Portfolio

We’re a quarter of the way through 2026, and the V1 family is off to a fast start. Across the portfolio, teams are building with urgency, laying the groundwork for what we expect to be another strong year ahead. Before we get too far into Q2, we wanted to take a moment to share a […]

We’re a quarter of the way through 2026, and the V1 family is off to a fast start. Across the portfolio, teams are building with urgency, laying the groundwork for what we expect to be another strong year ahead. Before we get too far into Q2, we wanted to take a moment to share a few highlights and updates from the past few months. As always, this is just a snapshot of what we can share publicly.

Fundraising, Accolades and Changes

Pluto Mobility announced their seed round, which we led. They’re building delivery-grade electric vehicles purpose-built for last-mile logistics. We shared more on why we’re excited in our investment announcement.

Shellworks announced their $15M Series A this quarter. They’re building compostable, biomass-based packaging solutions as an alternative to plastic. Read more here.

Neo Financial raised nearly $70M in equity from mostly Canadian investors, supporting a move toward a securitization model typically used by major banks—more details here

Pickle Robot was named in Fast Company’s most innovative companies list for 2026.

Moment Energy earned a spot on the 2026 Global Cleantech 100, a leading benchmark recognizing companies best positioned to shape the future of clean energy—highlighting their leadership in second-life EV battery storage.

The amazing Dani Grant stepped down as CEO of Jam, with Matt Rubright (who has already been leading the Jam team for the last few months) appointed as the new CEO. You can read Dani’s announcement here.  

Updates

MetaMask integrated the Uniswap API as one of its swap providers, expanding access to onchain liquidity, while Uniswap also opened its Developer Platform in beta—marking a step toward more composable DeFi infrastructure.

You can now stake directly with the EtherFi app for greater rewards on your crypto.

With Jam MCP, you can pipe even more context into your AI agent for faster, higher-quality fixes, and now debug directly from ChatGPT with full context from Jams.

Flow foundation burned over 50M FLOW. In the upcoming months, an additional 50M Flow will be acquired for long-term treasury. These initiatives are part of a wider commitment towards $FLOW from the Foundation.

Inflection.io launched its marketing MCP server, helping teams move faster and scale output by bringing more context into AI-driven workflows. 

Loon announced that its CADC stablecoin surpassed $300 million in total volume.

In the spirit of being “AI-native everything,” Ada’s CEO Mike Murchison shared how he built his own AI Chief of Staff to roughly double his productivity. He explains how here

And from us—if you missed it: five posts that define how we think. A snapshot of the ideas that continue to shape how we invest and support founders

As always, you can stay up to date with news as it happens by following us on [X] and LinkedIn.

Version One

Over the past 13+ years, we’ve written a lot on this blog — investment announcements, portfolio recaps, year-in-reviews. But a handful of posts have captured something deeper: the ideas and convictions that actually guide how we invest. If you’re a founder trying to understand what makes us tick, or just curious about how our thinking […]