Participated · Seed · Mar 2026

Noru develops an "agentic compliance" platform that connects to company systems via APIs to automate regulatory requirements and replace manual processes with continuous monitoring. The startup embeds compliance directly into development and operational workflows to help companies meet standards such as ISO and SOC and prepare for frameworks like the EU AI Act. Founded six months ago by Bip Thelin and Therese Ruth and based in Stockholm, Noru has onboarded about twenty paying customers during its pilot and supported them in achieving multiple security certifications. Financially, Noru completed a €560,000 pre-seed round led by Ampli Ventures with participation from Andreessen Horowitz Scout Fund, SSE Business Lab, the DHS angel network, Nordic investors, and Mark Strande. The company plans to use the funding to grow its customer base and hire engineers and marketing staff.

Participated · Equity · Apr 2025

Telgea provides one unified mobile platform and single contract that lets businesses onboard employees across countries with a single number and interface, eliminating roaming, fragmented billing, and local carrier negotiations. Its platform includes AI that automates telecom operations—virtual agents handle onboarding, plan activation, support, and issue resolution—to reduce the load on IT and HR. The company says this automation and contract consolidation frees internal resources and simplifies scaling for international businesses. Telgea is already live in eight countries and is launching a new country each month as it expands. The article cites research showing global companies spend $800–$1,200 per employee annually on mobile, illustrating the addressable operational burden Telgea targets. Telgea raised $2.7 million in its most recent funding round from Amigo Ventures, Antler, Motivate Ventures and the Stockholm School of Economics.

Participated · Equity · Dec 2011

Geothermal International designs, installs and commissions Ground and Air Source Heat Pump systems as turnkey low‑carbon and green solutions. GSHP/ASAP systems provide renewable, energy‑efficient heating and cooling for buildings ranging from hospitals and schools to office developments, industrial warehousing and residential homes. Established in 2000 and led by CEO Brian Davidson, the company operates from Coventry and Stirling in the UK. It has raised £12m in funding to support growth. The company intends to use the funding to expand in the UK market, finance the acquisition of Endurant Energy in the US, and grow internationally.

Led · Equity · Sep 2011

Aquamarine Power develops the Oyster technology, a nearshore wave-energy device that captures energy from waves and converts it into electricity. The company is using new funding to continue development of Oyster and advance commercialization plans. It operates a 2.4MW Oyster array at the European Marine Energy Centre (EMEC) in Orkney. Management aims to reach commercialization by 2014, supported by investor commitments. The company is led by CEO Martin McAdam and is based in Edinburgh, Scotland. Recent financing activity includes both equity-style funding and a prior loan to support project completion. Aquamarine Power develops the Oyster wave power technology to capture energy in nearshore waves and convert it into clean, sustainable electricity. The company is based in Edinburgh, UK. It intends to use the new capital to commercialize Oyster. Aquamarine received an £11m equity financing to support that commercialization. The financing includes strategic participation from ABB Technology Ventures and existing shareholder Scottish and Southern Energy (SSE) Venture Capital. Through the ABB agreement Aquamarine will access ABB’s technical, research and engineering expertise and its global supply chain network.