Participated · Series A · Aug 2026

Velaura AI develops energy-efficient digital design technology for AI compute, built on patented techniques applied at leading semiconductor process nodes. Its flagship product, Titan Core, is a proprietary chip IP and design platform that the company says delivers a 2x to 4x improvement in performance per watt on the mathematical operations used by AI accelerators without sacrificing performance. The underlying technology has been deployed across more than 30 million ASICs, and Velaura licenses it under an upfront fee plus a royalty tied to the power savings its customers achieve. The company says it is engaged with hyperscalers and chip partners at 3nm and 2nm nodes to integrate the technology into next-generation AI accelerators, and is extending the architecture into physical AI systems including robots, drones, and autonomous machines. Founded in 2022 as Auradine, a bitcoin mining ASIC designer behind the Teraflux miner series, the company rebranded to Velaura AI in March 2026 alongside a pivot to AI silicon, and is headquartered at 3200 Coronado Drive in Santa Clara, California. Financially, Velaura AI announced a $110M Series A in August 2026 at a valuation above $1 billion, led by Seligman Ventures; the articles do not state a cumulative total raised across its earlier rounds under the Auradine name.

Participated · Equity · Aug 2026

Databricks operates a cloud data platform and AI products, with its core cloud data warehouse generating $1.5 billion of its annualized run-rate revenue and growing 100% year-over-year. The company reported a $7 billion annualized run-rate revenue figure while growing at roughly 80% and being cash-flow positive. Databricks launched Lakebase in June 2025, which has reached a $100 million revenue run-rate, and its AI chatbot tool Genie is described as highly popular. The company maintains a roughly 100-person AI research team and faces multi-billion-dollar cloud commitments with major hyperscalers. Databricks has been active on the M&A front, acquiring companies including Electric (PGlite) and AI cybersecurity firm Panther, and it says it plans to continue investing in AI and acquisitions while remaining open to a future IPO.

Participated · Series B · Jun 2026

Zumutor Biologics is a biotech company working on cancer therapies and currently advancing clinical trials for its programs. The company announced it raised $7.3 million, which the report states will be used to progress those clinical studies. The article does not include details on commercial products, revenues, users, or other operating metrics. It also does not provide information on the company's founding year, location, or past financing rounds. The available coverage is focused on the new capital and its intended application toward clinical development.

Led · Series A · Jun 2026

Founded roughly seven months before the report and based in Santa Clara, Upscale AI develops a platform that integrates GPUs, accelerators, storage, and networking into a synchronized system for AI workloads. Its SkyHammer architecture is designed to scale networks at the rack level to reduce latency and bottlenecks for training and inference. The company emphasizes open standards such as ESUN, Ultra Accelerator Link, Ultra Ethernet, SONiC and the Switch Abstraction Interface as alternatives to incumbent networking systems. Upscale AI originated within Auradine, the AI- and blockchain-infrastructure company associated with one of the founders, and was publicly launched thereafter. Founders Barun Kar and Rajiv Khemani previously worked at and founded companies including Palo Alto Networks, Innovium and Cavium (later acquired by Marvell). Financially, Upscale AI has raised over $300 million to date, including a $100 million seed in September 2025 and an oversubscribed Series A of more than $200 million in January 2026.

Participated · Seed · Jun 2026

Pramaana Labs combines conventional large language models with a deterministic verification layer that uses tools of formal verification inspired by the open-source LEAN proof assistant. The company develops LEAN-style, domain-specific formalizations overseen by domain experts to codify rules into executable code. Pramaana is targeting high-stakes verticals—such as tax, law, drug discovery, and cybersecurity—where errors can have serious consequences. Its approach keeps the flexibility of LLMs for natural language reasoning while adding a verification step to ensure outputs check out. The company is collaborating with advisors and academics including former IRS commissioner Danny Werfel and professors from IIT Delhi, IIT Madras, and UC Berkeley. The product roadmap centers on building formal verification systems tailored to each use case and deploying them in regulated or safety-critical settings.