Participated · Series A · Dec 2025

Quantum Art was spun out of Prof. Roee Ozeri's group at the Weizmann Institute of Science and is led by CEO and co-founder Dr. Tal David, CTO Dr. Amit Ben Kish and CSO Prof. Roee Ozeri. The company focuses on trapped-ion quantum computing and has developed proprietary techniques for multi-qubit gates, scalable modular architectures, and robust quantum error correction. It is advancing a multi-core roadmap including Perspective, a planned 1,000-qubit system aimed at commercial-scale deployment. Quantum Art is transitioning toward commercialization with plans for a Quantum-as-a-Service (QaaS) platform that lets customers move from algorithm development and co-design to execution on its hardware. The company said it is expanding internationally and building partnerships to support early customer adoption while hiring to support development and business growth.

Participated · Series D · Nov 2025

X-energy’s core product is the Xe-100, an 80-megawatt, high-temperature, gas-cooled SMR that uses billiard-ball-sized, carbon-coated uranium fuel pebbles and helium coolant to generate steam for electricity. The company is focused on establishing a supply chain capable of delivering these reactors at scale and has already secured orders for 144 SMRs totaling 11 gigawatts of capacity. Early customers include Amazon, Dow, and British utility Centrica; Amazon alone has committed to more than 600 MW of capacity in the Pacific Northwest and Virginia, with the potential to deploy up to 5 GW by 2039. X-energy is positioning its technology to meet surging demand from tech companies and data-center operators seeking reliable, zero-carbon power. Financially, the startup has raised $1.8 billion to date, with $1.4 billion of that coming in the past year through its Series C and Series D rounds. The fresh capital will be used to build out the manufacturing and supply infrastructure required for large-scale SMR deployment.

Participated · Series A · Jul 2022

Ripple Prime is a multi-asset prime brokerage platform operated by Ripple that combines fintech-grade technology with bank-level compliance and operational rigor to serve institutional clients. The platform offers prime services and margin financing across traditional and digital markets and is positioned to deliver increased margin capacity and capital efficiency to counterparties. Ripple acquired the platform in 2025, and since the acquisition Ripple Prime has tripled its revenue year over year. Ripple, founded in 2012 and headquartered in San Francisco, offers broader enterprise blockchain solutions including payments, custody, liquidity, treasury management, a stablecoin (RLUSD), and the cryptocurrency XRP. The company reports growing client activity and institutional demand as drivers of Ripple Prime's expansion. The recent $200 million debt facility from Neuberger Specialty Finance is intended to increase Ripple Prime's lending capacity and ability to serve new and existing institutional relationships.

Participated · Series D · Oct 2021

Thrasio popularized the Amazon roll-up model, buying dozens of small, high-performing marketplace brands and centralizing their operations. The company claimed that the data and infrastructure synergies from this portfolio would improve overall performance as it grew. In 2020, Thrasio reported $500 million in revenue and $100 million in profit, and in 2021 it raised $1 billion at a valuation of up to $10 billion. Over time the strategy proved harder to execute amid shifting consumer demand and a tightening fundraising environment, leading to layoffs and leadership changes in 2022. By September 2023 secondary markets pegged its valuation at about $194 million, far below prior marks. The business has now entered Chapter 11 to restructure its balance sheet while continuing to run its brands. As part of the restructuring, Thrasio will shed roughly $495 million in debt, defer interest for a year, and access new liquidity to support ongoing operations.