Black Pearls VC

Industries: The Black Pearls VC fund primarily supports companies in the Life Quality Technologies sector that work on improving the quality and efficiency of healthcare, business, and transportation & logistics.

Origin and activities: Black Pearls VC started its activities in 2008. The company aims to support the most promising Polish entrepreneurs with ambitions to develop their businesses on the global market. The value of assets under management is nearly 25 million PLN. Black Pearls VC uses the experience of the management team, which consists of entrepreneurs, managers, and investors, to help portfolio companies commercialize their technologies and conquer new markets. A significant part of the company's potential is its extensive network of academic and business contacts, which gives the fund access to high-quality innovation and research projects, and enables it to support portfolio companies in obtaining expert support and subsequent rounds of financing.

At what stage must the project be: the fund invests at the pre-seed and seed stage.

Investment amount: up to PLN 3 million

Examples of investments: so far, within the framework of 3 funds, Black Pearls VC has incubated and invested in 34 companies at a very early (pre-seed) and early (seed) stage of development

1. Piktorex  – the company is working on a solution to the problem of incorrect medication dosage (the so-called compliance problem), which is the cause of many complications and increases the cost of patient treatment. The aim of the Piktorex project is to introduce medicoleps – graphic information placed on medicines to simplify and increase the effectiveness of communication regarding the most important rules of their use.

2. Plurimum – the company has created a polycarbonate security seal equipped with a barcode or radio frequency identification (RFiD) system This product, co-created by a PhD student at the Warsaw University of Technology, enables the automated reading of the registration number of secured items. Thanks to the technologies used, the seal is very resistant to destruction, which creates an extremely strong potential for the implementation of the product in industry The solution is of interest to the medical, transportation and logistics, energy, fuel and defense industries. The innovation commercialized by the company has enormous implementation potential in state-owned companies.

3. Rehabilitatus – the company creates a solution for improving the quality of human life in the area of mobility and rehabilitation of people with upper limb injuries based on an IT system supporting post-traumatic telerehabilitation. The system allows for precise and personalized exercise programming by a specialist, which will enable the remote supervision and automatic control of the exercises performed by the patient at home. Ultimately, the system will enable continuous control over the rehabilitation process and intervention, especially for home exercises.

4. Parkanizer – a solution for intelligent parking space management in urban agglomerations and public facilities The system is designed to facilitate the search for parking spaces, save time, reduce infrastructure costs, as well as increase the capacity and profitability of parking lots. The versatility of Parkanizer allows the solution to be used in “smart cities”, which will significantly improve urban traffic and reduce environmental pollution in city centers.

5. Voicelab.AI – the company creates a voice-based active biometrics system for customer verification and identification in call center systems, mobile applications and portable devices. The technology is addressed, among others, to the banking and financial sector, and it also has the potential to be used in B2C products. The solution is also commercialized in the Polish justice system, where the solution is tasked with biometric reading and data accuracy verification.

6. Rebel Module Eco – the company is implementing a project concerning the development of technology used to introduce innovative and economical solutions in the field of modular social housing. The basis of the project is the technology of building production and the development of new materials that will allow for the construction of buildings characterized by low maintenance costs and high energy efficiency. The project is a response to the growing demand on the European market for quick-to-assemble, ready-to-use facilities characterized by high quality, low maintenance costs, and a range of amenities for the elderly and disabled.

7. Quantum Lab – the company has created a globally pioneering tool for behavioral analysis of sales network customers or advertising recipients in order to examine their emotions related to the marketing message or the level of customer service. The project is based on algorithms developed in the fields of computer vision, artificial intelligence and psychology, which enable, among other things, the analysis of facial images in terms of the occurring facial expressions.

8. Inpharmica - the company is implementing a project aimed at preparing documentation for the registration of a new complex painkiller based on the active substance Tramadol and Magnesium.

9. Brick Biometry – the company has created “BRicK – Biometric Registration Kit”, a modular computer device with advanced biometric systems for local population registration and issuing identity documents.