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The Austrian Research Promotion Agency (FFG), VC Fund

The Austrian Research Promotion Agency (FFG)

VC Fund

Vienna, Austria

The Austrian Research Promotion Agency (FFG) is a VC fund in Vienna focused on Software and Artificial Intelligence. The Austrian Research Promotion Agency (FFG) is the national funding agency for industrial research and development in Austria. As a "one-stop shop" offering a diversified and targeted programme portfolio, the FFG gives Austrian businesses and research facilities quick and uncomplicated access to research funding.The FFG was foundedon 1 September 2004 (pursuant to the FFG Act on establishing a research promotion agency, Federal Law Gazette I No. 73/2004). The FFG is wholly owned by the Republic of Austria, represented by the Federal Ministry for Transport, Innovation and Technology (bmvit) and the Federal Ministry of Science, Research and Economy (BMWFW). As a provider of funding services, however, the FFG also works for other national and international institutions.

Total investments:
75
Last investment:
Lead investor:
29%

Last updated:

Industries The Austrian Research Promotion Agency (FFG) invests in

SoftwareArtificial IntelligenceMedicalHealth CareBiotechnology

Stages The Austrian Research Promotion Agency (FFG) invests in

GrantSeedPre-SeedAngelSeries A

Countries The Austrian Research Promotion Agency (FFG) invests in

AustriaUnited StatesBelgiumPhilippines

Round sizes

Seed $745k–$2.8MGrant $67k–$2.5MPre-Seed $480k–$1.9M

Contacts

NameEmailPhoneSocials

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Round size

Seed
$745k–$2.8M
Grant
$67k–$2.5M
Pre-Seed
$480k–$1.9M

Investment Focus

Industry

  • Software 15 (20%)
  • Artificial Intelligence 11 (15%)
  • Medical 8 (11%)
  • Health Care 8 (11%)
  • Biotechnology 8 (11%)
See all 111 industries →

Stage

  • Grant 36 (48%)
  • Seed 13 (17%)
  • Pre-Seed 9 (12%)
  • Angel 2 (3%)
  • Series A 2 (3%)
See all 7 stages →

Country

  • Austria 53 (71%)
  • United States 2 (3%)
  • Belgium 1 (1%)
  • Philippines 1 (1%)

Team

NameTitleInvestmentsLinksEmail
Angelo Nuzzo
Angelo Nuzzo Program Manager
Program Manager Total investments: 0
Find email
Iraklis Agiovlasitis
Iraklis Agiovlasitis Coordinator
Coordinator Total investments: 0
Find email
Matthias Grabner
Matthias Grabner National Cybersecurity Coordination Center (NCC-AT)
National Cybersecurity Coordination Center (NCC-AT) Total investments: 0
Find email
Teresa Pflügl
Teresa Pflügl Program Manager
Program Manager Total investments: 0
Find email

Investments

CompanyDescriptionRoundLinks
Epitome Therapeutics is an early-stage biotechnology company developing CADENCE, a next-generation epigenome editing platform for precise, durable, and context-dependent control of gene expression without altering the underlying DNA sequence, with the aim of establishing a new therapeutic modality for diseases driven by dysregulated gene activity. $2.3M / Grant / Jun 30, 2026
Graph is a precision immunology techbio that leverages perturbation modeling from primary patient cell samples combined with multi-omics data to deliver transformative targeted therapies and biomarkers for immune-driven diseases. Graph believes that due to an incomplete understanding of complex immune-mediated diseases, millions of people are leftwithout adequate treatment options - and AI trained with complex disease data can solve this. Grant / Jun 22, 2026
Another Earth is building an AI-powered simulation and synthetic data platform for Earth Observation. As our planet changes, AI models need scalable, high-quality training data to keep pace. Another Earth provides synthetic data, scenario simulations and predictions required to accelerate AI development, and enable faster, smarterdecision-making—enabling smarter decisions for a more resilient world. $4M / Seed / Mar 11, 2026
Refinq develops a nature risk management platform that combines biodiversity and ecosystem data with physical climate risk scenarios. $356.7K / Grant / Feb 10, 2026
Sequestra is developing a technology platform that allows for permanent binding of CO₂ in industrial residues such as steel slag, incineration ash, and demolition waste while making the carbonated materials usable for construction applications. $2.2M / Grant / Nov 04, 2025
Chatlyn is a software development company that specializes in automating client communication processes like inquiry handling and targeting. Grant / Jun 25, 2025
Another Earth is building an AI-powered simulation and synthetic data platform for Earth Observation. As our planet changes, AI models need scalable, high-quality training data to keep pace. Another Earth provides synthetic data, scenario simulations and predictions required to accelerate AI development, and enable faster, smarterdecision-making—enabling smarter decisions for a more resilient world. $1.1M / Pre-Seed / Jun 01, 2025
Cycuria Therapeutics develops novel biologics targeting both tumour cells and tumour stem cells, while preserving healthy new blood cells. Grant / Apr 28, 2025
Synaps is the internet's fastest architectural design platform!Inspired by transformative platforms like Figma and Miro, we envisioned a new era for architects—a world where simplicity and collaboration is at the epicenter of the design process.With Synaps, users can draft plans, collaborate in real time and share their designs with aglobal community of architects. $1.5M / Pre-Seed / Feb 05, 2025
SOMAREALITY enable cognitive insights outside the laboratory. They specialize in developing eye tracking-based digital biomarkers, revolutionizing the way we understand and monitor cognitive processes in real time. $2.8M / Seed / Oct 15, 2024
See all 75 investments →

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FAQ

What does The Austrian Research Promotion Agency (FFG) invest in?

The Austrian Research Promotion Agency (FFG) invests primarily in Software, Artificial Intelligence and Medical startups, most often at Grant and Seed stage. Most of the 75 investments tracked by Shizune back companies in Austria. The Investment Focus section breaks down every industry, stage and country in the portfolio.

What round sizes does The Austrian Research Promotion Agency (FFG) invest in?

The Austrian Research Promotion Agency (FFG) typically joins rounds of $745k–$2.8M at Seed, $67k–$2.5M at Grant and $480k–$1.9M at Pre-Seed. These are whole funding-round sizes, not The Austrian Research Promotion Agency (FFG)'s own check, which is rarely disclosed: the 10th–90th percentile of the confirmed public funding rounds The Austrian Research Promotion Agency (FFG) took part in.

How do I contact The Austrian Research Promotion Agency (FFG)?

Public channels for The Austrian Research Promotion Agency (FFG) include LinkedIn and the website linked on this profile. 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 The Austrian Research Promotion Agency (FFG)?

The team at The Austrian Research Promotion Agency (FFG) includes Angelo Nuzzo (Program Manager), Iraklis Agiovlasitis (Coordinator) and Matthias Grabner (National Cybersecurity Coordination Center (NCC-AT)). 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 Oct 2026 and is updated monthly. Spotted something off? Use the “Suggest an edit” link near the top of the page.

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