Participated · Equity · Mar 2026

Founded in 2017 as a spin-off from Graz University of Technology, Austria-based VALANX Biotech engineers site-specific protein conjugations through its proprietary GoldenSite platform. The technology enables precise, reproducible attachment of therapeutic payloads to antibodies, aiming to widen the therapeutic window of antibody-drug conjugates (ADCs). VALANX’s lead program, VLX-ADC-001, targets the LIV-1 protein frequently expressed in metastatic triple-negative breast cancer, a tumor type with limited treatment options. The company intends to complete candidate selection for VLX-ADC-001 by June 2026 and to bring GoldenSite to GMP readiness for future clinical work and partnerships. Beyond the lead asset, VALANX plans to apply GoldenSite to additional ADC and protein-conjugate programs and to seek collaborations with other ADC developers. The most recent €3 million financing strengthens its balance sheet for preclinical studies, manufacturing scale-up, and business development activities. Key backers include strategic investor FUJIFILM Corporation, oncology-focused Foundation Fournier-Majoie, and repeat supporters such as xista science ventures, Tecnet Equity, and SOSV.

Led · Seed · Jan 2026

Sipfront is a Vienna-based software startup focused on automated testing and monitoring of telecommunications infrastructure and voice-AI services. Its cloud platform can simulate millions of voice calls and conversational interactions, enabling operators and enterprises to validate voice quality, connection security, and the correctness of AI-driven communication flows before they reach end users. Current customers include telecom operators and voice-AI providers such as Parloa, NFON, and Cloudtalk. The company plans to channel new capital into bolstering its enterprise-grade voice-AI features and expanding its automated quality-assurance technologies. Sipfront positions itself as a critical quality-assurance layer as carriers and software vendors migrate to AI-enhanced voice services. Financially, the business has just secured a €1.8 million seed round, giving it fresh resources for product development and go-to-market execution. No revenue or user metrics were disclosed in the article.

Participated · Equity · Oct 2023

Shopstory is a Vienna-based, AI-driven online shop marketing software founded in 2020 that helps small and medium-sized e-commerce businesses optimize advertising and drive more traffic. The company provides a no-code platform that enables online stores to automate processes that deliver performance. It is preparing to launch Shopstory Flowbuilder (formerly Project Pulse), a drag-and-drop no-code workflow builder to automate repetitive e-commerce marketing tasks with pre-made and user-generated flows. Shopstory raised €2.0M in equity in October 2023 and will use the capital to expand across the European market and to finalize development of the new product. Investors in the round include venture funds and a group of business angels, supporting the company’s planned European expansion and product rollout. Shopstory provides a no-code SaaS platform that uses AI to automate marketing tasks, keyword research, Google Ads and SEO optimization for online shops. The product is positioned to replace marketing agencies, reduce costs, and improve profitability for eCommerce merchants. Shopstory centralizes data into a large data hub to drive automated growth and performance improvements. The company operates in four European countries and has stated plans for further expansion. With the newly secured capital, Shopstory plans to expand its team by recruiting experienced leaders. The company was founded in 2020 by Sebastian Schwelle and Robert Böhm; Schwelle serves as co-founder and CEO. Shopstory offers a SaaS product that acts as an intelligent performance marketing assistant for online retailers, using AI to boost sales, profitability, visibility and competitiveness. The tool supports SEO and search advertising (e.g., Google Ads), automates keyword research, monitors competitors, provides campaign and content input, and generates intuitive performance reports. The startup says its customers achieved over a 20% increase in return-on-advertising-spend (ROAS) despite an overall ecommerce market decline of more than 40% in the first half of 2022. Shopstory was founded in 2020 (previously known as boomerank) and is led by CEO Sebastian Schwelle alongside cofounders Robert Böhm and Roman Schweiger. The company plans to use new capital to further develop its software in business intelligence and to pursue geographic expansion.

Led · Equity · Sep 2023

Greenwood Power is an Austrian manufacturer of power and voltage sensors for gas- and air-installed local substations. Its patented sensors aim to reduce grid destabilisation caused by production and demand fluctuations. The company emphasises retrofit applications and a cost-effective 3D‑printing manufacturing process. Greenwood is researching a system for sending sensor data to a central processor to automatically detect deviations and notify grid operators. It reports revenues of €10 million and an export share of 99 percent. The firm expects to quintuple its global market share to 10 percent and reach profitability soon.

Participated · Seed · Nov 2022

Sarcura has developed a silicon chip technology with engraved microfluidic channels and integrated photonics to automate, miniaturize and add real-time control to cell therapy manufacturing. The cartridges are designed to enable robust engineering of CAR‑T and other cellular treatments, allowing scientists to control, manipulate and automate drug design in real time. The company positions its tech to reduce manufacturing costs and enhance control during cell selection and engineering. Sarcura cites a crowded pipeline of 1,400+ CAR‑T candidates and argues many will be unsustainable without lower-cost production tools. The team says the cartridges have multiple uses across cell therapy development and manufacturing workflows. The startup was formed two years ago and is based in Austria.