Portfolio news roundup: Irrigreen, Albedo, Different Dog and 22 more

Clarity-1 is the first commercial Very Low Earth Orbit (VLEO) satellite capable of capturing 10cm resolution imagery. Two weeks post-launch, the satellite has established communication, entered Protect Mode within 14 hours (versus the estimated 4 days), completed initial payload checkout, and executed an on-orbit software update. The company reports having 22 signed customers with U.S. imaging capacity already sold out. 

The company shared 2024 year-end result with revenue reaching $1.4 million for 2024, transitioning from a gross loss to a profit while reducing operating expenses. The new $3 million funding came from an existing institutional investor through the issuance of Series 2 Convertible Preferred Stock.

The company's software-controlled precision sprinkler heads can save approximately 950,000 gallons over a decade for a 10,000 square foot lawn. This funding will boost manufacturing capabilities, refine proprietary software, and expand marketing efforts.

The funding round was led by Franklin Templeton, with participation from Fidelity Management and Research, NEA, and Ribbit Capital. This investment follows a year of substantial growth, with Plaid reporting record revenue, a return to positive operating margins, and significant product expansion.

The combined entity aims to develop "next generation crypto-native payments products" with lower fees, positioning it to compete in the increasingly crowded digital asset payment processing market.

This follows Privateer's $56.5 million Series A fundraise, Orbital Insight acquisition, and a National Geospatial-Intelligence Agency contract. The investment adds FEG to Privateer's impressive roster of backers including Lux Capital, Sequoia, Google Ventures, Murata, and Mitsubishi UFJ Financial Group.

This mission continues the deployment of the NRO's new network strategy, which utilizes numerous small, cost-efficient satellites rather than fewer expensive craft.

This acquisition positions Pipe to address what it identifies as the two biggest challenges for small businesses: access to capital and spend management. By integrating Glean's technology with its existing card offering, Pipe aims to create a comprehensive financial platform for micro-merchants similar to what Ramp and Brex offer larger businesses.

The new offerings expand its corporate and bulk gifting business with new customization options and pre-curated offerings.

This partnership will allow Alto IRA to offer accredited investors access to late-stage pre-IPO companies through retirement accounts, expanding their offering.

The company plans to use the capital to relocate to a larger facility in Telford, expanding its production capacity for human-grade, hand-cooked dog meals.

Kraken will delegate a portion of its Solana (SOL) stake—currently over 4.5 million SOL (approximately $500 million)—to DeFi Development Corporation-operated validators. Through a partnership with BitGo, DeFi Development Corporation will work with their OTC desk, which has facilitated billions in trading volume to date, to source discounted locked SOL — a specific class of token inventory not available through traditional exchanges. BitGo will serve as DeFi Development Corporation's channel for acquiring these locked tokens, which will be held long term and staked to increase SOL per share for investors.

Smart Soda's JuLi AI-powered beverage stations will be installed across multiple corporate locations.

This collaboration aims to incorporate European industrial capabilities into Axiom's next-generation space station development, with OHB focusing on payload services and hardware integration.

This strategic collaboration aims to tackle healthcare cost inefficiencies for self-insured providers, and combines Health Cost IQ's data analytics platform with Cost Plus Drugs' transparent pharmaceutical pricing model.

The company has implemented Lunchbox Catering, Order Aggregation, Delivery Dispatch, and Marketing CRM across its corporate-owned locations, with plans to extend to franchise locations.

Tunmore brings 30 years of experience from Intel, where he served as Corporate Vice President and Director of Corporate Services, overseeing global real estate, construction strategy, and manufacturing operations. His expertise in building advanced fabrication facilities across multiple continents will be crucial as Nanotronics expands its AI-powered optical inspection systems and CubeFabs™ platform

Firefly Aerospace will develop composite nozzle extensions for liquid rocket engines. These nozzle extensions will support future responsive space missions through rapid design, manufacturing, and testing.

The facility features Koning's Vera breast imaging system, which uses Cone Beam CT technology to provide high-quality 3D images without the painful compression required by traditional mammography.

This high-profile sports marketing alliance enhances Public's brand visibility and positions it alongside a premium global brand.

The partnership will integrate eight Toyota vehicles into Hiyacar's platform, helping the council reduce costs and lower emissions.

The installation supports Tesco's net-zero goals while demonstrating Solivus' ability to provide renewable energy solutions for buildings where traditional solar installations aren't feasible. This partnership with the UK's largest supermarket chain is a major commercial validation for Solivus' technology.

This strategic expansion gives Shiprocket access to India's jewelry trade sector, which contributes over 7% of GDP with more than 300,000 players. The service is already operational across 5,000+ postal codes including major metros.

The new Mango Preserve contains 70% fruit and 40% less sugar than standard jams. The product will debut on Ocado on April 23rd before expanding to Holland & Barrett later this year.