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.

Participated · Series C · May 2026

Nyobolt develops end-to-end battery solutions—covering raw materials through software—designed for high-power applications. Its primary technical innovations highlighted in the article are niobium-based anodes and the capability for six-minute charging. The company targets markets including autonomous robotics, warehouse automation, mobility and AI-enabled industrial systems. Nyobolt was founded in 2019 as a spin-out from the University of Cambridge and is led by CEO Sai Shivareddy. Following the Series C, the company plans to expand operations and continue its development efforts. The article does not disclose revenues or other operating metrics.

Participated · Series A · Apr 2026

Rocsys builds hands-free charging and depot service solutions for electric and autonomous vehicle fleets, combining soft robotics, AI-driven computer vision and motion intelligence. Its newly announced M1 is an overhead rail-mounted, multi-bay charging system that can serve up to 10 bays from a single system and is interoperable across EVs, chargers and connector types. The M1 is currently in pilot deployment with large-scale rollout planned across North America and Europe in 2027, and the company says it can deliver up to a 75% productivity increase in depot operations and up to $1.7 million in annual savings at scale. Rocsys reports a 99.9%+ plug-in success rate in live environments and cites more than six years of real-world data and edge-case training underpinning its performance. The company's technology portfolio is supported by 130+ granted patents and pending applications and is already used in demanding environments such as ports. Financially, Rocsys has raised a total of $56M to date following the $13M Series A extension announced with participation from strategic investors including Capricorn Partners and Scania Invest.

Participated · Seed · Oct 2024

Neutreeno, a University of Cambridge spinout, provides a digital system built on proprietary process networks and mass-and-energy flow research to map product lines and identify emissions-reduction actions across thousands of suppliers. Its platform reduces the primary data burden on suppliers and automatically pinpoints solutions that cut emissions and costs faster and with greater precision than existing tools. Neutreeno counts customers across Asia, Europe, and North America, including S&P 500 and FTSE 250 companies as well as a range of SMEs. The company demonstrated a 35% emissions-reduction potential across Scope 1–3 for one supplier and identified actionable changes in just four weeks. Neutreeno positions itself to democratize emissions reductions for millions of businesses and accelerate industry decarbonization at scale. The company recently raised a $5 million Seed round to support its growth and commercialization.

Participated · Series B · Jul 2024

Addionics produces textured, three-dimensional copper and aluminum foil current collectors for lithium-ion batteries, using electro-deposition for copper and electroetching for aluminum. Its foils feature tiny holes and undulating peaks and valleys that increase contact between the foil and active material. The company says the design improves battery performance and efficiency and can potentially double battery lifespan, and that the collectors can work with a wide range of chemistries. Addionics plans to tailor collectors to different chemistries in the future to extract additional performance. The Israel- and U.K.-based startup recently raised a $39 million Series B to accelerate delivery of its current collectors and to explore new markets and geographies. Earlier this year it announced plans to build a $400 million factory in the U.S. and said it has letters of intent from U.S. automakers. Addionics develops patented Smart 3D Electrode architecture and a scalable electrode fabrication process that replaces traditional 2D layered electrodes, aiming to increase energy density, power, safety and lifetime without raising cost. Its drop-in solution is compatible with existing battery manufacturing lines and is paired with a proprietary AI algorithm to accelerate and optimize electrode design for varied applications. The company targets electric vehicles initially and is collaborating with automotive OEMs and suppliers in the U.S. and Europe to integrate with NMC, LFP, silicon, lithium polymer and solid-state chemistries. Addionics plans to commercialize by 2024 and will use funding to advance product development, expand the team, and increase activity in the U.S. and Germany. The company also highlights applications beyond EVs, including consumer electronics, stationary storage, aviation, defense and medical devices. Addionics has developed a scalable, patent‑protected “smart 3D structure” that redesigns battery architecture via 3D metal fabrication to reduce internal resistance and improve mechanical longevity and thermal stability. The company’s approach is chemistry‑agnostic, designed to enhance existing and future battery chemistries rather than replace them. Addionics says its technology can increase EV mileage, improve safety, and reduce cost and charging time, and could be applied to consumer electronics, medical devices, grid storage, drones, and more. Commercial traction is early: the company is working with an unnamed tier‑1 American automotive company on a proof‑of‑concept and testing Addionics cells in vehicles. Management aims to secure 3–4 major collaborations with world‑leading OEMs over the next year. Financially, the company has raised $6M in funding, which includes a $2.5M grant awarded through the European Union’s Horizon2020 program.