Participated · Convertible Note · Jan 2026

Aether Fuels is a clean-energy company commercializing Aether Auror™, a process that transforms industrial waste gas and biomethane into CORSIA-certified sustainable aviation fuel with more than 70 % greenhouse-gas reductions. Its flagship initiative, Project Beacon, is a 50 barrels-per-day (2,000 t per year) SAF plant being co-developed with Aster at the latter’s Bukom Island refinery in Singapore; engineering is underway, construction is slated for 2026, and commercial operations are targeted for 2028. The company is also planning to open a Singapore R&D center in 2026 to support ongoing technology scale-up. To bolster execution, Aether has added Stu Stott as Global Vice President of Projects and expanded its regional business development team. Including the latest round, Aether has raised more than US$60 million to date, funding pilot activities in the U.S. and the move from demonstration to commercial deployment. The new capital will accelerate Project Beacon and further maturation of its core technology.

Participated · Series C · Dec 2025

Founded in 2019 as an EPFL spin-out, Neural Concept offers an AI-first engineering platform that embeds geometry-aware, physics-based deep learning directly into computer-aided design (CAD) and simulation workflows. The software lets engineering teams explore millions of design options early, cutting late-stage redesigns by 30–50 %, shortening time-to-market by up to two years, and saving customers an estimated $50 million annually. Over the last 18 months, the company recorded a fourfold increase in enterprise revenue and now counts more than 50 global customers, including General Motors, GE Vernova, Renault Group, Safran and several Formula 1 teams. Near-term product plans include launching a generative CAD capability in early 2026 and deepening partnerships with Nvidia, Siemens, Ansys, Microsoft and AWS. The fresh capital will also fund global go-to-market expansion and reinforce Neural Concept’s position as the intelligence layer across engineering systems.

Participated · Series D · Jul 2024

LevelTen Energy operates a market-leading platform for clean energy transactions and environmental attribute certificate trading, facilitating power purchase agreements and related contracting. The company has helped facilitate more than 20 GW of clean energy transactions across more than 35 markets in North America and Europe on behalf of hyperscalers, commercial and industrial companies, and utilities. Headquartered in the United States, LevelTen positions itself as a marketplace connecting buyers, sellers and developers of renewable projects. Through the ABB strategic partnership and minority investment, LevelTen expects to expand its procurement capabilities and reach ABB's industrial and commercial customer base. The company's platform complements technologies such as battery energy storage systems, microgrids and advanced energy management solutions to support decarbonization and portfolio optimization. Financial terms of the recent investment were not disclosed.

Participated · Series A · Sep 2022

London-based Hadean began as a VR and video-game simulation startup and has since pivoted to defence and wider resilience technology, repurposing its large-scale multiplayer gaming engine for military wargaming, command-and-control and battlefield training. Its core platform now powers products such as domainAI for real-time live-combat decision-making and Sceptre, a ‘UK SME sovereign stack’ that links specialist suppliers for easier defence procurement. The company collaborates with major contractors, including a 2025 partnership with Palantir to supply simulation and AI tools to the UK armed forces, and is running a Cabinet Office project to model pandemic responses. Hadean is also engaged in a situational-awareness project for Ukrainian citizen soldiers and sees the U.S. defence market as its fastest-growing revenue source. Sources place the company’s valuation between $100 million and $200 million, and management is preparing for a roughly $100 million Series B later this year. Although specific revenue numbers were not disclosed, executives describe business as “booming,” buoyed by rising U.S. defence spending and recent procurement successes in the U.K.

Participated · Series A · Apr 2022

Warehousing1 operates a Europe-wide warehousing and fulfilment network, claiming over 850 locations and serving hundreds of active e-commerce customers. The company integrates various shop systems with warehouse management systems to digitalise the entire fulfilment process. Its core product is a digitally managed fulfilment solution that enables coordination across previously hard-to-control systems and system combinations. With recent funding, the company plans to invest heavily in its technology and product development. Management has stated a medium-term goal of transitioning to a largely SaaS-based business model to provide digitally managed fulfilment solutions to more brands. The startup positions itself to scale and disrupt logistics for e-commerce by improving digital fulfilment experiences and long-term customer satisfaction. Warehousing1 operates a cloud-based platform that lets companies find warehouse and distribution solutions across Europe and digitally manage and optimize logistics processes. The platform offers flexible, usage-based billing as an alternative to fixed leases or owning warehouses. Customers can set up variable sales locations billed depending on workload, allowing capacity to expand for seasonal fluctuations and pay only for space actually used. The Berlin startup was founded in 2018, employs more than 20 people, and has won 150+ customers including e-commerce startups and industrial and retail groups. After adding the cloud platform to its original offering the team multiplied its monthly turnover in a short time. The company says the new funding will be used to expand platform functionality further and to onboard larger customers.