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Investor Insight: May 2024 Portfolio success stories


Bianca Iulia Simion

· 3 min read
Investor Insight: May 2024 Portfolio success stories
May is a critical month for startups, marking the heart of Q2. This period is often characterized by heightened activity as startups strive to achieve key performance indicators established for the year.

Here’s a snapshot of the achievements of the startups we've proudly backed (in alphabetical order):

Check out Bogdan Nicoară, founder of Bright Spaces, in the debut episode of "Sweat, Tears, and Equity" by Fortech Investments, where he chats about his entrepreneurial journey. Bogdan shares the challenges of inspiring his team with a big vision while balancing realistic investor expectations, a struggle he faced early on. From his high school entrepreneurial experiments to founding multiple projects, his story is full of lessons on resilience and adaptability.

Contents has joined NVIDIA Inception, a program dedicated to nurturing companies revolutionizing industries with cutting-edge technology. Besides this, the Generative AI company has presented their solution at The European House-Ambrosetti the premier international platform for economic dialogue and innovation. These days, Contents is attending #Shoptalk Europe 2024 - Visit them at Stand hashtag#H14 in Hall 2 – Barcelona to discover our latest advancements and explore collaboration opportunities.

Dronamics was one of the few European companies invited to exhibit and present at Sushi Tech, the largest technology event in Tokyo. More info here. To set the context, Tokyo is aiming to be a major startup hub. To achieve this, they've launched several initiatives including the SusHi Tech Tokyo program which connects foreign startups to Japan's business world. This program offers a pitch contest with a 10 million yen prize and other opportunities for promising startups.

Frontwave Imaging recently announced a leadership change. After a successful tenure as CEO, Susana Castel has transitioned from the role. We are pleased to welcome Cristina Duran Martinez as our new CEO. Cristina brings a wealth of experience, strategic vision, and a deep commitment to Frontwave Imaging's mission. Having previously served as COO, she is well-positioned to lead the company forward.

Siena AI x Stripe integration is live! Siena is now capable of autonomously performing actions and retrieving information directly from Stripe accounts, unlocking powerful new use-cases. To find out more, check out this blog post.

Swisspod, the largest hyperloop hub project in the world has reached a milestone in Pueblo: completed first 100 meters of infrastructure. When complete, the test track will be the largest vacuum chamber in the country and the largest operational hyperloop hub in the world. Take a look at the news here.

Synaptiq’s medical team attended the prestigious National Scientific Forum of Young Oncologists in Romania. Remus-Cosmin Stoica shared his expertise on a cutting-edge topic with his presentation titled "Radiotherapy in the AI Era - Looking at the Data." Besides this, Synaptiq was selected to attend Iceland Innovation Week, an initiative supported by the EEA and Norway Grants Business Programme in Romania.

"Freedom of mind and using everyone's full potential accelerates humankind's evolution, at all levels."

This is what the founder of Vestinda, Alin Breaban, shared recently in the Arena Finantelor podcast with Mihai Prelipcean. A math guy turned journalist, entrepreneur, and crypto enthusiast.

Willicroft released its 2024 Emissions Report, revealing the environmental impact of the company's products. The first product examined is the Italian Aged, a dairy alternative. For example, the Italian Aged - compared to real Parmesan cheese - has a significantly lower carbon footprint, with cashews being the ingredient with the highest emissions. For a full breakdown, you can check out the report here.

We strongly support building trust and transparency by engaging funded start-ups in discussions around their updates and communicating their business decisions to their investors and our community of tech supporters.

To support any of our Portfolio companies with your network, knowledge, or mentorship, please contact us at

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