Participated · Series B · Aug 2026

Multiplier Holdings acquires established, niche professional-services firms that retain their names and leadership while gaining long-term capital, shared infrastructure and custom AI tools. The company embeds a team of more than 30 technologists inside its firms to identify and build AI-driven workflows that reduce manual work and expand practitioner capacity. Multiplier is structured as a permanent holding company rather than a short-term acquirer, and founders and leadership teams remain with their firms after acquisition. To date it has acquired eight firms, completed five acquisitions in the past year, has four additional firms under signed term sheets, and serves clients in more than 10 countries. Leadership includes founder and CEO Noah Pepper and newly appointed President and CFO Allen Shim, the former Slack CFO. The company plans to use recent funding to continue firm acquisitions and to grow its technology and operating teams.

Participated · Series C · Jul 2026

Antora Energy develops and deploys factory-built thermal batteries that store low-cost electricity as heat in insulated solid-carbon blocks and deliver that energy as heat or power on demand. The company says its systems can store energy for multiple days, avoid supply-constrained critical minerals, and be deployed faster than conventional multi-year projects. Antora recently brought one of the largest battery storage projects online—a 5 gigawatt-hour system in South Dakota that moved from construction to energy delivery in under 12 months—and expanded its San Jose factory into a three-building manufacturing campus. The company reports a growing pipeline of signed agreements with hyperscalers and industrial customers and states its deployments have created and supported hundreds of U.S. manufacturing and construction jobs. With the $550 million Series C, Antora plans to expand production capacity, establish a second U.S. manufacturing hub, and strengthen its domestic supply chain. The company positions its technology as a tool to deliver affordable, reliable energy at scale to industry, data centers, and the grid.

Led · Seed · Jul 2026

Enigma develops proprietary robotic arms and the underlying AI models and runs a public experiment that lets people interact online with more than 100 of its robots. The company says it built both its hardware and models from the ground up and operates hangars in Israel and California where the robots perform tasks ranging from drawing with a paintbrush to simple chemistry experiments. Enigma was co-founded by Jonathan Jacobi and Gal Niv, who previously served together in Israel’s Unit 8200, and has recruited talent from top AI labs and Israel’s tech ecosystem. The startup launched from stealth after being founded less than a year prior to the report and is running large-scale tests to learn how humans prefer to communicate with robots. Enigma has partnerships underway with companies in healthcare, logistics, and entertainment and is using its seed funding to scale its experiments and technology development.

Participated · Series H · Jul 2026

CRED operates a member-only fintech platform that helps creditworthy Indians manage credit cards, make payments, monitor scores and access curated rewards, shopping, travel and premium experiences. The company reports 1.7 crore (17 million) monthly members, processes over 40% of credit card bill payments in India, and has grown lending-related managed AUM to ~₹24,000 crore for partner financial institutions. CRED disclosed approximately ₹3,200 crore in revenue and said it is profitable, and it holds a full stack of licences. Management describes the business as having created a new category since its 2018 founding and is positioning for institutional strengthening and an eventual public listing. Recent leadership changes include founder Kunal Shah stepping back from the CEO role to join Meta’s global leadership team and Miten Sampat being named interim CEO.

Led · Equity · Jun 2026

Morpho Labs operates a decentralized lending and borrowing protocol that aggregates markets and allows users to create their own on-chain lending markets with bespoke risk parameters. The protocol had about $6.6 billion in assets locked and counts customers and integrators such as Coinbase, Kraken, Anchorage Digital, and Galaxy Digital. Morpho was initially built on top of Aave before evolving into a distinct protocol that seeks to compete with incumbents by offering customizable markets and higher yields. The team includes cofounder Paul Frambot, who launched the project at age 20, alongside Merlin Egalite, Julien Thomas, and Mathis Gontier Delaunay. Morpho has experienced some security exposure tied to a broader exploit that affected Aave but has continued to grow adoption. The company has signaled plans to court traditional financial institutions as it further develops its protocol and market reach.