Participated · Series A · Jul 2026

NxLite develops proprietary permanent, low-emissivity coatings applicable to both glass and polymeric substrates that aim to reduce energy consumption while cutting weight versus conventional alternatives. The company partners with leaders in the window industry, commercial refrigeration, transportation and other sectors and reports having secured commercial agreements and offtake. Since its first close in October 2025, NxLite has been adding capacity and enhancing full-scale manufacturing capability at its Advanced Innovation & Manufacturing (AIM) Center in Canton, Michigan. Financially, NxLite completed a $13.1 million Series A final close and obtained a $3.5 million debt facility from RSF Social Finance to support its manufacturing scale-up. The company appointed Erin Sawyer, a supply-chain and operations leader, to its board to help accelerate operational execution and compress timelines. NxLite is actively scaling its technology for broader commercial application across multiple use cases.

Led · Series A · May 2026

Texture offers a unified operational layer that connects to AMI, SCADA, batteries, EVs, solar infrastructure, smart thermostats and other systems to consolidate grid data without requiring system replacement. The platform is designed to help utilities identify transformer overloads, voltage anomalies, and outage risks and can make utilities operational within days by organizing disparate data into a single model. Texture has established first-party integrations with over 50 OEMs, including Tesla, FranklinWH, Honeywell, Ecobee, and SolarEdge. Its initial traction has come from utility cooperatives, and Vermont Electric Cooperative is a named customer using the platform to monitor its grid and manage distributed battery systems. Texture announced a partnership with NRTC to deliver DERMS capabilities to co-ops and plans to use recent funding to grow its team and further develop the product, with total funding now about $23 million.

Participated · Series A · May 2026

Magrathea develops a next-generation electrolytic process to extract magnesium metal from seawater and waste brines with a goal of producing carbon-neutral magnesium. The company operates a pilot facility in Oakland, California and is led by CEO Alex Grant. Magrathea positions its product to reduce reliance on traditional mining and on Chinese supply chains for magnesium. Following the Series A, the company intends to expand operations and continue development work, including building a demo smelter. Financially, Magrathea has just completed a $24M Series A; no revenue or user metrics were reported.

Participated · Series B · Apr 2026

Sepion Technologies develops ultra-thin, drop-in polymer separator coatings and membrane technologies intended to replace legacy ceramic materials in lithium-ion batteries. Its coatings aim to enable higher energy density, faster charging, and improved durability without requiring changes to existing battery manufacturing lines. The company reports its products are currently being manufactured on commercial production lines to support customer qualification with leading global battery manufacturers. Sepion is supporting multiple concurrent qualification programs for electric vehicle, energy storage system, and consumer electronics applications. Led by CEO Peter Frischmann and based in Alameda, CA, the company plans to use recent funding to scale U.S.-based polymer production, expand product lines, and strengthen quality and operations.

Led · Seed · Apr 2026

Refiant AI develops technology to compress and restructure AI models so they can run on smaller or local systems with lower energy use. The company positions this capability as a more energy-efficient alternative for deploying AI. It was founded by Viroshan Naicker, Sid Gutta, and Mathew Haswell and is based in South Africa. Refiant AI has begun early discussions with multinational partners to explore commercial opportunities. The startup recently completed a $5 million seed raise led by VoLo Earth Ventures to advance its product and business development. No revenue, user metrics, or valuation details were disclosed in the available information.