About tecnet equity
tecnet equity is a venture capital firm founded in 2002. It is primarily based out of Vienna, Austria. As of Aug 2026, tecnet equity is an active investor, having invested in 27 companies, with 1 new investment in the last 12 months. It primarily invests in Seed round in Austria based startups. Its investments are spread across a wide range of sectors from Enterprise Applications to Life Sciences and High Tech. Most recently it participated in the $***** Seed round of Deepentix Overall, tecnet equity portfolio has seen 7 acquisitions including key companies like Wikitude, Indoo.rs and Sheepblue. A lot of funds co-invest with tecnet equity, with names like xista sharing a substantial percentage of its portfolio.Key Metrics
Portfolio Count
Portfolio Sectors
Portfolio Locations
Rounds of Entry
Seed, Series A & 1 more
Deals in last 12 months
tecnet equity's List of Top Investments
tecnet equity has a portfolio of 27 companies. Their most notable investments are in Orderlion and Orderlion.Their portfolio spans across and Austria. They have invested in Enterprise Applications, Life Sciences, High Tech and 12 other sectors, across stages such as Seed, Series A and 1 more. Here is the list of top investments by tecnet equity:VALANX is a biotech company that develops a site-specific protein conjugation platform to enable fast antibody-drug conjugates development as well as peptide conjugates and oriented immobilization for biosensors. They have patented reactive amino acid at defined sites and the site is encoded on the DNA level and is freely selectable.
Key facts about Valanx Biotech
2. Propcorn.ai
Real estate analytics platform. It allows investors and brokers to analyze the potential of buildings by offering insights that help with decision making.
Key facts about Propcorn.ai
- Founded Year: 2024
- Location: Vienna (Austria)
- Stage: Seed
- Total Funding till date: $876K
- Employee Count: 6 as on Jun 30, 2026
- Investors: tecnet equity, Hansmen Group and 5 Others
- Latest Funding Round: Seed, Jul 01, 2026, $*****
- Highlight: Editors' Pick
3. eyeson
SaaS-based platform providing group video conferencing solutions. The solution allows users to communicate via chat, video conferencing, and webinars, create virtual rooms to share knowledge and ideas, organize meetings, create and share learning rooms and send invites. Its features include an adjustable speaker, shareable rooms, live streaming via Youtube, Facebook, and others, recording, screen sharing, webinar contacts, custom room images, and others. It can be integrated with Slack, Dropbox, Facebook, Jira, Trello, Google Calendar, Youtube, and others. It offers a subscription-based pricing model and is available on Apple App Store and Google Play Store.
Key facts about eyeson
- Founded Year: 2010
- Location: Graz (Austria)
- Stage: Seed
- Total Funding till date: $3.39M
- Employee Count: 15 as on Jun 30, 2026
- Investors: aws Gründungsfonds, Arax Capital Partners and 8 Others
- Latest Funding Round: Seed, Dec 03, 2018, $*****
- Highlight: Editors' Pick
Developer of a technology platform for the synthesis of long DNA molecules. The company uses genetic solutions by the high-throughput synthesis of DNA. The company is focusing on libraries of DNAs of lengths of up to thousands of base pairs. The company is building genomes, high-throughput libraries, along with providing new products based on DNA, storing data, computing with DNA, and building DNA-based nanotechnological devices.
Key facts about Ribbon Biolabs
- Founded Year: 2017
- Location: Vienna (Austria)
- Stage: Series A
- Total Funding till date: $20.1M
- Employee Count: 63 as on May 31, 2026
- Investors: Lansdowne Partners, Hadean Ventures and 7 Others
- Latest Funding Round: Series A, Jan 31, 2022, $*****
- Highlight: Editors' Pick
5. Wikitude
Wikitude is a mobile augmented reality software which is developed by the Austrian company Wikitude GmbH (formerly Mobilizy GmbH) and was first published in October 2008 as freeware. It displays information about the users’ surroundings in a mobile camera view, including Image Recognition and 3D Modeling. Wikitude was the first publicly available application that used a location-based approach to Augmented Reality. Has 45k+ registered accounts and 15k+ AR apps used in 100+ countries. The company chairs the international AR technology standardization as part of the Open Geospatial Consortium (OGC). Customers include Epson, Adobe, Sony, LG and Samsung.
Key facts about Wikitude
- Founded Year: 2009
- Location: Salzburg (Austria)
- Stage: Acquired
- Employee Count: 3 as on Jun 30, 2026
- Investors: Yushan Ventures, Europa and 3 Others
- Latest Funding Round: Grant (prize money), Jan 01, 2016, $*****
- Highlight: Acquired
tecnet equity's Year-on-Year Investment Trends
tecnet equity has invested in 27 companies over the last 22 years, with an average of 1 new investment annually in the last 10 years. In 2025, it made 1 investment, while as of Aug 2026, it has made 3 investments in this year. Its most recent first time investment was in Deepentix and most recent follow-on round was in Propcorn.ai.Year | No. of Investments | ||
|---|---|---|---|
1st Round | Follow-on | Total | |
2026 (YTD) | 1 | 2 | 3 |
2025 | 1 | 0 | 1 |
2024 | 2 | 0 | 2 |
2023 | 2 | 4 | 6 |
2022 | 2 | 2 | 4 |
2021 | 0 | 0 | 0 |
2020 | 3 | 0 | 3 |
2019 | 1 | 0 | 1 |
2018 | 2 | 0 | 2 |
2017 | 1 | 1 | 2 |
tecnet equity's Investments by Stage
tecnet equity has made 19 investments in Seed stage with an average round size of $2.35M, 4 investments in Series A stage with an average round size of $3.29M and 1 investment in Series B stage.Stage of entry | No. of Investments |
|---|---|
Seed | 19 |
Series A | 4 |
Series B | 1 |
Note: We have considered here, only first round of investments
tecnet equity's Investments by Sector
tecnet equity has a diverse portfolio, with companies operating in the Enterprise Applications, High Tech, Life Sciences, Vertical SaaS and Sustainability Tech. Notably, it has invested in 23 Enterprise (B2B) companies, 23 Tech companies, 19 Software companies and at least 11 companies focusing on Saas.Sector | No. of Investments |
|---|---|
Enterprise Applications | 16 |
High Tech | 6 |
Life Sciences | 6 |
Vertical SaaS | 6 |
Sustainability Tech | 4 |
Others | 15 |
Note: We have considered here, only first round of investments
tecnet equity's Investments by Geography
tecnet equity has made most investments in Austria (23).tecnet equity's recent investments
tecnet equity has made 3 investments in 2026 so far. Deepentix and Propcorn.ai are the latest among them.Here are the most recent investments by tecnet equity:
Date | Company | Location | Round Details | Round Amount | Co-Investors |
|---|---|---|---|---|---|
Aug 20, 2026 | Austria | Seed | 7422 | ||
Jul 01, 2026 | Austria | Seed | 2998 | [+2] | |
Mar 12, 2026 | Austria | Series A | 5600 | ||
Mar 19, 2025 | - | Seed | 2555 | - | |
Nov 14, 2024 | Austria | Seed | 8013 | - |
Acquired companies in tecnet equity's Portfolio
7 companies from tecnet equity's portfolio have been acquired. The most recent acquisition was Sheepblue in Mar 2024 by Protime for $*****.Here are tecnet equity's portfolio companies that got acquired most recently:
Company | Acquisition Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Mar 13, 2024 | Nov 14, 2018 | Seed | 9850 | |
Aug 03, 2022 | May 04, 2015 | Seed | 2073 | |
Sep 16, 2021 | Oct 2010 | Seed | 7236 | |
Jul 03, 2019 | Jun 2013 | Seed | 1760 | |
Feb 28, 2019 | Feb 20, 2013 | Seed | 6818 |
Co-investors of tecnet equity
Over the past 22 years, 60 investors have co-invested in tecnet equity's portfolio companies. This includes funds and angels.
- Invested before tecnet equity: Austria Wirtschaftsservice, Hansi Hansmann and 8 others have invested in rounds before tecnet equity. There are 2 companies where Austria Wirtschaftsservice has invested before tecnet equity and 1 company where Hansi Hansmann has invested before tecnet equity.
- Top Co-investors of tecnet equity: 21 investors entered a company along with tecnet equity. These include investors like xista (2 companies).
- Invested after tecnet equity: A total of 29 investors have invested in tecnet equity's portfolio after their investments. Top Investors include Europa (7 companies), Fournier-Majoie Foundation (1 company) and Fujifilm (1 company).
Recent News related to tecnet equity
•
Valanx Biotech Secures €3 million in Latest Round of FinancingContract Pharma•Mar 13, 2026•xista, Valanx Biotech, Fournier-Majoie Foundation, Fujifilm and 2 others
•
Finanzierung Nexufend setzt neue Maßstäbe in der NetzwerksicherheitTrending Topics•Mar 19, 2025•Nexufend, tecnet equity
•
Nexufend: Safing Founders Secure SAFE Financing from tecnet equity for New Startupbrutkasten•Mar 19, 2025•Nexufend, tecnet equity
•
Austria-based VALANX Biotech bag €2.3M for drug development and diagnosticsSilicon Canals•Nov 10, 2023•Valanx Biotech, xista, tecnet equity, SOSV and 1 other
•
Lower Austrian startup Shopstory raises €2 million to make e-commerce marketing flowEU-Startups•Oct 06, 2023•Shopstory, startup300, aws Grunderfonds, Calm/Storm and 1 other
•
•
•
Austrian deeptech startup Sarcura raises €7M in a seed+ roundAIN.Capital•Nov 18, 2022•Nina Capital, Nova Capital, Axilium Holding, tecnet equity and 5 others
•
•
Ribbon Biolabs Raises EUR18M in Series A FinancingFinSMEs•Jan 31, 2022•Ribbon Biolabs, Hadean Ventures, Lansdowne Partners, Helicase Venture and 3 others
