Darco Capital
201 Rouse Blvd, Philadelphia, Pennsylvania, 19112, United States
Overview
Darco Capital is the family office investment vehicle of David Adelman. Darco Capital is an investment firm that focuses on investing in technology and consumer businesses, startups, and companies.
- Total investments
- 9
- Lead investments
- 1
- Investments · 12mo
- 1
- Active investors
- 1
Sector focus
- Finance
- Financial Exchanges
- Financial Services
Investment portfolio
- PlayerData
Participated · Series A · May 2026
PlayerData began with a lower-cost GPS wearable aimed at expanding access to performance tracking and has expanded into a broader data-capture ecosystem combining wearables, GPS-embedded balls, and AI-paired video. The company plans a full commercial launch this summer for a GPS-based soccer ball developed with Puma and Mitre and is testing connected balls from Nike. A portable 8K, 190-degree camera that syncs with player and ball sensors and uses AI to automate video clipping is slated to follow. PlayerData’s wearable is in use across US Soccer, several MLS clubs, and multiple MLB teams (including the Red Sox, Rays, and Astros), and officials will wear the device at every FIFA men’s World Cup match this summer; the company holds Preferred Provider status through FIFA’s Quality Programme. The business recently raised $12M in a Series A to scale products and expand the team, has grown headcount ~40% over 18 months, and moved its U.S. headquarters to Boston.
- Type One Energy
Participated · Seed · Mar 2023
Type One Energy is a fusion power startup focused on building stellarator-style magnetic confinement reactors capable of delivering gigawatt-scale, emissions-free electricity. Rather than owning and operating power plants itself, the company plans to sell key reactor technology to electric utilities and power providers. Its first commercial project, dubbed Infinity Two, is slated for the former Bull Run coal site under a deal with the Tennessee Valley Authority and is expected to produce about 350 MW of power in the mid-2030s. The approach promises the advantages of fusion—no long-lived radioactive waste and no meltdown risk—while meeting the surging demand from data centers and economy-wide electrification. Type One has attracted more than $160 million in venture funding to date, including support from Bill Gates’s Breakthrough Energy Ventures, Doral Energy Tech Ventures and TDK Ventures. The company recently secured an $87 million convertible note and is marketing a $250 million Series B at a $900 million pre-money valuation to accelerate reactor development and commercial deployment.
- ReMo Energy
Participated · Seed · Jul 2022
ReMo Energy develops and manufactures industrial materials—initially green ammonia—using renewable energy rather than fossil fuels. The company applies predictive modeling and a novel plant-construction approach to enable lower‑capex, standardized facilities that can operate on intermittent solar and wind. ReMo says its design lets it build and scale faster while producing and distributing products at lower cost. Its initial commercial focus is green ammonia for fertilizer in the U.S. corn belt; future markets include shipping fuel and hydrogen storage. The company announced an additional $5.25M Seed financing and will use proceeds to scale commercial operations throughout the U.S. Midwest to meet demand from its growing customer base.
- Rubi Laboratories
Participated · Seed · Feb 2022
Rubi Laboratories develops an enzyme-driven platform that converts captured carbon dioxide into cellulose suitable for lyocell and viscose. The process uses a cascade of engineered enzymes in aqueous reactors sized to fit inside shipping-container modules, producing white cellulose within minutes as CO2 is added. Rubi has used AI and machine learning to improve enzyme efficacy and stability and plans to move toward continuous production. The company is building a demonstration-scale system intended to produce tens of tons of material and intends to supply apparel and other industries that use cellulose. Rubi has tested its material with 15 pilot partners, including H&M, Patagonia, and Walmart, and has booked more than $60 million in non-binding off-take agreements with a couple of partners. Leadership includes co-founder and CEO Neeka Mashouf, who founded the company with her twin sister Leila.
- Philanthropi
Participated · Seed · Dec 2021
Philanthropi provides a giving-as-a-service platform that uses bank technology to give individuals access to tax-advantaged donor-advised funds typically reserved for high-net-worth donors. The platform lets users customize where their dollars go, create individual or family foundations, and track personal gifts over time. Philanthropi also offers charities low-cost, easy access to individual donors and aims to match donors and nonprofits based on the donor's interests. The company positions itself to make giving a routine part of daily life rather than infrequent occurrences. Since launching its platform with Live Oak, more than 70% of funds granted have directly supported charities in North Carolina. Philanthropi was founded in Philadelphia in 2018 and cites the large share of individual giving (69% of U.S. donations in 2020) as core market context.
Team
David Adelman
CEO
LinkedIn