Participated · Equity · Jan 2026

Founded in 2015 as a spin-off from TU Delft, Qualinx applies proprietary Digital Radio Frequency (DRF) technology to shift many analog radio functions into the digital domain, sharply reducing power consumption, chip size and cost. Its market-ready QLX3Gx Series GNSS chip consumes up to 10× less energy and offers up to 5× the positioning performance of conventional solutions while fitting into a compact 5 × 5 mm package. The device supports concurrent tracking of six satellite constellations and multi-band processing, integrates hardware-level security, and can be reconfigured via software to extend product lifecycles. Manufacturing is handled by GlobalFoundries in Dresden, anchoring production within the EU. Target markets span wearables, pet and asset trackers, IoT sensors, drones, vehicles, telecommunications and satellites. The company plans mass production in 2026 and will showcase its technology at CES 2026 while offering developer kits to OEMs. With the latest financing, Qualinx has raised €40 million to date and anticipates a Series B round in the second half of 2026.

Participated · Seed · Dec 2024

Alveron Pharma is a clinical-stage company developing OKL-1111, a synthetic agent intended to reverse anticoagulants and platelet inhibitors and prevent haematoma expansion in intracranial haemorrhage (ICH). OKL-1111 binds to a downstream clotting factor and is designed for rapid IV administration, potentially within 10 minutes of a diagnostic CT scan. The drug also reportedly reverses the effects of clopidogrel, for which there is currently no antidote. Founded in 2019 and based in Nijmegen, Netherlands, Alveron positions OKL-1111 as a first-line therapy to reduce door-to-needle time and improve clinical outcomes including mortality and morbidity. Financially, the company completed a €5.0M Series Seed extension (approx $5.28M) to accelerate development. Proceeds will support activities to ready OKL-1111 for further clinical studies aimed at demonstrating safety and proof-of-concept efficacy in patients.

Participated · Series A · Nov 2022

Runwise offers a vertically integrated smart control platform that automates building operations by combining proprietary wireless hardware with cloud-based software to optimize heating, cooling, electric, and water systems. The platform enables rapid deployment with a typical payback period of under five months and delivers measurable ROI and operational simplicity. Runwise is installed in more than 10,000 buildings across the U.S. and serves upwards of 1,000 customers, having saved customers over $100 million in energy costs to date. The company reports growth of over 30X since its seed round and says it is on track to nearly double again this year. Runwise plans to use new capital to support product innovation, expand its team, and enter new core markets. The company positions itself as a large private-sector reducer of carbon emissions and a leader in scaling smart infrastructure across real estate portfolios. Runwise provides building control services using intelligent, easy-to-install wireless hardware and software to optimize heating and other key building systems. Its platform is installed in over 4,000 buildings and serves almost 400 customers, including large owners and operators such as Related, Blackstone, Lefrak, Equity Residential, Fairstead, and Douglas Elliman. Runwise says its service controls key building systems in thousands of buildings across 10 states and delivered an average 20.1% reduction in fossil fuel emissions in retrofitted buildings last year. Energy savings typically pay for the system within a handful of months, and the company expects its growth this year will remove the equivalent of nearly 100,000 cars' worth of carbon emissions. Financially, Runwise has raised $19 million in a Series A and now has $24 million in total equity funding. The company plans to use the new capital to expand operations and deploy its technology more broadly across the U.S. to increase building efficiency, lower costs, and reduce fossil fuel emissions. Runwise develops wireless sensors and a controller computer that retrofit decades-old heating controls to reduce energy consumption and costs. Its sensors claim a 10-year battery life and the system takes charge of boilers and heating previously run by timers or static logic. The company says average install payback from reduced heating bills is around nine months. Runwise has been bootstrapping for a decade and its tech is already deployed in roughly 4,000 buildings serving more than 300,000 people. Customers include large real estate operators such as Related, Blackstone, Lefrak, Equity Residential, Douglas Elliman and Fairstead. The company plans to use new funding to enter a phase of hyper growth and pursue a vision of dramatically cutting building carbon and improving affordability at scale, targeting many more of the ~12 million U.S. buildings.

Participated · Seed · Apr 2022

Satellite Bio leverages its Satellite Adaptive Tissue (SAT) platform to selectively program cells and assemble them into novel, implantable therapies called Satellites that enable full cell function in vivo. The company says Satellites can repair, restore or replace dysfunctional or diseased tissue or organs, addressing challenges that have hindered prior regenerative approaches. Satellite Bio holds an exclusive license to technology originating in the labs of Sangeeta Bhatia (MIT) and Christopher Chen (Boston University), building on decades of collaborative research in tissue technology, biology, and bioengineering. Founded in 2020 by Bhatia, Chen and Arnav Chhabra, the company is led by CEO Dave Lennon and is based in Cambridge, MA. It recently announced additions to its executive team, including Laura Lande-Diner as chief business officer and Tom Lowery as chief technology officer. The company intends to use the newly raised funds to expand its development efforts.

Participated · Series F · Oct 2021

JumpCloud is an open directory platform that centralizes management of user identities and devices to enable secure, frictionless access from any device or location. The company’s mission is to Make Work Happen by providing simple, secure access to corporate technology resources and helping organizations adopt Zero Trust security models. JumpCloud targets small and midsize enterprises and is using the recent funding to accelerate SME adoption of its modern directory platform. The company reports a global user base of more than 120,000 organizations and over 5,000 paying customers, including Cars.com, GoFundMe, Grab, ClassPass, Uplight, Beyond Finance, and Foursquare. JumpCloud closed a $225 million Series F at a $2.625 billion valuation, and the financing brought total capital raised to over $400 million. The additional capital is positioned to support product adoption and go-to-market expansion for its directory platform. JumpCloud offers a cloud-native directory platform that centralizes identity and access functions — including device management, single sign-on, multi-factor authentication, privileged access management and identity governance — for SMBs and mid-market customers. The company targets organizations that lack large IT staffs by providing enterprise-grade features in an easy-to-deploy, cost-conscious product. CEO Rajat Bhargava frames the directory as the core of an IT organization and says the platform connects users and identities to the resources they need. JumpCloud reports it has 5,000 customers after adding 2,000 since the prior November, and had roughly 300 employees last November with plans to double head count by year-end. The company is not disclosing revenue metrics. With a sizable balance sheet from recent financings, leadership is open to strategic M&A to add engineering talent and product functionality, and is not currently focused on an IPO. JumpCloud offers the JumpCloud Directory Platform, a cloud-based solution that enables IT, security operations, and DevOps to control and manage employee identities, devices, and apply Zero Trust principles. The platform is designed to give people secure access to the resources they need to do their jobs. The company reports a global user base of more than 100,000 organizations across over 100 countries and over 3,000 customers, including Cars.com, GoFundMe, ClassPass, and Foursquare. JumpCloud completed its Series E growth round at $100M after adding $25M and has now raised nearly $200M in total. The company says it will use the Series E to expand product development, marketing, and sales globally. To support growing demand, JumpCloud added Kevin Biggs as Chief Revenue Officer. JumpCloud offers an independent cloud directory platform that connects people to devices, web applications and cloud resources across heterogeneous operating environments. The product includes a free tier for 10 users on 10 systems for an unlimited amount of time, and the company reports 100,000 users, about 3,000 of whom are paying. CEO Rajat Bhargava says the COVID-19 pandemic has accelerated demand as more companies move to the cloud, and since the pandemic the company has adopted a remote-first approach. JumpCloud has 300 employees and plans to add 200–250 over the next year with a goal of adding 500 in the next couple of years. The company emphasizes diversity and inclusion in hiring by ensuring diverse candidates are included in every role's hiring pool. Financially, it recently raised a $75 million Series E and has now raised more than $166 million in total, according to Crunchbase. JumpCloud provides a cloud-based directory service that gives users one set of credentials to securely access systems, apps, networks, and file servers regardless of platform, protocol, provider, or location. The platform targets companies and Managed Service Provider (MSP) partners that need centralized identity and access management. Led by CEO Rajat Bhargava, the company plans to use new funding to expand engineering, sales, and marketing operations. It also intends to drive new functionality for customers and MSP partners. JumpCloud will establish a physical presence in strategic areas globally to provide deeper local support. Financially, the company recently raised $50M in funding to support these initiatives.