ETF Partners

ETF Partners is a London-based investment firm that backs European companies in sustainable technology and environmental services. It provides capital and operational experience to talented entrepreneurs and management teams, aiming to drive value through Sustainability Through Innovation. The firm targets private equity investments across Western Europe and works with a diverse investor base that includes institutional investors, global corporations, and family offices. By funding companies at the forefront of environmental technologies, ETF Partners supports growth and scaling of sustainable solutions. The firm has raised funds for Environmental Technologies strategies, including a third Environmental Technologies Fund closed at about £167 million in 2020.

Kimmo Korpela

Venture Partner

Kimmo Korpela

Venture Partner

Arne Morteani Ph.D

Partner

Lucy Rands

Partner

Tomer Strikovsky

Partner

Jarkko Virtanen

Venture Partner

83 past transactions

Fairly Made

Series A in 2025
Fairly Made is a company focused on promoting sustainability within the textile industry by assisting brands in offering eco-friendly garments and accessories. It specializes in measuring the environmental and social impact of products, providing valuable insights that empower brands to make informed decisions. Through its tools and resources, Fairly Made enables companies to effectively reduce their environmental footprint and improve social conditions for workers in the fashion supply chain. By placing corporate social responsibility at the forefront, Fairly Made drives meaningful change within the apparel sector, aiming to enhance the overall impact and commitment of brands toward sustainable practices.

Nodes & Links

Series B in 2025
Nodes & Links empowers organizations across various domains by taming project complexity. Its AI-powered platform forecasts and manages risks, providing insights for data-driven decision-making in the construction industry.

Beams

Series A in 2025
From plan to build, Beams is an end-to-end service that makes home renovation simpler for customers and builders, and greener for the planet. Beams simplifies the design and construction process with its cutting edge technology that lets customers design and manage their build end to end, all in one place. Redefining the way customers and builders collaborate by connecting homeowners with vetted builders that they can trust. Championing sustainability at every stage to reduce CO2 emissions and make the build as energy efficient as possible.

Next Sense

Series A in 2024
Next Sense is a technology company specializing in sustainable real estate. It develops a platform that leverages data, AI simulations, and real-time controls to optimize building operations, enabling real estate companies to reduce their carbon footprint and meet environmental regulations.

Hubcycle

Series A in 2024
Hubcycle is a company focused on upcycling food ingredients by transforming industrial plant-based waste into valuable raw materials. By segregating and selecting specific side streams, Hubcycle creates high-performance, sustainable ingredients tailored to consumer needs. This innovative approach enables industries to participate in the circular economy, effectively reducing the environmental impact of commercial processes while generating new value chains. Through its commitment to sustainability, Hubcycle aims to provide future-proof solutions that benefit both the economy and the environment.

Tomorrow

Venture Round in 2024
Sustainable banking. Green Finance. A credit card that is ecological, ethical and uses your money to generate a positive environmental impact. A bank that funds and promotes Renewable Energy, Solar Power, Wind Power and sustainable agriculture.

Riverlane

Series C in 2024
Riverlane is a developer of quantum computing software focused on transforming experimental technology into commercial products. The company engineers innovative instruments in collaboration with quantum computer manufacturers, addressing the need for new hardware and software tools to manage the instability of qubits and rectify system defects at unprecedented speeds. Riverlane's software includes an ultra-low latency quantum operating system that accelerates quantum-classical hybrid algorithms, supporting hardware research and development. Additionally, the company creates algorithms designed to optimize the use of the entire quantum computing stack, assisting hardware partners in minimizing the system errors that currently challenge quantum computing capabilities.

Cubbit

Seed Round in 2024
Cubbit is a geo-distributed cloud enabler that repurposes underutilized edge resources into B2B cloud services. Its DS3 software runs anywhere—on existing hardware, in the cloud, or at the edge—creating a seamless single data domain and a hyper-resilient cloud object storage under the user’s sovereignty. The platform requires no upfront investment and can help organizations reduce storage costs and minimize cloud carbon footprint, giving enterprises and service providers greater control over data, infrastructure, and costs across on-premises, multi-cloud, and edge deployments.

shipzero

Series A in 2024
Shipzero enables effective reduction of greenhouse gas emissions in global freight transportation. It offers a data-driven software solution that helps shippers, logistics providers, and carriers manage transport emissions, facilitating their transition to net-zero emissions.

AIPERIA

Series A in 2024
AIPERIA is a German-based company that specializes in providing a software-as-a-service (SaaS) solution aimed at enhancing sustainability in the fresh food supply chain. The company has developed an artificial intelligence-driven platform that facilitates end-to-end demand planning for suppliers and retailers. This platform allows for integrated and fully automated planning processes, ensuring that food production aligns closely with actual demand. By enabling suppliers to accurately forecast and deliver only the necessary quantities to retailers, AIPERIA contributes to reducing food waste and promoting more sustainable practices in the food retail sector.

Basemark

Series B in 2024
Basemark specializes in developing augmented reality software for enhanced driver awareness and safety. It offers tools to avoid occlusion, prevent motion sickness, and support multiple in-vehicle displays, enabling automotive manufacturers to create practical AR applications.

Hellas Direct

Venture Round in 2024
Hellas Direct is a digital‑first, full‑stack insurance provider that offers car, motorbike, home insurance and mobility financing. Using artificial intelligence, advanced analytics and algorithms, it compares offer prices to deliver competitive rates and a simple purchasing experience. The company, headquartered in Cyprus, is backed by investors such as Portag3, IFC, Endeavor Catalyst, Lord O’Neill and Jon Moulton. It aims to disrupt the insurance value chain through operational excellence and a customer‑centric approach.

Wirepas

Series D in 2023
Wirepas Ltd. is a Finnish company established in 2010, specializing in wireless communication solutions for the Internet of Things (IoT). Based in Tampere, Wirepas develops Pino, a unique multi-hop mesh network solution that enables reliable and scalable connectivity for IoT devices. This technology supports the creation of autonomous networks that can expand to millions of devices without the need for traditional infrastructure. Wirepas Pino offers deterministic performance, local radio adaptability, and high reliability, addressing key challenges faced by IoT platforms. The company provides extensive support throughout the design and delivery process, including pre-integrated and tested reference implementations to facilitate IoT connectivity projects across various applications.

Eagle Genomics

Venture Round in 2023
Eagle Genomics is a life sciences software company that provides data management and analytics platforms for genomics and related fields. Its solutions enable management, orchestration and exploitation of genomics and other life sciences data, turning diverse datasets into usable data assets and supporting end-to-end workflows from data integration and curation to analysis, visualization and sharing. The company combines biology, bioinformatics, data science, and enterprise software engineering to help pharmaceutical, consumer goods, and agricultural technology organizations shorten research cycles and improve decision making. Its offerings cover next-generation sequencing data management and analysis, cloud-based bioinformatics, biomarker discovery, microarray analysis, and pipeline design, as well as on-demand consulting and tools for managing research data. Headquartered in Cambridge, United Kingdom, with an international footprint, Eagle Genomics emphasizes building an enterprise information architecture for the genomics era, enabling customers to realize the value of digital assets and enhance productivity across R&D programs.

Open Cosmos

Series B in 2023
Open Cosmos designs, builds, and operates satellites to simplify access to space. It offers end-to-end mission services including assembly, integration, testing, launch campaigns, in-orbit operations, and data delivery. The company also provides AI-powered data analysis through its DataCosmos platform.

Zeelo

Series A in 2023
Founded in 2016, Zeelo is a TransitTech company that specializes in providing sustainable transportation services. It offers smart shuttle platforms designed to facilitate work commutes and school runs, utilizing data and technology to optimize routes and connect people via public transport options.

Dexter Energy Services

Series B in 2023
Founded in Amsterdam in 2016, Dexter Energy Services develops a cloud-based energy management system. It offers electricity load, price, and imbalance forecasting services, optimization strategies for energy trading, data analytics, business case calculations, and asset trading simulations. Serving energy utilities and retailers, the platform increases efficiency and lowers costs by combining AI, cloud technology, and diverse external data sources.

Gen Phoenix

Series B in 2023
Gen Phoenix is a manufacturer of advanced engineered composite leather products designed for various industries, including aviation, automotive, marine, and upholstery. The company utilizes a patented, eco-friendly process to combine leather fiber with a high-performance core, resulting in a customizable composition leather that surpasses traditional alternatives in reliability and consistency. By focusing on sustainability, Gen Phoenix aims to reduce environmental impact while enhancing performance, enabling its clients to minimize waste and improve their overall sustainability efforts. The unique materials developed by Gen Phoenix are tailored to meet specific performance criteria, making them suitable for a wide range of applications.

Worldsensing

Series D in 2023
Worldsensing specializes in Internet of Things (IoT) solutions, focusing on mobility and industrial applications. Its portfolio includes Bitcarrier for real-time traffic flow management and Fastprk for smart parking systems. Additionally, Worldsensing offers the LS-G6 platform to monitor critical assets in remote locations such as bridges, tunnels, and mines. With offices in Barcelona and London, the company employs over 40 professionals.

Flyability

Series C in 2023
Flyability develops and manufactures flying drones for inspection and exploration of indoor, inaccessible, and confined spaces. Its flagship drone, Elios, is collision-tolerant and enables industrial inspectors to access complex indoor environments safely. The company provides flying kits, spare parts, training, and after-sales support. Founded in 2014 and headquartered in Lausanne, Switzerland, Flyability focuses on industrial inspection to reduce risk by enabling drone operation inside cities, buildings, and near people, supporting inspections of critical infrastructures such as power generation, oil and gas, and maritime facilities, as well as search and rescue and security applications.

Modern Milkman

Series C in 2022
Modern Milkman is a grocery delivery service dedicated to reducing waste. It delivers fresh milk, groceries, and household products in returnable glass bottles, reusable containers, or recyclable packaging. The company aims to revolutionize consumer habits by promoting ethical shopping and convenience.

Eagle Genomics

Venture Round in 2022
Eagle Genomics is a life sciences software company that provides data management and analytics platforms for genomics and related fields. Its solutions enable management, orchestration and exploitation of genomics and other life sciences data, turning diverse datasets into usable data assets and supporting end-to-end workflows from data integration and curation to analysis, visualization and sharing. The company combines biology, bioinformatics, data science, and enterprise software engineering to help pharmaceutical, consumer goods, and agricultural technology organizations shorten research cycles and improve decision making. Its offerings cover next-generation sequencing data management and analysis, cloud-based bioinformatics, biomarker discovery, microarray analysis, and pipeline design, as well as on-demand consulting and tools for managing research data. Headquartered in Cambridge, United Kingdom, with an international footprint, Eagle Genomics emphasizes building an enterprise information architecture for the genomics era, enabling customers to realize the value of digital assets and enhance productivity across R&D programs.

Shippeo

Series C in 2022
Shippeo provides a real-time transportation visibility platform for supply chains, enabling shippers, carriers, and fourth-party logistics providers to track deliveries in real time and communicate proactively with end customers. Founded in 2014, the company connects with more than 600 carriers and integrates with transportation management systems, telematics, and electronic logging devices to gather location data, monitor shipments, and calculate estimated times of arrival with a proprietary algorithm. Its platform supports multimodal visibility and aims to help businesses reduce transportation costs, improve customer satisfaction, and pursue more sustainable operations. In Europe, Shippeo tracks more than 40,000 deliveries per month for customers such as Leroy Merlin, Saint-Gobain, and Faurecia, illustrating its scale and reach across the logistics network.

Net Purpose

Series A in 2022
Net Purpose facilitates effortless impact measurement for investors by aggregating data on companies' social and environmental outcomes. This enables investors to align with evolving ESG standards and build sustainable investment strategies.

PHENIX

Venture Round in 2022
PHENIX operates a waste management platform that advances the circular economy by unlocking the potential of waste. The company promotes a second life for products, both food and non-food, across sectors including charities. It serves more than 1,000 professional clients in retail, industrial, wholesale, shopping centers, catering, and event services, helping them manage unsold inventory and waste through a web platform and a range of collaborative and logistical services. The platform provides an alternative to landfilling and incineration, supports stock management to avoid disposal, and donates unsold products to associations, enabling clients to participate in waste reduction and social responsibility initiatives.

Flyability

Series C in 2022
Flyability develops and manufactures flying drones for inspection and exploration of indoor, inaccessible, and confined spaces. Its flagship drone, Elios, is collision-tolerant and enables industrial inspectors to access complex indoor environments safely. The company provides flying kits, spare parts, training, and after-sales support. Founded in 2014 and headquartered in Lausanne, Switzerland, Flyability focuses on industrial inspection to reduce risk by enabling drone operation inside cities, buildings, and near people, supporting inspections of critical infrastructures such as power generation, oil and gas, and maritime facilities, as well as search and rescue and security applications.

Normative.io

Series B in 2022
Normative.io is a software company that specializes in assessing the social and environmental impact of companies by analyzing their purchases. Utilizing artificial intelligence and the world's largest sustainability research database, Normative's platform provides an emission accounting engine that helps organizations calculate their total carbon dioxide emissions. The software also offers visual analytics and generates comprehensive sustainability reports, processing both internal and external data to automate carbon reporting. By making the social and environmental costs of purchases transparent, Normative aims to facilitate progress toward achieving the Sustainable Development Goals and assist businesses in reducing their environmental footprint.

Intigriti

Series B in 2022
Intigriti is a prominent cybersecurity company founded in 2016 that specializes in incentivized security testing through bug bounty programs. The company offers a platform that allows clients to effectively manage security testing at scale, utilizing a network of over 50,000 security researchers to identify vulnerabilities in their digital assets. Clients can expect rapid feedback, with an average of 53 vulnerability reports generated within one week of launching a program, and 71% receiving high to critical reports within 48 hours. Intigriti serves a diverse clientele, including over 300 organizations ranging from small tech startups to large financial institutions and airlines. The company emphasizes innovation and customer support, providing full triaging services and dedicated customer success managers to ensure the effective resolution of identified vulnerabilities. Intigriti's commitment to quality and service has earned it recognition, including Deloitte's Fast 50 Award in 2021 and the Rising Star award in 2020.

Pieter Pot

Series A in 2021
Pieter Pot operates an online grocery retailer that offers a wide range of daily essentials including groceries, personal care and household products, delivered in reusable glass jars. The program emphasizes plastic-free packaging and a jar take-back system, allowing customers to return jars for reuse on future orders and thereby reduce packaging waste and carbon emissions. Founded in 2018, the company is headquartered in Rotterdam, Netherlands.

Normative.io

Series A in 2021
Normative.io is a software company that specializes in assessing the social and environmental impact of companies by analyzing their purchases. Utilizing artificial intelligence and the world's largest sustainability research database, Normative's platform provides an emission accounting engine that helps organizations calculate their total carbon dioxide emissions. The software also offers visual analytics and generates comprehensive sustainability reports, processing both internal and external data to automate carbon reporting. By making the social and environmental costs of purchases transparent, Normative aims to facilitate progress toward achieving the Sustainable Development Goals and assist businesses in reducing their environmental footprint.

Zeelo

Series A in 2021
Founded in 2016, Zeelo is a TransitTech company that specializes in providing sustainable transportation services. It offers smart shuttle platforms designed to facilitate work commutes and school runs, utilizing data and technology to optimize routes and connect people via public transport options.

DeepSea

Funding Round in 2021
DeepSea Technologies is a software company established in 2017 with headquarters in Athens, Greece, and offices in Cambridge, UK, and Nicosia, Cyprus. It specializes in developing artificial intelligence platforms for monitoring and optimizing ship performance. The company's primary focus is to enhance operational efficiency and reduce carbon emissions for commercial vessels such as container ships, bulk carriers, LNG carriers, and tankers. DeepSea's platform collects real-time vessel data, shares it with stakeholders, and provides actionable insights to improve fuel consumption, predict maintenance needs, and optimize shipping routes.

Modern Milkman

Series A in 2021
Modern Milkman is a grocery delivery service dedicated to reducing waste. It delivers fresh milk, groceries, and household products in returnable glass bottles, reusable containers, or recyclable packaging. The company aims to revolutionize consumer habits by promoting ethical shopping and convenience.

SOS Accessoire

Venture Round in 2021
Founded in 2008 and based in La Verrière, France, SOS Accessoire operates an online marketplace specializing in the sale of spare parts for various household appliances. Its platform enables customers to repair their electrical goods independently by providing access to a comprehensive catalog of spare parts.

Vulog

Series C in 2021
Vulog develops technology solutions that empower shared mobility businesses worldwide. It offers advanced fleet management tools, consumer mobile apps, and connected vehicle tech, enabling large-scale fleet launches within weeks. Vulog serves as a catalyst for growth and profitability, supporting clients like WeShare (Volkswagen) and Free2Move (Groupe PSA). Its global footprint and AI proficiency optimize fleet balancing and anticipate end-user demand.

Shippeo

Series C in 2021
Shippeo provides a real-time transportation visibility platform for supply chains, enabling shippers, carriers, and fourth-party logistics providers to track deliveries in real time and communicate proactively with end customers. Founded in 2014, the company connects with more than 600 carriers and integrates with transportation management systems, telematics, and electronic logging devices to gather location data, monitor shipments, and calculate estimated times of arrival with a proprietary algorithm. Its platform supports multimodal visibility and aims to help businesses reduce transportation costs, improve customer satisfaction, and pursue more sustainable operations. In Europe, Shippeo tracks more than 40,000 deliveries per month for customers such as Leroy Merlin, Saint-Gobain, and Faurecia, illustrating its scale and reach across the logistics network.

Modern Milkman

Venture Round in 2021
Modern Milkman is a grocery delivery service dedicated to reducing waste. It delivers fresh milk, groceries, and household products in returnable glass bottles, reusable containers, or recyclable packaging. The company aims to revolutionize consumer habits by promoting ethical shopping and convenience.

Flyability

Series C in 2020
Flyability develops and manufactures flying drones for inspection and exploration of indoor, inaccessible, and confined spaces. Its flagship drone, Elios, is collision-tolerant and enables industrial inspectors to access complex indoor environments safely. The company provides flying kits, spare parts, training, and after-sales support. Founded in 2014 and headquartered in Lausanne, Switzerland, Flyability focuses on industrial inspection to reduce risk by enabling drone operation inside cities, buildings, and near people, supporting inspections of critical infrastructures such as power generation, oil and gas, and maritime facilities, as well as search and rescue and security applications.

Flyability

Non Equity Assistance in 2020
Flyability develops and manufactures flying drones for inspection and exploration of indoor, inaccessible, and confined spaces. Its flagship drone, Elios, is collision-tolerant and enables industrial inspectors to access complex indoor environments safely. The company provides flying kits, spare parts, training, and after-sales support. Founded in 2014 and headquartered in Lausanne, Switzerland, Flyability focuses on industrial inspection to reduce risk by enabling drone operation inside cities, buildings, and near people, supporting inspections of critical infrastructures such as power generation, oil and gas, and maritime facilities, as well as search and rescue and security applications.

Eagle Genomics

Venture Round in 2020
Eagle Genomics is a life sciences software company that provides data management and analytics platforms for genomics and related fields. Its solutions enable management, orchestration and exploitation of genomics and other life sciences data, turning diverse datasets into usable data assets and supporting end-to-end workflows from data integration and curation to analysis, visualization and sharing. The company combines biology, bioinformatics, data science, and enterprise software engineering to help pharmaceutical, consumer goods, and agricultural technology organizations shorten research cycles and improve decision making. Its offerings cover next-generation sequencing data management and analysis, cloud-based bioinformatics, biomarker discovery, microarray analysis, and pipeline design, as well as on-demand consulting and tools for managing research data. Headquartered in Cambridge, United Kingdom, with an international footprint, Eagle Genomics emphasizes building an enterprise information architecture for the genomics era, enabling customers to realize the value of digital assets and enhance productivity across R&D programs.

Greenbird Integration Technology

Series B in 2020
Greenbird Integration Technology AS is a software and solutions firm based in Oslo, Norway, with additional offices in Stavanger and Palo Alto. Founded in 2009, the company specializes in providing IT advisory services and integration solutions tailored for both public and private organizations across Europe. Its flagship product, Utilihive, serves as a domain-specific integration platform as a service (iPaaS) designed to support utilities in their digital transformation efforts. Utilihive empowers sectors such as smart metering, smart grid, smart cities, and the industrial Internet of Things, facilitating efficient data integration and operational processes. The company also offers consulting services that include strategic advisory, enterprise architecture, and solution design and development. Greenbird's technology is actively utilized by utilities serving over 65 million clients in various regions, including Scandinavia, Germany, the UK, the Middle East, and the Far East. In August 2023, Greenbird was acquired by GE Vernova and integrated into the Grid Software Business, enhancing its role in the ongoing energy revolution.

Basemark

Series A in 2020
Basemark specializes in developing augmented reality software for enhanced driver awareness and safety. It offers tools to avoid occlusion, prevent motion sickness, and support multiple in-vehicle displays, enabling automotive manufacturers to create practical AR applications.

Intigriti

Series A in 2020
Intigriti is a prominent cybersecurity company founded in 2016 that specializes in incentivized security testing through bug bounty programs. The company offers a platform that allows clients to effectively manage security testing at scale, utilizing a network of over 50,000 security researchers to identify vulnerabilities in their digital assets. Clients can expect rapid feedback, with an average of 53 vulnerability reports generated within one week of launching a program, and 71% receiving high to critical reports within 48 hours. Intigriti serves a diverse clientele, including over 300 organizations ranging from small tech startups to large financial institutions and airlines. The company emphasizes innovation and customer support, providing full triaging services and dedicated customer success managers to ensure the effective resolution of identified vulnerabilities. Intigriti's commitment to quality and service has earned it recognition, including Deloitte's Fast 50 Award in 2021 and the Rising Star award in 2020.

DeepSea

Series A in 2020
DeepSea Technologies is a software company established in 2017 with headquarters in Athens, Greece, and offices in Cambridge, UK, and Nicosia, Cyprus. It specializes in developing artificial intelligence platforms for monitoring and optimizing ship performance. The company's primary focus is to enhance operational efficiency and reduce carbon emissions for commercial vessels such as container ships, bulk carriers, LNG carriers, and tankers. DeepSea's platform collects real-time vessel data, shares it with stakeholders, and provides actionable insights to improve fuel consumption, predict maintenance needs, and optimize shipping routes.

Urbantz

Series A in 2020
Urbantz S.A. is a provider of advanced last-mile delivery management technology designed for a variety of enterprises, including retailers, logistics operators, e-commerce, and grocery businesses. The company offers an enterprise software-as-a-service (SaaS) solution that delivers real-time visibility and comprehensive control over the entire last-mile delivery process. Urbantz's platform enables organizations to effectively manage and monitor deliveries from the initial order to the final recipient, thus reducing costs and minimizing the environmental impact of urban logistics. More than 100 brands, including notable names such as Asda, PostNord, and Auchan Retail, utilize Urbantz's technology to streamline their mission-critical delivery operations across Europe, the Middle East, and beyond.

Shippeo

Series B in 2020
Shippeo provides a real-time transportation visibility platform for supply chains, enabling shippers, carriers, and fourth-party logistics providers to track deliveries in real time and communicate proactively with end customers. Founded in 2014, the company connects with more than 600 carriers and integrates with transportation management systems, telematics, and electronic logging devices to gather location data, monitor shipments, and calculate estimated times of arrival with a proprietary algorithm. Its platform supports multimodal visibility and aims to help businesses reduce transportation costs, improve customer satisfaction, and pursue more sustainable operations. In Europe, Shippeo tracks more than 40,000 deliveries per month for customers such as Leroy Merlin, Saint-Gobain, and Faurecia, illustrating its scale and reach across the logistics network.

TravelTime

Venture Round in 2019
TravelTime is a technology company that offers an application programming interface (API) designed to calculate travel times across various modes of transport. Its platform enables developers to enhance their applications by integrating travel time data into search functionalities, allowing users to filter and rank results based on actual travel time rather than distance. This innovative approach significantly improves the search experience, as it provides more relevant results tailored to real-world accessibility. For instance, real estate websites can display properties within a specific commuting time, while restaurant platforms can show dining options based on walking distance from a user's location. By focusing on travel time, TravelTime effectively doubles the number of pertinent results compared to traditional distance-based searches.

Wirepas

Series B in 2019
Wirepas Ltd. is a Finnish company established in 2010, specializing in wireless communication solutions for the Internet of Things (IoT). Based in Tampere, Wirepas develops Pino, a unique multi-hop mesh network solution that enables reliable and scalable connectivity for IoT devices. This technology supports the creation of autonomous networks that can expand to millions of devices without the need for traditional infrastructure. Wirepas Pino offers deterministic performance, local radio adaptability, and high reliability, addressing key challenges faced by IoT platforms. The company provides extensive support throughout the design and delivery process, including pre-integrated and tested reference implementations to facilitate IoT connectivity projects across various applications.

Eagle Genomics

Venture Round in 2019
Eagle Genomics is a life sciences software company that provides data management and analytics platforms for genomics and related fields. Its solutions enable management, orchestration and exploitation of genomics and other life sciences data, turning diverse datasets into usable data assets and supporting end-to-end workflows from data integration and curation to analysis, visualization and sharing. The company combines biology, bioinformatics, data science, and enterprise software engineering to help pharmaceutical, consumer goods, and agricultural technology organizations shorten research cycles and improve decision making. Its offerings cover next-generation sequencing data management and analysis, cloud-based bioinformatics, biomarker discovery, microarray analysis, and pipeline design, as well as on-demand consulting and tools for managing research data. Headquartered in Cambridge, United Kingdom, with an international footprint, Eagle Genomics emphasizes building an enterprise information architecture for the genomics era, enabling customers to realize the value of digital assets and enhance productivity across R&D programs.

Zeelo

Series A in 2019
Founded in 2016, Zeelo is a TransitTech company that specializes in providing sustainable transportation services. It offers smart shuttle platforms designed to facilitate work commutes and school runs, utilizing data and technology to optimize routes and connect people via public transport options.

Movinga

Series E in 2018
Movinga GmbH is a Berlin-based logistics technology company that offers an online platform for relocation and moving services. Established in 2015, it enables customers to find and book movers from a variety of listed logistics service providers, catering to both private individuals and businesses. Movinga focuses on delivering a transparent and user-friendly booking process, providing comprehensive advice from personal relocation advisors, as well as ensuring loading, transport, and transport insurance through dedicated removal teams. The company's vertically integrated approach aims to optimize the moving process for users while supporting medium-sized moving companies by allowing them to list their services on the platform.

Flyability

Series B in 2018
Flyability develops and manufactures flying drones for inspection and exploration of indoor, inaccessible, and confined spaces. Its flagship drone, Elios, is collision-tolerant and enables industrial inspectors to access complex indoor environments safely. The company provides flying kits, spare parts, training, and after-sales support. Founded in 2014 and headquartered in Lausanne, Switzerland, Flyability focuses on industrial inspection to reduce risk by enabling drone operation inside cities, buildings, and near people, supporting inspections of critical infrastructures such as power generation, oil and gas, and maritime facilities, as well as search and rescue and security applications.

PHENIX

Venture Round in 2018
PHENIX operates a waste management platform that advances the circular economy by unlocking the potential of waste. The company promotes a second life for products, both food and non-food, across sectors including charities. It serves more than 1,000 professional clients in retail, industrial, wholesale, shopping centers, catering, and event services, helping them manage unsold inventory and waste through a web platform and a range of collaborative and logistical services. The platform provides an alternative to landfilling and incineration, supports stock management to avoid disposal, and donates unsold products to associations, enabling clients to participate in waste reduction and social responsibility initiatives.

Cloud&Heat

Series B in 2018
Cloud&Heat Technologies GmbH, established in 2011 and based in Dresden, Germany, specializes in energy-efficient, secure, and scalable data center solutions. The company offers cloud-based computing services, including cloud computing power management and cloud block storage with unlimited capacity. Additionally, it provides file storage and retrieval, along with comprehensive support services such as manuals, backup programs, and easy-to-install application packages. Notably, Cloud&Heat's server units utilize water-cooled hardware technology, enabling advanced security and scalability to meet digital demands while promoting sustainability and combating energy transition challenges.

Voltea

Venture Round in 2018
Voltea specializes in water purification systems, serving both residential and commercial customers worldwide. Their DiEntry product offers a salt-free alternative for homes, while CapDI caters to businesses like Pepsi and Marriott, ensuring reliable, high-quality water.

Metalysis

Venture Round in 2018
Metalysis Limited is a technology company based in Rotherham, United Kingdom, specializing in the manufacture of high-value metals and alloys, including titanium and tantalum. Established in 2001, the company has developed a solid-state process for producing metal alloy powders, which are primarily utilized in advanced manufacturing, aerospace, and automotive sectors. This innovative process, originally conceived at The University of Cambridge, offers a more environmentally friendly and energy-efficient alternative to conventional melting methods. Metalysis focuses on creating 3D printable metal powders and niche, high-performance alloys, catering to the needs of various industries. The company is advancing its production capabilities through its Generation 4 technological expansion, aiming to scale up its manufacturing processes.

Gen Phoenix

Venture Round in 2018
Gen Phoenix is a manufacturer of advanced engineered composite leather products designed for various industries, including aviation, automotive, marine, and upholstery. The company utilizes a patented, eco-friendly process to combine leather fiber with a high-performance core, resulting in a customizable composition leather that surpasses traditional alternatives in reliability and consistency. By focusing on sustainability, Gen Phoenix aims to reduce environmental impact while enhancing performance, enabling its clients to minimize waste and improve their overall sustainability efforts. The unique materials developed by Gen Phoenix are tailored to meet specific performance criteria, making them suitable for a wide range of applications.

Corporater

Venture Round in 2017
Corporater is a prominent software provider specializing in integrated Governance, Performance, Risk, and Compliance (GPRC) solutions. The company offers a highly configurable Business Management Platform (BMP) designed to empower medium and large organizations to digitize, manage, and enhance their GPRC programs. By aligning business objectives with risk and compliance strategies, Corporater enables organizations to transition from outdated reporting methods to a more transparent and integrated approach. The platform facilitates the visualization of key performance indicators (KPIs), key compliance indicators (KCIs), and key risk indicators (KRIs) within their business context, allowing for better alignment with individual and organizational goals. With over 100,000 end-users across more than 50 countries, Corporater's solutions are tailored to improve business performance, ensure sustainability, and foster a culture of accountability and transparency within organizations.

Vulog

Series B in 2017
Vulog develops technology solutions that empower shared mobility businesses worldwide. It offers advanced fleet management tools, consumer mobile apps, and connected vehicle tech, enabling large-scale fleet launches within weeks. Vulog serves as a catalyst for growth and profitability, supporting clients like WeShare (Volkswagen) and Free2Move (Groupe PSA). Its global footprint and AI proficiency optimize fleet balancing and anticipate end-user demand.

Worldsensing

Series B in 2017
Worldsensing specializes in Internet of Things (IoT) solutions, focusing on mobility and industrial applications. Its portfolio includes Bitcarrier for real-time traffic flow management and Fastprk for smart parking systems. Additionally, Worldsensing offers the LS-G6 platform to monitor critical assets in remote locations such as bridges, tunnels, and mines. With offices in Barcelona and London, the company employs over 40 professionals.

QOS Energy

Venture Round in 2017
QOS Energy is a software vendor based in La Chapelle sur Erdre, France, with an additional office in the United Kingdom. Founded in 2010, the company specializes in energy management systems, offering its flagship product, Qantum, a cloud-based Software-as-a-Service platform. Qantum is designed to monitor and manage renewable energy infrastructures, catering to the needs of professional energy performance managers involved with medium and large photovoltaic, wind, hydraulic, and biogas plants, as well as energy efficiency projects in buildings and smart grid initiatives. The platform supports over 3,500 sites globally, encompassing approximately 1.5 GW of renewable energy capacity, and aims to optimize the operational performance of renewable energy plants and energy storage facilities. QOS Energy operates as a subsidiary of The Astelia Group.

Greenbird Integration Technology

Venture Round in 2016
Greenbird Integration Technology AS is a software and solutions firm based in Oslo, Norway, with additional offices in Stavanger and Palo Alto. Founded in 2009, the company specializes in providing IT advisory services and integration solutions tailored for both public and private organizations across Europe. Its flagship product, Utilihive, serves as a domain-specific integration platform as a service (iPaaS) designed to support utilities in their digital transformation efforts. Utilihive empowers sectors such as smart metering, smart grid, smart cities, and the industrial Internet of Things, facilitating efficient data integration and operational processes. The company also offers consulting services that include strategic advisory, enterprise architecture, and solution design and development. Greenbird's technology is actively utilized by utilities serving over 65 million clients in various regions, including Scandinavia, Germany, the UK, the Middle East, and the Far East. In August 2023, Greenbird was acquired by GE Vernova and integrated into the Grid Software Business, enhancing its role in the ongoing energy revolution.

Wirepas

Venture Round in 2016
Wirepas Ltd. is a Finnish company established in 2010, specializing in wireless communication solutions for the Internet of Things (IoT). Based in Tampere, Wirepas develops Pino, a unique multi-hop mesh network solution that enables reliable and scalable connectivity for IoT devices. This technology supports the creation of autonomous networks that can expand to millions of devices without the need for traditional infrastructure. Wirepas Pino offers deterministic performance, local radio adaptability, and high reliability, addressing key challenges faced by IoT platforms. The company provides extensive support throughout the design and delivery process, including pre-integrated and tested reference implementations to facilitate IoT connectivity projects across various applications.

Flyability

Series A in 2016
Flyability develops and manufactures flying drones for inspection and exploration of indoor, inaccessible, and confined spaces. Its flagship drone, Elios, is collision-tolerant and enables industrial inspectors to access complex indoor environments safely. The company provides flying kits, spare parts, training, and after-sales support. Founded in 2014 and headquartered in Lausanne, Switzerland, Flyability focuses on industrial inspection to reduce risk by enabling drone operation inside cities, buildings, and near people, supporting inspections of critical infrastructures such as power generation, oil and gas, and maritime facilities, as well as search and rescue and security applications.

MWR InfoSecurity

Series B in 2016
MWR InfoSecurity Limited is a global cybersecurity consulting firm that specializes in a wide range of services including security research, assurance, mobile security, managed services, and incident response. Founded in 2002 and headquartered in Basingstoke, United Kingdom, the company also provides expert advice on professional and managed services, alongside developing commercial solutions and open-source security tools. MWR InfoSecurity offers training courses to enhance cybersecurity skills, focusing on areas such as web defense and secure software development. Its clientele spans multiple sectors, including finance, energy, insurance, technology, media, and telecommunications. In addition to its UK operations, MWR InfoSecurity has a presence in Gauteng, South Africa; New York, USA; Warsaw, Poland; and Singapore. As of 2018, MWR InfoSecurity operates as a subsidiary of F-Secure Oyj.

Telensa

Venture Round in 2016
Telensa Limited, established in 2005, specializes in manufacturing and supplying wireless smart streetlight and parking control systems. The company offers the market-leading Telensa PLANet, a wireless central management system for smart streetlights that integrates with third-party applications, enabling cities to remotely monitor and control their lighting networks. Additionally, Telensa provides Wireless Smart Parking, an on-street parking monitoring system that helps reduce congestion by guiding drivers to available spaces. Underpinning these solutions is Telensa's proprietary Low Power Wide Area (LPWA) Ultra Narrow Band (UNB) radio system, which facilitates long-range communication and extended battery life for a vast number of devices. With over 9 million devices deployed across 30 countries, Telensa's UNB technology has become a standard for smart city control applications. The company is committed to driving open standards in LPWA networks and is a founding member of the Wireless Internet of Things Forum (WIoTF), working alongside industry leaders such as Cisco and BT to accelerate wide-area wireless IoT adoption.

Vulog

Venture Round in 2015
Vulog develops technology solutions that empower shared mobility businesses worldwide. It offers advanced fleet management tools, consumer mobile apps, and connected vehicle tech, enabling large-scale fleet launches within weeks. Vulog serves as a catalyst for growth and profitability, supporting clients like WeShare (Volkswagen) and Free2Move (Groupe PSA). Its global footprint and AI proficiency optimize fleet balancing and anticipate end-user demand.

Voltea

Venture Round in 2015
Voltea specializes in water purification systems, serving both residential and commercial customers worldwide. Their DiEntry product offers a salt-free alternative for homes, while CapDI caters to businesses like Pepsi and Marriott, ensuring reliable, high-quality water.

Kebony

Venture Round in 2014
Kebony is a Norwegian company based in Oslo, specializing in the production of modified wood that combines the aesthetics and durability of hardwood with the sustainability of softwood. Founded in 1997, Kebony employs a patented process known as Kebonization, which involves treating softwood with furfuryl alcohol, a natural byproduct of agriculture. This environmentally friendly method enhances the wood's properties, allowing it to achieve premium characteristics and a rich brown color, making it suitable for both interior and exterior applications. With a production facility located in Skein, Kebony serves a diverse market that includes subsidiaries in Norway, Denmark, and Sweden, as well as sales representatives in Germany, France, Italy, the United Kingdom, and the United States. The company aims to be a leading brand in sustainable wood solutions, providing architects, designers, and developers with an eco-conscious alternative to tropical hardwood.

MWR InfoSecurity

Series A in 2014
MWR InfoSecurity Limited is a global cybersecurity consulting firm that specializes in a wide range of services including security research, assurance, mobile security, managed services, and incident response. Founded in 2002 and headquartered in Basingstoke, United Kingdom, the company also provides expert advice on professional and managed services, alongside developing commercial solutions and open-source security tools. MWR InfoSecurity offers training courses to enhance cybersecurity skills, focusing on areas such as web defense and secure software development. Its clientele spans multiple sectors, including finance, energy, insurance, technology, media, and telecommunications. In addition to its UK operations, MWR InfoSecurity has a presence in Gauteng, South Africa; New York, USA; Warsaw, Poland; and Singapore. As of 2018, MWR InfoSecurity operates as a subsidiary of F-Secure Oyj.

Gen Phoenix

Venture Round in 2014
Gen Phoenix is a manufacturer of advanced engineered composite leather products designed for various industries, including aviation, automotive, marine, and upholstery. The company utilizes a patented, eco-friendly process to combine leather fiber with a high-performance core, resulting in a customizable composition leather that surpasses traditional alternatives in reliability and consistency. By focusing on sustainability, Gen Phoenix aims to reduce environmental impact while enhancing performance, enabling its clients to minimize waste and improve their overall sustainability efforts. The unique materials developed by Gen Phoenix are tailored to meet specific performance criteria, making them suitable for a wide range of applications.

Nujira

Venture Round in 2014
Nujira is a company specializing in power amplifier technology for the wireless communications industry. They develop High Accuracy Tracking (HAT) Power Modulators designed to enhance the efficiency and flexibility of base stations, transmitters, and cellular terminals. Their technology supports various standards including 3G, evolved 3G, DVB, and WiMAX, enabling equipment vendors to create smaller, more cost-effective solutions that meet the growing demands of operators and broadcasters globally. Nujira holds over 200 patents related to envelope tracking technology, which is crucial for powering energy-efficient fourth-generation cellular devices.

General Fusion

Series C in 2013
General Fusion Inc., established in 2002 and headquartered in Burnaby, Canada, specializes in developing commercial Magnetized Target Fusion (MTF), a hybrid fusion method combining magnetic confinement and inertial confinement principles. The company focuses on creating utility-scale fusion power using its patent-pending MTF concept, which has the potential to provide clean, safe, and economical energy. General Fusion develops key subsystems such as plasma injectors, acoustic drivers, and liquid metal vortex compression tests to advance its MTF technology. Backed by a global syndicate of investors, industry leaders, and technology pioneers, General Fusion aims to demonstrate and commercialize its innovative fusion power plants by the end of the decade.

Elstat Group

Venture Round in 2011
Elstat Group specializes in designing and developing advanced energy management systems for refrigeration, particularly in the beverage industry. Founded in 1996 and based in Preston, United Kingdom, with an additional office in London, the company has established itself as a leader in sustainable refrigeration solutions. Elstat's systems are specifically tailored for bottle coolers and vending machines, serving a diverse clientele that includes brands, bottlers, refrigerator manufacturers, and retailers both in the UK and internationally. Their innovative technology enables the collection of traffic and consumption data around coolers, facilitating a comprehensive understanding of store operations and cooler usage. This data-driven approach allows Elstat to achieve significant energy savings, reportedly up to 60%, by optimizing cooler performance to ensure beverages are served at the ideal temperature during operational hours.

Enablon

Venture Round in 2011
Enablon SA, a subsidiary of Wolters Kluwer, specializes in sustainability, operational risk management, and environmental, health, and safety (EHS) software. Established in 2006 and headquartered in Courbevoie, France, with additional offices in Chicago, Houston, London, Madrid, and Montreal, Enablon offers a comprehensive suite of integrated software solutions to help organizations manage corporate responsibility, supply chain sustainability, energy and carbon metrics, and enterprise risk. Its products are designed to enhance environmental and social performance, ensure regulatory compliance, and improve worker safety. Enablon serves various industries, including automotive, chemicals, energy, financial services, food and beverage, healthcare, manufacturing, mining, and oil and gas, operating in over 130 countries. The company also provides implementation, training, and support services to facilitate the effective use of its software solutions.

Nujira

Venture Round in 2011
Nujira is a company specializing in power amplifier technology for the wireless communications industry. They develop High Accuracy Tracking (HAT) Power Modulators designed to enhance the efficiency and flexibility of base stations, transmitters, and cellular terminals. Their technology supports various standards including 3G, evolved 3G, DVB, and WiMAX, enabling equipment vendors to create smaller, more cost-effective solutions that meet the growing demands of operators and broadcasters globally. Nujira holds over 200 patents related to envelope tracking technology, which is crucial for powering energy-efficient fourth-generation cellular devices.

4Energy

Venture Round in 2011
4Energy, based in Nottingham, specializes in innovative cooling solutions that achieve significant energy savings, reportedly up to 50% compared to traditional cooling products. The company has developed an Internet of Things (IoT) software platform that integrates data from both new and existing meters from various vendors. This platform facilitates the connection of buildings and systems, providing a centralized overview of utility usage in industrial and commercial environments, including data centers, telecom communication rooms, and base stations. By leveraging this technology, 4Energy enhances the efficiency of cooling systems and supports demand-side response initiatives, enabling users to optimize energy consumption and achieve network-free cooling solutions.

Metalysis

Venture Round in 2009
Metalysis Limited is a technology company based in Rotherham, United Kingdom, specializing in the manufacture of high-value metals and alloys, including titanium and tantalum. Established in 2001, the company has developed a solid-state process for producing metal alloy powders, which are primarily utilized in advanced manufacturing, aerospace, and automotive sectors. This innovative process, originally conceived at The University of Cambridge, offers a more environmentally friendly and energy-efficient alternative to conventional melting methods. Metalysis focuses on creating 3D printable metal powders and niche, high-performance alloys, catering to the needs of various industries. The company is advancing its production capabilities through its Generation 4 technological expansion, aiming to scale up its manufacturing processes.

Chemrec

Venture Round in 2008
Founded in Stockholm in 1989, Chemrec specializes in developing and distributing liquor gasification technologies for the pulp and paper manufacturing industry. Their products convert black liquor into syngas, which can be further processed into various low-carbon fuels and chemicals such as dimethyl ether, methanol, synthetic diesel, and gasoline.

Industrial Origami

Venture Round in 2008
Industrial Origami specializes in patented metal folding technologies that enable the creation of complex, high load-bearing structures from thinner sheet materials. The company provides licenses and sub-licenses for its innovative technology, allowing customers to integrate these designs into their existing or new products. By simplifying the design and assembly processes, Industrial Origami helps reduce product costs while enhancing design precision and manufacturing capabilities beyond traditional methods. Additionally, the company offers professional design services and contract manufacturing through a network of partners, ensuring that clients can leverage high-performance materials with improved fatigue resistance and lighter weight, ultimately giving them a competitive edge in their respective markets.

NPS

Venture Round in 2008
NPS was founded in November 2003 in order to exploit polymer technology invented and developed by UK Government research laboratories. Having established an exclusive licence to the technology, NPS has been working to apply it to specific applications across many industries.

Perpetuum

Series B in 2007
Perpetuum Ltd. is a company based in Southampton, United Kingdom, that specializes in the engineering, manufacturing, and commercialization of electromagnetic vibration harvesting micro generators. Founded in 2004 as a technology spin-off from the University of Southampton, Perpetuum has developed innovative self-powered wireless sensor solutions designed for condition monitoring in various industries, including rail, oil and gas, chemicals, and power generation. Its flagship products convert mechanical vibration into electrical energy, allowing for the operation of autonomous, maintenance-free wireless sensor nodes that transmit critical data on equipment health and performance. Perpetuum is recognized as the global leader in vibration energy harvesting, continually advancing the practical applications of this technology to enhance operational efficiency and safety in industrial environments.

Metalysis

Series C in 2007
Metalysis Limited is a technology company based in Rotherham, United Kingdom, specializing in the manufacture of high-value metals and alloys, including titanium and tantalum. Established in 2001, the company has developed a solid-state process for producing metal alloy powders, which are primarily utilized in advanced manufacturing, aerospace, and automotive sectors. This innovative process, originally conceived at The University of Cambridge, offers a more environmentally friendly and energy-efficient alternative to conventional melting methods. Metalysis focuses on creating 3D printable metal powders and niche, high-performance alloys, catering to the needs of various industries. The company is advancing its production capabilities through its Generation 4 technological expansion, aiming to scale up its manufacturing processes.
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