Participated · Seed · Sep 2025

Space DOTs develops SKY-I, a software platform (backed by its own payload hardware) that generates proprietary in-orbit environmental data and fuses it with external sources for real-time attribution, nowcasting, and forecasting of orbital threats. The company owns both its hardware and software and says its decentralized software design improves resilience and scalability for future cislunar and multi-orbit operations. Space DOTs focuses on commercial and defense customers and on threats rather than only forecasting or space weather. The startup is already capturing data from its payload and plans additional data from future launches as it readies technology for upcoming space missions. Founder Bianca Cefalo launched the company in 2022 after decades in the industry, including work on NASA’s InSight mission and projects at Airbus Defence and Space. Financially, Space DOTs announced a $1.5M seed round and has now raised $3.2M in total. Space DOTS builds a smartphone-sized payload, the Barnacle DOT, that performs active testing of advanced materials in orbit and can rideshare on a variety of launchers. The Barnacle DOT is modular and scalable and is designed to reach any orbit, enabling testing beyond microgravity. The company has also developed an end-to-end logistical portal to accelerate on-orbit qualification of materials. Space DOTS says its solution reduces the time and expense of bringing materials for space technologies to market and intends to commercialise for the global space industry. The team is led by CEO Bianca Cefalo and CTO James Sheppard-Alden and is already working with customers including specialist materials supplier Goodfellow Cambridge. The company is based in London, UK and recently completed a pre-seed fundraise.

Participated · Series B · Apr 2024

enechain provides eSquare Live, an online marketplace where market participants can buy and sell electricity, fuels, and environmental value products. The platform has handled more than ¥3 trn in cumulative wholesale electricity transactions, and its screen‐based trading volume via eSquare Live grew more than 25× year-on-year. To reduce counterparty and settlement risk, the company runs joint ventures eClear (with MUFG Bank) for power-trade clearing and eXstend (with Sumitomo Mitsui Financial Group) for fuel-price hedging. Following its latest financing, enechain’s paid-in capital has reached roughly ¥10 bn and group-wide funding now totals several hundred billion yen. The new capital will be used to upgrade eSquare Live to global-class UX and reliability standards, aggregate additional products and data, deepen ecosystem integrations, and embed advanced AI capabilities through a newly created AI lab. The company will also invest heavily in cybersecurity and consider M&A to accelerate energy-sector digital transformation.

Participated · Equity · Jul 2018

ThetaRay is an Israeli startup that offers an AI-based AML platform branded Sonar, which automatically scans and flags illicit transaction activity across a range of financial flows. Its product is applied to multiple contexts including correspondence banking to detect complex laundering schemes. Named customers include Santander Bank and Travelex, alongside other large corporates and fintech startups. The company has seen rapid commercial growth: its customer base grew ten-fold in the last year and annual recurring revenue grew five-fold. ThetaRay plans to continue scaling in fintech and corporate payments and has said it intends to pursue a public listing when market conditions are more amenable. It has raised around $160 million to date and is using the latest funding to extend runway and scale the business. ThetaRay Ltd. disclosed a $31 million financing round announced May 18, 2021. The round was co-led by new investor Benhamou Global Ventures LLC and existing investor Jerusalem Venture Partners. Additional participation came from new investor Saints Capital Services, LLC, existing investor OurCrowd Ltd., Bank Hapoalim B.M., and other investors. Benhamou Global Ventures LLC and Saints Capital Services, LLC were appointed observers to ThetaRay's board. The company has raised more than $90 million in funding to date. The articles do not provide details on ThetaRay's core product, future plans, or operating metrics. ThetaRay provides machine learning and AI-driven analytics to help financial institutions detect the earliest signs of money laundering and other financial crime. Its technology is based on patented algorithms developed by mathematicians over more than a decade and can detect anomalies in real time. The platform is used to manage risk, detect money-laundering schemes, uncover fraud, expose bad loans, surface operational issues and reveal new growth opportunities. The company completed an over $30m funding round and has raised more than $60m in total to date. ThetaRay intends to use the capital to expand its presence in Europe, Asia and the US, increase its workforce and scale operations. The company is led by CEO Mark Gazit and is based in Hod HaSharon, Israel. ThetaRay develops hyper-dimensional, multi-domain big data analytics to detect subtle, previously hidden signs of cyber threats across multiple data sources. Its technology is designed to protect physical infrastructure, financial contracts and other critical assets by identifying abnormal behavior that indicates attacks. The company traces its core algorithms to seven years of academic research by founders Professors Amir Averbuch and Ronald Coifman. ThetaRay is led by CEO Mark Gazit and a team with deep cybersecurity and big-data experience, including CTO Daphna Steinmetz and VP of product marketing Udi Solomon. The company says it is approximately one year old, with ten years of underlying research, employs about 20 people and expects to double headcount; it has a small but steadily increasing number of customers, including very large organizations. ThetaRay plans geographic expansion (opening a U.S. office) and to move into additional verticals such as telecom and healthcare. ThetaRay is a Jerusalem, Israel-based provider of solutions to protect critical infrastructure. It was founded by Prof. Amir Averbuch of Tel Aviv University and Prof. Ronald Coifman of Yale, and is led by CEO Mark Gazit. The company’s core product detects Zero Day threats and APT attacks, covert hostile operations that customize methods to their mark using malicious code and technical skills that are difficult to detect. ThetaRay’s solutions have been deployed by large commercial entities, government, and homeland security organizations in Israel and around the world. The company received an investment from Poalim Capital Markets; the amount of the transaction was not disclosed. ThetaRay had previously received investments from JVP and GE.

Participated · Series B · Feb 2018

Morphisec offers an endpoint protection service that uses a moving target defense technique to continually change system security parameters and thwart cyberattacks. The approach enables a form of zero-trust defense that reduces the need for deep security expertise among employees. Morphisec automates security and works to augment existing security tools, including a partnership to make Windows 10 security features easier for clients to use. The company says it is currently protecting 7 million endpoints. Demand has grown during the pandemic as mid-sized companies accelerate cloud migration and digital transformation. Morphisec plans to use its latest funding to expand its team in the U.S. and Israel, positioning to scale support and deployment for mid-market customers. The product aims to lower both the cost of security tools and the expense of recovery after attacks by blocking threats proactively. Morphisec is a Be’er Sheva, Israel-based company led by CEO and president Ronen Yehoshua. It provides an Endpoint Threat Prevention product built on patented Moving Target Defense technology. The platform is designed to prevent APTs, zero-days, ransomware, evasive fileless attacks and web-borne exploits. The company raised $12m in a Series B funding round. Morphisec intends to use the funds to continue to grow its customer list, partner ecosystem and headcount. Investors named in the round include Orange Digital Ventures, Jerusalem Venture Partners, GE, Deutsche Telekom, La Maison, Portage Partners, OurCrowd, Kodem Growth Partners and Evolution Equity Partners. Morphisec develops a patented suite of security defense tools that protect enterprises against targeted and zero-day attacks by turning attackers’ tactics back on themselves. Led by CEO Ronen Yehoshua, the company intends to use new funding to launch its flagship product and accelerate marketing and sales growth in North America and Europe. Morphisec was launched in 2014 in JVP Cyber Labs in Be’er Sheva and is based on patented technology originating from Ben-Gurion University of the Negev. The company has been operating in stealth and will come out of stealth in the fourth quarter of 2015. Financially, Morphisec closed a $7M Series A to support product launch and expansion.

Participated · Series D · Dec 2017

Founded in 2013 and headquartered in Redwood City, CA, Carbon offers an integrated platform of Digital Light Synthesis (DLS) 3D printers, proprietary resins, and design/automation software that lets customers manufacture end-use polymer components at scale. The company’s technology is deployed across multiple industries, evidenced by millions of 3D-printed adidas footwear components, football helmet pads that have topped NFL/NFLPA safety tests for six consecutive years, and hundreds of thousands of cycling saddles for brands such as Fizik and Trek. In the dental market, customers print millions of custom parts per week, and Carbon printers have been ranked the most reliable by the National Association of Dental Laboratories for the past six years. Carbon continues to launch new hardware, materials, and flexible software tools, including a recently released flexible partial denture material. Management reports rising production volumes and efficiency gains that have the business on the verge of cash-flow-positive operations. The fresh capital will be used to expand manufacturing capacity and accelerate its product roadmap, reinforcing its position as a leader in digital manufacturing.