Participated · Equity · Sep 2023

Stegra is an ailing Swedish startup focused on building the world’s biggest green-steel plant. The company has been seeking substantial new capital to complete construction of the facility and to remain in business. Reportedly, Stegra sought 15 billion SEK in fresh funding to stabilize operations and finish the project. A Wallenberg-led investor group committed 7–8 billion SEK as part of that financing, becoming the company’s largest shareholder. The funding was presented as a rescue package to ensure the plant’s completion. The article did not provide operational metrics such as revenue, users, or prior financing details.

Participated · Series B · Jan 2023

Founded in 2019 in Vienna by Delivery Hero co-founder Markus Fuhrmann and former Zalando CIO Philipp Erler, Gropyus applies advanced robotics and end-to-end digital planning to industrialise multistory housing construction. Its Richen factory employs 50 KUKA robots and achieves 86% automation, producing timber-hybrid walls and ceilings in about 16 minutes for modular on-site assembly. The approach shortens construction timelines by 30-50 %, lowers costs and carbon emissions, and allows high customisation of apartment layouts. Gropyus aims to scale output to 3,500 apartments, or roughly 250,000 m² of living space, per year by moving from one to three production shifts. The company is currently piloting a 68-unit klimaaktiv GOLD project in Salzburg with Rhomberg Bau and plans to run multiple projects in parallel across the EU. Financially, equity raised now exceeds €400 million, supplemented by €40 million in European Investment Bank (EIB) venture debt, with profitability targeted for 2027-28.

Participated · Series A · Jan 2022

Agrolend operates a lending platform that provides credit at the point of sale for agricultural inputs (seeds, crop protection, crop nutrition) using CPR-F contracts signed via farmers’ WhatsApp. The company leverages a distribution network of more than 150 partners—retailers, industries, and cooperatives—and operates in over 15 Brazilian states across crops including soybeans, corn, coffee, sugarcane, fruits, vegetables and livestock. Agrolend finances loans through issuance of time deposits targeted to agribusiness (LCAs) distributed on major investment platforms. The company has nearly $100M in total funding and reports a capital base of approximately $100M following the latest round. Management says the capital increase will let Agrolend expand credit offerings to industries, retailers and cooperatives without raising its leverage ratio, continuing a history of low‑risk growth. Its stated goal is to grow the credit portfolio to $600M and serve about 10,000 small and medium‑sized farmers. Agrolend is a São Paulo-based financial institution that provides credit to small and medium-sized farmers in Brazil through a digital platform. Led by CEO Andre Glezer, the company originates and formalizes loans in a digital environment via smartphone, partnering with input and equipment distributors, industries and agtechs to finance technology. It operates in more than ten Brazilian states across crops and sectors including soybeans, corn, coffee, sugar cane, fruits, livestock and dairy cattle. Agrolend is targeting expansion to serve up to 10,000 small-to-medium sized farmers and increase its loan book to R$2 billion for the 2023/24 crop season. The company expected its loan book to reach R$250 million by the end of 2022 and will increase equity to R$220 million after the Series B. The business combines digital origination with partnerships and capital markets solutions to scale agricultural credit across Brazil. Agrolend offers a 100% digital credit product for small and medium agricultural producers, with a fast, low-friction underwriting process that completes in under five days and typically does not require physical collateral. The company uses advanced technology to enable an innovative credit model focused on financing diverse agricultural productions and investments in equipment and new technologies. Agrolend emphasizes ESG and social impact by targeting underserved producers across more than 10 Brazilian states and roughly 100 municipalities. Founded in December 2020, the startup says it is currently doubling in size every month. The recent capital will support growth of the credit portfolio, expansion of the team, and improvements to the platform and credit model. Management aims to scale the loan book to R$1 billion and reach 5,000 customers within two years. Agrolend offers an online loan origination platform for small and medium-scale farmers, using advanced technology and innovative credit analysis to underwrite loans without physical collateral. The company partners with traditional agricultural inputs players and supply-chain participants to originate loans and reach growers. Loans range from 50,000 to 300,000 Brazilian reals, run for up to one year, and are repaid after harvest; some loans can be issued as soon as 24 hours after request. Agrolend says it offers lower interest rates than traditional banks and operates the entire process digitally. Founded in December 2020 and based in São Paulo, the startup raised seed capital to scale lending and build its team. It plans to structure a fund that will receive and hold originated loans, with Agrolend selling loans to that debt investment vehicle to enable much larger lending capacity.

Participated · Series A · Sep 2020

SeeQC is building what it claims to be the first fully digital quantum computing platform, pairing classical and quantum circuitry on the same chip to improve speed, stability, and cost-effectiveness. Its architecture uses digital readout and control technologies implemented in a chip-scale, multi-layer superconducting design. Originating as a spin-out of superconductor electronics pioneer Hypres, the company also operates one of the earliest commercial multilayer superconductor foundries, giving it in-house design, fabrication, and test capabilities. By combining these assets, SeeQC aims to overcome the energy and scale limitations that hamper today’s analog quantum systems and to make quantum computing practically useful for global businesses. The firm plans to market turnkey quantum computing solutions and offer quantum-ready superconducting chips to partners. Although the company has not publicly disclosed revenue or user metrics, it recently secured a substantial $1.0 billion capital infusion, providing significant runway. The fresh funding will be directed toward accelerating R&D, expanding manufacturing capacity, and growing its team of quantum and superconductor experts.

Participated · Series A · Feb 2019

Peltarion provides an all-in-one, cloud-hosted platform designed to help businesses move AI projects from concept to production quickly and with minimal technical overhead. Its graphical user interface covers data preprocessing, model building, and deployment, sparing users from managing low-level hardware or software and reducing dependence on any single cloud provider. The company claims its workflow is orders of magnitude faster than industry-standard tools like TensorFlow and requires far fewer specialized personnel. Founded by former executives from Spotify, Skype, King, TrueCaller, and Google, Peltarion targets organizations struggling with patchwork AI technologies and skills shortages. Customers appreciate the platform’s avoidance of cloud lock-in and its focus on delivering commercially viable AI with less expertise. Following its latest financing, Peltarion’s total funding stands at $35 million. The new capital will be used to grow the development team, strengthen community and partner relations, and accelerate expansion in the U.S. and other markets.