Led · Series D · Feb 2026

Ubicquia builds plug-and-play hardware and software that digitize legacy urban and utility assets, enabling real-time monitoring of power quality, lighting performance, and security conditions. Core offerings include the UbiVu intelligent asset-management platform, UbiCell street-light controllers, UbiScout smart camera accessories, the UbiGrid DTM+ transformer monitor paired with a subscription-based Power Monitoring service, and the UbiHub edge processing device for public safety analytics. The company’s analytics engine processes more than 3.5 billion data sets daily and supports over 1,000 utilities and municipalities worldwide, driving a fast-growing infrastructure-as-a-service revenue model. Ubicquia’s technology is compatible with roughly 450 million streetlights, 500 million transformers, and 1 billion utility poles, giving it a vast addressable market across the U.S., Latin America, Europe, and MENA regions. Recent product launches focus on expanding AI capabilities to help customers cut energy costs, extend asset life, and improve roadway safety. Management plans to use new capital to accelerate AI development and scale direct sales domestically and internationally. Headquartered in Fort Lauderdale, the company serves a broad customer base that now includes retailers, healthcare networks, universities, and large enterprise campuses.

Participated · Series E · Dec 2025

Fervo Energy develops next-generation geothermal power using innovations in horizontal drilling, fiber-optic sensing and advanced reservoir engineering to make geothermal scalable and competitive. Its flagship Cape Station project in Beaver County, Utah is slated to deliver first power to the grid in 2026, reach about 100 MW of operating capacity by early 2027 and has plans to scale to 500 MW. Cape Station is fully contracted through power purchase agreements with Southern California Edison, Shell Energy and community choice aggregators. The company secured long-term non-recourse project financing for the first phase of Cape Station to fund remaining construction costs and meet counterparty credit support requirements. Fervo positions its technology and commercial contracts as enabling Enhanced Geothermal Systems to be treated as a bankable, utility-scale infrastructure asset.

Participated · Equity · Nov 2025

Fabric8Labs, founded in 2015 and headquartered in San Diego, has created a patented Electrochemical Additive Manufacturing (ECAM) platform that builds metal parts atom-by-atom at room temperature, eliminating costly post-processing while achieving exceptional feature resolution and surface finish. The technology enables production of next-generation components such as direct-to-chip cooling structures, 3D antennas printed on PCBs, and high-current interconnects for electric vehicles. With ECAM, customers can move seamlessly from prototyping to high-volume output on a single manufacturing line. Backed by an ISO9001-certified, ITAR-registered U.S. facility, Fabric8Labs plans to expand production capacity from 5 million to 22 million components annually. The company is hiring across manufacturing, design, quality, and process engineering to meet demand from AI/HPC, wireless communications, and power electronics sectors. Its U.S. manufacturing presence also addresses supply-chain resiliency requirements for advanced electronics customers.

Participated · Series B · Jul 2025

HIVED builds an end-to-end parcel delivery network purpose-built for e-commerce, running on a 100% electric fleet and its HIVEDmind platform that leverages AI, real-time data, and modern architecture. The platform connects retailers, warehouses, drivers, and customers through integrated routing, real-time warehouse sorting, dynamic delivery clusters, and live parcel tracking. HIVEDmind models driver behaviour and real-world conditions to forecast volumes, optimize parking and routes, and surface delivery photos, geo-coded dashboards, behavioural alerts, and fraud-pattern detection for retailers. The company claims to be the world’s only end-to-end electric logistics network and is the UK’s highest-rated parcel delivery company on Trustpilot by far. Going forward, HIVED plans to accelerate its UK rollout into several new cities, grow its engineering and data teams, and further develop its proprietary logistics intelligence. Hived is building a delivery network at scale powered entirely by electricity and integrated with platforms such as Metapack, Shopify and Shiptheory. The network offers features including dynamic delivery-window ETAs, live tracking, in-flight redirect options, customizable customer communications and merchant dashboards with carbon-saving reporting. It delivers for large retailers including ASOS and ZARA as well as fast-growing SMEs such as Candy Kittens, Vitl and Pip & Nut. Since its August 2021 seed round the company has grown revenue 30% month over month and expanded to a head office of 40 and over 1,000 drivers. Hived intends to use new funding to invest further in its team, technology and to build a new warehouse. The business operates entirely on electric vehicles and provides carbon-saving reporting to merchants. HIVED is a parcel-delivery startup that uses electric cargo bikes for last-mile urban deliveries. It operates a fleet of 20 Raleigh e-cargobikes ridden by directly employed couriers and aims to offer estimated drop-offs in 15-minute slots. The company raised $2.4 million in venture-capital and angel funding to expand operations. Currently delivering within London’s M25, HIVED plans to expand into larger U.K. cities and achieve national coverage within three years, using electric vans for longer journeys while keeping most last-mile deliveries on e-cargobikes. Founded last year by Murvah Iqbal and Mathias Krieger, the startup emphasizes avoiding the gig economy and employing riders to improve service quality. HIVED previously received launch backing from Innovate UK in June 2020 and trialed several e-cargobike models before selecting Raleigh bikes for its fleet.

Participated · Equity · Apr 2025

Omnidian delivers comprehensive protection and performance plans for residential and commercial solar and energy storage systems, using proprietary machine learning, AI and advanced analytics to assure asset performance and improve customer experience. The company emphasizes O&M services, business intelligence and uptime improvements for distributed renewable energy resources. Omnidian reports revenue more than tripled from 2022 to 2024 and cites a trailing 12-month gross revenue retention rate that distinguishes it in the industry. Headquartered in Seattle with international operations in Australia, Omnidian has a global team of 375+ and recently acquired an industry-leading solar service provider in the APAC region. With new capital, the company plans to scale core operations, expand geographically (including deeper growth in Australia and entry into new markets), and explore new product ecosystems such as EV charging infrastructure and commercial energy storage. The firm positions its technology-driven platform and client-focused operations as central to accelerating clean energy investments and improving bankability of solar assets. Omnidian provides end-to-end solar asset management for commercial and residential installers, developers, and owners, using proprietary software to remotely detect performance issues and manage assets. The company operates a network of more than 200 solar system experts across 34 states and a field service network covering 93% of U.S. ZIP codes. Omnidian expanded its international presence to Australia in 2022. It says part of its mission is to improve the post-purchase experience and nurture solar assets throughout their life cycle. The company will use capital to further technical innovation and add transparency into portfolio performance, job site status, and active remediations, as well as reporting enhancements to support portfolio managers. Omnidian has been named a Top 100 Places To Work for five consecutive years, appears in the Global Cleantech 100, and has been recognized as one of the Most Innovative U.S. Energy Companies. Omnidian provides nationwide performance plans and guarantees for residential, commercial, and industrial solar systems through a proprietary machine-learning asset management platform that offers continuous monitoring, proactive service alerts, and field service. The company has launched a similar service for residential and commercial & industrial energy storage and says its software will monitor other IoT-sensored energy products in the future. Proceeds from the recent funding will enable expansion into new asset classes including energy storage, EV charging, and HVAC, and will support international expansion. Omnidian employs more than 100 professionals across 16 states and manages more than 1,700 megawatts for customers. The firm emphasizes lowering cost of ownership and reducing risk for customers while providing performance guarantees that help unlock institutional capital. Omnidian positions its platform as critical infrastructure to accelerate renewable adoption and improve grid resiliency. Omnidian offers continuous monitoring, proactive service alerts, field service and an end-to-end cash-back performance guarantee for residential and C&I solar systems. Its core product is a subscription-backed protection and performance-assurance platform sold directly to homeowners and through an Elite Dealer Program for solar installers. The Elite Dealer Program is offered at $300 for the first year and renewals are available for under $13 per month, enabling dealers to bundle cash-back performance guarantees for cash and loan customers. Omnidian supports multiple Fortune 1000 clients’ residential lease portfolios and is responsible for over 75,000 residential solar systems today. The company plans to use new capital to expand into new geographies including New York and California and to grow its reach to dealers representing over 75% of the U.S. solar market. Omnidian is supported by the DOE SunShot Program and positions its platform as transferable to other IoT consumer-device insurance and premium categories.