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 · Debt Financing · Sep 2025

Netomnia is a wholesale fibre operator building a capital-efficient full-fibre network across the UK. Together with YouFibre and Brsk it currently has 2.7 million premises serviceable and 375,000 premises connected, and it reports a one-million-premises annual build rate. The group is on track to reach three million premises serviceable by the end of 2025 and five million by the end of 2027. Netomnia says it is backed by over £1.6B in funding and has achieved positive EBITDA. Its stated mission is to connect millions more homes and businesses and to become the UK’s most scaled and capital-efficient retail, wholesale, and consolidation platform. Netomnia is developing full-fibre infrastructure to deliver multi-gigabit broadband to underserved towns and cities across the UK, selling wholesale connectivity to service providers including YouFibre. YouFibre is a full-fibre broadband provider offering packages up to 10 Gbps and retail plans starting from £22/month. The Group has passed more than 130,000 premises since rollout began in 2020 and says it can deploy swiftly through partnerships with major UK construction companies. Netomnia targets one million residential and business premises passed by 2023 and is focused on rapid scale-up of its multi-gigabit network. The companies emphasize a scalable operating model and agile deployment to expand coverage and deliver future-proof fibre connections. Capital from the recent funding is earmarked to support continued network rollout and meeting the Group’s expansion targets.

Participated · Equity · Apr 2025

1NCE offers a cloud-based software platform for connected products and connectivity, managing 30 million devices for more than 24,000 customers across 170+ countries. The company operates what it calls the world’s largest privately run IoT network in the cloud and reports endpoint availability of 99.97%. Since launching in 2018 the platform has been used to accelerate time-to-market for data collection projects and to manage devices across their lifecycle. 1NCE plans to broaden its product portfolio with a next‑generation SaaS platform and to add new AI tools and features for customers using its 1NCE OS. The company is focused on continued global expansion—having team members in 30 countries, branches in 11 countries, digital support in 25 languages, and a user base in 50+ countries—and intends to further grow its presence in the United States. 1NCE was recognized as “Best Innovation in the Internet of Things” at the 2024 SaaS Awards and recently strengthened its leadership and advisory roster. 1NCE provides global cellular connectivity and software for the Internet of Things via a flat-rate offering designed to last the lifetime of a device (one-off $10 for 10 years). The company sells fast, secure, and reliable connectivity and related software services across more than 100 countries and employs about 200 staff with offices in multiple cities. 1NCE is expanding its footprint and in 2022 targeted growth to more than 140 countries (up from 104) and a 25% increase in Tier‑1 wireless operators in its network. Its next product phase centers on intelligent software connectivity and over‑the‑top (OTT) services to enable customers to develop and manage IoT solutions on the 1NCE platform. The company was founded in 2017 and is headquartered in Cologne, Germany. The article does not disclose revenue or other operating financial metrics. 1NCE is a Germany-based IoT network carrier that offers fixed-price cellular device connectivity in over 100 countries. Its core product is cloud-based IoT software paired with cellular connectivity, and it says it manages more than 10 million connections for over 7,000 business customers. The company was founded in 2017 with Deutsche Telekom as a seed-stage backer; Deutsche Telekom remains an investor and a customer. 1NCE employs more than 100 staff across cities including Cologne, Hamburg, Amsterdam, London, Rome, Paris, Warsaw and Riga. It will use the fresh capital to grow its business in the US and Asia, continue developing its cloud-based IoT software, and ramp up recruitment. The company raised $50 million in new funding from SoftBank, Deutsche Telekom and other investors.

Participated · Equity · Mar 2025

GridPoint is a Reston, VA-based energy management technology company whose platform decarbonizes commercial buildings and supports grid modernization. Its technology leverages data analytics, machine learning and intelligent automation to deliver visibility into complex building operations, reduce energy costs, optimize decarbonization, and increase resiliency. The platform is deployed in more than 20,000 commercial buildings across multiple industries, serving commercial enterprises and electric utilities. GridPoint raised capital to accelerate growth and pursue international expansion into Japan and South Korea. The company’s stated focus is on expanding deployments and driving sustainability and grid modernization outcomes for customers. GridPoint provides a data-driven energy optimization platform that captures energy and facility data to identify inefficiencies and automate controls to save money and reduce carbon emissions. Its subscription model removes upfront financial barriers, enabling quicker technology adoption and cost savings from day one. The platform connects buildings with energy grids and distributed energy resources, enabling participation in demand response programs and monetization of assets like batteries and EV chargers. GridPoint's platform is deployed in over 18,000 commercial sites and has generated cumulative energy savings of more than $873 million while eliminating 11.9 billion pounds of CO2e. The company achieved nearly a 200% increase in grid capacity under management in 2021 versus 2020, driven by rising energy costs, grid reliability issues, and extreme weather. GridPoint is expanding financing partnerships to meet growing demand for its platform and accelerate commercial building decarbonization. GridPoint provides a data-driven platform that connects energy grids with the built environment and behind-the-meter distributed energy resources to optimize energy use and sustainability goals. Its technology leverages data analytics, intelligent automation and machine learning to deliver visibility into building operations, reduce energy costs, maximize decarbonization, and increase resiliency. The platform enables integration of grid-interactive assets such as EV chargers, generators and storage. GridPoint’s software and services are deployed in more than 15,000 commercial buildings across multiple industries. The company plans to use recent capital to continue developing its technology platform and to accelerate deployment of its solutions. Funds will also support investments in sales, marketing, delivery and customer success to drive growth and grid modernization impact. Gridpoint provides design, build and installation services for energy tracking and management systems aimed at companies and government agencies seeking to cut costs and reduce consumption. The company has developed a specialty in sourcing solar and other clean‑tech equipment from domestic suppliers to qualify for federal and state subsidies, rebates and grants. Gridpoint has pursued growth through acquisitions in the smart‑grid space and won a $28 million contract with the United States Postal Service to install energy management systems in selected post office locations. In October 2010 the company appointed John B. Spiritos as CEO. The recent SEC filing shows Gridpoint raised another $23.6 million, intended to fund its energy system work, though specific deployment plans were not detailed in the filing. No revenue or user metrics were disclosed in the article.

Participated · Series B · Apr 2024

Kode Labs develops KODE OS, a data-centric operating system and SaaS smart building platform that integrates building management systems, IoT, and operational systems into a unified cloud solution. The platform is designed to optimize building performance, reduce energy usage and carbon emissions, and streamline costs associated with multiple tracking and reporting platforms. Kode Labs delivers its technology via a software-as-a-service model. Founded in October 2017 by Edi and Etrit Demaj and Gentrit Gojani, the company has partnered with customers including QuadReal, Bedrock Detroit, Stream Realty, Hines, Ford and other global corporations and REITs. The company intends to use new funding to accelerate expansion and increase market share. It is based in Detroit, Michigan. Kode Labs delivers KODE OS, a cloud-native smart building operating system offered via a software-as-a-service (SaaS) model that integrates diverse building management and operational systems. The platform is designed to standardize and optimize building performance, reduce energy use and carbon emissions, and automate operations. Since launching, the company has partnered with notable customers including QuadReal, Bedrock Detroit and Stream Realty. Kode Labs was founded by brothers Edi and Etrit Demaj in October 2017 and is based in Detroit, MI. The company intends to use new funding to continue investing in research and development. The articles do not disclose revenue or user metrics.