Participated · Series A · May 2026

Founded in 2019 by Mattia Montagna and Hoi-Kwong Lo out of a leading quantum security research group, Quantum Bridge Technologies develops quantum-safe cryptographic solutions centered on its patented Distributed Symmetric Key Establishment (DSKE) protocol. The DSKE protocol enables organisations to generate, distribute, and manage symmetric keys via a decentralized architecture that aims to remove single points of failure, improve scalability, and strengthen long-term cryptographic resilience. The company’s platform is designed to work across existing infrastructure, vendors, and security layers, allowing customers to add quantum-safe protection from optical encryptors to application-level systems without disrupting operations. Quantum Bridge positions its technology as practical and deployable today to address the systemic threat posed by emerging quantum computing. The company has raised a total of $16 million to date, including the recent $8 million Series A, and plans to use the new capital to accelerate global adoption and expand customer deployments.

Participated · Series A · May 2025

Openlayer provides a unified platform for evaluation, observability, and governance of AI systems, supporting both traditional machine learning and generative AI. The platform offers multimodal testing, real-time monitoring, and automated governance within a single workflow and is built for collaboration, including non-technical stakeholders. Openlayer is used to detect data-quality issues, perform complex model evaluation, and operationalize safe, reliable AI in enterprise settings. The company says its development velocity is rapid, having grown nearly 5x in 2024 and on pace to match that growth this year. Openlayer was founded by Gabriel Bayomi, Rishab Ramanathan, and Vikas Nair and is based in San Francisco. The company plans to use new capital to expand enterprise-grade product capabilities and scale go-to-market efforts across key industries and global markets. Openlayer provides a platform for testing and validating machine learning models, enabling teams to verify dataset integrity, surface discrepancies between training and production data, and ensure models meet performance benchmarks. The platform also generates synthetic data for edge-case detection and adversarial testing, tracks versions of models and datasets, and explains model behavior by surfacing which features influenced predictions. Startups through Fortune 500 companies are using Openlayer to uncover unexpected mistakes and diagnose failures. The founding team includes former Apple ML engineers, an ex-Amazon engineer, and a Harvard Design Engineering graduate. Openlayer was named to CB Insights' AI 100 in May 2022. The company plans to use the seed funding to expand its workforce, enhance platform functionality to handle additional ML tasks, build more sophisticated guardrails, and ultimately automate parts of the error-detection and fixing process.

Participated · Seed · Jun 2024

Upword offers an interface-focused research management product that combines traditional research methods with generative AI to improve productivity and rigor. Its core features include an AI-managed content library that auto-tags and vectorizes documents, an AI co-pilot that integrates multiple LLMs (OpenAI, Anthropic, Gemini) to enhance professional content, and Upword Fetch, which recommends web and library materials for projects. The product emphasizes a user-centric, step-by-step research experience to keep users in control while leveraging AI. Led by CEO and founder Roee Barak, the company targets students, academics, and professionals across industries. Upword completed a $3M pre-seed round and plans to use the proceeds for further product development and expansion into additional markets.

Participated · Equity · Jan 2024

Internxt provides zero-knowledge encrypted cloud services such as Internxt Drive and Send and emphasizes client-side encryption that prevents the company from holding decryption keys. The company plans to expand its suite with encrypted communications products — Internxt Meet (video calls), Internxt Mail (email), and Internxt VPN — to launch next year. Internxt has hired several PhD researchers to develop post-quantum encryption algorithms and works with INCIBE on cybersecurity programs. It has grown to more than 30 employees and is targeting about 40 employees by the end of 2024. Financially, Internxt reported its best year to date with revenue above €3M and expects to close 2024 with revenue exceeding €4M. The company has venture participation from Wayra, Notion Capital and Angels Capital and has announced partnerships with PcComponentes and Revolut alongside rapid growth in paying customers. Internxt is a Spanish privacy-as-a-service company that offers a suite of encrypted cloud products including Internxt Drive, Photos and Send, using client-side zero-knowledge encryption plus file fragmentation and distribution. It positions itself as a privacy-first alternative to large incumbents and competes with services such as Google Drive, OneDrive, Google Photos, WeTransfer and privacy-focused rivals like Proton, Nord and Brave. The company grew revenue from €400k in 2021 to over €3M in 2023 and projects more than €4M in 2024, while reporting an 80% gross margin. Internxt’s team has grown to more than 30 employees, and CEO Fran Villalba Segarra retains a 75% ownership stake. The company plans to expand its product suite and strengthen its team in 2024. A recent strategic move included repurchasing 6% of the company from early investor The Venture City, cited as evidence of strong investor returns and company performance. Internxt, founded in 2020, builds distributed internet services and an open-source, blockchain-based cloud storage platform that emphasizes end-to-end encryption and GDPR-compliance to protect user privacy. The company operates a freemium SaaS model that offers 10GB free storage and paid plans ranging from $0.80 to $9 per month for 20GB up to terabyte tiers. Internxt provides web and mobile apps and positions itself as a Google Drive alternative for users seeking data sovereignty. The startup reports 1 million active users and says its revenue and user base grew more than 1,000% in 2021. Internxt generated €4M (~$4.5M) in revenue this year and reports a 90% gross margin. Management says it is using revenue and recent funding to grow sustainably and to establish the company as an anchor platform for Web3 services. Internxt builds a decentralized cloud-storage infrastructure that shards and client-side encrypts files, distributing encrypted fragments across a global network of node operators. Its consumer products include Drive and Photos, with Mail and Send planned and a broader G‑Suite alternative roadmap. The service is freemium (10GB free) with tiered subscriptions and micropayments in crypto to storage providers. The team of ~20 plans to scale headcount to accelerate product development and sustain growth. Operational metrics disclosed: ~1 million active users and roughly 30% month-to-month growth; the stack uses AES-256 client-side encryption audited by S2 Grupo and blockchain-based proofs for node verification. Internxt emphasizes usability to reach mainstream users and positions itself versus Storj, Sia, Filecoin and MaidSafe on privacy, EU data‑protection advantages and interface polish. Internxt builds Internxt Drive, a cloud storage service for individuals and businesses that uses end-to-end encryption and blockchain so only users can view their files. The company was accelerated by Lanzadera and is led by founder and CEO Fran Villalba. Internxt grew its team from 2 employees to 15 by the end of 2020 and plans to double the workforce in the coming months. The company expects to generate €1 million in revenue in 2021. The Angels investment is intended to accelerate growth and hiring in Valencia, where the company operates. Internxt positions itself as a privacy-first alternative to mainstream cloud providers like Dropbox and Google Drive.

Participated · Seed · Feb 2022

BoxyHQ is an open-source "enterprise readiness" platform that provides SAML single sign-on (SSO) and audit log functionality to SaaS apps. After a private beta with design partners it formally launched its SAML Jackson product, which removes the "tedious bits" of the SAML protocol. Co-founder and CEO Deepak Prabhakara says features like SSO or audit logs would take a senior developer six to eight weeks to build but less than a week with BoxyHQ, with maintenance limited to upgrading the library or service. The company plans additional modules including data privacy vaults, role-based access and permissions, directory synchronization, and admin portals, plus industry-targeted features for health and finance. Longer term it aims to bridge compliance and security by enabling developers to map policies to code, add observability, and offer low-code automation for compliance and security policies. Early users include Cal.com, and the company emphasizes an open-source ethos to allow customization and avoid vendor lock-in. BoxyHQ raised $2.5 million in a seed round last October.