Participated · Equity · Oct 2025

Founded in early 2024 in Amstetten (Lower Austria), 2ndCycle is developing a fully automated industrial plant that can upcycle and recycle used photovoltaic modules. While the full system is still under development, the company is already monetising parts of its technology by offering large-scale, automated testing services for PV panels at cost-efficient price points. These services have attracted notable customers such as the utility EVN, for whom 2ndCycle recently inspected the flood-damaged Dürnrohr solar park. Management reports that product development is proceeding according to plan and that initial revenues are already being booked. The fresh capital from the latest financing will be directed toward further development and expansion of the existing reuse and recycling facility in Amstetten. By combining recycling, reuse, and quality-testing capabilities, 2ndCycle aims to position itself as a technology leader in the rapidly growing secondary market for solar modules.

Participated · Seed · May 2025

aTENSION.life develops precision diagnostics for hypertension using a proprietary ALDO+ mass spectrometry platform. Its first product, ALDO+PA, screens for primary aldosteronism from a single blood sample, targeting an underdiagnosed condition affecting 5–10% of hypertensive patients. The ALDO+PA test is currently available in Austria through a partnership with labors.at, with initial customers already implementing the technology in Germany, Switzerland and the US. The company plans to roll out across DACH markets by 2026. The articles highlight a large addressable market—approximately 1.3 billion adults with hypertension worldwide, of whom about 720 million may not receive adequate treatment due to underdiagnosis of specific subtypes. The company announced a USD 3 million seed financing led by Wlanholding that coincided with the appointment of Dr. Werner Lanthaler as chairman.

Led · Equity · Sep 2023

Greenwood Power is an Austrian manufacturer of power and voltage sensors for gas- and air-installed local substations. Its patented sensors aim to reduce grid destabilisation caused by production and demand fluctuations. The company emphasises retrofit applications and a cost-effective 3D‑printing manufacturing process. Greenwood is researching a system for sending sensor data to a central processor to automatically detect deviations and notify grid operators. It reports revenues of €10 million and an export share of 99 percent. The firm expects to quintuple its global market share to 10 percent and reach profitability soon.

Led · Equity · Aug 2023

USound is a fast-growing MEMS loudspeaker company that enables OEMs to build next-generation audio products including Bluetooth earphones, smartphones, VR/AR glasses, wearables, and over-the-counter hearing aids. Its speakers occupy 50 % less space, consume 80 % less energy, and offer a broader frequency range than rival solutions, giving device makers greater design flexibility and lower system costs through SMT-ready assembly. The technology, protected by more than 350 patents, is being integrated by major audio ODMs such as Luxshare-ICT and Concraft/OBO Pro2. Customers have begun adopting USound’s thin, lightweight, full-range speakers for upcoming true-wireless-stereo earbuds and hearing aids. The company is currently ramping high-volume production to meet that demand, supported by the newly raised growth capital. USound’s management team includes CEO Ferruccio Bottoni, CTO Andrea Rusconi-Clerici, and CFO Herbert Gartner. Headquartered in Graz, Austria, the firm positions its MEMS speakers as ushering in “a new age for the audio industry.” The article did not disclose revenue, user, or profit figures.

Led · Series A · Mar 2023

Finmatics offers AI-supported software to digitize and automate accounting processes and document processing, reducing time spent on accounting tasks. The company is led by CEO Christoph Prieler and operates from Vienna, Austria and Berlin, Germany. It counts the majority of the Big Four such as KPMG among its customers, and serves more than 900 law firms and 50,000 companies. In the past 12 months Finmatics increased its total turnover by more than 300% year‑over‑year. The company plans to use the funding to further growth in Germany, expand its teams in Vienna and Berlin, and invest in product development. It intends to hire up to 20 employees in Berlin this year.