Participated · Series C · Aug 2026

Battery Smart operates a battery-as-a-service platform that lets EV drivers swap depleted batteries for charged units in minutes, reducing vehicle downtime and upfront costs. The company serves primarily last-mile delivery and passenger mobility segments and partners with local operators to run its stations. It currently runs more than 1,600 partner-led stations across 50 cities. Battery Smart plans to expand its BaaS infrastructure and network of partner stations, with the recent debt funding intended to accelerate that roll-out and improve access for gig workers and fleet operators. The startup has raised about $192 million to date, including a $65 million Series B and a $29 million extended Series B. Financially, the company reported a 52% year-on-year increase in operating revenue to Rs 249 crore in FY25 and stated it has reached operating break-even and become EBITDA positive.

Participated · Seed · Feb 2026

Spun out of the NECSTlab at Politecnico di Milano and accelerated by Bocconi 4 Innovation, GenoGra is building the first pangenomic analysis platform designed to streamline population-scale genomics. Its proprietary high-performance software leverages pangenomic graphs and interactive visualisation tools to deliver faster, more precise insights, drastically cutting analysis times. The company’s initial go-to-market focuses on non-human segments—agrifood, animal health, energy and industrial microorganisms—where advanced genomic solutions have historically been scarce. GenoGra’s top-down approach allows researchers to compare large cohorts, pinpoint shared genetic variants and link them to observable traits, opening new doors for biomarker discovery and precision medicine. The €1 million pre-seed financing will fund the commercial launch in non-human markets, drive product-market fit, and support certification and validation for future human health use cases. The startup is currently running pilots with universities, research centres, hospitals and industry players, and plans to expand its team significantly by 2026.

Led · Series B · Oct 2025

Founded in 2022 by former executives of Tesla and Rappi, Vammo operates a subscription-based electric motorcycle rental service targeting app delivery drivers and motoboys. Its plans offer monthly or annual subscriptions that include unlimited battery swaps and vehicle maintenance. Vammo currently reports more than 7,000 motorcycles in circulation and about 600 battery-swap points in São Paulo. The company’s vehicles are manufactured in the Zona Franca de Manaus. Vammo has raised multiple rounds since inception, including a 2022 Seed led by Construct Capital (US$8.5M), a late-2023 Series A led by Monashees (US$30M), an October 2025 round led by Ecosystem Integrity Fund (US$45M), and the recent R$75M investment led by EXT Capital. The latest funding is earmarked to expand fleet size and the battery station network in São Paulo, with an ambition to triple its local fleet.

Led · Series A · Apr 2025

Glacier develops low-cost robotic arms guided by computer vision to identify over 30 material types and automate sorting at materials recovery facilities (MRFs). Its robots have been deployed in San Francisco, Los Angeles, Chicago, Detroit, Phoenix and Seattle. The company offers robots as outright purchases or via lease-to-own, and provides training, spare parts and maintenance packages to customers. Glacier also sells a data product that gives MRFs, consumer-products companies, and government agencies insights into the waste stream and recycling performance. The startup, described in the article as six years old, plans to expand its robot fleet to more municipalities to address labor shortages and improve recycling rates. Financially, Glacier recently closed a $16 million Series A to support that expansion. Glacier is a Bay Area recycling robotics startup whose core products are a sorting robot deployed in recycling facilities and an AI scanner that tracks materials and packaging fate. Amazon is piloting the AI scanner to understand what happens to packaging after it reaches consumers. The company says it works with customers in 10 states and is forming partnerships with brands, Fortune 500 companies, and government agencies. Glacier has collaborated with the City of Phoenix and received a grant from the Michigan Department of Environment to support further deployments. Co-founders include CEO Rebecca Hu and Areeb Malik. The startup recently closed a new $7.7M funding round co-led by Amazon and NEA. Glacier builds compact, low-cost recycling robotics and automation systems designed for space-constrained sorting facilities. The company emphasizes three advantages—low cost, small size and easy install—and has conducted pilots and deployed its first commercial system at a facility in Los Angeles. Founded in 2019 and operating in stealth until the announcement, Glacier’s team combines AI and robotics engineers with founders Areeb Malik (formerly a software engineer at Facebook) and Rebecca Hu (formerly at Bain & Company). The team’s experience includes self-driving excavators and forklifts, extraterrestrial mining robots, humanoid disaster-response robots and AI models for medical detection. Glacier has opened preorders for its first commercial system and plans to use new funding to increase headcount and accelerate commercial deployment. The company positions its product as an alternative to larger, more expensive systems in the recycling space.

Participated · Series A · Mar 2025

BetterFleet offers a SaaS platform for mission-critical transit, government, utilities, and logistics fleets that uses advanced AI and digital twin technology to support fleet planning, procurement, implementation, and operations. Its platform helps fleets select the right vehicles and infrastructure, keep assets ready for service, minimize operating costs, and capture data-driven insights for continuous performance improvement. The company is led by CEO Daniel Hilson and is the new brand name of EVenergi. BetterFleet is used by more than 200 fleets worldwide. The company raised $15M to support its growth. It intends to use the funding to accelerate expansion of its user base across Europe, Asia-Pacific, and North America. Evenergi builds the BetterFleet platform, an intelligent software solution that helps organizations plan and manage transitions to zero-emission vehicle fleets with a data-driven approach. BetterFleet offers a single platform for fleet operators to plan, manage, and accelerate electrification while reducing costs and risks. The company markets the platform across the United States, Europe, and Asia Pacific. Evenergi serves over 200 complex fleets across North America, Europe, Singapore, and Australia. The company plans to use new funding to expand its North American presence through team expansion, research and development, marketing, and go-to-market activities. Founded in 2016 by Daniel Hilson and Nick Butlin, Evenergi focuses on improving financial, operational, and environmental efficiency for fleet operators. Evenergi operates the Charge Together Fleets program and a free online platform called BetterFleet to help fleet managers build business cases and procurement plans for electric vehicle (EV) adoption. The company provides a knowledge base, peer-to-peer learning, national procurement initiatives, and a webinar series to accelerate fleet electrification. Over 100 Australian fleets, including NRMA, Charles Sturt University and Ausgrid, have signed up to the program. Evenergi is also developing an Australia-wide planning tool for electricity distributors to forecast and manage EV impacts, with Ausgrid as the first user and a planned launch in early 2020. Next year it will launch a consumer-facing online platform and smartphone app to help private buyers find suitable EVs, arrange test drives, and set up home charging. The project backing Evenergi includes $469,380 in funding from ARENA and is part of a $1.05 million initiative supported by NSW and South Australian governments, Ausgrid and NRMA. Evenergi expects the program to help deliver tens of thousands of EVs onto Australian roads over the next five years.