Participated · Equity · May 2026

Slamcore develops spatial intelligence software that uses stereo cameras and proprietary visual AI to continuously track the position and behavior of industrial vehicles without GPS, beacons, floor markers or other infrastructure. Its products, Slamcore Aware and Slamcore Alert, provide facility-wide vehicle visibility and monitor driver behavior and proximity to pedestrians and structures. The company says its solutions are deployed across more than 30 facilities in Europe and North America and have scaled to hundreds of units in under two years. Headquartered in London, Slamcore has raised a total of $40 million following the latest $14 million round. Company leadership and investors emphasize the operational datasets produced by deployments as a foundation for future physical AI applications.

Participated · Equity · Mar 2024

Claroty develops an industry-centric cyber-physical systems (CPS) protection platform that delivers asset visibility, exposure management, network protection, secure access, and threat detection across cloud (xDome) and on-premise (Continuous Threat Detection) deployments. In 2025 the company introduced the AI-powered CPS Library, created with Schneider Electric and Rockwell Automation, to improve asset cataloging accuracy, and it has forged strategic alliances with AWS, Google Security Operations, and Parsons' SealingTech. Claroty now serves hundreds of organizations at thousands of sites, including 24 of the Fortune 100, and was named a Leader in Gartner’s 2025 CPS Protection Platforms Magic Quadrant and Forrester’s Q3 2025 IoT Security Wave. The firm reported an 80% valuation jump since its prior financing in March 2024. Recent executive hires include former Ford AI chief Gil Gur Arie as CPO and retired U.S. Air Force Colonel Jen Sovada to head public-sector efforts. Proceeds from the latest round will fund global expansion—both organic growth and acquisitions—as Claroty pursues its goal of building the market’s most comprehensive CPS protection suite.

Participated · Series C · Feb 2024

ZEDEDA provides edge management and orchestration software (including the open-source EVE-OS architecture) that reduces the cost of managing distributed edge infrastructure while increasing visibility, security and control. The company delivers an integrated technology stack intended to simplify security and remote management of edge workloads and claims tens of thousands of nodes under management. ZEDEDA is expanding its global footprint with a newly opened Middle East headquarters in Abu Dhabi to house sales, engineering and customer support teams. It announced new regional cloud support to help customers meet data residency requirements while leveraging cloud-native technologies and AI capabilities. ZEDEDA plans to recruit local talent and develop partnerships with Middle East solution providers to strengthen its ecosystem. The company reports teams in the United States, Germany and India and positions the Abu Dhabi hub as a fourth strategic operations center. ZEDEDA offers edge management and orchestration software that reduces the cost of managing distributed edge infrastructure while increasing visibility, security and control. Its platform delivers instant time to value and supports modern AI-based applications with offerings such as ZEDEDA Edge Application Services and ZEDEDA Edge Kubernetes Service. The company reports tens of thousands of nodes under management and said nodes under management grew more than 300% year-over-year. Annual recurring revenue grew more than 250% year-over-year, and ZEDEDA counts 12 Global and Fortune 500 customers, including an automaker standardizing ZEDEDA across 70,000 dealerships, manufacturing facilities and service centers in 153 countries. ZEDEDA plans to use the new funding to expand sales and marketing, accelerate research and development, and continue hiring for sales and engineering roles globally. The company has teams in the United States, Germany and India and has achieved ISO/IEC 27001:2022 certification. ZEDEDA offers an edge management and orchestration platform that enables deployment and connection of cloud-native workloads—such as AI and computer vision—across distributed industrial environments. Its solution integrates with Emerson’s DeltaV automation system to extend DeltaV to the distributed edge and bridge IT and OT. The company is deployed within Fortune 500 firms across manufacturing, automotive, energy, and retail. ZEDEDA has quadrupled its nodes under management since 2021, signalling rapid operational growth. It recently closed a $26 million Series B financing. The firm positions its platform to modernize existing operations by delivering software-defined automation and extending cloud capabilities to the edge. The expanded relationship with Emerson includes both commercial integration and a strategic investment from Emerson Ventures. Zededa offers a software-as-a-service edge orchestration and virtualization stack that manages edge devices, guides deployments, and runs apps on bare-metal hardware or in virtual machines. Its product builds on the Linux Foundation’s EVE-OS and is vendor-agnostic, supporting devices from OEMs like SuperMicro. Use cases include monitoring sensors and security cameras, updating software in cell towers, and industrial deployments across IT infrastructure, industrial automation and oil & gas. The company reports its edge devices under management grew 4x in the past year while revenue grew 7x. Zededa has roughly a 100-person team across the U.S., Germany and India and plans to expand R&D, sales and marketing within the year. Future product focus includes improving ease of use and security, broadening integrations and enabling legacy-application updates and simplified AI/ML solutions. ZEDEDA provides a cloud-native, vendor-agnostic orchestration platform that enables enterprises, OEMs and system integrators to deploy and manage any application on any hardware at the distributed edge. Its as-a-service solution offers visibility, control and security for on‑premises, near‑premises and field edge deployments and supports any cloud or on‑premises system. The company plans to use new capital to scale operations and accelerate R&D, sales and marketing. ZEDEDA announced a highly oversubscribed $12.5M expansion to its Series A and has $28.5M in total funding to date. It expects to more than triple the number of customer edge nodes under management by mid‑2021. ZEDEDA is headquartered in San Jose, CA, with offices in Bangalore and Pune, India.

Participated · Series E · Nov 2023

Infinitum designs patented air-core, axial-flux motors that are lighter, smaller, and more efficient than traditional motors, targeting applications including mission-critical data centers, commercial HVAC, pumps, and industrial equipment. The company’s motors rely on high-powered printed circuit board (HP-PCB) stators, which it says are central to its efficiency and light weight. Infinitum has more than 100 pending or issued patents and has developed a manufacturing approach that reduces copper usage and waste. The company was selected by the U.S. Department of Energy’s Office of Manufacturing and Energy Supply Chains to negotiate funding to accelerate domestic clean energy manufacturing. Infinitum plans to establish an HP-PCB stator manufacturing facility expected to be located in Rockdale, Texas, which the company says could create up to 170 operating jobs and 125 construction jobs. The project and facility aim to strengthen U.S. supply chains for critical components that are currently produced largely overseas. Infinitum develops patented air-core motor systems that aim to sustainably power energy-intensive applications in data centers, hospitals, buildings, logistics, manufacturing and industrial facilities. Its motors consume 10–65% less energy than traditional motors, are about 50% smaller and lighter, and use 66% less copper. Infinitum motor systems include an integrated variable frequency drive and can be customized for specific power and torque requirements; their modular design enables servicing, repair, remanufacturing and recycling. The company cites U.S. Department of Energy estimates that implementing advanced motor technology in U.S. industrial and commercial sectors could save 127 TWh/yr, $14.7 billion, and reduce 90.2 MMT of CO2. Infinitum is based in Austin, Texas and is led by founder and CEO Ben Schuler. The company said it will use new funding to scale production, meet customer demand and accelerate decarbonization. Infinitum develops patented air-core motors that replace iron-core, copper-wound stators with a lightweight printed circuit board stator and a built-in variable frequency drive. Its motors are roughly 50% smaller and lighter, use 66% less copper, have no iron in the stator, and consume about 10% less energy than traditional motors. The printed circuit board stator is described as 10x more reliable, and the motor’s modular design enables component reuse while manufacturing and servicing are less carbon intensive. Infinitum positions its product to enable variable-speed operation across industrial applications (compressors, pumps, fans, material handling) to cut energy use and emissions. The company is partnering with Rockwell Automation to develop a motor and low-voltage drive solution to be distributed through Rockwell’s channels. Infinitum is based in Austin, Texas and intends to scale production to meet customer demand and drive industrial decarbonization. Infinitum produces a patented air-core motor that is 50% smaller and lighter, uses 66% less copper, contains no iron, and consumes about 10% less energy than conventional motors. Its motors are modular by design, allowing housings, rotors, and stators to be reused multiple times and extending service life beyond typical 10–20 year motor lifetimes. The company recently rebranded as Infinitum and is renaming product lines (IEs to Aircore EC, IEm to Aircore Mobility, and IEalt to Aircore Power Gen) as it pushes commercialization. Infinitum is based in Austin, Texas and operates a 65,000 square foot production facility in Mexico. The company plans to expand and fully automate assembly at that Mexico facility to meet a significant increase in demand. Leadership says the goal is to scale production this year and next while advancing decarbonization and circularity in industrial, commercial, and mobility applications. Infinitum Electric designs and manufactures patented air-core motor systems that replace heavy iron with printed circuit boards to deliver comparable power at half the size and weight and lower noise and carbon footprint. Its integrated motor systems include motor, variable frequency drive (VFD) and embedded IoT in a single compact package, and the motors are reported to be about 10% more efficient than conventional motors. Since launching its IEs Series in 2020 the company has secured customer agreements representing more than $900 million in potential orders across heavy industry, manufacturing, HVAC and transportation. The company plans to vertically integrate and automate production, complete development and commercialization of a traction motor for the electric-vehicle market, and expand high-volume production out of its facility in Tijuana, Mexico. Infinitum moved its headquarters to a larger facility in Round Rock, Texas, and said it will double its U.S. workforce in 2022 with an additional 50 employees across Round Rock and Spokane, Washington. The company is based in Austin, Texas and has positioned its technology to address large-scale electrification and decarbonization opportunities.

Participated · Series B · Jun 2020

Atom Power offers the world’s first commercial solid‑state digital circuit breaker and a PURPL EV charging solution that digitizes power delivery from meter to car. Its technology converts analog power distribution into a flexible, software‑defined system intended to change EV charging economics and speed deployments. The company says it has landed dozens of corporate customers and secured the largest single multi‑family EV charging project in New York City. Atom Power is headquartered in Huntersville, North Carolina, and is led by CEO Ryan Kennedy. Financially, the company completed a $100 million growth round led by SK Inc. and SK Energy, and SK also acquired an additional $50 million stake via prior investors. The funding is intended to support U.S. expansion and eventual global growth in partnership with SK. Atom Power designs and manufactures a suite of intelligent products including a digital circuit breaker, distribution panel and software that enable complete control and customization of electrical infrastructure for commercial and industrial applications. Led by CEO Ryan Kennedy, the company focuses on scaling its intelligent power management platform. It raised $17.75m in a Series B and has raised $23m in total funding. Atom Power intends to use the funds to develop the next-generation digital circuit breaker and to scale its platform. The company plans to integrate renewables into the grid, build more efficient data centers and support other sustainable energy initiatives. It will also apply its technology to advanced e-mobility to change how EV charging infrastructure is deployed through inherent demand management that saves energy and costs. Atom Power Inc. is a Charlotte-based energy startup founded in 2014 that develops solid-state switching technology. The company developed the first commercially viable solid-state circuit breaker and targets commercial and industrial power distribution. Its CEO is Ryan Kennedy. In a recent SEC filing the company disclosed it raised $3 million in a private equity and options offering. The filing said the funds came from three investors and noted earlier in the year Atom Power secured a large, undisclosed investment from Siemens.