welcome to our may newsletter
- Matteo Emmanuello
- Jun 3
- 3 min read
May brought new launches from N26 and Relai, recognition for Proxima Fusion, Araris, and Tolremo, and events in Berlin and Zurich - plus much more across the redalpine portfolio. Read on for all of our news and highlights this month...
portfolio news
The latest updates from our portfolio, in no particular order:
N26 (RAC II) launched mobile plans in Germany through a new partnership with Vodafone, becoming the first digital bank in the country to do so. The offering, fully integrated into the N26 app, includes flexible tariffs for calls, texts, and data. Germany is the first stop for N26, with plans to expand to other European countries. Read more in Handelsblatt.
Araris Biotech (RAC IV) and TOLREMO therapeutics (RAC III) are both finalists in the 2025 Strüngmann Award, which honors life science founders in the DACH region translating scientific excellence into therapeutic innovation. With two of the three finalists from the redalpine portfolio, we’re proud to see both companies recognized for their groundbreaking work. Read more here.
Proxima Fusion (RAC VII) was awarded Newcomer of the Year at the 2025 German Startup Awards. The ceremony honoured standout contributions to the country’s startup ecosystem. Proxima was recognised for its work translating stellarator fusion research into commercial application, positioning the company as one of Europe’s most ambitious climate-tech ventures. Read more here.
redalpine at DTM 2025
Spotlight on Deep Tech Momentum 2025
In mid-May we joined founders, investors, and ecosystem leaders at Deep Tech Momentum in Berlin.
A few highlights from our time at the event:
Fireside Chat: Fusion – Building Europe’s Resilient Future Francesco Sciortino (Proxima Fusion) and Harald Nieder explored how fusion is moving towards commercial readiness. Thanks to Proxima's groundbreaking design, Germany is now leading the way in stellarator innovation.
Fireside Chat: Inside Dunia’s Self-Driving Lab
Alexander Hammer (Dunia) and Michael Sidler discussed how Dunia is solving the core bottlenecks in electrochemical discovery. In fact, their autonomous lab is already 100x faster than incumbent R\&D pipelines.
Pitch Competition Jury
Mira Kamp joined the jury for the Clean Energy & Circular Economy pitch track.
GP x LP Apéro
We hosted an evening reception that brought together GPs and LPs for meaningful conversations and a cocktail (or two!).
event highlights
AI meets Bio at redalpine
On May 20, we welcomed some of the brightest minds in biotech and AI to our Zurich office for an evening of deep tech exchange - co-hosted with Nucleate Switzerland and Bits in Bio. From AI-native protein design to personalized treatment platforms and multimodal cancer models, the talks sparked rich discussion and showcased life science innovation. It's the first in a series of events we'll host across our three offices - stay tuned for more!
what we're reading
Insights into DeepSeek-V3: Scaling Challenges and Reflections on Hardware for AI Architectures - DeepSeek-AI
Why it matters: Scaling large AI models is no longer just a software challenge - it's a hardware one. In a standout technical paper, DeepSeek-AI outlines how its latest model, DeepSeek-V3, tackles memory limits, compute bottlenecks, and network constraints through tight software-hardware co-design. With innovations like FP8 training, Multi-head Latent Attention, and a custom network topology, the paper offers a practical roadmap for more efficient, scalable AI systems. As model sizes surge, DeepSeek’s approach may set the new standard for building what’s next.
where we're going
On 2 June, Florian will attend Nucleate Demo Day in Zurich.
On 2-4 June, Oliver and Rafael will attend SuperVenture 2025 in Berlin. On the evening of the 3rd we're also co-hosting the second edition of the Connecting Deep Tech event.
On 4-5 June, our investor relations team will attend the PK Messe in Zurich, where Michael will present a keynote together with DeepTech Nation Switzerland.
On 5 June, Florian will join Nucleate The Forum in London.
On 5 June, Oliver and Harald will speak about the economic potential of AI at the Swiss Economic Forum in Interlaken.
On 11 June, Michael will speak on a panel at PE Insights Zurich.
On 16–19 June, Daniel will represent redalpine as a speaker at HLTH Europe in Amsterdam.