Participated · Series A · Oct 2025

SenseNet offers an ultra-early wildfire intelligence platform that combines gas sensors, AI-enabled 24/7 cameras with 50-mile range, and satellite and weather feeds to spot fires—often within three minutes—during the smoldering phase, before smoke is visible. All data streams feed into a single incident-management dashboard that issues verified alerts, maps perimeters, and forecasts spread up to seven days ahead, enabling faster, data-driven response and fewer false alarms. The network already protects more than 130 million acres across North and South America and Southeast Asia and is deployed in Canada, the United States, Indonesia, Brazil, Chile, and other fire-prone regions through 100+ partnerships. Customers include governments, insurers, and energy companies seeking to curb the human and financial toll of wildfires. With total funding now topping $15 million, SenseNet plans to use its latest capital to accelerate U.S. expansion by installing new systems and opening additional offices. Leadership states its mission is to build the world’s most comprehensive wildfire intelligence network to safeguard ecosystems, communities, and infrastructure before fires escalate.

Participated · Series A · May 2024

XGS Energy builds a proprietary solid-state, water-independent geothermal system that uses thermally conductive materials to produce round-the-clock baseload power anywhere there is hot rock. Its Thermal Reach Enhancement (TRE) technology completed a shallow field test in 2024, and the company is operating its first commercial-scale well in California, validating predictive performance models and accumulating operating history. XGS positions its modular approach to decouple geothermal from traditional water- and geology-dependent constraints, aiming to unlock geographic flexibility, easier permitting, and faster deployment. The firm says it has a multi-gigawatt commercial project pipeline across the Western United States and is ramping commercial operations ahead of a planned growth equity round later this year. XGS is headquartered in Houston, Texas, and plans to aggressively expand its team through year-end to support deployment and project development. The company’s approach targets improved financeability to attract venture and infrastructure capital for large-scale geothermal projects. XGS Energy has developed a proprietary slurry — a mix of water, surfactants and conductive minerals (patent filings mention graphite‑like materials and silica) — that is injected between a metal casing and surrounding rock to fill cracks and improve heat conduction. The slurry’s surfactant breaks at higher temperatures, releasing minerals that settle into fractures a few feet from the borehole, permitting the company to use a single cased borehole rather than multiple wells. By keeping working fluid isolated inside the metal casing, XGS can avoid contaminated surface water and use lower‑cost, higher‑efficiency heat exchangers, reducing operating costs. CEO Josh Prueher says the technique makes wells more productive and predictable — “we know within 30 days where we’re going to be in 30 years” in terms of power production. XGS’s technology can be applied to both new and existing geothermal wells, and the company plans to develop a version for suitably hot legacy oil and gas wells to avoid plugging and abandonment costs. To help commercialize the technology, XGS recently raised funding to build a commercial‑scale prototype at an existing geothermal field in California. XGS Energy is a geothermal company headquartered in Palo Alto, California that develops a proprietary Thermal Reach Enhancement™ (TRE) system and closed-loop well architecture. Its TRE system uses materials the company says are 50 times more conductive than native rock to deliver high-efficiency thermal energy without dependence on water or specific geology. XGS positions the technology for global deployment and says it enables terawatt-scale geothermal heat and power. The company completed more than 24 months of lab testing and is building a North American prototype to demonstrate TRE at full commercial scale. That prototype is intended to validate predictive performance models and support first commercial projects in the Western United States, Japan, and the Philippines. XGS emphasizes that its closed-loop, water-independent approach allows deployment anywhere in the world, unlike traditional geothermal solutions that require hot water reservoirs and specific geological formations. XGS Energy develops proprietary geothermal heat-harvesting technology and a closed-loop well architecture intended to unlock scalable, affordable, carbon-free baseload power. The technology is designed to eliminate reliance on rare geological formations and water availability, allowing broader deployment of geothermal energy. XGS says its approach enables global deployment and terawatt-scale geothermal heat and power. The company plans to use recent financing to accelerate technology development and commercial progress. XGS announced a $19M financing package, including a $14M Series A led by Anzu Partners, to support development efforts. Headquartered in Palo Alto, the company changed its name from Geothermic Solution LLC to XGS Energy, Inc.

Participated · Series A · Nov 2023

Optiwatt is a consumer energy optimization app and operating system headquartered in San Francisco, CA. Led by CEO Casey Donahue, the company operates a telematics-based home energy analytics platform and runs a large EV managed-charging fleet with over 70,000 vehicles connected, alongside a growing network of thermostats. Optiwatt partners with a variety of North American utilities to develop localized solutions for charging sustainability. The product set targets residential EV charging and broader home energy management. The company closed a $7M Series A and intends to use the funds to expand operations and development efforts.

Participated · Equity · Aug 2023

Divirod offers the Flood Early Warning and Monitoring Solution that continuously monitors on-site locations 24/7 via a network of proprietary sensors. The platform sends instant alerts via email and text when floods are impending and measures water with millimeter precision to address geographic data gaps and augment existing sparse environmental monitoring systems. Its solution is used across verticals including real estate, insurance, and state and local governments. Led by founder and CEO Javier Marti and based in Boulder, CO, Divirod recently closed a $3.6M bridge funding round. The company intends to use the funds to bolster the team, consolidate product definition, strengthen sales and marketing, and build AI-driven analytics for water risk prediction. Divirod is a water solutions and climate-tech startup based in Boulder, CO. The company operates a global sensor network that leverages satellite input to generate analytics. Those analytics provide real-time information to decision makers, emergency services personnel, and insurers. The insights are intended to help mitigate loss of life and the high costs inflicted by catastrophes. TDK Ventures, a subsidiary of TDK Corporation, has invested in Divirod. Divirod develops a GPS-reflection sensor and a cloud analytics platform that measures and maps surface water. The company loans its hardware to clients such as engineering firms and municipal water-management consultants and sells analyzed data via a cloud-based platform. Use cases include measuring snow on large building roofs to warn of collapse risk and analyzing tidal and wave activity to help coastal communities plan flood infrastructure. Founders Javier Marti (CEO) and Adam Wilson (head of product) formed the company in 2019 and have built a seven-person team. Divirod recently raised $1 million and plans to use the capital to improve hardware and increase marketing. The company says it is done raising money for now.

Led · Series A · Aug 2021

Kevala offers the Assessor Platform, an interactive cloud-based grid analytics toolbox that combines public and client data to visualize and model distribution infrastructure. The platform uses large-scale datasets (terabytes) and AI-driven visualization to predict impacts from extreme weather, renewable adoption and electrification. Kevala has nearly the entire U.S. mapped for above-ground distribution infrastructure and sources data from satellite imagery and public records. The company plans to increase deployment of its grid analytics tools and expand services into cybersecurity and national security. Kevala said it will grow its headcount from about 60 employees to around 100 by the end of 2021. The company also intends to expand coverage internationally.