Expeditions — Full Portfolio

AMI Labs develops advanced AI systems that understand the real world through world models and action-conditioned architectures, enabling intelligent agents with persistent memory, reasoning, and safety controls for industrial automation, robotics, and healthcare applications.

AI & Machine LearningDeep TechRoboticsParis, FR

YLYann LeCun(Founder)ALAlex LeBrun(Founder)inLSLaurent Solly(Founder)inMRMichael Rabbat(Founder)inPFPascale Fung(Founder)inSXSaining Xie(Founder)in

Co-investors2020VCAGAglae VenturesALAlpha Intelligence CapitalALAlpha Square GroupAVAvenir Growth CapitalBEBerliner Volksbank Ventures+44 more

Blackwall provides GateKeeper, a high-availability web security and traffic-filtering solution for web hosting and service providers, operating as a reverse proxy with a web application firewall to block L7 DDoS attacks, bots, brute-force attempts, and scraping.

Cloud ComputingCybersecuritySaaS

Co-investorsMMMMC VenturesTETera VenturesDADawn Capital

AI security company entering an agreement to be acquired by F5; Paladin led its Series A and follow-on financings.

AI & Machine LearningCybersecurityEnterprise Software

Neil Serebryany(Cofounder)

Co-investorsCYCyber Mentor FundDADay One VenturesFRFrontline VenturesHAHakluyt CapitalMAManta Ray VenturesPAPaladin Capital Group+2 more

UK defence startup building low-cost interceptor missiles and solid rocket motors to counter drones and missiles.

SBSteven Barrett(Founder)inJHJunaid Hussain(Founder)inCSChris Sylvan(Founder)

Co-investors7P7percent VenturesACAccelENEntropy Industrial CapitalLULux CapitalSPSpark CapitalSTStemAI VC+6 more

Comand AI builds Prevail, an AI-native operating workspace for defense and security headquarters that integrates across C2 platforms to support military planning tasks such as mission analysis and terrain analysis while keeping officers in command.

AI & Machine LearningDefense TechGovTechParis, FR

Marie I(Founder)Quentin Le Pape(Founder)inLoïc Mougeolle(Founder)in

Co-investorsFRFrst

Disruptive Industries develops technology for proactive threat attribution and discovery, enabling organizations in defense, government, and corporate sectors to identify threats before they materialize and uncover patterns in open-source intelligence that others overlook.

AI & Machine LearningCybersecurityData & InfrastructureDefense TechEnterprise Software

Dominion develops autonomous systems and command-and-control platforms for defense and critical infrastructure operations in remote, harsh environments like the Arctic.

AI & Machine LearningDeep TechDefense TechWaterloo, CA

EPEliot Pence(Founder)in

Co-investorsBCBCIBEBessemer Venture PartnersGAGarage CapitalGOGolden VenturesOMOMERS VenturesDEDeloitte Ventures+4 more

Cheswick, US

JDJeffrey D. Mullen(CEO, President and Treasurer)inNorman E. O'Shea(VP, Chief Production Officer)Ross C. Wilkin(Chief Financial Officer)Jonathan L. Beaver(Chief Architect)John T. Mazock(Chief Manufacturing Officer)inBenjamin C. Cupp(VP, Information Technology)

Co-investorsADAdams Capital ManagementBABain Capital VenturesBCBCIBEBessemer Venture PartnersCACapital FactoryFOFounders Fund+2 more

EGIDE develops mass-deployable, networked effectors for defense, starting with air-defense systems against suicide drones.

AI & Machine LearningDefense TechHardware

Co-investorsHEHeartcore Capital

Fiat Republic provides fiat payment infrastructure for crypto platforms, connecting them to a network of crypto-friendly banking partners through a single API with virtual IBANs, automated reconciliation, and built-in compliance.

Crypto & Web3Data & InfrastructureFintech

ABAdam Bialy(Founder)in

Co-investorsFAFabric VenturesINInovo VCSOSoftBank Investment Advisers’ Emerge ProgramCRCredo VenturesKRKraken VenturesPRPretiosum Ventures+1 more

Frankenburg Technologies develops affordable, mass-manufacturable guided missile systems and counter-drone platforms for European defence.

Advanced ManufacturingDeep TechDefense TechHardwareRiga, LV

KSKusti Salm(Chief Executive Officer & Founder)inTMTaavi Madiberk(Chairman of the Supervisory Board)in

Co-investorsBLBlossom Capital

Gambit Security offers Balens, a platform that continuously maps infrastructure resources into business applications to reveal dependencies, backup coverage, and recovery gaps across cloud, infrastructure-as-code, and backups.

Cloud ComputingCybersecurityEnterprise Software

AGAlon Gromakov(Founder)in

Co-investorsKLKleiner PerkinsCYCyberstartsSPSpark Capital

Gambit Cyber provides a continuous threat exposure management (CTEM) platform that helps organizations identify and validate security gaps and attack paths through automation and real-world threat simulation.

AI & Machine LearningCybersecuritySaaSThe Netherlands, NL

Horizon Quantum builds software infrastructure and programming tools to enable developers to apply quantum computing to complex computational problems.

Deep TechDeveloper ToolsQuantum ComputingSingapore, SG

DJDr. Joe Fitzsimons(Founder & CEO)

Co-investorsPEPeak XV PartnersSUSummer CapitalABAbies VenturesDCDCVC (Data Collective)

Labrys Technologies is a UK-based defence technology company that builds digital verification infrastructure for contested environments.

Crypto & Web3CybersecurityDeep TechDefense TechUnited Kingdom, GB

Royal Marines and British Army veterans (unnamed)

Co-investorsALAlbionVCMAMarque VenturesMDMD One VenturesPRProject A VenturesSUSuperAngel

Laelaps AI develops autonomous security systems built on quadrupedal robots, combining robotics, machine learning, and visual intelligence into a real-time security platform.

AI & Machine LearningCybersecurityRobotics

Sophia(Head of Commercialisation & Strategy)inMaria(Head of Autonomy & Robotics)Rokas(Head of Visual Intelligence & Infrastructure)in

Larx builds a decision intelligence platform, offered via an API and a natural language interface, with edge-ready deployment options.

AI & Machine LearningData & InfrastructureDeep TechDefense TechEnterprise Software

TMTad Mielnicki(Founder)in

Co-investorsEVEvolution VC PartnersFUFulcrum VentureREREFASHIOND Ventures

Lendurai develops computer vision and machine learning software that lets unmanned aerial vehicles (UAVs) operate without GNSS or radio control.

AI & Machine LearningDefense TechRoboticsTallinn, EE

SMSiim Maivel(Founder)in

Co-investorsHCHCVC

Lysk is a European defense technology startup building modern software designed for hostile environments, bringing cloud infrastructure practices in security and networking to European armies.

AI & Machine LearningDeep TechDefense TechParis, FR

Mangopay provides flexible wallet infrastructure and payment solutions for online platforms and marketplaces to manage global money movement.

FintechMarketplacesSaaS

Co-investorsADAdvent InternationalNANAP

Molecule.one applies machine learning to chemical synthesis, predicting synthetic routes and supporting chemistry research with an in-house synthetic and analytical laboratory.

AI & Machine LearningBiotechDeep TechDover, US

Pawel Wlodarczyk-Pruszynski(Executive Officer, Director)PBPiotr Byrski(CEO & Co-founder)inSJStanisław Jastrzębski(CTO & Chief Scientist & Co-founder)inPaweł Włodarczyk-Pruszyński(Engineering Fellow & Co-founder)in

BoardDominik Andrzejczuk(Director)

Co-investorsFFFf Venture CapitalAMAME Cloud VenturesCHCherubic VenturesSUSunfish Partners

Nethone provides an AI-powered fraud detection and prevention platform that analyzes user behavior and risk signals across multiple channels to protect e-commerce, fintech, gaming, and travel platforms from fraud and unauthorized transactions.

AI & Machine LearningCybersecurityFintech

Co-investors3V3VC

Nu Quantum develops quantum networking solutions to enable commercial quantum computer scaling.

Deep TechHardwareQuantum ComputingCambridge, GB

CPCarmen Palacios-Berraquero(Founder)in

Co-investors7P7percent VenturesAHAhren Innovation CapitalAMAmadeus Capital PartnersEMEMV CapitalIQIQ CapitalMAMartlet Capital+4 more

Oblivious builds privacy-enhancing software that enables organizations to perform secure data collaboration and deploy services while maintaining data sensitivity.

AI & Machine LearningCybersecurityData & InfrastructureEnterprise SoftwareDublin, IE

JFJack Fitzsimons(Co-founder)RPRobert Pisarczyk(Co-founder)in

Co-investorsACAct Venture CapitalACACT Venture CapitalACAcurio VenturesATAtlantic Bridge VenturesCACavalry VenturesFIFirestreak Ventures+2 more

Orasio develops computer vision technology that analyzes video streams in real-time to detect and extract actionable intelligence while maintaining compliance with European data protection standards.

AI & Machine LearningCybersecurityData & InfrastructureEnterprise SoftwareGovTech

Co-investorsFRFrst

Orqa manufactures the MRM2-10, an NDAA-compliant, EU-made dual-use drone platform built from carbon fibre that carries payloads up to 3.5 kg for tactical and commercial operators.

ConsumerDeep TechDefense TechHardwareRoboticsOsijek, HR

SKSrdjan KovacevicinIJIvan JelusicinVMVlatko Matijevicin

Co-investorsBOBooz Allen VenturesDADay One CapitalLILightspeed Venture PartnersRARadius Capital VenturesTATaiwania CapitalAYAYMO Ventures

Orqa provides an intelligence layer for managing high-value client relationships, drawing on public data and authorized data partnerships such as regulatory filings, property records, institutional affiliations, and news coverage.

AI & Machine LearningData & InfrastructureSaaS

Co-investorsENEntrepreneurs Roundtable Accelerator (ERA)AYAYMO VenturesLILightspeed Venture PartnersRARadius Capital VenturesTATaiwania Capital

Periphery develops embedded security technology to protect cyber-physical systems in critical infrastructure from sophisticated threats.

AI & Machine LearningCloud ComputingCybersecurityDefense TechDeveloper ToolsIoTLondon, GB

Toby Wilmington(Founder)inKRKane Ryans(Chief Technology Officer)in

Co-investorsAMAmadeus Capital PartnersTETechstars

Project Q builds Hydris, an Apache 2.0 open-core control plane that integrates heterogeneous sensors, systems, and effectors across air, land, sea, and space into a single taskable picture and exports to any battle management or C2 system.

Deep TechDefense TechIoTBerlin, DE

Co-investorsPRProject A VenturesSUSuperAngel

Segmed provides structured, de-identified medical imaging data and multimodal datasets from diverse populations to support research in AI and healthcare.

AI & Machine LearningData & InfrastructureDigital HealthHealthtechMedical DevicesSan Francisco, US

MWMartin Willemink(Co-founder)inJWJie Wu(Founder)inMarinus Johannes Willemink(Executive Officer, Director)WAWojciech Adam Koszek(Executive Officer, Director)CHCailin Hardell(Founder)CKCailin Kramer(Founder)in

Co-investorsBLBlumberg CapitalIGiGan PartnersMIMighty CapitalNINina CapitalNONovaCapitalSOSouth Quad+2 more

Sky Spy develops signals intelligence (SIGINT) technology for real-time RF tracking in contested electromagnetic environments on the battlefield.

Deep TechDefense TechHardware

Co-investorsSUSunfish Partners

Sygaldry develops quantum-accelerated AI servers that combine multiple qubit modalities to speed up training and inference for AI models.

Advanced ManufacturingAI & Machine LearningHardwareQuantum ComputingAnn Arbor, US

CRChad Rigetti(Founder)inIFIdalia Friedson(Founder)in

BoardCGChristian Garcia(Director)inAndrew Sather(Director)inMichael Keiser(Director)

Co-investorsALAlumni VenturesBLBloomberg BetaCOCollaborative FundDEDetroit Venture PartnersEAEarth Venture CapitalGAGarage Capital+51 more

Synnada is an AI infrastructure company building tools for running persistent, continuously operating agent systems in production, including Mithril (an ML compiler), Tenet (multi-cloud deployment for AI workloads), and Agentia (a runtime for persistent agents).

AI & Machine LearningData & InfrastructureDeveloper ToolsSan Francisco, US

MOMehmet Ozan Kabak(Founder)in

Co-investors50500 Emerging Europe

Synthesized creates governed, production-realistic test data from sensitive enterprise systems for software validation, migrations, and AI-agent testing.

AI & Machine LearningData & InfrastructureEnterprise Software

Co-investorsFOFounders FactoryFOFounders Factory NYIAIA Seed VenturesIQIQ CapitalMUMundi VenturesDEDeutsche Bank+3 more

Treinta is a cloud-based business management system that enables small business owners to manage sales, inventory, customers, suppliers, and employees from mobile or web.

AI & Machine LearningCloud ComputingEnterprise SoftwareFuture of WorkRetail TechSaaSBogotá, CO

LCLluis Canadell(Founder and CEO)inMHMan Hei Lou(Founder)in

Co-investorsCOCommerce VenturesETEthos VCFIFirst Check VenturesFJFJ LabsKUKube VCLOLoftyInc Capital+20 more

New York City, US

Drew Calcagno(Founder)

Co-investorsALAlumni Ventures

UFORCE manufactures unmanned military systems including naval, ground, and aerial drones for defense applications.

Defense TechHardwareRobotics

OHOleksiy Honcharuk(Co-founder)inDSDenis Smetnev(Founder)inRPRoman Pertsovskiy(Founder)inOleg Rogynskyy(CEO)inSean Plankey(CEO, UFORCE USA)in

Co-investorsANAndreessen HorowitzICICONIQBABallistic VenturesSHShield CapitalIRIron Wolf CapitalLALakestar

Upflow provides financial relationship management software that helps B2B finance teams optimize cash flow and accelerate collections through dashboards, payment automation, and integrated workflows.

Enterprise SoftwareFintechSaaSNew York City, US

BMBarnaby Malet(Founder)inALAlex Louisy(Founder)in

Co-investorsKIKima VenturesLOLorimer VenturesY Y Combinator9Y9Yards CapitalALAltaclub VCALAltaIR Capital+2 more