For more than 20 years, Innovation Works has played a vital role in Southwestern PA's technology economy, investing capital, business expertise, and other resources into high-potential companies with the greatest likelihood for regional economic impact. IW is the single largest investor in seed-stage companies in the region. They also provide resources for manufacturers to adopt new technologies.
Advanced Optronics specializes in the design and manufacture of implantable sensors aimed at enhancing intraoperative monitoring during surgeries. These innovative sensors provide real-time feedback to surgeons, helping to minimize trauma and prevent damage to residual hearing during implant procedures. The company focuses on developing flexible and biocompatible sensor systems that facilitate less invasive surgical techniques across various medical applications. By integrating flexible micro-electromechanical system sensors with cochlear implants, Advanced Optronics aims to improve surgical outcomes and support surgeons in performing procedures with greater precision and care.
CorePower Magnetics
Pre Seed Round in 2022
CorePower Magnetics specializes in the manufacturing of electric components utilizing advanced magnetic core technology aimed at enhancing efficiency and power density. The company focuses on developing power-dense soft magnetics through innovative materials and advanced manufacturing techniques. This approach yields significant reductions in weight and volume, as well as decreased energy losses, all without relying on rare-earth metals. As a result, CorePower Magnetics' components offer improved current capabilities, extended ranges for electric vehicles, and longer lifespans for various applications. The company's commitment to optimizing magnetic core features addresses critical limitations in power electronics and power conversion systems, contributing to advancements in the electrification of transportation, energy efficiency, and grid modernization.
Arieca
Series A in 2022
Arieca LLC, established in 2018 and based in Pittsburgh, Pennsylvania, specializes in the development and distribution of Thubber, a thermally conductive rubber composite. This innovative material merges the elasticity of soft silicone rubber with the thermal conductivity of metal, making it suitable for applications such as circuit wiring, sensors, and passive heat exchangers. Arieca's product addresses heat management challenges in various industries, enabling manufacturers to utilize an alternative rubber solution that enhances electronic performance while ensuring safe interaction with human users.
Enkris Semiconductors
Series B in 2022
Enkris Semiconductors is a developer of high-quality GaN epi-wafers for power electronics. It specializes in GaN-on-Si, GaN-on-SiC, GaN-on-Sapphire, and GaN-on-GaN material solutions with our own IP, enabling the next generation of RF devices, micro-LED, and power electronics. The company is providing high-quality gallium nitride epitaxial material solutions for power electronics and micro-display fields. leading position.
ESTAT Actuation
Seed Round in 2021
ESTAT Actuation, founded in 2019 and based in Pittsburgh, Pennsylvania, specializes in the development of electroadhesive clutches aimed at enhancing the capabilities and affordability of robots and machines. The company's innovative products provide engineers with advanced actuation hardware that reduces both the size and cost of traditional actuators. By offering lightweight and low-power clutches, ESTAT Actuation enables clients to improve the performance and efficiency of their robotic systems and machinery.
CorePower Magnetics
Seed Round in 2021
CorePower Magnetics specializes in the manufacturing of electric components utilizing advanced magnetic core technology aimed at enhancing efficiency and power density. The company focuses on developing power-dense soft magnetics through innovative materials and advanced manufacturing techniques. This approach yields significant reductions in weight and volume, as well as decreased energy losses, all without relying on rare-earth metals. As a result, CorePower Magnetics' components offer improved current capabilities, extended ranges for electric vehicles, and longer lifespans for various applications. The company's commitment to optimizing magnetic core features addresses critical limitations in power electronics and power conversion systems, contributing to advancements in the electrification of transportation, energy efficiency, and grid modernization.
Adrich
Venture Round in 2020
Adrich, Inc. is a company based in Pittsburgh, Pennsylvania, that specializes in electronic packaging hardware and customized software. Founded in 2016, Adrich provides a consumer insights platform that connects brands and retailers through detailed product usage data and analytics. The company's innovative smart packaging hardware, combined with its tailored software, facilitates autonomous data collection and transmission via product labels. This smart tracking system captures real-time information on usage patterns, including day, time, geolocation, and volumetric data, allowing brands and retailers to better understand consumer trends and behaviors. In doing so, Adrich aims to enhance customer engagement and retention strategies.
Arieca
Seed Round in 2020
Arieca LLC, established in 2018 and based in Pittsburgh, Pennsylvania, specializes in the development and distribution of Thubber, a thermally conductive rubber composite. This innovative material merges the elasticity of soft silicone rubber with the thermal conductivity of metal, making it suitable for applications such as circuit wiring, sensors, and passive heat exchangers. Arieca's product addresses heat management challenges in various industries, enabling manufacturers to utilize an alternative rubber solution that enhances electronic performance while ensuring safe interaction with human users.
nanoGriptech
Venture Round in 2020
nanoGriptech, Inc. specializes in manufacturing micro-fibrillar polymer-based dry adhesives and surfaces, drawing inspiration from the natural adhesion mechanism of gecko feet. Founded in 2012 and headquartered in Pittsburgh, Pennsylvania, the company offers a range of products, including the Setex Gecko Tape, which is a repeatable, residue-free, non-tacky tape, and the Setex Ultra-Thin Fastener, designed for seamless integration with smooth surfaces. Its innovative adhesive solutions are tailored for diverse applications such as wearables, sports gear, semiconductors, robotics, medical devices, automotive components, and packaging. nanoGriptech aims to provide a superior alternative to traditional reusable adhesives, focusing on durability and customization. The company has established partnerships with multinational corporations and has recently begun small volume sales in the high-friction clothing market.
Arieca
Seed Round in 2019
Arieca LLC, established in 2018 and based in Pittsburgh, Pennsylvania, specializes in the development and distribution of Thubber, a thermally conductive rubber composite. This innovative material merges the elasticity of soft silicone rubber with the thermal conductivity of metal, making it suitable for applications such as circuit wiring, sensors, and passive heat exchangers. Arieca's product addresses heat management challenges in various industries, enabling manufacturers to utilize an alternative rubber solution that enhances electronic performance while ensuring safe interaction with human users.
ESTAT Actuation
Seed Round in 2019
ESTAT Actuation, founded in 2019 and based in Pittsburgh, Pennsylvania, specializes in the development of electroadhesive clutches aimed at enhancing the capabilities and affordability of robots and machines. The company's innovative products provide engineers with advanced actuation hardware that reduces both the size and cost of traditional actuators. By offering lightweight and low-power clutches, ESTAT Actuation enables clients to improve the performance and efficiency of their robotic systems and machinery.
Arieca
Seed Round in 2019
Arieca LLC, established in 2018 and based in Pittsburgh, Pennsylvania, specializes in the development and distribution of Thubber, a thermally conductive rubber composite. This innovative material merges the elasticity of soft silicone rubber with the thermal conductivity of metal, making it suitable for applications such as circuit wiring, sensors, and passive heat exchangers. Arieca's product addresses heat management challenges in various industries, enabling manufacturers to utilize an alternative rubber solution that enhances electronic performance while ensuring safe interaction with human users.
Arieca
Seed Round in 2018
Arieca LLC, established in 2018 and based in Pittsburgh, Pennsylvania, specializes in the development and distribution of Thubber, a thermally conductive rubber composite. This innovative material merges the elasticity of soft silicone rubber with the thermal conductivity of metal, making it suitable for applications such as circuit wiring, sensors, and passive heat exchangers. Arieca's product addresses heat management challenges in various industries, enabling manufacturers to utilize an alternative rubber solution that enhances electronic performance while ensuring safe interaction with human users.
Sparket
Seed Round in 2018
Sparket is an electronic startup that fastly sells electronics.
nanoGriptech
Seed Round in 2018
nanoGriptech, Inc. specializes in manufacturing micro-fibrillar polymer-based dry adhesives and surfaces, drawing inspiration from the natural adhesion mechanism of gecko feet. Founded in 2012 and headquartered in Pittsburgh, Pennsylvania, the company offers a range of products, including the Setex Gecko Tape, which is a repeatable, residue-free, non-tacky tape, and the Setex Ultra-Thin Fastener, designed for seamless integration with smooth surfaces. Its innovative adhesive solutions are tailored for diverse applications such as wearables, sports gear, semiconductors, robotics, medical devices, automotive components, and packaging. nanoGriptech aims to provide a superior alternative to traditional reusable adhesives, focusing on durability and customization. The company has established partnerships with multinational corporations and has recently begun small volume sales in the high-friction clothing market.
Adrich
Seed Round in 2018
Adrich, Inc. is a company based in Pittsburgh, Pennsylvania, that specializes in electronic packaging hardware and customized software. Founded in 2016, Adrich provides a consumer insights platform that connects brands and retailers through detailed product usage data and analytics. The company's innovative smart packaging hardware, combined with its tailored software, facilitates autonomous data collection and transmission via product labels. This smart tracking system captures real-time information on usage patterns, including day, time, geolocation, and volumetric data, allowing brands and retailers to better understand consumer trends and behaviors. In doing so, Adrich aims to enhance customer engagement and retention strategies.
Adrich
Convertible Note in 2017
Adrich, Inc. is a company based in Pittsburgh, Pennsylvania, that specializes in electronic packaging hardware and customized software. Founded in 2016, Adrich provides a consumer insights platform that connects brands and retailers through detailed product usage data and analytics. The company's innovative smart packaging hardware, combined with its tailored software, facilitates autonomous data collection and transmission via product labels. This smart tracking system captures real-time information on usage patterns, including day, time, geolocation, and volumetric data, allowing brands and retailers to better understand consumer trends and behaviors. In doing so, Adrich aims to enhance customer engagement and retention strategies.
nanoGriptech
Seed Round in 2015
nanoGriptech, Inc. specializes in manufacturing micro-fibrillar polymer-based dry adhesives and surfaces, drawing inspiration from the natural adhesion mechanism of gecko feet. Founded in 2012 and headquartered in Pittsburgh, Pennsylvania, the company offers a range of products, including the Setex Gecko Tape, which is a repeatable, residue-free, non-tacky tape, and the Setex Ultra-Thin Fastener, designed for seamless integration with smooth surfaces. Its innovative adhesive solutions are tailored for diverse applications such as wearables, sports gear, semiconductors, robotics, medical devices, automotive components, and packaging. nanoGriptech aims to provide a superior alternative to traditional reusable adhesives, focusing on durability and customization. The company has established partnerships with multinational corporations and has recently begun small volume sales in the high-friction clothing market.
nanoGriptech
Seed Round in 2014
nanoGriptech, Inc. specializes in manufacturing micro-fibrillar polymer-based dry adhesives and surfaces, drawing inspiration from the natural adhesion mechanism of gecko feet. Founded in 2012 and headquartered in Pittsburgh, Pennsylvania, the company offers a range of products, including the Setex Gecko Tape, which is a repeatable, residue-free, non-tacky tape, and the Setex Ultra-Thin Fastener, designed for seamless integration with smooth surfaces. Its innovative adhesive solutions are tailored for diverse applications such as wearables, sports gear, semiconductors, robotics, medical devices, automotive components, and packaging. nanoGriptech aims to provide a superior alternative to traditional reusable adhesives, focusing on durability and customization. The company has established partnerships with multinational corporations and has recently begun small volume sales in the high-friction clothing market.
25eight
Seed Round in 2010
25eight, an online database for gadgets, allows users to find implementations and combinations of hardware and software.
Plextronics
Venture Round in 2004
Plextronics specializes in the development of printed electronics, focusing on organic light-emitting diode (OLED) displays and lighting. The company creates conductive inks and associated process technologies that facilitate the mass production of printed devices, thereby reducing costs. Additionally, Plextronics is involved in the development of active layer technology for organic solar cells and plastic circuitry, further enhancing its portfolio in the realm of advanced electronic materials.
XACTIX
Grant in 2002
XACTIX designs, develops and distributes equipment for manufacturing micro electromechanical systems (MEMS). XACTIX manufactures xenon difluoride etching systems for commercial and university customers, research and development applications; CVE etch modules for xenon difluoride gas; and xenon difluoride silicon etch systems. The company also offers etching services that support chambers while maintaining etch pressures and gas distribution, as well as for releasing MEMS devices. The company’s products are also used to manufacture devices for the removal of exposed sacrifical silicon which do not require uniformity etching across the wafer. XACTIX was founded in 1998 and is based in Pittsburgh, Pennsylvania. As of June 25, 2013, XACTIX operates as a subsidiary of SPTS Technologies Limited.
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