Participated · Equity · Jul 2026

Alva Industries develops ultra-compact, frameless electric motors using its patented FiberPrinting manufacturing technology to deliver high torque density and cogging-free performance. Headquartered in Trondheim, the company serves customers across robotics, aerospace, defence, medical technology, industrial automation and autonomous systems. Alva reports hundreds of active customer projects across commercial and defence markets and growing demand from OEMs in robotics, aerospace and medical devices. The company manufactures its products in Norway and plans to significantly scale production capacity to meet increasing international demand. The recent equity financing will fund manufacturing expansion, further product development and support its international growth plans.

Participated · Series B · Jan 2026

Hydrosat operates a thermal-infrared satellite constellation combined with AI and machine-learning analytics to provide daily, field-scale “thermal intelligence.” With two satellites already in orbit, the company collects more than 10 million km² of imagery per day—an order-of-magnitude increase over existing commercial alternatives. Its data are used to monitor water consumption, optimize irrigation, detect vegetation stress, and generate temperature-based signals for defense and intelligence customers, even at night. Hydrosat’s platform currently oversees millions of hectares for clients such as NOAA, the National Reconnaissance Office, Bayer, SupPlant and Nutradrip. The firm plans to expand its presence in Central Asia, the Middle East and North Africa, India and Latin America while building a larger next-generation satellite fleet and broadening its crop and water-management solutions. The newly raised capital strengthens its balance sheet and supports this global expansion strategy.

Participated · Series B · Apr 2025

Electra develops hybrid-electric Ultra Short aircraft, with the nine-passenger EL9 integrating blown lift technology and hybrid-electric propulsion. The EL9 can take off and land in 150 feet, carry up to 3,000 pounds of payload, and has a range of up to 1,100 nautical miles with in-flight battery recharging. Electra positions the aircraft for dual commercial and defense use, emphasizing quiet operation, lower operating costs versus helicopters and eVTOLs, and the ability to operate from unimproved surfaces. The company reports over 2,200 pre-orders valued at more than $10 billion and has won 20+ SBIR contracts from the U.S. Air Force, Army, Navy and NASA, including a Strategic Funding Increase contract with the U.S. Air Force. Electra has grown to roughly 80 employees and markets the EL9 as the flagship of a future family of hybrid-electric aircraft aimed at enabling "Direct Aviation." The near-term plan centers on moving the EL9 into pre-production and certification. Electra.aero builds clean, hybrid-electric ultra-short takeoff and landing (eSTOL) aircraft intended to carry passengers and cargo. Led by founder and CEO John S. Langford, the company unveiled the EL-2 Goldfinch two-seat technology demonstrator in June 2023. Its planned production eSTOL is designed to carry nine passengers up to 500 miles as a sustainable alternative to regional driving. The company intends to use new funding to further develop its hybrid-electric eSTOL aircraft and advance flight testing. Electra currently holds over 1,200 aircraft pre-orders from more than 30 global customers, including established operators and new entrants. The company will begin flight testing the two-seat technology demonstrator later this summer. Electra.aero builds hybrid-electric ultra-short takeoff and landing (eSTOL) aircraft using patent-pending distributed electric propulsion and blown lift technology. Its designs aim to operate from spaces as small as 300x100 feet and use a small turbine-powered generator to recharge batteries in flight, reducing the need for ground charging infrastructure. Electra is designing aircraft that can carry up to 1,800 pounds of cargo or 7–9 passengers for up to 500 miles, targeting missions from intracity on-demand flights to medical and cargo transport. The company positions its technology as quieter, more environmentally friendly, and lower cost to operate than many vertical takeoff alternatives, and cites support from NASA and the U.S. Air Force Agility Prime program. Electra plans to begin flight testing a full-scale hybrid eSTOL technology demonstrator later in the year, and the company announced strategic investment from Lockheed Martin Ventures to support that work.

Participated · Series B · Jan 2024

Founded in 2023 in Stockholm, Aira provides vertically-integrated air-to-water heat pump systems, bundled financing options, full-service installation and a 15-year guarantee to households. The company has rapidly expanded beyond Sweden into Germany, Italy and the United Kingdom and now operates 18 regional hubs and four training academies for heat-pump technicians. Management forecasts an annual sales volume of €200 million and the workforce has grown to roughly 1,200 employees. New capital will be channelled into R&D at the Swedish innovation centre, increased manufacturing capacity at its Wrocław, Poland facility and deeper market penetration through strategic energy and housing partnerships. Aira positions itself to tap a European heat-pump market expected to exceed €150 billion by 2030. By replacing gas boilers with its heat pumps, households can cut heating costs by up to 40 % and CO₂ emissions by up to 100 % when using green tariffs.

Led · Equity · Dec 2023

Wakeo provides a SaaS platform that delivers real-time visibility and algorithmic Estimated Time of Arrivals (ETAs) for intercontinental multimodal freight flows. Its platform helps supply chain teams anticipate disruptions, optimise transport plans, reduce emergency costs, and improve inventory management. Wakeo also measures transport emissions and helps organisations reduce their carbon footprint, aligning with the company’s sustainability focus. The company operates transport flows in over 180 countries. Founded in 2016 and based in Paris, Wakeo has grown its product and investor base while expanding internationally. Financially, the company has now raised over €30 million in total funding after its latest round. Wakeo provides real-time visibility for overseas transport via a platform that aggregates hundreds of global sources. The platform integrates data from shipping lines, airlines, carriers, ERP and TMS systems, satellites, terminals and IoT devices into a data engine powered by AI algorithms to produce intelligent ETAs and anticipate disruptions. Led by co-founder and CEO Julien Cote, Wakeo serves enterprise clients including Uniqlo, Faurecia, Air Liquide, B. Braun and Clasquin. The company raised $11M in a Series A to further invest in ETA calculation models, develop additional value-added features and accelerate international growth. The new financing brings Wakeo’s total funding to $13M following earlier investments from Techstars, 50 Partners and notable business angels, including the former CEO of Bolloré Logistics. Headquartered in Paris, Wakeo plans to expand its global footprint and product capabilities with the Series A proceeds.