Darco Capital

Darco Capital is a family office investment firm founded in 2010 and based in Philadelphia, Pennsylvania. It serves as the investment vehicle for David Adelman and focuses on investing in technology and consumer-oriented businesses. The firm targets both startups and established companies, aiming to identify and support innovative ventures within these sectors.

David Adelman

Founder

15 past transactions

Prolific Machines

Series B in 2024
Prolific Machines is a biotech company founded in 2020 and based in San Francisco, California. The company specializes in developing advanced cell technologies aimed at transforming the production of cells for sustainable applications, particularly in the cultivated meat industry. By leveraging high-scale precision cell-differentiation techniques, Prolific Machines focuses on research and development in clean meat, cell therapies, and sustainable solutions for multi-planetary existence. Its innovations enable partners to adopt more sustainable practices, thereby enhancing human and planetary health while improving efficiency, quality, reproducibility, and sustainability in cell production.

Type One Energy Group

Seed Round in 2023
Type One Energy Group is dedicated to developing sustainable and affordable fusion power solutions. Established in 2019 by a team of esteemed fusion scientists and experienced business leaders, the company focuses on creating advanced stellarator fusion energy systems. Utilizing cutting-edge manufacturing techniques, modern computational physics, and high-field superconducting magnets, Type One Energy aims to optimize its reactor design. The company's FusionDirect program seeks to establish a fusion power plant within the next decade, employing a strategy that emphasizes collaboration with partners and efficient use of capital. By pursuing this innovative approach, Type One Energy aspires to deliver reliable and abundant power to meet the growing energy demands globally.

ReMo Energy

Seed Round in 2022
ReMo Energy is a company that specializes in the innovative manufacturing of industrial materials by utilizing renewable energy instead of fossil fuels. It focuses on developing distributed-scale green ammonia plants that produce nitrogen fertilizers from renewable electricity, air, and water. By employing predictive modeling and a novel approach to vegetation development, ReMo Energy effectively harnesses local renewable energy sources to create green chemicals. This approach addresses the challenges of food security and climate change while optimizing the use of distributed, intermittent renewable energy resources.

Neutral

Series A in 2022
Neutral is a carbon-neutral food company based in Portland, Oregon, established in 2018. The company focuses on creating a sustainable food ecosystem, starting with its offerings of organic milk and half-and-half. Neutral aims to reduce the carbon footprint associated with food production by utilizing a carbon-neutral process, which includes sourcing products from pasture-raised cows. Their product line not only emphasizes nutritional value, featuring high levels of omega-3 and conjugated linoleic acid (CLA), but also encourages consumers to participate in environmental sustainability by opting for products that contribute to lower carbon emissions.

Stimulus

Seed Round in 2022
Stimulus, Inc. is a company that specializes in developing relationship intelligence software designed to enhance vendor and supplier management for businesses. Founded in 2016 and headquartered in New York, the company offers a platform that leverages data and analytics to provide visibility into supplier information, allowing organizations to make informed purchasing decisions. Stimulus's software includes features such as supplier comparison, data collection, custom reporting, and real-time data analysis, which help businesses identify potential risks and opportunities within their supply chains. By streamlining the sourcing and procurement processes, Stimulus enables companies to optimize costs and improve their overall purchasing strategy.

Rubi Laboratories

Seed Round in 2022
Rubi Laboratories is a California-based company that specializes in the development of technology to manufacture carbon-negative textiles. The firm utilizes innovative sustainable solutions to convert carbon emissions into natural fibers, resulting in biodegradable textiles. Its technology directly synthesizes threads, providing a natural resource for the production of viscose that is carbon-negative, as well as being water-chemical, land-neutral, traceable, and environmentally friendly. Rubi Laboratories aims to address the environmental impact of textile manufacturing by offering a more sustainable alternative in the industry.

The Live Green

Seed Round in 2022
The Live Green Company, founded in 2018 and headquartered in Santiago, Chile, specializes in the development of plant-based food products. The company offers a range of items, including live green burger mixes and live green pancake mixes. Utilizing proprietary deep technology, The Live Green Company focuses on creating consumer packaged goods that are functional, clean, and sustainable. Their innovative approach incorporates artificial intelligence, machine learning, and precision fermentation to enhance research and development processes, allowing for the efficient creation of active functional ingredients. The Live Green Company is committed to promoting a healthier and more sustainable food future.

Philanthropi

Venture Round in 2021
Philanthropi is a technology-driven company founded in 2018 and headquartered in Philadelphia, Pennsylvania, that focuses on enhancing philanthropic initiatives for organizations. It operates a philanthropic marketplace designed to engage, educate, and encourage everyday acts of charity. Through its platform, Philanthropi provides turnkey solutions that facilitate both internal and external charitable giving, helping organizations visualize and understand the impact of their donations. The company aims to foster active and effective engagement in communities and social circles, thereby maximizing the effectiveness of everyday charitable efforts.

Lightyear

Series A in 2021
Lightyear AI, Inc. is a developer of an online platform that streamlines the procurement and management of information technology infrastructure for businesses. Founded in 2019 and headquartered in Albany, New York, the company offers a range of services including Internet connectivity, managed Wi-Fi, SD-WAN, and multi-location connectivity, alongside hardware installation and network maintenance. Its platform provides users with tools to navigate the entire IT buying process, from contract signing to renewals, while also incorporating features like switch analysis to enhance decision-making. By automating procurement processes and facilitating the management of service contracts, Lightyear aims to help businesses save time and reduce costs associated with acquiring and maintaining IT infrastructure.

Happy Howl

Pre Seed Round in 2021
Happy Howl is a pet food company specializing in human-grade dog food. Their products are rich in vitamins and minerals, designed to address common canine health issues such as digestive problems and weight management. Happy Howl's recipes are free from artificial preservatives, additives, meat fillers, and byproducts, using only 100% locally sourced, human-grade ingredients. The company's offerings are USDA-certified, gently cooked, and packaged in recyclable materials, providing a convenient, fresh, and digestible option for dog owners seeking high-quality nutrition to support their pets' overall health and wellness.

Beach Whiskey

Acquisition in 2021
Beach Whiskey™ was founded in 2015 by entrepreneurs including TV and radio personality Billy Bush, music stars Jake Owen and Gavin DeGraw, beverage industry veteran J. Smoke Wallin and co-founding investor and advisor Ken Austin, and entrepreneurs co-founder Andrew McGinnis and co-founding investors Kenny Dichter and Andrew Kline. Beach Whiskey is a flavored American whiskey made for sun worshiping, moon chasing, and fun seekers. A whiskey for the wise and the whimsical. A whiskey for those drawn to the water, the waves, who welcome a little wickedness. Beach Whiskey is about time…your time, day time! Born on the beach, enjoyed everywhere. No matter where you are, our mission is to bring the beach – “your place in the sun” – to thirsty, fun-loving whiskey drinkers everywhere. Please sip and swim responsibly!

American Harvest Vodka

Acquisition in 2021
American Harvest Vodka is distilled from Organic winter wheat grown on an American family farm in Rigby, Idaho. The organic and regenerative approaches to agriculture focus our farmers make ensure our wheat is grown in healthy soil with minerals, organic matter, water, air, and microorganisms; the key is having a sustainable amount of nutrients for our product to grow.

Osaro

Series B in 2020
Osaro, Inc. is a technology company that specializes in developing artificial intelligence software aimed at automating manual picking and assembly tasks in distribution centers and manufacturing environments. Founded in 2015 and based in San Francisco, California, Osaro's solutions integrate advanced machine learning and vision-based technology to enhance the efficiency of robotic systems. The software is designed to automatically process complex, unstructured data, enabling machines to learn and adapt in real-time, thereby improving decision-making capabilities. By enhancing the intelligence and adaptability of machines, Osaro aims to increase industrial productivity while allowing human workers to concentrate on more complex tasks, ultimately contributing to a safer workplace and more resilient supply chains.

Art of Sport

Series A in 2020
Art of Sport is a direct-to-consumer body care company focused on creating products specifically designed for athletes. Founded in 2018 by Matthias Metternich, Brian Lee, and Kobe Bryant, the company collaborates with leading athletes and skincare scientists to develop its product range. Art of Sport offers a variety of body and skin care items, including deodorants, body wash, soaps, sunscreens, and pain relief creams, all aimed at enhancing athletes' performance and well-being. The brand emphasizes the importance of tailored formulations that meet the unique needs of active individuals, allowing them to feel fresh and confident. Products are sold directly to consumers in the United States through the company's website.

Moov

Seed Round in 2020
Moov Technologies, Inc. is a software company that specializes in creating a real-time interactive platform for buying and selling pre-owned manufacturing equipment, with a particular focus on the semiconductor sector. Founded in 2017 and headquartered in San Francisco, California, Moov's platform provides an online marketplace that facilitates the matching of buyers and sellers of used manufacturing equipment. The platform automates key processes such as documentation, information sharing, contracts, payments, and logistics, thereby streamlining transactions. By offering these integrated services, Moov enables users to save time and reduce costs while minimizing equipment wastage in the manufacturing industry.
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