Participated · Seed · Mar 2024

SilkPLM provides a subscription PLM system that helps retailers and manufacturers manage product data (descriptions, images) and supplier collaboration at scale. The product is already live for fashion, home & garden, and toy sectors, with a cosmetics module planned for the second half of the year. The company has completed three sizeable pilot implementations and targets acquiring several customers per quarter during broad commercialisation. SilkPLM aims to reach about 200,000 zł in MRR by year‑end and expects two‑thirds of sales to come from abroad by the end of 2025. Supplier integrations have so far been free but will become a paid revenue stream from Q2, and the team plans to add an automated replenishment module requested by many prospects. Management expects the latest funding to cover operations through end‑2025 and to reach profitability by then, after which they plan further financing for U.S. expansion.

Led · Seed · Jun 2023

Auxilius Pharma, founded in 2019, focuses on developing value-added medicines that address high unmet patient needs such as chronic-stable angina pectoris. The company was set up by Uwe Tigör, MD, and Jed Liwiniuk, MHA, and is led by CEO Jed Litwiniuk. Its lead asset, AUX-001, is a potent, dual-mechanism, once-daily anti-anginal reported to have anti-anginal efficacy comparable to beta-blockers, calcium channel blockers, or long-acting nitrates while also providing cardioprotective effects. In its presently available form AUX-001 is said to affect underlying coronary artery disease and to lead to better overall disease outcomes, including reductions in hospitalizations for chronic stable angina patients. Auxilius intends to use the funds to develop AUX-001 for treating chronic-stable angina in the US, a condition affecting 11 million Americans over age 20. AUX-001 is expected to be granted a five-year New Chemical Entity (NCE) market exclusivity in the US, where the reference product has never been approved.

Led · Seed · Sep 2022

Foodsi operates a platform that lets food establishments resell unsold items as surprise discounted packages (up to 70% off) available for same- or next-day pickup. The app aggregates offers from venues and allows users to reserve packages in seconds. Foodsi works with small local businesses and larger brands such as Carrefour, Wedel, Etno Cafe, Cofix, Campanile and Herbapol. The company reports almost 2 million users across major Polish cities including Warsaw, Wrocław, Kraków, Poznań and the Tricity area. Foodsi has launched a pilot solution for manufacturers to sell short‑expiration products delivered to homes. Management says the business will use new funds to grow, expand product and sales teams, and increase operational efficiency while preparing for a Series A round. Foodsi operates a managed mobile marketplace that allows catering establishments and shops to sell surplus food as surprise packages for same- or next-day collection. Users can book discounted packages—often as low as 30% of the original price—and the app aggregates offers from restaurants, bakeries, cafés, grocery shops and other outlets. The company reports over 800,000 mobile app users (more than 500,000 joined in the last year), over 3,000 partner establishments across Poland, and more than 850,000 food packages saved since launch. Foodsi’s app experience and operations support rapid onboarding of partners and has tripled the number of available outlets over the past year. Founded in 2019 and based in Warsaw, the startup plans to use new funding to add analytics and automated offer-sharing for partners, roll out product changes for consumers, expand further across Poland and prepare for international expansion next year. The team has grown sixfold over the past year and now numbers more than 30 people.

Led · Seed · Jul 2022

Milluu provides a mobile app and Milluu Bot that lets business users present apartments, schedule visits, sign contracts, secure goods, and pay utility bills while tenants search and receive personalized offers. The company charges owners a 20% setup fee and then a 10% monthly subscription, and charges tenants a 6% monthly fee. Milluu currently manages over 200 apartments and reports roughly €13K in monthly recurring revenue. The team is developing AI and ML features to improve matchmaking and automation. Milluu plans to scale to additional Romanian cities like Cluj and Iasi and expand across Poland, with a longer-term goal of a Series A in 2023 and targets of 20K managed units and nearly €20M in annual revenue.

Participated · Seed · Feb 2021

Nethansa is a Poland-based SaaS platform that automates and optimises sales and logistics processes for e-commerce players. Its platform analyses competitors’ offers and optimises product prices to increase customers’ margins, and the company provides comprehensive account management support. It serves players such as Amazon and Kaufland and supports end customers in six languages. Over 100 companies are already using the tool, which has been licensed by Amazon. The startup plans to expand internationally, targeting entry into the Danish and Swedish markets and eventual broader European coverage. The newly raised capital will be used to drive product development and its international expansion. Nethansa develops Clipperon, an AI-powered sales and logistics automation platform that automates listing uploads, price management, inventory and order handling for Amazon sellers. The company is a certified provider on the Amazon Service Provider Network and Marketplace Appstore and says clients sold €45M worth of goods on Amazon in 2019–2020. Nethansa reports monthly revenues of over €100,000 and a growth rate of over 250% from 2019 to 2020, and it serves close to 100 clients across Poland, Germany, Czechia and the UK. The startup has a team of more than 40 employees and works on a monthly fee plus commission pricing model. Management is preparing a SaaS version of Clipperon to accelerate international expansion and plans to expand services to platforms beyond Amazon (e.g., real.de). The company has received an EU grant of approximately €250,000 and has applied for an additional grant related to AI-based price forecasting.