Turbine.co - Series A (April 4, 2025)

Turbine.co provides asset-backed lending solutions for venture capital investors, enabling General Partners (GPs) and Limited Partners (LPs) to borrow against their fund positions. This allows investors to unlock liquidity without selling their stakes, retaining ownership and upside while addressing the extended exit horizons and frozen exit markets in venture capital. Turbine serves GPs looking to fuel strategic expansion or hit hard caps faster, and LPs seeking to smooth capital calls and maintain strategic allocation targets.