Participated · Equity · Dec 2025

Pyxis builds and supplies fully electric vessels for maritime operators across Asia, coupling the hardware with Electra™, its proprietary energy and vessel management platform that delivers real-time monitoring, predictive maintenance and fleet-level optimisation. By cutting fuel burn and upkeep, the company promises a lower total cost of ownership while sharply reducing emissions. Demand is growing: Pyxis has already secured 17 confirmed orders for its craft and has deployed two ultra-fast marine charging stations, with additional sites planned alongside local partners. The startup’s near-term roadmap includes scaling production to serve customers in Singapore, Japan and the broader ASEAN region, adding IoT and vehicle-to-grid functions to Electra™, and expanding its charging network. Recent funding, which combines equity and green debt, strengthens its balance sheet and provides working capital for vessel deployment and infrastructure build-out. The company positions itself at the nexus of maritime decarbonisation, digital fleet management and clean-energy infrastructure.

Participated · Equity · Dec 2025

Spanish startup bound4blue designs and manufactures eSAIL®, a thick-profile, suction-assisted rigid sail that provides auxiliary wind propulsion for maritime vessels. Independently verified trials show fuel and emission reductions of 15–20 % on Odfjell’s Bow Olympus, with peaks up to 40 %, and daily fuel savings of up to 5.4 t on the Ville de Bordeaux ro-ro ship. The company has already installed its sails on seven ships and holds orders for twelve more, representing more than 50 eSAIL units. Customers include Maersk Tankers, Eastern Pacific Shipping, Odfjell, Klaveness Combination Carriers and BW Epic Kosan. With parallel production lines planned in Spain and China, bound4blue aims to manufacture several hundred sails annually and projects annual CO₂ savings exceeding 400,000 t by 2027. The newly raised capital positions the firm to transition from technology validation to full industrial scale-up while continuing R&D on additional wind-propulsion solutions.

Participated · Seed · Sep 2025

Cetasol is a Gothenburg-based startup building software for the maritime industry. Its flagship platform, iHelm, applies artificial intelligence to real-time vessel data to generate actionable recommendations that improve fuel efficiency, track performance, ensure regulatory compliance, and reduce operating costs. By optimizing voyages, the product enables fleets to lower emissions and increase asset uptime, supporting more sustainable operations. The company sells primarily to commercial vessel operators and plans to deepen its reach in major global maritime markets. With fresh seed capital, management will scale sales and marketing, enhance product features, and strengthen commercial partnerships. While revenue and user figures were not disclosed, the business has attracted repeat backing from existing investor Sarsia, indicating early market traction.

Led · Series B · Jul 2025

Founded in 2017 by Ben Allen, Jens Arne Hartwig and Tobias Taupitz, Laka has built a pan-European platform that replaces fixed-premium models with a collective approach in which riders pay only the actual cost of claims each month, capped at a percentage of their equipment’s value. Its technology stack handles advanced claims processing, recovery and replacement services, and supports embedded insurance partnerships with brands such as Decathlon, Brompton and Gazelle. Starting as a niche cycling insurer, the company now targets the broader micromobility market, aligning with Europe’s push toward sustainable transport. Laka differentiates itself from traditional insurers like Aviva, Allianz and AXA, as well as specialists such as Bikmo and Sundays, through its transparency-driven pricing model. Future growth will be driven by European expansion and a disciplined M&A strategy; in the past two years it acquired Luko’s e-scooter insurance assets, CoverCloud’s bike insurance renewal rights and French broker Cylantro. The company aims to consolidate a fragmented sector that is projected to reach £140 billion in value by 2030. No revenue or user figures were disclosed in the article.

Led · Series C · May 2025

Routematic, founded in 2013 and based in Bangalore, India, provides technology-driven employee transportation as a corporate Transport-as-a-Service. Its core product is an AI-enabled SaaS platform called the Routematic SuperApp that automates routing, tracking, billing, and compliance for corporate commute management. The company emphasizes safety features such as GPS tracking and panic buttons to deliver predictable commute experiences. Routematic will use the Series C proceeds to expand its fleet, establish city-level command centers, and convert 30% of its vehicles to electric vehicles to enhance sustainability. Its stated mission is to provide the most efficient and sustainable commute solutions for companies around the world. Nivaata Systems Pvt. Ltd. operates Routematic, a platform that offers route planning and fleet aggregation to optimize daily commutes by leveraging both demand- and supply-side capabilities. The company says it aims to make safe and reliable daily commute options available for all while reducing global carbon footprint. Routematic has a presence in 16 cities, serves over 80 customers, and reports more than 1.5 lakh users on its platform. Founded in 2013 by Surajit Das and Sriram Kannan, the startup plans to use recent capital to build out its suite of mobility products. Management positions the business as playing a central role in how big cities handle traffic congestion and environmental issues. The company reported net sales of Rs 26.83 crore for FY 2018-19 and losses of Rs 4.13 crore. Routematic is an AI-enabled, tech-driven commute marketplace that provides a single-window employee transport solution and a fleet marketplace. Its platform automates and optimizes distribution and planning, transportation, asset monitoring, logistics, and sales-force effectiveness for organisations. The startup says it can reduce an organisation’s fleet cost by 10–15%, deliver 100% statutory compliance and eliminate fleet shortages. Routematic operates in six cities including Pune, Bengaluru, Delhi NCR and Chennai and was founded in 2013. The company is building a smart-city urban mobility network through electric vehicle supply-chain technology. With the fresh funding, it plans to expand staff transportation, fleet marketplace and staffing operations and to establish itself as a notable EV player within the next 12 months.