WaVe-X is the independent venture builder and corporate venture capital arm of Walter Group AG, an Austrian logistics company. It invests in early-stage startups across logistics, mobility, proptech, and construction tech, with tickets starting at EUR 200,000.
38% of their portfolio is in Robotics & Automation. Average disclosed round size is $86.6M (across 6 rounds with reported amounts).
Portfolio
9
Fund Size
—
Top Stage
Series B
Last 12 Mo
3
Team
ML
Michał Lewandowski
VC Investor
RG
Richard Garaj
Venture Capital Investor
Portfolio Breakdown
Stage Distribution
Sector Distribution
Investment Activity
DealsAvg Round Size
Portfolio
13 investments
| Company | Round | Amount | Date |
|---|---|---|---|
 HappyRobot | Series C | $150M | Aug 2026 |
| HHappyrobot Inc | Series C | $150M | Aug 2026 |
 Dexory | Series C | — | Oct 2025 |
 Riiico | Seed | — | Jun 2025 |
| Dexory | Series B | — | Oct 2024 |
 CyberSmart | Series B | $80M | Oct 2024 |
 ev.energy | Series B | $80M | Oct 2024 |
| DDodona | Series A | — | Jul 2024 |
| HappyRobot | Series A | $15.6M | Jan 2024 |
 truckoo | Unknown | — | Jan 2024 |
| DDodona | Seed | — | Jan 2023 |
 Dodona Analytics | Series A | — | — |
| HappyRobot | Series B | $44M | — |
Top Co-Investors
Lakestar4 shared
Atomico4 shared
Y Combinator4 shared
Bootstrap Europe3 shared
Eurazeo3 shared
Base10 Partners3 shared
Latitude2 shared
Flashpoint2 shared
Prysm Capital2 shared
Orange Ventures2 shared
Koch Disruptive Technologies2 shared
Kfund2 shared
Deutsche Telekom2 shared
Plug and Play Tech Center2 shared
Earlybird Venture Capital1 shared
Volvo Cars Tech Fund1 shared
Pi Labs1 shared
seed + speed Ventures1 shared
Capnamic Ventures1 shared
Last updated: 20 October 2026