DYNAX Invest

DYNAX Invest is a angel syndicate from Bulgaria that focuses on supporting selected startups through investments, fundraising the rest of the funding round and advisory. They focus on European startups, and have done especially many investments in the CEE region.

They are industry-agnostic. Having a tech element is a plus, but not mandatory. They have a strong preference for startups with traction, either revenue or otherwise. In expectional cases, for example a deep tech startup, could be interesting also before traction.

Their team has extensive experience with M&A and investment banking, including fundraising.

They can help find a lead investor, but are not leading rounds themselves. They normally don’t seek a board seat.

Curiosity VC

Curiosity VC invests into AI/ML companies in the Nordics, Baltics and Benelux countries.

They are a community-driven fund, sharing a part of the carry with the companies they invest in.

They prefer companies to seek a runway of at least 18 months.

They have a group of LPs co-investing with them during follow-on investment rounds.

* AI = Artificial intelligence
* ML = Machine learning
* Carry = Carried interest = The profits a fund generates at the end of its cycle
* LP = Limited partner (investor in a fund)

WiseInvest

WiseInvest is the angel investing office of Nikolai Angelov from Estonia. He is entrepreneur, investing into early-stage startups. He has done more than 300 investments into many fields, including but not limited to proptech, fintech, greentech, medtech, and real estate.

Exerte

Exerte Partners is a family office from Cyprus. They invest generalistically, but have a slight emphasis on food, biotech, energy and SaaS solutions. Their expertise includes scaling and internationalization, as well as optimizing at scale.

They invest typically as a co-investor, but have occasionally lead rounds in cases they know especially well (e.g. food). They don’t generally do convertible notes.

Vestman Energia

Vestman Energia looks to invest into scalable solutions in energy, food and forestry. In energy they are most interested in distributed generation and storage.

They are typically a co-investor. They have also been a lead investor in cases where they had special expertise.

Specialist VC

Specialist VC invests into companies based in, or founders from the Baltics, Finland and Ukraine. They focus on B2B software companies, marketplaces, and software-enabled hardware companies. They have also invested in some B2C and hardware companies through their previous fund, United Angels VC.

The fund’s partners have built companies like Civitta and Fortumo, followed by a decade of angel investing. Their network also includes many advisors, including a scientific advisor in biotech.

For SaaS companies they seek initial traction, e.g. €10k MRR. For deep tech companies this is not as much of a requirement.

They often co-invest, occasionally also lead. They haven’t done any solo investments so far.

They have supported some portfolio companies through participating in their boards, but this has not been a requirement to invest.

They also do secondary investments, where early employees and investors sell some of their shares and receive the money to themselves, as opposed to the company issuing new shares.

Swiss Post Ventures

Swiss Post Ventures is the fund of Swiss Post, who operate a multi-billion euro business in fleet management, public transportation (buses), postal offices, communication services etc., mostly in Switzerland. Swiss Post has 60k employees, Swiss Post Ventures has three people.

They’re looking for startups especially in mobility, logistics, cyber security, communication platforms, and digital health.

The startups they invest into should have some link into Swiss Post’s value chain and ecosystem.

They are often a follow investor, and prefer to invest less than 50% of the round. They have occasionally been a lead investor for a startup whose market they understand exceptionally well.

Runa Capital

Runa Capital is a US-European software fund focused on helping European companies enter the US market and vice versa. They focus on deep tech, B2B SaaS, and regulated industries, like fintech, education and digital health.

The founders of Runa Capital are serial tech entrepreneurs. Before their work as investors, the founders of Runa Capital built companies like Acronis, that raised their last round of $250M at a $3.5B valuation, as well as Parallels and Acumatica, also very successful software companies.

They mostly invest B2B and B2B2C. They rarely do invest in exceptional B2C companies as well.

Invests as solo, lead or follow. More likely to be a follow investor at earlier stages, and lead in the later stages. They typically join the company boards in later stage investments.

Superangel

Superangel is a Nordic-Baltic fund investing in tech startups that are changing the world. They are able to invest around the globe, but focus on their home region.

All the partners are founders, making this a founders-to-founders fund. Their backgrounds are in building and growing tech startups.

They have a long-term support program to help startups get to the next level. It includes expert coaches, team culture development to be ready for scaling, basecamps, helping set up company management structure (which aspects to focus on and follow monthly) and so on.

Hanover 16

Hanover 16 is a British family office investing European, US and Israeli companies. They focus especially on health tech, including digital health and pharmaceuticals, but are open to other businesses as well. They occasionally review especially interesting hardware cases, but are generally more focused on software, marketplaces and pharma.

They prefer companies with a commercial traction, ideally over 500ke annual revenue. They are typically a co-investor (not lead). They analyze startups in multiple different stages, with a preference for later stages all the way up to pre-IPO rounds.

For deal flow and cooperation please contact: invest@hanover16.com