Participated · Series C · Jun 2026

Founded in 2019 by David Reger in Metzingen, Germany, NEURA Robotics builds ‘cognitive’ robots that can see, hear, sense their surroundings and learn from experience. The company integrates sensors, AI software and robotic hardware into single devices, likening its machines to a “smartphone with arms and legs.” In addition to hardware, it offers the Neuraverse software platform, which enables the safe deployment and interaction of intelligent robots with humans. NEURA serves both industrial and consumer markets and has disclosed nearly $1 billion worth of purchase orders from customers such as Kawasaki Heavy Industries and Omron. Management is focused on accelerating humanoid robot development and scaling production capacity. Financially, the firm previously secured €120 million in January 2025 and is now pursuing a much larger raise to fund expansion. If successful, the new round could push the company’s valuation to approximately €4 billion.

Participated · Series A · May 2026

Agrani Labs was founded by former Intel and AMD engineers and emerged from stealth in 2026. The company is developing a full-stack AI compute platform that combines custom AI GPUs, compilers and system software aimed at AI inference workloads and CUDA compatibility. It is collaborating with academic institutions, semiconductor partners and government research bodies to speed development. Agrani is currently in the process of raising a $100 million Series A to fund research, manufacturing and engineering. The startup aims to reduce dependence on proprietary platforms and streamline adoption for data center customers. It is positioning itself to compete in the growing global AI datacenter silicon market while leveraging India’s engineering talent.

Participated · Series D · Apr 2026

Wayve builds an end-to-end neural network-based self-driving system that uses raw data from whatever sensors are on a vehicle rather than relying on specific sensors, chips, or high-definition maps. Its software underpins two commercial products: an "eyes on" assisted-driving system requiring driver attention, and an "eyes off" fully automated-driving system intended for robotaxis and some consumer scenarios. The company sells directly to automakers and has landed customers including Nissan, Mercedes-Benz, and Stellantis, with Nissan planning integration into ADAS from 2027. Wayve’s software is designed to run on a variety of automotive compute platforms, a capability it is expanding through strategic investments from chipmakers. Financially, Wayve recently closed a $1.2 billion Series D and announced a $60 million extension from semiconductor partners, with an additional $300 million milestone-based commitment from Uber. The company is using new funds to support integration across compute platforms and continued production deployment of the Wayve AI Driver.

Participated · Series B · Aug 2024

Butlr is an MIT Media Lab spinout led by CEO Honghao Deng that builds a physical AI platform and sensors to understand subtle movements in a space. Its technology discerns activity, occupancy, indoor location, and body posture while being purposely designed to be incapable of capturing personally identifiable information. The company sells sensors and data used by employers, hospitality companies, retailers, and senior living communities to identify patterns and behaviors. Customers named in the articles include Walmart, 9solutions, Carrier, Qualcomm, Shell Point, and Verizon. Butlr positions its product to inform decisions about real estate investment planning, asset management, occupancy, health, and energy efficiency. The company intends to use recent funding to expand its presence, mainly in senior care communities. Butlr provides an anonymous people sensing platform that uses body heat and machine learning to detect occupancy, headcount and activity and to generate accurate, real-time and historical spatial insights. The platform is designed to be incapable of collecting personally identifiable information. Its patented technology architecture enables deployment in minutes with a low total cost of ownership. Commercial real estate and assisted living facilities use Butlr to drive space utilization, optimize pricing, streamline operations, and improve the user experience. The company was founded by Honghao Deng and Jiani Zeng, both named to Forbes 30 Under 30. Butlr intends to use the $5M raised to accelerate growth, expand operations and broaden its business reach. Butlr develops palm-sized thermal sensors and AI that estimate office occupancy by detecting body heat and streaming anonymized "temperature pixels" to a cloud dashboard and API. The sensors require only a Wi‑Fi connection and a hub, claim multiyear battery life, and are designed to preserve privacy by not capturing images. Its products target commercial real estate and senior living, with use cases including space planning, facilities management, smart cleaning integrations (via partner Infogrid) and a fall-detection service priced from $120 per sensor per year. The company was spun out of MIT Media Lab and co-founded by Honghao Deng and Jiani Zeng. Butlr has landed Fortune 500 customers including Georgia Pacific and Carrier but declined to disclose revenue or customer counts. The company is expanding its 50-person workforce and plans to use new funding to accelerate product development and grow its go-to-market team while exploring additional markets like assisted care facilities. Butlr develops anonymous, wireless thermal sensors (Heatic) and a spatial-intelligence platform that converts five frames-per-second body-heat data into occupancy, headcount and activity insights. Its palm-sized wireless sensors require one-time setup, run on batteries for two years, and intentionally do not capture faces to preserve privacy. The company sells basic kits starting at $880 and offers space-designing software and an API for customers to plan sensor placement and integrate insights. Butlr was spun out of the MIT Media Lab in 2019 and is based in Burlingame, California. It is shipping out hundreds of thousands of sensors and grew almost 10x in revenue last year. Management is targeting market expansion and further technology development, including a more advanced API and new use cases such as assisted living fall detection and traffic-flow monitoring. Butlr develops ceiling-mounted, wireless, battery-powered passive-infrared sensors combined with AI to track people’s indoor movement without identifying individuals. The sensors detect body heat to infer motion, pathways, occupancy and queue lengths, enabling applications like mood lighting, HVAC control, queue management and after-hours alarms. The company says its technology is deployed in about 200,000 retail stores and has customers including supermarket chain 99 Ranch Market and the Louvre Museum in Abu Dhabi. As the COVID-19 pandemic hit, Butlr retooled its software to add maximum-occupancy and queue-management features and tested them in China before rolling the updates out to global customers, including in the United States. The startup emphasizes privacy by design—the sensors track location and movement but do not capture identity—and positions itself as a lower-cost alternative to cameras and facial recognition. Financially, the company closed a $1.2 million seed funding round last month as demand shifted toward pandemic-driven store reopening tools.

Participated · Series E · Feb 2024

Shadowfax operates a unified last-mile logistics platform serving hyper-local and on-demand delivery businesses, including quick-commerce firms and D2C brands. The company’s network reaches over 2,500 cities and more than 15,000 zip codes, making over 2 million package deliveries each day and serving 3.5 million registered users. It runs a logistics and delivery workforce of over 125,000 monthly active delivery personnel and reports it has not lost a customer in five years. Shadowfax says it has remained profitable while growing at a 35% annual rate, driven by wider adoption of quick-commerce in India. The startup works with clients such as Flipkart, Meesho and numerous direct-to-consumer brands and is focused on scaling instant and same-day delivery capabilities. Founded in 2015 by Abhishek Bansal and Vaibhav Khandelwal, Shadowfax operates a tech-enabled logistics network offering hyper-local, same-day, and next-day deliveries across more than 150 cities and towns. The company serves clients including Amazon, Swiggy, BigBasket, Nykaa, and Paytm. Fidelity International is its largest investor, holding roughly a 37% stake, and local reports have valued the company at about USD 200–250 million. Shadowfax says it will invest in onboarding more kirana (mom-and-pop) stores onto its platform and build automated warehouses across the top 10 cities to enable backward integration and end-to-end service. Management has publicly stated plans to grow 10x over the next four years and to pursue an eventual public listing. The business positions itself as a provider of on-demand logistics and hyperlocal fulfilment technology for e-commerce and grocery players. Shadowfax Technologies is a Bengaluru-based on-demand delivery startup that connects micro-entrepreneurs, suppliers and customers across grocery, food, fashion and electronics through a singular logistics platform. Co-founded in 2015 by Abhishek Bansal (CEO) and Vaibhav Khandelwal, the platform uses an AI-based location stream processing engine called Frodo to optimize routing, costs and service levels. It operates a crowd-sourced network of more than 30,000 delivery partners and says it delivers more than 90,000 unique orders every day. The company intends to use the $22m Series C to scale operations and is projecting 150% year-on-year growth for the next five years. Shadowfax aims to connect 4 lakh new businesses and delivery partners by 2021, up from the current 40,000 connections. The company previously raised $18.5m from Eight Roads Ventures in 2015 and 2016 and acquired hyperlocal delivery business Nuvo Logistics Pvt Ltd last year. Shadowfax Technologies is a Gurgaon-based hyperlocal delivery service operating in the Delhi-NCR region. The company provides a technology-driven merchant delivery framework including integrated GPS tracking, automated routing algorithms, restaurant-preparation-time logic, automatic rider scheduling, app communication, instant feedback, geo-based tracking and location-based rider allocation. Shadowfax reports about 35 employees, 350 riders, serves 120–150 restaurant partners and claims roughly 3,000 orders per day. It was launched in May this year by Abhishek Bansal (an IIT Delhi alumnus) and Vaibhav Khandelwal, with management emphasizing technology to improve last-mile delivery efficiency. Shadowfax raised around Rs 1.90 crore ($300,000) in angel funding and will use the proceeds to expand into 10 more cities by year-end. The company also plans to broaden its logistics infrastructure beyond food delivery into multiple categories.