September Portfolio Update

Ursa Major announced last week that it is going public. CEO Christopher Spagnoletti joined CNBC’s "The Exchange" to publicly announce and discuss the plan. The company is using the TV appearance to communicate the liquidity event to investors and stakeholders.

The UK Intellectual Property Office issued Patent No. GB2637908B covering Altilium’s hydrometallurgical process that directly recovers and regenerates cathode active materials from battery black mass. The company says the IP underpins UK commercialisation and international licensing, has been proven at an industrially representative scale, and independent testing by Imperial College found recovered materials perform comparably with virgin materials. The patent supports Altilium’s planned ACT4 Teesside facility (targeting processing waste from >150,000 EVs/year and producing 30,000 tonnes of CAM) and follows prior UK government-supported validation projects.

The Therapeutic Goods Administration approved inclusion of the Koning Breast CT System (CBCT 1000) on September 8, 2026, allowing Koning to begin commercial supply in Australia subject to ARTG conditions. Koning named Brisbane Radiology as the first Australian purchaser and will work with local partners on commercialization, installation, and provider education. The approval supports Koning’s ongoing international expansion of its Vera breast CT platform.

Serve Robotics announced a partnership with DoorDash to bring robot delivery to Washington, D.C., launching in Dupont Circle and parts of downtown. Local restaurants, including Talkin' Tacos, are now using Serve robots for food deliveries in the city. The post frames this as a market expansion and live deployments with merchant partners in the nation’s capital.

Booster has the sole CARB executive order in California for wet-hose gasoline delivery, a formal certification no other mobile fueler currently possesses. The company helped regulators define a new category to classify its operations and outlined what a CARB executive order requires. The post also explains the processes needed to keep the certification current year over year, reinforcing a regulatory moat in California.

Announced at Global Fintech Fest 2026, the partnership enables Indian travellers to pay in INR using their UPI apps at Resorts World Sentosa and participating Singapore merchants. FOMO Pay and NIPL cite access to a UPI network of 500M+ active users and 24 billion monthly transactions, with merchants settling in SGD while customers transact in INR. Singapore received 1.2 million Indian visitors in 2025, highlighting the potential cross-border payment volume targeted by the integration.

Antares Industries received a $161M Strategic Breakthrough Award from the U.S. Space Force tied to the White House EO "Ensuring American Space Superiority" and the National Initiative for Space Nuclear Power. The first-of-a-kind award funds development to advance space nuclear power toward flight and signals a codified national mission supporting Antares' technology. This is a material, high-profile government collaboration and significant non-dilutive funding to accelerate Antares' space nuclear efforts.

Paradromics reports that after implanting the Connexus® BCI in June, the first participant in its Connect-One study is now choosing her own words and communicating in real time via decoded neural activity. The participant, who has progressive motor neuron disease affecting speech, answered open-ended questions, spoke freely, and used a system-generated voice to call family; the company states every intended word was decoded exactly as intended. The device remains investigational in the U.S., and the result demonstrates early human-use traction for Paradromics' goal of restoring communication.

Remote scored 41 #1 placements in G2’s 2026 Fall Report and appeared in 352 leader features across payroll, employment, contractor management, benefits administration, and time & attendance. The company ranked #1 across every Global Employment Platform segment worldwide, was #1 in G2’s Global Payroll Momentum Grid, and debuted as a Contractor of Record Leader at #2 globally. These rankings represent broad third-party recognition across Remote’s core product areas.

Busha announced a partnership with Mastercard to add the Mastercard Crypto Credential to its platform. The integration allows Busha users to send and receive supported digital assets using a unique, verified Mastercard Crypto Credential alias linked to an email address or phone number. Mastercard Crypto Credential is now available to Busha users, enabling alias-based asset transfers on the platform.

Enterprise Times ran a feature examining Atsign and Intel's work on hardware-accelerated secure agent-to-agent communications and its implications for edge AI, smart transportation, and securing autonomous systems. The article focuses on delivering verified identity, encryption, and trusted communication at the edge without compromising real-time performance and frames questions about next steps for the approach. Coverage increases visibility of Atsign's edge security efforts alongside a major silicon partner.

Alto posted that on October 1 it will become FuzeRx, 'the pharmacy of Fuze Health,' indicating integration into Fuze Health's organization. The company says the change updates its name and look while maintaining the same teams, pharmacy services, and support for patients, providers, and partners.