Dupont

DuPont, founded in 1802 and headquartered in Wilmington, Delaware, provides sustainable solutions across various sectors, including agriculture, electronics, communications, construction, transportation, and apparel. The company offers a diverse range of innovative products and services, emphasizing material science to transform industries. Its Mobility & Materials division specializes in engineering thermoplastics and elastomers tailored for numerous applications, delivering advanced materials solutions that drive innovation across the vehicle sector and beyond. Through its commitment to sustainability and technological advancement, DuPont aims to meet the evolving needs of its customers in a variety of markets.

Avi Avula

Vice President Strategy and Commercial Excellence

22 past transactions

Laird Performance Materials

Acquisition in 2021
Laird Performance Materials specializes in high-performance electromagnetic shielding and thermal management solutions. The company manufactures a wide range of products, including thermal interface materials and electromagnetic components, serving various industries such as automotive, consumer electronics, data centers, medical, and telecommunications. Laird's offerings focus on effectively managing heat and protecting devices from electromagnetic interference, while also addressing the challenge of mitigating disruptive waste energy. Through its comprehensive product line, Laird aims to enhance the performance and reliability of electronic devices.

OxyMem

Acquisition in 2019
OxyMem specializes in wastewater treatment solutions through its innovative Membrane Aerated Biofilm Reactor (MABR) technology. This system addresses the energy-intensive nature of conventional wastewater treatment, which typically consumes 2-3% of a nation's electricity due to reliance on outdated bubble diffusion methods. OxyMem's approach utilizes hollow fibre gas-permeable membranes to deliver oxygen directly to microorganisms, achieving 95% oxygen transfer rates. This results in significant energy savings of up to 75%, reduced sludge production by 50%, and enhanced process resilience. The MABR can either complement existing aeration systems by adding biological capacity or replace legacy systems entirely, providing a sustainable and efficient alternative for wastewater management.

Desalitech

Acquisition in 2019
Desalitech, Inc. specializes in designing, developing, and manufacturing industrial reverse osmosis systems for water purification. The company offers the ReFlex system, applicable in various areas such as pure water supply, boiler feed water, cooling tower makeup, ingredient water, process water, brackish water desalination, and wastewater reuse. It also provides ReFlex Max systems, which address brine concentration, high total dissolved solids (TDS), zero liquid discharge, and seawater desalination. Additionally, Desalitech offers ReFlex Smart, an online monitoring and control software for its systems. The company serves a diverse range of industries, including food and beverage, oil and gas refining, mining, consumer goods, municipal reuse, and power generation, catering to both domestic and international clients. Founded in 2008 by Professor Avi Efraty in Newton, Massachusetts, Desalitech was previously known as Advanced Desalination Technologies and is now a subsidiary of DuPont de Nemours, Inc.

PrecisionHawk

Series D in 2018
PrecisionHawk Inc. is an information delivery company that specializes in providing drones, sensors, and software solutions for various sectors, including agriculture, construction, energy, insurance, and government. Founded in 2010 and headquartered in Raleigh, North Carolina, the company operates additional locations in College Station, Texas; Indianapolis, Indiana; Toronto, Canada; Virginia Beach, Virginia; and Denver, Colorado. PrecisionHawk's offerings encompass unmanned aerial systems, remote sensing technologies, and advanced data analytics, enabling clients to enhance their business operations and decision-making processes. The company also operates a data intelligence platform that integrates multiple data sources, including satellite imagery and drone data, to deliver actionable insights. Additionally, PrecisionHawk owns software tools such as DataMapper and the Low Altitude Traffic and Airspace Safety platform, LATAS, which further support its mission to provide comprehensive solutions for data collection and analysis across various industries.

Provivi

Series B in 2017
Provivi Inc. develops biopesticides for agriculture, commercial, household, and public health pest management. It develops research quantities of carbene/nitrene transferase enzymes that activate diazo and azide compounds to generate iron-carbenoids and iron-nitrenoids through a mode of activation. The company also develops a biocatalysis and fermentation technology, which is based on biocatalysts that enable efficient synthesis of biopesticides. Its technology has applications in industries, such as pharmaceuticals, nutrition, flavors, and fragrances. The company offers its products through distributors worldwide. Provivi Inc. was incorporated in 2012 and is based in Santa Monica, California.

Granular

Acquisition in 2017
Granular is a software and analytics platform that helps farmers operate more efficiently and make better business decisions. It powers the world’s most efficient farms. The company’s cloud software and analytics platform help farmers become more efficient and make better business decisions and is backed by Silicon Valley investors Andreessen Horowitz, Google Ventures, and Khosla Ventures. It was founded in 2014 and headquartered in San Francisco, California.

FMC Health and Nutrition

Acquisition in 2017
FMC's Health & Nutrition business, which generated more than $700 million in revenues in 2016 from two main segments: texturants as food ingredients and pharmaceutical excipients.

Taxon Biosciences

Acquisition in 2015
Taxon Biosciences, Inc. specializes in developing innovative microbial applications for the agriculture, life sciences, and oil and gas sectors. The company focuses on creating microbes that reduce the viscosity and molecular weight of heavy oil, enhance residual oil recovery, and improve the conversion of coal to methane. Additionally, Taxon Biosciences provides specific assays for propane-utilizing microbes and custom microbial solutions for biochemical transformations in subsurface environments associated with oil and gas deposits. Its products serve various applications, including heavy oil upgrading, coal bed methane extraction, enhanced oil recovery, yield optimization, crop protection, and advancements in biotechnology and pharmaceuticals. Founded in 2000, Taxon Biosciences is headquartered in Tiburon, California.

NexSteppe

Series C in 2014
NexSteppe, Inc. is focused on developing and commercializing specialized crops that serve as raw materials for biofuels, biopower, biogas, and biobased products. Established in 2010 and headquartered in Scottsdale, Arizona, the company produces Malibu sweet sorghum and Palo Alto biomass sorghum, which are utilized for energy generation in the United States and Brazil. By employing advanced breeding techniques and analytical technologies, NexSteppe creates tailored feedstocks such as sweet sorghum, high biomass sorghum, and switchgrass, while also enhancing crop management practices and supply chain operations. This comprehensive approach aims to provide scalable, reliable, and cost-effective solutions for the biobased industries, contributing to a more sustainable future for the economy and energy supply.

Solae

Acquisition in 2012
Solae™ soy-based ingredient solutions help create nutritious, great-tasting products with a unique combination of functional, nutritional, economical and sustainable benefits.

Innovalight

Acquisition in 2011
Innovalight, founded by Conrad Burke, specializes in the development of high-efficiency, low-cost solar modules utilizing a unique silicon ink technology. This innovative approach, which has been in development since 2005, allows for the processing of silicon in a liquid form, significantly enhancing the cost and efficiency of solar power generation. Innovalight's focus is on creating ultra-thin film power modules suitable for both residential and commercial applications, contributing to a manufacturing paradigm shift in the solar industry. By emphasizing the use of silicon-based solar cells, the company aims to improve the accessibility and effectiveness of grid-connected solar power solutions.

Danisco A/S

Acquisition in 2011
Danisco A/S produces and sells food ingredients and industrial bioproducts primarily in Europe, North America, Latin America, and the Asia Pacific. The company's Emulsifiers division supplies food emulsifiers; and GRINDSTED SOFT-N-SAFE, a vegetable-based plasticizer for the plastic industry. Its Gums and Systems division offers textural ingredients based on a portfolio of hydrocolloids and functional systems. It produces six types of hydrocolloids that are manufactured from selected natural raw materials, such as seaweed, citrus fruits, locust bean, and guar seeds. This division serves the food, cosmetics, paper, textiles, and pharmaceuticals industries. The company's Sweeteners division supplies specialty sweeteners and related ingredients for use in food, pharmaceuticals, sports nutrition, and oral hygiene products. It offers sweeteners, including xylitol, fructose, and Litesse polydextrose that are used to reduce the risk of lifestyle diseases, such as obesity, diabetes, and tooth decay. Its Cultures division produces cultures and media to the dairy, meat, and health industries. It offers probiotic cultures to stimulate gut health and enhance the immune system in food, dietary supplements, and beverages. This division also supplies natural food protection solutions, such as antioxidants and antimicrobials; and enzymes for cheese production. The company's Genencor division discovers, develops, and manufactures enzymes and bio-based solutions for the animal nutrition, biodefense, biosafety, carbohydrate processing, food and beverages, fuel ethanol, laundry detergents, and textile industries. It produces second generation bioethanol from non-food raw materials. Danisco was founded in 1989 and is headquartered in Copenhagen K, Denmark.

MECS

Acquisition in 2010
MECS is a chemicals company that specializes in the phosphate fertilizer, oil refining, and metal smelting industries. The firm designs and engineers sulfuric acid plants and high-performance products tailored for these sectors. MECS offers a range of mist elimination solutions, including Brink Mist Eliminators and the DynaWave Wet Gas Scrubber, which is applicable in power generation, refining, cement production, and sulfuric acid production. Additionally, the company provides OCAP air pre-heaters for heat exchange applications. Their comprehensive services encompass process design, detailed engineering, procurement, construction, project management, start-up support, operator training, and ongoing technical assistance.

Coastal Training Technologies

Acquisition in 2008
Coastal is a dynamic and creative company.

Actelis Networks

Series D in 2005
Actelis Networks is the leading provider of high performance, scalable broadband over copper solutions to Telco, Mobile, and IoT networks. Actelis turns copper into a strategic asset that enables delivering reliable, high-speed Ethernet services and broadband access to more places and devices more quickly, easily, and cost-effectively than can be done by using fiber optics or microwave. The company was founded in 1998 and headquartered in Fremont, California.

PsiloQuest

Series B in 2004
PsiloQuest develops and commercializes CMP polishing pads for the semiconductor industry.

Redpoint Bio

Series A in 2003
Redpoint Bio is following a strategy focused on preserving the value of the License and Commercialization Agreement it entered into with International Flavors and Fragrances, Inc. (IFF), a global leader in the food and beverage industry. As part of this strategy, the Company continues its efforts to reduce its liabilities and sell its remaining assets. Given its lack of resources, the Company is not currently performing any research and development activities.

Alien Technology

Venture Round in 2000
Alien Technology Corporation specializes in the manufacture and supply of radio frequency identification (RFID) products and services, particularly focusing on ultra-high frequency (UHF) solutions. Established in 1994 and headquartered in San Jose, California, the company produces a range of UHF passive RFID components, including transceiver chips, tags, antennas, inlays, and readers, utilizing a patented Fluidic Self Assembly (FSA) process for efficient production. Alien Technology's offerings extend to professional services such as item tagging, technical consulting, project management, and system configuration, supporting various industries including retail, logistics, healthcare, and manufacturing. The company operates internationally, with additional offices in regions such as China, Europe, and Australia, and maintains a solutions center in Dayton, Ohio. Alien Technology is recognized for its commitment to reliable and cost-effective RFID solutions that enhance supply chain management, inventory control, and anti-counterfeiting efforts across diverse applications.

Industria Solutions

Venture Round in 2000
Industria Solutions Inc. is a new business-to-business e-commerce company.

Combichem

Acquisition in 1999
CombiChem, Inc is a computational drug discovery company that is applying its proprietary design technology and rapid synthesis capabilities to accelerate the discovery process for new drugs. The Company believes its approach offers pharmaceutical and biotechnology companies the opportunity to conduct their drug discovery efforts in a more productive and cost-effective manner. Using its proprietary Discovery Engine(TM) process, the Company focuses on the generation, evolution and optimization of potential new lead candidates for its collaborative partners, who will then develop, manufacture, market and sell any resulting drugs.

Pharmasset

Series A in 1998
Pharmasset Inc is a clinical-stage pharmaceutical company focused on discovering, developing, and commercializing innovative drugs for viral infections. The company specializes in oral therapeutics targeting hepatitis B (HBV), hepatitis C (HCV), and human immunodeficiency virus (HIV). Its research centers on nucleoside analogs, which inhibit enzymes essential for viral replication. Pharmasset is advancing three product candidates: Clevudine, aimed at HBV, which is expected to enter Phase 3 clinical trials; R7128, a pro-drug for HCV currently in Phase 1 trials; and Racivir, an investigational treatment for HIV in Phase 2 trials. Through these efforts, Pharmasset seeks to provide effective treatment options for patients suffering from these viral infections.

Conoco

Acquisition in 1981
The origin and heritage of the Conoco brand can be traced back to 1875, when Isaac E. Blake founded the Continental Oil Company in Ogden, Utah to provide petroleum products for Western pioneers. Today, the Conoco brand is owned by Phillips 66 Company® and Conoco quality gasolines are sold at more than 2,400 retail fuel sites in the United States.
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