Blackhorn Ventures is an early-stage venture capital firm founded in 2016 and based in Boulder, Colorado, with additional operations in Denver. The firm focuses on investing in innovative companies that utilize advanced engineering to enhance resource productivity. Blackhorn Ventures primarily targets sectors such as energy, information technology, materials and resources, artificial intelligence, machine learning, and industrial applications. The firm aims to make impact investments in the United States, Canada, and Europe, aligning its strategies with sustainability standards. Its investment philosophy emphasizes the potential for technological advancements to drive productivity and efficiency across various industries.
King Energy is an innovative energy company focused on delivering solar power to multi-tenant commercial properties, including shopping centers, office buildings, and industrial complexes. The company addresses the challenges associated with solar energy deployment by renting rooftop space from property owners and managing the entire process, including financing, installation, and long-term maintenance of solar infrastructure. By leveraging technology, King Energy ensures efficient management of solar programs, allowing property owners to monetize their unused roof space while providing local tenants with clean energy at a discounted rate. This approach promotes sustainability and helps businesses reduce their energy costs.
Datch
Series A in 2024
Datch Inc. specializes in developing an online voice-visual interface platform tailored for industrial environments, aimed at enhancing operational efficiency for frontline workers. Founded in 2018 and based in San Francisco, California, Datch's platform facilitates real-time data capture and interaction through intuitive voice commands, allowing users to create work orders, log information, and address equipment breakdowns seamlessly. The technology employs natural language processing and generative AI to ensure accurate data collection and analysis, integrating smoothly with existing enterprise asset management systems such as SAP and IBM Maximo. By streamlining workflows and improving data-driven decision-making, Datch serves key sectors including mining, energy, and manufacturing, thereby addressing critical business process constraints effectively.
ThinkLabs AI
Seed Round in 2024
ThinkLabs AI is a specialist AI development and deployment firm. Its mission is to empower critical industries and infrastructure with trustworthy AI towards global energy sustainability.
Formic
Venture Round in 2024
Formic is a robotics company dedicated to enhancing automation in labor-intensive industries such as food and beverage, advanced manufacturing, and consumer packaged goods. The company focuses on making robotic deployments accessible and straightforward, offering manufacturers flexible automation solutions that allow them to pay based on productivity rather than upfront costs. By combining financial innovation with expertise in robotics, Formic enables businesses to scale their manufacturing capabilities quickly and with reduced risk. The company's mission is to democratize access to automation, ensuring that every factory can benefit from the efficiencies provided by advanced robotic systems.
Buzz Solutions
Venture Round in 2024
Buzz Solutions, Inc. develops an artificial intelligence-based software platform aimed at enhancing the inspection of energy infrastructure, specifically power lines. Founded in 2017 and based in Palo Alto, California, the company offers an image-recognition solution that identifies defects and anomalies in utility infrastructure. The platform automates the process of storing and analyzing visual data collected through drones and helicopters, using AI algorithms to generate actionable insights, predictive analytics, and heat maps. This technology enables power utilities to significantly reduce the time and costs associated with data analysis by over 50%, facilitating condition-based maintenance. As a result, Buzz Solutions' offerings contribute to preventing wildfires, power outages, and other adverse effects related to climate change on critical grid infrastructure.
Briq
Series B in 2024
Briq is a financial automation platform focused on the construction industry, leveraging artificial intelligence to streamline financial workflows. By automating data entry and transforming financial information into actionable insights, Briq enables construction companies to manage complex financial processes more effectively. The platform connects various stakeholders, processes, and systems used by contractors, facilitating improved planning and forecasting for more predictable business outcomes. This automation not only enhances financial performance by preventing fee erosion and controlling overhead costs, but also addresses sustainability and waste management challenges within the construction sector, ultimately contributing to greater efficiency and profitability for its clients.
Sway
Series A in 2024
Sway is a company focused on enhancing the online returns process for consumers and retailers. It aims to streamline the often cumbersome task of returning purchased items by providing a fully digitized solution. Sway enables users to arrange for the pick-up and drop-off of returns directly from their homes, eliminating the need for printing labels, packaging items, or visiting the post office. This service allows online shoppers to return products as easily as they can order them, significantly reducing the stress associated with online returns. By prioritizing convenience and efficiency, Sway supports online brands and retailers in improving their customer experience.
Dwellsy
Seed Round in 2023
Dwellsy, Inc. is a residential home rental platform founded in 2019 and based in Los Altos, California. The company offers a web-based platform that allows property owners and managers to list their vacant units without incurring lead, lease, or listing fees. Dwellsy aims to provide renters with a comprehensive selection of verified and trustworthy rental listings, focusing on organic search capabilities rather than a pay-to-play model. This approach is designed to enhance the user experience by ensuring that both renters and owners can engage in a straightforward and fraud-free rental process.
Ridepanda
Seed Round in 2023
Ridepanda is an online marketplace specializing in the sale of eco-friendly electric vehicles, including e-bikes, e-mopeds, and e-scooters. The platform is designed to cater to individual needs by allowing users to select vehicles based on their height, weight, and personal preferences. In addition to offering a curated selection of sustainable rides, Ridepanda provides essential services to enhance customer experience, such as flexible financing options, extended warranties, theft insurance, vehicle assembly, and maintenance plans. This comprehensive approach enables customers to purchase electric vehicles with added confidence and convenience.
Optera
Series A in 2023
Optera is an ESG software platform that supports corporate sustainability initiatives by providing comprehensive solutions for emissions accounting and management. The platform addresses complex carbon accounting challenges across all scopes of emissions—scope 1, 2, and 3—helping companies at various stages of their environmental, social, and governance (ESG) journey. Optera facilitates first-time inventory assessments, complete scope 3 accounting, and the establishment of science-based targets to achieve net-zero emissions. Additionally, it fosters collaboration by connecting clients with their suppliers, portfolio companies, and customers, promoting meaningful engagement throughout the value chain. Optera serves a diverse range of clients, including well-known companies across various industries, and partners with leading NGOs to enhance corporate ESG practices on a global scale.
ecoworks
Series A in 2023
Ecoworks GmbH, based in Berlin, Germany, specializes in climate-neutral renovations and modernizations for apartment buildings. The company focuses on the renewal of facades, roofs, windows, and basement insulation, utilizing industrial prefabrication and digital processes to efficiently modernize multi-family houses of up to four floors within a few weeks. Ecoworks also provides net-zero modernization services, enabling the generation of carbon dioxide-free heat and electricity through solar panels installed on roofs. Their offerings include planning, construction management, and the implementation of meters for electricity and heat, allowing property owners to meet tenants' energy needs while promoting environmental sustainability.
Electric Era
Series A in 2023
Electric Era Technologies specializes in developing AI-controlled battery storage solutions designed to enhance the efficiency of electric vehicle (EV) charging stations. Central to its offerings is the PowerNode-OS, a real-time software platform that optimizes charging operations for each PowerNode station. In addition to its technological innovations, Electric Era provides comprehensive EV charging solutions, including installation and ongoing support, aimed at delivering a seamless customer experience while fostering brand engagement. The company's battery systems are engineered to manage energy costs effectively, preventing excessive power draw from the grid during peak demand periods. Through these solutions, Electric Era enables businesses to streamline operations and promote sustainable energy usage without compromising their power management strategies.
Fero Labs
Series B in 2023
Fero Labs Inc. develops an automated machine learning and artificial intelligence platform tailored for the industrial sector, enhancing data analytics for manufacturing facilities. Established in 2015 and headquartered in New York with an office in Düsseldorf, the company's software adapts to evolving factory conditions, providing insights that help optimize processes, improve decision-making, and enhance overall production quality. Fero Labs combines existing data with advanced data science techniques to help clients identify the root causes of operational issues, thereby driving continuous process improvement. By predicting material quality and machine failures, Fero Labs enables companies to increase energy efficiency, reduce production costs, and boost productivity across various industries, including automotive, steel, oil and gas, chemicals, and utilities.
Golioth
Seed Round in 2023
Golioth is an Internet of Things (IoT) platform that facilitates rapid and secure connections between hardware and the cloud. It provides a unified API, allowing engineers to transition from prototype to production efficiently, significantly reducing development time. Golioth serves as a universal connector for various hardware setups, ensuring seamless integration with preferred cloud infrastructures. The platform supports multiple hardware and communication protocols, enabling secure end-to-end communication and effective fleet management. Additionally, Golioth's device SDK allows for over-the-air updates, which maintain product functionality and security throughout the lifecycle of the devices. By streamlining the cloud integration process, Golioth offers a flexible and scalable IoT solution that meets the evolving needs of hardware companies.
Railvision Analytics
Venture Round in 2022
RailVision Analytics is a Montréal-based company founded in 2019 that leverages artificial intelligence to enhance the efficiency and safety of the rail industry. The company develops data analysis software aimed at reducing greenhouse gas emissions and fuel consumption. By providing clients with access to comprehensive digital data related to rail operations, RailVision Analytics enables them to optimize locomotive performance and operational efficiency. Through its innovative solutions, the company addresses critical challenges in the rail sector, including equipment failure prediction and safety enhancement.
Otonomi
Seed Round in 2022
Otonomi operates a blockchain-enabled parametric platform that revolutionizes cargo insurance by converting traditional policies into efficient digital products. This innovative platform utilizes proprietary technologies such as data-activated triggers, smart contracts, and integrated digital wallets to significantly enhance the insurance process. Otonomi reduces claim resolution times from 45 days to just 45 minutes and lowers administrative costs by 75%. Additionally, its dynamic pricing and advanced risk scenario capabilities open new market opportunities while maximizing profitability. By improving the speed and transparency of the insurance claim process, Otonomi fosters greater trust among clients and helps insurance companies increase sales.
Isometric Technologies
Series A in 2022
Isometric Technologies is a performance management solution for the supply chain industry.
Modulous
Series A in 2022
Modulous Limited is a London-based company focused on designing, developing, and delivering affordable and sustainable homes globally. Established in 2018, the company leverages a digitized software platform that utilizes generative design, artificial intelligence, and 5D Building Information Modeling (BIM) to create fully engineered designs for multi-family homes from a defined kit of parts. This technology enables rapid production of planning-compliant designs, allowing property developers and architects to evaluate multiple design options efficiently. By addressing the pressing global housing shortage, Modulous aims to transform the housing sector with innovative solutions that prioritize quality, sustainability, and affordability.
Trunk
Seed Round in 2022
Trunk is a developer of construction management software focused on offsite projects. The company's software provides a centralized repository for all project information, enabling construction managers to effectively plan, track, and manage their projects from inception to completion. By offering tools that assist contractors in managing tasks and increasing productivity, Trunk helps streamline the construction process, ensuring projects are completed on time and with minimal complications.
Circuit Mind
Seed Round in 2022
Circuit Mind Limited, established in 2018 and based in London, United Kingdom, specializes in automating the design of electronic circuit boards using artificial intelligence. The company's innovative platform streamlines the design process, allowing engineers to efficiently create reliable and faultless circuit boards while reducing costs and time. By leveraging advanced technology, Circuit Mind simplifies the requirements for circuit board design and delivers final designs that are ready for manufacture, enhancing the overall effectiveness of electronic circuit design.
Datch
Series A in 2022
Datch Inc. specializes in developing an online voice-visual interface platform tailored for industrial environments, aimed at enhancing operational efficiency for frontline workers. Founded in 2018 and based in San Francisco, California, Datch's platform facilitates real-time data capture and interaction through intuitive voice commands, allowing users to create work orders, log information, and address equipment breakdowns seamlessly. The technology employs natural language processing and generative AI to ensure accurate data collection and analysis, integrating smoothly with existing enterprise asset management systems such as SAP and IBM Maximo. By streamlining workflows and improving data-driven decision-making, Datch serves key sectors including mining, energy, and manufacturing, thereby addressing critical business process constraints effectively.
Agorus
Seed Round in 2022
Agorus develops innovative software and automation solutions aimed at transforming the residential construction industry. By digitizing architectural plans into three-dimensional models, the company enhances the homebuilding process, allowing for virtual reality walkthroughs and augmented reality installation guides. This technology breaks down homes into panelized components, significantly reducing construction time while improving precision and efficiency. Agorus focuses on eliminating the risks and inefficiencies associated with traditional homebuilding, striving to create a more streamlined and customizable experience for clients. The company's vision is to make home construction as efficient as automobile manufacturing, ensuring that homes are built with both speed and personalization in mind.
ecoworks
Convertible Note in 2022
Ecoworks GmbH, based in Berlin, Germany, specializes in climate-neutral renovations and modernizations for apartment buildings. The company focuses on the renewal of facades, roofs, windows, and basement insulation, utilizing industrial prefabrication and digital processes to efficiently modernize multi-family houses of up to four floors within a few weeks. Ecoworks also provides net-zero modernization services, enabling the generation of carbon dioxide-free heat and electricity through solar panels installed on roofs. Their offerings include planning, construction management, and the implementation of meters for electricity and heat, allowing property owners to meet tenants' energy needs while promoting environmental sustainability.
CoFi
Seed Round in 2022
CoFi is a digital platform designed to enhance the construction lending process through integrative business software. The platform automates and modernizes the construction payment process, effectively addressing inefficiencies and providing greater predictability and consistency for residential and commercial projects. By streamlining payment management, CoFi enables banks and private lenders to efficiently manage and scale their construction portfolios. Additionally, the platform empowers contractors by facilitating project funding that is backed by on-demand payments, thereby improving their financial flexibility and access to necessary resources.
Optera
Seed Round in 2022
Optera is an ESG software platform that supports corporate sustainability initiatives by providing comprehensive solutions for emissions accounting and management. The platform addresses complex carbon accounting challenges across all scopes of emissions—scope 1, 2, and 3—helping companies at various stages of their environmental, social, and governance (ESG) journey. Optera facilitates first-time inventory assessments, complete scope 3 accounting, and the establishment of science-based targets to achieve net-zero emissions. Additionally, it fosters collaboration by connecting clients with their suppliers, portfolio companies, and customers, promoting meaningful engagement throughout the value chain. Optera serves a diverse range of clients, including well-known companies across various industries, and partners with leading NGOs to enhance corporate ESG practices on a global scale.
Vecna Robotics
Series C in 2022
Vecna Robotics, Inc. specializes in developing and marketing autonomous mobile robots aimed at enhancing logistics and material handling. Founded in 2018 and based in Waltham, Massachusetts, the company offers a range of solutions, including automated material handling, hybrid fulfillment, and workflow optimization. Its flagship product, Pivot.al, is an AI-based orchestration engine that continuously analyzes operational states to optimize team performance. Additionally, Vecna Robotics provides Beacon, a solution that combines software updates, data analytics, and remote operations to enhance the functionality of its robots. By focusing on workflows rather than solely on robotic technology, Vecna Robotics ensures that all components of its systems work in harmony, allowing clients to adapt their processes efficiently to meet changing market demands.
Rhumbix
Venture Round in 2021
Rhumbix, Inc. is a company based in San Francisco, California, that specializes in developing a mobile platform tailored for the construction industry. Founded in 2013, Rhumbix focuses on modernizing construction field operations by providing tools that facilitate real-time data collection and reporting for the craft workforce. The platform enhances communication and information flow within project teams, allowing for better management of materials, tools, and approved plans. By enabling crews to go paperless, Rhumbix improves the measurement and management of labor productivity, ultimately leading to enhanced project efficiency and profitability. The software also empowers foremen and work crews by offering daily performance feedback, supporting site safety, and delivering valuable insights to project managers.
Latent AI
Series A in 2021
Latent AI, Inc. is a technology company based in Menlo Park, California, with an additional office in Skillman, New Jersey. Established in 2018, the company specializes in developing a platform that optimizes artificial intelligence for edge devices, facilitating smart Internet of Things (IoT) applications. Its primary offering, the Latent AI Efficient Inference Platform (LEIP), allows developers to train, quantize, and deploy edge AI neural networks efficiently. The platform supports adaptive AI, automating the exploration of low-bit-precision training to enable on-device intelligence and inference. By providing tools that streamline AI implementation and workflows, Latent AI empowers software developers to effectively access and manage AI capabilities on edge devices, promoting cost-effective solutions across various enterprise applications.
QuoteToMe
Venture Round in 2021
QuoteToMe is a technology-driven solution that streamlines the procurement process for construction contractors by digitizing inventory, equipment, and temporary services acquisition. The company's innovative One Touch PO device automates the creation of purchase orders, simplifying the purchasing experience. By modernizing communication and access to quotes, QuoteToMe aims to transform the way construction materials, equipment, and services are sourced for projects, enhancing efficiency and effectiveness in the construction industry.
Locomation
Seed Round in 2021
Locomation, Inc. is a technology company based in Pittsburgh, Pennsylvania, specializing in the development of autonomous driving solutions for the trucking industry. Established in 2016, Locomation focuses on enhancing trucking safety and efficiency through its Autonomous Relay Convoy (ARC) system, which combines artificial intelligence with driver augmentation. This innovative approach allows one truck to autonomously follow a lead truck operated by a human driver, facilitating safer and more cost-effective transportation. The company aims to reduce truck-involved accidents and improve operational efficiency for trucking companies by leveraging advanced AI-driven systems for both commercial and defense applications.
FutureProof Technologies
Seed Round in 2021
FutureProof Technologies is a venture-backed managing general agent that specializes in climate-smart insurance solutions. Funded by AXIS Digital Ventures and MS&AD Ventures, the company leverages artificial intelligence to provide accurate projections of asset-level losses from climate-related events such as hurricanes and floods. Its innovative platform combines climate prediction data with proprietary economic models to assess property risks, offering actionable insights for financial decision-making. FutureProof's API facilitates real-time algorithmic underwriting and pricing, enabling wholesale brokers to receive instantly-bindable, differentiated quotes. By delivering affordable coverage for climate-resilient structures, FutureProof aims to close the insurance coverage gap while encouraging investment in climate adaptation efforts.
Toggle
Series A in 2021
Toggle is a company based in the United States that specializes in robotics and automation solutions for the construction industry. It offers a robotics as a service (RaaS) platform specifically designed for assembling rebar cages used in reinforced concrete applications. Utilizing advanced two-arm robotic platforms and proprietary jig designs, Toggle's technology enables the construction of rebar structures directly from computer blueprints, allowing for precise and efficient pre-assembly services.
Briq
Series B in 2021
Briq is a financial automation platform focused on the construction industry, leveraging artificial intelligence to streamline financial workflows. By automating data entry and transforming financial information into actionable insights, Briq enables construction companies to manage complex financial processes more effectively. The platform connects various stakeholders, processes, and systems used by contractors, facilitating improved planning and forecasting for more predictable business outcomes. This automation not only enhances financial performance by preventing fee erosion and controlling overhead costs, but also addresses sustainability and waste management challenges within the construction sector, ultimately contributing to greater efficiency and profitability for its clients.
Safehub
Series A in 2021
Safehub Inc. is a technology company that specializes in structural health monitoring and risk management services for property-related activities. Based in San Francisco, California, Safehub offers the Safehub Global Platform, which utilizes physics-based technology, sensors, and artificial intelligence to assist corporations in managing catastrophe risk. The platform provides real-time, building-specific data that delivers critical risk information, enabling users to refine and evaluate their insurance and risk reduction programs. Additionally, it facilitates faster emergency response and recovery efforts immediately following catastrophic events. Established in 2015, Safehub aims to enhance the understanding and management of risk in the built environment.
Xwing
Series B in 2021
Xwing, Inc. is a technology company based in San Francisco, California, that specializes in autonomous flight technology for unmanned aircraft. Founded in 2016, Xwing develops software that integrates sensors and mapping with onboard flight control systems, enabling regional aircraft to navigate, take off, and land safely. The company focuses on converting existing cargo aircraft into fully autonomous planes, thereby enhancing access to reliable and affordable delivery services. Xwing aims to expand its technology beyond air cargo into other areas of commercial aviation, emphasizing safety, scalability, and sustainability. The company has received recognition for its innovative contributions to transportation, including being named one of the Most Innovative Transportation Companies of 2021 and featuring on TIME Magazine’s Best Inventions List in 2021 for completing the world’s first fully autonomous cargo flight.
VEERUM
Series A in 2021
VEERUM Inc. is an Industrial Internet of Things (IIoT) company based in Calgary, Canada, specializing in digital asset management through its innovative Asset Visualization Platform. Founded in 2014, VEERUM leverages artificial intelligence and digital twin technology to create a digital replica of physical assets, enabling stakeholders to visualize and optimize projects throughout their entire lifecycle—from design and fabrication to construction. The platform provides a secure, cloud-based solution that offers data transparency and real-time insights within a 3D model, facilitating enhanced collaboration and decision-making. By allowing users to access aggregated asset data and maintain a comprehensive audit history, VEERUM aims to improve productivity and ensure business continuity in capital-intensive industries, thereby supporting clients in the transition to digital asset ownership.
Modulous
Seed Round in 2021
Modulous Limited is a London-based company focused on designing, developing, and delivering affordable and sustainable homes globally. Established in 2018, the company leverages a digitized software platform that utilizes generative design, artificial intelligence, and 5D Building Information Modeling (BIM) to create fully engineered designs for multi-family homes from a defined kit of parts. This technology enables rapid production of planning-compliant designs, allowing property developers and architects to evaluate multiple design options efficiently. By addressing the pressing global housing shortage, Modulous aims to transform the housing sector with innovative solutions that prioritize quality, sustainability, and affordability.
CytoVale
Debt Financing in 2021
CytoVale, Inc. is a medical technology company based in San Francisco, California, established in 2012. The company specializes in developing biomarkers that leverage the mechanical properties of individual cells, a field known as mechanomics. By utilizing microfluidics technology, CytoVale can efficiently route and physically probe single cells to measure multiple biomarkers simultaneously. This innovative approach aims to enhance early detection of immune-mediated diseases, particularly sepsis, thereby improving patient outcomes and reducing treatment costs. CytoVale's integration of cell mechanics with machine learning positions it at the forefront of revolutionizing diagnostic practices in healthcare.
Foresight Risk and Insurance Services
Venture Round in 2020
Foresight Commercial Insurance specializes in providing innovative workers' compensation coverage tailored for the middle market, particularly within high-risk industries such as construction and manufacturing. The company integrates advanced risk management technology into its insurance offerings, which helps reduce the frequency of workplace incidents by an average of 31%. This focus on enhancing workplace safety not only benefits businesses by improving their operational environment but also allows policyholders to potentially earn lower premiums. Foresight's comprehensive platform includes tools for pricing, risk analytics, submissions reporting, and claims management, empowering brokers and clients to engage more effectively in safety practices and risk mitigation.
Safesite
Series A in 2020
Safesite Solutions, Inc. is a provider of a Software as a Service (SaaS) platform designed to assist high-risk industries in managing their safety and compliance requirements. Founded in 2014 and headquartered in San Francisco, California, the company leverages mobile and field-based technologies alongside virtual safety coaching to help clients reduce workplace incidents by up to 57%. Over 4,000 companies in the United States utilize the Safesite platform to streamline compliance activities, enhance safety engagement among teams, and empower workers to take on safety responsibilities. The platform focuses on improving safety management at construction sites by offering real-time insights and notifications for swift resolution of safety issues.
Foresight Risk and Insurance Services
Series A in 2020
Foresight Commercial Insurance specializes in providing innovative workers' compensation coverage tailored for the middle market, particularly within high-risk industries such as construction and manufacturing. The company integrates advanced risk management technology into its insurance offerings, which helps reduce the frequency of workplace incidents by an average of 31%. This focus on enhancing workplace safety not only benefits businesses by improving their operational environment but also allows policyholders to potentially earn lower premiums. Foresight's comprehensive platform includes tools for pricing, risk analytics, submissions reporting, and claims management, empowering brokers and clients to engage more effectively in safety practices and risk mitigation.
BixData
Seed Round in 2020
BixData is a monitoring tool designed for system, application, and network oversight, focusing on comprehensive server management. It aims to facilitate next-generation IT management by allowing users to monitor various aspects of their infrastructure effectively. The company is associated with Nubix, which specializes in an edge native application platform that simplifies the development, deployment, and management of Internet of Things (IoT) and edge applications. Nubix operates on minimal computing devices, enabling data processing directly at the sensor level where the data is generated. Founded in 2017 and headquartered in Colorado, BixData and Nubix contribute to advancing the capabilities of modern IT and IoT environments.
Sustainment
Seed Round in 2020
Sustainment is a software platform designed to connect small and medium-sized American manufacturing suppliers with enterprise customers, fostering agile supply chain networks. By leveraging AI technology, the platform facilitates direct engagement between manufacturing vendors and suppliers, allowing businesses to enhance their domestic manufacturing capabilities. This connectivity enables heavy industry buyers to operate more efficiently while providing vendors with greater access to potential customers. Sustainment aims to create secure and resilient supplier networks, ultimately strengthening the U.S. manufacturing landscape.
Optera
Seed Round in 2020
Optera is an ESG software platform that supports corporate sustainability initiatives by providing comprehensive solutions for emissions accounting and management. The platform addresses complex carbon accounting challenges across all scopes of emissions—scope 1, 2, and 3—helping companies at various stages of their environmental, social, and governance (ESG) journey. Optera facilitates first-time inventory assessments, complete scope 3 accounting, and the establishment of science-based targets to achieve net-zero emissions. Additionally, it fosters collaboration by connecting clients with their suppliers, portfolio companies, and customers, promoting meaningful engagement throughout the value chain. Optera serves a diverse range of clients, including well-known companies across various industries, and partners with leading NGOs to enhance corporate ESG practices on a global scale.
Otonomi
Pre Seed Round in 2020
Otonomi operates a blockchain-enabled parametric platform that revolutionizes cargo insurance by converting traditional policies into efficient digital products. This innovative platform utilizes proprietary technologies such as data-activated triggers, smart contracts, and integrated digital wallets to significantly enhance the insurance process. Otonomi reduces claim resolution times from 45 days to just 45 minutes and lowers administrative costs by 75%. Additionally, its dynamic pricing and advanced risk scenario capabilities open new market opportunities while maximizing profitability. By improving the speed and transparency of the insurance claim process, Otonomi fosters greater trust among clients and helps insurance companies increase sales.
Humatics
Series B in 2020
Humatics is a technology company that specializes in developing advanced microlocation systems aimed at enhancing how individuals and machines locate, navigate, and collaborate. Its flagship offering, the Spatial Intelligence Platform™, integrates proprietary software, hardware, and advanced algorithms to deliver centimeter and millimeter-scale positioning with remarkable precision. Utilizing cost-effective radio-frequency technology, Humatics' systems can track multiple moving transponder targets within a range of up to thirty meters, significantly surpassing the accuracy of existing solutions. These systems can interconnect to provide extensive positioning coverage across various environments, including factory work cells and distribution centers. Founded in 2015 by MIT professor David Mindell and technology expert Gary Cohen, Humatics is headquartered in Kendall Square, Cambridge, Massachusetts. The company boasts a skilled team of professionals, including radar experts, software engineers, and product development leaders, dedicated to pioneering innovative position-based products and services.
Locomation
Seed Round in 2020
Locomation, Inc. is a technology company based in Pittsburgh, Pennsylvania, specializing in the development of autonomous driving solutions for the trucking industry. Established in 2016, Locomation focuses on enhancing trucking safety and efficiency through its Autonomous Relay Convoy (ARC) system, which combines artificial intelligence with driver augmentation. This innovative approach allows one truck to autonomously follow a lead truck operated by a human driver, facilitating safer and more cost-effective transportation. The company aims to reduce truck-involved accidents and improve operational efficiency for trucking companies by leveraging advanced AI-driven systems for both commercial and defense applications.
Safehub
Seed Round in 2020
Safehub Inc. is a technology company that specializes in structural health monitoring and risk management services for property-related activities. Based in San Francisco, California, Safehub offers the Safehub Global Platform, which utilizes physics-based technology, sensors, and artificial intelligence to assist corporations in managing catastrophe risk. The platform provides real-time, building-specific data that delivers critical risk information, enabling users to refine and evaluate their insurance and risk reduction programs. Additionally, it facilitates faster emergency response and recovery efforts immediately following catastrophic events. Established in 2015, Safehub aims to enhance the understanding and management of risk in the built environment.
Dexterity
Series A in 2020
Dexterity specializes in robotic solutions tailored for logistics, warehousing, and supply chain operations. The company operates on a 'robots as a service' model, allowing businesses to seamlessly integrate robotics into their workflows. Its flagship product, the DexR, is a sophisticated two-armed robot designed for tasks such as truck loading. This robot is equipped with advanced machine vision and force sensing technologies, enabling it to perform various repetitive tasks, including kitting, picking, packing, counting, sorting, and palletizing. By automating these processes, Dexterity helps clients enhance their operational efficiency and maximize the potential of their workforce.
Grid Raster
Venture Round in 2020
GridRaster is a developer of a 3D artificial intelligence software platform designed to enhance immersive mixed-reality experiences on mobile devices. The company's solution leverages edge cloud technology to deliver high-performance graphics with ultra-low latency, significantly improving performance by tenfold. By enabling enterprise customers to create and manage scalable extended reality applications, GridRaster helps businesses increase productivity, reduce costs, and boost revenues. The company's overarching vision is to facilitate the widespread adoption of virtual and augmented reality by enhancing the accessibility and quality of engaging content, ultimately providing users with breathtaking immersive experiences.
Buzz Solutions
Seed Round in 2020
Buzz Solutions, Inc. develops an artificial intelligence-based software platform aimed at enhancing the inspection of energy infrastructure, specifically power lines. Founded in 2017 and based in Palo Alto, California, the company offers an image-recognition solution that identifies defects and anomalies in utility infrastructure. The platform automates the process of storing and analyzing visual data collected through drones and helicopters, using AI algorithms to generate actionable insights, predictive analytics, and heat maps. This technology enables power utilities to significantly reduce the time and costs associated with data analysis by over 50%, facilitating condition-based maintenance. As a result, Buzz Solutions' offerings contribute to preventing wildfires, power outages, and other adverse effects related to climate change on critical grid infrastructure.
Locomation
Venture Round in 2020
Locomation, Inc. is a technology company based in Pittsburgh, Pennsylvania, specializing in the development of autonomous driving solutions for the trucking industry. Established in 2016, Locomation focuses on enhancing trucking safety and efficiency through its Autonomous Relay Convoy (ARC) system, which combines artificial intelligence with driver augmentation. This innovative approach allows one truck to autonomously follow a lead truck operated by a human driver, facilitating safer and more cost-effective transportation. The company aims to reduce truck-involved accidents and improve operational efficiency for trucking companies by leveraging advanced AI-driven systems for both commercial and defense applications.
MetaMap
Seed Round in 2020
MetaMap is a customer identity platform that specializes in identity verification, utilizing comprehensive and unique data from emerging markets. The platform offers a suite of tools designed to transform unknown users into trusted individuals online, enabling businesses to enhance their trust-based services. By leveraging regional data sources, including local government checks and global watchlists, MetaMap provides merchants with a clearer view of their users. This empowers them to extend more opportunities to a wider audience, facilitating partnerships with developers and enterprises to scale and differentiate their services effectively.
Modulous
Seed Round in 2020
Modulous Limited is a London-based company focused on designing, developing, and delivering affordable and sustainable homes globally. Established in 2018, the company leverages a digitized software platform that utilizes generative design, artificial intelligence, and 5D Building Information Modeling (BIM) to create fully engineered designs for multi-family homes from a defined kit of parts. This technology enables rapid production of planning-compliant designs, allowing property developers and architects to evaluate multiple design options efficiently. By addressing the pressing global housing shortage, Modulous aims to transform the housing sector with innovative solutions that prioritize quality, sustainability, and affordability.
Briq
Series A in 2020
Briq is a financial automation platform focused on the construction industry, leveraging artificial intelligence to streamline financial workflows. By automating data entry and transforming financial information into actionable insights, Briq enables construction companies to manage complex financial processes more effectively. The platform connects various stakeholders, processes, and systems used by contractors, facilitating improved planning and forecasting for more predictable business outcomes. This automation not only enhances financial performance by preventing fee erosion and controlling overhead costs, but also addresses sustainability and waste management challenges within the construction sector, ultimately contributing to greater efficiency and profitability for its clients.
Amperon
Seed Round in 2020
Amperon is a provider of forecasting and analytics solutions that harness real-time energy data to deliver precise electricity demand forecasts. With over 70 million smart meters installed across the country, the company capitalizes on previously untapped data by utilizing artificial intelligence to analyze 15-minute resolution electricity consumption for residential, commercial, and industrial ratepayers. This innovative approach enables energy suppliers and utilities to manage energy costs more efficiently, contributing to the advancement of a smarter energy grid.
Electriphi
Seed Round in 2020
Electriphi, Inc. is a technology company that specializes in developing an online fleet and energy management platform aimed at facilitating the transition from conventional to electric vehicle fleets. Founded in 2018 and headquartered in San Francisco, California, with an additional office in San Jose, the company provides tools such as the Fleet Electrification Planning Tool, which assists fleet managers and planning teams in analyzing energy costs, infrastructure needs, and environmental impacts tailored to specific fleet characteristics. Electriphi's software is designed for various commercial vehicles, including electric transit buses, school buses, and delivery vehicles. Utilizing artificial intelligence and machine learning, the platform optimizes fleet operations and energy management, helping clients reduce operational costs and enhance infrastructure efficiency through managed charging strategies.
GreenLight.ai
Pre Seed Round in 2020
GreenLight.ai operates an online platform that facilitates the compliant hiring and payment of freelance workers for socially conscious companies. Founded in 2018 and based in Palo Alto, California, the company provides a range of services including human resources, legal support, and payment processing. Its AI-driven platform simplifies the management of independent workers by automatically classifying their employment status, tracking time, and managing invoices. This approach helps businesses streamline operations, minimize compliance risks, and improve the experience for contingent workers. GreenLight.ai aims to make the administration of freelance labor straightforward, secure, and efficient.
Aumni
Series A in 2020
Aumni is a data-driven investment analytics platform based in the United States, specifically designed for private capital markets, including venture funds, family offices, university endowments, and corporate venture firms. Founded by former corporate attorneys Tony Lewis and Kelsey Chase in Salt Lake City, Aumni utilizes a combination of artificial intelligence and human expertise to extract and analyze critical deal data from complex legal agreements. The platform provides strategic insights related to the economic positions and legal rights of investors by converting intricate deal data into a clear, complete, and accurate dataset. Additionally, Aumni conducts audits and analyses of transactions to ensure the completeness and accuracy of documentation, thereby enabling investors and venture firms to make informed decisions based on a comprehensive understanding of their investments. The company has successfully analyzed a vast array of private capital data, representing investors with over $1 trillion in assets under management.
ARX Alliance
Pre Seed Round in 2020
ARX Alliance operates a third-party risk management platform focused on cybersecurity and environmental, social, and governance (ESG) vulnerabilities. This B2B SaaS platform enables organizations to assess their own cybersecurity resilience as well as that of their suppliers, providing insights into potential risks and weaknesses within the supply chain. With user-friendly vulnerability scans, breach insights, and risk audits, the platform generates clear reports and benchmarks, along with actionable guidance for risk mitigation and training. ARX has established its own Arx Standard™, which aligns with international standards while adapting to the unique profiles of companies and the evolving cyber threat landscape. This dynamic approach ensures that assessments remain relevant and comprehensive, helping businesses maintain secure and resilient supply chains.
Vecna Robotics
Series B in 2020
Vecna Robotics, Inc. specializes in developing and marketing autonomous mobile robots aimed at enhancing logistics and material handling. Founded in 2018 and based in Waltham, Massachusetts, the company offers a range of solutions, including automated material handling, hybrid fulfillment, and workflow optimization. Its flagship product, Pivot.al, is an AI-based orchestration engine that continuously analyzes operational states to optimize team performance. Additionally, Vecna Robotics provides Beacon, a solution that combines software updates, data analytics, and remote operations to enhance the functionality of its robots. By focusing on workflows rather than solely on robotic technology, Vecna Robotics ensures that all components of its systems work in harmony, allowing clients to adapt their processes efficiently to meet changing market demands.
eDraw
Seed Round in 2020
eDraw, Inc. is a company based in Alpine, Utah, that specializes in developing cloud-based software designed to streamline the construction payment process. Established in 2019, eDraw focuses on providing solutions for residential, commercial, and Small Business Administration (SBA) loans. The company's proprietary software automates and modernizes the payment processes, enhancing efficiency for lenders and facilitating smoother transactions in the construction industry.
Drawboard
Series A in 2019
Drawboard Pty Ltd, founded in 2012 and based in Melbourne, Australia, with an additional office in New York, specializes in PDF markup and collaboration solutions. The company's primary offerings include the Drawboard PDF application, which allows users to mark up, discuss, and manage design issues on drawing revisions, and Bullclip, a design communication platform that facilitates collaboration in workspace settings. Drawboard's technology emphasizes real-time document syncing, version control, and layer management, thereby enhancing PDF management workflows for users. By streamlining collaboration for architecture and engineering teams, Drawboard aims to reduce inefficiencies and help professionals focus on their core work without reliance on paper.
CytoVale
Series B in 2019
CytoVale, Inc. is a medical technology company based in San Francisco, California, established in 2012. The company specializes in developing biomarkers that leverage the mechanical properties of individual cells, a field known as mechanomics. By utilizing microfluidics technology, CytoVale can efficiently route and physically probe single cells to measure multiple biomarkers simultaneously. This innovative approach aims to enhance early detection of immune-mediated diseases, particularly sepsis, thereby improving patient outcomes and reducing treatment costs. CytoVale's integration of cell mechanics with machine learning positions it at the forefront of revolutionizing diagnostic practices in healthcare.
ALICE Technologies
Series A in 2019
ALICE Technologies develops an AI-powered construction simulation platform designed to enhance project planning and execution in the construction industry. This platform utilizes artificial intelligence to analyze complex building requirements, generate efficient schedules, and adapt these schedules as construction progresses. By providing detailed schedules and resource allocations, the platform helps contractors and project owners effectively plan, bid, and build, leading to significant reductions in construction times and labor costs. For a typical $500 million construction project, ALICE Technologies can save approximately $30 million. The company collaborates with key players in the infrastructure and commercial construction sectors, including Parsons, HDCC, and Kajima Corporation, to optimize construction processes and improve project outcomes.
Dwellsy
Pre Seed Round in 2019
Dwellsy, Inc. is a residential home rental platform founded in 2019 and based in Los Altos, California. The company offers a web-based platform that allows property owners and managers to list their vacant units without incurring lead, lease, or listing fees. Dwellsy aims to provide renters with a comprehensive selection of verified and trustworthy rental listings, focusing on organic search capabilities rather than a pay-to-play model. This approach is designed to enhance the user experience by ensuring that both renters and owners can engage in a straightforward and fraud-free rental process.
Briq
Seed Round in 2019
Briq is a financial automation platform focused on the construction industry, leveraging artificial intelligence to streamline financial workflows. By automating data entry and transforming financial information into actionable insights, Briq enables construction companies to manage complex financial processes more effectively. The platform connects various stakeholders, processes, and systems used by contractors, facilitating improved planning and forecasting for more predictable business outcomes. This automation not only enhances financial performance by preventing fee erosion and controlling overhead costs, but also addresses sustainability and waste management challenges within the construction sector, ultimately contributing to greater efficiency and profitability for its clients.
Motiv Power Systems
Series A in 2019
Motiv Power Systems Inc., founded in 2009 and headquartered in Foster City, California, specializes in designing and manufacturing electric-powered intelligent chassis for medium and heavy-duty commercial vehicles. The company’s offerings include battery-electric trucks and buses, specifically targeting step vans, shuttle buses, box trucks, and other specialty vehicles. Motiv facilitates the deployment of commercial fleets by providing not only vehicles but also charging infrastructure and operational guidance. Its solutions are designed to reduce operations and maintenance costs by up to 85%, while ensuring a healthier and more comfortable experience for operators and riders. Motiv Power Systems is committed to delivering zero-emission vehicles that contribute positively to urban environments, boasting a high uptime rate of 98%.
Grid Raster
Seed Round in 2019
GridRaster is a developer of a 3D artificial intelligence software platform designed to enhance immersive mixed-reality experiences on mobile devices. The company's solution leverages edge cloud technology to deliver high-performance graphics with ultra-low latency, significantly improving performance by tenfold. By enabling enterprise customers to create and manage scalable extended reality applications, GridRaster helps businesses increase productivity, reduce costs, and boost revenues. The company's overarching vision is to facilitate the widespread adoption of virtual and augmented reality by enhancing the accessibility and quality of engaging content, ultimately providing users with breathtaking immersive experiences.
Agerpoint
Series B in 2019
Agerpoint, Inc. specializes in providing information management solutions tailored for growers of tree and vine crops, as well as insurers and investors. The company develops advanced technologies to digitize and analyze natural environments, utilizing artificial intelligence and high-performance computing. Through its GroveTracker platform, Agerpoint offers growers critical insights into their crop holdings, including statistical and photographic data on their orchards and vineyards. The company integrates data from various sources, such as drones and satellites, to create precise digital records that enhance decision-making across sectors like agriculture, forestry, and environmental conservation. Founded in 2012 and headquartered in Research Triangle Park, North Carolina, Agerpoint aims to improve the understanding of plants and forests while contributing to efforts against climate change.
OnePointOne
Seed Round in 2019
OnePointOne is a technology company that specializes in vertical farming, offering a patented automated plant production system known as the Opollo Farms. This system integrates advanced robotics, artificial intelligence, and plant cultivation technology to create a controlled environment suitable for year-round production of various crops, including leafy greens and strawberry seedlings. By optimizing resource use, the Opollo Farming Platform allows clients to cultivate chemical-free, nutrient-rich foods and biopharmaceuticals while minimizing land, water, and pesticide consumption. OnePointOne aims to address contemporary agricultural challenges through innovative solutions that promote sustainable farming practices across multiple industries.
Pype
Convertible Note in 2019
Pype, Inc. specializes in software solutions tailored for the construction industry, focusing on project management and contract compliance. Founded in 2013 and based in Chantilly, Virginia, with an additional office in Bengaluru, India, Pype offers a suite of integrated SaaS products. These include AutoSpecs, which utilizes machine-learning algorithms to analyze specifications and extract actionable data; Closeout, a centralized portal for managing closeout documentation; eBinder, which compiles turnover documentation; and SmartPlans, designed to automatically extract submittals and schedules from project drawings. The company's innovative platforms have gained traction among leading general contractors and architectural firms, enhancing efficiency and standardization throughout the project life cycle. As of August 2020, Pype operates as a subsidiary of Autodesk, Inc., further solidifying its presence in the industry.
Rhumbix
Series B in 2019
Rhumbix, Inc. is a company based in San Francisco, California, that specializes in developing a mobile platform tailored for the construction industry. Founded in 2013, Rhumbix focuses on modernizing construction field operations by providing tools that facilitate real-time data collection and reporting for the craft workforce. The platform enhances communication and information flow within project teams, allowing for better management of materials, tools, and approved plans. By enabling crews to go paperless, Rhumbix improves the measurement and management of labor productivity, ultimately leading to enhanced project efficiency and profitability. The software also empowers foremen and work crews by offering daily performance feedback, supporting site safety, and delivering valuable insights to project managers.
Aperia Technologies
Series C in 2019
Aperia Technologies, Inc. specializes in automatic tire inflation devices aimed at enhancing the safety and efficiency of commercial vehicles. The company's flagship product, the Halo Tire Inflator, is a self-powered, bolt-on device that uses the rotational motion of a wheel to maintain optimal tire pressure. This technology addresses pressure loss caused by minor leaks, valve stem issues, and temperature fluctuations. Aperia's products are utilized across various fleet vehicles, including buses, box trucks, tractors, trailers, and refuse vehicles, and are distributed through a network of dealers in the United States. Founded in 2010, Aperia Technologies is headquartered in Burlingame, California, and focuses on providing solutions that help fleet operators reduce fuel costs and minimize environmental impact.
ManufactOn
Convertible Note in 2019
ManufactOn offers a cloud-based construction management software that focuses on prefab production and supply chain management for the construction industry. The platform provides tools that enable general contractors to manage construction materials and offsite production, as well as onsite installation. With its modular approach, ManufactOn allows users to track and oversee material and prefab processes across projects, shops, or companies, facilitating real-time project monitoring. The company is composed of experienced professionals from the architecture, engineering, and construction sectors, committed to enhancing efficiency and usability in construction practices.
Align17
Seed Round in 2019
Align17 Ltd is a London-based company founded in 2017 that operates a digital marketplace designed to connect private wealth clients with investment opportunities in social and environmental initiatives. The company aims to streamline the process for private wealth investors, reducing barriers and fragmentation in the impact investment space. By providing access to a range of co-investment opportunities, Align17 empowers investors to leverage independent capital for impactful projects while also seeking positive financial returns. Its services facilitate collaboration among investors, promoting a collective effort to address social and environmental challenges through strategic investment.
Pype
Seed Round in 2019
Pype, Inc. specializes in software solutions tailored for the construction industry, focusing on project management and contract compliance. Founded in 2013 and based in Chantilly, Virginia, with an additional office in Bengaluru, India, Pype offers a suite of integrated SaaS products. These include AutoSpecs, which utilizes machine-learning algorithms to analyze specifications and extract actionable data; Closeout, a centralized portal for managing closeout documentation; eBinder, which compiles turnover documentation; and SmartPlans, designed to automatically extract submittals and schedules from project drawings. The company's innovative platforms have gained traction among leading general contractors and architectural firms, enhancing efficiency and standardization throughout the project life cycle. As of August 2020, Pype operates as a subsidiary of Autodesk, Inc., further solidifying its presence in the industry.
Phylagen
Series A in 2019
Phylagen, Inc. is a data analytics company based in San Francisco that specializes in microbiome data analytics. Founded in 2014, the company employs DNA sequencing and machine learning to analyze complex genetic signatures within the environmental microbiome, transforming this extensive dataset into actionable insights for various industries. Phylagen also develops automated biosensors for indoor microbiome monitoring, which aim to enhance human health and safety by enabling early detection of pathogens, including COVID-19. Additionally, the company's solutions help manage allergy and asthma triggers, ensuring a healthier indoor environment for users.
Safehub
Convertible Note in 2019
Safehub Inc. is a technology company that specializes in structural health monitoring and risk management services for property-related activities. Based in San Francisco, California, Safehub offers the Safehub Global Platform, which utilizes physics-based technology, sensors, and artificial intelligence to assist corporations in managing catastrophe risk. The platform provides real-time, building-specific data that delivers critical risk information, enabling users to refine and evaluate their insurance and risk reduction programs. Additionally, it facilitates faster emergency response and recovery efforts immediately following catastrophic events. Established in 2015, Safehub aims to enhance the understanding and management of risk in the built environment.
Humatics
Series A in 2019
Humatics is a technology company that specializes in developing advanced microlocation systems aimed at enhancing how individuals and machines locate, navigate, and collaborate. Its flagship offering, the Spatial Intelligence Platform™, integrates proprietary software, hardware, and advanced algorithms to deliver centimeter and millimeter-scale positioning with remarkable precision. Utilizing cost-effective radio-frequency technology, Humatics' systems can track multiple moving transponder targets within a range of up to thirty meters, significantly surpassing the accuracy of existing solutions. These systems can interconnect to provide extensive positioning coverage across various environments, including factory work cells and distribution centers. Founded in 2015 by MIT professor David Mindell and technology expert Gary Cohen, Humatics is headquartered in Kendall Square, Cambridge, Massachusetts. The company boasts a skilled team of professionals, including radar experts, software engineers, and product development leaders, dedicated to pioneering innovative position-based products and services.
GridCure
Convertible Note in 2019
GridCure Inc. provides advanced metering infrastructure solutions that enable users to monitor and analyze power usage at both bulk and individual levels. Their offerings include grid health analysis, consumption signal processing, and fraud detection, along with automated communication and alert systems. These solutions facilitate detailed insights into grid performance, energy balancing, load distribution, and peak load detection, as well as individual health and outage detection. Additionally, GridCure's technology supports automated billing processes, integrating big data practices into the power utility sector. The company is headquartered in Toronto, Canada.
Pype
Convertible Note in 2018
Pype, Inc. specializes in software solutions tailored for the construction industry, focusing on project management and contract compliance. Founded in 2013 and based in Chantilly, Virginia, with an additional office in Bengaluru, India, Pype offers a suite of integrated SaaS products. These include AutoSpecs, which utilizes machine-learning algorithms to analyze specifications and extract actionable data; Closeout, a centralized portal for managing closeout documentation; eBinder, which compiles turnover documentation; and SmartPlans, designed to automatically extract submittals and schedules from project drawings. The company's innovative platforms have gained traction among leading general contractors and architectural firms, enhancing efficiency and standardization throughout the project life cycle. As of August 2020, Pype operates as a subsidiary of Autodesk, Inc., further solidifying its presence in the industry.
SupplyShift
Series A in 2018
SupplyShift Inc. is a provider of a SaaS-based platform designed for supply chain management, established in 2012 and headquartered in Santa Cruz, California. The platform facilitates the development and execution of strategic supply chain programs that enhance business resilience and transparency. By offering custom and industry-standard assessments, along with smart assessments, dashboards, and analytic tools, SupplyShift enables companies across various sectors, including technology, food and beverage, retail, and apparel, to engage suppliers at all tiers. The platform fosters collaboration between buyers and suppliers, allowing for efficient information sharing and insights generation. With a vast network that includes tens of thousands of companies in 133 countries, SupplyShift aims to transform supplier data into actionable intelligence, ultimately supporting businesses in achieving their sustainability and risk management objectives.
Energy Web Foundation
Seed Round in 2018
Energy Web Foundation is a global nonprofit organization founded in 2017 and based in Zug, Switzerland, with additional offices in Germany and the United States. The foundation focuses on leveraging blockchain technology to transform the energy sector, aiming to create a decentralized, democratized, and decarbonized energy system. Its open-source platform facilitates the deployment of blockchain applications, enhancing data security and transparency while reducing transaction costs. By promoting interoperability among various blockchain initiatives, Energy Web Foundation seeks to open markets to a wider range of participants, including consumers and devices, thereby accelerating the transition to a more resilient energy infrastructure. The organization is staffed by a team of experienced professionals from both the energy and blockchain sectors, dedicated to realizing this vision.
Wunder
Series B in 2018
Wunder is a company based in Boulder, Colorado, specializing in financing and developing large-scale solar projects across the United States. Established in 2013, Wunder provides construction and term financing for various commercial solar initiatives, including power purchase agreements, feed-in tariffs, and community solar developments. The company collaborates with solar organizations and financial institutions to facilitate the creation of solar projects for businesses, municipalities, nonprofits, and communities. Additionally, Wunder operates solar investment funds that connect individual and institutional investors with solar projects, leveraging proprietary software to conduct thorough project evaluations. This approach enables accredited investors to build diversified solar portfolios, traditionally accessible only to larger entities.
VEERUM
Seed Round in 2018
VEERUM Inc. is an Industrial Internet of Things (IIoT) company based in Calgary, Canada, specializing in digital asset management through its innovative Asset Visualization Platform. Founded in 2014, VEERUM leverages artificial intelligence and digital twin technology to create a digital replica of physical assets, enabling stakeholders to visualize and optimize projects throughout their entire lifecycle—from design and fabrication to construction. The platform provides a secure, cloud-based solution that offers data transparency and real-time insights within a 3D model, facilitating enhanced collaboration and decision-making. By allowing users to access aggregated asset data and maintain a comprehensive audit history, VEERUM aims to improve productivity and ensure business continuity in capital-intensive industries, thereby supporting clients in the transition to digital asset ownership.
Ethic
Seed Round in 2018
Ethic is a company that develops a technology platform focused on simplifying financial planning and portfolio management. The platform utilizes data-driven investment consulting technology to create sustainable investment portfolios. It is designed to minimize tracking errors relative to established passive indices, allowing family offices, health advisers, and endowment foundations to offer tailored sustainability insights and efficient passive portfolio construction for their clients.
CytoVale
Series B in 2017
CytoVale, Inc. is a medical technology company based in San Francisco, California, established in 2012. The company specializes in developing biomarkers that leverage the mechanical properties of individual cells, a field known as mechanomics. By utilizing microfluidics technology, CytoVale can efficiently route and physically probe single cells to measure multiple biomarkers simultaneously. This innovative approach aims to enhance early detection of immune-mediated diseases, particularly sepsis, thereby improving patient outcomes and reducing treatment costs. CytoVale's integration of cell mechanics with machine learning positions it at the forefront of revolutionizing diagnostic practices in healthcare.
Safesite
Seed Round in 2017
Safesite Solutions, Inc. is a provider of a Software as a Service (SaaS) platform designed to assist high-risk industries in managing their safety and compliance requirements. Founded in 2014 and headquartered in San Francisco, California, the company leverages mobile and field-based technologies alongside virtual safety coaching to help clients reduce workplace incidents by up to 57%. Over 4,000 companies in the United States utilize the Safesite platform to streamline compliance activities, enhance safety engagement among teams, and empower workers to take on safety responsibilities. The platform focuses on improving safety management at construction sites by offering real-time insights and notifications for swift resolution of safety issues.
DATTUS
Convertible Note in 2017
DATTUS, Inc. is a technology company based in Indianapolis, Indiana, that specializes in providing real-time data access and equipment status monitoring for industrial facilities. The company offers a comprehensive platform that includes sensor technologies for various applications such as temperature, vibration, and pressure, along with a plug-and-play hub that uploads sensor data to a cloud-based database. DATTUS also provides data analytics solutions that transform sensor data into actionable insights, aiding machine owners and operators in enhancing asset utilization and collaborating with service providers and machinery manufacturers. The company serves multiple sectors, including manufacturing, utilities, energy generation, oil and gas, and pharmaceuticals, helping clients navigate the complexities of Industry 4.0 and achieve operational efficiency, safety, and cost savings. Founded in 2013 and formerly known as Bearing Analytics, DATTUS aims to contribute to the evolution of smart machines and the industrial internet.
Rhumbix
Series A in 2017
Rhumbix, Inc. is a company based in San Francisco, California, that specializes in developing a mobile platform tailored for the construction industry. Founded in 2013, Rhumbix focuses on modernizing construction field operations by providing tools that facilitate real-time data collection and reporting for the craft workforce. The platform enhances communication and information flow within project teams, allowing for better management of materials, tools, and approved plans. By enabling crews to go paperless, Rhumbix improves the measurement and management of labor productivity, ultimately leading to enhanced project efficiency and profitability. The software also empowers foremen and work crews by offering daily performance feedback, supporting site safety, and delivering valuable insights to project managers.
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