Led · Series A · Apr 2026

&Charge provides an operations platform that merges digital monitoring with a decentralized execution layer, using a community of EV drivers and local service partners to collect field data and perform on-site tasks. The platform aggregates field and usage data to prioritize actions, dispatch service partners, and verify resolutions, aiming to reduce downtime and improve the charging experience. The startup currently supports major charging-point operators including Ionity, Electra, and Allego and manages over 50,000 charging points. &Charge is headquartered in Frankfurt. Financially, the company raised €5 million in a Series A led by Warsaw Equity Group with participation from InnoEnergy, Redstone, and Porsche Ventures, and had an earlier investment from InnoEnergy in December 2023. The firm plans to use the new capital to build a control layer for daily operations and to expand across European markets.

Led · Series A · Dec 2025

Founded in 2020, Jutro Medical operates a network of technology-enabled primary care clinics supported by a proprietary electronic health record (EHR) and unified operations platform. Its AI agents automate intake, documentation, and other administrative tasks so clinicians can focus on diagnosis and treatment; these agents already handle thousands of patient interactions each month. The company has grown from a single clinic to an integrated operator that added nine clinics in 2024 and plans roughly 20 acquisitions per year to accelerate consolidation of Europe’s fragmented primary care sector. By running clinics on its own software, Jutro identifies workflows ripe for automation, embedding AI directly into day-to-day operations while still giving patients the option of traditional appointments. The business is positioning itself against industry pressures such as clinician shortages and paper-based workflows that slow access to care. To date, Jutro Medical has raised €36 million, including the latest extension, to finance clinic acquisitions, platform enhancements, and expansion into additional European markets. While revenue figures are not disclosed, the company is targeting pan-European scale in a primary care market that exceeds €200 billion annually.

Participated · Seed · Oct 2024

Oxla offers an analytical database engineered for large-scale data processing with a lean architecture that aims to maximise performance while minimising resource consumption. The company claims query execution speeds up to ten times faster and up to 85% lower costs versus Snowflake, Databricks, and ClickHouse. Developed in stealth since 2020, the product targets data-intensive workloads across IoT, industrial applications, e-commerce, and cybersecurity. Oxla is a 49-person team led by founder/CTO Adam Szymański and co-founder/CEO Kacper Szcześniak and holds three granted patents with three more pending related to query-engine data flow and dynamic execution. The company says it will scale performance toward handling tens of petabytes and hundreds of thousands of queries per second. Oxla has transitioned from a Polish domicile to US legal incorporation in Delaware and plans to build a broader data platform by integrating existing analytics solutions and launching additional products. The newly raised funds will be used to drive commercialisation and further product development.

Led · Seed · Aug 2024

Founded in 2019 and based in Tallinn, UP Catalyst commercialises a molten salt electrolysis process that transforms industrial CO2 into high-performance graphite and carbon nanotubes for EV batteries and other industrial uses. The company claims lower energy use and a very low cradle-to-gate carbon footprint for its carbon nanotubes and battery‑grade graphite, verified by an LCA. In 2024 it opened an in‑house testing and validation facility and a new production plant in Estonia; product performance was validated in large‑scale battery cells using GEN3alpha in 2025. UP Catalyst plans to scale production to 270 tonnes of carbon nanotubes and 1,350 tonnes of green graphite per year by 2027, requiring about 6,000 tonnes of CO2 annually. The company aims to convert 250,000 tonnes of CO2 into carbon‑neutral raw materials by 2030 and was selected as a strategic project partner under the EU Critical Raw Materials Act in March 2025. The business positions itself to supply a significant share of Europe’s projected graphite shortfall as it scales. UP Catalyst produces battery-grade graphite and carbon nanomaterials directly from CO2 emissions using a molten salt electrolysis process. The company claims a very low carbon footprint: 0.07 ton CO2-eq per ton of graphite (20x lower than conventional graphite) and 0.7 ton CO2-eq per ton of carbon nanotubes (242x lower than CVD). It plans to accelerate construction of a first-of-a-kind industrial production unit and develop an industrial pilot reactor designed to process 100 tons of CO2 annually and yield 27 tons of advanced carbon materials. UP Catalyst has begun moving into a new facility adjacent to the Tallinn waste incineration plant to access hard-to-abate CO2 streams and scale production tenfold versus its current setup. Management frames the technology as a pathway to reduce EU dependence on imported fossil-based carbon materials and to provide industrial partners options to utilize CO2 emissions. The company cites a strategic target of utilising at least 200,000 tons of CO2 annually by 2030 as it scales. Up Catalyst develops an electrochemical reactor that converts CO2 in a molten-salt electrolyte into graphite that can be used in lithium-ion battery anodes. The process strips oxygen from CO2 so carbon accumulates on a cathode; the material is then removed and purified. The company can also adapt the process to make carbon nanotubes and graphite tailored for hydrogen fuel cells. Up Catalyst was started in 2019 and is based in Tallinn, Estonia. It highlights the climate and supply-chain rationale for its approach given China's dominance of global graphite supply and the high carbon intensity of Chinese-refined graphite. The startup is scaling its reactor design toward industrial production and aims to reach price parity with existing graphite sources as it grows. UP Catalyst is an Estonia-based deep tech startup developing sustainable carbon nanomaterials and graphite produced from CO2-rich flue gases for use in electric vehicle batteries. The company says its materials increase energy and power density, speed charging and improve battery lifetime, addressing range and charging concerns in the EV market. Founded in 2019 with R&D dating to 2016, UP Catalyst aims to scale by building the first industrial-scale prototype synthesis unit to supply larger volumes as demand already exceeds supply. Its process uses CO2-rich flue gases from heavy industry emitters as feedstock to avoid environmentally harmful conventional carbon production methods. UP Catalyst targets European battery manufacturers and lists potential customers including Tesla, Northvolt and CATL. Financially, the company secured a €1.59M grant from EIT RawMaterials earlier this year and closed a €500k pre-seed round, bringing total funding to €2.09M. The company plans to use the funding to accelerate production, expand R&D, and grow the team. Founded in 2019 and based in Estonia, UP Catalyst has developed a novel process to produce oxygen from the Martian atmosphere while converting the carbon monoxide byproduct into carbon nanomaterials. The company’s method operates at similar temperatures to NASA’s MOXIE experiment but differs by reprocessing CO into materials rather than emitting it. The produced nanomaterials could be used in batteries, ultracapacitors, conductive and strengthening coatings, polymer formulations and water filters for space applications. UP Catalyst says this approach enables a more sustainable use of both oxygen and carbon byproducts on Mars. The startup received €50,000 of seed funding from the 2021 ESA BIC programme for business and product development. In addition to funding, UP Catalyst receives technical support from the European Space Agency and hands-on mentoring from field-specific experts. The company is positioned to scale up its production method to support future human missions to Mars.

Led · Series A · Mar 2022

Nethansa is a Poland-based SaaS platform that automates and optimises sales and logistics processes for e-commerce players. Its platform analyses competitors’ offers and optimises product prices to increase customers’ margins, and the company provides comprehensive account management support. It serves players such as Amazon and Kaufland and supports end customers in six languages. Over 100 companies are already using the tool, which has been licensed by Amazon. The startup plans to expand internationally, targeting entry into the Danish and Swedish markets and eventual broader European coverage. The newly raised capital will be used to drive product development and its international expansion. Nethansa develops Clipperon, an AI-powered sales and logistics automation platform that automates listing uploads, price management, inventory and order handling for Amazon sellers. The company is a certified provider on the Amazon Service Provider Network and Marketplace Appstore and says clients sold €45M worth of goods on Amazon in 2019–2020. Nethansa reports monthly revenues of over €100,000 and a growth rate of over 250% from 2019 to 2020, and it serves close to 100 clients across Poland, Germany, Czechia and the UK. The startup has a team of more than 40 employees and works on a monthly fee plus commission pricing model. Management is preparing a SaaS version of Clipperon to accelerate international expansion and plans to expand services to platforms beyond Amazon (e.g., real.de). The company has received an EU grant of approximately €250,000 and has applied for an additional grant related to AI-based price forecasting.