Participated · Equity · Apr 2024

FilmChain provides a digital Collection Account Management (CAM) platform that collects and allocates revenues transparently and in near real-time for the global screen industries. The company also offers a royalties management system for enterprises, including digital distributors, broadcasters and studios. FilmChain serves nearly 2,000 clients across Europe and Australia. The platform is used to manage payments for films and TV stakeholders and to streamline revenue distribution. The company plans to use new funding to expand operations and extend its business reach into North America.

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.

Led · Equity · Nov 2019

Machinations.io provides a browser-based toolset that lets game designers express game systems and run large-scale simulations to generate millions of gameplay progression data points. The platform serves premium, free2play, and play2earn games and is used by 35,000+ professionals and 400+ academic institutions. Machinations has a fast-growing open community and is rolling out integrations with popular telemetry providers and markets. The company intends to use new capital to hire and develop powerful new features. Co-founder & CEO Mihai Gheza described the vision as a future where systems, architects, and data speak the same language and predict collectively. Founded in 2018 and operating from Luxembourg, Machinations aims to become the standard for game-economy modelling, forecasting, and optimisation. Machinations offers a visual, drag-and-drop platform that lets game designers architect scenarios, simulate thousands of games and generate heatmaps forecasting gameplay outcomes and revenue impact. The system implements academic research by Joris Dormans and was commercialized by a team led by CEO Mihai Gheza. It has 8,000 registered game‑development professionals and is taught in over 50 universities, including Cornell and Columbia, despite the company having spent no money on advertising or marketing. Machinations was ideated in 2014 and officially launched in fall 2018; the company is incorporated in Luxemburg and completed the Fit4Start accelerator. The product is positioned to address a $140 billion games market and the team envisions applying its simulation language to other chaotic systems such as logistics, aviation and energy. The company has received earlier funding from Seedcamp and recently won a €125K Startup Spotlight award, which bolsters its early commercial traction.