Anzu Partners

We are thrilled to share that EnCharge AI has closed an oversubscribed $100M Series B, led by Tiger Global Management! Anzu Partners is proud to have been an early investor, leading their Series A in 2022. EnCharge AI is revolutionizing AI hardware with a breakthrough approach to efficiency that will have a transformative impact on AI computing, powering applications beyond the data center and enabling a more sustainable future for AI. Congratulations to Naveen Verma, Kailash Gopalakrishnan, Echere Iroaga, and the entire EnCharge AI team on this major milestone! We're excited to continue supporting their journey as they scale and innovate. Learn more from Jimmy Kan, Board Member, about why we invested below ⤵️ 🔗 Read more about this exciting announcement here: https://lnkd.in/gx36iQAg

Exciting news from BioFlyte, Inc.! The company has been awarded an AFWERX Small Business Innovation Research (SBIR) Phase I contract. The goal of the project is to demonstrate how its BioToF™ z200 aerosol threat detection technology can help protect military personnel and critical infrastructure against biological and chemical threats. Congratulations to the BioFlyte team! Read more in the press release below ⬇️ #biothreat #threatdetection #chemicalthreat #defense

Hunter Brown, Ittie Rehani and Joseph Clark III are attending the Dual Use Technology Showcase Wednesday, February 5th, at District Winery in DC’s Navy Yard. Hosted by the Global Corporate Venturing Defense Council, this event will highlight the latest innovations shaping the future of Defense Tech, AI, Mobility, and Sports Tech. With support from Comcast, RTX, SRI, 3M, and Anzu Partners, the event will feature: - A fireside chat with the Vice President of Security at a Fortune 500 technology & telecommunications company - A portfolio showcase offering a firsthand look at emerging technologies - Expert-led discussions on the evolving landscape of dual-use innovation – including a panel featuring Anzu Partners’ Hunter Brown. For investors, this is a unique chance to engage with pioneering startups, explore investment opportunities, and gain insights into the future of dual-use applications. There’s still time to register—RSVP today: https://lnkd.in/gcpq8bwC #DualUseTech #CVC #CorporateVenturing #Innovation #DefenseTech #AI #Mobility #SportsTech #Networking #GCVDefenseCouncil

Exciting insights from the Volta Foundation’s 2024 Battery Report! Wendy Papakostandini, Principal, Talent at Anzu Partners, co-authored the Talent section, highlighting critical workforce trends shaping the future of the battery industry. As demand for battery technology grows, so does the need for skilled talent—but attracting and retaining that talent comes with challenges. Here are some key takeaways: ➡️ In-demand skills: Manufacturing, Scale-up, and Process Engineering are the most sought-after expertise. ➡️ Hiring trends: 50% of professionals are actively job hunting, signaling both opportunity and competition in the industry. ➡️ Candidate skills: Hiring managers value non-technical skills more than many candidates realize. ➡️ Retention challenges: While professionals are drawn to the industry’s challenges, salary remains a key driver of turnover. ➡️ Gender pay gap: Women earn 30% less at the entry level despite reporting similar job satisfaction. ➡️ Global salaries: The U.S. leads in pay, but salaries plateau earlier compared to Europe, where they continue to grow with age. For more insights, read the full report here: https://lnkd.in/e6zz4wwf #BatteryIndustry #TalentTrends #WorkforceDevelopment #VoltaFoundation

In our recent newsletter, we reflect on a year of progress, innovation, and strategic growth across the Anzu Partners portfolio as we set the foundation for 2025. Key highlights include: - Anzu-Green Critical Technologies Fund welcomes James “Hondo” Geurts and General Mike Murray as venture partners - Nature's Toolbox, Inc. (NTx) secures $15M in venture debt financing from J.P. Morgan - GelSight introduces Mobile 4.0 software with automated image stitching and expanded 2D measurement tools - Opscura, Xendee, and Codetta Bio™ strengthen leadership with new board members and advisors - Anzu Partners signs an agreement to acquire voxeljet AG Plus, a look back at milestones like TIME Magazine’s Best Inventions of 2024, partnerships with Meta, Blue Origin, and Siemens, and $300M+ raised by our portfolio companies.

Congratulations to Anzu portfolio company Niron Magnetics, Inc.! The company has been awarded $52 million to advance the construction of the world’s only manufacturing facility of powerful, rare-earth-free permanent magnets in Sartell, Minnesota. This facility will help propel U.S. manufacturing of rare-earth-free magnets, supporting sustainable magnet production and domestic supply chain resilience. Read more in their press release linked below.

Stay connected with Anzu! Sign up for our monthly newsletter to receive the latest updates on our firm and portfolio companies, including financing rounds, technical breakthroughs, commercial advancements, and more. Subscribe now: https://lnkd.in/em9ZfphB #Newsletter #Subscribe #VentureCapital #LifeSciences #DeepTech

Congratulations to Anzu portfolio company e-Zinc for being named to the 2025 Global Cleantech 100 list by the Cleantech Group, marking its 4th consecutive year of recognition! e-Zinc’s innovative energy storage technology is driving progress toward affordable, clean, and reliable energy solutions worldwide. Download the full report to explore the groundbreaking companies shaping the future of cleantech: https://lnkd.in/eBP3DsW #GlobalCleantech100

Key Takeaways from CES 2025 🚀 Jimmy Kan, Partner at Anzu Partners, shared his perspective on this year’s CES event, highlighting both exciting trends and challenges in breakthrough technologies related to consumer electronics: 1. AI Everywhere: Many products now feature generative AI integrations—sometimes in unexpected places (like brisket-cooking AI and AI-powered washing machines that can make calls). Companies are racing to humanize AI to make features feel more intuitive and relatable, with terms like “Affectionate Intelligence” becoming popular. 2. AR Glasses Achieving Real Progress: Unlike previous iterations, AR glasses now exhibit meaningful advancements in both hardware and user experience (size, weight, battery life), with multiple vendors unveiling more polished, usable models—a sign that real-world deployment may finally be catching up with years of hype. 3. Humanoid Robotics and Touch Sensing: Pressure sensing and force feedback were recurring themes in next-generation robotic products, especially in humanoid form factors. GelSight, an Anzu portfolio company, utilizes tactile sensing technology for advanced touch applications. 4. Local AI for Edge Computing: A major theme was smaller AI models (such as SLMs) running locally on devices, addressing critical concerns around latency, security, and privacy. EnCharge AI, another portfolio company, is innovating in this space by developing highly energy-efficient AI accelerators for on-device computation. 5. OLED Displays Expanding in Scope: OLED technology is finding new applications beyond smartphones, particularly in high-performance displays for gaming and professional workstations. Companies like OTI Lumionics are advancing OLED materials to improve efficiency and sensing capabilities for next-gen displays. Jimmy’s Take: We’re entering a phase of widespread on-device AI experimentation, similar to the early days of IoT. While most applications will fall flat, a few standouts could become the next big category of consumer products, like Ring or smart fitness trackers did years ago with IoT. With AI deployment becoming more affordable and accessible, smaller companies can finally compete alongside tech giants. Check out the highlights of what Jimmy saw at CES below! #CES2025 #Innovation #AI #AR #Robotics #TactileSensing #OLED

Anzu Partners is gearing up for the 43rd Annual J.P. Morgan Healthcare Conference in San Francisco next week. Several Anzu life sciences portfolio companies will be in San Francisco. For more information or to set up a meeting, please reach out! BioSkryb Genomics Codetta Bio™ CytoTronics Excision BioTherapeutics InterVenn Biosciences Nirrin Nature's Toolbox, Inc. (NTx) TeraPore Technologies, Inc. Follow this thread to see all the latest PC news ⤵️ We are looking forward to connecting next week! David Michael David Seldin Cathryn Paine Jenna Abelli Joseph Clark III Pia Jean Brandt #JPM2025 #AnzuPartners