Alumni Ventures Group

Alumni Ventures Group is a venture capital firm based in Manchester, New Hampshire, with offices across North America. It provides access to venture investing for individual accredited investors, particularly alumni networks, by offering diversified portfolios of venture opportunities and allowing members to invest alongside fellow alumni in ventures led by peers. The firm backs early-stage and later-stage opportunities across technology, consumer, healthcare, financial services, and other sectors, with a sector- and geography-agnostic approach. It typically invests between $10,000 and $3 million per deal and emphasizes the involvement of alumni connections and an institutional lead investor in opportunities. Alumni Ventures also offers focused funds to broaden participation, enabling accredited investors to access venture portfolios diversified by type, sector, stage, and geography. The model aims to democratize access to venture capital while maintaining rigorous selection standards through alumni networks.

Rob Adams

Managing Partner

Andrew Baum

Vice President, Treasury and Capital Management

David Beazley

Managing Partner

Matthew Caspari

Managing Partner

Matt Castellini

Senior Associate

Past deals in Electronics

Ion Storage Systems

Series A in 2024
Founded in 2015, Ion Storage Systems specializes in manufacturing solid-state lithium-ion batteries. The company serves the defense and aerospace, consumer electronics, and electric vehicles industries by developing energy-dense, safe, and non-flammable batteries using low-cost materials.

Astro Mechanica

Seed Round in 2024
Astro Mechanica designs innovative jet engines. Its Electric Adaptive Engine uses electric motors to drive the compressor, allowing it to spin at variable speeds and adapt its speed and combustion cycle. This technology enables businesses to manufacture aircraft with lower fuel consumption.

Ion Storage Systems

Series A in 2023
Founded in 2015, Ion Storage Systems specializes in manufacturing solid-state lithium-ion batteries. The company serves the defense and aerospace, consumer electronics, and electric vehicles industries by developing energy-dense, safe, and non-flammable batteries using low-cost materials.

Citrine Informatics

Venture Round in 2022
Citrine Informatics, Inc. is a software company based in Redwood City, California, with an additional office in Pittsburgh, Pennsylvania, founded in 2013. It specializes in materials informatics by developing an artificial intelligence platform that aggregates extensive data on materials, chemicals, and devices. This platform leverages machine learning and data science to enhance research and development, manufacturing, and supply chain operations for organizations involved in producing physical products. By streamlining the materials development process, Citrine Informatics aims to facilitate the discovery of new materials and reduce defects early in the research phase, thus improving product growth and design. The company's focus spans various sectors, including energy, aerospace, and electronics.

Quantum Machines

Series B in 2022
Quantum Machines specializes in developing control systems for quantum computers. They create innovative software, hardware, and electronics, merging classical engineering with quantum computing technology. The company's expertise spans algorithmics, digital signal processing, RF microwave engineering, machine learning, and quantum physics.

Ion Storage Systems

Series A in 2022
Founded in 2015, Ion Storage Systems specializes in manufacturing solid-state lithium-ion batteries. The company serves the defense and aerospace, consumer electronics, and electric vehicles industries by developing energy-dense, safe, and non-flammable batteries using low-cost materials.

Quantum Machines

Series B in 2021
Quantum Machines specializes in developing control systems for quantum computers. They create innovative software, hardware, and electronics, merging classical engineering with quantum computing technology. The company's expertise spans algorithmics, digital signal processing, RF microwave engineering, machine learning, and quantum physics.

Zendar

Venture Round in 2021
Zendar Inc. is a manufacturer of advanced radar systems specifically designed for autonomous vehicles. Founded in 2017 and headquartered in Berkeley, California, the company focuses on developing high-definition radar technology that integrates the advantages of traditional radar—such as long-range detection and all-weather functionality—with the high resolution typically associated with lidar systems. Zendar's radar solutions enable self-driving cars to operate safely in adverse weather conditions, providing high-resolution imaging that enhances situational awareness and overall safety for autonomous driving.

ARRIS

Series C in 2021
ARRIS specializes in developing additive molding technology for manufacturing large-scale 3D-aligned continuous fiber thermoplastic composite parts. Its innovative process combines aligned fibers, electronics, and metallic components within topology-optimized structures, serving industries such as aerospace, automotive, and consumer products.

Citrine Informatics

Venture Round in 2020
Citrine Informatics, Inc. is a software company based in Redwood City, California, with an additional office in Pittsburgh, Pennsylvania, founded in 2013. It specializes in materials informatics by developing an artificial intelligence platform that aggregates extensive data on materials, chemicals, and devices. This platform leverages machine learning and data science to enhance research and development, manufacturing, and supply chain operations for organizations involved in producing physical products. By streamlining the materials development process, Citrine Informatics aims to facilitate the discovery of new materials and reduce defects early in the research phase, thus improving product growth and design. The company's focus spans various sectors, including energy, aerospace, and electronics.

Ayar Labs

Venture Round in 2020
Ayar Labs develops and manufactures high-density electronic-photonic chiplets and lasers, specializing in optical interconnect solutions. Its flagship product, TeraPHY, offers a monolithic in-package optical I/O solution for applications requiring high bandwidth, low latency, and power efficiency. The company's products serve various industries such as artificial intelligence, cloud computing, telecommunications, aerospace, and military.

Linear Labs

Venture Round in 2020
Linear Labs specializes in manufacturing innovative electric motors designed for various industries such as electric vehicles, robotics, wind turbines, and HVAC systems. Incorporated in 2012, the company is headquartered in Fort Worth, Texas.

ARRIS

Series B in 2020
ARRIS specializes in developing additive molding technology for manufacturing large-scale 3D-aligned continuous fiber thermoplastic composite parts. Its innovative process combines aligned fibers, electronics, and metallic components within topology-optimized structures, serving industries such as aerospace, automotive, and consumer products.

ARRIS

Venture Round in 2020
ARRIS specializes in developing additive molding technology for manufacturing large-scale 3D-aligned continuous fiber thermoplastic composite parts. Its innovative process combines aligned fibers, electronics, and metallic components within topology-optimized structures, serving industries such as aerospace, automotive, and consumer products.

NuCurrent

Series C in 2019
NuCurrent is a Chicago-based developer and manufacturer of wireless power technologies, founded in 2009. It designs, fabricates, and integrates wireless power antennas, surface-mount inductors, and inductive coils for low- and high-frequency systems, and provides custom-designed prototypes. The company offers high-efficiency antennas and components suitable for a range of applications, and supports rapid prototyping and integration for OEMs and system integrators. Its wireless power solutions comply with major standards including A4WP, Qi, and PMA, enabling collaboration with automotive, consumer, industrial, IoT, mobile, and wearable device manufacturers. By focusing on optimized designs and manufacturing techniques, NuCurrent aims to deliver higher efficiency, smaller form factors, greater durability, and lower costs in wireless power deployment.

Tempo Automation Holdings

Series C in 2019
Tempo Automation Holdings, established in 2013 and headquartered in San Francisco, specializes in manufacturing low-volume electronics products. The company's core business involves designing and assembling printed circuit boards (PCBs) using a unique, software-automated platform. This platform enables Tempo to provide unparalleled speed, quality, and transparency, particularly during the critical prototype and new product introduction stages. Serving leading innovators across industries such as aerospace, medical technology, and automotive, Tempo Automation empowers its customers to accelerate product development and time to market.

AVA

Venture Round in 2018
AVA is a developer of a lightweight health device that monitors and filters pollutants. Its health device uses air quality sensors to filter small particles, which can be charged using a USB port and regulated through an application with the increasing levels of air impurities that enable users to protect themselves from specific pollutant details that can negatively affect their health.

Phase Four

Seed Round in 2018
Founded in 2015, Phase Four specializes in developing electric propulsion systems for small satellites. Its signature product is the Radio Frequency Thruster (RFT), which offers significant cost savings, reduced size, and propellant flexibility while maintaining high performance. The company's solutions enable clients to maneuver satellites into various orbits economically.

AVA

Series A in 2018
AVA is a developer of a lightweight health device that monitors and filters pollutants. Its health device uses air quality sensors to filter small particles, which can be charged using a USB port and regulated through an application with the increasing levels of air impurities that enable users to protect themselves from specific pollutant details that can negatively affect their health.

NuCurrent

Venture Round in 2017
NuCurrent is a Chicago-based developer and manufacturer of wireless power technologies, founded in 2009. It designs, fabricates, and integrates wireless power antennas, surface-mount inductors, and inductive coils for low- and high-frequency systems, and provides custom-designed prototypes. The company offers high-efficiency antennas and components suitable for a range of applications, and supports rapid prototyping and integration for OEMs and system integrators. Its wireless power solutions comply with major standards including A4WP, Qi, and PMA, enabling collaboration with automotive, consumer, industrial, IoT, mobile, and wearable device manufacturers. By focusing on optimized designs and manufacturing techniques, NuCurrent aims to deliver higher efficiency, smaller form factors, greater durability, and lower costs in wireless power deployment.

Phase Four

Seed Round in 2017
Founded in 2015, Phase Four specializes in developing electric propulsion systems for small satellites. Its signature product is the Radio Frequency Thruster (RFT), which offers significant cost savings, reduced size, and propellant flexibility while maintaining high performance. The company's solutions enable clients to maneuver satellites into various orbits economically.

FINsix

Venture Round in 2016
FINsix develops advanced power electronic systems, specializing in high-frequency power conversion technology. Its flagship product, the Dart adapter, is a highly miniaturized and efficient charging solution for laptops and USB devices. The company holds over 20 patents and operates from Menlo Park, California.

Clear Ballot

Venture Round in 2015
Clear Ballot Group, Inc. is a Boston-based company founded in 2009 that specializes in developing innovative election software and hardware products. Its flagship offering, ClearVote, is a comprehensive voting system designed to enhance the speed, accuracy, and transparency of the electoral process. The system utilizes browser-based software compatible with modern operating systems and commercially available scanning hardware, allowing election officials to efficiently manage their resources. Clear Ballot made its mark in the election industry with the introduction of the first independent, automated audit in 2012, followed by a complete voting system that has rapidly gained popularity across the United States. ClearVote is federally certified and utilized in several states, including Oregon, Washington, and Pennsylvania. Additionally, the company conducts statewide post-election audits in Maryland and Vermont, as well as in various counties in Florida and New York, reinforcing its commitment to improving election integrity.

FINsix

Series B in 2015
FINsix develops advanced power electronic systems, specializing in high-frequency power conversion technology. Its flagship product, the Dart adapter, is a highly miniaturized and efficient charging solution for laptops and USB devices. The company holds over 20 patents and operates from Menlo Park, California.

Clear Ballot

Seed Round in 2015
Clear Ballot Group, Inc. is a Boston-based company founded in 2009 that specializes in developing innovative election software and hardware products. Its flagship offering, ClearVote, is a comprehensive voting system designed to enhance the speed, accuracy, and transparency of the electoral process. The system utilizes browser-based software compatible with modern operating systems and commercially available scanning hardware, allowing election officials to efficiently manage their resources. Clear Ballot made its mark in the election industry with the introduction of the first independent, automated audit in 2012, followed by a complete voting system that has rapidly gained popularity across the United States. ClearVote is federally certified and utilized in several states, including Oregon, Washington, and Pennsylvania. Additionally, the company conducts statewide post-election audits in Maryland and Vermont, as well as in various counties in Florida and New York, reinforcing its commitment to improving election integrity.
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