Cade Ventures Thoughts & News

Last week, our portfolio company Function Health announced a $298M Series B fundraise - a remarkable milestone not just for Function, but for preventative healthcare at large.

Every major shift in global transportation has been defined by new hardware. Today, a new layer is emerging above the ocean: fast, autonomous seagliders that skim just over the water’s surface — and Poseidon Aerospace is leading the movement.

GLP-1s have ushered in one of the most rapid shifts in modern medicine, redefining how we approach obesity, metabolic disease, and even longevity. But the patient experience remains fragmented, while payers and pharma companies lack visibility into adherence and outcomes.

At Cade Ventures, we’re drawn to founders building the connective tissue of the future - the foundational technologies that make whole industries possible. Today, we are thrilled to announce our investment in Mecka AI, a company creating the essential data infrastructure to unlock the future of robotics.

In August, we published our view on the investment opportunity for hardware start-ups, underscoring our belief that hardware is both misunderstood and undervalued by the venture community. Our conviction in the space has only strengthened since.

As stewards of health and wellness through technology, the Cade Ventures team has been eager to take part in the movement that fuses the two: Digital Wellness. That’s why our third investment out of the fund is in a company that not only embodies this spirit, but is pioneering the movement: Daylight Computers.

In the rapidly evolving landscape of technology and semiconductor innovation, we're thrilled to announce our investment in Akash Systems, a pioneering company that's pushing the boundaries of what's possible in chip design and thermal management.

Hardware is hard. That’s part of what makes it a great investment. Software may seem less capital-intensive and easier to scale, but “easy” has its disadvantages; easy results in low differentiation and by extension, high sales and marketing costs.

We launched Cade Ventures on a mission to transform the future of health tech, empowering consumers to live their healthiest, longest lives. We are thrilled to announce our fund’s first investment in Function Health, a company that embodies this transformative vision with their mission to enable you to live 100 healthy years.

Ryan Engel, a Peloton executive and angel investor in companies like Bolt, Ro, Latch, 10Beauty, Parsley Health, and Candid, is launching a new venture fund, Cade Ventures, according to a recent SEC filing. The filing does not include a total offering amount.

Talk about underselling yourself. Ryan Engel volunteered to work for Peloton for free — just to get in the door as early as possible. That’s how much he believed in the vision of the now-global fitness company, before Peloton even had a prototype.