Participated · Series A · Dec 2023

Dimensional Energy manufactures sustainable aviation fuel (SAF) by converting carbon dioxide and water into hydrocarbons. The company sells to airlines, freight companies and specialty chemical firms and generates revenue via contracted offtake agreements. It has signed offtake deals including up to 5 million gallons per year with Boom Supersonic and a 300 million-gallon agreement with United Airlines. Dimensional plans to use the new capital to build an advanced power-to-liquid fuels plant using emissions from Lafarge’s Richmond Cement Plant in British Columbia in partnership with Svante, and to develop a 200-barrel-per-day commercial power-to-liquid facility in New York. The company also intends to introduce consumer and B2B products, including a fossil-free surf wax and a cruelty-free fat alternative for vegan food companies. Dimensional filed as a Delaware Public Benefit Corporation and works with third parties to verify performance and carbon intensity; it has 41 employees.

Participated · Series A · Aug 2023

Aperio provides a software platform that detects and fixes poor operational data quality at scale through visualization, prioritization, and remediation. The system ingests operational customer data captured in historians, databases, and data lakes and evaluates its quality using proprietary machine learning engines. Aperio's platform is designed to help industry leaders improve operational performance, mitigate risks, and enable data-driven decision making to deliver data services. Earlier in the year the company released APERIO DataWise 2.0, which added comprehensive root cause analysis and event pattern recognition and improved workflows and issue prioritization. The company intends to use the new funding to grow the team, invest in the product, and improve the customer experience. Aperio is led by CEO Jonas Hellgren and is based in Boston, MA. Aperio Systems offers an industrial data integrity platform that automatically validates operational data at scale using machine learning and AI. Its solution validates data in real time so organizations can reduce operational expenses, make better-informed strategic decisions, and turn validated industrial data into a competitive asset. Aperio serves global customers across sectors including refining, mining, manufacturing, power utilities, process manufacturing, oil & gas, and chemical processing where data integrity is crucial. The company highlights that data integrity has become the number-one inhibitor to maximizing ROI in digital solutions, with over 50% of data science budgets dedicated to cleaning data quality. With the new capital, Aperio plans to scale its industry-first IIoT data integrity solution and provide comprehensive, long-term support for global industrial leaders. Financially, the company has closed an $8.5M Series A to fund that expansion. Aperio Systems develops ML‑based tools that detect when physical sensor data in power plants and industrial sites has been forged by analysing normally filtered sensor noise to create individual sensor fingerprints. The system can both flag tampering and often reveal the underlying physical state so operators can choose between emergency shutdowns or controlled responses. Its solution integrates without requiring changes to existing plant setups. The company says it is currently active mostly in Israel and Europe, has begun work with a customer in Australia, and is evaluating expansion into Asia and the U.S. Aperio has about a dozen employees, mostly engineers. It plans to use the new funding to improve its core technology, build additional customer tools, and expand into new geographies.

Participated · Series C · Jun 2023

Percepto, based in Modi’in, Israel and led by CEO Dor Abuhasira, provides Autonomous Inspection & Monitoring (AIM), an end-to-end visual inspection solution powered by autonomous drones, robots and AI. AIM automates the entire visual inspection workflow from data collection to AI-powered analysis and insights, enabling faster detection of gas leaks, overheating and infrastructure deterioration. The platform is used by Fortune 500 customers on six continents, including Siemens Energy, Delek US, companies across Koch Industries and ICL Dead Sea Works. Percepto raised a combined $67M Series C in equity and debt funding, bringing total investment in the company to more than $120M. The round was led by Koch Disruptive Technologies and included new investors Zimmer Partners and one of the largest U.S. energy companies, with participation from existing backers U.S. Venture Partners, Delek US Holdings, Atento Capital, Spider Capital and Arkin Holdings. The company plans to use the funds to expand operations and broaden its business reach while helping customers meet environmental, social and corporate governance (ESG) goals by minimizing safety and environmental risks. Percepto develops a vertically integrated stack of drone hardware and software for autonomous site inspection and monitoring, marketed as AIM. Its product is a "drone-in-a-box" that launches on-demand or on schedule, returns to recharge, and transfers data for analysis. The company hires teams in AI, computer vision, navigation and analytics and acquires compute chips from Nvidia to power its systems. Percepto counts customers in around 10 countries, including ENEL, Florida Power and Light and Verizon. Founded in 2014, it has raised $72.5 million to date and recently closed a $45 million Series B. The company has integrated its Sparrow drones with Boston Dynamics' Spot for complementary inspections and says it expects additional partnerships. CEO Dor Abuhasira said the round will help Percepto "create a category leader." Percepto provides on-site autonomous drone solutions for critical infrastructure and industrial sites via its Drone-in-a-Box (DIB) system. The DIB platform uses computer vision, AI and cloud management to enable real-time detection of threats, safety hazards and anomalies, as well as mapping, 3D modelling and emergency response without human intervention. Its solution targets large-scale enterprises in energy, oil & gas, mining and other heavy industries and is in use in more than ten countries, including deployments with Fortune 500 customers such as Enel. Founded in 2014 and led by CEO Dor Abuhasira, Percepto has raised $27.5M to date following a $15M Series A. The company intends to use the Series A proceeds to scale operations, further expand its international presence and continue research and development. Percepto positions its product to improve security, increase productivity, reduce safety risks and lower operational costs for industrial operators. Percepto develops a small hardware-and-software "little black box" that attaches to drones and runs computer vision on an onboard Nvidia Tegra K1 GPU and camera. The product includes an SDK the company says can save companies roughly 70% of the time needed to develop a new drone application. Percepto started last year in Tel Aviv and currently employs seven people, with plans to grow to 12 or more within six months using the new funding. The company is shifting its focus from consumer hobbyist use toward commercial applications such as inspection and automated filming. Percepto plans to make its software available for free under an open-source license later this year to encourage developer adoption and potential enterprise take-up. Founders Dor Abuhasira and Raviv Raz built the product after noticing gaps in consumer drone footage and believe the system could become a standard commercial platform for drone computer vision.

Led · Series A · Feb 2023

nT-Tao develops a compact, scalable fusion reactor roughly the size of a shipping container, designed to be integrated across industrial sites, small towns and off-grid locations. The company leverages both tokamak and stellarator approaches and is currently in the experimental phase of C1, the first of its Series C prototypes. nT-Tao plans to use recent funding to develop and test its reactor, expand its team of physicists, and pursue regional and global partnerships. The company announced a $22M Series A in February led by Delek US, Next Gear Ventures and Mayer Cars & Trucks Group, with additional participation from Honda, the Grantham Foundation, J-IMPACT, East Innovate and OurCrowd. nT-Tao was co-founded by Oded Gour-Lavie, Doron Weinfeld and Boaz Weinfeld and is based in Tel Aviv, Israel. Its stated goal is to provide a compact and scalable nuclear fusion solution to reduce reliance on fossil fuels and address limitations of existing renewables. NT-Tao develops a compact and scalable fusion energy solution based on a proprietary ultra-fast plasma heating method that it says enables higher plasma density and greater energy-production efficiency. The company combines advanced technologies to make fusion more effective compared with other reactor approaches. NT-Tao intends to use its recent funding to scale its team, accelerate prototype development across its pipeline, and build a new research facility. The firm raised a $22M Series A in the round, bringing total funding to $28M. NT-Tao is co-founded by Oded Gour-Lavie, Doron Weinfeld, and Boaz Weinfeld and is based in Tel Aviv, Israel. The company positions its technology as a step toward enabling a transition away from conventional energy sources such as oil, natural gas, and coal.

Participated · Series E · Dec 2022

Svante develops carbon capture and removal technology built around nanoengineered filters and modular rotary contactor machines. The company is constructing a 141,000 sq. ft. manufacturing facility in Burnaby, BC that will produce filters capable of capturing 10 million tonnes of CO2 annually and serve as its global headquarters and R&D center. Svante disclosed a US$145 million capital investment in that facility. The company offers integrated project development services and aims to de-risk first-of-a-kind (FOAK) commercial deployments while accelerating delivery of projects domestically and internationally. Svante intends to leverage its Canadian IP and manufacturing capabilities to prioritize opportunities in its Canadian pipeline. The company has received industry recognition, including placement on the 2024 Global Cleantech 100 and XPRIZE XB100 lists, and a Corporate Knights ranking among private companies. Svante designs and manufactures structured adsorbent beds (filters) that capture CO2 from industrial flue gas and direct air, concentrating it into 95% pipeline‑grade CO2 for storage or industrial reuse. Its modular solid sorbent technology is tailored to separate CO2 from nitrogen in dilute, low‑pressure flue gases and is targeted at heavy industries including hydrogen, pulp and paper, lime, cement, steel, aluminum and chemicals. The company was founded in 2007 and its board includes Nobel Laureate and former U.S. Secretary of Energy Steven Chu. Svante is commercializing its technology through a planned Vancouver manufacturing facility that it says will produce enough filter modules to capture millions of tonnes of CO2 per year across hundreds of large-scale CCUS facilities. Management says the new facility will remove barriers to rapid deployment and enable rapid expansion of its order book. The company has received strategic partnerships and pilot projects with Chevron, including prior investment and a 2020 pilot funded by the U.S. Department of Energy. Svante builds solid sorbent-based carbon capture technology that captures, concentrates and releases CO2 for storage or industrial use in about 60 seconds. The company plans to scale up manufacturing through a new Centre of Excellence for Carbon Capture Use and Storage in Vancouver, BC to produce commercial-scale structured absorbent filters and test its rapid adsorption machine (RAM) designs. Svante says its planned filter plant will have annual capacity to deliver filter modules capable of removing 3 million tonnes of CO2 per year (equivalent to three 1 Mt/year plants). Its technology is being deployed at pilot and demonstration scale, including a 1 tonne-per-day CO2MENT pilot with LafargeHolcim and TOTAL in Richmond, a 30 TPD demonstration completed in Lloydminster, and a 25 TPD plant under design at Chevron near Bakersfield. The company has attracted more than USD$195 million in funding since its founding in 2007. The article highlights Svante’s World Headquarters, R&D and engineering test center in Canada and emphasizes the role of its technology in decarbonizing emissions-intensive industries like cement and large-scale hydrogen production. Svante develops a solid sorbent carbon-capture solution that captures CO2 directly from industrial sources for safe storage or industrial reuse. The company says its technology can achieve capture at less than half the capital cost of existing engineered solutions. Svante plans to use new growth capital over the next three years to support several commercial-scale carbon capture facilities targeting hard-to-abate sectors such as cement manufacturing, blue hydrogen production and natural gas boilers. The company emphasizes a capital-light business model and deployment at industrial scale. Svante has attracted more than USD $150 million in funding since its 2007 founding. Its board includes Nobel Laureate and former U.S. Secretary of Energy Steven Chu and Pratima Rangarajan of OGCI Climate Investments.