Participated · Series B · Mar 2023

Zeda provides advanced 3D manufacturing and nanotech solutions, with a focus on metal 3D printing for medical, aerospace, defense, space, and energy applications. The company leverages advanced manufacturing technology to address complex engineering and materials challenges for customers in those sectors. Zeda will use the Series B proceeds to fund a new advanced manufacturing digital foundry in Cincinnati, Ohio and to expand its facilities globally. The company also plans to expand into the Asian market for its medical implant applications. Zeda closed a $52M equity and debt financing as part of this Series B and has raised $68M in total capital to date. The company is led by CEO Shri Shetty and is headquartered in Fremont, CA.

Participated · Series A · Apr 2022

South 8 Technologies develops a proprietary liquefied gas electrolyte called LiGas and manufactures high-performance, resilient lithium-ion battery cells. The company's LiGas platform is positioned to improve safety, enhance extreme-temperature performance, enable faster charging, and extend cycle life compared with traditional electrolytes. South 8 emphasizes a fully domestic supply chain, with gas-based components produced at industrial scale in the United States. Following the grant, the company plans to expand its San Diego operations to reach annual production capacity of 100 MWh for electrolyte and 2 MWh for lithium-ion battery cells. Its customers and target markets include defense, aerospace, mobility, and global automotive manufacturers working on next-generation battery qualification programs. The company highlighted that the expansion supports job creation and local economic benefits aligned with California's zero-emission transportation goals.