Samsung Venture Investment

Enevate Corporation specializes in the development of silicon-dominant lithium-ion batteries, focusing on advanced technologies that enhance the performance of electric vehicles (EVs). The company’s HD-Energy and XFC-Energy technologies enable ultrafast charging, achieving a full charge in just five minutes, while also providing high energy density and low-temperature functionality. Enevate's batteries are designed for compatibility with various devices, including smartphones, ultrathin laptops, wearables, drones, and electric vehicles, thereby facilitating the rapid adoption of EVs by mimicking the refueling experience of gas-powered cars. Founded in 2005 and headquartered in Irvine, California, Enevate has amassed a substantial portfolio of over 250 patents and has attracted significant investment from notable firms such as Renault-Nissan-Mitsubishi, LG Chem, and Samsung, raising over $110 million to date.

Encored, Inc. is a company that specializes in developing a cloud-based energy big-data platform designed to enhance energy efficiency for residential and commercial clients in the United States and Japan. The platform offers a variety of features, including real-time peak monitoring, structural usage analysis, energy consumption tracking, and goal management, all aimed at identifying opportunities for energy savings and optimizing operations. Founded in 2013 and based in San Jose, California, Encored utilizes advanced disaggregation technology and data science to provide valuable insights into energy usage. The company is composed of a diverse team of experts, including mathematicians, statisticians, and computer scientists, who are committed to making a positive impact on society by promoting efficient energy use and supporting energy-underprivileged individuals.

Reactor Inc, founded in 2012 and based in Boulder, Colorado, developed innovative artificial intelligence solutions focused on preemptive search, knowledge graph technology, and natural language interfaces. The company's flagship product, Winston, is a conversational assistant designed to curate and summarize information from users' social feeds and news interests, creating a personalized information experience. By leveraging patent-pending graph technology, Winston interconnects vast amounts of data, including semantic relationships and third-party services, to enhance user engagement. Reactor Inc. aimed to empower human curiosity by fostering a more intuitive relationship between individuals and information. The company was acquired in 2014, marking a significant milestone in its development and contribution to the AI landscape.