Hgen specializes in producing affordable green hydrogen, targeting significant reductions in carbon emissions across various industries. The company develops modular electrolyzers that facilitate the generation of green hydrogen from renewable energy sources. This technology is particularly aimed at decarbonizing challenging sectors, such as steel and ammonia production, which are traditionally difficult to address in terms of emissions. By providing accessible green hydrogen solutions, Hgen supports industries in their efforts toward deep decarbonization, contributing to a more sustainable future.
Vecna Robotics, Inc. specializes in developing and marketing autonomous mobile robots aimed at enhancing logistics and material handling. Founded in 2018 and based in Waltham, Massachusetts, the company offers a range of solutions, including automated material handling, hybrid fulfillment, and workflow optimization. Its flagship product, Pivot.al, is an AI-based orchestration engine that continuously analyzes operational states to optimize team performance. Additionally, Vecna Robotics provides Beacon, a solution that combines software updates, data analytics, and remote operations to enhance the functionality of its robots. By focusing on workflows rather than solely on robotic technology, Vecna Robotics ensures that all components of its systems work in harmony, allowing clients to adapt their processes efficiently to meet changing market demands.
Swift Solar Inc. is a company that designs and manufactures lightweight solar panels and systems, focusing on advanced solar technology. Established in 2017 and headquartered in San Carlos, California, with an additional site in Golden, Colorado, Swift Solar specializes in perovskite solar cells, which are engineered to be more efficient and cost-effective than conventional solar panels. The company’s innovative approach involves creating ultra-thin perovskite films that absorb various parts of the solar spectrum, resulting in high-efficiency tandem solar cells. These cells not only enhance solar conversion efficiency but also provide significant weight advantages, making them suitable for applications in aerospace, automotive, and building sectors. Swift Solar emphasizes domestic manufacturing and utilizes abundant raw materials to ensure scalability in its operations.
Condoit is an electrical engineering software platform that serves electrical contractors, engineers, and facility managers by offering advanced design, analysis, and collaboration tools. The platform aims to enhance the efficiency and safety of professionals who install electric vehicle chargers and solar arrays. By streamlining processes, Condoit reduces the time and potential human errors associated with circuit analysis, particularly in short circuit and arc flash evaluations. Additionally, the software enables users to predict system failures before they occur, allowing engineers and facility owners to manage short circuits effectively and affordably.
Carputty is a consumer automotive startup that specializes in providing straightforward car loan services. Founded in 2020 by Patrick Bayliss and Joshua Tatum, the company offers a flexible line of auto credit designed to simplify the financing process for customers. Utilizing a proprietary predictive valuation tool, Carputty helps clients understand the optimal times to buy and sell their vehicles, encouraging them to view their cars as valuable assets. This transparent and user-friendly approach allows customers to access auto loans with ease, whether for refinancing, purchasing, or leasing vehicles.
Fused is a framework designed to facilitate interoperability between geospatial datasets and contemporary data stack tools. It gathers data from satellites that are stored in repositories and processes it through the platform to make it usable.
Mitra Chem is a manufacturer of lithium-ion battery materials focused on innovating iron-based cathode materials to support electrification in transportation and energy storage. The company aims to transform cathodes from specialty chemicals into a versatile platform technology that enhances cell performance based on specific applications. By integrating research and development with manufacturing, Mitra Chem supplies battery materials to original equipment manufacturers and battery cell producers, converting these materials into advanced products. Additionally, the company is committed to industrializing its cathodes in facilities that comply with the Inflation Reduction Act, facilitating the mass-market adoption of its technologies.
Verity Studios AG, founded in 2014 and based in Zurich, Switzerland, specializes in the development of indoor drone systems. The company is recognized as a leader in the indoor drone market, providing innovative solutions for both the live event and logistics industries. Verity offers end-to-end drone show production services that cater to bespoke events, theatrical productions, and entertainment shows, delivering captivating aerial performances for clients such as Cirque du Soleil and Madison Square Garden. Additionally, Verity has created a commercially successful inventory tracking solution using fully autonomous indoor drones, which is deployed in warehouses to enhance operational efficiency, reduce costs, and minimize errors. Its clientele includes prominent companies like Maersk and Samsung SDS. With a commitment to sustainability, Verity’s systems also aim to lower waste and carbon emissions.
ChipFlow is an open-source semiconductor chip design platform that assists product companies in creating integrated circuits (ICs). The platform leverages artificial intelligence to automate the IC layout process, streamlining the path from design to manufacturing. It is specifically optimized for low-volume production, allowing designers to conveniently order their chips and conduct testing directly on their laptops. ChipFlow aims to simplify the chip development process, making it more accessible for engineers and businesses in need of custom semiconductor solutions.
Carputty is a consumer automotive startup that specializes in providing straightforward car loan services. Founded in 2020 by Patrick Bayliss and Joshua Tatum, the company offers a flexible line of auto credit designed to simplify the financing process for customers. Utilizing a proprietary predictive valuation tool, Carputty helps clients understand the optimal times to buy and sell their vehicles, encouraging them to view their cars as valuable assets. This transparent and user-friendly approach allows customers to access auto loans with ease, whether for refinancing, purchasing, or leasing vehicles.
Hgen specializes in producing affordable green hydrogen, targeting significant reductions in carbon emissions across various industries. The company develops modular electrolyzers that facilitate the generation of green hydrogen from renewable energy sources. This technology is particularly aimed at decarbonizing challenging sectors, such as steel and ammonia production, which are traditionally difficult to address in terms of emissions. By providing accessible green hydrogen solutions, Hgen supports industries in their efforts toward deep decarbonization, contributing to a more sustainable future.
VulcanForms Inc., founded in 2015 and located in Burlington, Massachusetts, specializes in metal additive manufacturing systems for 3D printing. The company develops a digital production system that incorporates proprietary simulation tools, in-process sensing, and machine learning algorithms to optimize and monitor the entire production process. This advanced digital manufacturing infrastructure aims to support critical industries in their innovation efforts while promoting sustainable practices. By enabling scalable industrial metal additive manufacturing, VulcanForms contributes to the growth and efficiency of various sectors.
Chain.io is a logistics integration platform that offers a cloud-based solution for digital forwarders, shippers, and software-as-a-service (SaaS) providers in the supply chain sector. The platform simplifies the integration process by enabling users to create configurable connections for various operations such as purchase orders, bookings, advanced shipment notices, and invoices through an intuitive point-and-click interface. By utilizing advanced technologies like data graphs and artificial intelligence, Chain.io streamlines the digital experience in logistics, connecting partners efficiently and ensuring that the right data is delivered to the right stakeholders at the right time. With its focus on logistics expertise, the platform integrates seamlessly into existing ecosystems, reducing complexity and enhancing operational efficiency across the supply chain.
CelLink Corporation is an innovative company focused on developing flexible conductive backplanes and circuits for power electronics, including applications in batteries, solar panels, light-emitting diodes, and wire harnessing. Founded in 2012 and based in Belmont, California, CelLink manufactures high-conductance, large-area flexible circuits designed to facilitate clean power transmission. Their products integrate essential components such as busing, fusing, and voltage and temperature monitoring into a single circuit, providing customers with efficient solutions for power and data transmission at competitive prices. By offering advanced technology in a growing market, CelLink aims to support the increasing demand for sustainable energy solutions.
Vecna Robotics, Inc. specializes in developing and marketing autonomous mobile robots aimed at enhancing logistics and material handling. Founded in 2018 and based in Waltham, Massachusetts, the company offers a range of solutions, including automated material handling, hybrid fulfillment, and workflow optimization. Its flagship product, Pivot.al, is an AI-based orchestration engine that continuously analyzes operational states to optimize team performance. Additionally, Vecna Robotics provides Beacon, a solution that combines software updates, data analytics, and remote operations to enhance the functionality of its robots. By focusing on workflows rather than solely on robotic technology, Vecna Robotics ensures that all components of its systems work in harmony, allowing clients to adapt their processes efficiently to meet changing market demands.
Sibros specializes in software-defined vehicle technology through its Deep Connected Platform™, which integrates real-time data collection, software configuration management, remote updates, and diagnostic commands. This platform adheres to essential automotive safety, security, and data privacy standards, making it adaptable for various vehicle architectures, including legacy gas and diesel models, next-generation battery electric vehicles, fuel cells, motorcycles, buses, commercial trucks, and heavy machinery. The company's innovative technology, developed in Silicon Valley, allows original equipment manufacturers (OEMs) to enhance customer experiences, achieve cost efficiencies, and explore new revenue models throughout the mobility product life cycle. Sibros' solutions enable automakers to manage their vehicle software inventory, configurations, and updates while providing insights through extensive vehicle analytics and remote command capabilities.
Karamba Security Ltd. specializes in developing cybersecurity software tailored for connected vehicles and other IoT systems. Founded in 2015 and based in Bloomfield Hills, Michigan, the company focuses on securing the electronic control units (ECUs) within vehicles, offering solutions that detect and prevent cyberattacks. Its technology safeguards the critical components of a vehicle, including telematics, infotainment, and on-board diagnostics, ensuring that only valid code operates on the controllers and protecting against unauthorized access to the Controller Area Network (CAN Bus). Karamba's patented solutions are designed to be embedded within devices, operating autonomously with minimal performance impact. The company serves automotive manufacturers and Tier-1 system providers, helping them comply with global cybersecurity regulations while maintaining efficient R&D and production processes.
Coros is a technology company that focuses on enhancing logistics through advanced systems. By integrating advanced optics, computer vision, and artificial intelligence, Coros aims to improve the efficiency and speed of supply chains. Its innovative solutions provide real-time visibility and actionable insights, allowing businesses to optimize the movement of goods at every stage of the logistics process.
Ouster, Inc. develops high-resolution digital lidar sensors and software for various applications, including autonomous vehicles, drones, mapping, defense, robotics, industrial automation, building security, smart cities, and virtual/augmented reality. Founded in 2015 and based in San Francisco, California, the company utilizes a unique all-semiconductor design to enhance its lidar technology, applying principles akin to Moore's Law to improve 3D sensing capabilities. Ouster's product offerings include both scanning and solid-state lidar sensors, catering to a diverse array of industries such as automotive and smart infrastructure. The company primarily generates revenue from the Americas, with a distribution network that spans regions including Asia, Europe, the Middle East, and Africa.
Private Equity Round in 2021
Highland Electric Transportation is a comprehensive turnkey solutions provider that delivers electric school buses (EVSB) to school districts and third-party managed fleet providers (3PMs).
Unfolded is a developer of a geospatial analytics platform that helps perform data unification, enrichment, and visualization. Their platform combines, aggregates and correlates datasets by using GPU-based browser visualization combined with a backend for massive geospatial processing, enabling organizations to combine, aggregate and correlate datasets with different boundaries.
AMP operates as an energy management solutions provider for e-mobility. Its technology underpins offerings from e-mobility pioneers and those on the verge of disrupting the market.
THE CAR INSURANCE INDUSTRY IS BROKEN They charge you more based on things that have nothing to do with how you drive. They point to gender, job title, marital status and even your credit score—which is systematically biased against vulnerable communities and has nothing to do with how you drive. They don’t want to change the system. We do. LOOP is different. We’re building fair, equitable, and affordable insurance based on how and where you drive. We put people first, treating our members with respect and dignity—making sure they can chat with an understanding person, not a frustrating bot. And as a B-Corp we’re committed to giving back and being a force for good in the world so we can uplift the communities impacted by systemic injustice. To us, that’s what it means to Drive Good.
Verity Studios AG, founded in 2014 and based in Zurich, Switzerland, specializes in the development of indoor drone systems. The company is recognized as a leader in the indoor drone market, providing innovative solutions for both the live event and logistics industries. Verity offers end-to-end drone show production services that cater to bespoke events, theatrical productions, and entertainment shows, delivering captivating aerial performances for clients such as Cirque du Soleil and Madison Square Garden. Additionally, Verity has created a commercially successful inventory tracking solution using fully autonomous indoor drones, which is deployed in warehouses to enhance operational efficiency, reduce costs, and minimize errors. Its clientele includes prominent companies like Maersk and Samsung SDS. With a commitment to sustainability, Verity’s systems also aim to lower waste and carbon emissions.
Gatik is a startup focused on developing autonomous technology for light and medium-duty trucks aimed at business-to-business short-haul logistics. Founded in 2017 and headquartered in Mountain View, California, the company specializes in artificial intelligence and automotive solutions tailored for the logistics sector. Gatik's software is designed for SAE Level 4 autonomous commercial vehicles, including trucks and vans in Classes 3 to 7. This technology facilitates middle-mile logistics, allowing customers to efficiently manage scheduled deliveries and optimize their supply chain operations.
Humatics is a developer of advanced microlocation systems that enhance how individuals and machines locate, navigate, and collaborate. Its Spatial Intelligence Platform™ combines proprietary software, hardware, and algorithms to deliver centimeter and millimeter-scale positioning accuracy, enabling users to achieve precise spatial awareness. The technology utilizes affordable radio-frequency methods to track multiple moving targets within a range of up to thirty meters, significantly surpassing the performance of existing systems at a lower cost. Humatics' systems can be interconnected to provide extensive positioning coverage suitable for various environments, from factory work cells to distribution centers. Founded in 2015 by MIT professor David Mindell and technology expert Gary Cohen, the company is headquartered in Kendall Square, Cambridge, Massachusetts, and boasts a team of specialists in radar technology, robotics, and software engineering.
Ouster, Inc. develops high-resolution digital lidar sensors and software for various applications, including autonomous vehicles, drones, mapping, defense, robotics, industrial automation, building security, smart cities, and virtual/augmented reality. Founded in 2015 and based in San Francisco, California, the company utilizes a unique all-semiconductor design to enhance its lidar technology, applying principles akin to Moore's Law to improve 3D sensing capabilities. Ouster's product offerings include both scanning and solid-state lidar sensors, catering to a diverse array of industries such as automotive and smart infrastructure. The company primarily generates revenue from the Americas, with a distribution network that spans regions including Asia, Europe, the Middle East, and Africa.
VulcanForms Inc., founded in 2015 and located in Burlington, Massachusetts, specializes in metal additive manufacturing systems for 3D printing. The company develops a digital production system that incorporates proprietary simulation tools, in-process sensing, and machine learning algorithms to optimize and monitor the entire production process. This advanced digital manufacturing infrastructure aims to support critical industries in their innovation efforts while promoting sustainable practices. By enabling scalable industrial metal additive manufacturing, VulcanForms contributes to the growth and efficiency of various sectors.
Helm.ai Inc. specializes in designing and developing artificial intelligence software solutions for autonomous navigation across various platforms, including self-driving cars, drones, and consumer robots. Established in 2016 and based in Redwood City, California, the company focuses on next-generation AI applications for advanced driver-assistance systems (ADAS) and fully autonomous driving. Helm.ai's technology employs an unsupervised learning approach, allowing for the training of neural networks without relying on extensive fleet data, simulation, or manual annotation. This innovative method aims to enhance the safety and scalability of autonomous technologies, and the company collaborates with global automakers on projects that are set for production. Helm.ai's offerings include full-stack real-time AI solutions, deep neural networks for both highway and urban driving, and development tools powered by its proprietary Deep Teaching™ technology.
Denim is a freight payment system specifically designed for freight brokers, focusing on the management of working capital, carrier payments, and back-office processes. The platform offers a suite of services, including factoring, automated invoicing, collections, and payments, aimed at simplifying operations for small freight brokers. By enhancing access to critical working capital, Denim enables these brokers to thrive in a competitive market, allowing them to concentrate on their core business activities while streamlining their financial processes.
Vecna Robotics, Inc. specializes in developing and marketing autonomous mobile robots aimed at enhancing logistics and material handling. Founded in 2018 and based in Waltham, Massachusetts, the company offers a range of solutions, including automated material handling, hybrid fulfillment, and workflow optimization. Its flagship product, Pivot.al, is an AI-based orchestration engine that continuously analyzes operational states to optimize team performance. Additionally, Vecna Robotics provides Beacon, a solution that combines software updates, data analytics, and remote operations to enhance the functionality of its robots. By focusing on workflows rather than solely on robotic technology, Vecna Robotics ensures that all components of its systems work in harmony, allowing clients to adapt their processes efficiently to meet changing market demands.
CelLink Corporation is an innovative company focused on developing flexible conductive backplanes and circuits for power electronics, including applications in batteries, solar panels, light-emitting diodes, and wire harnessing. Founded in 2012 and based in Belmont, California, CelLink manufactures high-conductance, large-area flexible circuits designed to facilitate clean power transmission. Their products integrate essential components such as busing, fusing, and voltage and temperature monitoring into a single circuit, providing customers with efficient solutions for power and data transmission at competitive prices. By offering advanced technology in a growing market, CelLink aims to support the increasing demand for sustainable energy solutions.
Robust.AI, founded by Anthony Jules in 2019 and based in San Carlos, California, develops advanced solutions that combine artificial intelligence, robotics, and human-centered design. The company has introduced its software suite, Grace, and a concept for a hardware product, Carter, aimed at enhancing interaction between humans and robots. These innovations target the warehousing industry, where a significant majority of operations remain unautomated, exacerbated by ongoing labor shortages in the global supply chain. Robust.AI's cognitive platform focuses on creating collaborative mobile robots that are context-aware, safe, and easy to implement, aiming to make robotics solutions more accessible across various sectors. By emphasizing common-sense AI and hybrid technology, the company seeks to address the challenges of robotics deployment and improve operational efficiency.
Gatik is a startup focused on developing autonomous technology for light and medium-duty trucks aimed at business-to-business short-haul logistics. Founded in 2017 and headquartered in Mountain View, California, the company specializes in artificial intelligence and automotive solutions tailored for the logistics sector. Gatik's software is designed for SAE Level 4 autonomous commercial vehicles, including trucks and vans in Classes 3 to 7. This technology facilitates middle-mile logistics, allowing customers to efficiently manage scheduled deliveries and optimize their supply chain operations.
VulcanForms Inc., founded in 2015 and located in Burlington, Massachusetts, specializes in metal additive manufacturing systems for 3D printing. The company develops a digital production system that incorporates proprietary simulation tools, in-process sensing, and machine learning algorithms to optimize and monitor the entire production process. This advanced digital manufacturing infrastructure aims to support critical industries in their innovation efforts while promoting sustainable practices. By enabling scalable industrial metal additive manufacturing, VulcanForms contributes to the growth and efficiency of various sectors.
Ike Robotics Inc., founded in 2018 and based in San Francisco, California, specializes in the development of autonomous driving technology specifically for the trucking industry. The company focuses on creating a full-stack solution that includes mechanical, electrical, and software components, integrating sensors, computers, and actuators to facilitate safe and reliable highway freight transportation. Ike aims to enhance safety in trucking, improve the value of truck drivers, and increase overall efficiency within the industry. By leveraging advanced automation technology, Ike aspires to positively impact livelihoods, create jobs, and reduce greenhouse gas emissions. As of December 2020, Ike operates as a subsidiary of Nuro, Inc.
Humatics is a developer of advanced microlocation systems that enhance how individuals and machines locate, navigate, and collaborate. Its Spatial Intelligence Platform™ combines proprietary software, hardware, and algorithms to deliver centimeter and millimeter-scale positioning accuracy, enabling users to achieve precise spatial awareness. The technology utilizes affordable radio-frequency methods to track multiple moving targets within a range of up to thirty meters, significantly surpassing the performance of existing systems at a lower cost. Humatics' systems can be interconnected to provide extensive positioning coverage suitable for various environments, from factory work cells to distribution centers. Founded in 2015 by MIT professor David Mindell and technology expert Gary Cohen, the company is headquartered in Kendall Square, Cambridge, Massachusetts, and boasts a team of specialists in radar technology, robotics, and software engineering.
VulcanForms Inc., founded in 2015 and located in Burlington, Massachusetts, specializes in metal additive manufacturing systems for 3D printing. The company develops a digital production system that incorporates proprietary simulation tools, in-process sensing, and machine learning algorithms to optimize and monitor the entire production process. This advanced digital manufacturing infrastructure aims to support critical industries in their innovation efforts while promoting sustainable practices. By enabling scalable industrial metal additive manufacturing, VulcanForms contributes to the growth and efficiency of various sectors.
Skyryse, Inc. is an air mobility company founded in 2016 and headquartered in El Segundo, California. The company specializes in the development of helicopters and aircraft, targeting sectors such as emergency services, public transport, and urban planning. Skyryse has created a comprehensive hardware and software operating system known as FlightOS. This system provides a unified interface for pilots, allowing them to operate various types of aircraft, both rotorcraft and fixed-wing, using the same controls. By significantly reducing pilot fatigue and complexity, FlightOS enhances flight safety and improves emergency management. With just a few hours of training, any pilot can effectively fly any aircraft, whether from the cockpit or remotely, making aviation more accessible and efficient.
Wise Systems Inc. develops autonomous dispatch and routing software that enhances delivery efficiency for various industries, including food, beverage, courier, energy, and field service. Founded in 2014 and based in Cambridge, Massachusetts, the company leverages machine learning algorithms to optimize last-mile operations. Its platform includes tools such as Scheduler, which dynamically creates and dispatches optimized route plans; Dispatcher, which allows managers to monitor delivery progress and driver performance; and Customer Portal, enabling recipients to track their orders with real-time ETAs. Wise Systems also offers Smart Reservation Management, allowing customers to select their preferred delivery times. Clients typically experience significant benefits, including reductions in mileage and late deliveries, as well as increased fleet utilization. The software processes millions of data points to make real-time decisions, facilitating efficient transportation operations while reducing costs.
Tomorrow.io operates a weather intelligence platform that delivers real-time, location-specific forecasts tailored to various industries affected by weather conditions. Utilizing advanced technologies such as wireless signals, connected vehicles, satellite communications, and traditional meteorological data, the platform provides accurate and customizable weather information. This enables clients, including notable organizations like the NFL, Uber, and Delta, to enhance operational efficiency, streamline communication, and optimize decision-making processes in response to weather challenges. Tomorrow.io's services are designed to improve productivity and profit margins across diverse sectors, with a presence in North America, Latin America, Europe, and Asia.
Cargo Systems is the creators of Cargo, the in-car service that allows rideshare passengers to order products on their phone, without downloading an app. Founded in 2016 by former Birchbox employees, Cargo launched in New York and Boston with thousands of driver signups in 49 states. Cargo works directly with rideshare companies, drivers and brand partners to distribute a variety of products to passengers in-car. A Techstars alumnus, Cargo is venture-backed by Techstars Ventures, Fontinalis Partners, Detroit Venture Partners, Rosecliff Capital.
Humatics is a developer of advanced microlocation systems that enhance how individuals and machines locate, navigate, and collaborate. Its Spatial Intelligence Platform™ combines proprietary software, hardware, and algorithms to deliver centimeter and millimeter-scale positioning accuracy, enabling users to achieve precise spatial awareness. The technology utilizes affordable radio-frequency methods to track multiple moving targets within a range of up to thirty meters, significantly surpassing the performance of existing systems at a lower cost. Humatics' systems can be interconnected to provide extensive positioning coverage suitable for various environments, from factory work cells to distribution centers. Founded in 2015 by MIT professor David Mindell and technology expert Gary Cohen, the company is headquartered in Kendall Square, Cambridge, Massachusetts, and boasts a team of specialists in radar technology, robotics, and software engineering.
Verity Studios AG, founded in 2014 and based in Zurich, Switzerland, specializes in the development of indoor drone systems. The company is recognized as a leader in the indoor drone market, providing innovative solutions for both the live event and logistics industries. Verity offers end-to-end drone show production services that cater to bespoke events, theatrical productions, and entertainment shows, delivering captivating aerial performances for clients such as Cirque du Soleil and Madison Square Garden. Additionally, Verity has created a commercially successful inventory tracking solution using fully autonomous indoor drones, which is deployed in warehouses to enhance operational efficiency, reduce costs, and minimize errors. Its clientele includes prominent companies like Maersk and Samsung SDS. With a commitment to sustainability, Verity’s systems also aim to lower waste and carbon emissions.
Verity Studios AG, founded in 2014 and based in Zurich, Switzerland, specializes in the development of indoor drone systems. The company is recognized as a leader in the indoor drone market, providing innovative solutions for both the live event and logistics industries. Verity offers end-to-end drone show production services that cater to bespoke events, theatrical productions, and entertainment shows, delivering captivating aerial performances for clients such as Cirque du Soleil and Madison Square Garden. Additionally, Verity has created a commercially successful inventory tracking solution using fully autonomous indoor drones, which is deployed in warehouses to enhance operational efficiency, reduce costs, and minimize errors. Its clientele includes prominent companies like Maersk and Samsung SDS. With a commitment to sustainability, Verity’s systems also aim to lower waste and carbon emissions.
Zagster Inc. specializes in designing, building, and operating bike-sharing programs for various entities, including universities, corporate campuses, hotels, and residential communities across North America. Founded in 2007 and headquartered in Cambridge, Massachusetts, the company provides a comprehensive bike-sharing solution that encompasses system design, installation, sharing technology, maintenance, and rider support services. Zagster's mobile application allows users to unlock, ride, and return bikes conveniently, enhancing accessibility to biking as a form of transportation. The company also offers services for shared scooters and electric bikes, catering to communities of all sizes and aiming to promote biking as a preferred mode of transport.
Cargo Systems is the creators of Cargo, the in-car service that allows rideshare passengers to order products on their phone, without downloading an app. Founded in 2016 by former Birchbox employees, Cargo launched in New York and Boston with thousands of driver signups in 49 states. Cargo works directly with rideshare companies, drivers and brand partners to distribute a variety of products to passengers in-car. A Techstars alumnus, Cargo is venture-backed by Techstars Ventures, Fontinalis Partners, Detroit Venture Partners, Rosecliff Capital.
Ouster, Inc. develops high-resolution digital lidar sensors and software for various applications, including autonomous vehicles, drones, mapping, defense, robotics, industrial automation, building security, smart cities, and virtual/augmented reality. Founded in 2015 and based in San Francisco, California, the company utilizes a unique all-semiconductor design to enhance its lidar technology, applying principles akin to Moore's Law to improve 3D sensing capabilities. Ouster's product offerings include both scanning and solid-state lidar sensors, catering to a diverse array of industries such as automotive and smart infrastructure. The company primarily generates revenue from the Americas, with a distribution network that spans regions including Asia, Europe, the Middle East, and Africa.
Tomorrow.io operates a weather intelligence platform that delivers real-time, location-specific forecasts tailored to various industries affected by weather conditions. Utilizing advanced technologies such as wireless signals, connected vehicles, satellite communications, and traditional meteorological data, the platform provides accurate and customizable weather information. This enables clients, including notable organizations like the NFL, Uber, and Delta, to enhance operational efficiency, streamline communication, and optimize decision-making processes in response to weather challenges. Tomorrow.io's services are designed to improve productivity and profit margins across diverse sectors, with a presence in North America, Latin America, Europe, and Asia.
Sweet offers a streamlined solution for consumers looking to reduce their mobile phone expenses without compromising on coverage. The company identifies potential savings for users, with many customers averaging over $300 in annual savings. Sweet simplifies the process of switching carriers, allowing customers to sign up quickly while handling the complexities of carrier negotiations on their behalf. The platform prioritizes user privacy and security, employing advanced encryption to protect personal information. By collaborating with major wireless providers, Sweet ensures nationwide coverage and reliable service. The company is supported by experienced entrepreneurs from well-known firms, further enhancing its credibility in the telecommunications market.
We are on a mission to transform the Internet of Things into the Internet of Intelligent Things. Our AI software runs directly on edge devices, enabling them to create valuable situational insight without expensive hardware or cloud uploads
Humatics is a developer of advanced microlocation systems that enhance how individuals and machines locate, navigate, and collaborate. Its Spatial Intelligence Platform™ combines proprietary software, hardware, and algorithms to deliver centimeter and millimeter-scale positioning accuracy, enabling users to achieve precise spatial awareness. The technology utilizes affordable radio-frequency methods to track multiple moving targets within a range of up to thirty meters, significantly surpassing the performance of existing systems at a lower cost. Humatics' systems can be interconnected to provide extensive positioning coverage suitable for various environments, from factory work cells to distribution centers. Founded in 2015 by MIT professor David Mindell and technology expert Gary Cohen, the company is headquartered in Kendall Square, Cambridge, Massachusetts, and boasts a team of specialists in radar technology, robotics, and software engineering.
FreshCar operates a platform that offers car subscription services, enabling customers to access vehicles on a monthly basis without the traditional burdens of ownership such as down payments, insurance, or maintenance costs. The company specializes in advanced software solutions designed for vehicle subscriptions, which it provides to auto retailers, original equipment manufacturers (OEMs), and fleet operators. This software allows auto dealerships to launch and manage their own car subscription offerings effectively. In addition to its software services, FreshCar also offers strategic consulting on subscription models to automotive companies. Founded in 2016 and based in Ann Arbor, Michigan, FreshCar was previously known as Carma Car Inc. before rebranding in April 2018.
Stae is a company focused on enhancing the capabilities of cities through a digital infrastructure platform that centralizes access to civic data. By partnering with local governments, Stae improves data-sharing workflows and enables better decision-making for city managers and workers. The platform integrates and manages diverse data sources, creating real-time feeds that allow for actionable insights. This approach not only supports compliance and procurement but also fosters innovation and performance within municipalities, ultimately giving cities a competitive edge in the management of their resources and services.
Karamba Security Ltd. specializes in developing cybersecurity software tailored for connected vehicles and other IoT systems. Founded in 2015 and based in Bloomfield Hills, Michigan, the company focuses on securing the electronic control units (ECUs) within vehicles, offering solutions that detect and prevent cyberattacks. Its technology safeguards the critical components of a vehicle, including telematics, infotainment, and on-board diagnostics, ensuring that only valid code operates on the controllers and protecting against unauthorized access to the Controller Area Network (CAN Bus). Karamba's patented solutions are designed to be embedded within devices, operating autonomously with minimal performance impact. The company serves automotive manufacturers and Tier-1 system providers, helping them comply with global cybersecurity regulations while maintaining efficient R&D and production processes.
VoyHoy is an online booking platform based in Santiago, Chile, that allows travelers to compare and purchase tickets for various modes of transportation, including buses, planes, trains, ferries, and rideshares. Founded in 2014, VoyHoy aims to help users save time and money by providing a comprehensive comparison of prices from multiple sources. The platform's multi-modal booking system enables customers to easily find and secure the best travel deals available, streamlining the process of planning and booking their journeys across Latin America.
Donut Media is a digital media company that focuses on creating content for automotive enthusiasts. Using proprietary tech and a curated network of influencers, Donut Media creates and distributes native car content across social channels. It has built an innovative, data-backed process for creating highly shareable automotive video content. The company was founded in 2015, based in Los Angeles, California.
Cargo Systems is the creators of Cargo, the in-car service that allows rideshare passengers to order products on their phone, without downloading an app. Founded in 2016 by former Birchbox employees, Cargo launched in New York and Boston with thousands of driver signups in 49 states. Cargo works directly with rideshare companies, drivers and brand partners to distribute a variety of products to passengers in-car. A Techstars alumnus, Cargo is venture-backed by Techstars Ventures, Fontinalis Partners, Detroit Venture Partners, Rosecliff Capital.
Karamba Security Ltd. specializes in developing cybersecurity software tailored for connected vehicles and other IoT systems. Founded in 2015 and based in Bloomfield Hills, Michigan, the company focuses on securing the electronic control units (ECUs) within vehicles, offering solutions that detect and prevent cyberattacks. Its technology safeguards the critical components of a vehicle, including telematics, infotainment, and on-board diagnostics, ensuring that only valid code operates on the controllers and protecting against unauthorized access to the Controller Area Network (CAN Bus). Karamba's patented solutions are designed to be embedded within devices, operating autonomously with minimal performance impact. The company serves automotive manufacturers and Tier-1 system providers, helping them comply with global cybersecurity regulations while maintaining efficient R&D and production processes.
Founded by a group of noted scientists and leading machine learning pioneers, the team at Geometric Intelligence is redefining the boundaries of machine learning through innovative, patent-pending techniques that learn more efficiently from less data.
Elementum SCM, Inc. is a company that specializes in developing applications for supply chain management, aimed at simplifying procurement, logistics, and manufacturing operations. Founded in 2012 and based in Mountain View, California, Elementum offers a suite of mobile-first applications that include tools for supplier management, logistics, shop floor monitoring, inventory management, and supply chain insights. The company's platform utilizes a unique product graph to analyze vast amounts of data, providing businesses with actionable insights and early warning signals to address potential disruptions. By serving professionals in logistics, operations, procurement, and risk management, Elementum enables companies to enhance their supply chain efficiency and proactively manage risks and performance indicators.
HAAS Alert is a prominent provider of mobility and smart city data services focused on enhancing safety for emergency crews, drivers, and the general public through Cellular Vehicle-to-Vehicle (V2V) communication. The company's Safety Cloud delivers real-time data that connects first responders and various fleets with motorists and autonomous vehicles, helping to prevent collisions and minimize traffic delays. HAAS Alert's platform issues preemptive notifications to drivers, alerting them to the approach of emergency vehicles via their car dashboards or smartphones. Additionally, the service supports smart city initiatives by providing valuable traffic information to government officials, aiding in infrastructure planning and real-time traffic management. HAAS Alert collaborates with the U.S. Department of Homeland Security on innovative safety solutions and has garnered support from notable safety organizations.
Acerta Analytics Inc. specializes in machine intelligence solutions that analyze raw machine data to facilitate informed decision-making, particularly in the automotive sector. The company's flagship product, Acerta CHECK, employs statistical methods, data mining algorithms, and machine learning techniques to identify critical issues and anomalies in machine behavior. By assisting automotive manufacturers, including original equipment manufacturers and parts suppliers, Acerta helps improve quality control, reduce defects, and accelerate the market readiness of complex products. Additionally, the company's technology is applicable in aerospace for aircraft health management. Acerta's analytics platform empowers manufacturers to detect early signs of potential product failures, enhance root cause analysis, minimize scrap and rework, and continuously refine their processes. Founded in 2014 and based in Waterloo, Canada, Acerta is committed to transforming quality control through advanced artificial intelligence.
GoKid Corporation develops mobile applications focused on carpooling solutions for schools, teams, and families in the United States. The company's offerings include the GoKid Carpool app, which allows parents to organize and manage carpools within their trusted networks of friends, family, and neighbors. Key features of the app encompass GPS-based car tracking, live mapping, in-app messaging, and automated alerts for departure times and arrivals. GoKid also provides GoKid Connect, a web portal and mobile application that connects schools and parents to streamline communication regarding transportation. Founded in 2016 and headquartered in New York, with an additional office in Detroit, GoKid aims to facilitate safe and efficient transportation options for families, enhancing community engagement and collaboration.
BraiQ, Inc., founded in 2016 and based in New York, develops artificial intelligence software aimed at personalizing the automated driving experience in autonomous vehicles. The company focuses on teaching AI to understand human emotions, which enhances the ride experience by increasing passenger comfort and trust in automated driving technology. By connecting AI with human emotional responses, BraiQ aims to create a more tailored and engaging journey for users in self-driving cars.
nuTonomy is an MIT spin-off that builds state-of-the art self-driving cars and autonomous mobile robots. They are working with major automotive manufacturers and small, disruptive startups to reinvent personal mobility for the twenty-first century.
VoyHoy is an online booking platform based in Santiago, Chile, that allows travelers to compare and purchase tickets for various modes of transportation, including buses, planes, trains, ferries, and rideshares. Founded in 2014, VoyHoy aims to help users save time and money by providing a comprehensive comparison of prices from multiple sources. The platform's multi-modal booking system enables customers to easily find and secure the best travel deals available, streamlining the process of planning and booking their journeys across Latin America.
TransLoc Inc. specializes in providing real-time information and technology solutions for transit systems in municipalities and universities. Founded in 2004 and headquartered in Raleigh, North Carolina, the company offers a range of services including real-time interactive maps, fleet management reports, and arrival predictions. Its platform allows riders to access routes, schedules, and live bus locations through various applications and web interfaces. TransLoc also provides additional solutions such as IVR systems, hardware, smart signage, and flexible APIs to enhance public transit operations. The company aims to make public transit the first choice for community travel by developing innovative technologies that improve accessibility and efficiency in mobility. As of early 2018, TransLoc operates as a subsidiary of Ford Smart Mobility LLC.
Low-cost, self-powered ocean surface drones, deployed in fleets that form an intelligent sensor network to collect and transmit marine data
Our transportation system is evolving. Car ownership in urban centers is peaking and consumers are increasingly choosing on-demand and shared ride services over driving themselves. At the same time, commercial and on-demand fleets are becoming increasingly reliant on mobile technology, and autonomous cars are making the move from science fiction to reality. As miles driven shift away from personal vehicles to commercial or shared fleets, a new framework is required for addressing safety. Zendrive is leading the evolution of safety in an era of transportation innovation and mobile ubiquity. We are dedicated to making roads safer through data and analytics. Through our product suite, we leverage mobile sensor data to provide actionable insights that improve safety for passengers and drivers worldwide.
nuTonomy is an MIT spin-off that builds state-of-the art self-driving cars and autonomous mobile robots. They are working with major automotive manufacturers and small, disruptive startups to reinvent personal mobility for the twenty-first century.
Sweet offers a streamlined solution for consumers looking to reduce their mobile phone expenses without compromising on coverage. The company identifies potential savings for users, with many customers averaging over $300 in annual savings. Sweet simplifies the process of switching carriers, allowing customers to sign up quickly while handling the complexities of carrier negotiations on their behalf. The platform prioritizes user privacy and security, employing advanced encryption to protect personal information. By collaborating with major wireless providers, Sweet ensures nationwide coverage and reliable service. The company is supported by experienced entrepreneurs from well-known firms, further enhancing its credibility in the telecommunications market.
Home Service Concierge platform designed to help Service Pros and Consumers Search, Match, Chat, Hire and Pay.
In todays battery-centric world, lithium-ion dominates the marketplace with billions and billions of cells sold every year. However, as applications continue to demand more and more energy from their batteries, a way to safely increase energy density has so far proven to be difficult. At Elegus Technologies, we are commercializing a lithium-ion battery separator that allows battery manufacturers to increase their energy density without compromising safety. With technology stemming from multi-year, multi-million dollar research at the University of Michigan, they believe their separator is capable enough to solve the problems stemming from dendrite growth and thinness constraints. As the battery landscape continues to change, and next-generation materials continue their evolution, they believe their separator material will continue solving the problems facing multiple chemistries and applications. They at Elegus pride theirselves on the values of innovation and creativity that helped originally bring this product from the lab to commercial viability, and were excited to provide high-performance separators for the battery challenges of today and beyond.
Revio is a telematics hardware platform that uses connected devices to make power sports safer and more secure.
Zagster Inc. specializes in designing, building, and operating bike-sharing programs for various entities, including universities, corporate campuses, hotels, and residential communities across North America. Founded in 2007 and headquartered in Cambridge, Massachusetts, the company provides a comprehensive bike-sharing solution that encompasses system design, installation, sharing technology, maintenance, and rider support services. Zagster's mobile application allows users to unlock, ride, and return bikes conveniently, enhancing accessibility to biking as a form of transportation. The company also offers services for shared scooters and electric bikes, catering to communities of all sizes and aiming to promote biking as a preferred mode of transport.
DriveShare operates an online platform that connects classic and exotic car owners with qualified renters, allowing enthusiasts to offset their car ownership costs. The service caters specifically to those seeking unique vehicles, offering a diverse selection ranging from vintage classics to high-end sports cars. Each rental includes up to $1 million in insurance protection and access to a specialized roadside assistance program tailored for classic and exotic vehicles. DriveShare aims to make these remarkable cars accessible to a broader audience while ensuring a secure and enjoyable rental experience. The platform is free to join, eliminating any costly membership fees for users.
Sweet offers a streamlined solution for consumers looking to reduce their mobile phone expenses without compromising on coverage. The company identifies potential savings for users, with many customers averaging over $300 in annual savings. Sweet simplifies the process of switching carriers, allowing customers to sign up quickly while handling the complexities of carrier negotiations on their behalf. The platform prioritizes user privacy and security, employing advanced encryption to protect personal information. By collaborating with major wireless providers, Sweet ensures nationwide coverage and reliable service. The company is supported by experienced entrepreneurs from well-known firms, further enhancing its credibility in the telecommunications market.
Wise Systems Inc. develops autonomous dispatch and routing software that enhances delivery efficiency for various industries, including food, beverage, courier, energy, and field service. Founded in 2014 and based in Cambridge, Massachusetts, the company leverages machine learning algorithms to optimize last-mile operations. Its platform includes tools such as Scheduler, which dynamically creates and dispatches optimized route plans; Dispatcher, which allows managers to monitor delivery progress and driver performance; and Customer Portal, enabling recipients to track their orders with real-time ETAs. Wise Systems also offers Smart Reservation Management, allowing customers to select their preferred delivery times. Clients typically experience significant benefits, including reductions in mileage and late deliveries, as well as increased fleet utilization. The software processes millions of data points to make real-time decisions, facilitating efficient transportation operations while reducing costs.
SPLT is an enterprise-first carpooling and car sharing platform that connects employees within organizations to share their commute, saving time and money while reducing traffic congestion and lowering CO2 emissions.
Lyft is a transportation company that operates a mobile application designed to connect drivers with passengers seeking rides. Founded in 2013, it has become the second-largest ride-sharing service provider in the United States and Canada. The Lyft app allows users to request various types of rides, including private, shared, and luxury options, while also facilitating payment. In addition to ride-sharing, Lyft has expanded its services to include bike and scooter-sharing, promoting multimodal transportation solutions. The company primarily focuses on serving college, university, and corporate communities, and it enables riders to schedule rides up to seven days in advance.
Our transportation system is evolving. Car ownership in urban centers is peaking and consumers are increasingly choosing on-demand and shared ride services over driving themselves. At the same time, commercial and on-demand fleets are becoming increasingly reliant on mobile technology, and autonomous cars are making the move from science fiction to reality. As miles driven shift away from personal vehicles to commercial or shared fleets, a new framework is required for addressing safety. Zendrive is leading the evolution of safety in an era of transportation innovation and mobile ubiquity. We are dedicated to making roads safer through data and analytics. Through our product suite, we leverage mobile sensor data to provide actionable insights that improve safety for passengers and drivers worldwide.
Telogis is a provider of a cloud-based Mobile Enterprise Management (MEM) software platform tailored for companies needing efficient management of mobile workforces. Founded in 2001 and headquartered in Aliso Viejo, California, the company offers solutions that include dynamic routing, real-time work order management, navigation, telematics, and mobile integration services. Telogis aims to enhance driver safety and efficiency while minimizing the environmental impact of commercial vehicles. With development and support centers across Australia, New Zealand, Latin America, Europe, and North America, the company's products and services are utilized in over 100 countries worldwide, reflecting its global reach and commitment to innovation.
Streetline builds solutions to longstanding problems in city management and operations, through the customized design and application of new sensing technologies. Our parking management system offers cities the first real control and oversight of their complex inventory of on- and off-street spaces, and forms the backbone for other sensing solutions that lower city costs and improve public services.
QuickPay was founded in 2010 with a vision to leverage trends in mobile technology to remove the pain and hassle of finding, accessing, and paying for parking and transportation. Their revolutionary QP QuickPay mobile parking platform offers users one mobile parking application that works across all parking environments — drivers can even raise parking gates using their mobile phones — and gives parking owners and operators an efficient way to enable mobile parking across all their assets with a single integrated solution. Today drivers can use QP QuickPay and a mobile phone to find and pay for parking at hundreds of locations across the U.S., with new locations being added continually.
Masabi Limited specializes in mobile ticketing and fare collection solutions for public transport systems in the United Kingdom and globally. The company offers the JustRide platform, a comprehensive cloud-based system that facilitates ticket purchasing, display, and inspection, along with backend infrastructure for secure payments, ticket management, and real-time analytics. JustRide includes customer apps for ticket sales and management, a Hub for reporting and administration, and an Inspect tool for validating tickets using common devices. Additionally, the Web Sales Portal allows transport providers to integrate ticketing into their websites, while the Software Development Kit supports further customization for the transport industry. With operations across various transport agencies worldwide, Masabi aims to enhance passenger convenience by eliminating physical ticketing challenges. Founded in 2001 and headquartered in London, the company also has offices in New York and Boston.
ParkMobile USA, Inc. specializes in developing mobile payment solutions for parking, catering to both on-street and off-street needs across the United States. The company provides a mobile application compatible with various devices, allowing users to pay for parking seamlessly without needing traditional meters or kiosks. Its offerings include features such as in-app QR codes for gated facility access, a management platform called ParkMobile 360 for optimizing parking inventory and real-time rate management, and an online permit system for automating parking applications and approvals. Additionally, ParkMobile facilitates payments through the internet and a toll-free number. Established in 2008 and headquartered in Atlanta, Georgia, ParkMobile operates as a subsidiary of Parkmobile Group B.V. and has partnered with TIBA Parking Systems to enhance its services.
Streetline builds solutions to longstanding problems in city management and operations, through the customized design and application of new sensing technologies. Our parking management system offers cities the first real control and oversight of their complex inventory of on- and off-street spaces, and forms the backbone for other sensing solutions that lower city costs and improve public services.
ParkMe, Inc. specializes in delivering real-time and static parking data to various stakeholders, including navigation companies, municipalities, parking operators, and consumers. Founded in 2009 and based in Santa Monica, California, the company offers a comprehensive database that encompasses parking spaces worldwide, accessible through GPS systems, in-car navigation, and its mobile applications across multiple platforms. ParkMe's services enable users to find parking options based on their preferences for cost or proximity to their destination, providing essential details such as parking rates, hours of operation, payment methods, and real-time occupancy information. As a subsidiary of INRIX, Inc., ParkMe continues to enhance its offerings by leveraging partnerships with app developers, map makers, and GPS navigation providers.
QuickPay was founded in 2010 with a vision to leverage trends in mobile technology to remove the pain and hassle of finding, accessing, and paying for parking and transportation. Their revolutionary QP QuickPay mobile parking platform offers users one mobile parking application that works across all parking environments — drivers can even raise parking gates using their mobile phones — and gives parking owners and operators an efficient way to enable mobile parking across all their assets with a single integrated solution. Today drivers can use QP QuickPay and a mobile phone to find and pay for parking at hundreds of locations across the U.S., with new locations being added continually.
Wheelz (www.wheelz.com) is an early stage, venture backed start-up that is introducing a better approach to personal transportation and car ownership. Wheelz peer-to-peer car sharing platform provides a compelling economic opportunity for car owners to securely lease their vehicles on an hourly or daily basis, and a convenient and affordable personal transportation solution for those who don’t own a car. Cars are the second largest personal asset class on the American balance sheet. They are chronically under-utilized -- most vehicles are parked 23 of 24 hours daily --; and they begin losing value the minute they drive off the lot. The current model – high-value, rapidly depreciating, poorly utilized – of car ownership is busted. Wheelz is un-busting it; introducing a more efficient model of car ownership, a model that is more responsible for the planet and the pocketbook.