Innovation Works

Established in 1999, Innovation Works is a prominent investor in Southwestern Pennsylvania's technology sector. It provides capital and resources to early-stage companies with high growth potential and significant regional impact, particularly focusing on robotics, AI, medical devices, retail technologies, and enterprise software.

Sophie Burkholder

Investment Associate

Kevin Dowling Ph.D

Managing Director of Robotics Factory and Hardware

Peter Erin

Senior Associate

Afshan Khan

Investor

Jeffrey McDaniel

Investor

Ven Raju

Investor

Aaron Tainter

Investor

Steven Welles

Managing Director of Software

Jim Wrubel

Investor

Past deals in Geospatial

Hummingbird Systems

Seed Round in 2024
Hummingbird Systems provides On demand aerial mapping and data analysis of construction sites and agriculture using drones.

CapSen Robotics

Seed Round in 2024
CapSen Robotics develops advanced computer vision systems that enable machines to comprehend and navigate cluttered environments. Their core technology, derived from MIT research on 3D object detection, empowers robots and automation systems in various industries such as manufacturing, logistics, and retail inventory management.

CapSen Robotics

Seed Round in 2022
CapSen Robotics develops advanced computer vision systems that enable machines to comprehend and navigate cluttered environments. Their core technology, derived from MIT research on 3D object detection, empowers robots and automation systems in various industries such as manufacturing, logistics, and retail inventory management.

CapSen Robotics

Seed Round in 2020
CapSen Robotics develops advanced computer vision systems that enable machines to comprehend and navigate cluttered environments. Their core technology, derived from MIT research on 3D object detection, empowers robots and automation systems in various industries such as manufacturing, logistics, and retail inventory management.

RoadBotics

Non Equity Assistance in 2019
RoadBotics uses advanced computer vision technology to inspect roads and infrastructure globally. It rapidly identifies road issues at scale, providing unbiased ratings and interactive maps for data-driven decision-making by governments and communities.

Yodel Labs

Seed Round in 2019
Yodel Labs is a developer of a mobile positioning platform focused on delivering highly accurate location services in the mobile device industry. The company specializes in an acoustic location processing system that provides centimeter-level accuracy for indoor positioning. By utilizing low-cost, energy-harvesting ultrasound beacons, Yodel Labs enables mobile application developers to create high-accuracy localization applications. This technology facilitates a seamless connection between the virtual and physical worlds, enhancing user experiences in various applications.

RoadBotics

Seed Round in 2018
RoadBotics uses advanced computer vision technology to inspect roads and infrastructure globally. It rapidly identifies road issues at scale, providing unbiased ratings and interactive maps for data-driven decision-making by governments and communities.

CapSen Robotics

Seed Round in 2018
CapSen Robotics develops advanced computer vision systems that enable machines to comprehend and navigate cluttered environments. Their core technology, derived from MIT research on 3D object detection, empowers robots and automation systems in various industries such as manufacturing, logistics, and retail inventory management.

LaneSpotter

Seed Round in 2018
LaneSpotter finds safe bike routes for cyclists and provides real-time information about the roads they ride. Unlike current apps, LaneSpotter leverages its community to create living maps that highlight real-life road conditions. By sharing their knowledge of local streets and businesses, LaneSpotter’s cycling community generates information that cannot be captured with a static map, like road safety ratings, bike infrastructure, alerts for road conditions like potholes, and recommended rides and routes.

RoadBotics

Seed Round in 2018
RoadBotics uses advanced computer vision technology to inspect roads and infrastructure globally. It rapidly identifies road issues at scale, providing unbiased ratings and interactive maps for data-driven decision-making by governments and communities.

LaneSpotter

Seed Round in 2018
LaneSpotter finds safe bike routes for cyclists and provides real-time information about the roads they ride. Unlike current apps, LaneSpotter leverages its community to create living maps that highlight real-life road conditions. By sharing their knowledge of local streets and businesses, LaneSpotter’s cycling community generates information that cannot be captured with a static map, like road safety ratings, bike infrastructure, alerts for road conditions like potholes, and recommended rides and routes.

LaneSpotter

Seed Round in 2017
LaneSpotter finds safe bike routes for cyclists and provides real-time information about the roads they ride. Unlike current apps, LaneSpotter leverages its community to create living maps that highlight real-life road conditions. By sharing their knowledge of local streets and businesses, LaneSpotter’s cycling community generates information that cannot be captured with a static map, like road safety ratings, bike infrastructure, alerts for road conditions like potholes, and recommended rides and routes.

Kaarta

Seed Round in 2016
Kaarta, Inc. specializes in 3D model generation software that processes environmental data to create accurate and usable 3D models. The company utilizes a patented technology rooted in advanced robotics to enable real-time mobile 3D reality capture, mapping complex environments efficiently without reliance on external signal infrastructures like GPS or Wi-Fi. Its offerings include a hand-held 3D scanning system, called Contour, which allows users to walk through an environment while generating a 3D map in real-time. Kaarta also provides Stencil 2, a mobile mapping platform designed for rapid scanning. By employing specialized localization algorithms and purpose-built technology, Kaarta enhances the ability to bridge the physical world with its digital twin, serving a variety of applications in architecture, geospatial analysis, and autonomous robotics. Founded in 2015 and headquartered in Pittsburgh, Pennsylvania, the company was previously known as Real Earth, Inc. before rebranding in December 2016.

CapSen Robotics

Angel Round in 2016
CapSen Robotics develops advanced computer vision systems that enable machines to comprehend and navigate cluttered environments. Their core technology, derived from MIT research on 3D object detection, empowers robots and automation systems in various industries such as manufacturing, logistics, and retail inventory management.

Thar Geothermal

Seed Round in 2011
Thar Geothermal, LLC develops and markets heating and cooling solutions that are rooted in nature’s design, and that meets the triple bottom line of enhanced energy efficiency, reduced operating costs, and reduced environmental footprint. What differentiates Thar Geothermal from other commercial geothermal systems is the use of an established natural refrigerant, recycled carbon dioxide (known as R744). Additionally the technology lowers the cost and environmental footprint of system installation which has historically hampered adoption of conventional geothermal technology. By improving return of investment and lowering market barriers, Thar Geothermal is planning for rapid market penetration. The company is now in the process of transitioning from a development-stage company to a commercial operating company that designs, builds, installs, and finances sustainable heating and cooling systems.

AllPoint Systems

Seed Round in 2010
AllPoint Systems is a software and data processing company that specializes in 3D LIDAR technology, focusing on the roadway and building markets. The company provides innovative solutions that enable surveyors and engineers to complete large-scale projects with remarkable speed and efficiency, significantly surpassing traditional manual methods. By developing software that collects and processes 3D point cloud data, AllPoint Systems addresses the increasing demands of asset owners and meets the rising expectations driven by advancements in High Definition Scanning and Terrestrial Mobile LiDAR Scanning technologies. This positions AllPoint Systems as a key player in enhancing the capabilities of surveying and engineering professionals in their projects.
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