Participated · Series A · Mar 2026

Founded in 2023 and based in Munich, Tytan Technologies develops AI-guided interceptor drones to counter unmanned aerial systems and is expanding its portfolio into wider air-defense solutions. The company's products are already used in real operational scenarios and it holds existing military orders. With the newly raised Series A capital, Tytan intends to scale manufacturing, develop additional air-defense products, and grow its team. Management and advisory additions with industry experience have accompanied the company's scaling plans. Tytan aims to significantly boost production capacity by the end of 2026. The company is described as one of the fast-growing European "New Defense" companies with a clear scaling strategy.

Led · Seed · Jun 2025

NaroIQ is building a cloud-native, modular digital fund infrastructure to let smaller fund providers and management companies create and operate ETFs and funds more cost-efficiently. The platform emphasizes faster time-to-market, flexible product development and reduced operational costs to democratize access to the European ETF market. NaroIQ positions itself as a European alternative to the US-dominated ETF ecosystem and aims to address concentration by enabling smaller issuers and administrators. The company was founded in 2022 by Chris Püllen and Nils Krauthausen; Chris Püllen serves as CEO. NaroIQ plans to invest its latest funding into technical development and regulatory licensing and intends to launch its first partner integrations this year. The startup argues its solution tackles outdated, manual processes that hurt margins across the European UCITS and AIF market. Naro helps companies create their own ETFs, index funds, and money market funds without taking on operational or regulatory burdens. The platform redistributes fund earnings among involved parties to give distributing companies a larger share of the ETF and fund market. Use cases the company highlights include internal deposit and treasury management, diversifying offerings with proprietary ETFs, and increasing income share in existing fund concepts. Founders Chris Püllen and Nils Krauthausen position Naro as a response to rapid ETF growth in Europe and to perceived shortcomings of traditional fund solutions. Naro announced a $3 million Pre-Seed raise and will use the capital to strengthen its fund infrastructure through strategic partnerships, regulatory licensing, and technology refinement. The ultimate objective is to establish a European fund ecosystem enabling companies to create tailor-made, technology-driven funds without operational or regulatory overhead.

Led · Seed · Jul 2024

SKROL uses proprietary AI technologies to source, evaluate and operate small and mid-sized businesses, combining startup talent, technology and capital with traditional SMB models. Its toolset—SKROL Mining, SKROL Flow, SKROL Score and SKROL AI—scans listings, builds deal flow, aggregates KPIs and refines documents while maintaining confidentiality. The company also builds and integrates specialized fintech services to serve underbanked SMBs and facilitate post-acquisition operations. Founder Michael Cassau says SKROL will match SMB supply with professionals seeking to become CEOs and provide capital and talent to drive growth. Cassau brought talent from his prior startup Grover, including CTO Christopher Silva and CFO Mitja Sadar. SKROL emerged from stealth alongside a $1.2M pre-seed raise to kickstart its acquisition and transformation strategy.

Participated · Seed · May 2024

trawa is a Berlin-based electricity provider and AI-powered software company that optimizes energy procurement and management for mid-sized industrial and commercial businesses. The company combines all available market products, including direct power purchase agreements with solar and wind farms, with AI software that analyzes consumption profiles, identifies savings potential, and creates optimized energy portfolios. Its integrated B2B solution covers energy supply, energy management, and flexibility control. trawa serves more than 100 commercial customers across over 3,000 locations in Germany and has been active in Austria since the beginning of the year. Founded in 2022, it targets businesses with annual electricity costs of at least €100,000. The company plans to use the new funding to expand its integrated B2B offering and scale its procurement and management services. trawa offers an AI-powered platform that helps small and medium-sized enterprises buy and manage renewable electricity by combining downstream customer data with machine-learning-driven procurement. The platform optimizes mixes of power sources and staggers purchases to match consumption patterns, and its management software integrates onsite assets like rooftop solar and batteries. Trawa claims this combination can enable companies to save up to 30% of their energy costs annually. The idea was conceived by co-founder and CEO David Budde while at Bain and Company in response to post‑2022 energy market volatility and tightening regulation. The startup already serves industrial customers in the DACH region, including SETEX-Textil, Amano Hotel Group, Sunmaxx, Loxxess and Coroplast Group. Financially, trawa has raised capital to support growth, most recently closing a €10M seed round. trawa is a Berlin-based provider of an AI-powered platform that helps businesses procure renewable and affordable electricity. The platform analyzes customer consumption behavior and combines that data with appropriate electricity products to enable sustainable procurement. Founded in 2022 by David Budde, Max Lüddemann and Robert Quick, the company is currently applying for a license as an energy supplier. trawa raised €2.4M in a pre-seed round to support its growth. The company intends to use the funds to build its team and further develop its AI-based software.

Led · Equity · Feb 2024

Founded in 2021 by former Goldman Sachs trader Joakim Bruchmann and software engineer Oscar Vingtoft, Pluto.markets provides a commission-free investment platform aimed at retail investors across the Nordics. The company offers trading in fractional shares, exchange-traded funds and cryptocurrencies, and secured an EU-wide investment licence before beginning large-scale fundraising. Since opening to the public roughly 14 months ago, the platform has amassed more than 10,000 users in Denmark. Management plans to enter additional European markets and ‘disrupt the ETF’ space for both individuals and businesses with products it claims the continent has not yet seen. To drive this expansion, the startup has raised nearly $10 million to date, including the latest seed round. Pluto.markets aspires to replicate the success of Robinhood and Trade Republic while targeting Europeans who invest in local currencies. Its long-term goal is to become the preferred investment platform across Europe and reinvent asset management.