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December 5, 2024 · 3:50PM

Portfolio news: Avalanche, Customer.io, Gunzilla and 10 more

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Republic portfolio companies hit several milestones in the 2 weeks. Here's what's happening with the startups building in web3, fintech, and more.

web3
r/capital
Avalanche trading volume surges with Avalanche9000 debut
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Avalanche has deployed its Avalanche9000 upgrade, featuring reduced deployment costs by 99.9% and $40 million in retroactive rewards for developers. The upgrade coincided with AVAX's price reaching $42 and record-high trading volumes.

Avalanche9000 is the largest network upgrade that Avalanche has undergone since mainnet launch.

In portfolio since Q3 2021
enterprise
r/portal
Sacra projects that Customer.io is on track to hit $78M annual recurring revenue

According to Sacra's private market research, Customer.io has achieved a 35% year-over-year growth. The marketing automation company has quadrupled revenue while maintaining over 110% net dollar retention, demonstrating strong customer retention and capital-efficient growth.

In portfolio since Q3 2021
conusmer 
r/capital
Off The Grid joins Xbox Preview
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Gunzilla Games has broadened access to its battle royale game Off The Grid, launching on Xbox Series X/S in Game Preview after reaching its 50,000-player cap on Xbox Insiders.

In portfolio since Q3 2023
Consumer
r/portal
Smart Soda UK secures a contract The BMW Group manufacturer

Smart Soda will provide its JuLi beverage dispensers to employee facilities of a major luxury car manufacturer. This contract win demonstrates Smart Soda's appeal to Fortune 500 companies seeking healthier beverage options for employees.

In portfolio since Q4 2020
Consumer
r/europe
Transparent unveils the Brutalist Speaker
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The Brutalist Speaker is a new audio device crafted from 70% recycled aluminum that combines architectural design with advanced sound technology. The launch advances Transparent's mission to become the first circular tech brand.

In portfolio since Q2 2024
fintech
r/portal
Share Scoops has won Google's DevOps award for excellence in operational improvements

Previous winners of this award include companies like Uber and Ford. This recognition follows a technical transformation that rebuilt and enhanced the company's news and education app infrastructure.

In portfolio since Q2 2023
Consumer
r/portal
TÖST Beverages launches TÖST Maker
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TÖST Maker is an AI-powered microsite that generates customized toasts for various occasions. This marks TÖST's first comprehensive digital marketing campaign, including nationwide advertising and retail activations. This launch extends TÖST's brand beyond beverages into digital services.

In portfolio since Q4 2021
Aerospace
r/capital
SpaceX advances on multiple fronts with successful launches and regulatory approval

SpaceX has achieved multiple milestones, completing its fifth mission for national security, deploying new Starlink satellites, and receiving conditional approval for direct-to-smartphone service. 

In portfolio since Q2 2020
fintech
r/portal
Janover has signed a licensing agreement with a top 20 publicly traded commercial real estate services firm to deploy its AI tools
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This partnership represents Janover's shift toward subscription revenue through AI licensing and positions the Nasdaq-listed company to expand its presence in the commercial real estate technology sector, enhancing its service offerings to over 1,000 lenders and one million annual users.

In portfolio since Q4 2020
consumer
r/portal
Sugarfina launches its Holiday Collection

This collection features curated treats for Christmas, Hanukkah, and other seasonal occasions, and includes themed offerings for different taste preferences, from cocktail-inspired candies to chocolate specialties.

In portfolio since Q4 2023
fintech
r/capital
Carta enters Australian market
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This expansion aims to connect more startups and investors while building partnerships with local universities and accelerators, potentially strengthening Carta's global presence in the equity management sector.

In portfolio since Q4 2019
web3
r/capital
Humanode launches the Alpha version of BotBasher

The company has expanded its cryptobiometric anti-bot solution BotBasher to Telegram, partnering with major blockchain projects for a launch campaign. The tool, which has already verified 500,000 users on Discord

In portfolio since Q3 2021
consumer
r/portal
Village Juice & Kitchen announces its plans to open Raleigh in Q1 2025

The company will open a 2,400-square-foot restaurant in March 2025, marking its entry into the Triangle market. This expansion follows successful licensing deals at multiple college campuses, with plans to establish 6-8 locations in the Triangle region.

In portfolio since Q2 2021

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More updates

3 days ago

Portco highlight: Kencko Foods

With a 61% repeat rate and $25M raised, Kencko is making healthy eating more accessible through convenient, plant-rich blends that require no prep or refrigeration.
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9 days ago

Portco highlight: Koning

With over 150,000 scans and a growing U.S. footprint, Koning is advancing early cancer detection through its patented, non-compressive 3D breast imaging technology.
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