Participated · Series C · Jun 2026

Higharc builds an AI-native platform that generates homes as 3D spatial data, enabling builders to automate design, estimating, sales and construction document workflows. Its AutoTranslate AI converts floorplan images into rich 3D spatial models to produce precise quantity estimates and shoppable 3D models. Customers across North America report outcomes such as compressing product development timelines from months or years to weeks or days, cutting time to community open by 25–50%, and increasing margin by 10–15%. Higharc announced expansion of its AI Estimating product to building materials distributors and a partnership with US LBM as part of that push. The company has received industry recognition, ranking in the Deloitte Technology Fast 500 and Fast Company's Most Innovative Companies of 2026. Following the Series C, Higharc has raised more than $170 million in total capital to date.

Participated · Equity · Jun 2026

AlpSemi is a Grenoble-based company building vertically integrated semiconductor power switches for solid-state circuit breakers used in residential, commercial and data-center power systems. It has launched its first product, the AS800, aimed at miniature circuit breakers in 110V and 230V environments and positioned for industrial-scale deployment through a global supply chain. The company’s technology spans materials, devices and systems and targets scalability to higher-voltage architectures, including 800V DC systems for AI data centers. AlpSemi emphasizes digital, software-controlled power distribution to enable real-time control, improved energy efficiency and reliability across AC and DC architectures. The recent €17 million financing is intended to accelerate industrialization, commercial ramp-up and further product development. AlpSemi counts strategic industry investors and partners among its backers, including Navitas Semiconductor and SE Ventures.

Participated · Equity · Apr 2026

SmartD Technologies develops SiC-based variable-speed drives that it says feed motors with true sine waves, enabling filter-free drive systems that meet IEEE 519 harmonic recommendations (under 5% THDi). Its Clean Power drives use wide-bandgap SiC devices and multilevel inverter (MLI) topology to reduce switching losses, improve efficiency, lower torque ripple, and eliminate the need for external harmonic and output filters. The company reports growing commercial momentum and adoption in sectors such as water infrastructure and data centres and says it is transitioning from innovation to scale. SmartD claims its technology cuts capital and operating costs by removing external filters and oversized infrastructure, allows long cable runs, and extends motor and electrical infrastructure life. The firm is focused on scaling deployment across global markets following recent funding.

Participated · Series B · Feb 2026

Forerunner offers a unified, map-driven geospatial system of record that consolidates property, asset, and regulatory data into a single, searchable platform for government users. Its software automates complex workflows through configurable approvals, conditional logic, and compliance checks, while AI-powered document intelligence extracts and validates data from uploaded files to produce audit-ready records. Native iOS and Android apps support mobile field operations with offline functionality, and public-facing portals allow residents to view risk information and submit applications. Flexible reporting and data analysis tools enable agencies to filter and analyze information across properties, records, and workflows. The company serves customers in 26 U.S. states, including California, Texas, Florida, Louisiana, and New Jersey. Proceeds from recent funding will be used to scale operations and accelerate product development.

Participated · Series B · Dec 2025

Founded in 2021, Axion Ray has built a human-in-the-loop AI platform that unifies product and customer data to surface the earliest warning signals of quality problems for manufacturers across sectors such as automotive, aerospace, med-tech, consumer electronics and data centers. The software accelerates root-cause analysis by an average of 85 %, boosts product uptime, and can cut warranty costs by millions of dollars by shifting quality management from reactive to proactive. Fortune 500 customers like Cummins, SharkNinja, Medtronic and Daikin use Axion to close feedback loops between field performance and engineering teams, thereby improving customer experience and informing next-generation product design. The company integrates naturally with Salesforce Data Cloud and Service Cloud, allowing joint customers to link product performance directly to service workflows. With its latest capital infusion, Axion plans to expand its AI capabilities, deepen Salesforce ecosystem integrations, and scale go-to-market efforts to support more U.S. manufacturers. The company is headquartered in New York and positions itself as the operating layer for America’s manufacturing revival. Although revenue figures were not disclosed, Axion emphasizes measurable ROI through reduced downtime and warranty expenses for its enterprise clients.