GR Capital

9 days ago a war against Ukraine was started by russia which brought huge pain and damage for our people and country. At the same time, we are happy to see how the tech world unites on solving humanitarian problems faster than any government. We are really proud to be investors in tech companies that are helping Ukraine and proud to have such strong friends and partners around the globe. Sending huge respect to you: Glovo, sennder, wefox, Kry, Bitpanda, Gorillas, Yapily, numa, FlixBus, Alan, JOKR, HousingAnywhere, DocPlanner, Bolt, and counting.  Ukraine, Ukrainians, and GR Capital standing strong in this war 🇺🇦

sennder has announced the acquisition of the European Surface Transportation (EST) operations of C.H. Robinson. The combined business will become a Top 5 FTL player in Europe with combined revenues of €1.4bn, a joint team of 1,700 employees and a European footprint that stretches 20+ locations. The acquisition will deliver significant growth potential, unlock the full power of network density and technology for the European road freight industry, improve unit economics and accelerate decarbonization efforts. Go sennder! 🚚

GR Capital portfolio companies Alma, Attest, and PlanRadar have been included in the "Top 100 Next Unicorns" by VivaTech. Each year, VivaTech publishes its "Top 100 Next Unicorns", a list of the 100 most promising scaleups in Europe. Those named are fast-growing tech companies with the potential to reach a valuation of $1 billion or more in the near future. So far, a third of the companies on VivaTech's top list for 2019 to 2023 have already become unicorns. As venture capitalists deeply entrenched in the innovation market, we've noted key sector-related trends: - Enterprise SaaS: cloud-based solutions are in high demand, with 43 leading companies driving scalability and transformative impacts on business operations. - Digital Media and Big Data/AI: both sectors, with 16 companies each, are revolutionizing decision-making processes and content consumption with data-driven approaches. - Fintech: with 14 innovative companies, fintech is reshaping traditional financial services to be more accessible and user-friendly. - Marketplaces: represented by 11 companies, these models are shifting towards direct, platform-based transactions, becoming vital in the digital economy. Also, it was nice to see two Ukrainian companies (Preply.com and Headway EdTech) on the list. Go Ukraine!

As 2023 draws to a close, we at GR Capital want to extend our heartfelt wishes for upcoming holidays to our esteemed partners, innovative entrepreneurs, and the resilient tech community - your dedication during challenging times has been truly inspiring. May this festive season bring you moments of joy, laughter, and the company of loved ones. We look forward to a new prosperous year filled with innovation, growth, and shared success. Warm wishes for a Merry Christmas and a Happy New Year!

GR Capital team was delighted to visit the NOAH Conference last week. It was a great opportunity to meet with our portfolio companies: wefox, sennder, Billie, and PlanRadar. The event was a fusion of visionary leaders, cutting-edge technology, and invaluable insights. It was great to see optimism from VC stakeholders in both later and earlier stages. There has been incredible progress on the cleantech and sustainability agenda - more understanding from the investors, and many more interesting projects. Dual-use tech is receiving increasingly more attention from VCs as it helps not only in the defense and security of modern democracies but also stimulates the development of new, groundbreaking civil innovations. Most businesses have proven resilience to the macroeconomic turbulence and are looking into the new year with confidence.