Led · Series B · Mar 2025

Alloyed develops and manufactures advanced metallic components for aerospace and electronics using industrial-scale additive manufacturing and automated design. The company combines many functions into single metal parts and uses a highly data-driven approach to materials, processing, and design. Its UK base in Abingdon hosts one of the largest fleets of additive manufacturing machines in Europe. Customers include Boeing, Microsoft, Anglo American, and BMW, with applications spanning lightweight satellite antennas and structural components, high-temperature jet-engine alloys, and precision parts for wearables and jewellery. Alloyed has raised a £37 million Series B and plans to use the funds to expand manufacturing in Abingdon and Seattle and to accelerate its digital platforms for alloy and component design and processing. Strategic investor partnerships are intended to support commercialisation and collaboration with alloy producers and manufacturing ecosystems.

Participated · Seed · Mar 2024

Blue Laser Fusion develops a proprietary laser fusion system that pairs a high-efficiency megajoule pulse-energy laser with a fast repetition rate and a high-gain, aneutronic solid fuel target to achieve commercial fusion. The company positions its technology as a complete clean energy system for providing electrical power to homes, businesses, and electric vehicles. Blue Laser Fusion closed a $37.5M Seed funding round. Backers in the round included SoftBank Corp., Yusaku Maezawa through the Maezawa Fund, Itochu Corporation, JAFCO Group Co., Ltd., SPARX Group Co., Ltd. (Mirai Creation Fund III), and Waseda University Ventures. Founded in 2022 and based in Palo Alto, CA, the company was co-founded by Nobel Laureate Shuji Nakamura, Hiroaki Ohta, and Richard Ogawa. BLF plans to complete its first prototype in 2025 and to demonstrate a commercial-ready fusion reactor by 2030. Blue Laser Fusion is developing a proprietary laser fusion technology using HB11 fuel aimed at accelerating the transition to a carbon-free electrified world. Its laser enables Mega Joule pulse energy with a fast repetition rate to achieve commercial fusion, and the company holds over 200 claims in patent applications. The company recently raised $25M in initial Seed funding to support R&D and prototype development. Founded in 2022 by Shuji Nakamura (President and CEO), Hiroaki Ohta, and Richard Ogawa, the company is based in California. Blue Laser Fusion intends to use the funds to expand R&D operations in the Santa Barbara area and Tokyo to develop its prototype commercial reactor. It plans to complete its first prototype in 2025 and to demonstrate a commercial-ready fusion reactor by 2030. The company aims to create a complete clean energy system to supply electric power to homes, businesses and electric vehicles.

Participated · Series C · Dec 2023

Kyulux is a Fukuoka-based OLED materials startup that exclusively licenses Hyperfluorescence technology invented at Kyushu University. The company develops thermally activated delayed fluorescence (TADF) and Hyperfluorescence emitters aimed at enabling fully efficient blue emission for OLED displays. Kyulux says its technology can improve emitter efficiency and has already seen commercial use: WiseChip launched a display using Kyulux’s hyperfluorescent yellow emitter in late 2019. The company plans to accelerate OLED R&D, expand its IP portfolio, and support mass production of hyperfluorescent OLEDs by 2025. At Display Week 2022 Kyulux reported green materials would enter pilot testing in Q3’22 with smartphone mass production targeted in H2 2023, and red following in early 2024 with production by end of 2024. Kyulux develops and sells TADF and Hyperfluorescence-based OLED materials and solutions to manufacturers in the display and lighting industries. The company was co-founded in 2015 by Prof. Chihaya Adachi (inventor of TADF), Junji Adachi (CTO) and Dr. Christopher Savoie (CEO) and is based in Fukuoka, Japan. Kyulux owns or has exclusive or co-exclusive rights to a large TADF intellectual property portfolio developed over the past seven years at Kyushu University and industrial partners. Kyushu University announced the transfer of a large portfolio of TADF-related patents and took equity participation in the financing. The company intends to use the Series A proceeds to further develop TADF technology into the new standard for OLED displays and lighting.

Participated · Convertible Note · Sep 2023

Nanofiber Quantum Technologies (NanoQT) is a quantum-hardware company focused on building nanofiber cavity-QED interconnects that seamlessly integrate with neutral-atom quantum processing units (QPUs). These ultra-low-loss interconnects are designed to enable scalable, modular, and networked quantum computers while remaining compatible with quantum communication infrastructure. The firm is headquartered in Palo Alto, California, and operates engineering and manufacturing sites in College Park, Maryland, and Tokyo, Japan. To date, NanoQT has benefited from more than US$20 million in government R&D grants across Japan and the United States, supporting its technical roadmap. With the new capital, the company plans to demonstrate a distributed quantum computing system that links QPUs over standard fiber, productize its interconnect technology, and scale its engineering and manufacturing capacity. Management is led by CEO and co-founder Masashi Hirose, Ph.D., who is steering a global commercialization strategy that leverages both U.S. and Japanese ecosystems.

Led · Series B · Dec 2022

UnaBiz is a Singapore-based IoT solutions operator that builds customizable, large-scale deployments using low-power wide-area network (LP-WAN) technology. Its core offerings target smart metering, facilities management, asset tracking, and asset management. The company operates an integrated solution ecosystem in Taiwan and maintains an innovation platform in Singapore. UnaBiz has made significant progress in water and gas metering, asset tracking, and facilities management. The company announced completion of a $25 million Pre-C financing. That financing was provided by KDDI Open Innovation Fund III (KOIF III) and Kyocera Communication Systems (KCCS). UnaBiz is a Singapore-based Massive Internet of Things (IoT) service provider and the owner of Sigfox's technology. The company provides low-power wide-area network (LPWAN) connectivity and 0G capabilities and plans to expand its product portfolio to include more LPWAN and satellite technology. After acquiring Sigfox's tech in April, UnaBiz doubled its office locations and tripled headcount to more than 240 employees, and it closed down Sigfox's loss-making entities while bringing in new executives including a chief customer officer, chief operating officer, and chief technology officer. UnaBiz plans to target four verticals—utilities, security, facilities management, and supply chain and logistics—across Latin America, APAC and EMEA. The company said it will use new capital to prepare for its next stage of growth, focus on driving commercial activities and delivery to customers in 2023, and invest in research and development for its 0G capabilities. UnaBiz has now raised $60 million in total. UnaBiz is a licensed IoT operator and the official Sigfox operator in Singapore and Taiwan. The company provides Sigfox connectivity and sells end-to-end IoT solutions enabled by its network, along with professional consultation services to startups and corporations. It serves industry verticals including aerospace, facilities management, food and beverage, logistics, security, supply chain and smart cities. In two years UnaBiz has rolled out two national networks, built an ecosystem of over 200 partners across Asia, signed deals in over 25 countries and is connecting devices across five continents. Led by CEO and founder Henri Bong, the company intends to use the new funds to develop IoT applications that combine connectivity, end-to-end solutions and engineering services. The article reports UnaBiz raised over USD10m in Series A funding.