European Investment Fund

The European Investment Fund (EIF), established in 1994, serves as a key investment arm of the European Investment Bank, focusing on enhancing access to finance for small and medium-sized enterprises (SMEs) across Europe. It specializes in venture capital and private equity, making direct investments in a range of stages from seed to growth capital, with a particular emphasis on disruptive technology and life sciences. The EIF also develops guarantees and microfinance instruments targeted at early-stage enterprises, especially in Bulgaria, Slovakia, and other Central and Eastern European regions. By taking cornerstone investments in funds, the EIF catalyzes private investments and fosters a supportive ecosystem for venture capital, which is crucial for nurturing innovative entrepreneurs. Over the years, it has significantly expanded its portfolio, managing over €14 billion in equity investments, thereby playing a vital role in the evolution of the European venture capital market. The EIF aims to align its efforts with European Union objectives related to innovation, research, and employment, while also supporting the growth of Slovak SMEs.

Simon Buhl

Investment Manager

Filipe Cartaxo

Alternate Director

Ulrich Grabenwarter

Deputy Director, Equity Investments

John Holloway

Director, Private Equity Investments

Matteo Squilloni

Head of Southern Europe - Equity Investments - Lower Mid-Market

Piyush Unalkat

Principal, Equity Investments and Head of Technology Transfer and IP Investments

Johannes Virkkunen

Head of ICT Investments, Venture Capital

65 past transactions

EatRight

Private Placement in 2018
Eat Right offers food products. The Company is based in Milan, Italy.

October

Venture Round in 2023
October mission is to empower businesses to thrive by simplifying and democratizing their funding. October was born in France at the end of 2014, under the name Lendix, thanks to a new regulation opening up the banking monopoly. Today we operate as a pan-European lending platform with offices in France, Spain, Italy and the Netherlands.

Blackbill Internet GmbH

Private Placement in 2020
Blackbill Internet GmbH operates platform to pay bills online. The company is headquartered in Berlin, Germany.

Pantherna Therapeutics

Private Placement in 2019
Pantherna Therapeutics is a privately-held biopharmaceutical Company developing first-in-class therapeutics for vascular diseases. Pantherna’s innovative technology platform is based on advanced nanoparticles for the delivery and expression of therapeutic mRNA drugs in the endothelium. Pantherna is based in Hennigsdorf (Brandenburg) close to Berlin, Germany.

Sonarworks

Private Placement in 2019
Sonarworks Ltd. develops and licenses software that calibrates sound on current headphones and speakers. It offers Reference 4 studio edition to work on headphones and speakers in studios; Reference 4 headphone edition for sound creation on headphones; True-fi for listeners; and headphones and mics. The company’s studio software is used by professional recording studios. Its software available online; and through dealers in Latvia and internationally. Sonarworks Ltd. was founded in 2012 and is based in Riga, Latvia.

vestr

Private Placement in 2020
Vestr facilitates the creation and life-cycle management of Actively Managed Certificates. The company offers fund management services to its clients.

TOOPI Organics

Private Placement in 2020
Toopi Organics SAS manufactures human urine based biostimulants for agriculture. Its products are Arbop and Vitip used for the growth of plants. Toopi Organics SAS was incorporated in 2019 and is based in Langon, France.

Seekyo

Debt Financing in 2020
Seekyo SAS is a biotechnology company that engages in the development of treatment options for cancer patients. The company develops smart molecular systems for transport of potent anticancer agents; recognition of malignant specificities; and controlled release of parent drug. It also develops antibody drug conjugates and small molecule drug conjugates that target either cancer cell surface markers or tumor microenvironment hallmarks. Seekyo SAS was founded in 2018 and is based in Poitiers, France.

Olinda SAS

Private Placement in 2018
Olinda SAS develops and offers neo banking platform for entrepreneurs and startups. The company offers Qonto business account for expense management, company card issuing, and cash flow services. It operates under the payment services regulation; and provides current account that allows the users to transfer cash, make card payments, etc. The company was incorporated in 2016 and is headquartered in Paris, France.

Askur Oy

Merger/Acquisition in 2015
Askur Oy owns KFC and Pizza Hut brand restaurants in Finland. The company was incorporated in 2006 and is based in Helsinki, Finalnd.

Ciclogreen

Private Placement in 2020
Ciclogreen Move and Win, S.L. designs and develops a mobile application to promote sustainable mobility practices and reduce CO2 emissions. The company also offers rewards for environmental and social works. The company also provides business solutions for employers for rewarding employees with gifts and discounts for cycling and walking to work. The company offers solutions for universities, businesses, and smart cities. Ciclogreen Move and Win, S.L. was incorporated in 2016 and is based in Seville, Spain.

gini

Seed Round in 2019
In 2018, gini officially launched their personal financial management (PFM) app with the mission of making it easy for anyone to be great at managing their finances. gini automatically syncs 3,000 banks in 60 countries, and to empower close to a hundred thousand users around the world to have a stress-free financial life. With this unique experience, gini has extended their footprint to B2B sector by helping financial institutions understand their customers better, using data. Banks, lenders and other FIs are using gini’s data enrichment technology to provide engaging experiences to their customers - increasing loyalty and sales. The cutting edge data-driven solutions help banks and businesses better understand unstructured big data, gain greater insight into customers’ lives and deliver a personalised digital banking experience.

Nostoc Biotech

Private Placement in 2020
Nostoc Biotechnologies, S.L. produces natural fertilization and protection solutions for crops and gardening. It offers fertilizers for garlic and onions, cotton, rice, cereals, grass, citrus, strawberries and other berries, sweet fruits, tropical fruits, nuts, vegetables under shelter, outdoor vegetables, legumes, corn, melon and watermelon, olive, tobacco, vine, garden, orchard, trees and shrubs, and perennial and annual plants. The company was founded in 2014 and is based in Madrid, Spain.

Amphista Therapeutics

Private Placement in 2020
Amphista Therapeutics operates as a biopharmaceutical company creating first-in-class cancer therapeutics that harness the body's natural processes to selectively and efficiently degrade and remove disease causing proteins.

Finiata

Venture Round in 2020
Finiata provides finance platform to SMEs, freelancers, and the self-employed. The company provides credit to its own customers. Finiata provides invoice factoring (or invoice financing) whereby companies secure credit by selling outstanding invoices to a third party at a discount. The company is based in the United States.

One planetcrowd

Venture Round in 2020
Oneplanetcrowd since 2012, the first sustainable crowdfunding platform in the Netherlands. Through the platform, entrepreneurs finance the development of their innovative products and services with resources from 'the crowd'. Projects on Oneplanetcrowd contribute to a more sustainable or more social world.

CrossLend

Private Placement in 2018
CrossLend GmbH operates an online lending platform for digital credit mediation and financing. It provides cross-border credit mediation through cooperation with its partner bank. It also provides digital infrastructure, transformation, and standardisation. The company provides finance to marketplace, including consumer loan, development loan, invoices, mortgages, sme loans, and bridging loan. The company was founded in 2014 and is headquartered in Berlin, Germany.

ICEYE

Private Placement in 2020
ICEYE Oy provides real-time access to imagery through optical imaging technology. It enables users to monitor illegal fishing, oil spills, storm damage, and forest growth; monitor crops growth, storm damages, and pest movements; map other planets for resources and ensure exploration safety; monitor flood damage, receive real-time mapping for aid activities, and conduct maritine search and rescue; and monitor port or storage activity, monitor sea ice and icebergs, track pirate vessels, and view highway activity. The company was founded in 2014 and is based in Espoo, Finland.

Le Drive tout nu

Private Placement in 2020
Le Drive tout nu retails online zero waste organic products. It offers food, such as fruits and vegetables, grocery, eggs, breakfast products, baby food, and drinks; cosmetics, including soaps, shampoos, dental hygiene products, face and body care products, and bathroom accessories; and housekeeping items, which include laundry products, soil care items, and dishes. The company was incorporated in 2018 and is based in Beauzelle, France.

ADmit Therapeutics

Private Placement in 2020
ADmit Therapeutics, S.L. designs and develops a diagnostic test products for early detection of Alzheimer’s disease. The company's diagnostic test is based on an epigenetic analysis in blood samples and represents the determination in blood of a series of mitochondrial biomarkers, which not related to ß-amyloid or tau. It caters to pharmaceutical companies. The company was founded in 2017 and is based in Begues, Spain.

Innovahealth S.L.

Private Placement in 2020
Innovahealth S.L., trading as Healthinn, develops and manufactures lightweight robotic solution for rehabilitation of finger/thumb manipulation and functional grasp. Its system can be used as a standalone device or in conjunction with arm rehabilitation systems to target hand impairments. The company also offers ReHand, an application to prescribe, treat, and monitor patients. Innovahealth S.L. was incorporated in 2016 and is based in Seville, Spain.

Pipelinepharma

Private Placement in 2019
Pipelinepharma is a global marketplace, networking and trading platform for pharmaceutical executives with free of charge product registration for in- and out-licensing, 31.000+ registered products: 19.400+ commercially available dossiers of finished formulations for out-license or distribution, 11.600+ API’s for sale, 400+ Marketing authorizations (MA’s); 1.400+ dossiers which clients are seeking for in-license. Marketplace available online for the computers, tablets and smart phones and do not require any special installations.

Amphista Therapeutics

Series A in 2020
Amphista Therapeutics operates as a biopharmaceutical company creating first-in-class cancer therapeutics that harness the body's natural processes to selectively and efficiently degrade and remove disease causing proteins.

Mipise

Seed Round in 2019
MIPISE is the leader in the creation of white-label Crowdfunding platforms. MIPISE supports the digitalization of financial services. MIPISE also offers collaborative tools for mobilization. Leader in the creation of white label Crowdfunding platforms, MIPISE has developed a modular and customizable technical solution with an integrated payment system that supports in the engagement of communities and in the fully dematerialized and digitalized management of activities.

Maymana

Private Placement in 2018
Maymana is a major Moroccan high-end catering company. Founded in 1985 by Mrs. Naima Berrada Benchakroun with the ambition to help empower women in Morocco, Maymana is today a major high-end catering company also operating in the bakery, pastry and fine grocery sectors. Since its creation, the company made sure to preserve both high and constant quality of its products. Maymana operates a chain of six stores located in Morocco and France, has 300 employees and makes c.MAD80m of annual turnover. Still in portfolio

SET Fund III

Funding Round in 2019
Since 2007, Amsterdam-based SET Ventures has invested in European technology companies that impact the future of the energy system. SET Ventures focuses broadly on innovative energy generation, energy distribution and storage and energy efficiency. SET Fund III provides early growth-stage capital to ventures that shape the energy system transition through smart software and services-based business models.

Offr

Seed Round in 2020
Offr Limited develops, owns, and operates a platform for residential and commercial agents that helps in the buying and selling of property. The company’s platform enables buyers to make private offers, bid in auctions, book viewings, upload proof of funds, download legal documents, and digitally sign contracts. Its products include Offr, docusign, stripe, and AWS. It serves agents, buyers, sellers, and solicitors. The company was incorporated in 2017 and is based in Dublin, Ireland with additional location in London, United Kingdom.

MedLease

Debt Financing in 2019
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.

Agilentia AG

Private Placement in 2020
Agilentia AG provides a platform that connects stock corporations, board of directors, and investors. Its platform offers a tool for investor relations (IR) department for the guided management of data and the instructions needed in preparation for the general meeting; enables shareholders to give their vote in the general meeting; and offers the integration of qualified proxy advisors in the process of opinion-forming. The company’s platform also enables to provide board of directors with the relevant documents for each meeting; prepare the board of directors meeting on the go; make a conference call and walk colleagues through documents with the position navigator; and access various files. It serves institutional investors, communication advisors, and IR associations. Agilentia AG is based in Zurich, Switzerland.

AQUISGRÁN

Debt Financing in 2024
AQUISGRAN is an SGR initiative to provide Aachen loans and investments to current and future SME partners by issuing MARF-listed bonds.

illimity

Debt Financing in 2023
illimity is a banking startup with a highly innovative and highly technological business model.

Noviti Finance

Debt Financing in 2023
Noviti Finance offers financing without any hidden conditions or additional fees. They openly indicate the contract fee and interest rate. They do not create additional fees that double the cost of the loan. They reduce the number of formalities. They will provide the financing within 1 day and clients will receive the money in their account on the same day, all they have to do is sign the contract. They have already helped more than 1,600 companies in the country.

Reposito

Seed Round in 2013
Reposito is develops smart phone applications for digitization, storage, and on-line management of receipts.

Evologic Technologies

Venture Round in 2021
Evologic is working as hub between problem focused users and technology oriented experts. By forging high tech approaches into user-friendly applications Evologic provides sustainable solutions for everyday problems of the industrial and private sector.

DELMIC

Venture Round in 2023
Delmic B.V. manufactures correlative light and electron microscopy solutions. Its products include SECOM which is used for integrating fluorescence and electron microscopy; SPARC, a high-performance cathodoluminescence detection system; and Delphi, a fluorescence and scanning electron microscope. Delmic B.V. also develops software to navigate the integrated microscopy systems. The company was incorporated in 2010 and is based in Delft, the Netherlands.

Neki Creactivos, S.L.

Private Placement in 2019
Neki Creactivos, S.L. manufactures bracelets for children that connect to smart phones. The company's product delivers location based alerts to parent's phone while tracking the movement of children. Neki Creactivos, S.L. was incorporated in 2014 and is based in Zaragoza, Spain.

More Champ Limited

Private Placement in 2019
More Champ Limited develops an application to track spending. It offers Gini, a personal finance management application linked to multiple bank accounts and credit cards from different providers which allows users to monitor all their spending in one place. The company was incorporated in 2012 and is based in Hong Kong.

Caring Well, S.L.

Private Placement in 2020
Caring Well, S.L. provides home care, internal caregiver, accompaniment (to the hospital or residence), and remote monitoring services for people with dependence in Spain. The company is based in Sabadell, Spain.

Offr

Private Placement in 2020
Offr Limited develops, owns, and operates a platform for residential and commercial agents that helps in the buying and selling of property. The company’s platform enables buyers to make private offers, bid in auctions, book viewings, upload proof of funds, download legal documents, and digitally sign contracts. Its products include Offr, docusign, stripe, and AWS. It serves agents, buyers, sellers, and solicitors. The company was incorporated in 2017 and is based in Dublin, Ireland with additional location in London, United Kingdom.

TISSIUM

Series B in 2019
TISSIUM is a privately owned medical device company based in Paris, France that is dedicated to the rapid development and the commercialization of revolutionary biodegradable sealants and adhesives for wound closure in the field of surgery, with a key focus on minimally invasive surgery. TISSIUM is developing products that are non-toxic, bind strongly to tissues and deliver ‘on-demand’ wound closure within the ‘wet’ and dynamic environments in the body. The Company’s technology and products are based on world-class research and intellectual property from the laboratories of Robert Langer (MIT) and Jeff Karp (Brigham & Women’s Hospital). Gecko was founded in 2013 and is backed by leading healthcare investors Omnes Capital, CM-CIC and CapDecisif Manangement.

Carto

Series C in 2021
From smartphones to connected cars, location data is changing the way we live and the way business happens. CARTO is the platform that turns spatial data into more efficient delivery routes, better behavioral marketing, strategic store placements, and much more. Data Scientists, Developers, and Analysts solve spatial problems using CARTO’s data and analysis to understand where and why things happen, optimize business processes, and predict future outcomes through the power of Spatial Data Science. Backed by leading VC firms Accel Partners, Salesforce Ventures, Earlybird Ventures, and Kibo Ventures, CARTO is the world’s leading Location Intelligence platform. Founded in 2012 by an environmental scientist and visualization experts, CARTO is headquartered in New York City with offices in Madrid, Seville and Washington DC. CARTO has a team of 130 employees, a portfolio of 2,500 customers including BBVA, BCG, New York City, and Twitter and more than 350,000 users around the globe - and has regularly been recognized by Gartner and Forrester for its innovation in the Location Intelligence space.

Mipise

Private Placement in 2019
MIPISE is the leader in the creation of white-label Crowdfunding platforms. MIPISE supports the digitalization of financial services. MIPISE also offers collaborative tools for mobilization. Leader in the creation of white label Crowdfunding platforms, MIPISE has developed a modular and customizable technical solution with an integrated payment system that supports in the engagement of communities and in the fully dematerialized and digitalized management of activities.

ICEYE

Series C in 2020
ICEYE Oy provides real-time access to imagery through optical imaging technology. It enables users to monitor illegal fishing, oil spills, storm damage, and forest growth; monitor crops growth, storm damages, and pest movements; map other planets for resources and ensure exploration safety; monitor flood damage, receive real-time mapping for aid activities, and conduct maritine search and rescue; and monitor port or storage activity, monitor sea ice and icebergs, track pirate vessels, and view highway activity. The company was founded in 2014 and is based in Espoo, Finland.

Rewind Therapeutics

Private Placement in 2018
Rewind Therapeutics operates as a biotech company that develops novel re-myelinating therapies for patients suffering from multiple sclerosis and other myelin-related diseases. The company is based in Leuven, Belgium.

Worldcoo

Private Placement in 2019
Worldcoo is the European social company based in Barcelona, aimed at funding NGO solidarity projects through omnichannel committed companies (ecommerce, banks or retailers). In ecommerce, it achieves that by integrating a check-box in ecommerce’s shopping cart, which allows customers to donate 1€ while performing any online transaction. Its goal is to help people in need and make together a better world. Worldcoo was founded on 2012 and is based in Barcelona, Spain.

AGRIVI

Series A in 2020
AGRIVI is a global agritech company that supports agri-food value chain with digital agriculture technologies. AGRIVI's market leading farm management platform is used by customers in 100+ countries.

Pantherna Therapeutics

Seed Round in 2019
Pantherna Therapeutics is a privately-held biopharmaceutical Company developing first-in-class therapeutics for vascular diseases. Pantherna’s innovative technology platform is based on advanced nanoparticles for the delivery and expression of therapeutic mRNA drugs in the endothelium. Pantherna is based in Hennigsdorf (Brandenburg) close to Berlin, Germany.

LendInvest

Series C in 2018
LendInvest operates an online marketplace for property lending and investing. Its online marketplace platform lets everyday investors access various types of asset classes; and underwrites and pre-funds various investments. LendInvest also offers short-term property finance, such as bridge loans, development loans, and buy-to-let loans. Christian Faes and Ian Thomas founded it in 2008, with its headquarters in London in the United Kingdom.

Cyberhedge

Private Placement in 2019
Cyberhedge operates as a stealth security company. The company was founded in 2018 and is based in Washington, District Of Columbia.

Worldcoo

Seed Round in 2019
Worldcoo is the European social company based in Barcelona, aimed at funding NGO solidarity projects through omnichannel committed companies (ecommerce, banks or retailers). In ecommerce, it achieves that by integrating a check-box in ecommerce’s shopping cart, which allows customers to donate 1€ while performing any online transaction. Its goal is to help people in need and make together a better world. Worldcoo was founded on 2012 and is based in Barcelona, Spain.

MedLease

Debt Financing in 2018
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.

Impact Partners Nordic

Series A in 2015
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.

Telecom Italia

Post in 2019
Telecom Italia offers technological infrastructures and platforms in which voice and data are converted into advanced telecommunications services - as well as the latest ICT and Media solutions. These tools cater for the Group's as well as the country's growth.

TISSIUM

Private Placement in 2019
Tissium SA, a medical device company, engages in the development and commercialization of biodegradable sealants and adhesives in the field of surgery. It also offers biopolymer platform to address various unmet clinical needs. Tissium SA was formerly known as Gecko Biomedical SAS. The company was founded in 2013 and is based in Paris, France.

Resalta

Private Placement in 2019
Resalta is an energy efficiency company providing services to reduce environmental footprint and better manage energy consumption. The company's mission is to deliver to their clients innovative, technologically advanced, and reliable solutions in the field of energy services, that strongly improve their business competitiveness, energy efficiency, and environmental footprint. Resalta designs energy efficiency projects based on thorough analyses of the consumption and needs. It also develops renewable energy projects to increase renewables in the energy of each country they operate in. Resalta was founded in 2011 and is headquartered in Ljubljana-Črnuče, Slovenia.

SOLATOM

Private Placement in 2020
Solatom CSP SL produces high temperature renewable heat from solar plant. The company operates as a solar concentrator designed for generating high temperature heat in industrial processes from steam, hot water, and thermal oil. Solatom CSP SL was incorporated in 2014 and is based in Valencia, Spain.

Middlegame Ventures

Funding Round in 2020
Middlegame Ventures (MGV) is a FinTech​ Venture Capital firm investing in early stage growth businesses focused on Financial Innovation.

Vyoma GmbH

Seed Round in 2024
Developer of satellite-based observation system designed for space debris monitoring. The company utilizes a proprietary fleet of satellites, software suites, sensors, and machine learning algorithms to catalog and identify space debris, process images, assess space traffic, and provide maneuvering instructions for satellites, enabling satellite operators and owners to autonomously navigate and avoid collision with the debris.

Galeneo

Seed Round in 2023
Galeneo is a fast-growing startup aiming to transform delivery of primary home healthcare. We manage patients needs under prescription more efficiently supported by multidisciplinary teams.

Mironid

Venture Round in 2018
Google Analytics is a web analysis service provided by Google. Google utilizes the data collected to track and examine the use of www.mironid.com, to prepare reports on its activities and share them with other Google services. Google may use the data collected to contextualize and personalize the ads of its own advertising network.

Convelio

Series B in 2022
Convelio is a global logistics startup specialized in fine art shipping.

Instant Factoring

Debt Financing in 2024
Instant Factoring is a fintech factoring platform providing liquidity to small entrepreneurs in max 24h, powered by robot-underwriting, transactions transparency using the blockchain, and developing machine learning based credit risk algorithms. We enable entrepreneurs to reap the rewards of their hard work immediately, turning their invoices into cash as the easiest step to getting the money they need quickly, without the burden of bureaucracy, extremely long analysis and response time. Instant Factoring’s mission is to enable the development of small businesses by providing them with flexible and innovative financing solutions. The company estimates that more than 15.000 small businesses will use its services by the end of 2022, with an average value of invoice financed of approximately EUR 2.000. Distinguishing features of the platform include: the unique and patented internal credit-scoring tool, leveraging artificial intelligence and predictive analytics to provide fast credit decisions; registering the invoice portfolio ledger on the blockchain as an anti-fraud / double sale of an invoice, while in the near future we intend to implement smart contracts and payment ledger on the blockchain. Data and information is gathered from multiple sources and processed efficiently to rate customer invoices, and provide up front transparency on pricing. The internal algorithm is continuously improving through machine learning, bringing significant competitive advantage to the business.