Brightstone Venture Capital

Xplore Inc is a company that specializes in developing space aircraft and offering space as a service. Founded in 2017 and based in Mercer Island, Washington, Xplore provides a range of services including mission planning, spacecraft engineering, flight financing, payload insurance, communications, data management, and spacecraft operations. The company caters to both government agencies and commercial space enterprises, engaging in missions that span the moon, earth, Venus, Mars, asteroids, and custom expeditions. Xplore's satellite constellation is equipped with remote sensing instruments such as optical, video, and hyperspectral sensors, which generate valuable data and insights for clients. Furthermore, Xplore's edge computing capabilities facilitate the creation of data fusion products, allowing for on-orbit insights and reducing latency and data transmission costs.

Mosaic Building Group, Inc. is a technology-focused construction company based in Phoenix, Arizona, with additional offices in San Francisco, California. Founded in 2015, the company provides a range of construction services to homebuilders, including general contracting, framing, plumbing, electrical, drywall, and site work. Mosaic specializes in single-family, multi-family, custom homebuilding, and build-to-rent projects. With a commitment to enhancing efficiency in the construction process, Mosaic employs advanced technologies and programming to automate various tasks, resulting in faster and more streamlined homebuilding. The company's mission centers on creating communities that foster a sense of connection and belonging, aiming to make beautiful living environments accessible to a broader audience.

Eternal is an information technology company established in 2018, headquartered in Brooklyn, New York. The company specializes in developing an avatar social network designed to provide a novel social networking experience. By empowering artists and integrating innovative features, Eternal aims to redefine how individuals interact online. The company launched a private beta of its platform in January 2020, marking its commitment to enhancing user engagement through unique digital avatars.

Cryosa is a medical technology company specializing in the development of innovative treatments for obstructive sleep apnea.

Aria CV, Inc. is a medical device company based in St. Paul, Minnesota, specializing in treatments for pulmonary arterial hypertension (PAH). Founded in 2010 by Drs. John Scandurra and Karl Vollmers, the company has developed an innovative implantable cardiovascular device aimed at reducing the workload on the right side of the heart. This device holds the potential to enhance both the survival and quality of life for patients suffering from pulmonary hypertension. Aria CV has secured an exclusive license for certain patents from the University of Minnesota, reflecting its commitment to advancing medical technology in this critical area of healthcare.

VRChat is a social virtual reality platform that enables users to create and explore custom avatars, join online communities, and engage in immersive interactive experiences with others worldwide.

Intact Therapeutics designs and develops a thermosensitive, mucoadhesive drug-delivery platform for gastrointestinal disorders. The company focuses on smart gels that are liquid at room temperature and become mucoadhesive at body temperature, enabling localized drug concentrations with reduced systemic exposure. Its technology targets conditions such as ulcerative colitis and other GI diseases, aiming to provide effective, patient-friendly therapies with minimal discomfort. Founded in 2015 and based in Belmont, California, the company pursues formulations that improve retention and efficacy and offer a more comfortable healing experience.

Viosera Therapeutics, Inc. is a biopharmaceutical company focused on developing innovative therapies to combat antibiotic resistance, particularly targeting methicillin-resistant Staphylococcus aureus (MRSA). Founded in July 2016, the company is headquartered in Sunnyvale, California, with additional operations in St. Louis, Missouri. Viosera's flagship product, VT1, is designed to treat MRSA bloodstream infections. The company employs artificial intelligence to identify and develop drug combinations that predict and block resistance evolution in both bacterial infections and cancer treatment. Through these advancements, Viosera aims to provide effective solutions that address the growing threat of antibiotic resistance, ultimately improving patient outcomes.

StemoniX Inc. is a biotechnology company that specializes in stem cell technologies aimed at advancing drug discovery and personalized medicine. Founded in 2014 and headquartered in Minneapolis, Minnesota, with an additional office in La Jolla, California, StemoniX offers a proprietary platform that facilitates the creation and scaling of human tissue derived from stem cells. This platform supports the 3-D printing of living cells for various applications, including research into heart disease, dementia, breast cancer, autism, and ALS. By operationalizing human-induced pluripotent stem cell (iPSC) disease models at scale, StemoniX enhances the efficiency of neurotoxicity research and drug screening, enabling scientists to conduct more effective studies with improved outcomes.

CodeStream, Inc. is a New York City-based company founded in 2017 that specializes in developing an integrated development environment (IDE) extension for software teams. This extension facilitates communication among developers by embedding team chat directly into popular IDEs, allowing for seamless discussions about code. CodeStream's platform enhances collaboration and accelerates development cycles by enabling teams to review and understand code more effectively. By providing tools that simplify knowledge sharing and reduce technical debt, CodeStream supports developers in creating software that is easier to modify and quicker to deploy.

CNEX Labs develops storage semiconductor and software solutions, specializing in NVMe PCIe SSD controller ASICs that support LightNVM and Open-Channel operation with native NVMoE I/O connectivity. The controllers deliver high performance with low and predictable latency, scalability, and flexibility for software-defined storage, accelerating big data computing and analytics in cloud, hyperscale, and enterprise data centers. The company serves cloud and data center customers and partners with solid-state storage manufacturers to create differentiated storage solutions across form factors such as M.2, U.2, U.3, HHHL, and EDSFF. Founded in 2013 and headquartered in San Jose, California, CNEX maintains additional offices in Copenhagen, Shanghai, Hangzhou, and Tokyo.

Vathys, Inc. is a manufacturer of deep learning processor chips, established in 2016 and headquartered in Portland, Oregon. Originally founded as Ingemini, LLC, the company rebranded in January 2018. Vathys focuses on developing innovative processor architectures specifically designed for deep learning applications. Its technology aims to address computing challenges by minimizing data movement, thereby reducing computational loads and lowering power consumption. This unique approach allows Vathys to offer advanced solutions that cater to the growing demands of deep learning, positioning the company as a key player in the semiconductor industry.

Wasabi Technologies, Inc. is a Boston-based company that offers a cloud storage platform tailored for hybrid and multi-cloud media workflows. Founded in 2016, Wasabi provides hot storage solutions that utilize an Amazon S3 compatible API, enabling organizations to store and access data quickly, with average time-to-first-byte speeds under 15 milliseconds. The company's platform is designed to be simple and affordable, allowing customers to access unlimited data without complex pricing tiers or unpredictable egress fees. Wasabi's services cater to various industries, including media and entertainment, education, scientific research, law enforcement, healthcare, and energy. The company has gained recognition for its rapid growth and innovative approach to cloud storage, serving tens of thousands of customers worldwide.

Jido Inc. is a Palo Alto-based company specializing in the design and development of application programming interfaces (APIs) for augmented reality (AR) software. The company's technology enables digital content to have a shared and persistent presence in the real world, enhancing AR experiences across different users and devices. Jido's applications are particularly beneficial for retailers, facilitating contactless, physical-to-digital shopping experiences that effectively bridge the gap between physical and digital environments. With a research team originating from the Stanford Artificial Intelligence Labs and the Cornell Robot Learning Lab, Jido leverages a deep understanding of users' spatial context to ensure seamless and engaging interactions with AR content.

VRChat is a social virtual reality platform that enables users to create and explore custom avatars, join online communities, and engage in immersive interactive experiences with others worldwide.

Atavium Inc., established in 2015 and headquartered in Minneapolis, Minnesota, specializes in designing and developing a comprehensive data management platform. This platform is engineered to organize, automate, manage, and store large unstructured datasets, whether they reside in data centers or the cloud. Atavium's innovative system enables enterprises to automate the lifecycle of their data even before it is created, simplifying complex data environments. The company was founded by industry veterans with a proven track record of delivering high-impact products, previously acquired by prominent tech companies like Dell and EMC. As of April 8, 2020, Atavium operates as a subsidiary of Quantum Corporation.

Wasabi Technologies, Inc. is a Boston-based company that offers a cloud storage platform tailored for hybrid and multi-cloud media workflows. Founded in 2016, Wasabi provides hot storage solutions that utilize an Amazon S3 compatible API, enabling organizations to store and access data quickly, with average time-to-first-byte speeds under 15 milliseconds. The company's platform is designed to be simple and affordable, allowing customers to access unlimited data without complex pricing tiers or unpredictable egress fees. Wasabi's services cater to various industries, including media and entertainment, education, scientific research, law enforcement, healthcare, and energy. The company has gained recognition for its rapid growth and innovative approach to cloud storage, serving tens of thousands of customers worldwide.

Realvision is a Toronto-based immersive media technology company that builds a platform for real estate marketing. The platform provides a complete marketing package for property listings, including three-dimensional virtual tours, floor plans, and still photographs, enabling real estate agents and brokers to showcase properties online and in print. It supports VR-ready tours captured with DSLR cameras and can present spaces such as condos, houses, venues, offices, hotels, and restaurants. Realvision's solutions aim to turn online visitors into potential buyers by delivering a comprehensive, room-by-room view of listings. The company was formerly Toursler and began operations in 2013, with an additional office in Minneapolis.

VRChat is a social virtual reality platform that enables users to create and explore custom avatars, join online communities, and engage in immersive interactive experiences with others worldwide.

StemoniX Inc. is a biotechnology company that specializes in stem cell technologies aimed at advancing drug discovery and personalized medicine. Founded in 2014 and headquartered in Minneapolis, Minnesota, with an additional office in La Jolla, California, StemoniX offers a proprietary platform that facilitates the creation and scaling of human tissue derived from stem cells. This platform supports the 3-D printing of living cells for various applications, including research into heart disease, dementia, breast cancer, autism, and ALS. By operationalizing human-induced pluripotent stem cell (iPSC) disease models at scale, StemoniX enhances the efficiency of neurotoxicity research and drug screening, enabling scientists to conduct more effective studies with improved outcomes.

Founded in Minneapolis in 2012 by Kian Salehi and Arash Allaei, Bite Squad is a food delivery platform that partners with over 10,000 local restaurants across more than 400 cities nationwide. It employs over 5,000 drivers to deliver fresh food directly to customers' doors quickly and conveniently.

TruBrain is a company focused on developing innovative food and beverage products aimed at enhancing mental performance. By leveraging neurotechnology, TruBrain aims to disrupt the traditional energy drink market with offerings that promote direct focus rather than relying on caffeine for alertness. The company produces brain-stimulating drinks designed to improve attention span, memory, and mental endurance by optimizing brain chemistry and stimulating blood flow to deliver essential oxygen and nutrients. This approach allows consumers to increase their verbal fluency, minimize distractions, and sustain energy levels effectively.

Founded in 2013, Gravie operates a health insurance platform that enables individuals and businesses to compare and select insurance plans both on-exchange and off-exchange. It offers custom benefits planning, financial analysis, year-round support, and a mobile application for convenient access.

Flipgrid, Inc. is a video-based discussion platform that facilitates the recording, sharing, and viewing of short video demonstrations. Founded in 2014 and based in Minneapolis, Minnesota, Flipgrid serves a diverse range of users, including K-12 schools, higher education institutions, businesses, government offices, and community groups. The platform is designed to promote active, social learning and is utilized in over 40,000 classrooms and organizations across 115 countries. Flipgrid also offers applications for iPad, Android, and iPhone, enabling users worldwide to engage in video discussions and enhance communication. In 2018, Flipgrid became a subsidiary of Microsoft Corporation, further expanding its reach and resources.

HomeSpotter, LLC is a Minneapolis-based company that specializes in developing web and mobile applications for the real estate sector. Founded in 2009, it offers platforms that provide real estate information and tools tailored for teams, brokers, and multiple listing services across the United States and Canada. Its mobile applications enhance the search experience for agents using iPhones, iPads, and Android devices, serving over 250,000 agents. HomeSpotter's platform integrates real-time data from MLS listings to facilitate targeted online advertising, allowing agents to create and monitor customized ads on social media. The company's solutions aim to streamline marketing efforts and enhance communication and collaboration among real estate professionals.

Fortus Medical is a provider of innovative medical products and healthcare solutions, focusing on advanced stem cell technology to enhance bone growth and healing processes. Established in 2011 and headquartered in Incline Village, Nevada, the company specializes in harvesting a patient's mesenchymal stem cells (MSCs) and utilizing proprietary methods to eliminate impurities and red blood cells that hinder bone growth. This results in a highly concentrated stem cell solution that is combined with bone graft material, promoting effective repair and regeneration of bone. Fortus Medical's technology is particularly beneficial for spinal surgery patients, facilitating faster and less painful healing.

Celcuity is a clinical-stage biotechnology company that discovers new cancer sub-types and therapeutic options using its proprietary CELsignia diagnostic platform. This platform analyzes living tumor cells to identify specific abnormal cellular processes driving cancer, enabling the development of targeted therapies for patients.

Horizon Oilfield Services specializes in providing comprehensive wastewater disposal and gathering solutions for exploration and production companies as well as trucking companies in the oilfield sector. The company operates fully automated, state-of-the-art wastewater disposal and gathering systems strategically located to meet the needs of its clients. By offering these essential services, Horizon enables its customers to efficiently manage their waste material, allowing them to concentrate on their core oil and gas operations.

HomeSpotter, LLC is a Minneapolis-based company that specializes in developing web and mobile applications for the real estate sector. Founded in 2009, it offers platforms that provide real estate information and tools tailored for teams, brokers, and multiple listing services across the United States and Canada. Its mobile applications enhance the search experience for agents using iPhones, iPads, and Android devices, serving over 250,000 agents. HomeSpotter's platform integrates real-time data from MLS listings to facilitate targeted online advertising, allowing agents to create and monitor customized ads on social media. The company's solutions aim to streamline marketing efforts and enhance communication and collaboration among real estate professionals.

Bnocular is a company that specializes in developing a task management platform tailored for the mobile workforce. This platform integrates software as a service with a mobile application, facilitating the organization of tasks and employee-incentive programs. By focusing on physical retail and consumer brands, Bnocular aims to enhance revenue generation and optimize overall performance for its clients. Through its innovative solutions, the company addresses the specific needs of businesses operating in dynamic environments, ensuring efficient task management and improved employee engagement.

Miromatrix Medical specializes in developing biological human organs and tissue repair products using its proprietary perfusion decellularization/recellularization technology. It offers MIROMESH for soft tissue repair, MIRODERM wound matrices, and is working on implantable organs like livers and kidneys. Its products serve customers worldwide.

Disc Dynamics is a healthcare company. They design and develop medical products. The Company offers surgical alternatives for the treatment of lower back problems and disc diseases. It offers DASCOR Disc arthroplasty system, a catheter-based minimally invasive nucleus replacement technology for the treatment of degenerated lumbar discs. Disc Dynamics was founded by Jeffrey Felt in 2000 and is headquartered in Eden Prairie, Minnesota.

Prolatus licenses software that allows customers to send large graphic files through regular telephone lines. The company targets pre-press, printing and content provider companies as its customers. See complete list.