Alumni Ventures Group, LLC is a venture capital firm based in Manchester, New Hampshire, founded in 2013. The firm specializes in seed and early-stage investments, as well as late-stage pre-IPO opportunities, with a flexible approach that is sector and geographic agnostic. Alumni Ventures aims to provide high-quality, diversified venture portfolios to individual investors, particularly accredited alumni from top entrepreneurial schools, who may not have had access to venture capital previously. The firm focuses on backing companies that have an alumni connection and are led by established institutional investors with expertise in their respective fields. Additionally, Alumni Ventures offers focused funds that enable accredited investors to access a diverse portfolio of investments across various types, sectors, stages, and geographies.
Managing Partner, Castor Ventures and Strawberry Creek Ventures
Brittney Wade
Senior Associate, Seed Fund and Doctors Innovate Fund
Drew Wandzilak
Senior Associate, Green D and Yard and Strategic Tech Fund
Sarah Worden
Venture Scout
Ray Wu
Managing Partner-Web3 / Blockchain Fund
Michael Yuann
Director of Investment Operations
Ron Levin
Managing Partner, AV Seed Fund and Doctors Innovate Fund
Past deals in Computer Vision
Modicus Prime
Seed Round in 2024
Modicus Prime specializes in developing advanced computer vision software and self-service artificial intelligence tools tailored for the life sciences sector. Their technology automates the analysis of biologics images, addressing challenges related to product quality failures that can result in significant costs, legal issues, and waste in research and manufacturing processes. The platform facilitates the integration of diverse life sciences data, enabling users to detect anomalies, monitor operations, and enhance decision-making. By allowing clients to execute cutting-edge research and production, train algorithms on specific data sets, and harness insights through self-service capabilities, Modicus Prime effectively addresses the evolving data challenges in the life sciences industry, including continuous manufacturing and intelligent monitoring.
Shape
Seed Round in 2024
ShapeScale is a personal 3D scanner that digitizes and measures your body in photorealistic 3D. Leveraging computer vision and deep learning ShapeScale measures changes in body composition your eyes and conventional scales do not see. With fast, visual, and gamified feedback, ShapeScale changes how people keep healthy and stay motivated.
Truleo
Seed Round in 2024
Truleo is a developer of an audio analytics system focused on enhancing the review of police body camera footage, which often goes largely unexamined. The platform automatically processes 100% of body camera videos, significantly reducing the time required for review and offering valuable insights to improve policing practices. It analyzes interactions between police officers and civilians, detecting critical events such as use-of-force incidents and non-compliance. Truleo’s technology utilizes proprietary models created by law enforcement experts to identify trends in officer behavior, auto-flag incidents, and provide early warnings for potentially volatile situations. This capability enables law enforcement agencies to generate actionable reports that facilitate better officer training, inform policy decisions, and strengthen community relationships, while also highlighting positive officer interactions.
Cyvl.ai
Venture Round in 2024
Cyvl.ai is a technology company focused on enhancing the management of physical infrastructure assets for civil engineers and government entities. Utilizing advanced 3D mapping technology and proprietary machine learning algorithms, Cyvl.ai provides a web-based software platform that enables users to efficiently gather and analyze data on various infrastructure elements such as roads, sidewalks, signs, and trees. Their vehicle-mounted mapping sensors streamline the process of infrastructure inspections, ultimately saving time and improving safety. The platform's capability for direct integration with other asset management tools further facilitates effective data utilization, making it a valuable resource for managing infrastructure assets more effectively and affordably.
NeuReality
Venture Round in 2024
NeuReality is a semiconductor start-up focused on creating AI-as-a-service infrastructure to meet the demands of AI deployment across cloud, edge, and fog systems. The company specializes in purpose-built AI-centric architecture, offering a server-on-chip solution that reconfigures inference technologies like computer vision, natural language processing, and recommendation engines. This innovative approach simplifies the implementation of these technologies for companies that may lack extensive technical expertise. By replacing traditional CPU-centric models with its advanced architecture, NeuReality enables clients to reduce both costs and energy consumption, making AI more accessible and efficient for a broader range of users.
Modicus Prime
Pre Seed Round in 2022
Modicus Prime specializes in developing advanced computer vision software and self-service artificial intelligence tools tailored for the life sciences sector. Their technology automates the analysis of biologics images, addressing challenges related to product quality failures that can result in significant costs, legal issues, and waste in research and manufacturing processes. The platform facilitates the integration of diverse life sciences data, enabling users to detect anomalies, monitor operations, and enhance decision-making. By allowing clients to execute cutting-edge research and production, train algorithms on specific data sets, and harness insights through self-service capabilities, Modicus Prime effectively addresses the evolving data challenges in the life sciences industry, including continuous manufacturing and intelligent monitoring.
Magnetic Insight
Series B in 2022
Magnetic Insight, Inc. specializes in magnetic particle imaging (MPI), an innovative imaging technology that utilizes iron oxide nanoparticle tracers and time-varying magnetic fields. The company has developed several products, including the MOMENTUM imager, a pre-clinical MPI solution that produces high-quality images through advanced magnet geometry and a proprietary reconstruction process. Additionally, Magnetic Insight offers VivoTrax, a nanoparticle designed for cell tracking and as a blood pool agent in pre-clinical studies, and Hyper, an add-on module for the MOMENTUM system that assists in identifying treatment targets and administering localized magnetic hyperthermia. Another product, Relax, serves as a particle relaxometry module. Founded in 2012 and headquartered in Alameda, California, Magnetic Insight aims to enhance preclinical diagnostic research by enabling quantitative cell tracking, imaging of vascular functions, and visualization of various biological processes, thereby addressing challenges in clinical and translational research.
RGo Robotics
Series A in 2022
RGo Robotics specializes in artificial perception technology that allows mobile robots to comprehend their environments and function autonomously, akin to human operators. The company develops a perception engine powered by patent-pending computer vision and artificial intelligence, which operates on ultra-low-cost, low-power hardware. This innovative technology aims to enhance automation in various sectors, including logistics, manufacturing, and consumer markets. RGo Robotics collaborates with robotics manufacturers that align with its vision of creating practical automation solutions, supported by a team of experienced professionals with extensive academic and industry backgrounds.
Skyline Robotics
Seed Round in 2022
Skyline Robotics Ltd specializes in the development of automated cleaning systems, focusing on window cleaning for high-rise buildings. The company's flagship product, Ozmo, integrates artificial intelligence, machine learning, and computer vision with advanced robotics and sensors to efficiently clean windows without the need for additional infrastructure modifications. This innovative approach not only enhances cleaning efficiency but also significantly reduces the risk of worker accidents and operational costs for clients. Founded in 2017 and headquartered in Tel Aviv, Israel, with an additional office in New York, Skyline Robotics aims to streamline real estate maintenance work at heights through its cutting-edge technology.
Activ Surgical
Series B in 2022
Activ Surgical Inc. is a digital surgery company based in Boston, Massachusetts, focused on enhancing surgical efficiency, accuracy, and patient outcomes through advanced technology. Founded in 2014, the company has developed a robotic surgery platform that integrates computer vision, artificial intelligence, and robotics to assist surgeons during complex procedures. One of its key products is the Smart Tissue Autonomous Robot (STAR), which aims to revolutionize surgical practices by improving intraoperative decision-making and reducing the risk of unintended surgical complications. The platform is scalable and patent-protected, designed to support surgeons with augmented reality and data-driven insights, ultimately making surgeries safer and more effective.
Refraction AI
Seed Round in 2022
Refraction AI, Inc. is an autonomous delivery robot company based in Ann Arbor, Michigan, founded in 2017. The company focuses on building and deploying robotic platforms designed for last-mile goods delivery in urban environments. Its primary product, the REV-1, autonomously navigates urban settings using a combination of cameras, radar, and ultrasonic sensors. The robot is capable of picking up items from restaurants, pharmacies, and grocery stores, delivering them directly to customers' homes. This service aims to provide a faster, cheaper, and safer delivery option, addressing the growing demand for efficient logistics solutions. Additionally, the robots can be remotely monitored and teleoperated, ensuring operational flexibility in diverse weather conditions.
Overview.ai
Series A in 2022
Overview’s inspection systems are built with Deep Learning technology which allows us to find mistakes more consistently and in a wider variety of situations.
Pixm
Seed Round in 2022
Pixm, Inc. is a cybersecurity company based in New York that specializes in developing artificial intelligence technologies to combat phishing breaches. Founded in 2013, Pixm focuses on real-time phishing detection through advanced visual recognition techniques, allowing it to identify zero-day phishing attacks without relying on traditional whitelists. The company offers a comprehensive platform that provides anti-phishing, email security, and endpoint protection services, utilizing deep learning to address security threats across websites, networks, and computers. Its innovative brand authorization technology enhances the ability of organizations to detect and prevent sophisticated phishing attempts, thereby improving overall online security.
Lincode
Venture Round in 2022
Lincode is an AI-driven technology company focused on enhancing quality control in manufacturing through advanced machine vision and defect detection. Specializing in sectors such as automotive, aerospace, and industrial manufacturing, Lincode's patent-pending AI platform employs pre-trained models to tackle complex defect detection challenges while minimizing data requirements. By utilizing on-premise edge AI deployments, the company ensures real-time processing and low latency, thus improving production efficiency without relying on cloud services. Lincode's solutions integrate smoothly with existing machine vision systems, enabling manufacturers to detect subtle flaws—such as porosity in automotive components—while reducing costs and enhancing productivity. The platform allows manufacturers to easily configure quality tolerances for defects and adapt seamlessly to both automated and non-automated inspections, making it a scalable and cost-effective choice for achieving high standards in quality control.
Point One Navigation
Series A in 2021
Point One Navigation, Inc. is a San Francisco-based company that specializes in developing precise location services for autonomous systems such as self-driving vehicles, commercial drones, and robotics. Founded in 2016, the company offers a localization service that achieves accuracy within a few centimeters while being significantly more cost-effective than existing solutions. By integrating Global Navigation Satellite Systems (GNSS), inertial sensors, and computer vision technologies through proprietary algorithms, Point One Navigation aims to create high-performance navigation systems suitable for mass-market applications. Its innovative approach enables users to enhance the security and functionality of a variety of autonomous vehicles, including cars, drones, and delivery robots.
Hayden AI
Series A in 2021
Hayden AI focuses on developing artificial intelligence and machine learning technologies aimed at enhancing urban mobility and safety. The company specializes in automated enforcement solutions for dedicated bus lanes and bus stops, which are designed to expedite public transit and improve the overall quality of life in urban areas. By leveraging advanced technology and a network of mobile devices, Hayden AI works to create safer and smarter cities. Its platform enables clients to utilize AI-powered tools that can detect and analyze traffic incidents, contributing to more efficient traffic management and fostering a sustainable urban environment.
Big Room
Seed Round in 2021
Big Room is the world's first real-time, hardware-independent AI camera crew.
Algolux
Series B in 2021
Algolux is a Canadian AI software company that specializes in advanced perception solutions for various industries, including automotive, robotics, and video security. The company focuses on optimizing camera architectures to enhance image quality and supports both existing and new camera designs through cloud-based tools and embedded software. Founded on innovative research in deep learning, computer vision, and computational imaging, Algolux delivers robust solutions that address critical safety issues for applications such as advanced driver-assistance systems (ADAS), autonomous vehicles, fleets, and autonomous mobile robots. Their technology leverages machine learning and deep perception to improve performance in challenging conditions, including extreme lighting and adverse weather, ensuring clients achieve optimal results from their imaging systems.
Constru
Series A in 2021
Constru is an innovative company focused on enhancing efficiency in the construction industry through advanced computer vision technology. The platform it offers provides accurate project status assessments, facilitating early defect detection and optimized scheduling. By integrating Project Brain AI, Constru's operating system enables owners, developers, and general contractors to complete projects more efficiently, often finishing ahead of schedule and within budget. The company has successfully partnered with leading construction firms worldwide, and its clients have reported an average reduction in overall project costs ranging from 2% to 4%. Constru aims to digitize the construction process by improving inspection and analysis capabilities, thereby reducing project risk and enhancing return on investment.
Mythic
Series C in 2021
Mythic Inc. is a technology company that designs and develops silicon chips and artificial intelligence processing units (IPUs) for a wide range of applications, from consumer electronics and wearables to autonomous vehicles and robotic drones. Founded in 2012 and headquartered in Redwood City, California, with an additional office in Austin, Texas, Mythic specializes in analog matrix processors that utilize unique compute-in-memory technology. Their products, including the M1076 Analog Matrix Processor and various PCIe and M.2 cards, integrate AI capabilities directly into compact chips, enabling desktop-level processing power in smaller devices. The company emphasizes its expertise in neural networks, processor architecture, and software design to deliver efficient AI solutions while maintaining performance, power efficiency, and accuracy in real-world environments.
Refraction AI
Seed Round in 2021
Refraction AI, Inc. is an autonomous delivery robot company based in Ann Arbor, Michigan, founded in 2017. The company focuses on building and deploying robotic platforms designed for last-mile goods delivery in urban environments. Its primary product, the REV-1, autonomously navigates urban settings using a combination of cameras, radar, and ultrasonic sensors. The robot is capable of picking up items from restaurants, pharmacies, and grocery stores, delivering them directly to customers' homes. This service aims to provide a faster, cheaper, and safer delivery option, addressing the growing demand for efficient logistics solutions. Additionally, the robots can be remotely monitored and teleoperated, ensuring operational flexibility in diverse weather conditions.
Hayden AI
Seed Round in 2021
Hayden AI focuses on developing artificial intelligence and machine learning technologies aimed at enhancing urban mobility and safety. The company specializes in automated enforcement solutions for dedicated bus lanes and bus stops, which are designed to expedite public transit and improve the overall quality of life in urban areas. By leveraging advanced technology and a network of mobile devices, Hayden AI works to create safer and smarter cities. Its platform enables clients to utilize AI-powered tools that can detect and analyze traffic incidents, contributing to more efficient traffic management and fostering a sustainable urban environment.
NavTrac
Seed Round in 2020
NavTrac is a developer of an advanced yard management system that utilizes artificial intelligence and computer vision to enhance yard operations. The platform automates various processes, improving data quality and enabling real-time inventory management while reducing operational costs. Key features include an Automated Gate System, which detects damage and streamlines the movement of assets within the yard. NavTrac's mission focuses on making yard operations safer, more efficient, and environmentally friendly. The company serves a diverse clientele, including Fortune 500 companies, and has secured funding from notable investors such as TenOneTen, Blumberg Capital, Silicon Valley Data Capital, and Y Combinator.
Chooch
Series A in 2020
Chooch specializes in generative AI technology that integrates computer vision and language understanding to enhance the intelligence of cameras. Its AI Vision platform is capable of instantaneously recognizing visuals and actions within video streams, understanding their significance, and executing real-time pre-programmed responses. This advanced system operates autonomously, processing diverse forms of visual data, including infrared radiation and x-rays, while tagging objects of interest. By delivering accurate and efficient visual recognition, Chooch enables clients to achieve enhanced operational efficiencies and improved quality outcomes.
TuMeke Ergonomics
Seed Round in 2020
TuMeke Ergonomics is a company based in San Mateo, California, founded in 2019, that specializes in an ergonomic assessment platform aimed at reducing workplace musculoskeletal injuries. The platform combines a mobile and web application to facilitate collaboration among teams across various locations. It provides automatic recommendations on postures that need attention and offers a dashboard for tracking safety performance over time. Utilizing advanced computer vision joint tracking technology, TuMeke's platform identifies hazardous tasks and assesses various safety risk factors by predicting the likelihood of injury. This enables businesses to effectively measure and monitor employee safety without disrupting productivity.
Illumix
Seed Round in 2020
Illumix is a technology and gaming studio focused on enhancing augmented reality (AR) experiences. The company develops foundational capabilities and user interactions that facilitate the creation of dynamic AR games. By integrating advanced technologies with gaming practices and research in computer vision, Illumix supports game developers in crafting interactive experiences that respond to real-time environmental changes. This innovative approach not only improves the quality of AR content but also expands its applications across entertainment venues and marketing campaigns, ensuring that users engage with immersive digital experiences.
Aquabyte
Venture Round in 2020
Aquabyte, Inc. specializes in developing advanced monitoring systems for the fish farming industry, employing computer vision and machine learning technologies. Founded in 2017 and headquartered in San Francisco, California, with an office in Bergen, Norway, Aquabyte's smart camera system enables real-time applications such as detecting biomass, counting sea lice, and monitoring fish appetite. The accompanying web dashboard provides continuous metrics to enhance operational efficiency. By integrating these technologies, Aquabyte aims to reduce operational costs and fish mortality while promoting sustainability in aquaculture. The company’s innovative approach seeks to address the challenges faced by fish farms, ultimately contributing to a more efficient and environmentally friendly industry.
AI.Reverie
Venture Round in 2020
AI.Reverie is a simulation platform that trains AI to understand the world. They offer a suite of synthetic data and vision APIs to help businesses across different industries train their machine learning algorithms and improve their AI applications, so that together, they make cities smarter, farms sustainable, homes safer, tasks easier, and life fuller.
AI.Reverie
Venture Round in 2020
AI.Reverie is a simulation platform that trains AI to understand the world. They offer a suite of synthetic data and vision APIs to help businesses across different industries train their machine learning algorithms and improve their AI applications, so that together, they make cities smarter, farms sustainable, homes safer, tasks easier, and life fuller.
Optimus Ride
Venture Round in 2019
Optimus Ride is a self-driving vehicle company located in Boston, Massachusetts, specializing in the development of technologies aimed at creating efficient, sustainable, and equitable mobility systems. As a spinoff from MIT, the company leverages over 30 years of interdisciplinary research in self-driving technologies, electric vehicles, and mobility-on-demand systems. Its team possesses extensive industrial and entrepreneurial expertise, encompassing areas such as manufacturing robots, urban design, and shared vehicle fleet management. Optimus Ride focuses on implementing self-driving technology in geofenced environments, utilizing advancements in sensor fusion, mapping, computer vision, and machine learning. This enables a wide range of transportation solutions, from commercial vessel operations to various transit options.
Prenav
Series A in 2017
PRENAV was founded in October 2013 with a goal of solving autonomous flight in complex environments. Since then, they’ve assembled one of the top robotics teams in the world, with experts in computer vision, mechanical engineering, aeronautics, embedded systems, and software. In their short history, they’ve taken their technology to large industrial sites, inspected wind turbines, designed playful light shows, filmed music videos, and traveled around the world for their customers. And they’re only just getting started. At PRENAV, they’re solving fundamental challenges in robotics around localization, materials, planning, and computer vision in order to build autonomous systems that are ready for the real world.
Snappr
Seed Round in 2017
Snappr is the one-stop-shop for visual content creation, including the largest on-demand photography and photo editing marketplace. Snappr Shoots is a self-service application to book photographers. Snappr Workflows is a SaaS product for enterprises to automate their visual content pipeliness. Snappr also provides free tools such as the Snappr Photo Analyzer, an AI portrait photo-analysis tool. Snappr was founded in 2017 and is headquartered in San Francisco, California.
Newmetrix
Series A in 2017
Newmetrix is a technology company that offers a cloud-based video management platform aimed at minimizing risks on construction job sites through the integration of human and artificial intelligence. The platform leverages machine learning to analyze images and videos from various projects, categorizing them with construction-specific tags. This capability helps clients address challenges related to management, collaboration, search, and analysis of industrial visual content, thereby enhancing safety and operational efficiency in the construction industry.
Cognitive Operational Systems
Seed Round in 2017
COSY is an information technology company that specializes in the fields of artificial intelligence, computer vision, machine perception, and software as a service. The company focuses on leveraging University research for enabling industry solutions in computer vision, perception, and artificial intelligence.
Hyprsense
Seed Round in 2016
Hyprsense specializes in real-time facial motion capture technology that enhances the animation of 3D avatars and digital humans. The company provides a comprehensive range of services, including face detection, facial landmark tracking, and expression value tracking. These advanced applications are utilized in various fields, such as AI interaction, smart speakers, robotics, and automobile infotainment. By enabling clients to incorporate real-time 3D characters and augmented reality filters, Hyprsense facilitates immersive experiences that accurately reflect users' expressions, thereby advancing the capabilities of digital interaction and animation.
BinaryVR
Convertible Note in 2016
BinaryVR aims for seamless interaction between AI and people’s daily lives in the computer vision field. While straddling the line between R&D and product build, BinaryVR is on the front of the cutting-edge technology keeping their core value in constant evolution. Founded in 2015, the company is headquartered in Burlingame, California, United States.
BinaryVR
Seed Round in 2015
BinaryVR aims for seamless interaction between AI and people’s daily lives in the computer vision field. While straddling the line between R&D and product build, BinaryVR is on the front of the cutting-edge technology keeping their core value in constant evolution. Founded in 2015, the company is headquartered in Burlingame, California, United States.
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