Underline Ventures — Full Portfolio

Almetra (rebranded as Deltia) builds AI-powered analytics and monitoring systems for manufacturing operations, combining computer vision and sensor data to help factories identify bottlenecks and improve productivity.

Advanced ManufacturingAI & Machine LearningEnterprise SoftwareBerlin, DE

Max Fischer(Co-founder and CEO)in

Co-investorsCavalry VenturesRobin Capitalsandstorm.vcTranspose Platform ManagementBlisceCritical Ventures+2 more

Almetra builds AI for manufacturing by combining computer vision, sensor data, and manufacturing expertise to help industrial teams understand production processes, identify bottlenecks, and improve operations.

Advanced ManufacturingAI & Machine LearningEnterprise SoftwareRoboticsBerlin, DE

Co-investorsCritical VenturesLinden CapitalNAPBlisceMerantix CapitalRobin Capital

Logistics & Supply ChainSpace TechLondon, GB

Yuk Chi Chan(Founder)inyukun yin(Founder)in

Co-investors7percent VenturesActuate VenturesEvolution VenturesTechstars

Cluing offers a tool for collecting, highlighting, and organizing research content, including Kindle highlights, with collaboration and sharing features.

Future of WorkSaaS

Collabwriting is a collaboration tool for research that lets users highlight, save, and share web and Kindle content with others, including people without an account.

Future of WorkSaaS

Co-investorsCredo Ventures

Translates an existing design system into components and generates functional code and interactive prototypes to reduce manual work.

Genezio is an AI recommendation intelligence platform that tracks and optimizes how generative AI systems (ChatGPT, Google AI Overviews, Gemini, Perplexity, Claude) mention and recommend brands.

AI & Machine LearningMarketing TechSaaS

Andrei Pitis(Co-Founder & CEO)inBogdan Ripa(Co-Founder & CPO)inPaula Cionca(Co-Founder & CMO)inBogdan Vlad(Co-Founder & CTO)in

Videowise provides an AI-powered centralized library for managing and organizing videos, UGC, and creative assets with automated tagging, search, and rights management.

AI & Machine LearningCreator EconomyE-commerceMarketing TechSaaSSocial

Co-investorsMu Ventures

Bucharest, RO

Vasile Țiple(Founder)

Co-investorsCredo Ventures

Creates mixed-reality games with a focus on game mechanics for the growing mixed-reality market.

Nestor provides HR teams and managers with software to catalog, evaluate, and assign employees based on their skills, using AI to match workers to internal roles, projects, and upskilling opportunities aligned with business needs.

Enterprise SoftwareHR TechSaaSSan Francisco, US

Bogdan Apostol(Founder/CEO)inRaluca Apostol(Founder/CPO)in

Co-investorsEleven VenturesY Combinator

SaleSqueze provides a CPQ tool that lets customers of outdoor living businesses configure products in 3D and receive instant quotes, replacing manual quoting.

SaaSSales Tech

Co-investorsRobin CapitalFortech Investments

AgTech company offering a machine learning cultivation management and data analytics platform for greenhouses.

Sera develops an AI-powered knowledge management system that captures lead growers' expertise, standard operating procedures, and site-specific protocols into an interactive knowledge base for commercial greenhouse operations.

AgTechAI & Machine LearningData & InfrastructureEnterprise SoftwareIoTZürich, CH

Sergio Rannula(Founder)inCristian Anastasiu(Founder)inWilliam McGehee(Founder)in

Co-investorsCavalry VenturesNAP

Trickest offers a platform for security testing built around composable, reproducible workflows, where each workflow is represented as a graph of trusted, largely open-source tools.

AI & Machine LearningCybersecurityDeveloper ToolsSaaS

Co-investorsMoonfire VenturesCredo Ventures

Turneo provides an experience management system for hotels to build, sell, and manage bookable activities and tours across their properties, supporting both in-house offerings and third-party partner experiences from a unified platform.

AI & Machine LearningB2B MarketplacesE-commerceSaaSTravel & HospitalityLondon, GB

Matija Marijan(Founder)in

Co-investorsBessemer Venture PartnersSilicon Gardens

Uvionix builds robotics and AI systems with real-time analytics to automate warehouse inventory tracking, replacing manual counts with accurate shelf-level data.

AI & Machine LearningLogistics & Supply ChainRobotics

Co-investorsRobin CapitalLAUNCHub Ventures

Veridion builds a continuously updated data graph of global companies, tracking what businesses exist, what they do, and how they change over time.

AI & Machine LearningData & InfrastructureEnterprise SoftwareSaaS

Mihai Vinaga(Founder)inFlorin Tufan(Founder)in

Co-investorsDay One CapitalOTB VenturesLAUNCHub Ventures

End-to-end video infrastructure for brands and retailers built for scale and commerce performance.