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 · Series E · Aug 2026

Horizon3.ai develops AI specifically designed to perform autonomous, authorized penetration testing across live infrastructure via its NodeZero platform. The platform is built to test live systems without shutting down operations and to scan entire infrastructures continuously rather than sampling a small percentage. The company reports having run 310,000 production security tests with zero disruptions and serves roughly 7,200–7,300 customers ranging from managed service providers to Fortune 10 enterprises. Horizon3 approached $100 million in annual recurring revenue last year and achieved 120% year-over-year growth. Its founders, who met while serving at Joint Special Operations Command, have reinvested heavily in product development—about $100 million in R&D to date. The company is expanding internationally with new offices and a growing partner network while positioning itself to address accelerating AI-driven attack threats.

Participated · 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 · Series B · Apr 2026

Orkes builds and operates Conductor, a platform and runtime designed to orchestrate durable, long-running, non-deterministic workflows that include branching, retries, tool calls, and human-in-the-loop steps. The company says Conductor has been widely adopted by enterprises for mission-critical workflows and for building AI agents. Orkes recently open-sourced Agentspan to foster community-driven development of agentic applications and runtimes. The Series B provides $60M in growth capital to double down on the platform and support accelerated adoption as application and agent building accelerates. The announcement frames the company as positioned at an inflection point for software where durable execution, state, and observability are becoming critical. No revenue, user, valuation, or founding-year details were disclosed in the announcement.

Led · Equity · Apr 2026

Creao AI delivers a closed-loop platform where AI both builds tools and runs them: users converse with a cloud-based super agent that writes code, connects integrations, and executes tasks in a sandboxed environment. Successful runs are saved as reusable Agent Apps with memory and scheduling, enabling autonomous execution and agent-to-agent chaining. The product architecture comprises a Coding Agent (agents that build tools), Autonomous Execution (scheduled, chained runs), and a Workspace for human orchestration. Since launching in September 2025 after several pivots, the company has reached 200,000 users through organic adoption and runs many internal operations on its platform with a roughly 20-person team. Founders include CEO Kai Cheng, CTO Peter Pang (ex-Llama 3 researcher), and Clark Gao; Creao AI was founded in 2024 and has raised $25 million to date.