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December 28, 2024 · 4:35PM

Portfolio news: Public, Axiom Space, Sugarfina, and 20 more

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Excited to share this season's greetings from our portfolio companies, bringing you the latest updates as they close out 2024 with significant achievements.

fintech
r/capital
Public announces $135M capital raise
Cover

The investment platform has secured $105 million in equity financing and $30 million in debt, with longtime partner Accel leading the round. Since its 2019 launch, Public has evolved from a social stock trading app to a comprehensive platform with five asset classes and AI capabilities, with its core brokerage business now profitable across 10 revenue streams.

In portfolio since Q4 2021
health
r/portal
OhmniLabs gets acquired by Symbotic

This strategic acquisition enables Symbotic to expand beyond warehouse automation into healthcare settings, while gaining OhmniLabs' rapid innovation capabilities and robotics expertise.

In portfolio since Q2 2023
web3
r/capital
Avalanche raises $250M
Cover

The layer-1 blockchain has raised funding from over 40 investment firms, including Galaxy Digital, Dragonfly, and ParaFi Capital. This investment coincides with the launch of Avalanche9000 testnet upgrade, which promises to reduce deployment costs by 99%.

In portfolio since Q3 2021
AI & ML
R/Portal
NPCx secures partnership with major video game publisher

The company has signed an agreement with the world's second-largest video game publisher, adding to its existing partnership with the ninth-largest publisher and ongoing tests with the seventh-largest. The deals include both TrackerX body animation and upcoming FaceX facial animation technology.

In portfolio since Q4 2022
AI & ML
r/Portal
Markets EQ (Helios) launches public access to its AI platform

This public launch comes as Markets EQ approaches completion of its $2 million capital raise, while the platform now offers instant feedback on pitches, meetings, and presentations.

In portfolio since Q3 2022
Aerospace
r/capital
Axiom Space joins forces with CesiumAstro to develop next-generation spacesuit technology
Cover

CesiumAstro will provide software-defined radio technology for Axiom Space's AxEMU lunar spacesuit, enabling critical life support functions, data analysis, and communications capabilities. The system, designed to withstand extreme space conditions, will be integrated into the spacesuit's Portable Life Support System backpack.

In portfolio since Q4 2021
enterprise
r/capital
Agnetix partners with a Dutch genetics powerhouse Limgroup EQ

The company aims to combine advanced LED lighting and monitoring systems with F1 hybrid strawberry genetics to advance sustainable strawberry cultivation.

In portfolio since Q3 2019
aerospace
r/capital
Firefly Aerospace strengthens executive team with key defense and operations veterans

The space transportation company has appointed Marcy Steinke, a retired Air Force Colonel, as VP of Government Relations and Christine Mosier as VP of Production and Operations. Steinke brings 25 years of Department of Defense experience, while Mosier contributes two decades of aerospace manufacturing expertise.

In portfolio since Q3 2021
web3
r/capial
Kraken repeats as multi-award winner at the Customer Centricity World Series

The company has secured its fourth and fifth Customer Centricity World Series awards, winning in the Best Use of AI in CX Europe category for its Kai chatbot implementation and the Employee Experience Strategy Europe category. 

In portfolio since Q2 2021
consumer
r/portal
Sugarfina expands to Southeast Asia with Singapore pop-up store launch
Cover

The luxury candy brand has opened its first Singapore location at Wisma Atria mall, operating through March 2025. This strategic entry into Southeast Asia demonstrates Sugarfina's international expansion efforts.

In portfolio since Q4 2023
fintech
r/capital
FOMO group partners with Whyze Solutions to implement comprehensive HR management system

An all-in-one HR platform will offer services from leave applications to payroll management through a single portal. This partnership aims to streamline employee workflows and enhance organizational efficiency.

In portfolio since Q3 2022
health
r/portal
Cabinet Health founders recognized among top entrepreneurs by Entrepreneur magazine
Cover

Cabinet Health's co-founders Russell Gong and Achal Patel have been named to Entrepreneur Magazine's list of 20 Entrepreneurs Shaping Entrepreneurship Today for 2024.

In portfolio since Q3 2022
web3
r/capital
Utila advances platform with key feature launches and partnerships

The blockchain infrastructure company has expanded its capabilities through multiple developments: introducing customizable transaction signing permissions, partnering with Payecards to enhance digital banking operations, and integrating TON staking with Twinstake.

In portfolio since Q2 2022
consumer
r/portal
Dryvebox partners with Puttr to enhance golf training experience
Cover

Dryvebox has integrated Puttr's AI-powered putting mat into its facilities, expanding its offering to include both full-swing practice and interactive putting training.

In portfolio since Q1 2022
fintech
r/portal
AltoIRA partners with WebStreet to expand IRA investment options

Alto enables investors to access additional investment opportunities through their retirement accounts. This partnership expands company's investment offerings.

In portfolio since Q4 2020
consumer
r/portal
Rentberry partners with major European real estate platforms to expand regional presence

The company has secured collaborations with leading platforms including ImmoScout24, OnTheMarket, Properstar, Spotahome, and Homelike.

In portfolio since Q4 2023
enterprise
r/portal
Atsign wins Networking category at the Tech Trailblazers Awards
Cover

The company has been recognized for its innovative zero trust architecture and addressing system, which aims to revolutionize secure online information sharing.

In portfolio since Q2 2023
fintech
r/capital
Klarna expands Apple Pay integration to Canadian market

Following successful rollouts in the US and UK, this expansion enables Canadian Apple Pay users to access Klarna's flexible payment solutions. Klarna became the first buy-now-pay-later provider on the platform in the country.

In portfolio since Q1 2021
enterprise
r/portal
Sorbiforce launches preorders for its sustainable energy storage technology
Cover

The clean energy company has opened preorders for its energy storage solutions, with first deployments planned in Arizona for 2025. Additionally, Sorbiforce has partnered with Supply Lock AI to optimize supply chain operations and enhance procurement flexibility.

In portfolio since Q2 2023
web3
r/capital
Merkle Science partners with Semoto to enhance crypto security and compliance

The companies aim to combine transaction monitoring capabilities with identity verification solutions. This partnership aims to provide comprehensive security and compliance tools for both Web3 and traditional finance companies.

In portfolio since Q2 2022
web3
r/capital
Rarible launches Berable marketplace for Berachain ecosystem
Cover

Rarible's RaribleX has announced Berable, a new NFT marketplace launching December 18th with initial support for Ethereum and Arbitrum collections, and planned integration with Berachain's mainnet. The platform will feature a points reward system for user activities.

In portfolio since Q2 2021
web3
r/capital
Autonomys (Subspace) partners with FoxWallet to expand AI3.0 ecosystem access

The luxury candy brand has opened its first Singapore location at Wisma Atria mall, operating through March 2025. This strategic entry into Southeast Asia demonstrates Sugarfina's international expansion efforts.

In portfolio since Q2 2021
fintech
r/portal
Autopilot (Iris) launches investment portfolios curated by finance influencer Litquidity

The investment platform has partnered with Litquidity, a major finance media brand with 2.5 million followers across multiple platforms, that will be piloting new investment portfolios on Autopilot's platform.

In portfolio since Q1 2022


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More updates

1 day ago

Portco highlight: Figure AI

Figure AI is one of the first companies to deploy humanoid robots in a real-world factory setting. Backed by Microsoft, OpenAI, and Jeff Bezos, it’s now scaling production through a 100,000 sq ft facility in California.
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New
3 days ago

Portfolio news: Firefly Aerospace, Koning, Carta + 17 more

From new product launches to market expansions, here's the latest roundup of news from portcos.
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