Austria Wirtschaftsservice (aws) is a government-owned promotional bank established in 1954 to support and finance companies in Austria. It manages the aws SME fund, the largest Austrian fund for silent corporate investments and equity provision, with a current endowment of EUR 80 million. The fund supports medium-sized companies by providing fresh capital for product development, sales growth, or international expansion. Additionally, aws operates aws i2 Business Angels, a matching service connecting start-ups with investors. This service screens around 700 projects annually, presenting eligible start-ups to investors in standardised "Investment Summaries". The start-ups must have a product or service already on the market, a competitive advantage, scalability, and a clear unique selling proposition. The investors involved include Business Angels, Family Offices, Seed Funds, and strategic investors. aws supports companies by securing project financing and managing its assets through its board of directors.
Aitiologic, an Austrian company, specializes in precision medicine. It develops artificial intelligence-driven solutions aimed at identifying diseases in their early stages and providing personalized treatment options. The company employs multi-omics technology to analyze cellular health at a molecular level, enabling more accurate non-invasive prenatal and oncology testing, and ultimately aiding healthcare professionals in enhancing patient care.
JENTIS
Seed Round in 2022
JENTIS is an Austrian technology company specializing in server-side tracking solutions that enhance data quality and sovereignty while ensuring compliance with data protection regulations. By providing website operators with the ability to capture up to 50% more data for analytics and advertising systems, JENTIS empowers them to maintain full control over their raw data. The company's innovative approach allows for individual user tracking without compromising user privacy, facilitating advanced analytics and artificial intelligence applications. JENTIS represents a significant shift in data ownership and management, enabling users to orchestrate their proprietary data effectively.
Hydrogrid
Grant in 2020
HYDROGRID GmbH, founded in 2016 and based in Vienna, Austria, specializes in software solutions for optimizing hydropower plant management and energy dispatch. The company offers a SaaS platform that utilizes machine learning algorithms for hydrological forecasting and energy marketing, enabling power plant owners to align their production with market demands. This approach not only enhances revenue potential but also streamlines complex processes such as power trading, grid management, and water management. By reducing the operational workload for businesses, Hydrogrid facilitates a more efficient and effective management of renewable energy generation.
digna
Grant in 2020
Established in Austria in 2020, digna GmbH excels in crafting artificial intelligence-driven software for data warehouses. Bringing together a cadre of globally recognized machine learning specialists and data warehouse experts, the company is committed to reshaping the data warehouse industry through its AI-centric offerings. Striving to connect academic insights with real-world applications in data management, Digna serves as a state-of-the-art platform for Data Quality & Observability. Utilizing sophisticated AI algorithms, Digna assures data precision, uniformity, and dependability. Through a concerted focus on innovation and partnerships with scientific researchers, digna aims to advance the field substantially.
Monkee
Grant in 2019
Monkee is a financial application that merges personal finance management with loyalty programs to help users save money for their priorities while shopping. Founded in Austria, Monkee's app encourages users to save by consciously purchasing the items they need, offering a more rewarding experience than traditional cashback programs. The application leverages behavioral design, gamification, and machine learning to promote financial wellness, allowing users to balance saving and spending sustainably. Additionally, Monkee aids retail partners in engaging consumers meaningfully based on their saving and purchasing habits, significantly enhancing sales conversion and customer retention. The company promotes the concept of "Save now Buy Later" as a responsible alternative to "Buy now Pay Later," aiming to redefine consumer spending habits in its initial markets of Germany and Austria.
BrightComSol
Seed Round in 2019
BrightComSol is a deep tech spin-off established in Vienna, Austria, in March 2020, focusing on the development of advanced X-ray scintillators utilizing innovative metal halide materials. The company produces a proprietary resin formula that enhances X-ray image quality by integrating green perovskite quantum dots into a polymer matrix, creating a thin-film scintillator. This technology converts high-energy X-ray photons into green light, leading to sharper images with improved resolution and faster response times. BrightComSol's roll-to-roll manufacturing process allows for the production of flexible and shock-resistant X-ray films of various sizes, catering to the needs of radiological original equipment manufacturers (OEMs) and contributing to advancements in the X-ray imaging industry.
Seven Bel
Seed Round in 2018
Seven Bel GmbH, founded in 2018 and located in Leonding, Austria, specializes in the development and manufacturing of sound scanners designed for both industrial and private use. The company’s innovative technology enables users to visualize and analyze acoustic images through wireless sensing and high-performance cloud computing. Its products simplify the workflow for measuring and analyzing acoustic issues, allowing for the generation of automated reports that can be easily shared among colleagues, partners, and clients. Seven Bel’s solutions find applications in product engineering, building acoustics, environmental noise assessment, and confined spaces. In addition to its measurement devices, the company also provides acoustic consulting services to further assist clients in addressing their acoustic challenges.
BrightComSol
Pre Seed Round in 2018
BrightComSol is a deep tech spin-off established in Vienna, Austria, in March 2020, focusing on the development of advanced X-ray scintillators utilizing innovative metal halide materials. The company produces a proprietary resin formula that enhances X-ray image quality by integrating green perovskite quantum dots into a polymer matrix, creating a thin-film scintillator. This technology converts high-energy X-ray photons into green light, leading to sharper images with improved resolution and faster response times. BrightComSol's roll-to-roll manufacturing process allows for the production of flexible and shock-resistant X-ray films of various sizes, catering to the needs of radiological original equipment manufacturers (OEMs) and contributing to advancements in the X-ray imaging industry.
Valanx Biotech
Grant in 2017
Valanx Biotech GmbH, founded in 2017 and located in Klosterneuburg, Austria, specializes in the development and manufacture of synthetic programmable amino acids, particularly Norl. The company has created SnapIt, a reactive amino acid that facilitates the conjugation of antibodies with medicines, resulting in antibody-drug conjugates aimed at treating cancer. In addition to cancer therapy, Valanx's products are utilized for PEGylation of therapeutic peptides and proteins, as well as for the directed and oriented immobilization of biocatalysts and biosensors. The company also offers on-demand bioanalytics and mass spectrometry services. Valanx Biotech's site-specific protein conjugation platform aims to streamline the development of protein-drug conjugates, making the process faster and more cost-effective, ultimately allowing healthcare providers to produce receptor proteins with specific chemical modifications.
Nuki Home Solutions
Seed Round in 2016
Nuki Home Solutions GmbH specializes in manufacturing smart door locks that enhance access control through GPS and Bluetooth technology. Based in Graz, Austria, the company provides applications for both iOS and Android devices, allowing users to manage their door locks conveniently from their smartphones. Nuki aims to eliminate the need for physical keys by offering innovative solutions, positioning itself as a leading supplier of smart home technologies in Europe. Its flagship product, the Nuki Smart Lock, can be easily installed on the interior of existing door locks and is recognized as Europe’s first Bluetooth Smart Lock with continuous Internet access. This smart lock automatically unlocks when an authorized user approaches and can be locked with a simple button press, ensuring maximum convenience for customers. Nuki operates primarily in the DACH region, France, the UK, BENELUX, Spain, and Italy, while also exploring expansion into additional European markets.
TeamEcho
Grant in 2015
TeamEcho GmbH is a company based in Linz, Austria, that operates a software-as-a-service (SaaS) tool designed to measure employee sentiment. Founded in 2015, TeamEcho provides a feedback platform aimed at improving staff retention within organizations. This online platform functions as a continuous mood barometer for employees, allowing managers and human resources to monitor and respond to workplace morale. By utilizing TeamEcho's services, businesses can potentially lower staff turnover and absenteeism, leading to reduced costs and enhanced employee loyalty. The platform is tailored to support managers, employees, and HR professionals in fostering a more engaged and stable workforce.
kompany
Grant in 2012
kompany is a RegTech platform specializing in global business verification and Know Your Customer (KYC) solutions. Founded in 2012 and headquartered in Vienna, Austria, with additional offices in Singapore and the UK, kompany offers real-time access to primary source, time-stamped company information from over 150 jurisdictions. Its services include an API and a shareholder identification tool known as UBO discovery, which help financial institutions, payment service providers, insurers, and other regulated entities automate their due diligence processes. As a licensed clearing house and official distributor of business registers in various countries, kompany supports clients in adhering to the latest anti-money laundering regulations. The company boasts a diverse team of developers, regulatory experts, and product managers dedicated to enhancing business compliance and verification.
Themis Bioscience
Seed Round in 2009
Themis Bioscience N.V. is a clinical-stage biopharmaceutical company based in Vienna, Austria, specializing in immunomodulation to develop products aimed at protecting against infectious diseases. Founded in 2009, the company’s lead candidate, MV-CHIK, has successfully completed Phase II clinical trials for chikungunya treatment. Themis is also advancing vaccines targeting other infectious diseases, including Zika virus, Lassa fever, and MERS, along with developing therapeutics for cancer. Themis has established a research collaboration and exclusive licensing agreement with Merck & Co., enhancing its capabilities and market reach. The company is focused on progressing its innovative vaccine candidates through various clinical development phases while positioning itself as a valuable partner in the biotech and pharmaceutical sectors.
KINAMU Business Solutions
Series A in 2007
KINAMU Business Solutions AG, founded in early 2007 as a spin-off from SAP, is headquartered in Schwechat, Austria. The company specializes in providing enterprise resource planning and customer relationship management software solutions tailored for small and medium-sized enterprises. With a team of founders who possess 10 to 20 years of experience in the international IT sector, KINAMU emphasizes agility and flexibility, as reflected in its name, which means "agility" in Kiswahili. The company offers a comprehensive suite of services, including software, server hardware, and ongoing software maintenance and implementation support, aiming to enhance operational efficiency for its clients.
ON DEMAND Microelectronics
Series A in 2005
ON DEMAND Microelectronics AG, a fabless semiconductor company, provides integrated semiconductor solutions for the portable multimedia, mobile digital television, and home entertainment markets. It offers video/audio processing products for mobile applications, such as smart phones, MP3 players, digital cameras, portable games consoles, and video conferencing systems; and high definition television and video processing devices, including video and image processing for mobile digital television and home entertainment systems, as well as multimedia streaming devices. The company operates in Europe, the United States, and APAC, as well as in Japan, China, Taiwan, and Korea. ON DEMAND Microelectronics AG was founded in 2003 and is based in Vienna, Austria. The company has corporate, research, and development offices in Silicon Valley and Austin, as well as in Bangalore, India.
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