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.
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, Inc., founded in 2016 and based in Pittsburgh, Pennsylvania, specializes in advanced 3D computer vision systems that allow computers to interpret and navigate cluttered environments. The company offers a range of solutions, including cluttered object detection, scanning for both large and small objects, and object tracking, catering to diverse applications in factory automation, vehicle scanning, and retail inventory management. Drawing on research from MIT, CapSen’s technology enhances the capabilities of robots and computer vision systems, which are increasingly being utilized in less structured settings such as warehouses, hospitals, and homes. The company is currently beta testing its software with various system integrators and robotics firms, focusing on robotic picking applications and partnering with a major government contractor for a warehouse project. Their innovative object detection software has already demonstrated its effectiveness in competitive environments, such as a recent robotic order fulfillment competition.
CapSen Robotics
Seed Round in 2022
CapSen Robotics, Inc., founded in 2016 and based in Pittsburgh, Pennsylvania, specializes in advanced 3D computer vision systems that allow computers to interpret and navigate cluttered environments. The company offers a range of solutions, including cluttered object detection, scanning for both large and small objects, and object tracking, catering to diverse applications in factory automation, vehicle scanning, and retail inventory management. Drawing on research from MIT, CapSen’s technology enhances the capabilities of robots and computer vision systems, which are increasingly being utilized in less structured settings such as warehouses, hospitals, and homes. The company is currently beta testing its software with various system integrators and robotics firms, focusing on robotic picking applications and partnering with a major government contractor for a warehouse project. Their innovative object detection software has already demonstrated its effectiveness in competitive environments, such as a recent robotic order fulfillment competition.
Identified Technologies
Seed Round in 2020
Identified Technologies offers its industrial customers with a mapping drone solution to increase project visibility and team productivity. Its integrated software and services take care of everything from FAA compliance and flight planning to advanced analytics. It was founded in 2013 and headquartered in Pittsburgh, Pennsylvania.
CapSen Robotics
Seed Round in 2020
CapSen Robotics, Inc., founded in 2016 and based in Pittsburgh, Pennsylvania, specializes in advanced 3D computer vision systems that allow computers to interpret and navigate cluttered environments. The company offers a range of solutions, including cluttered object detection, scanning for both large and small objects, and object tracking, catering to diverse applications in factory automation, vehicle scanning, and retail inventory management. Drawing on research from MIT, CapSen’s technology enhances the capabilities of robots and computer vision systems, which are increasingly being utilized in less structured settings such as warehouses, hospitals, and homes. The company is currently beta testing its software with various system integrators and robotics firms, focusing on robotic picking applications and partnering with a major government contractor for a warehouse project. Their innovative object detection software has already demonstrated its effectiveness in competitive environments, such as a recent robotic order fulfillment competition.
RoadBotics by Michelin
Non Equity Assistance in 2019
RoadBotics by Michelin specializes in advanced computer vision technology to assess and monitor public infrastructure, particularly roads. The company automates image mapping and road evaluations, utilizing machine vision and machine learning to quickly identify road issues on a large scale. Its web-based platform generates interactive maps and unbiased ratings, allowing governments and communities to make informed, data-driven decisions about their infrastructure assets. This approach not only streamlines the road assessment process but also helps municipalities effectively plan maintenance and save taxpayer resources. By providing practical tools for road condition evaluation, RoadBotics supports hundreds of communities globally in enhancing their public infrastructure management.
RoadBotics by Michelin
Seed Round in 2018
RoadBotics by Michelin specializes in advanced computer vision technology to assess and monitor public infrastructure, particularly roads. The company automates image mapping and road evaluations, utilizing machine vision and machine learning to quickly identify road issues on a large scale. Its web-based platform generates interactive maps and unbiased ratings, allowing governments and communities to make informed, data-driven decisions about their infrastructure assets. This approach not only streamlines the road assessment process but also helps municipalities effectively plan maintenance and save taxpayer resources. By providing practical tools for road condition evaluation, RoadBotics supports hundreds of communities globally in enhancing their public infrastructure management.
Identified Technologies
Seed Round in 2018
Identified Technologies offers its industrial customers with a mapping drone solution to increase project visibility and team productivity. Its integrated software and services take care of everything from FAA compliance and flight planning to advanced analytics. It was founded in 2013 and headquartered in Pittsburgh, Pennsylvania.
CapSen Robotics
Seed Round in 2018
CapSen Robotics, Inc., founded in 2016 and based in Pittsburgh, Pennsylvania, specializes in advanced 3D computer vision systems that allow computers to interpret and navigate cluttered environments. The company offers a range of solutions, including cluttered object detection, scanning for both large and small objects, and object tracking, catering to diverse applications in factory automation, vehicle scanning, and retail inventory management. Drawing on research from MIT, CapSen’s technology enhances the capabilities of robots and computer vision systems, which are increasingly being utilized in less structured settings such as warehouses, hospitals, and homes. The company is currently beta testing its software with various system integrators and robotics firms, focusing on robotic picking applications and partnering with a major government contractor for a warehouse project. Their innovative object detection software has already demonstrated its effectiveness in competitive environments, such as a recent robotic order fulfillment competition.
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 by Michelin
Seed Round in 2018
RoadBotics by Michelin specializes in advanced computer vision technology to assess and monitor public infrastructure, particularly roads. The company automates image mapping and road evaluations, utilizing machine vision and machine learning to quickly identify road issues on a large scale. Its web-based platform generates interactive maps and unbiased ratings, allowing governments and communities to make informed, data-driven decisions about their infrastructure assets. This approach not only streamlines the road assessment process but also helps municipalities effectively plan maintenance and save taxpayer resources. By providing practical tools for road condition evaluation, RoadBotics supports hundreds of communities globally in enhancing their public infrastructure 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.
Identified Technologies
Venture Round in 2017
Identified Technologies offers its industrial customers with a mapping drone solution to increase project visibility and team productivity. Its integrated software and services take care of everything from FAA compliance and flight planning to advanced analytics. It was founded in 2013 and headquartered in Pittsburgh, Pennsylvania.
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, multi-dimensional digital models. The company’s technology enables real-time mobile 3D reality capture, allowing users to map complex environments without the need for external signals such as GPS or Wi-Fi. Kaarta offers a hand-held 3D scanning system called Contour, which allows users to generate a 3D map while moving through an environment, as well as Stencil 2, a mobile mapping platform designed for rapid scanning. Utilizing advanced robotics and proprietary algorithms, Kaarta's solutions streamline workflows and reduce costs while enhancing understanding of physical spaces for both humans and autonomous machines. 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, Inc., founded in 2016 and based in Pittsburgh, Pennsylvania, specializes in advanced 3D computer vision systems that allow computers to interpret and navigate cluttered environments. The company offers a range of solutions, including cluttered object detection, scanning for both large and small objects, and object tracking, catering to diverse applications in factory automation, vehicle scanning, and retail inventory management. Drawing on research from MIT, CapSen’s technology enhances the capabilities of robots and computer vision systems, which are increasingly being utilized in less structured settings such as warehouses, hospitals, and homes. The company is currently beta testing its software with various system integrators and robotics firms, focusing on robotic picking applications and partnering with a major government contractor for a warehouse project. Their innovative object detection software has already demonstrated its effectiveness in competitive environments, such as a recent robotic order fulfillment competition.
Identified Technologies
Seed Round in 2015
Identified Technologies offers its industrial customers with a mapping drone solution to increase project visibility and team productivity. Its integrated software and services take care of everything from FAA compliance and flight planning to advanced analytics. It was founded in 2013 and headquartered in Pittsburgh, Pennsylvania.
Identified Technologies
Seed Round in 2014
Identified Technologies offers its industrial customers with a mapping drone solution to increase project visibility and team productivity. Its integrated software and services take care of everything from FAA compliance and flight planning to advanced analytics. It was founded in 2013 and headquartered in Pittsburgh, Pennsylvania.
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 helps surveyors and engineers complete 3D projects at unprecedented scale, speed (by an order of magnitude over manual methods) and efficiency. Scanning professionals may be able to use existing visualization tools for smaller projects (e.g., 1,000 feet of pipe, 10 bridges). However, it is much more difficult to effectively and economically meet the rising demands of asset owners when the increasing capabilities of High Definition Scanning (HDS) and Terrestrial Mobile LiDAR Scanning (TMLS) hardware are rapidly raising expectations.
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