• Rubi Laboratories

  Participated · Equity · Mar 2026

  Rubi Laboratories develops an enzyme-driven platform that converts captured carbon dioxide into cellulose suitable for lyocell and viscose. The process uses a cascade of engineered enzymes in aqueous reactors sized to fit inside shipping-container modules, producing white cellulose within minutes as CO2 is added. Rubi has used AI and machine learning to improve enzyme efficacy and stability and plans to move toward continuous production. The company is building a demonstration-scale system intended to produce tens of tons of material and intends to supply apparel and other industries that use cellulose. Rubi has tested its material with 15 pilot partners, including H&M, Patagonia, and Walmart, and has booked more than $60 million in non-binding off-take agreements with a couple of partners. Leadership includes co-founder and CEO Neeka Mashouf, who founded the company with her twin sister Leila.

• MGA Thermal

  Participated · Equity · Mar 2026

  MGA Thermal has developed Miscibility Gaps Alloy (MGA) Blocks that store thermal energy generated from renewable electricity and release it as industrial heat. The company is transitioning from pilot deployments toward full commercial rollout and plans to scale manufacturing and expand commercial operations. CEO Mark Croudace described the company as entering a period of rapid scale‑up focused on staffing, manufacturing growth and delivering customer projects. MGA Thermal is headquartered in the Hunter Valley. Financially, the business has now raised about $50 million in total capital, including a $14.15 million pre‑Series B round in 2024 and a $17 million financing led by IP Group Australia. The company positions its technology as a solution for reliable, low‑cost, industrial‑scale thermal storage to support decarbonization of industrial heat.

• SPEC Toolbox

  Participated · Series A · Jan 2026

  SPEC Toolbox is a Melbourne-based construction engineering platform founded in 2023 by structural engineers Adam Jones and Ringo Thomas. Originally launched as CLT Toolbox to serve the cross-laminated timber niche, the company rebranded after discovering similar design bottlenecks across a wider range of modern manufactured materials. Its cloud software automates complex engineering calculations, helping designers more easily specify affordable and sustainable materials in building projects. The product has attracted more than 6,000 user sign-ups and 35 product suppliers and has already expanded its footprint into Europe, the UK, and North America. CEO Adam Jones says the new capital will accelerate the product roadmap, onboard additional suppliers, and deepen technical infrastructure. To date, SPEC has raised multiple rounds, including a $1.5 million Seed round in October 2023 and a $1 million bridge round in 2024, prior to the current pre-Series A fundraise.

• Transition Metal Solutions

  Participated · Seed · Jan 2026

  Transition Metal Solutions is a mining-tech startup that creates low-cost, mostly inorganic additives designed to elevate entire microbial communities inside copper heap leaches rather than targeting single strains. In laboratory tests, its proprietary cocktail has lifted copper extraction to 90% versus the 60% achieved with conventional processes, and the team anticipates commercial recovery rates of 50-70% compared with today’s 30-60%. Each mine receives a tailored formulation following microbial assays, and the company aims to build predictive models that recommend treatments in advance. Management believes the technology can materially narrow the looming global copper supply gap by increasing output 20–30% from existing operations. Near-term plans include third-party validation by a respected metallurgy laboratory and a demonstration heap containing tens of thousands of tons of ore. The recently raised seed financing will fund these milestones and support further data collection to accelerate commercialization. The company has not yet disclosed revenue or customer figures.

• Cambium Carbon

  Participated · Series A · Feb 2025

  Cambium operates a supply‑chain technology platform that connects tree care services, sawmills, manufacturers, and logistics to transform salvaged wood into Carbon Smart™ Wood products, millwork, and now mass timber. The company digitizes and streamlines the traditionally fragmented wood industry with chain‑of‑custody tracking, inventory and logistics tools, POS, e‑commerce, and AI/LLM‑driven efficiency solutions. Cambium is manufacturing cross‑laminated timber (CLT) from salvaged wood through partnerships with CLT producers and is expanding mass timber offerings to substitute steel and concrete in buildings. It has moved over 8 million board feet of wood, sequestered more than 10,000 tonnes of CO2e, and built a network of 350+ tree care companies, sawmills, and trucking partners. Recent strategy includes scaling distribution of Carbon Smart™ Wood, broadening logistics via the Mill Market acquisition (July 2024), and pursuing additional M&A to bolster supply‑chain infrastructure. The company intends to use new capital to deploy AI across the $788B wood products industry, grow the team, and scale operations to meet rising demand for traceable, low‑carbon building materials. Cambium Carbon operates Traece, a SaaS platform that connects trees to local sawyers and millers to turn them into durable products that store carbon and fund community tree planting. The platform enables a supplier network through which real estate developers, tech companies, and furniture manufacturers purchase Carbon‑Smart Wood. Traece has moved $3.7M of wood to date. The company raised $3.2M in seed funding to scale operations. Cambium plans to use the funds to grow its team, expand platform user‑ship, divert 2,500 tons of wood waste, and plant 10,000 high‑impact trees in partnership with communities. It was founded by Ben Christensen, Marisa Repka and Theo Hooker.

No current team members are available.