VEIR is a company focused on innovative electricity transmission solutions using high-temperature superconductors. It has developed a unique passive evaporative cryogenic cooling technology that significantly enhances cooling efficiency, delivering twenty times the cooling power per kilogram of nitrogen flow compared to traditional mechanical methods. By utilizing commercial superconducting tape, VEIR's technology enables power delivery at transmission levels without resistive losses. This advancement allows clients to streamline permitting processes and supports the economical establishment of electric transmission lines across distribution-scale infrastructure.
Celestial AI
Series C in 2024
Celestial AI is a prominent artificial intelligence company that provides an advanced platform for users to efficiently create images, text, and presentations. Utilizing cutting-edge computer vision algorithms and natural language processing, the platform produces high-quality visual and textual content. Its intuitive design, combined with innovative features, facilitates easy content creation. Moreover, Celestial AI emphasizes intelligent data integration and prioritizes security, ensuring that users achieve impressive and reliable results.
LightForce
Series D in 2023
LightForce Orthodontics, Inc., established in 2015 and headquartered in Cambridge, Massachusetts, specializes in manufacturing customized 3D-printed orthodontic braces and accessories. The company's flagship product, Cloud Brackets, are precision-manufactured in white ceramic polycrystalline alumina, offering precise slot dimensions and contoured edges. LightForce also produces LightTray, a 3D-printed indirect bonding tray optimized for accuracy, and TurboTrays, aiding in bite correction. Their digital platform facilitates collaboration between orthodontists and LightForce technicians, enabling patient-specific treatment plans. The company aims to enhance the orthodontic experience for both patients and practitioners by applying modern technology and mass customization.
Celestial AI
Series B in 2023
Celestial AI is a prominent artificial intelligence company that provides an advanced platform for users to efficiently create images, text, and presentations. Utilizing cutting-edge computer vision algorithms and natural language processing, the platform produces high-quality visual and textual content. Its intuitive design, combined with innovative features, facilitates easy content creation. Moreover, Celestial AI emphasizes intelligent data integration and prioritizes security, ensuring that users achieve impressive and reliable results.
Ayar Labs
Series C in 2023
Ayar Labs, Inc. specializes in the development of optical interconnect chiplets and lasers designed to enhance data transmission capabilities in various applications, including artificial intelligence, high-performance computing, cloud computing, telecommunications, and aerospace. The company's flagship product, TeraPHY, is a high-density electronic-photonic chiplet that utilizes a monolithic in-package optical I/O solution to facilitate high bandwidth and low latency connections. Ayar Labs aims to disrupt the conventional performance and efficiency standards in the semiconductor industry by providing power-efficient optical interconnects that replace traditional electrical I/O. This technology effectively addresses compute and bandwidth bottlenecks, particularly in the context of complex AI systems, enabling improved computing efficiency and performance while also reducing costs and power consumption. Founded in 2015, Ayar Labs is headquartered in Emeryville, California, with an additional office in Santa Clara.
Plus One Robotics
Series C in 2023
Plus One Robotics Inc. is a technology company based in San Antonio, Texas, specializing in 3D vision and control systems tailored for robotic automation in the logistics and e-commerce sectors. Founded in 2016, the company offers an advanced parcel-handling robotics platform that integrates artificial intelligence and computer vision to enhance material handling processes. Its flagship product, the PickOne Perception System, accurately identifies the six degrees of freedom for parcel picking, enabling robots to efficiently handle tasks such as sortation and depalletizing. The system not only facilitates the precise placement of parcels onto induction conveyors but also verifies successful placements and corrects any errors by issuing commands to reposition misaligned parcels. Plus One Robotics aims to improve operational efficiency and customer service for leading logistics and e-commerce companies by delivering predictable sortation accuracy and reducing the need for downstream verification and return handling.
SpinLaunch
Series B in 2022
SpinLaunch Inc. is a spaceflight technology development company based in Long Beach, California, founded in 2014. The company specializes in creating an innovative launch system that utilizes a large mass accelerator, or centrifuge, to propel payloads into space without the use of chemical propellants. This kinetic space launch system is designed to enable on-demand launches of small satellites under various weather conditions. By spinning the payload in a vacuum to minimize friction, SpinLaunch aims to achieve speeds of approximately 3,000 miles per hour, allowing objects to be launched directly into space or providing initial thrust for further ascent with supplemental rockets. Through this approach, SpinLaunch seeks to offer a more cost-effective and sustainable alternative to traditional space launch methods.
Ayar Labs
Series C in 2022
Ayar Labs, Inc. specializes in the development of optical interconnect chiplets and lasers designed to enhance data transmission capabilities in various applications, including artificial intelligence, high-performance computing, cloud computing, telecommunications, and aerospace. The company's flagship product, TeraPHY, is a high-density electronic-photonic chiplet that utilizes a monolithic in-package optical I/O solution to facilitate high bandwidth and low latency connections. Ayar Labs aims to disrupt the conventional performance and efficiency standards in the semiconductor industry by providing power-efficient optical interconnects that replace traditional electrical I/O. This technology effectively addresses compute and bandwidth bottlenecks, particularly in the context of complex AI systems, enabling improved computing efficiency and performance while also reducing costs and power consumption. Founded in 2015, Ayar Labs is headquartered in Emeryville, California, with an additional office in Santa Clara.
Celestial AI
Series A in 2022
Celestial AI is a machine learning accelerator focused on developing an optical interconnect technology platform designed for data centers and AI applications. By leveraging photonics, mixed-signal ASICs, and advanced packaging, the company aims to enhance computing performance sustainably. Its Photonic Fabric technology serves as the foundation for optically scalable and disaggregated data center computing and memory, facilitating significant advancements in AI. Celestial AI’s solutions enable clients to deliver improved hardware and software alternatives for deep learning and machine learning, ultimately driving profitable and sustainable business models.
Pavilion Data Systems
Series D in 2022
Pavilion Data Systems Inc. is a technology company based in San Jose, California, specializing in the design and development of NVMe-over-Fabric storage platforms. The company focuses on enabling real-time performance at scale for massively-parallel applications, offering solutions that cater to sectors such as financial services, government, cloud services, media and entertainment, and research facilities. Pavilion's innovative architecture features Hyperparallel Flash Arrays, which utilize multiple controllers to surpass the limitations of traditional storage systems, providing ultra-low latency and linear scalability. By introducing a unique model called OPENCHOICE, Pavilion challenges conventional approaches to storage procurement and deployment. Founded in 2011, Pavilion Data Systems also has offices in Schiphol, the Netherlands, and Pune, India, and is recognized as a leader in a new category of storage appliances that aims to meet the ever-increasing demand for data throughput.
LightForce
Series C in 2021
LightForce Orthodontics, Inc., established in 2015 and headquartered in Cambridge, Massachusetts, specializes in manufacturing customized 3D-printed orthodontic braces and accessories. The company's flagship product, Cloud Brackets, are precision-manufactured in white ceramic polycrystalline alumina, offering precise slot dimensions and contoured edges. LightForce also produces LightTray, a 3D-printed indirect bonding tray optimized for accuracy, and TurboTrays, aiding in bite correction. Their digital platform facilitates collaboration between orthodontists and LightForce technicians, enabling patient-specific treatment plans. The company aims to enhance the orthodontic experience for both patients and practitioners by applying modern technology and mass customization.
TenaFe, Inc. is a technology company based in Campbell, California, that specializes in the development of solid-state drive (SSD) controllers. Founded in 2018, TenaFe focuses on creating innovative solutions for data storage challenges across various applications, including client devices, data centers, and emerging edge technologies. The company's patented technology aims to enhance the reliability, performance, and energy efficiency of SSDs, catering to a diverse range of devices from personal computers to connected gadgets. By leveraging its advanced controller technology, TenaFe seeks to provide clients with improved storage solutions that meet the evolving demands of modern data management.
Vence is a technology company that provides a hardware and software solution for livestock management, focusing on virtual fencing and autonomous animal control. Their platform employs sensors and GPS technology to enable farmers to remotely manage the movement and grazing of cattle through a smartphone application. This innovative approach not only enhances the utilization of available grazing resources but also significantly reduces costs associated with traditional fencing, such as hardware, maintenance, and labor. Additionally, Vence's system offers valuable insights into animal behavior, health, and fertility, ultimately helping livestock breeders optimize their operations and increase protein yield.
Celestial AI
Seed Round in 2021
Celestial AI is a prominent artificial intelligence company that provides an advanced platform for users to efficiently create images, text, and presentations. Utilizing cutting-edge computer vision algorithms and natural language processing, the platform produces high-quality visual and textual content. Its intuitive design, combined with innovative features, facilitates easy content creation. Moreover, Celestial AI emphasizes intelligent data integration and prioritizes security, ensuring that users achieve impressive and reliable results.
LightForce
Series B in 2020
LightForce Orthodontics, Inc., established in 2015 and headquartered in Cambridge, Massachusetts, specializes in manufacturing customized 3D-printed orthodontic braces and accessories. The company's flagship product, Cloud Brackets, are precision-manufactured in white ceramic polycrystalline alumina, offering precise slot dimensions and contoured edges. LightForce also produces LightTray, a 3D-printed indirect bonding tray optimized for accuracy, and TurboTrays, aiding in bite correction. Their digital platform facilitates collaboration between orthodontists and LightForce technicians, enabling patient-specific treatment plans. The company aims to enhance the orthodontic experience for both patients and practitioners by applying modern technology and mass customization.
Ripcord is a robotic digitization company that develops platforms and software to convert physical documents into digital, searchable data and streamlined workflows. Its Canopy solution uses artificial intelligence and machine learning to capture, enrich, and organize content, enabling enterprises to simplify processes and improve accuracy. The company combines sensors, automation, and vision-guided robots to create a digital twin of information, perform document scanning and recognition, and accelerate data capture, organization, and retrieval. This supports faster, higher-quality processing and moves organizations toward paperless document management and more efficient operations. Headquartered in Los Angeles, Ripcord was founded in 2014.
Lumafield
Pre Seed Round in 2019
Lumafield provides industrial computed tomography solutions for non-destructive testing and inspection in engineering environments. Its Neptune X-ray CT scanner enables detailed imaging to analyze internal structures and detect defects across materials. The Voyager software platform delivers cloud-based AI-powered analysis, automated inspections, and collaboration tools to support product development from design through manufacturing. Triton is a high-speed CT system designed for rapid scanning in high-volume manufacturing settings. The company serves industries including aerospace, automotive, electronics, and medical devices, helping to improve product quality and reliability through advanced imaging and analysis capabilities.
Pavilion Data Systems
Series C in 2019
Pavilion Data Systems Inc. is a technology company based in San Jose, California, specializing in the design and development of NVMe-over-Fabric storage platforms. The company focuses on enabling real-time performance at scale for massively-parallel applications, offering solutions that cater to sectors such as financial services, government, cloud services, media and entertainment, and research facilities. Pavilion's innovative architecture features Hyperparallel Flash Arrays, which utilize multiple controllers to surpass the limitations of traditional storage systems, providing ultra-low latency and linear scalability. By introducing a unique model called OPENCHOICE, Pavilion challenges conventional approaches to storage procurement and deployment. Founded in 2011, Pavilion Data Systems also has offices in Schiphol, the Netherlands, and Pune, India, and is recognized as a leader in a new category of storage appliances that aims to meet the ever-increasing demand for data throughput.
PlayNitride
Series E in 2019
PlayNitride Inc. is a technology company based in Taiwan, established in 2014, that specializes in the research, development, design, manufacture, and sale of MicroLED products and solutions. The company is known for its proprietary PixeLED display technology, which enables high-performance displays characterized by high resolution, contrast ratio, aperture ratio, quick response times, and low power consumption. In addition to MicroLED displays, PlayNitride also manufactures UV LED curing systems and offers various cooling modules and irradiant units. The company's product range includes the PLAYBEACON series, which features LED devices equipped with iBeacon functionality. PlayNitride serves markets primarily in Taiwan, South Korea, and other regions, providing comprehensive services that encompass design, installation, maintenance of process equipment, and technology licensing.
Desktop Metal
Series E in 2019
Desktop Metal, Inc. is a manufacturer of additive manufacturing solutions, specializing in 3D printing technologies for metal and carbon fiber. Founded in 2015 and headquartered in Burlington, Massachusetts, the company offers a range of products, including the Production System for industrial manufacturing, the Shop System for machine and job shops, the Studio System designed for office use, and the Fiber desktop 3D printer. Desktop Metal serves a variety of industries such as automotive, aerospace, healthcare, consumer products, heavy industry, machine design, and research and development. Its innovative systems, materials, and software facilitate on-demand digital mass production, providing the speed, cost-efficiency, and part quality necessary for modern manufacturing. The company markets its solutions across the Americas, Europe, the Middle East, Africa, and the Asia-Pacific region, with a significant portion of its revenue generated from the Americas.
Latticework
Series A in 2018
LatticeWork specializes in developing cloud-edge technology that addresses the challenges of storage, privacy, and bandwidth associated with increasing data and video consumption. The company's flagship product, Amber, is recognized as the world's first AI-powered smart storage platform featuring a personal hybrid cloud. Amber offers consumers enhanced data privacy, convenience, and control, allowing for seamless integration of on-premises or edge devices into a broader cloud service. This integration provides unprecedented accessibility for edge devices that traditionally faced limitations due to network firewalls, enabling users to maintain control over their data and ensure privacy.
AEye, Inc. is a technology company focused on developing advanced vision hardware, software, and algorithms for autonomous vehicles and advanced driver assistance systems (ADAS). The company’s proprietary 4Sight Intelligent Sensing Platform integrates solid-state active LiDAR with artificial intelligence and a low-light HD camera, enabling precise and reliable perception of surroundings. AEye's products, including the 4Sight A and 4Sight M sensors, along with its iDAR platform, are designed to improve safety and performance in dynamic applications by providing faster, more accurate information. The AE100 Robotic Perception System and the modular AE200 sensor further exemplify AEye’s commitment to high-performance sensing solutions. Founded in 2013 and headquartered in Dublin, California, AEye also has a global presence with offices in Germany and Korea, serving a diverse customer base primarily in the United States, Europe, and the Asia-Pacific region.
Ambiq Micro
Series E in 2018
Ambiq Micro, Inc. is a fabless semiconductor company based in Austin, Texas, specializing in the development of ultra-low power integrated circuits tailored for power-sensitive applications. Founded in 2010, the company utilizes innovative subthreshold power optimized technology to create real-time clock and microcontroller products designed for wearables, smart cards, wireless sensors, and Internet-of-Things devices. By focusing on ultra-low-power mixed-signal solutions, Ambiq Micro aims to enhance the efficiency of wireless electronics, facilitating the creation of devices that either minimize or eliminate battery use while maximizing design flexibility. The company also provides technical support services and operates additional offices in San Jose, California, as well as in Shanghai, Shenzhen, and Taiwan.
SpinLaunch
Series A in 2018
SpinLaunch Inc. is a spaceflight technology development company based in Long Beach, California, founded in 2014. The company specializes in creating an innovative launch system that utilizes a large mass accelerator, or centrifuge, to propel payloads into space without the use of chemical propellants. This kinetic space launch system is designed to enable on-demand launches of small satellites under various weather conditions. By spinning the payload in a vacuum to minimize friction, SpinLaunch aims to achieve speeds of approximately 3,000 miles per hour, allowing objects to be launched directly into space or providing initial thrust for further ascent with supplemental rockets. Through this approach, SpinLaunch seeks to offer a more cost-effective and sustainable alternative to traditional space launch methods.
Qumulo, Inc. is a technology company that specializes in developing a file data platform tailored for multi-cloud environments, facilitating enterprise data management. The core offering, Qumulo software, is an enterprise hybrid cloud file storage solution that delivers real-time visibility and control over data across various environments, from data centers to public clouds. Qumulo enables secure, shared access to unstructured data through protocols like SMB, NFS, and REST. The company also provides a range of storage solutions, including NVMe file storage systems and hybrid SSD platforms, alongside professional services such as installation, data migration, advanced training, consulting, and systems health checks. Qumulo serves a diverse clientele, including Fortune 500 companies, media and entertainment organizations, research facilities, and sectors such as healthcare and the public sector. Founded in 2012 and headquartered in Seattle, Washington, Qumulo has expanded its presence with additional offices worldwide.
Formlabs Inc. is a company that designs and manufactures advanced 3D printing systems targeted at engineers, designers, and artists. Established in 2011 and headquartered in Somerville, Massachusetts, Formlabs offers a diverse range of products, including the Form 3, Form 3B, and Form 3L printers, all utilizing Low Force Stereolithography (LFS) technology. The company also provides post-processing solutions such as Form Wash and Form Cure, as well as the Fuse 1 SLS 3D printer and the Form Cell manufacturing solution. Formlabs develops high-performance materials for various applications in industries like dental, healthcare, jewelry, and education. Its PreForm software facilitates the preparation of models for printing, making it a preferred choice among professionals worldwide. With additional offices in Germany, Japan, China, Singapore, Hungary, and North Carolina, Formlabs continues to innovate in the field of 3D printing, enhancing the capabilities of digital fabrication.
Shoof Technologies
Seed Round in 2018
Shoof Technologies, Inc. is a company specializing in advanced wireless technology tailored for the Industrial Internet of Things (IoT) and logistics sectors. Founded in 2016 and headquartered in Cupertino, California, Shoof develops a collaborative network that connects and transports data from various assets to the cloud in a reliable, secure, and cost-effective manner. The company's solutions leverage edge intelligence and an open architecture to facilitate efficient tracking and monitoring of assets, ensuring flexible access to cloud data. By offering a simple subscription model, Shoof aims to provide its clients with a low-cost infrastructure that meets the demands of modern industrial applications.
Ripcord is a robotic digitization company that develops platforms and software to convert physical documents into digital, searchable data and streamlined workflows. Its Canopy solution uses artificial intelligence and machine learning to capture, enrich, and organize content, enabling enterprises to simplify processes and improve accuracy. The company combines sensors, automation, and vision-guided robots to create a digital twin of information, perform document scanning and recognition, and accelerate data capture, organization, and retrieval. This supports faster, higher-quality processing and moves organizations toward paperless document management and more efficient operations. Headquartered in Los Angeles, Ripcord was founded in 2014.
Ripcord is a robotic digitization company that develops platforms and software to convert physical documents into digital, searchable data and streamlined workflows. Its Canopy solution uses artificial intelligence and machine learning to capture, enrich, and organize content, enabling enterprises to simplify processes and improve accuracy. The company combines sensors, automation, and vision-guided robots to create a digital twin of information, perform document scanning and recognition, and accelerate data capture, organization, and retrieval. This supports faster, higher-quality processing and moves organizations toward paperless document management and more efficient operations. Headquartered in Los Angeles, Ripcord was founded in 2014.
Pavilion Data Systems
Series A in 2017
Pavilion Data Systems Inc. is a technology company based in San Jose, California, specializing in the design and development of NVMe-over-Fabric storage platforms. The company focuses on enabling real-time performance at scale for massively-parallel applications, offering solutions that cater to sectors such as financial services, government, cloud services, media and entertainment, and research facilities. Pavilion's innovative architecture features Hyperparallel Flash Arrays, which utilize multiple controllers to surpass the limitations of traditional storage systems, providing ultra-low latency and linear scalability. By introducing a unique model called OPENCHOICE, Pavilion challenges conventional approaches to storage procurement and deployment. Founded in 2011, Pavilion Data Systems also has offices in Schiphol, the Netherlands, and Pune, India, and is recognized as a leader in a new category of storage appliances that aims to meet the ever-increasing demand for data throughput.
AEye, Inc. is a technology company focused on developing advanced vision hardware, software, and algorithms for autonomous vehicles and advanced driver assistance systems (ADAS). The company’s proprietary 4Sight Intelligent Sensing Platform integrates solid-state active LiDAR with artificial intelligence and a low-light HD camera, enabling precise and reliable perception of surroundings. AEye's products, including the 4Sight A and 4Sight M sensors, along with its iDAR platform, are designed to improve safety and performance in dynamic applications by providing faster, more accurate information. The AE100 Robotic Perception System and the modular AE200 sensor further exemplify AEye’s commitment to high-performance sensing solutions. Founded in 2013 and headquartered in Dublin, California, AEye also has a global presence with offices in Germany and Korea, serving a diverse customer base primarily in the United States, Europe, and the Asia-Pacific region.
Qumulo, Inc. is a technology company that specializes in developing a file data platform tailored for multi-cloud environments, facilitating enterprise data management. The core offering, Qumulo software, is an enterprise hybrid cloud file storage solution that delivers real-time visibility and control over data across various environments, from data centers to public clouds. Qumulo enables secure, shared access to unstructured data through protocols like SMB, NFS, and REST. The company also provides a range of storage solutions, including NVMe file storage systems and hybrid SSD platforms, alongside professional services such as installation, data migration, advanced training, consulting, and systems health checks. Qumulo serves a diverse clientele, including Fortune 500 companies, media and entertainment organizations, research facilities, and sectors such as healthcare and the public sector. Founded in 2012 and headquartered in Seattle, Washington, Qumulo has expanded its presence with additional offices worldwide.
Desktop Metal
Series C in 2017
Desktop Metal, Inc. is a manufacturer of additive manufacturing solutions, specializing in 3D printing technologies for metal and carbon fiber. Founded in 2015 and headquartered in Burlington, Massachusetts, the company offers a range of products, including the Production System for industrial manufacturing, the Shop System for machine and job shops, the Studio System designed for office use, and the Fiber desktop 3D printer. Desktop Metal serves a variety of industries such as automotive, aerospace, healthcare, consumer products, heavy industry, machine design, and research and development. Its innovative systems, materials, and software facilitate on-demand digital mass production, providing the speed, cost-efficiency, and part quality necessary for modern manufacturing. The company markets its solutions across the Americas, Europe, the Middle East, Africa, and the Asia-Pacific region, with a significant portion of its revenue generated from the Americas.
Formlabs Inc. is a company that designs and manufactures advanced 3D printing systems targeted at engineers, designers, and artists. Established in 2011 and headquartered in Somerville, Massachusetts, Formlabs offers a diverse range of products, including the Form 3, Form 3B, and Form 3L printers, all utilizing Low Force Stereolithography (LFS) technology. The company also provides post-processing solutions such as Form Wash and Form Cure, as well as the Fuse 1 SLS 3D printer and the Form Cell manufacturing solution. Formlabs develops high-performance materials for various applications in industries like dental, healthcare, jewelry, and education. Its PreForm software facilitates the preparation of models for printing, making it a preferred choice among professionals worldwide. With additional offices in Germany, Japan, China, Singapore, Hungary, and North Carolina, Formlabs continues to innovate in the field of 3D printing, enhancing the capabilities of digital fabrication.
Qumulo, Inc. is a technology company that specializes in developing a file data platform tailored for multi-cloud environments, facilitating enterprise data management. The core offering, Qumulo software, is an enterprise hybrid cloud file storage solution that delivers real-time visibility and control over data across various environments, from data centers to public clouds. Qumulo enables secure, shared access to unstructured data through protocols like SMB, NFS, and REST. The company also provides a range of storage solutions, including NVMe file storage systems and hybrid SSD platforms, alongside professional services such as installation, data migration, advanced training, consulting, and systems health checks. Qumulo serves a diverse clientele, including Fortune 500 companies, media and entertainment organizations, research facilities, and sectors such as healthcare and the public sector. Founded in 2012 and headquartered in Seattle, Washington, Qumulo has expanded its presence with additional offices worldwide.
Motiv Inc. is a personal technology company established in 2013 and headquartered in San Francisco, California. The company specializes in the development and manufacturing of fitness tracking rings and wearable products designed to integrate seamlessly into users' daily lives. Motiv's offerings include an application that complements its ring products by providing data tracking, notifications, and additional features. The wearable devices measure key health metrics such as heart rate, steps, and sleep activity, enhancing users' understanding of their fitness levels. Motiv sells its products online, aiming to deliver both aesthetic appeal and user-friendly experiences. As of April 2020, Motiv operates as a subsidiary of Proxy Technologies, Inc.
Crossbar Inc. is a technology company based in Santa Clara, California, founded in 2008, specializing in the development and licensing of resistive RAM (ReRAM) technology. This innovative memory solution enables the storage of up to one terabyte of data on a chip the size of a postage stamp, offering significant advantages in terms of power efficiency and performance. Crossbar's ReRAM products cater to a variety of applications, including consumer electronics, mobile devices, enterprise storage, cloud computing, and industrial sensors. By providing a new approach to data storage and processing, Crossbar's technology allows designers to rethink traditional memory paradigms, facilitating the integration of compute and storage subsystems in both edge and cloud environments. The company's advancements are positioned to transform the landscape of non-volatile memory and enable new capabilities in electronics innovation.
ElastixAI is developing an AI inference platform designed to optimize how large language models are run.