CVX Ventures Online Partner meeting
At this partner meeting, a number of companies will be presented that you can join as advisory board members and/or invest in. The companies will be announced progressively.
Read About the Cases
Starti.app
Startiapp’s technology is based on the client’s website, maintaining mobile-friendly functionality. For some, a direct conversion is ideal, while others may need modifications that only affect the app. Regardless of the tech stack or existing integrations, Startiapp seamlessly incorporates them into the app. This flexibility makes Startiapp an excellent choice for businesses of all sizes looking to enhance their digital presence. By leveraging existing content, companies can save time and resources while expanding their reach.
Startiapp has already gained several notable customers, including Skagen Clothing, Lindcom, Mediaconnect, and HRfamly. The company operates with a team of six employees and collaborates closely with their sister company, Holion. Holion, a Danish IT development and consultancy company founded in 2014, played a crucial role in Startiapp’s journey. In 2022, the Holion team built the first version of Startiapp. After a year of improvements and fine-tuning, Startiapp was ready to operate independently in 2023. Today, the developers at Holion serve as Startiapp’s powerhouse, continually developing new features and assisting customers with the technical setup and implementation of the platform.
Starti.app is looking for candidates with experience in B2B sales, marketing, and business development. The ideal candidate will excel in building client relationships, driving sales growth, and identifying new market opportunities.
Picterus
Picterus, a Norwegian MedTech company, offers a smartphone-based solution for at-home screening for jaundice in newborns. It works by placing a calibration card on the newborn’s chest and using the Picterus app to scan it, providing an immediate result of the bilirubin level through a non-invasive procedure. Neonatal jaundice affects more than 60% of newborns, and timely detection is crucial to preventing severe health complications. Picterus’s solution offers a safe and accessible alternative to traditional testing methods, positioning it for robust growth in a €700 million global market.
Picterus has demonstrated significant traction in the healthcare market, particularly in the area of neonatal jaundice screening. The company has conducted clinical trials across 10 countries, amassing a valuable dataset that has attracted interest from major healthcare companies. Picterus has already secured sales in Europe, Japan, and recently in the U.S., achieving 44% of its 2024 sales forecast. Additionally, the company is in advanced negotiations with Dräger for a global distribution agreement, starting with the UK and Italy, underscoring its potential for further growth and market penetration.
Picterus is raising a total of €3.0 million, with €1.5 million in new capital that will be matched by the European Innovation Council (EIC). The round is already 67% secured, with a pre-money valuation set at €8.48 million. CVX partners have the opportunity to invest up to €250,000, with no minimum investment ticket required to participate in this round.
Arctic Farming
Arctic Farming is revolutionizing the agricultural sector through the development of state-of-the-art indoor farming systems designed for this planet and beyond. Their innovative approach leverages advanced hydroponic technology, AI-driven environmental controls, and sustainable ener
Arctic Farming is looking for candidates with experience in hardware or appliance manufacturing, logistics and scaling hardware businesses, and the global hospitality industry. The ideal candidate should also have a proven track record in the Asia or North America markets.
WaysClous
WaysCloud, a Norwegian cloud computing and AI platform, is tailored for the Nordic market. Built on OpenStack, it ensures secure data transfer, compliance with EU regulations like DORA and NIS, and prioritizes local management. Committed to sustainability, WaysCloud partners with Green Edge Compute to establish eco-certified data centers in Hamar, Norway, by 2025. These centers will use recycled energy and water-cooled systems, cutting energy use by 40% and extending hardware lifespan. WaysCloud offers efficient, secure, and environmentally-friendly solutions to support clients in modern data management.
WaysCloud is generating 1 million NOK in revenue this year and is well-positioned for growth. With a team of 10 employees, the company operates servers across Norway, Sweden, Denmark, and Finland, delivering fast, reliable, and secure cloud services. By maintaining full control over the value chain, WaysCloud ensures that no data leaves the region and meets all legal requirements, allowing customers to focus on their deployment needs.
WaysCloud is looking for an ideal candidate with experience in AI and machine learning, digitalization, cloud and data management, as well as software development and go-to-market strategies. Additionally, expertise in data security, management, analytics, and cloud computing is essential.
Anyo Labs
Anyo Labs, a Swedish-based company, is at the forefront of small drug discovery, combining cutting-edge AI and chemistry. They focus on virtual screening and de novo small molecule generation for early-stage drug discovery projects. Their AI-driven tools offer unmatched speed and accuracy, making the discovery and development of clinical candidates more efficient. Anyo Labs’ computational efficiency enables data- and cost-effective hit identification, while supporting modules assist in hit-to-lead and lead optimization. Additionally, their PPI module, which identifies correlations between hundreds of proteins simultaneously, opens new avenues in drug discovery.
Founded in December 2022, the company has completed three validation projects, secured Vinnova funding, and attracted external investments. They have established international collaborations with Enamine and Merck AIDISSON, signed a service deal with a major pharmaceutical company, and have a patent pending. With 5.7 million SEK in equity investment, leading to a valuation of 26 million SEK before summer 2024, they have secured funds and an 18-month runway, budgeting through Q3 2025 to invest significantly in their in-house discovery projects. Their next capital round is planned for Q3 2025.
Anyolabs is looking for two candidates with experience in sales within the pharma-R&D sector and a strong international network in the pharma and life sciences industry. Ideal candidates should also have expertise in Go-To-Market strategy.
Tasty Urban
TastyUrban is a German restaurant franchiser using existing, under-utilised restaurant space to grow virtual (i.e. delivery-first) brands across Europe. Restaurants use their existing staff and equipment to increase incremental profit, allowing TastyUrban to scale large brands – benefiting from both share of revenue, and economies of scale in order to negotiate better terms (with suppliers and third party delivery aggregators).
In just two years, TastyUrban has achieved an annualized monthly revenue of €6.4 million and is on track to grow this figure significantly. The company’s projections indicate that by June 2026, they plan to expand their restaurant partnerships from 69 to 249, with a corresponding increase in monthly orders from 17,500 to 153,800. This growth is expected to drive annualized revenue to €44.2 million and EBITDA to €4.5 million within the same timeframe.
TastyUrban is raising a €3.5m round at a €13m pre-money valuation, targeting a post-money valuation of €16.5m. CVX is raising up to €350k via an SPV. The company previously raised €2.9m in March 2023 at a €6m pre-money valuation.
AI-Energy
AI-Energy offers advanced AI-driven solutions that boost efficiency, reliability, and sustainability in the energy sector. Using sophisticated algorithms and machine learning, AI-Energy optimizes energy production, distribution, and consumption. Their solutions integrate with existing infrastructure, supporting both conventional and renewable sources like solar and wind. AI-Energy’s platform enhances smart grid management by using IoT devices and sensors for real-time data collection, enabling predictive maintenance, demand forecasting, and improved grid stability. This approach reduces operational costs and enhances performance.
AI-Energy has demonstrated impressive growth in the energy sector, with over 400 beta users actively engaging with their platform, reflecting strong market interest. The company has analyzed more than 100,000 square meters of rooftop area, showcasing their expertise in optimizing large-scale energy systems. Additionally, AI-Energy has secured 10 corporate clients, generating EUR 25,000 in subscription revenue, and has been awarded six non-equity grants totaling 1 million euros, further validating the value of their innovative solutions.
AI-Energy is seeking a candidate with solid experience in B2B sales, the energy sector, and commercial development. The ideal candidate will drive business growth, build strategic partnerships, and navigate the challenges of the energy industry, contributing to the expansion of AI-Energy’s innovative solutions.
Articulate IT
Malmö-based Articulate IT is dedicated to helping businesses thrive through tailored IT solutions in three key areas: CRM, CPQ & Pricing, and IT Management. They specialize in creating custom CRM systems that streamline customer data management, enhancing business relationships and boosting customer satisfaction. In the realm of CPQ & Pricing, Articulate IT simplifies and accelerates the sales process by automating product setup, pricing, and quotes for faster, more accurate outcomes. Their expertise in IT Management is grounded in Agile methodologies, ensuring smooth and efficient project delivery. Committed to innovation and customer-centric solutions, Articulate IT empowers businesses to navigate technology challenges and achieve sustainable growth.
Since launching in 2021, Articulate IT has rapidly expanded from one to five locations across the Nordic region, achieving double-digit growth in clients and staff, and triple-digit compound annual growth. The team has grown to 20 full-time employees, with the addition of senior directors and a professional sales unit. They have secured over 50 million SEK in sales, maintained positive cash flow, and increased revenue from 16 million SEK last year to 26 million SEK year to date. As an official partner of PROS, Salesforce, and Creatio, Articulate IT has solidified its industry position.
Articulate IT is seeking two candidates with expertise in Sales, Pricing, Go-to-market strategies, and Market Penetration, as well as strong skills in Finance, Accounting, Asset Management, and Investor Relations. These roles are critical for driving market success, ensuring financial stability, and securing investment for growth.
