Friends & Family Capital

With an increase in tariffs, companies look to optimize their supply chains to help control costs.?Since components for a single product are often sourced from multiple countries, businesses must stay proactive to ensure continuity. ?????? ???? ??????????????:? The White House’s Section 232 tariff expansion will impact 15 times more companies than in 2020. The expansion will impact industries from automotive and transportation to scientific manufacturing and construction. The latest tariffs cover a wider range of goods, including metal furniture, screws, bolts, aircraft parts, and baseball bats. ???? ???????? ?????????? ?????? ???? ???? ?????? ????????:? ? Nearly 200K U.S. companies conducted 11 Million+ import transactions on steel and aluminum derivatives in 2024, which are now subject to tariffs ? Those transactions were valued at more than $350 Billion, compared to $17 Billion under 2020 tariffs ? The auto industry, the largest U.S. aluminum importer, faces the biggest impact followed by civil engineering, mining, and hardware manufacturers ? ?????? ????????????: Without deep visibility into product-level value chains, companies face higher costs, supply chain delays, and compliance challenges. Hidden dependencies across global supplier networks can amplify financial and operational disruptions. ? ?????? ???????????????????? ???????????? ?? ????????????????:? AI-powered supply chain intelligence can help enterprises pinpoint tariff exposure, identify supplier risks, and find alternative sources to maintain resilience. ? Altana’s Tariff Scenario Planner gives businesses enhanced visibility into their supply chains, which helps companies: ? ???????????????? ????????????????:?See the precise share of product costs impacted by the new tariffs, down to the shipment level ? ???????????????????? ???????????????? ??????????????????????????: Identify which suppliers pose the highest risk, to execute the right diversification strategy ? ???????? ?????????????????????? ?????????????? ????????????:??Search for qualified suppliers outside of affected trade lanes to reduce risk and maintain supply continuity ? As global trade evolves, companies need real-time insights to successfully navigate a dynamic environment. ???????????? ???????????????? ???? ????????????

?????? ?????????? ?????? ???? ???????? ????????????????: “An Unknown Environment” ? ????????????????'?? ???????????????sparked dialogue on model commoditization and the path of LLMs ? ???????????????? ?????????????? ???????????????halfway through the earnings period due to changes in federal policies ? ???????? ?????????????????? ???????????????? ?????? ?????????????? ?????????????????? ???????????????????in the quarterly earnings period ? ???? ?????????????????????????may not be a new product SKU, but rather incorporated as part of the primary offering ? ????% ???? ???????????????????both beat estimates and had analysts raise estimates on revenue and EPS

?????? ????????: talented people know talented people! A number of our portfolio companies are actively hiring key finance roles, here is an inside look. Interested or know any great finance & accounting leaders? Share with your network, apply directly, or DM us for more info. #hiring #careers

Ditto announced an?$82 Million Series B?to help pioneer the?edge-connectivity revolution. ? ???? ?????????? ?????? ???? ???? ?????? ????????: ? Ditto closed an $82M Series B fundraise.? ? Strong performance drives value: Customer count doubled and ARR grew 250% in the last year. ? Ditto helps transform?how businesses connect, sync, and operate at the edge and?is trusted by Chick-fil-A, Delta, Lufthansa, and Japan Airlines.? ? Ditto secured its largest government contract to date, a multi-year deal with the U.S. Air Force. ?????? ???? ??????????????: Traditional cloud architectures struggles to keep up with the with the billions of edge devices and deskless workers that drive global operations today. Unreliable connectivity at the edge has slowed innovation — until now. Ditto’s mobile database with built-in edge connectivity and resiliency?helps enable seamless operations without Wi-Fi, servers, or cloud dependency. ? ?????? ????????????: ??Improved connectivity?for frontline workers and edge devices. ??Boosts enterprise efficiency and operations even in connectivity-challenged environments. ??Drives real-time processing closer to where data is generated, which reduces infrastructure costs and unlocks new possibilities. ? ????????’?? ????????: This funding will help drive Ditto’s global expansion, deepen its partnerships with cloud database vendors, and fuel new product innovation. Read more about the mission here: https://lnkd.in/g23m6FiP Congratulations to the entire Ditto team on this milestone!

Modern technology in public safety is both an upgrade and a necessity. Peregrine builds the infrastructure that first responders and agencies need to make faster, more informed decisions while safeguarding privacy. ? Friends & Family Capital supported this vision from the start.?We are honored to continue to partner on their mission.

NAES and Gecko Robotics Join Forces in $100 Million AI & Robotics Deal to Modernize U.S. Power Grid. ???? ???????? ?????????? ?????? ???? ???? ?????? ????????:? ? NAES, an independent power operator in the U.S., and Gecko Robotics have announced a $100 Million+ multi-year partnership. ? The agreement aims to modernize power plants, leveraging robotics and AI to improve reliability and efficiency. ? This initiative follows the White House’s recognition of an energy emergency and the growing demand for power—set to increase by 16% in four years. ??????????????????????????: The U.S. power grid is under increasing pressure due to rising energy consumption from AI, data centers, transportation electrification, and industrial resurgence. NAES and Gecko’s partnership brings AI-driven insights, predictive maintenance, and robotics automation to critical power facilities to extend asset lifespans, reduce downtime, and enhance safety. ???????????????????: ? AI-powered platforms will optimize plant performance, reducing reactive maintenance by 80% and doubling asset lifespans. ? Gecko’s robotic data collection enables predictive analytics and improves operational efficiency at scale. ? The initiative addresses workforce challenges and attracts top talent by integrating advanced technology into the power sector. As energy demand surges, partnerships like this demonstrate the role of AI and robotics in securing a more resilient and efficient power infrastructure. Congratulations to Jake Loosararian and the entire team on this important milestone. ???????????? ???????????????? ???? ?????????? ????????????????.?

Verkada secures $200 Million Series E at a $4.5 Billion valuation, to build the operating system for the physical world.? ? ???? ???????? ?????????? ?????? ???? ???? ?????? ????????: ? Verkada protects people and places in a privacy-sensitive way ? Customer base has grown to 30,000+ organizations across diverse sectors ? 91 Fortune 500 companies now rely on Verkada's platform ? Over 8,000 resellers and integrators in the Partner Program ? ?????? ???? ??????????????: Verkada's approach brings ease-of-use to enterprise security and builds a unified platform that spans cameras, access control, alarms, sensors, and more -- all managed through a single software interface. ?????? ????????????:? Verkada delivers measurable outcomes: enhanced security operations for tens of thousands of organizations, streamlined monitoring across multiple locations, and integration of previously siloed systems. The ability to start with cameras and expand to complete security coverage demonstrates the platform's power to transform enterprise operations. Congratulations to Filip and the entire Verkada team!

The industrial edge has been AI's blind spot. Until now. ? Aramco Digital, Armada, and Microsoft just launched the industrial distributed cloud – a new paradigm for AI-powered automation at industrial sites.? ? ???? ???????? ?????????? ?????? ???? ???? ?????? ????????:? Armada’s Galleon edge data centers process AI workloads on-site? Satellite-backed connectivity ensures reliable operations in remote locations Cloud + edge fusion brings AI-driven safety and real-time monitoring ? ?????? ???? ??????????????: Industrial sites operate in extreme conditions that demand fast, reliable decisions. Operators in these remote sites struggle with latency, connectivity gaps, and data security risks. This system puts AI directly at the edge where it is well suited to address connectivity gaps that operators manage daily.? ? This deployment in Saudi Arabia signals how global energy hubs advance industrial modernization through digital transformation. The ability to process data locally while maintaining cloud connectivity offers a glimpse into the architecture that will help define the next decade of industrial operations. Images courtesy of Armada.

Delighted for the next chapter of the journey. Excited for the Mosaic.tech team!

?????? ????????: talented people know talented people! A number of our portfolio companies are actively hiring key finance roles, here is an inside look. Interested or know any great finance & accounting leaders? Share with your network, apply directly, or DM us for more info. #hiring #careers