Participated · Seed · Jul 2025

Circulate Health is building a patient-centered platform that applies advanced therapeutic plasma exchange (TPE) to filter circulating microplastics, environmental toxins, and other inflammatory agents from the bloodstream. The company positions its solution as a science-backed approach to proactive longevity care, addressing systemic inflammation and oxidative stress linked to aging and chronic disease. Backed by Khosla Ventures, Circulate Health has gained early traction within the growing consumer interest in longevity treatments. CEO and co-founder Brad Younggren notes the company is experiencing strong momentum and will use fresh capital to enhance research and expand its platform. By targeting a scalable delivery model for TPE, Circulate Health aims to make the procedure more accessible to a wider population. The firm emphasizes its role at the “center” of the convergence between precision health and preventative wellness. No operating metrics such as revenue or user counts were disclosed in the announcement.

Participated · Seed · Feb 2018

AiFi builds camera-only computer-vision systems that let retailers run autonomous, cashierless stores without weighted shelves, supporting app, card, gated or hybrid entry. Its tracking algorithms work in spaces up to 10,000 square feet and the company has deployed in grocery stores, stadiums and music festivals. AiFi has grown from zero public stores two years ago to about 40 stores today, including 30 with Zabka, and recently launched a 6,000-square-foot Aldi store in London and a Carrefour Flash concept in Paris. The company says deployments that once took six months can now be completed in less than one week. Revenue has grown roughly five- to six-fold year over year, and headcount rose from 40 employees in 2020 to 115 worldwide. AiFi plans to use new capital to strengthen its deployment team, accelerate store launches, and invest in product development and feature enhancements. AiFi is a Santa Clara, Calif.-based technology company developing autonomous store technologies, including its Autonomous Store Platform OASIS. Led by co-founder and CEO Steve Gu, the company delivers checkout-free experiences with instantaneous receipts and provides customizations and operational tools for retailers. AiFi says it is creating shopping experiences with major retail partners such as Carrefour, Albert Heijn, and Żabka. The company has partnerships with five of the top 10 U.S. grocery chains, three of the top six European chains, and the number-one chain in Australia. AiFi had 330 stores slated to open in 2021 and expects a range of stores in California and Texas to open by the end of the year. New investments bring the company's total funding raised to date to $30M. AiFi builds an AI-based, checkout-free system using computer vision and real-time analytics for brick-and-mortar retail. The platform is designed to be easy to set up and scale, enabling cashier-less checkout from tiny bodegas to large big-box stores. AiFi provides analytics around transactions, inventory, and consumer behavior so managers can make data-backed operational decisions. Since its launch in 2018, both domestic and international customers — including large supermarkets and leading convenience store chains — have used AiFi's solution. The company is positioned to address a large market opportunity across retail, food services, and convenience stores by improving customer experience and reducing labor costs. AiFi's founding team includes Steve Gu and Ying Zheng, who previously worked at Google, Apple, and HortonWorks. Financially, AiFi closed an $11 million Series A led by Cervin Ventures. AiFi develops a checkout-free retail platform that uses AI, cameras, and sensors to identify items shoppers pick up and track customer behavior in stores. The system is designed to scale from small mom-and-pop shops to large retailers, with stated capacity to track up to 500 people and support tens of thousands of SKUs. AiFi plans to launch a demo store in the San Francisco Bay Area and run a pilot with a larger grocer in New York later this year. The company charges a subscription fee for continued system usage and may expand into payments in the future. AiFi was founded in January 2016, is based in Santa Clara, and has a 25-person engineering team with backgrounds at Google and Apple. The company has raised seed funding and is focused on proving out its technology while addressing cost and privacy concerns tied to deployment.

Led · Seed · May 2016

Molekule develops Photo Electrochemical Oxidation (PECO) air purification devices, including the Air Mini, Air Mini+ and Air Pro. Its PECO technology is designed to destroy VOCs, mold, bacteria, viruses and allergens. The Air Mini, Air Mini+ and Air Pro were recently granted FDA clearance as medical devices for the destruction of viruses and bacteria. Molekule sells directly at Molekule.com, on Amazon and through other retailers, and its products are available internationally in India, Japan, South Korea and Canada. The company said it will use new investment funds to advance its air quality technology and expand its business reach. Led by CEO Jonathan Harris, Molekule had raised more than $100m prior to this deal, most recently via a Series C completed in early 2020. Molekule's core product is its patented PECO technology, which it says oxidizes and destroys a wide range of tiny airborne pollutants, including viruses, bacteria, VOCs, formaldehyde and ozone. The company cites more than 20 years of research and says PECO has been validated by third-party laboratories and internal testing. Molekule's products meet applicable performance criteria recommended by U.S. FDA guidance for use in helping reduce the risk of exposure to SARS-CoV-2 in healthcare settings during the COVID-19 public health emergency. The company is pursuing global expansion and has entered the Japanese market through a distribution and partnership agreement. As part of that agreement, Sourcenext invested $10 million to be used for growth initiatives as Molekule prepares to meet strong international demand. Molekule positions its hardware and software offerings together with its patented filter technology as a differentiated approach to indoor air purification. Molekule develops air-purification devices that use PECO light-driven chemistry to break down volatile organic compounds, mold and bacteria rather than relying solely on particulate capture. The company traces its technology to research by Dr. Yogi Goswami and is led by co-founder and CEO Jaya Rao. Molekule has faced mixed independent test results—Berkeley Lab and Intertek tests reported removal of VOCs and no harmful byproducts, while Wirecutter and Consumer Reports found weaker particulate capture versus HEPA units. The company has expanded its product line with a mini unit for smaller rooms and is pushing into commercial verticals such as hotels and hospitals. Molekule reports a 3x year-over-year increase in filter subscription revenue since launch and roughly 200% repeat customer growth. Despite negative press, it continues to emphasize third-party validation and peer-reviewed research behind PECO. Molekule develops air purification devices that use a patented Photo Electrochemical Oxidation (PECO) process to break down pollutants at a molecular level. Its technology, developed by Dr. Yogi Goswami, targets bacteria, mold, toxic gasses (VOCs), dust, smoke and other airborne allergens. The company plans to expand its product line, scale manufacturing and grow the team. Molekule is led by CEO Dilip Goswami and was founded in 2014. It employs about 80 people and ships to the United States, Alaska, Hawaii, Puerto Rico, the U.S. Virgin Islands and Canada. The company closed a $25M Series B to support its growth plans. Molekule makes a molecular air purifier that uses Photo Electrochemical Oxidation (PECO) nanotechnology to combat and destroy allergens, mold, bacteria and airborne chemicals at a molecular level. The device can completely purify and replace the air in a 600 square foot room without the use of a high-powered fan, making it energy efficient and ultra quiet. It connects to Wi‑Fi, uses machine learning to respond to the individual needs of each household, and can be controlled via an iPhone app. Molekule retails the device at $799 and offers annual filter subscriptions for $99. The company announced the device’s availability to the general public. Molekule intends to use new funding to scale production, expand its team and build out its product pipeline.

Participated · Series A · Apr 2016

Wootric is an in-application Net Promoter Score (NPS) platform that helps companies measure and improve customer sentiment in real time. The platform runs customizable surveys inside web and native iOS/Android apps to provide CEOs, product, customer success, and marketing leaders actionable feedback. Founded in 2014 by Deepa Subramanian and Jessica Pfeifer and based in San Francisco, the company has delivered over 10 million surveys in 22 languages. It serves verticals including SaaS (New Relic, Citrix), e-commerce (Dot+Bo), education (Pluralsight, Mind Valley) and online media (Time Inc.). Wootric intends to use the Series A proceeds for product development and to expand sales and marketing efforts. The company recently raised $2.6M in Series A financing led by Cloud Apps Capital Partners with participation from CSC Upshot.

Participated · Series A · Apr 2016

Dil Mil is a dating and matchmaking app designed for South Asian singles seeking long-term relationships. The app enforces a 5-second timer on viewing profile pictures and limits daily profile views, with an option to subscribe for unlimited access. Users can link LinkedIn and Instagram profiles; the company says it has made more than a million matches and averages three marriages a week. Dil Mil soft-launched in India in October 2015 and is currently present in the US, the UK, Canada and Australia. The startup plans to introduce video and virtual reality dates and will use new funding to expand its team and improve its technology infrastructure. Recent fundraising provides the capital to accelerate those product and team goals. Dil Mil is a matchmaking app designed for South Asian singles seeking long-term relationships, offering features such as a 5-second timer on profile photos, limited daily profile views, and a subscription for unlimited access. Users can link LinkedIn and Instagram profiles to their accounts. The app reported a soft launch in the Indian market in October and has since seen double-digit growth; India is now its third-largest market after the US and the UK. Dil Mil claims to have reached a 1 million match benchmark recently and is averaging two marriages per week. The company leverages a reported 20% NRI market share to connect Indians across markets. Operational details and broader monetization beyond subscriptions were not disclosed in the article.