Participated · Series E · Jun 2026

KOHO is an online challenger bank that offers consumer financial services and is pursuing a Schedule 1 federally regulated bank licence. Achieving the licence would allow KOHO to hold customer deposits, which management says would provide a significantly cheaper source of funding. The company has been raising equity over time and has totaled $507 million in equity capital to date, including a $40 million equity raise in 2024. The recent $130 million financing increased KOHO’s valuation to $1.33 billion. KOHO intends to use the proceeds to build its capital base and expand its product suite to meet regulatory requirements and support growth. Management has positioned the fundraising as the final piece needed to satisfy conditions for operating as a federally regulated bank.

Participated · Series D · Aug 2025

Cohere builds enterprise-grade AI and large language model capabilities with a platform designed for deployment across public clouds, private environments, and on-premises infrastructure. The company has raised roughly $1.6 billion from investors such as Nvidia, AMD Ventures, Salesforce Ventures, Oracle, Cisco, Radical Ventures, Inovia Capital, and PSP Investments. Cohere announced plans to merge with Aleph Alpha to create a transatlantic sovereign AI provider anchored in Germany and Canada, with deployment of the sovereign offering on STACKIT, Schwarz Digits’ cloud infrastructure. The merger and the $600 million structured financing commitment from Schwarz Group are aimed at serving governments and regulated industries seeking AI sovereignty. Both Cohere and Aleph Alpha were founded in 2019, and the combined entity is positioned to offer an alternative to dominant US-based AI providers.

Participated · Equity · Apr 2024

Pine Gate Renewables develops, owns and operates utility-scale solar and energy storage projects across the United States. The company was founded in 2016 and is headquartered in Asheville, N.C. Pine Gate has closed more than $7 billion in project financing and capital investment and its operational fleet includes over 100 solar facilities accounting for more than two gigawatts of installed capacity. It currently has over 30 gigawatts of projects in development. The company says the new investment will accelerate its work as a national developer, owner and operator of clean energy projects and position it as a national market leader. Pine Gate plans to support financing of an incremental three gigawatts of clean energy infrastructure by 2025. Pine Gate Renewables focuses on project development and strategic financing of utility-scale solar and battery storage throughout the United States. The company develops, owns and operates renewable energy-generating projects and aims to expand its national presence. Headquartered in Asheville, North Carolina, Pine Gate owns and operates over 1 gigawatt of renewable energy projects and has more than 20 gigawatts in active development. The company has raised over $1 billion in corporate and project capital financing in the past six months. Pine Gate plans to use new capital to fund construction and development of renewable energy projects and support general working capital needs. The Generate partnership is positioned to accelerate Pine Gate’s growth and market expansion.

Participated · Series A · Sep 2023

Hyperjar provides a B2C digital wallet that helps users plan and navigate their cash from deposit to spending by organising money into digital "jam jars" that can be shared and linked to brands. Customers can spend directly from jars using a debit/prepaid card or their phone; Mastercard supplies the payment services for HyperJar’s prepaid card and Modulr manages customer funds as an FCA-regulated embedded payments provider. The company also operates HyperLayer, a B2B offering that gives enterprise clients access to HyperJar’s underlying tech for transactions, rewards and consumer/social functionality. HyperLayer targets banks, asset managers, pension funds, merchants and other enterprises seeking challenger-style consumer features and new revenue streams. Hyperjar plans to use the new financing to expand operations and broaden its business reach. The company is led by CEO Rob Rooney and was co-founded by Mat Megens and Paul Rolles.

Participated · Equity · Aug 2023

TytoCare develops a clinician-grade handheld remote examination platform paired with FDA-cleared AI-powered software-as-a-medical-device algorithms to enable comprehensive remote physical exams. The company serves health systems, payers, and employer health programs and is positioning its platform for cardiopulmonary screening, oncology supportive care, and chronic disease management including CHF and COPD. TytoCare announced leadership appointments of Adam Pellegrini as CEO and Greg Orr as COO concurrent with its $25M+ growth round led by Insight Partners. The company intends to use the new capital to expand its AI algorithm pipeline, deepen integrations with health systems and payers, and accelerate go-to-market efforts. TytoCare is headquartered in New York and Netanya, Israel, and emphasizes FDA-cleared diagnostic fidelity as a competitive differentiator.