Participated · Equity · Dec 2025

Blykalla is an advanced nuclear-technology company focused on the SEALER reactor, a compact, lead-cooled fast reactor intended to provide stable, emission-free baseload electricity. The company positions SEALER for both national grids and rapidly growing hyperscale data-center markets whose power needs are increasing with AI adoption. With its latest funding, Blykalla will scale verification and validation activities at the Advanced Reactor Testing Site in Oskarshamn, progress detailed design and construction of its first reactor unit, and accelerate commercial and regulatory work to secure a deployment site and permits. A newly signed Joint Technical Development Agreement with U.S. reactor developer Oklo enables the two firms to coordinate licensing, component procurement, fuel supply, and broader supply-chain efforts, aiming to shorten timelines and reduce risk. Strategically, Blykalla also taps expertise from industrial partners such as Uniper, KSB, and ABB. The company has now raised an additional $50 million, strengthening its balance sheet as it moves toward initial deployment; no revenue or customer metrics were disclosed in the articles.

Participated · Equity · Jul 2025

Glartek builds EHS connected-worker software to improve operational safety, quality, and collaboration in industrial environments. The platform supports risk management, audits, inspections, training, and sustainability and serves clients including EDP, SONAE, and Daimler. The company will use the €2.0M funding to accelerate go-to-market, strengthen customer acquisition, and enhance its product roadmap. Product development emphasis is on EHS, safety compliance, and real-time collaboration tools. Founded in Portugal in 2017 and based in Leiria, Glartek is VC-backed and targets manufacturing and other asset-intensive industries to increase safety and operational performance.

Participated · Equity · Nov 2024

Gazelle Wind Power is commercializing a patented floating offshore wind platform that combines unique hull geometry with a counterweight-based mooring system to reduce motion, minimize environmental impact, and lower levelized cost of energy (LCoE). The design is compact for assembly in shallow-draft ports, uses less steel, and targets industrial-scale rollout for turbines of 15MW and larger. Gazelle is advancing the Nau Azul demonstration project off the coast of Aguçadoura, Portugal, which has received a 10-year TUPEM authorization to enable deployment. The Nau Azul project will validate the platform under Portugal’s harsh offshore conditions and is intended to support large-scale commercial deployments across Iberia. The company has bases in Dublin and Viana do Castelo and maintains a presence in Vigo and London. Gazelle positions its solution to enable local content, utilize existing port infrastructure, and streamline transport, installation, and maintenance. Gazelle Wind Power develops next-generation floating platforms for offshore wind to make deep-water wind energy more viable, accessible and with less environmental impact on marine ecosystems. Its design targets lower costs, high stability, easy transport, installation and maintenance, and uses pre-existing port infrastructure and shipbuilding modular assembly to enable local content. The company is building the 'Nau Azul' demonstration pilot to validate the technology in real offshore conditions near Aguçadoura and Viana do Castelo. Founded in 2020 and based in Viana do Castelo, Gazelle says the platform is intended to reduce Levelised Cost of Electricity (LCOE) while mitigating impacts of traditional platforms. Recent funding will be used to strengthen Gazelle’s operational structure, expand its technical team and move ahead with construction of the pilot project. The company frames the pilot as a step toward a cost-competitive, scalable solution for larger deployments. Gazelle Wind Power is developing a modular, lightweight floating offshore wind platform designed to reduce costs and environmental impact. Its platform uses a patented dynamic mooring system to reduce pitch and balance movement without active ballasting. The design emphasizes modularity and shipyard-friendly fabrication with final assembly near wind farm sites to enable scalable deep-water deployment. Gazelle is advancing Nau Azul, a 2MW grid-connected demonstrator planned for Aguçadoura, Portugal, and has opened a local office in Viana do Castelo to support engineering and supply-chain activities. The company targets lower LCOE, easier installation and maintenance, and protection of marine ecosystems. Gazelle is based in Dublin and Viana do Castelo and has a presence in Vigo and London. Gazelle Wind Power designs and engineers a hybrid attenuated mooring floating platform that combines features of tension‑leg and semi‑submersible systems to enable deeper‑water offshore wind. The patented design claims a 70% reduction in steel weight, platform tilt under 1°, and roughly a 30% cost reduction versus other floating platforms. The company plans to use recent funding to develop its first grid‑connected demonstrator and accelerate platform development for the deep‑water offshore wind market. Gazelle says its platform overcomes buoyancy and geographic limitations while preserving fragile marine environments. Financially, Gazelle announced a $4 million financing package composed of seed and strategic long‑term funding to advance demonstration work. The company recently added an elite group of energy industry veterans to its board. Gazelle is based in Dublin and maintains a presence in Dubai, London, Madrid, and Paris.