Participated · Equity · Jul 2025

Unblock deploys modular mobile data centers at remote energy production sites to capture flared gas and curtailed renewable energy and turn it into computing power. The company’s systems convert wasted energy into revenue while eliminating an estimated 142,000 tons of CO2 annually. Unblock operates the world’s second-largest computing fleet at oil field facilities and grew from 0 to 15MW in just over a year; two major projects are expected to double capacity by September. The company is scaling across Latin America with plans for aggressive hiring in engineering and field operations and vertical integration of local data center production. The recent $13.5M funding will support that expansion and operational scaling. Tomas Ocampo, CEO and founder, describes the business as positioned at the intersection of AI’s growing energy demand and Latin America’s bottlenecked energy resources.

Participated · Seed · Jul 2024

Bima Labs is developing USBD, a universal stablecoin backed by restaked Bitcoin that is intended to be chain-agnostic. The platform lets users across Bitcoin L2s and side chains stake Bitcoin as collateral and restake corresponding liquid staking and staking tokens into a vault to mint USBD. USBD is designed for lending, borrowing, swapping, and as credit against staked Bitcoin, and operates across multiple blockchains. Collateral will be accepted from EVMs, Bitcoin L2s, Solana, STX, Runes, Ordinals, Arch Network, Bitcoin L1, and more. The company is led by CEO Siddarth Sridhar and plans to use new capital to expand operations and accelerate development. No operating metrics were disclosed in the article.

Participated · Series A · Sep 2022

Aspen Creek Digital (ACDC) develops behind-the-meter data centers co-located with new renewable power projects to deliver carbon transparency, reduce power price volatility and add renewables to the grid. Led by CEO Alexandra DaCosta, the company operates Bitcoin mining centers powered by wind, solar and battery generation. ACDC is targeting a 3GW+ pipeline of wind, solar and battery generation by 2025. In June the company commenced operations at its first 6MW HPCC co-located with a 10MW solar farm in west Colorado; a 30MW HPCC co-located with an 87MW solar farm is on track to be operational this fall, and a 150MW HPCC co-located with a 200MW solar farm is planned. The company raised $8M in a Series A to support its pipeline and to build team and operations.

Participated · Series A · Feb 2022

Digital Power Optimization offers a proprietary Cryptocurrency Mining as a Service (CMaaS) strategy and structure that aligns its interests with partners in the energy sector. Led by CEO Andrew Webber, the company uses crypto mining as a tool to help power producers extract additional value from their energy. DPO has formed a strategic partnership with bitcoin company NYDIG to tailor complementary products for clients in the utility and renewable power industries. Proceeds from its recent raise will be used to grow DPO’s team of experts and to bring CMaaS to the global power and utility industries. The company is based in New York City.