NFX — 2026 Investments

TwoStep Therapeutics is a Stanford spinout developing targeted cancer therapies, including peptide-based drug conjugates and radioligand programs built on a tumor-targeting peptide platform.

BiotechHealthtechSan Carlos, US

Caitlyn Miller(CEO & Co-Founder)Jennifer Cochran(Co-Founder)Carolyn Bertozzi(Co-Founder)Ronald Levy(Co-Founder)

BoardOmri Amirav-Drory(Director)inJohn Prufeta(Director)in

Board seatOmri Amirav Drory· per SEC Form D

Co-investors2048 VenturesFifty YearsMedical Excellence Capital

Altro Health provides white-label clinical infrastructure that lets partners offer lab testing, prescriptions, peptides, and hormone therapy under their own brand, including a branded storefront, admin portal, and payment processing.

Digital HealthHealthtechSaaS

Co-investorsDorm Room

Autonomous software development for the enterprise (AI)

Cambridge, US

Brian Elliott(Executive Officer, Director, Promoter)inSiddhant Pardeshi(Executive Officer, Director, Promoter)Siddhant Prakash Pardeshi(Director)Sid Pardeshi(Founder)in

BoardSanjot Malhi(Director)in

Co-investorsAsymmetric Capital PartnersBattery VenturesBosch VenturesFlybridge Capital PartnersLink VenturesNew York Life Ventures+9 more

Candex provides a platform to manage vendor engagement, tracking, and payment for organizations, eliminating manual administrative overhead in procuring and paying service vendors.

B2B MarketplacesEnterprise SoftwareFintechSaaSNew York, US

Co-investorsCamp One VenturesCommerce VenturesCraft VenturesEdenred VenturesPROOFXG Ventures+6 more

F2 is a private markets intelligence platform that helps investment firms leverage their institutional knowledge to screen, diligence, underwrite, and monitor deals more efficiently.

AI & Machine LearningDeveloper ToolsEnterprise SoftwareFintechSaaSNew York City, US

Don Muir(Founder)inEmre Kazdagli(Founder)

Co-investorsAngel Collective Opportunity FundLeft Lane CapitalNext Legacy PartnersSarah SmithTorch CapitalY Combinator+1 more

Gizmo is a study app that helps students learn and revise for exams such as GCSEs, A-levels, and AP tests.

AI & Machine LearningConsumerEdTechLondon, GB

Paul Evangelou(Founder)inPetros Christodoulou(Founder)

Co-investorsBlitzscaling VenturesCapitalTShine CapitalAda VenturesSEEK Investments

Guild operates a global education benefits platform that connects employees to a curated learning marketplace, 1:1 coaching, and analytics so employers can develop talent, fill critical roles, and build internal mobility.

EdTechFuture of WorkHR TechDenver, US

Brittany Stich(Founder)inGREG SIEGEL(Executive Officer)RACHEL ROMER CARLSON(Executive Officer, Director, Promoter)NATALIE MCCULLOUGH(Executive Officer)PAUL FREEDMAN(Executive Officer)LEIGHANNE LEVENSALER(Director)

Co-investorsBessemer Venture PartnersBuilders + BackersCowboy VenturesFelicis VenturesGSV VenturesICONIQ+17 more

Novig operates a sports prediction market where users can trade on sporting outcomes without paying commissions.

ConsumerFintechGamingMarketplacesNew York City, US

Jacob Fortinsky(Founder)inKelechi Ukah(Founder)in

Co-investorsForerunner VenturesMakers FundMulticoin CapitalPalm Drive CapitalPantera CapitalUnpopular Ventures+2 more

Novig is a sports prediction and trading platform designed for traders that prioritizes transparent odds and user experience without excluding profitable users.

ConsumerFintechMarketplacesSports Tech

Jacob Fortinsky(Founder)in

Co-investorsLux CapitalY CombinatorAmino CapitalNeer Venture PartnersPantera CapitalPerceptive Ventures Management Company, Llc+3 more

BiotechArlington, US

Armon Sharei(Executive Officer, Director)

Co-investorsIA VenturesIKJ CapitalPear VCTechU Ventures

Pumpkinseed builds a nanophotonic chip platform that reads proteins directly at single-molecule resolution using Raman spectroscopy, generating structured proteomic data.

AI & Machine LearningBiotechDeep TechPalo Alto, US

Jen Dionne(Co-Founder)Jack Hu(Co-Founder & CSO)inNhat Vu(Co-Founder & CTO)

Co-investorsFuture VenturesStanford University

REXI provides AI-powered reconciliation infrastructure that connects payment, banking, ERP, and accounting sources to automatically match transactions, resolve exceptions, and close the books for finance operations teams.

AI & Machine LearningFintechSaaS

Teo Zavalia Gahan(Founder)in

Co-investorsCarao VenturesMovileWayra

Sisense provides embedded analytics software that enables teams to integrate data visualization and insights into business applications.

AI & Machine LearningData & InfrastructureEnterprise SoftwareSaaSNew York, US

Ariel Katz(Chief Executive Officer)Amir Orad(Executive Officer, Director)Todd Sloan(Executive Officer)

BoardTeddie Wardi(Director)inBob Goodman(Director)inItzik Parnafes(Director)in

Co-investorsBattery VenturesBessemer Venture PartnersInsight PartnersAUTHENTIC VENTURESClaltechFounders Circle Capital+7 more

Starfish Space develops Otter, an autonomous satellite servicing vehicle that uses electric propulsion to dock with satellites for life extension and disposal.

Deep TechHardwareSpace TechTukwila, US

Trevor Bennett(Co-founder)inAustin Link(Co-founder)in

BoardMorgan Beller(Director)inPeter Ortez(Director)Letitia Long(Director)

Co-investorsACTIVATE CAPITAL PARTNERSBooz Allen VenturesCarbonDenver VenturesHypothesisIndustrious Ventures+14 more

Starship operates a fleet of autonomous sidewalk delivery robots that transport hot food, groceries and industrial supplies using radar, cameras, sensors and machine learning to navigate.

AI & Machine LearningLogistics & Supply ChainRobotics

Ahti Heinla(Founder)in

Co-investorsMorpheus VenturesBenchmarkCedar CapitalCiscoCisco InvestmentsEQT+4 more