Participated · Series A · Nov 2022

Faradai provides enterprise software to measure, analyse and report energy and carbon emissions and supports clients in reducing emissions and cutting costs. The company reports data from more than 18,000 sites in 16 countries and lists customers including Shell, IKEA, PepsiCo, Vodafone, M&S, MediaMarkt, BBVA, BNP Paribas and others. Faradai employs 80 team members across five country offices in London, Singapore, Istanbul, Dubai and Madrid. The company plans to use the new funding to expand its carbon and energy analytics solutions globally and to further develop its Net Zero software offering with AI- and IoT-powered tools. The product is positioned for enterprise customers seeking to measure, analyse and act on energy and carbon data. Founders are Sahin Caglayan, Burak Sefer and Utku Simitli. The company is based in London, UK.

Participated · Series A · Sep 2022

Modulous is a London-based startup, founded in 2018, that provides a software platform to help housing developers, architects and construction firms configure and design modular homes without building permanent factories. Its end-to-end platform generates optimized designs and 3D massing from a proprietary “kit of parts,” automates costings and programming, and produces 3D visualizations and detailed upfront ROI for planners. The kit of parts standardizes components procured from the construction supply chain and enables delivery of sub-assemblies to temporary assembly spaces near sites, reducing the need for costly permanent factories and allowing local labour hiring. The platform also offers software-based logistics orchestration to ensure parts arrive in the right order and helps establish technical feasibility of developments in hours rather than weeks. Modulous raised a £10 million ($11.7 million) Series A, which the company presents as a step toward addressing the global housing shortage and the capital barriers to scaling modular delivery. Investors in the round include Sustainable Future Ventures, Cemex, Regal London, Blackhorn Ventures, GroundBreak Ventures, Goldacre and Leela Capital. Modulous offers a digital platform combined with a kit-of-parts modular construction system designed to deliver homes quickly, at lower cost, and with high quality. Its platform uses AI, 5D BIM modelling and generative design to drive design and supply-chain integration. By digitalising material supply-chain management and enabling local, decentralized assembly, Modulous aims to cut typical construction delays and overcosts and to scale globally without heavy asset requirements. The company is preparing delivery of a £6.5 million residential project in London that it expects to finish 12 months ahead of schedule. Modulous is focused initially on southern England and expects £25 million of sales in its pilot year. The startup has won CEMEX Ventures’ Construction Startup Competition 2020 and was listed among the Top 50 ConTech Startups in 2019. The team emphasizes sustainable place-making and rapid delivery to address housing shortages.

Participated · Series A · Jun 2020

ECOncrete develops bio-enhancing concrete compositions, surface textures, and science-based designs for marine construction and artificial structures that promote sea-life growth. Its technology has been used in breakwaters, seawalls and piers and aims to reduce the ecological footprint of concrete infrastructure while enhancing strength and durability. The company positions its approach as a nature-based solution and ecological engineering method to support stronger coastlines and more diverse marine ecosystems. Founded in Tel Aviv in 2012, ECOncrete is in Goldacre’s RElab 2020 proptech accelerator cohort. Co-founders Shimrit Perkol-Finkel (CEO) — a Marie Curie fellow and EU Women Innovators Award winner — and Ido Sella (CTO) lead the company. With a $5 million Series A, ECOncrete plans to scale operations and expand into new regions and sectors such as offshore energy, urban waterways and green construction.

Participated · Equity · Jun 2020

Zeleros Global SL is a Valencian startup developing an electric propulsion system to autonomously transport port containers with zero direct emissions. The technology builds on knowledge generated during Zeleros’ hyperloop development and aims to mobilize large volumes of cargo while alleviating traffic around port areas. The company’s project is aligned with the EU Sustainable Development Goals and has received support from the Eureka‑Eurostars programme co‑financed by the CDTI. Financially, Zeleros received a subordinated loan of €400,000 from the Instituto Valenciano de Finanzas (IVF) to develop the propulsion system. The loan carries a 10‑year term with a three‑year grace period and is part of an IVF line for disruptive subordinated loans co‑financed with ERDF funds. The funding is intended to advance the project toward lower‑carbon, more sustainable port mobility and operations. Zeleros develops an integrated, scalable hyperloop system that aims to enable routes at speeds up to 1,000 km/h while reducing infrastructure cost and operating at safer pressure levels. Its core technology centers on vehicle-integrated solutions intended to lower per-kilometer infrastructure expense and support scalable deployment. The company is also applying its technologies to automate and decarbonize operations in ports and airports. Zeleros is partnering with industrial and research organizations across Europe and beyond, and has teamed with Airbus to test its electric propulsion system. The firm is constructing a pilot linear motor for logistics applications and will exhibit its Z01 vehicle model at the Spain Pavilion in Expo Dubai 2020 (Oct 2021–Mar 2022). Zeleros coordinates more than 180 professionals and some 50 partner organizations in its development program. Zeleros Hyperloop is advancing a hyperloop vehicle designed to efficiently cover routes between 400 and 1,500 kilometers. The company is developing core vehicle technologies and will use new funding to further that work. Led by CEO David Pistoni, Zeleros plans to deploy the European Hyperloop Development Centre in Spain, including a 3-km test track to demonstrate high-speed performance. The centre aims to create an ecosystem of international industrial, technological and institutional partners to accelerate the hyperloop industry in Europe. The firm is based in Valencia, Spain. It completed a financing round announced in January 2020 to support these development and demonstration activities. Zeleros develops a scalable hyperloop system that combines magnetic levitation and propulsion in autonomous vehicles running through low-pressure tubes. The company aims to reduce infrastructure costs to levels comparable with Spanish high-speed rail while enabling speeds of approximately 1,000 km/h. Founded in 2016 from a project at the Universitat Politècnica de Valencia, Zeleros is described as the first Spanish hyperloop company and operates out of Angels Capital's facilities in the Marina de Empresas in Valencia. Its approach focuses on minimizing infrastructure costs by integrating the principal technologies into the vehicle, targeting energy-efficient transport for passengers and freight. Financially, Angels Capital is set to increase a previously very minor venture-capital stake: part of the amount has already been contributed, another portion is committed, and some funding will be covered by public sources while multinational companies are expected to participate. Angels Capital noted the investment is an exception relative to its usual focus on already-operating, profitable businesses. Founded in 2016, Zeleros is the first Spanish hyperloop company developing a scalable system that integrates core technologies into an autonomous vehicle to minimize infrastructure costs. Its design targets speeds of up to 1,000 km/h with reduced energy consumption, using magnetic levitation inside low‑pressure tubes. The company originated at the Universitat Politècnica de València and was founded by David Pistoni, Daniel Orient, and Juan Vicen. Zeleros’s Hyperloop UPV prototype won Best Concept Design and Best Propulsion Subsystem at SpaceX’s 2015 competition. The improved vehicle, Valentia, was slated to compete in California that summer. As of the article, six companies worldwide were developing hyperloop systems, with Zeleros representing Spain; the company has received investment from Angels Capital and support from Lanzadera and Plug & Play España.

Led · Equity · Dec 2019

WiTraC develops industrial IoT hardware and software, including advanced sensor devices and the WiTraC Core AI data platform, to identify, locate, measure and control assets wirelessly in real time. The company’s proprietary algorithms capture data and run analytics to turn operational data into actionable insights for supply chain management. Founded in 2012 by Javier Ferrer and Jose Pons, WiTraC serves over 50 customers across 15 countries, including Ford Motor Company, Volkswagen Group, Mercadona and Carrefour. The startup plans to use new funding to further develop its IIoT hardware and software, with a focus on analytics and advanced data processing. Management aims to consolidate WiTraC as a benchmark IIoT supplier in the UK, Germany and Spain and to prepare for expansion into the US market in 2020.