kausable raised €12 million in seed funding to develop reasoning-first frontier AI that adapts to changing context without retraining. It has ties to Heidelberg University and Black Forest Labs (BFL).
alqem raised €8 million in pre-seed funding to build an AI-driven engine for discovering and commercializing next-generation materials. Its founders previously built Alexandria, an open materials database used by researchers and companies.
A February 2026 agreement among Proxima, Bavaria, RWE and the Max Planck Institute for Plasma Physics set a €400 million public funding pledge for Alpha, conditional on matching private capital; this round clears that threshold.
The company has built a B2B venture capital fund investing across Europe from offices in Berlin and Munich since 2011. It reports over 100 B2B investments and over 30 exits, including some of its own companies.
