Participated · Series C · Jun 2026

Founded in 2019 by David Reger in Metzingen, Germany, NEURA Robotics builds ‘cognitive’ robots that can see, hear, sense their surroundings and learn from experience. The company integrates sensors, AI software and robotic hardware into single devices, likening its machines to a “smartphone with arms and legs.” In addition to hardware, it offers the Neuraverse software platform, which enables the safe deployment and interaction of intelligent robots with humans. NEURA serves both industrial and consumer markets and has disclosed nearly $1 billion worth of purchase orders from customers such as Kawasaki Heavy Industries and Omron. Management is focused on accelerating humanoid robot development and scaling production capacity. Financially, the firm previously secured €120 million in January 2025 and is now pursuing a much larger raise to fund expansion. If successful, the new round could push the company’s valuation to approximately €4 billion.

Led · Series B · Nov 2022

Kyte operates an on-demand car-delivery and flexible rental service through iOS, Android and web apps, dispatching drivers (“Kyte Surfers”) to deliver and retrieve vehicles at customer-chosen times and locations. The company is currently operational in over 12 markets and since 2022 has grown sixfold and expanded to 12 more markets across the U.S. Kyte sources all vehicles directly from manufacturers and disposes of vehicles through the same channels as its peers. Since 2022 the company has raised over $100 million of equity capital. The recent financing is intended to accelerate fleet growth and improve the company’s path to profitability by improving economics and structural efficiencies. Kyte was founded in 2019 and is based in San Francisco, CA, with offices in Munich, Germany, and satellites across the globe. Kyte operates an app- and web-based service that delivers cars on demand for trips longer than a rideshare, available for hours, days, weeks or months. Customers can book via iOS, Android or the website. The company plans to use new capital to triple its current fleet, expand in new and existing markets globally, and create new offerings as alternatives to car ownership. Kyte was founded in 2019 by Nikolaus Volk, Ludwig Schoenack, and Francesco Wiedemann. It is operational in more than 14 cities, has offices in Munich and satellites globally, and employs about 100 people. Financially, Kyte raised a $60M Series B and has roughly $300M in total funding across equity and debt. Kyte operates an on-demand rental car service that delivers vehicles to customers’ doors using driver partners called “Kyte Surfers” who drop off and pick up cars. The company is currently active in 13 U.S. markets and is launching in Portland, Oregon this week. Kyte plans to use a $200 million asset-backed credit financing from Goldman Sachs and Ares Global Management to purchase new vehicles and expand its fleet to around 10,000 vehicles over the next year. While its current fleet appears to be largely conventional models such as Nissan Versas, Toyota Corollas and Hyundai Tucsons, Kyte says it wants to prioritize electric vehicles and cars with advanced driver assistance systems in the future. The startup has discussed testing teleoperated delivery and raised a $30 million Series A last October as part of its longer-term goal to build platforms capable of teleoperation or autonomous systems. Kyte’s strategy emphasizes improving unit economics and proving the current model before integrating teleoperations or autonomous technology at scale. Kyte operates a fleet-logistics platform that lets customers order rental cars delivered to their doors and manages vehicles from partners, commercial fleets and some direct leases. The company uses "cloud parking infrastructure" — low-cost, unbranded dark parking lots optimized for delivery operations — with roughly one lot per city and multiple lots in larger markets. Kyte currently operates in nine U.S. cities, including Boston, Chicago, Los Angeles, Miami, New York City, Philadelphia, San Francisco, Seattle and Washington, D.C., and plans expansion into new cities, countries and verticals. Near-term product focus includes business-travel use cases and longer-term rentals/subscriptions up to 12 months; longer-term strategy is to build a fleet operating system able to support teleoperated and autonomous vehicle delivery. Kyte says it is not building teleoperation or autonomy hardware/software itself but is in advanced conversations to partner on pilots and plans to begin testing teleoperated delivery in 2022 with a small subset of fleet in one or two markets by 2023. The company reports seven-figure monthly revenues that grew about 10x last year while it doubles down on technology and unit-economics before wider autonomous integration. Kyte built a fleet-logistics platform that lets consumers rent vehicles through its app or website and have cars delivered and picked up at their doorstep by gig workers. The company partners with car rental firms and fleet managers so it can focus on consumer-facing technology rather than owning and maintaining large fleets. Kyte was founded in late 2018 and launched its first services in February 2019, and it currently operates in San Francisco, Los Angeles and Boston while planning expansion starting with Washington, D.C. The startup said it is generating a "solid six-figure" amount of monthly revenue and that monthly revenue has grown 400% since March. More than half of Kyte's bookings come from recurring users, and the service has attracted enthusiasm from large rental companies looking to deploy vehicles outside airports. The founders came from BMW, McKinsey and Uber and position Kyte as an operations layer for future mobility shifts.

Led · Series B · Jun 2022

Founded in 2017, Bicycle Health provides confidential, clinically-validated Medications for Addiction Treatment (MAT) and integrated behavioral health via telemedicine for opioid use disorder. Its core offering includes online suboxone treatment and customized care plans delivered by medical providers, behavioral health clinicians, and clinical support specialists. Services are available in over 20 states and include synchronous and asynchronous access to care teams, same-day prescription refills, peer support groups, psychotherapy, and regular in-home diagnostics testing. Bicycle Health also provides referrals to primary care and community support services to address social determinants of health. The company raised additional capital to accelerate expansion of its telehealth OUD treatment, extending its Series B financing. The new injection brings total funding to date to $83M. Bicycle Health provides virtual opioid use disorder (OUD) treatment using a Medications for Addiction Treatment (MAT) model. The company delivers nationally distributed virtual care and has expanded into its 25th state, Delaware, serving over 15,000 patients. Bicycle reports its care has reduced OUD symptoms and saved the healthcare system more than $1.1 billion. It intends to use new funding to grow clinical and technology teams, advance its virtual care platform, expand access through strategic partnerships, and develop research into the efficacy and outcomes of its virtual MAT model. Founded in 2017 by CEO Ankit Gupta, Bicycle continues scaling its virtual treatment offering. Bicycle Health provides Medications for Addiction Treatment (MAT) and integrated behavioral health support delivered virtually for opioid use disorder. The company creates customized treatment plans delivered by medical providers, behavioral health clinicians and clinical support specialists. Services include synchronous and asynchronous access to care teams, same-day prescription refills for medication management, peer support groups, psychotherapy and regular in-home diagnostics testing. Bicycle also offers referrals to primary care and community support services to address social determinants of health and is available in over 20 states. The company announced national in-network insurance coverage from UnitedHealthcare, Aetna, and Medicare and Medicaid in select states to improve affordability. It plans to use the new capital to expand its clinician network, partner with additional payers, invest in research and build local community partnerships to reach patients without other treatment options. Bicycle raised $27M in Series A financing to support these initiatives. Bicycle Health provides virtual treatment for opioid use disorder, combining buprenorphine prescriptions with a team of health coaches and in-home diagnostic testing delivered through its mobile app. The company shifted from an initial clinic in Redwood City, California to remote care as COVID-19 and new HHS regulations expanded access to telemedicine. It currently treats roughly 2,000 patients with three health coaches supported by 12 clinical support specialists and is operating in 18 states. Bicycle Health partners with GoodRx to lower out-of-pocket medication costs for uninsured patients and works with local and national providers to subsidize care. The company plans to expand availability to 25 states by the end of the first quarter of 2021. Founded/launched in 2017, Bicycle frames its mission around creating a safe, scalable space for addiction treatment rather than applying a "move fast" mentality to healthcare.