Advection Portfolio
Advection has a simple model. We find capital for companies that fit our investment criteria:
We are sector-agnostic and seek disruptive models which can transform industries or, through innovation and approach, create whole new markets
We are stage-agnostic, with a focus on late-seed, A and B rounds;
We know founders, senior executives and/or lead investors very well and are confident in their integrity and competence;
We see a path to 5x to 10x returns from our entry point, with contained risk for capital loss.
We stay close with our portfolio companies and assist with strategic and operational matters. We seek to drive value creation through trusted advice, knowledge, alignment and long-term commitment.
$275m+ invested or committed
67 Issuances
36 Companies/ Funds
Sort By:
| Company Name | Sector | Description | Issuances |
|---|---|---|---|
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Healthtech / Biotech | Health data interoperability | Series B | 2026 Series A-1 | 2023 |
| |
Healthtech / Biotech | Cardiac immunotherapy | Series A-1 SPV | 2026 |
| |
Aero / DeepTech | Enterprise AI Data | SAFE Notes | 2026 |
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Healthtech / Biotech | Medical device PE fund | Fund II | 2026 Fund I | 2022 |
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Healthtech / Biotech | Fetal monitor and care management platform | Supersenior Notes | 2026 Convertible Notes | 2025 |
![]() Beren Therapeutics |
Healthtech / Biotech | Neurodegenerative disease | Convert Note | 2026 Series A+ SPV | 2025 |
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Fintech | UHNW life insurance | C Preferred Shares | 2025 |
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Fintech | Rate swaps exchange | SAFE Notes 2 | 2025 SAFE Notes | 2025 Seed 4 | 2024 Seed 3 Ext. | 2023 Seed 3 | 2023 Seed 2 | 2022 |
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Aero / DeepTech | Crewed orbit vehicles | Convert 2025 | 2025 Seed 2 | 2021 Convertible Note | 2021 Bridge Note | 2021 Convertible Note | 2018 Seed | 2018 |
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SaaS | Early stage SaaS fund | Fund II | 2025 Fund I | 2021 |
| |
Healthtech / Biotech | Robotic surgery | Series D-2 | 2025 |
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Healthtech / Biotech | Medical device | Series B | 2025 |
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General | Valet trash services | Debt | 2025 Convertible Preferred | 2025 |
| |
Healthtech / Biotech | Inflammatory disease | Common | 2024 Series A-9 | 2022 Series A-9 | 2022 Series A-9 | 2021 |
![]() HEPCO Capital Management |
General | De-SPAC opportunities | Opportunity Fund I | 2023 |
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Aero / DeepTech | Solar heavy-lift autonomous aircraft | Convert Note 2nd Close | 2023 Convert Note | 2023 Series A | 2020 |
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Aero / DeepTech | High-efficiency jetliner | Series A | 2023 |
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Fintech | Payments as a Service | Series B | 2022 SAFE Notes | 2021 |
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Fintech | Early stage fintech fund | Fund II | 2022 Fund I | 2020 |
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F&B | English sparkling wine | Series B | 2022 |
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SaaS | Short duration warehousing | Convertible Note | 2022 Series A | 2022 Series A | 2021 Seed | 2020 |
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Fintech | Payments tech/engagement | Series A | 2022 |
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Digital Media | Education tech | Series C | 2020 Convertible Note | 2022 |
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Digital Media | Video as a Service | Bridge Note | 2022 Series A | 2020 Convertible Note | 2019 |
![]() Commonwealth Fusion Systems |
Aero / DeepTech | Tokamak fusion | SPV | 2021 (Investment Only) |
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SaaS | Luxury rental/ WFH | Series A | 2021 (Investment Only) |
![]() Sanas |
Digital Media | Speech technology | SAFE Notes | 2021 (Investment Only) |
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F&B | Grocery subscription | Financing | 2021 (Investment Only) |
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Healthtech / Biotech | Mental health telehealth | Preferred | 2021 (Investment Only) |
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F&B | Adult beverages | SPV | 2021 (Investment Only) |
| |
General | Auto manufacturing tech | Financing | 2020 (Investment Only) |
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SaaS | Sports sponsorships. Exit to TeamSnap | Convertible Note | 2019 Seed | 2018 (Investment Only) |
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SaaS | Cloud-based coding tools | Series A | 2019 Seed | 2018 (Investment Only) |
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General | Middle-market PE fund | LP | 2018 |




























