Kela Technologies
Seed Round in 2025
Kela Technologies specializes in providing a secure, open platform that facilitates the swift and seamless integration of commercial and military systems, catering to the needs of Western defense. This platform offers battle-tested technology, interoperability, and adaptability, empowering defense organizations to tackle contemporary warfare challenges and keep pace with emerging innovations.
Kela Technologies
Series A in 2025
Kela Technologies specializes in providing a secure, open platform that facilitates the swift and seamless integration of commercial and military systems, catering to the needs of Western defense. This platform offers battle-tested technology, interoperability, and adaptability, empowering defense organizations to tackle contemporary warfare challenges and keep pace with emerging innovations.
Phoenix Tailings
Series B in 2024
Phoenix Tailings Inc. is a company focused on producing primary metal products from mining tailings, with a commitment to sustainability and economic efficiency. Founded in 2019 and based in Woburn, Massachusetts, the company specializes in the recycling and re-mining of hazardous by-products, particularly Bauxite Residue, from the aluminum industry. By treating mining and refining waste as a new source of ore, Phoenix Tailings aims to extract strategic materials essential for various industries, including aerospace, defense, automotive, biotechnology, and more. The company's innovative approach not only facilitates the recovery of valuable metals but also addresses environmental concerns by reducing hazardous waste and providing carbon-free alternatives for metal sourcing.
Vatn Systems
Seed Round in 2024
Vatn Systems develops affordable autonomous underwater vehicles capable of operating in cooperative swarms. The company focuses on advanced navigation software that performs effectively even in environments where GPS, vision, and communication systems are compromised, thereby reducing hardware costs. By leveraging this technology, Vatn Systems supports various applications in underwater exploration and defense, allowing clients to expand their operational capabilities in challenging underwater conditions.
Dropzone AI
Series A in 2024
Dropzone AI specializes in developing an intelligent augmentation platform that deploys pre-trained autonomous AI security agents. These agents collaborate with human analysts, investigating a vast number of security alerts, mimicking the techniques of top analysts. This allows human analysts to focus on critical, high-value tasks and genuine threats, rather than being overwhelmed by routine alert investigation.
Jetcool Technologies Inc., established in 2019 and headquartered in Littleton, Massachusetts, specializes in the research and development of advanced chip cooling solutions. The company offers a range of cooling products, from bare die to system level, and provides customized solutions. Jetcool's innovative microjet cooling modules, developed at MIT Lincoln Laboratory, are designed to efficiently cool high-power electronics in industries such as defense and aerospace, advanced semiconductors, data centers, and electric vehicle power systems. The company's technology, published in several academic papers, uses small jets of fluid to cool components at the chip or device scale, enabling manufacturers to create more durable, energy-efficient products.
Q-CTRL, established in 2017 and based in Pyrmont, Australia, specializes in developing software tools and firmware for the quantum computing sector. Its core solution focuses on reducing and controlling quantum bit errors in quantum hardware devices, a critical challenge in the field. Q-CTRL's quantum control infrastructure software caters to R&D professionals and end-users, accelerating the development of useful quantum computers. The company also develops "software-defined" quantum sensors for applications in defense, intelligence, navigation, and earth observation. Q-CTRL works with global leaders in quantum technology, including universities, national labs, and industry partners, and is an IBM Quantum Startup network member. It has received numerous awards and recognitions, including being named a World Economic Forum Global Innovator and featured in prominent international publications.
Fleet Space Technologies
Series B in 2021
Fleet Space Technologies is an Australian space technology company that operates a fleet of commercial micro-satellites aimed at transforming critical mineral discovery and space exploration. The company has developed innovative solutions, including the world's first 3D-printed all-metal patch antenna for space, which significantly enhances data throughput. Fleet utilizes its satellite constellation to facilitate the exploration of critical minerals globally and provides satellite-enabled systems and seismic array technology to connect Earth, the Moon, and Mars. By offering low-cost satellite-based systems for Industrial Internet of Things applications, Fleet Space Technologies seeks to revolutionize the mineral exploration and defense sectors while advancing space exploration initiatives.
Visionary Machines
Seed Round in 2021
Visionary Machines specializes in developing advanced spatial vision technology for machines, utilizing passive camera arrays to achieve super-human perception capabilities. The company's 3D spatial sensor employs geometric measurements from multiple cameras across various spectra, enhanced by sophisticated AI techniques. This technology aims to simplify automation and navigation by providing high-fidelity perception that minimizes ambiguity and errors. Visionary Machines' initial applications focus on defense, mining, and logistics sectors, where precise and reliable spatial awareness is crucial.
Q-CTRL
Venture Round in 2020
Q-CTRL, established in 2017 and based in Pyrmont, Australia, specializes in developing software tools and firmware for the quantum computing sector. Its core solution focuses on reducing and controlling quantum bit errors in quantum hardware devices, a critical challenge in the field. Q-CTRL's quantum control infrastructure software caters to R&D professionals and end-users, accelerating the development of useful quantum computers. The company also develops "software-defined" quantum sensors for applications in defense, intelligence, navigation, and earth observation. Q-CTRL works with global leaders in quantum technology, including universities, national labs, and industry partners, and is an IBM Quantum Startup network member. It has received numerous awards and recognitions, including being named a World Economic Forum Global Innovator and featured in prominent international publications.
QuintessenceLabs
Venture Round in 2020
QuintessenceLabs specializes in developing advanced data security technologies that protect digital information whether in transit, at rest, or in use. The company utilizes quantum science principles to enhance its cybersecurity applications, enabling robust security strategies and centralized management of data-security policies. This approach not only maximizes security but also improves the return on investment from existing assets while simplifying data-security management. QuintessenceLabs serves a diverse clientele, including financial institutions like Westpac Group, technology providers such as NetDocuments and PKWare, as well as federal entities like the US State Department and defense contractors including Boeing and Northrop Grumman.
Red Balloon Security
Series A in 2018
Red Balloon Security is a cybersecurity company based in New York, founded in 2011. It specializes in developing robust security solutions for embedded device systems across various industries, including consumer electronics, automobiles, manufacturing, homeland security, and military. The company's software offers intrusion defense and situational awareness to protect against advanced zero-day exploitation of embedded devices. Additionally, it provides deep host-based defense capabilities, enabling users to scan, detect, and delete malware, spyware, and viruses from different devices. Red Balloon Security has a strategic partnership with In-Q-Tel and is known for its FRAK system, which automates the process of unpacking, modifying, and repacking embedded system firmware to install Symbiote defenses.
Interset
Venture Round in 2018
Interset, now a part of Micro Focus, equips security teams with analytics to detect, investigate, and respond to threats before data is stolen. Our user and entity behavioral analytics augments existing security tools and leverages machine learning to measure the unique footprint of systems and users—distilling billions of events into a handful of prioritized threat leads. What used to take months, now takes minutes. A member of the In-Q-Tel portfolio, Interset is trusted to protect critical data and infrastructure in the finance, high tech manufacturing, healthcare, utility, and energy industries.
AREVO
Venture Round in 2017
AREVO, based in Silicon Valley, California, is a technology company specializing in direct digital additive manufacturing of ultra-strong, lightweight composite parts for high-volume end-use applications. The company combines advanced materials, powerful design and build software, and free motion robotics to achieve true three-dimensional construction. This innovative approach allows AREVO to move beyond prototyping, facilitating the design and production of large, mass-manufactured parts and structures. By leveraging the unique properties of composite materials, AREVO provides designers and manufacturers with exceptional flexibility and strength, targeting sectors such as aerospace, defense, consumer electronics, transportation, and consumer goods. With its cutting-edge technology, AREVO is positioned to optimize additive manufacturing services for original equipment manufacturers worldwide.
Interset
Venture Round in 2015
Interset, now a part of Micro Focus, equips security teams with analytics to detect, investigate, and respond to threats before data is stolen. Our user and entity behavioral analytics augments existing security tools and leverages machine learning to measure the unique footprint of systems and users—distilling billions of events into a handful of prioritized threat leads. What used to take months, now takes minutes. A member of the In-Q-Tel portfolio, Interset is trusted to protect critical data and infrastructure in the finance, high tech manufacturing, healthcare, utility, and energy industries.
Palantir Technologies
Secondary Market in 2014
Palantir Technologies, established in 2003, specializes in developing data integration and analysis platforms. The company offers two primary products: Palantir Gotham, designed for enterprises to manage, secure, and analyze data, and Palantir Metropolis, focused on quantitative data analysis. Palantir serves a wide range of sectors, including government, defense, finance, healthcare, and others, helping them make sense of large, complex data sets. The company is headquartered in Palo Alto, California.
Protonex Technology
Venture Round in 2013
Protonex Technology is a developer and manufacturer of intelligent power management and portable fuel cell products tailored for military and commercial markets. The company focuses on revolutionizing portable power solutions, offering advantages over traditional batteries and generators. By providing mission-critical equipment, Protonex enhances energy efficiency and operational flexibility for military applications, addressing the evolving power needs of its users.
D-Wave Systems
Venture Round in 2012
D-Wave Systems Inc. is a pioneering company in the field of quantum computing, recognized as the world’s first commercial supplier of quantum computers. Founded in 1999 and headquartered in Burnaby, Canada, D-Wave specializes in the development, fabrication, and integration of superconducting quantum computers. The company offers a range of products, including the D-Wave Two System, a commercial quantum computer, and D-Wave Hybrid, an open-source platform for creating hybrid quantum-classical applications. Leap, its cloud-based service, provides real-time access to quantum computing resources along with development tools and educational content. D-Wave’s quantum computers are applied across various sectors, addressing challenges in mission planning, logistics, machine learning, and optimization problems, among others. The company serves diverse industries, including defense, finance, energy, and academia, and also offers professional services, training, and customer support to enhance user experience and application development.
D-Wave Systems
Venture Round in 2012
D-Wave Systems Inc. is a pioneering company in the field of quantum computing, recognized as the world’s first commercial supplier of quantum computers. Founded in 1999 and headquartered in Burnaby, Canada, D-Wave specializes in the development, fabrication, and integration of superconducting quantum computers. The company offers a range of products, including the D-Wave Two System, a commercial quantum computer, and D-Wave Hybrid, an open-source platform for creating hybrid quantum-classical applications. Leap, its cloud-based service, provides real-time access to quantum computing resources along with development tools and educational content. D-Wave’s quantum computers are applied across various sectors, addressing challenges in mission planning, logistics, machine learning, and optimization problems, among others. The company serves diverse industries, including defense, finance, energy, and academia, and also offers professional services, training, and customer support to enhance user experience and application development.
InView Technology Corporation, established in 2009 and headquartered in Austin, Texas, specializes in the development and manufacturing of compressive sensing-based imaging and hyperspectral imaging products. The company's offerings include CompressView software for data management, shortwave infrared (SWIR) cameras, and controllable spatial light modulator systems. Its applications span microscopy and life sciences, military and surveillance, maritime, industrial process control, food and pharmaceutical inspection, energy audits, material research, and security. InView's technology enables low-cost, high-performance imaging solutions, making it accessible for a wide range of commercial and laboratory applications.
SIONYX
Venture Round in 2012
SiOnyx, Inc. is a company based in Beverly, Massachusetts, that specializes in advanced semiconductor technology focusing on shallow junction photonics. Founded in 2005, SiOnyx enhances the infrared sensitivity of silicon-based photonics, leading to significant improvements in light-sensing devices. The company develops ultra-low-light image sensors and night vision camera systems that cater to a diverse range of applications, including security, defense, consumer electronics, industrial, medical, and automotive sectors. Its product offerings include XQE CMOS image sensors, which enable functionalities such as night vision, biometrics, and eye-tracking, as well as HD action video cameras. SiOnyx is recognized for making digital night vision technology more accessible, thereby enhancing optoelectronic response in both visible and near-infrared regions.
Lime Microsystems
Series C in 2011
Lime Microsystems Limited is a fabless semiconductor company based in Guildford, United Kingdom, founded in 2005. The company specializes in the design and manufacture of field programmable radio frequency transceiver integrated circuits tailored for various wireless applications. Its products are utilized across a wide range of sectors, including consumer communications, military, emergency services, and wireless infrastructure. Lime Microsystems' technology supports applications such as femtocells, repeaters, mobile base stations, and machine-to-machine networks, as well as advanced systems like software-defined radio and cognitive radio. The company's offerings enable wireless providers and operators to enhance service delivery and engage in diverse business sectors effectively.
Genia Photonics
Venture Round in 2011
Genia Photonics Inc. is a technology company based in Laval, Quebec, specializing in the development and manufacture of fiber-based laser systems and components. Founded in 2009, the company focuses on providing innovative solutions for various sectors, including biomedical, industrial, environmental monitoring, and defense. Its product offerings include programmable tunable lasers for applications such as optical coherence tomography and time-resolved fluorescence spectroscopy, as well as high-power fiber amplifiers and lasers for tasks like marking and micromachining. Genia Photonics is also known for its synchronized programmable lasers, which are utilized in nonlinear imaging and chemical sensing. Additionally, the company’s technology supports advancements in medical procedures, such as tissue and cell identification, aesthetic microsurgery, and cancer detection, enhancing operational efficiency and minimizing invasive techniques in healthcare.
Digital Solid State Propulsion
Venture Round in 2011
Digital Solid State Propulsion LLC, founded in 2005 and located in Reno, Nevada, specializes in the development, manufacturing, and marketing of green and safe energetic materials, including controllable solid rocket motors and electrically-throttled propellants. The company serves both defense and commercial markets, offering innovative solutions such as thrusters, igniters, and squib applications that minimize environmental impact while maintaining high performance. Digital Solid State Propulsion operates a state-of-the-art laboratory equipped with advanced testing and chemical reactors, enabling rigorous evaluation and development of its products. As the sole-source provider of electrically controlled solid propellants, the company holds exclusive licenses for foundational formulations and has filed patents for new applications and ignition hardware. Through its environmentally friendly systems, Digital Solid State Propulsion aims to revolutionize traditional propulsion methods, providing safer alternatives that eliminate damaging shock waves and pollution associated with conventional energetic materials.
Alfalight
Venture Round in 2011
Alfalight is a designer and manufacturer of high-power diode lasers, serving the industrial, defense, and telecommunications sectors. The company specializes in a range of laser and electro-optical systems, including precision lasers that operate in the short-wave infrared, near infrared, and visible spectra. Alfalight's technology is distinguished by its innovative aluminum-free active region (ALFA) laser structures, which allow for the production of laser diodes that exhibit exceptional reliability and efficiency, positioning the company as a leader in the laser technology market.
InView Technology Corporation, established in 2009 and headquartered in Austin, Texas, specializes in the development and manufacturing of compressive sensing-based imaging and hyperspectral imaging products. The company's offerings include CompressView software for data management, shortwave infrared (SWIR) cameras, and controllable spatial light modulator systems. Its applications span microscopy and life sciences, military and surveillance, maritime, industrial process control, food and pharmaceutical inspection, energy audits, material research, and security. InView's technology enables low-cost, high-performance imaging solutions, making it accessible for a wide range of commercial and laboratory applications.
SitScape
Venture Round in 2010
SitScape, Inc. is an enterprise software company specializing in collaborative User-Defined-Operating-Picture (UDOP) Situational Awareness solutions. Founded in 2007 and based in Vienna, Virginia, SitScape offers a commercial-off-the-shelf software product that allows users to aggregate, visualize, and analyze diverse data sources into a cohesive common operating picture. This software is utilized across various sectors, including digital operations, emergency response, cybersecurity, and military applications, supporting teams in decision-making and real-time situational awareness. The company focuses on providing tools for visual contextual collaboration, secure information sharing, and agile data correlation, enabling organizations to enhance their operational efficiency and intelligence gathering. SitScape has established a strategic partnership with AECOM to further its mission in delivering innovative situational awareness solutions.
SpotterRF
Venture Round in 2010
SpotterRF LLC is a company based in Orem, Utah, that specializes in radar technology. It offers micro surveillance radars (MSR) designed for detecting and tracking moving people and vehicles, as well as compact surveillance radars intended for non-military applications in airports across the United States. The MSR units feature an integrated miniature web server, allowing users to monitor and visualize real-time data on moving entities through platforms like Google Earth. SpotterRF's products are utilized in various sectors, including special operations, border patrol, perimeter defense, and military force protection. The company has established a strategic investment and development agreement with In-Q-Tel to further enhance its technological capabilities.
Signal Innovations Group
Venture Round in 2010
Signal Innovations Group, Inc. is a technology company that develops advanced decision systems and imaging technologies for a range of sensor and data types, primarily serving government clients and industry partners in national security, public safety, and commercial surveillance. The company offers a comprehensive software suite for the processing, exploitation, and dissemination of airborne intelligence, surveillance, and reconnaissance data, designed for use on platforms with constraints regarding size, weight, and power. Their recognition software employs various techniques for detection, classification, and identification, enabling collection and analysis of sensor data from radars, sonar, images, and videos aboard both manned and unmanned vehicles. Additionally, Signal Innovations Group provides hierarchical security assessment algorithms and a multi-source intelligence analysis suite that incorporates natural language processing and network modeling. The company's video analytics solutions enhance surveillance capabilities by detecting suspicious activities across diverse applications, including law enforcement and retail environments. Founded in 2004, Signal Innovations Group is headquartered in Durham, North Carolina, with additional locations in Reston, Virginia.
Forterra Systems
Venture Round in 2009
Forterra Systems, based in San Mateo, California, specializes in creating 3D virtual environments designed for meetings, training, events, and collaboration across various sectors, including corporate, government, and healthcare. The company's OLIVE (On-Line Interactive Virtual Environment) software platform operates on standard PC hardware and networks, allowing users to rapidly deploy realistic and scalable 3D Internet solutions. These environments support applications ranging from small group interactions to large-scale simulations accommodating hundreds of concurrent users. Forterra's technology offers a more engaging and immersive experience than traditional audio and web conferencing, while eliminating the need for travel. The software is utilized by prominent organizations such as Thomson Reuters, Lockheed Martin, Accenture, and the US Army, and the company has established partnerships with industry leaders including IBM and Autodesk.
Nextreme Thermal Solutions
Series B in 2008
Nextreme designs and manufactures micro-scale thermal and power management products for the semiconductor, photonics, consumer, automotive and defense/aerospace industries. The company has embedded cooling and power generation capabilities into the widely accepted copper pillar bumping process used in high-volume electronic packaging. Nextreme’s breakthrough addresses the most challenging thermal and power management constraints in electronics today, and delivers the only fully-scalable technology solution by leveraging the existing, high-volume flip chip manufacturing infrastructure. By minimizing the need for manufacturing changes and focusing on developing a seamless design-in solution, Nextreme is changing the future of thermal and power management for the entire electronics industry.
GATR Technologies
Venture Round in 2008
GATR Technologies, Inc. designs and manufactures deployable inflatable satellite communication terminals that facilitate quick deployment and high-bandwidth communications in remote and challenging environments. The company specializes in creating compact and rugged antenna systems, along with associated equipment such as broadband outdoor modems, DC injection units, and UPS for antenna inflation. GATR's products are utilized by U.S. and foreign military forces, intelligence agencies, homeland security, emergency relief organizations, and commercial entities requiring efficient satellite communication solutions. The antennas are notable for their lightweight and portable design, allowing them to be easily transported and deployed, significantly reducing logistical challenges and shipping costs. Founded in 2004 and headquartered in Huntsville, Alabama, GATR Technologies operates as a subsidiary of Cubic Corporation.
Etherstack
Venture Round in 2007
Etherstack is a technology company that specializes in the design, development, and deployment of wireless communications software and products. Based in London, UK, with research and development operations in seven countries, Etherstack's offerings include protocol stacks and small form-factor transceiver designs that facilitate communication between transceivers and radio networks. The company also provides advanced solutions like the LTE25, which integrates LTE networks with existing narrowband systems, military software-defined radio waveforms, and various network elements based on radio over IP technologies. Etherstack's products primarily serve telecommunications equipment manufacturers catering to public safety agencies, utilities, defense, and mining sectors. The company was incorporated in 2012 and has established a global presence, exporting its technology and licensing its software to leading radio manufacturers.
MotionDSP
Venture Round in 2007
MotionDSP Inc. is a Burlingame, California-based company specializing in real-time video enhancement and image processing software. Founded in 2005, the company provides a suite of solutions including Ikena ISR for real-time video enhancement, Ikena Forensic for detailed video analysis to produce forensically valid evidence, Ikena Cloud for cloud-based video processing, and Ikena Spotlight for automating the redaction of personally identifiable information. MotionDSP's technology excels in improving video fidelity from various sources, such as surveillance cameras and drones, serving critical sectors such as the U.S. Department of Defense, national intelligence agencies, and law enforcement. Their software is vital for organizations that rely on accurate video analysis for high-stakes decision-making, including military and security applications.
IatroQuest Corporation
Venture Round in 2004
IatroQuest Corporation's breakthrough, patent-pending biosensing platform technology called Bio-Alloy™, is made possible by the convergence of nanotechnology, advanced semi-conductor materials, biotechnology and photonics. This Bio-Alloy platform will allow a wide range of product lines covering many market segments: from Biosensing Cartridges for the biodefense industry and high-density microarrays for drug discovery applications to Point-of-Care diagnostics and environmental monitoring. The unique attributes of Bio-Alloy™ enable it to detect and identify in real-time a wide range of biological agents, as well as specific small chemical molecules, with a high degree of sensitivity and selectivity.