Participated · Series A · Aug 2026

Aurelius Systems develops AI-powered sensing and robotic directed-energy platforms, with its flagship product called Archimedes. The company positions its systems to autonomously acquire, detect, track, and neutralize aerial threats at scale and with speed and economics suited to modern operations. Recent validations and partnerships include integration with American Rheinmetall, C2 interoperability demonstrated at Operation Jailbreak, and platform validation at T-REX 26-2. Aurelius is investing in manufacturing, production readiness, and vertical integration to reduce supply chain risk and improve component availability. The company raised $40 million in a Series A to accelerate technical development, scale production, broaden offerings, and expand into new markets. Aurelius is based in San Francisco and currently has 19 employees, with plans to grow to more than 40 by the end of 2026.

Participated · Seed · Jun 2026

Applied Atomics is building an AI-defined alternating multimode propulsion system intended to enable a new class of space mobility and logistics. The company’s flagship concept is the Star Reacher Network, an in-space mobility architecture meant to treat movement and logistics as a network rather than single-vehicle missions. Applied Atomics says its multimode power processing unit (PPU) has been delivered and integrated for an upcoming on-orbit demonstration mission, which was announced at the UK Parliament and is en route to orbit. The founding team pairs technical expertise—Theo Saunders’ plasma physics research at Queen Mary University of London and Ashley Modeste Johnson’s aerospace engineering background—with commercial experience from John Auburn, who helped scale Astroscale in the UK. Applied Atomics announced an oversubscribed $4M pre-seed round led by Oxford Science Enterprises and supported by a mix of venture and strategic backers. The company highlights partnerships and advisory relationships with industry and institutional programs including NATO DIANA, Airbus, Thales Alenia Space, Seraphim Space Accelerator, ESA BIC UK, the UK Space Agency accelerator, and NVIDIA Inception as it advances toward deploying its demo and scaling the Star Reacher network.

Led · Series A · Dec 2025

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.

Participated · Equity · Nov 2025

Orion offers an AI-driven platform that transforms unstructured, location-based data into predictive risk scores within a half-mile radius of any asset. Its STAN (Spatiotemporal Adaptive Network) framework converts subjective signals into explainable, quantitative confidence scores, enabling teams to anticipate protests, natural disasters, geopolitical shocks, and supply-chain disruptions days in advance. The system delivers per-asset pricing of roughly $1,000 per year—far below legacy solutions that can exceed $100,000 per site—making broad network coverage affordable for enterprises of all sizes. Current customers include several Fortune 500 logistics and cloud-infrastructure operators, with one global client achieving 20× cost savings compared with traditional intelligence platforms. Orion’s engineers hail from NYU, MIT, Oxford, and Cambridge, and the company was founded in New York and is headquartered in Denver. With new capital, management plans to expand deployments across global supply chains and defense networks while enhancing its adaptive AI models. Although revenue figures were not disclosed, the firm cites industry losses of $420 billion annually as its addressable market and positions its usage-based pricing as a competitive advantage.

Participated · Seed · Oct 2025

TERN’s patented Independently Derived Positioning System (IDPS™) is a software-only, AI-driven solution that delivers precise navigation without relying on satellites. By interpreting real-time map and sensor data, IDPS maintains accuracy in tunnels, dense urban canyons, remote terrain, and contested environments where GNSS/GPS signals falter. The system integrates seamlessly into OEM platforms, commercial fleets, and defense systems, enhancing turn-by-turn navigation, boosting ADAS performance, and safeguarding autonomous vehicles from a single point of failure. IDPS has been validated by the U.S. Department of Transportation and in live trials with automotive manufacturers and delivery fleets across multiple continents. TERN is currently progressing in the U.S. Army’s xTechOverwatch competition, highlighting demand for resilient navigation in national security settings. The company plans to scale into automotive, delivery, emergency response, environmental services, and defense markets using proceeds from its recent $7.5 million seed extension. Founded by former special-operations navigation experts and AI pioneers, TERN aims to establish a new industry standard for reliable positioning technology.