€1.6M
Portfolio ARR
3
Portfolio Companies
140
GPU Units
€12M
AI Factory CAPEX

Portfolio

Three concentrated positions.

All Holdings

Majority · SaaS Platform

Congruence

Flagship operating entity and primary revenue engine. Enterprise SaaS platform with an active growth trajectory.

€1.6M
ARR
51%+
Stake
View Details

Strategic Minority · SaaS

CRT

SaaS product company. Active governance rights with a view to deepening position as the company scales.

38.5%
Stake
View Details

100% Owned · AI Infrastructure

KVX Data

Purpose-built modular GPU data center. 140 GPU units delivering enterprise-grade AI compute with EU data sovereignty.

1 MW
Power
20–24%
Target IRR
View Details

Investment Thesis

Operational advantage over passive capital.

We focus on the €1M–€5M ARR range where operational improvements drive outsized returns. In-house management with full-stack capabilities across product, operations, finance, sales and marketing.

Read Full Thesis
01
Recurring Revenue Foundation Portfolio anchored in SaaS with predictable ARR and high gross margins.
02
Operational Advantage In-house management with full-stack capabilities across product, operations, finance, sales and marketing.
03
AI Infrastructure Positioning Proprietary Tier 4+ AI compute at the foundational layer of the EU AI economy.
04
Capital-Efficient Scaling Focus on €1M–€5M ARR companies where operational improvements drive outsized returns.

Investor Relations

Data room access
for qualified investors.

We are opening a limited partner structure to institutional investors, family offices and qualified private investors.

Contact Managing Director