R+ Capital is a private community, where members can explore investment opportunities managed by external regulated investment firms. We do not provide investment advice, arrange transactions, or engage in any regulated activity under Polish, EU, US or UK law. All information shared by R+ Capital is for general informational purposes only and does not constitute financial advice, a recommendation, or an offer to buy or sell any financial instruments. Investing in private companies involves high risk, including possible loss of all invested capital, and is suitable only for experienced investors able to make independent investment decisions. Membership is by invitation only and limited to individuals who qualify as professional or eligible investors
R+ Capital is a private community, where members can explore investment opportunities managed by external regulated investment firms. We do not provide investment advice, arrange transactions, or engage in any regulated activity under Polish, EU, US or UK law. All information shared by R+ Capital is for general informational purposes only and does not constitute financial advice, a recommendation, or an offer to buy or sell any financial instruments. Investing in private companies involves high risk, including possible loss of all invested capital, and is suitable only for experienced investors able to make independent investment decisions. Membership is by invitation only and limited to individuals who qualify as professional or eligible investors
© Copyright All Rights Reserved
We invest in companies that push past the status quo to reshape the industries of tomorrow.
R+ Capital
© Copyright All Rights Reserved
We invest in companies that push past the status quo to reshape the industries of tomorrow.
R+ Capital
© Copyright All Rights Reserved
We invest in companies that push past the status quo to reshape the industries of tomorrow.
R+ Capital
© Copyright All Rights Reserved
We invest in companies that push past the status quo to reshape the industries of tomorrow.
R+ Capital
© Copyright All Rights Reserved
We invest in companies that push past the status quo to reshape the industries of tomorrow.
R+ Capital
© Copyright All Rights Reserved
We invest in companies that push past the status quo to reshape the industries of tomorrow.
R+ Capital
© Copyright All Rights Reserved
We invest in companies that push past the status quo to reshape the industries of tomorrow.
R+ Capital
© Copyright All Rights Reserved
We invest in companies that push past the status quo to reshape the industries of tomorrow.
R+ Capital
Past Investments
Past Investments
Past Investments
What you can expect
What you can expect
What you can expect
An exceptional community of leaders & investors
An exceptional community of investors
An exceptional community of investors
Join a network of experienced investors, founders, and industry leaders. Collaborate, share insights, and access curated content that foster meaningful connections and deal flow
An exceptional community of investors
An exceptional community of investors
Join a network of experienced investors, founders, and industry leaders. Collaborate, share insights, and access curated content that foster meaningful connections and deal flow
An exceptional community of investors
An exceptional community of investors
Join a network of experienced investors, founders, and industry leaders. Collaborate, share insights, and access curated content that foster meaningful connections and deal flow
An exceptional community of investors
Join a network of experienced investors, founders, and industry leaders. Collaborate, share insights, and access curated content that foster meaningful connections and deal flow
Join a network of experienced investors, founders, and industry leaders. Collaborate, share insights, and access curated content that foster meaningful connections and deal flow
Join a network of experienced investors, founders, and industry leaders. Collaborate, share insights, and access curated content that foster meaningful connections and deal flow
Join a network of experienced investors, founders, and industry leaders. Collaborate, share insights, and access curated content that foster meaningful connections and deal flow
Join a network of experienced investors, founders, and industry leaders. Collaborate, share insights, and access curated content that foster meaningful connections and deal flow
No complex fund structures or long-term management fees. By co-investing alongside R+ you know exactly where your capital goes and what you're paying for.
No complex fund structures or long-term management fees. By co-investing alongside R+ you know exactly where your capital goes and what you're paying for.
Transparent fee structure
Transparent fee structure
Transparent fee structure
No complex fund structures or long-term management fees. By co-investing alongside R+ you know exactly where your capital goes and what you're paying for.
Transparent fee structure
No complex fund structures or long-term management fees. By co-investing alongside R+ you know exactly where your capital goes and what you're paying for.
Transparent fee structure
No complex fund structures or long-term management fees. By co-investing alongside R+ you know exactly where your capital goes and what you're paying for.
Transparent fee structure
No complex fund structures or long-term management fees. By co-investing alongside R+ you know exactly where your capital goes and what you're paying for.
Unlike traditional VC funds where you invest in a strategy but not specific companies, we give you the freedom to choose each opportunity. Back the companies you believe in - with conviction and control
Unlike traditional VC funds where you invest in a strategy but not specific companies, we give you the freedom to choose each opportunity. Back the companies you believe in - with conviction and control
You decide what you invest in
You decide what you invest in
You decide what you invest in
Unlike traditional VC funds where you invest in a strategy but not specific companies, we give you the freedom to choose each opportunity. Back the companies you believe in - with conviction and control
You decide what you invest in
Unlike traditional VC funds where you invest in a strategy but not specific companies, we give you the freedom to choose each opportunity. Back the companies you believe in - with conviction and control
You decide what you invest in
Unlike traditional VC funds where you invest in a strategy but not specific companies, we give you the freedom to choose each opportunity. Back the companies you believe in - with conviction and control
You decide what you invest in
Unlike traditional VC funds where you invest in a strategy but not specific companies, we give you the freedom to choose each opportunity. Back the companies you believe in - with conviction and control
We include growth-stage and secondary opportunities with shorter paths to exit and deeper secondary markets, offering greater flexibility and liquidity than pure early-stage investing
We include growth-stage and secondary opportunities with shorter paths to exit and deeper secondary markets, offering greater flexibility and liquidity than pure early-stage investing
More liquidity and optionality
More liquidity and optionality
More liquidity and optionality
We include growth-stage and secondary opportunities with shorter paths to exit and deeper secondary markets, offering greater flexibility and liquidity than pure early-stage investing
More liquidity and optionality
We include growth-stage and secondary opportunities with shorter paths to exit and deeper secondary markets, offering greater flexibility and liquidity than pure early-stage investing
More liquidity and optionality
We include growth-stage and secondary opportunities with shorter paths to exit and deeper secondary markets, offering greater flexibility and liquidity than pure early-stage investing
More liquidity and optionality
We include growth-stage and secondary opportunities with shorter paths to exit and deeper secondary markets, offering greater flexibility and liquidity than pure early-stage investing
Growth Stage
Doubling down on the winners
Growth Stage
Doubling down on the winners
For companies that have demonstrated traction and are now expanding growth — entering new markets, extending product lines, or deepening engagement. We partner with the teams who’ve found what works and are unlocking what’s next.
Growth Stage
Doubling down on the winners
For companies that have demonstrated traction and are now expanding growth — entering new markets, extending product lines, or deepening engagement. We partner with the teams who’ve found what works and are unlocking what’s next.
Growth Stage
Doubling down on the winners
For companies that have demonstrated traction and are now expanding growth — entering new markets, extending product lines, or deepening engagement. We partner with the teams who’ve found what works and are unlocking what’s next.
Growth Stage
Doubling down on the winners
For companies that have demonstrated traction and are now expanding growth — entering new markets, extending product lines, or deepening engagement. We partner with the teams who’ve found what works and are unlocking what’s next.
Growth Stage
Doubling down on the winners
For companies that have demonstrated traction and are now expanding growth — entering new markets, extending product lines, or deepening engagement. We partner with the teams who’ve found what works and are unlocking what’s next.
Growth Stage
Doubling down on the winners
For companies that have demonstrated traction and are now expanding growth — entering new markets, extending product lines, or deepening engagement. We partner with the teams who’ve found what works and are unlocking what’s next.
For companies that have demonstrated traction and are now expanding growth — entering new markets, extending product lines, or deepening engagement. We partner with the teams who’ve found what works and are unlocking what’s next.
Skydio
We backed Hypersonix Launch Systems early because the emergence of reusable hypersonic flight marks a pivotal moment for both space access and defense capabilities. Hypersonix's hydrogen-powered scramjet technology offers a cleaner, faster, and far more adaptable platform than traditional launch or test systems - enabling rapid satellite deployment as well as critical defense use cases. By investing at this stage, we're helping accelerate key government and industry partnerships, and establish a foothold in markets that are only now opening up to new players. For us, Hypersonix represents a unique intersection of technological ambition, strategic demand, and early-stage potential that can compound into exceptional long-term value.
Wingtra
We invested in Wingtra because it has become a global reference in professional aerial mapping—delivering a fully autonomous, end-to-end workflow that replaces slow, manual surveying with fast, precise, and repeatable data collection. The company’s new WingtraRAY platform has seen immediate, full-capacity demand, reinforcing its product leadership and the strength of its global distribution network. With hundreds of industry-leading customers scaling fleets across construction, mining, infrastructure, and environmental monitoring, Wingtra’s technology is now firmly embedded in daily operations worldwide. Investing at this stage enables us to support a company defining the future of high-precision aerial surveying while showing how autonomy can meaningfully enhance safety, efficiency, and decision-making.
Wingtra
We invested in Wingtra because it has become a global reference in professional aerial mapping—delivering a fully autonomous, end-to-end workflow that replaces slow, manual surveying with fast, precise, and repeatable data collection. The company’s new WingtraRAY platform has seen immediate, full-capacity demand, reinforcing its product leadership and the strength of its global distribution network. With hundreds of industry-leading customers scaling fleets across construction, mining, infrastructure, and environmental monitoring, Wingtra’s technology is now firmly embedded in daily operations worldwide. Investing at this stage enables us to support a company defining the future of high-precision aerial surveying while showing how autonomy can meaningfully enhance safety, efficiency, and decision-making.
Wingtra
We invested in Wingtra because it has become a global reference in professional aerial mapping—delivering a fully autonomous, end-to-end workflow that replaces slow, manual surveying with fast, precise, and repeatable data collection. The company’s new WingtraRAY platform has seen immediate, full-capacity demand, reinforcing its product leadership and the strength of its global distribution network. With hundreds of industry-leading customers scaling fleets across construction, mining, infrastructure, and environmental monitoring, Wingtra’s technology is now firmly embedded in daily operations worldwide. Investing at this stage enables us to support a company defining the future of high-precision aerial surveying while showing how autonomy can meaningfully enhance safety, efficiency, and decision-making.
Wingtra
We invested in Wingtra because it has become a global reference in professional aerial mapping—delivering a fully autonomous, end-to-end workflow that replaces slow, manual surveying with fast, precise, and repeatable data collection. The company’s new WingtraRAY platform has seen immediate, full-capacity demand, reinforcing its product leadership and the strength of its global distribution network. With hundreds of industry-leading customers scaling fleets across construction, mining, infrastructure, and environmental monitoring, Wingtra’s technology is now firmly embedded in daily operations worldwide. Investing at this stage enables us to support a company defining the future of high-precision aerial surveying while showing how autonomy can meaningfully enhance safety, efficiency, and decision-making.
Wingtra
We invested in Wingtra because it has become a global reference in professional aerial mapping—delivering a fully autonomous, end-to-end workflow that replaces slow, manual surveying with fast, precise, and repeatable data collection. The company’s new WingtraRAY platform has seen immediate, full-capacity demand, reinforcing its product leadership and the strength of its global distribution network. With hundreds of industry-leading customers scaling fleets across construction, mining, infrastructure, and environmental monitoring, Wingtra’s technology is now firmly embedded in daily operations worldwide. Investing at this stage enables us to support a company defining the future of high-precision aerial surveying while showing how autonomy can meaningfully enhance safety, efficiency, and decision-making.
Wingtra
We invested in Wingtra because it has become a global reference in professional aerial mapping—delivering a fully autonomous, end-to-end workflow that replaces slow, manual surveying with fast, precise, and repeatable data collection. The company’s new WingtraRAY platform has seen immediate, full-capacity demand, reinforcing its product leadership and the strength of its global distribution network. With hundreds of industry-leading customers scaling fleets across construction, mining, infrastructure, and environmental monitoring, Wingtra’s technology is now firmly embedded in daily operations worldwide. Investing at this stage enables us to support a company defining the future of high-precision aerial surveying while showing how autonomy can meaningfully enhance safety, efficiency, and decision-making.
Wingtra
We invested in Wingtra because it has become a global reference in professional aerial mapping—delivering a fully autonomous, end-to-end workflow that replaces slow, manual surveying with fast, precise, and repeatable data collection. The company’s new WingtraRAY platform has seen immediate, full-capacity demand, reinforcing its product leadership and the strength of its global distribution network. With hundreds of industry-leading customers scaling fleets across construction, mining, infrastructure, and environmental monitoring, Wingtra’s technology is now firmly embedded in daily operations worldwide. Investing at this stage enables us to support a company defining the future of high-precision aerial surveying while showing how autonomy can meaningfully enhance safety, efficiency, and decision-making.
Privateer
We invested in Privateer because the company sits at the nexus of one of the defining opportunities of the next decade: transforming the overwhelming flood of global data into real, decision-grade intelligence. Privateer’s all-domain platform - which fuses information from sea, land, air, cyber, and space into actionable insights delivered in hours, not weeks - addresses a problem that both commercial enterprises and governments are struggling with today. Backing the company at this stage allows us to support the build-out of a category-defining platform just as demand for real-time Earth intelligence accelerates - an opportunity where technological inflection, market urgency, and early-stage entry combine to create extraordinary long-term potential.
Privateer
We invested in Privateer because the company sits at the nexus of one of the defining opportunities of the next decade: transforming the overwhelming flood of global data into real, decision-grade intelligence. Privateer’s all-domain platform - which fuses information from sea, land, air, cyber, and space into actionable insights delivered in hours, not weeks - addresses a problem that both commercial enterprises and governments are struggling with today. Backing the company at this stage allows us to support the build-out of a category-defining platform just as demand for real-time Earth intelligence accelerates - an opportunity where technological inflection, market urgency, and early-stage entry combine to create extraordinary long-term potential.
Privateer
We invested in Privateer because the company sits at the nexus of one of the defining opportunities of the next decade: transforming the overwhelming flood of global data into real, decision-grade intelligence. Privateer’s all-domain platform - which fuses information from sea, land, air, cyber, and space into actionable insights delivered in hours, not weeks - addresses a problem that both commercial enterprises and governments are struggling with today. Backing the company at this stage allows us to support the build-out of a category-defining platform just as demand for real-time Earth intelligence accelerates - an opportunity where technological inflection, market urgency, and early-stage entry combine to create extraordinary long-term potential.
Privateer
We invested in Privateer because the company sits at the nexus of one of the defining opportunities of the next decade: transforming the overwhelming flood of global data into real, decision-grade intelligence. Privateer’s all-domain platform - which fuses information from sea, land, air, cyber, and space into actionable insights delivered in hours, not weeks - addresses a problem that both commercial enterprises and governments are struggling with today. Backing the company at this stage allows us to support the build-out of a category-defining platform just as demand for real-time Earth intelligence accelerates - an opportunity where technological inflection, market urgency, and early-stage entry combine to create extraordinary long-term potential.
Privateer
We invested in Privateer because the company sits at the nexus of one of the defining opportunities of the next decade: transforming the overwhelming flood of global data into real, decision-grade intelligence. Privateer’s all-domain platform - which fuses information from sea, land, air, cyber, and space into actionable insights delivered in hours, not weeks - addresses a problem that both commercial enterprises and governments are struggling with today. Backing the company at this stage allows us to support the build-out of a category-defining platform just as demand for real-time Earth intelligence accelerates - an opportunity where technological inflection, market urgency, and early-stage entry combine to create extraordinary long-term potential.
Privateer
We invested in Privateer because the company sits at the nexus of one of the defining opportunities of the next decade: transforming the overwhelming flood of global data into real, decision-grade intelligence. Privateer’s all-domain platform - which fuses information from sea, land, air, cyber, and space into actionable insights delivered in hours, not weeks - addresses a problem that both commercial enterprises and governments are struggling with today. Backing the company at this stage allows us to support the build-out of a category-defining platform just as demand for real-time Earth intelligence accelerates - an opportunity where technological inflection, market urgency, and early-stage entry combine to create extraordinary long-term potential.
Privateer
We invested in Privateer because the company sits at the nexus of one of the defining opportunities of the next decade: transforming the overwhelming flood of global data into real, decision-grade intelligence. Privateer’s all-domain platform - which fuses information from sea, land, air, cyber, and space into actionable insights delivered in hours, not weeks - addresses a problem that both commercial enterprises and governments are struggling with today. Backing the company at this stage allows us to support the build-out of a category-defining platform just as demand for real-time Earth intelligence accelerates - an opportunity where technological inflection, market urgency, and early-stage entry combine to create extraordinary long-term potential.
Hypersonix Launch Systems
We backed Hypersonix Launch Systems early because the emergence of reusable hypersonic flight marks a pivotal moment for both space access and defense capabilities. Hypersonix’s hydrogen-powered scramjet technology offers a cleaner, faster, and far more adaptable platform than traditional launch or test systems - enabling rapid satellite deployment as well as critical defense use cases. By investing at this stage, we’re helping accelerate key government and industry partnerships, and establish a foothold in markets that are only now opening up to new players. For us, Hypersonix represents a unique intersection of technological ambition, strategic demand, and early-stage potential that can compound into exceptional long-term value.
Hypersonix Launch Systems
We backed Hypersonix Launch Systems early because the emergence of reusable hypersonic flight marks a pivotal moment for both space access and defense capabilities. Hypersonix’s hydrogen-powered scramjet technology offers a cleaner, faster, and far more adaptable platform than traditional launch or test systems - enabling rapid satellite deployment as well as critical defense use cases. By investing at this stage, we’re helping accelerate key government and industry partnerships, and establish a foothold in markets that are only now opening up to new players. For us, Hypersonix represents a unique intersection of technological ambition, strategic demand, and early-stage potential that can compound into exceptional long-term value.
Hypersonix Launch Systems
We backed Hypersonix Launch Systems early because the emergence of reusable hypersonic flight marks a pivotal moment for both space access and defense capabilities. Hypersonix’s hydrogen-powered scramjet technology offers a cleaner, faster, and far more adaptable platform than traditional launch or test systems - enabling rapid satellite deployment as well as critical defense use cases. By investing at this stage, we’re helping accelerate key government and industry partnerships, and establish a foothold in markets that are only now opening up to new players. For us, Hypersonix represents a unique intersection of technological ambition, strategic demand, and early-stage potential that can compound into exceptional long-term value.
Hypersonix Launch Systems
We backed Hypersonix Launch Systems early because the emergence of reusable hypersonic flight marks a pivotal moment for both space access and defense capabilities. Hypersonix’s hydrogen-powered scramjet technology offers a cleaner, faster, and far more adaptable platform than traditional launch or test systems - enabling rapid satellite deployment as well as critical defense use cases. By investing at this stage, we’re helping accelerate key government and industry partnerships, and establish a foothold in markets that are only now opening up to new players. For us, Hypersonix represents a unique intersection of technological ambition, strategic demand, and early-stage potential that can compound into exceptional long-term value.
Early Stage
Diversified portfolio of top tier startups with largest potential returns
Early Stage
Diversified portfolio of top tier startups with largest potential returns
We back companies at the point where vision meets execution - from proof of concept through early product-market fit. Our focus: founders ready to turn bold ideas into real traction, with the right ambition to scale.
Early Stage
Diversified portfolio of top tier startups with largest potential returns
We back companies at the point where vision meets execution - from proof of concept through early product-market fit. Our focus: founders ready to turn bold ideas into real traction, with the right ambition to scale.
Early Stage
Diversified portfolio of top tier startups with largest potential returns
We back companies at the point where vision meets execution - from proof of concept through early product-market fit. Our focus: founders ready to turn bold ideas into real traction, with the right ambition to scale.
Early Stage
Diversified portfolio of top tier startups with largest potential returns
We back companies at the point where vision meets execution - from proof of concept through early product-market fit. Our focus: founders ready to turn bold ideas into real traction, with the right ambition to scale.
Early Stage
Diversified portfolio of top tier startups with largest potential returns
We back companies at the point where vision meets execution - from proof of concept through early product-market fit. Our focus: founders ready to turn bold ideas into real traction, with the right ambition to scale.
Early Stage
Diversified portfolio of top tier startups with largest potential returns
We back companies at the point where vision meets execution - from proof of concept through early product-market fit. Our focus: founders ready to turn bold ideas into real traction, with the right ambition to scale.
We back companies at the point where vision meets execution - from proof of concept through early product-market fit. Our focus: founders ready to turn bold ideas into real traction, with the right ambition to scale.
Hypersonix Launch Systems
We backed Hypersonix Launch Systems early because the emergence of reusable hypersonic flight marks a pivotal moment for both space access and defense capabilities. Hypersonix’s hydrogen-powered scramjet technology offers a cleaner, faster, and far more adaptable platform than traditional launch or test systems - enabling rapid satellite deployment as well as critical defense use cases. By investing at this stage, we’re helping accelerate key government and industry partnerships, and establish a foothold in markets that are only now opening up to new players. For us, Hypersonix represents a unique intersection of technological ambition, strategic demand, and early-stage potential that can compound into exceptional long-term value.
Hypersonix Launch Systems
We backed Hypersonix Launch Systems early because the emergence of reusable hypersonic flight marks a pivotal moment for both space access and defense capabilities. Hypersonix’s hydrogen-powered scramjet technology offers a cleaner, faster, and far more adaptable platform than traditional launch or test systems - enabling rapid satellite deployment as well as critical defense use cases. By investing at this stage, we’re helping accelerate key government and industry partnerships, and establish a foothold in markets that are only now opening up to new players. For us, Hypersonix represents a unique intersection of technological ambition, strategic demand, and early-stage potential that can compound into exceptional long-term value.
Hypersonix Launch Systems
We backed Hypersonix Launch Systems early because the emergence of reusable hypersonic flight marks a pivotal moment for both space access and defense capabilities. Hypersonix’s hydrogen-powered scramjet technology offers a cleaner, faster, and far more adaptable platform than traditional launch or test systems - enabling rapid satellite deployment as well as critical defense use cases. By investing at this stage, we’re helping accelerate key government and industry partnerships, and establish a foothold in markets that are only now opening up to new players. For us, Hypersonix represents a unique intersection of technological ambition, strategic demand, and early-stage potential that can compound into exceptional long-term value.
Hypersonix Launch Systems
We backed Hypersonix Launch Systems early because the emergence of reusable hypersonic flight marks a pivotal moment for both space access and defense capabilities. Hypersonix’s hydrogen-powered scramjet technology offers a cleaner, faster, and far more adaptable platform than traditional launch or test systems - enabling rapid satellite deployment as well as critical defense use cases. By investing at this stage, we’re helping accelerate key government and industry partnerships, and establish a foothold in markets that are only now opening up to new players. For us, Hypersonix represents a unique intersection of technological ambition, strategic demand, and early-stage potential that can compound into exceptional long-term value.
Union Technologies
We invested in Union Technologies at the early stage because this is when new defense industrial leaders are built - before capacity is set and supply chains solidify. The West’s munitions shortfall has created a rare opportunity to reimagine energetics production, and Union’s “Factories-as-a-Stockpile” model offers a modern, automated, and scalable approach that legacy primes cannot match. Backing the company early enables us to help shape its architecture, support key partnerships, and position Union as a future cornerstone of sovereign defense manufacturing - a rare opportunity where mission need, market timing, and early-stage leverage align to create outsized long-term value.
Union Technologies
We invested in Union Technologies at the early stage because this is when new defense industrial leaders are built - before capacity is set and supply chains solidify. The West’s munitions shortfall has created a rare opportunity to reimagine energetics production, and Union’s “Factories-as-a-Stockpile” model offers a modern, automated, and scalable approach that legacy primes cannot match. Backing the company early enables us to help shape its architecture, support key partnerships, and position Union as a future cornerstone of sovereign defense manufacturing - a rare opportunity where mission need, market timing, and early-stage leverage align to create outsized long-term value.
Union Technologies
We invested in Union Technologies at the early stage because this is when new defense industrial leaders are built - before capacity is set and supply chains solidify. The West’s munitions shortfall has created a rare opportunity to reimagine energetics production, and Union’s “Factories-as-a-Stockpile” model offers a modern, automated, and scalable approach that legacy primes cannot match. Backing the company early enables us to help shape its architecture, support key partnerships, and position Union as a future cornerstone of sovereign defense manufacturing - a rare opportunity where mission need, market timing, and early-stage leverage align to create outsized long-term value.
Union Technologies
We invested in Union Technologies at the early stage because this is when new defense industrial leaders are built - before capacity is set and supply chains solidify. The West’s munitions shortfall has created a rare opportunity to reimagine energetics production, and Union’s “Factories-as-a-Stockpile” model offers a modern, automated, and scalable approach that legacy primes cannot match. Backing the company early enables us to help shape its architecture, support key partnerships, and position Union as a future cornerstone of sovereign defense manufacturing - a rare opportunity where mission need, market timing, and early-stage leverage align to create outsized long-term value.
Union Technologies
We invested in Union Technologies at the early stage because this is when new defense industrial leaders are built - before capacity is set and supply chains solidify. The West’s munitions shortfall has created a rare opportunity to reimagine energetics production, and Union’s “Factories-as-a-Stockpile” model offers a modern, automated, and scalable approach that legacy primes cannot match. Backing the company early enables us to help shape its architecture, support key partnerships, and position Union as a future cornerstone of sovereign defense manufacturing - a rare opportunity where mission need, market timing, and early-stage leverage align to create outsized long-term value.
Union Technologies
We invested in Union Technologies at the early stage because this is when new defense industrial leaders are built - before capacity is set and supply chains solidify. The West’s munitions shortfall has created a rare opportunity to reimagine energetics production, and Union’s “Factories-as-a-Stockpile” model offers a modern, automated, and scalable approach that legacy primes cannot match. Backing the company early enables us to help shape its architecture, support key partnerships, and position Union as a future cornerstone of sovereign defense manufacturing - a rare opportunity where mission need, market timing, and early-stage leverage align to create outsized long-term value.
Union Technologies
We invested in Union Technologies at the early stage because this is when new defense industrial leaders are built - before capacity is set and supply chains solidify. The West’s munitions shortfall has created a rare opportunity to reimagine energetics production, and Union’s “Factories-as-a-Stockpile” model offers a modern, automated, and scalable approach that legacy primes cannot match. Backing the company early enables us to help shape its architecture, support key partnerships, and position Union as a future cornerstone of sovereign defense manufacturing - a rare opportunity where mission need, market timing, and early-stage leverage align to create outsized long-term value.
Later Stage
Accessing pre-IPO champions
Later Stage
Accessing pre-IPO champions
Investment in category-defining leaders and pre-IPO opportunities. These are the companies that have already broken through, with scale, leadership and exit pathways in sight. We help position and participate in that final stretch of private-market potential.
Later Stage
Accessing pre-IPO champions
Investment in category-defining leaders and pre-IPO opportunities. These are the companies that have already broken through, with scale, leadership and exit pathways in sight. We help position and participate in that final stretch of private-market potential.
Later Stage
Accessing pre-IPO champions
Investment in category-defining leaders and pre-IPO opportunities. These are the companies that have already broken through, with scale, leadership and exit pathways in sight. We help position and participate in that final stretch of private-market potential.
Later Stage
Accessing pre-IPO champions
Investment in category-defining leaders and pre-IPO opportunities. These are the companies that have already broken through, with scale, leadership and exit pathways in sight. We help position and participate in that final stretch of private-market potential.
Later Stage
Accessing pre-IPO champions
Investment in category-defining leaders and pre-IPO opportunities. These are the companies that have already broken through, with scale, leadership and exit pathways in sight. We help position and participate in that final stretch of private-market potential.
Later Stage
Accessing pre-IPO champions
Investment in category-defining leaders and pre-IPO opportunities. These are the companies that have already broken through, with scale, leadership and exit pathways in sight. We help position and participate in that final stretch of private-market potential.
Investment in category-defining leaders and pre-IPO opportunities. These are the companies that have already broken through, with scale, leadership and exit pathways in sight. We help position and participate in that final stretch of private-market potential.
SpaceX
We invested in SpaceX because it has become one of the most consequential industrial and technological companies of our time. SpaceX didn’t just lower the cost of launch - it redefined what is technically and economically possible in space infrastructure, from reusable rockets to the world’s largest satellite constellation. The company’s capabilities now underpin everything from global communications to national security missions, and its pace of innovation continues to outstrip both legacy primes and new entrants. As SpaceX expands into human spaceflight, deep-space missions, and high-throughput connectivity, it is building foundational infrastructure for the next era of exploration, logistics, and defense. Investing at this later stage gives us exposure to a company with proven execution at massive scale, diversified revenue engines, and a multi-decade roadmap that continues to compound.
SpaceX
We invested in SpaceX because it has become one of the most consequential industrial and technological companies of our time. SpaceX didn’t just lower the cost of launch - it redefined what is technically and economically possible in space infrastructure, from reusable rockets to the world’s largest satellite constellation. The company’s capabilities now underpin everything from global communications to national security missions, and its pace of innovation continues to outstrip both legacy primes and new entrants. As SpaceX expands into human spaceflight, deep-space missions, and high-throughput connectivity, it is building foundational infrastructure for the next era of exploration, logistics, and defense. Investing at this later stage gives us exposure to a company with proven execution at massive scale, diversified revenue engines, and a multi-decade roadmap that continues to compound.
SpaceX
We invested in SpaceX because it has become one of the most consequential industrial and technological companies of our time. SpaceX didn’t just lower the cost of launch - it redefined what is technically and economically possible in space infrastructure, from reusable rockets to the world’s largest satellite constellation. The company’s capabilities now underpin everything from global communications to national security missions, and its pace of innovation continues to outstrip both legacy primes and new entrants. As SpaceX expands into human spaceflight, deep-space missions, and high-throughput connectivity, it is building foundational infrastructure for the next era of exploration, logistics, and defense. Investing at this later stage gives us exposure to a company with proven execution at massive scale, diversified revenue engines, and a multi-decade roadmap that continues to compound.
SpaceX
We invested in SpaceX because it has become one of the most consequential industrial and technological companies of our time. SpaceX didn’t just lower the cost of launch - it redefined what is technically and economically possible in space infrastructure, from reusable rockets to the world’s largest satellite constellation. The company’s capabilities now underpin everything from global communications to national security missions, and its pace of innovation continues to outstrip both legacy primes and new entrants. As SpaceX expands into human spaceflight, deep-space missions, and high-throughput connectivity, it is building foundational infrastructure for the next era of exploration, logistics, and defense. Investing at this later stage gives us exposure to a company with proven execution at massive scale, diversified revenue engines, and a multi-decade roadmap that continues to compound.
SpaceX
We invested in SpaceX because it has become one of the most consequential industrial and technological companies of our time. SpaceX didn’t just lower the cost of launch - it redefined what is technically and economically possible in space infrastructure, from reusable rockets to the world’s largest satellite constellation. The company’s capabilities now underpin everything from global communications to national security missions, and its pace of innovation continues to outstrip both legacy primes and new entrants. As SpaceX expands into human spaceflight, deep-space missions, and high-throughput connectivity, it is building foundational infrastructure for the next era of exploration, logistics, and defense. Investing at this later stage gives us exposure to a company with proven execution at massive scale, diversified revenue engines, and a multi-decade roadmap that continues to compound.
SpaceX
We invested in SpaceX because it has become one of the most consequential industrial and technological companies of our time. SpaceX didn’t just lower the cost of launch - it redefined what is technically and economically possible in space infrastructure, from reusable rockets to the world’s largest satellite constellation. The company’s capabilities now underpin everything from global communications to national security missions, and its pace of innovation continues to outstrip both legacy primes and new entrants. As SpaceX expands into human spaceflight, deep-space missions, and high-throughput connectivity, it is building foundational infrastructure for the next era of exploration, logistics, and defense. Investing at this later stage gives us exposure to a company with proven execution at massive scale, diversified revenue engines, and a multi-decade roadmap that continues to compound.
SpaceX
We invested in SpaceX because it has become one of the most consequential industrial and technological companies of our time. SpaceX didn’t just lower the cost of launch - it redefined what is technically and economically possible in space infrastructure, from reusable rockets to the world’s largest satellite constellation. The company’s capabilities now underpin everything from global communications to national security missions, and its pace of innovation continues to outstrip both legacy primes and new entrants. As SpaceX expands into human spaceflight, deep-space missions, and high-throughput connectivity, it is building foundational infrastructure for the next era of exploration, logistics, and defense. Investing at this later stage gives us exposure to a company with proven execution at massive scale, diversified revenue engines, and a multi-decade roadmap that continues to compound.
Skydio
We invested in Skydio because it represents the new standard in autonomous aerial systems - a shift driven by AI, not airframes. Skydio has evolved from a pioneering consumer drone company into a core supplier of autonomous aerial intelligence for defense, public safety, and critical infrastructure. Its computer-vision stack, obstacle-avoidance capabilities, and U.S.-based manufacturing give it a strategic advantage at a time when autonomy, trust, and supply-chain security matter more than ever. With growing government adoption, an expanding enterprise footprint, and leadership in both hardware and AI-driven software, Skydio is well positioned to become the dominant Western drone platform. Investing at this stage allows us to participate in a company that has already achieved significant scale, but still has meaningful long-term upside as autonomy becomes central to defense modernization and industrial operations.
Skydio
We invested in Skydio because it represents the new standard in autonomous aerial systems - a shift driven by AI, not airframes. Skydio has evolved from a pioneering consumer drone company into a core supplier of autonomous aerial intelligence for defense, public safety, and critical infrastructure. Its computer-vision stack, obstacle-avoidance capabilities, and U.S.-based manufacturing give it a strategic advantage at a time when autonomy, trust, and supply-chain security matter more than ever. With growing government adoption, an expanding enterprise footprint, and leadership in both hardware and AI-driven software, Skydio is well positioned to become the dominant Western drone platform. Investing at this stage allows us to participate in a company that has already achieved significant scale, but still has meaningful long-term upside as autonomy becomes central to defense modernization and industrial operations.
Skydio
We invested in Skydio because it represents the new standard in autonomous aerial systems - a shift driven by AI, not airframes. Skydio has evolved from a pioneering consumer drone company into a core supplier of autonomous aerial intelligence for defense, public safety, and critical infrastructure. Its computer-vision stack, obstacle-avoidance capabilities, and U.S.-based manufacturing give it a strategic advantage at a time when autonomy, trust, and supply-chain security matter more than ever. With growing government adoption, an expanding enterprise footprint, and leadership in both hardware and AI-driven software, Skydio is well positioned to become the dominant Western drone platform. Investing at this stage allows us to participate in a company that has already achieved significant scale, but still has meaningful long-term upside as autonomy becomes central to defense modernization and industrial operations.
Skydio
We invested in Skydio because it represents the new standard in autonomous aerial systems - a shift driven by AI, not airframes. Skydio has evolved from a pioneering consumer drone company into a core supplier of autonomous aerial intelligence for defense, public safety, and critical infrastructure. Its computer-vision stack, obstacle-avoidance capabilities, and U.S.-based manufacturing give it a strategic advantage at a time when autonomy, trust, and supply-chain security matter more than ever. With growing government adoption, an expanding enterprise footprint, and leadership in both hardware and AI-driven software, Skydio is well positioned to become the dominant Western drone platform. Investing at this stage allows us to participate in a company that has already achieved significant scale, but still has meaningful long-term upside as autonomy becomes central to defense modernization and industrial operations.
Skydio
We invested in Skydio because it represents the new standard in autonomous aerial systems - a shift driven by AI, not airframes. Skydio has evolved from a pioneering consumer drone company into a core supplier of autonomous aerial intelligence for defense, public safety, and critical infrastructure. Its computer-vision stack, obstacle-avoidance capabilities, and U.S.-based manufacturing give it a strategic advantage at a time when autonomy, trust, and supply-chain security matter more than ever. With growing government adoption, an expanding enterprise footprint, and leadership in both hardware and AI-driven software, Skydio is well positioned to become the dominant Western drone platform. Investing at this stage allows us to participate in a company that has already achieved significant scale, but still has meaningful long-term upside as autonomy becomes central to defense modernization and industrial operations.
Skydio
We invested in Skydio because it represents the new standard in autonomous aerial systems - a shift driven by AI, not airframes. Skydio has evolved from a pioneering consumer drone company into a core supplier of autonomous aerial intelligence for defense, public safety, and critical infrastructure. Its computer-vision stack, obstacle-avoidance capabilities, and U.S.-based manufacturing give it a strategic advantage at a time when autonomy, trust, and supply-chain security matter more than ever. With growing government adoption, an expanding enterprise footprint, and leadership in both hardware and AI-driven software, Skydio is well positioned to become the dominant Western drone platform. Investing at this stage allows us to participate in a company that has already achieved significant scale, but still has meaningful long-term upside as autonomy becomes central to defense modernization and industrial operations.
Skydio
We invested in Skydio because it represents the new standard in autonomous aerial systems - a shift driven by AI, not airframes. Skydio has evolved from a pioneering consumer drone company into a core supplier of autonomous aerial intelligence for defense, public safety, and critical infrastructure. Its computer-vision stack, obstacle-avoidance capabilities, and U.S.-based manufacturing give it a strategic advantage at a time when autonomy, trust, and supply-chain security matter more than ever. With growing government adoption, an expanding enterprise footprint, and leadership in both hardware and AI-driven software, Skydio is well positioned to become the dominant Western drone platform. Investing at this stage allows us to participate in a company that has already achieved significant scale, but still has meaningful long-term upside as autonomy becomes central to defense modernization and industrial operations.