Participated · Series B · Jun 2025

aedifion provides a smart, AI-powered cloud platform for real-time operational optimization of technical building systems. The platform helps building operators reduce energy use and portfolio CO2 emissions by up to 40 percent. Customers across Austria, Switzerland, Luxembourg, the Netherlands, Poland, the UK and the US use aedifion to manage nearly 500 buildings totaling over 5.8 million square meters. The company was spun out of RWTH Aachen University in 2017. aedifion has experienced rapid growth, with annual recurring revenue increasing by 100 percent year-on-year in 2024–2025. The product roadmap includes advanced AI-powered energy management features (load optimisation and demand-side management) and a generative AI "virtual building assistant" to streamline reporting, troubleshooting, and maintenance. aedifion offers a built environment cloud management platform that helps commercial building operators monitor, manage and reduce energy usage across their estate. The platform combines engineering and information technology expertise across a broad portfolio of solutions. The company plans to use the newly raised funds to further develop the platform. Led by founder and CEO Johannes Fütterer, aedifion was spun out of RWTH Aachen University’s Institute for Building Technology in 2017. It has participated in research initiatives funded by the German Federal Ministry of Economics and Climate Protection and collaborated with research institutions including FU Berlin, University of Stuttgart and Fraunhofer ISE. Aedifion has partnered with industry players such as Eon, Uniper and Züblin. aedifion operates a plug-and-play, AI-based cloud platform that autonomously analyses and optimises technical building operations to boost energy efficiency, reduce CO2 emissions and lower operating costs. The software is used across more than 1,000,000 m² and by over 50 customers, including Art-Invest Real Estate, Commerz Real and ECE. The company employs more than 30 people and focuses on applying its automation to both existing buildings and new construction to meet tightening ESG and regulatory requirements. aedifion plans to use fresh capital to continue development of its software and accelerate digital decarbonization of real-estate portfolios. The platform emphasises rapid deployment without additional hardware and claims payback within months for many customers. Founded in 2017 and based in Cologne, the firm positions itself as a specialist in building-efficiency software for non-residential properties. aedifion develops software that analyzes building operating costs to help property owners identify and reduce expenses. The platform is positioned as an IoT backbone for efficiency measures in both existing buildings and new projects, according to its investor. Its solution is already in use at customers including E.ON, ROM Technik and ZWP Ingenieur-AG. Management says the recent seed financing will allow the company to accelerate product development and expand sales. The company is led by founders Johannes Peter Fütterer and Felix Dorner. The financing is intended to support growth beyond 2020.

Participated · Series B · Nov 2024

SIGA’s core product, SigaGuard, is a machine‑learning based operational monitoring solution that analyzes electrical signals at Level 0 to detect cyberattacks and operational faults in utilities, industrial plants, and critical facilities. Unlike network‑focused OT tools, SigaGuard monitors raw sensor and equipment electrical signals that the company says cannot be manipulated by attackers. SIGA offers the solution as a cloud SaaS with a monthly subscription fee and counts customers including New York Power Authority, Singapore’s water company, Israel Electric Corporation, large chemical firms, Israel’s water operator, government ministries and defense organizations. SigaGuard was selected by the Israel Water Authority as the core cybersecurity platform in its Security Operations Center for protecting national water infrastructure. The company plans to use new funding to accelerate sales and strategic collaborations abroad, with a focus on North America, Europe, the Far East and the United Arab Emirates. To date SIGA has raised $15 million, including grants from the EC and IIA and prior investments by SIBF and AWZ Ventures.

Participated · Series B · Aug 2021

Siga OT Solutions develops SigaGuard, a cybersecurity product that monitors raw electrical (Level 0) signals from industrial components and sensors using machine learning and predictive analysis. By “listening” to Level 0 rather than network traffic or protocols, the company says it can detect attacks on the most critical physical assets and maintain operational resiliency even if ICS controller logic is manipulated. SigaGuard is deployed at Israel’s critical water facilities and the New York Power Authority. The company positions Level 0 as the richest and most reliable source of process data in operational environments. Siga will use its new funding to accelerate sales and strategic collaborations internationally, with explicit focus on North America, Europe, Asia and the United Arab Emirates. Financially, Siga completed an $8.1 million Series B after a $3.5 million Series A three years earlier.

Led · Equity · Aug 2018

iS5 Communications is a Mississauga, Ontario–based provider and manufacturer of intelligent cyber-security industrial communications platforms and integrated services, led by founder and CEO Clive Dias. Its RAPTOR™ platform enables secure connection and management of mission-critical networks against current and future cyber-security threats. The company’s products target protection of critical infrastructure communications in utility substations, roadside transportation, rail, and other industrial applications. iS5Com positions its services and products as enablers for Smart Grid, Intelligent Transportation Systems, Intelligent Oil Field and Internet of Things deployments. The company intends to use the new funds to further enhance the RAPTOR™ platform and to develop advanced solutions for securing critical infrastructure communications and networks.

Participated · Equity · Sep 2016

SecurityMatters develops self-configurating and self-learning software that traces cyber-attacks and monitors critical information systems across industries. Its product targets sectors such as electrical energy, oil and gas, drinking water, pharmaceuticals and infrastructure. The company says its solution is superior at tracking cyber-threats due to its adaptive architecture. Founders Damiano Bolzoni, Sandro Etalle and Emmanuele Zambon launched the business in 2009 and the company is based in Eindhoven. With the new financing the team plans to expand international marketing, sales and support functions. Co-founder Sandro Etalle will leave the management team to become chairman of the newly formed board of directors.