Participated · Seed · Feb 2026

Tangible’s core offering standardises the data, documentation and ongoing reporting that lenders require, allowing robotics, climate, mobility and data-centre startups to obtain asset-backed debt more quickly and cheaply. Its AI-driven workflows and in-house finance experts cut underwriting time and cost for a network of private credit funds, hedge funds, equipment financiers and traditional banks. By replacing bespoke, manual processes, the platform lets founders run sophisticated debt facilities without building an internal structured-finance team. Tangible currently employs 13 people. The company intends to use its new capital to expand headcount and develop additional products that further streamline debt fundraising. Including this round, Tangible has raised roughly $9.8 million in external funding when combined with the £4 million ($5.45 million) round it closed in 2023. Management believes modern infrastructure is essential for scaling hardtech finance as institutional investors look for faster, lower-friction deployment mechanisms.

Participated · Seed · Feb 2026

Founded in 2021 and based in Budapest, Allonic is a robotics hardware company pioneering a proprietary 3D Tissue Braiding process that weaves soft-tissue-like fibres around skeletal cores to create fully integrated robotic limbs and bodies in a single automated step. By replacing assembly-heavy designs with continuous fabrication, the platform removes supply-chain complexity and cuts iteration cycles from weeks to minutes, allowing users to design, build and replace manipulators on demand. The system can embed multiple materials—including elastics, wiring and sensors—directly into the structure, producing safer, more compliant and customisable robots at lower cost. Allonic has already completed its first pilot in electronics manufacturing after unveiling the technology in May 2025, demonstrating applicability where traditional industrial robots fall short. The company plans to use new capital to accelerate platform development, grow its engineering and operations teams, and run further pilots and early commercial deployments with industrial partners. Its €6 million pre-Seed round is the largest such financing recorded in Hungary to date, underscoring investor conviction in its infrastructure-level approach to robotics. While no revenue figures have been disclosed, the early traction positions Allonic to address a growing gap between advanced AI control software and legacy hardware manufacturing.

Participated · Seed · Nov 2025

Founded in 2024 in Valencia, Spain by Thomas Hubregtsen and Francisco Infante Aguirre, Voltrac is developing fully autonomous, battery-powered vehicles tailored to the demanding needs of agriculture and defense logistics. The company’s prototype units are currently undergoing field tests in vineyards and mountainous terrain around Valencia to validate performance in real-world conditions. Voltrac plans to complete these trials and deliver its first customer vehicle in January 2026. The startup envisions scaling production after initial deployments, targeting farms and military logistics operators seeking cost-effective, emission-free transport solutions. Financially, the company has secured €9 million in equity funding to date, comprising a €2 million pre-seed round followed by a €7 million seed round. This capital supports ongoing product development, operational expansion, and preparation for commercial manufacturing. No revenue or user metrics have been disclosed yet, as the products are still pre-commercialization.

Participated · Seed · Sep 2025

Belfort is a spin-off from KU Leuven’s COSIC lab that develops purpose-built hardware to make fully encrypted computation feasible at scale. Its accelerator processes data while it remains encrypted, removing exposure risks to servers, cloud operators, or insiders and opening secure use cases in blockchain, finance, healthcare, and government. The product is already listed on AWS Marketplace and positions Belfort as the first company to commercialize dedicated silicon for encrypted compute. Seed funding will allow the company to double its headcount and expand enterprise pilots out of its San Francisco and Leuven offices. The founding team combines deep cryptographic research experience with industry backgrounds at Intel, Microsoft Research, Kraken Ventures, and Google[x]. Their technology stems from years of ERC-funded research and a competitive DARPA contract, underscoring strong technical defensibility. While revenue and user numbers were not disclosed, the $6 million seed round provides the runway to advance product development and early customer deployments.

Participated · Seed · Sep 2025

Hyperdrives develops hollow-conductor cooling for electric motors to achieve higher current density, enabling lighter, smaller, more efficient drives with a strong performance-to-cost advantage. The company supplies turnkey drive systems with integrated SiC inverters and partners with OEMs and Tier‑1s on industrialisation and manufacturing-technology licensing. Over three product generations it has focused on delivering motors that scale using existing production processes rather than exotic materials or novel layouts. Hyperdrives targets automotive, aerospace, and marine applications and emphasizes manufacturability for industrial-scale production. The company generated over €1 million in revenue in 2024 without any external funding. Using the new financing it plans to expand the team, validate lifetime durability to automotive standards, convert its customer pipeline into commercial projects, and prepare manufacturing for industrial rollout.