DFJ Growth

DFJ Growth is a venture capital firm based in Silicon Valley that specializes in investing in growth-stage technology companies. As a later-stage investing practice of Draper Fisher Jurvetson, it focuses on companies that are rapidly scaling and have the potential for market leadership. DFJ Growth collaborates with exceptional entrepreneurs who aim to innovate and transform industries by developing iconic technology-driven businesses. The firm emphasizes a high-conviction investment strategy, supporting its portfolio companies as they navigate the challenges of growth and seek to make a significant impact in their respective markets.

Chotalia, Chirag R.

Partner

Sam Fort

Partner

Kao, Justin

Partner

Megan Kelly

Principal

Roizen, Heidi

Operating Partner

Jess Segal

Partner

Chris Shanahan

Principal

Sam Shapiro

Principal

Andreas Stavropoulos

Partner

Kevin Tu

Principal

Past deals in Laser

Glowforge

Series E in 2023
Glowforge is a manufacturer of 3D laser printers intended to offer printing services on a wide range of materials and many more.The company's printers utilize software and sensors to cut, engrave, and shape designs from a variety of materials, enabling users to print and decorate any materials.

Glowforge

Series E in 2022
Glowforge is a manufacturer of 3D laser printers intended to offer printing services on a wide range of materials and many more.The company's printers utilize software and sensors to cut, engrave, and shape designs from a variety of materials, enabling users to print and decorate any materials.

Formlabs

Series C in 2018
Formlabs Inc. is a company that designs and manufactures 3D printing systems tailored for engineers, designers, and artists. Founded in 2011 and headquartered in Somerville, Massachusetts, with additional offices worldwide, Formlabs focuses on making high-resolution 3D printing accessible and affordable. Its product lineup includes various models such as the Form 3, Form 3B, and Form 3L, all utilizing Low Force Stereolithography (LFS) technology. The company also provides a range of materials, including standard, castable, flexible, tough, and dental SG varieties, alongside software solutions like PreForm to facilitate model preparation for printing. Formlabs serves multiple industries, including engineering, education, healthcare, and jewelry, and offers post-processing solutions such as Form Wash and Form Cure, as well as the Fuse 1 SLS 3D printer and Form Cell manufacturing solution, continuously innovating in the realm of 3D printing technology.

Formlabs

Series B in 2016
Formlabs Inc. is a company that designs and manufactures 3D printing systems tailored for engineers, designers, and artists. Founded in 2011 and headquartered in Somerville, Massachusetts, with additional offices worldwide, Formlabs focuses on making high-resolution 3D printing accessible and affordable. Its product lineup includes various models such as the Form 3, Form 3B, and Form 3L, all utilizing Low Force Stereolithography (LFS) technology. The company also provides a range of materials, including standard, castable, flexible, tough, and dental SG varieties, alongside software solutions like PreForm to facilitate model preparation for printing. Formlabs serves multiple industries, including engineering, education, healthcare, and jewelry, and offers post-processing solutions such as Form Wash and Form Cure, as well as the Fuse 1 SLS 3D printer and Form Cell manufacturing solution, continuously innovating in the realm of 3D printing technology.

Raydiance

Venture Round in 2014
Raydiance is the world’s leading developer of ultrafast laser technology. Raydiance has built a deeply experienced team that draws expertise from the software, microelectronics, telecommunications and photonics industries. Creator of the first compact, reliable, “industrial grade” femtosecond laser platform, Raydiance is powering an explosion of innovation in manufacturing, healthcare, defense and more. Raydiance began when senior Defense Department officials introduced technology pioneer Barry Schuler to a DARPA project designed to miniaturize ultrafast lasers for military applications. Schuler immediately grasped the compelling capabilities of ultrafast lasers – if they could be liberated from highly controlled lab environments and transformed into small, inexpensive photonic engines that could power many applications. Schuler brought together a world-class team to build the world’s first miniaturized, computer controlled, software driven “plug and play” ultrafast laser platform. Raydiance’s Smart LightTM technology is transforming a wide array of sectors, including medical micro-devices, clean tech energy, consumer electronics and defense applications. The company has built the world’s first high-volume manufacturing facility capable of scaling production to thousands of units per year. Further, it has invented key technologies—such as its proprietary fiber delivery system—that support volume commercialization. By aggregating many markets onto its platform, Raydiance is using volume-manufacturing techniques to drive costs down and open market opportunities. The company is rapidly transforming ultrafast technology from a unique research tool into a practical and broadly accessible platform technology.

Formlabs

Series A in 2013
Formlabs Inc. is a company that designs and manufactures 3D printing systems tailored for engineers, designers, and artists. Founded in 2011 and headquartered in Somerville, Massachusetts, with additional offices worldwide, Formlabs focuses on making high-resolution 3D printing accessible and affordable. Its product lineup includes various models such as the Form 3, Form 3B, and Form 3L, all utilizing Low Force Stereolithography (LFS) technology. The company also provides a range of materials, including standard, castable, flexible, tough, and dental SG varieties, alongside software solutions like PreForm to facilitate model preparation for printing. Formlabs serves multiple industries, including engineering, education, healthcare, and jewelry, and offers post-processing solutions such as Form Wash and Form Cure, as well as the Fuse 1 SLS 3D printer and Form Cell manufacturing solution, continuously innovating in the realm of 3D printing technology.

Pentalum

Series C in 2013
Pentalum Technologies Inc. specializes in the development of wind light detection and ranging (LiDAR) systems for remote sensing of wind. The company's flagship product, SpiDAR, offers a cost-effective solution designed for three main applications: wind resource assessment, optimization of wind farm operations, and wind forecasting. By utilizing a central control unit, Pentalum's system collects and presents wind data from multiple SpiDAR units via a web-based dashboard, facilitating informed decision-making for clients. The company serves a diverse range of wind farms both in Israel and internationally, aiming to improve profitability and reduce uncertainty in wind energy production. Founded in 2009 and headquartered in Rehovot, Israel, Pentalum is supported by venture capital and led by a team of experts in optics, fluid mechanics, and atmospheric remote sensing.

Raydiance

Series D in 2012
Raydiance is the world’s leading developer of ultrafast laser technology. Raydiance has built a deeply experienced team that draws expertise from the software, microelectronics, telecommunications and photonics industries. Creator of the first compact, reliable, “industrial grade” femtosecond laser platform, Raydiance is powering an explosion of innovation in manufacturing, healthcare, defense and more. Raydiance began when senior Defense Department officials introduced technology pioneer Barry Schuler to a DARPA project designed to miniaturize ultrafast lasers for military applications. Schuler immediately grasped the compelling capabilities of ultrafast lasers – if they could be liberated from highly controlled lab environments and transformed into small, inexpensive photonic engines that could power many applications. Schuler brought together a world-class team to build the world’s first miniaturized, computer controlled, software driven “plug and play” ultrafast laser platform. Raydiance’s Smart LightTM technology is transforming a wide array of sectors, including medical micro-devices, clean tech energy, consumer electronics and defense applications. The company has built the world’s first high-volume manufacturing facility capable of scaling production to thousands of units per year. Further, it has invented key technologies—such as its proprietary fiber delivery system—that support volume commercialization. By aggregating many markets onto its platform, Raydiance is using volume-manufacturing techniques to drive costs down and open market opportunities. The company is rapidly transforming ultrafast technology from a unique research tool into a practical and broadly accessible platform technology.

Pentalum

Venture Round in 2012
Pentalum Technologies Inc. specializes in the development of wind light detection and ranging (LiDAR) systems for remote sensing of wind. The company's flagship product, SpiDAR, offers a cost-effective solution designed for three main applications: wind resource assessment, optimization of wind farm operations, and wind forecasting. By utilizing a central control unit, Pentalum's system collects and presents wind data from multiple SpiDAR units via a web-based dashboard, facilitating informed decision-making for clients. The company serves a diverse range of wind farms both in Israel and internationally, aiming to improve profitability and reduce uncertainty in wind energy production. Founded in 2009 and headquartered in Rehovot, Israel, Pentalum is supported by venture capital and led by a team of experts in optics, fluid mechanics, and atmospheric remote sensing.

Pentalum

Series A in 2010
Pentalum Technologies Inc. specializes in the development of wind light detection and ranging (LiDAR) systems for remote sensing of wind. The company's flagship product, SpiDAR, offers a cost-effective solution designed for three main applications: wind resource assessment, optimization of wind farm operations, and wind forecasting. By utilizing a central control unit, Pentalum's system collects and presents wind data from multiple SpiDAR units via a web-based dashboard, facilitating informed decision-making for clients. The company serves a diverse range of wind farms both in Israel and internationally, aiming to improve profitability and reduce uncertainty in wind energy production. Founded in 2009 and headquartered in Rehovot, Israel, Pentalum is supported by venture capital and led by a team of experts in optics, fluid mechanics, and atmospheric remote sensing.

Pentalum

Series A in 2010
Pentalum Technologies Inc. specializes in the development of wind light detection and ranging (LiDAR) systems for remote sensing of wind. The company's flagship product, SpiDAR, offers a cost-effective solution designed for three main applications: wind resource assessment, optimization of wind farm operations, and wind forecasting. By utilizing a central control unit, Pentalum's system collects and presents wind data from multiple SpiDAR units via a web-based dashboard, facilitating informed decision-making for clients. The company serves a diverse range of wind farms both in Israel and internationally, aiming to improve profitability and reduce uncertainty in wind energy production. Founded in 2009 and headquartered in Rehovot, Israel, Pentalum is supported by venture capital and led by a team of experts in optics, fluid mechanics, and atmospheric remote sensing.

Raydiance

Private Equity Round in 2006
Raydiance is the world’s leading developer of ultrafast laser technology. Raydiance has built a deeply experienced team that draws expertise from the software, microelectronics, telecommunications and photonics industries. Creator of the first compact, reliable, “industrial grade” femtosecond laser platform, Raydiance is powering an explosion of innovation in manufacturing, healthcare, defense and more. Raydiance began when senior Defense Department officials introduced technology pioneer Barry Schuler to a DARPA project designed to miniaturize ultrafast lasers for military applications. Schuler immediately grasped the compelling capabilities of ultrafast lasers – if they could be liberated from highly controlled lab environments and transformed into small, inexpensive photonic engines that could power many applications. Schuler brought together a world-class team to build the world’s first miniaturized, computer controlled, software driven “plug and play” ultrafast laser platform. Raydiance’s Smart LightTM technology is transforming a wide array of sectors, including medical micro-devices, clean tech energy, consumer electronics and defense applications. The company has built the world’s first high-volume manufacturing facility capable of scaling production to thousands of units per year. Further, it has invented key technologies—such as its proprietary fiber delivery system—that support volume commercialization. By aggregating many markets onto its platform, Raydiance is using volume-manufacturing techniques to drive costs down and open market opportunities. The company is rapidly transforming ultrafast technology from a unique research tool into a practical and broadly accessible platform technology.

Luminus Devices

Series D in 2006
Luminus Devices specializes in the development, design, and manufacture of high-performance solid-state lighting solutions, focusing on its patented PhlatLight LEDs. These products are recognized for their exceptional brightness and versatility, enabling innovative applications across various sectors, including projection displays, entertainment, and general lighting. By redefining the solid-state lighting landscape, Luminus Devices has positioned its technology as a key component in products from leading global consumer and specialty companies, making previously unattainable illumination possibilities a reality.

Luminus Devices

Series C in 2005
Luminus Devices specializes in the development, design, and manufacture of high-performance solid-state lighting solutions, focusing on its patented PhlatLight LEDs. These products are recognized for their exceptional brightness and versatility, enabling innovative applications across various sectors, including projection displays, entertainment, and general lighting. By redefining the solid-state lighting landscape, Luminus Devices has positioned its technology as a key component in products from leading global consumer and specialty companies, making previously unattainable illumination possibilities a reality.

Zonare Medical Systems

Series E in 2004
Zonare Medical Systems, Inc. specializes in the development, manufacturing, and commercialization of compact ultrasound systems designed for diagnostic imaging across various clinical applications. The company's flagship product, the z.one ultrasound system, leverages its proprietary Zone Sonography technology, which facilitates advanced image processing and the integration of new clinical applications. Zonare Medical operates a direct sales model in the United States and utilizes a combination of distributors and direct sales personnel in approximately 40 international markets. Established in 1999 and headquartered in Mountain View, California, Zonare Medical was formerly known as NovaSonics, Inc. The company is recognized for its patented designs and architecture that provide high-quality imaging solutions with significant clinical versatility.

Luminus Devices

Series B in 2004
Luminus Devices specializes in the development, design, and manufacture of high-performance solid-state lighting solutions, focusing on its patented PhlatLight LEDs. These products are recognized for their exceptional brightness and versatility, enabling innovative applications across various sectors, including projection displays, entertainment, and general lighting. By redefining the solid-state lighting landscape, Luminus Devices has positioned its technology as a key component in products from leading global consumer and specialty companies, making previously unattainable illumination possibilities a reality.

MediaLario

Series A in 2004
MediaLario is a technology-driven company specializing in the manufacture of optical components and systems, particularly for space applications. The firm collaborates with prominent organizations such as the Italian Space Agency, the European Space Agency, and NASA to develop advanced optical technologies. Its products support a range of functions, including satellite imaging systems, space optical communications, and large terrestrial telescopes. Through its innovations, MediaLario enables research institutions to conduct Earth observation and gather critical information about space, thereby contributing to advancements in space exploration.

Zonare Medical Systems

Series D in 2003
Zonare Medical Systems, Inc. specializes in the development, manufacturing, and commercialization of compact ultrasound systems designed for diagnostic imaging across various clinical applications. The company's flagship product, the z.one ultrasound system, leverages its proprietary Zone Sonography technology, which facilitates advanced image processing and the integration of new clinical applications. Zonare Medical operates a direct sales model in the United States and utilizes a combination of distributors and direct sales personnel in approximately 40 international markets. Established in 1999 and headquartered in Mountain View, California, Zonare Medical was formerly known as NovaSonics, Inc. The company is recognized for its patented designs and architecture that provide high-quality imaging solutions with significant clinical versatility.

Luminus Devices

Series A in 2003
Luminus Devices specializes in the development, design, and manufacture of high-performance solid-state lighting solutions, focusing on its patented PhlatLight LEDs. These products are recognized for their exceptional brightness and versatility, enabling innovative applications across various sectors, including projection displays, entertainment, and general lighting. By redefining the solid-state lighting landscape, Luminus Devices has positioned its technology as a key component in products from leading global consumer and specialty companies, making previously unattainable illumination possibilities a reality.

Zonare Medical Systems

Series C in 2002
Zonare Medical Systems, Inc. specializes in the development, manufacturing, and commercialization of compact ultrasound systems designed for diagnostic imaging across various clinical applications. The company's flagship product, the z.one ultrasound system, leverages its proprietary Zone Sonography technology, which facilitates advanced image processing and the integration of new clinical applications. Zonare Medical operates a direct sales model in the United States and utilizes a combination of distributors and direct sales personnel in approximately 40 international markets. Established in 1999 and headquartered in Mountain View, California, Zonare Medical was formerly known as NovaSonics, Inc. The company is recognized for its patented designs and architecture that provide high-quality imaging solutions with significant clinical versatility.

Lightwave Microsystems Corporation

Series E in 2000
Lightwave Microsystems engages in the design, customization, and manufacture of a range of passive and active waveguide components and integrated devices.
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