Participated · Equity · Jan 2018

Leading Pharma, based in Airfield, NJ, operates as a vertically-integrated generic pharmaceutical company with internal R&D capabilities and a 53,000 square foot manufacturing plant dedicated to oral solid pharmaceuticals. Led by Co-Founder and CEO Ronald Gold, the company purchases, licenses, develops, manufactures and distributes products across many therapeutic areas under the Leading Pharma label. Since acquiring Excellium Pharmaceutical in 2014, it evolved from outsourcing development to having in-house R&D and manufacturing. The company sells to drugstore chains, distributors, wholesalers, mass merchandisers, government agencies and managed care accounts in the U.S. The recent financing will support R&D investments to expand its diverse pipeline of generic products. Management also intends to use proceeds to repay existing indebtedness.

Participated · Series B · Feb 2016

Veniam has developed a technology platform that provides in-vehicle internet access and connectivity for cars and fleets, designed to overcome urban dead zones and automatically switch to Wi‑Fi to expand a vehicle’s communication range. Its networking platform supports use cases including mobile Wi‑Fi hotspots with advertising, onboard diagnostics and video, smart city applications, and real-time monitoring and control of mobile assets. The company plans to use the new funding to expand its platform capabilities, deliver managed services and grow teams in Silicon Valley, Porto (Portugal) and Singapore. Veniam was founded by João Barros, Susana Sargento, Robin Chase and Roy Russell. The company is headquartered in Mountain View, CA. Financially, Veniam raised a $22M Series B and has raised $27M in total to date. Veniam equips moving vehicles with hardware and software to create mobile Wi‑Fi networks and collect transportation data. Its technology has been demonstrated on Porto’s public buses, where about 50,000 citizens use the service out of a 350,000 population and it reaches nearly 75% of smartphone-owning bus riders. The company positions this market as the “Internet of Moving Things” and aims to turn fleets into live networks independent of cellular carriers. Veniam plans to use new funding to expand operations inside the United States and already maintains offices in Mountain View, California, while keeping core operations in Europe. The firm said its new capital will carry it around 18 months and noted a lower spend rate due to having some operations in Europe where developer talent is less expensive. Veniam also sees the data collected from its networks—vehicle tracking and traffic information—as a potential business opportunity.

Participated · Seed · May 2014

Fetch offers a mobile commerce application where users request products by typing, speaking, or snapping a photo, after which trained human shopping assistants locate the lowest price and place the order through the customer’s account. The service relies on a network of 50 contract assistants who are paid per transaction, while Fetch earns affiliate commissions from merchants. By emphasizing human expertise rather than purely algorithmic search, the company aims to differentiate itself from large incumbents such as Amazon and Google Shopping Express. Fetch is currently free to use, though management plans to roll out premium, subscription-based features in the future. The product launched publicly onstage at TechCrunch Disrupt New York with iOS and Android availability. Founder and CEO Tom Hadfield previously built and sold Soccernet to ESPN for $40 million, giving the startup seasoned leadership. While exact user numbers or revenue were not disclosed, the firm has secured seed backing to fund further product development and assistant scaling.