Led · Series A · May 2026

Quanscient develops a cloud-based, code-driven multiphysics simulation platform combined with quantum algorithms and AI integration to accelerate hardware engineering. Its platform aims to shorten development cycles, reduce reliance on physical prototypes, and decrease simulation runtimes while producing large volumes of physics data for AI models. The company reports industrial customers across Europe, North America, and Japan, including Fortune 100 firms. Quanscient plans to use the Series A proceeds to expand internationally and continue developing its simulation, quantum computing, and AI capabilities. The company positions its architecture as a foundation for physics-aware AI models for engineering design. No revenue or other financial metrics were disclosed in the article.

Participated · Series A · Sep 2024

TriLite designs and manufactures the Trixel® 3, which it bills as the world’s smallest projection display using Laser Beam Scanning (LBS) technology. The Trixel® 3 targets AR smart glasses, OEM/ODM integrations, and in-vehicle driver information systems. The company emphasizes a compact form factor that enables high brightness and image performance for both consumer AR and automotive use cases. TriLite holds multiple patents around its projection technology and plans to refine its IP while scaling mass production. Management says the latest funding will accelerate production and innovation. The company is based in Vienna, Austria and was founded in 2011; prior to the new round it had reported total raises of $9.29M. TriLite, based in Vienna and led by CEO Peter Weigand, develops ultra-compact projection displays for consumer augmented and mixed reality applications. Its Trixel® 3 module occupies just 0.92 cm3 and combines a micro-optical RGB laser light source with a MEMS mirror to deliver bright, high-quality images at very low power consumption. The company has invested in software, including proprietary calibration algorithms, to simplify developer adoption and minimize optical system size and complexity. TriLite also offers a manufacturing platform and high-volume supply chain to accelerate customers' time-to-market. The firm's stated aim is to help AR/MR glasses overcome the bulkiness and weight that have hindered mass-market adoption. In October 2021 TriLite raised €8m to continue expanding operations and broaden its business reach.

Led · Seed · Sep 2022

AWAKE Mobility is a Munich-based startup (founded in 2020) that has developed a combined hardware and software platform to harness real-time vehicle data from buses. The technology remotely monitors vehicle condition and generates insights and recommendations for mechanics to reduce downtimes, repair costs, fuel consumption and emissions. Live monitoring also supports improved punctuality and higher customer satisfaction. The company sells to bus operators and fleets and already counts customers in three European countries, including Autobus Oberbayern and VAG Nürnberg. AWAKE plans to launch new services for customers in the next few months and to accelerate its expansion as it continues technical development of its platform. The CEO and co-founder, Daniel Tyoschitz, said the recent capital increase will support further development of the hardware and software platform.

Led · Series A · Sep 2021

contextflow is a spinoff from the Medical University of Vienna that applies AI and a 3D image-based search engine to analyse 3D medical images such as CT scans and MRIs. Its platform is currently used by radiologists examining lung CT scans and can identify 19 distinct patterns, including those related to COVID-19. The company positions its product as a clinical support system unique in its ability to detect and search for disease patterns in 3D images. With the new funding, contextflow plans to develop products for a wider range of organs and expand further into the European market. It is also pursuing FDA approval to enable entry into the US market. The company raised a Series A to support these product and market expansion efforts. contextflow is a Vienna-based spin-off from the Medical University of Vienna supported by the Technical University of Vienna. Its core product is AI software that, when a radiologist marks a region of interest (currently focused on lung CTs), retrieves visually similar reference cases and relevant medical literature within seconds. The system is designed to integrate into radiologists' routine workflow to reduce time spent on difficult diagnostic cases and avoid manual searches across multiple sources. The company is testing a 3D image search with seven international partner hospitals and clinics. Contextflow plans to use new capital to obtain CE certification and to accelerate international proof-of-concept (POC) projects. POCs with seven clinics in Germany, Austria, the Netherlands and Croatia are underway prior to planned broader international scaling.

Led · Equity · Sep 2019

klarx operates a digital platform that vertically integrates more than 4,000 rental partners to let construction companies access, rent and manage over 250,000 types of machinery online. The company has handled more than 50,000 rental requests for thousands of customers, including Strabag, Deutsche Bahn and Unger Steel. Founded in 2015 in Munich, klarx employs a team of over 60 people working toward becoming the leading supply platform for construction sites in Europe. The business model aggregates partners and equipment to simplify procurement and on-site logistics for construction firms. The company intends to use the newly raised funds to further product development and to expand into new European markets. klarx operates an online rental platform for construction equipment and heavy machinery, digitalizing the entire rental process for rental stations and lessees. As an independent full-service provider, the company offers transparent overviews of final rental prices, including logistics and insurance, and shows equipment availability. Founded in 2015 by Matthias and Florian Handschuh and Vincent Koch, klarx is based in Munich, Germany. In September 2018 the company raised €4m in funding. It intends to use the capital to expand the team, continue growing across Europe, develop the platform and increase the number of strategic partnerships. The funding supports its plans to scale platform capabilities and expand its European presence.