Serpentine Ventures

We are delighted to celebrate an extraordinary year for Auxivo AG, a Serpentine Ventures portfolio company, which continues to redefine the exoskeleton industry. Since launching their first product in 2020, Auxivo has shipped over 10’000 exoskeletons, helping workers across diverse industries reduce fatigue, improve safety, and boost productivity. This year alone, their solutions reached customers in more than 40 countries through a growing network of over 60 partners. Auxivo also expanded their global operations by launching their first international subsidiary and a new fulfillment service, ensuring they can support their customers more efficiently than ever. We are proud of Auxivo’s achievements in 2024 and look forward to their continued success in driving workplace safety and innovation in 2025. Congratulations to the entire team! Michael Stucky, Mike Baur, Craig Cooper, Oliver Walzer #SerpentineVentures #VentureCapital #Auxivo

We are proud to share a groundbreaking milestone achieved by Art Recognition, a Serpentine Ventures portfolio company, which enabled the first-ever sale of artwork authenticated solely by AI. In collaboration with Germann Auktionshaus AG, Art Recognition’s cutting-edge AI technology authenticated a watercolor by Marianne von Werefkin, which sold for nearly double its high estimate. This achievement reflects the transformative potential of AI in increasing transparency and trust within the art market, offering new confidence to auction houses, galleries, and private collectors alike. Art Recognition’s innovative platform leverages AI to provide detailed, reliable reports on the authenticity of artworks, reshaping traditional practices and empowering stakeholders to make data-driven decisions. Congratulations to the Art Recognition team on this historic success. We are excited to see their continued impact on the art world! 📖 Read more in ARTnews Magazine: https://lnkd.in/gF32CncF Michael Stucky, Mike Baur, Craig Cooper, Oliver Walzer #SerpentineVentures #VentureCapital #ArtRecognition

We are thrilled to share that our portfolio company, Apaleo, has raised €20 million in a growth equity investment round led by PSG Equity. This funding will allow Apaleo to accelerate international expansion and further develop their open property management platform. The company plans to strengthen its presence across Europe and globally, expanding its reach within the accommodation and serviced living industries. Apaleo's innovative platform is trusted by leading brands such as citizenM, easyHotel, Numa, Limehome, and iLive, as well as boutique chains like Miiro Hotels and Korner Hotels. Their API-first approach provides unparalleled flexibility and adaptability, empowering accommodation providers of all types and sizes to build customized tech stacks that align with their unique needs. Congratulations to the Apaleo team on this significant milestone! We are excited to support their continued growth and innovation in the hospitality industry. Michael Stucky, Mike Baur, Craig Cooper, Oliver Walzer #SerpentineVentures #VentureCapital #Apaleo

Klepsydra Technologies, part of Serpentine Ventures, has announced a strategic partnership with SYSGO - Embedding Innovations to integrate AI technology into avionics and space embedded systems. This collaboration combines SYSGO’s PikeOS, a certified real-time operating system and hypervisor, with Klepsydra’s high-performance AI software, enhancing AI-driven applications in aerospace. The integration aims to provide real-time data processing and decision-making capabilities for space missions, including earth observation, satellite systems, and robotics. Klepsydra Technologies specializes in high-performance AI software for embedded systems across various industries, including space and automotive. Their expertise in efficient data processing complements SYSGO's focus on safety-critical applications. Congratulations to the Klepsydra Technologies team on this partnership. Michael Stucky, Mike Baur, Craig Cooper, Oliver Walzer #SerpentineVentures #VentureCapital #KlepsydraTechnologies

LOXO, part of Serpentine Ventures, has officially established LOXO GmbH in Germany, expanding its operations to Munich. With this strategic move, LOXO brings its autonomous driving solution to the German market, supporting the automation and transformation of commercial fleets with its emission-free, fully automated transport systems. Designed in Europe for Europe, the establishment of LOXO GmbH marks a significant step forward in LOXO’s commitment to advancing autonomous driving technology across Europe. Congratulations to the LOXO team on this important milestone. Michael Stucky, Mike Baur, Craig Cooper, Oliver Walzer #SerpentineVentures #VentureCapital #LOXO

heyPatient AG, part of Serpentine Ventures, was recently featured on NextIn Business on SAT.1 Schweiz. The program highlighted how heyPatient's innovative solution could save millions annually for the Swiss healthcare system through automated digital processes. By reducing paperwork, enhancing interactions, and ensuring resources reach where they are needed most, heyPatient simplifies life for patients, healthcare staff, and the entire healthcare sector. heyPatient is a software-as-a-service company redefining the patient journey by placing the patient at the center of health services. By connecting hospitals directly to patients’ mobile phones, they significantly reduce operational costs and improve patient experiences. Their platform also allows customers to seamlessly add additional services. Congratulations to the heyPatient team on this feature. Michael Stucky, Mike Baur, Craig Cooper, Oliver Walzer #SerpentineVentures #VentureCapital #heyPatient

Luna Diabetes, part of Serpentine Ventures, has commenced its pivotal trial for a groundbreaking therapy designed to help people with insulin-requiring diabetes who are unwilling or unable to use traditional insulin pumps. This innovative solution focuses on improving nighttime glucose control, offering a simpler, safer, and more balanced approach to diabetes care. Luna Diabetes is developing the world's smallest patch pump, providing the easiest onboarding experience of any Automated Insulin Delivery system. It's the first system with an algorithm designed for use with insulin pens. Luna's mission is to make advanced diabetes technologies more accessible and less costly, allowing people to focus more on life and less on diabetes management. Congratulations to the Luna Diabetes team on reaching this significant milestone. We look forward to the positive impact this will have on the lives of many. Michael Stucky, Mike Baur, Craig Cooper, Oliver Walzer #SerpentineVentures #VentureCapital #LunaDiabetes

We are thrilled to share that Apaleo, a Serpentine Ventures portfolio company, has reached a significant milestone with over 1,500 hotels and serviced apartments now leveraging its open property management platform. This achievement reinforces Apaleo’s position as a driving force in hospitality technology, known for its API-first approach that offers unparalleled speed, reliability, and flexibility. Operating in more than 30 countries and managing over 80,000 units, Apaleo has a strong presence in the DACH region and is experiencing significant growth in markets like France, the UK, the Nordics, and the US. Their diverse and forward-thinking customer base includes global hotel brands like citizenM hotels and easyHotel , as well as innovative serviced apartment providers. Esteemed hotel groups and boutique chains have also joined Apaleo's expanding network, highlighting the platform's flexibility and appeal to various accommodation businesses aiming to future-proof their tech stacks. Congratulations to the entire Apaleo team on this remarkable achievement. We look forward to supporting their continued growth and innovation in the hospitality industry. Michael Stucky, Mike Baur, Craig Cooper, Oliver Walzer #SerpentineVentures #VentureCapital #Apaleo

We are excited to announce that Art Recognition, a Serpentine Ventures portfolio company, has formed a new partnership with the renowned Swiss auction house Germann Auktionshaus AG. Art Recognition utilizes cutting-edge AI technology to authenticate artworks, enhancing trust and transparency in the art market. By collaborating with Germann Auktionshaus, their AI authentication system will support and streamline art verification processes. Congratulations to the Art Recognition team on this partnership. Michael Stucky, Mike Baur, Craig Cooper, Oliver Walzer #SerpentineVentures #VentureCapital #ArtRecognition

Another exciting partnership announcement from Correntics, a Serpentine Ventures portfolio company. Following their recent collaboration with BKW AG, Switzerland's largest power distribution system operator, Correntics continues to make significant strides by partnering with UNIQA Sustainable Business Solutions to empower businesses to enhance resilience and effectively adapt to the increasing challenges posed by climate change. By combining Correntics’ climate risk analysis expertise with UNIQA's strengths in risk engineering and sustainability advisory, this partnership aims to foster more robust and sustainable businesses. Through advanced scenario modeling and strategic guidance, they are dedicated to delivering actionable insights and solutions that enable organizations to address climate-related risks and remain competitive in a changing environment. Congratulations to the Correntics team on this partnership. We look forward to seeing the positive impact this collaboration will bring. Michael Stucky, Mike Baur, Craig Cooper, Oliver Walzer #SerpentineVentures #VentureCapital #Correntics