Capital Strategy

2024

Kestrion Ventures

Repositioned a Series B deeptech startup for institutional capital, securing a $180M growth round in under 90 days at a premium valuation step-up.

Service

Capital Strategy

Stage

Series B Growth

Timeline

87 Days to Close

Year

2024

01

The Challenge

Breakthrough technology, wrong story

Kestrion had breakthrough autonomous systems technology but was pitching it as a robotics company — a category VCs had cooled on. Their $180M raise was stalling despite strong unit economics and a $40M ARR run rate.

01

The Challenge

Breakthrough technology, wrong story

Kestrion had breakthrough autonomous systems technology but was pitching it as a robotics company — a category VCs had cooled on. Their $180M raise was stalling despite strong unit economics and a $40M ARR run rate.

02

The Solution

Reframing the narrative for institutional capital

We reframed Kestrion as an infrastructure play, repositioned their narrative around the enterprise automation TAM, rebuilt their data room with institutional-grade materials, and orchestrated a targeted outreach to 12 sovereign wealth and crossover funds.

02

The Solution

Reframing the narrative for institutional capital

We reframed Kestrion as an infrastructure play, repositioned their narrative around the enterprise automation TAM, rebuilt their data room with institutional-grade materials, and orchestrated a targeted outreach to 12 sovereign wealth and crossover funds.

03

The Results

From stalled to oversubscribed

Closed a $180M Series B led by a top-tier sovereign wealth fund in 87 days. Post-close valuation exceeded $1.2B, and two additional strategic investors came inbound within weeks of the close.

03

The Results

From stalled to oversubscribed

Closed a $180M Series B led by a top-tier sovereign wealth fund in 87 days. Post-close valuation exceeded $1.2B, and two additional strategic investors came inbound within weeks of the close.

Key Result

Every engagement has a defining number — the result that reshapes the trajectory of a business. This is the one that mattered most.

$180MSeries B closed in 87 days

Client Testimonial

Verlanor didn't just help us raise — they fundamentally changed how the market sees us. We walked in as a robotics startup and came out as an infrastructure company.

Daniel

Kestrion Ventures

Engage

Ready to define your category?

Engagements begin with a confidential diagnostic conversation.

Engage

Ready to define your category?

Engagements begin with a confidential diagnostic conversation.

Engage

Ready to define your category?

Engagements begin with a confidential diagnostic conversation.

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