Participated · Equity · Sep 2025

WAAT specialises in designing, installing and operating EV charging stations in private environments such as residential blocks and commercial sites. Its end-to-end offering spans site audit, installation, maintenance and a proprietary MyWAAT application that lets users monitor and pay for charging sessions. The company is scaling a smart-charging platform that will soon incorporate artificial intelligence to optimise energy use and act as an “energy coach” for drivers. By 2030, WAAT plans to deploy 250,000 active charging points, consolidate its leadership in the condominium segment and expand aggressively into broader commercial real estate across Europe. The business currently employs roughly 300 people across 20 French locations and reports annual revenue of about €70 million with positive EBITDA for the last three years. With a focus on lowering carbon footprints and promoting city health, WAAT positions itself as an impact-driven, profitable growth company ready for European expansion.

Participated · Equity · Aug 2025

Deutsche GigaNetz GmbH builds quality FTTH (fiber‑to‑the‑home) networks with an open‑access approach and a focus on energy‑efficient operation versus legacy copper. The company pursues an eigenwirtschaftlicher (commercial) rollout model that leverages existing infrastructure and public funding frameworks to achieve wider coverage. With headquarters in Hamburg, it aims to complete and expand existing clusters and develop future digital infrastructure projects targeting under‑served municipalities. The recent financing will enable connection of roughly 226,000 additional households and businesses to stable gigabit fiber. Deutsche GigaNetz emphasizes sustainable deployment methods and discrimination‑free access for other providers as part of its long‑term network strategy. The company positions itself to help close Germany’s fiber‑connectivity gap, where only about 10% of ~43 million households are currently on fiber networks (VATM).

Participated · Debt Financing · Aug 2025

Smart provides cloud-native retirement savings and investments technology, with its flagship Keystone platform designed to help employers, governments and financial institutions deliver digital, bespoke and cost-efficient retirement savings and income solutions. The company also owns and operates one of the UK’s big-four auto-enrolment master trusts, serving more than 1.5 million savers and over 90,000 employers with more than £10 billion in assets on its master trust. Across its Keystone platform Smart serves more than 1.5 million savers entrusting over €11.5 billion in assets and operates in the UK, US, Europe, Middle East and Asia. Founded in 2014 by Andrew Evans and Will Wynne, Smart is recognised as one of the UK’s largest workplace pension providers and is backed by investors including Legal & General Investment Management and J.P. Morgan. Management says the business is profitable and intends to use new financing to support growth, continue developing product solutions and take advantage of rapid consolidation in the UK market. Smart Pension operates a cloud-native retirement technology platform used by employers, large financial institutions, and governments to deliver workplace pensions and retirement services. The platform has been rolled out with Bank of Ireland’s New Ireland Assurance, Zurich, and the Dubai International Financial Centre. Smart reported assets on its platform grew by more than 160% in 2020 to almost €1.98bn and it has close to a million savers on the platform. The company says it has straight-line visibility to well over five million savers within the next 24 months. Smart plans to expand its offering across the UK, the US, Australia, the Middle East and additional territories including the Netherlands, and intends to deploy capital for M&A to bring members and assets onto its technology. The founders position Smart as a proven global retirement operating system addressing a $55trn global retirement market. Founded in 2014 by CEO Andrew Evans and MD Will Wynne, Smart Pension is a MAF-accredited online auto-enrolment provider based in London. Its core product is a technology-led pension solution designed to improve the experience of hundreds of thousands of small and micro businesses required to comply with new pension legislation. Advisers and employers can use the platform for free with no upfront or ongoing charges. The company completed a £15m Series B that brought total funding to date to £25m and values the business at more than £65m. Smart Pension plans to use the new funds to continue expanding operations and to export its pension technology overseas. Smart Pension is a London-based, MAF-accredited digital pension platform co-founded in 2014 and launched in May 2015. It enables small and micro companies to sign up employees to a workplace pension scheme required by law. The core product is an online auto-enrolment solution that streamlines scheme setup and access to pension funds for small employers. The company entered a strategic partnership with Legal & General Investment Management to broaden its offering for small schemes, giving customers access to a range of LGIM DC pension funds tailored to the Smart Pension solution. The deal includes a minority investment by LGIM and a board appointment, indicating a strategic commercial relationship. The article does not disclose financial metrics or the investment amount. Smart Pension offers a technology platform that helps UK businesses manage auto-enrolment pensions. Its adviser platform enables accountants, bookkeepers, payroll bureaus, payroll software providers, HR teams and independent advisers to manage portfolios of clients through auto-enrolment. The company is led by co-founder and CEO Andrew Evans, with Will Wynne as MD and Peter Walker as COO. Smart Pension intends to use the new funding to continue growing operations. The company has raised £5m in total to date. Board changes accompanying the round include Duncan Howorth joining the board and Anthony Joliffe joining as chairman.

Led · Debt Financing · Feb 2025

Revving offers an industry-first, tech-driven receivables funding platform that integrates with digital marketplaces to provide instant access to revenue ahead of invoice creation. Its proprietary credit-risk engine and direct integrations enable automated funding, payment and credit insights for publishers, affiliates, agencies and networks. The company says its model shifts credit risk upstream and improves transparency and cashflow across complex adtech supply chains. Since launching in 2023, Revving has gained traction in the UK market with a growing roster of publishers, advertisers and networks. Management expects to fund up to £1.8 billion to UK digital businesses over the next three years and to help address extended payment terms that stretch to 120 days. Revving is headquartered in London, UK, and Barcelona, Spain.