• Iris.ai

  Led · Series A · May 2024

  Iris.ai provides an AI engine for scientific text understanding through a comprehensive platform for research-related knowledge processing. Its RSpace solution offers smart search, smart filters, reading list analysis, auto-generated summaries, autonomous extraction, and systematizing of data. The company serves corporate R&D departments and university researchers to help unlock scientific insights beyond human capabilities alone. Co-founded by Anita Schjøll Abildgaard, Jacobo Elosua and AI researcher Victor Botev, Iris.ai is based in Oslo, Norway. It raised €7.64M in Series A funding to support continued growth and innovation in AI-assisted scientific research. The company intends to use the funds to contribute to a dynamic European AI ecosystem. Iris.ai builds an AI engine for scientific text understanding that categorizes, navigates, summarizes and systematizes data from academic papers, patents and other technical documents. The company says its technology is already used by hundreds of universities and companies to reduce the time spent manually reviewing research. The recent capital is aimed at making scientific research more actionable—accelerating research across fields, mapping the available literature, and broadening researchers’ domain understanding. Iris.ai’s CEO emphasizes that large language models today hallucinate and lack domain-specific factuality, and the company focuses on factuality validation and injection of externally validated knowledge to create a trustworthy system. The funding is positioned as a response to competition from US and Chinese AI developments and to strengthen a European AI/ML player. The backing is intended to support product development and broader deployment in research and industry.

• Evrotrust

  Led · Equity · Feb 2024

  Evrotrust is a European identity and qualified trust service provider offering a fully reusable digital identity platform that meets the EU’s eIDAS regulation. The solution covers remote identity verification, qualified electronic signatures, trusted timestamps, and electronic delivery, and is listed on the EU Trusted Lists as an EU-notified electronic identification scheme. Today the platform supports more than 2 million users from 61 nationalities and serves over 200 enterprises across 11 countries, helping clients meet AML, KYC, and eIDAS 2.0 requirements. With the European Commission targeting 80 % adoption of EU Digital Identity Wallets by 2030, Evrotrust aims to capture growing demand for compliant digital identity and signing solutions. The company is prioritizing expansion in Germany, Austria, and the wider Central and Eastern European region, where enterprises are already using its technology to centralize onboarding and signing workflows. Proceeds from its latest financing will be used to scale the platform and extend its customer base across the DACH and CEE markets.

• Alcatraz AI

  Participated · Series A · Sep 2022

  Alcatraz develops the Rock™, an AI-driven physical access control solution that authenticates people as they walk past entry points without taking photographs or storing biometric images. The company positions its technology as privacy-first facial authentication (not surveillance), designed to meet GDPR, CCPA, BIPA, and other compliance requirements. Its customers include leading AI data centers, major U.S. airports, energy companies, Fortune 100 enterprises, NFL teams, and top universities. In 2025 the company reported rapid adoption metrics: more than 300% year-over-year growth in data center adoption, 200% growth in new enterprise customers, and a fivefold expansion across Fortune 500 deployments. Alcatraz has raised over $100 million in total capital and plans to use the new funding to expand into new verticals and international markets and to grow its team.

No current team members are available.