Concentric
Concentric is a London-based venture capital firm founded in 2013 by Kjartan Rist and Denis Shafranik, both of whom have extensive experience in European venture investing. The firm focuses on early-stage technology businesses that utilize software-driven solutions to address significant challenges in various sectors, including financial services, mobility, real estate, industrials, and logistics. Concentric employs an activist venture approach, leveraging the team's diverse expertise and extensive network to enhance the growth potential of its portfolio companies. With offices in London and Copenhagen, Concentric typically invests between €0.5 million and €5 million in promising tech ventures across major Northern European hubs.
Galoy
Private Equity Round in 2022
Galoy provides an open-source Bitcoin banking platform that enables communities and institutions to offer financial services using Bitcoin. The platform includes a secure backend API, mobile wallets, point of sale applications, compliance tools, and administrative controls. By facilitating the development of tools that connect traditional payment networks with Bitcoin's Lightning Network, Galoy empowers various organizations to establish themselves as Bitcoin banks. Its notable initiative, the Bitcoin Beach Wallet, has played a pivotal role in fostering a circular Bitcoin economy, which has influenced the adoption of Bitcoin as legal tender in El Salvador.
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