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CATALYST
Fund (IRA)
Exposure to Groq,* Perplexity,* and More with One Investment
After selling out our first five Funds, you now have access to the Catalyst Fund (IRA), featuring leading names in AI (Groq,* Perplexity,* d-Matrix, Conifers*), security and defense (Saildrone,* CHAOS Industries*), and robotics (Agility Robotics,* Gecko Robotics). Limited to 100 spots. Self-Directed IRA Only.
Minimum Investment $22,435
This Reg D 506(c) offering is made available through StartEngine Primary, LLC, and the securities are being offered and sold only to accredited investors through general solicitation. This investment is speculative, illiquid, and involves a high degree of risk, including the possible loss of your entire investment.
* Indirectly owned; specifically, entitled to an economic interest in the underlying company through ownership of Special Purpose Vehicle (“SPV”) interests. See Footnote 3 for additional details.
Fund Breakdown
Anticipated breakdown assuming a fully subscribed offering:
* The allocation percentages may slightly change based on how much capital will be raised for the fund. Some of the allocations might not have direct share ownership based on the transfer restrictions out of our control, however, the fund will be a direct beneficiary.
** Indirectly owned; specifically, entitled to an economic interest in the underlying company through ownership of Special Purpose Vehicle (“SPV”) interests. See Footnote 3 for additional details.
CEO & Co-Founder of StartEngine
“The Catalyst Fund (IRA) is about one thing: making it simple to gain exposure to innovation across industries. Why choose between AI, robotics, or defense when you can get a piece of all three?”
Reasons to Invest
Challenging NVIDIA With Low Latency and Fast Inference
Groq is aiming to take on NVIDIA with “amazingly low latency” and “extremely fast inference. Groq’s “language processing unit” (LPU) could potentially boost ChatGPT speeds by 13x. OpenAI is putting that to the test by launching two open models on GroqCloud. Now, with $1.8B already raised from investors like Blackrock, Groq is reportedly nearing a new $600M round at a near $6B valuation.*
AI-Powered Search Engine Competing with OpenAI
Perplexity is the ChatGPT competitor backed by NVIDIA and Jeff Bezos. The company has just secured another $500M in funding at a $9B valuation just five months after SoftBank’s investment at a $3B valuation. The company reported 400 million monthly search queries in the U.S. — a significant jump from 500M total queries reported in 2023. The company is on track to multiply annualized revenues by 5X since the beginning of 2024.*
A Novel Solution for AI Data Bottlenecks
With Corsair, d-Matrix is enhancing performance, energy efficiency, and cost savings for modern AI workflows.³ Notably, d-Matrix increased throughput 9x better than NVIDIA’s H100 GPU and 27x better than the company’s A100 GPU. Since 2019, has raised $154M from a long list of established investors like Temasek and M12 (Microsoft’s Venture Fund).*
Next-Gen Tech for Defense & Critical Industries
CHAOS Industries is building next-gen technologies for defense, government, and industrial applications. Founded in 2022, CHAOS has already raised $490M from an impressive syndicate of investors, including established VCs like Accel and New Enterprise Associates. The firms co-led the company’s latest round: a $275M Series C in May 2025 raised at a $2B valuation.*
* Indirectly owned; specifically, entitled to an economic interest in the underlying company through ownership of Special Purpose Vehicle (“SPV”) interests. See Footnote 3 for additional details.
There is no guarantee the valuation, revenue and growth for these companies will continue. Valuations referenced are from private placements and do not represent a public-market price. These securities are illiquid, and any future trading, if available, may occur at materially lower prices than these valuations.
There is no guarantee the valuation, revenue and growth for these companies will continue.
About the Portfolio Companies
Groq is aiming to take on NVIDIA with “amazingly low latency” and “extremely fast inference. Unlike graphics processing units (GPU) offered by NVIDIA and AMD, Groq’s “language processing unit” (LPU) uses static random-access memory (SRAM) to provide AI inference in the cloud and in on-prem AI compute centers. Groq’s LPU could potentially boost ChatGPT speeds by 13x. OpenAI is putting that to the test by launching two open models on GroqCloud. Now, with $1.8B already raised from investors like Blackrock, Groq is reportedly nearing a new $600M round at a near $6B valuation.After xAI acquired X in an all-stock deal, Elon Musk’s AI venture now carries an $80B valuation, with a combined post-merger value of $113B (including $12B of debt from X). The move follows a $6B Series C that helped xAI expand its Colossus supercomputer, “one of the most powerful AI clusters to date.”
Valuations referenced are from private placements and do not represent a public-market price. These securities are illiquid, and any future trading, if available, may occur at materially lower prices than these valuations. This information was reported by a third party and has not been publicly confirmed by the company involved or independently verified by StartEngine Primary, LLC. See footnote 12 for additional info.* Indirectly owned; specifically, entitled to an economic interest in the underlying company through ownership of SPV interests. See footnote 11 for additional details.
* Indirectly owned; specifically, entitled to an economic interest in the underlying company through ownership of Special Purpose Vehicle (“SPV”) interests. See Footnote 3 for additional details.
Raised as of July 2025: $1.80B (through Series D-3)
Notable Investors: BlackRock, Cisco Investments, Samsung Catalyst Fund, Neuberger Berman
Leadership Team: Jonathan Ross, CEO & Founder was previously a hardware engineer at Google, where he helped develop AI and machine learning technologies.
Press:
1. Sacra Equity Research: Groq
2. Yahoo! Finance: Groq CEO Talks OpenAI Partnership & New GPT-5 Model
3. AI Magazine: Groq’s European AI Data Centre Expansion with Equinix
4. VentureBeat: Groq Just Made Hugging Face Way Faster — and It’s Coming for AWS and Google
The information above may not be accurate or complete and has not been independently verified. See footnote 12.
You can read more about Groq here.
Perplexity is the ChatGPT competitor backed by NVIDIA and Jeff Bezos. In August, Business Insider reported the company is seeking a new round at a $20B valuation, a month after raising $100M at an $18B valuation. Perplexity also made a $34.5B bid to purchase Google's Chrome browser. The company reported 400 million monthly search queries in the U.S. — a significant jump from 500M total queries reported in 2023. The company is on track to multiply annualized revenues by 5X since the beginning of 2024.Perplexity is the ChatGPT competitor backed by NVIDIA and Jeff Bezos. The company has just secured another $500M in funding at a $9B valuation just five months after SoftBank’s investment at a $3B valuation. The company reported 400 million monthly search queries in the U.S. — a significant jump from 500M total queries reported in 2023. The company is on track to multiply annualized revenues by 5X since the beginning of 2024.*
Valuations referenced are from private placements and do not represent a public-market price. These securities are illiquid, and any future trading, if available, may occur at materially lower prices than these valuations. This information was reported by a third party and has not been publicly confirmed by the company involved or independently verified by StartEngine Primary, LLC. See footnote 12 for additional info.
* Indirectly owned; specifically, entitled to an economic interest in the underlying company through ownership of Special Purpose Vehicle (“SPV”) interests. See Footnote 3 for additional details.
Raised as of July 2025: $1.53B (through Series E-4)
Notable Investors: NVIDIA, Jeffrey Bezos/Bezos Expeditions, The SoftBank Group, Bessemer Venture Partners
Leadership Team: Aravind Srinivas, CEO & Co-Founder was previously a Research Specialist at OpenAI.
Press:
1. Bloomberg: AI Startup Perplexity Closes Funding Round at $9 Billion Value
2. TechCrunch: Perplexity brings ads to its platform
3. AdWeek: EXCLUSIVE: Perplexity Is Quietly Building an AI-Powered Shopping Experience, Taking On Amazon
The information above may not be accurate or complete and has not been independently verified. See footnote [X].
You can read more about Perplexity here.
With Corsair, d-Matrix is enhancing performance, energy efficiency, and cost savings for modern AI workflows. Notably, d-Matrix increased throughput 9x better than NVIDIA’s H100 GPU and 27x better than the company’s A100 GPU. Since 2019, has raised $154M from a long list of established investors. That includes a $110M Series B in 2024 led by Temasek and a $44M Series A in 2023 joined by M12 (Microsoft’s Venture Fund). The company is carving out a niche in an AI chip market projected to hit $323.1B by 2030.
Raised as of May 2025: $450.19M (through Series C-2)
Notable Investors: Playground Global, M12: Microsoft, Ericsson Ventures, Samsung Venture Investment, Nautilus Venture Partners
Leadership: Founded by Sid Sheth (ex-Inphi, Intel) and Sudeep Bhoja (ex-Inphi CTO, Broadcom).
Press:
1. TechRadar: Tech Startup Proposes a Novel Way To Tackle Massive LLMs Using the Fastest Memory Available to Mankind
2. Business Wire: GigaIO and d-Matrix Advance Strategic Collaboration to Build World’s Most Efficient Scalable Inference Solution for Enterprise AI Deployment
3. TechPowerUp: Corsair by d-Matrix Enables GPU-Free AI Inference
The information above may not be accurate or complete and has not been independently verified. See footnote 12.
You can read more about d-Matrix here.
Saildrone’s unmanned surface vehicles (USVs) are equipped with advanced sensors and proprietary AI to provide persistent insights above and below the sea surface. With more than 2,000,000 nautical miles sailed and 50,000 days at sea, the company has already serviced military, homeland security, and commercial customers, including the U.S. Navy, U.S. Coast Guard, Custom and Border Protection, NOAA, NASA, and more. Just this year, Saildrone has partnered with Palantir, and secured a $60M round, with intent to provide intelligence to countries amid rising threats in Europe.
* Indirectly owned; specifically, entitled to an economic interest in the underlying company through ownership of Special Purpose Vehicle (“SPV”) interests. See Footnote 3 for additional details.
Raised as of May 2025: $246.20M (through Series C-1)
Notable Investors: Emerson Collective, Crowley Maritime Corporation, Lux Capital, Tribe Capital
Leadership: Richard Jenkins, Founder & CEO, a mechanical engineer from Imperial College London who set a world speed record with a wind-powered vehicle.
Press:
1. Sacra Equity Report: Saildrone
2. DefenseNews: NATO Testing Baltic Sea Drones to Track Russian Warships, Freighters
3. Signal: U.S. Navy Saildrones On: Innovative Solutions for a More Secure and Robust Environment
4. Breaking Defense: Saildrone, Palantir Partner to Use AI To Streamline USV Manufacturing, Operations
The information above may not be accurate or complete and has not been independently verified. See footnote 12.
You can read more about Saildrone here.
Founded just 3 years ago, CHAOS Industries has already reached a $2B valuation on its mission to build next-gen defense tech. The first product in this category, Vanquish, is a dual-use, multistatic commercial radar that provides early warning and tracking capabilities against unmanned aerial systems, missiles, and aircraft. Vanquish is powered by the company’s Coherent Distributed Networks, which leverages cutting-edge time synchronicity for advanced sensing, detection, and effects for critical real-world problems. CHAOS has already raised $490M from an impressive syndicate of investors, including established VCs like Accel and New Enterprise Associates.
Valuations referenced are from private placements and do not represent a public-market price. These securities are illiquid, and any future trading, if available, may occur at materially lower prices than these valuations. This information was reported by a third party and has not been publicly confirmed by the company involved or independently verified by StartEngine Primary, LLC. See footnote 12 for additional info.
* Indirectly owned; specifically, entitled to an economic interest in the underlying company through ownership of Special Purpose Vehicle (“SPV”) interests. See Footnote 3 for additional details.
Raised as of May 2025: $490.00M (through Series C)
Notable Investors: Accel, New Enterprise Associates, 8VC, Overmatch Ventures
Leadership: Founded by John Tenet (ex-Epirus, 8VC), Bo Marr, Ph.D. (ex-Epirus CTO), Brett Cummings (ex-8VC, Formation 8), and Gavin Hood (ex-Palantir).
Press:
1. Sacra Equity Report: CHAOS Industries
2. TechCrunch: Defense Tech Funding Sets a New Record This Year
3. LA Times: CHAOS Industries Names Former U.S. Congressman and C.I.A. Veteran Will Hurd as Chief Strategy Officer
4. Crunchbase News: Chaos Industries Lands $70M As Defense Tech Heats Up
The information above may not be accurate or complete and has not been independently verified. See footnote 12.
You can read more about Chaos Industries here.
Conifers has developed a cybersecurity platform designed to transform security operations with smart AI implementation. The company's platform combines advanced data science and AI with deep cybersecurity and SecOps expertise and offers tools to tackle quality and scalability issues, expertise shortages, labor inefficiencies, outdated technology, lack of visibility into risk management, and the inability for proactive detection and response, enabling customers to improve response times, reduce analyst workload, and strengthen overall security posture. Gartner recognized Conifers in the “AI SOC Agents” category for its 2025 Hype Cycle for AI and Cybersecurity Awards. In January, the company announced a $25M round joined by SYN Ventures and Picus Capital.
* Indirectly owned; specifically, entitled to an economic interest in the underlying company through ownership of Special Purpose Vehicle (“SPV”) interests. See Footnote 3 for additional details.
Raised as of Jan. 2025: $25.00M (through Series A)
Notable Investors: SYN Ventures, Picus Capital
Leadership: Founded by Tom Findling (ex-Rapid7, VMware), Alon Yotvat (ex-Rapid7, IntSights), and Mark Kurman (ex-Forescout, WebSense).
Press:
1. Dallas Innovates: Conifers.ai Expands U.S. Headquarters in Dallas
2. AiThority: Interview with Tom Findling, CEO of Conifers.ai
3. GlobeNewswire: Conifers.ai Taps Former RSA, Cylance and McAfee Leaders for Its Board of Directors
The information above may not be accurate or complete and has not been independently verified. See footnote 12.
You can read more about Conifers AI here.
Agility Robotics became a “frontrunner” in commercial humanoid robotics thanks to “Digit,” one of the first humanlike robots capable of working in spaces designed for people. Digit is already moving orders for GXO, unloading machine washers for Schaeffler, and being tested by Amazon. Agility has raised over $641.25M to date from investors like DARPA and Amazon’s Industrial Innovation Fund. In March, The Information reported that Agility is raising a $400M round led by the venture arm of WP Global, with participation from SoftBank. The round would give Agility an estimated $2.1B post-money valuation.
Valuations referenced are from private placements and do not represent a public-market price. These securities are illiquid, and any future trading, if available, may occur at materially lower prices than these valuations. This information was reported by a third party and has not been publicly confirmed by the company involved or independently verified by StartEngine Primary, LLC. See footnote 12 for additional info.
* Indirectly owned; specifically, entitled to an economic interest in the underlying company through ownership of Special Purpose Vehicle (“SPV”) interests. See Footnote 3 for additional details.
Raised as of Jan. 2025: $641.25M (through Series C-3)
Notable Investors: Amazon Industrial Innovation Fund, Softbank Group, Playground Global, DCVC
Leadership: Co-founded by Damion Shelton (Ph.D., Carnegie Mellon) and Jonathan Hurst (Professor of Robotics, Oregon State; Ph.D., Carnegie Mellon).
Press:
1. Bloomberg: Humanoid Robot Development Seen as Vital to the Future of Manufacturing
2. The Verge: Amazon Is Reportedly Training Humanoid Robots To Deliver Packages
3. WIRED: 2025 Is the Year of the Humanoid Robot Factory Worker
The information above may not be accurate or complete and has not been independently verified. See footnote 12.
You can read more about Agility Robotics here.
Gecko Robotics provides robotics and inspection services, particularly for industrial applications. Gecko's complete and connected solutions combine wall-climbing robots, industry-leading sensors, and an AI-powered data platform to provide customers with a unique window into the current and future health of their physical assets. The company has raised $347M to date from investors like USIT, XN, Founders Fund, and Y Combinator. That includes a $125M Series D announced in June, which carried an estimated $1.25B valuation.
Valuations referenced are from private placements and do not represent a public-market price. These securities are illiquid, and any future trading, if available, may occur at materially lower prices than these valuations. This information was reported by a third party and has not been publicly confirmed by the company involved or independently verified by StartEngine Primary, LLC. See footnote 12 for additional info.
Raised as of Jun. 2025: $349.00M (through Series D-1)
Notable Investors: USIT, XN, Founders Fund, Y Combinator
Leadership: Jake Loosararian, CEO & Co-Founder, scaled Gecko from a Carnegie Mellon University project to an est. $1.25B+ robotics company.
Press:
1. World Economic Forum: Bridging AI's 'woeful' data gap can save lives and tackle climate change: Gecko Robotics
2. Marine News: BPMI, Gecko Robotics Partner to Accelerate Aircraft Carrier Component Production
3. The Business Journals: Gecko Robotics partners with U.S. Steel to explore AI-driven infrastructure analysis
The information above may not be accurate or complete and has not been independently verified. See footnote 12.
You can read more about Gecko Robotics here.
Minimum Investment $22,435
When I do invest, what am I purchasing?
Any investment you do make will be for membership interests in the Catalyst Fund (IRA) (Series 6-2 of StartEngine Private Funds LLC) which will own shares or fractional interests in Convertible Interest Rights Agreements of the underlying companies either directly or indirectly. You will not be investing in the underlying companies themselves.
How much of my investment will be allocated to each underlying company?
18% will be allocated to Groq**
16% will be allocated to Perplexity**
22% will be allocated to D-Matrix
8% will be allocated to Saildrone**
13% will be allocated to Chaos Industries**
9% will be allocated to Conifers AI**
7% will be allocated to Agility Robotics**
7% will be allocated to Gecko Robotics
The allocation percentages may slightly change based on how much capital will be raised for the fund. Some of the allocations might not have direct share ownership based on the transfer restrictions out of our control, however, the fund will be a direct beneficiary.
** Indirectly owned; specifically, entitled to an economic interest in the underlying company through ownership of Special Purpose Vehicle (“SPV”) interests. See Footnote 3 for additional details.
This list represents the fund's composition assuming it reaches its maximum investment amount. If the fund does not reach its maximum investment amount, the actual amounts will vary in proportion to their percentage makeup as depicted in the Terms section.
What’s a series limited liability company or series LLC, you ask?
StartEngine Private Funds is the primary or “parent” LLC that comprises one or more distinct series of interest for each underlying asset. The series either directly or indirectly invests in and holds shares of the underlying companies. Each series will be a separate series and not a separate legal entity. Under Delaware law, if certain conditions are met, the liability of investors holding one series of interests is segregated from the liability of investors holding another series of interests and the assets of one series of interests are not available to satisfy the liabilities of other series of interests. In the case of StartEngine Private each series will be created for the purpose of holding an equity interest in stated underlying companies.
How do you determine the share price?
The series of StartEngine Private Funds purchases the underlying securities from an affiliate. The affiliate previously sourced and negotiated the terms to purchase these underlying securities from third parties. The amount paid by the series of the StartEngine Private Funds is higher than the price the affiliate purchased the securities previously in the secondary market. We also note that while StartEngine Advisers LLC does not impose any continuing management fee expenses, there is a carried interest of 20 percent associated with the investment in our series, and therefore to the extent the securities appreciate in value there will not be a one-to-one economic parity between the share value of the StartEngine Private shares and the underlying companies’ shares. Please read the “Risk Factors,'' which is included as Exhibit B to the subscription agreement for further details.
What happens to my investment when an underlying company has a liquidity event?
In the event that an underlying company experiences a liquidity event, after the relevant holding period is over, the proceeds from the sale of the shares will be distributed to investors, minus any applicable fund operating expenses or carried interest. Holding period length varies from company to company.
TERMS
| Company | Type of Share | Up to Total $ | Affiliate Acquisition PPS | Fund PPS* | Up to Shares | Allocation of Funds |
|---|---|---|---|---|---|---|
| Groq, Inc.** | Special Purpose Vehicle (“SPV”) interests with indirect economic interests in Series D-3 Preferred shares | $401,400.00 | $34.94 | $50.00 | 8,028 | 18% |
| Perplexity AI, Inc.** | Special Purpose Vehicle (“SPV”) interests with indirect economic interests in Series A-3 Preferred shares | $348,775.00 | $350.71 | $697.55 | 500 | 16% |
| d-Matrix Corp. | Series C Preferred shares | $500,000.00 | $13.55 | $25.00 | 20,000 | 22% |
| Saildrone Inc.** | Special Purpose Vehicle (“SPV”) interests with indirect economic interests in Series C-1 Preferred shares | $190,000.00 | $6.47 | $9.50 | 20,000 | 8% |
| Chaos, Inc.** | Special Purpose Vehicle (“SPV”) interests with indirect economic interests in Series C Preferred shares | $287,500.00 | $78.30 | $115.00 | 2,500 | 13% |
| Conifers, Inc.** | Special Purpose Vehicle (“SPV”) interests with indirect economic interests in Series A Preferred shares | $202,545.00 | $3.35 | $5.00 | 40,509 | 9% |
| Agility Robotics, Inc.** | Special Purpose Vehicle (“SPV”) interests with indirect economic interests in Series C-3 Preferred shares | $157,500.00 | $72.76 | $105.00 | 1,500 | 7% |
| Gecko Robotics, Inc. | Common Shares | $156,250.00 | $43.65 | $62.50 | 2,500 | 7% |
This chart represents the fund's composition assuming it reaches its maximum investment amount. If the fund does not reach its maximum investment amount, the actual amounts will vary in proportion to their percentage makeup as depicted in the chart.
The value of the offered interests may not be directly equivalent to those of the existing shares of the underlying companies and may have differing material rights, including a carried interest fee of 20%. For securities where the underlying economic interests are through an SPV, there may be additional economic costs related to the ownership through this structure. This offering is not eligible for any bonus shares. Any reference to bonus shares or similar terms should not be interpreted as an offer or entitled to bonus shares.
The allocation percentages may slightly change based on how much capital will be raised for the fund. Some of the allocations might not have direct share ownership based on the transfer restrictions out of our control, however, the fund will be a direct beneficiary.
*The amount paid by the Catalyst Fund (IRA) for the portfolio company securities is higher than the price StartEngine Crowdfunding Inc. previously paid for the securities in the secondary market.
** See Footnote 3 for additional details.
*** See Footnote 12 for additional details.
DISCLAIMERS
1. The underlying companies are not participating or involved in this offering. The availability of company information does not indicate that the company has endorsed, supports or otherwise participates with StartEngine Private Funds LLC or any of its affiliates. StartEngine Private Funds LLC purchases shares from current and former employees, early investors, and advisors of the companies. When you make an investment in a company on StartEngine Private, you are purchasing an interest in Series 6-2 (“Catalyst Fund (IRA)”), a series of StartEngine Private Funds LLC, a Delaware limited liability company (the “Series LLC”), which was created to hold shares of privately held companies. An investor will not directly own or hold shares of the private company but instead will own member interests in a series of the Series LLC, which either directly or indirectly, will hold shares in the company. There may not be a one-to-one economic parity on the value of the Series LLC interests and the underlying shares.
StartEngine Advisers LLC manages the Series LLC and qualifies as an exempt reporting advisor (“ERA”) with the Securities and Exchange Commission pursuant to Rule 203(m)-1 under the Advisers Act.
The underlying securities of Catalyst Fund (IRA)offered herein may be subject to restrictions on transferability and resale including a Right of First Refusal ("ROFR"). As such, the underlying companies have the first right to purchase the securities should Catalyst Fund (IRA) wish to sell or transfer them. This may affect the ability of Catalyst Fund (IRA) to dispose of the securities. Before investing, potential investors should carefully read the offering documents and consult with their advisor to understand the implications of these restrictions.
Expenses, including those for disposing of Portfolio Company Securities, extraordinary expenses, transaction fees (including brokerage fees), administration fees, and insurance fees, will be the responsibility of the Series. These expenses may reduce the amount you receive from a liquidation or distribution event. Additionally, StartEngine Primary LLC representatives may earn commissions for providing recommendations to investors in connection with this offering.
Individual Retirement Account Disclosures
This investment is available exclusively through a self-directed Individual Retirement Account ("IRA"). Eligible investors must have or must open and fund a self-directed IRA in order to participate. Investors interested in opening a self-directed IRA may do so with Equity Trust, which may be done through StartEngine, or with another independent custodian.
Please note that StartEngine Primary LLC is not the custodian of your IRA and does not provide tax, legal, or accounting advice regarding IRA accounts. The custodian is solely responsible for establishing and administering your IRA in compliance with IRS rules, including contribution limits, reporting, and required minimum distributions.
Investors should consult their tax or legal advisor to determine whether this investment is appropriate for their retirement account.
*Equity Trust Company is the custodian of StartEngine IRAs. StartEngine Crowdfunding, Inc. will cover all of Equity Trust Company’s IRA fees for the year when you invest over $20,000 per year through your self-directed StartEngine IRA. If your annual investments through your StartEngine IRA are less than $20,000, you will be responsible for all applicable fees during that year (see StartEngine IRA Fees for details).
2. Unless otherwise indicated, the information on this webpage and our marketing materials for the Catalyst Fund (IRA) is sourced as of August 19, 2025, from PitchBook and Forge Intelligence, websites that maintain a record of the company’s funding rounds, along with their corresponding pre- and post-money valuations. As information on the company, including the valuations, are sourced from publicly available information, we do not guarantee their accuracy or completeness. The data and information may be subject to errors, omissions, or changes over time, and we are not responsible for any inaccuracies in the data and information provided. All the information contained on this page is derived from publicly available data and information, and has not been independently verified by us or any of our affiliates. This information should not be considered as financial or investment advice. Before making any investment decision you should consult your own financial, investment and tax advisors.
3. StartEngine Private Funds LLC (the “Series LLC”) holds economic interests of the following companies through indirect ownership via Special Purpose Vehicle (SPV) interests: Groq, Inc.; Perplexity AI, Inc.; Saildrone, Inc.; Chaos, Inc.; Conifers, Inc.; and Agility Robotics, Inc. There may not be a one-to-one economic parity on the value of the Series LLC interests and the underlying shares.
4. Groq Sources: Karl Freund, “Can Groq Really Take On Nvidia?,” Forbes, Updated August 21, 2024; Source: Groq, “About Us,” Webpage, Accessed August 12, 2025; Source: Sharon Goldman, “AI Chip Race: Groq CEO Takes On Nvidia, Claims Most Startups Will Use Speedy LPUs by End of 2024,” VentureBeat, February 23, 2024; Source: Forge Global, “Groq IPO: Company Details,” Accessed August 12, 2025; Source: Julie Bort, “Nvidia AI Chip Challenger Groq Said To Be Nearing New Fundraising at $6B Valuation,” TechCrunch, July 29, 2025
5. Perplexity Sources: Kaustubh Bagalkote, “Jeff Bezos-Backed Perplexity Raises $500 Million, Tripling Its Valuation To $9 Billion As Competition With Google And OpenAI Heats Up,” Benzinga, December 19, 2024; Kyle Wiggers, “Perplexity Says It’s Now Serving 100M Search Queries a Week,” TechCrunch, October 25, 2024; Duncan Riley, “Perplexity Reportedly Seeking New Funding on $20B Valuation One Month After $100M Raise,” SiliconANGLE, August 13, 2025; Akash Sriram, “AI Startup Perplexity Makes Bold $34.5 Billion Bid for Google’s Chrome Browser,” Reuters, August 13, 2025; Forge Global, “Perplexity IPO,” Webpage, Accessed August 21, 2025
6. d-Matrix Sources: d-Matrix, “d-Matrix Unveils Corsair, the World’s Most Efficient AI Computing Platform for Inference in Datacenters,” Business Wire, November 19, 2024; Keumars Afifi-Sabet, “Microsoft-Backed AI Startup Beats Nvidia H100 on Key Tests With GPU-Like Card Equipped With 256GB Ram,” TechRadar, September 7, 2023; Grand View Research, “Artificial Intelligence Chipset Market Size, Share & Trends Analysis Report, 2024 - 2030,” Accessed August 5, 2025; Source: Chris Metinko, “Generative AI Compute Platform D-Matrix Raises $110M Series B,” Crunchbase News, September 6, 2023
7. CHAOS Industries Sources: Chris Metinko, “Defense Tech Startup Chaos Industries Hits $2B Valuation,” Crunchbase News, May 2, 2025; CHAOS Industries, “CHAOS Industries Raises $275 Million Series C to Advance Defense and National Security Technology Innovation,” Business Wire, May 2, 2025; VentureRadar, “CHAOS Industries,” Web Page Accessed July 28, 2025; PitchBook, “CHAOS (Aerospace and Defense) Overview,” Web Page Accessed July 28, 2025
8. Saildrone Sources: Saildrone, “Saildrone Closes $60M Financing to Bring Maritime Autonomy to Europe,” Press Release, May 13, 2025; Saildrone, “About Us,” Accessed July 18, 2025; Saildrone, “Saildrone and Palantir Announce Strategic Partnership to Advance AI-Powered Maritime Intelligence,” Press Release, March 13, 2025; Staff, “Saildrone Brings In $60M To Expand European Maritime Presence,” The Robot Report, May 19, 2025
9. Conifers AI Sources: PitchBook, “Conifers Overview,” Webpage, Accessed August 21, 2025; Conifers, “Conifers AI Named in AI SOC Agents Category in the Gartner® Hype Cycle™ for AI and Cybersecurity, 2025,” Yahoo! Finance, August 21, 2025; Kay Aloha Villamor, “Conifers AI Raises $25 Million in Funding,” The SaaS News, January 30, 2025; Confiders AI, “About,” Webpage, Accessed August 21, 2025
10. Agility Robotics Sources: Marcus Law, “How Agility Robotics is Expanding Digit's Capabilities,” Technology Magazine, April 2, 2025; Kyra Buckley, “Oregon Facility Builds and Tests Humanlike Robot ‘Digit’,” Oregon Public Broadcasting, May 9, 2025; Forge Global, “Agility Robotics IPO,” Webpage, Accessed August 18, 2025; Kurt Schlosser, “Agility Robotics Reportedly Raising $400M for Humanoid Warehouse Robots,” GeekWire, April 1, 2025; David Greenfield, “Agility Robotics' Digit Shows Promise in Line-Side Operations with New ISO Safety Standard on the Horizon,” AutomationWorld, July 30, 2025; Lara O'Reilly, “Agility Robotics CEO Tells Bi How Its Humanoid Robots Are Entering the Workforce — and Getting Paid for It,” Business Insider, November 26, 2024
11. Gecko Robotics Sources: Crunchbase, “Gecko Robotics,” Webpage, Accessed August 21, 2025; Ian Thomas, “Gecko Robotics Raises $125 Million in Deal Valuing Critical Infrastructure Startup Over $1 Billion,” CNBC, June 12, 2025; Forge Global, “Gecko Robotics IPO,” Webpage, Accessed August 21, 2025; Tom Huddleston Jr., “34-Year-Old Built a $1.3 Billion Business After Working 100-Hour Weeks To Keep It Alive: I Got There by ‘Going Through Hell’,” CNBC, July 10, 2025
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