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The Venture Codex

TIME Ventures

734 W Main St, Louisville, KY, 40202, United States

Overview

Time Ventures is an investment fund for Marc Benioff. The company looks to invest in theB2B, hospitality, non-financial services, and commercial products and services sectors.

Total investments
41
Lead investments
3
Investments · 12mo
5
Active investors
1

Sector focus

  • Finance
  • Financial Services
  • Impact Investing
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Investment portfolio

  • JUNE AI

    Led · Seed · Aug 2026

    JUNE AI was founded by former Salesforce employees and the team behind Bonobo AI, including Efrat Rapoport, Idan Tsitiat, Barak Goldstein and Ohad Hen. The company develops AI agents designed to automate software implementation tasks that are a bottleneck to enterprise AI adoption. Its core offering focuses on reducing the time and cost associated with deploying enterprise software through automation. JUNE AI announced a $20 million pre-Seed financing led by or including Marc Benioff and Michael Dell, its first disclosed institutional round. The reporting does not provide revenue, user metrics, or a disclosed valuation. Future product or expansion plans beyond the stated mission were not detailed in the coverage.

  • Revoy

    Participated · Series A · Jul 2026

    Revoy develops a removable electric propulsion unit that is installed between a tractor and trailer to give existing diesel trucks electric-assist capability. The company says a unit can propel a 36.3-ton truck for more than 200 miles (322 km) on a full charge and can cut carbon emissions by up to 85%. Revoy operates under a model where it retains ownership of the motorized trailers while fleet customers keep their existing diesel tractors. The startup plans to ultimately build a network of swap stations to exchange depleted units for fully charged ones. Revoy intends to begin its first commercial operations late this year on a 200-mile route near Portland, Oregon, deploying four trailers assembled from Chinese components. The company is using its recent $27 million financing (bringing total capital raised to $41 million) to fund that launch and to develop a second-generation trailer with a smaller, lower-cost battery while maintaining the same claimed range.

  • Fireworks AI

    Participated · Series D · Jul 2026

    Fireworks AI is described as a startup focused on AI infrastructure solutions. The company recently completed a $1.5 billion funding round that values it at $17.5 billion, indicating strong investor interest and a significant jump in its financial profile. The round was led by Atreides Management, Index Ventures, and TCV, with contributions from NVIDIA, Evantic, and Lightspeed Venture Partners. Public reporting frames the raise as part of growing investor confidence in AI infrastructure. The articles do not provide details on specific products, revenue, users, founding year, location, or operational metrics.

  • Stenon

    Participated · Series B · Jul 2026

    Stenon's core product, FarmLab, combines proprietary optical and electrical sensors, AI, agronomic models and cloud software to generate real-time soil data directly in the field. The company uniquely measures nitrogen available to the plant (Nmin) at scale in-field and couples that with SOC and other soil parameters to inform fertilization decisions. Customer case studies across multiple countries report economic impacts including 20%–40% savings on nitrogen fertilizers and 2%–8% increases in productivity for crops such as maize, beans, cotton, sugarcane, coffee, grains and vegetables. Stenon sells to distributors, retailers, cooperatives, agribusiness groups, equipment dealers and consultancies and reports deployments across commercial areas totaling millions of acres. Near-term plans include expanding commercial operations (with Brazil as a central market), improving regional calibration and localization, and evolving FarmLab into a continuous, machine-integrated nutrient intelligence platform. The company is investing in further sensor, model and platform development as part of its growth strategy.

  • Panthalassa

    Participated · Series B · May 2026

    Panthalassa builds self-propelled, autonomous floating nodes that capture wave energy to generate continuous clean electricity and run AI inference computing onboard, transmitting results to land via low-Earth-orbit satellites. The company has spent about a decade developing its power generation, propulsion, autonomy, and at-sea computing technologies and demonstrated capabilities with Ocean-1, Ocean-2, and Wavehopper prototypes in 2021 and 2024. Panthalassa plans to deploy its Ocean-3 pilot node series in the northern Pacific in 2026 to demonstrate AI inference at sea and to refine manufacturing ahead of commercial deployments in 2027. The platform uses the ocean for free supercooling to extend chip lifetimes and avoids transmitting power to shore by performing computing onboard. The company is a public benefit corporation headquartered in Portland, Oregon, and recently raised $140 million in a Series B to complete a pilot manufacturing facility and accelerate initial deployments.

Team