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tecnet equity

Europe, Niederosterreich, Austria, Sankt Polten

Description

tecnet equity is a prominent Austrian venture capital fund based in Sankt Pölten, Lower Austria, with a clear mandate to foster innovation and economic growth within the region and beyond. Established in 2004, the fund primarily targets high-tech companies exhibiting strong growth potential and innovative business models. Their investment strategy is centered on providing early to growth-stage capital to startups and scale-ups that are developing cutting-edge technologies and solutions across various sectors, including IT, life sciences, industrial tech, and clean energy. As a strategic partner, tecnet equity not only provides financial backing but also offers active support, leveraging its extensive network and expertise to help portfolio companies navigate market challenges and accelerate their development.

The fund typically deploys equity capital, often participating in co-investment rounds alongside other venture capital firms, business angels, or strategic investors. This collaborative approach allows them to support larger funding rounds and share risks, while also bringing diverse perspectives and resources to their portfolio companies. tecnet equity's first cheque sizes generally range from approximately €200,000 to €2 million per company, reflecting their commitment to supporting promising ventures from their initial growth phases through to more mature stages. These investments are designed to fuel product development, market expansion, and team scaling, providing the necessary runway for companies to achieve their next significant milestones.

Since its inception, tecnet equity has built a robust portfolio of over 100 innovative companies, demonstrating its significant impact on the Austrian startup ecosystem. Their long-term commitment is evident in their willingness to provide follow-on investments, supporting their portfolio companies through multiple funding rounds as they continue to grow and scale. Beyond capital, tecnet equity offers strategic guidance, access to industry experts, and assistance with internationalization efforts, aiming to maximize the success potential of their ventures. Their focus on high-tech sectors underscores their belief in the transformative power of technology to drive economic value and create sustainable competitive advantages.

Investor Profile

tecnet equity has backed more than 58 startups, with 1 new investments in the last 12 months alone. The firm has led 19 rounds, about 33% of its total and boasts 8 exits across its portfolio.

Investment Focus Highlights

  • Concentrates on Seed, Series A, Series Unknown rounds (top funding stages).
  • Majority of deals are located in Austria.
  • Strong thematic focus on Software, Information Technology, SaaS.
  • Typical check size: $216K – $2.2M.

Stage Focus

  • Seed (48%)
  • Series A (24%)
  • Series Unknown (17%)
  • Pre Seed (7%)
  • Undisclosed (2%)
  • Series B (2%)

Country Focus

  • Austria (100%)

Industry Focus

  • Software
  • Information Technology
  • Saas
  • Unified Communications
  • Mobile
  • Artificial Intelligence (Ai)
  • E-commerce
  • Biotechnology
  • Health Care
  • Apps
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FAQ

Frequently Asked Questions

Learn who this investor regularly partners with—both firms and angels—and explore their latest activity.

Who does tecnet equity frequently co-invest with?

Speedinvest
Europe, Wien, Austria, Vienna
Co-Investments: 9
Gamma Capital Partners
Europe, Wien, Austria, Vienna
Co-Investments: 6
eQventure
Europe, Steiermark, Austria, Graz
Co-Investments: 10
aws Gründungsfonds
Europe, Wien, Austria, Vienna
Co-Investments: 8
SOSV
North America, New Jersey, United States, Princeton
Co-Investments: 2
i4g Investment
Europe, Wien, Austria, Vienna
Co-Investments: 3
xista science ventures
Europe, Niederosterreich, Austria, Klosterneuburg
Co-Investments: 5
T
Europe, Wien, Austria, Vienna
Co-Investments: 3
Rockstart
Europe, Noord-Holland, The Netherlands, Amsterdam
Co-Investments: 2
GV
North America, Virginia, United States, Norfolk
Co-Investments: 2

Which angels does tecnet equity often collaborate with?

J"
Europe, Wien, Austria, Vienna
Shared Deals: 3
HH
Europe, Cambridgeshire, United Kingdom, Cambridge
Shared Deals: 3
AK
Europe, Austria
Shared Deals: 1
CH
Europe, Wien, Austria, Vienna
Shared Deals: 1
PP
Europe, Bayern, Germany, Munich
Shared Deals: 5
LK
Europe, Wien, Austria, Vienna
Shared Deals: 1
CB
Europe, Wien, Austria, Vienna
Shared Deals: 1
MS
North America, California, United States, San Francisco
Shared Deals: 1
JB
Europe, Wien, Austria, Vienna
Shared Deals: 1
Ibrahim Imam
Asia, Dubai, United Arab Emirates
Shared Deals: 1

What are some of recent deals done by tecnet equity?

PROPCORN AI

Kierling, Niederosterreich, Austria

PROPCORN AI search engine instantly identifies real estate redensification and new building potential.

Artificial Intelligence (AI)ConstructionConsultingReal EstateSoftware
Pre SeedNov 14, 2024
Amount Raised: $210,559
Sipfront

Vienna, Wien, Austria

Sipfront is a Telco testing service for establishing SIP call scenarios towards your VoIP systems.

Telecommunications
SeedJan 30, 2024
Amount Raised: $1,409,592
Orderlion

Vienna, Wien, Austria

Orderlion E-Commerce OS for suppliers in the food supply chain.

B2BE-CommerceFood and BeverageSupply Chain Management
UndisclosedDec 18, 2023
VALANX Biotech

Graz, Steiermark, Austria

VALANX Biotech is a site-specific protein conjugation platform to enable fast and cost efficient protein-drug-conjugates development.

BiotechnologyHealth CareMedicalPharmaceutical
SeedNov 7, 2023
Amount Raised: $2,460,230
Shopstory

Vienna, Wien, Austria

Shopstory is a SaaS that helps eCommerce companies grow automatically with help of AI and the creation of an immense data hub.

AnalyticsArtificial Intelligence (AI)E-CommerceMarketing AutomationSaaS
SeedOct 4, 2023
Amount Raised: $2,101,551
Greenwood-Power

Brunn Am Gebirge, Niederosterreich, Austria

Sensors for medium voltage grid, Non-conventional instrument transformers

EnergyEnergy Management
Series UnknownSep 28, 2023
Amount Raised: $5,386,719
Circly

Vienna, Wien, Austria

Machine Learning based Prediction System for the retail sector to forecast demand - PaaS - save resources!

Artificial Intelligence (AI)Machine LearningPredictive AnalyticsRetailSaaSSupply Chain Management
SeedJun 6, 2023
Shopstory

Vienna, Wien, Austria

Shopstory is a SaaS that helps eCommerce companies grow automatically with help of AI and the creation of an immense data hub.

AnalyticsArtificial Intelligence (AI)E-CommerceMarketing AutomationSaaS
SeedMay 25, 2023
Amount Raised: $1,072,559
Sarcura

Klosterneuburg, Niederosterreich, Austria

Cell Therapy transformed cancer treatment. Sarcura will transform cell therapy manufacturing.

BiotechnologyLife ScienceOncologySemiconductor
SeedNov 17, 2022
Amount Raised: $7,304,617
Orderlion

Vienna, Wien, Austria

Orderlion E-Commerce OS for suppliers in the food supply chain.

B2BE-CommerceFood and BeverageSupply Chain Management
SeedNov 2, 2022
Amount Raised: $4,000,000