Participated · Series A · Nov 2022

Loop builds AI systems that ingest and structure unstructured supply-chain data—such as PDFs, paper records, and messages—by coordinating multiple models (both in-house and frontier models) to automate tasks and surface diagnostics and predictions. The company claims its platform can save customers thousands of dollars quickly and is expanding to incorporate ERP and transportation management system integrations as well as more supplier and warehouse data. Loop’s goal is to move beyond diagnostic insights to predictive and prescriptive recommendations that reduce risk and improve working capital. The startup is scaling its engineering team with proceeds from its recent Series C to accelerate product development and customer integrations. Loop has attracted high-profile investors, including Valor, 8VC, Founders Fund, Index Ventures, J.P. Morgan Growth Equity Partners, and early backers such as Flexport founder Ryan Petersen. The founders, CEO Matt McKinney and CTO Shaosu Liu, previously met while working at Uber.

Participated · Series B · May 2022

Pachama develops technology that harnesses satellite data and AI to deliver insights on how forests sequester carbon, protect wildlife, and support local livelihoods. The company provides tools that help companies identify and invest in high-quality reforestation and conservation projects and helps land stewards estimate carbon, start projects, and secure funding. Pachama has evaluated projects worldwide and developed Pachama Original projects in Brazil, Mexico, and the United States, and has served clients such as Salesforce, Nespresso, Shopify, and Boston Consulting Group. In Q3 2023 the company reported 57% year‑over‑year growth in credits retired, underscoring increased demand for its rigorously vetted projects. The additional capital announced in the extension will fund R&D in AI applied to geospatial data and expand products and services for companies and project developers. Pachama also announced board appointment of Ebony Beckwith as an independent board member as it scales its nature-based climate solutions. Pachama is a San Francisco-based technology company that leverages satellite imagery, remote sensing and machine learning to measure the carbon stored in forests and monitor forest growth over time. Through its platform, responsible companies can confidently invest in high-quality forest conservation projects verified by Pachama’s evaluation process. The company says it has worked with 46 forest project developers in 14 countries, reviewed over 150 forest projects globally and counts more than 800 sustainably-minded organizations as customers, including Salesforce, Microsoft, Nespresso, Airbnb, Netflix, Softbank, Vuori, and Flexport. Pachama intends to use the Series B proceeds to continue building a scientifically rigorous, technology-based approach to forest carbon credit verification, acquire talent, expand efforts to reach corporate and forest developers, accelerate R&D, and scale the technology needed to transform carbon markets. Diego Saez Gil is CEO and co-founder and the company is based in San Francisco, CA. The new round brings Pachama’s total investment secured to $79M. Pachama operates a verified marketplace for forest carbon credits that combines satellite imagery and machine learning to improve transparency and verifiability. The company says its technology enables validation, monitoring and measurement of forest projects to support corporate carbon-offset purchases. Pachama launched in 2020 and has attracted paying customers including Mercado Libre, Microsoft, Shopify and SoftBank, and received a public shout-out from Jeff Bezos. The startup has recruited talent from companies such as Google, Facebook, SpaceX, Tesla, OpenAI, Microsoft, Impossible Foods and Orbital Insights. Pachama plans to use new funding for product development and continued expansion of its marketplace. Financially, the company raised $15 million in its latest financing and has amassed nearly $24 million in capital since its 2020 launch. Pachama provides remote verification and monitoring of forestry offset projects using satellite imagery and AI to measure carbon captured by forests. The company offers enterprise tools to onboard and monitor carbon removal projects, creating new levels of measurement, monitoring, and verification. Pachama said it will scale its forest restoration and conservation emissions‑reduction monitoring service. To support that effort it raised $5 million in fresh funding, bringing total capital raised to $9 million. The product is positioned as timely amid Western US wildfires and ongoing deforestation globally. Founder Diego Saez‑Gil lost his home in the California wildfires earlier this year, and investors cited growing corporate demand from businesses with ESG commitments. Pachama builds a marketplace to connect verified reforestation projects with buyers of carbon offsets and provides monitoring and management services using satellite imagery and sensors. The company verifies projects approved by existing certification bodies and seeks to bring trust and independent validation to carbon markets. Founder Diego Saez-Gil launched the effort after observing deforestation impacts firsthand and the company currently lists 23 forest projects in Brazil, Peru and multiple U.S. states (California, Vermont, New Jersey, Connecticut and Maine). Pachama raised $4.1 million from a consortium of investors to create the marketplace and its monitoring software. Its business becomes profitable only if carbon prices exceed about $15 per ton; today only California and European markets have reached that level. The team sees regulatory demand (for example CORSIA for airlines) as a potential driver of future offset demand and plans to scale listings and verification to meet that demand.

Participated · Series A · Mar 2022

Linear Labs has launched production of its patented High Efficiency Torque (HET) motor and Intelligent Control Drive, branded HET Light, targeting the fast-growing Light Electric Vehicle (LEV) market. The HET Light 30 and 45 Series deliver up to twice the torque of competitor motors — the 45 Series produces 250 Nm peak torque at 94% peak efficiency (9.7 kg) and the 30 Series produces 150 Nm peak torque at 94% peak efficiency (6.9 kg). The system can be made with rare-earth or ferrite magnets, eliminates gear reduction, increases vehicle performance and range, and reduces weight and packaging volume. The motors are IoT-connected and use AI driving software for real-time control and efficiency optimization. Linear Labs has opened an advanced manufacturing facility in Fort Worth, Texas, and projects thousands of new skilled jobs over the next 10 years. The company cites the LEV market opportunity — expected to reach 125 million units globally by 2025 — as a key demand driver. Linear Labs is developing a torque-and-efficiency electric motor system designed to deliver ultra-high efficiency through patented innovations. Its smart electric motors are IoT-connected, run machine-learning intelligence software, and feature an electric transmission that adjusts in real time to optimize performance. The company is entering production and targets customers including global OEMs in automotive, micro-mobility, industrial pump applications, and residential and light commercial HVAC. Led by co-founder and CEO Brad Hunstable and based in Fort Worth, Texas, Linear Labs recently expanded its board to include Chris MacFarland of Masergy. The company raised an additional $6M to further develop manufacturing capabilities and grow its employee base. The funds will be used to expand manufacturing expertise, supply-chain infrastructure and logistics, and advanced automation and robotics engineering. Linear Labs builds the Hunstable Electric Turbine (HET), a multi-rotor electric motor the company says is lighter and more flexible than traditional designs. The HET reportedly delivers twice the torque density and three times the power density of permanent magnet motors, producing two times the output per given motor size and at least 10% more range. Its high torque without a gearbox is positioned as especially suited for mobility applications such as electric vehicles and scooters. The company holds 50 filed patents, 21 of which are issued, with 29 patents pending. External experts quoted in the article say commercialization could yield energy savings, reliability gains, and lower manufacturing costs. Linear Labs plans to use the seed funding to market its invention and is hiring talent, having added John Curry as president and Jon Hurry as vice president. The founders—Brad and Fred Hunstable—bring entrepreneurship and electrical engineering experience.