• PlasmaLeap

  Participated · Series A · Mar 2026

  PlasmaLeap designs, manufactures and sells modular plasma reactors that synthesize ammonia and nitric acid from air, water and renewable power, eliminating the fossil-fuel inputs and heavy transport normally required for nitrogen fertiliser production. Spun out of the University of Sydney, the company targets on-farm or local hub installations that cut growers’ input costs, lower supply-chain risk and slash CO₂ emissions from fertiliser manufacturing, transport and field losses—an impact area that accounts for roughly 2.5 % of global industrial emissions. Its platform is also being engineered to make e-fuels, synthetic hydrocarbons and other industrial chemicals, opening pathways to decarbonise hard-to-abate sectors like energy and transport. PlasmaLeap is currently progressing first-of-a-kind fertiliser hubs in New South Wales and Tasmania and expanding field trials to validate commercial performance. Management expects the solution to generate high-quality carbon credits and improve national food security by shielding farmers from global price shocks. Financially, the company has just secured almost A$30 million (US$20 million) in Series A capital to fund these deployments and further R&D, adding to earlier grants such as support from the Gates Foundation.

• Hachiko

  Participated · Seed · Dec 2025

  Hachiko is a Sydney-based startup building a software platform that optimises and manages industrial battery energy storage system (BESS) portfolios. Tailored for commercial and industrial batteries, the solution coordinates dispatch across multiple energy markets, reportedly doubling portfolio viability and unlocking greater than 75% revenue uplift for asset owners. Founder and CEO Rakhesh Martyn draws on experience delivering roughly 4 GW of utility-scale batteries since 2017, positioning the product as a critical layer for the 120 GW of new storage forecast for the coming decade. Falling battery capex—down about 85% in the last ten years—has accelerated distributed battery deployment, and Hachiko aims to match this pace with advanced analytics, flexibility, and control. Early customers have validated the platform’s value, helping attract top-tier climate and energy investors. With fresh capital, the company will grow its technical and go-to-market teams while deepening and broadening product capabilities to serve a rapidly expanding customer base.

• Vycarb

  Led · Seed · Oct 2025

  Vycarb develops a carbon neutralization and measurement system that converts CO₂ into stable dissolved bicarbonate (HCO₃⁻), allowing safe, low-cost, and verifiable carbon capture directly at the emission source. The platform leverages ocean-based chemistry combined with real-time sensors to quantify and monitor captured carbon. By turning CO₂ into bicarbonate, the company provides permanent storage without the need for geological sequestration. Vycarb positions its solution as both scalable and measurable, addressing critical requirements for carbon management in heavy-emitting industries. The company plans to use recently raised capital to accelerate the commercialization of its water-based carbon storage technology, indicating an upcoming push toward market deployment and customer acquisition. While no revenue or user metrics were disclosed, the seed financing represents its first publicly reported round and supports continued technology development and early sales.

• Enmovil

  Participated · Series A · Aug 2025

  Enmovil provides an AI-powered SaaS logistics platform for multimodal supply chain operations, helping enterprises forecast demand, plan operations, dispatch efficiently, and gain real-time visibility. The platform integrates with ERP systems such as SAP and Oracle and serves industries including automotive, FMCG, power, oil and gas, and cement. Founded in 2015 by Ravi Bulusu, Nanda Kishore, and Venkat Moganty and based in Hyderabad, India, the company counts over 50 enterprise clients including Maruti Suzuki, Hero MotoCorp, HPCL, Nestlé, TVS Motors, Indus Towers, Vedanta Power, and Daimler. Enmovil positions its solutions to reduce inefficiencies and drive measurable cost savings for customers. The company plans to use the funding to strengthen its AI capabilities, expand sales teams, and enter international markets through partnerships with consulting firms and global enterprises.

• Hoofprint Biome

  Participated · Series A · Apr 2025

  Hoofprint Biome develops an enzyme feed additive that tweaks the cow rumen microbiome to suppress microbes that generate methane while increasing nutrients available to the animal. The enzymes are derived from the rumen itself and will be produced using yeast, similar to other industrial enzymes. The company targets a 5% improvement in feed efficiency (more pounds gained per unit of feed). Co-founders Kathryn Polkoff (CEO, PhD in animal science) and Scott Collins developed the approach with a farmer-facing focus on productivity and animal health. Hoofprint plans to use its latest financing to trial the enzymes on farms. The startup frames methane reduction as necessary but emphasizes that improved productivity will drive farmer adoption. Hoofprint Biome was founded by two NC State Ph.D. graduates to improve cattle gut health and reduce methane through an engineered probiotic. The company engineers Saccharomyces boulardii to deliver novel methane-preventing enzymes into the rumen while providing feed-efficiency benefits. Hoofprint is licensing NC State research-based patents and Crook’s patented delivery techniques to build its product. The startup plans to use most of its initial capital on in vivo trials and expects to double its four-person team by next year. It operates from NC State’s Plant Sciences Building on Centennial Campus and emphasizes farmer-friendly, easy-to-deploy dried-yeast feed formulations. The founders are also Breakthrough Energy Innovator Fellows and have pursued university commercialization support including the Chancellor’s Innovation Fund and a Daugherty Endowment prize.

No current team members are available.