LiteCap

LiteCap is a private equity firm established in 2014 and located in Los Gatos, California. The firm focuses on discovering, funding, and supporting the growth of next-generation companies that are poised to make a significant impact across various industries. LiteCap specializes in growth-stage investments, primarily through buyouts, with a keen interest in the healthcare, information technology, and life sciences sectors. The team at LiteCap boasts a strong track record of success, drawing on extensive experience in Silicon Valley, Europe, and Asia. They prioritize investing in leaders who demonstrate passion, vision, conviction, and a customer-centric approach, recognizing that building successful businesses requires a strategic blend of these qualities.

Richard Sanquini

Partner

6 past transactions

AutoModality

Venture Round in 2019
AutoModality Inc. specializes in developing flight control software for unmanned aerial vehicles (UAVs) that allows these systems to operate autonomously in GPS-denied environments. Founded in 2014 and based in Syracuse, New York, the company focuses on providing technology for automated close-up inspections, particularly in the agriculture and infrastructure sectors. AutoModality's software enables drones to navigate challenging locations, such as bridges, culverts, and cell towers, while delivering live streaming data to users, facilitating detailed inspections comparable to those conducted by human operators. The company also manufactures drone platforms that utilize off-the-shelf components, enhancing their inspection capabilities.

Kuprion

Series A in 2019
Kuprion Inc. is a manufacturer and licensor of nano copper inks and pastes, primarily used in printable electronics and integrated circuit chips. Founded in 2016 and based in Palo Alto, California, the company specializes in its NSA-16 nano copper solder adhesive, which is designed for applications across various sectors, including aerospace, automotive, consumer electronics, and healthcare. Kuprion's technology, which emerged from research at Lockheed Martin, offers superior electrical and thermal conductivity compared to traditional solder, making it suitable for high-performance and high-reliability applications in smaller and more powerful electronic devices. The company also provides assembly, packaging, and consulting services, and has secured numerous patents and significant interest from major commercial clients. With manufacturing capabilities in San Jose, California, Kuprion aims to revolutionize the market for advanced electronics by offering a reliable, RoHS-compliant alternative to conventional materials.

Cylindo

Angel Round in 2019
Cylindo ApS specializes in visualization software tailored for the global furniture retail and manufacturing sector. Established in 2009 and headquartered in Copenhagen, Denmark, with additional offices in Macedonia and Boston, the company offers a suite of tools designed to enhance online shopping experiences. Its flagship products include the 360 HD Furniture Viewer, which allows users to view furniture from all angles, the Furniture Builder for creating and visualizing custom 3D products, and the Room Planner that lets customers see how various items fit together in a virtual space. By providing these advanced visualization solutions, Cylindo helps retailers reduce return rates and boost conversion rates, serving over 1,500 stores, including notable Fortune 500 companies, within the $430 billion furniture industry.

Spektral

Series A in 2017
Spektral, formerly known as CloudCutout, is a visual effects company based in Copenhagen, Denmark, specializing in automated image and video editing. Founded in 2014 by Henrik Paltoft and Toke Jansen, the company leverages machine learning to develop software that efficiently removes backgrounds from images, optimizing them for various applications. Henrik Paltoft, with two decades of experience in the graphical industry, and Toke Jansen, a distinguished student in machine learning, collaborated to create an algorithm that automates the process of transforming original images into precise cutouts. This technology is particularly beneficial for businesses seeking high-quality image optimization, as it streamlines the creation of product images and portraits by recognizing patterns for accurate cutouts.

Bell Biosystems

Series A in 2015
Bell Biosystems, Inc. is a biotechnology company based in Berkeley, California, focused on advancing synthetic biology and cell therapies. It specializes in developing Magnelle, a synthetic organelle that produces magnetic nanoparticles from intracellular iron. This innovative technology allows for the tracking, control, and destruction of transplanted cells in vivo, making it applicable in regenerative medicine, oncology, and various cell-based applications. By integrating expertise in stem cell research, cell biology, and biomedical imaging, Bell Biosystems aims to create tools that enhance the delivery and tracking of cellular therapies, thereby accelerating the progress from laboratory research to clinical application. Founded in 2009, the company is dedicated to improving the efficacy of cell therapies through its advanced biotechnological solutions.

Cylindo

Seed Round in 2015
Cylindo ApS specializes in visualization software tailored for the global furniture retail and manufacturing sector. Established in 2009 and headquartered in Copenhagen, Denmark, with additional offices in Macedonia and Boston, the company offers a suite of tools designed to enhance online shopping experiences. Its flagship products include the 360 HD Furniture Viewer, which allows users to view furniture from all angles, the Furniture Builder for creating and visualizing custom 3D products, and the Room Planner that lets customers see how various items fit together in a virtual space. By providing these advanced visualization solutions, Cylindo helps retailers reduce return rates and boost conversion rates, serving over 1,500 stores, including notable Fortune 500 companies, within the $430 billion furniture industry.
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