Led · Series A · Mar 2026

Subbyx is an Italian startup operating in the subscription economy that lets consumers subscribe without usage constraints to technological products, personal care devices, and new or refurbished household appliances. The company offers access to both new and refurbished devices under its subscription model. Public reporting about the company highlights a recent €15 million financing round. TARGET is noted as having assisted Subbyx in that round and having supported the firm's earlier pre-seed financing. The available article does not provide revenue, user metrics, or specific product roadmap details. No information on valuation or detailed use of funds was disclosed in the coverage.

Participated · Seed · Mar 2026

Claros builds a chip-to-grid power platform composed of an integrated voltage regulator (IVR) that delivers power directly to processing units and a Power Gateway, a DC-native power distributor that reduces AC/DC conversion losses and integrates with power sources. Since emerging from stealth, Claros has fabricated three IVR designs (T0, A1 and a third design) with T0 confirming the architecture and A1 currently on test; a fourth design is planned for fabrication based on customer requirements. The company has also completed initial hardware and software designs for Power Gateway and assembled a demonstration unit for lab testing. Claros says its mesh network architecture can scale power delivery from a single 40-amp module to clusters capable of delivering over 40,000 amps. Financially, the company raised $9.75M at stealth and has now closed a $30M seed round to fund lab expansion, prototyping, hiring, and initial manufacturing runs. The team has grown by 26 employees across its Los Angeles lab and Northern Virginia office since launch.

Participated · Series A · Dec 2025

Mixx Technologies is a San Jose–based deep-tech startup building HBxIO™, a silicon-integrated, co-packaged optics (CPO) engine that provides rack-to-chip optical connectivity for AI inference and other high-performance computing workloads. By merging photonics with advanced packaging, the platform optimizes performance, power, latency and reliability at the datacenter scale and enables switch-less, highly parallel GPU clusters. The company positions its technology as a system-level solution that offers higher performance per dollar per watt, addressing the fundamental interconnect bottleneck in today’s AI architectures. Founded by former Broadcom CPO engineers Vivek Raghuraman and Dr. Rebecca K. Schaevitz, Mixx operates in the United States, India and Taiwan. Proceeds from its recent funding will be used to accelerate product development, expand its global footprint and scale R&D centers. No revenue or user metrics were disclosed in the article, but investor interest was strong enough to render the latest round oversubscribed.

Participated · Series A · Nov 2025

Archetype AI, based in Palo Alto and founded by former Google engineers, offers a full-stack Physical AI platform anchored by its Newton foundation model. Newton fuses multimodal sensor inputs, video, and contextual data to create ‘Physical Agents’ that understand and act on real-world environments. Using the company’s Agent Toolkit, enterprises can assemble, test, and deploy agents for applications such as process monitoring, task verification, and safety compliance, running in the cloud, on-premise, or at the edge. Early adopters like NTT DATA, Kajima, and the City of Bellevue report gains in efficiency, reduced downtime, and improved safety across warehouses, construction sites, and city streets. The platform is currently in beta, with broader feature rollouts planned in the coming months. Fresh capital will fund expansion of the toolkit, scaling of the platform, and continued R&D to extend Newton’s ability to interpret and manipulate the physical world. No revenue or user figures were disclosed, but the company partners with Fortune Global 500 brands across automotive, consumer electronics, logistics, and retail sectors.

Participated · Series A · Nov 2025

ElectronX is building the first U.S.-regulated, direct-access exchange and clearinghouse for electricity derivatives. In August 2025, it secured both Designated Contract Market and Designated Clearing Organization status from the CFTC, enabling it to list fully collateralized, centrally cleared power products. The platform will launch next month with 1 MWh hourly futures and binary options for the ERCOT market, giving traders and asset owners intraday hedging tools that mirror physical power strategies. Additional contract suites for PJM, CAISO and other RTOs/ISOs are planned for 2026. Headquartered in Chicago with an office in New York, the company aims to address short-term price volatility as electrification and renewable penetration accelerate. ElectronX has raised more than $55 million to date, capital that supports technology development, regulatory compliance and market rollout.