Participated · Equity · Sep 2019

Freeda is a media brand founded in September 2016 by Andrea Scotti Calderini and Gianluigi Casole that focuses on spreading real women’s stories. The company builds content for platforms where younger generations spend time—Facebook, Instagram, YouTube and LinkedIn—and reports more than 5M women engaging with original content every day and a global reach of over 70M people monthly. Freeda reaches 80% of Italian and Spanish women aged 18–34 each month and is the #1 global female media brand on Instagram for engagement and interactions. Its team is about 160 people across Milan, Madrid and London. With the $16M Series B close, Freeda plans to expand beyond Italy, Spain and South America, opening an office in London and launching in the UK and other English-speaking markets. The company will invest in growing its B2B media model with a focus on premium branded content, offer a 360° strategic approach to brand partners, and enter the physical product business with a Direct-to-Consumer brand planned for 2020.

Participated · Series A · Jul 2019

Dott offers shared e-scooter and e-bike services, giving urban riders access to convenient, environmentally friendly transportation. After merging with TIER in 2024, the combined company now serves more than 400 cities in 21 countries and has captured over €60 million in annual cost savings, enabling adjusted EBITDA profitability. In 2025, Dott recorded a 10 percent year-over-year increase in rides per rider, and half of all trips now occur through its ride-pass subscription. Management plans to deploy a next-generation fleet starting in 2026, aiming for greater range, lower maintenance costs, and improved affordability. New capital will finance these vehicles, refinance existing debt, and fund general corporate purposes. Dott’s focus on operational efficiency and pass adoption underpins its roadmap to profitable growth. The company also intends to list its newly issued bonds on Nasdaq Stockholm to broaden its investor base.

Participated · Equity · Mar 2019

Keatz operates delivery-only cloud kitchens that produce a portfolio of eight food brands sold exclusively on existing platforms such as Deliveroo, UberEats, Glovo, JustEat, Delivery Hero and TakeAway. The kitchens are typically 100–200 square metres, serve a 1–2 kilometre delivery radius and are designed to prepare dishes that withstand at least a 15-minute journey. Keatz emphasizes automation in kitchen operations today (Wi‑Fi‑connected convection ovens and software-supported food assembly) and plans to iteratively build more highly automated kitchens by partnering with equipment and automation companies. The company positions its network as a lower-front-of-house‑cost alternative to traditional restaurants and focuses on food designed specifically for delivery. Keatz was launched in spring 2016 and is Berlin-based; it now operates 10 cloud kitchens across Europe, including Amsterdam, Madrid, Barcelona and Munich. The startup employs around 200 people across its kitchens and recently raised additional funding to support further European roll-out. Keatz operates a portfolio of 10 delivery-only food brands prepared in local, highly automated assembly kitchens. Its menu includes salads, burritos and Thai curries, and products are sold exclusively through platforms such as Deliveroo, Delivery Hero, UberEats and Glovo. The company does not offer seating or pickup services, focusing solely on delivery and delivery economics. On average its meals are prepared in less than 10 minutes, which it says enables shorter delivery times for customers and superior unit economics for platform partners. Founded in 2016 and based in Berlin, Keatz currently runs kitchens in Berlin, Barcelona and Madrid and plans to open additional kitchens in Frankfurt, Munich, Milan, Amsterdam and Paris in the coming months. The company has raised funding to support its European expansion.

Participated · Series B · Dec 2018

TransferGo is a U.K.-based fintech that operates a consumer platform for global remittances, emphasizing fast, consumer-centric transfers. Its product promises around 90% instant settlements and 24/7 instant capability, and the company highlights user-facing features such as strong Trusted Reviews. Management says the business has been profitable over the past year, with limited burn mainly from marketing, and still holds proceeds from its prior funding. TransferGo plans to use new capital to accelerate expansion across the Asia‑Pacific region and win customers from incumbents. The company faces competition from large players like Western Union as well as newer challengers such as Remitly and Wise. TransferGo has addressed regulatory issues after receiving a €310,000 fine from the Bank of Lithuania for AML failings and reports it closed procedural gaps and received positive feedback following mediation. TransferGo is a UK-based money transfer fintech founded in 2012 that connects more than 3.5 million customers across 160 markets. The company focuses on remittances and cross-border payment options for migrants and international senders. TransferGo recently completed a €6 million secondary share sale to bring in Nordic and Baltic investors and to support its expansion. The firm plans to scale its workforce, open new offices, launch new send and receive markets, and build additional pay-out options. TransferGo announced a $50 million Series C in September of the prior year and cites the World Bank estimate that the global remittance market is worth over $500 billion. CEO Daumantas Dvilinskas said the transaction both returned capital to stakeholders and strengthened the company’s position for further expansion and payment innovation. TransferGo is a cross-border remittance service that connects 3.5 million customers across 160 markets. It has processed over 13.5 million international and local transactions, representing roughly USD 6 billion in aggregated volume. The company has demonstrated consistent 80% year‑over‑year growth since launch. Since launching in 2012, TransferGo has grown to a workforce of over 200 people. The new funding is intended to expand the customer base across Europe and further develop the product offering to support ambitious growth targets. VEF describes TransferGo as one of its early investments and its third-largest holding, reflecting continued investor support. TransferGo began in 2012 as a money-transfer service and has since shifted its focus to real-time cross-border payments and remittances. The platform serves consumers, SMEs and enterprise clients and now has over 2.5 million customers. The company offers instant payments and has expanded its geographic reach, announcing launches in 11 new markets including Japan, New Zealand, Saudi Arabia, Singapore and Ghana. TransferGo recently partnered with Visa to enable global pay-out to cards. Management (CEO and co-founder Daumantas Dvilinskas) is pursuing further international expansion. Financially, the company has completed multiple financings this year to support growth and market entry. TransferGo is a London-based international money transfer service founded in 2012 that focuses on fast remittances, primarily serving migrants who send money home. It positions itself as one of the fastest services, offering cross-network transfers and claiming to guarantee pan‑European deliveries within 30 minutes. The product features multiple pricing tiers (free/low-cost for slower transfers and paid options for guaranteed arrival times) and a white‑label "Remittances as a Service" API for MSBs, banks and marketplaces. TransferGo says it has surpassed two million customers and facilitated more than seven million transactions. The service can send money to over 65 destination countries and from 33 origin countries, and the company has launched in 11 new markets including Japan, New Zealand, Saudi Arabia, Singapore and Ghana. TransferGo reported 30% growth over the COVID‑19 lockdown period and a significant uptick in daily remittances, with fast growth in markets such as India, Turkey, Ukraine and Nigeria.

Participated · Series D · Nov 2018

Festicket operates an online marketplace for festival tickets and travel packages, letting users buy tickets and book hotels and transfers, discover festivals via Spotify, and search by artist, festival type, or country. Founded in 2012 in the UK, the platform reports more than 2.5 million active users across 100+ countries and partnerships with about 1,200 festivals. Festicket maintains offices in London (headquarters), San Francisco, Amsterdam, Berlin and Porto. The company positions itself as one of the world’s largest festival-ticketing platforms and sells tickets for major Spanish festivals such as Mad Cool, Primavera Sound and FIB. The recent fundraising is intended to support international expansion and to improve the user experience. No financial metrics beyond the fundraising and user/partner counts are disclosed in the article. Festicket operates an online marketplace for festival tickets and travel packages, covering more than 1,200 music festivals globally. The platform works with a network of over 4,000 travel and accommodation suppliers and has served more than 2 million travellers since launching in 2012. Headquartered in London, Festicket also has offices in Amsterdam, Berlin, Porto, and San Francisco. The company plans to use its latest capital to fuel expansion into North America and Asia. Financially, Festicket raised $10.5 million in the current round and has raised a total of $24.2 million to date. Board changes tied to the round include the addition of Eyal Malinger of Beringea and Treatwell’s COO Ben Leaver. Festicket operates an online marketplace that enables music fans to discover and book festival tickets and bundled travel packages (tickets, accommodation, travel and add‑ons). The platform lists 500+ music festivals across 40 countries and connects to a network of 1,000 suppliers for accommodation and travel. It reports a community of 900k+ fans, 2M unique monthly visitors and has served 250,000+ travelers from 120 countries. Led by CEO Zack Sabban and CPO Jonathan Younes, Festicket aims to expand its operational and marketing efforts to grow its live music fan community, supplier base and global brand. The company plans to deploy native‑speaking teams and local offices to each market. Festicket has raised $6.3M in the reported round and $9.68M in total to date. Festicket operates a discovery and booking platform that lets users browse a curated directory of music festivals and purchase package deals that include tickets, transport and accommodation. The product combines festival event curation, social features and a festival-related travel booking engine. The company aims to simplify the process of attending festivals and open the market to a wider audience by consolidating multiple providers into a single purchase. Festicket plans to use new capital to accelerate international expansion, grow the team and further develop product features such as inspirational content and recommendation tools. Founders Zacharie Sabban (CEO) and Jonathan Younes (CTO) launched the company in early 2012. In terms of traction, Festicket works with more than 200 music festivals globally—including Tomorrowland, Ultra Europe and Leeds & Reading—and claims over 300,000 festival-goer members. Festicket operates a consumer-facing site that lets users browse a curated directory of music festivals and purchase single-package bookings that include tickets, transport and accommodation. The company also offers a B2B white-label product that powers festival sites, deepening partnerships and enabling sales directly on official festival websites. It partners with more than 40 top music festivals across Europe and generates revenue by taking a 20% commission on each element of the packages it sells. Festicket reports an average basket price of around €290 and says it has 27,000 active members, 73% of whom are from the UK, France and Germany. The startup plans to use the new capital to further develop the platform, extend its product range, bolster sales and marketing (including key hires) and accelerate European expansion. Founded in early 2012, the company is building both consumer and B2B distribution channels to widen access to the festival market.