Participated · Series G · Feb 2026

Anthropic is a premier artificial intelligence safety and research company renowned for developing Claude, a family of highly capable, steerable, and safe large language models. Founded by former OpenAI researchers, Anthropic pioneers techniques like "Constitutional AI" to build systems that are helpful, honest, and harmless. Beyond its core research, the company has rapidly scaled into a dominant market force, experiencing exponential revenue growth driven by widespread enterprise adoption. Anthropic has attracted unprecedented investor attention, recently raising approximately $30 billion at a $380 billion valuation, with ongoing negotiations potentially boosting its valuation to roughly $800 billion. As a leading competitor in the generative AI space, the company is reportedly exploring an IPO later this year.

Participated · Equity · Mar 2022

CRB Group, through Cross River Bank, provides API-based technology infrastructure that enables embedded payments, cards, lending and crypto solutions for fintech partners. The company emphasizes regulatory compliance and consumer protection while offering a real-time proprietary core designed for agility and scale. Management is led by Gilles Gade, Founder, President and CEO. Cross River currently powers lending and payments for over 80 leading technology partners, including Affirm, Best Egg, Checkout.com, Coinbase, Divvy, Freedom Financial, Pay.com, Rocket Loans, Stripe, Trustly, Upgrade and Upstart. The business plans to use new capital to build out its embedded payments, cards, lending and crypto offerings, invest in people and communities, pursue international expansion, and strengthen strategic partnerships. The recent financing of $620M will support these technology-focused growth initiatives.

Participated · Equity · Mar 2022

Founded in 2008 and headquartered in Fort Lee, NJ, Cross River Bank operates as a technology infrastructure provider delivering embedded financial solutions. Its proprietary real-time banking core enables partners to offer payments, lending, crypto, and capital markets services at scale. The company powers solutions for over 100 technology partners, including X, Upgrade, Upstart, Trustly, Stripe, Plaid, DailyPay, Coinbase, Checkout, Bill.com, Best Egg, and Affirm. Management said proceeds from the $50 million equity raise will be used to scale crypto capabilities, accelerate AI and global expansion, deepen strategic partnerships, and launch new products worldwide. The bank is the primary operating asset of CRB Group, Inc., and is led by founder and CEO Gilles Gade. The announcement did not disclose prior funding rounds or valuation.

Participated · Series C · Feb 2022

Fenbeitong is a corporate spend management startup founded in 2016 in Beijing that aims to build a one-stop SaaS+Payment platform. The company combines SaaS expense and budgeting tools with payment capabilities and supply-chain networks it developed over five years. Fenbeitong has partnered with airlines, hotels, rideshare and dining platforms and worked with multiple banks to set up digital accounts to create a seamless travel and spend management experience. Since 2019 the company has seen roughly threefold growth each year. It recently launched VoC and CE mechanisms and plans to double down on product, expand its team, and expand to all major cities in China via direct sales or SaaS channel partners. To date it has raised $300 million in total funding. Fenbeitong, founded in 2016 by Lan Xi, provides corporate expense management products that help companies manage and control expenditures through technological innovations. The company has established itself as an industry leader and has served over 1,000 corporations. In March 2020 Fenbeitong completed a $36M Series B+ financing. The company plans to use the funds to double the size of its product research and development team and further improve customer experience. Management also intends to seek more channel partners, cooperate with cross-industry players, and expand into more first- and second-tier cities in China.

Led · Series D · Feb 2022

CelLink manufactures electrically and thermally conductive flexible circuits intended to redefine automotive electrical distribution systems to make vehicles lighter, less expensive, and cleaner in both manufacturing and daily use. Founded in 2012 by Kevin Coakley and Malcolm Brown, the company is headquartered in San Carlos, CA, with a sales and engineering facility in Novi, MI. Its products have been in automotive mass production since 2019 and are on the road in hundreds of thousands of electric vehicles today. The company closed a $250M Series D to fund growth. Proceeds will finance construction of a 300,000 sq. ft. manufacturing facility in Georgetown, Texas, expand engineering teams at its San Carlos HQ and Novi facility, and establish a European-based team to service international customers. CelLink plans to expand the application of its technology beyond passenger automotive into commercial vehicles, aerospace, off-highway, agriculture, military, marine, and other industrial markets.