Led · Seed · Jun 2026

CENSE offers a platform that collects and analyzes wallet, exchange, and transaction data to deliver consistent reporting and automated due-diligence and evidence solutions for banks and regulated institutions. The platform produces standardized, verifiable documentation to support onboarding, compliance, and risk-management processes for digital assets such as cryptocurrencies and stablecoins. CENSE was spun out of Glassnode and founded in 2023 in Baar. Its founders, Dennis Wohlfarth and Yann Allemann, previously co-founded Accointing, which was sold to Glassnode in 2022. The company recently raised €6.5 million in a Seed round to fund European expansion and to expand its sales team. CENSE plans to use the funding to win additional private and retail banking customers and strengthen its market position in Europe.

Participated · Series A · Feb 2026

Founded in 2022, Blockbrain develops a responsible AI platform that lets enterprises build digital “knowledge twins” capturing employee expertise, processes, and decision logic. These Knowledge Bots deliver institutional know-how across teams while minimising hallucinations through a security-first, ISO 27001-certified, GDPR-compliant architecture that meets EU AI Act requirements. The system’s multi-model design avoids vendor lock-in and keeps sensitive data under customer control. Commercial traction is strong: Blockbrain reported five-fold revenue growth in 2025 and counts Bosch, Roland Berger, Kärcher, and other regulated-sector leaders as clients. An independent Giesecke+Devrient benchmark awarded the solution 92/105 points, outperforming rival enterprise AI offerings. With fresh capital, the company will deepen investment in security, governance, and compliance, add specialised AI agents with fallback mechanisms, and scale EU & UK go-to-market by hiring Forward-Deployed AI Engineers. Total funding now stands at €23 million, positioning Blockbrain to address structural talent shortages and productivity gaps in knowledge-intensive industries.

Participated · Series A · Dec 2025

Saporo offers an identity security platform that lets enterprises see their hybrid identity fabric the way attackers do. Leveraging graph databases and graph theory, the software analyzes millions to billions of potential attack paths across on-prem Active Directory, Entra ID, AWS, Okta and other directories, then surfaces the smallest set of changes that delivers the biggest risk reduction. Continuous monitoring enforces segregation of duties and alignment with frameworks such as ANSSI and MITRE so environments don’t drift back into unsafe states. Large customers reportedly eliminate about 80 % of risky paths within the first year, and the startup posts customer retention above 140 %. Adoption is strong in regulated sectors like financial services, healthcare, government, manufacturing and technology. With new capital, Saporo will expand R&D, sales and marketing through 2026, strengthen one-click remediation, and add coverage for Google Workspace/Cloud and GitHub. The company also intends to deepen its footprint in France, Switzerland, Benelux, Germany and Italy while selectively entering the U.S. market.

Participated · Equity · Apr 2025

Founded in 2021 and headquartered in Paris, Tremau develops Trust & Safety solutions for online platforms. Its flagship product, Nima, is an AI-driven content moderation platform designed to streamline and scale Trust & Safety workflows. The company also provides advisory services to help platforms navigate complex regulatory environments. Tremau intends to use new funding to accelerate Nima's capabilities, expand internationally, and continue innovating in the Trust & Safety field. In April 2025 Tremau secured €3.0M in funding backed by Auriga Cyber Ventures and G+D Ventures. Investor profiles in the article note Auriga is a Paris-based VC (founded 2021) focused on early-stage cybersecurity investments, while G+D Ventures is the corporate VC arm of Giesecke+Devrient (est. 2018) with a TrustTech focus.

Participated · Series A · Sep 2024

Patchstack provides vulnerability intelligence and application vPatching that identifies, prioritizes and auto-mitigates open-source software vulnerabilities without user interaction or code changes. Its platform scans over five million websites and prevents millions of attacks; customers include GoDaddy, Digital Ocean and Plesk/cPanel. The company started with WordPress-focused solutions and plans to support other CMSs and expand across the broader open-source software ecosystem. Patchstack runs a gamified bug-bounty program and managed a Vulnerability Disclosure Program for WordPress plugins, becoming the largest CVE Naming Authority by volume in 2023 and publishing 76% of WordPress-related vulnerabilities last year. The business received a €2.7M R&D grant in 2022 and says recurring revenue has grown organically two-to-threefold annually. It also released a free EU co-funded tool to help vendors comply with the Cyber Resilience Act. WebARX offers a web security platform that provides firewall capabilities, software management, continuous security monitoring, and reporting. The company focuses on component security for modern web applications, aiming to detect vulnerabilities that can bypass generic web application firewalls. WebARX is used by over 3,000 web developers and digital agencies and currently protects more than 100,000 websites. The team is fully distributed and serves customers in 83 countries. WebARX has been active in vulnerability research—its researchers uncovered a critical flaw in the 'Simple Social Buttons' WordPress plugin that put over 40,000 sites at risk and was patched after disclosure. The company is building a new offering to improve research and security capabilities, and plans to invest in marketing and new product development with the latest funding.