Participated · Seed · Feb 2025

Kapta Space is a Seattle-based developer of advanced spaceborne electronically-steered radar imaging systems, founded in 2023 by Milton Perque and Adam Bily. Its core product is a metasurface-based electronically-steered antenna radar array intended to offer more capable, scalable, and cost-effective performance than spaceborne AESAs. Kapta plans to deliver persistent geospatial imagery and ground-target-tracking modalities from LEO using SAR and related techniques such as InSAR and GMTI to serve commercial earth-observation and defense customers. The company says its InSAR capability can produce centimeter-scale 3D deformation maps and that a modest constellation of around 10 satellites could enable rapid-revisit, practical 3D infrastructure monitoring. Kapta will use the new funding to accelerate on-orbit demonstrations and intends to continue pursuing non-dilutive funding while leveraging security clearances to pursue classified defense contracts. Financially, Kapta announced a $5 million seed round and previously received a $1.8M Direct to Phase II SBIR award to build its electronically-steered antennas.

Participated · Seed · Nov 2024

Founded in 2023 in Rhode Island by maritime practitioners and defense engineers, Vatn Systems is building scalable fleets of autonomous underwater vehicles for the U.S. military, allied governments, and civilian customers. Its flagship platforms, the Skelmir S6 and Skelmir S12, combine a plug-and-play payload architecture with INStinct, the company’s proprietary inertial navigation system that provides GPS-denied guidance at a fraction of traditional costs. The vehicles support distributed sensing, ISR, mine countermeasures, electronic warfare, and other emerging undersea missions, and can be re-configured for offshore energy, port security, and environmental monitoring in days rather than months. Throughout 2025 the company delivered AUVs to U.S. government customers, ran successful open-water demonstrations, and ramped production capacity to meet growing demand. Vatn positions itself as a future “underwater defense prime” by offering attritable, mass-deployable systems that align with shifting naval doctrines. Commercially, the same low-cost autonomy unlocks persistent coastal infrastructure monitoring and scientific research opportunities. The recent capital infusion is intended to accelerate production scaling and broaden mission profiles for both defense and civilian markets.

Led · Seed · Aug 2024

Fair develops vehicle breakdown protection service plans that provide comprehensive coverage for mechanical, powertrain, and electronic component failures, including roadside assistance and reputable repairs. Its vehicle service plans cover replacement parts and systems and apply a flat $100 deductible for covered repairs. Led by CEO William Betteridge, the company operates a technology-driven platform for administering and scaling those service plans. Fair intends to use new funding to further develop its technology and expand its market presence. The company reports a pipeline representing over $8 million in potential annual recurring revenue. Fair is USA-based.

Participated · Seed · Oct 2023

Arogga operates an app-based online pharmacy and health platform in Bangladesh, offering delivery of genuine, affordable medicines and healthcare products. The app lists over 32,000 medicines from more than 500 manufacturers and serves over 600,000 users. Features include prescription upload, medicine comparison, family profiles, rewards and discounts, referral credits, a request-medicine function, and chat-based customer support. The company is positioning the app as a comprehensive health solutions platform and aims to become a holistic health super app offering lab testing and doctor consultations. Arogga plans to launch a home lab testing service in November and to increase penetration in Dhaka while opening hubs in two other major cities by Q2 2024. The startup has raised capital to support regional expansion, product development, and operations. Arogga operates a digital health platform focused on door‑to‑door medicine delivery across Bangladesh, aiming to improve access to affordable, genuine pharmaceuticals. The company emphasizes combating counterfeit drugs, which the article notes affect over 20% of medicines in Bangladeshi pharmacies. Arogga was selected for and funded through Hyper’s Season 2022 program, gaining access to a four‑week founder curriculum and Hyper’s partner network. With this raise, the company plans to bolster its technology, product, and operational teams to grow and scale its service. The article highlights a large addressable market: Bangladesh’s pharmaceutical sector is estimated at $3.5 billion and projected to reach $6 billion by 2025. Co‑founders quoted in the article include CEO Rosina Mazumder and CTO Shamim Hasan, who framed the fundraise as a step toward nationwide impact. Arogga operates a tech-enabled medicine delivery service that offers genuine medication directly from manufacturers and delivers to consumers' doorsteps. Since launching in December 2020, the company has seen strong traction with a reported 60% average month-on-month growth. Operational metrics cited include over 70,000 app downloads, more than 30,000 medicines delivered, and a 4.9 user rating. Arogga won the Tech in Asia Pitch Competition in March, which attracted investment from Singapore-based angel investors. The team says it will use new funds to expand its tech talent and scale operations to build further verticals. Leadership emphasizes using technology to improve healthcare access across Bangladesh.

Participated · Seed · May 2023

Marble is a NYC-based platform that provides a one-hub, digital wallet for members to shop, compare, optimize, and earn rewards on automotive, home, renters, pet, life, and other personal insurance. Members are insured by the nation’s largest insurance agencies and can link multiple policies in one place. The company has launched features including Rate Watch, Automated Shopping, and Apple Wallet integration. Marble plans to use new funding to expand its engineering and marketing teams and to invest in deeper user research practices. Using that expanded team and new insights, Marble intends to double-down on launching more features unique to the insurance space. The company was founded in 2020 and has raised $6.7M in funding to date. Marble is a NYC-based digital wallet and loyalty platform that lets customers manage all of their personal insurance details and payments in one hub. The platform enables users to earn rewards on their insurance, which can be redeemed in various ways including toward premium payments. The company is led by founder & CEO Stuart Winchester. Marble was in beta at the time of reporting and planned to open its platform to any U.S. personal policy holder in March 2021. Financially, Marble raised $2.5M in seed funding. Backers include IA Capital Group, MS&AD Ventures, Reciprocal Ventures, Fintech Ventures Fund, The Takoma Group and HU Investments.