Capricorn Investment Group

Capricorn Investment Group LLC is a principal investment firm founded in 2001 and headquartered in Palo Alto, California, with additional offices in New York and London. The firm specializes in impact investing, managing assets for clients such as foundations, endowments, and high-net-worth individuals. Capricorn seeks to generate profitable returns while promoting sustainable positive change, focusing on environmental, health, and social impacts. Its investment strategy encompasses public equity, fixed income, private equity, and real assets on a global scale. Additionally, Capricorn invests in deep technology companies that are dedicated to climate solutions, as well as in established managers addressing opportunities in sustainable investments.

Michaela Edwards

Partner and Member of Investment Committee

William Orum

Partner and Member of Investment Committee

77 past transactions

Twelve

Series B in 2022
Twelve, formerly known as Opus 12, is a Berkeley, California-based company that specializes in recycling carbon dioxide emissions into valuable chemicals and fuels. Founded in 2015, the company has developed innovative technology that can be integrated with any source of CO₂ emissions. By utilizing only water and electricity as inputs, Twelve transforms captured carbon dioxide into essential products such as methane, ethylene, and ethanol. The firm aims to provide a cost-competitive alternative to petroleum-derived chemicals and fuels, thereby addressing carbon emissions while simultaneously creating economically viable solutions.

Eridan

Series B in 2022
Eridan Communications, Inc. is a technology company based in Santa Clara, California, specializing in the development of advanced communication devices and firmware for 5G and future networks. Founded in 2013, the company has created a digital sampling radio that operates across 4G, 5G, and beyond. Its innovative transceiver architecture generates all sub-6GHz cellular signals at full transmit power, which significantly reduces the need for traditional linear power amplifiers. This approach not only enhances energy efficiency, consuming 5 to 10 times less power for data transmission, but also allows for versatile operation across various cellular frequencies and signal types. Eridan's technology aims to provide a more effective and efficient path to 5G by enabling single radio capabilities that can work in conjunction to extend bandwidth and power.

Summit Nanotech

Series A in 2022
Summit Nanotech Corporation is a business-to-business company based in Calgary, Canada, founded in 2018. It specializes in nanotechnology to develop innovative solutions for lithium extraction, aiming to optimize operations for lithium producers while minimizing environmental impact. The company's patented extraction technology is designed to deliver economically competitive, battery-grade lithium, addressing the industry's demand for sustainable practices. By focusing on modular commercial systems, Summit Nanotech seeks to upscale and commercialize its advanced concepts in lithium extraction, positioning itself as a leader in the energy development sector.

Erthos

Series B in 2022
Erthos is a company focused on transforming the utility-scale solar industry through its innovative solar power deployment platform. By utilizing advanced earth-mount solar photovoltaic technology, Erthos offers a cost-effective system architecture that minimizes adoption risk and enhances the bankability of solar projects. This approach enables customers to significantly reduce energy costs while also promoting sustainability. The company's solutions are built upon proven photovoltaic module and inverter products, ensuring reliability and efficiency in the deployment of solar energy systems.

Seurat Technologies

Series B in 2022
Seurat Technologies, Inc. is a company that specializes in advanced printing services. Founded in 2015, it is headquartered in Mountain View, California, and also has significant operations in Wilmington, Massachusetts. The company focuses on innovative approaches to printing technology, aiming to enhance efficiency and quality in the production process.

Halio

Series D in 2021
Kinestral Technologies, Inc. specializes in manufacturing smart-tinting glass, branded as Halio, for both commercial and residential applications. Halio glass can transition from clear to tinted or dark, either automatically or on command, enhancing architectural design by providing versatile solutions for windows, walls, and skylights. This technology offers significant advantages over traditional electrochromic glass, including faster tinting, uniform coloration, and a natural appearance. Kinestral also provides a range of supporting products, such as the Halio Tint Selector, which allows localized control of window tinting, and Halio Cloud, an interface for integrating window operations with building automation systems. Founded in 2010 and headquartered in Hayward, California, Kinestral has established a strategic partnership with Asahi Glass Co., Ltd. Its advanced manufacturing techniques ensure reliable production and timely delivery for projects worldwide, ultimately aiming to improve energy efficiency and comfort in indoor environments.

Helion

Series E in 2021
Helion Energy, Inc. is focused on developing advanced power generation solutions, specifically through its patented Fusion Engine technology. Established in 2013 and based in Redmond, Washington, the company aims to provide a low-cost and near-term approach to clean energy generation. The Fusion Engine utilizes magneto-inertial fusion, a process that allows for the production of zero-carbon electricity. Recent breakthroughs in their reactor technology, which builds upon award-winning and peer-reviewed research, position Helion to deliver safe and clean fusion energy. By creating fusion generators that can effectively address the growing global energy demands, Helion Energy contributes to the pursuit of environmentally sustainable energy solutions.

Saildrone

Series C in 2021
Saildrone, Inc. specializes in the design and manufacture of autonomous sailing drones powered by wind and solar energy, enabling efficient and cost-effective ocean data collection. Founded in 2012 and based in Alameda, California, the company operates a fleet of these drones to gather live ocean data for various applications, including weather forecasting, oceanography, climate research, fish stock analysis, and environmental monitoring. By providing comprehensive data, Saildrone supports governments and private entities in addressing ecological challenges and enhancing understanding of planetary systems. The company aims to build the world's largest high-resolution ocean datasets, contributing to improved insights in areas such as climate change and carbon cycling.

Saildrone

Series C in 2021
Saildrone, Inc. specializes in the design and manufacture of autonomous sailing drones powered by wind and solar energy, enabling efficient and cost-effective ocean data collection. Founded in 2012 and based in Alameda, California, the company operates a fleet of these drones to gather live ocean data for various applications, including weather forecasting, oceanography, climate research, fish stock analysis, and environmental monitoring. By providing comprehensive data, Saildrone supports governments and private entities in addressing ecological challenges and enhancing understanding of planetary systems. The company aims to build the world's largest high-resolution ocean datasets, contributing to improved insights in areas such as climate change and carbon cycling.

Redwood Materials

Series C in 2021
Redwood Materials, Inc. is a recycling and materials processing company based in Carson City, Nevada, founded in 2017. The company specializes in developing sustainable methods for recycling various metals and materials, particularly from batteries and electronics, to support circular supply chains. Its focus includes lithium, nickel, copper, gold, silver, cobalt, and other critical elements used in electric vehicles, renewable energy storage, and consumer electronics. By providing environmentally sound recycling solutions, Redwood Materials aims to address the increasing demand for battery end-of-life management as the number of electric vehicles rises globally. The company's innovative technology not only recycles waste but also generates essential raw materials, enabling manufacturers to create sustainable products and significantly contributing to the transition towards a circular economy.

Twelve

Series A in 2021
Twelve, formerly known as Opus 12, is a Berkeley, California-based company that specializes in recycling carbon dioxide emissions into valuable chemicals and fuels. Founded in 2015, the company has developed innovative technology that can be integrated with any source of CO₂ emissions. By utilizing only water and electricity as inputs, Twelve transforms captured carbon dioxide into essential products such as methane, ethylene, and ethanol. The firm aims to provide a cost-competitive alternative to petroleum-derived chemicals and fuels, thereby addressing carbon emissions while simultaneously creating economically viable solutions.

Electric Hydrogen

Series A in 2021
Developer of an advanced PEM technology designed to build low-cost, high-efficiency, fossil-free hydrogen systems. The company's low-cost renewable electricity produces clean hydrogen gas for the decarbonization of pollution from industries and eases the dependency on fossil fuels, providing clients with cost-effectively decarbonized gas and reducing massive industrial waste.

Seurat Technologies

Series B in 2021
Seurat Technologies, Inc. is a company that specializes in advanced printing services. Founded in 2015, it is headquartered in Mountain View, California, and also has significant operations in Wilmington, Massachusetts. The company focuses on innovative approaches to printing technology, aiming to enhance efficiency and quality in the production process.

Xanadu

Series B in 2021
Xanadu Quantum Technologies Inc., founded in 2016 and based in Toronto, Canada, specializes in developing photonic quantum computers. The company integrates quantum silicon photonic chips into existing hardware to create full-stack quantum computing solutions. Xanadu offers several software tools, including PennyLane, a Python library for quantum machine learning and hybrid quantum-classical computations, and Strawberry Fields, an open-source programming language for quantum computing. The company aims to make quantum computing accessible and beneficial by addressing real-world challenges and enhancing computational capabilities beyond classical methods. By combining expertise from leading scientists and industry professionals, Xanadu is positioning itself as a significant player in the quantum technology landscape.

Ceres

Venture Round in 2021
Ceres, Inc. is an agricultural biotechnology company that develops and markets seeds and traits aimed at producing crops for various markets, including feed and renewable biomass. Headquartered in Thousand Oaks, California, the company utilizes advanced plant breeding, biotechnology, and bioinformatics to create seed products that address agricultural challenges. Ceres offers forage sorghum seeds for livestock feed and biotechnology traits that improve biomass yields and provide resilience to drought and other stressors for crops like sugar cane. It also markets sweet sorghum and high biomass sorghum varieties, which serve as feedstocks for biofuels and bio-based chemicals, thereby supporting energy production. The company’s seed products are marketed under the Blade brand. Ceres, Inc. operates as a subsidiary of Land O'Lakes, Inc., following its establishment in 1996.

Fervo Energy

Series B in 2021
Fervo Energy is a next-generation geothermal developer generating clean power in new places. Fervo Energy commercializes proprietary technology to own, develop, and operate geothermal assets as the dispatchable foundation to a 100% clean energy future.

SummerBio

Venture Round in 2020
SummerBio LLC is an automation-based diagnostics company focused on providing efficient SARS-CoV-2 testing services. Established in 2020 and located in Menlo Park, California, the company has developed an end-to-end COVID-19 testing system that emphasizes high-volume, rapid, and affordable testing. Its innovative approach utilizes a combination of a novel sample collection kit, advanced robotics, and automated liquid handling systems to streamline the testing process. Operating a CLIA-certified laboratory, SummerBio enables healthcare professionals and patients to receive COVID-19 test results within a day, significantly enhancing the accessibility and efficiency of diagnostic testing.

Form Energy

Series C in 2020
Form Energy, Inc. specializes in developing long-duration energy storage systems aimed at facilitating the transition from fossil fuels to renewable energy sources. The company focuses on creating low-cost battery solutions capable of storing electricity generated from wind and solar power for extended periods, thereby enhancing the reliability of the electric grid. Its core technology, which includes an innovative iron-air battery, allows for energy dispatch over multiple days, significantly improving the viability of renewable energy as a consistent power source. Founded in 2017 and headquartered in Somerville, Massachusetts, Form Energy also offers Formware, a software tool designed for capacity expansion with advanced optimization capabilities. The company's mission revolves around enabling deep decarbonization of the electric system, ultimately contributing to a more sustainable energy future. Form Energy has garnered support from various investors, including Breakthrough Energy Ventures and MIT’s The Engine.

LARQ

Series A in 2020
LARQ, Inc. manufactures and sells self-cleaning water bottles and water purification systems. The company’s bottles use UV-C LED light to eliminate bio-contaminants from water and bottle. It sells its bottles online. The company was founded in 2017 and is based in Foster City, California.

Redwood Materials

Venture Round in 2020
Redwood Materials, Inc. is a recycling and materials processing company based in Carson City, Nevada, founded in 2017. The company specializes in developing sustainable methods for recycling various metals and materials, particularly from batteries and electronics, to support circular supply chains. Its focus includes lithium, nickel, copper, gold, silver, cobalt, and other critical elements used in electric vehicles, renewable energy storage, and consumer electronics. By providing environmentally sound recycling solutions, Redwood Materials aims to address the increasing demand for battery end-of-life management as the number of electric vehicles rises globally. The company's innovative technology not only recycles waste but also generates essential raw materials, enabling manufacturers to create sustainable products and significantly contributing to the transition towards a circular economy.

Span

Series A in 2020
Span.IO, Inc. is a San Francisco-based company that specializes in developing renewable energy products for residential use. Founded in 2018, it offers innovative solutions including a smart electrical panel designed to replace traditional panels, serving as a central hub for home energy management. The accompanying application, known as The Span, allows homeowners to monitor and control their energy usage remotely, facilitating scheduling and alert notifications. Span.IO aims to simplify the adoption of renewable energy and enhance user experience through intelligent hardware and software solutions. The company collaborates with installers, technology providers, and energy companies to reach homeowners and promote the integration of clean energy technologies.

Joby Aviation

Series C in 2020
Joby Aviation, LLC is an electric mobility company focused on developing fully electric vertical take-off and landing aircraft aimed at transforming air transportation. Founded in 2009 and based in Santa Cruz, California, the company specializes in creating a 5-seat aircraft that utilizes advanced electric propulsion technology. Joby Aviation emphasizes innovative design through its expertise in composite airframe fabrication, aerodynamic analysis, high-performance electric motor development, and state-of-the-art battery pack design. The company's mission is to provide a safe, quiet, fast, and affordable air-transportation service, contributing to a significant shift in personal mobility.

NUVIA

Series A in 2019
Nuvia develops processors intended to create high-performance silicon design for a compute-intensive world. It designs processing chipsets for data center servers, thereby delivering a faster, power-efficient, and secure experience to existing data center processors. Manu Gulati, John Bruno, and Gerard Williams III launched Nuvia in Santa Clara, California in 2019.

Form Energy

Series B in 2019
Form Energy, Inc. specializes in developing long-duration energy storage systems aimed at facilitating the transition from fossil fuels to renewable energy sources. The company focuses on creating low-cost battery solutions capable of storing electricity generated from wind and solar power for extended periods, thereby enhancing the reliability of the electric grid. Its core technology, which includes an innovative iron-air battery, allows for energy dispatch over multiple days, significantly improving the viability of renewable energy as a consistent power source. Founded in 2017 and headquartered in Somerville, Massachusetts, Form Energy also offers Formware, a software tool designed for capacity expansion with advanced optimization capabilities. The company's mission revolves around enabling deep decarbonization of the electric system, ultimately contributing to a more sustainable energy future. Form Energy has garnered support from various investors, including Breakthrough Energy Ventures and MIT’s The Engine.

Sense

Series B in 2019
Sense Labs, Inc. is a technology company based in Cambridge, Massachusetts, specializing in home energy monitoring solutions. Established in 2013, the company develops and manufactures electronic devices that analyze electricity usage in households. Its flagship product, Sense, utilizes current sensors installed on main breakers to capture the electronic signatures of various appliances. This system employs advanced algorithms to identify and differentiate individual devices, providing users with insights into their energy consumption. Sense also offers a range of related products, including Sense Solar, add-on sensors, and various replacement components. The data collected by these devices is transmitted to users via a dedicated mobile application, enhancing the home automation experience.

Halio

Series D in 2019
Kinestral Technologies, Inc. specializes in manufacturing smart-tinting glass, branded as Halio, for both commercial and residential applications. Halio glass can transition from clear to tinted or dark, either automatically or on command, enhancing architectural design by providing versatile solutions for windows, walls, and skylights. This technology offers significant advantages over traditional electrochromic glass, including faster tinting, uniform coloration, and a natural appearance. Kinestral also provides a range of supporting products, such as the Halio Tint Selector, which allows localized control of window tinting, and Halio Cloud, an interface for integrating window operations with building automation systems. Founded in 2010 and headquartered in Hayward, California, Kinestral has established a strategic partnership with Asahi Glass Co., Ltd. Its advanced manufacturing techniques ensure reliable production and timely delivery for projects worldwide, ultimately aiming to improve energy efficiency and comfort in indoor environments.

Helion

Series C in 2019
Helion Energy, Inc. is focused on developing advanced power generation solutions, specifically through its patented Fusion Engine technology. Established in 2013 and based in Redmond, Washington, the company aims to provide a low-cost and near-term approach to clean energy generation. The Fusion Engine utilizes magneto-inertial fusion, a process that allows for the production of zero-carbon electricity. Recent breakthroughs in their reactor technology, which builds upon award-winning and peer-reviewed research, position Helion to deliver safe and clean fusion energy. By creating fusion generators that can effectively address the growing global energy demands, Helion Energy contributes to the pursuit of environmentally sustainable energy solutions.

Sense

Series B in 2018
Sense Labs, Inc. is a technology company based in Cambridge, Massachusetts, specializing in home energy monitoring solutions. Established in 2013, the company develops and manufactures electronic devices that analyze electricity usage in households. Its flagship product, Sense, utilizes current sensors installed on main breakers to capture the electronic signatures of various appliances. This system employs advanced algorithms to identify and differentiate individual devices, providing users with insights into their energy consumption. Sense also offers a range of related products, including Sense Solar, add-on sensors, and various replacement components. The data collected by these devices is transmitted to users via a dedicated mobile application, enhancing the home automation experience.

Saildrone

Series B in 2018
Saildrone, Inc. specializes in the design and manufacture of autonomous sailing drones powered by wind and solar energy, enabling efficient and cost-effective ocean data collection. Founded in 2012 and based in Alameda, California, the company operates a fleet of these drones to gather live ocean data for various applications, including weather forecasting, oceanography, climate research, fish stock analysis, and environmental monitoring. By providing comprehensive data, Saildrone supports governments and private entities in addressing ecological challenges and enhancing understanding of planetary systems. The company aims to build the world's largest high-resolution ocean datasets, contributing to improved insights in areas such as climate change and carbon cycling.

Innovium

Series D in 2018
Innovium, Inc. develops and deploys switching silicon solutions for cloud, enterprise, and edge data centers in the United States and internationally. It offers TERALYNX 7 for large scale public and private cloud; and TERALYNX 5 for ToR, enterprise, Edge, and 5G data centers. The company also provides Network OS, a cloud, OEM, open-source network operating system; open source and standard APIs; and TERALYNX software development kit. Innovium, Inc. was incorporated in 2014 and is headquartered in San Jose, California with a location in Bengaluru, India.

Joby Aviation

Series B in 2018
Joby Aviation, LLC is an electric mobility company focused on developing fully electric vertical take-off and landing aircraft aimed at transforming air transportation. Founded in 2009 and based in Santa Cruz, California, the company specializes in creating a 5-seat aircraft that utilizes advanced electric propulsion technology. Joby Aviation emphasizes innovative design through its expertise in composite airframe fabrication, aerodynamic analysis, high-performance electric motor development, and state-of-the-art battery pack design. The company's mission is to provide a safe, quiet, fast, and affordable air-transportation service, contributing to a significant shift in personal mobility.

Aspiration

Series B in 2017
Aspiration Partners, Inc. is an online financial firm based in Marina del Rey, California, offering retail banking and investment services designed to be accessible to all. The company operates a sustainable financial platform that provides various products, including debit and credit cards, which enable consumers and businesses to engage in carbon reduction efforts. Aspiration empowers its customers to choose their fees and aligns its interests with those of its clients. Furthermore, the firm donates a portion of its earnings to support individuals striving for economic advancement and allows customers to contribute a percentage of their profits to charitable causes of their choice, reinforcing its commitment to social responsibility and sustainability.

Tegile

Series E in 2017
Tegile Systems, Inc. specializes in providing flash-driven storage solutions, including hybrid and all-flash storage arrays, designed for various enterprise applications such as databases, server virtualization, and virtual desktop environments. The company's patented IntelliFlash architecture optimizes performance by utilizing different types of storage media, enabling high input/output operations and low latency. Tegile's offerings include a flexible storage operating system that allows users to adjust the flash component to enhance both performance and cost efficiency. The company serves a diverse range of sectors, including government, education, and various enterprise markets. Founded in 2010 and based in Newark, California, Tegile operates as a subsidiary of Western Digital Corporation.

Innovium

Series C in 2017
Innovium, Inc. develops and deploys switching silicon solutions for cloud, enterprise, and edge data centers in the United States and internationally. It offers TERALYNX 7 for large scale public and private cloud; and TERALYNX 5 for ToR, enterprise, Edge, and 5G data centers. The company also provides Network OS, a cloud, OEM, open-source network operating system; open source and standard APIs; and TERALYNX software development kit. Innovium, Inc. was incorporated in 2014 and is headquartered in San Jose, California with a location in Bengaluru, India.

Saildrone

Series A in 2017
Saildrone, Inc. specializes in the design and manufacture of autonomous sailing drones powered by wind and solar energy, enabling efficient and cost-effective ocean data collection. Founded in 2012 and based in Alameda, California, the company operates a fleet of these drones to gather live ocean data for various applications, including weather forecasting, oceanography, climate research, fish stock analysis, and environmental monitoring. By providing comprehensive data, Saildrone supports governments and private entities in addressing ecological challenges and enhancing understanding of planetary systems. The company aims to build the world's largest high-resolution ocean datasets, contributing to improved insights in areas such as climate change and carbon cycling.

Halio

Series C in 2017
Kinestral Technologies, Inc. specializes in manufacturing smart-tinting glass, branded as Halio, for both commercial and residential applications. Halio glass can transition from clear to tinted or dark, either automatically or on command, enhancing architectural design by providing versatile solutions for windows, walls, and skylights. This technology offers significant advantages over traditional electrochromic glass, including faster tinting, uniform coloration, and a natural appearance. Kinestral also provides a range of supporting products, such as the Halio Tint Selector, which allows localized control of window tinting, and Halio Cloud, an interface for integrating window operations with building automation systems. Founded in 2010 and headquartered in Hayward, California, Kinestral has established a strategic partnership with Asahi Glass Co., Ltd. Its advanced manufacturing techniques ensure reliable production and timely delivery for projects worldwide, ultimately aiming to improve energy efficiency and comfort in indoor environments.

Sense

Series A in 2017
Sense Labs, Inc. is a technology company based in Cambridge, Massachusetts, specializing in home energy monitoring solutions. Established in 2013, the company develops and manufactures electronic devices that analyze electricity usage in households. Its flagship product, Sense, utilizes current sensors installed on main breakers to capture the electronic signatures of various appliances. This system employs advanced algorithms to identify and differentiate individual devices, providing users with insights into their energy consumption. Sense also offers a range of related products, including Sense Solar, add-on sensors, and various replacement components. The data collected by these devices is transmitted to users via a dedicated mobile application, enhancing the home automation experience.

Joby Aviation

Series A in 2016
Joby Aviation, LLC is an electric mobility company focused on developing fully electric vertical take-off and landing aircraft aimed at transforming air transportation. Founded in 2009 and based in Santa Cruz, California, the company specializes in creating a 5-seat aircraft that utilizes advanced electric propulsion technology. Joby Aviation emphasizes innovative design through its expertise in composite airframe fabrication, aerodynamic analysis, high-performance electric motor development, and state-of-the-art battery pack design. The company's mission is to provide a safe, quiet, fast, and affordable air-transportation service, contributing to a significant shift in personal mobility.

Saildrone

Series A in 2016
Saildrone, Inc. specializes in the design and manufacture of autonomous sailing drones powered by wind and solar energy, enabling efficient and cost-effective ocean data collection. Founded in 2012 and based in Alameda, California, the company operates a fleet of these drones to gather live ocean data for various applications, including weather forecasting, oceanography, climate research, fish stock analysis, and environmental monitoring. By providing comprehensive data, Saildrone supports governments and private entities in addressing ecological challenges and enhancing understanding of planetary systems. The company aims to build the world's largest high-resolution ocean datasets, contributing to improved insights in areas such as climate change and carbon cycling.

Got It

Series A in 2016
Got It, Inc. is a California-based company that operates a social marketplace connecting students with tutors for online coaching and tutoring services globally. Founded in 2011, Got It was previously known as Tutor Universe, Inc. In addition to its educational marketplace, the company specializes in software development, particularly focusing on Natural Language Processing and Artificial Intelligence. It has created a next-generation Conversational AI platform aimed at enhancing Customer Experience Management. This platform utilizes advanced technologies such as Transfer Learning and Transformer models, offering features like self-discovery, self-training, and self-management. These capabilities simplify the deployment and management of conversational solutions, distinguishing Got It from traditional methods that require extensive manual input and training.

Rayvio

Series B in 2016
RayVio Corp. is an advanced health and hygiene company that delivers clean water and environments. RayVio helps protect billions from germs and creates new markets and revenue streams by enabling a new class of products. Its powerful and efficient UV LED technology can be integrated into a variety of applications, powering versatile on-demand solutions that give consumers control over health without chemicals or costly consumables. To learn more, please visit www.rayvio.com.

Helion

Series B in 2016
Helion Energy, Inc. is focused on developing advanced power generation solutions, specifically through its patented Fusion Engine technology. Established in 2013 and based in Redmond, Washington, the company aims to provide a low-cost and near-term approach to clean energy generation. The Fusion Engine utilizes magneto-inertial fusion, a process that allows for the production of zero-carbon electricity. Recent breakthroughs in their reactor technology, which builds upon award-winning and peer-reviewed research, position Helion to deliver safe and clean fusion energy. By creating fusion generators that can effectively address the growing global energy demands, Helion Energy contributes to the pursuit of environmentally sustainable energy solutions.

Innovium

Series B in 2015
Innovium, Inc. develops and deploys switching silicon solutions for cloud, enterprise, and edge data centers in the United States and internationally. It offers TERALYNX 7 for large scale public and private cloud; and TERALYNX 5 for ToR, enterprise, Edge, and 5G data centers. The company also provides Network OS, a cloud, OEM, open-source network operating system; open source and standard APIs; and TERALYNX software development kit. Innovium, Inc. was incorporated in 2014 and is headquartered in San Jose, California with a location in Bengaluru, India.

Paga

Series B in 2015
Paga is a mobile payment company focused on creating a digital ecosystem that facilitates the sending and receiving of money. It aims to provide simple financial access to a broad user base, with a mission to enable one billion people to effectively manage their finances. Operating primarily in Nigeria, Paga has established itself as the leading mobile payment provider in the region. Its application allows users to transfer money to anyone with a mobile phone, as well as purchase and send airtime credits, make bill payments, and conduct retail transactions. By addressing the challenges associated with payment options, Paga is committed to enhancing financial service accessibility for its users.

PRIME Coalition

Venture Round in 2015
PRIME Coalition is a not-for-profit venture capital firm established in 2014 and based in Cambridge, Massachusetts. The organization focuses on making minority early-stage investments in companies operating primarily in the cleantech, business services, and energy services sectors within the United States. By targeting innovative ventures, PRIME Coalition aims to support the development of sustainable technologies and solutions that can drive positive environmental impact.

Ezetap

Series C in 2015
Ezetap is a mobile point-of-sale company that develops a lightweight card reader designed to connect with any smart device or feature phone. This technology enables a wide range of users, including merchants, cab drivers, grocers, and food delivery services, to accept card payments conveniently. Ezetap markets its devices to various sectors, including online retailers, insurance companies, restaurants, and hotels, facilitating seamless transactions across different industries.

Navitas Semiconductor

Series A in 2015
Navitas Semiconductor develops advanced gallium nitride (GaN) power integrated circuits (ICs) aimed at transforming power electronics across various markets. The company's GaNFast Power ICs enhance power systems by operating up to 100 times faster than traditional silicon, while offering four times higher power density and 40% less energy loss. These products cater to a diverse range of applications including mobile phones, laptops, wireless charging, LED lighting, and datacenters. Founded in 2014 and headquartered in El Segundo, California, Navitas Semiconductor distributes its innovative solutions both domestically and internationally, with a significant portion of its revenue originating from China. The company focuses on integrating GaN power technology with drive, control, and protection mechanisms to facilitate efficient energy use and fast charging capabilities in consumer and enterprise markets.

SunEdison

Post in 2015
SunEdison is your trusted partner for innovative, intelligent energy solutions around the globe. We have built our business by putting our customers first, and focusing on addressing each customer's unique solar energy needs. Through our integrated service approach, we partner with you, help you navigate your way through the solar landscape and offer uniquely tailored solutions and flexible financing.

Applied solar Technologies

Venture Round in 2015
Applied Solar Technologies India P Limited, founded in 2008 and based in Noida, India, specializes in providing off-grid solar power solutions primarily to the telecom and banking sectors. The company addresses the energy needs of telecom towers and ATMs, which traditionally depend on diesel-based power generation. By offering renewable energy alternatives, Applied Solar Technologies aims to reduce reliance on fossil fuels and enhance the sustainability of critical infrastructure. Through its innovative approach, the company contributes to the growing demand for clean energy solutions in India.

Tegile

Series D in 2015
Tegile Systems, Inc. specializes in providing flash-driven storage solutions, including hybrid and all-flash storage arrays, designed for various enterprise applications such as databases, server virtualization, and virtual desktop environments. The company's patented IntelliFlash architecture optimizes performance by utilizing different types of storage media, enabling high input/output operations and low latency. Tegile's offerings include a flexible storage operating system that allows users to adjust the flash component to enhance both performance and cost efficiency. The company serves a diverse range of sectors, including government, education, and various enterprise markets. Founded in 2010 and based in Newark, California, Tegile operates as a subsidiary of Western Digital Corporation.

Rayvio

Series B in 2015
RayVio Corp. is an advanced health and hygiene company that delivers clean water and environments. RayVio helps protect billions from germs and creates new markets and revenue streams by enabling a new class of products. Its powerful and efficient UV LED technology can be integrated into a variety of applications, powering versatile on-demand solutions that give consumers control over health without chemicals or costly consumables. To learn more, please visit www.rayvio.com.

Innovium

Series A in 2015
Innovium, Inc. develops and deploys switching silicon solutions for cloud, enterprise, and edge data centers in the United States and internationally. It offers TERALYNX 7 for large scale public and private cloud; and TERALYNX 5 for ToR, enterprise, Edge, and 5G data centers. The company also provides Network OS, a cloud, OEM, open-source network operating system; open source and standard APIs; and TERALYNX software development kit. Innovium, Inc. was incorporated in 2014 and is headquartered in San Jose, California with a location in Bengaluru, India.

Porch

Series B in 2015
Porch.com, Inc. operates an online platform that connects homeowners with local home repair services, facilitating the arrangement of setup and installation for purchased goods. The company serves as a resource for home improvement professionals and helps homeowners make informed decisions about home projects. Porch is available nationwide through its website and mobile app, and it is also the exclusive in-store resource in over 1,720 Lowe's locations across the United States. In addition to its core services, Porch offers a tool called Service Attach, which allows customers to add installation or assembly services to their online shopping carts. The company has a strategic partnership with Cinch Home Services Inc. Established in 2011, Porch is headquartered in Seattle, Washington.

QuantumScape

Venture Round in 2015
QuantumScape is a renewable energy company focused on advancing solid-state battery technology to enhance the performance and range of electric vehicles. Founded in 2010 by Jagdeep Singh in San Jose, California, the company aims to transform the battery industry by creating a solid-state battery that offers significantly higher energy storage capacity compared to traditional batteries. QuantumScape is developing next-generation solid-state lithium-metal batteries, featuring an innovative anode-less cell design that improves energy density while reducing material costs and streamlining manufacturing processes. Through these advancements, QuantumScape seeks to facilitate the widespread adoption of electric vehicles.

BitGo

Series A in 2014
BitGo is the world's largest processor of on-chain Bitcoin transactions, processing 15% of all global Bitcoin transactions, and $15 billion per month across all cryptocurrencies. BitGo supports over 200 coins and tokens, and has over $2 billion in assets in wallet. Our customer base includes the world's largest cryptocurrency exchanges and spans more than 50 countries. In 2018, we introduced BitGo Custody and launched BitGo Trust Company, the first qualified custodian purpose-built for storing digital assets. In 2019, we began providing clearing and settlement. Ben Davenport, Michael Belshe, and Will O'Brien founded BitGo in 2013. It has its headquarters in Palo Alto in California.

HeartFlow

Series C in 2014
HeartFlow is a medical technology company that provides new methods of diagnosis and treatment of cardiovascular disease. It offers HeartFlow Analysis, a non-invasive solution available in the United States, Europe, and Japan that helps a physician evaluate whether a patient has significant coronary artery disease based on anatomy and physiology. The company was started in 2007 and is based in Redwood City, California.

FLS Energy

Venture Round in 2014
FLS Energy opened its doors in 2006 and since then has successfully developed nearly 100 solar energy projects! Our talented industry certified teams offer complete in-house system design, engineering, and turnkey project development. As a client of FLS, you are guaranteed to receive the same high level of excellence the market has come to expect from FLS Energy associates

Sense

Seed Round in 2014
Sense Labs, Inc. is a technology company based in Cambridge, Massachusetts, specializing in home energy monitoring solutions. Established in 2013, the company develops and manufactures electronic devices that analyze electricity usage in households. Its flagship product, Sense, utilizes current sensors installed on main breakers to capture the electronic signatures of various appliances. This system employs advanced algorithms to identify and differentiate individual devices, providing users with insights into their energy consumption. Sense also offers a range of related products, including Sense Solar, add-on sensors, and various replacement components. The data collected by these devices is transmitted to users via a dedicated mobile application, enhancing the home automation experience.

Embrace Global

Series A in 2013
Embrace Global is a healthcare technology company based in Bengaluru, India, focused on developing and distributing affordable medical devices aimed at reducing infant and maternal mortality in emerging markets. The company is known for its innovative product, Embrace Nest, a portable infant warmer designed for low birth-weight and premature babies. This device, which is significantly more affordable than traditional incubators, addresses the critical need for effective care solutions in regions where access to advanced medical equipment is limited. Embrace Global also engages in research and development to create new low-cost health innovations that enhance maternal and child health outcomes.

Planet

Series A in 2013
Planet Labs, Inc. is a San Francisco-based company specializing in Earth imaging and analytics. Founded by former NASA employees in 2010, Planet operates the largest fleet of compact, high-capability satellites designed to image the entire planet daily. This extensive satellite coverage provides customers with unprecedented access to geospatial insights, enabling them to make informed decisions based on real-time data. Planet's offerings include a diverse range of satellite imagery and analytical solutions, all accessible through an online platform equipped with tools for data analysis. With additional offices in Germany and Canada, the company serves a global network of customers and partners across more than 100 countries, delivering market-leading geospatial imagery for businesses, governments, researchers, and journalists. Planet's mission is to make visible and actionable the changes occurring on Earth, providing crucial information to understand the physical world.

QD Vision

Series E in 2013
Founded in August 2004, QD Vision is a nanotechnology product company delivering a new generation of display and lighting solutions to major industries where color, power, and design matter. The company is harnessing the unique light-emitting properties of quantum dots to deliver a new generation of display solutions that provide unmatched color, power efficiency, and cost savings QD Vision's technology platform sets new standards for color purity, brightness, power consumption, and design flexibility. Backed by a patent portfolio secured by the founders' research at MIT and continued developments at QD Vision, the company is targeting applications such as consumer electronics products, flat-panel displays, electronic signage, solid-state lighting, and national security.

theAudience

Series A in 2012
theAudience, Inc. is a multi-channel publisher based in Los Angeles, California, specializing in social and digital content. Founded in 2011, the company provides a range of services, including social consulting, influencer activation, content creation, and media buying. Its BackStage Publishing Platform streamlines the social publishing process and offers analytics to manage content at scale. theAudience aims to connect brands, entertainment properties, and social influencers with consumers by syndicating engaging content globally. The company focuses on creating meaningful interactions that resonate with audiences, representing the interests and conversations of a diverse consumer base. As of August 2015, it operates as a subsidiary of Al Ahli Holding Group.

Atlantic Diagnostic Laboratories

Debt Financing in 2012
Atlantic Diagnostic Laboratories is a clinical laboratory that offers a comprehensive range of testing services, including microbiology, chemistry, toxicology, immunology, and virology. The laboratory serves clients across multiple states, including Pennsylvania, New Jersey, New York, Delaware, Maryland, Connecticut, Virginia, Florida, Ohio, Kentucky, and West Virginia. With over thirty years of experience, Atlantic Diagnostic Laboratories caters to a diverse clientele, such as physicians' offices, pain management clinics, drug rehabilitation centers, nursing homes, and hospitals. The facility spans 26,000 square feet and is equipped to provide personalized and efficient laboratory services. The company is particularly known for its high-end toxicology tests, which are essential for evaluating drug overdoses, both accidental and intentional, making it a valuable partner in the healthcare industry.

Twist

Series A in 2012
Twist is a multifaceted platform that addresses the complexities of team communication and enhances logistical coordination. It offers a tool that accurately calculates estimated time of arrival (ETA) by utilizing a proprietary algorithm that analyzes traffic and GPS data efficiently. This feature enables users to send real-time updates on their arrival status to family, friends, or colleagues, eliminating uncertainty about when they will arrive. Additionally, Twist serves as a network for software companies, facilitating the exchange of services among them. This dual focus on improving communication and fostering collaboration positions Twist as a valuable resource for both individuals and businesses navigating modern challenges.

Rayvio

Series A in 2012
RayVio Corp. is an advanced health and hygiene company that delivers clean water and environments. RayVio helps protect billions from germs and creates new markets and revenue streams by enabling a new class of products. Its powerful and efficient UV LED technology can be integrated into a variety of applications, powering versatile on-demand solutions that give consumers control over health without chemicals or costly consumables. To learn more, please visit www.rayvio.com.

Paga

Series A in 2012
Paga is a mobile payment company focused on creating a digital ecosystem that facilitates the sending and receiving of money. It aims to provide simple financial access to a broad user base, with a mission to enable one billion people to effectively manage their finances. Operating primarily in Nigeria, Paga has established itself as the leading mobile payment provider in the region. Its application allows users to transfer money to anyone with a mobile phone, as well as purchase and send airtime credits, make bill payments, and conduct retail transactions. By addressing the challenges associated with payment options, Paga is committed to enhancing financial service accessibility for its users.

Identified

Series B in 2012
Identified is a big data and analytics company that specializes in transforming social data from Facebook into professional intelligence. Founded in 2009 by Adeyemi Ajao and Brendan Wallace as a research project at Stanford University, Identified launched its beta product in September 2011 and quickly attracted over 10 million users. The platform allows users to create professional profiles and utilizes Facebook data to foster a gamified experience for tracking and quantifying career development. Additionally, Identified offers a healthcare recruiting service, further expanding its utility in the job searching network. The company is headquartered in San Francisco and currently employs around 40 people.
Liquidity manufactures breakthrough water purification cartridges, based on revolutionary membrane nanoscience, to solve the world's potable water needs. Pour any non-salt water through their cartridge and drink it safely. It's that simple. No chemicals, no power nor pressure. Their product will save millions of lives currently lost to preventable waterborne diseases.

Sunpreme

Series A in 2011
Sunpreme Inc. is a solar photovoltaic company that specializes in designing, developing, and manufacturing hybrid solar cell technology products. The company offers a range of bi-facial solar panels suitable for various applications, including commercial ground, commercial rooftop, residential rooftop, and tropical rooftop installations. Sunpreme's products are utilized in diverse settings such as K-12 schools, municipalities, corporate parking lots, and residential buildings, with deployments across the United States and internationally in countries like Brazil, Canada, India, and Japan. Founded in 2009 and headquartered in Santa Clara, California, Sunpreme operates a manufacturing facility in Jiaxing, China. The company's proprietary SmartSilicon technology enhances electricity generation from both sides of the solar panels, contributing to its mission of providing abundant, low-cost, clean energy. Through a network of sales partners in North America, Europe, and Asia, Sunpreme aims to make a significant impact on the clean energy ecosystem while focusing on quality and continuous improvement.

TrueCar

Venture Round in 2011
TrueCar, Inc. is an internet-based platform that provides market-based pricing data for new and used cars in the United States. Operating through its website and mobile applications, TrueCar connects consumers with a network of certified dealers, offering insights into how much others have paid for vehicles in their area. The platform aggregates data from multiple sources to deliver real-time, unbiased pricing information, assisting both car buyers and dealers. Additionally, TrueCar offers services such as TrueCar Trade, which informs users of their trade-in vehicle's value and guarantees a price before visiting a dealership. The company also provides advanced tools for dealers through services like DealerSync and DealerScience. Founded in 2005 and headquartered in Santa Monica, California, TrueCar customizes its platform for various partners, including financial institutions and membership organizations.

QD Vision

Series D in 2011
Founded in August 2004, QD Vision is a nanotechnology product company delivering a new generation of display and lighting solutions to major industries where color, power, and design matter. The company is harnessing the unique light-emitting properties of quantum dots to deliver a new generation of display solutions that provide unmatched color, power efficiency, and cost savings QD Vision's technology platform sets new standards for color purity, brightness, power consumption, and design flexibility. Backed by a patent portfolio secured by the founders' research at MIT and continued developments at QD Vision, the company is targeting applications such as consumer electronics products, flat-panel displays, electronic signage, solid-state lighting, and national security.

Global Impact Investing Network

Venture Round in 2010
The Global Impact Investing Network is a 501(c)3 nonprofit organization dedicated to increasing the scale and effectiveness of impact investing. Impact investments are investments made into companies, organizations, and funds with the intention to generate measurable social and environmental impact alongside a financial return. They can be made in both emerging and developed markets, and target a range of returns from below market to market rate, depending upon the circumstances. The GIIN addresses systemic barriers to effective impact investing by building critical infrastructure and developing activities, education, and research that attract more investment capital to poverty alleviation and environmental solutions.

TrueCar

Venture Round in 2010
TrueCar, Inc. is an internet-based platform that provides market-based pricing data for new and used cars in the United States. Operating through its website and mobile applications, TrueCar connects consumers with a network of certified dealers, offering insights into how much others have paid for vehicles in their area. The platform aggregates data from multiple sources to deliver real-time, unbiased pricing information, assisting both car buyers and dealers. Additionally, TrueCar offers services such as TrueCar Trade, which informs users of their trade-in vehicle's value and guarantees a price before visiting a dealership. The company also provides advanced tools for dealers through services like DealerSync and DealerScience. Founded in 2005 and headquartered in Santa Monica, California, TrueCar customizes its platform for various partners, including financial institutions and membership organizations.

Zag

Venture Round in 2007
ZAG America, LLC is a company focused on the development and production of digital content for children and family entertainment, including feature films, television series, and games. Founded in 2015 and headquartered in Santa Monica, California, ZAG has established brand franchise offices in both Santa Monica and Paris. The company distributes its content to broadcasters through its California store and various boutiques in the United States and internationally. ZAG has formed a strategic partnership with Netflix to expand its reach in the entertainment market. The company aims to enhance the art of animation through its various production and animation divisions, catering to the growing demand for quality family-oriented content.

Think

Series B in 2007
Think Global has been developing and producing urban mobility solutions since the early 1990s. Major investments made during the Ford ownership period contributed to an important infrastructural upgrade. New investors are now grooming Think as The Car Company of the 21st Century."

Tesla

Series D in 2007
Tesla, Inc. designs, develops, manufactures, leases, and sells electric vehicles and energy generation and storage systems globally, including in the United States, China, and Europe. The company operates in two main segments: Automotive and Energy Generation and Storage. The Automotive segment offers a range of electric vehicles, including sedans and SUVs, and provides electric powertrain components and related services through its service locations and mobile technicians. It sells its vehicles through company-owned stores and its website. The Energy Generation and Storage segment focuses on energy storage solutions, such as lithium-ion battery systems for homes and commercial applications, and includes the design and installation of solar energy products. Tesla also offers vehicle insurance and promotes renewable energy solutions. Founded in 2003 and headquartered in Palo Alto, California, the company aims to accelerate the world’s transition to electric mobility by expanding the availability and affordability of electric vehicles.

Tesla

Series C in 2006
Tesla, Inc. designs, develops, manufactures, leases, and sells electric vehicles and energy generation and storage systems globally, including in the United States, China, and Europe. The company operates in two main segments: Automotive and Energy Generation and Storage. The Automotive segment offers a range of electric vehicles, including sedans and SUVs, and provides electric powertrain components and related services through its service locations and mobile technicians. It sells its vehicles through company-owned stores and its website. The Energy Generation and Storage segment focuses on energy storage solutions, such as lithium-ion battery systems for homes and commercial applications, and includes the design and installation of solar energy products. Tesla also offers vehicle insurance and promotes renewable energy solutions. Founded in 2003 and headquartered in Palo Alto, California, the company aims to accelerate the world’s transition to electric mobility by expanding the availability and affordability of electric vehicles.
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