TechNexus Venture Collaborative

TechNexus Venture Collaborative, established in 2007 and based in Chicago, Illinois, is a venture capital firm that facilitates collaboration between leading corporations and innovative entrepreneurs. By combining capital investment, incubation services, and collaborative opportunities, TechNexus aims to develop new business models, revenue streams, and scalable market access. The firm focuses on various sectors, including audio and consumer electronics, B2B software, health and wellness, manufacturing, marine and outdoor recreation, media production, mobility, and retail. With a track record of accelerating business opportunities, TechNexus has connected dozens of corporations with over 600 startups, positioning itself as one of the most active venture investors in the United States.

Kaitlyn Doyle

Vice President, Venture

Terry Howerton

Co-Founder and CEO

Past deals in Consumer Electronics

NanoGraf

Series B in 2023
NanoGraf Corporation is a materials science company based in Chicago, Illinois, focused on the development and commercialization of advanced materials for the energy storage market. Founded in 2012, the company specializes in silicon-graphene electrode materials for lithium-ion batteries. NanoGraf has created a high energy density silicon-based anode material that presents a promising alternative to traditional graphitic-based anodes. This innovative technology has applications across various sectors, from consumer electronics to electric vehicles. The company's materials are designed to enhance battery capacity and reduce charging times, enabling the production of lithium-ion batteries through a cost-effective, chemistry-based manufacturing process.

Mobius

Venture Round in 2022
Mobius enables the ultimate untethered lifestyle by creating inspiring, immersive, transformable, tech-infused mobile platforms.

Native Voice

Venture Round in 2022
Native Voice is a software development company that specializes in creating an SDK designed for audio device manufacturers. The company focuses on facilitating the integration of voice-enabled solutions into next-generation listening devices. By providing a comprehensive library of voice services, Native Voice enables brands to connect seamlessly with multiple voice assistants and their functionalities. This innovative approach simplifies the user experience by allowing access to various brands through a single application, while also enabling voice command capabilities without the need to handle a phone directly. Native Voice aims to be a fundamental component of the evolving voice-first ecosystem.

Aspinity

Venture Round in 2022
Aspinity, Inc. is a technology company based in Pittsburgh, Pennsylvania, specializing in the development of reconfigurable analog modular processor (RAMP) chips for ultra-low-power electronics. These compact, analog machine learning chips analyze raw, unstructured sensor data to identify significant events while filtering out background noise before the data is digitized. By directly processing analog signals, Aspinity's technology reduces the need for higher-power processing and optimizes power consumption in always-on, battery-powered devices. Their products are suited for various applications, including voice recognition, industrial machine health monitoring, and wearable health devices in consumer, industrial, and biomedical markets. Since its incorporation in 2012, Aspinity has aimed to transform the architecture of sensing devices through neuromorphic all-analog integrated circuit technology, significantly lowering power requirements and enhancing efficiency in continuous sensing applications.

Soundskrit

Venture Round in 2021
Soundskrit is a Montreal-based company that specializes in the development of innovative velocity-based directional microphones designed to enhance audio capture in smart devices. Founded in 2017, the company aims to address the limitations of traditional pressure-based microphones, which pick up sound from all directions and often require multiple units to isolate specific audio sources. Soundskrit's bio-inspired technology measures the velocity of incoming sound, allowing a single microphone to effectively separate and identify sounds from various directions without compromising size or audio quality. This advancement significantly improves speech recognition and sound localization capabilities, enabling a new range of features in consumer electronics, particularly in noisy environments and multi-speaker scenarios.

Mycroft

Venture Round in 2021
Mycroft AI, Inc. is a developer of an open-source voice assistant platform that enables users to interact with their electronic devices through voice commands. Founded in 2016 and headquartered in Kansas City, Missouri, with additional offices in Palo Alto, California, and Lawrence, Kansas, Mycroft's software operates as an adaptable platform that can be customized and integrated into various devices, including refrigerators, computers, speakers, wearables, cars, and televisions. The company emphasizes a privacy-focused approach, utilizing artificial intelligence and natural language processing to enhance user experience while maintaining an open-source and open-hardware framework. This allows for extensive extension and personalization, catering to the diverse needs of users.

Native Voice

Seed Round in 2021
Native Voice is a software development company that specializes in creating an SDK designed for audio device manufacturers. The company focuses on facilitating the integration of voice-enabled solutions into next-generation listening devices. By providing a comprehensive library of voice services, Native Voice enables brands to connect seamlessly with multiple voice assistants and their functionalities. This innovative approach simplifies the user experience by allowing access to various brands through a single application, while also enabling voice command capabilities without the need to handle a phone directly. Native Voice aims to be a fundamental component of the evolving voice-first ecosystem.

ShotTracker

Venture Round in 2021
ShotTracker Inc. is a technology company that specializes in sensor-based solutions for basketball, designed to enhance player performance through real-time data analysis. Founded in 2013 and based in Merriam, Kansas, the company offers a comprehensive system that includes a wrist sensor, net sensor, and a mobile application compatible with various Bluetooth-enabled iOS and select Android devices. ShotTracker's innovative platform automatically tracks shot attempts, makes, and misses during practices and games, providing coaches and players with valuable statistics to inform training and strategy. Its latest product, ShotTracker TEAM, is aimed at making elite-level analytics accessible and affordable for basketball teams at all levels, enabling them to improve their performance through data-driven insights.

Native Voice

Convertible Note in 2020
Native Voice is a software development company that specializes in creating an SDK designed for audio device manufacturers. The company focuses on facilitating the integration of voice-enabled solutions into next-generation listening devices. By providing a comprehensive library of voice services, Native Voice enables brands to connect seamlessly with multiple voice assistants and their functionalities. This innovative approach simplifies the user experience by allowing access to various brands through a single application, while also enabling voice command capabilities without the need to handle a phone directly. Native Voice aims to be a fundamental component of the evolving voice-first ecosystem.

Tonal

Series D in 2020
Tonal is a smart home gym company that specializes in strength training through a digital fitness platform. Founded in 2015 by Aly Orady and headquartered in San Francisco, California, Tonal manufactures innovative fitness equipment that is wall-mounted and utilizes artificial intelligence to deliver personalized workouts. The system generates variable resistance using magnets and electricity, allowing users to perform a wide range of exercises without traditional weights. Tonal's platform tracks workouts in real-time and offers tailored workout plans aimed at muscle building, strength balancing, and athletic performance. Additionally, the company provides live and recorded classes led by expert coaches, enhancing the user experience and accessibility of full-body fitness training from home.

Aspinity

Series A in 2020
Aspinity, Inc. is a technology company based in Pittsburgh, Pennsylvania, specializing in the development of reconfigurable analog modular processor (RAMP) chips for ultra-low-power electronics. These compact, analog machine learning chips analyze raw, unstructured sensor data to identify significant events while filtering out background noise before the data is digitized. By directly processing analog signals, Aspinity's technology reduces the need for higher-power processing and optimizes power consumption in always-on, battery-powered devices. Their products are suited for various applications, including voice recognition, industrial machine health monitoring, and wearable health devices in consumer, industrial, and biomedical markets. Since its incorporation in 2012, Aspinity has aimed to transform the architecture of sensing devices through neuromorphic all-analog integrated circuit technology, significantly lowering power requirements and enhancing efficiency in continuous sensing applications.

Audeze

Series A in 2020
Audeze is a high-end audio manufacturer focused on delivering precise sound reproduction through advanced engineering and craftsmanship. The company offers a range of audio products, including headphones, speakers, and home audio systems, all designed to provide an immersive listening experience. Audeze's innovations in materials science and technology enable the incorporation of features such as surround sound emulation and integrated head-tracking systems, which enhance compatibility with contemporary video games. This commitment to quality and cutting-edge features positions Audeze as a leader in the premium audio market.

Reality AI

Seed Round in 2020
Reality AI, founded in 2015 by Jeff Sieracki and Stuart Feffer, specializes in advanced sensing technology that enhances product development for R&D engineers across various sectors, including automotive, industrial, and consumer products. The company employs proprietary algorithms for feature discovery, model generation, and optimization of components and specifications, facilitating the integration of machine learning models into product firmware. Reality AI's technology supports a range of applications such as sound recognition, gesture recognition, and predictive maintenance by utilizing various sensor modalities, including vibration, accelerometers, and radar. With 14 granted US patents and six pending, the company is committed to innovation in feature discovery and machine learning related to sensor and signal processing. Reality AI operates offices in Columbia, Maryland, Sunnyvale, California, and Tokyo, Japan.

Soundskrit

Seed Round in 2019
Soundskrit is a Montreal-based company that specializes in the development of innovative velocity-based directional microphones designed to enhance audio capture in smart devices. Founded in 2017, the company aims to address the limitations of traditional pressure-based microphones, which pick up sound from all directions and often require multiple units to isolate specific audio sources. Soundskrit's bio-inspired technology measures the velocity of incoming sound, allowing a single microphone to effectively separate and identify sounds from various directions without compromising size or audio quality. This advancement significantly improves speech recognition and sound localization capabilities, enabling a new range of features in consumer electronics, particularly in noisy environments and multi-speaker scenarios.

Reality AI

Seed Round in 2019
Reality AI, founded in 2015 by Jeff Sieracki and Stuart Feffer, specializes in advanced sensing technology that enhances product development for R&D engineers across various sectors, including automotive, industrial, and consumer products. The company employs proprietary algorithms for feature discovery, model generation, and optimization of components and specifications, facilitating the integration of machine learning models into product firmware. Reality AI's technology supports a range of applications such as sound recognition, gesture recognition, and predictive maintenance by utilizing various sensor modalities, including vibration, accelerometers, and radar. With 14 granted US patents and six pending, the company is committed to innovation in feature discovery and machine learning related to sensor and signal processing. Reality AI operates offices in Columbia, Maryland, Sunnyvale, California, and Tokyo, Japan.

Soundskrit

Seed Round in 2019
Soundskrit is a Montreal-based company that specializes in the development of innovative velocity-based directional microphones designed to enhance audio capture in smart devices. Founded in 2017, the company aims to address the limitations of traditional pressure-based microphones, which pick up sound from all directions and often require multiple units to isolate specific audio sources. Soundskrit's bio-inspired technology measures the velocity of incoming sound, allowing a single microphone to effectively separate and identify sounds from various directions without compromising size or audio quality. This advancement significantly improves speech recognition and sound localization capabilities, enabling a new range of features in consumer electronics, particularly in noisy environments and multi-speaker scenarios.

Tonal

Series C in 2019
Tonal is a smart home gym company that specializes in strength training through a digital fitness platform. Founded in 2015 by Aly Orady and headquartered in San Francisco, California, Tonal manufactures innovative fitness equipment that is wall-mounted and utilizes artificial intelligence to deliver personalized workouts. The system generates variable resistance using magnets and electricity, allowing users to perform a wide range of exercises without traditional weights. Tonal's platform tracks workouts in real-time and offers tailored workout plans aimed at muscle building, strength balancing, and athletic performance. Additionally, the company provides live and recorded classes led by expert coaches, enhancing the user experience and accessibility of full-body fitness training from home.

Aspinity

Seed Round in 2018
Aspinity, Inc. is a technology company based in Pittsburgh, Pennsylvania, specializing in the development of reconfigurable analog modular processor (RAMP) chips for ultra-low-power electronics. These compact, analog machine learning chips analyze raw, unstructured sensor data to identify significant events while filtering out background noise before the data is digitized. By directly processing analog signals, Aspinity's technology reduces the need for higher-power processing and optimizes power consumption in always-on, battery-powered devices. Their products are suited for various applications, including voice recognition, industrial machine health monitoring, and wearable health devices in consumer, industrial, and biomedical markets. Since its incorporation in 2012, Aspinity has aimed to transform the architecture of sensing devices through neuromorphic all-analog integrated circuit technology, significantly lowering power requirements and enhancing efficiency in continuous sensing applications.

Tonal

Series B in 2018
Tonal is a smart home gym company that specializes in strength training through a digital fitness platform. Founded in 2015 by Aly Orady and headquartered in San Francisco, California, Tonal manufactures innovative fitness equipment that is wall-mounted and utilizes artificial intelligence to deliver personalized workouts. The system generates variable resistance using magnets and electricity, allowing users to perform a wide range of exercises without traditional weights. Tonal's platform tracks workouts in real-time and offers tailored workout plans aimed at muscle building, strength balancing, and athletic performance. Additionally, the company provides live and recorded classes led by expert coaches, enhancing the user experience and accessibility of full-body fitness training from home.

Piccolo

Pre Seed Round in 2018
Piccolo is a developer of advanced smart home technology that integrates gesture-based and voice assistant capabilities. The company specializes in artificial intelligence-driven solutions that monitor the movement of individuals within their homes. Its technology is designed to adapt according to the specific preferences of the inhabitants, allowing for a seamless and intuitive user experience. By employing advanced mapping techniques, Piccolo's system can identify a user's skeletal geometry and determine their intended interactions with various connected devices, such as smart TVs and lighting systems. This innovative approach enables users to control their home environment effectively without the need for constant manual input.

ShotTracker

Series A in 2018
ShotTracker Inc. is a technology company that specializes in sensor-based solutions for basketball, designed to enhance player performance through real-time data analysis. Founded in 2013 and based in Merriam, Kansas, the company offers a comprehensive system that includes a wrist sensor, net sensor, and a mobile application compatible with various Bluetooth-enabled iOS and select Android devices. ShotTracker's innovative platform automatically tracks shot attempts, makes, and misses during practices and games, providing coaches and players with valuable statistics to inform training and strategy. Its latest product, ShotTracker TEAM, is aimed at making elite-level analytics accessible and affordable for basketball teams at all levels, enabling them to improve their performance through data-driven insights.

Mycroft

Seed Round in 2018
Mycroft AI, Inc. is a developer of an open-source voice assistant platform that enables users to interact with their electronic devices through voice commands. Founded in 2016 and headquartered in Kansas City, Missouri, with additional offices in Palo Alto, California, and Lawrence, Kansas, Mycroft's software operates as an adaptable platform that can be customized and integrated into various devices, including refrigerators, computers, speakers, wearables, cars, and televisions. The company emphasizes a privacy-focused approach, utilizing artificial intelligence and natural language processing to enhance user experience while maintaining an open-source and open-hardware framework. This allows for extensive extension and personalization, catering to the diverse needs of users.

Aspinity

Seed Round in 2018
Aspinity, Inc. is a technology company based in Pittsburgh, Pennsylvania, specializing in the development of reconfigurable analog modular processor (RAMP) chips for ultra-low-power electronics. These compact, analog machine learning chips analyze raw, unstructured sensor data to identify significant events while filtering out background noise before the data is digitized. By directly processing analog signals, Aspinity's technology reduces the need for higher-power processing and optimizes power consumption in always-on, battery-powered devices. Their products are suited for various applications, including voice recognition, industrial machine health monitoring, and wearable health devices in consumer, industrial, and biomedical markets. Since its incorporation in 2012, Aspinity has aimed to transform the architecture of sensing devices through neuromorphic all-analog integrated circuit technology, significantly lowering power requirements and enhancing efficiency in continuous sensing applications.

Aspinity

Convertible Note in 2017
Aspinity, Inc. is a technology company based in Pittsburgh, Pennsylvania, specializing in the development of reconfigurable analog modular processor (RAMP) chips for ultra-low-power electronics. These compact, analog machine learning chips analyze raw, unstructured sensor data to identify significant events while filtering out background noise before the data is digitized. By directly processing analog signals, Aspinity's technology reduces the need for higher-power processing and optimizes power consumption in always-on, battery-powered devices. Their products are suited for various applications, including voice recognition, industrial machine health monitoring, and wearable health devices in consumer, industrial, and biomedical markets. Since its incorporation in 2012, Aspinity has aimed to transform the architecture of sensing devices through neuromorphic all-analog integrated circuit technology, significantly lowering power requirements and enhancing efficiency in continuous sensing applications.

Mycroft

Convertible Note in 2017
Mycroft AI, Inc. is a developer of an open-source voice assistant platform that enables users to interact with their electronic devices through voice commands. Founded in 2016 and headquartered in Kansas City, Missouri, with additional offices in Palo Alto, California, and Lawrence, Kansas, Mycroft's software operates as an adaptable platform that can be customized and integrated into various devices, including refrigerators, computers, speakers, wearables, cars, and televisions. The company emphasizes a privacy-focused approach, utilizing artificial intelligence and natural language processing to enhance user experience while maintaining an open-source and open-hardware framework. This allows for extensive extension and personalization, catering to the diverse needs of users.

Reality AI

Seed Round in 2017
Reality AI, founded in 2015 by Jeff Sieracki and Stuart Feffer, specializes in advanced sensing technology that enhances product development for R&D engineers across various sectors, including automotive, industrial, and consumer products. The company employs proprietary algorithms for feature discovery, model generation, and optimization of components and specifications, facilitating the integration of machine learning models into product firmware. Reality AI's technology supports a range of applications such as sound recognition, gesture recognition, and predictive maintenance by utilizing various sensor modalities, including vibration, accelerometers, and radar. With 14 granted US patents and six pending, the company is committed to innovation in feature discovery and machine learning related to sensor and signal processing. Reality AI operates offices in Columbia, Maryland, Sunnyvale, California, and Tokyo, Japan.
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