ATEL Capital Group

ATEL Capital Group, founded in 1977 and based in San Francisco, California, operates as a multifaceted financial services firm focused on providing financing solutions to emerging growth companies across various industries, including information technology, life sciences, and green technologies. Through its venture capital arm, ATEL Ventures, the firm specializes in startup and growth-stage investments, offering secured financing and growth capital loans tailored to the needs of companies backed by top-tier venture capital firms. Additionally, ATEL Growth Capital provides senior secured financing with flexible terms to support companies at all development stages, aiming to foster innovation and growth. The firm also engages in the leasing and sale of equipment across diverse sectors, although it is in the process of liquidating certain assets. Overall, ATEL Capital Group is dedicated to fueling the growth of American industry through tailored financial solutions and strategic partnerships.

Steven Rea

President and Managing Director

James E. Ryan

VP

18 past transactions

ARRIS

Venture Round in 2023
ARRIS develops an additive molding technology for manufacturing 3D-aligned continuous fiber thermoplastic composite parts at scale. Its composites manufacturing technology combines continuously aligned fibers, electronics, and metallic components within topology-optimized structures.

Activ Surgical

Series B in 2022
Activ Surgical is a digital surgery company focused on improving surgical efficiency, accuracy, patient outcomes, and accessibility. Its scalable and patent-protected surgical software platform technology is driven by computer vision, artificial intelligence, analytics, and machine learning to enhance a surgeon’s intra-operative decision making, and reduce unintended and preventable surgical complications. The company was founded in 2017 and is headquartered in Boston, Massachusetts.

Lightship

Series C in 2021
We believe clinical research can be built to improve health equity globally. Learning if treatments are safe and effective for the people who need them requires us to offer studies that are more accessible and offer choice. We founded Lightship in 2018 with the inspiration to keep people at the heart of our work and use the latest innovations in digital health, technology, and remote care melded with high quality clinical research to transform clinical trials.

Plant Prefab

Debt Financing in 2021
Plant Prefab is a provider of custom single and multi-family home construction services. The company’s patented Plant Building System utilizes advanced digital modeling and fully customizable Plant Panels and Plant Modules to help contractors and developers build housing 20 to 50 percent faster than site-based methods. The system provides better quality control, design flexibility, and time, cost, and material efficiency than traditional on-site construction. With a mission to build a better world by design, Plant Prefab is the first housing prefabricator to announce a net zero goal and has achieved carbon-neutral operations since 2020.

Iron Ox

Series A in 2019
Iron Ox is pioneering a sustainable and precise way of growing fresh produce, using robotics and plant science, to reduce agriculture’s impact on global climate. Iron Ox was established in 2015 and has greenhouses in Gilroy, CA and Lockhart, TX.

Emulate

Series B in 2016
Emulate is a privately held company that creates advanced in vitro models for understanding how diseases, medicines, chemicals, and foods affect human health.

Emulate

Series B in 2016
Emulate is a privately held company that creates advanced in vitro models for understanding how diseases, medicines, chemicals, and foods affect human health.

Edeniq

Venture Round in 2012
Edeniq, Inc. is a leading biotechnology company that develops processes for producing and measuring cellulosic ethanol from corn kernel fiber through its Intellulose technology. Edeniq’s Intellulose requires zero capital investment and is easily integrated into existing ethanol production facilities. Edeniq was established in 2008 and is headquartered in Visalia, Calif. with a field office in Omaha, Neb. More information can be found at www.edeniq.com.

iPierian

Series B in 2010
We are using induced pluripotent stem cells for drug discovery and development. Focused on neurodegenerative diseases such as SMA, ALS and Parkinson's, and other major unmet medical needs.

SolFocus

Venture Round in 2010
SolFocus's mission is to enable solar energy generation at a Levelized Cost of Energy (LCOE) competitive with traditional fossil fuel sources. To achieve this goal, SolFocus has developed leading concentrator photovoltaic (CPV) technology which combines high-efficiency solar cells (approaching 40%) and advanced optics to provide solar energy solutions which are scalable, dependable and capable of delivering on the promise of clean, low-cost, renewable energy.

NexPlanar

Debt Financing in 2010
NexPlanar builds chemical mechanical planarization (CMP) pads for the semiconductor device industry. Their propriety nano-domain technology coupled with patented molded grooves and the unique ability to tune the pads results in dramatically improved yields and lower cost of ownership with extended pad life. The company manufactures in Hopkins, Minnesota and at its new headquarters in Hillsboro, Oregon.

IntelePeer

Venture Round in 2009
IntelePeer is a communications automation platform that leverages generative AI to streamline customer interactions. It helps businesses reduce operational costs while improving customer experiences through efficient automation solutions. The platform integrates seamlessly with existing systems to optimize communication processes across various channels.

OpSource

Venture Round in 2009
Dimension Data (formerly OpSource) provides cloud and managed hosting solutions that enable businesses of all sizes to accelerate growth and scale operations while controlling costs and reducing IT infrastructure support risks. More than four hundred Software-as-a-Service ISVs, cloud platform providers, carriers and enterprises rely on Dimension Data's expertise, experience and agility to operate high-availability, business-critical hosting environments. Dimension Data's industry-leading Application Operations service goes beyond traditional hosting by providing application management, change management, performance management and application optimization. Dimension Data Cloudâ„¢ is the first cloud to bring together the flexibility, availability and community of the public cloud with the security, performance and control the enterprise demands. Founded in 2002, Dimension Data is SAS 70 Type II, PCI DSS Level 1 and European Safe Harbor certified and has operations in California, Virginia, UK, Ireland, and India. For more information, please visit http://cloud.dimensiondata.com/.

Enerkem

Venture Round in 2009
Enerkem is a cleantech company transforming waste into transportation biofuels, renewable chemicals, and everyday products. Through the combination of a proprietary thermochemical technology platform and community-based advanced facilities, Enerkem addresses the challenges of oil dependence and waste disposal. Enerkem has validated its proprietary technology over a period of 10 years using the solid waste from numerous municipalities and other types of feedstock. The company’s process and business model are designed to profitably produce cellulosic ethanol from a large municipal solid waste supply. Enerkem is a private company founded in 2000 by its current senior management. It is majority-owned by institutional, clean-technology and industrial investors, including Rho Ventures, Waste Management, Braemar Energy Ventures, Investissement Québec, Valero, Cycle Capital, The Westly Group, Fonds de solidarité FTQ, and Fondaction CSN. Headquartered in Montreal, Canada, Enerkem has 170 employees in Canada and the United States.

Innovalight

Venture Round in 2008
Founded by Conrad Burke, Innovalight is focused on bringing high efficiency, low-cost solar modules to the marketplace. Enabling this manufacturing paradigm shift is the company's silicon ink, which has been in development since 2005. Historically, silicon has been processed either as a solid or as a gas. Using liquid based processing Innovalight will dramatically improve the cost and efficiency of today's solar modules.

BuyerLink

Series C in 2007
BuyerLink is the leading online marketing platform for the acquisition of locally-targeted and category-specific consumers on a cost-per-click or cost-per-lead basis. BuyerLink makes Internet marketing available to businesses of all sizes by eliminating the need for complex and expensive online marketing infrastructures. BuyerLink provides a highly-profitable alternative to online marketing solutions offered by major search engines and ad networks. BuyerLink provides efficient marketing solutions to help businesses reach the millions of consumers using the Internet everyday to find products or services within automotive, real estate, and home improvement industries.

Cornice

Funding Round in 2006
Cornice, Inc. provides storage elements for consumer electronics devices. Its storage element is built into various consumer products, including mobile phones, MP3 players, personal video recorders, GPS devices, and portable storage products. The company offers Crash Guard, which consists of active latch, skip control, and drop safe. It serves consumer electronics manufacturers. The company was founded in 2000 and is headquartered in Longmont, Colorado with integration centers in Hong Kong, Japan, and Taiwan.

ARYx Therapeutics

Series D in 2004
ARYx is a product-driven pharmaceutical company with leading expertise and significant intellectual property in the area of retrometabolic drug design. They are focused on improving the safety of oral therapies for chronic disease.
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