Freya Capital
ul. Czerska 8/10, Warsaw, 00-732, Poland
Overview
Freya Capital is a venture capital fund supporting and financing innovative businesses making an impact on tomorrow’s world. We invest up to EUR 1 million in early stage companies, with high growth potential and international scaling ambitions. We have had the opportunity to conduct or participate as managers, investors or advisors in more than 100 transactions (from seed funding, through later rounds of financing, to exits), with a total value exceeding USD 1 billion.
- Total investments
- 2
- Lead investments
- 1
- Investments · 12mo
- 0
- Active investors
- 2
Sector focus
- Finance
Investment portfolio
- ZeroQs
Led · Equity · Jan 2024
ZeroQs develops smart shopping carts equipped with a weighing system, barcode reader and touchscreen that let customers scan items and leave the store while charges are automatically applied. Its advanced weighing and visual systems verify products to reduce theft, fraud and customer mistakes, and onboard screens display personalised product recommendations. ZeroQs carts are already operating in stores of chains such as Społem and Detal Centrum. The company moved from research and development into commercialization after cooperating with partners including EY and Microsoft, according to CEO Jarosław Kaczmarczyk. ZeroQs raised €457,000 in a follow-on financing that brings total funding to €757,000. The funds will be used to continue product development, strengthen its position in the domestic Polish market and pursue international expansion.
- CTHINGS.CO
Participated · Equity · Oct 2023
Founded in 2020, CTHINGS.CO builds the Orchestra platform to help enterprises remotely manage, monitor, automate, and secure distributed IoT and edge infrastructure. Its offering targets customers and integrators in logistics, energy, Industry 4.0, smart critical infrastructure, and telecom operators, with partners including ASUS IoT, Deutsche Telekom, and Wirepas. The company operates a hybrid hardware-plus-SaaS business model and reported a 17x year-over-year revenue increase. Team size is reported at 11–50 employees, and it has secured early flagship customers in North America. CTHINGS.CO has participated in industry events and pilots such as the Data Center World Innovation Challenge and a Wirepas NR+ interoperability deployment at Mobile World Congress. The company plans to use recent funding to expand sales and partnerships in North America and further develop its Orchestra platform.