Niklas List

Partner

Teresa Smetzer

Operating Partner

7 past transactions

Firehawk Aerospace

Series C in 2025
Firehawk Aerospace is a private aerospace company focused on advanced rocket propulsion technology. It develops rocket engines and propulsion systems with efficiency and reliability comparable to liquid bi-propellant engines while maintaining safety and simplicity akin to hybrid engines. The firm uses proprietary additive manufacturing to produce 3D-printed fuel grains tailored to specific sizes and thrust profiles, enabling customized, scalable propulsion solutions. Founded in 2018 and based in Melbourne, Florida, with an additional office in Tulsa, Oklahoma, Firehawk aims to improve space transportation efficiency, safety, and cost competitiveness.

ALL.SPACE

Series C in 2024
ALL.SPACE, formerly known as Isotropic Systems, is a pioneer in smart terminal technology aimed at enhancing enterprise mobility across land, sea, and air. The company has developed a fifth-generation smart terminal that facilitates seamless communication by connecting to all satellites and networks, regardless of orbit. This innovative terminal is part of a software-defined service enablement platform that employs intelligent routing and edge computing to ensure exceptional network resilience and performance. ALL.SPACE offers a customizable S2000 range of terminals with a variety of sizes, transmission and reception ratios, aperture combinations, and scanning ranges, providing up to 8,100 unique configuration options. The modular design allows clients to select the terminal configuration that best meets their specific needs, enabling efficient bandwidth usage and enhanced operational capabilities.

Agile Space Industries

Convertible Note in 2024
Agile Space Industries designs, builds, and tests in-space propulsion systems for satellites and spacecraft, using 3D metal alloy printing. It manufactures and tests new engine designs at a dedicated propulsion test facility in Durango, Colorado. The company offers storable monopropellant and bipropellant thrusters, propulsion systems for space-vehicle form factors, and mission-optimized interfaces for launch vehicles, spacecraft, and payloads. It provides diagnostic testing services spanning atmospheric, altitude, and vacuum environments, along with component, integrated module, system, and vehicle testing, plus rapid propulsion development and diagnostic propulsion testing, including altitude- and vacuum-system conditioning and high-resolution pressure and flow measurements. With more than a decade of rocket engine testing experience in defense, civil, and commercial programs, Agile Space Industries has collaborated with partners including SpaceX, NASA, and Rocketdyne.

IRIS Audio Technologies

Series B in 2024
IRIS Audio Technologies focuses on delivering an authentic audio experience by prioritizing real, live sound over artificial enhancements. The company's product, IRIS Listen Well, aims to revitalize how individuals perceive sound, emphasizing clarity and naturalness. By eliminating unnecessary processing, IRIS offers a unique approach to audio that allows users to reconnect with the essence of sound. Through its innovative technology, IRIS seeks to transform the listening experience, making it more immersive and true to life.

Privateer

Series A in 2024
Privateer develops an AI-powered data intelligence platform that transforms multi-domain information into actionable insights. It specializes in real-time satellite integration, AI-driven data fusion, and cross-domain analytics, empowering defense, civil, and commercial organizations to monitor global activity, anticipate risks, and make informed decisions.

Adarga

Series A in 2023
Adarga Limited is a London-based company that specializes in developing advanced software and machine learning technologies for data analysis. Founded in 2015, Adarga provides innovative products such as the Adarga Knowledge Platform, adarga_engine, and adarga_bench, which enable organizations to efficiently analyze vast quantities of information. Its AI-driven software employs natural language processing and network science techniques to rapidly identify critical insights within unstructured data, allowing users to produce detailed reports quickly and monitor complex situations effectively. Primarily serving the defense, national security, and commercial sectors, Adarga's solutions automate time-consuming tasks and enhance decision-making capabilities, thereby helping clients mitigate risks and gain a competitive edge in an increasingly data-driven landscape. As a subsidiary of Allectus Capital Limited, Adarga continues to address the growing challenges posed by the exponential increase in data.

Infleqtion

Series B in 2022
Infleqtion, with offices in the United States, United Kingdom, and Australia, specializes in delivering advanced quantum information solutions tailored to meet critical market needs. Building on 17 years of pioneering research from ColdQuanta, the company develops software-configured, quantum-enabled products that enhance precision and processing power for applications in positioning, navigation, timing, global communication security, and efficiency. Infleqtion's technology serves various sectors, including commercial enterprises and governmental organizations, by providing high-value information streams that facilitate innovation in quantum matter. Its offerings encompass hardware products and AI-powered solutions aimed at advancing resilience in energy distribution and accelerating developments in quantum computing.
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