Participated · Equity · May 2025

VFlowTech develops vanadium redox flow battery (VRFB) systems and hybrid batteries for long-duration energy storage and offers an AI-driven cloud energy management platform to manage, monitor and optimise distributed renewable assets. The platform also provides energy trading and ancillary services for the grid. Established in 2018 and based in New Delhi, the company has deployed its long-duration storage systems across more than 10 countries. VFlowTech raised $20.5M to support strategic expansion into India’s clean energy sector and to scale hiring across engineering, research and operations. The company plans to advance vanadium recycling and create innovations around electrolyte manufacturing in India to build local supply chain efficiencies. VFlowTech manufactures vanadium redox flow batteries branded as PowerCubes, featuring a power stack design that enables a more compact form factor, higher-than-industry round-trip efficiency, reduced parasitic losses and operation above 55°C. Different PowerCubes can be deployed from residential settings to solar and wind farms; the company has commercially deployed 30 kWh and 100 kWh units for residential applications and completed production of its MWh system for large-scale microgrid applications. Led by CEO Dr Avishek Kumar, VFlowTech employs a team of 60 people. The company raised US$10M in a Series A to support scaling and manufacturing. It intends to use the funds to set up a 200 MWh production line capacity and scale manufacturing of its 250 kWh modular vanadium-based long-duration energy storage solutions. VFlowTech also plans to expand its market presence to Türkiye, the US, Japan and India with new partners and to strengthen the management team over the next year. VFlowTech is a Singapore-based energy storage solutions provider that designs and manufactures long-duration modular batteries. Led by co-founder and CEO Dr. Avishek Kumar, the company has developed three modular systems—5 kW/30 kWh, 10 kW/100 kWh and 100 kW/500 kWh—that can be scaled to multi‑MWh deployments. A 10 kW/100 kWh system can provide up to two days of energy autonomy for small households and remote communities, the company says. In the past year VFlowTech has been delivering solutions to independent power producers, EPCs and other users worldwide and has a pipeline of large-scale infrastructure projects in markets including Australia and Africa. VFlowTech raised US$3M in a Pre‑Series A round and intends to use the funds to expand manufacturing and distribution of its long-duration modular batteries. The company aims to help remote and rural communities transition to low-cost reliable cleantech solutions and become diesel-free.

Participated · Seed · Sep 2021

Clockwork Logistics Systems provides a cloud and mobile POD data logistics platform that automates tendering, dispatch and delivery processes and extends existing operating systems to truck carriers and drivers. The platform captures precise Proof of Delivery data in the delivery moment and is used to digitize complex deliveries including port drayage, LTL, expedited air and final mile. The company manages approximately 1.2 million shipments annually across North America, Brazil, Singapore, Taiwan, Thailand, China, Japan, Korea, Europe and Africa. Led by founder and CEO Rob Haney, Clockwork aims to expand operations and broaden its business reach using the newly raised capital. The product integrates with carriers and drivers to improve data quality and operational visibility for customers. The company intends to deploy the seed proceeds to scale operations and geographic coverage. SensorTransport provides digital tracking, proof of delivery and condition monitoring by combining a smartphone app with low-cost Bluetooth IoT sensors. The sensors log data throughout the cargo journey and are automatically read at delivery using drivers' existing smartphones, which act as an IoT gateway. All captured sensor and shipment data are uploaded to a cloud-based platform and accessed through an online dashboard called the Command Console. The company offers digitized delivery at a disruptive price of less than one euro per shipment. Top brands and leading freight forwarders are already customers, and a Global 3PL customer praised the solution for ensuring only perfect goods enter the market. The company has opened a satellite office in New Jersey and says fresh capital will be deployed primarily into sales and product development.

Participated · Equity · Feb 2020

ClearMetal builds a Continuous Delivery Experience (CDX) platform for supply chain and logistics that uses proprietary machine learning to cross-reference inputs, enrich data, and surface trustworthy, actionable information. The platform continually learns and adjusts to drive constant improvement in delivery and customer experience, and the company has multiple patents pending. ClearMetal says the new funding will enable further development of its CDX Platform and accelerate go-to-market efforts with top-tier clients. Financially, the company reported 400% year-over-year revenue growth and has raised more than $31M to date after an additional $15M round. ClearMetal doubled its workforce, expanded its San Francisco headquarters, and opened offices in New York, Chicago, Houston, London, and Switzerland. It serves customers on four continents and has added senior sales and marketing leadership to support growth. ClearMetal offers a SaaS platform that uses artificial intelligence to canonicalize freight data and provide end-to-end visibility across supply chains. Its technology delivers predictive insights to help companies make inventory decisions, predict transit delays, and select ocean carriers by analyzing service reliability. The platform aims to replace spreadsheets and legacy systems by standardizing freight data and surfacing actionable predictions to avoid emergency air shipments and cut costs. Customers have cited tens of millions of dollars of value potential; named customers include Panalpina and Georgia‑Pacific. The company was founded by CEO Adam Compain with Diego Canales (head of engineering) and Will Harvey (head of technology). ClearMetal is based in San Francisco and has raised a total of $12 million to date, including a $3 million seed in February 2016 and a $9 million Series A. ClearMetal provides large shipping carriers with a Predictive Intelligence Platform that uses artificial intelligence to predict equipment, trade, vessel and shipper needs. The platform is designed to help users improve asset allocation and predictive trade management processes. ClearMetal is based in San Francisco, CA and was co-founded by Adam Compain (CEO), Diego Canales and Will Harvey. The company closed a $3m seed financing to support its growth. Management says it intends to use the funds to expand operations.