Category: News

We’re thrilled to be leading Sigma’s $80M Series E.

Enterprise AI has a bottleneck: business teams want speed, while IT needs governance. Most platforms force companies to choose one or the other. Sigma proves you can have both.

Sigma gives users a familiar, spreadsheet-like interface to run live queries directly inside Snowflake, Databricks, and Google BigQuery. No code, no copied data, no governance trade-offs.

It’s not just a better way to look at data; it’s a platform where teams can act on it. Writing results back to the warehouse and keeping humans in control of what AI recommends is increasingly critical. The companies that give business teams AI speed without breaking IT governance will define the next decade. Sigma is one of them.

$200M ARR. 100%+ YoY growth. 2,000+ customers, including the Fortune 10. And at under 10% penetration of the Snowflake and Databricks customer base alone, the runway ahead is enormous.

Congratulations to Mike Palmer and the entire Sigma team. We’re proud to partner with you and invest alongside Databricks Ventures, ServiceNow Ventures, and Workday Ventures.

Congratulations to our new portfolio company, Deepgram, on closing their $130M Series C funding!

We’re excited to partner with a team that’s serving hundreds of thousands of Voice AI builders and reliably powering billions of live conversations with the naturalness, latency, and accuracy of human voice.

Princeville Capital is proud to announce that our portfolio company DayOne has successfully closed its Series C funding round, raising over US$2 billion. This significant milestone underscores the company’s rapid growth and leadership in the sustainable energy sector.

The investment will be used to accelerate DayOne’s global expansion, enhance its AI-driven energy management platform, and scale production of its next-generation battery technology.

Since our initial investment, DayOne has demonstrated exceptional operational excellence and a clear vision for the future of decentralized energy systems. We are thrilled to continue supporting the team as they lead the transition to a more sustainable world.

Emmanuel DeSousa, Co-Founder and Managing Partner of Princeville Capital, delivered a keynote address at the Türkiye E-Commerce Week. His presentation, ‘Target 2030: Global Investment Trends in E-Commerce,’ focused on the digital transformation of emerging markets.

During his talk, Mr. DeSousa highlighted Türkiye’s strategic position as a bridge between Europe and Asia and its potential to become a global hub for e-commerce innovation.

He discussed how AI and cross-border logistics are redefining the industry and why growth-stage companies in the region are attracting significant international interest.

Princeville Capital was honored to participate in the One Planet Sovereign Wealth Funds (OPSWF) CEO Summit held in Paris.