Meld Valuation / Venture NAV Tracker
FundsCompaniesMethodology
meldvaluation.com ↗

Venture NAV Tracker / Private company

Tarana Wireless, Inc.

Communications & Networking
Headquarters—
Founded—
Last known roundSeries D2022-03-16 · Tarana Wireless
Reported valuation$1B2022-03-16 · Tarana Wireless

Security-class differences are disclosed on the affected rows; non-degenerate marks remain in the underlying-company comparison band. 4 rows are omitted from dispersion statistics under the degenerate-mark guard; each affected row states why.

Cross-fund comparison

Equity & warrant marks

One underlying-company band; one latest disclosed mark per fund and security.

FundFair valueSecurity / annotationsImplied price / shareMark age vs roundMethodology / filing
TRINTrinity Capital Inc.$1.8MMar 31, 2026 · source ↗warrantFair ValueNo valuation basis was disclosed for this position. This is an annotation only and does not exclude the mark from comparison statistics.Carried at warrant/option value (net of strike), not underlying share value — not comparable to share marks as filed.Omitted from statistics — Carried at warrant/option value (net of strike), not underlying share value — not comparable to share marks as filed.$0.35Mar 31, 2026 · source ↗1476dMar 31, 2026 · source ↗10-Q 2026-03-31 ↗
TRINTrinity Capital Inc.$618KMar 31, 2026 · source ↗equityFair ValueFiled as equity; the comparison band's majority class is warrant.No valuation basis was disclosed for this position. This is an annotation only and does not exclude the mark from comparison statistics.Carried at warrant/option value (net of strike), not underlying share value — not comparable to share marks as filed.Omitted from statistics — Carried at warrant/option value (net of strike), not underlying share value — not comparable to share marks as filed.$1.71Mar 31, 2026 · source ↗1476dMar 31, 2026 · source ↗10-Q 2026-03-31 ↗
HTGCHercules Capital, Inc.$43KMar 31, 2026 · source ↗warrant (attached)Filed as: warrantFair ValueNo valuation basis was disclosed for this position. This is an annotation only and does not exclude the mark from comparison statistics.Carried at warrant/option value (net of strike), not underlying share value — not comparable to share marks as filed.Sub-$250K equity position alongside active loan; consistent with warrant coverage customary in venture debt. (2026-07-24)Omitted from statistics — Carried at warrant/option value (net of strike), not underlying share value — not comparable to share marks as filed.$0.05Mar 31, 2026 · source ↗1476dMar 31, 2026 · source ↗10-Q 2026-03-31 ↗

Cross-fund comparison

Debt investments

Included in the same underlying-company comparison band.

FundSecurity type / annotationsPrincipalFair valueFV / principalRateMaturityMark age vs roundNon-accrual
HTGCHercules Capital, Inc.senior secured loanFair Value — Senior SecuredFiled as senior secured loan; the comparison band's majority class is warrant.No valuation basis was disclosed for this position. This is an annotation only and does not exclude the mark from comparison statistics.Omitted from statistics — security type is not an eligible fund-equity mark for dispersion.$11MMar 31, 2026 · source ↗$10.8MMar 31, 2026 · source ↗98.4%Mar 31, 2026 · source ↗Prime + 4.00 %, Floor rate 10.75 %, 3.95 % Exit FeeMar 31, 2026 · source ↗Mar 1, 2030Mar 31, 2026 · source ↗1476dMar 31, 2026 · source ↗NoMar 31, 2026 · source ↗

Historical marks

Reported fair value by fund

Each bar is a disclosed position-quarter.

$43KHTGCMar 31, 2026 · source ↗$10.8MHTGCMar 31, 2026 · source ↗$1.8MTRINMar 31, 2026 · source ↗$618KTRINMar 31, 2026 · source ↗$454KTRINMar 31, 2026 · source ↗$476KTRINMar 31, 2026 · source ↗
Figures are compiled from public filings.Read methodologyMELD Valuation