Participated · Equity · Jul 2018

IOMED develops AI-powered technology to activate healthcare data across hospitals, unlocking both structured and unstructured sources via a Natural Language Processing system. Its platform transforms data into the OMOP Common Data Model and keeps data inside hospital facilities using a Federated Data Model. The company positions itself as a strategic ally for real-world data–driven healthcare ecosystems and says its mission is to drive a better future for healthcare through AI. IOMED plans international expansion and to consolidate its market position as part of this next growth stage. It has recently strengthened its business and technology leadership team and updated its brand image to reflect its maturity and innovation. Financially, IOMED closed a €10 million Series A and received a nearly €1 million grant from red.es for an AI R&D project. IOMED builds AI and natural language processing software that transforms free-text electronic health records into coded, structured data for clinical research. Its product suite includes locally installed GDPR-compliant data storage, software for observational studies, and a patient-matching network for clinical trials. The company currently works with hospitals across Spain, running projects in 27 medical centres including Vall d'Hebron, Hospital del Mar and Cruces-Biocruces Bizkaia University Hospital. IOMED plans to expand throughout Spain and into Germany and the UK using proceeds from its latest raise. It raised €2 million in the most recent funding round. The startup was founded in 2016 by Álvaro Abella, Gabriel de Maeztu and Javier de Oca and is based in Barcelona. IOMED Medical Solutions develops Medical Language API (MEL), a software that uses natural-language understanding to extract clinically relevant concepts from physicians' electronic records and store them in structured databases. MEL launched to market in 2017 and the company operates under the umbrella of IQS Tech Factory, Spain's first industrial startup accelerator. IOMED applies big‑data analytics to the structured outputs to build predictive models for clinical events such as future hospital readmissions. The technology began implementation in the traumatology area of Hospital Universitario Vall d’Hebron in 2018. The company closed a €500,000 financing round in 2018 that will be used to expand its team and broaden deployment of its technology into new areas. IOMED positions its solution as a way for hospitals to anticipate events, improve patient care and generate operational efficiencies.

Participated · Equity · Sep 2016

Byrd operates an asset-light, software-led fulfillment network that offers virtual warehousing (colocation), delivery services and proprietary warehouse-management software to e-commerce merchants. The company currently covers seven countries—U.K., France, Germany, the Netherlands, Austria, Italy and Spain—with plans to launch in Sweden, Denmark and Poland later this year, targeting 30 warehouse locations across 10 countries. Byrd’s platform helps merchants connect, manage and analyze shipments and returns across channels and already fulfills a significant volume of Amazon orders for customers. The startup emphasizes flexibility for retailers that sell through multiple channels and aims to provide fast-shipping and returns capabilities that compete with marketplace-driven offerings. Founders include CEO Alexander Leichter (co-founder) and co-founders Sebastian Mach and Petra Dobrocka (CCO); the company was originally founded in Vienna and is now based in Berlin. Byrd plans to use new funding to expand its network, broaden services and build operations in new verticals such as apparel. Byrd provides software to manage warehouses and logistics and runs a service that helps online merchants receive, store, pick and deliver orders via a network of fulfillment centers. The company offers APIs to integrate merchants' storefronts and marketplaces and taps shipping partners such as UPS, DHL, Amazon and postNL to route orders. Byrd also enables customizable packaging and options for more sustainable delivery so brands can preserve their customer experience. Founded in Vienna, Austria in 2016, it is active in the UK, Germany, the Netherlands and France, operating some 15 fulfillment centers and serving roughly 200 customers. Revenues are up 300% year-over-year and the company handles “hundreds of thousands of parcels per month.” Byrd plans to expand into five additional markets across eastern, northern and southern Europe and will bring B2B capabilities online in the coming months. byrd operates a tech-driven fulfillment platform that integrates with leading e-commerce systems such as Shopify and connects merchants to qualified logistics partners and partner warehouses internationally. The company enables retailers to offer advanced, international shipping options without building their own logistics network. Founded in 2016 and based in Berlin and Vienna, byrd runs fulfillment locations in Germany and Austria, operates in the UK, and plans new locations in the Netherlands and France. It currently ships 10,000 orders per day from more than 10 warehouses and manages storage capacities of more than 500,000 square meters. The company has 60 employees and intends to use new funds to expand its virtual warehouse network to let retailers in eight markets ship worldwide by the end of the year. Total funding has reached more than €9m following the latest round. byrd provides an iOS app that lets private and business customers photograph an item, request a courier pickup (€4.90 per pickup), and have the item packaged and shipped at the lowest available price. The service handles the first mile by collecting unpackaged items, bringing them to a warehouse for packaging, and placing them into the logistics cycle. The startup completed a test phase for businesses and is already shipping a four-digit number of parcels per month. The app initially launched in inner Vienna (districts 1–9, 20) with city-wide expansion and expansion into other cities underway, including plans to expand into Germany. Founded in 2016, byrd was part of the TUW i²nkubator and emphasizes speeding up and simplifying shipping through technology.

Participated · Seed · Sep 2016

Timeular is best known for the Zei, an eight-sided Bluetooth-enabled device that users program per side as a timer for different tasks. The device pairs with Timeular's software to log time and the company is shifting toward developing productivity coaching tools that give users tips and reports. Timeular plans to offer the core service via a paid subscription with limited free options and expects the service to work best when paired with the Zei device. The company used Kickstarter to launch the product, raising €313,637 from over 3,000 backers after a €75,000 goal was surpassed. Timeular was named Austrian startup of the year in 2016 and sells the Zei from its website for €115 ($129). The team intends to introduce the upcoming product in Q3 (beta) with a full launch before the end of 2017. Timeular is a Graz, Austria-based hardware startup founded in 2015 that builds ZEI°, an 8-sided polygon time-tracking device. Each side of the device is assigned to an activity and flipping the polygon activates time-tracking for that activity; sides can be customized by writing, sticking, or drawing. Timeular’s device integrates with existing time-tracking solutions including Toggl, Harvest, Timeneye and Wunderlist. The device has been shipped to 100 beta customers across 15 countries and is currently available on Kickstarter. The company raised €200k in pre-seed funding and intends to use the funds to ready the product for mass production and subsequently enter the mass market; Kickstarter funds are being used to pre-finance production, certification and shipping. Devices are planned to ship in early 2017 and are available to early-bird backers at up to 50% off retail.

Participated · Seed · May 2016

Thingthing is an iOS keyboard app that adds functionality to the keyboard, including working with attachments and photos inside any app to reduce switching. The company says its vision is for users to 'just type' and focus on one task at a time, a goal emphasized by CEO Olivier Plante. The app is currently available only on iOS and will remain the immediate focus, with an Android version planned eventually. Thingthing has partnerships in the pipeline that it plans to announce soon. It has over 25,000 users and won the Disrupted By Mobile award at 4YFN in Barcelona. To support product expansion and a new updated version, the startup raised €350,000 in funding.