• Hermeus

  Participated · Series C · Apr 2026

  Hermeus develops hypersonic unmanned aircraft and pursues rapid prototyping and flight testing to accelerate aircraft maturation. The company has flown multiple demonstrators, including a recent demonstrator about the size of an F-16 and an earlier, smaller demonstrator, and is working on a third aircraft iteration aimed at supersonic performance. Hermeus shifted from developing an in-house engine to modifying Pratt & Whitney’s F100 engine via a relationship with RTX/Pratt & Whitney to speed testing and reduce technical risk. The startup is expanding manufacturing capabilities and hiring—its staff is approaching roughly 300 employees—to support hardware production and iterative builds. Financially, the company recently raised $200 million in equity and $150 million in debt, valuing it at $1 billion, to fund growth and continued flight-test programs.

• Stord

  Participated · Series E · May 2025

  Stord provides a vertically integrated commerce stack combining fulfillment network operations, software, and applied AI to help independent brands deliver faster, more reliable consumer experiences. The company operates nearly 100 fulfillment facilities, serves over 1,000 customers, and processes more than $15 billion in annual GMV. Stord has grown rapidly—approximately 10x revenue over the past four years—and reports its software business tripled in 2025 with new bookings more than doubling quarter over quarter in Q1 2026. The company employs over 4,000 people with more than 200 dedicated to software engineering, product, data science, and physical infrastructure, and has completed eight acquisitions. Stord is investing the proceeds of its Series F to deepen its work on physical intelligence, launching Stord Labs to develop and validate agentic AI, robotics, and advanced automation on live operational data before scaling those innovations across its network.

No current team members are available.