The Venture Codex Logo

The Venture Codex

Boundary Holding

21 Avenue Monterey, Luxembourg, L-2163

Overview

Headquarters: 121 , Avenue de la Faïencerie, 1511, LUXEMBOURG .Boundary Holding is a global investment fund based out of Luxembourg and France which invests in Artificial Intelligence, and associated next-gen industries like Deep Tech, IoT and Analytics. Primarily operating as a Bridge fund, Boundary Holding was founded by Rajat Khare. The fund has a network of startup programs around the world in AI and Analytics across different organizations in the world. The company seeks to investing in efficient business models of startups in the associated next-gen technologies, which has the potential to further grab market opportunities, whilst maintaining allegiance towards the entrepreneurial roots and ideals.

Total investments
4
Lead investments
1
Investments · 12mo
0
Active investors
0

Sector focus

  • Artificial Intelligence (AI)
  • FinTech
Visit website

Investment portfolio

  • CYSEC

    Participated · Seed · Jan 2022

    CYSEC develops confidential computing software, notably ARCA Trusted OS, an operating system that protects sensitive data at runtime. The company serves sectors including financial services, critical infrastructure (IoT) and the space industry. It positions its products for NewSpace use cases and has experience with cloud and edge computing on board satellites. CYSEC has entered partnerships with key industry actors and has received European Space Agency support since 2020 for strategic projects. An early version of its edge computing was embedded on a SpaceX rocket in January 2022 for in-space testing. The company recently raised additional funding to accelerate deployment in the space sector and to expand sales and engineering headcount. CYSEC develops ARCA, a hardware-based trusted execution environment (TEE) that secures sensitive data and workloads with full-stack protection from hardware to kernel to application. ARCA is designed to protect data on premise, in the cloud and at the edge. The company is focusing on Digital Assets/DeFi and Edge Computing — including Space — where protection of data in use is increasingly demanded. CYSEC closed a CHF4 million seed extension that brought total company funding to CHF7 million. The additional financing is intended to support the company’s growth in its target European markets. CYSEC also plans to open new offices in Paris in 2022 and advance collaboration with the European Space Agency to reinforce its presence in Europe. CYSEC has developed ARCA, a versatile and highly scalable security solution that stores sensitive data and runs critical software in a trusted environment to simplify deployment of secure applications. ARCA integrates certified security hardware and provides key management, encryption/decryption, digital signatures and strong authentication using modern cryptographic algorithms. The product is designed to be easy to install, cost-effective and flexible to adapt to changing security and business requirements. CYSEC has formed industry partnerships with METACO, Astrocast, Geosatis and Build38 and won a contract with the European Space Agency to protect ship-tracking communications. The company holds registered patents and participates in academic and industrial programs including Innosuisse, EUREKA/EUROSTARS and H2020, and was selected for the ESA BIC incubation programme; it has also won IMD and ITU innovation awards. Management is led by Patrick Trinkler (CEO), Yacine Felk (COO) and Alexandre Karlov (CTO); the company recently received new financing in the form of a FIT loan to support growth.

  • Scewo

    Participated · Series A · Sep 2021

    Scewo AG is a Swiss, Winterthur-based technology company best known for the Scewo BRO, a stair-climbing electric power wheelchair. The BRO represents a new generation of power wheelchairs that combines technologies in novel ways to improve mobility. The company recently secured CHF 9.2 million in a Series A extension to accelerate product development and commercialization. The infusion of capital is intended to drive the company toward profitability and to support a strategic entry into the U.S. market. Scewo says it will use the funding to enhance its wheelchair technology and expand freedom and independence for users with mobility challenges. Scewo develops the BRO, a stair-climbing electric wheelchair now produced in a second series with optimized hardware and a new battery and the ability to be used as a passenger seat in a car. The company has expanded its production site in Stein am Rhein and is growing its team to support manufacturing and train new distribution partners. Scewo has established a subsidiary in Germany and is building a sales network there, hiring first distribution partners who will also assist customers with health-insurance financing applications and provide local service. The fresh capital is being used primarily to expand market activities and marketing in Germany. The company is evaluating additional European countries and plans to start in further countries later this year. About 40 BROs are currently in use according to the article. Scewo develops the Scewo BRO, a stair-climbing power wheelchair that has won multiple design awards and the Swiss Medtech Award 2021. The vehicle is CE-certified and is produced in Switzerland, where Scewo has expanded production capacity to several hundred units per year. The wheelchair can already be officially financed through insurances in Switzerland and Germany. The company reports strong customer interest and is evaluating strategically located distribution partners to offer local test drives and service. Scewo was a Venture Kick winner in 2017 and was named among the TOP 100 Swiss Startups in 2019 and 2021. The startup intends to use new capital to accelerate company growth and international expansion.

  • infiniDome

    Participated · Seed · Jun 2020

    infiniDome develops GPS protection and resilient navigation solutions, notably the GPSdome2 product line, to keep manned and unmanned platforms operational in GPS‑challenged or denied environments. The company’s technology centers on redefined EW algorithms and a proprietary RFIC chip designed for favorable C‑SWaP (cost, size, weight, power) tradeoffs for small and medium platforms. Its solutions fuse data from multiple sensors — anti‑jamming modules, INS, radar, GPS integrity and attack monitoring tools — to provide full navigation resiliency. infiniDome targets defense customers today (including US DoD, Israeli primes, ROK armed forces and Indian armed forces) and plans to expand into commercial UAV/AAM markets. The team has grown to 26 employees and the company emphasizes partnerships and co‑development with strategic investors. Financially, the company has raised a $9M Series A and had prior funding including $7M in earlier raises plus $1.5M from the Israel Innovation Authority. infiniDome provides front-end cyber solutions protecting wireless communications from jamming attacks, tailored for drones/UAS, vehicle fleets, critical networks and defense applications. The company says proceeds from its recent pre-Series A will help scale customer engagements in Commercial Aircraft, UAS/UAV and UAM market segments. Recent milestones include successful UAS flight trials under GNSS jamming scenarios as part of the NA'AMA initiative and selection of its technology by Easy Aerial for global security and defense solutions. infiniDome is developing a next‑generation GPSdome in a small package, an IoT sensor for critical assets, and a cloud-based management system for monitoring and protecting GNSS-dependent stationary and mobile assets. Investors including Next Gear Ventures and Honeywell Ventures signaled confidence in the company and its GPS protection technology. The company announced a $2.4 million financing to expand deployments and customer engagements. infiniDome develops GPS cyber-attack detection and protection solutions, including OtoSphere, which it describes as the world's first solution tailored for commercial and consumer vehicles. The company's patented Phased-Array Anti-Jamming technology protects GPS-dependent applications from inexpensive jammers and targets autonomous vehicles, drones, connected fleets, cash-in-transit, high-end cargo transport, and critical infrastructure. infiniDome reports multiple units sold in 20 countries and says its products have been successfully proven in the field. The company closed a $1.6 million Seed round and has opened a Pre-series A round. Seed investors include Boundary Holding (India and Luxemburg), Next Gear Ventures (Israel), and Aston Partners (New York). Management intends to use the Seed funds to ramp sales and marketing and to design the next product as it seeks further penetration of the UAV/UAS, fleet, and critical infrastructure markets.

  • KONUX

    Led · Series B · Apr 2019

    Konux builds SaaS products that combine machine learning and Industrial Internet of Things (IIoT) to operate, monitor and automate railway maintenance processes, aiming to increase capacity, reliability and cost-efficiency. The company says clients reduce maintenance expenses by more than 25%. Konux is active in ten countries across Europe and key rail markets in Asia. After the latest financing the company positions itself as the largest AI scale-up in Europe in sustainable transportation. The raised capital will be used to hire 100 data scientists and software engineers, tripling headcount to about 300 and expanding the product portfolio and global market footprint. Konux won a DB tender to digitize 1,300 switches under a long-term framework agreement, with DB investing €15M in that stage. The company was founded in 2014 by Andreas Kunze, Dennis Humhal, Maximilian Hasler and Vlad Lata and is based in Munich. KONUX combines smart sensors with AI-based analytics to enable higher train punctuality and increased network capacity through predictive maintenance planning and optimized railroad utilization. Co-founded by Andreas Kunze (CEO), Dennis Humhal (COO) and Vlad Lata (Vice-Chairman), the company focuses on railway analytics and optimization. KONUX was named one of the most innovative scale-ups by the World Economic Forum. Financially, the company completed a Series B extension of €11.5 million, bringing the round total since last year to €29 million and total funding to date to €44 million. Boundary Holding joined the Series B1 extension (amount undisclosed) alongside earlier investors, and the capital is intended to support international expansion. The company plans to expand into railway-dense regions including parts of Europe, Asia, Southeast Asia and India. Konux develops a solution that pairs smart sensors with AI-based analytics to enable predictive maintenance planning for railroad infrastructure. Its platform allows clients to continuously monitor infrastructure, identify maintenance needs ahead of time, and improve operational efficiency. By enabling predictive maintenance and optimized utilization of railroads, the company aims to increase train punctuality and network capacity. Led by CEO Andreas Kunze and based in Munich, Konux intends to use its recent funding to accelerate product development and drive international market expansion. The company aims to be active in more than half a dozen countries by the end of the year. In April 2018 it completed a $20m Series B financing. Konux develops a solution that pairs smart sensors with AI-based analytics to provide real-time asset performance monitoring and enable predictive maintenance. The company has begun deployments with Deutsche Bahn to digitize rail switch condition monitoring. Led by CEO Andreas Kunze, Konux intends to use the new funding to add product features and expand into additional European countries. Founded in 2014, the company has a team of about 35 employees. Prior to the latest close, Konux had raised a total of $18M. The product and go-to-market focus is on industrial asset condition monitoring for rail operators and similar customers. Konux develops smart sensor systems and data analytics powered by artificial intelligence to help industrial companies analyze machine problems, predict maintenance needs, and generate real-time machine insights. Its products aim to increase equipment uptime and reduce maintenance costs. The company is led by CEO Andreas Kunze and is based in Munich, Germany. Since its inception at the end of 2014, Konux has acquired multiple customers including major customer Deutsche Bahn. In April 2016 Konux raised $7.5M in a Series A to fund platform expansion and product rollouts for new and existing customers.

Team

No current team members are available.