Participated · Series A · Dec 2021

Forterra develops hardware, edge-computing platforms, and an autonomous software stack that allow military and logistics fleets to move, sense, and act without human intervention. Its technology focus spans vehicle automation, command-and-control software, and communications modules, recently strengthened through the acquisition of mobile mesh-network company goTenna. The company has secured several high-profile U.S. Department of Defense awards, including the first ground-autonomy production contract for ROGUE Fires with the Marine Corps, a $114 million Army contract for autonomous breaching systems, Phase II of the Army’s GEARS program, and a $4.8 million Army UxS contract. Forterra is also partnering with Volvo Defense, BAE Systems, CHAOS Industries, and RTX’s Raytheon to integrate its systems across the broader defense ecosystem. With the new capital, Forterra plans to accelerate R&D in communications and C2 capabilities and scale production of its edge-computing platforms. The company’s growing roster of contracts and partnerships highlights increasing demand for interoperable autonomy in complex mission environments.

Participated · Equity · May 2020

Omocom provides on-demand microinsurance tailored to sharing, rental and resale platforms in the circular economy, activating coverage only while items are being used. The company developed algorithms with Swedish university researchers to produce real-time risk assessments for digital platforms. Omocom launched its business in October (year implied by the article) and reports about 15,000 customers. The startup was founded in 2017 and is led by CEO Ola Lowden and co-founders Emanuel Badehi Kullander and Tobias Mård. The fresh funding will be used to develop the product further, expand into new verticals, and enter markets outside the Nordics. Omocom positions insurance as a tool to reduce transaction risk and increase reuse and longer product lifecycles on circular platforms.