Led · Equity · Nov 2025

Founded in 2017, CHAOS aggregates fragmented urban data—such as neighbourhood growth, population movements, business performance and local service needs—into a single AI-driven platform. The software compares neighbourhoods, forecasts trends and delivers AI-generated recommendations across the asset lifecycle from acquisition to divestment. Users access unified dashboards, simulation tools and a pay-as-you-need pricing model designed to encourage adoption across corporate real-estate teams. By turning complex datasets into actionable insights, CHAOS empowers stakeholders to choose where to invest, what to build and how to support thriving communities. The company positions itself as a catalyst for more profitable and human-centric real-estate decisions. With fresh capital in hand, CHAOS plans to enhance its AI capabilities and accelerate geographic expansion across the Nordics and the DACH region.

Participated · Equity · May 2023

Anocca develops libraries of T-cell receptor-engineered T cell (TCR-T) therapies using a proprietary discovery engine and programmable human cells. Its lead programme, VIDAR-1, is the first non-viral gene-edited TCR-T cell therapy in Europe and targets mutant KRAS in pancreatic ductal adenocarcinoma. The company operates an in-house cGMP manufacturing and process development facility in Södertälje, Sweden and runs a custom software ecosystem called AnoccaOS. Anocca says it has the broadest pipeline of TCR-T oncology cell therapy treatments and a team of 130+ staff from 40+ nations. The company plans to use new financing to drive VIDAR-1 through early-stage clinical development and to advance its preclinical pipeline. Phase I recruitment for VIDAR-1 is open at university hospitals across Sweden, Denmark, Germany and the Netherlands. Anocca AB develops cancer cell therapies using proprietary analytical methods to identify and produce tumour-specific T-cells and matching T-cell receptors (TCRs). The company has automated its research platform and aims to manufacture TCR-T therapies on an industrial scale. Operations and manufacturing are located at former AstraZeneca facilities in Södertälje, Sweden. Anocca plans to use the new capital to expand research, development, and manufacturing capabilities and to progress its first products into clinical trials, with a first clinical trial planned to be initiated in 2024. Founded in 2014 and led by CEO Reagan Jarvis, the company employs about 100 people. Including the current raise, Anocca has received SEK 1.3 billion in venture capital and in December 2022 secured a EUR 25M venture debt facility from the European Investment Bank. Anocca engineers next-generation T-cell immunotherapies and is building libraries of novel T-cell therapies targeting difficult-to-treat solid tumours. The company intends to move its T-cell immunotherapies into clinical trials in a solid-tumour indication and aims to enter clinical trials in 2024. Alongside its oncology programs, Anocca's proprietary technologies are being applied to the development of vaccines and treatments for autoimmune diseases. Led by CEO Reagan Jarvis and founded in 2014, the company is based in Södertälje, Sweden. Financially, Anocca has previously raised €100 million from leading Nordic investors and recently secured additional financing to advance its pipeline. The new funds are intended to support progression of its programs toward clinical development. Anocca develops TCR‑modified T‑cell (TCR‑T) therapies using a proprietary, industrialised analytical cell biology platform that replicates human T‑cell biology in the laboratory. Its platform combines proprietary cell biology and molecular genetics technologies with integrated information management and bioinformatic software tools to enable scalable, high‑precision analysis. The company has generated a broad pipeline of TCR‑T assets targeting multiple antigen classes, including shared tumour targets, cancer-driving mutations and oncogenic viruses. Anocca operates an in‑house cGMP clinical manufacturing and process development facility and emphasises automation and software to drive multiple clinical programmes in parallel. The company plans to use the financing to accelerate its oncology pipeline into Phase I/IIa clinical trials and to bolster its in‑house manufacturing capabilities. Anocca was founded in 2014 and employs over 65 people at its Södertälje, Sweden site.

Participated · Series A · Mar 2023

Spiral builds an Impact-as-a-Service™ platform that enables financial institutions to embed sustainability, social impact, ESG, and CSR into core banking and payment products. The company previously launched a socially responsible consumer banking app in 2021 that grew to over 65,000 customers and processed $65 million in transactions in less than a year. Spiral has since transitioned to a B2B model to license its technology to banks, credit unions, and fintechs, while handling back-office operations, donation processing, compliance, and charity integrations. The firm plans to use new funding to launch its platform and expand offerings to more than 10,000 financial institutions across the U.S. Its products include socially responsible debit and credit cards, round-up transactions, monthly charitable subscriptions, and donor-advised funds to drive customer engagement and revenue. Founded in 2019 and headquartered in NYC, Spiral aims to simplify integrations with 1.5 million charities and scale impact for hundreds of millions of customers. Spiral is launching an ethical banking app that enables customers to support any charitable cause while earning attractive rates and monthly cash bonuses on their deposits. The app will match customer donations up to a limit and allows nonprofits to share engaging content, increase donations and collect funds without fees. Spiral’s deposit accounts are issued by nbkc bank (Overland Park, KS) and deposits are insured by the FDIC up to $250,000. The app is live in beta and the company plans a public launch next quarter, with a waiting list open. The team is led by CEO and co-founder Shawn Melamed and President and co-founder Dan Blumenfeld, and recently added former Morgan Stanley COO Jim Rosenthal to its board. The company raised $14M in funding to support the app launch.

Led · Equity · Mar 2023

CollectiveCrunch develops the AI-powered Linda platform to predict forest inventories and monitor carbon storage using climate, geo, and process data. The platform supports carbon trading by producing models and monitoring tools for the Verified Carbon Standard. Linda Forest covers 23 million hectares and is used by seven of the top ten Nordic forestry players. Since its 2016 founding, CollectiveCrunch has established a presence in Europe, the United States, and Latin America and is based in Espoo, Finland. The company was recently approved by Verra, strengthening its role in carbon markets. It plans to use new funding to expand worldwide and develop its product portfolio with a particular focus on the forest carbon market. CollectiveCrunch, founded in 2016 and based in Helsinki, develops Linda Forest, a turn-key AI SaaS platform launched in 2019 that predicts wood mass, species and wood quality more accurately than conventional methods. The company mixes satellite Earth observation, airborne laser scanning and harvester data for calibration. The recent funding from the European Space Agency will be used to further develop and pilot Linda Forest for forest inventories and key aspects of forest planning, investment and management. CollectiveCrunch plans to bring new AI-based tools to buyers and sellers of wood and forest lands and to expand into new markets. It already counts several high-profile customers in Finland, Sweden and the Baltics and has attracted interest from Central Europe, Russia and North America. CollectiveCrunch is a Helsinki-based forestry tech company developing the Linda Forest AI-supported platform to help landowners and buyers more accurately assess and manage forestry inventory. Linda Forest uses climate, geo and customer process data to predict volumes and species, enabling foresters to know inventory without physical inspections. The company has offices in Helsinki, Berlin and Munich and serves forestry customers in Finland, Sweden, Estonia and Brazil. Led by CEO Rolf Schmitz, CollectiveCrunch plans to use new funds to build its team and technical capabilities and to finalize and launch the first commercial version of Linda Forest in the second half of 2019. The company has announced a multi-year partnership with Finland’s Metsähallitus Forestry Ltd. to improve harvesting and forest development planning. The article reports the company has raised a total of €1M to date following this €600K round.

Participated · Equity · Jun 2022

Voltan Energy designs, constructs, finances and operates ground-source heat systems and distributed geothermal energy infrastructure for large properties. It provides cost-effective, emission-free heating and cooling alternatives and has been commissioned for over 30 sites. The company offers services to construction companies, developers, real estate investors and housing associations and works with partners such as YIT. Voltan emphasizes long-term operation and optimization for large residential buildings. Recent investment from Kiilto Ventures will be used to accelerate expansion and scaling, enabling construction of more and larger energy sites and strengthening its commercial and operational teams. The company positions itself to contribute to carbon-neutral construction and renovation through its financing and go-to-market model. Voltan Energy provides ground source heating and cooling systems as a long-term heat producer for apartment buildings, positioning itself as an alternative to district heating. Its service aims to be more cost-efficient and sustainable, offering lifecycle savings of hundreds of thousands of euros per building and enabling in-home cooling. The company focuses sales on fast-scaling new-construction projects through partnerships with construction companies and initially aims to build about 30–50 sites per year in Finland. Reaching that target would reduce annual CO2 emissions by around 1,200 tonnes. Voltan plans near-term expansion to other Nordic countries and potentially Central Europe. The company says it will invest tens of millions of euros in constructing new ground source heat and cooling systems over the next few years.