Hemisphere Ventures

Hemisphere Ventures is a venture capital firm established in 2014, with headquarters in McKinney, Texas. The firm specializes in investing in early-stage companies across various sectors, including synthetic biology, robotics, drones, and space technology. Hemisphere Ventures aims to identify opportunities that can achieve significant scale and generate early revenue, focusing on innovative solutions within these industries.

Lisa Rich

Co-Founder

Jeff Rich

Co-Founder and Managing Partner

Edward Whittemore II

Venture Partner

15 past transactions

mPower Technology

Series B in 2022
mPower Technology, Inc. is a manufacturer of interconnected meshes of miniature solar cells, founded in 2014 and headquartered in Albuquerque, New Mexico. The company specializes in developing semiconductor active miniature solar cells tailored for the space, terrestrial, and Internet of Things (IoT) industries. By utilizing advanced materials and processes from the silicon photovoltaic and microelectronics sectors, mPower Technology provides a flexible solar solution that overcomes the limitations of traditional silicon and gallium arsenide solar cells. This innovation allows clients to enhance the performance and longevity of solar cells even in challenging environments, such as those encountered in space, where on-orbit radiation recovery is critical. The company's experienced team aims to advance solar power technology on a global scale.

Axiom Space

Series B in 2020
Axiom Space, Inc., founded in 2016 and based in Houston, Texas, is focused on developing and operating commercial space station modules that connect to the International Space Station (ISS). The company offers human spaceflight services for government astronauts, tourists, private companies, and individuals, facilitating research, manufacturing, and testing of space exploration systems. Axiom's platform in Low Earth Orbit supports the advancement of exploration-enabling technologies and in-space manufacturing, creating opportunities for various industries and educational institutions. In addition to its commercial endeavors, Axiom conducts crewed missions to the ISS, enabling broader access to space initiatives and fostering future human space exploration. The company is supported by a group of investors, including venture capital firms and educational institutions.

Oobli

Series A in 2020
Derived from exotic plants, protein sweeteners are rare compounds that provide an amazing taste without the calories.

Axiom Space

Series A in 2019
Axiom Space, Inc., founded in 2016 and based in Houston, Texas, is focused on developing and operating commercial space station modules that connect to the International Space Station (ISS). The company offers human spaceflight services for government astronauts, tourists, private companies, and individuals, facilitating research, manufacturing, and testing of space exploration systems. Axiom's platform in Low Earth Orbit supports the advancement of exploration-enabling technologies and in-space manufacturing, creating opportunities for various industries and educational institutions. In addition to its commercial endeavors, Axiom conducts crewed missions to the ISS, enabling broader access to space initiatives and fostering future human space exploration. The company is supported by a group of investors, including venture capital firms and educational institutions.

New Age Meats

Seed Round in 2019
New Age Meats is a biotechnology company based in San Francisco, California, founded in 2017. The company specializes in producing cultivated meat using an automated, data-driven platform and advanced stem cell technology. By growing meat from animal cells rather than relying on traditional animal slaughter, New Age Meats aims to create healthier and more sustainable meat alternatives.

PlanetiQ

Series B in 2019
PlanetiQ LLC, established in 2012 and headquartered in Bethesda, Maryland, is dedicated to launching satellites that enhance weather forecasting, climate monitoring, and space weather prediction. As the demand for global atmospheric data increases due to rising natural disaster costs and the impacts of climate change, traditional government-funded satellite programs struggle to meet these needs. Aging spacecraft and budget constraints contribute to significant data gaps that hinder accurate monitoring and forecasting of daily weather events, hurricanes, floods, droughts, and long-term climate trends. By addressing these challenges, PlanetiQ aims to provide timely and precise atmospheric data to improve weather and climate models, ultimately benefiting public safety and environmental management.

Clara Foods Co.

Series B in 2019
Clara Foods Co. specializes in producing animal-free proteins and ingredients for the food and beverage industry. Founded in 2014 and based in South San Francisco, California, the company utilizes advanced fermentation techniques to create functional and nutritional proteins derived from microorganisms. This innovative approach allows Clara Foods to offer a sustainable alternative to traditional animal agriculture, focusing on products such as baking ingredients, nutritional supplements, and egg white substitutes that are free from pathogens and salmonella. Their egg white products are particularly suited for baking applications, including cakes, meringues, and macarons. Clara Foods aims to transform the food industry by providing healthier and more humane protein sources.

Umbra

Seed Round in 2019
Umbra Lab Inc. is a company focused on developing a constellation of space-based radar microsatellites equipped with synthetic aperture radar (SAR) technology. Founded in 2015 and based in Santa Barbara, California, Umbra aims to provide all-weather, day-and-night imagery with sub-meter resolution. The company offers its services to both commercial and government clients through an integrated web platform that facilitates the delivery of various data formats, including compensated phase history data and GeoTIFF. Image processing capabilities enhance the utility of the imagery provided, ensuring that customers receive high-quality analytical solutions for defense and intelligence purposes.

Elroy Air

Seed Round in 2019
Elroy Air, Inc. is an aerospace and logistics company based in San Francisco, California, founded in 2016. The company develops autonomous aircraft systems capable of delivering goods, focusing on logistics, robotics, and air transportation. Its innovative aerial cargo delivery system features rotor-based vertical takeoff and landing (VTOL) capabilities, transitioning to wing-based cruise flight for long-range operations. Elroy Air's delivery drones are designed to transport heavy cargo over long distances, making them suitable for commercial, humanitarian, and military applications. The aircraft can efficiently serve remote areas with challenging infrastructure, providing rapid humanitarian aid and resupply for military operations while minimizing costs and environmental impacts compared to traditional aircraft. This technology enables businesses to enhance their express delivery options, particularly in the middle mile of the logistics chain.

Axiom Space

Series A in 2018
Axiom Space, Inc., founded in 2016 and based in Houston, Texas, is focused on developing and operating commercial space station modules that connect to the International Space Station (ISS). The company offers human spaceflight services for government astronauts, tourists, private companies, and individuals, facilitating research, manufacturing, and testing of space exploration systems. Axiom's platform in Low Earth Orbit supports the advancement of exploration-enabling technologies and in-space manufacturing, creating opportunities for various industries and educational institutions. In addition to its commercial endeavors, Axiom conducts crewed missions to the ISS, enabling broader access to space initiatives and fostering future human space exploration. The company is supported by a group of investors, including venture capital firms and educational institutions.

Finless Foods

Seed Round in 2018
Finless Foods Inc. is a biotechnology company based in Emeryville, California, focused on producing sustainable seafood alternatives through cellular agriculture technologies. Founded in 2017, the company specializes in growing marine-animal cells to create seafood products, including bluefin tuna. Finless Foods aims to provide a healthier and environmentally friendly alternative to traditionally caught and farmed seafood, offering consumers a cost-effective option that does not compromise on taste or dietary preferences. The company's mission is to develop and mass manufacture innovative marine animal food products that promote sustainability and accessibility in the seafood market.

LunaDNA

Venture Round in 2018
LunaDNA is a community-owned platform that facilitates the sharing of health and DNA data for medical research. Founded by the creators of Illumina, a leader in DNA sequencing, LunaDNA addresses the issue of siloed genomic data by providing individuals with a compelling incentive to share their health information. Participants are rewarded with shares in the database, allowing them to benefit from the profits generated by medical research and discoveries. This model not only empowers users to contribute their health records, genomic data, and personal health experiences but also fosters a sense of community ownership. As researchers pay to access the data for their studies, the proceeds are distributed back to the community, akin to dividends. By prioritizing privacy and trust, LunaDNA aims to increase participation in genomic research while facilitating advancements in healthcare that can ultimately save lives.

Umbra

Pre Seed Round in 2018
Umbra Lab Inc. is a company focused on developing a constellation of space-based radar microsatellites equipped with synthetic aperture radar (SAR) technology. Founded in 2015 and based in Santa Barbara, California, Umbra aims to provide all-weather, day-and-night imagery with sub-meter resolution. The company offers its services to both commercial and government clients through an integrated web platform that facilitates the delivery of various data formats, including compensated phase history data and GeoTIFF. Image processing capabilities enhance the utility of the imagery provided, ensuring that customers receive high-quality analytical solutions for defense and intelligence purposes.

EIO Diagnostics

Convertible Note in 2018
EIO Diagnostics Inc. is a Canadian company that focuses on developing innovative solutions for dairy farmers, specifically targeting the early detection of mastitis infections in dairy animals. Founded in 2017 and headquartered in Duncan, Vancouver, the company has created the FirstLook Mastitis detection system, which employs a multispectral sensor to capture images of the udder as animals enter the milk parlor. This technology utilizes artificial intelligence and computer vision to identify early indicators of infection, enabling farmers to take preventive measures. By automating the mastitis detection process, EIO Diagnostics aims to enhance livestock health, improve milk quality, and reduce the labor and costs associated with managing udder infections.

Vector Launch

Series A in 2017
Vector was founded by several members of the original SpaceX team and is a disruptive innovator that connects space startups with affordable and frequent launch and platforms to enable space capabilities at a speed and price point never before possible. Vector has a big vision to reshape the 400 billion dollar space market by combining dedicated low-cost micro satellite launch and software defined satellites (Galactic Sky) to dramatically increase access and speed to orbit.
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