The Venture Codex

Participated · Series A · Jul 2026

Founded in 2004 by Alexander Lefterov, Tiger Technology offers an on-premises-first hybrid cloud data infrastructure and control layer that runs on top of existing storage environments. Its flagship product, Tiger Bridge, provides continuous, transparent data access to place, protect, and activate data across on-premises, cloud, and edge deployments. The company manages over 100 petabytes of data for large transportation, media, construction and government customers operating in mission-critical environments. Tiger Technology reports customer outcomes including a 10x increase in file-restore speed during a multi-petabyte cloud migration, up to 90% reductions in on-premises storage, and unlocking ten years of historical data for AI analysis. The company points to market dynamics—such as a projected $29.3 billion global hybrid storage market by 2030 and high shares of on-premises and unstructured data—to justify demand for its solutions. Leadership emphasizes the firm’s focus on always-on, AI-ready data access while preserving customers’ existing infrastructure investments.

Participated · Seed · Jun 2026

Paypercut provides a full payments stack for online merchants across Central and Eastern Europe via a single integration, combining card payments, local payment methods, and multiple Buy Now Pay Later providers. Since its EUR 2M pre-seed in July 2025 the company has expanded to serve over 200 merchants across eight CEE markets and evolved from a BNPL aggregator into a full payments platform. Key product features include multi-currency settlement, onboarding fully online in days, payment links and QR payments, and an Express Checkout launching to enable one-tap Apple Pay and Google Pay flows. Paypercut operates through licensed and regulated partners across the EEA and has submitted its own EMI application with the Central Bank of Ireland, expecting authorisation in Q4 2026. The company is also developing stablecoin-based rails for high-volume non-euro corridors (starting with EUR-to-PLN and EUR-to-RON) and has a roadmap extending into treasury, FX, payouts, and embedded financial services.

Participated · Series A · May 2024

Native Teams is a work payments platform that centralises global remuneration for freelancers, remote workers, and business owners. Founded in 2020 and based in London, it positions itself between traditional EOR providers and generalist payment platforms with an employee-first approach. The platform has grown to tens of thousands of users across more than 65 countries and employs over 200 people. Native Teams focuses on simplifying compliance, employment options and work payments via a centralised financial services platform. The company plans continued product enhancements and geographic expansion, with strategic focus on the US, India and the wider Asian region. The business describes itself as capital-efficient and recently closed a new pre-Series A investment totaling €6.275 million to support these plans. Native Teams offers an Employment-as-a-Service platform combining a multi-currency wallet, Visa cards, employer-of-record services, tax management and access to benefits, visas and work permits to enable remote workers to be employed locally. The startup serves users in more than 30 (reported as 35) countries and has employees in around 19 countries, with a regional representative office in Skopje and a team of about 70 people. Founded in July 2021 by Jack Thorogood (CEO) and Aleksandra Mitrevska (COO), the company says it achieved 10x revenue growth in the first half of 2022 versus the end of 2021. Native Teams has expanded beyond Europe, launching in Nigeria and planning a first South America location, and intends to continue localizing its payment and compliance services ahead of a full global rollout in 2023. The product emphasizes employee benefits and flexible remuneration (cash, card spending, and benefits) alongside core payment and compliance functionality.

Participated · Seed · Nov 2023

Icanpreneur builds an Accelerator-as-a-Software platform providing a guided journey, know-how and best practices to help founders and product managers reach product/market fit. The initial product focuses on collaborative market validation to evolve ideas into solutions that address significant market needs. The company has developed an early version of the platform and is expanding an Early Adopters Program to add 300 super-early customers who will contribute to product improvement and receive a 50% lifetime discount. Icanpreneur plans to use newly raised capital to accelerate product development and go-to-market over the next 12–24 months and to pursue opportunities around AI in Central and Eastern Europe, the EU, and the US. Financially, the Bulgarian startup closed a €830,000 pre-seed round at a more than €5 million post-money valuation following an earlier €200,000 angel round that valued it at €2.5 million post-money. The company positions its investor mix of VCs and experienced business angels as a strength for regional expansion and product-market traction.

Participated · Equity · Jan 2023

Hydrogenera, the brand of Green Innovation Ltd founded in 2016, develops modular products and systems that enable green hydrogen production via electrolysis. Its core product is alkaline electrolyzers that operate as mini refineries, converting one liter of water into two cubic meters of a two-to-one hydrogen‑oxygen mixture while optimizing, automating, and minimizing losses. The company focuses on B2B customers and primarily targets the Bulgarian market, serving larger polluters in sectors such as food and construction. Hydrogenera has implemented 82 projects across Bulgaria, Poland, and Turkey and integrated 56 hydrogen systems; some electrolyzers have been operating for more than four years. The team comprises twenty professionals, mostly engineers, and the company reported a 71% average annual growth in turnover over the last two years. Hydrogenera also participates in international initiatives, including membership in the European Clean Hydrogen Alliance and involvement in the Hydrogen Global initiative of the World Energy Council.