Firsthand Capital Management

Firsthand Capital Management, Inc. is an employee-owned investment manager based in San Jose, California, founded in 1994. The firm operates as a business development company, providing services to institutional investors, high net-worth individuals, and other fund sponsors. Firsthand focuses on managing equity mutual funds and employs a fundamental analysis approach, utilizing both bottom-up and top-down stock picking methods. Its investment strategy targets start-ups, late-stage companies, and those in reorganization or bankruptcy, particularly in the technology sector, including areas like cleantech, consumer electronics, and advanced materials. The firm typically invests between $1 million and $10 million in private companies, utilizing various equity structures such as preferred stock and convertible debt. Firsthand seeks to maintain influence in its portfolio companies through board representation and aims to exit investments through strategic acquisitions or public offerings.

Kevin Landis

Founder and Chief Investment Officer

13 past transactions

Sprout

Seed Round in 2022
Sprout offers cloud-based and automated stakeholder management software-as-a-service. For forward-thinking organizations, Sprout also offers equity and token management solutions. They provide business intelligence, accountability, and governance by consolidating equity, token wallets, and team compensation. Folium was created in response to customer demand to assist businesses in tracking digital coins and non-fungible tokens across multiple blockchain platforms. Folium starts by collecting individuals' blockchain addresses, reading ledger changes, and labeling them based on ownership, such as whether it belongs to an employee, investor, or founder, and transaction type, such as payroll or investment.

SoloPower Systems

Series B in 2007
SoloPower Systems, Inc. is a photovoltaic technology company based in Portland, Oregon, specializing in the design, manufacture, and deployment of flexible and thin-film solar cells and modules. Founded in 2005, the company produces copper indium gallium selenide (CIGS) photovoltaic products that are engineered for large-scale applications on commercial, government, and municipal rooftops. Its product offerings include the SoloPanel SP1, optimized for standing-seam metal roof integration, as well as large-format flexible modules like the SoloPanel SP3L and SP3S, which cater to commercial and industrial building needs. SoloPower employs advanced electroplating technology to create ultra-lightweight solar solutions, allowing clients to address important factors such as system weight and wind loads during installation. The company serves a diverse clientele, including developers, independent power producers, engineering firms, and real estate investment trusts, with a presence in the United States and various international markets, including Europe, Asia, and the Middle East.

Solaicx

Series C in 2007
Solaicx is a manufacturer specializing in mono-crystalline silicon ingots and wafers, catering primarily to solar cell and module manufacturers within the photovoltaic industry. Founded in 2002 and headquartered in Santa Clara, California, Solaicx operates a production facility in Portland, Oregon. The company is also involved in designing and building production systems for crystal silicon wafers, which are essential for the development of solar silicon cells used in various photovoltaic applications.

SoloPower Systems

Venture Round in 2007
SoloPower Systems, Inc. is a photovoltaic technology company based in Portland, Oregon, specializing in the design, manufacture, and deployment of flexible and thin-film solar cells and modules. Founded in 2005, the company produces copper indium gallium selenide (CIGS) photovoltaic products that are engineered for large-scale applications on commercial, government, and municipal rooftops. Its product offerings include the SoloPanel SP1, optimized for standing-seam metal roof integration, as well as large-format flexible modules like the SoloPanel SP3L and SP3S, which cater to commercial and industrial building needs. SoloPower employs advanced electroplating technology to create ultra-lightweight solar solutions, allowing clients to address important factors such as system weight and wind loads during installation. The company serves a diverse clientele, including developers, independent power producers, engineering firms, and real estate investment trusts, with a presence in the United States and various international markets, including Europe, Asia, and the Middle East.

Global Locate

Series E in 2006
Global Locate offers semiconductors for wired and wireless communications. It provides GPS chips, software, and network services. The company's semiconductor solutions bring GPS technology to the mobile wireless devices, including handsets, smartphones, PDAs, and other wireless devices. It offers IndoorGPS Driver Software that runs on the handset or mobile wireless device host processor to provide interfaces to the wireless network, handle assistance data, manage chip communications and control, and provide the location APIs for application development. Global Locate, Inc. was founded in 1999 and is headquartered in San Jose, California with offices in New Jersey; Tokyo, Japan; and Madrid, Spain. As of July 12, 2007, Global Locate, Inc. operates as a subsidiary of Broadcom Corp.

Silicon Optix

Series B in 2004
Silicon Optix is a fabless semiconductor company specializing in advanced video and geometry processing integrated circuit (IC) solutions. The company offers eWARP™, a digital distortion correction technology that enables manufacturers to enhance optical systems with sophisticated electronics imaging, thereby improving design capabilities while reducing costs and complexity. Silicon Optix is recognized for its Realta integrated system-on-chip (SoC), which sets a benchmark for video quality, and the Reon chip, designed to deliver high-quality video processing for mainstream Hollywood films and broadcast television. Additionally, the company produces the Geo chip, which facilitates pixel-by-pixel brightness control in rear-projection televisions. With over seven years invested in research and development, Silicon Optix has established itself as a leader in geometry processing technologies, addressing significant market opportunities in the semiconductor industry.

NanoMuscle

Series C in 2003
NanoMuscle is a privately held company that designs and manufactures advanced motion technologies for use in a wide range of consumer devices. With their low cost, small size and silent operation, NanoMuscle products displace conventional electromagnetic motors and solenoids and for the first time provide miniature, affordable motion.

Authentec

Series C in 2003
AuthenTec is a company specializing in mobile and network security, providing a range of products and technologies designed to protect individuals and organizations. Its offerings include encryption technology, fingerprint sensors, and identity management software, all aimed at enhancing secure networking, content protection, and access control on personal computers and mobile devices. AuthenTec's fingerprint sensors have been integrated into over 100 million devices, including more than 15 million mobile phones, and the company's security solutions are utilized by leading mobile device manufacturers, networking firms, and government entities worldwide. Founded in 1998 in Melbourne, Florida, after a spin-off from Harris Semiconductor, AuthenTec has established itself as a key player in the fields of biometrics and mobile security.

Polaris Networks

Series B in 2002
Polaris Networks is a provider of test tools, simulation tools, and software engineering services specifically designed for wireless and telecommunications technologies. The company develops optical transport switching systems that enhance communication capabilities. Its offerings include functional and load testers, as well as simulation tools tailored for LTE access and packet core networks. By supplying a diverse array of test tools and communication gateways, Polaris Networks serves network equipment manufacturers, service providers, and testing laboratories, enabling them to improve their operational efficiencies and communication infrastructures.

Global Locate

Series A in 2001
Global Locate offers semiconductors for wired and wireless communications. It provides GPS chips, software, and network services. The company's semiconductor solutions bring GPS technology to the mobile wireless devices, including handsets, smartphones, PDAs, and other wireless devices. It offers IndoorGPS Driver Software that runs on the handset or mobile wireless device host processor to provide interfaces to the wireless network, handle assistance data, manage chip communications and control, and provide the location APIs for application development. Global Locate, Inc. was founded in 1999 and is headquartered in San Jose, California with offices in New Jersey; Tokyo, Japan; and Madrid, Spain. As of July 12, 2007, Global Locate, Inc. operates as a subsidiary of Broadcom Corp.

Celox Networks

Series C in 2001
Celox Networks, Inc. manufactures Internet protocol switches. The company’s SCx 192 is an Internet protocol service creation switch, which provides tools to create new revenue-generating services over existing access connections, such as traffic prioritization, traffic shaping and bandwidth management, and security across a shared Internet protocol infrastructure, as well as service level agreement performance verifications.

Luminous Networks

Series D in 2001
Luminous Networks, Inc. manufactures access network equipment for services providers to deliver shared Ethernet services.

CenterPoint Broadband Technologies

Venture Round in 2000
Centerpoint Properties is a real estate services firm specializing in industrial property and logistics. Based in San Jose, California, the company focuses on addressing the complex needs of organizations that require transportation-advantaged properties. Centerpoint leverages its expertise to enhance the effectiveness and efficiency of its clients' operations, providing tailored solutions that support their logistical and infrastructural requirements. The firm is dedicated to helping businesses optimize their industrial real estate investments, ensuring they can adapt to the evolving demands of the market.
Spot something off? Help us improve by flagging any incorrect or outdated information. Just email us at support@teaserclub.com. Your feedback is most welcome.