Participated · Series B · Apr 2026

SOLAR MATERIALS has developed a patented process to recover high-quality, sort-pure materials — including glass, aluminum, copper, silver and silicon — from end-of-life crystalline silicon solar modules, which comprise more than 95% of the global installed base. The technology has been industrially validated and the company positions modules as a resource rather than waste, addressing rising volumes of retired panels in Europe. SOLAR MATERIALS is scaling its recycling technology across larger industrial sites and is working to extend the process to additional module technologies. The company has secured up to €20 million in a Series B to accelerate European scale-up and site buildout, and has formed a strategic partnership with NOVA by Saint-Gobain to feed recycled glass into float-glass production. No specific revenue, user or other operating metrics were disclosed in the article.

Participated · Series B · Mar 2025

Noble Gas Systems, based in Wixom, Michigan, develops and manufactures conformable high-pressure, lightweight storage and delivery systems for compressed gases including hydrogen, natural gas, air, oxygen and nitrogen. The company raised $4.2M in a Series B financing. Its gas storage system can be fabricated in a variety of shapes and sizes to be integrated into existing product configurations. Target end markets include transportation, defense, aviation, marine and industrial gas industries. Noble Gas recently relocated to a 32,000 sq. ft. facility in Wixom to consolidate commercial and manufacturing operations as its world headquarters. A pilot manufacturing plant is in development to produce vessels for low-production-volume projects and the company plans to expand its research and development teams. Noble Gas Systems develops and manufactures high‑pressure hydrogen gas storage tanks. Its tanks are comprised of a polymer liner, woven reinforcement and a protective outer shell. The systems can accommodate hydrogen, natural gas, air, oxygen and nitrogen. Storage systems can be fabricated in a variety of shapes and sizes to integrate into unique and existing product configurations. The technology has applications in transportation, defense, aviation, marine and industrial gas industries. The company raised $3.5M in a Series A to support commercialization of its 350 bar (5,000 psi) systems and accelerate development of its 700 bar (10,000 psi) technology; Chris Kondogiani is CEO.

Participated · Series B · Oct 2024

Merlin Solar develops flexible solar panels built from monocrystalline silicon with increased front-and-back interconnections and springy interconnects to remain electrically resilient to cracking. The panels are significantly lighter than typical glass-framed modules, include an adhesive backing, conform to curved surfaces, and can route power around partially shaded cells. Merlin has found early traction with recreational-vehicle owners and commercial fleets, and has sold panels to customers including Perdue, Daimler, and Ryder for truck installations to reduce idling. The company’s design commands a price premium versus conventional panels, so Merlin targets applications where cost is not the sole decision factor; the company says ROI can be about a year and a half when minimizing truck idling. To scale, Merlin is eyeing the rooftop solar market and pursuing partnerships to expand its addressable market. The company recently completed a $31 million Series B to support that scaling and channel expansion.

Participated · Series A · Sep 2024

Treble provides a cloud-based sound simulation and synthetic audio data generation platform for applications across buildings, cars, tech products and immersive reality. The company was founded in 2020 by acoustic engineers Dr Finnur Pind and Jesper Pedersen and launched its platform in 2023 after close to a decade of research. Treble’s proprietary simulation technology has been benchmarked to be more than 100x faster than existing sound simulation solutions. Within a year of launch the platform is being used by some of the largest companies in tech, buildings, audio and automotive, including three of the five leading global tech giants and the world’s largest engineering consulting firms. The company plans to expand its team, enhance R&D, forge new enterprise clients and tap into new markets. Treble has raised €11m in a Series A to support those plans. Treble Technologies develops a cloud-based virtual sound platform that connects with major gaming engines and 3D modelling software to simulate sound and spatial audio in virtual environments. The company’s proprietary technology is aimed at industries including construction, automotive, consumer electronics, and the metaverse. Treble was founded in 2020 by acoustic engineers Dr. Finnur Pind and Jesper Pedersen and is based in Reykjavík, Iceland. Notable users include architecture studios Henning Larsen and Bjarke Ingels Group, as well as engineering firm COWI. The company plans to use the new funding to accelerate its digital sound capabilities and scale its virtual sound platform. The article does not disclose revenue or other operating metrics.

Participated · Seed · Jan 2024

KOPE builds a purpose-built platform for offsite construction that enables companies to evaluate and apply prefabricated products to new or existing projects. The platform provides deep integration with the offsite construction supply chain and lets users instantly see the impacts of differing solutions across the design process. KOPE aims to improve efficiency, reduce costs and waste, and help organisations meet sustainability goals while supporting a shift away from traditional construction methods. The company plans to further develop its product to accelerate industry adoption of prefabrication and offsite manufacturing. KOPE recently secured £5.5m in seed funding to support product development and growth. Statements from the CEO and investors in the article emphasise the team’s domain knowledge and the transformational potential of its approach for industrialised construction methods.