Participated · Series A · Aug 2025

Approov offers patented cloud‑first app attestation and runtime API protection as an alternative to brittle code obfuscation, defending against rooted devices, emulators, tampering frameworks and credential‑stuffing bots. Its technology is used by customers in healthcare, fintech, connected vehicles and e‑commerce and the company says it reduces API attacks by over 95%. Approov supports fragmented platforms including non‑GMS Android and HarmonyOS and enables developers to distribute apps directly to consumers, potentially reclaiming up to 30% of revenues typically lost to platform fees. The company plans to use the funding to bolster its Research & Development team in Edinburgh and to develop advanced, real‑time technologies to secure mobile applications and APIs against evolving, including AI‑driven, threats. Approov emphasizes its intellectual property and positions itself as an independent app and API security provider amid regulatory shifts such as the EU Digital Markets Act and evolving UK laws. The company operates from Edinburgh, Scotland and Palo Alto, California and focuses on authenticating mobile app instances and protecting backend APIs from fraud, abuse and unauthorized access.

Led · Series A · Jun 2024

CargoSense provides a Visibility OS platform for automating supply chain operations using visibility data. The platform runs customized digital agents that unify IIoT data sources, real-time transportation visibility platforms, risk analysis platforms, and customers' systems of record into a single stack. This integration enables automated contextual analysis and execution across supply chain functions and scales exception management workflows. CargoSense says the platform helps customers drive core systems with visibility data and reduce the workloads of supply chain teams through measurement, automation, and collaboration. The company intends to use its recently raised $8M Series A to expand its partner ecosystem of integrated management systems, data sources, and industrial IIoT platforms available to digital agents. Founded in 2012 and led by CEO Richard Kilmer, CargoSense is based in Reston, VA. CargoSense is a smart-data and MicroAnalytics Software-as-a-Service (SaaS) company led by CEO Rich Kilmer and based in Reston, Virginia. It has created collaborative supply chain software that collects data with sensor technologies and is available via tablet, web, and mobile devices. The platform is powered by a centralized API and SaaS applications and focuses on optimizing logistics networks to reduce product loss, transportation and packaging costs, and optimize quality control processes. Target industries include healthcare, food, medical devices and other industries with complex supply chains. The company raised an additional $1m in seed financing and has now raised a total of $3.67m. CargoSense is working towards the closure of its Series A funding round and will use the new funds for product innovations and customer acquisition through focused sales and marketing efforts. CargoSense is a Reston, Virginia-based big data and analytics SaaS company that provides a smart data and microanalytics platform for supply chain logistics, focused on pharmaceutical, cold chain, and refrigerated storage industries. Its platform records environmental and motion data (temperature, light, humidity, pressure, shock, and tilt) from origin to destination and lets users combine those values into climate ranges for shipped products. The solution supports sharing of shipment-level environmental measures with supply chain partners to ensure a single view of captured data. Led by CEO Rich Kilmer, the company serves manufacturers and shippers of pharmaceuticals, biologics, medical devices, food, and other climate-sensitive cargo. CargoSense closed a $2.5M seed funding round and plans to use the proceeds to expand sales, marketing, and development teams, drive new product innovations, and accelerate customer acquisition. CargoSense offers collaborative supply chain software that runs on tablet, web and mobile devices to optimize logistics networks for healthcare, food, medical devices and other industries with complex supply chains. The company sells a big data and analytics product targeted at healthcare logistics providers and is initially focused on life sciences. CargoSense was founded in 2012 by CEO Rich Kilmer and is pursuing partnerships in food, restaurants, grocery chains and other market segments with sensitive supply chains. The product roadmap includes extensions to reporting and analytics functionality. The company intends to use recently raised funds to extend those product features and to grow sales within its existing customer segments. No operating metrics or revenue figures were disclosed in the article.

Participated · Seed · Aug 2016

Founded roughly a decade ago, Bloomlife offers a wearable patch embedded with sensors that continuously monitors pregnant women to detect conditions such as hypertension and gestational diabetes without hospital visits. After the pandemic, the company pivoted from direct-to-consumer sales to a B2B model, selling through obstetricians and hospitals. Its technology is now prescribed by more than 120 doctors, a number set to grow more than ten-fold through a newly signed agreement with an employer group representing 2,700 gynecologists across 22 U.S. states. To support this expansion, Bloomlife plans to scale its commercial team from about twenty employees to thirty by year-end. The firm believes 120-150 active prescribers are sufficient for breakeven and had previously targeted profitability by mid-next year, but it has delayed that milestone to focus on onboarding the new partners. Bloomlife remains focused on the U.S. market for the next two years, with Europe and Asia as longer-term opportunities. Cumulatively, the company has raised $34 million to date.

Participated · Series A · Dec 2010

Chip Path Design Systems is a Cupertino-based company focused on Semantic-IC Design to change how companies design integrated circuits. It merges Electronic Design Automation and Semiconductor IP, targeting the front-end process from specification through IP-assembly to physical planning. The company delivers architectural design tools based on semiconductor IP for new ASIC designs and for compilation onto existing FPGA and ASSP devices. Led by EDA pioneer George Janac as CEO and chairman, Chip Path plans to use its recent capital to accelerate building distribution channels and market delivery of products. The company secured $3M in a Series A round from Scientific Ventures, Lanza techVentures and Xilinx Corporation. As part of the financing, Mark Templeton (Scientific Ventures) and Lucio Lanza (Lanza techVentures) will join the board of directors.