Participated · Series B · Feb 2026

Andercore builds an artificial-intelligence powered marketplace that streamlines cross-border procurement for infrastructure, energy, and building-materials companies. Its proprietary platform automates pricing, quoting, quality assurance, distribution logistics, and embedded finance, giving industrial buyers faster execution and more transparent pricing while enabling suppliers to reach new markets. The company currently serves customers across Europe from offices in Germany, India, and China. Led by founder and CEO Philipp Andernach, Andercore is investing heavily in its AI stack with the goal of letting suppliers eventually sell directly through the system. The new capital will also fund geographic expansion and deeper category coverage. Since launch, the firm has attracted $75 million in total funding from leading European investors.

Led · Equity · Mar 2025

Vytal Global operates a digital reusable-packaging network and licenses its technology platform while running wholly owned subsidiaries across Europe and beyond. The company offers smart, data-enabled reusable packaging solutions aimed at hospitality, events, and consumer brands to reduce single-use waste. It has grown rapidly since its 2020 founding, reporting that revenue more than doubled over the past year and that its network now includes over 7,000 partners across 24 countries. Vytal recently launched a dedicated business serving global consumer brands and the event and entertainment industry, securing clients such as Pepsi, UEFA Euro 2024 Fanzones, Hyrox, and Live Nation’s Insomniac Festival Group. The new funding is earmarked to enhance its technology-driven solutions, unlock brand partnerships and consumer engagement, and make reusable packaging more seamless and cost-efficient. A significant portion of the proceeds will support expansion into the U.S. while reinforcing its position in Europe. Vytal provides software-enabled reusable packaging solutions that leverage software and data analytics to reduce single-use packaging. The company partners with more than 7,000 partners across 17 countries to deploy its reusable systems. It has launched VyEES (VYTAL Events & Entertainment Solutions GmbH), a wholly owned subsidiary to extend reusable packaging into the events and entertainment sector. VyEES counts customers such as the Berlinale, the OMR Festival and the Cruilla Music Festival in Barcelona. Vytal intends to use the newly raised funds to expand its business reach and further develop its software and data-driven offerings. The company emphasizes sustainability and operational efficiency in its products and services.

Led · Series A · Mar 2024

Ember launched in Scotland in 2020 as the UK’s first all-electric intercity bus operator and has expanded beyond its initial Edinburgh–Dundee route to serve Glasgow, Stirling and Kinross. The company is scaling its fleet: the purchase of 14 additional coaches will take total vehicles to 38, up from the two coaches it started with. Ember has upgraded its coaches to increase passenger spaces from 38 to 53, tripled luggage capacity, added 5G WiFi and deployed an onboard operating system, EmberOS, with real-time route information and temperature controls. To support operations and growth it is rolling out multiple new charging hubs around Scotland. Ember’s recent financing activity includes loans and government-backed support and an equity round earlier in the year, which it is using to buy coaches and expand routes. The business is positioning to provide more passenger trips weekly and to scale its network further as it deploys the new vehicles and charging infrastructure. Ember develops and operates an all-electric intercity coach network, pairing custom Yutong vehicles with proprietary fleet software (EmberOS) and charging infrastructure. The fleet currently comprises 24 buses in operation and 14 new next‑gen vehicles recently received (38 total), featuring 563 kWh batteries with ~510 km range and 600 kW charging. Ember runs a main 1,200 kW charging hub in Dundee backed by on-site wind turbines and plans to add about 4 MW of charging capacity across more Scottish sites this year. Its EmberOS automates driver/vehicle allocation, maintenance handling and passenger communications, and the company reports service levels carrying tens of thousands of passengers a week. Ember emphasizes a full-stack approach—hardware, charging, operations and software—to scale intercity electric service and plans to complete a Scottish network and begin expansion into England next year. The company has raised external capital to fund that growth, including seed and Series A rounds.

Led · Series A · Dec 2023

Founded in 2016 and headquartered in Vienna, HYDROGRID develops a SaaS platform that combines machine-learning-based inflow and power-price forecasting with intelligent optimization across short-, medium- and long-term horizons. The software enables hydropower plant operators to manage inflows, regulatory constraints, water usage and power trading in real time, effectively digitizing the entire workflow from water to money. Its solution is already used by hydro operators in seven countries. By improving operational efficiency, the company aims to maximize renewable electricity output while supporting a zero-carbon energy transition. Revenue, user counts, or other financial metrics were not disclosed in the article, but the business is characterized as a scale-up serving a global client base. The newly raised capital will be directed toward accelerating growth and expanding into additional markets.

Participated · Equity · Nov 2023

Eliq builds an energy intelligence platform focused on home energy efficiency that helps utilities, banks, smart‑home providers and others interpret energy data, guide efficient usage, and enable upgrades and green financing. The platform is designed to expedite the transition to sustainable home energy use and to make sense of large volumes of energy data. Clients using Eliq’s platform have achieved reported savings of up to 9%; the article also notes households account for roughly 27% of final energy consumption. The company plans to expand its home energy efficiency platform across Europe, accelerate product development, and scale sales and marketing. Eliq was founded in 2016 by Håkan Ludvigson, Joakim Botha Sandnes, Joakim Fischer, Olof Hartelius, and Joakim Ottander. The CEO and co‑founder Håkan Ludvigson has stated a goal to empower 1 billion people to participate in the home energy transition. Eliq provides a software platform that helps utility companies find and retain customers by upgrading communication with end users. Its product enables people to monitor electricity usage and demand patterns by ingesting data from smart meters, connected devices and weather analytics to deliver instant energy insights and promote efficiency. The company raised a €5 million Series A from Inven Capital, Contrarian Ventures and prior backers. The investment brings Eliq’s total funding since launch to €9 million. Eliq plans to use the fresh cash to bring more solutions to market more rapidly and to broaden its geographical reach across Europe. To support expansion it will grow teams in its HQ in Gothenburg and in London. Eliq provides a SaaS-based mobile app for monitoring and optimising electricity use to help customers understand and optimise their energy usage patterns. The platform uses mobile apps, artificial intelligence and seamless integration with energy tech such as solar panels, energy storage, electric vehicles and home automation. The company recently launched its services in France and struck a reseller deal with Canadian IT firm CGI. Eliq plans to use the new capital to expand into the UK by opening offices and to invest further in product development. The Gothenburg-based startup raised €3 million from a syndicate of Swedish angel investors, with the funding structured roughly 90% equity and 10% debt. Following this angel investment, CEO Håkan Ludvigson said the company hopes to raise a Series A round at some point in 2018.