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Madrid-based Frenetic bags €11.2 million Series A
Frenetic, a pioneer in custom magnetics technology, announced a €11.2 million Series A led by Kibo Ventures. Existing investors 42Cap, Join Capital, Bankinter, Bonsai, and Big Sur participated in the round. The funding will enable the company to embark on an ambitious new manufacturing project, open an office in Silicon Valley and expand its presence in the US. To date, Frenetic has raised €17.7 million.
Empowering Secure Communication in the Quantum Age: Why We Invested in Quantum Optics Jena
Encryption technologies are vital to maintaining trust in today’s interconnected world. They help to secure critical infrastructure, privacy in communications, IP and trade secrets and confidential business data. Yet, current mathematics-based encryption technologies are increasingly vulnerable to the growing sophistication of cyberattacks.
Fast-forward to 2030, when hackers can deliver multi-trillion dollar cyber threats by decrypting data hacked today in seconds using quantum computers. We need a new encryption paradigm to combat this threat and better secure our information in the quantum age. Enter Quantum Optics Jena (QOJ), the company revolutionizing communication networks using the laws of quantum physics.
Here’s why we invested.
Generative Engineering raises €4 million to supercharge engineers with impact-efficient tools
Generative Engineering, a London-based software company on a mission to vastly improve the overall efficiency of physical engineering, has successfully closed a €4 million pre-seed round led by EQT Ventures with participation from Join Capital.
The engineering of complex physical products, such as those within the automotive and aerospace industries, is a slow, inefficient and capital-intensive process. Engineering tools have not kept up with the increasing complexity of modern products, and today, engineers working on product development typically take a single design through a multi-year, highly manual process. This usually involves collaboration issues, information loss, mistakes, rework and often failure.
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