Dow

Dow Inc. is a global leader in materials science, providing innovative solutions across various markets, including consumer care, infrastructure, and packaging. The company operates through three main segments: Packaging & Specialty Plastics, Industrial Intermediates & Infrastructure, and Performance Materials and Coatings. The Packaging & Specialty Plastics segment produces a range of polymers and elastomers, while the Industrial Intermediates & Infrastructure segment offers products such as ethylene oxides and polyurethane systems. The Performance Materials and Coatings segment supplies architectural and industrial coatings, silicones, and home care solutions. Dow's diverse product offerings serve multiple industries, including electronics, energy, and agriculture, reflecting its commitment to delivering science-based products and technologies. Incorporated in 2018 and headquartered in Midland, Michigan, Dow continues to leverage chemistry, biology, and physics to meet the evolving needs of its customers worldwide.

Keith Cleason

President

72 past transactions

Aloxy

Venture Round in 2025
Aloxy specializes in providing industrial Internet of Things (IoT) solutions for monitoring manual valve positions in various process industries, including chemical, oil, and gas. The company offers a range of services such as valve position monitoring, emergency shower management, line blind management, device management, network monitoring, and data integrity. Aloxy's solutions are designed to enhance operational safety, efficiency, and sustainability by utilizing modular systems that incorporate advanced sensors. These sensors are capable of detecting environmental factors such as temperature, atmospheric pressure, vibrations, movement, inclination, rotation, and magnetic fields. By automating processes and delivering actionable insights, Aloxy aims to support its clients in optimizing their industrial operations.

Xycle

Venture Round in 2025
Xycle Group is focused on addressing the challenges of plastic waste through innovative recycling solutions. The company is developing a chemical recycling factory designed to process 21 kilotons of mixed plastic trash each year. By utilizing advanced technology, Xycle aims to convert 40 tonnes of non-recyclable plastic into high-quality feedstock daily. This approach not only promotes recycling but also contributes to a cleaner environment by supporting a circular economy. Through its efforts, Xycle Group seeks to make a significant positive impact on waste management and sustainability.

Corrosion RADAR

Series B in 2024
CorrosionRADAR Ltd specializes in developing advanced corrosion monitoring systems utilizing innovative sensor technology to detect and predict hidden corrosion and moisture. Founded in 2017 and headquartered in Cambridge, United Kingdom, the company serves various industries, including oil and gas, power and utilities, industrial manufacturing, and civil infrastructure. Its solutions are particularly valuable for refineries, offshore and onshore rigs, power plants, storage tanks, chemical plants, wind turbines, bridges, and tunnels. By leveraging patent-pending distributed sensing technology and advanced analytics, CorrosionRADAR enables predictive corrosion management, allowing clients to implement safe and cost-effective maintenance and inspection programs, even in challenging environments.

SAS Chemicals

Corporate Round in 2024
SAS Chemicals specializes in the production of sealants and components for the insulating glass manufacturing industry. The company provides a range of products, including polyisobutylene, hotmelt sealants, polysulphide, and thermoplastic spacers, to meet the diverse needs of its clients. With a focus on high-quality products, SAS Chemicals is committed to maintaining competitive cost and delivery performance while staying abreast of industry developments. The expertise of its engineering and managerial teams enables the company to deliver reliable solutions tailored to the requirements of the insulating glass sector.

Flyability

Series C in 2023
Flyability SA is a Swiss company founded in 2014 and based in Lausanne, specializing in the development and manufacturing of flying robots designed for industrial inspections in inaccessible and confined spaces. The company’s flagship product, Elios, is a collision-tolerant flying robot that allows for safe inspections in complex environments, such as within buildings and urban areas, reducing the need for human presence in hazardous situations. Flyability’s technology addresses critical issues in the rapidly growing drone industry, particularly concerning collision and injury risks. Its applications extend beyond industrial inspections to include search and rescue operations and security assessments, enabling professionals to gather vital data while ensuring safety. The company has received numerous accolades, including the Drones for Good Award, reflecting its commitment to innovation and societal impact.

Flyability

Series C in 2022
Flyability SA is a Swiss company founded in 2014 and based in Lausanne, specializing in the development and manufacturing of flying robots designed for industrial inspections in inaccessible and confined spaces. The company’s flagship product, Elios, is a collision-tolerant flying robot that allows for safe inspections in complex environments, such as within buildings and urban areas, reducing the need for human presence in hazardous situations. Flyability’s technology addresses critical issues in the rapidly growing drone industry, particularly concerning collision and injury risks. Its applications extend beyond industrial inspections to include search and rescue operations and security assessments, enabling professionals to gather vital data while ensuring safety. The company has received numerous accolades, including the Drones for Good Award, reflecting its commitment to innovation and societal impact.

Plastogaz

Seed Round in 2022
Plastogaz is a Swiss company based in Lausanne that specializes in producing natural gas from waste resources, specifically synthetic plastic waste. Founded in 2019, Plastogaz employs a patented catalyst technology to convert mixed plastics into grid-compatible methane and naphtha, which can be utilized as fuel or for creating new synthetic materials. This innovative approach not only facilitates the recycling of plastic waste but also aims to reduce greenhouse gas emissions associated with plastic disposal, contributing to a more sustainable environment.

Mr. Green Africa

Series B in 2022
Mr. Green Africa Ltd is a Nairobi-based plastic recycling company established in 2014 that addresses waste management challenges in Kenya. The company specializes in the collection, conversion, and sale of post-consumer plastic waste, producing a range of recycled materials including rHDPE and rPP pellets in various colors, as well as rPET products. Mr. Green Africa aims to change perceptions of waste by demonstrating its value and incorporates the concept of shared value into its operations, creating economic benefits while tackling social and environmental issues. By integrating informal waste workers and micro-entrepreneurs into a formal value chain, the company enhances waste collection efficiency and promotes sustainability.

Flyability

Series B in 2018
Flyability SA is a Swiss company founded in 2014 and based in Lausanne, specializing in the development and manufacturing of flying robots designed for industrial inspections in inaccessible and confined spaces. The company’s flagship product, Elios, is a collision-tolerant flying robot that allows for safe inspections in complex environments, such as within buildings and urban areas, reducing the need for human presence in hazardous situations. Flyability’s technology addresses critical issues in the rapidly growing drone industry, particularly concerning collision and injury risks. Its applications extend beyond industrial inspections to include search and rescue operations and security assessments, enabling professionals to gather vital data while ensuring safety. The company has received numerous accolades, including the Drones for Good Award, reflecting its commitment to innovation and societal impact.

Delta College - University

Grant in 2018
The Delta College Foundation, established in 1978 and based in University Center, Michigan, manages an endowment fund dedicated to supporting Delta College's mission of providing quality education and opportunities for students. The foundation raises funds to address critical financial needs and foster innovation within the college. Its Board of Directors oversees the management of the foundation's assets, ensuring that resources are allocated effectively to enhance the educational experience at Delta College. By facilitating access to financial aid and promoting various academic programs, the foundation plays a vital role in encouraging students to develop the skills necessary for success in Michigan's evolving job market.

Blue Foot Membranes

Seed Round in 2017
Blue Foot Membranes is a start-up company founded in 2017 in Lommel, Limburg, specializing in the production and commercialization of the Integrated Permeate Channel (IPC™) technology. This unique, patented technology is designed for use in Membrane Bioreactors, specifically aimed at the treatment of industrial and municipal wastewater. The company manufactures washable flat sheet membranes that offer enhanced fouling control, resulting in improved filtration efficiency. By enabling industries and municipalities to effectively reuse wastewater, Blue Foot Membranes contributes to more sustainable water management practices.

Dow Corning

Acquisition in 2016
Established in 1943, Dow Corning is a global leader in silicon-based technology and innovation. Through their Dow Corning® and XIAMETER® brands, they offer performance-enhancing products and solutions across various industries. With a focus on silicon technology, they aim to address important challenges worldwide. More than half of their sales are international, showing their global reach. Dow Corning Corporation is jointly owned by The Dow Chemical Company and Corning, Incorporated. Additionally, they are the majority shareholder in Hemlock Semiconductor Group, providing silicon-based products for semiconductor devices and solar cells. Dow Corning's commitment to silicon technology and innovation continues to make a significant impact on industries and the daily lives of people around the world.

OxyMem

Venture Round in 2016
OxyMem specializes in wastewater treatment solutions through its innovative Membrane Aerated Biofilm Reactor (MABR) technology. This system addresses the energy-intensive nature of conventional wastewater treatment, which typically consumes 2-3% of a nation's electricity due to reliance on outdated bubble diffusion methods. OxyMem's approach utilizes hollow fibre gas-permeable membranes to deliver oxygen directly to microorganisms, achieving 95% oxygen transfer rates. This results in significant energy savings of up to 75%, reduced sludge production by 50%, and enhanced process resilience. The MABR can either complement existing aeration systems by adding biological capacity or replace legacy systems entirely, providing a sustainable and efficient alternative for wastewater management.

Univation Technologies

Acquisition in 2015
Univation Technologies is a prominent technology licensor in the polyethylene (PE) manufacturing sector, headquartered in Houston, Texas. The company specializes in licensing the UNIPOL™ PE Process, which is utilized in the production of over 33% of the world's high-density polyethylene (HDPE) and linear low-density polyethylene (LLDPE). In addition to licensing, Univation Technologies offers innovative catalysts and valuable services designed to assist polyethylene producers in optimizing their operations and addressing complex business and technological challenges. Their expertise supports a diverse range of applications, including packaging films, hoses, tubing, pipes, and containers. By providing market-driven and cost-effective solutions, Univation Technologies aims to help clients capitalize on opportunities and enhance the profitability of their polyethylene production.

Nuvosun

Acquisition in 2013
NuvoSun is a manufacturer based in Milpitas, California, specializing in thin-film photovoltaic (PV) cells and modules utilizing flexible Copper Indium/Gallium di-Selenide (CIGS) technology. The company is committed to reducing the cost of PV cells and modules, aiming to make solar energy more accessible and affordable. Through its innovative approach to photovoltaic technology, NuvoSun contributes to the advancement of solar energy solutions.

RainStor

Series C in 2012
RainStor is a provider of database technology focused on managing and analyzing Big Data for large enterprises. The company's database products, including Big Data Retention and Big Data Analytics on Hadoop, are designed to efficiently handle multi-structured data sets, allowing for ongoing query and analysis. RainStor's innovative capabilities include granular data de-duplication and compression, which can reduce storage requirements by over 95%, enhancing query performance while significantly lowering costs. Unlike traditional relational databases, RainStor can rapidly ingest high volumes of network or machine-generated data, maintaining access for queries. The technology is storage and hardware agnostic, enabling deployment on various environments, including SAN, NAS, CAS, HDFS, and the Cloud. RainStor's client base includes prominent partners such as Amdocs, Dell, and HP, with use cases ranging from primary data hubs for machine-generated data to Big Data analytics. The company is headquartered in San Francisco, California, with an additional office in Gloucester, UK.

Clean Filtration Technology

Acquisition in 2012
Clean Filtration Technologies, Inc. specializes in advanced water treatment solutions, focusing on efficient filtration systems for various applications, including drinking, waste, and process water. The company's flagship product, the CFT Turboclone, is a patented hydroclone system that utilizes a proprietary metal membrane. This innovative membrane is self-cleaning and requires minimal maintenance, making it highly effective at processing water with high turbidity and removing suspended solids. By functioning as a pre-filter, the CFT Turboclone enhances the performance of other treatment technologies, leading to reduced operational costs and improved efficiency for clients in need of reliable filtration solutions.

Primet Precision Materials

Venture Round in 2011
Primet Precision Materials, Inc. is a manufacturer of lithium-ion battery materials, focusing on the growing demand for high-performance and affordable solutions in electric transportation. Established in 2004 and headquartered in Ithaca, New York, the company produces various battery electrode materials utilizing its patented NanoScission process technology. This innovative approach allows for environmentally-friendly production methods that significantly reduce capital and operating costs. Primet Precision Materials plays a vital role in supporting applications such as e-bikes, hybrids, and electric vehicles, addressing the urgent needs of the evolving electric transportation market.

Xtreme Power Conversion

Venture Round in 2010
Xtreme Power Conversion specializes in integrated smart power management solutions, offering systems that range from 500 kW to 100 MW. The company focuses on delivering power quality solutions that ensure reliable power protection for various applications. Its proprietary solid-state power management technology, combined with integrated storage capabilities, is designed to provide efficient and consistent power delivery, supporting the evolving needs of the electricity industry in an environmentally sustainable manner.

Xtreme Power Conversion

Series C in 2010
Xtreme Power Conversion specializes in integrated smart power management solutions, offering systems that range from 500 kW to 100 MW. The company focuses on delivering power quality solutions that ensure reliable power protection for various applications. Its proprietary solid-state power management technology, combined with integrated storage capabilities, is designed to provide efficient and consistent power delivery, supporting the evolving needs of the electricity industry in an environmentally sustainable manner.

Clean Filtration Technology

Venture Round in 2010
Clean Filtration Technologies, Inc. specializes in advanced water treatment solutions, focusing on efficient filtration systems for various applications, including drinking, waste, and process water. The company's flagship product, the CFT Turboclone, is a patented hydroclone system that utilizes a proprietary metal membrane. This innovative membrane is self-cleaning and requires minimal maintenance, making it highly effective at processing water with high turbidity and removing suspended solids. By functioning as a pre-filter, the CFT Turboclone enhances the performance of other treatment technologies, leading to reduced operational costs and improved efficiency for clients in need of reliable filtration solutions.

TME Pharma

Series D in 2010
TME Pharma is a clinical-stage biopharmaceutical company focused on enhancing cancer treatment by targeting the tumor microenvironment. The company develops biostable aptamers and mirror image nucleic acids, with its leading drug candidates, NOX-A12 and NOX-E36, derived from a novel class of therapeutics known as Spiegelmers. These compounds are designed to improve the effectiveness of existing cancer therapies by offering specific advantages over traditional drug classes. TME Pharma maintains a strategic alliance with Pfizer, Inc., underscoring its commitment to advancing innovative treatment options in oncology. The company is headquartered in Berlin, Germany.

RainStor

Series B in 2010
RainStor is a provider of database technology focused on managing and analyzing Big Data for large enterprises. The company's database products, including Big Data Retention and Big Data Analytics on Hadoop, are designed to efficiently handle multi-structured data sets, allowing for ongoing query and analysis. RainStor's innovative capabilities include granular data de-duplication and compression, which can reduce storage requirements by over 95%, enhancing query performance while significantly lowering costs. Unlike traditional relational databases, RainStor can rapidly ingest high volumes of network or machine-generated data, maintaining access for queries. The technology is storage and hardware agnostic, enabling deployment on various environments, including SAN, NAS, CAS, HDFS, and the Cloud. RainStor's client base includes prominent partners such as Amdocs, Dell, and HP, with use cases ranging from primary data hubs for machine-generated data to Big Data analytics. The company is headquartered in San Francisco, California, with an additional office in Gloucester, UK.

Nuvosun

Venture Round in 2010
NuvoSun is a manufacturer based in Milpitas, California, specializing in thin-film photovoltaic (PV) cells and modules utilizing flexible Copper Indium/Gallium di-Selenide (CIGS) technology. The company is committed to reducing the cost of PV cells and modules, aiming to make solar energy more accessible and affordable. Through its innovative approach to photovoltaic technology, NuvoSun contributes to the advancement of solar energy solutions.

Pfenex

Series A in 2009
Pfenex Inc. is a biotechnology company based in San Diego, California, specializing in the development of protein therapies to address unmet medical needs. The company is known for its lead product candidate, PF708, which is a therapeutic equivalent to Forteo for treating osteoporosis. Other notable candidates include PF743, a recombinant crisantaspase, and PF745, an extended half-life version of the same protein. Pfenex is also advancing PF810, a next-generation therapeutic in preclinical development, along with additional products such as sparX-1 and sparX-2. The company's innovative Pfēnex Expression Technology, which employs the microorganism Pseudomonas fluorescens, facilitates the rapid and efficient production of therapeutic proteins, vaccines, and biosimilars. Pfenex also holds license and supply agreements for CRM197, a non-toxic variant of diphtheria toxin. As of late September 2020, Pfenex operates as a subsidiary of Ligand Pharmaceuticals Incorporated.

Water Health International

Series D in 2009
WaterHealth International, Inc. is dedicated to providing safe and affordable drinking water to millions globally. Operating primarily under the dr. water brand, the company utilizes a sustainable for-profit model to deliver purified water through various channels, including vending kiosks, delivery vehicles, and community water systems. With over 500 such systems established, WaterHealth has significantly impacted the clean water sector, particularly in India. The company also offers remediation and treatment solutions tailored for domestic, commercial, and industrial clients, ensuring that local water resources meet World Health Organization quality standards. Founded in 1995, WaterHealth International is headquartered in Irvine, California, with additional offices in Hyderabad, India; Accra, Ghana; and Ikeja, Nigeria.

Biolex Therapeutics

Series D in 2008
Biolex is a clinical-stage biopharmaceutical company that uses their patented LEX SystemSM to develop hard-to-make therapeutic proteins and monoclonal antibodies that have been optimized to enhance their efficacy and potency. The LEX System is a technology that genetically transforms the aquatic plant Lemna to enable the production of biologic product candidates. Their main product aims at treating those afflicted with Hepatitis C.

HandyLab

Series D in 2008
HandyLab is a medical technology company that develops and manufactures molecular diagnostic assays and automation platforms The company’s proprietary platform reduces the time, cost, and complexity of testing while improving the quality of results. Using patented real-time microfluidic PCR technology, its products are positioned to decentralize nucleic acid testing. HandyLab was founded in 2000 and is based in Ann Arbor, Michigan. It was acquired by Becton, Dickinson and Company in 2009.

Rohm & Haas

Acquisition in 2008
Rohm & Haas manufactures and provides chemical products. It manufactures chemicals for the manufacture of printed circuit boards, agriculture, acrylic sheets, acrylic latex paints, and leather bate. Its products also includes water purification and softening products for commercial, industrial, and scientific uses. Rohm & Haas distributes its products on a worldwide basis. It was estabished in 1917, based in Philadelphia, Pennsylvania. It operates additional offices in several other locations globally. Rohm & Haas currently operates as a subsidiary of The Dow Chemical Company.

NanoMR

Series A in 2008
NanoMR specializes in the development of blood diagnostic devices, focusing on the rapid isolation of rare cells from complex biological samples at concentrations as low as one cell per milliliter. The company's innovative immunomagnetic capture system allows for the simultaneous targeting of multiple cell types, enabling the efficient extraction of bacteria and fungi in cases of bloodstream infections, as well as specific cells such as circulating tumor or fetal cells. This process is completed in under 30 minutes, significantly enhancing the speed and accuracy of diagnostics in clinical settings.

VeraLight

Series C in 2008
VeraLight is a medical device company founded in October 2004, specializing in non-invasive screening for type 2 diabetes and pre-diabetes through its proprietary SCOUT DS system. The company aims to combat the global diabetes epidemic by promoting early detection, which can lead to timely interventions that prevent the onset of diabetes and mitigate its complications. VeraLight focuses on developing and acquiring innovative technologies, products, and services that align with its mission to improve diabetes management and patient outcomes.

Oxford Immunotec

Series C in 2007
Oxford Immunotec Limited is a medical diagnostics company that specializes in the development and commercialization of innovative tests for infectious and immunological diseases, leveraging its patented T-SPOT technology. This technology enables the measurement of T cell responses at a single-cell level, which aids in the diagnosis, prognosis, and monitoring of conditions regulated by the immune system. The company offers the T-SPOT.TB test, a cellular blood test designed to detect both active and latent tuberculosis infections. Additionally, it operates testing laboratories in the United States and the United Kingdom, providing access to various immunological tests for healthcare providers. Founded in 2002 and headquartered in Abingdon, United Kingdom, with operations in Marlborough, Massachusetts, Oxford Immunotec Limited serves a diverse clientele, including independent laboratories, hospital systems, and public and private institutions across the United States and internationally.

GreatPoint Energy

Series C in 2007
GreatPoint Energy, Inc. specializes in producing pure hydrogen and substitute natural gas from coal, petroleum coke, and biomass using a proprietary catalytic hydromethanation process. This innovative technology converts carbon-rich feedstocks into a methane-rich gas stream, while also facilitating the capture and sequestration of carbon dioxide. The resulting products, including substitute natural gas, are utilized in various applications such as residential and commercial heating, power generation, and industrial processes, contributing to near-zero carbon electricity production. In addition to natural gas, the process generates valuable by-products like vanadium, nickel, activated carbon, ammonia, and sulfuric acid. GreatPoint Energy serves clients across several countries in Asia, including China, South Korea, Japan, Taiwan, and Indonesia, and collaborates with strategic investors and partners in the energy sector. Founded in 2004 and headquartered in Cambridge, Massachusetts, the company aims to enhance the economic viability and environmental sustainability of natural gas production.

Mirabilis Medical

Series A in 2007
Mirabilis Medical, Inc. is a medical device company based in Bothell, Washington, that specializes in the development and manufacture of ultrasound devices aimed at the non-invasive treatment of uterine fibroids, a common condition affecting women. Established in 2004, the company provides innovative solutions for gynecologists, utilizing high-resolution ultrasound imaging to accurately locate and treat fibroid tissue deep within the body without the need for incisions or punctures. This proprietary technology allows for effective ablation of pathological tissue while minimizing damage to surrounding areas, positioning Mirabilis Medical as a key player in the field of gynecological treatments.

Kemeta

Venture Round in 2007
Kemeta is a company dedicated to the commercialization of a compact breath analyzer designed to monitor metabolic processes in the body. In addition to this innovative technology, Kemeta offers a web-based application that enables users to track their food and nutritional intake, weight loss, exercise, and various body metrics over time. This dual approach allows individuals to gain a comprehensive understanding of their health and wellness, facilitating informed decisions regarding their dietary and fitness choices.

Certeon

Series B in 2007
Certeon, Inc. specializes in virtual appliance software solutions focused on application acceleration and wide area network (WAN) optimization. Founded in 2003 and headquartered in Burlington, Massachusetts, the company offers a range of products including the aCelera Virtual Appliance, which enhances application performance and manageability, and various S-Series Application Acceleration Appliances that optimize WAN traffic. Additionally, Certeon provides tools such as the Object Differencing Engine for efficient data storage and compression, as well as application acceleration blueprints tailored for diverse environments. Their offerings support remote application delivery, security, enterprise content management, and web application performance, among others. Certeon has established strategic partnerships with Microsoft and reseller relationships with companies like Champion Solutions Group and Nth Generation to expand its market reach.

Biolex Therapeutics

Series C in 2007
Biolex is a clinical-stage biopharmaceutical company that uses their patented LEX SystemSM to develop hard-to-make therapeutic proteins and monoclonal antibodies that have been optimized to enhance their efficacy and potency. The LEX System is a technology that genetically transforms the aquatic plant Lemna to enable the production of biologic product candidates. Their main product aims at treating those afflicted with Hepatitis C.

MBA Polymers

Series E in 2007
MBA Polymers, Inc. specializes in producing post-consumer recycled plastics from end-of-life durable goods, such as electronics, appliances, and automotive components. Founded in 1992 by Dr. Michael Biddle and Mr. Trip Allen, the company has emerged as a leader in the development of technology for recovering high-value engineering plastics from complex material streams. MBA Polymers offers a range of products, including acrylonitrile-butadiene-styrene, high impact polystyrene, and various polypropylene blends, catering to industries like electronics, consumer products, and building materials. The company is committed to sustainability, aiming to reduce energy usage and greenhouse gas emissions through its recycling processes. MBA Polymers is based in Hackensack, New Jersey, with additional facilities in Kematen/Ybbs, Austria, and Guangzhou, China.

TME Pharma

Series C in 2007
TME Pharma is a clinical-stage biopharmaceutical company focused on enhancing cancer treatment by targeting the tumor microenvironment. The company develops biostable aptamers and mirror image nucleic acids, with its leading drug candidates, NOX-A12 and NOX-E36, derived from a novel class of therapeutics known as Spiegelmers. These compounds are designed to improve the effectiveness of existing cancer therapies by offering specific advantages over traditional drug classes. TME Pharma maintains a strategic alliance with Pfizer, Inc., underscoring its commitment to advancing innovative treatment options in oncology. The company is headquartered in Berlin, Germany.

Water Health International

Series C in 2006
WaterHealth International, Inc. is dedicated to providing safe and affordable drinking water to millions globally. Operating primarily under the dr. water brand, the company utilizes a sustainable for-profit model to deliver purified water through various channels, including vending kiosks, delivery vehicles, and community water systems. With over 500 such systems established, WaterHealth has significantly impacted the clean water sector, particularly in India. The company also offers remediation and treatment solutions tailored for domestic, commercial, and industrial clients, ensuring that local water resources meet World Health Organization quality standards. Founded in 1995, WaterHealth International is headquartered in Irvine, California, with additional offices in Hyderabad, India; Accra, Ghana; and Ikeja, Nigeria.

Wolff Walsrode

Acquisition in 2006
Wolff Walsrode specializes in cellulose derivatives, food casings and site services.

Aveso

Series B in 2006
Aveso specializes in flexible display technology designed for high-volume, cost-sensitive consumer applications. The company produces paper-thin, rugged displays that can be easily integrated into products where traditional display options have been impractical due to cost or size constraints. Aveso's offerings include hot laminated electronic display components, numeric displays, card-based solutions, and custom display development tools. These products are applicable in various sectors, including credit cards, product packaging, home health diagnostics, and apparel, making them suitable for both consumer and industrial markets.

VeraLight

Series B in 2006
VeraLight is a medical device company founded in October 2004, specializing in non-invasive screening for type 2 diabetes and pre-diabetes through its proprietary SCOUT DS system. The company aims to combat the global diabetes epidemic by promoting early detection, which can lead to timely interventions that prevent the onset of diabetes and mitigate its complications. VeraLight focuses on developing and acquiring innovative technologies, products, and services that align with its mission to improve diabetes management and patient outcomes.

Santhera Pharmaceuticals

Series C in 2006
Santhera Pharmaceuticals is a Swiss specialty pharmaceutical company dedicated to the development and commercialization of innovative products aimed at treating mitochondrial and neuromuscular diseases. This field encompasses numerous orphan and niche indications with significant unmet medical needs and limited existing therapies. The company's operations primarily focus on neuro-ophthalmological, pulmonary, and neuromuscular conditions. Santhera generates a substantial portion of its revenue from the European Union, leveraging its expertise to address critical health challenges in these specialized areas.

SiConnect

Series B in 2006
SiConnect Limited, a fabless semiconductor company, provides home powerline communications technology. It offers integrated chips serving consumer electronics manufacturers and telecom operators. The company's products are used in various applications, such as home audio/video applications, including distribution of triple play services. SiConnect Limited was founded in 2004 and is headquartered in Swindon, the United Kingdom.

ZBD Displays

Venture Round in 2006
ZBD Displays specializes in the design and supply of electronic shelf edge labeling (ESL) solutions, utilizing epaper technology tailored for the retail industry. The company focuses on delivering innovative digital display solutions and associated software that enhance the shopping experience and improve operational efficiency for retailers. With a combination of strategic vision and technical expertise, ZBD Displays aims to lead the transition towards advanced electronic labeling in retail environments.

inSilica

Series B in 2006
inSilica is a fabless semiconductor company based in Santa Clara, California, specializing in providing ASIC and system-on-chip solutions. The company focuses on developing multimedia and printing processors for a wide range of imaging and printing devices, catering to sectors such as digital multimedia, digital printing, and mobile imaging. With design centers in India and Slovenia, inSilica aims to deliver cutting-edge semiconductor solutions to meet the evolving demands of the industry. Founded in 2003, the company continues to innovate and provide high-quality products to its clients worldwide.

Entropic

Series C in 2006
Entropic provides delivery, processing, and distribution of traditional HDTV broadcasts and IP-based streaming video content to the home. In addition to their next-generation STB, System-on-a-Chip, and connectivity solutions, entropic allows Pay-TV operators to provide consumers with engaging whole-home entertainment by transforming how digital entertainment is delivered, connected, and consumed at home.

Santhera Pharmaceuticals

Series B in 2005
Santhera Pharmaceuticals is a Swiss specialty pharmaceutical company dedicated to the development and commercialization of innovative products aimed at treating mitochondrial and neuromuscular diseases. This field encompasses numerous orphan and niche indications with significant unmet medical needs and limited existing therapies. The company's operations primarily focus on neuro-ophthalmological, pulmonary, and neuromuscular conditions. Santhera generates a substantial portion of its revenue from the European Union, leveraging its expertise to address critical health challenges in these specialized areas.

Sionex

Series C in 2005
Sionex Corporation is a high technology company focused on commercializing breakthrough chemical and biological sensor chips and systems based on its proprietary microDMxâ„¢ detection technology. Sionex maintains its worldwide headquarters and laboratories in Waltham, Massachusetts, close to Boston with its commercial, technology and communications infrastructure. The Company is privately held and was founded in 2001 with patented technology exclusively licensed from The Charles Stark Draper Laboratory.

ZBD Displays

Venture Round in 2005
ZBD Displays specializes in the design and supply of electronic shelf edge labeling (ESL) solutions, utilizing epaper technology tailored for the retail industry. The company focuses on delivering innovative digital display solutions and associated software that enhance the shopping experience and improve operational efficiency for retailers. With a combination of strategic vision and technical expertise, ZBD Displays aims to lead the transition towards advanced electronic labeling in retail environments.

Oxford Immunotec

Series B in 2005
Oxford Immunotec Limited is a medical diagnostics company that specializes in the development and commercialization of innovative tests for infectious and immunological diseases, leveraging its patented T-SPOT technology. This technology enables the measurement of T cell responses at a single-cell level, which aids in the diagnosis, prognosis, and monitoring of conditions regulated by the immune system. The company offers the T-SPOT.TB test, a cellular blood test designed to detect both active and latent tuberculosis infections. Additionally, it operates testing laboratories in the United States and the United Kingdom, providing access to various immunological tests for healthcare providers. Founded in 2002 and headquartered in Abingdon, United Kingdom, with operations in Marlborough, Massachusetts, Oxford Immunotec Limited serves a diverse clientele, including independent laboratories, hospital systems, and public and private institutions across the United States and internationally.

SiConnect

Series A in 2005
SiConnect Limited, a fabless semiconductor company, provides home powerline communications technology. It offers integrated chips serving consumer electronics manufacturers and telecom operators. The company's products are used in various applications, such as home audio/video applications, including distribution of triple play services. SiConnect Limited was founded in 2004 and is headquartered in Swindon, the United Kingdom.

Integrian

Series B in 2005
Integrian specializes in the development and manufacture of mobile digital video solutions aimed at enhancing public safety. The company focuses on video surveillance systems that are specifically designed for use in vehicles, offering robust video management capabilities. Its products serve a variety of clients, including municipal police departments, highway patrol agencies, and transit authorities. Integrian's solutions are intended to provide protection against security threats, lawsuits, and vandalism, thereby contributing to the safety and security of communities.

Cymbet Technologies

Series B in 2004
Cymbet Corporation specializes in designing and manufacturing eco-friendly, biocompatible rechargeable solid-state batteries for microelectronic systems. Founded in 2000 and based in Elk River, Minnesota, the company provides innovative energy storage solutions, including its EnerChip batteries, which cater to various industries such as medical, industrial control, telecommunications, and the Internet of Things. Cymbet's products are characterized by their low self-discharge rates and environmentally friendly composition, allowing for easy disposal and integration into electronic devices. The company also offers power management components and evaluation kits to assist electronics designers in expediting product development. Cymbet markets its products through a network of local sales representatives and global distributors, ensuring a wide reach across multiple sectors.

inSilica

Series A in 2004
inSilica is a fabless semiconductor company based in Santa Clara, California, specializing in providing ASIC and system-on-chip solutions. The company focuses on developing multimedia and printing processors for a wide range of imaging and printing devices, catering to sectors such as digital multimedia, digital printing, and mobile imaging. With design centers in India and Slovenia, inSilica aims to deliver cutting-edge semiconductor solutions to meet the evolving demands of the industry. Founded in 2003, the company continues to innovate and provide high-quality products to its clients worldwide.

Biolex Therapeutics

Venture Round in 2003
Biolex is a clinical-stage biopharmaceutical company that uses their patented LEX SystemSM to develop hard-to-make therapeutic proteins and monoclonal antibodies that have been optimized to enhance their efficacy and potency. The LEX System is a technology that genetically transforms the aquatic plant Lemna to enable the production of biologic product candidates. Their main product aims at treating those afflicted with Hepatitis C.

PathScale

Series B in 2003
PathScale, Inc. specializes in developing advanced technologies for high performance computing, particularly in the realms of science and engineering. The company's key offerings include the InfiniPath InfiniBand Adapter and the EKOPath Compiler Suite, which enhance the performance of Linux clusters, allowing them to rival the capabilities of the most powerful supercomputers. PathScale's products focus on maximizing application performance through innovative compiler technologies, including programming compilers, code generation, and debugging tools. These solutions empower clients to effectively tackle complex computational challenges in various fields, such as aerospace and automotive design, weather modeling, and drug discovery. As a result, PathScale has become a preferred choice among leading scientific and engineering organizations seeking to optimize their computational resources.

Centive

Venture Round in 2003
Centive is dedicated to providing technology solutions that automate incentive compensation management. The company aims to transform traditional sales compensation processes, which often involve basic commission calculations, into strategic tools that enhance sales performance. By offering on-demand solutions for sales compensation and performance management, Centive seeks to streamline these processes, enabling organizations to better align their compensation strategies with overall business goals.

INFICON Holding

Post in 2002
INFICON Holding AG is a Swiss company that specializes in providing advanced instrumentation and critical sensor technologies for gas analysis, measurement, and control across various industrial applications. Its products are essential for gas leak detection in air conditioning, refrigeration, and automotive manufacturing, as well as in the fabrication of semiconductors and thin film coatings used in optics, flat panel displays, and solar cells. INFICON's portfolio includes leak detectors, gauges, chemical detectors, mass spectrometers, and vacuum gauge controllers, all designed to enhance productivity, quality, and environmental safety. The company serves a diverse range of sectors, including life sciences, aerospace, packaging, and industrial processing. With manufacturing facilities located in Europe, the United States, and China, and a global presence through subsidiaries in multiple countries, INFICON is committed to maintaining high standards, evidenced by its ISO 9001 and ISO 14001 registrations. Its products are also RoHS compliant, reflecting the company's dedication to reducing harmful environmental impacts and energy consumption.

AmberWave

Series B in 2002
AmberWave, Inc. is a research and development company specializing in photovoltaic technology solutions for commercial buildings, as well as semiconductor manufacturing technologies. Founded in 1998, the company has developed a range of advanced materials and technologies, including Strained Silicon, which enhances microchip performance while reducing power consumption, and Aspect Ratio Trapping, used for silicon-based photonics and photovoltaic applications. AmberWave aims to provide high-value products for underrepresented markets and new applications, focusing on substrate engineering for integrated circuits, semiconductor lighting, and photovoltaics. The company is headquartered in Salem, New Hampshire, and was previously known as AmberWave Systems Corporation before changing its name in 2010.

Fast Track

Series C in 2001
Fast Track: a completely new and comprehensive approach to the way clinical trials are managed. The company is assembling a creative and energetic staff of technical and medical professionals, an experienced management team, industry-specific advisory boards, and an active investor constituency - all aggressively focused on achieving their vision: to revolutionize the management of clinical trials.

Ascot

Acquisition in 2001
Ascot plc's operations include outsourced specialty chemical manufacturing, outsourced fine chemical manufacturing and several engineering businesses.

EniChem S.p.A.

Acquisition in 2001
EniChem S.p.A. is a polyurethanes and polyurethane systems products.

Extreme Devices

Venture Round in 2000
Extreme Devices is a manufacturer of semiconductor electronic components.

Buildscape.Com

Venture Round in 2000
Buildscape is an Internet business that operates a commerce-driven web site community.

Reef Point Systems

Venture Round in 2000
Reef Point Systems, Inc. specializes in providing security solutions for converged wireless and wireline networks in the United States. The company's product portfolio includes the iQ family, which focuses on fixed/mobile convergence security, secure mobile access, and network infrastructure protection. These solutions are designed to help operators secure a range of services, including voice over Internet Protocol (VoIP), Internet Protocol television (IPTV), and multimedia services. Reef Point's offerings enable wireless service providers to safeguard their network infrastructure while delivering multimedia services to mobile users. Additionally, the company provides various security services such as virtual private networks, firewalls, denial of service attack prevention, content filtering, and remote access. Founded in 1998 and formerly known as Quarry Technologies, Inc., Reef Point Systems is headquartered in Burlington, Massachusetts. In December 2007, it was acquired by NextPoint Networks, Inc.

ChemConnect

Private Equity Round in 2000
ChemConnect, Inc. operates as an electronic exchange for trading midstream energy, feedstocks, chemicals, and related products. It is a third party commodity exchange, auctions provider, bulletin-board, back-end fulfillment service, and market information source for NGL's, chemicals, feedstocks, polymers, and fuel oil. The company’s products include natural gas liquids, refined and intermediate fuel products, aromatics, olefins, and commodity polymers. It also offers supply chain solutions, such as negotiation solutions and collaboration hubs. ChemConnect, Inc. was founded in 1995 and is headquartered in Houston, Texas with operations in North America, the United Kingdom, and Belgium.

Flexible Products Company

Acquisition in 2000
Flexible Products is one of the largest polyurethane systems suppliers in North America with annual sales of more than $140 million, serving customers in the refrigeration, construction, "do-it- yourself," appliance, furniture, roofing, manufactured housing, door and panel, packaging, geotechnical and transportation industries. Flexible Products owns four manufacturing sites in North America: Marietta, Ga.; Joliet, Ill.; Austin, Texas; and Toronto, Canada.

Illumina

Venture Round in 2000
Illumina is a leading technology company specializing in the analysis of genetic material, focusing on life science and clinical laboratory applications. The company generates the majority of its revenue from sequencing instruments, consumables, and related services. Illumina's high-throughput technology facilitates whole genome sequencing for humans and other large organisms, while its lower throughput tools cater to applications requiring smaller data sets, such as viral and cancer tumor screening. In addition, Illumina offers microarrays for lower-cost, targeted genetic screening, primarily serving consumer and agricultural sectors. By providing innovative and flexible solutions, Illumina plays a crucial role in advancing personalized medicine and supports disease research, drug development, and the creation of molecular tests in clinical settings.

Plastic Logic

Seed Round in 2000
Plastic Logic Ltd specializes in the development and manufacturing of plastic electronics, particularly flexible displays. The company produces both color and monochrome electrophoretic displays, which are utilized in a variety of applications including smartphones, e-readers, tablets, signage, wristwatches, and automotive displays. With a focus on lightweight, shatterproof, and energy-efficient technology, Plastic Logic's products offer significant advantages over traditional screens. The company's manufacturing capabilities are centered in Dresden, Germany, where it operates a pioneering facility dedicated to organic electronics. It serves a diverse clientele, including OEMs, system integrators, and device manufacturers in multiple countries, including the United Kingdom, Germany, and Russia. Additionally, Plastic Logic collaborates with third-party companies through an open pilot line, providing expertise in the industrialization of flexible electronics. Founded in 2000 and based in Cambridge, Plastic Logic continues to innovate in the field of flexible display technology.

Union Carbide

Acquisition in 1999
Union Carbide Corporation is an American manufacturer specializing in chemicals and petrochemicals for various industries. Established in 1917 through the merger of four companies, Union Carbide focuses on producing building-block chemicals such as ethylene and propylene, which are essential in the production of widely used plastic resins like polyethylene. The company also manufactures ethylene oxide and ethylene glycol, which are utilized in polyester fibers and antifreeze, respectively. Additionally, Union Carbide produces a range of solvents, intermediates, and specialty products, including isopropanol, alcohols, surfactants, and biocides. These products serve multiple sectors, including paints and coatings, packaging, personal care, pharmaceuticals, automotive, and textiles.
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