Participated · Equity · Oct 2025

Ridepanda operates an e-bikes-as-an-employee-benefit platform that enables companies to subsidize electric bike and scooter subscriptions for their workforce. Founded in 2020 by Chinmay Malaviya and Charlie Depman, the company targets enterprise customers seeking to boost wellness, retention, and ESG performance. Employees access a curated fleet of e-bikes and scooters through monthly subscriptions, while employers track impact metrics such as reduced single-occupancy car trips. Ridepanda more than doubled its business in 2025 and now serves high-profile organizations including Amazon, Google, Goodwin Law, and the County of San Mateo. The platform positions the firm as a U.S. leader in micromobility benefits. With fresh capital, management plans to expand its enterprise sales team, speed product development, and further scale the service. No specific revenue or user figures were disclosed, but the rapid growth and marquee client list highlight strong commercial traction.

Participated · Series A · Apr 2025

Ottometric is a software company that automates and streamlines validation and training processes for Advanced Driver Assistance Systems (ADAS). It provides automation solutions to OEMs, Tier‑1 and Tier‑2 suppliers to improve driver safety, gain a competitive edge and ensure compliance with evolving government regulations. Led by CEO Joseph Burke and based in Boston, MA, Ottometric develops an ADAS validation platform. The company intends to use new funding to accelerate development of that platform. The business serves vehicle manufacturers and suppliers with tools to validate and train ADAS systems. Ottometric is a software company that automates and streamlines the validation and training processes for Advanced Driver Assistance Systems (ADAS). The company provides automation solutions to OEMs, Tier‑1 and Tier‑2 suppliers whose current development and validation methods are manual‑intensive, slow, and costly. Ottometric was founded in 2019 and is led by CEO Joseph Burke. The company is based in Waltham, MA. It intends to use the funds to accelerate growth, expand its customer base, and speed the transformation of the ADAS development and validation process. Ottometric closed a $4.9M Seed funding round to support these efforts.

Participated · Seed · Jan 2024

Cargado is a Chicago, Illinois-based U.S.-Mexico cross-border logistics startup building software to simplify the entire cross-border trade process. The company is led by Matt Silver (CEO) and Rylan Hawkins (CTO). Cargado raised $3M in a pre-seed funding round. Ironspring Ventures led the round, joined by Zenda Capital, Wischoff Ventures, Proeza Ventures, and Sahil Bloom. The startup intends to use the funds to expand its operations and broaden its business reach.

Participated · Seed · Dec 2023

Solvento is a Mexican trucking-finance fintech founded in 2021 that offers invoice financing, automated payments, and products designed to increase transparency and liquidity in the trucking sector. Its services often replace more unsavory lenders that small Mexican carriers have relied on. The company currently serves around 500 carriers and aims to scale to 5,000 by the end of 2025. Planned product expansion includes fuel cards and extending credit for truck purchases. Solvento is launching a freight insights platform that leverages the millions of invoices it has handled to let shippers and carriers compare trucking rates nationwide. The company is also forming partnerships with banks and newcomers to Mexico like Uber Freight to broaden distribution and accelerate growth. Solvento provides payment and credit infrastructure for the LatAm trucking sector, automating payments, financing invoices, and addressing carriers' liquidity needs. The company recently launched Solvento Audita, an AI-powered software that automates end-to-end accounts payable by integrating via APIs, reading and validating documents, matching PODs to invoices and rates, and handling complex accessorial charges. Solvento says the product reduces lengthy manual processes to hours and is already used by customers including Nestlé and 99 minutos. The business enables shippers and brokers to offer quick pay and inject working capital into the supply chain to help carriers and drivers get paid faster. Funding will be used for further product development and expanded commercial efforts to meet demand in the $200 billion LatAm trucking market. Quona Capital cited the company’s 20x growth over the past couple of years as a rationale for doubling down on the team.

Participated · Series A · Aug 2023

Electric Era, founded by former SpaceX engineers, is building PowerNode stations and PowerNode OS to deliver fast, reliable public EV charging without requiring major grid upgrades. The company focuses on the whole fast-charging station — integrating software, battery backup and energy management — while outsourcing some charger and battery components. It says the PowerNode design can incorporate real-time management of battery and solar systems to add local capacity and avoid extensive rewiring. The team is running extensive testing across 20–30 vehicle models and multiple edge cases to improve uptime. The company plans a near-term roll-out in nine states before year-end with about 27 chargers (roughly three per station) and a longer-term goal of about three gigawatt-hours of installed battery capacity and roughly 10,000 stations by 2030. Financially, Electric Era has raised $19 million to date and is positioning to scale reliability and deployments using its new capital. Electric Era develops the PowerNode platform, a fast-charging EV solution designed to cut grid requirements and demand charges by about one-third while supporting high charging speeds. The company targets convenience-store and gas-station deployments to recreate a gas-station charging experience and drive foot traffic. Founder Quincy Lee, formerly a SpaceX mechanical engineer, says the platform avoids costly grid upgrades and is designed to qualify sites for NEVI grants. The startup added SpaceX veteran Sam Reineman as CTO to accelerate production and delivery. Electric Era has raised $4 million in its latest financing, bringing total funding to $8 million, and is pursuing aggressive expansion: it aims to install 10,000 PowerNode stations by 2030. The company positions itself to compete in a crowded charging market by offering lower installation and operating costs for site owners. Electric Era designs and manufactures lithium-battery energy-storage systems that pair with fast-charging EV stations to buffer draws on the electrical grid and avoid utility peak charges. The product uses lithium battery cells to provide off-grid energy during rapid charges and is aimed at gas station‑style facilities, malls, and retail sites; the company says it has several customers lined up but did not name them. Electric Era is undergoing certification, safety, and qualification testing and expects to deploy its first units to customers in coming months. The company launched last year and is based in Seattle; it has seven employees and recently moved to a larger facility with capacity to build 40 energy storage units per week. Prior to the current seed, Electric Era raised $700,000 in September backed by MIT and Stanford University angel investor communities. Founders and team have aerospace and EV backgrounds, including multiple former SpaceX employees and interns from SpaceX, Tesla, and Virgin Hyperloop. The startup competes with companies such as FreeWire Technology, which has raised about $100 million.