Noctua Science Ventures has secured €15 million in its first closing. The fund focuses on pre-seed investments for research-based deeptech spin-offs originating in Austria.
The fund was established as a joint venture between Speedinvest and TU Wien. Its shareholder base now includes TU Graz, Montanuniversität Leoben, BOKU, and Johannes Kepler University Linz.
The investor consortium features Erste Group Bank AG, AWS, VERBUND X Ventures, and Allocator One, alongside several deeptech entrepreneurs. The fund plans to add more investors in the coming months.
Noctua intends to execute up to ten investments annually. It can commit up to €500 000 per spin-off as a lead investor during the initial financing round.
The fund is technology-agnostic and targets spin-offs across Austria. It has already finalized several deals, including investments in Vienna-based Turn-Motion and Graz-based DiLt Analytics.
