Participated · Series C · Jun 2026

ZutaCore develops a waterless two-phase cooling platform designed to support AI and HPC processors exceeding 4,000 watts. Its technology is deployed in more than 75 installations globally across the Americas, Europe and Asia. The company is scaling commercialisation to meet rising bookings and deployments driven by demand for AI and high-performance computing infrastructure. ZutaCore plans to advance R&D to address next-generation chip thermal requirements and enable integration with air and single-phase cooling systems, as well as support megawatt-class deployments. Following the Series C, it strengthened its leadership team with appointments to COO, chief R&D officer, CFO and chief people officer.

Participated · Series A · Dec 2025

Ember LifeSciences develops reusable, modular cold-chain shipping platforms, including the flagship Ember Cube and the newly commercially available Ember Cube 2, which features real-time monitoring and cloud-based tracking. The Ember Cube 2 has received design recognition such as a Red Dot “Best of the Best,” and the company’s products have been cited by TIME and Fast Company. Ember’s customer base includes major pharmaceutical distributors and pharmacies such as CVS Health, Cardinal Health, Chartwell and USADA. The company originated as an offshoot of Ember Technologies, the maker of a temperature-control mug that has exceeded half a billion dollars in total sales. Ember says it will use recent strategic investments to scale its logistics platform rapidly and expand its global footprint.

Participated · Series B · Feb 2025

75F develops IoT-connected sensors and control systems that leverage cloud computing and machine learning to deliver proactive building intelligence and energy and comfort optimization. The company offers smart sensors and controls positioned as more affordable and easier to deploy than alternatives on the market. It serves multi-site portfolios and plans to scale operations into offices, retail, school districts and municipalities, warehouses, and manufacturing sites. Led by CEO and founder Deepinder Singh, 75F combines IoT, cloud platforms and ML models to enable data-driven HVAC automation. The company reports over 1,800 installations across nine countries. The latest financing is intended to support that scaling effort and broader deployment. 75F builds IoT-enabled building management systems that combine wireless sensors, cloud computing, and machine learning to provide data-driven, proactive controls for HVAC and lighting optimization. The company says its wireless solution is easy to install, offers integrated AI and analytics, and targets energy and carbon reduction goals for customers large and small. 75F is India–US based and described as Minneapolis-based in the article; APAC is home to its R&D hub and supply-chain operations. Management reports triple-digit year-on-year growth and believes the addressable market is about $10 billion. Planned uses for capital include expanding to new countries, addressing new customer segments, developing new products and a new platform, and accelerating pan-APAC expansion. The recent funding is intended to strengthen operations and build on the company’s technological differentiation. 75F offers a vertically-integrated Building Management System combining wireless sensors, equipment controllers, and cloud-based software to deliver data-driven, proactive controls for HVAC, lighting, and energy optimization. Wireless sensors placed in each zone capture millions of data points daily, which are uploaded via a 900 MHz wireless mesh network. Those data are combined with a live weather stream and forecast data so 75F’s AI can predict optimal control strategies. The company is led by founder and CEO Deepinder Singh. 75F said it will use new funding to further expand innovations in energy savings and to grow its market reach. The company is based in Minneapolis, MI. 75F provides wireless building automation solutions for commercial buildings, combining wireless sensors, equipment controllers and cloud-based software. The company leverages IoT, cloud compute and machine learning to deliver predictive, proactive building automation for HVAC, lighting and energy optimization. Its vertically integrated solution offers energy savings, improved air quality, ROI, weather forecasting and self-optimization and begins learning a building’s behavior from the moment it is installed. 75F plans to use the new funding to scale operations, invest in R&D, upgrade office locations and strengthen its partner network across North America, APAC, the Middle East, China and Australia. The company completed an $18M Series A and has raised a total of $25M to date. Founded in 2012 and led by CEO Deepinder Singh, 75F is based in Burnsville, Minnesota.

Participated · Series B · Aug 2024

Butlr is an MIT Media Lab spinout led by CEO Honghao Deng that builds a physical AI platform and sensors to understand subtle movements in a space. Its technology discerns activity, occupancy, indoor location, and body posture while being purposely designed to be incapable of capturing personally identifiable information. The company sells sensors and data used by employers, hospitality companies, retailers, and senior living communities to identify patterns and behaviors. Customers named in the articles include Walmart, 9solutions, Carrier, Qualcomm, Shell Point, and Verizon. Butlr positions its product to inform decisions about real estate investment planning, asset management, occupancy, health, and energy efficiency. The company intends to use recent funding to expand its presence, mainly in senior care communities. Butlr provides an anonymous people sensing platform that uses body heat and machine learning to detect occupancy, headcount and activity and to generate accurate, real-time and historical spatial insights. The platform is designed to be incapable of collecting personally identifiable information. Its patented technology architecture enables deployment in minutes with a low total cost of ownership. Commercial real estate and assisted living facilities use Butlr to drive space utilization, optimize pricing, streamline operations, and improve the user experience. The company was founded by Honghao Deng and Jiani Zeng, both named to Forbes 30 Under 30. Butlr intends to use the $5M raised to accelerate growth, expand operations and broaden its business reach. Butlr develops palm-sized thermal sensors and AI that estimate office occupancy by detecting body heat and streaming anonymized "temperature pixels" to a cloud dashboard and API. The sensors require only a Wi‑Fi connection and a hub, claim multiyear battery life, and are designed to preserve privacy by not capturing images. Its products target commercial real estate and senior living, with use cases including space planning, facilities management, smart cleaning integrations (via partner Infogrid) and a fall-detection service priced from $120 per sensor per year. The company was spun out of MIT Media Lab and co-founded by Honghao Deng and Jiani Zeng. Butlr has landed Fortune 500 customers including Georgia Pacific and Carrier but declined to disclose revenue or customer counts. The company is expanding its 50-person workforce and plans to use new funding to accelerate product development and grow its go-to-market team while exploring additional markets like assisted care facilities. Butlr develops anonymous, wireless thermal sensors (Heatic) and a spatial-intelligence platform that converts five frames-per-second body-heat data into occupancy, headcount and activity insights. Its palm-sized wireless sensors require one-time setup, run on batteries for two years, and intentionally do not capture faces to preserve privacy. The company sells basic kits starting at $880 and offers space-designing software and an API for customers to plan sensor placement and integrate insights. Butlr was spun out of the MIT Media Lab in 2019 and is based in Burlingame, California. It is shipping out hundreds of thousands of sensors and grew almost 10x in revenue last year. Management is targeting market expansion and further technology development, including a more advanced API and new use cases such as assisted living fall detection and traffic-flow monitoring. Butlr develops ceiling-mounted, wireless, battery-powered passive-infrared sensors combined with AI to track people’s indoor movement without identifying individuals. The sensors detect body heat to infer motion, pathways, occupancy and queue lengths, enabling applications like mood lighting, HVAC control, queue management and after-hours alarms. The company says its technology is deployed in about 200,000 retail stores and has customers including supermarket chain 99 Ranch Market and the Louvre Museum in Abu Dhabi. As the COVID-19 pandemic hit, Butlr retooled its software to add maximum-occupancy and queue-management features and tested them in China before rolling the updates out to global customers, including in the United States. The startup emphasizes privacy by design—the sensors track location and movement but do not capture identity—and positions itself as a lower-cost alternative to cameras and facial recognition. Financially, the company closed a $1.2 million seed funding round last month as demand shifted toward pandemic-driven store reopening tools.

Participated · Equity · Apr 2023

Hakimo provides an AI-powered physical security platform that uses computer vision to monitor existing camera infrastructure and enable real-time monitoring. The platform aims to help property owners and operators reduce incident response times, lower security costs, and improve safety without requiring a hardware overhaul. Hakimo was founded by CEO Sam Joseph and is based in Menlo Park, California. The company has raised a total of $32 million to date following the $12 million growth round. Hakimo plans to use the new capital to accelerate product development, expand into additional real estate and other markets, enter new geographies, and grow its team. It also intends to broaden its platform to support non-security use cases including safety, compliance, and customer experience.