• Valar Atomics

  Participated · Equity · Aug 2026

  Valar Atomics is developing advanced nuclear reactors intended for scalable deployment and is pursuing clusters of small reactors—sometimes called "gigasites"—to serve high-demand users such as data centers and manufacturing. Founded in 2023 and based in California, the company is also exploring applications beyond grid electricity, including producing synthetic fuels and supplying industrial heat. Its technology and commercial approach target energy-intensive industries and the growing electricity needs driven by AI infrastructure. Financially, Valar recently raised approximately $450 million (about $340 million equity and $110 million debt) at a reported $2 billion valuation, following a prior $130 million raise in 2025. The company is backed by defense-tech investors including Palmer Luckey and Shyam Sankar.

• Shield AI

  Participated · Series G · Mar 2026

  Founded in 2015, Shield AI develops autonomy software (Hivemind) and unmanned aircraft platforms such as V-BAT and X-BAT. Hivemind has piloted 26 classes of vehicles, including F-16s, jet-powered UAVs, helicopters, drone boats, and ground vehicles, and was selected by the U.S. Air Force as a mission autonomy provider for Collaborative Combat Aircraft (CCA). Shield AI is actively conducting flight tests of Hivemind onboard the Anduril YFQ-44A CCA. The company operates offices and facilities across the U.S., Europe, the Middle East, and Asia-Pacific and supports operations worldwide. Financially, Shield AI completed a $2.0 billion financing package at a $12.7 billion valuation tied in part to its planned acquisition of Aechelon, a high-fidelity simulation and synthetic reality company. The Aechelon acquisition is expected to close after regulatory approvals and will continue to operate independently while reporting into Shield AI’s leadership.

• Freeform

  Participated · Series B · Feb 2026

  Founded in 2018 by former SpaceX engineers Erik Palitsch and Thomas Ronacher, Freeform has built a proprietary metal additive-manufacturing system that fuses powdered metals with arrays of high-power lasers. Its current GoldenEye machine uses 18 lasers, while the forthcoming Skyfall platform will deploy hundreds of lasers to print thousands of kilograms of parts per day. The system is deeply integrated with real-time physics simulations and sensor feedback, leveraging on-premise Nvidia H200 GPU clusters to optimize every print layer and gather extensive process data. This AI-native approach is intended to raise throughput and part quality while lowering cost, enabling manufacturing-as-a-service for aerospace, defense and other mission-critical sectors. Although specific customers are undisclosed, the company says it is already shipping hundreds of certified parts and holds a sizable contract backlog. With fresh capital, Freeform plans to expand its facility, upgrade to Skyfall, and hire roughly 100 employees. PitchBook pegs the post-financing valuation at $179 million, though the company has not confirmed that figure.

No current team members are available.