Participated · Series C · Aug 2026

Founded in 2021 and headquartered in Mountain View, Muon Space builds end-to-end satellite constellations by integrating spacecraft, payloads, software, operations, and data into a single Mission Foundry platform. In the first half of 2026 the company launched seven satellites, bringing its total to 11 satellites deployed across six launches with a 100% mission success record. Muon recently opened an advanced manufacturing facility in San Jose designed to produce up to 500 satellites annually by 2027 and currently has over 50 satellites in development, including 13 already manifested for launch over the next year. The company serves commercial, government, and international sovereign customers and is bringing multiple customer constellations into operation in 2026, including Vindlér® 2.0 for SNC and FireSat developed with Earth Fire Alliance and Google.org. Muon is also investing in on-orbit AI compute, advanced payloads, and real-time ultra-high-bandwidth connectivity partnerships to expand its mission capabilities.

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

FluidStack operates a two-pronged business: a marketplace that connects users with third-party GPU capacity and a network of owned data centers that serve large-scale contracts. The company reported an estimated ARR of $180.0 million for 2024, up from $25.0 million in 2023 (a 620% year-over-year increase), and counts customers including Meta and Honeywell. FluidStack began as a project in Oxford and later moved its headquarters to New York to be closer to capital and enterprise clients. It has active projects in Iceland, the U.S. (including partnerships with TeraWulf and Cipher Mining), and a planned large-scale facility in France tied to national AI initiatives. The company has pursued both equity rounds (seed in 2019, Series A in 2025, a January 2026 round) and large secured debt arrangements, including up to $10.0 billion from Macquarie collateralized by GPUs. A reported $50.0 billion contract with Anthropic is cited as the key driver for its current fundraising and valuation discussions.

Led · Seed · Jul 2026

Whering, founded in 2021, is a UK-based platform that helps users digitise their wardrobes, plan outfits, pack for travel and share styling ideas. The company reported a user base of 10 million globally at the time of the announced funding. Whering integrates wardrobe management with styling tools and aims to connect those capabilities to resale channels to promote circular and intentional fashion consumption. Following its $7 million seed round, the company plans to roll out AI-driven personalised outfit recommendations that factor in weather, mood and occasion. Product roadmap items funded by the round include image enhancement, gallery scanning to identify clothing from photos, and virtual try-on functionality. The company intends to use these features and expanded resale integrations to increase engagement and extend the lifespan of users' clothing.

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.