Where We’ve Put Our Conviction

We back companies solving critical problems, building deep tech that doesn’t just compete but transforms enterprise, industry, and defence.

HyImpulse

Defence Space

HyImpulse builds the world’s first orbital-class hybrid rocket, combining liquid oxygen with solid paraffin fuel. The architecture removes about half the parts of a liquid launcher, uses non-explosive fuel and needs no dedicated launch infrastructure.

Defence Space

Founded
2028

First Invested
2026

Headquarters
Neuenstadt am Kocher, DE

Thyra

Defence

Thyra specialises in high-performance autonomous interception systems designed to protect civilian airspace and critical infrastructure from unauthorised drone activity. Utilising its patented “NEPTOR” net-launching technology, the company provides a safe, low-cost solution for neutralising UAVs.

Defence

Founded
2023

First Invested
2026

Headquarters
Darmstadt, DE

ISPTech

Defence Space

ISPTech develops high-performance in-space propulsion systems for small satellites and large systems, using novel non-toxic propellants to deliver affordability, robustness, and broad mission applicability.

Defence Space

Founded
2023

First Invested
2025

Headquarters
Ludwigsburg, DE

Enclaive

Enterprise

Enclaive delivers a multi-cloud platform for confidential AI and computing that keeps data encrypted at rest, in transit, and in use – so not even the cloud provider can access it.

Enterprise

Founded
2022

First Invested
2025

Headquarters
Berlin, DE

Quadsat

Defence

Quadsat enables defense forces to detect and precisely geolocate enemy RF emitters in real time. Quadsat transforms electromagnetic signals into immediate operational insight.

Defence

Founded
2021

First Invested
2025

Headquarters
Odense, DK

Kreios Space

Defence Space
Kreios Space develops the first generation of satellites able to fly at Very Low Earth Orbit
Defence Space

Founded
2024

First Invested
2025

Headquarters
Vigo, ES

PhotonPath

Enterprise Industrial

PhotonPath develops cutting-edge photonic integrated circuits for high-speed, low-power optical communications

Enterprise Industrial

Founded
2019

First Invested
2025

Headquarters
Milan, IT

Optics11

Defence Industrial

Optics 11 offers ultra-sensitive early warning systems for critical infrastructure. Based on fibre sensing technology and advanced detection software, it enables its clients to monitor security breaches and other threats to energy and maritime infrastructure.

Defence Industrial

Founded
2011

First Invested
2025

Headquarters
Amsterdam, NL