Portfolio news: Firefly Aerospace, Koning, Carta + 17 more
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Portfolio companies continued expanding into new markets and launching innovative products this quarter. Here's the latest from across the ecosystem.

In case you missed the last update, you can check it out here.

Ocula is Firefly's new commercial lunar imaging service launching in 2026 through its Elytra orbital vehicles. This first-of-its-kind service uses high-resolution telescopes from Lawrence Livermore National Laboratory. Ocula will support mineral deposit identification, landing site mapping, and cislunar situational awareness for government and commercial customers.
| In portfolio since |
Q3 2021 |
Koning Health has completed its first installation in the UAE with the deployment of the Koning Vera 3D breast imaging system at the Family Health Promotion Center in Sharjah, UAE.
| In portfolio since |
Q3 2022 |

Biobot Analytics has raised a new funding round led by Valor Equity Partners, with additional participation from Atreides Management and existing investor Hyperplane. The capital will support product development and expansion of its wastewater intelligence platform for healthcare and national security.
| In portfolio since |
Q3 2023 |
This partnership aims to streamline IPO readiness for private companies. Odyssey will serve as Carta’s preferred transfer agent, enabling a seamless transition from private cap table management to public shareholder services. This enhances Carta’s end-to-end offering.
| In portfolio since |
Q2 2019 |

Earn Stack is an institutional-grade platform offering staking services across over 50 protocols with integrated DeFi capabilities. This platform addresses growing demand for regulatory-compliant, non-custodial staking solutions following recent SEC guidance. This launch, following Blockdaemon's acquisition of expand.network in March 2025, positions the company to capture significant market share in the growing institutional crypto infrastructure sector.
| In portfolio since |
Q2 2019 |

Klarna has entered the U.S. telecom market with the launch of an unlimited 5G mobile plan, signaling a strategic move to expand its neobank ecosystem. The service, powered by mobile infrastructure startup Gigs and leveraging AT&T’s network, allows Klarna to offer mobile connectivity without owning physical assets.
| In portfolio since |
Q1 2021 |
This eliminates the need for costly data terminals, providing institutional-grade market data. The launch challenges the traditional market data oligopoly, where companies like Nasdaq and ICE generate billions annually from gated access to financial data. By making UK equity prices accessible to developers, builders, and institutions without legacy infrastructure costs, Pyth advances its mission to create a universal price layer for global finance.
| In portfolio since |
Q2 2021 |

This is company's first international expansion. The UK team now holds exclusive regional rights and has begun deploying units for clients including the English Premier League. This expansion positions Dryvebox to capitalize on Europe’s largest golf market.
| In portfolio since |
Q2 2022 |
2025 B Corp 30 list highlights UK-based companies demonstrating strong purpose-driven growth. The recognition underscores OGGS’ commitment to building a sustainable food system through its plant-based egg alternatives.
| In portfolio since |
Q2 2024 |

Ready Set Jet has successfully launched aboard the Axiom Space AX-4 Mission on a SpaceX Falcon 9 rocket to the International Space Station. The company's Beauty Batons, the world's first certified space beauty/skincare products, are part of the payload and will undergo a two-week journey experiencing microgravity and radiation for research purposes. This milestone demonstrates the commercial viability of its space-certified formulations.
| In portfolio since |
Q3 2021 |
The recognition highlights Cloudastructure's computer vision technology, which achieved over 98% deterrence rate for threatening activity across customer properties in 2024.
| In portfolio since |
Q4 2019 |

This partnership expands the company’s retail footprint through a high-traffic, large-format regional grocer, strengthening Edible Garden’s distribution in the Midwest.
| In portfolio since |
Q2 2021 |

COAT Paints has been recognized on The Sunday Times 100, the leading annual ranking of Britain's fastest-growing private companies. This prestigious inclusion validates COAT's innovative approach to paint manufacturing, which focuses on smarter products, zero-waste production, and climate-positive operations.
| In portfolio since |
Q3 2024 |

The companies aim to create a UK commercial solar offering that combines Solivus' lightweight PV technology with UrbanChain's digital energy trading platform. This collaboration enables large property owners to trade and share solar energy generated on their sites with local businesses or supply chain partners, creating additional revenue streams beyond traditional solar installations.
| In portfolio since |
Q4 2023 |
ZIM Connections has partnered with Liberty Latin America to expand its eSIM coverage across 12+ new destinations, including Puerto Rico, Barbados, and Costa Rica.
| In portfolio since |
Q4 2023 |

Kraken has launched tokenized U.S. equities and ETFs for eligible non-U.S. clients through a phased rollout, powered by Backed’s xStocks. Initially offering 60 assets on the Solana blockchain, the service allows 24/5 trading with self-custody and DeFi interoperability, marking a shift toward permissionless, onchain investing.
| In portfolio since |
Q2 2021 |
Snowball Money has launched its Modular Name Service (MNS) on MetaMask Snap, enabling seamless cross-chain identity for MetaMask’s 30M+ users across 70+ blockchains.
| In portfolio since |
Q4 2020 |

Hawaiian Bros has signed a new development agreement with Wiles’ Aloha Ventures to open 10 restaurants across Albuquerque, NM and El Paso, TX. With 250 future locations already under development, the brand continues to build momentum.
| In portfolio since |
Q1 2022 |
The new product was launched across HomeCooks retail locations, achieving a 328% increase in sales rate within the first month and rapid customer traffic to the frozen section. The freezer investment paid for itself within the first week of installation.
| In portfolio since |
Q2 2024 |

After over a year in development, Oatsu has created a shelf-stable overnight oats product that stays fresh for weeks using only natural ingredients. The extended shelf-life differentiates Oatsu from traditional overnight oats.
| In portfolio since |
Q1 2024 |