Led · Series B · May 2026

Thea Energy builds pixel-inspired rectangular magnets and software to generate and fine-tune stellarator magnetic fields, using many smaller planar coils to shape plasma confinement. The company says its approach lets software control arrays of regular magnets to create complex stellarator fields, and it has built dozens of full-scale magnet iterations in its Jersey City lab. Thea originally spun out of the Princeton Plasma Physics Laboratory and has iterated its design to include a set of larger magnets alongside more than 300 smaller coils that fine-tune the plasma. With $130 million in total private funding after the new Series B, Thea is scaling magnet manufacturing and plans to begin construction of its Eos demonstration reactor next year. The company aims to complete Eos by 2030 and bring a commercial device, Helios, online in 2034.

Led · Series A · Feb 2026

Based in Redwood City, California, Logos Space (sometimes stylized as λogos) is building a mega-constellation of 4,178 low-Earth-orbit (LEO) satellites that will operate in the K-, Q-, and V-bands. The network is designed around narrow beams and optical inter-satellite links to reduce interference and eavesdropping risks compared with traditional broadband satellite systems. The U.S. Federal Communications Commission has granted the company a conditional license that requires deployment of more than half the fleet within seven years and full deployment by 2035. Logos plans to place its first operational satellites in orbit in 2027. The constellation will span seven orbital shells between 870 km and 925 km at inclinations of 28° to 90°. Former NASA project manager and Google executive Milo Medin founded the company. Logos recently closed a $50 million Series A round to fund development and pursue additional partnerships ahead of its inaugural launch.

Led · Series C · Feb 2026

Founded in 2019, Oxide Computer Company designs and manufactures the Oxide Cloud Computer, a vertically integrated rack that combines purpose-built hardware with open-source software to give enterprises a modern cloud experience on-premises. The system provides self-service provisioning, API control, and hyperscaler-grade performance while allowing customers to retain data sovereignty and achieve better economics than public cloud offerings. Oxide’s approach eliminates the patchwork of servers, networking gear, and management software that enterprises traditionally piece together. With its latest capital, the company plans to broaden its product roadmap, scale manufacturing capacity, and deepen customer support worldwide. Executives emphasize long-term reliability and security as key differentiators for infrastructure buyers who make decade-long deployment decisions. Oxide counts enterprise customers across multiple industries and positions its platform as a category-defining shift in on-prem compute. The company is headquartered in Emeryville, California and is backed by several top-tier venture investors.

Participated · Series E · Nov 2025

Founded in 2012, Lambda describes itself as The Superintelligence Cloud and builds gigawatt-scale AI factories and supercomputers for training and inference. The company serves tens of thousands of customers, including AI researchers, enterprises, and hyperscalers. Lambda has invested in technical depth and operational expertise to deploy and manage large-scale AI accelerator infrastructure. The recently closed $1 billion credit facility will fund expansion of its fleet of next-generation NVIDIA AI accelerator servers and increase data center capacity. Management says the financing will add revenue-generating assets and lower the company’s blended cost of capital while enabling quicker execution on strategic infrastructure opportunities. Lambda positions its contracted revenue base and track record of operating at scale as the basis for lender confidence.

Led · Series D · Oct 2025

Stoke Space is developing Nova, a medium-class launch vehicle whose booster and upper stage are both designed for rapid reusability. Nova is engineered to deliver up to 3,000 kilograms to low Earth orbit while also allowing the upper stage to return payloads from orbit. The company is constructing launch infrastructure at Cape Canaveral Space Force Station’s Launch Complex 14 and expects the site to be finished by early 2026. Proceeds from recent financings are earmarked for ramping Nova production and accelerating additional elements of the firm’s product roadmap. Led by chief executive and co-founder Andy Lapsa, Stoke Space is working with urgency to bring Nova to market, though a first-launch date has not been announced. Including its latest capital infusion, the company has raised approximately $1.34 billion to date.