Led · Series A · Apr 2024

Outpost operates a network of managed semi-truck parking facilities with 18 properties and more than 8,000 parking spaces. Founded in 2021 as Semi-Stow and headquartered in Austin with an engineering hub in Seattle, the company provides secure yards, reservation and asset-management services to fleets. Outpost also runs a brokerage arm that covers 20 additional yards managed by partners and serves large fleets including Landstar, Werner, Prime Inc., FirstFleet, PAM Transport, Dot Transportation, Western Flyer Xpress, and Riverside Transport, plus over 1,500 midsized and small fleets. The company is deploying a technology platform for online reservations, driver access control, real-time and on-demand video monitoring, and usage reporting to standardize operations across a fragmented industry. Outpost plans to more than double its properties under management in 2024 through direct real estate acquisitions and by managing a $500 million industrial outdoor storage investment portfolio launched by GreenPoint. The company raised $12.5 million in Series A financing to accelerate expansion of its managed properties and technology platform.

Led · Series B · Jan 2024

Monta provides an integrated EV charging software platform that serves hardware manufacturers, operators, businesses and EV drivers, enabling deployment, use and management of charging infrastructure. The platform helps hardware manufacturers benchmark charge point brands, deliver usage and performance insights, and speed troubleshooting and maintenance. Monta reports one million monthly charging sessions and 130,000 charge points on its platform, and EV drivers can use its software to charge on 600,000+ charge points across Europe. Since its founding in 2020, the company has positioned itself as a hub for simplifying and streamlining charging operations. The company plans to double down on its ecosystem strategy by increasing product R&D investment and expanding its partner network across all markets. CEO Casper Rasmussen says Monta takes on the entire EV charging value chain, bridging the gap between energy providers and end users. Monta delivers an EV charging management platform that streamlines deployment, use, and management of charging infrastructure for charge point owners and EV drivers. The platform gives charge point owners visibility into usage, pricing, access, and transactions, while providing drivers with reservation, virtual queuing, payment features and access to public charge points. Monta counts customers in utilities, aviation and transportation such as Vestas, CPH Airport and PostNord, and supports wholesalers and installers. Since January 2022 the company has secured strategic partnerships with hardware manufacturers and launched a Powered by Monta program with partners including Garo, CTEK, ABB, Autel and Zaptec. Led by CEO Casper Rasmussen, Monta plans to use recent funding to expand into new markets including North America, consolidate in Scandinavia, the UK and Germany, ramp product innovation, and help digitalize the power grid and increase electricity market transparency. Monta provides an EV charging services platform and charge point management system built on open web standards to help operators manage access, pricing, transactions and usage. On the driver side the company offers reservation, virtual queuing and unified payment features within a single platform. Monta is also building a network to give users access to public charge points regardless of location. The company was founded in late 2020 by Anders Pedersen and Casper Holzmann Rasmussen, who started Monta out of frustration as EV drivers. Monta says the new capital will help it solidify its position in five active markets and expand into two new European markets later this year. Since founding the company has now raised a total of €20 million.

Participated · Series D · Aug 2022

OpenSpace provides jobsite capture and AI-powered analytics that stitch 360° camera and LiDAR scans to create a digital twin pinned to floor plans, typically making capture available in about 15 minutes. The system integrates into standard construction workflows, enabling remote coordination, reducing travel and miscommunications, and providing a historical record of projects. The company has expanded capture capabilities beyond 360° imagery to include 3D scans from LiDAR‑enabled iPhones and iPads and introduced ClearSight Progress Tracking to classify and quantify materials and percent complete. Since founding in 2017, customers have used OpenSpace on more than 14,000 jobsites and the platform has captured over 10 billion square feet of jobsite imagery. Led by CEO and co-founder Jeevan Kalanithi, OpenSpace plans to use new funds to continue scaling the business and develop additional AI-powered technologies. The company also recently added Alan Henricks as an independent board director alongside its existing board members. OpenSpace is described as a global leader in 360-degree jobsite capture and AI-powered analytics for construction. Its core product lets builders attach an off-the-shelf 360° camera to a hardhat, upload video to the cloud, and uses computer vision to stitch images and pin them to floor plans, creating a single source of truth. The company has expanded its offerings to include ClearSight Progress Tracking, the freemium OpenSpace Basic, and 3D Scan for LiDAR-enabled iPhones and iPads. OpenSpace reports usage on over 10,000 jobsites, with more than 500 started in the last month and over 7 billion square feet of imagery captured. Revenues have doubled or tripled each year since its 2017 founding. The company says it will continue scaling the business, widen its international footprint, and develop additional AI-powered technologies to meet growing demand. OpenSpace provides a 360° construction photo documentation and analysis platform that combines simple 360° cameras, computer vision and AI to capture complete visual records of jobsites. The platform stores imagery in the cloud to share progress and track work across projects. Customers have used the platform to capture more than four billion square feet of imagery from active construction projects across thousands of sites in over fifty countries. The company was founded in 2017 by CEO Jeevan Kalanithi and is headquartered in San Francisco, California. OpenSpace plans to expand its ClearSight analytics suite into areas such as safety management and quality control and to accelerate international expansion. Financially, the company recently raised $55M in a Series C to support these initiatives. OpenSpace provides a solution combining 360° cameras, computer vision, and AI to capture, organize, and analyze complete visual records of construction jobsites. Builders attach a small 360° camera to their hardhat, mark a starting point in the OpenSpace app, walk the site, and the software automatically captures, uploads, pins imagery to floorplans, and stitches images without manual input. Users can virtually walk through sites, track changes over time, add notes and change requests, and compare site photos side-by-side with BIM using the ClearSight analytics platform. Founded in 2017 and led by CEO Jeevan Kalanithi, the company has projects in 30 countries and customers have used the platform to capture over a billion square feet across thousands of active construction sites. Customers include Capital One, JLL, Lee Kennedy, Suffolk, and Tishman Speyer. The company raised $15.9M in Series B funding to meet demand for its remote construction technology and ClearSight analytics platform. OpenSpace is an AI-powered construction tech company that automatically creates navigable 360° photo representations of job sites. Builders attach an off-the-shelf 360° camera to their hardhat and walk the site; OpenSpace handles image capture, uploads the data to the cloud, maps images against site plans, organizes them and stitches them into a navigable photo representation that can be compared over time. The company leverages algorithms and computer vision to map and organize imagery against site plans and build a dataset of site visuals. OpenSpace plans to use new funding to scale operations, expand sales and marketing, and develop additional computer-vision-powered products that leverage its dataset. Founded in 2017 by Jeevan Kalanithi and based in San Francisco, the platform is deployed on projects exceeding $50B in total value in the United States and around the world. The company recently raised $14M in a Series A to support these initiatives.

Participated · Seed · May 2022

CYCLE offers a vehicle-as-a-service model focused on cargo e-bikes for last-mile delivery, bundling subscription, repair and durable components to support a circular economy. The company serves delivery and courier customers and is already active in over 40 German cities and markets including Austria, Italy, Poland and the Netherlands. Customers include Just Eat Takeaway.com, Wolt, Flink and Gorillas/Getir, and CYCLE is building partnerships in pharmaceutical and parcel delivery sectors. Founded in 2018, the business pivoted from providing e-scooters to hotels to an all-in-one package for delivery services during the pandemic. With its own e-bike development and a pan-European service network, CYCLE aims to make cargo e-bikes more accessible and ensure uninterrupted fleet performance. The company plans further European expansion, including into the UK, to grow its fleet and win new customers in mail, parcel and other delivery segments. GetHenry provides enterprise-grade electric utility bikes, on-demand maintenance, financing and fleet management software to couriers and logistics firms. The company supplies fleets to customers including Gorillas, Flink and JustEatTakeaway.com and currently operates in Germany, Austria, Italy and France. Subscriptions average around €100 per month depending on country, and the bikes are German‑engineered and manufactured in partnership with a French e‑bike maker to handle roughly 80 kilometers per day with parcel loads. GetHenry offers round‑the‑clock maintenance and up‑to‑the‑minute vehicle data to customers. The startup plans to broaden its product portfolio to include cargo bikes and electric mopeds. It recently raised capital to support expansion and product diversification across Europe.

Participated · Series B · Mar 2022

Skyports is a London-based company that designs, builds and operates take-off and landing infrastructure for air taxis and operates electric drones. It partners with eVTOL vehicle manufacturers to enable cargo and passenger flight operations in urban and suburban environments. The company is led by CEO Duncan Walker and runs two business lines: Skyports Infrastructure and Skyports Drone Services. Skyports raised £88.6M in a Series C to support developments across both businesses. Skyports Infrastructure will use the funding to build vertiports, supporting a tripartite agreement with Dubai's Roads and Transport Authority and Joby Aviation ahead of air taxi launches in Dubai by 2026 and other markets. Skyports Drone Services will expand recently launched offerings including offshore energy asset deliveries, medical deliveries, linear asset inspections and water quality monitoring. Skyports is a London-based provider of advanced air mobility infrastructure and drone services that builds and operates take-off and landing infrastructure for eVTOL passenger and cargo vehicles. The company partners with vehicle manufacturers to enable safe, sustainable, and efficient flight operations in urban and suburban environments. Skyports also runs drone services operations and has active operations across the U.K., Europe, and Asia. The firm raised new capital to consolidate its position in AAM infrastructure and drone operations markets. Management said the funding will enable scaling of drone services in new and existing markets and help build the air taxi ecosystem alongside vehicle partners. The company emphasizes technology development, regulatory engagement, and operational experience while pursuing emissions reductions by using drones for a range of customers. Skyports is a London-based urban air mobility (UAM) infrastructure provider that secures, designs, builds, owns and operates vertiports and runs end-to-end cargo drone delivery services. It works with electric vertical take-off and landing (eVTOL) passenger and cargo vehicle manufacturers to enable safe and efficient flight operations in urban and suburban environments. The company develops and operates cargo drone deliveries across the medical, e-commerce and logistics sectors and has projects in Europe, North America, Asia and Africa. Skyports raised an extension to its Series A that now totals £6m. It plans to use the funds for site acquisition for passenger and cargo vertiports in cities including Singapore and Los Angeles and to expand its team to fully commercialize its urban and rural drone delivery services. The company is led by CEO Duncan Walker. Led by CEO Duncan Walker, Skyports builds and operates critical infrastructure for urban air mobility and manages end-to-end drone deliveries. The company works with eVTOL passenger and cargo vehicle manufacturers to secure, design, build, own and operate vertiports for safe, efficient flight operations. Skyports develops, implements and operates cargo drone deliveries for medical, e‑commerce and logistics sectors, addressing inefficiencies in traditional transport. It has projects operating across Europe, North America, Asia and Africa. The company intends to use new funds to acquire passenger and cargo vertiport sites worldwide and to further develop its drone delivery business. Skyports also plans to expand its team to pursue full commercialisation of its delivery services.