Participated · Series B · Aug 2026

Smack Technologies develops military AI systems, including Omega, a decision-support platform that uses reinforcement learning and real-time computer vision to accelerate targeting and repair disrupted battle plans. The company is also building Alpha, a forearm-mounted AI display intended to replace improvised field whiteboards, and is targeting 10–20 prototype units in the next six months. Smack has secured prototyping contracts from the Joint Fires Network and the Marine Corps Warfighting Lab, jointly worth more than seven figures. It operates an Austin, Texas office focused on hardware development and has scaled headcount from 19 in April to 51, aiming for about 85 by year-end. Recent funding (a $61M Series B) is being used to expand Omega production, advance Alpha development and grow the team.

Participated · Series D · Aug 2026

Fly.io builds connected infrastructure intended to run AI agents and the applications they generate, offering real computers with durable disk drives, secure connectivity to other systems, and the ability to scale to millions of instances. The company is led by CEO Scott Johnston and is headquartered in San Francisco, CA. Fly.io serves over 37,000 customers, including more than 8,000 agent-native organizations. With the new Series D funding, Fly.io plans to accelerate its position in providing computers for agents as enterprises increasingly deploy production agentic AI applications. The company emphasizes durable storage, secure system connectivity, and high scalability as core capabilities for production workloads.

Participated · Series C · Jul 2026

Together AI is an AI neocloud founded in 2022 that offers AI-specific infrastructure and tooling to support deployment and usage of open-source models. The company says its platform has driven a tripling of open-source model usage across the industry and reports thousands of paying customers, including Cursor, Cognition, and Decagon. Financially, Together AI reported annual bookings of over $1.15 billion as of its last quarter. Its team includes co-founders Vipul Ved Prakash, Percy Liang, and Ce Zhang. Together AI has raised multiple rounds to date, including a $102.5 million Series A in 2023 and a $305 million Series B about 16 months before this Series C. The company operates amid strong VC interest in neocloud providers and infrastructure for AI model deployment.

Led · Equity · Jun 2026

Katalyst Space Technologies develops robotic spacecraft for on-orbit servicing, rendezvous and proximity operations, and space domain awareness tasks. Its Link spacecraft is complete, integrated with a Pegasus XL launch vehicle, and scheduled to attach to NASA’s Neil Gehrels Swift Observatory to raise its declining low Earth orbit. The company is also building Nexus-1, a geostationary servicing vehicle planned to launch in 2027 on an Ariane 6 to install a space domain awareness sensor on a U.S. Space Force satellite and perform additional RPOs before offering commercial services. Katalyst earned a NASA contract last September for the Swift reboost mission, demonstrating rapid development and operational progress. The company recently raised $12 million in a round led by Geodesic Capital with participation from Fortitude Ventures and other investors to fund Nexus development.

Participated · Series B · Apr 2026

Firestorm develops xCell, a shipping-container mobile manufacturing platform that uses an industrial-grade HP 3D printer to produce drone bodies and shells and assemble configurable drone systems in under 24 hours. The company sells hardware and secures government contracts across U.S. military branches, and currently has two xCell units deployed domestically (with the Air Force Research Laboratory and Air Force Special Operations Command) and additional operational use in the Indo-Pacific. Firestorm holds a five-year global exclusive with HP for use of its industrial 3D printing technology in mobile units, and noted an Air Force contract with a $100 million ceiling and $27 million obligated to date. The startup’s founders bring defense and additive-manufacturing expertise: CEO Dan Magy is a serial defense tech entrepreneur, Chad McCoy is a career special operations veteran, and CTO Ian Muceus holds multiple 3D-printing patents. Firestorm has stated plans to scale deployment and reach full operational deployment in the Indo-Pacific within roughly two years. The company has raised $153 million to date following the Series B.