Susa Ventures

🔥 Exciting episode of Turpentine VC just dropped with Chad Byers of Susa Ventures. Chad and Erik Torenberg talk about Susa's re-launch and: + Their new vision and why Susa isn't becoming multi-stage + Why Susa won't pursue the maximal AUM game + The trade-offs of investing in platform as a fund ...and more! Links to the full episode in the comments. Thanks to Synaptic for supporting the show. If you’re looking to improve your sourcing, tracking, and due diligence, check them out.

We're super excited to announce our new $40m fund, Humba Ventures II! Our singular focus is backing early-stage founders building ambitious deep tech and American Dynamism companies. After running Humba Ventures for three years, we continue to believe that building and investing in advanced technologies and critical sectors is more important than ever. Companies can have a huge impact while benefiting from incredible funding and recruiting opportunities. This wasn’t the case a decade ago, when most deep tech founders came from academia, and few VCs were willing to back them. Today, founders and early hires are spinning out from companies like SpaceX and Palantir, and VCs have their checkbooks ready. There's also been a misconception that deep tech is very capital intensive. That may have been true 10+ years ago but the costs of fundamental technologies like gene sequencing and sensors have plummeted, allowing talented teams to accomplish A LOT with a typical seed round. We're excited to double down on these teams with our $40m fund. We've already been fortunate enough to partner with companies like Mytra, Antares, and Northwood, and we're eager to meet other ambitious teams. If that's you, reach out to me and Anna-Sofia Lesiv! https://lnkd.in/eW-RUsi9

Beyond excited to share that Lightyear has raised a $31M Series B led by Altos Ventures! In the past three years since our A, we've quietly turned a somewhat simplistic telecom procurement app into a full-fledged "Telecom Operating System" that addresses the entire enterprise telecom lifecycle from procurement to inventory to bill payment. Lightyear is now utilized by 300+ enterprises, including several in the Fortune 500, and by thousands of IT professionals daily. All of this is exciting to reflect on but we're far from done. None of this would've been possible without the amazing work of our team, all of whom I'm immensely grateful to work with every day. Thank you especially to Ryan Schrack who has been by my side since the very beginning. Let's continue fixing business telecom. Press release linked here for more detail: https://lnkd.in/e9XMic6S Zac Mohring, Anthony Lee, Alexander Rosen, Yousuf Khan, Samuel Garcia, Brendan Baker, Akriti Dokania, Sheel Tyle, Gokul Rajaram, Eric Tarczynski, Will Robbins, Kyle Harrison, Jake Poliskin, David Adelman, Courtney Buie Lipkin, Chad Byers, Dan Teran, Zach Weinberg, Zach Goldstein, Jonathon Triest, Brett deMarrais, Dave Eisenberg, Ryan Orley, Guy Johnston, Mark Ghermezian, Mark Cuban, Michael Rapino, Alex Levin, Rebecca Greene, Cameron Coker

We are excited to announce our $30M Series A fundraise, led by Alt Capital and Caffeinated Capital, to accelerate the demonstration of our first microreactor. Since raising our seed round a year ago, we’ve finalized our core design, demonstrated our first heat pipe, machined graphite for our core, kicked off power conversion and control systems designs, joined INL’s front end engineering and experiment design (FEEED) program, and won $4.3M in DOD and DOE funding. We plan to use this round of capital to expand our R&D and manufacturing capabilities and complete our first electrically-heated demonstration unit, scheduled for completion in early 2025. Thanks to our new and existing investors for their support, including Shine Capital, BoxGroup, Alice Lloyd George, Shrug Capital, Uncommon Capital, Banter Capital, as well as national laboratory partners including Idaho National Laboratory, Savannah River National Laboratory, Oak Ridge National Laboratory, and Sandia National Laboratories. We’re also delighted to welcome Jack Altman to the Antares board. You can read more about the latest at Antares and check out open roles at Antares at our website. Don’t hesitate to get in touch if you’d like to learn more! https://lnkd.in/edFwT5sd

Valdera is thrilled to announce our $15M Series A led by Index Ventures! With the industry’s confidence behind us, we have also welcomed notable current and former executives from Procter & Gamble, Estée Lauder, Unilever, Nestlé, Bayer, Henkel, Polycoat, and SAP Ariba as investors and advisory board members. We would also like to thank our existing investors, Susa Ventures, Lerer Hippeau, and BoxGroup for their continued participation. Valdera’s chemical & raw material sourcing platform is being used by leading household brands, industrial giants, and Fortune 500 manufacturers to streamline their supply chains. Our mission is to help manufacturers to create the next generation of products — faster, safer, and more sustainably than ever before. By integrating proprietary AI and real-time market data, Valdera is transforming how manufacturers discover and qualify suppliers. We are so grateful to all of our customers, team members, investors, and partners that have joined us on this important mission! Thank you for believing in us. Reach out to us on LinkedIn and check out our new website! 🌐 https://www.valdera.com/ 📰 Valdera in the news: https://lnkd.in/grZBszcY 📌 Our press release: https://lnkd.in/g2MQDCks 🎥 Watch our journey unfold: https://lnkd.in/g6sa7Qf9 #Valdera #SeriesA #Chemicals #RawMaterials #SourcingAI #SupplierDiscovery #SupplyChainInnovation #SupplyChain #Procurement

We’re officially emerging from stealth with $6 million in seed funding to revolutionize conversational marketing, starting with Instagram and WhatsApp! https://hubs.li/Q02SxlRj0 We’ve loved every minute of our journey thus far. From our inspiring design partners to our innovative team, each person and every conversation has made Tildei better each day. This funding round, led by Susa Ventures and joined by Ludlow Ventures, Gradient, Lerer Hippeau, and many others, is a testament to our belief in transforming how brands connect with customers. Curious to see how AI-powered conversations can empower customers and elevate marketers? Grab some time and we’ll show you how you can build conversations in minutes. #ConversationalMarketing #MarketingAI #WhatsAppMarketing #InstagramMarketing

Valdera is thrilled to announce our $15M Series A led by Index Ventures! With the industry’s confidence behind us, we have also welcomed notable current and former executives from Procter & Gamble, Estée Lauder, Unilever, Nestlé, Bayer, Henkel, Polycoat, and SAP Ariba as investors and advisory board members. We would also like to thank our existing investors, Susa Ventures, Lerer Hippeau, and BoxGroup for their continued participation. Valdera’s chemical & raw material sourcing platform is being used by leading household brands, industrial giants, and Fortune 500 manufacturers to streamline their supply chains. Our mission is to help manufacturers to create the next generation of products — faster, safer, and more sustainably than ever before. By integrating proprietary AI and real-time market data, Valdera is transforming how manufacturers discover and qualify suppliers. We are so grateful to all of our customers, team members, investors, and partners that have joined us on this important mission! Thank you for believing in us. Reach out to us on LinkedIn and check out our new website! 🌐 https://www.valdera.com/ 📰 Valdera in the news: https://lnkd.in/grZBszcY 📌 Our press release: https://lnkd.in/g2MQDCks 🎥 Watch our journey unfold: https://lnkd.in/g6sa7Qf9 #Valdera #SeriesA #Chemicals #RawMaterials #SourcingAI #SupplierDiscovery #SupplyChainInnovation #SupplyChain #Procurement