Participated · Series E · May 2026

Photonic pursues a distributed approach to quantum computing through its Entanglement First architecture, which combines silicon-based qubits with native photonic connectivity to enable scaling across existing telecom fiber infrastructure. The company positions this architecture as a path toward fault-tolerant, commercial-scale quantum systems that can interoperate with global cloud and telecom networks. Photonic is engaged in programs including Canada’s Quantum Champions Program and Stage B of DARPA’s Quantum Benchmarking Initiative. With the recent financing, Photonic has raised over $350 million USD to date and closed a round valuing the company at $2.0 billion USD post-money. The firm says it will use the new capital to advance platform development, deepen telecom and strategic partnerships, grow its team, and pursue near-term milestones. Investors supporting Photonic range from government development banks and national telecoms to multinational strategic and growth equity backers.

Participated · Seed · Apr 2026

Ineffable Intelligence is a startup that was the subject of media coverage after announcing a $1.1 billion Seed round at a $5.1 billion valuation. The raise was characterized as historic in size for a seed-stage financing. Public reporting did not describe the company's products, services, or core technology. The articles also did not provide operating metrics such as revenue or user counts. No information about the company's founding year, location, or future plans was included in the coverage.

Participated · Equity · Mar 2026

OpenAI develops advanced artificial intelligence products, including ChatGPT and APIs for developers. The company is establishing The Deployment Company via a strategic alliance with private-equity partners to drive deeper enterprise integration of its AI tools. OpenAI will retain majority control of the joint venture, which is capitalized with more than $4.0 billion from investors and valued at about $10.0 billion. The initiative emphasizes embedding "forward-deployed engineers" inside client organizations to tailor and implement solutions. Target industries for deployment include financial services, health care, manufacturing and logistics. The move is part of a broader shift toward monetization and scaling enterprise adoption as OpenAI and peers consider potential IPOs, and it follows an internal leadership shift assigning Brad Lightcap to oversee related market-facing projects.

Participated · Series D · Feb 2026

Wayve builds an end-to-end neural network-based self-driving system that uses raw data from whatever sensors are on a vehicle rather than relying on specific sensors, chips, or high-definition maps. Its software underpins two commercial products: an "eyes on" assisted-driving system requiring driver attention, and an "eyes off" fully automated-driving system intended for robotaxis and some consumer scenarios. The company sells directly to automakers and has landed customers including Nissan, Mercedes-Benz, and Stellantis, with Nissan planning integration into ADAS from 2027. Wayve’s software is designed to run on a variety of automotive compute platforms, a capability it is expanding through strategic investments from chipmakers. Financially, Wayve recently closed a $1.2 billion Series D and announced a $60 million extension from semiconductor partners, with an additional $300 million milestone-based commitment from Uber. The company is using new funds to support integration across compute platforms and continued production deployment of the Wayve AI Driver.

Participated · Seed · Feb 2026

Crink operates a ‘Human + AI’ wellbeing platform that pairs real-time, AI-driven emotional guidance with sessions from licensed therapists. Its product addresses four key life domains—self, work, parenting and relationships—helping users manage stress, build emotional resilience and improve family as well as workplace dynamics. The company says it has already served more than 15,000 clients, signalling early product-market fit and demand among busy professionals. By using AI to surface stress patterns instantaneously, Crink lets its human therapists concentrate on deeper, outcome-oriented interventions. The founders—Rustum Usman, Mariyam and Sruthi—plan to deploy new capital to broaden the therapist network, enrich AI capabilities and reinforce the hybrid model. Over the next 2-3 years, management aims to position Crink as the default wellbeing solution for mid-to-senior professionals in India and eventually overseas. Financially, the startup has just secured ₹1.8 crore in pre-seed funding, adding to earlier backing from Kerala Startup Mission, Microsoft and The Step Up Ventures, giving it runway to scale product and distribution.