Overview
Venture capital firm accelerating industrial innovation and sustainability.
Founded
2012
Deals · 12mo
3
Stage focus
Geographic focus
Sector focus
Investment portfolio
| NAME | DATE | SIZE | |
|---|---|---|---|
Frenos | Jul 2026Led | $2 MSeed | |
Luffy AI | Jul 2026Participated | $11 MSeries A | |
Surveily | Jun 2026Led | $3 MSeries A | |
Eigen Innovations | Oct 2024Participated | $3 MOther Equity | |
SprayVision | Jun 2024Led | $2 MSeed | |
Zhiji Auto | Mar 2024Participated | $1.1 BSeries B | |
Agtonomy | Dec 2023Led | $23 MSeries A | |
Tvarit | Nov 2023Led | $7 MSeries A | |
minds.ai | Oct 2023Participated | $5 MSeed | |
APERIO | Aug 2023Led | $9 MSeries A | |
Pico MES | Aug 2023Participated | $12 MSeries A | |
Raven Telemetry | Jan 2023Led | $12 MSeries A | |
Frenos | Jul 2026Led | $2 MSeed | |
Luffy AI | Jul 2026Participated | $11 MSeries A | |
Surveily | Jun 2026Led | $3 MSeries A | |
Eigen Innovations | Oct 2024Participated | $3 MOther Equity | |
SprayVision | Jun 2024Led | $2 MSeed | |
Zhiji Auto | Mar 2024Participated | $1.1 BSeries B | |
Agtonomy | Dec 2023Led | $23 MSeries A | |
Tvarit | Nov 2023Led | $7 MSeries A | |
minds.ai | Oct 2023Participated | $5 MSeed | |
APERIO | Aug 2023Led | $9 MSeries A | |
Pico MES | Aug 2023Participated | $12 MSeries A | |
Raven Telemetry | Jan 2023Led | $12 MSeries A |
Insights
Time horizon
View by
Deal Distribution
| Round type | Led deals | Participated deals |
|---|---|---|
| Seed | 2 | 6 |
| Series A | 6 | 7 |
| Series B | 0 | 4 |
| Other Equity | 2 | 4 |
Monthly Deal Activity
| Month | Deals |
|---|---|
| Dec '17 | 1 |
| Jan '18 | 0 |
| Feb '18 | 0 |
| Mar '18 | 0 |
| Apr '18 | 0 |
| May '18 | 0 |
| Jun '18 | 1 |
| Jul '18 | 0 |
| Aug '18 | 0 |
| Sep '18 | 0 |
| Oct '18 | 0 |
| Nov '18 | 0 |
| Dec '18 | 0 |
| Jan '19 | 0 |
| Feb '19 | 0 |
| Mar '19 | 0 |
| Apr '19 | 0 |
| May '19 | 0 |
| Jun '19 | 0 |
| Jul '19 | 0 |
| Aug '19 | 0 |
| Sep '19 | 1 |
| Oct '19 | 0 |
| Nov '19 | 0 |
| Dec '19 | 0 |
| Jan '20 | 0 |
| Feb '20 | 0 |
| Mar '20 | 2 |
| Apr '20 | 0 |
| May '20 | 0 |
| Jun '20 | 0 |
| Jul '20 | 0 |
| Aug '20 | 1 |
| Sep '20 | 0 |
| Oct '20 | 0 |
| Nov '20 | 0 |
| Dec '20 | 1 |
| Jan '21 | 0 |
| Feb '21 | 0 |
| Mar '21 | 0 |
| Apr '21 | 0 |
| May '21 | 2 |
| Jun '21 | 0 |
| Jul '21 | 0 |
| Aug '21 | 0 |
| Sep '21 | 0 |
| Oct '21 | 1 |
| Nov '21 | 1 |
| Dec '21 | 2 |
| Jan '22 | 2 |
| Feb '22 | 1 |
| Mar '22 | 0 |
| Apr '22 | 0 |
| May '22 | 0 |
| Jun '22 | 0 |
| Jul '22 | 0 |
| Aug '22 | 1 |
| Sep '22 | 0 |
| Oct '22 | 0 |
| Nov '22 | 1 |
| Dec '22 | 0 |
| Jan '23 | 2 |
| Feb '23 | 0 |
| Mar '23 | 0 |
| Apr '23 | 0 |
| May '23 | 0 |
| Jun '23 | 0 |
| Jul '23 | 0 |
| Aug '23 | 2 |
| Sep '23 | 0 |
| Oct '23 | 1 |
| Nov '23 | 1 |
| Dec '23 | 1 |
| Jan '24 | 0 |
| Feb '24 | 0 |
| Mar '24 | 1 |
| Apr '24 | 0 |
| May '24 | 0 |
| Jun '24 | 1 |
| Jul '24 | 0 |
| Aug '24 | 0 |
| Sep '24 | 0 |
| Oct '24 | 1 |
| Nov '24 | 0 |
| Dec '24 | 0 |
| Jan '25 | 0 |
| Feb '25 | 0 |
| Mar '25 | 0 |
| Apr '25 | 0 |
| May '25 | 0 |
| Jun '25 | 0 |
| Jul '25 | 0 |
| Aug '25 | 0 |
| Sep '25 | 0 |
| Oct '25 | 0 |
| Nov '25 | 0 |
| Dec '25 | 0 |
| Jan '26 | 0 |
| Feb '26 | 0 |
| Mar '26 | 0 |
| Apr '26 | 0 |
| May '26 | 0 |
| Jun '26 | 1 |
| Jul '26 | 2 |
| Aug '26 | 0 |
| Sep '26 | 0 |
| Oct '26 | 0 |
Sector Breakdown
A deal can appear in multiple sectors, so sector totals may overlap. Capital represents disclosed total round sizes, not fund cheque sizes.
| Sector | Deals |
|---|---|
| AI & Machine Learning | 19 |
| Enterprise Software | 18 |
| Networks, Cloud & Communication | 11 |
| Manufacturing | 10 |
| Hardware & Robotics | 8 |
| Data, Analytics & IT | 7 |
| Space & Frontier Tech | 7 |
| Cybersecurity & Privacy | 4 |
| Transportation & Logistics | 4 |
| Food & Agriculture | 3 |
| Professional Services | 3 |
| Clean Energy & Sustainability | 2 |
| Real Estate & Construction | 2 |
| Travel & Hospitality | 1 |
| Education & Workforce | 1 |
| Government & Defense | 1 |
| Crypto & Blockchain | 1 |
| Developer Tools | 1 |
Deal Size Distribution
Undisclosed round sizes are excluded. Capital represents total round sizes, not fund cheque sizes.
| Round size band (USD) | Deals |
|---|---|
| <$5M | 12 |
| $5M-$10M | 7 |
| $10M-$25M | 8 |
| $25M-$50M | 2 |
| $50M-$100M | 0 |
| $100M-$250M | 1 |
| $250M-$500M | 0 |
| $500M-$1B | 0 |
| $1B+ | 1 |
Deals By Geography
Top 5 of 5 regions; European countries are grouped as Europe.
| Region | Deals |
|---|---|
| United States | 16 |
| Europe | 10 |
| Canada | 2 |
| China | 2 |
| Australia | 1 |
Co-Investors
Bubble size = shared deals
Click a bubble to open that fund in a new tab.
Shows up to 20 co-investors ranked by shared deals. Deals may be shared with multiple funds, so rows overlap. Capital is total round size, not fund cheque size.
| Co-investor | Shared deals |
|---|---|
| Acrew Capital | 2 |
| Canaan Partners | 2 |
| Chevron Technology Ventures | 2 |
| Data Collective | 2 |
| Fika Ventures | 2 |
| Google Ventures | 2 |
| Knollwood Investment Advisory | 2 |
| Leadout Capital | 2 |
| Maine Venture Fund | 2 |
| SOSV | 2 |
| Spider Capital | 2 |
| Toyota Ventures | 2 |
| Vela Partners | 2 |
| 4impact capital | 1 |
| Acequia Capital | 1 |
| Aramco Ventures (Saudi Aramco Energy Ventures) | 1 |
| Artifact Capital | 1 |
| Bain Capital | 1 |
| Bazan Group | 1 |
| BDC | 1 |
Investment Strategy
| Category | Deals (count) | Share (%) |
|---|---|---|
| Led | 10 | 32% |
| Participating | 21 | 68% |
| Category | Deals (count) | Share (%) |
|---|---|---|
| Single-lead | 5 | 50% |
| Co-led | 5 | 50% |
Team
Strategy Partner
Managing Partner - Digital and M&A Advisory Practice
Founding Partner
Managing Partner
Venture Partner
Principal Partner
Principal Partner