Led · Series C · Aug 2026

Castelion's flagship product is Blackbeard, described as a low-cost, mass-producible hypersonic strike missile engineered for industrial-rate output and continuous flight-test iteration. The company has progressed from early development to repeated flight testing, operational integration, and construction of a dedicated high-rate production capability, including the 1,000-acre Project Ranger manufacturing campus in New Mexico. Castelion has secured over $500 million in U.S. military contracts in the past 18 months and achieved program-of-record status for Blackbeard in under four years, with fielding targeted for 2027. Management and investors say the company is already producing hardware, mixing propellant in New Mexico, and shipping to the services. Castelion plans to use new capital to scale Blackbeard production, accelerate a longer-range precision strike weapon that leverages Blackbeard technologies, and develop lower-cost defensive systems. The company is headquartered in Torrance, California, with manufacturing operations in New Mexico, Texas, and California and offices in Washington, D.C. The Series C values the company at $13 billion following the $1 billion raise (comprised of $800 million equity and a $250 million revolving credit facility).

Led · Equity · Jul 2026

Founded in July 2021, Neverhack positions itself at the intersection of cybersecurity, artificial intelligence and trusted European infrastructure. The company develops AI-enabled capabilities for detection, incident response, audit and other security operations, and emphasizes sovereign deployments with localized GPU capacity. Neverhack reported over 1,200 employees, operations across 12 countries and €220 million in revenue, and says it supports more than 80% of the SBF 120 with clients including Naval Group, Thales and Airbus. Its near-term plans announced alongside the June 2026 fundraising include industrializing AI cyber solutions, deploying GPU-equipped infrastructures in France, Italy and Estonia, and expanding technical and commercial teams. Leadership changes effective July 21, 2026, assign Arthur Bataille as Executive Chairman and Frédéric Sarrailh as CEO to separate long-term vision from day-to-day execution.

Participated · Series D · Jul 2026

CAIS offers a technology platform that manages the full lifecycle of alternative investments for independent wealth advisors, including product evaluation, execution and post-trade administration. The company has integrated AI into its advisor workflow, including an AI research assistant called CAISey that leverages Anthropic’s Claude model. CAIS serves more than 2,500 wealth management firms representing over 65,000 financial advisors who collectively oversee approximately $8.5 trillion in client assets. Operational momentum includes a three-year organic revenue compound annual growth rate of 37%, and in the first half of 2026 transaction volume rose 53% year over year while total platform assets increased 55%. Since 2025 the company added over 425 registered investment advisers and independent broker-dealers representing more than $1.8 trillion in assets. CAIS has been actively expanding integrations with custodians and partners and invested heavily in product development, releasing more than 150 technology enhancements in the first half of 2026. The firm also runs advisor education initiatives such as CAIS Live and the CAIS IQ digital platform, which has generated over 400,000 digital engagements.

Participated · Equity · Mar 2026

Nxtra operates one of India’s largest data center networks with around 300 MW of capacity across 14 core data centers and over 120 edge sites. The company offers colocation, cloud infrastructure, disaster recovery and edge computing services and is positioning itself as an AI-driven infrastructure provider using AI for predictive maintenance, energy efficiency and automated operations. Nxtra plans to scale capacity to 1 GW over the next few years and is targeting roughly 25% market share in India’s expanding data center market. It is expanding its pipeline with new AI-ready campuses in cities such as Chennai, Mumbai and Kolkata and pursuing partnerships with global technology companies for large-scale deployments. The company was valued at approximately $3.1 billion post-closing after the announced $1 billion investment led by Alpha Wave Global, Carlyle and Anchorage Capital, with Airtel retaining control.

Participated · Equity · Oct 2025

NEP Group is working to take the next step in innovation, technology, and global growth, according to CEO Martin Stewart. The company just secured significant new capital and completed a debt refinancing, strengthening its balance sheet and giving it room to expand. Stewart stated that the fresh backing will help NEP build on its four-decade track record with confidence and energy. Although the article does not disclose specific revenue, user numbers, or other operating metrics, the company emphasizes that the funding positions it for long-term development. Existing shareholder Carlyle remains NEP’s largest investor, underscoring continued institutional confidence in the business. The leadership expects the influx of capital to accelerate both technological advancements and international market reach. Overall, NEP’s financial position has been bolstered by the new equity and the debt restructuring, giving it additional flexibility for future growth initiatives.