Grid Ventures

Grid Ventures is a startup studio located in New York City, established in 2013. The company focuses on incubating and advising early-stage businesses, providing them with the necessary resources and support to develop and grow. By leveraging its expertise, Grid Ventures aims to foster innovation and help entrepreneurs navigate the challenges of launching their ventures. The firm specializes in seed-stage investments, allowing it to play a crucial role in the early development of promising startups.

Michael Scissons

Managing Partner

5 past transactions

Plotlogic

Series A in 2022
Plotlogic Pty Ltd is an Australian technology company specializing in ore characterization systems for the mining sector. Based in Brisbane and established in 2005, it employs advanced hyperspectral imaging and AI-driven platforms to enable mine operators to accurately identify the location and material properties of every rock in the mine. Its key products include OreSense LV, which assesses deviations from geological models; OreBlocks, an API for optimizing the planning process; and OreCheck, which delivers real-time alerts to fluctuations in ore quality. The company aims to enhance yield in critical mineral extraction while promoting sustainable mining practices by improving ore recovery, minimizing dilution, and reducing carbon emissions. Plotlogic also offers tailored on-site and off-site support services to ensure effective use of its technologies across various commodities, including coal, iron ore, and gold.

Syntegra

Seed Round in 2020
Syntegra is a company specializing in the generation of synthetic healthcare data that preserves privacy while maintaining the statistical properties of the original data. By employing advanced machine learning techniques, Syntegra creates validated synthetic data derivatives that do not contain any identifiable information, thus addressing the increasing barriers to clinical data access faced by healthcare systems and data aggregators. The company provides an open-access data platform that allows users to conduct analytics, build predictive models, and generate synthetic control groups for clinical trials. Its approach ensures compliance with privacy regulations such as HIPAA and GDPR, with multiple validation methods in place to safeguard data integrity. Syntegra's scalable solution is adaptable to various data types, including images and sensor streams, and is designed to enhance patient care and clinical outcomes. The company is led by a team of experienced entrepreneurs and academics with expertise in medicine and data science.

Optimus Ride

Series B in 2019
Optimus Ride is a self-driving vehicle company located in Boston, Massachusetts, focused on developing technologies that promote efficient, sustainable, and equitable mobility systems. As a spinoff from the Massachusetts Institute of Technology, the company leverages over 30 years of interdisciplinary research in self-driving technologies, electric vehicles, and Mobility-on-Demand Systems. Optimus Ride specializes in creating self-driving technology systems tailored for geofenced environments, utilizing innovations in complex sensor fusion, mapping, computer vision, and machine learning. The company's expertise is further enhanced by a team with extensive industrial and entrepreneurial experience in manufacturing robots, urban design, and shared vehicle fleet management, allowing it to offer versatile transportation solutions that range from commercial vessel operations to transit options.

Careerlist

Seed Round in 2019
Careerlist is a New York-based online marketplace founded in 2017 that connects recruiters and employees. The platform emphasizes a person-centered approach, moving beyond resumes by enabling vetted connections where a single profile can unlock opportunities, including roles not yet posted. The talent experience focuses on storytelling and resume enhancement to help candidates present themselves effectively, while employers gain access to vetted, high-caliber candidates through meaningful connections and a tailored hiring process that aligns with company culture and vision. The network aims to reduce noise from traditional job boards and external recruiters by fostering direct interactions between actively hiring employers and top talent.

Flashstock

Seed Round in 2014
FlashStock is a visual content platform designed to address the challenges marketers face in creating high-quality, engaging visual content across various digital channels. Recognizing that traditional agency models are often not scalable for today’s fragmented media landscape, FlashStock offers a solution that leverages proprietary technology and a global network of contributors to produce customized images and videos at scale. This platform enables brands and agencies to efficiently plan and execute their content marketing strategies while ensuring that the visual content aligns with brand identity and marketing goals. As a recognized partner of major social media platforms, FlashStock has collaborated with over 200 leading global brands, including seven of the top ten global advertisers, to enhance their visual storytelling and meet the demands of an increasingly visual marketplace.
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