Portfolio

Sixty-four companies. Twelve of them we backed twice.

A selection from Funds I–IV. Some are quiet by design; the ones below were happy to be named.

Ledgerloop

The double-entry ledger fintechs keep trying to build themselves — so their books close daily instead of eating the last week of every month.

Seed 2022 Fintech Lisbon

Chartwise

Reads clinical notes while the clinician still remembers the patient — and grades itself against real coder decisions, not a comfortable proxy.

Pre-seed 2023 Applied AI Austin

Griddle

Turns the solar, batteries and chargers now hanging off the grid into something a utility can plan around instead of react to.

Seed 2023 Climate Copenhagen

Rosetta Systems

Translates old COBOL into modern Java and hands over a proof it behaves identically — so banks can leave the mainframe without crossing their fingers.

Seed 2021 Applied AI Singapore

Novance

A corporate treasury for companies that can't yet afford one — one live view of cash across every entity, bank and currency.

Series A 2024 Fintech London

Thermafold

Heat pumps hot enough to retire a factory's gas boiler — shipped as skids you stack to fit the line, no redesign required.

Seed 2024 Climate Rotterdam

Keypost

Pays distributed Southeast Asian teams on time and in local currency, on rails that are properly licensed in four jurisdictions.

Seed 2020 Fintech Jakarta

Axiomatic

Catches packaging defects at line speed without a single image leaving the fab — the only version a chipmaker will let in the door.

Pre-seed 2024 Applied AI Taipei

Freightward

Matches empty return trips with freight going the other way. Cut empty miles 19% across its first hundred carriers.

Seed 2022 Climate Chicago

Clarisure

Automates claims for speciality insurers while recording exactly why each one was paid, queried or denied — so it survives the regulator.

Seed 2023 Fintech Dublin

Palimpsest

Reads forty years of scanned leases and surfaces the obligations buried on page 340 — before they become someone's very bad day.

Pre-seed 2025 Applied AI Berlin

Wattvault

Gives retired EV battery packs a second life holding up commercial buildings — sold as a service, not a capital purchase.

Seed 2025 Climate Melbourne

Polymorra

Closes the loop on pharmaceutical crystallization so the right polymorph comes out the first time — no more months lost to a wrong batch. Founded by Priya Krishnan.

Seed 2026 · $2.5M Applied AI London
Outcomes

Where the portfolio stands

Figures across Funds I–IV as of Q2 2026. Past performance is not indicative of future results.

64
Investments made
9
Exits & acquisitions
71%
Raised a Series A
4.1x
Fund I net multiple

The next one could be yours

We have capacity for four more investments this year, and no quota to fill by December.