Participated · Series B · Jul 2026

Venus Aerospace develops rotating detonation rocket engines (RDRE) and has shifted focus toward hypersonic weapons and high-speed space vehicles after a successful flight demonstration in 2025. The company was founded in 2020 by CEO Sassie Duggleby and CTO Andrew Duggleby. Its propulsion architecture emphasizes efficiency, throttling, reusability, and manufacturability aimed at defense and space customers. Venus has conducted about 600 engine tests with a longest-duration burn of 32 seconds to date, while customers require burns of roughly 6 to 15 minutes for operational missions. This year it received a grant from the Texas Space Commission to build a larger test stand to enable longer-duration testing. The company is using new equity from its $90M Series B to fund vehicle-specific testing and development with potential customers.

Participated · Equity · Jun 2026

Fabri, founded in 2022 as an MIT spinout and led by CEO Steven Davis, builds automated foundries that use 3D-printed wax molds, robotics, and bespoke software and machine learning to reduce labor and rework in investment casting. The company began with aluminum parts and has expanded into copper and steel alloys, and it reports shipping parts to customers including Lockheed Martin and RTX. Fabri has collaborated with NASA on casting research and currently operates an R&D foundry capable of producing hundreds to maybe thousands of parts. Management plans to scale capacity by opening additional foundries — targeting a second facility to reach full production by 2027 and aiming to open a new foundry each year. Financially, Fabri has raised $13.5M total (a $5M seed in Dec 2024 plus prior debt and equity) and is preparing for a Series A in the next three to six months.

Participated · Series B · May 2026

ANELLO Photonics develops the ANELLO SiPhOG™ (Silicon Photonics Optical Gyroscope), an integrated photonic system-on-chip designed to deliver fiber‑optic–class gyroscope performance in a chip-scale form factor. The company combines its silicon photonics platform with an AI-based sensor fusion engine and holds a portfolio of over 80 issued or pending patents. ANELLO positions its products for deployment across land, air, and sea to enable resilient navigation where GNSS signals are unavailable or contested. The firm emphasizes manufacturability and scale, aiming to provide lower-cost, continuous high-precision positioning compared with legacy systems. The company is headquartered in Santa Clara, California. The recent Series B-2 financing is intended to scale production, accelerate innovation, and expand customer deliveries.

Participated · Series A · Mar 2026

Antaris develops an AI-powered planning platform for satellite operators that models hardware decisions and mission plans before physical production begins. The company positions its software to reduce risk and iteration by enabling mission and hardware planning early in the design process. In the announced funding, Antaris raised $28M in a Series A to continue development of that platform. The coverage emphasizes the use of proceeds for product development rather than operational metrics or commercial milestones. The articles do not disclose the company's founding year, location, investor identities, prior funding, valuation, or user and revenue metrics.

Participated · Series A · Feb 2026

Founded in 2009 in Durango by Daudi Barnes, Agile Space Industries builds high-performance chemical propulsion systems, using metal additive manufacturing and extensive in-house test facilities. The company supports a broad spectrum of commercial, civil, and national security space missions with its rocket engines and related hardware. In 2023, Agile expanded its Durango-La Plata County Airport footprint to 40,000 square feet and plans further growth in Colorado and Oklahoma. Revenue has more than tripled in the past three years, rising from about $8 million in 2022 to $28 million projected for 2026, and the business has grown over 70% annually since 2020. With the new capital, management intends to scale from developing two to three engines per year to six or more and boost tank and engine delivery capacity nearly tenfold. The company positions itself as a critical domestic supplier at a time when U.S. demand for chemical propulsion is rising.