• SWISSto12

  Participated · Equity · Jan 2026

  SWISSto12 develops and manufactures satellite payloads and a compact geostationary platform called HummingSat, leveraging patented design and manufacturing technologies including 3D printing. Its HummingLink payload and antenna solutions have been deployed over 2,000 times across active missions, and the company is delivering payloads for several LEO constellations as well as seven HummingSat GEO platforms. SWISSto12 has secured contracts with major global operators including SES and Viasat for HummingSat and has more than $500 million in contracted orders. The company reported $140 million in revenue for 2025, achieved a 110% compound annual growth rate since 2022, and is expected to reach positive EBITDA in 2026. SWISSto12 plans to use recent funding to scale manufacturing and integration capacity to meet growing commercial and sovereign demand across multiple orbits.

• Qubic

  Led · Grant · Sep 2025

  Qubic develops Kinetic Inductance Traveling Wave Parametric Amplifiers (KI-TWPAs), ultra-low-noise, wide-bandwidth microwave amplifiers intended for reading out superconducting qubits and compatible with other qubit modalities. Its amplifiers derive nonlinear inductance from the transmission line material rather than Josephson junctions, aiming for a more robust, scalable device that operates near the quantum limit and supports multiplexed qubit readout. Qubic reports heat dissipation for its amplifiers is expected to be cut to under 0.1 mW per amplifier, addressing a key bottleneck in cryogenic quantum systems. The company has sold its devices to Quantum Machines and plans to scale manufacturing to meet demand from quantum computing and defense customers. Qubic is also developing an RF quantum sensing platform leveraging its amplifier technology for applications such as threat detection and covert communications, and intends to grow its team three-fold to achieve these goals.

• Nukik

  Led · Equity · Mar 2024

  Nukik is advancing the Kivalliq Hydro‑Fibre Link project, which aims to deliver hydro power and fibre connectivity to northern communities. The company is moving the project into a development phase that includes engineering, design, and environmental fieldwork. Nukik announced it has received an additional $2.8 million from Canada’s Northern REACHE Program to support these activities. This funding builds on previous federal support for the earlier planning and feasibility phase. Construction for the project is expected to begin by 2028. Nukik also announced a partnership with Arctic Gateway Group and the Town of Churchill to advance a strategic northern infrastructure and energy corridor.

• NaijaHacks

  Led · Equity · Feb 2024

  Founded in 2018 by Uchi Uchibeke, World Innovation League (WIL) is a nonprofit tech talent accelerator that evolved from NaijaHacks to AfricHacks and now WIL. The organisation runs programs offering tech skills training, mentorship, hackathon participation and short-term work experience. The current $1.2M funding will be used to equip Africans and Black immigrants in Canada with tech skills and to establish an accelerator programme. WIL aims to increase representation of Black Canadians and new immigrants in key tech roles by 50% over the next five years. The immediate programme funded by this round will train 500 participants within four months. Historically, NaijaHacks/AfricHacks grew to over 1,300 then 2,800 participants and at one point offered ₦100 million (approximately $72,000) in prizes.

• General Fusion

  Led · Equity · Dec 2023

  General Fusion develops magnetized-target fusion technology that uses deuterium-tritium fuel, a magnetic field generated by current through the fuel, and a liquid lithium wall compressed by steam-driven pistons. The company recently activated LM26, a half-scale prototype of a commercial-scale reactor, and had aimed for scientific breakeven in 2026 when commissioning the device. After laying off at least 25% of staff in May, the company publicly appealed for funding and said it is still pursuing scientific breakeven, while listing intermediary goals of heating plasmas to 10 million and 100 million degrees Celsius. The firm reported that the new cash will allow more time to run LM26 and work toward key scientific milestones. Prior to this round, General Fusion had raised $440 million in funding and was founded in 2002. Given the limited size of the fresh funding, the company appears likely to prioritize nearer-term scientific milestones to try to secure additional investment. General Fusion develops a practical Magnetized Target Fusion (MTF) approach to commercial fusion energy and is headquartered in Richmond, B.C. The company is advancing its Lawson Machine 26 (LM26) demonstration program to achieve temperatures above 100 million °C (10 keV) and a scientific breakeven equivalent. Management expects the technology to be capable of providing clean fusion energy to the grid by the early to mid-2030s. The company was founded in 2002 and is funded by an international syndicate of energy VCs, industry partners, and technology investors. Recent financing activity includes a CA$20 million investment—CA$10 million each from Canadian Nuclear Laboratories (CNL) and BDC Capital—to accelerate LM26 and commercialization work. The LM26 program has attracted over CA$71 million in public and private investment since its 2023 launch. General Fusion pursues a Magnetized Target Fusion (MTF) approach that uses a proprietary liquid‑metal liner mechanically compressed by high‑powered pistons to create short, high‑temperature fusion pulses without large superconducting magnets or laser arrays. The company is building LM26, a demonstration machine designed to reach key technical milestones and de‑risk commercialization of its technology. LM26 aims to achieve plasma temperatures over 100 million degrees Celsius by 2025 and progress toward a deuterium‑tritium breakeven equivalent by 2026; its plasmas will be approximately 50% scale of a commercial machine. General Fusion says a commercial plant design would produce roughly 230 MW from two 115 MW machines and could power about 150,000 homes. The company reports having built more than 24 plasma prototypes, filed over 170 patents, and conducted more than 200,000 experiments at its Canadian labs. It plans to commercialize zero‑carbon fusion power in the early to mid‑2030s while continuing R&D at its Richmond, B.C. headquarters. General Fusion is developing a Magnetized Target Fusion (MTF) approach centered on its newly announced Lawson Machine 26 (LM26), to be built at its Richmond headquarters. LM26 is designed to achieve fusion conditions of over 100 million degrees Celsius by 2025 and to progress toward scientific breakeven by 2026. The machine will validate the company's ability to symmetrically compress magnetized plasmas at scale by integrating its operational plasma injector (PI3) with a new lithium liner compression system. LM26 is intended as a cost-efficient, fast-moving demonstration to de-risk and accelerate General Fusion’s Demonstration Program and support plans to provide commercial fusion electricity by the early to mid-2030s. Over the next two to three years the company will work closely with the UK Atomic Energy Authority to validate LM26 data and incorporate it into the design of a planned commercial-scale demonstration in the UK. The company is led by CEO Greg Twinney and Founder and Chief Science Officer Dr. Michel Laberge. It recently raised capital and grant support to expand operations and its business reach. General Fusion pursues commercialization of Magnetized Target Fusion (MTF) to deliver practical, carbon-free power. The company is advancing a power-plant scale Fusion Demonstration Plant at the UKAEA’s Culham Centre for Fusion Energy and has expanded technology development at its Vancouver headquarters and a new facility adjacent to Oak Ridge National Laboratory. General Fusion has created a Market Development Advisory Committee composed of nine leading energy companies and clean-energy users to shape commercialization and market adoption. The company reports broad financial support from private investors and from Canadian, U.K., and U.S. government sources to accelerate near-term initiatives and milestones. General Fusion emphasizes customer-focused development and is preparing for a larger financing round in 2022 to support aggressive pursuit of its program.

No current team members are available.