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The Venture Codex

Earlybird

91-93 Baker Street, London, England, W1U 6QQ, United Kingdom

Overview

Founded in 1997, Earlybird invests in all development and growth phases of technology companies. Among the most experienced venture investors in Europe, Earlybird offers its portfolio companies not only financial resources but also strategic support plus access to an international network and capital markets. With EUR 2 billion under management, eight IPOs and 30 trade sales, Earlybird is one of the most established and active venture capital firms in Europe.

Total investments
135
Lead investments
57
Investments · 12mo
9
Active investors
11

Sector focus

  • Financial Services
  • Incubators
  • Venture Capital
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Investment portfolio

  • Quantum Diamonds

    Participated · Series A · Jul 2026

    QuantumDiamonds develops and plans to manufacture advanced measurement and test systems for the semiconductor industry using novel quantum sensors that enable high-resolution, three-dimensional inspection of modern chips. The company is building the first production site for these quantum-sensor-based systems in the EU, with an announced investment plan of €152 million. It secured a €76 million direct grant approved by the European Commission and expects additional public support from the German federal and Bavarian state governments. QuantumDiamonds has made operational commitments tied to the public support, including prioritizing orders during shortages, offering early access to parts of the facility to startups and academic labs, and sharing excess project-related profits with Germany. The project is positioned as contributing to European semiconductor supply security and to strengthening the EU value chain under the European Chips Act.

  • TILT

    Participated · Equity · Jun 2026

    Tilt operates a live-shopping marketplace application that includes automated clipping infrastructure and a tool called "Snap" which translates video frames into transactional product listings during real-time auctions. The company has expanded across the United Kingdom, Italy, Spain, and Poland and has grown platform transaction volume eightfold since its 2024 Series A. Tilt is led by co-founders Abhi Thanendran and Neil Shah and has a 60-person team. It has raised over $50 million in total capital to date. With the newly announced $26 million round, Tilt plans to accelerate its AI roadmap, grow its independent seller base across additional European nations, and expand the team.

  • Avrea

    Led · Seed · May 2026

    Avrea offers a CI platform rebuilt for increased code output driven by AI, aiming to bridge the gap between code generation and delivery. The platform is compatible with existing CI/CD workflows, claims one-line adoption, and is designed so AI agents can directly participate in build, test, and shipping processes. Avrea provides observability into pipeline performance to help teams identify flaky tests, stalled builds, and infrastructure bottlenecks. The company emerged from stealth and was founded by Hannu Valtonen and Juha Valvanne. Avrea raised $4.7 million in pre-seed funding led by Earlybird and plans to use the proceeds to grow its engineering team, expand beyond CI/CD runners, and accelerate go-to-market activities. The article did not report revenue, user, or other operating metrics.

  • eleQtron

    Participated · Series A · May 2026

    Founded in 2020 as a spin-off from the University of Siegen, eleQtron develops trapped-ion quantum processors based on its proprietary MAGIC (Magnetic Gradient Induced Coupling) technology that enables microwave-based control of qubits. The company combines research-driven innovation with a stated focus on industrial scaling and commercialisation of quantum systems. eleQtron plans to scale production capacity and expand cloud-based access to its systems to support industrial deployment. Its near-term product and engineering roadmap centers on advancing its hardware platform and making systems accessible via the cloud. The company employs more than 100 people and has partnerships with leading European research and computing centres. Recent funding and grants are intended to accelerate its shift from laboratory development toward industrially usable quantum infrastructure.

  • CONXAI

    Participated · Equity · Apr 2026

    Founded in 2020 and led by CEO Sharique Husain, CONXAI builds a vertical AI platform tailored to the architecture, engineering, and construction (AEC) industry. Its platform ingests and processes multi-modal data sources including images, video, sensor inputs, documents, and CAD files to support construction workflows. CONXAI’s proprietary Neuro-Agentic Reasoning Architecture combines domain expertise with multi-modal AI to provide explainable and auditable automation for complex, context-dependent tasks. The company plans to use the newly raised €5.0M to expand product capabilities, scale deployments, and accelerate global adoption. The article does not disclose revenue, user metrics, prior funding amounts, or valuation.

Team