The Venture Codex Logo

The Venture Codex

FI Group

Avenue Louise 149, bte 24, Brussels, 1050, Belgium

Overview

FI Group is a management consulting firm that offers research tax credit, export aid, funds and innovation management services.

Total investments
6
Lead investments
6
Investments · 12mo
0
Active investors
2

Sector focus

  • Finance
  • Financial Services
  • Management Consulting
  • Market Research
Visit website

Investment portfolio

  • Cribdata

    Led · Equity · Oct 2024

    Cribdata offers a data-processing platform that identifies which companies hold a user’s online data and enables users to share that information anonymously and for compensation. The startup acts as an intermediary that places individuals at the center of data decisions, managing information privately, precisely, and ethically. Its model allows companies to obtain synthetic, cross-insight data derived from multiple platforms and social networks, which Cribdata says improves data quality for buyers and advances AI development using ethically acquired private data. The company operates in Spain, Peru and Chile and plans further expansion into southern Europe and Latin America, with planned launches in Brazil and Mexico and initial tests in the United States. The founding team comprises Ricardo Piiroja, Claudia Vera and Gonzalo Salazar. Cribdata expects turnover of €50,000 for 2024.

  • g2-Zero

    Led · Equity · Apr 2024

    g2-Zero develops semiconductor quantum light sources—chips that emit single photons or synchronized entangled photon pairs using electrical pulses. Its CSIC-led research produced a novel, internationally patented design that enables electrical tuning and actuation, improving scalability and compatibility with existing systems. The company aims to supply industrial actors in the quantum technologies market in the medium term and address broader global opportunities as adoption grows. g2-Zero was formalized as a spin-off in December 2020 and has leveraged both private investment and public grants to advance development and hire key talent. Its recent financing round was complemented by earlier public awards and programs that seeded the project and validated its technology. The team highlights strategic partnerships to support commercial scaling, notably with investors and sector partners that bring photonics and defense-market experience.

  • Intelia

    Led · Equity · Apr 2024

    Founded in 2015 as a consultancy for sales-channel digitalization and customer-behavior analysis, Intelia launched a Customer Data Platform (CDP) in late 2020 offered as a B2B SaaS product to improve billing and profitability for SMEs. The CDP aggregates omnichannel customer data and uses artificial intelligence to drive cross-sell and replacement-sales models tailored to clients. In recent years Intelia has specialized in the pharmaceutical sector to speed adoption and create a more scalable offering for pharmacies. The company has a team of 19 people, up from six at inception. To consolidate its pharmacy vertical it acquired part of a specialist partner’s team (Onmi), which also joined as a shareholder in the latest round. Planned uses of proceeds include consolidating the product in pharmacies, launching a second vertical in Horeca, and beginning internationalization. Intelia began in 2015 as a consultancy and pivoted to a product-led model, launching a SaaS Customer Data Platform (CDP) in late 2020. The platform uses artificial intelligence to unify omnichannel customer data, power product recommendations, loyalty actions and intelligent audiences, and automate marketing to boost client revenue. It targets SMEs in sectors such as hospitality, retail and pharmacy and counts customers including Paraclick, Wabi Home, New Skill, Le Room Service and Dentalcost. The company employs a team of eight people and is planning to add key profiles in the near term. Intelia forecasts having its platform implemented in more than 150 clients by the end of the year. Financially, the company recently closed a €550,000 funding round to support growth and upcoming plans.

  • Nanostine

    Led · Equity · Jun 2023

    Nanostine develops nanotecnological surface coatings and functional nanomaterials designed to modify surface properties for specific industrial needs. Its materials are produced via proprietary gas-phase deposition and ultra-high vacuum processes and target high-value sectors such as sensors, space, energy, health and advanced materials. The company has validated its technology with industrial partners and organizations including the European Space Agency and was a recipient at the Coral Awards. With the recent raise of more than €1 million, Nanostine plans to industrialize its platform, expand production capacity and hire strategic talent. Its near-term roadmap focuses on turning prior validations into commercial projects and reinforcing market presence. The company emphasizes close collaboration with industrial partners to de-risk scaling and achieve sustainable commercialization.

  • Union Avatars

    Led · Equity · Sep 2022

    Union Avatars provides a platform for digital identity and the creation of avatars in different styles, including hyperrealistic avatars, aimed at use in social networks, virtual worlds and gamification. The company was founded in 2020 by Cai Felip and Jordi Conejero and is participated by Inveready. Mango StartUp Studio has invested in Union Avatars via a convertible participating loan and admitted the company into its accelerator program. As part of the program, Union Avatars will receive mentorship and advice from Mango professionals on market knowledge and technology applied to its business model. Mango will also explore pilot projects to develop hyperrealistic avatars for use across stages of Mango’s value chain. The accelerator aims to help the startup scale its business model and access Mango’s operational know-how. Union Avatars builds avatar solutions that let companies and individual users have a digital representation across video games, social networks, virtual reality worlds and gamification. The startup is developing tools to manage digital identities and is integrating avatars into blockchain/Web3 to enable cross‑platform portability. It plans to launch UnionID, a digital identity project intended to provide secure identification and give users control over their privacy and data. Union Avatars says UnionID will allow users to log in to different platforms and carry digital assets between them while maintaining privacy. The company was founded in 2020 by Cai Felip and Jordi Conejero and is based in Barcelona. It recently raised funding to support product development and international expansion.

Team

  • Xavier Gomez

    Head of Digital Transformation

    LinkedIn
  • Agusti Soler

    Senior Operations Manager

    LinkedIn