Participated · Equity · Jul 2022

DCbrain offers a hybrid AI optimisation platform that configures and optimises complex networks, focusing on logistics and supply chains for transportation and production. The company says its solution improves truck filling rates and planning, enabling logistics clients to save substantial fuel costs. Its platform is used by customers such as STEF (which operates more than 4,000 trucks and serves over 100,000 recipients per day for 9,000 shippers) and by large energy companies to integrate green gases in their networks. DCbrain plans to use the new funding to expand its AI-based engine. The scaleup was founded in 2014 by Arnaud de Moissac and Benjamin de Buttet and is based in Paris. EIT Digital Accelerator supported the company in accessing the financing round.

Participated · Series A · Jun 2021

RazorSecure develops and deploys cybersecurity solutions designed to protect railway systems and critical infrastructure from malicious intrusion. Founded in 2015 and based in the UK, its customers include train manufacturers and operators such as Siemens, Northern Trains and West Midlands Trains. The company plans to expand into Europe and North America over the next five years and expects to create at least 67 new jobs in the UK. RazorSecure has a memorandum of understanding with the University of Birmingham’s Birmingham Centre for Railway Research and Education to improve railway cybersecurity. Financially, the company has secured investment and prior funding from Frontier Development Capital, including a £750,000 loan in 2018. The recent funding will support continued staff and product development and international expansion into the global rail market. RazorSecure is a rail-focused cyber-security company that develops machine-learning detection platforms and an EN50155-approved Security Gateway for train manufacturers and operators. Founded in 2015 and headquartered in Basingstoke, the company supplies solutions for onboard and trackside applications and has been deployed in over 1,600 rail vehicles, protecting more than 30 million passenger journeys. Customers and partners include Arriva, Icomera and Northern Trains, and the company reports it has doubled its team in the past 12 months. RazorSecure’s product suite detects operational deviations in control systems rather than focusing solely on data protection. The company plans to use the latest funding to expand its global presence and further develop protection for a growing number of rail customers. RazorSecure develops AI-based cybersecurity software that models typical system behavior and detects deviations as potential threats, enabling protection of transport systems without requiring a permanent internet connection. Its primary customers are in the rail and aviation sectors, and it has worked with operators and suppliers including Arriva, Icomera, Nomad Digital and VT Miltope. The company says its approach minimizes successful hacks while remaining effective for the life of a system. RazorSecure plans to use new funding to expand internationally and enter adjacent sectors such as automotive and shipping. The business intends to more than double its team from 12 to 27 people to deliver that strategy. Founded in 2015 and headquartered in Basingstoke, the company aims to leverage investor strategic support as it grows.

Participated · Seed · Dec 2020

FoodMarble develops the AIRE, a personal hydrogen breath test device and companion smartphone app that provides real-time breath analysis and actionable insights to help users optimize their diet. The AIRE translates clinical breath analysis technology into a handheld, at-home tracker that connects via Bluetooth. FoodMarble began as a direct-to-consumer business following a 2018 product launch and is extending its offering to assist clinicians in managing patient digestive health. The company positions the device as a way for users to identify food triggers without lengthy, highly restrictive diets. Planned uses for new funding include expansion into new markets, continued research and development, and further development of the FoodMarble AIRE. Financially, FoodMarble has closed a seed round of around €2.1 million and has also launched a Seedrs crowdfunding campaign to open additional funding to the public. FoodMarble developed AIRE, a pocket-sized digestive tracking device that analyses a user’s breath to identify which foods cause bloating, pain, constipation or diarrhoea. AIRE’s sensors measure biomarkers released when food ferments in the gut, and an accompanying app provides a searchable list showing whether specific foods are likely to be digested successfully based on readings. The company has taken more than 5,000 pre-orders for AIRE at a pre-launch price of €129, with an expected retail price of €159. FoodMarble says the product aims to empower users to manage diet-related digestive issues and to yield cost savings for over-burdened health systems. The recently raised funds are intended to help build a more powerful platform around the AIRE device. Founded in 2016 and based in Dublin, the team plans to develop its real-time personal diagnostic tools and platform further.

Participated · Series B · Jun 2020

Connecterra’s core product is a data platform that powers two applications: Ida for Farmers (a farmer-facing sensor and insights product) and Enterprise (a farm advisor/consultant app). Ida for Farmers is sold in 18 countries and the Enterprise app is used with farmers and advisors globally. The company uses AI to generate heat, health and performance insights and to enable data-driven decision making across the dairy value chain. Connecterra was co-founded by CEO Yasir Khokhar and Saad Ansari in 2015 and is focused on advancing its platform capabilities. Following the recent investment, Datamars acquired the Ida sensor business and took a majority share in the company, while Connecterra remains independent to continue development of Enterprise. Management says the partnership will accelerate scale, bring higher-quality cross-value-chain data, and unlock new insights and innovations to support sustainability and productivity goals. The Ida team is joining Datamars to maintain and support existing farmer customers as the companies integrate technologies. Connecterra, founded in 2014 and headquartered in Amsterdam, develops Ida, a predictive intelligence platform that combines proprietary sensor hardware, animal data, third-party enterprise data, and machine-learning algorithms. Ida has evolved from sensor tech to a full-stack technology and AI platform that provides farmers and industry stakeholders with actionable insights to improve farm and value-chain efficiency. The company operates in 16 countries and aims to empower animal farmers of all sizes to increase productivity while reducing the environmental footprint of animal agriculture. With the new funding, Connecterra plans to accelerate the growth and deployment of Ida and democratize access to its technology to millions of farmers. Management cites COVID-19–driven digital transformation as increasing demand for sustainable and efficient farming practices. The raise also positions Connecterra as one of the largest Series B financings for a European livestock-tech company and among the largest Series B rounds for a Dutch agtech startup focused on farm animals. Connecterra builds Ida, an AI-powered dairy farmer assistant that processes wearable-sensor and farm data to detect health issues, reproductive timing, and feeding problems while continuously improving via automated learning. Ida detects mastitis and lameness at least 24 hours before they become critical, identifies cows on heat and optimal insemination timing, and flags digestive disorders such as ketosis. The company is testing features to predict calving and to identify cows most efficient for breeding. Connecterra integrates multiple data sources rather than centering on the sensor, and targets farmers with herds from about 50 to 10,000 cows. It has several thousands of subscribers and works with larger industry clients including Danone. Ida is available in Canada, the US and Western Europe, with interest from markets including Ecuador, South Africa, and Mongolia. Connecterra plans to use new funding to further develop its technology, expand into new markets, and grow its team by hiring field technicians and account managers in the US and Europe. Connecterra, founded in 2014 and led by CEO Yasir Khokhar, develops a dairy health service combining sensor technologies and machine learning. Its core product is a wearable device that monitors herds in real time and transmits data to a cloud platform for analysis and prediction of behavioral patterns. The platform's insights aim to help farmers improve milk production per animal and optimize breeding cycles. The company will use proceeds from its $1.8M seed round to further develop its machine learning platform, grow its team, and accelerate trials and market delivery. Connecterra is supported by Microsoft through the Bizspark Plus Program. The company is based in Amsterdam and targets the dairy industry with its sensor-plus-cloud service.

Participated · Equity · Nov 2019

Iotic develops a patented Iotic Operating Environment, Twin technology and Event Analytics platform that creates a digital twin for any asset, from the smallest sensor to large power stations, engines, trains and planes. The digital twin has access to all its data and controls throughout its entire life, converting endpoints into meaningful events. Its platform enables enterprises and their ecosystems of assets, objects, companies and people to interact automatically and securely. Iotic intends to use the new funding to drive rapid deployment, deepen channel partnerships and expand market adoption. The company was founded in 2014 out of Cambridge and is led by CEO Robin Brattel. Its global pipeline of enterprise customers includes Rolls-Royce Power Systems and BAM Nuttall.