TECS Capital

TECS Capital is a venture capital investment firm based in Thessaloniki, Greece, established in 2020 under Greek law as an Alternative Investment Fund. The firm focuses on early-stage investments in startups that leverage Industry 4.0 technologies, including artificial intelligence, big data, the internet of things, and deep tech. TECS Capital aims to create value by commercializing research and fostering innovation in these sectors. The management team comprises individuals with diverse backgrounds and a proven track record in investment and entrepreneurship. The firm's investors include a range of industry stakeholders, with the Hellenic Development Bank for Investments serving as a lead investor.

Antonios Ilias

Partner

Theofilos Mylonas

Partner

Sotiris Siagas

CEO and Partner

Past deals in Greece

Aidplex

Pre Seed Round in 2023
Aidplex is a MedTech startup focused on transforming the orthopedics sector through innovative, patient-centered products. With operations in both the United States and Greece, the company addresses the stagnation in orthopedic product development, which has largely remained unchanged for decades. Aidplex specializes in wearable devices that enable real-time monitoring of patients' health and treatment progress, specifically targeting scoliosis and fracture management. By integrating biometric sensors into their designs, Aidplex provides physicians with critical information necessary to track patient improvements continuously. The company's mission is to enhance the effectiveness and comfort of orthopedic care, ultimately revolutionizing how patients are monitored and treated.

BIO2CHP P.C.

Venture Round in 2023
BIO2CHP P.C., based in Thessaloniki, Greece, specializes in manufacturing bio-based power generators tailored for small and medium enterprises in the agro-food sector. The company integrates gasification and gas engine technologies, facilitated by an automated control system, to enable efficient energy production in small-scale applications. BIO2CHP has developed a working pilot that demonstrates its capacity to operate effectively with organic waste materials such as grape seeds, peach kernels, olive kernels, and almond shells. This innovative platform not only generates energy on-site but also assists businesses in reducing energy costs by utilizing their own organic by-products, thereby lowering their overall operating expenses.
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