Participated · Series E · May 2026

Astranis designs, manufactures, and operates satellites for geostationary and other high orbits to deliver dedicated, secure communications networks to large enterprises, sovereign governments, and the U.S. military. The company reports five satellites on orbit and a commercial backlog in excess of $1 billion. Astranis has been selected as a prime contractor for initial phases of multiple U.S. Department of Defense Programs of Record, including PTS-G, Resilient GPS, and Andromeda. It employs roughly 500 engineers and operates out of a 153,000 sq. ft. headquarters in Northern California. The company is scaling manufacturing capacity to accelerate satellite production and meet rising demand from commercial and government customers.

Participated · Series D · Mar 2026

Saronic designs, builds, and produces a family of autonomous surface vessels ranging from the 24-foot Corsair to the 180-foot Marauder, and develops AI-driven maritime capabilities. The company emphasizes an autonomy-first design approach combined with modern manufacturing and is scaling production through existing facilities in Louisiana and Texas as well as a next-generation Port Alpha shipyard. Saronic reported headcount surpassing 1,300, completed its inaugural 180-foot Marauder hull in under six months, and secured a $392 million production contract with the U.S. Navy. In 2025 it raised a $600 million Series C at a $4.0 billion valuation and subsequently expanded operations—committing $300 million to a 300,000 sq. ft. shipyard expansion expected to create 1,500 jobs and enlarging its Austin headquarters and new hubs in San Diego and Washington, D.C. The company also launched operations in the U.K. and Australia as it scales toward large‑scale shipbuilding and production.

Participated · Series C · Feb 2026

Founded in 2016, Skyryse is an El Segundo, California–based aviation automation company focused on SkyOS, a flight control operating system that replaces dozens of traditional gauges and switches with touchscreen-based automation. The system handles take-off, landing, hover, and engine-out emergencies, while still keeping a pilot in the loop, thereby enhancing safety and reducing pilot workload. Skyryse has already integrated SkyOS into platforms ranging from civilian helicopters to U.S. military Black Hawk helicopters and has inked integration contracts with United Rotorcraft, Air Methods, and Mitsubishi Corporation. The company is nearing the final stages of FAA certification after receiving final design approval for its flight control computers. New funding will accelerate SkyOS deployment across additional aircraft types and support the remaining certification testing. Including the latest round, Skyryse has secured more than $605 million in equity financing and now carries a $1.15 billion valuation.

Participated · Series E · Oct 2025

Crusoe Energy Systems develops and operates vertically integrated, energy-sourced data centers optimized for artificial-intelligence computing. Its flagship offering, Crusoe Cloud, provides high-performance GPU resources to customers such as Cursor, Decart, Fireworks, Odyssey and Together AI. The company combines rapid energy sourcing, proprietary data-center design, and a managed AI cloud platform to deliver lower-cost and lower-emission compute. To expand service breadth, Crusoe recently acquired Atero, a GPU management and memory-optimization firm, accelerating its managed AI services roadmap. Geographic expansion is underway: the firm is adding capacity in Norway and Iceland and has opened offices in Dublin, Sunnyvale, and Tel Aviv. Major build-outs include a 1.2-gigawatt data-center campus in Abilene, Texas, and a newly announced 1.8-gigawatt campus in Wyoming, with additional multi-gigawatt sites planned across the U.S. Following its latest financing, the company’s valuation is expected to exceed $10 billion, underscoring strong investor confidence in its growth trajectory.

Participated · Series B · Oct 2024

Founded in 2023 by former GitHub executive Jason Warner and entrepreneur Eiso Kant, Poolside operates between the United States and Paris with a core product that automates software development for government and defence customers. The startup’s larger ambition is to create AI technology capable of executing a wide spectrum of tasks beyond current industry capabilities. Poolside has rapidly gained attention due to its aggressive technical roadmap and seasoned leadership team. To support its compute-intensive workloads, the company has partnered with CoreWeave to build Project Horizon, a West Texas data centre expected to reach 2 GW of capacity. Part of the incoming capital will be earmarked for Nvidia’s GB300 chips, underscoring the tight alignment between the two companies. Poolside’s valuation has surged to $12 billion, quadrupling from $3 billion the previous year. Existing investors have already supplied roughly $700 million, positioning the firm for accelerated growth once the latest round closes.