Portfolio
Companies we backed early.
Representative investments across our first three funds. We are usually the first institutional money on the cap table — and we are still there several rounds later. Full list available on request.
- Companies backed
- 112
- Led or co-led
- 74%
- Follow-on rate
- 78%
- Countries
- 19
Portfolio companies
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Northvector
Inference infrastructure for latency-critical AI workloads.
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Halyard
Continuous deployment and rollback for regulated engineering teams.
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Meridian Labs
Grid-scale forecasting for renewable energy operators.
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Arcadia Health
Care coordination software for community clinics.
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Ledgerly
Treasury and reconciliation for cross-border marketplaces.
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Quarrystone
Data lineage and governance for enterprise warehouses.
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Tessellate
Developer platform for spatial and geometric computation.
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Orenda
Industrial heat electrification for mid-size manufacturers.
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Sablefield
Identity and access infrastructure for autonomous agents.
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Panevex
Autonomous operations for solar PV module manufacturing.
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Vaulthaus
Settlement and custody rails for regulated digital assets.
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Kestrel Nine
Autonomous inspection for transmission and distribution networks.
Founder stories
In their words.
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They committed on a Thursday after seeing a prototype that barely ran. Four years later they are still the first call before every hard decision.
Priya Raman Co-founder & CEO, Northvector -
Initium gave us a clear no in the first meeting and told us exactly why. We came back nine months later with the answer and they led the round.
Tom Beauchamp Founder, Halyard -
No theatre, no forced introductions, no dashboards to fill in. Just partners who read the memo properly and pushed on the thing that mattered.
Ana Sørensen CEO, Meridian Labs
