40 North Ventures

Founded in 2016, Vertical Aerospace develops electric vertical take-off and landing (eVTOL) aircraft to revolutionize air travel, making it personal, on-demand, and carbon-free. The company employs over 70 engineers from renowned aerospace and automotive industries, with a flagship product being the VX4, a piloted eVTOL capable of carrying four passengers.

Founded in 2017, Verbit specializes in AI-driven transcription and captioning services. It offers solutions for various industries, including education, legal, media, and enterprise, making audio and video content searchable, accessible, and actionable.

Founded in 2018, Latent AI develops a platform that enables smart Internet of Things (IoT) applications by optimizing AI neural networks for edge devices. Its LEIP platform allows developers to train, quantize, and deploy edge AI neural networks cost-effectively across the edge continuum.

Claroty is an industrial cybersecurity company offering an OT/IoT/IIoT security platform to protect and optimize industrial networks. The platform discovers granular elements, extracts critical data, and provides actionable insights for engineers, operators, and security professionals. It provides visibility, threat detection, risk and vulnerability management, and secure remote access by integrating with customers' existing infrastructure, reducing downtime and improving uptime and efficiency across production sites. The solution covers assets such as industrial control systems and SCADA, enabling anomaly detection and safe operation without requiring extensive dedicated teams. It connects to customers' environments to manage security across operational technology without disrupting production.

Proterra Inc. is a manufacturer of zero-emission electric buses, primarily focused on providing sustainable transportation solutions for public and commercial transit. Founded in 2004 and headquartered in Burlingame, California, with additional offices in Greenville, South Carolina, and City of Industry, California, Proterra designs its products, including 35-foot and 40-foot electric buses, to meet the diverse needs of urban and regional transit routes. The company's Catalyst platform is noted for its modularity, allowing it to adapt to various operational demands while delivering high energy efficiency. Proterra also offers a broad range of services, including vehicle electrification solutions, fleet planning, charging infrastructure, and comprehensive vehicle maintenance programs. By facilitating the transition away from fossil fuels, Proterra aims to enhance environmental quality and reduce operational costs for fleet operators, contributing to significant reductions in greenhouse gas emissions.

Founded in 2013, Poka develops performance support software that connects factory workers with digital manufacturing operations. Its platform aids manufacturers by facilitating on-the-floor training, knowledge building, and communication among workers, leading to improved productivity, reduced downtime, and enhanced quality and safety.

Extend offers personalized extended warranties and protection plans for a wide range of consumer products. Its platform provides intelligent real-time optimization of warranty offers, improving conversions and generating revenue for merchants. Integrated with leading eCommerce solutions, Extend enhances the customer support experience by storing purchase details and assisting throughout the claim process.

Atlast Food Co. is a food technology company based in Green Island, New York, specializing in the development of structural ingredients for plant-based and whole cut meat products. Established in 2020, Atlast aims to create delicious, environmentally sustainable foods that are rooted in nature. The company's product line includes innovative offerings such as plant-based bacon and steaks, reflecting its commitment to transforming the meat alternative market with high-quality, whole cut options.

Fictiv operates a global manufacturing platform that streamlines the process of designing, developing, and delivering fabricated parts. Its intelligent operating system enables users to get instant quotes, review manufacturing feedback, and manage orders from vendors worldwide. Fictiv leverages distributed manufacturing through 3D printing and CNC machining, serving engineers, designers, startups, and enterprises. As of 2021, it has manufactured over 25 million parts.

Menlo Micro, Inc. specializes in the design and development of electronic switches, particularly through its innovative Ideal Switch technology. This electromechanical switch is capable of handling both AC/DC and RF signals, making it suitable for a range of applications including high-power tunable resonators, filters, broadband power amplifier impedance matching, and electronically steerable antennas. The company's products are utilized in various industries, such as battery management, home automation, electronic vehicles, medical instrumentation, and the industrial Internet of Things, as well as in next generation 5G mobile networks. Founded in 2016 and headquartered in Irvine, California, Menlo Micro aims to enhance the efficiency and performance of advanced systems under high-stress conditions.

Everactive develops ultra-low-power chips for battery-less wireless sensors, enabling end-to-end IoT data services. Its solutions provide low-cost, long-lived, intelligent instrumentation for industrial operations across various applications.

Proterra Inc. is a manufacturer of zero-emission electric buses, primarily focused on providing sustainable transportation solutions for public and commercial transit. Founded in 2004 and headquartered in Burlingame, California, with additional offices in Greenville, South Carolina, and City of Industry, California, Proterra designs its products, including 35-foot and 40-foot electric buses, to meet the diverse needs of urban and regional transit routes. The company's Catalyst platform is noted for its modularity, allowing it to adapt to various operational demands while delivering high energy efficiency. Proterra also offers a broad range of services, including vehicle electrification solutions, fleet planning, charging infrastructure, and comprehensive vehicle maintenance programs. By facilitating the transition away from fossil fuels, Proterra aims to enhance environmental quality and reduce operational costs for fleet operators, contributing to significant reductions in greenhouse gas emissions.

Carbon is a digital manufacturing company that designs, develops, and manufactures additive production solutions. It leverages Continuous Liquid Interface Production (CLIP) technology, also known as Digital Light Synthesis, which uses light projection, oxygen-permeable optics, and programmable liquid resins to produce end-use parts with isotropic properties, high resolution, and smooth surface finish. The company offers printers, the SpeedCell modular manufacturing system, and automated post-processing equipment such as the Smart Part Washer to support a unified workflow across industries. It provides a range of materials, including rigid and flexible polyurethanes and other resins, along with services and consulting. Carbon serves automotive, consumer products, dental, industrial, and life sciences markets and is based in Redwood City, California. Founded in 2013, its aim is to shorten product development cycles through rapid design-to-market production, mass customization, and on-demand manufacturing.

Menlo Micro, Inc. specializes in the design and development of electronic switches, particularly through its innovative Ideal Switch technology. This electromechanical switch is capable of handling both AC/DC and RF signals, making it suitable for a range of applications including high-power tunable resonators, filters, broadband power amplifier impedance matching, and electronically steerable antennas. The company's products are utilized in various industries, such as battery management, home automation, electronic vehicles, medical instrumentation, and the industrial Internet of Things, as well as in next generation 5G mobile networks. Founded in 2016 and headquartered in Irvine, California, Menlo Micro aims to enhance the efficiency and performance of advanced systems under high-stress conditions.

Volta Charging is a company that designs, installs, and maintains a network of electric vehicle charging stations across the United States. Founded in 2010 and headquartered in San Francisco, California, Volta focuses on enhancing the accessibility of electric vehicle charging by strategically placing stations in high-traffic areas where consumers are active. The company collaborates with sponsor brands to fund its charging infrastructure, effectively turning these stations into valuable marketing and advertising spaces. By doing so, Volta not only supports the shift from combustion-powered vehicles to electric mobility but also helps its partners engage with consumers at critical moments in the purchasing process. This innovative approach positions Volta as a significant player in the evolving landscape of electric vehicle infrastructure.

Generac Grid Services specializes in advanced energy grid software that supports the energy industry by optimizing energy distribution and managing electric vehicle (EV) loads. The company utilizes a real-time energy-balancing platform designed to enhance the operational stability of power grids by effectively harnessing distributed energy resources, including flexible loads, energy storage, and renewable energy sources. Generac Grid Services provides essential tools for energy retailers and utilities, enabling them to dynamically optimize and dispatch resources to meet the real-time demands of the power system. By leveraging this technology, the company addresses the complexities associated with increasingly variable energy assets and evolving market opportunities, thereby enhancing overall grid reliability and efficiency.

Tamr is an enterprise data unification company based in Cambridge, Massachusetts. It builds a platform that uses machine learning and human insight to connect and enrich disparate data sources at scale. The solution supports data preparation, mastering, and integration for industries such as financial services, life sciences, government, oil and gas, manufacturing, consumer packaged goods, telecommunications, and media. It offers applications for procurement analytics, clinical data conversion, media analytics, and customer data integration. The platform helps organizations derive actionable insights and improve decision-making. Founded in 2013 by database experts, it has deployed in production at information services providers, pharmaceutical firms, and retailers.

Upskill designs and develops augmented reality software for industrial workforces. Its flagship platform, Skylight, enables companies to create smart glasses applications for various business scenarios, transforming operations using wearable devices. Serving industries such as manufacturing, healthcare, retail, and logistics, Upskill improves productivity, reduces errors, and enhances training.

Catalant is a Boston-based software company that specializes in strategy execution solutions for global enterprises. Founded in 2013, the company's platform enables businesses to break down strategic objectives, access and deploy resources, collaborate, measure value, and improve processes. Catalant's network comprises over 65,000 experts and 1,000 firms, serving more than 30% of the Fortune 100. Additionally, Catalant offers a platform that connects private equity firms with business professionals.

Desktop Metal is a global developer and manufacturer of additive manufacturing technologies, materials, and software for industrial production. The company offers a range of metal 3D printing systems, including the Production System for high-volume manufacturing, the Shop System for machine shops, the Studio System for office environments, and the Fiber printer for desktop use. It supplies materials and software that support metal, polymer, sand, and ceramic applications, enabling on-demand, digital mass production with improved speed, cost efficiency, and part quality. Desktop Metal serves automotive, aerospace, healthcare, consumer products, heavy industry, machine design, and research and development customers and operates worldwide from headquarters in Burlington, Massachusetts.

Nexar develops a mobile application called Dashcam, which uses AI and computer vision to predict and prevent road accidents. The app records the road while driving, detects hard breaks or accidents, and automatically uploads incident footage to the cloud. Nexar's mission is to make roads safer by connecting vehicles through its smart dashcam technology.

Aras is a software company established in 2000, headquartered in Andover, Massachusetts. It specializes in providing open source Product Lifecycle Management (PLM) solutions, running on a model-based Service-Oriented Architecture (SOA). Aras' offerings include Bill of Materials management, engineering change workflows, document management, CAD/EDA integrations, product costing, new product development & introduction processes, phase-gate project management, supplier collaboration, quality compliance, manufacturing process management, and tooling management. These solutions aim to enhance productivity across complex product lifecycles for various enterprises.

Founded in 2016, Superior Sensor Technology specializes in manufacturing digital silicon pressure sensors for industrial, medical, and automotive applications. Its products include Flow Meters, Spirometry sensors, Anesthesia equipment, and Ventilator systems, all designed to enhance performance and reliability while reducing costs.

ZincFive, Inc. is a manufacturer of nickel-zinc batteries and associated energy storage solutions, specializing in uninterruptible power supplies for mission-critical applications across various industries, including data centers, intelligent transportation, and motive power. Founded in 2015 and based in Tualatin, Oregon, with a development center in Shenzhen, China, the company focuses on delivering high power density and performance while ensuring superior safety and environmental benefits compared to traditional lead-acid and lithium-ion batteries. ZincFive holds 74 patents and has 29 patents pending, reflecting its commitment to innovation within the energy storage sector. Formerly known as EnSite Power, Inc., ZincFive changed its name in September 2016, and it was previously a subsidiary of Blue Earth, Inc.