Top 50 Photography Angel Investors in Europe (June 2026)

Portfolio highlights

• Paebbl — The modular technology from Paebbl may be included in any carbon capture system and is industrially scalable. As a result, Paebbl provides a raw material stream that is carbon-negative, radically altering the economics of preventing carbon from entering our environment.
• Polywork — Launch an AI-powered personal website to showcase your work, grow your personal brand, or start your side hustle.
• Founders Pledge — Home | Founders Pledge

Portfolio highlights

• Kamedi — Kamedi is going to provide users a device for the hyperthermic treatment of irritated skin after insect bites, the heat_it.
• GotPhoto — fotograf.de/GotPhoto provides photographers a SaaS system for selling photos online.
• HQS Quantum Simulations — HQS Quantum Simulations is developing quantum algorithms to predict molecular properties for performance materials, specialty chemicals and pharmaceutical companies.The development of specialty chemicals, performance materials, agrochemicals and pharmaceuticals is an iterative, time-consuming and often very expensive process: Designing productsbased on functional molecules, formulations or solid-state compounds requires many – often hundreds – subsequent synthesis, formulation and testing steps to yield the desired specifications. Simulations are a powerful tool to decrease the time-to-market and decrease cost for R&D and product development cycles, but can’t be used in an efficient way in many cases or is simply not advanced enough to tackle certain problems. Shifting from conventional to quantum computers promises to overcome these hurdles, but is not yet available for the chemical and pharmaceutical industry.

Portfolio highlights

• Reposito — Reposito is develops smart phone applications for digitization, storage, and on-line management of receipts.
• MoBerries — MoBerries is a network that connects companies and professionals. MoBerries mission is to revolutionize the old fashioned recruitment processes, offering networking software with a unique real-time matching algorithm, tailored to both professionals as well as partners.The system enables employers to expand their reach when sourcing high-qualitycandidate leads for their job openings without wasting precious time and resources. The added value for professionals is that MoBerries provides them qualified leads for potentially matching positions.
• GotPhoto — fotograf.de/GotPhoto provides photographers a SaaS system for selling photos online.

Portfolio highlights

• baCta — We produce high-quality, carbon negative natural rubber from engineered microorganisms and renewable feedstocks.
• Candix — Candix connects ambitious engineers with startups gaining serious momentum.
• Veeton — Veeton is an all-in-one AI platform to create, manage, and scale stunning, photorealistic fashion visuals. Perfect for brands, e-commerce, and creative teams looking to streamline photoshoots, cut costs, and launch collections faster.

Portfolio highlights

• ABSORA —
• Arctis AI — Arctis AI develops an AI platform to manage building contracts. It transforms difficult papers into useful insights for project teams.
• Holy Technologies —

Portfolio highlights

• BIYU — Transform your business with our modular rental and subscription platform. Proven expertise in warehouse management, asset tracking, and circular economy solutions.
• Agora Awards — AGORA images is the market of images without intermediaries where you can make money with your photos.
• Modelmanagement.com — Model Management connects new faces and models with scouts, international modeling agencies and model photographers.

Portfolio highlights

• Twine — Build a more diverse team of freelancers to beat your competition. Hire vetted freelancers from Twine's global network to help you scale your business.
• Lifecake — Canon Europe, leading provider of digital cameras, digital SLR cameras, inkjet printers & professional printers for business and home users.
• Socialite —

Portfolio highlights

• itravel — itravel allows leisure travelers to configure and book experiences, hotels, and transportation on tablets, the web, and in social media. itravel offers the client tools to select and “build” custom trips based on desired experiences (such as kitesurfing, elephant rides, special spa treatments), specific room configurations, and personalpreferences. itravel’s app interfaces allow these selections to happen effortlessly and with appealing content.
• Unicorn Workspaces — Unicorn offers work solutions for teams of all sizes with flexible terms and independent of high market rental prices. It is a fast-growing shared office provider, with 21 workspaces in Berlin, Potsdam, Cologne, Munich, Hamburg, and LisbonTheir vision of “Workspace as a Service” is reflected in their all-inclusive offer, and support fromcommunity baristas. They combine their coffee expertise and community manager knowledge to provide seamless work experience. With their friendly attitude and eagerness to help, members and visitors will receive good advice and assistance.Each of their workspaces is equipped with a modern café, where they offer organic direct trade coffee and hot beverages for all of their members and guests. They also offer a small selection of cold drinks, salads, and desserts. The café functions as a central meeting point for their community.
• CODE University of Applied Sciences — CODE is a Berlin-based state-accredited university of applied sciences that offers bachelor’s degree programs in the field of Digital Product Development.

Portfolio highlights

• Picfair — A new standard for online images. Upload your pics, name your price - an open-to-all image licensing marketplace. Picfair has thousands of images uploaded by photographers in 44 countries around the world, all available to license within a few clicks.
• Console — A free weekly devtools newsletter. Reviews of the most interesting devtools and latest beta releases.

Portfolio highlights

• iovox — Tracking and analytics for phone calls and voice. Generate more leads and optimize your marketing ROI by designing the right solution for your business.
• Navmii — Easily add maps, search and navigation to your mobile and web applications using our developer-friendly navigation and mapping SDKs & APIs
• Togethera — We're bringing the world’s families closer together by providing a private, simple place to share, that’s easily accessible by grandparents and children, on phones, tablets and computers.

Portfolio highlights

• handly — handly is becoming the leading company in the Service Tech industry. We enable people to create their ideal living environment, while empowering home service companies to build their business and saving time for a quality life.
• Teech Education — Teech Education is a platform for schools to enable digital teaching.
• Startup Insider — Startup Insider is an industry portal for the startup scene in Germany, Austria and Switzerland helping them grow.

Portfolio highlights

• Luko — Luko is an insurance company that provides a device that focuses on home security and reduces electricity bills. It features an AI-powered sensor designed for monitoring and preventing home accidents. Luko aims to move insurance from a claims-based model to prevention with its proprietary technology.The company was founded in 2016 andheadquartered in Paris, France.
• Airly — Air Quality Monitor provides local data about air quality in your city. This allows you to understand the risks and take actions. Meet Airly!
• Peptone — We are the first in class pre-clinical translational biophysics company focusing on the discovery of novel therapeutics against intrinsically disordered targets.

Portfolio highlights

• Digime — A new way to power apps with your personal data privately and securely.
• Mitoo Sports — The platform for the world's sports. > Players, Parents, Friends, Teams, Clubs, Leagues > Governing Bodies, Brands
• DAD Technology Limited — DAD is software which provides a simple, secure way to organize your digital stuff, making it easy to use across all applications, and to link and extend that data. It also provides a 100% private sharing capability with family and friends. Organize once, use wherever, forever. Once installed on your computer DAD works feverishly behind the scenesto create a super index of your files, making hidden information about these files (often referred to as metadata) available for you to utilise. Using the DAD application you can enrich and organise your files with personal tags, comments and rules. Using DAD Secure Share you can even share your files privately with your friends and family across the web. If you have more than one computer in your home DAD can, if so asked, identify all your holiday photos stored on each computer and ensure these are all kept together to make a perfect family holiday album. All done automagically, without you having to waste a single second on organising.

Portfolio highlights

• TipTop — TipTop is a crypto startup.
• Revel — Revel is a community where women build meaningful connections, accelerate personal growth, and have candid conversations with the support of like-minded women.
• Wander — Never book a bad vacation home again. Every Wander comes with hotel-grade amenities, inspiring views, pristine cleaning and 24/7 concierge service.

Portfolio highlights

• Darabase — Darabase is a unique platform enabling the creation, management and monetisation of location-based digital content in the real world and virtual metaverses.
• MV.Health — MysteryVibe offers the most advanced & award winning smart sex toys for men, women & couples that elevates their sexual health and wellbeing.
• Unlock — Unlock is a video-based platform packed with unique experiences your team will love.

Portfolio highlights

• Lulu — Situs resmi Raja99 penyedia daftar dan login link alternatif resmi, Raja99 situs slot online resmi dengan ragam permainan yang dapat dinikmati dan meninggkatkan peluang kemenangan.
• Togethera — We're bringing the world’s families closer together by providing a private, simple place to share, that’s easily accessible by grandparents and children, on phones, tablets and computers.

Portfolio highlights

• Kasaz — Buying and selling properties in Spain is a daunting task. Low-quality listings, inaccurate location and painful visits-scheduling combined with dated portals makes for a bad user experience.Kasaz' one-stop real-estate portal reduces time to purchase by connecting buyers and sellers in a platform where the quality of the experience is key.The company was founded by Sebastien Marion, a serial entrepreneur who sold his previous startup Comufy to king.com.
• DRAAGU — Draagu create value with images untapped in smartphone. Doing so we simplify the traditional image stock selling process and solve one of the A.I industry bottleneck ; creating image data set.Our Free mobile App onboard A.I running on device. The App analyse image content and quality and notify users when it detect one of their image can sell(for communication or A.I training purposes) because it matches a client need. - No prior image selection, and upload needed : everything is automatic. - Privacy is guaranteed by design : the whole process is done on-device and image become visible only when the user decide to sell.Companies have access to fresh, unpublished images. They can create image libraries on-demand, even from their own employees or clients in a closed community.Draagu is unique because: 1/ effortless process : sign-in, and you are done! No image edition, upload or tagging needed > our App notify when you can sell. That allow us to - serve cheaper images (0,5-1€) as user do not have to "work" to sell - retrieve 600 images by users against 20-30 on average by our competitors (faster growth) 2/ privacy guaranteed by design : the whole A.I image analysis is done on device only. Image become visible and leave the phone only when user decide to sell 3/ our images are available on-demand from our users smartphones : we store 1% only of the image we can sell : low cost structure 4/ Clients can buy images an Engage with image makers (that can be their employees and clients) as they are directly in touch, contrary to other platforms 5/ fake free : clients are guaranteed the image they received match their criteria (content, location, time, author) as the App allow only to submit such images 6/ we serve exclusive, unpublished images.
• Fetch Delivery — With Fetch, you can get free gift cards simply for shopping, snapping all your receipts and playing games on your phone! Try our rewards app today.

Portfolio highlights

• Mapillary — Street-level imagery, powered by collaboration and computer vision.

Portfolio highlights

• Enlaps — Discover Enlaps' 6K timelapse cameras with 4G/WiFi connectivity and solar power. Perfect for construction, events, and research. Enhance project monitoring and marketing. Made in France.
• Nature Coatings — Nature Coatings is a biochemicals company harnessing waste materials to create bio-based, safe, and renewable products.
• Carbice Corporation — Carbice is the first no-compromise thermal interface material. It achieves all the advantages of both solid and liquid thermal interface materials without any of the pitfalls.

Portfolio highlights

• Calm — Relax with Calm, a simple mindfulness meditation app that brings clarity and peace of mind into your life
• Togethera — We're bringing the world’s families closer together by providing a private, simple place to share, that’s easily accessible by grandparents and children, on phones, tablets and computers.
• Share Practice — Share Practice helps doctors identify and understand the most effective clinical treatments based on the success of other doctors.

Portfolio highlights

• Formlabs — Formlabs is the largest supplier of professional stereolithography (SLA) and selective laser sintering (SLS) 3D printers in the world.
• GIROPTIC — OpenFrame empowers real estate agents to easily create beautiful video tours in minutes using an elegant app and a unique 360 camera.
• HCVC — HCVC is an early-stage Venture Capital firm backing hardtech companies worldwide. Beyond its fund, HCVC supports hardtech founders through Hardware Club, a selective global community of 500+ startups with dedicated resources, partnerships and events.

Portfolio highlights

• Sorare — Global Fantasy Football. Collect limited edition digital collectibles, Manage your team and earn prizes!
• Agora Awards — AGORA images is the market of images without intermediaries where you can make money with your photos.
• Supernova — Supernova (formerly Viddy) is a simple way for anyone to capture, beautify, and share amazing videos with the world. Capture key moments of your life, instantly produce it into a beautiful video, and share it with those who matter most. We've imagined a better way to experience mobile videos:+ Instantly create visually stunning clips usingour cinematic production packs.+ One-click sharing to the social web, including Facebook, Twitter and YouTube.+ Meaningful feedback from those who matter most -- friends, family and more.+ Realtime video discovery and exploration from a vibrant community.+ An endless source of creativity, inspiration and personal expression.

Portfolio highlights

• Bet4Fun — Bet4Fun is the new Competitive Mobile Gaming App allowing players to challenge each other and earn rewards by instantly playing against other players or their friends around the world, in 1v1 or in Tournaments, for Free or in Real Money, on a variety of partner games, in intense matches !
• Courtigo — Courtigo is a CRM and comparator software for insurance brokers (SaaS)
• uvoji by T.zic — uvoji designs, develops, manufactures and markets all-in-one solutions for the treatment and disinfection of water at points of use and of surfaces by UV LEDs.To meet the major challenges of access to drinking water and provide technological solutions to the urgent needs of point-of-use water treatment, we launched the Oji Safe, Oji Pure and OjiReuse products. Our solutions are used notably by the French Red Cross for its operations.In response to the Covid pandemic, we developed the Uvo Care. Uvo Care is the disinfection box, Made in France, for all types of masks and everyday objects. The essential ally for resuming your professional activities in complete safety. It has been tested and approved by independent laboratories and kills over 99.999% of viruses and bacteria in just seconds (including SARS-COV2 virus).

Portfolio highlights

• Lifecake — Canon Europe, leading provider of digital cameras, digital SLR cameras, inkjet printers & professional printers for business and home users.
• Socialite —

Portfolio highlights

• Lingoda — Learn a new language effectively with our online language courses! English, German, French and Spanish online, in live video group & private classes.
• TrueHome — TrueHome is a Mexican real estate company that aims to improve the real estate services in the country by providing the best selling experience for homeowners and taking care of the process from end to end. They offer their clients transparent processes about procedures and details that can be confusing, boring, and long. Their legal advisorsensure that the process is in order from documents and paperwork, to the contract and the credit process.TrueHome was founded in 2017 by Raúl Villarreal and is headquartered in Mexico City.
• Flash Coffee — Flash Coffee is a tech-enabled coffee chain that customers use their app to order and pay online, choosing to pick up orders from one of the Flash Coffee’s storefronts or order for delivery through major platforms in each market. Flash Coffee was founded in 2019 and is headquartered in Singapore.

Portfolio highlights

• Unite — We started Unite because we saw a problem.Two problems, in fact. A problem faced by marketplace sellers like you, who see high- quality traffic on your pages but have no way of retargeting shoppers who don’t end up purchasing, leaving potential sales on the table. And a problem faced by the marketplaces where you sell, which win by helping youdrive sales but aren’t equipped to offer you the sorts of online advertising tools like retargeting pixels, audience creation, and campaign management platforms that big brands have been using for years.That’s where we come in. Understanding these constraints and sharing the frustration faced by both sellers and marketplaces over lost revenue and lost customers, we created the perfect platform to put the industry’s most powerful advertising technology capabilities in the hands of people like you, building them into the marketplaces where you already sell. The result? Higher traffic and higher conversion rates. In other words, higher sales.Today, thousands of sellers across the Internet are using Unite to advertise like a big brand and drive sales. It’s time to join them.
• SlamBall — SlamBall is a global sports league association. It was founded in 1999 and is headquartered in Los Angeles, California.
• Metalink — Metalink is a private chat app that provides NFT collection. They also offer the punk owners to find and chat with other verified holders by simply connecting their wallet.

Portfolio highlights

• Picfair — A new standard for online images. Upload your pics, name your price - an open-to-all image licensing marketplace. Picfair has thousands of images uploaded by photographers in 44 countries around the world, all available to license within a few clicks.
• NextUp — Stream incredible stand-up comedy. Watch over 80 exclusive shows (and counting) from great names you'll know with loads for you to discover. All with a 30 day free trial and no contract. 'The Netflix of UK Stand-Up' - Engadget.

Portfolio highlights

• Minbox — All of Minbox is real-time, including comments. Engage others in conversation on a file or in a project. Or click on an image to leave an annotation. Simply type the @ symbol and a menu will appear to mention any of your team members. Draw their attention to something specific anywhere in the app.
• Foap AB — We help brands scale their visual content efforts with a diverse community of 3 million photographers & videographers from all over the world to increase the RO

Portfolio highlights

• Outlyer — Outlyer is a self-service infrastructure monitoring platform made for DevOps and microservices. We monitor your full stack—from servers and cloud providers to databases, containers and custom metrics. We give you dashboards, analytics and alerts that are easy to set up and customize for both developer and operations teams.Outlyer is monitoring,done differently.
• StrikeAd — StrikeAd Fusion, a proprietary technology platform for agencies and advertisers to plan, execute, and evaluate their mobile advertisements. It is created to answer the ever growing need of media planning and buying agencies to manage their mobile campaigns effectively through a single platform. The company's platform is not a bolt on to anexisting DSP but a mobile-specific platform in its own right, a single console through which agencies can plan, execute and evaluate hundreds of mobile campaigns, minute-by-minute, on a global basis.
• Togethera — We're bringing the world’s families closer together by providing a private, simple place to share, that’s easily accessible by grandparents and children, on phones, tablets and computers.

Portfolio highlights

• Videoo — Videoo is a smart video player and plug-n-play enterprise platform (SaaS) built for publishers to better engage audiences through interactive storytelling that results in higher monetization.
• Foap AB — We help brands scale their visual content efforts with a diverse community of 3 million photographers & videographers from all over the world to increase the RO

Portfolio highlights

• Loopcam — How can Armenia take advantage of the artificial intelligence craze with startups and companies with its .am ccTLD? "AI I AM "
• Narrative — Clip 2 is the world's most wearable camera.
• RetentionGrid — Two thumbs up - I recently switched to WPX Hosting and recommend their speed, service and security - they do know what they are talking about when it comes to WordPress hosting.

Portfolio highlights

• Fein — Fein is a female-led studio developing casual games for women.
• Aggero — Turn every piece of video content into actionable insights for your next campaign
• Dead Astronauts — Dead Astronauts reinvents open-world game experiences with technical innovation at the core of the company and PLAYER CREATIVITY at the core of the games we make.

Portfolio highlights

• KSTING — A digital booking platform for fashion professionals.
• Mantle — Welcome to MANTLE - Scandinavian professional skincare elevated by cannabis.

Portfolio highlights

• dottxt — Structured generation libraries for developers and AI teams. Build reliable LLM-driven applications with schema-compliant, predictable outputs.
• Ankar AI — Your AI Operating System for Patents
• altrove AI — Altrove - Sustainable Alternatives to Critical Materials

Portfolio highlights

• GroupCam — GroupCam is the first of its kind camera sharing app. We share cameras to avoid the sharing hassle.
• Billy App —
• Betterbooqr —

Portfolio highlights

• fynk — Create, edit, negotiate and sign contracts quickly with fynk. Give your team back valuable time. Test it now for free!
• l1r1 — Developing heylara.de the first Conversation Business Automation (CBA) solution
• Chatlyn — Automated, AI-enhancend guest engagement, where your clients are most comfortable.

Portfolio highlights

• ZeKju — ZeKju provides Messenger Communication for Supply Chains. Leading shippers and logistics service providers rely on ZeKju for efficient transport execution, yard communication and fleet management. With ZeKju, drivers use their favorite messenger (e.g. WhatsApp or Telegram) for everyday tasks while benefiting from features such as auto-translation.
• Paper — Paper is an digital canvas designed to help designers create and organize their work.
• Anything — Anything is your AI agent for turning ideas into apps. Build sites, apps, tools, products and more just by describing what you want

Portfolio highlights

• Lottie — Lottie's mission is to change the way young kids experience technology and to bring peace of mind to parents, by building a magical experience that the whole family can love.
• Weflow — All-in-one workspace to manage your Salesforce pipeline, notes & to-dos. Designed for sales teams who like to move with speed.
• Stockeld Dreamery — We set off with a first vision: to create a cheese that is superior in taste and nutrition, constantly striving to use our planet’s resources wisely, accessible to all yet one of the top preferred cheeses by chefs and restaurants. Simply put, the world’s most ambitious cheese.

Portfolio highlights

• Lovely Day Foods — We harness the power of plants and cutting-edge technology to crack the egg.
• Buddywise — Gain control of your safety risks and empower your EHS teams to be truly data-driven. Use existing cameras to gather data, eliminate risks and react in real-time.
• Nomos — Nomos operates as an energy tech company.

Portfolio highlights

• DragonflAI — Phone-Based AI Moderation Moderate user-uploaded images and videos before they leave mobile devices and reach the internet. Keep your platform and servers free from indecent or illegal content.
• Handl — Handl is an online platform for vehicle & fleet servicing.
• My Probate Partner — Simplify the probate process in Scotland with expert support. Join our free webinar and book a consultation today.

Portfolio highlights

• Unosecur — Unosecur is a cloud security platform that helps organizations detect, quantify, remediate and centrally manage identity and access risks across multi-clouds at all times.
• Mello — Looking to cut logistics costs? Mello empowers your business to harness the power of invoice data, automating workflows and uncovering actionable insights to help you save more. Schedule your demo today!
• Sirius — Sirius is an online music platform. They offer digital space for music teaching with sound and data protection, enabling musicians to create their virtual music classrooms. An online inquiry form is available on the company's website.

Portfolio highlights

• Motorway — With so many ways to sell your car, it can be overwhelming. At Motorway, we’re focused on building the best way. Our vision is to build a better car market for everyone.Transparent and straightforward in all that we do, our smart technology matches our customers’ cars with a nationwide network of verified dealers.This enables those dealers tobuy vehicles direct from private sellers using our fully-online sales platform, with hundreds of cars successfully sold every day.Reducing time and effort on all sides, we help everyone get the right deal quickly. It all, just, works.In our first 4 years, we've helped over 2.5 million car owners value and sell their car. We've grown by over 100% year-on-year and the journey's just begun.
• Otta — Only matches tailored to your preferences. Only the most exciting, innovative and fast-moving companies.
• Console — A free weekly devtools newsletter. Reviews of the most interesting devtools and latest beta releases.

Portfolio highlights

• The Dots — Professional networking for the new world of work. Get advice. Meet collaborators. Find jobs. Upskill at events.
• Nova Credit — Nova Credit is a credit infrastructure and analytics company that enables businesses to grow responsibly by harnessing alternative credit data.
• Platform Science — Experience the power to choose what drives your fleet. Platform Science delivers telematics and fleet management tools on a platform built for transportation.

Portfolio highlights

• Rescale — Rescale is a high performance computing cloud simulation platform that helps engineers and scientists build, compute, analyze, and scale simulations with high performance computing and automations.
• Perplexity — Perplexity is a search engine platform that uses artificial intelligence to provide large language models and search engines. The company's platform enables the development of beneficial artificial general intelligence, as well as an open-source environment that is accessible to the public, allowing clients to develop skills and knowledge inartificial intelligence.
• Physical Intelligence — Physical Intelligence is bringing general-purpose AI into the physical world.

Portfolio highlights

• Clue — Track your menstrual cycle with Clue, the #1 doctor-recommended free period tracker app built in collaboration with top health researchers.
• Helu.io — Helu.io is a startup company that provides easy access to their financial data.
• RetentionGrid — Two thumbs up - I recently switched to WPX Hosting and recommend their speed, service and security - they do know what they are talking about when it comes to WordPress hosting.

Portfolio highlights

• Lifecake — Canon Europe, leading provider of digital cameras, digital SLR cameras, inkjet printers & professional printers for business and home users.

Portfolio highlights

• 5Mins — 5Mins is the new microlearning platform that helps your employees build in-demand skills fast with AI-powered personalisation and advanced gamification.
• Layla AI — Layla operates as a travel discovery platform.
• Civic Marketplace — Civic Marketplace is a platform that simplifies purchasing decisions, helps agencies make efficient, informed choices, and boosts local economic growth by providing access and opportunities to historically underutilized businesses.

Portfolio highlights

• Langdock — Meet Langdock. Start with a GDPR-compliant daily chat companion for your employees. Then deploy more advanced AI use cases like Assistants and Workflows. All in one easily extendable platform.
• socialbnb — Explore sustainable travel with socialbnb. Book sustainable accommodations, hotels, b&bs, experiences and trips that support local communities. Travel with social impact. Discover now!
• Teech Education — Teech Education is a platform for schools to enable digital teaching.

Portfolio highlights

• Tiggy — 15 minute grocery delivery on a mission to forever change the way we buy everyday essentials. Now live in Vancouver
• Lumaly — Lumaly is a browser extension that automatically tries out and uses all available voucher codes in the cart when shopping online.
• June Homes — June Homes is a network of fully furnished bedrooms in prime spots available on flexible month-to-month terms in major American cities.

Portfolio highlights

• Flimmer — Flimmer has created a platform that allows viewers to watch the latest trailer from Cinema, DVD & Blu-Ray and Video On Demand and reward them for their attention with movie tickets, or DVD/Video on Demand Coupons. At the end of the trailer, viewers will be asked a question about the content.- If the answer is correct, they will getcredited with up to 10 cents.