Pathlit
Pre Seed Round in 2025
Pathlit is a technology company that specializes in AI-driven workflow automation. It offers a unified platform that integrates over 100 enterprise tools, such as Slack and Google Drive, to streamline business operations. Pathlit's key features include AI agents that automate repetitive tasks, a seamless ecosystem for tool integration, data-driven insights from unstructured data, and robust security and scalability. Trusted by major enterprises, Pathlit transforms AI from a standalone tool into a competitive advantage by turning manual workflows into automated, intelligent systems.
Elion Therapeutics
Series B in 2024
Elion Therapeutics is a biotechnology company dedicated to developing innovative treatments for life-threatening systemic fungal infections. The company focuses on enhancing the efficacy of Amphotericin B, a well-known antifungal drug, while ensuring that its formulations remain non-toxic to mammalian cells. By leveraging mechanistic insights, Elion aims to optimize natural compounds to create a broad spectrum of safe and effective antifungal therapies. Through its clinical research and development services, Elion Therapeutics is committed to addressing the urgent medical needs posed by invasive fungal infections.
Cadenza Bio
Seed Round in 2023
Cadenza Bio is a biotechnology company focused on developing highly selective small-molecule drugs aimed at treating demyelinating and inflammatory diseases. The company is dedicated to creating therapeutic medications that not only alleviate symptoms but also halt disease progression, promote repair, and enhance the quality of life for patients. By prioritizing the development of innovative treatments, Cadenza Bio aims to empower patients to regain control over their health and improve their overall well-being.
Integrated Dynamics
Angel Round in 2023
Integrated Dynamics is a bioengineering company that specializes in the conversion of organic waste into sustainable energy sources. It manufactures hybrid bioreactors that employ a proprietary high-temperature Microbial Electrolysis (HTME) platform, combining thermal hydrolysis, microbial metabolism, and microbial electrolysis to transform organic waste into hydrogen, carbon dioxide, and hydrocarbons. This process helps reduce organic waste in landfills and mitigate environmental pollution.
Natrion
Seed Round in 2022
Natrion LLC is a company that specializes in the design and manufacture of sodium-ion batteries and solid-state electrolyte components. Established in 2017 and based in Greenwich, Connecticut, Natrion is focused on advancing energy storage solutions for renewable energy power grids. One of its key innovations is LISIC, a plug-and-play solid-state electrolyte that can be quickly integrated into the production lines of battery manufacturers. This technology enhances safety by reducing fire risks, improves the durability of batteries, and allows for the incorporation of new high energy capacity chemistries, ultimately leading to better energy density. Natrion aims to provide efficient and reliable energy storage options to meet the growing demands of renewable energy systems.
Mesh++
Venture Round in 2021
Mesh++ is a developer of solar-powered wireless communication technologies aimed at providing high-speed WiFi connectivity in outdoor and public spaces. The company specializes in creating solar-powered routers that leverage mobile processing power to deliver reliable internet access, particularly in remote areas and locations that lack conventional infrastructure. By focusing on sustainable energy solutions, Mesh++ enables users to access high-speed internet at a low cost, thereby enhancing connectivity in communities and expanding digital inclusion.
Ascent Integrated Tech
Seed Round in 2021
Ascent Integrated Tech develops life-saving technology aimed at enhancing the safety and effectiveness of first responders, including firefighters and special forces. The company’s hardware-enabled software platform, known as the Tactical Assault Kit (TAK), provides real-time situational awareness through a dashboard that integrates with existing equipment and wearable devices. This technology enables incident commanders to monitor the locations and physiological conditions of their teams in hazardous environments, facilitating informed decision-making during emergencies. Ascent’s solutions are already in use across major U.S. metropolitan departments and are expanding internationally through collaborations with original equipment manufacturers and distributors. The company is supported by government contracts and venture funding, positioning it as a leader in redefining situational awareness for emergency response.
GrayKea
Funding Round in 2021
GrayKea is a social enterprise based in San Francisco, California, founded in 2020 with the mission of reducing financial stress among low-income college students. The company achieves this by facilitating sustainable alumni giving and providing direct-support options that are typically unavailable to donors. GrayKea also offers traditional scholarship gifts, creating additional avenues for financial assistance to help students manage their expenses more effectively.
Ocient Inc., founded in 2018 and based in Chicago, Illinois, specializes in providing analytical software solutions tailored for database management. The company has developed a data analytics platform capable of rapidly analyzing vast datasets, which can range from tens of terabytes to exabytes and contain trillions or quadrillions of rows. This platform excels in ingesting billions of rows per second, performing filtering operations, and computing aggregate results at remarkable speeds, reaching up to trillions of rows per second. By leveraging this technology, organizations can effectively harness and analyze large datasets with both scale and velocity, facilitating informed decision-making and insights.
Cystetic Medicines
Funding Round in 2020
Cystetic Medicines develops a treatment that potentially could help people with cystic fibrosis (CF), regardless of genetic mutation.
Network Perception
Seed Round in 2020
Network Perception, Inc. is a technology company specializing in network device configuration analysis software to enhance network management and security. Founded in 2013 and based in Chicago, Illinois, the company offers tools for firewall auditing and continuous monitoring, enabling corporate compliance and cybersecurity managers to visualize their network effectively. Its platform automates the analysis of network device configuration files, providing comprehensive audits and assessments that help organizations ensure their configurations align with best practices and regulatory standards. By delivering these innovative solutions, Network Perception assists businesses in managing cybersecurity vulnerabilities and maintaining compliance within their network environments.
Amber Agriculture
Seed Round in 2020
Amber Agriculture, established in 2016 and headquartered in Chicago, Illinois, specializes in developing Internet of Things (IoT)-based sensor technology for automated grain storage monitoring and management. Founded by individuals with backgrounds in farming and fitness tracker technology, the company's flagship product is an IoT self-install kit designed to automate high-return processes at the farm level. Amber Agriculture's wireless sensors monitor crop quality, enabling farmers to remotely track and manage stored grains, minimize waste, and optimize market pricing opportunities via cloud analytics and smartphone connectivity.
Apervita
Venture Round in 2019
With wasteful healthcare spending in the U.S. estimated at $935 billion, we take our role as a healthcare innovator very seriously. Simply put, we’re on a mission to transform quality measurement and care delivery. To drive toward a Learning Health System—a framework that drives better outcomes and cost efficiencies across the health ecosystem—the industry has to commit to real change. Apervita is that change. Through our solutions and trusted collaboration platform, we’re committed to making the Learning Health System a reality, making healthcare smarter and ultimately improving patient care. As we move into our next phase of growth, we’re looking for passionate and fearless professionals to help us pursue our mission. We’ve earned the trust of our investors, including Optum Ventures, Baird Capital, Pritzker Group Venture Capital and Math Venture Partners, to further grow and scale our business. We’ve also been recognized as an industry leader by Gartner, CIOReview, Healthcare Tech Outlook, and Healthcare Informatics. Always in search of the next “first,” Apervita was named the first company to certify electronic clinical quality measures from the National Committee for Quality Assurance (NCQA) using our proprietary clinical quality language (CQL) ingestion engine. And, we were recently awarded by Healthcare Innovation for our innovative work with The Joint Commission, one of the nation’s largest regulatory organizations. We believe we’re making a difference every day to drive improvements in quality care that lead to better patient outcomes with a lower cost of care. We’re honored to be on this incredibly important journey to build a better healthcare system.
Mesh++ is a developer of solar-powered wireless communication technologies aimed at providing high-speed WiFi connectivity in outdoor and public spaces. The company specializes in creating solar-powered routers that leverage mobile processing power to deliver reliable internet access, particularly in remote areas and locations that lack conventional infrastructure. By focusing on sustainable energy solutions, Mesh++ enables users to access high-speed internet at a low cost, thereby enhancing connectivity in communities and expanding digital inclusion.
Lightform
Series A in 2019
Lightform, Inc. is a computer vision and hardware company based in San Francisco, California, founded in 2014. The company specializes in developing technology for projected augmented reality, offering sound-reactive projectors, projector kits, and creator products that transform spaces through projection mapping. Lightform's innovative hardware tools and desktop application enable users to create animated content for various scenes, control projectors wirelessly from laptops or phones, and seamlessly integrate real objects with projected light. The company also provides 3D scanning options that allow for the scanning of complex scenes, automatically fine-tuning alignment and enhancing the projection mapping workflow with AI-generated effects and filters.
Vitrix Health
Pre Seed Round in 2019
Vitrix Health, Inc. is a company that designs, develops, and manufactures innovative screening tools for the healthcare industry, specifically focusing on early-stage detection of oral diseases and cancers. Founded in 2018 and headquartered in Champaign, Illinois, Vitrix Health utilizes a combination of optics and machine learning on a mobile platform to enhance the effectiveness of oral health screenings conducted by primary care providers. This technology addresses the significant number of Americans who do not visit dentists regularly, thereby improving overall health outcomes and reducing costs. The company's oral cancer screening device is currently undergoing pilot testing in various prestigious institutions, including Mt. Sinai Hospital and the University of Chicago Medical School, in addition to international clinical trials in Bolivia and India. By empowering primary care providers to detect oral diseases, Vitrix Health aims to bridge disparities in oral health and ensure timely referrals for dental care.
EarthSense
Pre Seed Round in 2019
EarthSense, Inc. is a company based in Champaign, Illinois, specializing in agricultural robotics and artificial intelligence. It develops innovative solutions to address challenges in modern agriculture, including labor shortages, environmental concerns, and food security. The company’s flagship product, TerraSentia, is an ultracompact, autonomous robot equipped with advanced sensors and onboard computation for plant phenotyping. EarthSense's platform has three main applications: enhancing crop productivity and sustainability, providing actionable insights for growers, and managing issues such as herbicide-resistant weeds. The modular design of their technology allows for easy integration and participation from other innovators in the field, fostering advancements in agricultural practices. By promoting climate-smart strategies, EarthSense aims to improve plant and soil health while reducing reliance on chemicals and costly inputs.
Xaptum, Inc. is a technology company based in Chicago, Illinois, that focuses on simplifying Internet of Things (IoT) security. Founded in 2013, it has developed a messaging platform designed to facilitate secure authentication, authorization, and auto-configuration of IoT devices over a single TCP connection. Xaptum's multi-tenant, future-proof network as a service addresses the complexities and fragmentation of existing IoT solutions, enabling enterprises to efficiently scale and secure their IoT deployments. By allowing customers to connect their devices to a secure, logical middle-mile network, Xaptum ensures that these devices and their data remain protected from public Internet exposure. The company employs zero-touch identity and key management solutions to streamline the provisioning and management of IoT devices, ultimately providing enhanced visibility, control, and flexibility for its clients.
Mesh++
Pre Seed Round in 2017
Mesh++ is a developer of solar-powered wireless communication technologies aimed at providing high-speed WiFi connectivity in outdoor and public spaces. The company specializes in creating solar-powered routers that leverage mobile processing power to deliver reliable internet access, particularly in remote areas and locations that lack conventional infrastructure. By focusing on sustainable energy solutions, Mesh++ enables users to access high-speed internet at a low cost, thereby enhancing connectivity in communities and expanding digital inclusion.
Petronics
Seed Round in 2017
Petronics is a company that develops robotic pets specifically designed for cats. Founded in 2014 and based in Champaign, Illinois, it offers a flagship product called Mousr, a robotic toy that features 360-degree vision, environmental sensing, and Bluetooth connectivity. These innovative products aim to engage indoor cats in play that mimics hunting behavior, promoting physical activity and helping to reduce obesity in pets. Through its advanced technology, Petronics seeks to enhance the interaction between cats and their owners while providing a stimulating environment for feline companions.
Cast21 is a developer of orthopedic medical products based in Memphis, Tennessee, that specializes in creating waterproof and breathable casts for fracture and joint care. Founded in 2015, the company focuses on innovative designs that enhance patient comfort and promote healing. Its products utilize lightweight materials that allow for skin care and hygiene while wearing the cast. Additionally, Cast21's designs facilitate the integration of electronic therapies to potentially reduce healing time, offering a modern solution for patients recovering from injuries.
Reconstruct
Seed Round in 2016
Reconstruct, Inc. is a technology company that specializes in predictive computer vision data analytics software tailored for the construction industry. Founded in 2016 and headquartered in Menlo Park, California, with an additional office in Champaign, Illinois, Reconstruct offers a visual production management platform that facilitates data collection from various sources, including drones and cameras. This platform enables users to analyze construction progress, visualize images and 3D models aligned with building information modeling (BIM), and identify potential delays. By providing a virtual command center, Reconstruct enhances coordination among project stakeholders such as general contractors, subcontractors, and owners, allowing for real-time monitoring and proactive planning. The platform ultimately aims to improve the quality and efficiency of construction projects while mitigating risks and ensuring better return on investment.
Aptimmune
Series A in 2016
Aptimmune is a biotechnology company headquartered in St. Louis, Missouri, established in 2010. It specializes in the development of mucosal vaccines aimed at preventing viral diseases in swine, specifically targeting the Porcine Reproductive and Respiratory Syndrome virus (PRRSV) and influenza A virus. By employing innovative technologies, including a proprietary pig alveolar macrophage cell line known as ZMAC, Aptimmune creates effective nasal delivery vaccines that provide lasting immune responses and enhance disease protection for animal breeders.
Diagnostic Photonics
Series B in 2016
Diagnostic Photonics, Inc. is a Chicago-based company that develops advanced imaging technologies to enhance the real-time evaluation of tissue microstructure by physicians. Founded in 2008, the company’s flagship product is the Foresee Imaging System, which employs near-infrared light waves and interferometric synthetic aperture microscopy to create diffraction-corrected images. This innovative approach allows healthcare professionals to perform rapid, free-hand scans, enabling them to locate and identify areas of interest with greater accuracy. The technology originated at the Beckman Institute for Advanced Science and Technology at the University of Illinois, positioning Diagnostic Photonics at the forefront of medical imaging solutions aimed at reinforcing clinicians' confidence in their therapeutic plans.
PhotoniCare
Seed Round in 2015
PhotoniCare, Inc. is a medical device company based in Champaign, Illinois, founded in 2013. The company specializes in developing innovative diagnostic tools for middle ear infections, particularly through its flagship product, the TOMi Scope. This handheld device utilizes advanced light-based technology, specifically near-infrared light waves, to provide 3D visualization of the middle ear beyond the eardrum. By enabling physicians to directly and harmlessly visualize the middle ear, PhotoniCare's technology allows for rapid assessment of middle ear conditions, assisting in determining the appropriate treatment, whether it be antibiotics or surgical intervention. The company's imaging platform also presents potential for future growth beyond otology.
Persio Inc., based in Chicago, Illinois, operates an online multi-channel marketing and decision-making platform tailored for retail marketers. Founded in 2007, the company provides solutions for customer profile building, campaign execution, data synchronization, and optimization. Persio's platform integrates various data sources, technology solutions, deployment channels, and identity resolution services into a single interface. This enables marketers to deploy personalized campaigns across multiple channels, including web, email, SMS, mobile apps, and other sales channels, ensuring relevant offers reach customers at optimal times. The company was formerly known as Iris Mobile Corporation and is now a subsidiary of Clutch Holdings, LLC.
Chromatin
Series F in 2015
Chromatin is a biotech company focused on developing and marketing innovative technologies and products across agricultural, energy, chemical, nutritional, and pharmaceutical sectors. The company specializes in hybrid, drought-tolerant sorghum seeds, utilizing advanced breeding methodologies to create next-generation sorghum that meets the rising demand for sustainable agricultural practices. By combining diverse sorghum varieties, Chromatin produces seeds that can thrive on more than 80% of the world's agricultural land, supporting farmers in optimizing crop production for both traditional agriculture and bio-industrial applications. The company aims to address key societal challenges, enhancing agricultural productivity and contributing to renewable energy resources.
Revenew
Venture Round in 2014
Revenew International, LLC, established in 1999 and headquartered in Houston, Texas, specializes in cost recovery and cost containment services. The company assists clients, predominantly Fortune 500 companies across industries like energy and power, in ensuring contractual compliance, recovering lost funds, and enhancing operational efficiency. Revenew's services include contract compliance reviews, supplier payment assessments, and performance improvement strategies. With regional offices across the United States and Canada, Revenew delivers these services through a comprehensive suite of programs tailored to clients' unique needs.
Rithmio
Seed Round in 2014
Rithmio, Inc. is a company specializing in gesture recognition technology, offering a software platform that enables product teams to develop accurate and personalized gesture-based applications. Founded in 2011 and headquartered in Chicago, Illinois, Rithmio's platform integrates with motion-sensing devices, including wearables, smartphones, and connected sports equipment, to learn, track, and analyze user movements in real time. Its flagship product, Constellation, supports the creation of next-generation wearables and connected clothing, facilitating partnerships with leading semiconductor companies and consumer electronics manufacturers. These collaborations allow Rithmio's technology to be embedded at the System on Chip or reference design level, enhancing the functionality of various devices in the market.
Vanquish Oncology
Venture Round in 2014
Vanquish Oncology, Inc. is a biotechnology company dedicated to developing targeted, small-molecule therapeutics aimed at addressing unmet and underserved cancer markets. Founded in 2011 and based in Champaign, Illinois, the company specializes in activating procaspase-3, a critical enzyme that initiates the process of apoptosis, leading to the death of cancer cells. Its innovative approach focuses on creating personalized oncology treatments that specifically target molecular defects in cancer cells. By utilizing a capital-efficient virtual model, Vanquish Oncology collaborates with contract research and manufacturing partners, allowing for the delivery of its therapies in an economically sustainable manner while minimizing the need for extensive infrastructure.
Chromatin
Series E in 2014
Chromatin is a biotech company focused on developing and marketing innovative technologies and products across agricultural, energy, chemical, nutritional, and pharmaceutical sectors. The company specializes in hybrid, drought-tolerant sorghum seeds, utilizing advanced breeding methodologies to create next-generation sorghum that meets the rising demand for sustainable agricultural practices. By combining diverse sorghum varieties, Chromatin produces seeds that can thrive on more than 80% of the world's agricultural land, supporting farmers in optimizing crop production for both traditional agriculture and bio-industrial applications. The company aims to address key societal challenges, enhancing agricultural productivity and contributing to renewable energy resources.
Phi Optics
Seed Round in 2013
Phi Optics Inc. develops optical imaging systems for life sciences, medical diagnostics, nanotechnology, and semiconductor testing applications. It offers Quantitative Phase Imaging, a label-free, non-contact, and non-invasive imaging method for measuring nanoscale structures and dynamics via interferometry. The company was founded in 2009 and is based in Champaign, Illinois.
Revenew International, LLC, established in 1999 and headquartered in Houston, Texas, specializes in cost recovery and cost containment services. The company assists clients, predominantly Fortune 500 companies across industries like energy and power, in ensuring contractual compliance, recovering lost funds, and enhancing operational efficiency. Revenew's services include contract compliance reviews, supplier payment assessments, and performance improvement strategies. With regional offices across the United States and Canada, Revenew delivers these services through a comprehensive suite of programs tailored to clients' unique needs.
Persio Inc., based in Chicago, Illinois, operates an online multi-channel marketing and decision-making platform tailored for retail marketers. Founded in 2007, the company provides solutions for customer profile building, campaign execution, data synchronization, and optimization. Persio's platform integrates various data sources, technology solutions, deployment channels, and identity resolution services into a single interface. This enables marketers to deploy personalized campaigns across multiple channels, including web, email, SMS, mobile apps, and other sales channels, ensuring relevant offers reach customers at optimal times. The company was formerly known as Iris Mobile Corporation and is now a subsidiary of Clutch Holdings, LLC.
ShareThis
Series C in 2013
ShareThis, Inc. is a technology company that specializes in developing a social data platform aimed at enhancing consumer engagement and content sharing for publishers, advertisers, and data-driven businesses. Founded in 2004 and headquartered in Palo Alto, California, ShareThis offers a suite of tools that enable real-time processing of first-party data, allowing users to drive engagement, optimize content, and personalize experiences across various digital channels. The company's offerings include share buttons for multiple social media platforms, reaction buttons, and tools for Social A/B testing to improve content effectiveness. Additionally, ShareThis provides a Real-Time Marketing Engine that helps brands activate their audiences across different screens and digital formats. By analyzing user behavior across millions of global domains, ShareThis synthesizes social share, interest, and intent data to deliver actionable insights for customer targeting and acquisition. The company also maintains offices in several key U.S. cities, including Chicago, New York City, Boston, and Manhattan Beach.
Serionix
Seed Round in 2013
Serionix, Inc. is a research and development company based in Champaign, Illinois, specializing in air and water purification solutions. Founded in 2011, the company focuses on creating innovative materials, including filters for air purifiers and furnace units. Serionix employs a proprietary adsorptive coating technology known as Colorfil™, which not only effectively removes toxic chemicals and odors from the air but also changes color to indicate filter performance and the need for replacement. In addition to enhancing air quality, the company's filters are designed to kill viruses, bacteria, and mold, providing comprehensive purification solutions for residential and commercial environments.
NorthStar Medical Radioisotopes
Venture Round in 2012
NorthStar Medical Radioisotopes, LLC, founded in 2006 and based in Madison, Wisconsin, specializes in developing technologies and raw materials for the nuclear medicine market in the United States. As a subsidiary of NorthStar Medical Technologies, the company addresses critical supply challenges in the production of medical isotopes, particularly Molybdenum-99 and Technetium-99m, which are essential for diagnostic imaging in various medical fields, including neurology, oncology, and cardiology. NorthStar also produces therapeutic isotopes such as Actinium-225 and Bismuth-213 for treating incurable diseases like cancer and HIV. The company’s innovative RadioGenix System enables the production of Tc-99m from non-uranium based molybdenum-99, providing a reliable and efficient alternative to traditional methods. NorthStar Medical Radioisotopes is committed to enhancing patient care and advancing clinical research through its patented technologies and high-quality radioisotope products.
Adrenaline Mobility
Seed Round in 2012
Adrenaline Mobility specializes in secure backend services for mobile applications. They employ military-grade end-to-end encryption to safeguard user data both on devices and during transmission to cloud servers. Adrenaline's solution is a library that integrates into apps, offering simple APIs for seamless storage of encrypted data in popular cloud systems like Amazon, Google, or Dropbox. This approach simplifies backend development by handling complex security aspects such as key management and secure messaging.
Semprius, Inc. is a company based in Durham, North Carolina, specializing in the design, development, and manufacture of high concentration photovoltaic (HCPV) solar modules. Founded in 2005, Semprius focuses on creating low-cost, high-performance solar solutions that are particularly effective in sunny and dry climates. The company's innovative micro-transfer printing technology allows for the production of highly efficient and reliable CPV modules, which are suitable for utility, commercial, industrial, and government applications. Additionally, Semprius licenses its micro-transfer printing technology for various non-solar applications, enabling the development of lightweight and thin products such as flat-panel displays, flexible electronics, and large-area sensors. This technology facilitates the integration of high-performance semiconductors across diverse platforms, enhancing the usability and accessibility of solar energy.
Buzz Digital (formerly Buzz Referrals)
Series A in 2011
Buzz Referrals enables companies to have their own referral programs that integrate with both social media and their company websites. The company is specialized in e-mail, mobile, and native advertising.
Chromatin
Series D in 2011
Chromatin is a biotech company focused on developing and marketing innovative technologies and products across agricultural, energy, chemical, nutritional, and pharmaceutical sectors. The company specializes in hybrid, drought-tolerant sorghum seeds, utilizing advanced breeding methodologies to create next-generation sorghum that meets the rising demand for sustainable agricultural practices. By combining diverse sorghum varieties, Chromatin produces seeds that can thrive on more than 80% of the world's agricultural land, supporting farmers in optimizing crop production for both traditional agriculture and bio-industrial applications. The company aims to address key societal challenges, enhancing agricultural productivity and contributing to renewable energy resources.
Personify
Series A in 2011
Personify Inc. is a technology company that specializes in developing innovative video communication solutions aimed at enhancing personal and professional interactions. Founded in 2009 and headquartered in Chicago, Illinois, with additional offices in Silicon Valley and Vietnam, Personify offers a range of products designed for collaboration and presentations. Its flagship offerings include a video calling platform that enables users to connect with friends, family, and coworkers in real time, allowing for shared experiences such as document collaboration, gaming, and live events. The company also provides tools like ChromaCam, which allows users to blur or replace their backgrounds for greater privacy in online meetings, and Presenter, which enhances the presentation experience during virtual interactions. Personify leverages advanced computer vision technologies to create immersive video experiences that foster meaningful connections across various contexts.
Diagnostic Photonics
Series A in 2011
Diagnostic Photonics, Inc. is a Chicago-based company that develops advanced imaging technologies to enhance the real-time evaluation of tissue microstructure by physicians. Founded in 2008, the company’s flagship product is the Foresee Imaging System, which employs near-infrared light waves and interferometric synthetic aperture microscopy to create diffraction-corrected images. This innovative approach allows healthcare professionals to perform rapid, free-hand scans, enabling them to locate and identify areas of interest with greater accuracy. The technology originated at the Beckman Institute for Advanced Science and Technology at the University of Illinois, positioning Diagnostic Photonics at the forefront of medical imaging solutions aimed at reinforcing clinicians' confidence in their therapeutic plans.
Caterva
Seed Round in 2011
Caterva, based in Champaign, Illinois, is a development stage company focused on creating a real-time social-marketing platform. Previously known as Yottaclick, Inc., the company was incorporated in 2008 and rebranded in 2010. Caterva specializes in social media data analysis and has recently introduced a service called mirror.me. This service aims to generate interest graphs based on users' online activities, facilitating connections among individuals with shared interests.
Semprius, Inc. is a company based in Durham, North Carolina, specializing in the design, development, and manufacture of high concentration photovoltaic (HCPV) solar modules. Founded in 2005, Semprius focuses on creating low-cost, high-performance solar solutions that are particularly effective in sunny and dry climates. The company's innovative micro-transfer printing technology allows for the production of highly efficient and reliable CPV modules, which are suitable for utility, commercial, industrial, and government applications. Additionally, Semprius licenses its micro-transfer printing technology for various non-solar applications, enabling the development of lightweight and thin products such as flat-panel displays, flexible electronics, and large-area sensors. This technology facilitates the integration of high-performance semiconductors across diverse platforms, enhancing the usability and accessibility of solar energy.
SolarBridge Technologies
Series C in 2011
SolarBridge Technologies, founded in 2004 and originally known as SmartSpark Energy Systems, specializes in the development of microinverter and monitoring solutions for the solar industry. With a significant research and development facility in Champaign, Illinois, and a corporate headquarters in Austin, Texas, the company focuses on enhancing the efficiency and reliability of solar power installations. Its product offerings include an energy management system that features microinverters, which convert direct current from photovoltaic modules into alternating current for the grid. Additionally, SolarBridge provides a solar information module that gathers performance data from each microinverter, enabling system owners to analyze energy production and facilitate remote monitoring via the internet. The company's mission is to reduce the Levelized Cost of Energy (LCOE) for solar installations by improving energy output and simplifying the installation process.
Local Offer Network
Series A in 2011
Local Offer Network (LON) is a technology company specializing in data integration and content distribution, primarily focusing on personalized marketing solutions. LON connects diverse data sources and consumer insights to deliver tailored content through its proprietary platforms. One of its key offerings, Catalyst, harnesses data from various origins to create anonymous user profiles, utilizing an Adaptive Response Model to predict consumer behavior and deliver relevant information in real-time. The company also manages a Syndicated Shopping Content Network that distributes a wide range of retail offers and coupons, reaching millions of consumers daily. Additionally, LON provides VoucherPro, a white-label platform that enables publishers and manufacturers to develop their own prepaid offer products, and Dealradar, a comprehensive shopping resource available in over 200 markets across four countries. LON serves notable clients, including MasterCard, Tribune, and Gannett, enhancing their marketing capabilities through innovative technology solutions.
Semprius, Inc. is a company based in Durham, North Carolina, specializing in the design, development, and manufacture of high concentration photovoltaic (HCPV) solar modules. Founded in 2005, Semprius focuses on creating low-cost, high-performance solar solutions that are particularly effective in sunny and dry climates. The company's innovative micro-transfer printing technology allows for the production of highly efficient and reliable CPV modules, which are suitable for utility, commercial, industrial, and government applications. Additionally, Semprius licenses its micro-transfer printing technology for various non-solar applications, enabling the development of lightweight and thin products such as flat-panel displays, flexible electronics, and large-area sensors. This technology facilitates the integration of high-performance semiconductors across diverse platforms, enhancing the usability and accessibility of solar energy.
Advanced Diamond Technologies
Series C in 2009
Advanced Diamond Technologies, Inc. engages in developing and applying diamond films for industrial, electronic, and medical applications. It offers AFM probes, ultrananocrystalline diamond seals, and ultrananocrystalline diamond wafers for MEMS development and UNCD product prototyping. The company also provides MEMS, applications development, and coating services. In addition, it offers UNCD Electrodes for advanced electrochemical water treatment applications. Further, the company operates as a licensee to the Argonne portfolio of application and process patents for using, synthesizing, and micromachining ultrananocrystalline diamond films. It offers its products through its Website, as well as through distributors in the United States and internationally. Advanced Diamond Technologies, Inc. was incorporated in 2002 and is based in Romeoville, Illinois.
Tetravitae Biosciences
Series A in 2008
Tetravitae Biosciences specializes in the development of bio-based chemicals, plastics, and fuels, utilizing a proprietary technology that focuses on industrial fermentations and microbiological processes. The company produces bio-butanol from biomass substrates through microbial fermentation, which enables the creation of sustainable alternatives to petroleum-derived products. By leveraging its expertise in process engineering and microbiology, Tetravitae aims to significantly reduce production costs, enhancing competitiveness in the market for renewable materials.
RiverGlass
Venture Round in 2008
RiverGlass, established in 2003 by pioneers of the World Wide Web from the University of Illinois' National Center for Supercomputing Applications (NCSA), specializes in providing intelligent web information analysis services to businesses and government agencies. The company offers a suite of products including intelligent web search, enterprise search, and connections solutions, designed to deliver accurate, concise, and often hard-to-find information tailored to clients' specific needs. RiverGlass serves a distinguished list of Fortune 1000 companies and governmental bodies, enabling them to make informed decisions by optimizing their access to critical data from diverse internet sources.
Semprius, Inc. is a company based in Durham, North Carolina, specializing in the design, development, and manufacture of high concentration photovoltaic (HCPV) solar modules. Founded in 2005, Semprius focuses on creating low-cost, high-performance solar solutions that are particularly effective in sunny and dry climates. The company's innovative micro-transfer printing technology allows for the production of highly efficient and reliable CPV modules, which are suitable for utility, commercial, industrial, and government applications. Additionally, Semprius licenses its micro-transfer printing technology for various non-solar applications, enabling the development of lightweight and thin products such as flat-panel displays, flexible electronics, and large-area sensors. This technology facilitates the integration of high-performance semiconductors across diverse platforms, enhancing the usability and accessibility of solar energy.
RiverGlass
Series B in 2007
RiverGlass, established in 2003 by pioneers of the World Wide Web from the University of Illinois' National Center for Supercomputing Applications (NCSA), specializes in providing intelligent web information analysis services to businesses and government agencies. The company offers a suite of products including intelligent web search, enterprise search, and connections solutions, designed to deliver accurate, concise, and often hard-to-find information tailored to clients' specific needs. RiverGlass serves a distinguished list of Fortune 1000 companies and governmental bodies, enabling them to make informed decisions by optimizing their access to critical data from diverse internet sources.
Radio One Llama
Series A in 2007
Radio One Llama is a comprehensive platform that serves as a hub and search engine for online radio stations. The company specializes in acoustic and cultural analysis, as well as collaborative filtering tools designed for music and video navigation. Its offerings include a machine learning system called Classify, which assists music aggregators in organizing digital music for easier browsing and purchasing. Additionally, Radio One Llama provides a Search application that integrates various methods of acoustic similarity searching with playlist and social networking analysis. This combination enhances the music discovery process, allowing users to explore and create playlists efficiently.
ShareThis
Series A in 2007
ShareThis, Inc. is a technology company that specializes in developing a social data platform aimed at enhancing consumer engagement and content sharing for publishers, advertisers, and data-driven businesses. Founded in 2004 and headquartered in Palo Alto, California, ShareThis offers a suite of tools that enable real-time processing of first-party data, allowing users to drive engagement, optimize content, and personalize experiences across various digital channels. The company's offerings include share buttons for multiple social media platforms, reaction buttons, and tools for Social A/B testing to improve content effectiveness. Additionally, ShareThis provides a Real-Time Marketing Engine that helps brands activate their audiences across different screens and digital formats. By analyzing user behavior across millions of global domains, ShareThis synthesizes social share, interest, and intent data to deliver actionable insights for customer targeting and acquisition. The company also maintains offices in several key U.S. cities, including Chicago, New York City, Boston, and Manhattan Beach.
Advanced Diamond Technologies
Series B in 2006
Advanced Diamond Technologies, Inc. engages in developing and applying diamond films for industrial, electronic, and medical applications. It offers AFM probes, ultrananocrystalline diamond seals, and ultrananocrystalline diamond wafers for MEMS development and UNCD product prototyping. The company also provides MEMS, applications development, and coating services. In addition, it offers UNCD Electrodes for advanced electrochemical water treatment applications. Further, the company operates as a licensee to the Argonne portfolio of application and process patents for using, synthesizing, and micromachining ultrananocrystalline diamond films. It offers its products through its Website, as well as through distributors in the United States and internationally. Advanced Diamond Technologies, Inc. was incorporated in 2002 and is based in Romeoville, Illinois.
Caden Biosciences
Series A in 2006
Caden Biosciences is a life sciences tools and services company focuses on G-protein coupled receptors (GPCRs).
Mobitrac
Venture Round in 2005
Mobitrac, Inc. is a software development company based in Chicago, Illinois, founded in 2001. It specializes in creating solutions for delivery services, focusing on mobile resource management. The company offers a database engine and industry-standard APIs that facilitate the development and deployment of location and time-based services for fleet management, mobile workforce coordination, and mobile commerce applications. Additionally, Mobitrac provides a graphical interface designed for dispatchers and drivers, enhancing operational efficiency. Its clientele includes trucking companies, package and delivery services, service fleets, and third-party logistics providers. Mobitrac was acquired by Fluensee, Inc. in 2006.
INI Power Systems
Series A in 2004
INI Power Systems, Inc. specializes in the design, development, manufacturing, and licensing of portable power components and systems that serve to augment or replace traditional batteries and generators. Based in Morrisville, North Carolina, the company focuses on direct methanol laminar flow fuel cell products and offers solutions for on-board power, communications, and emergency lighting. Its innovative flex-fuel generators are particularly notable for their man-portability, making them ideal for dismounted soldiers in remote and austere environments, providing lightweight and efficient power generation and battery recharging capabilities. INI Power Systems caters to various markets, including consumer electronics, industrial applications, recreation, safety, and security, and was founded in 2001.