Amadeus Capital Partners and Apex Ventures have announced a new partnership to support deep tech early-stage startups, predominantly in the DACH region, through the Amadeus APEX Technology Fund.
The €80M fund, which has had a first close of €28M, will initially invest between €1-1.5M in seed and series A stage deep tech ventures with unique and defendable technology. Investments will be made in sectors that include artificial intelligence and machine learning; quantum technologies and photonics; mobility and space innovation; autonomous systems and robotics, and other emerging deep tech areas. The business models must involve innovative technology and engineering based on significant scientific advances.
The new fund has already invested in OKAPI:Orbits, which offers space traffic management software designed to help satellite operators reduce manoeuvres, save fuel and limit downtime. OKAPI:Orbits is growing its international footprint at a time when increasing traffic in low-Earth orbit has heightened interest in space situational awareness and space traffic management.
Further investments will be announced shortly.
The fund’s investment committee includes Amadeus’ Co-Founders Anne Glover and Hermann Hauser and APEX Partners Andreas Riegler and Wolfgang Neubert.
Amadeus is a Cambridge, UK-based global venture capital investor with a long track record of backing technology entrepreneurs. Amadeus brings the know-how and network to help entrepreneurs build companies, from early stages in the UK to global growth in Europe and Latin America, focusing on AI & machine learning, cyber security, digital health/medtech, fintech, insurtech, enterprise software and semiconductors/hardware.
Apex Ventures is a Vienna, Austria-based from that focuses on early-stage companies driven by deep tech. It has invested in more than 40 deep tech ventures across the fields of AI for medical applications, quantum and laser technologies, automation and robotics, computer vision, space technologies, and medical technology.
FinSMEs
25/02/2023