Participated · Seed · Oct 2023

Momint is a South African Web3 platform that educates users about Web3 technologies while providing a marketplace for owning and trading energy assets on-chain. The company plans to integrate the Internet Computer Protocol (ICP) blockchain to enhance its business operations. Momint intends to use recent funding to support global expansion and to gain, retain, and expand market share. The platform targets both consumers and investors, positioning itself as a safe environment for energy-asset tokenization and trading. No revenue or user metrics are mentioned in the article. Momint provides a blockchain wallet integrated into its app that lets users spend cryptocurrencies at thousands of South African and overseas retailers and top up crypto via integrated exchanges. The company also operates a marketplace for investing in solar projects, including its SunCash initiative launched in January 2023. Momint reports a community of 55,000 users, over $1.4 million in sales, and partnerships with more than 10,000 retailers domestically and 5,000 overseas retailers. Its wallet supports purchases of USDC and Ethereum with real-time rates, peer-to-peer sending, and KYC/KYT/AML checks. Momint aims to expand utility for crypto payments, enable low-cost cross-border transactions, and increase financial inclusion for small businesses and the informal economy. Funds from the current raise are earmarked for marketing, growing assets under management, and driving toward profitability.

Participated · Seed · Jul 2022

Milluu provides a mobile app and Milluu Bot that lets business users present apartments, schedule visits, sign contracts, secure goods, and pay utility bills while tenants search and receive personalized offers. The company charges owners a 20% setup fee and then a 10% monthly subscription, and charges tenants a 6% monthly fee. Milluu currently manages over 200 apartments and reports roughly €13K in monthly recurring revenue. The team is developing AI and ML features to improve matchmaking and automation. Milluu plans to scale to additional Romanian cities like Cluj and Iasi and expand across Poland, with a longer-term goal of a Series A in 2023 and targets of 20K managed units and nearly €20M in annual revenue.

Participated · Seed · Feb 2022

Lula builds a zero-commission, multi-vendor 30-minute delivery platform that helps convenience stores, pharmacies and consumer packaged goods brands publish thousands of SKUs and syndicate them across major third-party delivery companies. The product aggregates orders from multiple delivery providers into one synchronous tool for merchants with one or two employees. Lula charges a monthly subscription (which the company says most stores break even on within the first couple days of the month) rather than a commission. The company was started in late 2020 after founders encountered pandemic-driven store closures and has helped hundreds of stores onboard to delivery. Lula is growing store count by over 30% month-over-month, is in talks with large convenience store chains in Europe and Mexico, and is receiving organic inbound from independents across the U.S. The company has 35 employees and plans to use new funding for product development and to expand sales and customer success headcount as it scales to all 50 states and targets the next 2,000 customers. Lula digitizes convenience-store inventories, supplies stores with tablets and sustainable packaging, and syndicates their listings to major delivery platforms (DoorDash, Grubhub, Uber Eats and its own platform). The company shifted from hiring its own eco-conscious drivers to partnering with third-party delivery services and charging stores a $50–$99 monthly subscription instead of commissions. Lula operates in New York, New Jersey, Florida and Philadelphia, and says partnering stores have seen a roughly 30% increase in revenue within a 10-mile radius. The team comprises seven full-time and eight part-time staffers, and the company donates 1% of sales to 1% for the Planet. Lula plans senior hires in the Philadelphia area and aims to expand with larger convenience store chains and to onboard stores remotely across all 50 states.

Participated · Convertible Note · Nov 2021

Alpha AR’s core product is an AI-driven platform that transforms 2D images into deployable, high-quality 3D models without requiring specialized 3D modeling skills. The startup says its models are suitable for AR, VR, virtual try-ons, NFT and metaverse applications and that its software is available online worldwide. Founded in 2018 and based in Estonia, Alpha AR is in an early commercialisation phase and lists customers including Renault, Meta, Farfetch, WANNA, PwC, VivaTech, Publicis, Threedium and Plug and Play. The company has raised $1M to date and recently closed a fresh $800K round, which it says will be used to further develop its AI platform and expand services internationally. Alpha AR positions itself to play a key role in the growth of the metaverse across gaming, retail, entertainment and social media. Alpha AR is an Estonian deep-tech startup that uses AI to automatically convert 2D images into 3D models within minutes for AR/VR, NFTs and marketing use cases. The company was co-founded in 2018 by Madis Alesmaa (CEO) and Rait-Eino Laarmann (COO), two serial entrepreneurs from the software and gaming industries. Alpha AR aims to make 3D creation affordable and scalable, addressing a costly and time-consuming bottleneck in the AR, VR and gaming industries. The startup has formed partnership agreements with several leading e-commerce, augmented reality and Metaverse platforms. Alpha AR has been recognized regionally, including being singled out by Vestbee and winning How to Web’s Spotlight 2021 competition. With the new capital prize, the company plans to continue global growth and further develop its 3D technology.

Participated · Seed · Nov 2021

Founded in 2020 in Montreal, Billdr has evolved from a home-renovation marketplace into a vertical SaaS provider focused on eliminating operational bottlenecks for general contractors. Its cloud platform centralizes customer relationship management, estimating, invoicing, project and team management, and payment processing, while layering in AI to automate routine workflows. The company currently serves hundreds of contractors across Canada and the United States. With its new capital, Billdr plans to deepen its AI capabilities, add financial infrastructure such as bill pay and lending, and introduce real-time building-material pricing. These enhancements are aimed at expanding the product’s value proposition and accelerating adoption across North America. Revenue figures were not disclosed, but the company’s user traction underscores demand for modernized contractor tools.