Alchemist Accelerator

Alchemist Accelerator, LLC is a San Francisco-based accelerator that specializes in nurturing seed-stage startups, particularly those focused on the Internet of Things and other enterprise-oriented sectors. Founded in January 2013, the organization runs six-month programs, accepting 13 startups every four months. Alchemist invests approximately $28,000 to $40,000 in seed funding per company, aiming to support teams with distinctive technical co-founders. The accelerator provides a structured framework for startups, offering mentorship, guidance on traction and fundraising, and fostering a strong community among founders. Alchemist has received recognition for its successful alumni, which include notable companies such as LaunchDarkly and Rigetti Quantum Computing, and it is backed by prominent corporate and venture capital investors in Silicon Valley. The accelerator focuses on ventures that generate revenue from enterprises rather than consumers, aiming to seed around 75 such startups each year.

Ravi Belani

CEO

Ian Bergman

Partner, Head of AlchemistX

Past deals in Internet of Things

Werover

Seed Round in 2023
Werover specializes in developing advanced predictive maintenance software aimed at enhancing the efficiency and reliability of renewable energy assets. The company's flagship technology, Windrover, leverages artificial intelligence, IoT, and robotics to provide real-time health monitoring of wind turbine blades, allowing for early detection of damage and maximizing return on investment in wind energy. Additionally, Werover's platform employs 3D mapping and monitors various renewable energy sources, including hydropower plants and solar panels, by analyzing vibration and acoustic data to identify defects and power loss. This comprehensive approach enables clients to implement predictive maintenance strategies, ensuring continuous operation and cost savings in the renewable energy sector.

Grandeur

Pre Seed Round in 2021
Grandeur is a backend as a service (BaaS) platform based in San Jose, California, that specializes in Internet of Things (IoT) development. Founded in 2020, the company provides a robust platform designed for hardware developers, offering features such as device management, data storage, firmware updates, and the creation of custom applications. Grandeur's platform enables developers to rapidly prototype hardware without the need for extensive application development, allowing for secure device connectivity to the cloud, efficient data storage, and the creation of tailored dashboards. This approach eliminates the need for provisioning servers and writing custom APIs, streamlining the development process for IoT solutions.

Anda Technologies

Seed Round in 2020
Anda Technologies S.A.C., incorporated in 2015 and based in Lima, Peru, specializes in designing, developing, and manufacturing smartwatches equipped with GPS, calling features, and a messaging system tailored for parents and caretakers to maintain communication with children and the elderly. The company markets both hardware and software products, including a smartwatch specifically for children, with plans for additional products in the future. Anda Technologies also focuses on creating an ecosystem that facilitates connectivity between its devices and mobile phones, allowing for effective monitoring and communication. The company's products are available for purchase online.

SenseGrass

Seed Round in 2020
SenseGrass, Inc. is a technology company based in Fremont, California, founded in 2017, that specializes in developing Internet of Things (IoT) devices and artificial intelligence software for agriculture. Its core offering is a soil intelligence platform that combines multispectral cameras, aerial drone sensors, and advanced AI algorithms to provide real-time analysis of soil health and nutrient management. The company's solutions cater to a wide range of agricultural stakeholders, including farming companies, landowners, crop insurers, and government departments. By utilizing technologies such as nano-satellite mapping and rover bots, SenseGrass enables farmers to monitor crop conditions, pest populations, and overall plant health. This approach promotes sustainable farming practices by helping to reduce chemical fertilizer use while increasing crop yields.

i-5O

Seed Round in 2020
i-5O is a developer of an artificial intelligence-based operations management platform aimed at enhancing production output for manufacturers. The platform aggregates and analyzes data from various Internet of Things sources, providing insights into key performance metrics such as labor efficiency, capacity utilization, and processing times. By offering these insights, i-5O enables manufacturers to make informed decisions and promptly identify and address inefficiencies in their operations. The company's vision focuses on the harmonious collaboration between humans and machines, striving to create technology that not only improves productivity but also ensures a meaningful future for the next generation.

Acoustic Wells

Venture Round in 2020
Acoustic Wells offers industrial IoT solutions to maximize oil field efficiency. It uses sensing technologies and proprietary algorithms to reduce environmental impact. It builds an IoT system that can operate and last even in the most remote, toughest conditions. The company helps reduce the need for the painstaking task of daily inspection of wells while providing operators much more fine-grained, actionable data.

Everykey

Venture Round in 2019
Everykey is a offers a Bluetooth device designed to replace keys and passwords. It also generates secure passwords for website accounts, then automatically logs in when visiting a website. It was founded in 2015 and headquartered in Cleveland, Ohio.

Wattz

Venture Round in 2019
Wattz empowers the internet of things by connecting solar power with batteries. Solar panels ensure batteries never runs out of power. It replaces the standard battery method that is used in the devices. The company detects and replaces any devices not performing as excepted. It saves money on its users’ annual battery replacement labor, no down time, and the maintenance of the company guarantees all devices are always powered. The offices of the company are located across the U.S. and Ireland. Wattz is a U.S.-based company that was founded in 2016 by Ian Mathews.

Wwwash

Seed Round in 2018
Wwwash is an Internet of Things (IoT) platform designed to enhance the car wash industry by enabling operators to engage effectively with customers and attract new clientele. Through the Wwwash App, the platform collects valuable customer data, which is utilized to deliver automated marketing notifications and initiate Unlimited Plans and Referral Campaigns. Additionally, Wwwash facilitates the collection of customer feedback and the creation of targeted marketing campaigns, thereby increasing customer lifetime value. The platform also assists in managing fleets and streamlining operations, empowering car wash owners to expand their customer base and boost revenue.

IoSite

Pre Seed Round in 2018
IoSite is a company focused on enhancing productivity at construction job sites through the use of wearable technology and data science. It develops worksite management software aimed at ensuring projects are completed on time by making worksites smarter and more efficient. The software includes features for electricity monitoring, solar grid management, and energy metering. By providing these capabilities, IoSite enables companies to address power-related challenges effectively and improve their overall operational efficiency.

Cognito Networks

Seed Round in 2018
Cognito Networks offers a cloud-based Internet of Things (IoT) solution designed for enterprises and small to medium-sized businesses. The company enables users to effectively manage and scale sensor data, facilitating informed decision-making and enhancing operational efficiency. By integrating data from various sources, such as sensors, actuators, and cameras, Cognito Networks provides tools that streamline operations and support the rapid innovation of software applications. This approach helps businesses address technical challenges while maintaining interoperability, ultimately allowing them to establish competitive advantages in their respective markets.

Everykey

Venture Round in 2017
Everykey is a offers a Bluetooth device designed to replace keys and passwords. It also generates secure passwords for website accounts, then automatically logs in when visiting a website. It was founded in 2015 and headquartered in Cleveland, Ohio.

Edyza

Seed Round in 2017
Edyza is a technology platform based in Irvine, California, specializing in high-density Internet of Things (IoT) solutions for industrial, commercial, and government sectors. Founded in 2015 by Dr. Rana Basheer and Atul Patel, Edyza combines hardware and software to facilitate wireless communication among thousands of sensors and actuators in close proximity. Utilizing a proprietary channel access method, the platform supports extensive data collection and processing through its fog, edge, and cloud computing capabilities. This enables advanced machine learning applications for predictions and automation. Additionally, Edyza's neural computing and deep learning platform allows for the operation of industry-specific applications on a network of low-power, mesh-networked wireless sensors that can harvest energy from ambient sources like thermal, solar, and vibration, minimizing the need for maintenance and connectivity concerns.

Mokumoku

Seed Round in 2017
Mokumoku is a manufacturer of wireless communication equipment based in Palo Alto, California, established in 2016. The company specializes in technology that enables Internet Service Providers (ISPs) to deliver gigabit-speed internet to home broadband users at competitive prices. Utilizing proprietary 60 GHz mesh technology, Mokumoku's equipment facilitates the connection of the final meters in broadband infrastructure, promoting fast and cost-effective deployments. This focus on enhancing connectivity aims to improve the overall user experience for broadband consumers.

Pubinno

Seed Round in 2017
Pubinno is a technology company founded in 2015, headquartered in San Francisco, California, with additional offices in Palo Alto, Barcelona, and Pyrmont, and an R&D center in Istanbul. The company specializes in developing Internet of Things (IoT) solutions for the beverage and hospitality industries, focusing on enhancing the draft beer sector. Its flagship products include Taptronics, an automated beer tap that collects and analyzes sales, inventory, and quality data, and BeerPoint, a self-service beer dispenser. Pubinno aims to address the challenges faced by the draft beer industry by providing sustainable, AI-driven technologies that minimize waste and optimize operational efficiency. The company's innovations are operational in 65 cities across three continents, promoting a more sustainable future for the industry.

UniquID

Seed Round in 2017
UniquID Inc., based in San Francisco, California, specializes in developing identity and access management solutions that focus on digital keys and security. The company offers an open-source and decentralized protocol designed to enhance identity management across a network of connected devices and users. Its platform enables the creation, inspection, and revocation of relationships between devices, utilizing biometric options such as fingerprint recognition to ensure secure identity management. This innovative approach allows clients to address the scalability challenges associated with traditional identity protocols, providing a comprehensive solution for modern digital security needs.

Keewi

Seed Round in 2016
Keewi Inc. a fast-growing and mission-driven silicon valley company with a vision to transform everyday electrical plugs into powerful sensors that bring comfort, convenience, safety and efficiency for people and buildings. Keewi applies advanced technologies such as Internet of Things (IoT) and Artificial Intelligence (AI) to a single stream of data from plugs to create software solutions that give management teams a 3-in-1 turnkey solution to optimize business operations in sustainability, workplace planning, and employee comfort.

Wattz

Seed Round in 2016
Wattz empowers the internet of things by connecting solar power with batteries. Solar panels ensure batteries never runs out of power. It replaces the standard battery method that is used in the devices. The company detects and replaces any devices not performing as excepted. It saves money on its users’ annual battery replacement labor, no down time, and the maintenance of the company guarantees all devices are always powered. The offices of the company are located across the U.S. and Ireland. Wattz is a U.S.-based company that was founded in 2016 by Ian Mathews.

UniquID

Angel Round in 2016
UniquID Inc., based in San Francisco, California, specializes in developing identity and access management solutions that focus on digital keys and security. The company offers an open-source and decentralized protocol designed to enhance identity management across a network of connected devices and users. Its platform enables the creation, inspection, and revocation of relationships between devices, utilizing biometric options such as fingerprint recognition to ensure secure identity management. This innovative approach allows clients to address the scalability challenges associated with traditional identity protocols, providing a comprehensive solution for modern digital security needs.

Pubinno

Convertible Note in 2016
Pubinno is a technology company founded in 2015, headquartered in San Francisco, California, with additional offices in Palo Alto, Barcelona, and Pyrmont, and an R&D center in Istanbul. The company specializes in developing Internet of Things (IoT) solutions for the beverage and hospitality industries, focusing on enhancing the draft beer sector. Its flagship products include Taptronics, an automated beer tap that collects and analyzes sales, inventory, and quality data, and BeerPoint, a self-service beer dispenser. Pubinno aims to address the challenges faced by the draft beer industry by providing sustainable, AI-driven technologies that minimize waste and optimize operational efficiency. The company's innovations are operational in 65 cities across three continents, promoting a more sustainable future for the industry.

UniquID

Seed Round in 2016
UniquID Inc., based in San Francisco, California, specializes in developing identity and access management solutions that focus on digital keys and security. The company offers an open-source and decentralized protocol designed to enhance identity management across a network of connected devices and users. Its platform enables the creation, inspection, and revocation of relationships between devices, utilizing biometric options such as fingerprint recognition to ensure secure identity management. This innovative approach allows clients to address the scalability challenges associated with traditional identity protocols, providing a comprehensive solution for modern digital security needs.

Byte Foods

Seed Round in 2016
Byte Foods, Inc. is a company based in San Rafael, California, that specializes in manufacturing automatic vending machines and refrigerators designed to serve food on-site at businesses. Founded in 2015, the company operates primarily in the San Francisco Bay Area and focuses on distributing food products for corporate clients. Byte Foods utilizes IoT-enabled fridges to enhance workplace dining experiences, offering a variety of fresh and healthy meals from local food brands. As of January 2020, Byte Foods operates as a subsidiary of Oh My Green, Inc., further expanding its reach in the food service sector.

Litmus Automation

Seed Round in 2015
Litmus Automation Inc. is a company that specializes in developing a cloud-based Internet of Things (IoT) platform designed for industrial applications. Founded in 2013 and headquartered in San Jose, California, with additional offices in Toronto and Chiyoda, the company offers solutions through its software, Litmus Edge. This software collects, normalizes, and analyzes real-time data directly from various devices, machines, controllers, and sensors, providing operators with essential insights to mitigate potential downtimes and business risks. Additionally, Litmus Automation has developed Litmus Edge Manager, a centralized platform for managing devices, data, and applications. This tool enables secure mass deployment, over-the-air updates, and automated actions, facilitating better control over edge devices. The company's innovative approach aims to transform critical edge data into actionable intelligence, supporting maintenance, machine learning, and artificial intelligence initiatives for organizations implementing IoT solutions.

Sensor Hound

Seed Round in 2015
Reliability and security are paramount to IoT applications. Software failures and security breaches can be extremely costly, not only in terms of time and money, but also in terms of safety. Unfortunately, currently available operations monitoring solutions are manual, ad hoc, and largely inefficient. SensorHound has developed IoT-specific operations monitoring software that is proactive, automated, and systematic. Their breakthrough solution, based on award-winning technology developed over 10 years by leading IoT researchers, can significantly reduce the operational and maintenance costs of IoT deployments.

Thinnect

Seed Round in 2015
Thinnect, Inc. is a developer of wireless mesh networking technology focused on the Internet of Things (IoT) sector, particularly in commercial and street lighting applications. Established in 2015 and based in Sunnyvale, California, the company provides solutions that enhance LED lighting products with intelligent control, allowing for energy savings and improved functionality. Thinnect's offerings include controllers for lighting management and sensors for environmental monitoring, along with advanced cloud, fog, and mist computing technologies. The company's innovations support a range of applications, including building security, smoke detection, and asset tracking, all operating seamlessly on a single network. Thinnect aims to deliver security, dependability, and usability across various smart environments.

Domos

Venture Round in 2014
Domos develops cloud-based software solutions aimed at enhancing the performance of home Wi-Fi networks and improving operational efficiency for property management. Its software, designed for Internet Service Providers, can be integrated into customer premises equipment to monitor and optimize end-to-end network latency in real time. Utilizing artificial intelligence, Domos deploys a small agent onto routers over the air, which collects live data on network and device performance. This allows the software to identify issues and automatically implement fixes, resulting in improved average Wi-Fi speeds and reduced customer support calls. Additionally, Domos offers an AI-driven assistant for property managers, capable of communicating through email, voice, and chat, and integrating with internal systems to handle manual and repetitive tasks, ultimately enhancing resident satisfaction.

Waygum

Pre Seed Round in 2014
Waygum Inc. specializes in designing and developing a mobile development platform tailored for industrial applications, particularly focusing on the Internet of Industrial Things (IoIT). Established in 2015 and headquartered in Dublin, California, the company offers a solution that enables users to create and deploy mobile applications for intelligent manufacturing workflows and remote monitoring. Waygum's platform integrates a robust cloud backend, allowing administrators and operators to seamlessly connect industrial assets, products, enterprise data, and workflows. This integration aims to enhance the efficiency and effectiveness of industrial operations, ultimately unlocking the full potential of IoT through a mobile experience.

Ladera Labs

Seed Round in 2014
Ladera Labs specializes in the development of automation software and hardware that enables users to monitor and control various objects remotely. The company has created a real-time telemetry platform tailored for industries such as telecommunications, transportation, and energy. Utilizing miniaturized electronics and advanced computing technologies, Ladera Labs efficiently collects data while offering features like remote monitoring, predictive analytics, and machine learning. These capabilities empower businesses to enhance their operations, lower costs, and make informed decisions based on the data collected.

Domos

Seed Round in 2013
Domos develops cloud-based software solutions aimed at enhancing the performance of home Wi-Fi networks and improving operational efficiency for property management. Its software, designed for Internet Service Providers, can be integrated into customer premises equipment to monitor and optimize end-to-end network latency in real time. Utilizing artificial intelligence, Domos deploys a small agent onto routers over the air, which collects live data on network and device performance. This allows the software to identify issues and automatically implement fixes, resulting in improved average Wi-Fi speeds and reduced customer support calls. Additionally, Domos offers an AI-driven assistant for property managers, capable of communicating through email, voice, and chat, and integrating with internal systems to handle manual and repetitive tasks, ultimately enhancing resident satisfaction.

Waygum

Pre Seed Round in 2013
Waygum Inc. specializes in designing and developing a mobile development platform tailored for industrial applications, particularly focusing on the Internet of Industrial Things (IoIT). Established in 2015 and headquartered in Dublin, California, the company offers a solution that enables users to create and deploy mobile applications for intelligent manufacturing workflows and remote monitoring. Waygum's platform integrates a robust cloud backend, allowing administrators and operators to seamlessly connect industrial assets, products, enterprise data, and workflows. This integration aims to enhance the efficiency and effectiveness of industrial operations, ultimately unlocking the full potential of IoT through a mobile experience.

IoT Technologies

Seed Round in 2013
Founded by faculty from Tallinn University of Technology in Estonia, IoT Technologies is commercializing a decade of research focused on distributed sensing / computing technology. The commercial application of the technology was originally developed for the security domain - the team and the technology evolved from Defendec and we are leveraging half a decade of R&D efforts of Defendec.

Rico

Seed Round in 2012
Mindhelix's Rico is a sensor-equipped hardware that works by itself or with a spare smartphone to detect and alert users about changes inside a home, for example, in temperature, humidity, noise levels or movement, and the presence of smoke, Carbon Monoxide or cooking gas.
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