Led · Equity · Feb 2025

HealthBio develops proprietary diagnostics and a therapeutic solution that use data analytics, machine learning and AI to identify biomarkers and treat vascular inflammation. The company’s therapeutic protocol pairs maraviroc (Selzentry) and atorvastatin (Lipitor) and is covered by USPTO patent #11,180,491b2 for CCR5 antagonists to treat Long COVID. HealthBio is commercial stage and reports having treated more than 12,000 patients with the maraviroc/atorvastatin protocol since 2020. The company is pre-registering patients for a 32-week, 252-patient, randomized, double-blind, placebo-controlled, multicenter Phase III trial set to begin in March 2025 to support an NDA via the FDA Fast-Track 505(b)(2) pathway. Management says the initial $10M financing led by Boomerang Catapult will help fund the trial, scale operations and enable future FDA trials in other indications such as Chronic Lyme. HealthBio positions its approach as a cost-effective, short treatment cycle intended to address the molecular drivers of chronic inflammatory symptoms like fatigue, dysautonomia, and cognitive impairment.

Participated · Equity · Sep 2024

ATLAS Space Operations offers Ground Station as a Service (GaaS) and Ground Software as a Service (GSaaS) through its proprietary Freedom® software, enabling unified access to a federated network of antennas. The company operates over 50 antennas across more than 34 ground stations and supports LEO, MEO, and GEO orbits for commercial, civil, and defense customers. Freedom® software centralizes antenna networks, automates communications, enables dynamic scheduling, and provides near real-time troubleshooting and rapid onboarding. ATLAS reports a 100% contract renewal rate, underscoring heavy customer reliance on its ground infrastructure. Founded in 2015, the company moved its headquarters to Traverse City, Michigan in 2017 and maintains an office in Colorado Springs, Colorado. Management cites plans to use new capital to meet rising industry demand and to execute U.S. and EMEA expansion strategies. ATLAS Space Operations provides Ground Software as a Service (G-SaaS) through its Freedom™ software platform and a global antenna network to integrate disparate ground station networks for government and commercial clients. The company positions its Freedom™ solution as an industry-disruptive software layer that federates networks and maximizes ground-station value. ATLAS plans to accelerate international growth and expand its team to deliver enterprise-level G-SaaS for commercial customers and the DoD Hybrid Space Architecture. The company intends to increase market share in the private sector while supporting government requirements. ATLAS has been recognized by the World Teleport Association as one of the top three fastest-growing teleport operators worldwide for the past two years and was named the 15th fastest-growing software company in 2020 by Inc. 5000. Its mission statement is to connect humanity through space by combining software and a global antenna network.

Participated · Series A · Aug 2019

Orbion Space Technology focuses on building plasma thrusters that provide in-space propulsion for satellites, especially the rapidly growing population of small spacecraft in low-Earth orbit. The company emphasizes a manufacturing approach that significantly lowers production costs, making high-performance propulsion more accessible to resource-constrained satellite operators. Its technology addresses the increasing need for reliable maneuvering solutions as orbital traffic intensifies. Orbion’s plasma thrusters enable satellites to maintain position, avoid collisions, and extend mission lifetimes. By reducing both component and overall mission costs, Orbion positions itself as a key supplier in the booming commercial space sector. The firm recently secured fresh capital to accelerate its growth and meet rising market demand.

Participated · Equity · Aug 2017

GeoTix provides a ticketing SaaS that generates non-advertising revenue for media companies by powering local event discovery through to ticket purchase. Its platform is specifically designed for local and regional media companies seeking to grow their digital portfolio and non-advertising income. The product helps publishers connect with their audiences, leverage existing content, increase website traffic, build brand, and foster community relationships. Customers include media companies in Cleveland, Detroit, Jacksonville, Louisville, Minneapolis, Omaha and New York. GeoTix was founded in 2015 and is led by CEO Deb Fellows. The company closed a $1M financing and said it will use the proceeds to drive marketing and sales efforts.

Participated · Equity · Jul 2017

Naveego is a Traverse City, MI-based provider of cloud-based data quality and master data management (MDM) solutions. Its cloud platform connects to disparate data sources across an organization and proactively detects problems to eliminate data quality issues and deliver meaningful insights for mission-critical decisions. The company serves customers in the oil & gas, manufacturing, and telecommunications industries. Leadership includes Derek Smith (co‑founder and CEO), Mike Dominick (Chief Product Officer & VP of Partner Success), and Sean Cavanaugh (Director of Sales). Naveego will use the newly raised funds to continue product innovation and pursue global expansion.