Fundraise

MUST Visibility lands €500K FFG grant alongside Austrian deep-tech investors

What's the deal? Must VisibilityDealroom has a profile for this one. Try Dealroom → FlexCo, a Graz-based deep-tech startup, has closed a financing round with participation from Techsoft InvestDealroom has a profile for this one. Try Dealroom →, Markus Brillinger, and ConfirmoDealroom has a profile for this one. Try Dealroom →. The round also included a €500,000 grant from the FFGDealroom has a profile for this one. Try Dealroom →, Austria's federal research funding agency.

Must Visibility is a spin-off of Pro2FutureDealroom has a profile for this one. Try Dealroom →, developing AI software for real-time spindle data analysis in machine tools. Austrian law firm E+H advised the company on the deal, with a team led by partner Steve Jeitler and associate Florian Vidreis.

Why now? Industrial AI — particularly software that monitors and optimises manufacturing equipment in real time — is drawing increased investor interest as factories push to cut downtime and boost efficiency. The FFG grant signals institutional confidence in the startup's technology.

What could go wrong? Deep-tech spinoffs face a long road from lab to commercial scale. Must Visibility will need to prove its AI software works reliably across diverse machine-tool environments and win over manufacturers that tend to be conservative adopters of new technology.

The signal: Must Visibility sits at the intersection of two high-demand areas — real-time AI defect detection and industrial manufacturing optimisation — and is classified as an early-growth company on Dealroom, suggesting it has moved beyond pure R&D. The involvement of Techsoft Invest, an investment fund with an industrial focus, alongside public FFG funding points to a dual validation model increasingly common in Austrian deep tech, where grant capital de-risks the bet for private backers.

Read more: CEE Legal Matters

More top stories