Magnetar Capital

Magnetar is a leading alternative asset manager. Magnetar endeavors to source its own, often unique, investment opportunities by collaborating across distinct areas of expertise. Headquartered in Evanston, Illinois, Magnetar has satellite and affiliate offices in New York, Philadelphia, London, and Beijing. Investment advisory services are provided through Magnetar Financial LLC, which is registered as an investment adviser with the SEC.

Ross Laser

Co-Founder and President

Alec N. Litowitz

Founder, CEO and Head of Systematic Investing

18 past transactions

CoreWeave

Series B in 2023
CoreWeave provides flexible compute services and products to empower innovators. The company provides GPU accelerated compute solutions to the CGI and machine learning industries. Backed by quality hardware and systems management infrastructure, CoreWeave is built to help clients scale and adapt to evolving compute requirements at industry leading economics.

Judo Capital

Series D in 2020
Judo Bank Pty. Ltd. provides lending services to Small and Medium Enterprise's. Its products include business loans, line of credit, equipment loan, and finance lease. The company was formerly known as Judo Capital Pty. Ltd. and changed its name to Judo Bank Pty. Ltd. in April, 2019. Judo Bank Pty. Ltd. was founded in 2016 and is based in Southbank, Australia.

Enable Injections

Series C in 2022
Enable Injections, LLC develops a disposable body-worn bolus injector to deliver high viscosity/volume payloads to the subcutaneous tissue. The company’s system uses standard vial, syringe, or cartridge container closure; and automatically mixes lyophilized solutions. Its drug delivery system’s transfer package automatically warms the drug, and enables user to insert the container into the system, place the injector on the skin, and press the central button, as well as know the progress of the delivery through its viewing window, and then dispose the device. It also offers partial or multi-vial/syringe transfer systems for filling its LVWIs. The company was founded in 2010 and is based in Cincinnati, Ohio.

Lucid Energy Group, LLC

Private Equity Round in 2017
LUCID ENERGY GROUP is a midstream services company providing gathering, treating, processing, compression and transportation services to producers working in the Permian Basin. LUCID has developed and is continuing to expand its greenfield gathering and processing facilities in the high-growth production areas of the Wolfcamp and Clines shales. LUCID was formed in 2011 with equity commitments from EnCap Flatrock Midstream of San Antonio. Headquartered in Dallas, LUCID is focusing its operations on the Eastern Shelf region of the Permian Basin and has field offices near its operating assets in Sterling City and San Angelo. The company's ability to create unique solutions distinguishes LUCID and puts the company in a strong position to meet the accelerating demand for midstream infrastructure in the region. At LUCID, they understand how important service is to our customers. They hold fast to their vision and creativity. They believe in communicating clearly so that every deal is easily understood. They are perceptive and in the moment with our customers while we work hard to develop unconventional solutions and partner with them for success. Their customers trust them because there are no surprises. At LUCID, they are Vision At Work.

OncoResponse

Series C in 2021
OncoResponse Inc. is an immuno-oncology company that discovers cancer immunotherapies and therapeutic antibodies against immuno-oncology targets by interrogating the human immune system. It develops human antibody derived therapeutics for the treatment of cancer. The company is based in Houston, Texas.

PosiGen

Private Equity Round in 2022
PosiGen CT, LLC sells and leases solar power systems, solar hot water systems, and energy efficiency upgrade solutions for residential and commercial users in Louisiana, New York, Connecticut, and Florida. It offers solar panel systems for heating, cooling, and illuminating homes and offices. The company also provides solar energy; energy efficiency audit services; and assess and permit, panel installation, and inspection services. The company was founded in 2011 and is based in Jefferson, Louisiana with additional offices in New York and Connecticut.

CoreWeave

Private Equity Round in 2021
CoreWeave provides flexible compute services and products to empower innovators. The company provides GPU accelerated compute solutions to the CGI and machine learning industries. Backed by quality hardware and systems management infrastructure, CoreWeave is built to help clients scale and adapt to evolving compute requirements at industry leading economics.

Evolv Technology

Post in 2021
Evolv Technologies, Inc. manufactures noninvasive body scanners for touchless security screening. It offers Evolv Express, a smart firearm and bomb detection system; Evolv Edge, a smart checkpoint system; and Evolv Pinpoint, a facial recognition system that identifies VIPs and persons of interest. The company’s products are used for employee screening, school safety, VIP screening, and visitor screening applications in public attractions, stadiums, entertainment venues, houses of worship, hotels, hospitals, and other places. Evolv Technologies, Inc. was incorporated in 2013 and is based in Waltham, Massachusetts.

Benson Hill

Venture Round in 2021
Benson Hill is a crop improvement company that unlocks the natural diversity of plants and empowers innovators with a revolutionary crop design platform to develop healthier and more sustainable food and ingredients. Benson Hill empowers innovators to develop more healthy, flavorful, and sustainable food by unlocking the natural genetic diversity of plants. Benson Hill’s CropOS™ platform combines machine learning and big data with breeding techniques and plant biology to drastically accelerate and simplify the product development process.

Vedanta Biosciences

Series D in 2021
Vedanta Biosciences is a developer of immunotherapies designed to treat immune-mediated and infectious diseases. The company's immunotherapies include a suite of proprietary assays to select pharmacologically potent strains, vast proprietary datasets from human interventional studies, and facilities for cGMP-compliant manufacturing of rationally-defined bacterial consortia in powder form, enabling physicians to access live bacteria drug to treat autoimmune and inflammatory diseases easily. It was founded in 2010 and is headquartered in Cambridge, Massachusetts.
Comtech Telecommunications Corp. designs, develops, produces and markets innovative products, systems and services for advanced communications solutions. Comtech has grown substantially in recent years. They believe they are well positioned for growth.

Omniboros

Series B in 2021
Activ Surgical is a digital surgery company focused on improving surgical efficiency, accuracy, patient outcomes, and accessibility. Its scalable and patent-protected surgical software platform technology is driven by computer vision, artificial intelligence, analytics, and machine learning to enhance a surgeon’s intra-operative decision making, and reduce unintended and preventable surgical complications. The company was founded in 2017 and is headquartered in Boston, Massachusetts.

Imvax, Inc.

Series B in 2019
Imvax is a biotechnology company focused on the development of novel patient-specific vaccines and immunotherapy strategies for the treatment of malignant gliomas and other cancers with unmet medical needs. Its product, IGV-001, is an autologous tumor cell vaccine that delivers a multi-pronged response against tumor cells by leveraging the patient’s immune system as a defense mechanism. The company was incorporated in 2015 by David W. Andrews, Craig Hooper, Arthur W. Howe, and Peter B. Corr in Philadelphia, Pennsylvania.

eXo Systems

Series B in 2019
Exo is a medical device startup handheld ultrasound platform and AI for imaging and therapeutic applications. The company is committed to delivering affordable and easy-to-use medical imaging to healthcare professionals around the world. By delivering easy-to-use, high-quality medical imaging. Exo empowers healthcare professionals to make critical, real-time decisions that improve patient outcomes. The Exo ultrasound platform combines advances in nano-materials, novel sensor technologies, advanced signal processing, and computation with the economies of scale of semiconductor manufacturing to dramatically reduce the cost of imaging. It also represents a giant leap in imaging and therapeutics technology one that will drive the development of high-performance products that are accessible, easy-to-use, and available at a price point never before possible.

Imvax, Inc.

Series C in 2020
Imvax is a biotechnology company focused on the development of novel patient-specific vaccines and immunotherapy strategies for the treatment of malignant gliomas and other cancers with unmet medical needs. Its product, IGV-001, is an autologous tumor cell vaccine that delivers a multi-pronged response against tumor cells by leveraging the patient’s immune system as a defense mechanism. The company was incorporated in 2015 by David W. Andrews, Craig Hooper, Arthur W. Howe, and Peter B. Corr in Philadelphia, Pennsylvania.

Kintera

Post in 2006
Kintera is leader and pioneering provider of Software as a Service (SaaS) solutions to the nonprofit and government sectors. They are a leading provider of software that enables nonprofit organizations to use the Internet to bring their employees, volunteers and donors together in online, interactive communities that increase donations, reduce fundraising costs and build affinity for an organization's cause.

SurgRx, Inc

Series F in 2007
SurgRx, Inc is a developer of laparoscopic vessel fusion tools for surgical hemostasis. The company develops tissue sealing and hemostasis systems for laparoscopic and open surgery. It also offers EnSeal, a tissue sealing and hemostasis system that allows surgeons to seal and transect vessels, pedicles, and tissue bundles to achieve surgical hemostasis. SurgRx, Inc is based in Redwood City, California.
A key way for owners of small and midsized businesses to truly be successful and increase their net worth is to own their commercial real estate. Most people think that the dream of commercial property ownership is difficult and expensive, with large down payments and high, variable interest rates. With cash being such an important asset for any company, many business owners cannot afford to spend so much of their hard-earned capital to purchase their commercial property, even though they know what a great long-term investment owning their own property will be.