Section 01
Portfolio Company Reporting: Northwind Robotics
Each portfolio company's monthly reporting pack is assembled automatically from the finance data room, board deck, and covenant certificate, then checked against the investment thesis before it reaches the deal team.
Northwind Robotics — Q2 2026 snapshot
As of 30 Jun 2026Implied enterprise value
$310m
+9.2% QoQARR
$38m
Gross margin
62%
Net dollar retention
121%
Cash runway
22 months
Key findingLow impact
Company is tracking ahead of the underwriting case on ARR
Q2 ARR of $38m is 6% ahead of the underwriting case, driven by faster-than-modelled expansion revenue.