yet2Ventures

Founded in 2010, yet2Ventures is a venture capital firm based in Wilmington, Delaware, affiliated with yet2.com, a leading open-innovation marketplace. The firm specializes in acquiring direct venture capital investments from corporate venture groups, financial sponsors, and individual investors looking for liquidity, while also engaging in a limited number of primary investments annually. yet2Ventures focuses on a diverse range of sectors, including healthcare devices and supplies, enterprise software, consumer electronics, clean technology, and materials and specialty chemicals. The firm has established offices in several locations, including Boston, Tokyo, Liverpool, and New York, to enhance its investment reach and effectiveness.

Phil Stern

Managing Director

14 past transactions

Mobeam

Series B in 2015
Mobeam, Inc. develops innovative software solutions that enable mobile phones to communicate with existing point-of-sale (POS) retail technology using patented light-based communication methods. The company's technology allows barcodes to be transmitted as a beam of light, which can be recognized by standard laser scanners without requiring modifications to retailer POS systems. Mobeam offers several products, including a Barcode Beaming SDK for mobile applications, the Beep'nGo app for managing loyalty and gift cards, and OmniBeam, which helps users discover and manage coupons and membership cards. The company caters to mobile handset manufacturers, retailers, brand marketers, and issuers of payment and gift cards. Founded in 2010 and headquartered in Palo Alto, California, Mobeam has established strategic partnerships with notable companies to enhance its offerings in mobile commerce.

GigSky

Series B in 2015
GigSky is a provider of global mobile data connectivity services that aims to simplify mobile internet access for travelers and businesses. Utilizing eSIM technology, the company offers a solution that allows users to connect to local prepaid data services at affordable rates when visiting different countries. This service is particularly beneficial for individuals and enterprises with a mobile workforce, as it mitigates the high costs associated with traditional data roaming. Additionally, GigSky provides cloud-based management tools and applications, enabling users to efficiently manage their mobile data services across multiple devices, including smartphones, laptops, and tablets. By addressing the challenges of global connectivity, GigSky positions itself as a key player in the evolving landscape of mobile data technology.

GigSky

Convertible Note in 2015
GigSky is a provider of global mobile data connectivity services that aims to simplify mobile internet access for travelers and businesses. Utilizing eSIM technology, the company offers a solution that allows users to connect to local prepaid data services at affordable rates when visiting different countries. This service is particularly beneficial for individuals and enterprises with a mobile workforce, as it mitigates the high costs associated with traditional data roaming. Additionally, GigSky provides cloud-based management tools and applications, enabling users to efficiently manage their mobile data services across multiple devices, including smartphones, laptops, and tablets. By addressing the challenges of global connectivity, GigSky positions itself as a key player in the evolving landscape of mobile data technology.

GigSky

Series A in 2015
GigSky is a provider of global mobile data connectivity services that aims to simplify mobile internet access for travelers and businesses. Utilizing eSIM technology, the company offers a solution that allows users to connect to local prepaid data services at affordable rates when visiting different countries. This service is particularly beneficial for individuals and enterprises with a mobile workforce, as it mitigates the high costs associated with traditional data roaming. Additionally, GigSky provides cloud-based management tools and applications, enabling users to efficiently manage their mobile data services across multiple devices, including smartphones, laptops, and tablets. By addressing the challenges of global connectivity, GigSky positions itself as a key player in the evolving landscape of mobile data technology.

Argos Therapeutics

Series E in 2013
Argos Therapeutics, Inc. was a biotechnology company based in Durham, North Carolina, focused on developing individualized immunotherapies for cancer, infectious diseases, and autoimmune disorders. Utilizing its proprietary Arcelis technology platform, the company aimed to create personalized treatments, including rocapuldencel-T, which was undergoing Phase III clinical trials for metastatic renal cell carcinoma, and AGS-004, in Phase II trials for human immunodeficiency virus. Argos also explored therapies for transplant rejection and autoimmune diseases, with products in various stages of development targeting conditions such as lupus and other inflammatory disorders. Founded in 1997, the company was previously known as Merix Bioscience, Inc. However, Argos Therapeutics ceased operations and filed for Chapter 7 bankruptcy on September 24, 2019.

OpenX

Series E in 2013
OpenX Limited, based in Pasadena, California, specializes in digital advertising technology that assists businesses in managing ad revenue. Through its subsidiary, the company operates one of the largest and highest quality ad exchanges, enabling brands to deliver relevant advertising at a global scale. OpenX's technology aggregates and analyzes consumer interests in real time, ensuring that marketers effectively reach their target audiences. The platform supports over 30,000 recognized brands, 1,200 websites, and 2,000 premium mobile apps, providing insights into audience dynamics and facilitating efficient ad planning and purchasing across multiple screens. Additionally, OpenX offers an open-source ad server solution that allows publishers to access various ad networks, thereby reducing reliance on specific services like Google AdSense.

GigSky

Seed Round in 2012
GigSky is a provider of global mobile data connectivity services that aims to simplify mobile internet access for travelers and businesses. Utilizing eSIM technology, the company offers a solution that allows users to connect to local prepaid data services at affordable rates when visiting different countries. This service is particularly beneficial for individuals and enterprises with a mobile workforce, as it mitigates the high costs associated with traditional data roaming. Additionally, GigSky provides cloud-based management tools and applications, enabling users to efficiently manage their mobile data services across multiple devices, including smartphones, laptops, and tablets. By addressing the challenges of global connectivity, GigSky positions itself as a key player in the evolving landscape of mobile data technology.

Vorbeck

Series C in 2011
Vorbeck Materials Corp. is a technology and manufacturing company specializing in the research, design, development, and production of graphene and graphene-based products. Based in Jessup, Maryland, the company was founded in 2006 and has since pioneered commercial applications for graphene. Vorbeck manufactures Vor-ink, a graphene-based conductive ink tailored for the printed electronics market, and Vor-x, a proprietary graphene material that enhances the performance of elastomers and plastic composites, as well as high-performance fibers, anti-corrosive coatings, and batteries. Vor-x products address industrial challenges by improving strength, conductivity, and environmental resistance in materials, thereby creating new design possibilities. Vorbeck's expertise extends to applications in antennas, RFIDs, wearables, and next-generation battery development. The company holds an exclusive license for patented graphene technology developed at Princeton University, where its founders conducted pioneering research that enables large-scale graphene production. In 2009, Vorbeck launched Vor-ink, marking the introduction of the world’s first commercial graphene-based product.

GigSky

Convertible Note in 2011
GigSky is a provider of global mobile data connectivity services that aims to simplify mobile internet access for travelers and businesses. Utilizing eSIM technology, the company offers a solution that allows users to connect to local prepaid data services at affordable rates when visiting different countries. This service is particularly beneficial for individuals and enterprises with a mobile workforce, as it mitigates the high costs associated with traditional data roaming. Additionally, GigSky provides cloud-based management tools and applications, enabling users to efficiently manage their mobile data services across multiple devices, including smartphones, laptops, and tablets. By addressing the challenges of global connectivity, GigSky positions itself as a key player in the evolving landscape of mobile data technology.

Mobeam

Series A in 2011
Mobeam, Inc. develops innovative software solutions that enable mobile phones to communicate with existing point-of-sale (POS) retail technology using patented light-based communication methods. The company's technology allows barcodes to be transmitted as a beam of light, which can be recognized by standard laser scanners without requiring modifications to retailer POS systems. Mobeam offers several products, including a Barcode Beaming SDK for mobile applications, the Beep'nGo app for managing loyalty and gift cards, and OmniBeam, which helps users discover and manage coupons and membership cards. The company caters to mobile handset manufacturers, retailers, brand marketers, and issuers of payment and gift cards. Founded in 2010 and headquartered in Palo Alto, California, Mobeam has established strategic partnerships with notable companies to enhance its offerings in mobile commerce.

RF Code

Series D in 2011
RF Code is a leading provider of active IT asset management and environmental monitoring solutions as well as a leader in providing technology used by third parties to enhance their solutions. The company's unique active RFID-based solutions provide IT professionals with a more efficient, cost-effective approach to managing IT assets and keeping technology environments in an optimal state. RF Code's fully automated, wire-free solutions significantly reduce costs, eliminate manual labor, and deliver an immediate return on investment.

GCT Semiconductor

Series F in 2011
GCT Semiconductor, Inc. is a fabless semiconductor company that specializes in designing and marketing integrated circuits for the wireless communications industry. The company offers advanced system-on-chip solutions that combine radio frequency, baseband modem, and digital signal processing capabilities on a single die, catering primarily to the 4G Long-Term Evolution and Worldwide Interoperability for Microwave Access markets. GCT's products, which include CMOS RF transceivers and solutions for 3G and 4G mobile devices, are utilized in smartphones, wireless routers, and other communication equipment. The company serves original equipment manufacturers and original design manufacturers, primarily in the United States, Korea, China, Japan, and Taiwan. Additionally, GCT has formed strategic collaborations, including an agreement with Anapass to develop mobile application processors for smartphones. Founded in 1998 and headquartered in San Jose, California, GCT Semiconductor continues to focus on providing high-performance, cost-effective semiconductor solutions with low power consumption and compact designs.

Analogix

Series B in 2009
Analogix Semiconductor, Inc. specializes in designing and manufacturing high-performance analog and mixed-signal semiconductor devices tailored for the digital multimedia and communications sectors. The company offers a range of products, including SlimPort solutions, timing controllers, mobile display converters, accessory display converter chips, and display controllers, which facilitate the delivery of high-resolution video, audio, and data across various portable devices such as smartphones, tablets, and laptops. Notably, its SlimPort ANX7688 enables 4K video output, supporting advanced resolutions from mobile devices. Founded in 2002 and headquartered in Santa Clara, California, Analogix also maintains offices in Beijing, Shenzhen, Taiwan, South Korea, and Japan, positioning itself as a significant player in the digital media market, particularly in DisplayPort and HDMI technology solutions.
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