Participated · Equity · Aug 2026

Databricks operates a cloud data platform and AI products, with its core cloud data warehouse generating $1.5 billion of its annualized run-rate revenue and growing 100% year-over-year. The company reported a $7 billion annualized run-rate revenue figure while growing at roughly 80% and being cash-flow positive. Databricks launched Lakebase in June 2025, which has reached a $100 million revenue run-rate, and its AI chatbot tool Genie is described as highly popular. The company maintains a roughly 100-person AI research team and faces multi-billion-dollar cloud commitments with major hyperscalers. Databricks has been active on the M&A front, acquiring companies including Electric (PGlite) and AI cybersecurity firm Panther, and it says it plans to continue investing in AI and acquisitions while remaining open to a future IPO.

Led · Series H · May 2026

Anthropic is a premier artificial intelligence safety and research company renowned for developing Claude, a family of highly capable, steerable, and safe large language models. Founded by former OpenAI researchers, Anthropic pioneers techniques like "Constitutional AI" to build systems that are helpful, honest, and harmless. Beyond its core research, the company has rapidly scaled into a dominant market force, experiencing exponential revenue growth driven by widespread enterprise adoption. Anthropic has attracted unprecedented investor attention, recently raising approximately $30 billion at a $380 billion valuation, with ongoing negotiations potentially boosting its valuation to roughly $800 billion. As a leading competitor in the generative AI space, the company is reportedly exploring an IPO later this year.

Participated · Equity · May 2026

The Deployment Company is a joint venture controlled by OpenAI and backed by 19 investors including major private equity firms and strategic partners. It is structured to combine OpenAI’s software with the distribution and portfolio access of private equity participants to accelerate enterprise AI deployment. The joint venture was valued at $10.0 billion before the new investment and raised over $4.0 billion in the reported transaction. Named investors include TPG, Brookfield Asset Management, Advent, Bain Capital, Dragoneer and SoftBank, alongside several consultancies. The firm aims to leverage the investors’ access to more than 2,000 companies to drive adoption of OpenAI’s tools. The raise follows significant recent financings involving OpenAI and comes as competitors such as Anthropic pursue similar partnerships.

Led · Equity · May 2026

Founded in 2021 by Dr. Gundbert Scherf, Torsten Reil, and Niklas Köhler, Helsing develops defence software, drones, and broader military systems across air, land, sea, and underwater domains. The company has expanded into underwater defence capabilities and introduced Lura, a submarine detection and surveillance platform, earlier this year. Helsing holds an active €1.46 billion drone contract with the German military, reflecting significant government demand. Its valuation rose to €12 billion after a €600 million Series D in 2025, and the current fundraising would peg it at roughly $18 billion. Despite U.S. investors leading the new round, the company remains about 80% European-owned. Helsing faces growing competition from other defence and autonomous systems firms, including U.S. entrants such as Anduril.

Led · Equity · Feb 2026

Waymo develops and operates fully driverless robotaxis, offering on-demand rides across multiple U.S. metropolitan areas. Its fleet now delivers roughly 400,000 rides each week in six major cities, and the company more than tripled annual volume in 2025 to 15 million rides, surpassing 20 million lifetime trips. Having secured permits to charge for rides in California, Waymo has expanded from its original Phoenix deployment to San Francisco, Los Angeles, Austin, Atlanta, and Miami. The firm plans to enter more than a dozen additional international cities in 2026, including London and Tokyo, and is “laying the groundwork” for operations in 20+ further locations. Waymo positions itself as past the proof-of-concept stage and focused on global scale. The latest financing values the company at $126 billion and provides capital to grow vehicle supply, broaden geographic coverage, and reinforce operational infrastructure. Regulatory scrutiny remains, with U.S. safety agencies investigating recent incidents involving the fleet.