Boardman Bay Capital Management

Sivers Semiconductors AB, established in Sweden in 1951, specializes in the development, manufacturing, and sale of chips, components, modules, and subsystems based on advanced semiconductor technology. The company operates in two primary business areas: Wireless and Photonics. Its Wireless division focuses on high-frequency radio frequency integrated circuits (RFICs) for applications such as 5G millimeter wave networks, Wi-Fi meshed networks, and V2X communications. Meanwhile, the Photonics division concentrates on optical semiconductors for fiber networks, wireless optical networks, and sensors. Sivers serves customers globally, with a significant presence in North America, Europe, and Asia.

Ayar Labs develops and manufactures high-density electronic-photonic chiplets and lasers, specializing in optical interconnect solutions. Its flagship product, TeraPHY, offers a monolithic in-package optical I/O solution for applications requiring high bandwidth, low latency, and power efficiency. The company's products serve various industries such as artificial intelligence, cloud computing, telecommunications, aerospace, and military.

Ayar Labs develops and manufactures high-density electronic-photonic chiplets and lasers, specializing in optical interconnect solutions. Its flagship product, TeraPHY, offers a monolithic in-package optical I/O solution for applications requiring high bandwidth, low latency, and power efficiency. The company's products serve various industries such as artificial intelligence, cloud computing, telecommunications, aerospace, and military.

Ayar Labs develops and manufactures high-density electronic-photonic chiplets and lasers, specializing in optical interconnect solutions. Its flagship product, TeraPHY, offers a monolithic in-package optical I/O solution for applications requiring high bandwidth, low latency, and power efficiency. The company's products serve various industries such as artificial intelligence, cloud computing, telecommunications, aerospace, and military.

Transphorm, Inc. is a semiconductor company specializing in the design and manufacture of gallium nitride (GaN) field effect transistors (FETs) for high-voltage power conversion applications. Founded in 2007 and based in Goleta, California, the company provides a range of products suitable for sectors such as server and storage systems, photovoltaic inverters, automotive applications, and motor control. Transphorm's offerings include JEDEC and AEC-Q101 qualified GaN devices, combined with design and application support tailored to meet the needs of its expanding customer base across the Americas, EMEA, Japan, China, Korea, ASEAN, and Taiwan. Its vertically integrated approach fosters innovation throughout all stages of development, from design to fabrication and application support.

Securrency, Inc. is a financial technology company based in Riva, Maryland, with additional locations in Washington, D.C., New York City, and Abu Dhabi. Founded in 2015, Securrency specializes in developing a platform that facilitates the tokenized issuance and trading of securities. Its technology integrates traditional financial services with advancements in distributed ledger technologies, enabling seamless interaction between on-chain and off-chain systems. By providing tools for multi-jurisdictional identity and compliance, Securrency enhances market efficiency and security, making financial services more transparent and accessible. The company's platform supports a range of distributed ledgers, allowing various financial market participants, such as issuers and broker-dealers, to conduct transactions in a compliant manner while connecting investors with asset owners and startups seeking capital.

Securrency, Inc. is a financial technology company based in Riva, Maryland, with additional locations in Washington, D.C., New York City, and Abu Dhabi. Founded in 2015, Securrency specializes in developing a platform that facilitates the tokenized issuance and trading of securities. Its technology integrates traditional financial services with advancements in distributed ledger technologies, enabling seamless interaction between on-chain and off-chain systems. By providing tools for multi-jurisdictional identity and compliance, Securrency enhances market efficiency and security, making financial services more transparent and accessible. The company's platform supports a range of distributed ledgers, allowing various financial market participants, such as issuers and broker-dealers, to conduct transactions in a compliant manner while connecting investors with asset owners and startups seeking capital.

Groq is a company that develops AI inference technology and accelerators, designing Tensor Streaming Processor architecture that delivers high performance per watt for AI, machine learning, and deep learning workloads to enable scalable, energy-efficient inference for cloud and on-prem deployments, while providing deterministic performance that yields predictable compute times for any given workload and simplifies qualification and deployment. Founded in 2016 and based in Mountain View, California, Groq focuses on high-throughput, low-latency processors that support large-scale AI deployments.

Elenion Technologies, LLC specializes in the development of advanced photonic integrated circuit technologies for various datacom and telecom applications. Established in 2014 and headquartered in New York, with additional offices in San Jose, California, and Munich, Germany, the company focuses on innovation in silicon photonics. Elenion's product offerings include a monolithic integrated modulator/receiver assembly and optical engines designed for line-side, client-side, and intra-data center applications. These solutions are optimized for both pluggable and on-board configurations, enabling clients to achieve significant cost savings while delivering a compact form factor, low power operation, and high performance. Elenion operates as a subsidiary of Nokia Corporation and collaborates strategically with Molex Optical Solutions Group to enhance its technological capabilities.

Elenion Technologies, LLC specializes in the development of advanced photonic integrated circuit technologies for various datacom and telecom applications. Established in 2014 and headquartered in New York, with additional offices in San Jose, California, and Munich, Germany, the company focuses on innovation in silicon photonics. Elenion's product offerings include a monolithic integrated modulator/receiver assembly and optical engines designed for line-side, client-side, and intra-data center applications. These solutions are optimized for both pluggable and on-board configurations, enabling clients to achieve significant cost savings while delivering a compact form factor, low power operation, and high performance. Elenion operates as a subsidiary of Nokia Corporation and collaborates strategically with Molex Optical Solutions Group to enhance its technological capabilities.

Grab is a Southeast Asia-based mobile platform that integrates ride-hailing, food and grocery delivery, and financial services, connecting drivers, merchants, and customers through a single app. It operates in Singapore, Indonesia, the Philippines, Malaysia, Thailand, Vietnam, and Myanmar, and holds a leading market share in ride-hailing and food delivery, with 89% of revenue derived from these core businesses. The company also offers payments, consumer loans, and enterprise financial services. It charges commissions to both riders and merchants as it links them with consumers. Founded in 2012 by Anthony Tan and Tan Hooi Ling, Grab is headquartered in Singapore and maintains offices in Seattle, Beijing, Bangalore, Jakarta, and Vietnam. In 2024, Singapore, Indonesia, and Malaysia together contributed more than 70% of revenue.

Founded in 2005, Prosper Marketplace is a leading online lending platform that connects borrowers with investors. It facilitates fixed-rate, unsecured personal loans through its transparent marketplace, benefiting both parties financially and socially.