In the first quarter of 2025, we reported a decrease in the total value of our portfolio of EUR 33 000. This was mainly due to a decrease in the stock price of Boleron and a recalculation of our stake in Native Teams.
We made a follow-on investment in Hydrogenera in an internal round with high demand. We managed to invest EUR 73 000 despite a desire for a larger amount. We supplemented our investment in Eleven Fund III with EUR 100 000.
After a very strong year of sales, ONDO managed to close a financing round of EUR 375 000, through which it will support its continued growth.
Native Spaces decided to raise a bridge round, with a maximum value of EUR 3M. To date, EUR 500 000 has been raised and there is interest in an additional EUR 200 000.
eBag continues to be a profitable company and is breaking records – daily, weekly and monthly, with a 45% increase in turnover for the first quarter.
The companies in the portfolio continue to successfully implement artificial intelligence in their work and products, with some of them undergoing a complete transformation, responding to the latest trends in customer experience.
More information can be found in the attached presentation.