Participated · Series C · May 2022

Apnimed is developing AD109, a first-in-class oral combination of aroxybutynin (an antimuscarinic) and atomoxetine (a selective norepinephrine reuptake inhibitor) intended to improve oxygenation by addressing the neuromuscular root cause of OSA. AD109 is formulated as a once-daily bedtime pill and has completed two pivotal Phase 3 trials, SynAIRgy and LunAIRo. Apnimed plans to submit a New Drug Application (NDA) to the U.S. Food and Drug Administration in the second quarter of 2026. To support commercial readiness and a potential U.S. launch if approved, the company secured up to $150 million in a senior secured credit facility from funds managed by HealthCare Royalty Partners. The financing structure includes staged tranches tied to approval and sales milestones and a synthetic royalty on net sales. Apnimed is based in Cambridge, Mass.

Led · Equity · Mar 2018

B2X provides customer care services for smart mobile and consumer IoT devices, supporting brands including Apple, Google, Samsung and Xiaomi. The company is led by CEO Rainer Koppitz and operates from Luxembourg and Munich, Germany. B2X has more than 1,000 employees and is active in 140 countries. It is expanding business relationships globally with industry players such as Google, Lenovo/Motorola, OnePlus, Samsung and Xiaomi. B2X is evolving its service management beyond smartphones to other smart consumer devices and home appliances. The company intends to use the new funds to strengthen operations and its technology platform and to expand into new international markets. B2X Care Solutions provides end-to-end customer care and after-sales services for mobile and IoT devices, using its SMARTCARE Technology platform to create a digitally integrated customer care ecosystem. Founded in 2007 and led by CEO Rainer Koppitz, the company is based in Munich, Germany. B2X serves manufacturers, insurance providers, carriers and retailers and is expanding global business relationships with key market players such as Samsung. The company employs more than 1,000 people and is active in 140 countries. B2X plans to use the funds to expand its marketing and sales organization, accelerate growth with new customer projects and further develop its technology platform, particularly in Big Data. Financially, it has just closed a first financing round of €4.25M and is preparing a second round in the double-digit million range. B2X provides a Smart Service Platform for mobile device customer care, centered on its SMARTCARE technology. The company serves manufacturers, insurance providers, carriers and retailers with customer care services for mobile devices and other consumer electronics. B2X plans to use recent funding to accelerate worldwide expansion of its platform, targeting insurance companies entering the mobile and IoT insurance market and Chinese smartphone brands expanding into global markets. The business model combines the SMARTCARE technology, a global presence and a service partner network across 100 countries. The solution is currently used by mobile brands such as Apple, Motorola and Xiaomi. B2X is led by CEO Rainer Koppitz. B2X Care Solutions is a Munich-based provider of customer care solutions for smartphones. Its core offering covers managed after-sales services and customer care operations for smartphone manufacturers, supported by a cloud-based CRM and aftermarket support platform. The company announced a majority-share acquisition of Indian technology-enabled services provider The Service Solutions (TSS), and all TSS service stores will be rebranded as B2X Care Solutions. B2X India will be headquartered in Mumbai with a subsidiary office in Dubai. TSS, founded in 2009 by Sreevathsa Prabhakar, is an Apple Authorized Service Provider and Apple Authorized Reseller, employs approximately 200 people, and serves customers including Micromax, D-Link, HCL Infosystems, Voltas, Fly Mobiles and AnyData Technologies. B2X raised $15m in a Series B led by Earlybird Venture Capital, strengthening its financial position to integrate TSS's technology and service footprint. B2X Care Solutions provides global after-sales services for the consumer electronics, telecommunication and IT industries on behalf of manufacturers, commercial chains and telecommunication providers. The company integrates call centers, over 100 repair partners, numerous large logistics providers and more than 1,000 service points into its global network. It manages after-sales and warranty businesses in over 50 countries and responds to consumers and customers in more than 30 languages. B2X has a presence in Brazil, Mexico, Columbia, Poland, Portugal, Greece, Egypt, South Africa, Russia, India, Argentina, the UK, Spain, the US and China. Founded in 2006 and based in Munich, the company closed a growth financing round with Earlybird to support its expansion. The financing will allow B2X to expand its service scope to a broader range of end-product markets.