Tecnet Equity

What is Tecnet Equity?

Founded in 2002, Tecnet Equity is a venture capital firm headquartered in Saint Polten, Austria. They invest in companies operating in various sectors such as information technology, communication technology, life science, industrial technology, material science, and environmental technology.

Tecnet Equity is recognized as a seasoned venture capital investor in Austria and an industry-independent early-stage fund. They often participate as lead or co-investor, focusing on B2B technologies, life sciences start-ups, and spin-offs. They support growth-oriented startups beyond equity capital by offering a broad support system backed by extensive experience and collaborations with esteemed research institutions, along with an expansive international network.

Their initial investments typically are around €300,000, and they remain actively involved in follow-on rounds, totaling up to €3 million. As active partners, they foster rapid growth with the goal of achieving sustainable success.

Tecnet Equity has developed a rapid financing option known as SAFE (Simple Agreement for Future Equity), providing €50,000 as a convertible loan for very young start-ups shortly after their foundation.

They cater specifically to startups with a working prototype or proof-of-concept, a clear market entry, a product adoption strategy, and a scalable business model with high growth potential. The venture capital process with Tecnet Equity involves a comprehensive preliminary assessment, support during participation, and ultimately seeking an exit opportunity through trade sale, secondary sale, or IPO.

Over two decades, Tecnet Equity has funded several successful ventures including Propcorn, Sipfront, Circly, ESG Plus, Farmdok, Greenwood Power, Orderlion, Ribbon Biolabs, Sarcura, Shopstory, Corplife, Valanx, Sheepblue, Foex, indoo.rs, Jeder, nxt Control, Sipwise, and Wikitude.