Participated · Series B · Jul 2025

4AG Robotics develops a plug-and-play robotic harvesting platform that uses AI-powered computer vision, precision suction grippers, and advanced motion control to autonomously harvest, trim, and pack mushrooms 24/7. The system is designed to retrofit into existing Dutch-rack infrastructure, enabling consistent quality, reduced labour costs, and real-time operational data for growers. Its robots are already in use across Canada, Ireland, and Australia, with new deployments planned in the Netherlands and the United States, and the company says it is active across five countries. 4AG reports deposits for over 40 additional robots and a fleet that can pick up to 1 million mushrooms per week. Financially, the company closed a $40M CAD Series B that brings total capital raised to $57.5M over the past two years after a $17.5M round in 2023. The funding is earmarked to expand manufacturing in Salmon Arm, BC, grow field service and customer success teams, and accelerate development of next-gen features such as punnet packing, disease detection, and AI-driven yield optimization. 4AG Robotics has developed an autonomous robotic harvester that scans mushroom beds, picks mushrooms, trims stems and places produce into containers for retail. Its systems are entirely autonomous and built to operate consistently without human intervention for well over 24 hours. Robots currently target indoor farms growing common white and brown mushrooms, which O’Connor says account for roughly 90% of global production. The company has completed multiple pilots, harvesting more than 13,000 pounds of mushrooms that were sold in North America. 4AG says it is entering the commercialization stage with two secured orders valued at just under $1 million each (one in Canada and one in Europe). The new funding will support scaling manufacturing capacity and proving the company can scale a robotics business. While focused on mushrooms today, 4AG says it may work with other indoor crops over time as it seeks to become a global leader in indoor-agriculture harvesting solutions.

Participated · Series D · Jun 2023

Flywheel offers an enterprise imaging platform that aggregates, curates, and analyzes medical imaging and video data at scale, helping customers streamline research workflows and prepare AI-ready datasets. During 2025 the company broadened its product suite with a video viewing and annotation tool and launched Flywheel Validated, which supports 21 CFR Part 11–compliant imaging workflows for clinical trials. Its customer roster now includes 10 of the top 20 global pharmaceutical companies and 10 of the top 20 academic medical centers. Commercial traction was strong, with 43 % year-over-year growth in new business, a 40 % increase in committed revenue, and annual recurring revenue from pharma and device customers up 106 %. Net revenue retention exceeded 110 %, underscoring sticky usage and expansion within existing accounts. Backers of the company include Novalis LifeSciences, 8VC, NVIDIA, Microsoft, Novartis, and Intuitive Surgical. The new capital will be used to accelerate product innovation and further penetrate the clinical trial and AI model development markets.

Participated · Seed · Mar 2023

Autio offers a location-based audio storytelling app that uses a user’s GPS location to deliver narrated stories about nearby landmarks, cities, and towns. The company was founded by Woody Sears, Bill Werlin, and Kevin Costner and is based in Santa Barbara. It originally launched in August 2020 under the name HearHere. On March 29, 2023, Autio announced it had raised $5.9 million in a funding round. The round was led by iHeartMedia. The article does not disclose additional operating metrics, valuation, or other participating investors. HearHere is a GPS-powered audio entertainment app that delivers immersive, location-based storytelling to road-trip travelers. Launched in August 2020 and based in Santa Barbara, the app pushes three- to five-minute stories to users as they drive, surfacing history, natural landscape, sports, music and local insights. HearHere currently has more than 100,000 registered users and offers over 8,880 stories across the continental United States; free accounts include five stories while paid subscriptions cost $36 per year for unlimited access. The company maintains a 26-person content team of researchers, writers, editors and narrators (primarily contractors), and actor Kevin Costner joined in 2020 as a co-founder, narrator and investor. HearHere plans to expand its content library, add offline listening, launch an Android app, and extend availability to Alaska and Hawaii later this year. The new funding will also be used to grow the team and expand functionality. HearHere produces short (three- to five-minute) narrated audio stories that trigger with users’ permission while they drive, surfacing local history, sports, music and lesser-known points of interest. The company has banked 5,500 stories across 22 states and plans to be nationwide by summer. It operates a content team of 22 researchers, writers, editors and narrators and currently has a five-person core team. HearHere offers five free stories per month and unlimited streaming for $35.99 per year. The roadmap includes opening to third-party contributors and incorporating AI and machine learning for language support and better personalization. HearHere has formed distribution and promotion partnerships with AAA, Camping World, Outdoorsy, RVshare and Cruise America.

Participated · Seed · Apr 2022

medIQ operates an integrated digital healthcare platform that delivers B2B virtual care and direct services to urban and rural individual customers. Its plug-and-play technology stack links an online pharmacy, laboratory services, GPs and specialists across 32 specialties, nursing staff and dedicated home care teams. A proprietary electronic medical record consolidates patient data to promote interoperability, improve quality and reduce cost of care. The company reports a demonstrated track record of serving more than 300,000 patients in eighteen months. medIQ plans to invest the new funding into tech infrastructure, developing AI and machine-learning tools using its patient data. The startup intends to expand services across 20 Pakistani cities and pursue regional growth.

Participated · Series A · Apr 2022

Venus Aerospace develops rotating detonation rocket engines (RDRE) and has shifted focus toward hypersonic weapons and high-speed space vehicles after a successful flight demonstration in 2025. The company was founded in 2020 by CEO Sassie Duggleby and CTO Andrew Duggleby. Its propulsion architecture emphasizes efficiency, throttling, reusability, and manufacturability aimed at defense and space customers. Venus has conducted about 600 engine tests with a longest-duration burn of 32 seconds to date, while customers require burns of roughly 6 to 15 minutes for operational missions. This year it received a grant from the Texas Space Commission to build a larger test stand to enable longer-duration testing. The company is using new equity from its $90M Series B to fund vehicle-specific testing and development with potential customers.