Nanoplasmas, Allcancode and BibeCoffee Machine Sophistication are the latest three startups that the Greek Uni.Fund adds to its portfolio, Greek media reported. The total investment is 850K euros (150K, 300K and 400K respectively), funds that will help the newcomers to further develop their products.
With these three investments, Uni.Fund moves up to a total of 10 startups that the fund has under their umbrella. Moreover, as stated by Katerina Pramatari, Partner at Uni.Fund, soon they will announce eight new investments that are already in a very advanced stage of agreement and are active in the areas of e-business, health and energy, including three companies from the field of research. This big “enlargement” follows after they received a large number of worthy proposals for funding.
“It is true that today, after 15 months of operation, we feel much more optimistic than at the beginning and this is the result of the really large number of valuable proposals for funding we have received. There is a great but “hidden” dynamic in the Greek ecosystem, which we wish to highlight. With this in mind, and taking into account the limited resources we have at the moment, we are determined to continue with the effort of new funding. The actions on our part have already begun in this direction and the response we find makes us even more optimistic “, said Mrs. Pramatari, startup.gr reported.
Who are the three startups that gain the Uni.Fund trust?
Founded in 2016 in Athens, Nanoplasmas is a spin-out company of NCSR Demokritos, with expertise in micro-nanotechnology and surface engineering, preparing high-end consumables for health, food safety, agricultural and environmental applications.
Its patented technology has been incorporated into microfluidic devices creating lab-on-chip diagnostics and lately focused on the development of a novel bacteria capture lab-on-chip kit for the detection of Legionella pheumophila bacteria in the water. Nanoplasmas has several other products in the pipeline based on its innovative plasma nanotexturing technology.
The 150K that Nanoplasmas raises from Uni.Fund will be used for both product improvement and product certification.
Founded in 2014 also in Athens, Allcancode is the first Less-Code platform that accelerates and lowers the cost of web and mobile app development from design to delivery. It is the one stop shop for advertising & marketing agencies to increase their digital capacity.
The company’s mission is to simplify software development and empower its customers in turning their ideas into mobile apps & websites, faster than ever before and with fewer resources.
The 300K euros that they received from Uni.Fund, the startup will strengthen the company, enlarge the number of employees and develop its customer base.
BibeCoffee is an IoT real-time monitoring solution that transforms every professional coffee machine to a smart connected terminal minimizing revenue Loss and safeguarding brand quality image.
Using an innovative hardware device and easy to use the platform, it aims to streamline the way coffee distributors, makers and chains work and operate; guarantying that high-quality coffee is always served without compromises.
The startup founded in 2018 in Athens managed to raise 400K from Uni.Fund, funds that will be used to improve and certify their product and promote the product on the foreign markets.