Participated · Series B · Aug 2026

Ampaire develops hybrid-electric retrofit systems that combine electric propulsion with conventional engines for existing commercial aircraft to lower fuel burn, reduce emissions and cut airline operating costs. The company has demonstrated its technology in flight and is pursuing product certification and scaled production. Ampaire plans to use the new Series B proceeds to accelerate commercialisation, build supply chains, expand manufacturing and scale operating capabilities. It has engaged with airlines and industry partners, including participation in an IAG-run accelerator where it explored hybrid-electric auxiliary power unit (APU) solutions. Investors in the latest round include IAGi Ventures, Alaska Airlines and DiamondStream Partners. The company positions its offerings as practical retrofit options for aircraft already in service.

Participated · Seed · Jul 2024

itselectric is a Brooklyn-based company building curbside electric vehicle charging infrastructure and offering a UL-certified detachable cable charger. The company manages installation, operation, and maintenance of chargers at no cost to municipalities or building owners. Through partnerships with cities and property owners, itselectric provides drivers charging options while offering property owners monthly passive income. The startup positions its service to help cities meet decarbonization targets and actively reduce carbon emissions. It plans deployments across seven U.S. cities in 2024, including Boston, Los Angeles, Detroit, Jersey City, and San Francisco. Financially, the company has raised a total of $11.8M to date following its recent seed round. itselectric builds urban networks of Level 2 curbside EV charging posts and partners with cities to install, operate, and maintain chargers at no cost to cities or host property owners. The company’s model lets property owners earn passive income while avoiding the infrastructure upgrades typically required for on-street charging. It aims to help cities meet carbon reduction targets and reduce capital expenditure. Led by CEO Nathan King and COO Tiya Gordon, itselectric has a fully functioning prototype described as a minimum viable product (MVP). The company plans to use recent funding to move that prototype to a certified market-ready product (MRP) for on-street deployments across the U.S. Financially, itselectric completed a $2.2M pre-seed financing to support product certification and deployment efforts.

Participated · Equity · Jun 2023

Bluedot is a local Turkish startup that operates a payment platform and charge-management app for electric-vehicle consumers and corporate fleets. It was founded by Ferhat Babacan and Selinay Parlak. The app provides access to more than 120,000 charging stations in the U.S., offers cashback on automotive spending, and delivers local rewards at nearby shops and restaurants. Bluedot plans to add route optimization and home‑charging reimbursement features to its mobile app and control panel. Financially, the company launched its platform following a pre-seed earlier in 2023 and a $5 million round in June 2023, and has now received an additional investment from Revo Capital with terms undisclosed. The company aims to increase usage of EV charging networks and become a key player in the evolving EV ecosystem. Bluedot provides a charging payment and management platform for electric vehicle drivers and fleets, offering a mobile app and a card for drivers plus charging management solutions for fleets. The company works closely with fleet management companies, OEMs, and rental companies. Co‑founded by Selinay Parlak and Ferhat Babacan, Bluedot is based in San Francisco, CA. The product stack includes an app, a card and a dashboard; the Visa debit card is issued by Piermont Bank under a Visa license. Bluedot plans to expand its portfolio to include new fleet verticals and is pursuing strategic partnerships to improve EV access and simplify experiences for individual drivers and fleets. The company intends to use the newly raised funds to add advanced features such as route optimization and home charging reimbursement to its mobile application and dashboard. Bluedot issues a debit card and mobile app for EV owners and fleet managers to consolidate auto-related payments, with a focus on EV charging. The company offers a flat $0.30 per kilowatt-hour rate at participating charging stations and 20% cash back on charges at nonparticipating networks, plus 5% cash back on automotive expenses and 2% on other purchases. Users can find stations and initiate charging through the Bluedot app at roughly 60% of U.S. charging stations; the startup declined to name its charging partners. Bluedot currently serves individual drivers acquired via auto dealer and rideshare partnerships and plans to target fleets next to help manage expenses and billing. The company manually aggregates customer charging and emissions data today and intends to automate those analytics to make the service smarter and more scalable. During Y Combinator’s winter 2023 cohort, Bluedot plans to focus on growth, product development, partnership deals, and pilot tests of a Bluedot Fleet Card.

Participated · Series A · Sep 2022

Circuit provides short-trip, electric shuttle solutions and a proprietary tech platform that runs microtransit services for cities, properties and businesses. The company focuses on reducing congestion and emissions while improving access and rider experience through on-demand, tech-driven routing and operations. Circuit operates in over 40 cities and has delivered more than 9 million eco-friendly rides, moving over 1.9 million passengers in the past year and avoiding more than 1,050 metric tons of GHG emissions. In 2024 it expanded into markets including Orlando, Avalon, Boca Raton and Long Beach while growing programs in San Diego, New York, West Palm Beach, Fort Lauderdale and Huntington Beach. The company plans to use new capital to expand partnerships, enhance its proprietary technology, shorten rider wait times, add new features, and create opportunities for advertising partners. Circuit partners with municipalities, developers and advertisers to deliver turnkey, scalable last-mile transit solutions tailored to urban and property needs. Circuit is a New York-based provider of an on-demand electric shuttle service and micro-transit solution founded and led by James Mirras and Alex Esposito in 2011. The company uses fleets of cars and partnerships with municipalities, developers, and advertising partners to fulfill first/last-mile needs. Circuit operates in cities across NY, FL, CA, NJ, CO, MA, and TX and has provided over 6 million rides. The business raised $11M in a Series A round to scale operations. Proceeds are intended to grow the team, enhance the company’s technology, and expand into more markets. The company began as a pet project in its founders' hometown and has since expanded to multiple U.S. states.

Participated · Equity · Dec 2021

Hive Technologies, founded in 2020 and formerly known as Gemini, sits at the intersection of high-range EVs, IoT, modular solar charging and energy storage to accelerate mass-market adoption of electric vehicles. Its core product is a proprietary financing model that lowers the average income required to secure EV financing by roughly 40 %, treating the vehicle as the “razor” and ongoing renewable energy services as the “razor blades.” By combining affordable vehicle access with solar-powered, DC fast-charging mobility hubs, Hive claims it can cut an EV’s ROICO2 (Return on Invested CO₂) to one year versus today’s seven-year average. The company plans to use its new capital to place 1,000 high-mileage drivers on a path to EV ownership and to deploy 50 solar charging hubs expected to eliminate 12,000 t of CO₂ and save 1.2 million gallons of fuel annually. Longer term, Hive intends to partner with automakers, auto-finance firms and site hosts to scale its model and tap surplus renewable energy. Backed by investors aligned with ESG goals, the company is positioning itself for significant growth in 2022 and beyond.