Led · Series B · Dec 2025

Founded in 2019 and headquartered in Sterling, Virginia, Heven AeroTech develops and manufactures hydrogen-powered unmanned aerial systems (UAS) that dramatically extend mission endurance. Its flagship Z1 platform flies for more than 10 hours and can cover over 600 miles, providing energy-independent capability for military, public safety, and commercial customers. The company is now valued at $1 billion following its latest financing, underscoring surging demand from U.S. Special Operations Command, combatant commands, and allied forces. Capital from the raise will expand U.S. production capacity, build hydrogen generation and logistics infrastructure, and embed quantum-secure communications, navigation, and AI autonomy into upcoming models. A new quantum-focused engineering division—formed through a strategic partnership with IonQ—will drive these advanced capabilities. Management positions the firm to deliver resilient, long-range systems tailored for contested, GPS-denied environments. No revenue or user figures were disclosed in the announcement.

Participated · Series C · Nov 2025

Classiq Technologies is a pioneering quantum-software company whose platform allows engineers to design a quantum program once and deploy it on a variety of quantum-computing back-ends. At the core of the product is Qmod, a proprietary language that automates many of the circuit-optimization steps normally performed manually, accelerating development time. The system also supports Python, giving users access to a wide range of open-source libraries, and it includes visualization and debugging tools that reduce reliance on costly simulations and let developers test performance on specific quantum chips. This hardware-agnostic approach addresses the fragmentation of today’s quantum landscape, where architectures range from ion-trap qubits to superconducting transistors. With fresh capital, the company intends to scale its international sales organization and deepen partnerships across the quantum ecosystem. Since the latest extension, Classiq’s Series-C funding now exceeds $200 million, the largest round disclosed for a quantum-software startup. No operating metrics such as revenue or user counts were reported in the article.

Participated · Equity · Oct 2025

Founded in 2016, Einride provides a full-stack solution for decarbonising freight, combining electric and autonomous heavy-duty vehicles with an AI-powered planning and optimisation platform. Its offering spans digital routing software, autonomous driving technology, one of the world’s largest electric truck fleets, and associated charging infrastructure. The company already serves shippers across North America, Europe, and the Middle East. Management positions Einride as a leader at the intersection of autonomy, electrification, and logistics, targeting faster, cleaner, and more cost-efficient freight movement. The newly announced funding will be applied to accelerate its technology roadmap, expand autonomous deployments, and grow its intelligent freight platform. The proposed SPAC deal values Einride at a $1.35 billion pre-money equity valuation, underscoring investor confidence in its growth prospects.