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The Venture Codex

New Industry VC

50 Osgood Place Suite 400, San Francisco, CA, 94133, USA

Overview

New Industry VC is an investment Firm invest in Deep Tech hardware startups at the very beginning.

Total investments
1
Lead investments
0
Investments · 12mo
1
Active investors
1
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Investment portfolio

  • Extellis

    Participated · Seed · Nov 2025

    Extellis designs and plans to operate satellites built to capture high-frequency synthetic aperture radar (SAR) imagery, with the company claiming each satellite can capture thousands of images per day using patented antenna technology developed at Duke University from DARPA-sponsored research. The platform is intended to provide consistent monitoring that works at night and through clouds, smoke and other conditions that limit optical imagery. Extellis targets infrastructure operators and industrial companies—such as pipeline, transportation and energy facility operators—that need frequent, wide-area visibility of distributed assets. The company is preparing a pathfinder mission to test technology and operating capabilities ahead of broader commercial service and is building the infrastructure required to serve industrial customers. Extellis recently expanded its seed financing with investment from Shell Ventures to support the pathfinder mission, team expansion and progress toward commercial operations. The company positions its offering as an alternative to helicopters, ground inspections and optical satellite imagery for more dependable, high-frequency monitoring.

Team

  • Alex Roy

    General Partner & Co-Founder

    LinkedIn