Participated · Series A · Jun 2026

Foundation Alloy commercializes a solid-state alloying technique that repeatedly smashes metal powders together to create homogeneous alloys that traditional melting processes cannot achieve. The process reportedly uses around an order of magnitude less energy than conventional melting-based alloying and enables combinations of elements with very different melting points. The company has been selling bespoke metals in small batches and is running pilots with customers in automotive, aerospace, semiconductor, defense, luxury watches, and cutlery. Early commercial products include tooling parts for automakers and parts targeted at drone supply chains within defense. Foundation Alloy says it is currently constrained by production capacity rather than demand and plans to scale to several tons per week by 2027 using proceeds from its Series A. Its technology builds on about 20 years of research led by Tim Rupert and Chris Schuh, and the company is led by CEO and co-founder Jake Guglin.

Led · Series B · Sep 2023

Sierra Space delivers satellites, spacecraft, reusable spaceplanes, hypersonic systems, propulsion solutions, and high-rate solar arrays to support critical national security and civil space missions. The company draws on more than 30 years of space-flight heritage and has participated in over 500 missions. Recent contract wins include a $450 million award to build more than four satellites for a National Security customer and an SDA Tranche 2 Tracking Layer contract worth up to $740 million to produce 18 missile-warning, tracking, and fire-control satellites. In 2025 the firm completed Critical Design Reviews for two major national security satellite programs and finished manufacturing and assembly of its Dream Chaser spaceplane, which is slated for a demonstration flight in late 2026. Sierra Space recently opened a power-station facility that manufactures high-rate solar arrays for satellite missions. The company has raised more than $2 billion in capital since 2021 and now carries an $8 billion post-money valuation following its latest round. These resources position Sierra Space to expand production capacity, secure additional defense contracts, and scale its mission-critical offerings.

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.

Participated · Series B · Apr 2021

DAIZ develops plant-based meats and fish built on its proprietary Ochiai high-pressure process that converts germinated soybeans into “miracle chips” for improved texture and flavor without additives. The company is positioning its product as part of a consumer “hybrid strategy,” supplying both domestic and international retail, distribution, food manufacturing, and restaurant customers. DAIZ has partnerships to expand its ingredient base, including a collaboration with France’s Roquette to produce a pea-based version and plans for a future “Miracle Egg” product. The company plans to use the Series C proceeds to build a new 40,000-square-foot plant in Kumamoto Rinku Techno Park, scheduled to launch in February 2025, with initial capacity of 8,000 tons in year one and eventual expansion to 20,000 tons per year. DAIZ has received backing from 33 companies, including 17 listed companies, and says the financing brought its total capital raised to ¥13.1 billion (about US$86.5 million), the largest amount in Japan’s domestic food tech industry. Management highlighted that ministry-backed loan programs enabled long-term, low-cost corporate loans that supplemented equity financing for this expansion. DAIZ develops MIRACLE MEAT, a plant-based meat substitute made from whole germinated soybeans using the Ochiai Germination Method (OGM) to boost taste, nutritional value, and nutrient absorbency while reducing beany off-flavors. MIRACLE MEAT aims to mimic the taste and texture of meat and has been adopted by multiple food manufacturers and restaurant chains, primarily in Japan. The company emphasizes sustainable protein production with lower greenhouse‑gas emissions compared with livestock, and positions its product as a solution for increasing global protein demand. DAIZ intends to expand domestic and overseas adoption of its plant-based meat and contribute to sustainable agricultural production and food supplies. Through a partnership with Mitsubishi Chemical Holdings, DAIZ expects technological synergies—particularly in food additives and emulsifiers—to further improve MIRACLE MEAT’s flavor. The company was established December 1, 2015 and is headquartered in Kumamoto‑shi, Kumamoto Prefecture. DAIZ Inc. announced a ¥1,850,000,000 Series B round on April 19, 2021. The capital was raised via a third-party capital increase (equity). The transaction included participation from a broad group of existing, new, and returning investors. Existing investors named include Ajinomoto Co., Kichiri & Co., and the Norinchukin Bank investment arm. New investors listed include Nippon Steel Trading Corporation, KANEMATSU FOODS CORPORATION, Kanematsu Corporation, ENEOS Innovation Partners LLC, Marubeni Corporation, Shinkin Capital Co., Kemuri Ventures LLC, Kirin Holdings Company, Mitsui Sumitomo Insurance Venture Capital Co., Global Brain Co., and Golden Asia Fund Venture Ltd. Returning and other participants included Mitsubishi UFJ Capital Co., Ltd., Marubeni Corporation, and QB Capital, LLC. Daiz is a Japanese startup developing plant-based substitutes for meat products. It produces plant-based meat alternatives. The company has raised ¥650 million in a Series A funding round. That amount is approximately $6 million. The round was backed by Mitsubishi UFJ Capital (Mucap). The financing was disclosed as a Series A round.