Participated · Series B · Sep 2022

Liquid Instruments develops software-defined test and measurement instrumentation that combines high-performance hardware with intelligent software to enable reconfigurable, customizable measurement solutions. Its platform consolidates multiple traditional instruments into a single system that users can configure and deploy, shortening development timelines from months to minutes according to the company. The company serves thousands of users worldwide, including top technology companies, research institutes, quantum startups, and defense primes. Liquid Instruments announced a $50 million Series C to accelerate product development, scale its AI-powered platform, and expand sales in aerospace, defense, and semiconductor markets. As part of the Series C, Keysight Technologies will also enter a commercial arrangement with Liquid Instruments to jointly advance AI-driven instrumentation. The announcement did not disclose a valuation or detailed prior funding history.

Participated · Series A · Mar 2015

Nexus eWater has developed a patented on-site water and energy recycler that captures and cleans household grey water for approved reuse and harvests heat from that grey water to heat fresh water. The system is available for both new homes and retrofits and is being positioned as an affordable, robust solution that reduces in-home water use by up to 40%, wastewater by 70%, and water-heating energy by 75%. Nexus projects an estimated U.S. market opportunity of about $15 billion annually for the product suite. Customers and pilots include new-home builders, water districts, cities, energy utilities and existing homeowners, with pilot projects and high-profile installations in California including work with KB Home’s Double ZeroHouse programs. The company is launching in drought-affected California and plans to use recent financing to complete the initial product roll-out across California and the U.S. The system was developed in Canberra, Australia by co-founders Andrew Hermann, Tom Wood and Craig Richmond and the company is described as a U.S.-Australian business.

Led · Seed · Sep 2014

Instaclustr is a Palo Alto–based provider of completely managed solutions for scalable open-source technologies. It offers an Open Source-as-a-Service platform that delivers hosted and managed big data technology solutions in their open-source form. Core technologies on the managed platform include Apache Cassandra, Apache Spark and Apache Kafka. The company positions its offering to give customers the data capabilities required to scale while avoiding vendor or technical lock-in. Instaclustr serves more than 100 customers across various industries and intends to use recent funding to accelerate expansion of its managed platform. Instaclustr delivers hosted and managed DataStax Enterprise and Apache Cassandra services for distributed database deployments. The company is based in San Mateo, California and Canberra, Australia and is led by CEO Doug Stuart. Apache Cassandra is described as an open source distributed database designed to handle large amounts of data across many commodity servers with features such as automated deployment, configuration, performance tuning, monitoring, backups and multi‑datacenter support. Instaclustr raised over $2m in seed funding to accelerate growth and extend product capability and features. The company plans to use the funds to hire new people and to establish a startup program aimed at complementing DataStax’s investment in new ventures. No other financial metrics or prior rounds are reported in the article.