Riot Ventures

True Anomaly is focused on enhancing space security and resilience by developing advanced technologies at the intersection of spacecraft, software, and autonomy. The company aims to create a secure and sustainable space environment for the United States and its allies by designing, building, and selling solutions that address the challenges of space security. Their fully integrated technology platform combines training and simulation tools, sophisticated spacecraft manufacturing capabilities, and autonomous systems. This approach seeks to revolutionize space security and stability while offering innovative mission and software solutions to the commercial space market.

Parallel Systems designs an autonomous, zero-emissions freight transportation system. The company believes the future of freight transportation should be fast, inexpensive, and clean while also reducing congestion on the highways. Parallel Systems develops automated, battery-electric freight rail vehicles aimed at converting freight transportation from trucking to rail. The company focuses on building innovative rail vehicles and integration tools that work seamlessly with existing railroad operations. By utilizing its technology, Parallel Systems enables railroads to serve new markets, particularly for routes less than 1,000 miles. This solution provides a more flexible, zero-emissions alternative for freight movement, complementing traditional freight rail services while expanding operational capabilities and reducing environmental impact.

Blue Water Autonomy operates as a company that builds autonomous ships.

Uses nuclear fission to create gas and oil from ambient air.

Karman Industries is electrifying industrial thermal energy consumption to assist worldwide businesses in drastically lowering both manufacturing costs and onsite Scope 1 emissions.

Deterrence is a defense technology company focused on automating the production of reliable, safe energetics at scale.

Karman Industries is electrifying industrial thermal energy consumption to assist worldwide businesses in drastically lowering both manufacturing costs and onsite Scope 1 emissions.

Duro is a developer of a cloud-based software-as-a-service platform that offers a product lifecycle management (PLM) solution tailored for hardware companies. The platform simplifies the design and manufacturing processes of custom hardware products by integrating features such as bill of material (BOM) management and automated data entry and validation. This ensures adherence to industry standards and best practices in hardware product development. Duro’s workflow management system is user-friendly, resembling a spreadsheet while providing real-time production status reports and supply chain risk alerts through an accessible dashboard. This comprehensive solution aims to enhance efficiency and streamline operations for hardware product companies.

Deterrence is a defense technology company focused on automating the production of reliable, safe energetics at scale.

True Anomaly is focused on enhancing space security and resilience by developing advanced technologies at the intersection of spacecraft, software, and autonomy. The company aims to create a secure and sustainable space environment for the United States and its allies by designing, building, and selling solutions that address the challenges of space security. Their fully integrated technology platform combines training and simulation tools, sophisticated spacecraft manufacturing capabilities, and autonomous systems. This approach seeks to revolutionize space security and stability while offering innovative mission and software solutions to the commercial space market.

Sift offers transformative tools for machine creators to innovate at speed and scale.

Shield AI Inc is a San Diego-based company that specializes in developing artificial intelligence systems for national security and first responders. Founded in 2015, the company creates products that enhance safety for service members and civilians through advanced AI technologies. Its prominent offerings include Nova, an autonomous quadcopter drone equipped with lidar technology, capable of navigating in GPS-denied environments to provide real-time imagery and mapping for military operations. Additionally, the company’s Hivemind software allows various unmanned vehicles, including drones and aircraft, to operate autonomously without GPS or human intervention, thereby maintaining maneuverability in contested settings. Shield AI also incorporates the V-BAT, a vertical takeoff and landing aircraft, which has demonstrated resilience in challenging regions such as the Black Sea and the Middle East. The company aims to transform defense operations through innovative machine learning applications, enabling unmanned systems to perform complex tasks in dynamic and unscripted environments.

Oxide Computer Company, founded in 2019 and based in Oakland, California, specializes in the development and operation of data center infrastructure. The company designs and manufactures server racks tailored for on-premises computing environments, leveraging advanced technology to incorporate cloud hyper-scale innovations. These innovations enhance the density, efficiency, cost-effectiveness, reliability, manageability, and security of both hardware and software. Additionally, Oxide's solutions allow for the segmentation of racks into distinct zones based on their physical location, enabling companies and IT professionals to utilize innovative computing infrastructure while delivering hyper-scale cloud computing capabilities.

Alloy Enterprises Inc. is a company based in Somerville, Massachusetts, that specializes in developing advanced 3D printing technologies aimed at addressing inefficiencies in conventional manufacturing processes. Founded in 2020, Alloy focuses on industrial engineering and manufacturing technology, particularly for aluminum parts. The company's innovative aluminum additive technology allows for the production of dense, low-cost parts without relying on expensive and hazardous powders. This approach helps clients overcome limitations associated with traditional manufacturing methods, fostering innovation and facilitating progress in lightweight design and emissions reduction.

OpenEnvoy is a financial software provider that offers automation and insight solutions specifically designed for finance teams. The platform focuses on accounts payable automation and invoice reconciliation, aiming to protect businesses from issues such as duplicate billings, excessive charges, and supplier fraud. By auditing invoices without requiring manual intervention, OpenEnvoy has reviewed over $2 billion in spending, providing companies with real-time visibility into their supplier networks. This approach enables finance teams to achieve immediate returns on investment while managing costs predictably.

True Anomaly is focused on enhancing space security and resilience by developing advanced technologies at the intersection of spacecraft, software, and autonomy. The company aims to create a secure and sustainable space environment for the United States and its allies by designing, building, and selling solutions that address the challenges of space security. Their fully integrated technology platform combines training and simulation tools, sophisticated spacecraft manufacturing capabilities, and autonomous systems. This approach seeks to revolutionize space security and stability while offering innovative mission and software solutions to the commercial space market.

Shield AI Inc is a San Diego-based company that specializes in developing artificial intelligence systems for national security and first responders. Founded in 2015, the company creates products that enhance safety for service members and civilians through advanced AI technologies. Its prominent offerings include Nova, an autonomous quadcopter drone equipped with lidar technology, capable of navigating in GPS-denied environments to provide real-time imagery and mapping for military operations. Additionally, the company’s Hivemind software allows various unmanned vehicles, including drones and aircraft, to operate autonomously without GPS or human intervention, thereby maintaining maneuverability in contested settings. Shield AI also incorporates the V-BAT, a vertical takeoff and landing aircraft, which has demonstrated resilience in challenging regions such as the Black Sea and the Middle East. The company aims to transform defense operations through innovative machine learning applications, enabling unmanned systems to perform complex tasks in dynamic and unscripted environments.

Rugged Robotics Inc., founded in 2018 and based in Houston, Texas, specializes in developing robotic platforms tailored for the commercial construction industry. The company’s flagship product, the Mark I, autonomously marks architectural and engineering designs directly onto concrete floors, facilitating accurate construction layout. This robotic system replaces traditional manual methods, which are often slow and prone to errors, thereby enhancing productivity and efficiency on construction sites. Rugged Robotics positions itself as a provider of layout as a service, offering solutions that not only address real-world construction challenges but also save time and reduce costs for contractors. By scaling its fleet and commercializing its technology, Rugged Robotics aims to deliver accessible, hardware-enabled solutions that significantly improve operational workflows in the construction sector.

Route is a shipping platform that enhances the online customer experience by offering a comprehensive solution for tracking and protecting orders. It seamlessly integrates with various retailers, allowing users to monitor their packages visually at any time and from any location. By addressing common shipping challenges, Route aims to foster brand loyalty among consumers by safeguarding their purchases against loss, theft, or damage. The platform provides an efficient way for customers to manage their online purchases, ensuring a reliable and secure delivery process.

Parallel Systems designs an autonomous, zero-emissions freight transportation system. The company believes the future of freight transportation should be fast, inexpensive, and clean while also reducing congestion on the highways. Parallel Systems develops automated, battery-electric freight rail vehicles aimed at converting freight transportation from trucking to rail. The company focuses on building innovative rail vehicles and integration tools that work seamlessly with existing railroad operations. By utilizing its technology, Parallel Systems enables railroads to serve new markets, particularly for routes less than 1,000 miles. This solution provides a more flexible, zero-emissions alternative for freight movement, complementing traditional freight rail services while expanding operational capabilities and reducing environmental impact.

Elementary Robotics, Inc. specializes in manufacturing robots designed to assist humans in various industries, including electronics, automotive, medical, and consumer packaged goods. Founded in 2017 and headquartered in Pasadena, California, with additional offices in Mexico and Chicago, the company focuses on automating quality assurance and traceability processes in AI-assisted manufacturing. Its robots are equipped with advanced software, deep learning AI, and camera systems to capture visual data, enabling real-time decision-making and enhancing the efficiency of production lines. By integrating machine learning and computer vision, Elementary Robotics aims to create intelligent automation solutions that improve productivity and streamline workflows in manufacturing and logistics.

Duro is a developer of a cloud-based software-as-a-service platform that offers a product lifecycle management (PLM) solution tailored for hardware companies. The platform simplifies the design and manufacturing processes of custom hardware products by integrating features such as bill of material (BOM) management and automated data entry and validation. This ensures adherence to industry standards and best practices in hardware product development. Duro’s workflow management system is user-friendly, resembling a spreadsheet while providing real-time production status reports and supply chain risk alerts through an accessible dashboard. This comprehensive solution aims to enhance efficiency and streamline operations for hardware product companies.

OpenEnvoy is a financial software provider that offers automation and insight solutions specifically designed for finance teams. The platform focuses on accounts payable automation and invoice reconciliation, aiming to protect businesses from issues such as duplicate billings, excessive charges, and supplier fraud. By auditing invoices without requiring manual intervention, OpenEnvoy has reviewed over $2 billion in spending, providing companies with real-time visibility into their supplier networks. This approach enables finance teams to achieve immediate returns on investment while managing costs predictably.

BodesWell specializes in self-service financial planning software aimed at financial institutions, enabling them to offer planning benefits to individuals who do not have access to an advisor. The company's automated tools assist users in tracking budgets and managing investments, focusing on financial milestones such as purchasing a home, funding education, and preparing for retirement. By integrating BodesWell's solutions into existing online platforms, established financial services companies can effectively reach and support underserved customers. In June 2022, BodesWell was acquired by American Express, further enhancing its capacity to deliver comprehensive financial planning resources.

Standard Metrics is an automated financial platform that streamlines data management for investors and startups. By eliminating data silos commonly found in spreadsheets and outdated applications, it provides a centralized system for accessing essential financial metrics and investment information. The platform enables real-time engagement between investors and founders, fostering transparency and facilitating informed decision-making. With automated data collection and comprehensive portfolio management services, Standard Metrics empowers startups to analyze their performance effectively, ultimately aiding in strategic scaling and maximizing returns for investors.

Oxide Computer Company, founded in 2019 and based in Oakland, California, specializes in the development and operation of data center infrastructure. The company designs and manufactures server racks tailored for on-premises computing environments, leveraging advanced technology to incorporate cloud hyper-scale innovations. These innovations enhance the density, efficiency, cost-effectiveness, reliability, manageability, and security of both hardware and software. Additionally, Oxide's solutions allow for the segmentation of racks into distinct zones based on their physical location, enabling companies and IT professionals to utilize innovative computing infrastructure while delivering hyper-scale cloud computing capabilities.

Shield AI Inc is a San Diego-based company that specializes in developing artificial intelligence systems for national security and first responders. Founded in 2015, the company creates products that enhance safety for service members and civilians through advanced AI technologies. Its prominent offerings include Nova, an autonomous quadcopter drone equipped with lidar technology, capable of navigating in GPS-denied environments to provide real-time imagery and mapping for military operations. Additionally, the company’s Hivemind software allows various unmanned vehicles, including drones and aircraft, to operate autonomously without GPS or human intervention, thereby maintaining maneuverability in contested settings. Shield AI also incorporates the V-BAT, a vertical takeoff and landing aircraft, which has demonstrated resilience in challenging regions such as the Black Sea and the Middle East. The company aims to transform defense operations through innovative machine learning applications, enabling unmanned systems to perform complex tasks in dynamic and unscripted environments.

Toast, Inc. is a restaurant technology company that provides a comprehensive point-of-sale and management platform tailored for the food service and hospitality industry. Founded in 2011 and headquartered in Boston, Massachusetts, with additional offices in Portland, Oregon; Omaha, Nebraska; and Dublin, Ireland, Toast serves a diverse range of establishments, including restaurants, bakeries, cafés, bars, nightclubs, and pizzerias. Its cloud-based system features advanced capabilities such as tableside ordering, online ordering, real-time enterprise reporting, and labor management, all designed for ease of use. By integrating payment processing with its software services, Toast supports around 120,000 restaurant locations across the United States, processing significant transaction volumes annually. The company generates revenue through software subscription fees, transaction fees, and other services, positioning itself as a key player in the restaurant technology sector.

Desktop Metal, Inc. specializes in additive manufacturing solutions, providing innovative 3D printing technologies tailored for engineers, designers, and manufacturers across various industries. Founded in 2015 and headquartered in Burlington, Massachusetts, the company offers a range of products, including the Production System for industrial manufacturing, the Shop System for metal additive manufacturing in machine and job shops, the Studio System for office-based metal 3D printing, and the Fiber desktop 3D printer. Its technologies cater to sectors such as automotive, aerospace, healthcare, consumer products, and heavy industry, enabling on-demand digital mass production that emphasizes speed, cost-efficiency, and high-quality parts. Desktop Metal operates in markets across the Americas, Europe, the Middle East, Africa, and the Asia-Pacific region, with the majority of its revenue generated from the Americas.

Elementary Robotics, Inc. specializes in manufacturing robots designed to assist humans in various industries, including electronics, automotive, medical, and consumer packaged goods. Founded in 2017 and headquartered in Pasadena, California, with additional offices in Mexico and Chicago, the company focuses on automating quality assurance and traceability processes in AI-assisted manufacturing. Its robots are equipped with advanced software, deep learning AI, and camera systems to capture visual data, enabling real-time decision-making and enhancing the efficiency of production lines. By integrating machine learning and computer vision, Elementary Robotics aims to create intelligent automation solutions that improve productivity and streamline workflows in manufacturing and logistics.

Rugged Robotics Inc., founded in 2018 and based in Houston, Texas, specializes in developing robotic platforms tailored for the commercial construction industry. The company’s flagship product, the Mark I, autonomously marks architectural and engineering designs directly onto concrete floors, facilitating accurate construction layout. This robotic system replaces traditional manual methods, which are often slow and prone to errors, thereby enhancing productivity and efficiency on construction sites. Rugged Robotics positions itself as a provider of layout as a service, offering solutions that not only address real-world construction challenges but also save time and reduce costs for contractors. By scaling its fleet and commercializing its technology, Rugged Robotics aims to deliver accessible, hardware-enabled solutions that significantly improve operational workflows in the construction sector.

System1 Biosciences, Inc., is a San Francisco-based neurotherapeutics company that employs phenotypic screening to discover novel drugs for complex neurological and psychiatric diseases such as epilepsy, autism, and schizophrenia, disorders for which current discovery techniques have proved least successful. System1 combines cerebral organoid science, systems neuroscience, robotic automation, and advanced data analytics to discover characterizations of disease never before achievable. These “deep phenotypes” are exploited to identify novel therapeutic targets and drug treatments.

Sentenai Inc. is a Boston-based company that specializes in a cloud-based platform designed to automate data engineering for machine learning and predictive applications, particularly in the Internet of Things (IoT) and logistics sectors. Founded in 2015, Sentenai provides a service that connects intelligent systems to the necessary data for real-time decision-making. Its platform integrates distributed systems and applied machine learning to automatically organize sensor data streams, rendering them searchable and accessible. By automating data integration and enabling continuous analysis, Sentenai allows organizations to gain a comprehensive view of their systems, facilitating agile decision-making and generating actionable insights from operational data.

Simbe Robotics, Inc. is a technology company based in San Francisco, California, specializing in autonomous robotic solutions for the retail industry. Founded in 2014, the company has developed a robotic system named Tally, which autonomously navigates store aisles to conduct shelf audits. Tally captures real-time inventory data, identifying out-of-stock items, low stock levels, misplaced products, and pricing discrepancies. By automating these repetitive and labor-intensive tasks, Simbe Robotics enhances operational efficiency for retail staff, allowing them to focus on customer service and other critical aspects of store management. The robotic system operates safely during regular store hours, effectively integrating into the shopping environment without disrupting customers or employees.