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Investor insight: July 2024 Portfolio success stories

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Oana Ciurea

· 3 min read
Investor insight: July 2024 Portfolio success stories
Significant achievements from Adastec, Arcanna AI, Authic Labs, DRUID, Dronamics, Finqware, FlowX.AI, Lande, Procesio, and Swisspod Technologies. Let's dive into their success stories.

As we advance into the mid-summer of 2024, we are thrilled to share the latest updates from our portfolio companies, showcasing their remarkable progress and innovations. This July's highlights feature

Here’s a snapshot of the achievements of the startups we've proudly backed:

Adastec's trial of their driverless bus in Vicinity, Michigan, is a testament to their innovative capabilities in autonomous transportation. This trial represents a major step forward in the deployment of driverless technology, paving the way for more efficient and sustainable public transport solutions. Check out more info here.

Arcanna AI has been celebrated in the AI Global Excellence Awards by Acquisition International Magazine. This recognition highlights their excellence in AI development and their impact on the global corporate landscape. Moreover, the CEO has announced they’ll be present at BlackHat 2024, the world's premier technical cybersecurity conference.

Authic Labs has been recognized among the top 50 blockchain startups by the European Blockchain Convention. This accolade reflects their work in blockchain technology, positioning them as a significant player in this complex industry. More info here.

DRUID, along with other Romanian firms such as Questo, FintechOS, and Kinderpedia, has been recognized in the Deloitte EMEA Technology Fast 500. Their growth and technological advancements highlight the vibrant tech ecosystem in Romania and their ability to compete on a global stage.

Dronamics recently presented their advancements to leading tech journalist and Forbes contributor Bernard Marr at The Goodwood Group. This exposure is a significant milestone for Dronamics, underscoring their innovative contributions to the tech industry.

Finqware's latest integration with Keez marks a significant advancement in accounting automation for SMEs in Romania. By embedding Finqware's bank connectivity into Keez's platform, over 7,000 SMEs can now enjoy streamlined daily accounting reconciliations, reducing the need for manual input and increasing efficiency.

FlowX.AI, led by co-founder and CEO Ioan Iacob, continues to empower banks with its modernization and integration platform. The company enables financial institutions to consolidate systems and build robust digital products, ensuring they stay ahead in a rapidly evolving digital landscape. FlowX.AI's platform is a critical tool for banks seeking to innovate and provide superior customer experiences. Find out more.

Lande has re-opened its secondary market with new features, enhancing the platform's appeal to investors and borrowers alike. This agricultural lending platform continues to innovate, providing farmers with essential financial tools and opening new avenues for investment in the agricultural sector. Take a look at the news here.

Procesio, the brainchild of Mihai Dârzan and a division of Ringhel, has made significant strides in the business process automation space. With a goal to surpass €1 million in revenue this year, Procesio is expanding its functionality and partner network. The platform's ability to automate complex business processes is gaining traction both nationally and internationally, positioning it as a leader in the field. Read more about this achievement here.

Swisspod Technologies, in collaboration with EPFL DESL, has set new benchmarks in the hyperloop industry. Over the past few months, they have completed 82 successful hyperloop missions, covering a cumulative distance of over 1300km. Their unique drive train technology and autopilot system have proven that travel between Geneva and Bern can be achieved in under 20 minutes at a fraction of the energy cost of traditional trains.

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 investors@seedblink.com.

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