Led · Seed · Jun 2022

aware offers regular blood tests with lab draws and delivers personalised health reports to users via its app, typically within 24 hours. The company is launching a private beta in Berlin where customers can book blood draws, receive results, and opt to retest every 3 to 6 months. Its core product combines frequent biomarker data with a data-driven app to give individuals actionable insights and encourage preventive care. Longer-term, aware aims to build Europe’s largest health database for personalised medicine to contribute to medical research and inform new treatments. The team includes former EyeEm founders Florian Meissner and Ramzi Rizk alongside Ferdinand Schmidt-Thomé, who oversees lab relationships and partnerships. Financially, aware has secured a $15 million seed round to support product rollout and the company’s ambitions in digitising regular medical checkups.

Led · Series A · Feb 2022

Reebelo operates a marketplace for refurbished and pre-owned consumer electronics—including phones, laptops, tablets, smartwatches and gaming devices—positioned on price and sustainability. The company provides one-year warranties, certified sellers and 30-day free returns, and has expanded category coverage beyond phones into gaming and related items. It has built embedded financial services such as a buyback program and device upgrade options, and a warranty product (ReebeloCare) that has seen 330% year-over-year growth. Reebelo reports over 200,000 customers, a 12x growth in gross merchandise value over the past two years, and global sales that tripled in the last year; the U.S. now represents 25% of sales with more than 21,000 customers. Future plans include growing the U.S. team and opening a second U.S. office, further investment in existing markets, expansion into Canada later this year, and testing new categories such as gaming and mobility. Reebelo operates a curated marketplace that standardizes device condition with a grading system and vets partner vendors to sell certified pre-owned and refurbished smartphones (with plans to expand to tablets, laptops and drones). The platform enforces quality checkpoints, offers free 14-day returns and a one-year warranty, and treats vendors as customers to build a regional circular-economy supply chain. Reebelo says revenue grew 600% year-over-year in less than two years, serves about 10,000 monthly customers, and is nearing $100 million in annualized gross merchandise value. The company is active across Asia and Australia with offices in Singapore, Australia, New Zealand, Hong Kong, Malaysia and Taiwan. Future plans include hiring ~50 employees across existing markets, expanding into new markets in 2022 (including South Korea), and launching financial services such as device subscription, extended warranties, damage coverage and stolen-phone protection. Reebelo is a Singapore-based marketplace that screens, refurbishes and sells used electronics including phones, laptops, tablets and gaming devices. Each device is refurbished, carries a warranty, and the company says prices can be up to 70% less than new equivalents. The company also buys used devices for cash through an online trade-in program and holds a secondhand goods dealer’s license from the Singapore Police Force. Reebelo was founded last year by CEO Philip Franta and participated in StartupX’s HyperSpark sustainability pre-accelerator run with Temasek. It currently operates in Singapore and plans to expand across the Asia-Pacific region over the next two to three years. Reebelo raised a $1.25 million seed and will use the funds for hiring, with a focus on marketing and operations/customer service as it scales.

Participated · Seed · Oct 2021

Urbyo builds a residential real-estate marketplace aimed at bringing Millennial and Gen Z investors into property ownership and investment. The platform addresses outdated transaction flows by listing only bank-approved properties and offering a mortgage service that pre-qualifies customers and shows individualized price tags. It targets younger demographics in Germany, where homeownership is around 50% overall and about 30% in larger cities. Co-founders Sebastian Tussing, Oliver Wulf, Markus Fasselt, and Philipp Schormann launched the company after experiencing the traditional buying process themselves. Urbyo has housed a total of $6 million to date and will use the $5 million seed to further build out the marketplace, mortgage, and individual launch cities teams. The company positions its approach as a novel European response to modernize property marketplaces for next-generation buyers and investors.

Participated · Equity · Sep 2021

Statespace's core product is Aim Lab, a free-to-play virtual shooting range platform that lets first-person shooter players warm up and practice skills before competitive matches. The platform includes training and coaching tools and match postmortem features that allow players to review footage and identify improvement areas. CEO Wayne Mackey said Statespace plans to bring Aim Lab to mobile platforms imminently, possibly as soon as next month. Riot Games has taken a minority stake in Statespace as a strategic investment to accelerate that mobile transition; Riot did not disclose the terms of the investment. Riot intends to integrate Aim Lab with titles such as Valorant and League of Legends: Wild Rift to support weapon-specific warmups and postgame analysis for esports players. The article did not report revenue, user metrics, prior funding rounds, or a valuation for the company. Statespace’s core product is Aim Lab, a performance-training platform for shooters that teaches aiming and controller skills; Aim Lab now has about 5 million monthly active users and 20 million total players. The company also develops Playerbase, a matchmaking and coaching product, and is pursuing digital health products that use gameplay tests for diagnostics and rehabilitation. Statespace has partnerships with Riot Games, Ubisoft, HyperX and is conducting clinical studies with Mount Sinai, the University of Indiana, the University of Delaware, and Kernel. The company plans console expansions in the fourth quarter and a mobile launch on iOS and Android in 2022, plus broader training for other game genres. Statespace has nearly 100 employees and will use the new funding to expand its coaching programs, analytics, platform support, publisher offerings and digital-health initiatives; to date it has raised over $98 million. Statespace operates Aim Lab, a training platform that replicates popular game physics to give users a practice environment and measure visual acuity and other skills. Aim Lab launched out of stealth in 2017, runs on Steam, and was developed by neuroscientists. The company plans to launch The Academy, a paid course product taught by top streamers and players including KingGeorge, SypherPK, Valkia, Drift0r, and Launders. Its technology is being applied beyond consumer training, including a “Cognitive Combine” with the Pro Football Hall of Fame and grant applications with universities for stroke and cerebral palsy rehabilitation. Statespace has rapidly grown from 2 million registered users and 500,000 monthly active users in May to 5 million registered users and 1.5 million monthly active users today, and the team has grown to more than 40 people. Aim Lab is free to use, the company has not settled on a primary revenue channel, and it is experimenting with streamer/team skins for sale while prioritizing growth. Statespace launched out of stealth in 2017 with Aim Lab, a product that recreates the physics of popular FPS games to help players practice aim while measuring broader cognitive and perceptual metrics. The company was founded by neuroscientists from New York University and its technology analyzes factors beyond kill:death, such as visual acuity across screen quadrants and reaction time. Aim Lab is used by casual players and professionals; Statespace also builds custom dashboards and products for esports teams like 100 Thieves and Philadelphia Fusion. The firm is building an Academy (launching in Q3) with top streamers for advanced tutorials and has partnered with the Pro Football Hall of Fame to create a game‑agnostic “Cognitive Combine.” Statespace is expanding availability with a mobile Aim Lab, Xbox support, planned PlayStation support, and intends to add support for 400 games next month. The company has explored non‑gaming applications, applying for a grant with universities to pursue a commercial stroke‑rehabilitation application. Operating metrics reported by the CEO show about 2 million registered users and roughly 500,000 monthly active users (up 400% since January). Statespace operates Klutch and its flagship product Aim Lab, a practice platform that mimics game physics to help players improve and identify specific weaknesses in visual acuity, aiming and spatial skills. Aim Lab analyzes players’ performance to highlight weaknesses and provide targeted training. The product is on track to soon reach 1 million users. The company is partnering with esports and educational partners — including the National Championship Series as an official FPS training partner and the Pro Football Hall of Fame on a "Cognitive Combine" — and is building an Academy with top streamers for advanced tutorials. Statespace is also researching medical applications of its technology, including an Aim Lab product for stroke rehabilitation. The company has raised $2.5M in a seed round and has $4M in total funding.

Led · Seed · Jul 2021

Vanilla Steel operates a digital marketplace that helps match excess steel with buyers via weekly auctions and aims to shorten negotiation periods. Launched just last year, the platform targets a roughly $330 billion EMENA market that has been slow to digitise. The company is already active in 50 countries, counts over 100 suppliers, and has had more than 90,000 tonnes of steel listed since launch. The founding team — Alexis Ducros, Clifford Ondara, Matthias Affeldt, and Simon Zühlke — met during an Entrepreneur in Residence programme with thyssenkrupp Steel, though Vanilla Steel has no capital ties to thyssenkrupp. The startup says it aims to bring simplicity and smart data to the steel industry and to facilitate the sector's digital transformation.