Participated · Equity · Aug 2026

Databricks operates a cloud data platform and AI products, with its core cloud data warehouse generating $1.5 billion of its annualized run-rate revenue and growing 100% year-over-year. The company reported a $7 billion annualized run-rate revenue figure while growing at roughly 80% and being cash-flow positive. Databricks launched Lakebase in June 2025, which has reached a $100 million revenue run-rate, and its AI chatbot tool Genie is described as highly popular. The company maintains a roughly 100-person AI research team and faces multi-billion-dollar cloud commitments with major hyperscalers. Databricks has been active on the M&A front, acquiring companies including Electric (PGlite) and AI cybersecurity firm Panther, and it says it plans to continue investing in AI and acquisitions while remaining open to a future IPO.

Participated · Series G · Aug 2026

Whatnot is a live commerce marketplace launched in 2019 that connects buyers and sellers through live-streamed auctions and sales. The platform has expanded from a collectibles focus into hundreds of categories, including trading cards, designer goods and fresh food. Whatnot has crossed one billion orders on its platform and has grown significantly since its Series C in 2021. The company has raised about $1.5 billion in total funding to date, culminating in the $545 million Series G that values it at $20 billion. Whatnot has faced scrutiny over gambling-like spending on the platform and says it bans raffles and lotteries and enforces seller controls. Company leadership has discussed careful management of valuation and signaled a preference to remain private as long as practical while preparing for the possibility of an eventual IPO.

Participated · Series D · Jul 2026

Quantum Systems develops an interoperable family of unmanned platforms across air, land, and sea domains unified by its MOSAIC UXS tactical software command ecosystem. The company operates as a deep-tech defense prime and has deepened strategic industrial collaboration with Airbus Defence and Space. It reports having achieved double-digit profitability alongside triple-digit revenue growth and has expanded its global corporate production footprint across Germany, Ukraine, the United States, Australia, Romania, the United Kingdom, and the Baltics. Led by co-CEOs Florian Seibel and Sven Kruck, the company is investing in scaling physical manufacturing and software R&D. The Series D financing will support expansion of manufacturing capacity, bolster supply chain resilience, and accelerate its software roadmap.

Participated · Series F · May 2026

Stord provides a vertically integrated commerce stack combining fulfillment network operations, software, and applied AI to help independent brands deliver faster, more reliable consumer experiences. The company operates nearly 100 fulfillment facilities, serves over 1,000 customers, and processes more than $15 billion in annual GMV. Stord has grown rapidly—approximately 10x revenue over the past four years—and reports its software business tripled in 2025 with new bookings more than doubling quarter over quarter in Q1 2026. The company employs over 4,000 people with more than 200 dedicated to software engineering, product, data science, and physical infrastructure, and has completed eight acquisitions. Stord is investing the proceeds of its Series F to deepen its work on physical intelligence, launching Stord Labs to develop and validate agentic AI, robotics, and advanced automation on live operational data before scaling those innovations across its network.

Participated · Series E · May 2026

Founded in 2016, Multiverse began as a provider of digital apprenticeships and has expanded into enterprise AI training and workforce reskilling. The company has pursued strategic partnerships with firms such as Palantir and Databricks and acquired Berlin-based StackFuel to accelerate its presence in Germany. Multiverse says it aims to bridge the gap between AI companies and enterprises adopting AI by focusing on people and skills. It has raised around $570m in total capital and recently secured a £70m round that valued it at $2.1bn. Operationally, Multiverse reported widening losses for the year ending 2025 (from £60.3m to £63.3m) and reduced headcount slightly from 822 to 813, while recording its first cash-positive quarter in Jan–Mar 2026. The company plans to use the new funding to expand across Europe and deepen its enterprise AI training offerings.