Participated · Seed · May 2026

Pit builds enterprise AI products that learn how clients’ businesses run and generate custom software to automate internal processes, positioning itself as an “AI product team as a service.” Its offering is organized around two pillars: Pit Studio, which lets employees guide the creation of AI-handled processes, and Pit Cloud, which aims to deliver software that meets enterprise requirements for governance, certifications, and auditability. The company is focused on back-office, service, and support automations rather than customer-facing conversational AI and has begun pilot tests in telecom, healthcare, logistics, and other sectors. Pit’s founding team includes former Voi leaders and engineers as well as ex-iZettle and Klarna staff, and the company is preparing to scale commercially by hiring solution and forward-deployed engineers to drive enterprise adoption. Management emphasizes outcomes like faster processes, productivity gains, and quality improvements rather than head-count reductions. The startup is actively aligning its product to enterprise preferences, including the ability to run on different AI and cloud vendors to meet sovereign-tech concerns.

Participated · Seed · Feb 2026

Founded by Salman Eskandari and Ehsan Yazdani, Fintower develops an AI-powered financial planning and analysis (FP&A) platform that consolidates budgets, forecasts, reports, and operational data in a single system. The software integrates with accounting, HR, CRM, and billing tools to enable budgeting, scenario planning, and cash-flow analysis, helping finance teams build flexible models and make faster, data-driven decisions. The product is designed around products, sales, and personnel rather than traditional accounting charts, thereby linking finance and operations more closely. Since its first funding, the company has secured customers across technology, finance, retail, and energy sectors—industries that value structured financial and operational management. Fintower plans to use its latest capital to further develop its platform and support long-term growth. No revenue, user, or other financial performance metrics were disclosed in the article.

Participated · Equity · Mar 2024

Voi Technology AB operates a shared e-scooter and e-bike service with over 110,000 vehicles across 12 countries. The company, founded in 2018, focuses on data-driven automation and cost-effective operations to improve vehicle gross profit margins. In 2024 Voi introduced its seventh-generation e-scooter and third-generation e-bike, aiming to deliver better energy efficiency, durability, and rider experience. Management has cut the central cost base by nearly 50% since mid-2022 and says it has met profitability targets. 2024 is expected to be a record year for rides and revenues, supporting plans to scale the next-generation fleet. Voi emphasizes partnerships with cities and communities as part of its strategy to integrate micromobility into urban transport networks. Voi operates shared e-scooter and e-bike fleets across Europe, serving consumers and city partners. In 2023 the company logged over 68 million rides and reported revenue growth of nearly 50% over the past two years; gross profit has more than doubled while overhead costs were reduced by almost 50%. Voi achieved its first quarter of positive EBIT at the group level and is focused on reaching full profitability and positive cash flow. With new equity and debt financing, Voi plans to scale its fleet, deploying 3rd-generation e-bikes and 7th-generation e-scooters in spring 2024 and expanding in existing and new markets. The company also intends to intensify sustainability efforts, improve environmental impact, work with cities to increase sustainable mobility options, and maintain safety and leading workplace practices. The conversion of prior convertible notes and the new financing are presented as strengthening Voi's financial position for further growth. Voi operates a shared micromobility platform providing e-scooters and e-bikes across more than 70 cities in 12 countries. The company partners with cities to deliver low-carbon, first- and last-mile transport and has a stated ambition to remove 1 billion car trips from Europe’s roads by 2030. Voi plans to expand into new European markets, add more e-bikes to its fleet, and launch the Voiager 5 e-scooter model in the spring as part of a Vision Zero safety commitment. It intends to have fully electric operational vehicles by early 2023 and to source only European-produced battery cells by 2023 to cut carbon footprint. Voi reported 140% year-over-year revenue growth in 2021, reached 90M+ rides since inception, and claims more than six million users. The company became operationally profitable company-wide in summer 2020 and employs about 1,000 people. Voi operates a micromobility platform offering e-scooters and e-bikes across Europe. It is now the largest micromobility operator in Europe by rides and scooter licenses, serving about 2 million rides per week and holding more than 40% of licensed markets. The company has introduced a computer-vision solution intended to keep riders off pavements and is focusing on parking and safety innovations. The new funding is earmarked for further R&D in e-scooter parking and safety solutions and to deploy more of Voi’s e-bike fleet. CEO and co-founder Fredrik Hjelm said the company will continue to advocate for changes to create more liveable cities. Financially, Voi has raised just over $400 million to date. Voi operates shared electric scooters and e-bikes, providing micromobility services across major European cities. The company focuses on hardware and software integration, safety improvements and fleet efficiency, including swappable batteries and renewable-energy operations. Voi plans to expand its fleet and geographic footprint, roll out its Voiager 4 scooter to more cities, and invest in platform and safety features such as helmet technology, improved lights, location accuracy, brakes, signalling and suspension. The business says it wins over two-thirds of city license tenders and leads in fleet efficiency across markets including Berlin, Oslo and Stockholm, with recent city wins in Birmingham, Liverpool, Bern and Cambridge. Financially, Voi raised more than €132 million in a Series C and secured the industry’s first scaled asset-backed debt facility to finance scooter and e-bike investment in 2021; total funding over the last four months is over €157 million.

Participated · Equity · Mar 2024

Founded in 2018 by Fredrik Hjelm, Adam Jafer, Douglas Stark and Filip Lindvall, Voi Technology runs a shared e-scooter and e-bike service aimed at replacing short urban car trips. Its platform integrates with public transit to reduce congestion and pollution, supporting cities’ net-zero goals. The company has focused heavily on improving unit economics, achieving a significant increase in vehicle gross profit margin after cutting central costs by nearly 50% since mid-2022 and deploying seventh-generation e-scooters and third-generation e-bikes. Voi lost its unicorn status in 2023 but regained a $1 billion valuation in 2024. According to Dealroom, it has raised $491 million to date, including a $25 million mix of equity and debt earlier this year. The latest financing gives the company capital to scale a next-generation fleet in 2025, refinance existing debt and fund general corporate needs.

Participated · Equity · Jan 2022

Orbital Systems develops water-recycling technology for domestic appliances, best known for its 'Shower of the Future' that can deliver up to 90% water savings and 80% energy savings. Founded in Malmö in 2012 by Mehrdad Mahdjoubi from a project between NASA and Lund University, the company holds a global portfolio of more than 100 patents. Its showers have saved one million litres of water since the end of 2014, and it operates showrooms in Malmö, Copenhagen, and Stockholm. Orbital positions itself as the only company on the market able to reduce water consumption without compromising user comfort. The company plans to expand its product offering and accelerate commercial expansion, with the next product slated for launch in 2022. The recent financing will be used to increase the pace of its commercial rollout and broaden its product range. Orbital Systems is a Sweden-based cleantech startup whose main product, the Oas, is a water-recirculation shower system that collects, analyses, cleans, heats and reuses shower water. The company says Oas can save up to 90% of water and 80% of the energy used in showers. Its system analyses water quality up to 20 times per second and purifies water using a micron filter and UV light. Oas also captures data on water quality and usage that can be monitored via a mobile app. Orbital Systems plans to use its recent financing to advance commercialisation of the product and to explore additional applications for its technology. Orbital Systems develops OAS, a closed‑loop shower that recirculates and re‑purifies shower water using filter technology developed in collaboration with NASA. The system can be sold as a retrofit or a new installation and senses when water is clear enough to recycle versus when it must be discarded. Orbital’s filters remove bacteria and other contaminants each cycle, and the looped design reduces heating needs by reheating water rather than heating fresh water. The company claims OAS uses about 5 litres of water for a shower that would normally consume up to 150 litres over 15 minutes. Mehrdad Mahdjoubi is the founder and CEO and frames the tech as conserving resources as on space missions. Mahdjoubi said the company aims to apply the technology beyond showers to other domestic appliances, hinting at products such as a washing machine.