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East Innovate

VC Firm·London, UK·Starmaker One targeting £100m-£150m (incl. £20m UK govt cornerstone, 2025)

Founded in 2021 as East Innovate and now operating as East X Ventures, this London-based venture capital firm is the investment arm of East X, a quantitative systematic research and investment company active in global commodity markets. The firm backs early-stage, science-led companies using technology and AI to transform energy, commodities, and supply chains. It serves as an Innovate UK Investor Partner and manages Starmaker One, Europe's first fusion-focused VC fund, supported by a £20m UK government cornerstone investment targeting £100m to £150m total.

Focus Areas

EnergyFusionElectrificationFuture CommoditiesEnergy EfficiencyCircular EconomySupply ChainsAIAdvanced Materials
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ToffeeX

3D Printing·Series A

ToffeeX is a London-based physics-driven generative design software company founded in 2019 by three Imperial College London researchers: Audrey Gaymann, Marco Pietropaoli (CEO), and Francesco Montomoli. The platform uses advanced physics simulations to automatically optimise complex thermal fluid components such as cold plates, heat exchangers, and heat sinks in hours rather than weeks, supporting additive manufacturing, machining, stamping, and chemical etching. ToffeeX has established traction with clients including Airbus, Rolls-Royce, EOS, Ricoh, GE, Toyota, Baker Hughes, Westinghouse, and the Fraunhofer Institute. The company raised £1M in seed funding from IQ Capital in 2020, followed by a £5M Series A in 2022 led by Presidio Ventures.