DuPont Ventures

DuPont Ventures invests in companies operating in the agriculture, transportation, construction, clean-tech, electronic materials, nutrition and health, safety technology, performance materials, and coatings and color technologies sectors.

Frank Klemens

Managing Director

4 past transactions

PrecisionHawk

Series D in 2018
PrecisionHawk Inc. is a technology company that specializes in providing drones, sensors, and software solutions tailored for various industries, including agriculture, construction, energy, insurance, and government. Founded in 2010 and headquartered in Raleigh, North Carolina, the company has established additional locations in Texas, Indiana, Canada, Virginia, and Colorado. PrecisionHawk combines unmanned aerial systems with remote sensing technologies and advanced data analytics to enhance business operations and decision-making processes. Its platform offers an end-to-end solution for aerial data collection, processing, and analysis, delivering actionable insights through its proprietary software tools. The company also owns DataMapper, a software for aerial data management, Terraserver, a satellite imagery provider, and LATAS, a platform focused on low-altitude traffic and airspace safety for drones.

NexSteppe

Series C in 2014
NexSteppe, Inc. specializes in the development and commercialization of tailored crops that serve as raw materials for biofuels, biopower, biogas, and biobased products. Founded in 2010 and based in Scottsdale, Arizona, the company focuses on advanced breeding techniques to cultivate crops such as sweet sorghum, high-biomass sorghum, and switchgrass. These feedstocks are specifically designed to meet the needs of the biofuels and biobased products industries in markets like the United States and Brazil. In addition to crop development, NexSteppe is enhancing crop management practices and supply chain operations to deliver optimized, fully-integrated feedstock solutions. Through these efforts, NexSteppe aims to contribute to a more sustainable and secure energy future.

Actelis Networks

Series D in 2005
Actelis Networks, Inc. specializes in high-performance broadband solutions over copper, enabling the delivery of Ethernet and broadband access services. Founded in 1998 and headquartered in Fremont, California, the company offers a range of products, including aggregation switches, Ethernet access devices, and various broadband amplifiers. Its solutions cater to service operators and government customers, addressing needs in residential broadband, business Ethernet, small cell and Wi-Fi backhaul, as well as intelligent traffic systems and municipal networks. Actelis Networks effectively transforms copper infrastructure into a strategic asset, facilitating reliable and cost-effective connectivity for Internet of Things (IoT) projects across diverse environments such as cities, campuses, and military bases. The company emphasizes security in its networking solutions, ensuring protection for critical IoT data through advanced coding and encryption technologies. Actelis distributes its products via a network of resellers and maintains research and development facilities in Tel Aviv, alongside regional sales offices globally.

Redpoint Bio

Series A in 2003
Redpoint Bio is a company focused on developing novel taste modulators for the food, beverage, and pharmaceutical industries. Its platform utilizes advancements in molecular biology to create compounds that can mask bitterness and enhance the sweetness of natural sugars. This innovation aims to improve product taste and increase consumer acceptance. Currently, Redpoint Bio is prioritizing the preservation of its License and Commercialization Agreement with International Flavors and Fragrances, Inc., a leader in the food and beverage sector. In light of limited resources, the company is not engaged in research and development activities at this time and is actively working to reduce liabilities and divest remaining assets.
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