Astrec Invest

Astrec Invest is a venture capital firm founded in 2005, with offices in Stockholm, Sweden, and Estonia. The firm focuses on early-stage investments in technology and life sciences startups, providing financial support as well as valuable resources such as time, expertise, and a robust network. Astrec Invest prioritizes collaboration with entrepreneurs to enhance the potential for success in their portfolio companies. The firm adopts a hands-on approach, working closely with management teams to leverage their experience and advisory connections, which they believe significantly contribute to the growth and development of the businesses they invest in.

Sven Reppo

Partner

12 past transactions

Wwwash

Angel Round in 2017
Wwwash is an IoT platform that increases revenue for car washes by collecting customer data via Wwwash App, then using it to deliver automated marketing notifications, start Unlimited Plans and Referral Campaigns.

Timegate

Angel Round in 2017
TimeGate Instruments is a first tech company worldwide to commercialize Timegated® Raman technology. The Timegated® technology is based on tens of years of research in several Finnish research institutes and it is utilizing the patented technologies from that work. Timegate Instruments’ overall long-term objective is to become a solution provider and to provide fully calibrated analytical instruments for their customer needs.

Planet OS

Venture Round in 2017
Planet OS Inc. is a big data company based in Sunnyvale, California, focused on providing tools that enable organizations, particularly in the renewable energy sector, to efficiently organize, analyze, and share data assets. Founded in 2012 by Estonian technologists, the company offers several key products, including Data Manager for real-time ocean, air, and climate data, Data Studio for map-based data exploration and visualization, and Data Browser for navigating and understanding data relationships. Planet OS's solutions are utilized across various domains, including offshore and maritime industries, aerial and land operations, and remote sensing. The company's technology supports significant renewable energy projects, exemplified by its role in the operation of the world’s second-largest offshore wind farm. Planet OS was formerly known as Marinexplore Inc. until its rebranding in June 2014 and has been a subsidiary of Intertrust Technologies Corporation since August 2017.

Warren

Angel Round in 2016
Warren is a self-service cloud platform tailored for regional infrastructure service providers, aimed at enhancing the management of e-commerce projects across various local data centers and hosting providers. The platform offers a comprehensive suite of features, including automated maintenance and streamlined DevOps processes, which facilitate efficient feature testing and management across diverse platforms. By enabling these service providers to collaborate, Warren supports the creation of a decentralized network that delivers a cohesive cloud experience. Its modern, reliable architecture positions it as a valuable solution for organizations looking to compete effectively in the global market.

Xolo

Angel Round in 2016
Xolo is focusing on 40 million professionals globally who have chosen to run their business independently. Its aim is to reduce time spent on business administration to near zero by offering an incredibly simple online platform that merges company formation, banking, accounting, and other services. Xolo is the quickest and easiest way to launch and run a one-person freelancing business in Europe. Its largest markets are Germany, Spain, France, the UK, Ukraine, and Turkey. Xolo's typical customers are software developers, management consultants, designers, or other independent professionals.

Snabb

Angel Round in 2015
Snabb, operating under the name Barking LLC, is a company based in Tallinn, Estonia, that provides a digital platform connecting drivers and merchants for various car-centric services, including parking, car washing, and toll collection. Founded in 2015, Snabb addresses the challenges posed by traditional offline payment systems for these services, which can be time-consuming and costly for both parties. By facilitating mobile payments and offering monthly subscription options for drivers, the platform streamlines these transactions. Additionally, merchants benefit from internet-enabled marketing tools and opportunities for revenue growth, allowing them to adapt to the increasing consumer preference for e-commerce solutions.

Qminder

Angel Round in 2014
Qminder OÜ, founded in 2011 and based in Tartu, Estonia, specializes in queue management solutions through its cloud-based platform, Qminder Connect. This smartphone application allows businesses to manage queues remotely using iPads, Macs, or other external screen devices. Qminder offers a range of services, including visitor management systems, automated patient queuing, click-and-collect systems, and service intelligence, catering to various industries such as retail, telecommunications, healthcare, education, and government. The platform is designed to enhance the customer experience by reducing wait times, enabling customers to shop rather than stand in line, ultimately aiming to boost sales and customer satisfaction. Qminder has gained the trust of numerous high-profile clients, including major telecom retailers and customer service locations for companies like Uber, Lyft, and eBay.

Vincent Holding

Angel Round in 2014
Vincent Holding is a sales and distribution company of different consumer products.

Monese

Angel Round in 2014
Monese Ltd. is a digital banking alternative based in London, United Kingdom, that provides mobile-only, multi-currency accounts across 31 countries in the European Economic Area. Founded in 2015 by Norris Koppel, the platform caters to individuals and businesses who face challenges with traditional banking, offering a fully localized banking experience in 14 languages. Monese allows users to manage their finances through a mobile application that facilitates quick account opening without credit checks or residency restrictions. Its services include current accounts for money storage and payments, local and international transfers, and debit cards for purchases and cash withdrawals. The company's innovative "Know Your Customer" technology enables real-time identity verification, allowing users to set up accounts in just minutes.

Plumbr

Angel Round in 2014
Plumbr makes Java applications faster and more reliable. It builds upon world class algorithms (patent pending) and crowd sourced knowledge base to effectively verify that your Java Java application does not have performance bottlenecks. It understands the architecture of the monitored application and interprets metrics in the context of that application. Should the application have performance threats, Plumbr's unique approach traces the reasons down to source code or environment configuration and creates human readable detailed instructions that help engineers solve the problems fast. Without Plumbr, such problems typically take weeks of engineering effort to understand and fix.

Pilvio

Angel Round in 2014
Developer of a data cloud platform designed to help users host any kind of information technology services. The company offers technology to deploy containers and virtual machines, and create an object storage space manually according to developers' and users' needs without unpredictable monthly charges, enabling developers to automate processes, keep track of their costs, and also save time with resource cloning and create new projects in minutes.

GrabCAD

Venture Round in 2014
GrabCAD is a mechanical engineering community founded in 2009, headquartered in Boston, USA, with a development team based in Estonia. It serves as a platform for engineers, designers, manufacturers, and STEM students to share talent, expand knowledge, and collaborate. The company provides a free CAD model library and hosts engineering competitions, fostering engagement and innovation within the engineering community. Additionally, GrabCAD offers printing solutions that streamline the design and 3D printing workflow, helping clients efficiently manage print requests and reduce associated time losses.
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