European Investment Fund

Froda is a Swedish fintech company established in 2015 with offices in Stockholm and Finland. It specializes in providing digital loans for commercial purposes, serving sectors such as restaurants, cafes, shops, lounges, and agencies. The company aims to revolutionize the banking experience for businesses by offering convenient and affordable financing solutions. Froda has helped over 50,000 businesses grow through its data-driven and digital lending platform, which enables small businesses to borrow money online without requiring asset backing. Its mission is to provide the best possible financing terms tailored to the needs of entrepreneurs and small business owners, bridging the gap between traditional banking and alternative finance options.

Genoa Instruments develops advanced super-resolution optical microscopes for biomedical research. Its innovative platform integrates spatial and temporal resolution, enabling high-detail imaging of living samples. The company aims to democratize access to high-resolution imaging, driving scientific discovery and healthcare research.

4Elements, established in 2023 and headquartered in Le Bourget-du-Lac, France, is a venture studio dedicated to fostering entrepreneurship and supporting impact-driven companies. It focuses on developing scalable, tech-based solutions to combat climate change, with a particular emphasis on low carbon mobility, clean energy, recycling, sustainable production, and decarbonized agriculture.

Fabrico is a cloud-based CMMS that manages all maintenance activities in a manufacturing facility by combining lean end-to-end maintenance methodologies. Everything required to digitalize all maintenance procedures in your plant is included in the solution. Fabrico offers preventive and reactive maintenance solutions, as well as an efficient ticketing system that allows for entire communication and compliance processes in a single plant.

HeavyFinance operates a crowdlending platform that connects farmers with retail and institutional investors, facilitating access to financing for agricultural needs. The platform enables farmers to secure mortgage loans backed by assets such as heavy machinery in the farming, forestry, and infrastructure sectors. It offers various benefits for both parties, including flexible repayment options and the opportunity for farmers to repay loans early without fees. Investors are presented with investment-backed assets and can expect double-digit returns, supported by risk reports, statistics, and project summaries that ensure transparency. By underwriting farmers and servicing loans, HeavyFinance creates a streamlined process for raising capital and investing in agricultural projects.

Established in 1996, Patria Credit is Romania's leading non-bank microfinance institution, with over 14 years of experience providing business loans to microenterprises, small companies, individual entrepreneurs, agro producers, and individuals.

Enpal GmbH is a Berlin-based company founded in 2017 that specializes in providing comprehensive renewable energy solutions, primarily through the installation and operation of solar panels for residential electricity generation. The company offers a range of products, including solar panels, batteries, wallboxes, heat pumps, and energy management systems, catering to customers in Germany and Italy. Enpal initially adopted a sales-based model but successfully transitioned to a lease model that requires no upfront payment and includes installation, insurance, and maintenance services. This approach has resulted in significant growth, with over 60,000 solar PV systems installed and revenues exceeding 400 million euros as of 2022. Enpal employs more than 1,000 team members, including over 200 local installer teams, and has opened several satellite offices to enhance customer service across its markets. The company has received numerous awards for its contributions to sustainability and customer service, positioning itself as a leader in the solar PV installation sector in Germany.

Sympower provides software-enabled flexibility services to support a renewable, stable electricity grid. Working with leading industry players, it aggregates appliances and industrial assets and uses automated, non-intrusive software to shift energy usage to cheaper hours and to balance supply and demand in real time. The company helps customers unlock new revenue streams and maximise the value of their energy assets by enabling flexible operation across energy markets, enhancing grid reliability and accelerating the transition to a fully renewable system.

Libra Internet Bank is a banking institution that specializes in providing financial services primarily to small and medium enterprises. The bank offers a range of products, including financial advisory services, consultancy, and wealth management. In addition to these services, Libra Internet Bank provides various loan options, such as soft loans, long-term, medium-term, and short-term loans, as well as micro-financing solutions to support the needs of its clients. Through its comprehensive offerings, the bank aims to facilitate the financial growth and stability of businesses within its target market.

Vivira specializes in making physical rehabilitation programs accessible to all. Its platform assesses agility, strength, and coordination over a month, gradually increasing exercise intensity based on tracked performance, empowering patients to alleviate pain and regain functionality independently.

FaceUp specializes in whistleblower protection software. Its platform enables anonymous reporting, allowing employees to submit concerns securely while preserving their identity.

Instant Factoring is a fintech company that specializes in providing liquidity to small entrepreneurs through an innovative factoring platform. The company offers quick access to cash by converting invoices into immediate funds, typically within 24 hours, thereby eliminating the traditional bureaucratic delays associated with financing. Utilizing advanced technologies, such as robot-underwriting and blockchain for transaction transparency, Instant Factoring ensures a secure and efficient process for its users. The platform features a patented internal credit-scoring tool powered by artificial intelligence and machine learning, which enables fast and accurate credit decisions while continuously enhancing its algorithms. By leveraging a wide array of data sources, Instant Factoring provides upfront transparency on pricing and aims to support the growth of small and medium-sized enterprises by offering flexible working capital solutions tailored to their needs. With a mission to empower entrepreneurs, the company estimates that it will serve over 15,000 small businesses, facilitating an average invoice financing value of approximately EUR 2,000.

AQUISGRAN is an SGR initiative to provide Aachen loans and investments to current and future SME partners by issuing MARF-listed bonds.

Vyoma is a company focused on enhancing satellite safety through advanced space observation technologies. It develops a satellite-based system that monitors space debris, utilizing a proprietary fleet of satellites, software, sensors, and machine learning algorithms. By providing real-time mapping of space objects, Vyoma enables satellite operators to autonomously navigate and avoid potential collisions with debris. As the number of satellites in orbit is expected to increase significantly in the coming years, Vyoma is positioned to deliver critical infrastructure that ensures safe satellite operations, thereby addressing the growing challenges of space traffic management.

DBT is a LendTech company that specializes in providing business loans to small and micro-enterprises. The company utilizes a credit technology platform that analyzes data from businesses seeking financing, thereby enhancing risk assessment accuracy and expediting decision-making processes. By combining technological innovation with qualitative collaboration, DBT simplifies access to growth funding for SMEs across various industries. The company offers loans ranging from SEK 3 million to SEK 30 million, aiming to support the growth and development of these businesses.

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Galeneo is a rapidly advancing startup focused on revolutionizing the delivery of primary home healthcare. It operates an e-health platform designed to facilitate medical procedures both at home and in-person, ensuring that patients receive timely and efficient care under prescription. The platform supports real-time monitoring and standardization of healthcare processes, which enhances the quality of treatment for patients. By creating a comprehensive healthcare network, Galeneo connects doctors, hospitals, and organizations involved in off-site patient hospitalization, thereby improving access to better healthcare solutions. Through its multidisciplinary approach, the company aims to streamline healthcare management and address the varied needs of patients effectively.

Illimity Bank, founded in 2018 and headquartered in Milan, Italy, is a commercial bank that delivers digital direct banking services to both retail and business clients. The bank specializes in providing corporate credit, managing non-performing loan (NPL) portfolios, and offering financing solutions specifically tailored for small and medium-sized enterprises (SMEs). Additionally, Illimity Bank engages in investment banking activities, including the establishment and management of investment funds and facilitating initial public offerings. With a focus on addressing the challenges posed by distressed credit and the increasing prevalence of bad loans, Illimity Bank aims to support its clients through innovative financial solutions.

Noviti Finance is a provider of alternative financing services focused on offering transparent business loans for turnover and investment projects. The company emphasizes clarity in its financial products by openly disclosing contract fees and interest rates, avoiding hidden costs that can inflate the total loan amount. Noviti Finance streamlines the borrowing process by reducing formalities, allowing clients to receive financing within one day; funds are deposited into their accounts on the same day upon signing the contract. With a commitment to supporting businesses, Noviti Finance has successfully assisted over 1,600 companies, ensuring that their financial needs are met with flexible terms and a straightforward approach.

Delmic is a company specializing in correlative light and electron microscopy technology, catering to the needs of life and materials science research. It offers a range of advanced services, including cathodoluminescence, integrated and automated cryo-electron tomography workflows, and rapid electron microscopy solutions designed for reliability and high throughput. By providing integrated correlative microscopy, Delmic equips researchers and organizations with effective and user-friendly tools, enabling them to obtain insights more efficiently and with greater ease.

October is a pan-European lending platform that aims to empower businesses by simplifying access to funding. Founded in France in 2014 under the name Lendix, the company emerged following regulatory changes that disrupted traditional banking practices. With offices in France, Spain, Italy, and the Netherlands, October operates an online marketplace that connects private investors with enterprises of various sizes. This platform allows investors to finance businesses directly, offering fully disclosed terms and facilitating a streamlined investment process. Institutional lenders complement individual contributions, ensuring borrowers benefit from high success rates and quick processing times. October's mission is to democratize finance, providing a secure and efficient way for individuals to invest in the real economy.

Carto is a location intelligence platform that turns spatial data into actionable insights for logistics, marketing, and site optimization. The cloud-based mapping, analysis, and visualization engine enables data scientists, developers, and analysts to treat location as an active analytical dimension, solving spatial problems, optimizing business processes, and predicting outcomes. Founded in 2012 and headquartered in New York City, Carto operates with offices in Madrid, Seville, and Washington, DC, and serves thousands of customers worldwide, including Mastercard, Vodafone, Bain & Company, and Coca-Cola, with hundreds of thousands of users. The company is backed by leading venture investors Accel Partners, Salesforce Ventures, Earlybird Ventures, and Kibo Ventures, underscoring its position in location intelligence.

Evologic Technologies bridges user needs with advanced technology solutions. They specialize in creating sustainable applications for everyday problems faced by industrial and private sectors.

AGRIVI is a global agritech company that provides digital agriculture technologies and a farm management platform to support the agri-food value chain. The platform helps optimize crop production and enforce sustainable farming practices, enabling farmers and agri-food companies to perform activities such as tillage, planting, spraying, fertilization, irrigation, and harvesting. Its solutions are used by customers in over 100 countries, reflecting its reach in digital agriculture and commitment to improving productivity and product quality across diverse farming operations.

Finiata is a fintech that provides a data-driven finance platform for small and medium-sized enterprises, freelancers, and the self-employed. It offers credit solutions and working capital through embedded lending, including invoice factoring that unlocks liquidity by financing outstanding invoices. The platform combines manual assessment, traditional scoring models, and alternative data to tailor lending decisions and support cash-flow management. By integrating financing into the operations of non-financial businesses, Finiata aims to facilitate sustainable growth for its customers through automated, accessible online lending.

ICEYE is a Finnish company that operates a large synthetic aperture radar satellite constellation to provide near real-time Earth observation data. Its radar imagery works in all weather and at any time, independent of daylight, enabling monitoring and mapping for insurance, disaster response, maritime surveillance, and defense. Customers use ICEYE data to assess flood and wildfire risks, track storm impacts, monitor crops, detect oil spills, monitor sea ice and port activity, and support search-and-rescue operations and security missions. Founded in 2014 and based in Espoo, Finland, ICEYE enables decision-makers to observe areas of interest globally and rapidly respond to events with satellite imagery.

Offr Limited is a technology company that operates a platform designed for residential and commercial property agents to facilitate the buying and selling of real estate. The platform allows buyers to make private offers, participate in auctions, schedule viewings, and manage essential documentation such as proof of funds and legal contracts, all within a streamlined digital interface. Offr's solution enhances the property transaction experience by enabling agents to conduct various transaction types, including binding sales, conditional sales, and sealed bids. The company ensures that all buyers are pre-qualified, enhancing the integrity and efficiency of the offer process. Founded in 2018, Offr is headquartered in Dublin, Ireland, with an additional office in London, United Kingdom.

Oneplanetcrowd is a pioneering sustainable crowdfunding platform based in the Netherlands, established in 2012. The platform facilitates funding for entrepreneurs by connecting them with a crowd of investors who are interested in supporting innovative products and services that promote sustainability and social impact. Oneplanetcrowd enables startups and energy projects to raise capital through online loan and equity crowdfunding, allowing them to secure necessary funds without directly soliciting individual investors. By focusing on projects that contribute positively to society and the environment, Oneplanetcrowd aims to foster a more sustainable future while providing investment opportunities for those looking to make a difference.

Founded in 2017, Amphista Therapeutics is a biopharmaceutical company based in Motherwell, UK. It specializes in developing first-in-class cancer therapeutics using targeted protein degradation technology to selectively remove disease-causing proteins.

Seekyo is a biotechnology company developing next-generation chemotherapies. It focuses on targeting the microenvironment of solid tumors while sparing healthy tissues, aiming to provide treatments without adverse effects for cancer patients.

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MedLease specializes in financing solutions for healthcare SMEs, young healthcare professionals and patients. Doctors, partnering clinics and MedLease all share the same end customer – the patient. The company strives to achieve synergy via helping young professionals improve their qualification, financing smaller clinics purchase modern machines for treatment/diagnostics and provide the patients with reliable and transparent socially responsible healthcare financing solutions. MedLease believes that this synergy based business model provides trickle down effects that benefits and improves the quality of life of the end customer.

Telecom Italia provides technological infrastructures and platforms for voice and data, delivering advanced telecommunications services and ICT and media solutions. It builds nationwide fiber fixed-line network infrastructure and offers international connectivity through Sparkle, alongside mobile and fixed-line telephony products and support for small and medium enterprises undergoing digitalization with tailored solutions. As Italy's incumbent operator, the group maintains a substantial presence in mobile and broadband markets; after selling its fixed-network assets to KKR, it positions itself primarily as a services provider. It also operates TIM Brasil, where wireless market share is smaller than that of its peers.

TISSIUM is a medical device company headquartered in Paris, France, focused on the development and commercialization of innovative biodegradable sealants and adhesives for surgical wound closure, particularly in minimally invasive procedures. The company's products are designed to be non-toxic, provide strong adhesion to tissues, and enable rapid wound closure in the body's dynamic environments. TISSIUM leverages advanced research and intellectual property from renowned laboratories, including those of Robert Langer at MIT and Jeff Karp at Brigham and Women’s Hospital. Its technology platform includes a proprietary family of fully biosynthetic, biomorphic, and programmable polymers, which are tailored for tissue reconstruction across various clinical applications. Founded in 2013, TISSIUM is supported by leading healthcare investors and aims to address unmet clinical needs through its groundbreaking approach to wound management.

Worldcoo is a Barcelona-based company dedicated to funding NGO solidarity projects via omnichannel committed companies. It facilitates 'Charity Rounding Up', allowing establishments to offer customers the option to round up their transaction amount and donate the difference to social causes. Worldcoo, part of the B Corp movement, aims to foster innovation, transparency, and positive impact on society.

Pantherna Therapeutics GmbH is a biopharmaceutical company based in Hennigsdorf, Germany, founded in 2017. The company specializes in developing innovative mRNA therapeutics aimed at treating acute respiratory distress syndrome (ARDS) and vascular diseases. Pantherna Therapeutics utilizes a unique technology platform based on advanced nanoparticles that facilitate the delivery and expression of therapeutic mRNA drugs specifically in the endothelium. This approach aims to prevent the formation of edema and lung tissue injury associated with ARDS while also enabling the restoration of endothelial cell function.

Mipise develops a fintech platform that digitizes asset management activities and facilitates collaborative finance. It specializes in creating white-label solutions, combining technological tools with financial expertise to enhance efficiency and adapt to evolving client needs.

gini is a developer of a personal financial management (PFM) application launched in 2018, aimed at simplifying financial management for users. The app connects to 3,000 banks across 60 countries, allowing nearly 100,000 users to manage their finances more effectively. It offers features such as consolidated spending data, personal money insights, timely reports, and visual analytics, all in one convenient platform. gini has also expanded into the B2B sector, providing financial institutions with data enrichment technology to enhance customer understanding and engagement. By leveraging unstructured big data, gini helps banks and lenders create personalized digital banking experiences, fostering customer loyalty and improving sales. The application not only benefits individual users but also assists small businesses by syncing financial data across various systems, thereby facilitating better financial planning and decision-making.

SET Ventures is an Amsterdam-based venture capital firm founded in 2007 that invests in European energy and renewable sector companies across early to growth stages. It backs digital technology-enabled solutions aimed at carbon-free energy systems, including energy generation, distribution and storage, energy efficiency, and smart energy applications in buildings, industry, mobility, and infrastructure. The firm targets investments in technology-enabled clean energy and sustainability initiatives, often with a focus on smart grid, energy storage, and EV/green building applications, and seeks to support portfolio companies with strategic guidance, including board participation. Typical check sizes range from approximately €0.5 million to €6 million per company over the life of participation. SET Ventures concentrates on Europe and prioritizes companies that combine software and hardware components to create scalable energy solutions.

LendInvest, established in 2008, is a London-based online platform that facilitates property lending and investing. It enables everyday investors to access various asset classes through its marketplace, which underwrites and pre-funds investments. The company offers a range of property finance solutions, including bridge loans, development loans, and buy-to-let loans, catering to intermediaries, landlords, and developers across the UK.

MedLease specializes in financing solutions for healthcare SMEs, young healthcare professionals and patients. Doctors, partnering clinics and MedLease all share the same end customer – the patient. The company strives to achieve synergy via helping young professionals improve their qualification, financing smaller clinics purchase modern machines for treatment/diagnostics and provide the patients with reliable and transparent socially responsible healthcare financing solutions. MedLease believes that this synergy based business model provides trickle down effects that benefits and improves the quality of life of the end customer.

Mironid Limited is a biotechnology company based in Newhouse, United Kingdom, that specializes in drug discovery and development. Founded in 2014, Mironid focuses on creating innovative drug candidate molecules that modulate key cell signaling proteins to address degenerative kidney diseases, chronic inflammatory diseases, and cancer. The company's pipeline includes unique compounds designed to treat these conditions, utilizing a Physiology Mirroring Approach that aligns drug target environments with those found in living cells. Mironid aims to identify and validate novel drug targets, particularly in areas with significant unmet medical needs, by leveraging advanced technologies to streamline and enhance the drug discovery process. Through its dedicated efforts, Mironid seeks to develop differentiated therapies that improve patient health and quality of life.

We finance the scaling up of companies developing significant social impact and assist our portfolio through our offices in Paris, Copenhagen, Frankfurt & Barcelona. Our investors: European Investment Fund (EU), BPI France, BNP Paribas, JP Morgan Chase, HSBC, AXA, Vivendi, Bouygues, Ardian, SWEN Capital Partners, CNP Assurances, Crédit agricole and more. Founded in 2007, we are a pioneer and a leading social impact fund in Europe. IMPACT was created out of our conviction that financial and social performance must be integrated. By supporting entrepreneurial projects that generate impact, we aim to contribute to greater social and economic inclusion, and affirm that private equity can also take the form of impact investing. We invest in healthcare, edtech, circular economy, wellfaretech, cobots for people, healthrobotics and more. We are especially interested in companies that make an impact within education, for people with disabilities or create inclusive jobs in urban deprived areas.

Reposito is develops smart phone applications for digitization, storage, and on-line management of receipts.

MiddleGame Ventures is a venture capital firm founded in 2017, with offices in Washington, D.C. and Luxembourg City. The firm specializes in investing in early-stage and late seed companies, primarily in the fintech sector. It focuses on businesses that are transforming financial services from analog to digital and from centralized to decentralized models. MiddleGame Ventures emphasizes investment in areas such as middleware solutions, artificial intelligence, big data, blockchain, and crypto-enabled infrastructure. The firm aims to partner with entrepreneurial teams that are rearchitecting financial services infrastructure, with a particular interest in sectors like core banking, insurance risk management, and regulatory compliance. Its investment activities are primarily concentrated in the European Union and North America.