Participated · Series B · Jul 2026

Sereact builds AI software models that give robots general-purpose visual perception and manipulation abilities, and it ships those models to run on a wide range of robot hardware. The company launched Cortex 2, an AI model that trains robots on different physical behaviors so they can select the action most likely to succeed. Sereact says it does not build robots or sell services, positioning its shipped model as the product that runs on single-arm, dual-arm, humanoid and fixed-cell robots. Its technology is deployed with customers including BMW, Daimler Truck, Bol and Active Ants, and real-world deployments generate a data flywheel that improves system performance. The company was founded in 2021, is based in Stuttgart, employs about 100 people, and is using new funding to further develop Cortex 2 and expand into the U.S., including a Boston office.

Led · Seed · Feb 2024

Saleor develops an open-source headless e-commerce platform and API that handles back-end commerce functionality while enabling developers to build custom front ends. The platform is used by brands including Lush and Breitling. Saleor positions itself as a composable alternative to traditional e-commerce tools such as CommerceTools and legacy vendors like Salesforce. The product originated as a project in 2013 and was spun out as a company in 2020 by founders Mirek Mencel and Patryk Zawadzki. The startup emphasizes a thriving open-source community alongside a commercial SaaS offering, which investors have cited as attractive. Saleor is described in the article as Poland- and U.S.-based. Saleor provides an API-first, open-source "headless" e-commerce platform that decouples backend commerce logic from presentation and exposes a GraphQL API for front-end engineers. The product originated at Mirumee Software with roots back to 2013 and was founded as Saleor in 2020. By 2018 the original six-person team shipped Saleor 2.0, and the company has grown to about 20 employees. Saleor emphasizes developer experience, scalability, extensibility and a fair-priced cloud offering as an alternative to proprietary, vendor-locked solutions. The team is committed exclusively to GraphQL and targets brands seeking differentiated front-end shopping experiences. The recent seed raise will fund expansion of the core team and accelerate development of Saleor Cloud and related GraphQL tooling.

Participated · Series B · Mar 2023

Circ is a Danville, Virginia-based textile recycler that has developed patented technology to recycle global fashion waste back into textiles. The company says its process reduces the need for petroleum, trees, and other materials used to manufacture clothes. Its technology is currently used by Patagonia, Marubeni, and Fashion For Good. Circ aims to recycle 10 billion garments, representing 10% of the global apparel market, which it says will save more than 100 million trees. The company will use new funding to expand its manufacturing efforts and packaging partnerships. Circ is led by CEO Peter Majeranowski. Circ develops a proprietary chemical recycling process that extracts raw materials from discarded cotton and polyester, including cotton‑polyester blends. Its process uses subcritical water heated to 105–190°C at elevated pressure (40–300 psi) with a chemical catalyst such as sodium hydroxide to break polymer bonds and produce cellulose or terephthalic acid (TPA). Circ's patents state the method can use fewer chemical catalysts, making it cheaper and less environmentally taxing than some alternatives. The company began as a biofuels business processing tobacco waste but pivoted to textiles after industry demand. Circ says the new funding will help secure suppliers and purchasers as it scales, with the aim of making recycled garments accessible to everyday shoppers. Financially, the company previously raised $8 million in a round led by Tin Shed Ventures and has announced a $30 million Series B led by Breakthrough Energy Ventures. Circ has developed a chemical/hydrothermal process that can separate and recover both polyester and cotton from polyester–cotton blends while keeping fiber integrity intact. Founders Peter Majeranowski and Conor Hartman adapted the approach from earlier biofuels work (the company traces roots to Tyton BioScience) and have spent roughly a decade refining the technology. The process can handle small amounts of spandex (typically under 5 percent) and yields high-quality cotton cellulose that the team says can replace tree pulp for cellulosic fibers. Circ plans to introduce textiles made with its recycled fibers later this year, working with contract manufacturers and a facility in Danville, VA. The company raised $8 million from Patagonia, Marubeni, Alante Capital and Card Sound Capital to put the technology to work. Circ aims to scale impact—targeting recycling 10 billion garments by 2030—and positions its solution as one of several chemical-recycling approaches needed to address global textile waste and microplastics challenges.

Led · Series A · Jan 2022

Ambercycle provides a molecular regeneration technology that converts end-of-life textiles into cycora® regenerated polyester, its first premium material solution for fashion. The company was established in 2015 and is based in Los Angeles, CA. Ambercycle aims to empower circularity in fashion and scale next-generation materials across the textile industry. It has formed a strategic partnership with Shinkong Synthetic Fibers Corporation to accelerate commercialization. Ambercycle received a $10M investment tied to its first commercial facility, enabling scale-up to meet growing customer demand. The company expects to commence operations at the new facility in 2026, aligning its expansion with broader decarbonization efforts in textile production. Ambercycle develops molecular regeneration technology to convert end-of-life textiles into new materials for the fashion industry. Its flagship product, cycora®, is a regenerated polyester made from end-of-life textile waste. The company is led by CEO and founder Shay Sethi. Ambercycle raised US$5M in funding to support the scale-up of cycora®. The funding is intended to accelerate production and commercialization efforts for its circular polyester. No operating metrics were disclosed in the article. Founded in 2015 by Shay Sethi and Moby Ahmed, Ambercycle is a Los Angeles materials science company focused on ending waste in the fashion industry. Its Ambercycling™ process separates and purifies post-consumer textile waste at the molecular level to produce regenerated materials for new garments. The company's breakthrough material, cycora®, serves as a direct replacement for conventional polyester and has been used in collaborations with Los Angeles streetwear brands, select luxury brands, and H&M's 2021 Circular Design Story Collection. Ambercycle built a pilot plant in downtown Los Angeles to prove its technology. The company intends to use the Series A proceeds to scale up production of cycora®. Financially, Ambercycle raised $21.6M in this Series A, bringing its total funding to $27M.

Participated · Equity · Feb 2018

Magazino is a Munich, Germany–based robotics company that develops mobile robots and ACROS.AI, a software platform for intelligent robots that can be used with third-party hardware. The company positions ACROS.AI as a core software layer for future robots and for use across different hardware platforms. Magazino plans to use new capital to expand its international sales activities and to accelerate the expansion of ACROS.AI. The firm closed a €21 million Series B financing to support those efforts. Management says the investment underscores strong market demand for both its robots and its software and will help Magazino assume a central role in mobile-robotics software. Magazino develops autonomous mobile robots—notably TORU and the heavy-duty SOTO—designed to work alongside people in e-commerce distribution and storage facilities. SOTO handles boxes of more than 20 pounds and up to around two feet across, while TORU is intended for smaller payloads such as shoeboxes. The robots autonomously load multiple target boxes into internal storage and navigate to drop-off locations using real-time 3D imaging. Magazino is investing heavily in its sensing and real-time operation stack, called ACROS, to enable safe, cooperative operation in ordinary shelves, lanes, and tables. The company was founded in 2014 and has deployed systems with major clients; by 2016 it had landed customers like Fiege. Fiege remains a customer and recently ordered 30 additional robots. Magazino is a Munich-based company that develops, builds and sells innovative storage and dispensing machines enabling efficient handling of individual items. Its systems use a 3D camera to determine size, shape, position and ideal gripping points. An algorithm calculates optimal space utilization and an IT platform provides administration and management of the hardware. The startup emerged from the Technische Universität München and was supported by Exist and Flügge since 2013. It already counts customers in the pharmacy and fulfillment center industries. Magazino completed a seed financing round to support its operations and product development.