Participated · Equity · Mar 2026

Volotea is a low-cost airline operating across European routes and carried 11.2 million passengers in 2025. The carrier reported strong operational metrics in 2025, with a 79% on-time performance rate and a 99.7% flight completion rate. Financially, Volotea completed a capital raise that brought in €71 million in March 2026 after an investment process that began in September 2024. Investors in the transaction include Aegean Airlines, which increased its stake, PAR Capital, and Alaeo representing management. The airline plans to use the new capital to expand its network, enhance operational efficiency, grow its fleet, and invest in greener technologies and sustainable aviation fuel options. These measures are intended to support Volotea’s sustainable growth and competitive position in the European low-cost travel market.

Participated · Seed · Apr 2023

IDPartner Systems is a San Francisco, CA-based marketplace for consumer-controlled digital identity. Its product adds a dynamic 'Continue with bank' button to sites and apps that connects users to their preferred verification partner from a network of providers. At launch the network provides coverage of more than 250 million people. The company collaborates with partners including OneID UK and Akoya to enable verification through banks and other financial service firms. Leadership is led by Rod Boothby, Trish Burgess, Elizabeth Garber, and Brenan Isabelle. The company plans to use the $3.1M seed to expand operations and broaden its business reach.

Participated · Seed · Nov 2022

Nucleo builds private, non-custodial, auditable multi-signature infrastructure on Ethereum using advanced multi-signature and zero-knowledge cryptography. The product targets organizations seeking privacy with auditability for on-chain treasuries, fundraising, and operations. Nucleo partners with privacy networks such as Aztec, Aleo, and Espresso Systems to encourage adoption and interoperability. The company plans integrations with existing organization tools including Juicebox and Gnosis and intends to develop private DeFi for organizations, multi-chain privacy, and broader tech-stack innovations. Nucleo launched with a team of over seven professionals and is hiring full-stack and security engineers. Its recent seed raise will fund team expansion and product development to support private multi-sig integration and new capabilities.