Trousdale Ventures
Canvas Category Consultancy : Company : Venture Capital
Trousdale Ventures is a venture capital investment firm led by founder and CEO Phillip Sarofim. Its portfolio of groundbreaking companies improves quality of life by fueling advances in space and mobility, climate tech and technology-driven health and wellness. Trousdale Ventures seeks to overcome barriers in the fields of health, productivity and sustainability by democratizing wellness and accelerating innovation.
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Phillip Sarofim’s Trousdale Ventures Supports Notpla Series A+ Funding Round
Trousdale Ventures, a global venture capital firm founded and led by Phillip Sarofim, is pleased to announce its participation in the Series A+ funding round for Notpla, the London-based innovators behind a new generation of plastic-free packaging solutions. Notpla’s latest major fundraising round raised more than $25 million, doubling its initial target. This milestone marks a meaningful step forward in Notpla’s mission to replace single-use plastics with sustainable, seaweed-based alternatives, unlocking the potential to replace 100 million single-use plastics per year.
Sarofim and Trousdale Ventures were introduced to the Notpla team and their impact-driven work through their partnership with Lonely Whale, a nonprofit organization working to prevent plastic waste from ending up in the ocean through innovative, collaborative programs. Notpla was one of the winners of the recent TOM FORD Plastic Innovation Prize powered by Lonely Whale, of which Trousdale Ventures was the exclusive venture partner.
This capital injection is a significant vote of confidence in Notpla’s business model and growth strategy. The investment, supported by a diverse group of existing and new investors, including Trousdale Ventures, was led by United Bankers and will accelerate Notpla’s expansion into the North American market while fueling further innovation.
HavocAI Closes $11M Seed Round to Revolutionize Autonomous Uncrewed Surface Vessel Operations
HavocAI Inc., a leading innovator in autonomous uncrewed surface vessel technology, is excited to announce the successful closing of an $11 million Seed round of funding. The round was led by Scout Ventures, co-led by Trousdale Ventures, and saw additional participation from Outlander VC, The Veteran Fund, BV.VC, Decisive Point, Alumni Ventures, and New North Ventures. This strategic investment will fuel HavocAI’s mission to enable ultra low-cost autonomous surface vessels to operate at an unprecedented scale across both defense and commercial markets.
This latest funding will enable HavocAI to expand its production capacity, enhance product development, and accelerate customer acquisition, ensuring that the company remains at the forefront of autonomous uncrewed vessel technology.
CesiumAstro Secures $65M in Oversubscribed Funding Round
CesiumAstro Inc., a leading provider of space communications technology, announced the closing of a $65 million Series B+ funding round. The round was led by Trousdale Ventures, with matching participation from Development Bank of Japan Inc. and Quanta Computer, Inc. Renowned investors, including Kleiner Perkins, Lavrock Ventures, L3Harris Technologies, InMotion Ventures (JLR’s investment arm), Matter Venture Partners, MESH Ventures, and Assembly Ventures, also joined the round.
This investment validates CesiumAstro’s innovative approach to space communications technology, as exemplified by their industry-leading Vireo multi-beam Ka-band active phased array payload and provider-agnostic Skylark SATCOM terminal, which are disrupting the space communications landscape.