Coal Hill Ventures

The Coal Hill name comes from the original name for Mount Washington, an iconic Pittsburgh landmark that helped power both the city and the birth of the international steel industry. Another globally-reaching opportunity is taking root in the city right now, where its density of talent in Advanced Robotics can catalyze an even greater transformation of the global economy than steel. Our organization spun out of Carnegie Mellon's world- renowned robotics lab for the purpose of accelerating this robotics revolution with the needed mix of advising and investing. This starts with our Robotics Hub Venture Funds, launched in late 2015, and includes all of the intellectual and infrastructure support needed to overcome the challenges of the forming Advanced Robotics industry.

Christopher Moehle Ph.D

Managing Director

4 past transactions

TravelWits

Convertible Note in 2018
TravelWits LLC is an online platform based in Pittsburgh, Pennsylvania, that facilitates the search for multi-mode travel deals for both business and leisure travelers. Founded in 2013, the company aims to provide users with cost-effective and convenient travel options by utilizing artificial intelligence to create optimized door-to-door itineraries. This technology not only helps travelers find suitable accommodations and transportation within their budget but also assists companies in managing travel policies and incentivizing employees. The founding team consists of experts in real-time cost optimization and web development, bringing over 30 years of combined experience to the venture. TravelWits is advised by a seasoned professional from one of the largest travel management companies, enhancing its industry expertise.

Agility Robotics

Series A in 2018
Agility Robotic's legged locomotion expertise is built on a history of academic research, including the bipedal walking and running robot ATRIAS. Agility Robotics is leveraging this work to create products that address the real world needs of rugged, efficient, and highly capable mobility platforms.

Ariel Precision Medicine

Convertible Note in 2017
Ariel Precision Medicine is a healthcare company that creates innovative solutions to simplify the personalized treatment of complex disease. It offers clinical decision support tools for the emergency department and the clinic. The company was founded in 2015 and headquartered in Pennsylvania, United States.

TravelWits

Seed Round in 2016
TravelWits LLC is an online platform based in Pittsburgh, Pennsylvania, that facilitates the search for multi-mode travel deals for both business and leisure travelers. Founded in 2013, the company aims to provide users with cost-effective and convenient travel options by utilizing artificial intelligence to create optimized door-to-door itineraries. This technology not only helps travelers find suitable accommodations and transportation within their budget but also assists companies in managing travel policies and incentivizing employees. The founding team consists of experts in real-time cost optimization and web development, bringing over 30 years of combined experience to the venture. TravelWits is advised by a seasoned professional from one of the largest travel management companies, enhancing its industry expertise.
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