Led · Series B · Aug 2026

Higgsfield builds an AI-driven platform for generating and iterating short-form video, emphasizing workflows that let users repeatedly rework clips rather than producing one finished asset. The company publicly launched in 2025 and has grown to more than 15 million users across 240 countries. Its business has shifted toward enterprise marketing customers, which now comprise the majority of revenue after moving from under a quarter earlier in 2025. Higgsfield reported annualised revenue of $500 million, up from roughly $200 million at the end of 2025. The team was founded in 2023 by Alex Mashrabov—who previously sold AI Factory to Snap and led generative AI there—alongside CTO Yerzat Dulat and co-founder Mahi de Silva. Management says future investment will prioritize enterprise product development, security, and scaling compute capacity to meet video-generation demand.

Participated · Series C · Aug 2026

Lovable is a vibe-coding startup that hosts 60 million projects and attracts 900 million monthly visitors. The company reported a $500 million annualized run rate in June. It offers its own in-house trained AI model in addition to frontier model options and has increased backend capacity and technical sophistication as it has scaled. Lovable signed a multiyear deal with Google Cloud, which the company says led to a fivefold increase in usage. The startup has also invested in other European startups such as Danish company Atech. Recent funding rounds have significantly increased its valuation and capital base.

Participated · Series G · Aug 2026

Whatnot is a live commerce marketplace launched in 2019 that connects buyers and sellers through live-streamed auctions and sales. The platform has expanded from a collectibles focus into hundreds of categories, including trading cards, designer goods and fresh food. Whatnot has crossed one billion orders on its platform and has grown significantly since its Series C in 2021. The company has raised about $1.5 billion in total funding to date, culminating in the $545 million Series G that values it at $20 billion. Whatnot has faced scrutiny over gambling-like spending on the platform and says it bans raffles and lotteries and enforces seller controls. Company leadership has discussed careful management of valuation and signaled a preference to remain private as long as practical while preparing for the possibility of an eventual IPO.

Participated · Series A · Jul 2026

Proxima Fusion is Europe’s leading stellarator company and the first spin-out from the Max Planck Institute for Plasma Physics, developing commercial fusion power plants using the QI-HTS stellarator concept. The company is building Alpha, a net-energy stellarator demonstrator targeted for the early 2030s, and plans a follow-on commercial plant called Stellaris later in the decade. Proxima leads the Alpha project in partnership with the state of Bavaria, the Max Planck Institute for Plasma Physics and industrial partners including RWE, supported by an Alpha Alliance of more than 50 companies. Headquartered in Munich with offices in Zurich and Oxford, Proxima employs around 200 people across engineering, science and operations. Financially, Proxima has secured more than €650 million in funding to date, including about €95 million in public grants, and plans to expand engineering, manufacturing and magnet production capabilities as it advances toward demonstrator completion.

Led · Seed · Jun 2026

Monogram develops visual, interactive interfaces that answer user queries with generated visuals and interactive cards instead of text-only chat—for example producing interactive recipe cards with ingredient lists and step-by-step instructions. The company argues this UI approach can broaden AI adoption similarly to how graphical user interfaces opened computing to nontechnical users. Monogram launched an iOS app alongside its fundraising announcement. It was founded by Eren Bali with co-founders Edouard Tabet and Murat Akbal. Financially, the company has raised a $40 million seed round led by DST Global and Lux Capital; articles do not report revenue, users, or other operating metrics.