Our Investment in XRF: paving the way for AI and defense innovation

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We are excited to announce our investment in defense-tech and security company XRF. This €2.3 million funding round will accelerate XRF’s ambitious plan, enabling them to drive the development of extended reality and AI solutions for decision-making in complex scenarios.

Having known Gustavo, XRF’s founder, for years, we have consistently been impressed by his entrepreneurial vision, deep technical acumen, and his remarkable ability to surround himself with exceptional talent.  This latest chapter at XRF is no exception. His leadership has already led to significant early success, backed by a talented team and a promising pipeline of opportunities. We are proud to support them in this next phase of their journey as they continue to push the frontiers of innovation.

Positioned for growth in a thriving sector

With the European defense industry poised for unprecedented expansion in the coming years, there is a growing emphasis on enhancing domestic technological capabilities to reduce dependency on foreign suppliers. This trend presents a compelling opportunity for XRF, as well as for our fund, which sees enormous potential in the dual-use technologies sector. The ability to foster disruptive advancements in both civilian and military applications will be a game-changer in this evolving market landscape.

Barely two years into its journey, XRF has already established itself as a leader in developing distributed command and control centers for military operations, as well as for emergency response and public safety, including the protection of critical infrastructure. Their solutions offer an integrated platform that enhances situational awareness, identifies emerging threats, and anticipates risks, empowering decision-makers in real-time.

Breaking new ground

XRF’s core focus lies in the defense and security sector, where they provide cutting-edge tools for planning, simulation, and decision-making in military and civilian security operations. The company  has already made a significant impact, working with the Spanish Ministry of Defense and partnering with Telefónica on projects for the Army and Navy. Their innovative platform is revolutionizing operational effectiveness and military readiness by creating hyper-realistic training scenarios in virtual environments, dramatically reducing the reliance on traditional live exercises.

XRF has also been invited to participate in NATO exercises, including Valiant Lynx, and has been selected as a Top Ten Innovator at the Coalition Warrior Interoperability Exercise (CWIX), standing out among more than 500 projects.

Innovative solutions with XRF Defense

XRF’s Defense business line brings together a suite of powerful tools that redefine operational control and readiness:

  • XRF.SandBox: a comprehensive platform that consolidates data from multiple sources into a single interface
  • XRF.Field Companion: a mobile app that provides deployed units with real-time communication and situational awareness
  • XRF.Colossus: an immersive, giant touch-screen table designed to enhance command and control capabilities.

Also, at the heart of XRF’s technology is XRF.Hermes, an on-premises AI system that serves as the core engine for advanced data analysis. Hermes interprets scenarios, offers predictive insights, and generates recommendations in natural language, streamlining decision-making processes in mission-critical environments.

We are eager to continue supporting XRF as they break new ground in the defense industry, shaping the future of military and security technology.

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We are excited to announce our investment in defense-tech and security company XRF. This €2.3 million funding round will accelerate XRF’s ambitious plan, enabling them to drive the development of extended reality and AI solutions for decision-making in complex scenarios.

Having known Gustavo, XRF’s founder, for years, we have consistently been impressed by his entrepreneurial vision, deep technical acumen, and his remarkable ability to surround himself with exceptional talent.  This latest chapter at XRF is no exception. His leadership has already led to significant early success, backed by a talented team and a promising pipeline of opportunities. We are proud to support them in this next phase of their journey as they continue to push the frontiers of innovation.

Positioned for growth in a thriving sector

With the European defense industry poised for unprecedented expansion in the coming years, there is a growing emphasis on enhancing domestic technological capabilities to reduce dependency on foreign suppliers. This trend presents a compelling opportunity for XRF, as well as for our fund, which sees enormous potential in the dual-use technologies sector. The ability to foster disruptive advancements in both civilian and military applications will be a game-changer in this evolving market landscape.

Barely two years into its journey, XRF has already established itself as a leader in developing distributed command and control centers for military operations, as well as for emergency response and public safety, including the protection of critical infrastructure. Their solutions offer an integrated platform that enhances situational awareness, identifies emerging threats, and anticipates risks, empowering decision-makers in real-time.

Breaking new ground

XRF’s core focus lies in the defense and security sector, where they provide cutting-edge tools for planning, simulation, and decision-making in military and civilian security operations. The company  has already made a significant impact, working with the Spanish Ministry of Defense and partnering with Telefónica on projects for the Army and Navy. Their innovative platform is revolutionizing operational effectiveness and military readiness by creating hyper-realistic training scenarios in virtual environments, dramatically reducing the reliance on traditional live exercises.

XRF has also been invited to participate in NATO exercises, including Valiant Lynx, and has been selected as a Top Ten Innovator at the Coalition Warrior Interoperability Exercise (CWIX), standing out among more than 500 projects.

Innovative solutions with XRF Defense

XRF’s Defense business line brings together a suite of powerful tools that redefine operational control and readiness:

  • XRF.SandBox: a comprehensive platform that consolidates data from multiple sources into a single interface
  • XRF.Field Companion: a mobile app that provides deployed units with real-time communication and situational awareness
  • XRF.Colossus: an immersive, giant touch-screen table designed to enhance command and control capabilities.

Also, at the heart of XRF’s technology is XRF.Hermes, an on-premises AI system that serves as the core engine for advanced data analysis. Hermes interprets scenarios, offers predictive insights, and generates recommendations in natural language, streamlining decision-making processes in mission-critical environments.

We are eager to continue supporting XRF as they break new ground in the defense industry, shaping the future of military and security technology.