Participated · Seed · Aug 2025

Yottar provides a SaaS platform that maps electrical distribution-grid capacity to show where power is available for new data centers, EV chargers, solar and battery installations, and other medium-sized electricity demand projects (roughly 1–5 MW). The product combines regulator-published distribution network data, licensed private datasets, and anonymized customer connection outcomes to produce detailed site-level capacity maps. Customers pay a per-seat fee plus a usage charge based on the number of sites evaluated; notable customers include Tesla and the U.K. National Health Service. Yottar positions itself against consultants and other startups in the space by offering mapped capacity rather than disputing utility-reported headroom. The company is launching a feature to quickly identify locations capable of supporting upgrades or new equipment. For now Yottar operates in the U.K. and is eyeing expansion to the U.S. and other markets.

Participated · Series B · Apr 2025

Fairmat is a French industrial technology company focused on turning end-of-life carbon-fibre composites into new, high-value materials through its patented Infinity Recycling process. Using advanced robotics, artificial intelligence, software and machine learning, the firm already manufactures between 6,000 and 10,000 m² of circular composite sheets per month at its plants in France and the United States. Management aims to complete full-loop circularity by 2027 and to extend its recycled composite products into additional vertical markets. The company began commercial production earlier than planned in 2024, underscoring the scalability of its automated model and positioning it to fulfill growing customer orders. Financially, Fairmat secured €51.5 million in April 2023 and has now added another €10 million, bringing total disclosed funding to €61.5 million. The new capital will accelerate technology refinement and market expansion while reinforcing Fairmat’s ambition to become a global leader in sustainable advanced materials.

Participated · Equity · May 2024

Anapaya develops network solutions based on the SCION architecture, designed to mitigate denial-of-service attacks, provide strong authentication, and resist routing attacks. The company has been a major manufacturer of SCION infrastructure and has deployed systems in Swiss banking and healthcare sectors. Anapaya operates secure points-of-presence in over 60 data centers worldwide, enabling customers to connect from diverse locations. The firm recently closed a CHF 10 million funding round to support its growth. Planned uses of the funds include international expansion, accelerated growth in Switzerland, and diversification into new industries such as energy and payment systems. Anapaya is also promoting migration of critical internet services to SCION through its products and PoP network. Anapaya Systems, founded in 2017 by Adrian Perrig, David Basin, Peter Muller, and Samuel Hitz, develops SCION-based internet architecture to provide secure, high-availability communication. Its core product is SCION-based secure Points-of-Presence (PoPs) and networking software that combine explicit trust information, failure isolation, and route control to deliver secure, performant connectivity. The company operates PoPs in over 60 data centres worldwide, including locations in Italy, France, Germany, Indonesia, Singapore, Hong Kong, and South Korea. Anapaya has delivered the Secure Swiss Finance Network (SSFN) for institutions including the Swiss National Bank, SIX, Swisscom, Sunrise, and SWITCH. The firm plans to expand the SCION network into Web3 communications, partnering with Mysten Labs to set standards for security, availability, and performance for the Sui blockchain. Anapaya recently secured €1.8M in funding from Mysten Labs to support development of SCION-based Web3 infrastructure.

Participated · Equity · Sep 2023

numa, formerly Cosi, is a Berlin-based digital hospitality startup founded in 2019 that rents rooms and apartments to short-term travelers. The company operates like a classic hotel chain but omits services such as breakfast and a staffed reception to streamline operations. Founders include Christian Gaiser, Dimitri Chandogin, Gerhard Maringer and Inga Svinhufvud Laudiero. numa raised $59 million in a financing from Verlinvest, Cape Capital and existing investors, and was valued at around $300 million according to Handelsblatt. Management says it will use the additional network and financial firepower to grow its digital hospitality platform to run both serviced apartments and hotels. Prior to this round the company had previously raised $45 million from investors including DN Capital, Headline, Cherry Ventures, Soravia, Kreos Capital, TruVenturo and Scope Hanson. NUMA Group is a boutique hotel technology platform that partners with investors, property owners, developers and hotel operators to create technology-enabled units and manage them via a full-stack hospitality offering. It operates roughly 2,500 units across Berlin, Munich, Rome, Milan, Madrid, Barcelona and Vienna and expanded into Spain, Italy, Austria and the Czech Republic in 2021. NUMA's platform automates business processes, applies intelligent pricing and aims to increase occupancy and operator profits. It also offers “NUMA go”, a tech-franchise solution that provides third-party hoteliers with its tech stack for a percentage of revenue. The company used the pandemic to prove its model, reporting 500% revenue growth and 85% booking occupancy. Leadership has stated the goal of establishing NUMA as the dominant technology and creative solution provider for a new generation of hotels in Europe.

Participated · Series C · Apr 2021

Modern Meadow is a biofabrication company that uses proprietary technology integrating design, biology, and material science to create sustainable materials. The company was co-founded in 2011 by Andras Forgacs, Gabor Forgacs, Karoly Jakab and Francoise Marga and operates from Nutley, New Jersey and Brooklyn, New York. It has a team of 90 people with expertise in molecular biology, material science, engineering, and design. The company is led by newly appointed CEO Anna Bakst, who also serves as Chair of the Board; founder Andras Forgacs remains a board director. Modern Meadow intends to use the funds to invest in research and development across material science and biotechnology. Its proprietary technology and multidisciplinary team support its R&D-focused plans. Modern Meadow is a biofabrication company developing sustainably produced, animal-free premium materials under its Zoa™ branded platform. Its first platform product, Zoa™, is constructed with collagen protein without inputs from animal-based agriculture. The company’s proprietary technology integrates design, biology, and material science to create materials intended to replace traditional animal-derived inputs. Modern Meadow plans to accelerate development of its branded materials platform using the newly secured funds. The investment is positioned to help scale product development and advance the company’s sustainability goals. Modern Meadow is led by co-founder and CEO Andras Forgacs and is based in Nutley, New Jersey. Modern Meadow develops biofabricated leather by designing cells to produce and assemble collagen and other proteins, yielding material the company says is biologically identical to traditional leather. The process removes hair, flesh and fat, and eliminates much of the liming and toxicity associated with conventional leather production. The company says its methods allow designers to specify traits such as flexibility, elasticity, thinness or thickness; produced leathers can then go to a tannery for additional dyeing. Modern Meadow intends to use its new funding to move beyond R&D into a scale-up phase, expand its New York lab and design studio, establish its first foundry or factory, and continue hiring. The company has also recruited senior talent, including a former DuPont chief of staff as CTO. A major challenge the company acknowledges is making biofabricated leather affordable for the mass market. Modern Meadow is a New York-based biotech company focused on producing bioprinted cultured leather and related biomaterials, and it is also developing vat-grown meat. The company raised a $10 million Series A to begin printing cultured leather. According to the article, Modern Meadow has $12.5 million in private funding. Founders Gabor and Andras Forgacs previously worked on Organovo; the leather effort is led by biologists Francoise Marga and Karoly Jakab, and Business Director Sarah Sclarsic said cultured leather will reach market first. The company sampled vat-grown meat at SXSW but plans to bring cultured leather and related biomaterials to market in the next few years. The technology is described as still in its infancy but aims to create more sustainable, slaughter-free alternatives to conventional leather and meat.