# HBA Beteiligungs GmbH

> HBA Beteiligungs GmbH is a VC fund in Graz backing Software and FinTech. See 3 investments, check sizes, portfolio and contact details. Updated Aug 2026.

- Type: VC Fund
- Location: Graz, Austria
- Total investments: 3
- Last investment: May 2021
- Lead investor: 33%
- Last updated: Aug 2026

HBA Beteiligungs GmbH is a VC fund in Graz focused on Software and FinTech. HBA Beteiligungs GmbH

## Contacts

5 contacts available for HBA Beteiligungs GmbH. Shizune tracks 1 team members at HBA Beteiligungs GmbH. Sign up free to unlock them: https://app.shizune.co/sign-up/investor-profiles/find-team-emails/hba-beteiligungs?utm_source=investor_profile

## Round sizes

| Stage | Round size |
| --- | --- |
| Series A | $2.2M–$5.7M |

## Investment focus

### Industry

| Industry | Investments | Share |
| --- | --- | --- |
| Software | 2 | 67% |
| FinTech | 1 | 33% |
| Finance | 1 | 33% |
| Medical | 1 | 33% |
| Big Data | 1 | 33% |

14 industries tracked in total.

### Country

| Country | Investments | Share |
| --- | --- | --- |
| Austria | 2 | 67% |
| Switzerland | 1 | 33% |

## Team

| Name | Title | Investments | Profile |
| --- | --- | --- | --- |
| Bernhard Astner | CEO | 0 | https://shizune.co/investors/profile/bernhard-astner |

## Investments

| Company | Description | Amount | Stage | Date | Website |
| --- | --- | --- | --- | --- | --- |
| contextflow | contextflow revolutionizes the medical information search process with the help of deep learning: our 3D image-based search engine for radiologists looks for regions of interest within images (currently 18+ patterns in lung CTs); when a suspicious pattern is detected, we immediately find visually similar cases, descriptions and relevant referenceinformation, affording doctors easy access to knowledge currently hidden in large medical image data and their associated reports...all within seconds. No more paging through books, guessing the right keyword or consulting various text-based reference search engines. In addition, our software can be configured to allow for prioritization of cases where patterns of interest are detected.contextflow is a spin-off of the Medical University of Vienna (MUW), Technical University of Vienna (TU) and European research project KHRESMOI. Founded by a team of AI and engineering experts in July 2016, the company was awarded the distinction of Most Promising Startup by the BCS Search Industry, received the Digital Innovation Award by the Austrian Federal Ministry of Education, Science and Research and was selected as one of 19 startups out of over 700 applications to participate in the Philips HealthWorks accelerator program. It is currently testing its 3D image-based software with six partners, expanding internationally to other locations later this year. | $5.7M | Series A | May 17, 2021 |  |
| Avance Pay | Avance Pay is a fast growing Swiss high-tech company, specialized in innovative NFC-based payment and transaction solutions.Founded in 2011, Avance Pay is a privately held and independent company with headquarters in Bern, Switzerland. The management team has extensive experience in the field of electronic transactions & ticketing, NFC,RFID and high-tech entrepreneurship. Avance Pay is continuously building its IP portfolio. |  | Series A | Oct 01, 2012 |  |
| nxtControl | nxtControl offers software innovations based on standards, to improve the control and visualization of industrial processes. The basis of their products is the IEC 61499. In cooperation with their customer oriented developments, it introduces new possible solutions. | $2.2M | Series A | Oct 16, 2009 |  |

3 of 3 investments shown.

## Co-investors
- [APEX Ventures](https://shizune.co/investors/profile/apex-ventures-12df) — VC Fund, 1 deal together
- [APEX Ventures](https://shizune.co/investors/profile/apex-ventures-2) — VC Fund, 1 deal together
- [B&C Innovation Investments](https://shizune.co/investors/profile/b-c-innovation-investments) — VC Fund, 1 deal together
- [Crista Galli Ventures](https://shizune.co/investors/profile/crista-galli-ventures) — VC Fund, 1 deal together
- [xista science ventures](https://shizune.co/investors/profile/ist-cube) — VC Fund, 1 deal together
- [Nina Capital](https://shizune.co/investors/profile/nina-capital) — VC Fund, 1 deal together

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## FAQ

### What does HBA Beteiligungs GmbH invest in?

HBA Beteiligungs GmbH invests primarily in Software, FinTech and Finance startups, most often at Series A stage. Most of the 3 investments tracked by Shizune back companies in Austria. The Investment Focus section breaks down every industry, stage and country in the portfolio.

### What is HBA Beteiligungs GmbH's check size?

HBA Beteiligungs GmbH typically joins rounds of $2.2M–$5.7M at Series A. These ranges are 10th–90th percentile round sizes calculated from confirmed public funding rounds, so they are a realistic guide to the rounds HBA Beteiligungs GmbH participates in.

### How do I contact HBA Beteiligungs GmbH?

For a verified work email and phone number, create a free Shizune account — contact data is searched across 20+ sources and validated before delivery, so your outreach lands in the right inbox.

### Who are the partners at HBA Beteiligungs GmbH?

The team at HBA Beteiligungs GmbH includes Bernhard Astner (CEO). The Team section lists each member with their title, investment count and links.

### Is Shizune's investor data accurate?

Yes — every stat on this profile is calculated from confirmed public funding rounds monitored across hundreds of sources since 2020. This profile was last refreshed in Aug 2026 and is updated monthly. Spotted something off? Use the “Suggest an edit” link near the top of the page.

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