Metavallon VC

Metavallon VC is a venture capital investment firm based in Athens, Greece, founded in 2018. The firm specializes in financing Seed and Seed+ stage technology startups, with a focus on ambitious entrepreneurs who are innovating in various sectors, including B2B models and deep tech ventures. Managing over €50 million in capital, Metavallon VC has invested in 33 startups since its inception, supporting companies such as Think Silicon, Better Origin, Krotos, Ferryhopper, Bioemtech, Wikifarmer, and Useberry. The firm employs a hands-on approach, leveraging its extensive network and industry experience to provide strategic guidance and support to entrepreneurs, helping them to transform their bold ideas into successful businesses.

Maria Kapsitidou

Investment Associate

George Karantonis

Partner

Konstantinos Karvounakis

Principal

Yorgos Mousmoulas

Partner

Myrto Papathanou

Partner

43 past transactions

Smartify

Venture Round in 2025
Smartify is a social enterprise that offers an innovative mobile application designed to enhance the experience of art enthusiasts by providing instant access to commentary and information about artworks. The app utilizes image recognition technology, allowing users to scan and identify art pieces, uncover their histories, and save their favorite works. By serving as a personalized guide to partnered museums and galleries, Smartify aims to foster meaningful connections between individuals and art. Additionally, the company is committed to protecting the intellectual property of artists and museums, ensuring that a portion of its profits supports the public institutions it collaborates with, thereby contributing to the global visual arts community.

Workorb AI

Seed Round in 2024
Workorb AI, based in Toronto, specializes in AI-driven data management solutions for Architecture, Engineering, and Construction (AEC) firms. Their platform automates the processing, organization, and curation of project data, enhancing business development processes and unlocking the value of historical project data. This includes automating repetitive tasks such as drafting proposals, responding to tenders, and organizing project information, thereby increasing productivity and improving workflows in the AEC industry.

Workearly

Seed Round in 2024
Workearly, operated by Reatcode Group, is a leading edTech platform specializing in AI-driven upskilling and reskilling. In just three years, the company has trained over 17,000 candidates, focusing on enhancing technology and business skills. Its gamified platform offers training services and certifications tailored for high-demand professional roles, supporting both individual career advancements and corporate training initiatives. Workearly serves as a vital resource for professionals seeking to transition into new career paths, particularly in major global tech hubs.

Feel Therapeutics

Venture Round in 2024
Feel Therapeutics is a digital precision medicine company focused on mental health. It develops physiological and digital biomarkers, along with therapeutics, to enhance the diagnosis, management, and care of mental health conditions. The company's flagship product is a data monitoring device, which is a wristband equipped with five embedded sensors that collect biometric data. This data is analyzed using advanced computer science techniques to create digital biomarkers. Feel Therapeutics aims to provide objective data and passive monitoring to help users improve their mental well-being and cultivate lasting positive emotional habits through its proprietary algorithms and medical-grade wearables.

LangAware

Seed Round in 2023
LangAware, Inc. is a company that specializes in the development of an online health platform aimed at predicting neurodegenerative diseases through the detection and monitoring of digital biomarkers derived from language and speech. Founded in 2019 and based in Athens, Greece, LangAware leverages artificial intelligence and machine learning technologies to facilitate the early detection of conditions such as Alzheimer's disease. By evaluating cognitive status, the platform provides valuable insights to both physicians and patients, enabling early cognitive assessments that can help in the prevention and management of Alzheimer’s and related dementias.

Trucksters

Series B in 2023
Trucksters is a Madrid-based freight startup that specializes in long-haul transport services through an innovative relay system. This approach utilizes big data and artificial intelligence to optimize logistics, significantly reducing transit times for long-distance road freight. By enabling trucks to remain continuously in motion via strategically placed relays, Trucksters enhances delivery efficiency and lowers transportation costs. The company serves over 500 shippers across the European Union, contributing to the acceleration of the electrification agenda while also aiming to improve the quality of life for drivers.

Perceptual Robotics

Venture Round in 2023
Perceptual Robotics, founded in 2016, specializes in designing and developing Unmanned Aerial Vehicles (UAVs) for inspection purposes, primarily focusing on wind turbines. Their flagship product, Dhalion, is an intelligent, autonomous UAV that enables existing inspection engineers to conduct thorough, efficient, and safe inspections at the press of a button. Dhalion captures high-quality images and data, identifying defects such as lightning strikes, cracks, erosion, and delamination on turbine towers and blades. The company, based in Bristol, UK, aims to increase inspection frequency, enhance data quality, and minimize health and safety risks, thereby supporting informed operational and maintenance decisions.

Wikifarmer

Seed Round in 2023
Wikifarmer is a digital platform that serves as an extensive knowledge library for farmers worldwide, offering best practices to enhance crop yield and profitability. It also functions as an online marketplace, facilitating direct sales between farmers and buyers, aiming to create a more equitable and transparent environment for the agricultural industry.

Ferryhopper

Series B in 2022
Ferryhopper is an online ferry booking platform that simplifies the process of planning and booking trips to various destinations in Greece and beyond. It offers users access to over 160 ports in Greece, Italy, and Turkey, allowing for both direct and indirect connections. The platform stands out as the first to provide comprehensive options for island-hopping, enabling travelers to book multiple tickets in one transaction and effortlessly manage their itineraries. With features such as price comparison, e-ticket integration, and an enhanced user experience, Ferryhopper aims to make ferry travel accessible and stress-free for its users.

Wikifarmer

Seed Round in 2022
Wikifarmer is a digital platform that serves as an extensive knowledge library for farmers worldwide, offering best practices to enhance crop yield and profitability. It also functions as an online marketplace, facilitating direct sales between farmers and buyers, aiming to create a more equitable and transparent environment for the agricultural industry.

Lerna AI

Pre Seed Round in 2022
Lerna AI is a mobile application focused on enhancing user engagement through the use of on-device federated learning. The company specializes in developing mobile user profiling systems that leverage artificial intelligence and machine learning to deliver personalized experiences, including tailored news, articles, and music recommendations. By categorizing users based on factors such as churn propensity and optimal content timing, Lerna AI aims to improve the overall effectiveness of mobile applications and their ability to connect with users. Their innovative approach prioritizes privacy while providing clients with valuable insights into user behavior.

Better Origin

Series A in 2022
Better Origin is a company focused on addressing the issue of food waste by utilizing natural upcyclers, specifically insects. It operates AI-powered insect mini-farms, known as the Better Origin X1, which are designed to convert excess feedstock and food waste into valuable products such as biodiesel, high-protein animal feed, and frass. By integrating advanced technology with natural processes, Better Origin aims to create a sustainable solution that enhances livestock productivity, improves animal welfare, and reduces carbon emissions. The company's innovative approach seeks to establish a new symbiosis between nature and technology, contributing to food security and a more efficient food chain.

Trucksters

Series A in 2022
Trucksters is a Madrid-based freight startup that specializes in long-haul transport services through an innovative relay system. This approach utilizes big data and artificial intelligence to optimize logistics, significantly reducing transit times for long-distance road freight. By enabling trucks to remain continuously in motion via strategically placed relays, Trucksters enhances delivery efficiency and lowers transportation costs. The company serves over 500 shippers across the European Union, contributing to the acceleration of the electrification agenda while also aiming to improve the quality of life for drivers.

Krotos

Seed Round in 2022
Krotos Limited is a company specializing in the development of audio software products tailored for the entertainment industry. Founded in 2013 and headquartered in Edinburgh, United Kingdom, Krotos offers a variety of plugins, including vocal processing tools that create diverse vocal effects suitable for applications ranging from video games to theatre performances. The company's software also provides sound libraries, enabling users to enhance their projects with a wide array of sounds, and standalone applications that streamline workflows for producing creature sounds in real-time. Krotos serves a global clientele, including AAA game developers, Hollywood studios, and post-production companies, and distributes its products online to facilitate easy access for users in the industry.

LangAware

Seed Round in 2021
LangAware, Inc. is a company that specializes in the development of an online health platform aimed at predicting neurodegenerative diseases through the detection and monitoring of digital biomarkers derived from language and speech. Founded in 2019 and based in Athens, Greece, LangAware leverages artificial intelligence and machine learning technologies to facilitate the early detection of conditions such as Alzheimer's disease. By evaluating cognitive status, the platform provides valuable insights to both physicians and patients, enabling early cognitive assessments that can help in the prevention and management of Alzheimer’s and related dementias.

Seervision

Funding Round in 2021
Seervision AG is a Swiss startup founded in 2016 and based in Zurich, specializing in software for camera automation aimed at enhancing video production. Originally conceived at ETH Zurich to improve live lecture recording, the company has evolved into a robust enterprise with a focus on automating workflows in corporate studios, stage events, and educational environments. The Seervision Suite employs advanced video analysis algorithms that utilize motion control technology, integrating computer vision and machine learning to facilitate fully automated productions. This includes features such as autonomous camera tracking, facial recognition, and scene understanding, allowing for seamless integration into corporate settings and significantly simplifying live production processes. With a growing team of over 30 employees, Seervision is committed to making video production effortless and efficient.

Cogitat

Pre Seed Round in 2021
Cogitat is a technology company specializing in artificial intelligence that translates brain waves into digital commands. It has developed a machine learning-driven electroencephalogram decoding software that allows users to interact with devices through their thoughts, employing device and subject agnostic technology. By utilizing a brainwave decoder trained on real-world EEG data, Cogitat enhances plug-and-play brain-computer interaction, eliminating the need for lengthy calibration sessions. This innovative approach enables seamless navigation and interaction within virtual environments, making it a significant player in the field of brain-computer interfaces.

Better Origin

Seed Round in 2021
Better Origin is a company focused on addressing the issue of food waste by utilizing natural upcyclers, specifically insects. It operates AI-powered insect mini-farms, known as the Better Origin X1, which are designed to convert excess feedstock and food waste into valuable products such as biodiesel, high-protein animal feed, and frass. By integrating advanced technology with natural processes, Better Origin aims to create a sustainable solution that enhances livestock productivity, improves animal welfare, and reduces carbon emissions. The company's innovative approach seeks to establish a new symbiosis between nature and technology, contributing to food security and a more efficient food chain.

VALK

Seed Round in 2020
VALK is a London-based company founded in 2019 that specializes in developing a software platform designed to manage, invest, and trade unlisted assets such as private company shares, fund shares, real estate, and infrastructure. By digitizing the asset management and investment workflows, VALK centralizes and automates processes traditionally performed manually, thereby improving efficiency for asset managers, investment banks, and funds. The platform supports over 70 financial institutions, including investment banks, hedge funds, and family offices, across more than 15 countries in Europe, the Middle East, Africa, North America, and South America. In the past year, VALK has facilitated transactions exceeding 4 billion USD. The company has received recognition in the form of awards for sell-side technology and asset management, and it participates in the FCA Sandbox and Tech Nation's fintech cohort.

BIOPIX-T

Seed Round in 2020
BIOPIX-T is a company focused on developing and manufacturing innovative portable molecular diagnostic devices specifically designed for point-of-care applications. Its technology enables the detection of viruses from both crude samples and extracted materials, providing healthcare providers with an affordable, user-friendly, and accurate solution for genetic testing. The company's emphasis on accessibility and ease of use aims to enhance diagnostic capabilities in various healthcare settings, ultimately improving patient outcomes.

LangAware

Seed Round in 2020
LangAware, Inc. is a company that specializes in the development of an online health platform aimed at predicting neurodegenerative diseases through the detection and monitoring of digital biomarkers derived from language and speech. Founded in 2019 and based in Athens, Greece, LangAware leverages artificial intelligence and machine learning technologies to facilitate the early detection of conditions such as Alzheimer's disease. By evaluating cognitive status, the platform provides valuable insights to both physicians and patients, enabling early cognitive assessments that can help in the prevention and management of Alzheimer’s and related dementias.

Ferryhopper

Series A in 2020
Ferryhopper is an online ferry booking platform that simplifies the process of planning and booking trips to various destinations in Greece and beyond. It offers users access to over 160 ports in Greece, Italy, and Turkey, allowing for both direct and indirect connections. The platform stands out as the first to provide comprehensive options for island-hopping, enabling travelers to book multiple tickets in one transaction and effortlessly manage their itineraries. With features such as price comparison, e-ticket integration, and an enhanced user experience, Ferryhopper aims to make ferry travel accessible and stress-free for its users.

Loctio

Seed Round in 2020
Loctio is an information technology company based in Athens, Greece, with additional offices in Barcelona, Spain, and Tokyo, Japan. Founded in 2019, the company specializes in cloud location-based services for Internet of Things (IoT) devices, offering a Location as a Service (LaaS) model that allows for precise location estimation. Utilizing a cloud infrastructure hosted on Amazon Web Services, Loctio's technology employs radio frequency signals and digital circuitry to accurately capture Global Navigation Satellite System (GNSS) signals and other data sources, significantly improving power efficiency and battery life for IoT devices. The company's solutions are applicable in various fields, including logistics, asset tracking, public safety, and precision farming, and include advanced features such as anti-spoofing security measures. By integrating multiple localization methods and leveraging machine learning and crowdsourcing techniques, Loctio aims to deliver seamless and reliable location detection in diverse environments, positioning itself to address the growing global market for GNSS equipment and services.

Prosperty

Seed Round in 2020
Prosperty is transforming the global real estate landscape with its innovative digital solutions. The company’s core offering, the Prosperty Operating System, is a sophisticated end-to-end software-as-a-service platform that provides an enterprise-grade, white-label solution for managing a variety of real estate assets and portfolios, irrespective of their type or location. Prosperty specializes in tech-enabled real estate asset management and commercialization services tailored for institutional investors, facilitating the management of distressed real estate portfolios. In addition to its platform, the company operates prominent marketplaces for real estate brokerage, mortgage intermediation, and auction promotion. By utilizing advanced data analytics and technology, Prosperty enhances transparency, efficiency, and connectivity in property markets globally, fostering innovation and sustainable growth for both institutional investors and individual users.

CreatorUp

Seed Round in 2019
CreatorUp is a prominent global entity specializing in digital media training and video content creation. The company addresses the increasing global demand for video by simplifying the process of ordering affordable, high-quality videos efficiently and at scale. Recognizing the challenge companies face in finding qualified local creative professionals, CreatorUp trains creatives to meet specific quality standards aligned with client needs. This approach allows the company to assemble highly skilled teams from its network of industry professionals and bootcamp alumni. Additionally, CreatorUp leverages its proprietary digital media curriculum and training programs to equip creative professionals with essential skills, ultimately empowering individuals and businesses to thrive in the online video landscape. Regular collaborations with major brands, including Google, further attest to CreatorUp's reputation and expertise in the industry.

Covve

Seed Round in 2019
Covve, founded in 2013 by Yiannis Gavrielides and Alex Protogerellis, offers a cloud-based contact and relationship management platform designed to enhance business opportunities for professionals. The application features an integrated dashboard that synchronizes contact lists across multiple devices, including laptops, desktops, and mobile phones, allowing users to access their contacts seamlessly. Covve is utilized by professionals in leading companies worldwide and is supported by an experienced team with significant industry expertise. The company holds two patents in the United States and is actively forming global partnerships with notable organizations such as T-Mobile, Nokia, and Revolut. In addition to support from institutional investors, Covve has secured funding through European innovation grants and private investors, further solidifying its position in the market.

BIOEMTECH

Seed Round in 2019
BIOEMTECH is a biotechnology company specializing in the development of advanced medical imaging systems designed for pre-clinical pharmaceutical, biotechnology, and medical research applications. The company has pioneered desktop cameras capable of real-time imaging of PET and SPECT isotopes in mice, facilitating in-vivo monitoring of biomolecule biodistribution. BIOEMTECH's facilities include an animal facility, an in vitro lab, a radiochemistry lab, and capabilities for microPET, SPECT, CT, and optical imaging. These resources enable comprehensive studies for evaluating new compounds, allowing healthcare professionals to gain critical insights into the management of various pathologies, including cancer, through the screening of radiolabeled biomolecules and nanoparticles.

Mist.io

Seed Round in 2019
Mist.io, Inc. is a cloud management and monitoring service provider founded in 2013 and based in San Francisco, California. The company offers a multi-cloud management platform that allows users to control and monitor infrastructure efficiently through a unified interface. It supports various technologies, including public and private clouds, hypervisors, containers, and bare metal servers. Mist.io enables users to manage tasks such as provisioning, orchestration, monitoring, automation, and cost analysis, while also providing a RESTful API for seamless integration into existing workflows. The platform aims to simplify multi-cloud management and reduce vendor lock-in, resulting in significant cost savings and operational efficiencies for clients. Notable customers include the European Parliament and the National Bank of Greece, who have reported substantial reductions in server expenses and management overheads. Mist.io offers three editions tailored to different needs: an Enterprise Edition for large teams, a Hosted Service for dynamic infrastructures, and a Community Edition as an open-source solution for teams that prefer a DIY approach.

Think Silicon

Seed Round in 2019
Think Silicon Ltd., established in 2007 and headquartered in Patras, Greece, specializes in designing and developing graphics processing units (GPUs) and display processors for the Internet of Things (IoT), wearable, and broader display devices markets. The company offers a range of graphics IP semiconductor modules, display processors, drivers, API software, SDKs, evaluation kits, and more, catering to fabless chip companies for communication and multimedia applications. Think Silicon operates as a subsidiary of Applied Materials, Inc.

Perceptual Robotics

Seed Round in 2019
Perceptual Robotics, founded in 2016, specializes in designing and developing Unmanned Aerial Vehicles (UAVs) for inspection purposes, primarily focusing on wind turbines. Their flagship product, Dhalion, is an intelligent, autonomous UAV that enables existing inspection engineers to conduct thorough, efficient, and safe inspections at the press of a button. Dhalion captures high-quality images and data, identifying defects such as lightning strikes, cracks, erosion, and delamination on turbine towers and blades. The company, based in Bristol, UK, aims to increase inspection frequency, enhance data quality, and minimize health and safety risks, thereby supporting informed operational and maintenance decisions.

Tendertec

Pre Seed Round in 2019
Tendertec Limited, founded in 2017 and based in Cardiff, United Kingdom, specializes in developing advanced room sensing technology aimed at enhancing independent living for elderly and vulnerable individuals. The company’s flagship product, Tenderbox, is a safety and monitoring system that empowers care providers to effectively oversee the well-being of at-risk individuals. Utilizing artificial intelligence algorithms, Tenderbox processes data from proprietary sensors to detect emergencies, such as falls, and monitor daily activities and unusual behaviors. The system automatically alerts family members, caregivers, and emergency services in the event of an incident, enabling a timely and effective response. Tendertec is recognized for its innovative approach to personalized and preventative care, having received multiple awards for its contributions to the healthcare sector.

Trucksters

Seed Round in 2019
Trucksters is a Madrid-based freight startup that specializes in long-haul transport services through an innovative relay system. This approach utilizes big data and artificial intelligence to optimize logistics, significantly reducing transit times for long-distance road freight. By enabling trucks to remain continuously in motion via strategically placed relays, Trucksters enhances delivery efficiency and lowers transportation costs. The company serves over 500 shippers across the European Union, contributing to the acceleration of the electrification agenda while also aiming to improve the quality of life for drivers.

Better Origin

Seed Round in 2019
Better Origin is a company focused on addressing the issue of food waste by utilizing natural upcyclers, specifically insects. It operates AI-powered insect mini-farms, known as the Better Origin X1, which are designed to convert excess feedstock and food waste into valuable products such as biodiesel, high-protein animal feed, and frass. By integrating advanced technology with natural processes, Better Origin aims to create a sustainable solution that enhances livestock productivity, improves animal welfare, and reduces carbon emissions. The company's innovative approach seeks to establish a new symbiosis between nature and technology, contributing to food security and a more efficient food chain.

GuestFlip

Pre Seed Round in 2019
GuestFlip P.C. is a company that specializes in developing a reputation management platform tailored for the hospitality sector. Founded in 2018 and headquartered in Athens, Greece, GuestFlip's platform enables hotels and property owners to monitor and manage guest feedback from various online review sources in a centralized location. The platform features tools for collecting, measuring, and analyzing reviews, allowing users to enhance their online reputation and streamline their engagement with customer feedback. Additionally, it offers automated responses to reviews through AI-generated suggestions, helping businesses save time and improve their overall service quality.

Ferryhopper

Seed Round in 2019
Ferryhopper is an online ferry booking platform that simplifies the process of planning and booking trips to various destinations in Greece and beyond. It offers users access to over 160 ports in Greece, Italy, and Turkey, allowing for both direct and indirect connections. The platform stands out as the first to provide comprehensive options for island-hopping, enabling travelers to book multiple tickets in one transaction and effortlessly manage their itineraries. With features such as price comparison, e-ticket integration, and an enhanced user experience, Ferryhopper aims to make ferry travel accessible and stress-free for its users.

Advantis Medical Imaging

Seed Round in 2019
Advantis Medical Imaging B.V. is a Netherlands-based company specializing in the development of web-based post-processing and 3D visualization software for magnetic resonance imaging (MRI). The company's flagship product, Brainance, is a comprehensive neuroimaging platform designed to assist (neuro)radiologists in the analysis of brain MRI exams, offering various applications such as diffusion tensor imaging, perfusion analysis, and functional MRI. Brainance includes multiple modules tailored for clinical and research needs, enabling more reliable and timely diagnoses of serious brain conditions like tumors, traumatic injuries, and neurodegenerative diseases. Advantis Medical Imaging is also engaged in research and development to expand its offerings to other human organs, integrating cloud and artificial intelligence technologies to enhance medical diagnosis and patient follow-up. The company operates from its headquarters in Eindhoven, with an additional office in Athens, Greece.

Yaspa

Seed Round in 2018
Yaspa is an award-winning fintech company established in 2017 by a former CTO of Worldpay. The company specializes in connecting identity and money through a cardless payments platform that leverages open banking technology. This platform enables instant bank payments that are faster, more secure, and more cost-effective than traditional card transactions. Additionally, Yaspa assists regulated businesses in seamlessly verifying their customers and managing payments. The company operates throughout the UK and Europe and is regulated by the UK's Financial Conduct Authority. Yaspa, which is the trading name of Citizen UK Holding Ltd, is supported by prominent investors in the fintech space.

Intelistyle

Seed Round in 2018
Intelistyle Ltd. is an artificial intelligence fashion stylist founded in 2017 and based in London, United Kingdom. The company specializes in providing personalized styling recommendations through its AI-driven platform, designed to assist omnichannel fashion retailers. Its software includes features such as "Complete the Look," which generates multiple outfit combinations for selected items, and a chatbot that offers personal styling advice. Additionally, it provides alternatives for out-of-stock garments and helps manage customer wardrobes. Trusted by prominent brands like D&G, MaxMara, and Tommy Hilfiger, Intelistyle enhances digital discovery experiences, leading to increased conversion rates, larger basket sizes, and higher repeat purchase rates. The platform's ability to understand individual style preferences allows it to outperform human stylists, delivering significant revenue growth for its clients.

Purposeful

Pre Seed Round in 2018
Purposeful is a company based in Athens, Greece, founded in 2018, that specializes in computational drug repurposing solutions and bioinformatics services. The firm focuses on discovering new treatments for rare diseases by repurposing previously marketed drugs, thereby maximizing the utility of existing pharmaceuticals. Purposeful employs advanced computational biology and chemoinformatics to identify novel relationships within chemical and biological data, facilitating the development of alternative uses for existing medications. The company collaborates with organizations such as FRAXA and FRAXA-DVI to find potential drug repurposing candidates for conditions like Fragile X Syndrome and Glioblastoma. In addition to its drug discovery initiatives, Purposeful offers consulting services aimed at enhancing healthcare treatments in a cost-effective manner.

Useberry

Pre Seed Round in 2018
Useberry is a Greece-based company that specializes in automated, data-driven user experience (UX) optimization tools for mobile and web application developers. Founded in 2018 and headquartered in Athens, Useberry provides a codeless platform that enables users to test prototypes and gather rich analytics. Its innovative tool allows testers to complete tasks on prototypes while measuring key metrics such as conversion rates, user paths, and bounce rates. This functionality facilitates the capture of naturally emerging user flows and valuable insights, enabling developers to enhance their applications based on real user feedback from the prototype stage. By leveraging Useberry's tools, companies can significantly reduce time and costs associated with coding and optimization, leading to more efficient development processes.

Racecheck

Pre Seed Round in 2018
Racecheck Limited is a UK-based company founded in 2016 that provides a community platform and application for recreational endurance athletes and event organizers. The platform serves as a tailored race discovery tool, enabling users to search for, book, and plan endurance events globally. Through its iOS app and web application, Racecheck allows athletes to access a comprehensive directory of multi-sport events, benefiting from extensive race reviews and personalized search criteria. Additionally, the platform facilitates connections among participants and offers event organizers enhanced marketing tools to promote their events. By leveraging its strong community, Racecheck aims to enhance the experience of both athletes and event organizers in the endurance sports sector.
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