Our Investments

We believe in an active thesis. Born in the heart of the pandemic, we’re comfortable with rapidly evolving environments and invest accordingly. While our thesis of “investing in the transformation of fundamental industries and processes” provides a guiding framework, it does not specify investment verticals.

Instead, we use innovation as a signal for transformation. As we go deeper in one vertical, it may lead us to another. Our investments in the global supply chain led us to recognize the transformation occurring in manufacturing, which led to exploratory investments in both space and agriculture. Our thesis serves as a north star; however, our evolving perspectives on rapidly transforming industries dictate where we invest.

From an investment standpoint, we are active early stage investors that have invested from Seed to Series C, with a majority in Seed and Series A.

INVESTMENT CLUSTERS

Supply Chain

Investing in companies that are modernizing the global supply chain.

Logistics

Datum Source

Sourcing platform for advanced manufacturing

Acquired
IPO
datumsource.com
Logistics

Dray Alliance

Logistics platform for drayage transportation.

Acquired
IPO
drayalliance.com
Logistics

Flowspace

On-demand warehousing and order fulfillment services.

Acquired
IPO
flow.space
Cross-Border

Forager

Cross border logistics platform for truckload freight.

Acquired
IPO
foragerscs.com
Automation

Kargo

Smart loading docks for warehouses and factories.

Acquired
IPO
kargo.com
Global Trade

Mickey

Physical commodity procurement platform for manufacturers.

Acquired
IPO
mickeyforest.com
Bulk Freight

Ocean Freight Exchange

AI-marketplace for non-containerized dry bulk, tanker, and gas freight markets.

Acquired
IPO
theofe.com
Food/Grocery

Pod Foods

Full-service wholesale marketplace connecting grocery retailers with brands.

Acquired
IPO
podfoods.co
Logistics

Shippabo

Global cloud based supply chain management platform for international freight transportation.

Acquired
IPO
shippabo.com
Trucking

TruckLabs

Transforming the trucking industry through technology

Acquired
IPO
trucklabs.com

Manufacturing

Investing in companies that leverage innovations from the last decade to transform manufacturing processes from the last century.

Complex Manufacturing

First Resonance

RPA systems for complex manufacturing.

Acquired
IPO
firstresonance.io
Monitoring/Performance

I-50

Computer vision platform for manual production.

Acquired
IPO
i-5o.ai
Additive Manufacturing

ICON Build

3D printing for large scale construction projects.

Acquired
IPO
iconbuild.com
Telecom

Traxyl

Delivers rapid, on-demand network connections via simple and cost-effective fiber installation, even in remote and hard-to-reach areas.

Acquired
IPO
traxyl.com

Autonomous
Robotics

Investing in startups that are filling the labor void across critical checkpoints in manufacturing and logistical operations.

Robotics

Aigen

Restoring our planet's health, through the land and our soils, with an affordable precision edge robotics platform.

Acquired
IPO
aigen.io
Robotics

Bear Flag Robotics

Developer of self-driving technology for tractors designed to lower the cost of farming through automation.

Acquired
IPO
bearflagrobotics.com
Logistics

Dextrous Robotics

Building robots with precision arms to pick and place parcels.

Acquired
IPO
dextrousrobotics.com
Robotics

Polymath

Building autonomy for large enterprises with controlled environments: places like mines, ports, large manufacturing facilities, airports, farms.

Acquired
IPO
polymathrobotics.com
Food Delivery

Serve Robotics

The company's self-driving robots serve people in public spaces, starting with food delivery, enabling customers to get their products faster.

Acquired
IPO
serverobotics.com
Automotive

Symbio Robotics

Dedicated to developing RPA and AI technologies to streamline assembly operations on factory floors.

Acquired
IPO
symb.io

Emergent

Preliminary investments in high potential areas that can spawn future clusters.

Built World

Avvir

Machine vision technology to optimize the construction process.

Acquired
IPO
avvir.io
Green Tech

Banyan Infrastructure

Banyan is a platform that automates contractual compliance and creates transparency throughout the loan lifecycle of green infrastructure projects.

Acquired
IPO
banyaninfrastructure.com
Agriculture

Beanstalk

Vertically integrated farm that provides direct to consumer produce.

Acquired
IPO
beanstalk.farm
Fintech

Fonbnk

A DeFi dApp using mobile prepaid airtime credits as an onramp to Web3 for the emerging world.

Acquired
IPO
fonbnk.com
FinTech

Paystand

Blockchain enabled B2B payments platform automating the AR process for

Acquired
IPO
paystand.com
Fintech

Truework

Employment and income verification that lets banks, lenders and background check providers verify any U.S. employee.

Acquired
IPO
truework.com

Aerospace

Investing in startups focused on servicing earths needs and problems via the geography of space.

In-space mining

AstroForge

Make space resources available on Earth.

Acquired
IPO
astroforge.io
Material Science & Manufacturing

Canopy Aerospace

Assuring access to space through advanced materials manufacturing and secure supply chain.

Acquired
IPO
canopyaerospace.com
Energy

Eternal Light

Powering machinery through the lunar night

Acquired
IPO
eternal-light.space
Geospatial Analytics

Hydrosat

Turns Earth data into intelligence and insight for agriculture, financial services, and government.

Acquired
IPO
hydrosat.com
Aerospace

Nuview

Building the world's first commercial LiDAR satellite constellation to provide continuously updated global 3D pointcloud from space.

Acquired
IPO
nuview.space
In-Space Refueling

Orbit Fab

Gas Stations in Space™ - We are the satellite refueling service provider for LEO, GEO, and cislunar space.

Acquired
IPO
orbitfab.com
On-orbit propulsion

Phase Four

Building the next generation of plasma propulsion.

Acquired
IPO
phasefour.io
Launch

STOKE Space

Low cost, on demand, fully reusable rockets for LEO destination.

Acquired
IPO
stoke-space.com
Energy

Solestial

Deliver cost effective, reliable and safe solutions to power the new space economy.

Acquired
IPO
solestial.com
Satellite Services

Starfish Space

Maximizes satellite capability through satellite servicing missions like life extension and debris removal.

Acquired
IPO
starfishspace.com
Aerospace Propulsion

Ursa Major

Leading source of world class propulsion systems. High-performing rocket engines for space launch and hypersonics.

Acquired
IPO
ursamajor.com
Exploration

Voyager Space

intended to centralize core shared services for space exploration by increasing vertical integration and mission capability.

Acquired
IPO
voyagerspace.com
Space as a Service

Xplore

Providing Space as a Service in the form of Sensors, Data, and satellites for commercial and environmental applications.

Acquired
IPO
xplore.com

Commerce

Investing in companies rethinking the e-commerce stack for the digital world.

Voice

Blutag

No-code SaaS solution enabling retailers to create voice apps

Acquired
IPO
blu.ai
E-Commerce

Limespot

AI data-sets powering personalized ecommerce shopping.

Acquired
IPO
limespot.com
Marketplace

Pantastic

E-commerce enablement platform for independent brands.

Acquired
IPO
pantastic.com