• Multiverse Computing

  Participated · Series C · Jul 2026

  Founded in 2019 in San Sebastián, Multiverse Computing builds AI solutions inspired by quantum computing techniques—notably tensor-network approaches—to compress large language models and produce energy-efficient AI. The company says its technology can reduce model size and energy use by up to 95%, deliver 4x–12x faster inference, and cut costs by 50%–80%, enabling deployment on constrained devices like smartphones, laptops and satellites. Multiverse has launched a new generation of optimized models, including an open-source model and a family of compressed models designed for resource-limited environments. It has formed strategic partnerships with firms such as Cohere, Axelera AI, Plain Concepts, Inetum, EY and PwC to accelerate adoption in finance, energy, logistics, space, health and defense. Financially, Multiverse closed a €189M Series B in June 2025 (led by Bullhound Capital and including SETT and other investors) and is currently finalizing a larger round that could total €500M, backed in part by a €107M SETT commitment.

• Archangel Lightworks

  Led · Series A · Apr 2026

  Archangel Lightworks develops laser communications systems and the TERRA-M deployable optical ground station. The company says it has designed, built and deployed its laser communications systems and is now moving to commercialise the TERRA-M product. It announced an oversubscribed $13.5 million Series A to accelerate that commercialisation. The funding round was led by Santander Asset Management with participation from NSSIF, Oxford Science Enterprises, Blackfinch Ventures, Oxford Capital and Lycka. Leadership commentary framed the raise as enabling faster work with existing and new partners to meet customer demand across markets. The company did not disclose revenue, user metrics, prior funding rounds, or a valuation in the announcement.

• Eneida

  Led · Series B · Jul 2024

  Eneida provides the DeepGrid® Operational Analytics platform, an open, modular, and collaborative solution that integrates smart sensor networks with advanced data analytics. Its platform enables distribution system operators (DSOs), new energy players and their operational teams to better manage low-voltage networks, facilitate adoption of electric vehicles, heat pumps and rooftop solar, and reduce grid outages and faults in neighbourhoods. The company operates across Europe, Africa, Australia and New Zealand and is led by CEO Carlos Pina Teixeira. Eneida intends to use the funds from its recent Series B to extend its leadership to new markets, accelerate R&D to further develop its technology for grid operators and new energy players, and continue scaling its business and operational analytics platform. The business focuses on neighbourhood grid intelligence for zero emission neighbourhoods (ZENs) and positions its product for operators and emerging energy participants. It recently closed a €10.5M Series B to support these efforts.

• Caeli Wind

  Participated · Series A · May 2024

  Caeli Wind offers an AI-based analysis system and a marketplace to identify and market wind turbine sites. The platform analyses potential locations and connects them to project developers and energy suppliers. In 2023 the company identified 173 new locations in Germany and allocated them to developers and suppliers. Caeli plans to use recent funding to accelerate international expansion, improve the value chain, and further develop its advanced technologies. The company was founded in 2022 and lists Andreas Rieckhoff as CTO. It raised €11M in the latest funding round to support these initiatives. Caeli Wind is Germany’s first digital marketplace for wind farms, operating from Berlin. Its platform uses proprietary, AI-based algorithms to identify areas with wind potential and to evaluate spatial planning, grid connection and economic viability. The company brings project developers and landowners together to create land liquidity and to accelerate evaluation, planning and awarding processes. Caeli reports a site pipeline of more than 2 gigawatts of wind power and says it is already successful in sales despite its young age. It intends to use external support to strengthen activities in the German market and to prepare for expansion into neighbouring markets. The article does not disclose revenue figures, user numbers, or the financial terms of external investments.

• Tau Group

  Led · Series B · Jan 2024

  Tau Group operates in the magnet-wire industry, where it is described as an innovator of new wire technologies. Its core offering revolves around the design and production of high-performance magnetic wires used in electrical and electronic applications. The company focuses on improving wire efficiency and performance, positioning itself as a technology leader within this niche sector. Investor interest has grown steadily, culminating in a recently closed €20 million Series C financing. Although no specific revenue, user, or production figures are disclosed, the scale of the latest round signals confidence in Tau Group’s commercial prospects. The fresh capital will allow the firm to continue advancing its proprietary technologies and pursue further growth initiatives.

No current team members are available.