Participated · Series A · Apr 2026

Founded in 2024, Sygaldry is developing quantum-accelerated AI servers purpose-built for AI data centers to increase compute per watt and lower costs for training, inference, and reasoning. The company says it has been focused on technology development and assembling a team over the past year, with employees in Ann Arbor and San Francisco. Sygaldry raised $139M across seed and Series A financings, providing early-stage capital to scale engineering and operations. Leadership frames the technology as a way to address the energy and cost challenges of large-scale AI. The company is actively hiring across AI, quantum, and other disciplines as it moves from stealth toward product development and deployment.

Participated · Series C · Jan 2026

Deepgram operates a speech and voice AI platform positioned as infrastructure for developers and enterprises rather than a consumer app. Its platform powers over 200,000 developers and 1,400 organizations, and has processed more than 50,000 years of audio, transcribing over a trillion words. The company has seen rapid APAC growth, with a 96% year‑on‑year increase in API requests and presence in more than 20 APAC markets covering multiple regional languages and dialects. Deepgram plans to open an Asia‑Pacific headquarters in Singapore and expand local sales, support, and low‑latency inference infrastructure to better serve regulated industries and reduce latency. The firm has emphasized low‑latency inference and localized language expertise as key differentiators against large cloud providers and other speech specialists.

Participated · Series A · Sep 2025

Atomic Industries develops an artificial-intelligence platform that automates and optimizes the design of tooling—the molds and machines that shape materials—treating them as software-defined assets rather than static hardware. Its proprietary software rapidly explores massive design spaces and delivers high-performance tooling solutions in days instead of the months required by traditional, manual engineering methods. This capability collapses non-recurring engineering costs and shortens product launch cycles, giving manufacturers cloud-like agility in the physical world. The company has progressed beyond pilot projects and is already shipping production-grade parts to leading original equipment manufacturers in demanding industries, validating the reliability and scalability of its approach. With fresh capital, Atomic Industries plans to expand its network of software-defined factories and further advance its AI systems. The broader vision is to create a localized, flexible, and resilient industrial base in the United States powered by intelligent manufacturing technologies.

Participated · Series D · Apr 2025

Rescale provides a unified digital engineering platform that combines cloud high-performance computing resources, intelligent data management tools, and applied AI to speed modeling and simulation workflows. The company maintains a market-leading library of over 1,250 engineering and R&D applications and a global network of more than 500 cloud datacenters through partners such as AMD, AWS, Arm, Intel, Microsoft Azure, NVIDIA, and Oracle Cloud Infrastructure. Rescale serves hundreds of enterprise customers across aerospace, automotive, energy, life sciences, manufacturing, public sector, and semiconductors; customers including Arm, General Motors Motorsports, Samsung, SLB, and the U.S. Department of Defense spend over $1 billion annually on HPC infrastructure that the platform supports. Planned roadmap priorities include expanding available workflows and compute technologies, establishing a unified data fabric and digital thread for modeling and simulation, adding AI-native search, tagging, and automation, and strengthening enterprise security and compliance with additional government and defense authorizations. The company emphasizes democratizing AI-powered engineering and automating AI Physics tool use, targeting large speed improvements in design validation. Financially, Rescale has raised a $115 million Series D and has now brought total funding to over $260 million. Rescale delivers a platform that enables organizations to run scientific and engineering simulations on public clouds (AWS, Azure, GCP, IBM, Oracle) and manage on-premises HPC resources, schedulers, and licenses. Its network spans 8 million servers with over 80 specialized architectures and resources (e.g., Nvidia Tesla P100 GPUs, Intel Skylake processors, >1TB RAM) delivering a combined 1,400 petaflops of compute. The platform supports workloads across aerospace, automotive, oil & gas, life sciences, electronics, academia, and machine learning, and includes a recommendation engine trained on billions of core hours to optimize performance. Rescale offers on-demand and long-term computing environments and pricing for single batch jobs, optimization jobs, and large designs of experiments, and has expanded its software catalog to more than 800 apps. Since its most recent February funding round the company added over 100 new customers and now counts 200 enterprise subscribers and 400 subscribers overall, including several Fortune 50 businesses. CEO Joris Poort says the new proceeds will be used to grow Rescale’s platform, service offerings, and workforce (the company has 200 employees and expects to grow to 300 in a year). Rescale is a hybrid high-performance computing (HPC) cloud platform delivering intelligent computing for digital R&D. Led by CEO Joris Poort and CTO Adam McKenzie, the company serves more than 300 customers ranging from startups to Fortune 50 enterprises. Rescale enables research scientists and engineers to run simulation and artificial intelligence workloads on the cloud provider of their choice using specialized hardware architectures and software templates optimized for their use cases. The platform requires no setup or maintenance from users. Rescale closed a $50m Series C round, bringing its total funding to over $100m. The company stated it intends to use the funds. Rescale helps companies move legacy high-performance computing (HPC) applications to the cloud or hybrid environments, providing HPC resources and tuning applications for maximum performance. The platform supports bare metal, virtual machines and containers and can leverage on-prem capital assets while extending workloads to different cloud vendors. Rescale targets engineering, aerospace, scientific and other verticals and currently serves about 150 customers, including Sikorsky Innovation, Boom Aerospace and Trek Bikes. The company was founded in 2011 and is based in San Francisco, with roughly 80 employees. Financially, Rescale has raised a total of $52 million to date and recently closed a $32 million Series B. The company plans to use the new capital to hire developers and solutions architects, expand in Asia and Europe, and build relationships with systems integrators to broaden market reach. Rescale provides enterprise-class high performance computing (HPC) platforms that help large enterprises transition from legacy on-premise systems to scalable, agile cloud computing infrastructure. Its platform is deployed securely via a web-based application environment powered by simulation software providers and backed by large HPC infrastructure. The company serves global Fortune 500 customers across aerospace, automotive, life sciences, marine, consumer products and energy sectors. Led by CEO Joris Poort, Rescale has attracted notable seed backers and strategic investors. The company raised a $14M Series A and intends to use the funds to expand worldwide. Total capital raised to date exceeds $20M.

Participated · Series C · Feb 2025

X-energy’s core product is the Xe-100, an 80-megawatt, high-temperature, gas-cooled SMR that uses billiard-ball-sized, carbon-coated uranium fuel pebbles and helium coolant to generate steam for electricity. The company is focused on establishing a supply chain capable of delivering these reactors at scale and has already secured orders for 144 SMRs totaling 11 gigawatts of capacity. Early customers include Amazon, Dow, and British utility Centrica; Amazon alone has committed to more than 600 MW of capacity in the Pacific Northwest and Virginia, with the potential to deploy up to 5 GW by 2039. X-energy is positioning its technology to meet surging demand from tech companies and data-center operators seeking reliable, zero-carbon power. Financially, the startup has raised $1.8 billion to date, with $1.4 billion of that coming in the past year through its Series C and Series D rounds. The fresh capital will be used to build out the manufacturing and supply infrastructure required for large-scale SMR deployment.