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Investment opportunity into a modern retail park in Piešťany and an innovative investment structure with protective instrumentsfor Crowdberry investors.Retail Park Piešťanyis 100% occupied with lease agreements with established brands Pepco, dm drogerie and Super zoo. Tenant agreements started in autumn 2019 when the park received use approval.

Retail Park Piešťany has a net leasable area of ca. 1 500 sqm and is located on a land plot of ca. 4 100 sqm situated right next to a Lidl grocery store and near Tesco and Kaufland supermarkets, 4 min by car from the city centre and with direct access to the D1 motorway. 

3-year investment horizon with stable returns

Standard length of lease contracts (weighted average unexpired lease term is 5.1 years, no possibility of termination)

Tenants are reputable companies with high revenue growth

Financing partner is Tatra banka and general contractor is construction company Keraming

Inflation protection: rent will be increased every year by 75% of inflation

Liquidity preference for Crowdberry investors and other protective instruments

Developer is KLM real estate (“KLM’) who has 17 years of experience in real estate development, a strong team and an impressive portfolio of 33 completed projects of which 16 involved the development of retail parks. In total 41 tenants and 112 retail units for lease

KLM has successfully exited from number of their retail park developments. In 2018 and 2019, KLM sold a portfolio of 10 retail parks with a total leasable area of 39,000 sqm to Tatra Asset Management

The value of retail parks in Slovakia has risen every year over the past five years. Retail park yields have decreased from 8.0% in 2015 to 7.25% in first half of 2020. This represents a growth in value of ca. 10.3% due to a compression in yields alone. 

Increases in retail sales also benefit retail parks owners. Retail sales in September 2020 exceeded the sales of the previous year – an annual growth of 5.8% was the highest annual growth since October 2018. We also saw a 5.9% y-o-y growth in sales in the category "other household products in specialized stores”.

Retail parks mainly benefit from good transport accessibility, free parking and easy access to groceries and consumer goods.

COVID 19: The store units in retail parks typically have their own entrances and are accessible directly from the parking lot (same for Retail Park Piešťany), which to a certain degree limits contact with other shoppers and creates an advantage for retail parks compared to an enclosed shopping centre. 

MARKET

1. Acquisition of an 80% ownership share 

The investment will be used to purchase an 80% share in the company that owns the retail park. KLM cooperates with multiple financial partners and decided to further its cooperation with Crowdberry after previous positive experiences with projects such as KLM Nitra and KLM Trnava. Crowdberry investors have an opportunity to become co-owners of a retail park in Piešťany and receive the profit from lease agreements as well as the profit from sale of the property in the future. The business plan is to hold the building for a period of 2–3 years and thereafter sell the property for a higher price included within a larger portfolio of retail parks/industrial buildings owned by KLM together with projects that are currently in preparation. In case the retail park is not sold within 3 years, KLM real estate a.s. is obliged to buy back the shares from Crowdberry investors at a predetermined price.

2. Preliminary investment timeline 

Sale of retail park on the market / exit of Crowdberry investors: 2023–2024  

3. Status of the project at the time of investor entry

Building approved for use, ongoing 5 – 7 year lease agreements with Pepco, dm drogerie and Super zoo (signed in autumn 2019)

Retail park is located right next to a Lidl grocery store, with direct access to the D1 motorway and next to a main road to the city centre which all help to generate footfall (customers) for the retail park. The park is in a strong catchment area, e.g. only 50 m from the Juh housing estate, 1.6 km away from the city centre and close to Tesco and Kaufland supermarkets. More information about the location can be found in the gallery at the bottom of this page and in the “Information on Investment” document. 

Lidl Slovakia owns 100% of the building they occupy, which increases the probability of them keeping their presence at this location over the long term and hence the location maintaining its attractive position as a destination for buying food and other typical daily products.

5. Security of investment and control:

Crowdberry investment will be repaid before any money is paid to KLM, limiting the downside risk of your invested capital.

All changes to the business plan are subject to the approval of the Supervisory Board ensuring oversight and an influential position for the Crowdberry investors.

If the property is not sold within 3 years, KLM real estate a.s. is obliged to buy back shares from the Crowdberry investors.

If KLM does not perform the above mentioned legal commitment, Crowdberry is able to start the sales process of the retail park without the prior approval of KLM. In this scenario, Crowdberry’s liquidity preference (preferential payment of money) is extended to equity + yearly return of 11%. More information and the minimum price at which the retail park can be sold for can be found in the Information of Investment (IoI) document.

PROJECT

KLM has successfully completed development projects throughout Slovakia. They focus on development of retail parks, logistics parks as well as residential projects.

Over the past 17 years, KLM has successfully completed 33 projects of which 16 projects were development of retail parks (the map of realized and projects in preparation can be found in the gallery at the bottom of this page). KLM generated several investment opportunities for its partners in total combined value of € 250 million. KLM has a similar successful track record in the sale of projects to institutional investors (e.g. Tatra Asset Management, P3 logistics parks and První Penzijní). In 2018 and 2019, KLM sold a portfolio of 10 retail parks with a total leasable area of 39,000 sqm to Tatra Asset Management.

KLM is currently expanding its portfolio and is planning the development of six new retail parks with 63 retail units. KLM signed seven new retailers to its tenant portfolio for these upcoming retail parks.

KLM’s project references include a retail park in Zvolen, a shopping centre in Dunajska Streda and a logistics park in Zilina. Their tenant portfolio includes several well-known retail, logistics and delivery service companies such as Deichmann, BILLA, Slovak Parcel Service, DHL, Volvo, Mountfield, Teta drogerie, Tesco and alza.sk.

For more information please visit KLM’s website: www.klmre.cz/en 

PARTNER

ASB: ASB GALA 2020: Nominácie na ocenenie ASB Developer roka – v segmente retailu 

Webnoviny.sk: Tatra Asset Management je novým majiteľom portfólia retail parkov v SR 

E15.cz: Retailové parky jsou investiční sázka na jistotu 

Retrend.cz: Společnost Trei otevírá již desátý Vendo Park v České a Slovenské republice

Ihned.cz: Portiva zahájila nákup obchodních parků za 2 miliardy. Investice do nemovitostí má představovat třetinu aktiv firmy

Retrend.cz: Retail parky skupiny CPI Property Group jsou kompletně obsazené

MEDIA

The annual return, known as the yield, for retail parks on the Slovak market is slightly above 7.0% p.a. The yield is the return under the condition that only the company’s own resources are used for the investment into the property, i.e., without the use of bank financing. The company that owns Retail Park Piešťany drew on bank financing to the amount of around 50% of the value of the property, which is a conservative degree of debt. The annual expense for the bank loan in this case reaches almost 2.0%. If the money borrowed from the bank at 2.0% is invested into real estate that generates a yield of 7.3% p.a., the return on equity, i.e., your investment, could even reach more than 10.0% p.a.

How can you achieve an annual return above 10% when investing in leased real estate?

Crowdberry investors will purchase a share of KLM real estate from the company, which owns the real estate, thereby acquiring the opportunity to achieve yields typical for owners of retail parks. For KLM real estate, Crowdberry does not represent a form of real estate financing like credit, bonds or other types of loans. KLM real estate is selling the stake with the aim of freeing up equity and investing it in other prepared projects.

Why is KLM cooperating with Crowdberry, when there are less expensive sources of financing? 

The current owner of KLM real estate will remain a co-owner together with Crowdberry. The joint business plan is to sell the property on the market no earlier than in two years, with the goal of maximising profits. If a suitable offer appears in two years, then the real estate will be sold in two years; if it gets an offer in three years, then the sale will take place in three years. Along the same lines, the higher the price for which the real estate is sold, the greater the yield that Crowdberry investors will receive. If the real estate is not sold within three years, then KLM real estate is obliged to buy back the stake from Crowdberry for a previously agreed price. You can find more information about the purchase obligation on pages 23 and 24 of the information memorandum. 

Why is the exact amount of the yield and precise time for payment of the investment to the investors not set?

Retail Park Piešťany

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Growth capital for companies and real estate

Crowdberry in 2021

A new real estate fund of qualified investors from CB Property Investors

The investor community has grown to 4,700 registered members

As our portfolio grew, so did the need to expand our team

Thank you for your trust and we look forward to an equally successful 2022 – perhaps even more so!

2021 was a year full of opportunities. Czechs and Slovaks showed that despite all the challenges, they still want to keep developing their businesses and the world around them. To see how, look at the numbers from our platform. Last year, private investors stumped up the most investment in our history for successful Czech and Slovak companies and real estate – over €16 million (CZK 400 million). In total, Crowdberry had €60 million of capital under management and 42 companies in its portfolio by the end of 2021. In addition, Crowdberry partner Peter Bečár oversaw the creation of a qualified investor fund focused on real estate. There was even a record increase in registrations on the Crowdberry platform and in our team members.

“Within a month of launching the campaign, we had raised €2.1 million from around 125 investors.”

Isadore Apparel, founded by former professional cyclists Peter and Martin Velits, is a step closer to its goal of becoming a major global player after a second investment round closed in record time on the Crowdberry investment platform. Investors responded not only to the potential of the market in which the cycling apparel brand operates, but especially to the results achieved so far. Isadore ended 2021 with revenues of almost €4 million (up 36% year-on-year), increased the number of new registrations by a third, and won a prestigious Euro Effie Award for its advertising during the Tour de France. 

Velits brothers’ Isadore Apparel raises €2.1 million in another investment round

Z nášho portfólia | Zafinancovali sme 3 investičné príležitosti

Isadore Apparel – from cyclists to cyclists

isklad – comprehensive logistics for e-shops

Artzenal – digitization of 3D objects and NFT

Refresher – a media portal with drive

SmartHead – sustainability management for companies

We are delighted to see companies raise capital through our investment platform to fulfil their potential and continue to grow. This includes a premium cycling apparel brand, a company that provides comprehensive logistics solutions for e-commerce, and a company that captures reality almost perfectly and translates it into unique digital experiences. But there are also companies that have the same ambition to change the world and are just one step away from closing their investment. Find out which ones below.

From our portfolio: 3 new funded investment opportunities; target sum for SmartHead hiked; Refresher signs first tranche

At the beginning, Dr. Zuzana Gyárfášová started to produce its organic cosmetics only for her own use. Her oil-based products soon became very popular. In 2018, she introduced her first 5 facial oils to the world under the brand Noili. Thanks to the initial investment from CB Investment Management, the company managed to expand into the Czech market and broaden its product portfolio. One of Noili's loyal customers is top model Daniela Peštová, who was attracted by the brand's minimalism and decided to work closely with the brand. The brand is planning to grow further, which should be boosted by the investment raised in an investment campaign on the Crowdberry platform.

Slovak organic beauty cosmetics Noili plans to expand

“Crowdberry is a partner that not only finances the project but also capable to help with its implementation.”

Czech and Slovak investors have invested CZK 46 million in the Apartments Lipno development project in the first tranche, which we are now successfully closing. This money will be used by the developer - Top Building Group - for the acquisition of the plot and works related to the preparation of the project. The total investment that the company plans to raise through our investment platform will amount to over CZK 90 million.

We have closed the first tranche of investment in the Apartments Lipno project

25 April is a significant milestone date in the understanding of the DNA molecule. On this day in 1953, scientists published a study describing DNA as a double helix. It was a very important discovery that led to the development of modern molecular biology, and International DNA Day is celebrated in its honour every year on 25 April. To mark the occasion, we spoke to geneticist Michaela Šišková, founder of the biotechnology company DNA ERA. In what aspects of life do we use DNA? And how can knowledge of our own DNA help us take better care of our health? 

International DNA Day: an interview with geneticist Michaela Šišková

Following initial growth capital from a fund managed by CB Investment Management, two young Slovak companies, DNA ERA and Noili, now have the opportunity to raise additional investment from private investors on Crowdberry's platform. The total value of the new capital, which will enable these startups to continue expanding into new markets and broaden their product portfolios, will reach almost €1.3 million.  

Slovak companies Noili and DNA ERA seek capital for further growth

A joint venture between CB ESPRI and Slovak Investment Holding is set to launch the CB ESPRI Impact One Investment Fund, which will be the first Slovak investment fund with the goal of supporting the creation and development of NGOs and SMEs whose activities are of public benefit. CB ESPRI will act as the fund manager, while Slovak Investment Holding will provide the resources from the European Social Fund's Operational Programme Human Resources. The fund intends to invest up to €10.5 million in activities with a positive social impact outside of the Bratislava region by the end of 2023.

New Slovak investment fund CB ESPRI Impact One to focus on activities with positive social impact

On the back of the rising interest in investment opportunities in residential, logistics, industrial and retail real estate as well as senior housing, we have decided to expand the Crowdberry team with the addition of three experienced managers. In addition, we will continue to develop our portfolio of investment opportunities in 2022 and we have more transactions in the pipeline.

Three new colleagues join Crowdberry’s real estate team

From fashion to topics rarely discussed elsewhere

Sme Refresher - Hlas modernej generácie

Pioneers of native advertising

“I At the time of our launch, the media wasn’t focusing on our target group, and native advertising, our main source of income, practically did not exist in Slovakia and the Czech Republic,”

Poučení z chyb

Expansion to the Czech Republic and out into the world

“The greatest potential of Refresher is its target group, which it has been dedicated to serving since the beginning and who is now very loyal to it. Now this readership group’s purchasing power is growing (and will continue to do so), which is why advertisers are focusing on this population segment.”

Refresher.sk was created as a graduation project of classmates Gábor Boros and Filip Vajda. Their project didn’t make much sense to people at the beginning, but today their media portal is read by more than 3 million people every month in Slovakia and the Czech Republic. It provides young people with information on social issues and topics not normally covered by the mainstream press, and excels at putting difficult subjects into context. It also guides the creation of online content for creators and advertisers. Simply put, Refresher is the place where Generations Y and Z go for information. Now the company is looking for partners and financing for expansion – and you can be part of that as a co-owner.

Refresher is extending from Slovakia into the wider world. Why you should invest in this media portal.

Industrial real estate: e-commerce is the driving force

Retail parks are emerging from the crisis stronger

Development projects with value added

Residential construction – response to affordable mortgages

Real estate is an ideal way to diversify one’s portfolio today. Capital invested in real estate brings not only interesting opportunities for appreciation, but also protection against inflation. How did industrial real estate, retail parks, residential development and construction of housing for seniors perform last year and why is capital distribution important? Find out in this next instalment of our Investing in Real Estate series.

Coronavirus is having a positive impact on some real estate segments

Real estate should be a standard part of any investor’s portfolio, in which several segments with various levels of risk should be combined, says Peter Bečár, partner at Crowdberry.

Giving investors more choice in real estate

Crowdfunding has become increasingly popular over the past decade, yet it has been with us for centuries. The Statue of Liberty in New York and the Czech National Theatre are both examples where communities funded an idea or a project. The latest innovation in crowdfunding is crowdinvesting, which allows investors to invest in and own a share in a privately held company or real estate.

Meet Crowdinvesting – a new, innovative way to invest, co-own and build global leaders out of Slovakia

Boataround.com has received funding from Crowdberry investors and Slovak Investment Holding to accelerate its international growth.

Boataround successfully closed its Crowdberry investment campaign 

The biggest potential for growth can be seen in sectors that profit from the dynamic in e-commerce. In the realm of alternative investments, there is a focus on those that bring innovations or improve the quality of customer-service as well as suppliers.

The pandemic has pushed growth in some sectors

Community investing responds to an ageing population – Crowdberry enables the co-ownership of the largest private facility for seniors dependent on medical care and patients with Alzheimer’s disease in Bratislava. Thus, through crowd-investing, it is available for private investors, making it a unique investment opportunity in Central Europe as a whole

Why Slovakia’s largest private 24/7 care nursing home and Alzheimer’s centre is a unique investment

On June 21, European Commission President Ursula von der Leyen visited Slovakia to give the EU’s stamp of approval for Slovakia’s recovery plan to Prime Minister Eduard Heger. As part of her trip, President von der Leyen also met with innovative Slovak startups focusing on green solutions and biomedicine. 

5 companies from Crowberry’s portfolio presented to Ursula von der Leyen as the best Slovak startups

Reasons for the CSRD

Who will be affected by the new directive?

SmartHead uses the potential of CSR and its reporting

More than 50,000 companies in the EU will soon be required to report non-financial information on the sustainability of their business. So far, reporting requirements have affected only 11,600 organizations. But from 1 January 2023, the Corporate Sustainability Reporting Directive (CSRD) will affect all large companies, while small and medium-sized enterprises will be given three more years to implement it. The besmarthead.com platform is designed to help companies of all sizes comply with this directive. Besmarthead.com’s creators are now using the Crowdberry platform to seek out new investment for further development. What kind of potential does this new tool have?

New EU Sustainability Directive will affect more than 50,000 companies; the besmarthead.com platform will help with reporting

Crowdberry is in the process of organizing its first Crowdberry Forum – a virtual conference under the theme, “Capital is more than just money”, to be held on 23 November. The influence of growth capital on the value of companies will be discussed by company founders, entrepreneurs and investors. The conference will be available for viewing online.

Crowdberry to hold its first Czech-Slovak forum on impact of growth capital on the value of companies on 23 November

“The interest shown among investors in joining Crowdberry has been double our expectations. After five years of work, we have been given a strong mandate to further develop a universal platform for the direct financing of dynamic companies and real estate. For us partners, this also means the commitment that we must continue to create value for companies that, thanks to capital from Crowdberry investors and our investment funds, contributes to the development of society.” Daniel Gašpar, Crowdberry partner.

Growth capital for 39 companies

Fintech platform and new services

Crowdberry, which manages two growth capital funds in addition to its online investment platform, received an investment of nearly €1.5 million to develop and open the market further. The objective is to further expand the possibilities of financing for Czech and Slovak companies as well as real estate, while at the same time provide investors with a wide range of opportunities to increase their capital.

Crowdberry receives significant investment for further development and welcomes new European regulation

SEC Technologies, inventor of a laser-based technology that can detect, identify and quantify chemical warfare agents and toxic industrial chemicals over long distances, has successfully raised €3 million in funding from Crowdberry and Venture to Future Fund (VFF).

SEC Technologies raises €3 million investment from Crowdberry and Venture to Future Fund

Slovak company nettle.ai, which is focused on solutions in the area of conversational technologies using artificial intelligence, received a significant investment in the volume of €1 million from Crowdberry investors and the Venture to Future Fund (VFF) investment fund.

nettle.ai receives €1 million investment from Crowdberry

Bratislava, 4 October 2019- Investment fund The National Development Fund II, a. s., which is under the administration of Slovak Investment Holding, announced the winners of the tender for the administration and implementation of financial instrument for the support of startups in the amount of €23 million. €11.6 million will be managed by experts from investment platform Crowdberry.

Crowdberry will manage a state's multi-million package to support start-ups

CB Investment Management

Due to the coronavirus crisis, some investors have reconsidered their investment plans and begun to focus on lower-risk investments. 

Growth capital for business will aid innovation in crisis

Simple improvements that make a big difference

Personnel is responsible for 99% of the result

Looking for investments to expand through the Crowdberry platform

Target group not the elite

Even a lot of the locals do not know about the quiet complex. At first glance, few would think that the buildings, which look more like a hotel, would be a home for senior citizens. Thanks in part to investors from the Crowdberry investment platform, however, this facility has been created with a modern concept that lets its residents grow old with dignity.

Dúbravská oáza: A facility for senior citizens that your parents deserve

Predstavenie SmartHead

For some a part of their DNA, for others an obligation

Companies that don’t reduce CO2 emissions risk 5–50% lower profits

Sustainable development is not only about the climate, as it also involves gender equality, decent working conditions, innovation and justice.

CSR as a purchasing criterion

CSR as a criterion for employment decisions

How to navigate sustainability

RESOURCES

Whereas a few decades ago the word “ecology” was a cause for laughter and people with disabilities were confined to special schools, today no one is surprised if you bring your own cup to a café and the coffee is made by a barista with Down’s syndrome. We have made great progress as a society, but we are not done yet. Social responsibility and sustainability have become increasingly important to more and more people, as well as a way for companies to maintain their competitiveness, recruit new talent and, primarily, to make the world a better place for us and future generations. The Slovak firm SmartHead is responding to the challenges and opportunities this creates for companies.

Social responsibility as a path to easier recruitment and higher profits: Slovak firm SmartHead helps companies take advantage

Ecocapsule – microhomes for camping and humanitarian workers

Sensoneo – IoT waste management solutions in 60 countries

Boataround – sea wolves from Bohemia and Slovakia

Dúbravská oáza – the first home for seniors financed by private investors

GymBeam – disruption in the fitness nutrition market

MultiplexDX – raising the odds of surviving cancer

Isadore – from Púchov to the Tour de France

The main objective of investing has always been the appreciation of capital. Still, more and more people are focusing on philanthropy as well. What if you could combine these two ideas? What if you could invest in biotechnology companies, sustainable housing or a smart city product? This is exactly what Crowdberry enables its investors to do. Take a look at seven examples of companies that have used our investment platform to obtain financing and, as a result, are changing their field, their market and sometimes even the world.

Companies that are changing the world thanks to Crowdberry

Apartments Lipno: Construction of apartments right by the reservoir

Představení investiční příležitosti: Apartments Lipno

Superior investor protection

The prices of recreational properties have risen significantly since 2018. The coronavirus pandemic has certainly played a role in this, though in some locations the predominant reason is the interest of residents of neighbouring countries. For example, Lipno Reservoir is historically a very popular area among Austrian citizens. 

Demand for recreational properties has risen dramatically over the past three years. How to exploit it? 

The Slovak brand Isadore is embarking on its next phase. The cycling apparel and accessories maker is opening the Isadore Community Hub on the renovated premises of the historical Pradiareň 1900 building in Bratislava. 

Isadore to open community centre for cyclists and first brick-and-mortar store in Bratislava

Update: The Trnava logistics facility construction on schedule

KLM Trnava | Stavba zahájená!

Logistics developments like that for Slovak Parcel Service are opening up to individual investors

Logistics developments like that for Slovak Parcel Service are opening up to individual investors. Trnava’s largest business zone is expanding to include a distribution hall for fast package processing. Slovak developer KLM real estate is building it for its client Slovak Parcel Service, the largest courier company in Slovakia. 

KLM to develop new logistics facility in Trnava with help from Crowdberry investors

What exactly are NFTs

Nifty cars

Non-fungible tokens (NFT) are the hottest new digital phenomenon. By the end of 2020, the market for NFTs, or unique digital objects, had risen 825% from 2018. The market is still young, though, and the world is just beginning to discover all the ways that NFTs – or nifties as they are known colloquially – can be used. 

The NFT Phenomenon: Big Potential for Digital Art

In December 2021, we strengthened our real estate investment team with the addition of another experienced manager, Jan Rovný. Jan has eight years of experience in the area of corporate finance with a focus on consulting on the sale and purchase of companies, properties and project investments. At Crowdberry, he will be involved in transactions, fundraising and project financing in the property segment, focusing primarily on the company’s real estate fund, CB Property Investors.

Jan Rovný joins Crowdberry’s real estate team

Spoluvlastněte Artzenal

Drawing on experience from the gaming industry

Photogrammetry of Bastova Street

Potential for use in NFTs, e-tourism and the entertainment industries

How Artzenal digitises objects

Steam engine Albatros 498.104 - 3D scan and real-time footage from UNREAL Engine by Artzenal

Be part of the global growth of the new leader in virtual reality

“Artzenal is raising virtual reality to a completely new level. In a relatively short time, it has begun cooperating and building its reputation with world-renowned companies from the gaming and digital industries, giving it the potential for global growth. In addition to an interesting return on capital, the investors also get the opportunity to participate in the growth of the company and to be a part of the transformational changes happening to the entertainment industry, from marketing to how we interact with cultural monuments.”

Slovakia’s Artzenal is recording reality with absolute precision and taking it into the digital world. It is making otherwise inaccessible experiences available to everyone, such as looking inside a locomotive, sitting in a racing car or seeing cultural monuments down to the finest detail. But this digitisation of physical objects is also increasingly being used in marketing, tourism and the entertainment industry. 

Artzenal digitises the physical world for movies, games, NFT and tourism; it’s now looking for support to grow globally

KLM Trnava | Kolaudácia

“The market for express delivery services in which we operate has experienced dynamic growth in the last two years,” says Ján Ťurek, CEO of Slovak Parcel Service. “Slovak Parcel Service dealt with this sharp increase in demand mainly due to long-term planned investments in the development of its distribution network. The new distribution center in Trnava is another important investment that will significantly strengthen our capacity and the efficiency of shipment processing in this region.”

Crowdberry investors joined developer KLM Real Estate, tenant Slovak Parcel Service, general contractor HSF System SK and financing bank Tatra banka to help celebrate the opening of the Trnava Logistics Center – one of the first industrial developments to involve smaller individual investors.

Crowdberry investors help celebrate opening of KLM’s distribution facility for Slovak Parcel Service

More patents, more talents

SEC Technologies, having gained the trust of the Venture to Future Fund (VFF) and our platform investors in February 2021, launched a new research and development center in early November. It was opened in Liptovský Mikuláš by the Minister of Defense of the Slovak Republic, Jaroslav Naď. The Slovak technology company will manufacture state-of-the-art Falcon 4G laser equipment to protect against chemical and biological threats.

Portfolio news: SEC Technologies opens new R&D center

“For us, obtaining this prestigious grant represents an acknowledgement of our 10-year research effort as well as a show of trust. It also proves that Slovakia, too, is home to ground-breaking and innovative solutions. We are delighted to play an integral part in shaping the Slovak biotech industry, which is now gaining more importance than ever before.” Eva Kováčová, CEO.

In September, 40 Crowdberry investors, alongside the CB Growth ONE investment fund, invested in Slovak biotechnological company Glycanostics, providing capital worth €1 million. Glycanostics will now receive an additional €2 million from the European Council, becoming only the third Slovak company, after MultiplexDX and Sensoneo, to have received such a European Innovation Council grant.

Glycanostics receives prestigious European Innovation Council grant