Participated · Series B · Jun 2025

Founded in 2019 in San Sebastián, Multiverse Computing builds AI solutions inspired by quantum computing techniques—notably tensor-network approaches—to compress large language models and produce energy-efficient AI. The company says its technology can reduce model size and energy use by up to 95%, deliver 4x–12x faster inference, and cut costs by 50%–80%, enabling deployment on constrained devices like smartphones, laptops and satellites. Multiverse has launched a new generation of optimized models, including an open-source model and a family of compressed models designed for resource-limited environments. It has formed strategic partnerships with firms such as Cohere, Axelera AI, Plain Concepts, Inetum, EY and PwC to accelerate adoption in finance, energy, logistics, space, health and defense. Financially, Multiverse closed a €189M Series B in June 2025 (led by Bullhound Capital and including SETT and other investors) and is currently finalizing a larger round that could total €500M, backed in part by a €107M SETT commitment.

Led · Equity · Mar 2021

Fortem Technologies, founded in 2016, designs radar-based sensors, command-and-control software and interceptor systems that incorporate artificial intelligence to detect and avoid other aircraft and airborne objects. Its products target defense and commercial customers seeking counter-UAS capabilities. The company has a network of investors including Lockheed Martin, AE Industrial Partners, DCVC, Toshiba, AIM13 and Signia Venture Partners. Recent financing includes a $25 million tranche led by Lockheed as part of a Series B, following prior participation by Lockheed in a $17.8 million round in 2023. Fortem plans to use the new capital to accelerate production at scale and integrate its systems within Lockheed’s Sanctum ecosystem to improve interoperability. The company emphasizes autonomous, integrated, deployable counter-UAS solutions to address rapidly scaling drone threats.

Led · Series C · May 2015

Exablox provides OneBlox, a cloud-managed, scale-out object-based storage solution that pairs a hardware architecture with integrated, enterprise-grade software. The software includes inline deduplication, continuous data protection and disaster recovery. The company targets storage of unstructured data and works with strategic investors to support new drive technologies for those workloads. Exablox is led by CEO Douglas Brockett and was founded in 2010. It is headquartered in Sunnyvale, California. Financially, the company has raised $45.5M in total funding to date. Exablox, founded in 2010 and based in Sunnyvale, California, provides a cloud, object-based storage management application. Its platform uses a proprietary object store integrated with a distributed file system to deliver inline deduplication, continuous data protection, disaster recovery and remote replication. The solution is designed to enable IT organizations to nearly instantaneously scale storage capacity, performance and availability to meet current business needs. It supports scalability for SMB and NFS-based applications and is deployed across industries including higher education, legal, medical and manufacturing. In February 2015 the company raised $16M in a Series C, bringing total funding to $38.5M. Investors in the Series C included strategic backer Dell Ventures alongside existing investors DCM Ventures, Norwest Venture Partners and US Venture Partners. Exablox emerged from stealth to tackle the enterprise storage market with a cloud-managed scale-out storage solution for businesses’ valuable unstructured data. The company says current storage offerings suffer from runaway costs, complicated installation, cumbersome management, and lack of data security, and it is pursuing a "third generation file approach" aimed at the mid-market. Its team includes veterans from Data Domain, Veritas, NetApp, Omneon, GreenPlum, Ocarina, and Bell Labs. Exablox was founded in 2010 and says its approach has shown early traction with customer and partner validation. The company raised $22M to drive product development, expand partnerships, and support growth. Norwest highlighted the expanding NAS market (expected to exceed $12 billion by 2016) as part of its investment thesis.

Led · Equity · Jul 2013

Zadara is an Irvine, CA-based provider of zero-risk enterprise cloud storage that combines hardware and patented software to deliver enterprise-class data storage and management via cloud. Led by CEO and co-founder Nelson Nahum, the company supports all protocols, data types and locations and offers full flexibility of choice for installations. Its usage-based pricing model means customers only pay for the storage they consume. Zadara’s services are available via public clouds including AWS, Google Cloud Platform and Azure, through managed service providers, data centers and colocation partners, and on premises in customer data centers. The company intends to use new funding to accelerate growth by expanding worldwide sales, dev-ops and engineering teams and its service provider partner channel, and to further develop its service offering. Financially, the latest round brings total equity raised to over $60 million. Zadara offers enterprise-class Storage-as-a-Service (STaaS) that lets enterprises and service providers buy enterprise block-and-file storage by the hour as its Virtual Private Storage Array (VPSA). Its patent-pending CloudFabric architecture delivers single-tenant performance and privacy and can be created, grown, and shrunk via software. Zadara’s offerings include off-premises STaaS (via public clouds and colocation) and on-premises solutions for service providers and enterprise private clouds, and can serve as primary or secondary (backup) storage. The company has partnerships with AWS, Dimension Data, Equinix and others, and its solutions are deployed at numerous household-name enterprises; it has won several industry product awards. Financially, Toshiba America Electronic Components invested $3 million in Zadara, bringing total capital raised to $10 million; the company said it will use the funds to expand sales, support and engineering teams. Zadara was founded in Israel in 2011, debuted its STaaS offering in 2012, maintains corporate offices in Irvine, CA, and a development center in Israel, and plans to work with Toshiba to integrate disk and SSD components with its storage software and introduce new STaaS products. Zadara Storage offers Virtual Private Storage Arrays (VPSAs) that provide customers greater control, speed, and security for their cloud storage. The company buys or rents hardware inside data centers operated by Amazon, Rackspace, and OpSource, and packages that storage with proprietary software. Zadara sells the combined hardware-plus-software as VPSAs that connect to customers' cloud servers. The company completed a $7 million first round of funding. Proceeds will be used to promote and increase awareness of its service. The round was led by Genesis Capital Advisors and Platinum Management.

Led · Seed · Jul 2013

CyberFlow Analytics provides FlowScape, a security behavior analytics solution that uses machine learning and advanced analytics to detect cyber threats, risks, and advanced persistent threats from inside the network. The company targets Global 2000 companies and government organizations as customers and focuses on enterprise security and the Industrial Internet of Things. Leadership is noted as Dr. Hossein Eslambolchi, Chairman and CEO, alongside Tom Caldwell and Louie Gasparini. The technology emphasizes detection of APTs and cyber breaches originating inside networks. The article does not disclose revenue, users, or other operating metrics. Recent activity includes strategic partnerships and investments to advance its go-to-market and technology adoption. CyberFlow Analytics develops FlowScape™, a SaaS early-warning system designed to detect cyber attacks on enterprise networks and core data before they disable, destroy, or steal data. Led by chairman and CEO Dr. Hossein Eslambolchi, the company targets a commercial release of the SaaS solution by mid 2014. It intends to use the recent funding to work with early beta customers to test FlowScape. The company secured $2M from Toshiba America Electronic Components and previously received $600k from angel investors. Those investments are part of a $4M seed round the company expects to complete by November. CyberFlow Analytics is based in San Diego, CA.