Reports, events and research on women in VC

← Back to Pensions
Case studies

World of VC

Behind every startup is a fund that said yes.
Explore the decisions and outcomes that shaped Europe's VC landscape.

Unlock the case studies

One email, full access to the library.

Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.
← Back to Pensions
Satellite orbiting above Earth
Finland
ICEYE

Two Helsinki students turned a university project into a $12 billion radar army watching the planet from orbit.

Sector: Space Tech/Dual-Use
Backed by: Scaleup Europe/EQT, Nokia,
Qatar Investment Authority, TCV,
Solidium, Tesi, Keva, Varma, Ilmarinen

Interior room with a wall-mounted bookshelf and shelving unit
Poland
tylko

Betting €2m on a €300 billion furniture market with a unique value proposition

Sector: D2C with proprietary parametric design
Backed by: Experior VC, Pitango, SquareOne

Illustration of a glowing padlock and shield icon on a circuit board background, representing cybersecurity
France
bfore AI

The cybersecurity startup that stops attacks before they're even launched, and turned a pre-seed check into a 9.4x exit.

Sector: Security & Dual-Use
Backed by: The Venture City

United Kingdom
Myota

Revenue up 155%, new customers up 207%, and a fibre built to work across very different guts.

Sector: Health & Bio
Backed by: Peak Bridge

Satellite orbiting above Earth
Finland
Kuva Space

€0.96m at seed. €97m five years later. One satellite fleet watching the planet for defence, crops, and everything in between.,

Sector: Deeptech & AI
Backed by: Voima Ventures

Sweden
Holyvolt

A pre-seed check into printable solar and batteries, now worth 4.84x on paper.

Sector: Climate & Energy
Backed by: Course Corrected VC

Ireland
Equal1

Same silicon, same factories, a whole new kind of computer: that's the bet behind Equal1.


Sector: deeptech & AI
Backed by: Atlantic Bridge

Silhouette of electrical power lines and pylons against a sunset sky
Sweden
engrate

The AI API quietly untangling Europe's messiest grid integration headaches, one connection at a time.

Sector: Climate & Energy
Backed by: Course Corrected VC

Close-up of a jet engine turbine
Netherlands
Aiir Innovations

An AI that reads aircraft engines faster than any human ever could, and Borski Fund exited with the receipts.

Sector: Aerospace
Backed by: Borski Fund

Sweden
Tavion

€2m pre-seed, €155m mark, and a 3 GW race to keep Europe's grid steady.

Sector: Climate & Energy
Backed by: Course Corrected VC

Ireland
CroíValve

A Trinity Dublin spin-out built one device for any heart size, and it just pulled in $43 million to prove it in US trials.


Sector: health & Bio
Backed by: Atlantic Bridge

Dog sitting next to a bowl of dog food
Sweden
petgood

Insects in, carbon out: the pet food startup rethinking what's in the bowl.


Sector: Climate & Energy
Backed by: Course Corrected VC