Portfolio news: Wrisk, Kraken, Green Lithium and 21 more

Wrisk has closed a £12 million Series B funding round co-led by Mundi Ventures and Opera Tech Ventures, with continued support from QBN and Volution. The raise will support Wrisk’s expansion into European markets and further development of its embedded insurance platform, which powers programs for major OEMs including BMW, Volvo, and Stellantis.

Kraken collaborated with the U.S. Secret Service in a major investigation into a crypto fraud scheme known as “pig butchering,” leading to a record $225 million seizure. Kraken’s compliance and investigative teams played a key role in identifying nearly 500 victims by providing real-time account and transaction data.

Green Lithium has secured a £1.5 million grant from the UK’s Drive35 programme (via the Advanced Propulsion Centre) to develop a pilot lithium refining facility in Teesside. This project aims to demonstrate a domestic, low-carbon refining process—reducing reliance on Chinese imports and supporting the UK’s EV supply chain. The pilot is a key step toward commercial-scale deployment and workforce development.

Munro Vehicles has completed an 18-month off-road test program for its Series M electric 4×4 and confirmed a £17 million order pipeline through 2027, spanning utility, truck, and chassis variants. To support its next growth phase, the company has appointed former Arrival and GM executive Avinash Rugoobur as chairman.

SeqOnce Biosciences has launched a new RT-qPCR Measles Panel, a lab test designed to detect the measles virus, including the D8 strain behind recent U.S. outbreaks. This launch expands SeqOnce’s broader range of infectious disease testing tools.

The company generated over 3.2 million alerts and 13,129 live audio interventions across 23 U.S. states. The company’s blend of intelligent detection and real-time response positions it to meet rising demand amid growing crime and strained law enforcement capacity.

The company plants a tree for every bottle of vodka and gin sold, supporting biodiversity and soil health through partnerships like Trees for Cities. They are halfway to 1M goal by 2027.

Reental has expanded into Dubai, acquiring a $7 million property in the Burj Khalifa—marking its first project in the UAE and its presence in six countries across four continents.

Pyth Network is now providing real-time price data for ACRED, a tokenized feeder fund managed by Securitize that offers digital access to Apollo Global Management’s Diversified Credit Fund. Live on six blockchains, ACRED enables daily NAV tracking and flexible redemption. The Pyth integration allows ACRED to be used as reliable DeFi collateral, with Kamino Finance set to be the first protocol to adopt it.

K2 Space has completed its first in-space demo mission and a full-power test of its 20kW Hall-effect thruster, paving the way for the 2026 GRAVITAS satellite launch to Medium Earth Orbit. GRAVITAS will showcase K2’s Mega-Class satellite platform—designed for both national security and commercial use—and is backed by a $60M U.S. Space Force STRATFI award.

RentalSource is one of the leading U.S. rental platforms. This integration brings thousands of new listings to Rentberry, potentially accelerating their growth, expanding our U.S. presence, and increasing user engagement.

Saya has released new flood and toilet leak sensor kits designed to prevent costly water damage and waste in apartment buildings. Already being adopted by major REITs and property managers, the plug-and-play solution offers insurers and owners a proactive tool to reduce claims, operating costs, and tenant disruption.

The Spirit of Tequila has been recognized byTasting Table as one of the best non-alcoholic tequilas on the market. The positive review highlights the brand’s success in delivering complexity without alcohol, reinforcing its position in the growing zero-proof spirits category.

Baotree has partnered with Wild Dreams Hospitality to integrate its digital impact tracking tools into hospitality operations focused on sustainability and community engagement. The collaboration enables tourism businesses to embed purpose into recruitment, supply chains, social investment, and guest experiences—while backing it with actionable data.

Pure Green has grown from 43 to 70 open units in the past six months and plans to open 3–5 new stores monthly through year-end, aiming to reach 100 locations by early 2026. With recent entries into California and Seattle, the wellness brand is expanding westward while continuing strong performance on the East Coast. Franchise development is underway across 30+ states.

Sparkle’s plant-based period products are now available at approximately 2,000 CVS Pharmacy stores across the U.S. This retail expansion significantly increases the brand’s visibility and access.

Edible Garden has launched Edible Garden–Prairie Hills, a 6.2-acre facility in Webster City, Iowa, following its acquisition of select assets from NaturalShrimp Farms Inc. The site will boost herb and nutraceutical production, support R&D in aquaculture using patented water treatment tech, and serve as a strategic Midwest distribution hub.

The Horror Section, Eli Roth’s new horror-focused studio, will debut its first theatrical release, Jimmy and Stiggs, nationwide on August 15, 2025.

Plaid has been recognized on CNBC’s 2025 list of the World Top Fintech Companies, highlighting its continued impact on the financial ecosystem.

Shiprocket has unveiled Shunya AI, a locally built multimodal AI engine supporting voice, text, and image across 9+ Indian languages. The launch underscores Shiprocket’s push to digitize and empower India’s $1T MSME sector with accessible AI infrastructure.

GT Wings has officially deployed AirWing, its Jet Sail propulsion system, marking the first successful real-world test of wind-assisted fuel savings on a vessel with limited deck space. In under a year, the team went from concept to full-scale design, build, and installation—successfully withstanding over 50 knots in Atlantic conditions.

The clinic integrates Vivoo’s real-time wellness tools to support data-driven decisions around health and aging.

FlipsideAI is the first natural language AI platform that makes on-chain insights instantly accessible across 35+ blockchains—no SQL or data team required. From identifying real protocol growth to uncovering high-value users, the tool empowers founders, analysts, and enthusiasts alike with real-time answers, dynamic dashboards, and strategic recommendations.

NettyWorth has introduced Quick Loans, a new feature that simplifies the NFT lending process by automatically recommending the best collateral based on the borrower’s wallet. With a 50% loan-to-value (LTV) ratio, the tool aims to reduce friction for borrowers, lower risk for lenders, and accelerate loan creation.