Cavnue develops road development systems optimized for autonomous and connected vehicles, designing the physical, digital, coordination, and operational infrastructure needed to accelerate the adoption of next-generation mobility. It analyzes and optimizes real-time road conditions, shares information across platforms, and provides proactive guidance to vehicles and drivers to improve access to affordable, high-quality public transit and shared mobility. The company is advancing a first-of-its-kind connected corridor in Michigan to demonstrate safer, less congested, and more sustainable transportation.
Redwood Materials
Corporate Round in 2021
Redwood Materials, Inc. is a Nevada-based company focused on advancing sustainable battery recycling technologies to create a circular supply chain for lithium-ion batteries. Founded by JB Straubel in 2017, Redwood specializes in the recycling and processing of end-of-life batteries and electronics to recover critical materials such as lithium, nickel, cobalt, copper, and various metals. The company currently receives approximately 10 GWh of used batteries annually and aims to scale its production of anode and cathode materials to 100 GWh by 2025, sufficient for manufacturing over one million electric vehicles each year. By providing environmentally sound solutions for recycling and refining, Redwood supports industries including electric vehicles, renewable energy storage, and consumer electronics, thereby contributing to a reduction in the environmental impact of battery production and usage.
Rivian
Private Equity Round in 2021
Rivian Automotive, LLC is an automotive technology company that specializes in the development and manufacturing of electric adventure vehicles. Founded in 2009 by Robert J. Scaringe, the company is headquartered in Plymouth, Michigan, with additional facilities across multiple locations, including California, Illinois, the United Kingdom, and Canada. Rivian's primary offerings include the R1T, a five-passenger electric pickup truck, and the R1S, a seven-passenger electric sport utility vehicle. The company aims to advance sustainable mobility by creating innovative electric vehicles that redefine traditional automotive economics while providing a comfortable and eco-friendly driving experience.
Electriphi
Acquisition in 2021
Electriphi, Inc. is a technology company specializing in fleet and energy management solutions aimed at facilitating the transition from conventional to electric vehicle fleets. Founded in 2018 and headquartered in San Francisco, California, with an additional office in San Jose, Electriphi offers a comprehensive platform that includes a Fleet Electrification Planning Tool. This tool provides fleet managers, energy utilities, and planning teams with in-depth analyses of energy costs, infrastructure needs, and environmental impacts tailored to specific fleet characteristics. The company's software utilizes artificial intelligence and machine learning to optimize charging schedules, telematics, and routes for light, medium, and heavy-duty commercial fleets. By implementing managed charging strategies, Electriphi helps clients significantly reduce operational and infrastructure costs while ensuring the operational readiness of their electric vehicles.
Solid Power
Series B in 2021
Founded in 2011, Solid Power develops solid-state rechargeable batteries for electric vehicles and portable electronics. Its batteries contain no volatile or flammable liquid components, offering high energy density, ultimate safety, and reliability.
Founded in 2016, Motorq is a cloud-based software company that enables enterprises like fleets, insurance companies, and governments to access connected vehicle data and analytics at scale. This empowers them to improve operations, expand services, and future-proof their vehicle data strategy.
Solid Power
Series A in 2020
Founded in 2011, Solid Power develops solid-state rechargeable batteries for electric vehicles and portable electronics. Its batteries contain no volatile or flammable liquid components, offering high energy density, ultimate safety, and reliability.
Phantom AI
Series A in 2020
Phantom AI, Inc. is a technology company based in Burlingame, California, focused on developing advanced driver-assistance systems (ADAS) for autonomous vehicles. Founded in 2016, the company offers a range of innovative solutions, including PhantomVision, a deep learning-based computer vision system that supports the detection of vehicles, pedestrians, cyclists, and traffic signals. Additionally, Phantom AI provides PhantomFusion, a sensor fusion platform that integrates data from various sensors like cameras, radar, LiDAR, and ultrasonic devices to create a comprehensive environmental model. The company also features PhantomDrive, a vehicle control solution that ensures safe and natural vehicle movement by accurately predicting the motion of detected objects. By delivering high-performance AI solutions at a competitive price, Phantom AI aims to democratize access to ADAS technology, ultimately enhancing safety and driving enjoyment while laying the groundwork for future self-driving capabilities.
Rivian
Private Equity Round in 2019
Rivian Automotive, LLC is an automotive technology company that specializes in the development and manufacturing of electric adventure vehicles. Founded in 2009 by Robert J. Scaringe, the company is headquartered in Plymouth, Michigan, with additional facilities across multiple locations, including California, Illinois, the United Kingdom, and Canada. Rivian's primary offerings include the R1T, a five-passenger electric pickup truck, and the R1S, a seven-passenger electric sport utility vehicle. The company aims to advance sustainable mobility by creating innovative electric vehicles that redefine traditional automotive economics while providing a comfortable and eco-friendly driving experience.
One Stop Wellness
Grant in 2019
One Stop Wellness is a digital platform that encourages employees to embrace healthier lifestyles. It tracks chronic health risks and provides personalized guidance to enhance overall wellbeing, helping companies improve employee health and reduce healthcare costs.
CelLink designs and manufactures high-conductance, large-area flexible circuits and backplanes for power electronics and solar applications. The company develops flexible conductive backplanes that integrate busing, fusing, voltage and temperature monitoring into a single circuit, enabling efficient power and data transmission. Based in Belmont, California, CelLink serves applications including batteries, LEDs, wire harnessing, and solar cells, aiming to provide reliable, scalable power-management solutions at an affordable price.
Quantum Signal
Acquisition in 2019
Quantum Signal LLC is an engineering company based in Saline, Michigan, specializing in product design, consulting, and research and development services. Founded in 1999, the company focuses on algorithmic techniques for intelligent sensing, data analysis, and visualization, creating tailored solutions for various sectors. Quantum Signal develops mobile robotics and autonomous systems, serving applications in defense, automotive, consumer products, and manufacturing. Additionally, the company provides modeling and simulation solutions, including interactive tools for engineering and training purposes. It also engages in strategic programs aimed at developing new products and technologies to address industry needs. As of July 2019, Quantum Signal operates as a subsidiary of Ford Motor Company.
Rivian
Corporate Round in 2019
Rivian Automotive, LLC is an automotive technology company that specializes in the development and manufacturing of electric adventure vehicles. Founded in 2009 by Robert J. Scaringe, the company is headquartered in Plymouth, Michigan, with additional facilities across multiple locations, including California, Illinois, the United Kingdom, and Canada. Rivian's primary offerings include the R1T, a five-passenger electric pickup truck, and the R1S, a seven-passenger electric sport utility vehicle. The company aims to advance sustainable mobility by creating innovative electric vehicles that redefine traditional automotive economics while providing a comfortable and eco-friendly driving experience.
SAIPS
Corporate Round in 2018
SAIPS specializes in the design, development, and implementation of advanced algorithmic engines grounded in deep learning and reinforcement learning. The company offers a portfolio of algorithmic suites that address complex computer vision challenges, including detection, tracking, image enhancement, segmentation, and video intelligence, among others. By providing innovative and cost-effective solutions, SAIPS helps its clients overcome technological and business obstacles. Its clientele spans various industries, including aerospace, medical, semiconductors, mobile, sports, gaming, and retail. The majority of SAIPS engineers are graduates of elite military units and possess over a decade of experience in developing and managing intricate algorithmic systems. This expertise enables SAIPS to deliver high-quality solutions with exceptional execution.
Desktop Metal
Series D in 2018
Desktop Metal is a global developer and manufacturer of additive manufacturing technologies, materials, and software for industrial production. The company offers a range of metal 3D printing systems, including the Production System for high-volume manufacturing, the Shop System for machine shops, the Studio System for office environments, and the Fiber printer for desktop use. It supplies materials and software that support metal, polymer, sand, and ceramic applications, enabling on-demand, digital mass production with improved speed, cost efficiency, and part quality. Desktop Metal serves automotive, aerospace, healthcare, consumer products, heavy industry, machine design, and research and development customers and operates worldwide from headquarters in Burlington, Massachusetts.
Zoomcar is a leading car-sharing marketplace operating primarily in emerging markets, with over 20,000 cars available on its technology-driven platform across India, Southeast Asia, and Egypt. The company enables host entrepreneurs to share their vehicles safely and easily, generating additional passive income. Guests benefit from a wide range of affordable cars for memorable driving experiences. Founded in 2013 and based in Bengaluru, India, Zoomcar employs over 300 people and serves 50 cities across India, Indonesia, Vietnam, and Egypt. Uri Levine, co-founder of mobility companies Waze and Moovit, is the Chairman of the Board. The company's revenue comes mainly from short-term self-drive rentals and vehicle subscriptions, with a significant portion derived from its operations in India.
MCity
Venture Round in 2017
MCity is an autonomous vehicle research center located on the University of Michigan campus in Ann Arbor, Michigan. It serves as a unique testing facility that integrates early-stage research, real-world testing, and on-road vehicle deployments. MCty brings together industry, government, and academia to collaborate on advancements in transportation, focusing on enhancing safety, sustainability, and accessibility. The center is home to renowned researchers and provides an innovative urban environment for testing new mobility technologies, aiming to benefit society as a whole.
AutoFi, Inc. is a San Francisco-based company that operates an online auto finance platform aimed at simplifying the vehicle purchasing and financing process for consumers. Founded in 2015, AutoFi provides an e-commerce software solution that enables first-time car buyers to complete the entire car buying experience online. The platform seamlessly connects customers of auto dealerships to a network of lenders, allowing for an automated application and approval process. Users can select financing and leasing terms, estimate trade-in values, choose rebates, and schedule appointments, all within a mobile-first environment. By delivering instant, customized financing decisions, AutoFi enhances the vehicle buying experience, making it efficient and hassle-free for consumers.
Breeze
Acquisition in 2017
Breeze Labs, Inc. is an online platform that allows users to earn income through on-demand car services. Founded in 2013 and based in San Francisco, the company initially focused on providing fleet management technology to modernize car ownership, making it more flexible and accessible. Although Breeze launched its services in 2014 and expanded its operations to several major cities, including Los Angeles, Seattle, Chicago, Washington, and Boston, it suspended operations as of July 2016 and is no longer accepting new customers for its leasing platform.
Argo AI
Funding Round in 2017
Argo AI, LLC is an artificial intelligence company focused on developing robotics and solutions for self-driving vehicles. Founded in 2016 and headquartered in Pittsburgh, Pennsylvania, with additional engineering centers in Detroit, Cranbury, New Jersey, Los Angeles, Palo Alto, and Munich, Germany, Argo AI aims to enhance safety and accessibility on roadways. The company employs over 1,800 people across the U.S. and Europe, working on the Argo Autonomy Platform, which supports autonomous ridesharing and goods delivery. Argo AI's technology encompasses software, hardware, mapping, and cloud infrastructure, enabling self-driving vehicles to operate efficiently. The firm also offers Ground Truth, a platform that provides insights into the development of autonomous driving technology. As a subsidiary of Ford Motor Company, Argo AI is dedicated to creating mobility solutions that benefit communities worldwide.
Velodyne Lidar
Corporate Round in 2016
Velodyne Lidar is a leading global provider of lidar technology, recognized as the first public pure-play lidar company. Under the leadership of CEO Anand Gopalan, the company focuses on enhancing safety, efficiency, and sustainability in mobility and smart city applications through its innovative lidar solutions. Velodyne offers a comprehensive range of hardware and software products designed to meet the diverse needs of various industries, including autonomous vehicles, advanced driver-assistance systems, robotics, and security. Their technology plays a crucial role in advancing autonomous systems, enabling applications such as autonomous tractors for logistics, and robots for hazardous tasks like rescue missions and construction support. Velodyne's mission is to foster universally accessible mobility solutions that contribute to safer and smarter communities.
SAIPS specializes in the design, development, and implementation of advanced algorithmic engines grounded in deep learning and reinforcement learning. The company offers a portfolio of algorithmic suites that address complex computer vision challenges, including detection, tracking, image enhancement, segmentation, and video intelligence, among others. By providing innovative and cost-effective solutions, SAIPS helps its clients overcome technological and business obstacles. Its clientele spans various industries, including aerospace, medical, semiconductors, mobile, sports, gaming, and retail. The majority of SAIPS engineers are graduates of elite military units and possess over a decade of experience in developing and managing intricate algorithmic systems. This expertise enables SAIPS to deliver high-quality solutions with exceptional execution.
Civil Maps
Seed Round in 2016
Civil Maps is a geospatial technology company based in Berkeley, California, specializing in artificial intelligence-driven mapping solutions. The company provides a sensor-agnostic platform for creating high-accuracy, low-cost 3D HD maps that assist heavy-industry clients and governmental agencies, as well as Fortune 100 companies across various sectors including utility, oil and gas, solar, telecommunications, transportation, and forestry. Their innovative technology supports autonomous driving initiatives by allowing vehicles to develop a "mental model" of their surroundings, utilizing proprietary Fingerprint Basemap Technology for effective sensor fusion and centimeter-accurate localization. This capability enhances vehicles' environmental awareness and safety, while also significantly lowering the costs and energy demands associated with the large-scale deployment of autonomous systems like delivery bots.
Pivotal Labs, founded in 1989, is a software company specializing in agile development and digital transformation technology. With over two decades of experience, it has established itself as a leader in building reliable and scalable software for both innovative industry leaders and emerging companies across various sectors. Pivotal Labs collaborates with technical teams of varying expertise to launch hundreds of web and mobile products and develop complex enterprise infrastructures. The company has partnered with notable organizations such as Twitter, Salesforce.com, and Best Buy, among others. Pivotal Labs is also the creator of Pivotal Tracker, a widely-used project management tool for developers. With offices in major cities including San Francisco, New York, and London, Pivotal continues to influence the software development practices of some of the world's most admired brands.
Livio Radio
Acquisition in 2013
Livio Radio, operating under Myine Electronics, LLC, specializes in designing and manufacturing electronic audio products. Founded in 2008 and based in Ferndale, Michigan, the company offers a range of Bluetooth Internet radio solutions for smartphones, including iPhones and Android devices, as well as car audio players for both personal and business use. In addition to its hardware, Livio Radio provides the Livio Connect API, a middleware framework that facilitates the interaction between hardware and various mobile phone applications. Its products are distributed through a network of retailers, resellers, and online platforms.
iBiquity Digital
Private Equity Round in 2009
iBiquity Digital is a company that develops and licenses HD Radio technology for both AM and FM audio and data broadcasting, operating within the United States and internationally. Founded in 1991 and headquartered in Columbia, Maryland, with additional offices in Basking Ridge, New Jersey, and Pontiac, Michigan, iBiquity's technology enables digital radio signals to coexist on the same frequencies as traditional analog broadcasts. This innovation allows for enhanced audio quality and additional data services for listeners. The company also offers products such as the Gigaware Navigation Control HD Radio Receiver accessory and a dedicated HD Radio application for iPhone and iPod touch users, facilitating access to HD Radio FM broadcasts.
Automobile Craiova
Acquisition in 2008
An automobile manufacturer located in Craiova, Romania.
Zebra Imaging
Series C in 2006
Zebra Imaging, founded in 1996 by graduates of the Massachusetts Institute of Technology's Media Laboratory, specializes in digital holographic technology aimed at enhancing three-dimensional visual communications. The company is dedicated to creating innovative holographic products that facilitate improved communication, engaging entertainment, and effective decision-making. Zebra Imaging offers a range of services, including on-demand holographic prints, digital models, and displays, providing advanced 3D visualization and collaboration solutions for customers, employees, and investors. With a commitment to developing cutting-edge technologies, the company has established itself as a leader in the field of holography.
Telcontar
Series B in 2005
Telcontar is a worldwide provider of total location-based solutions for in-vehicle, Internet and wireless platforms. Using the Telcontar premier spatial software platform, our patented automated user notification technology and carefully chosen industry partners, Telcontar can help its customers provide complete, real-time, highly scalable solutions for navigation, mobile safety, security and convenience. Our customers include Yahoo!, Rand McNally, ATX technologies, Criticom International, Satronics and Hutchison 3G.
eRoom Technology
Private Equity Round in 2000
eRoom Technology provides internet-based software applications and services that enable organizations to collaborate with their enterprises of employees, customers, suppliers, and other partners.
The company’s software is used for a variety of projects, including designing and developing products, bringing new products to the market, establishing and coordinating activities across the supply chain, coordinating sales and support efforts, and managing consulting engagements from proposals through completion.
eRoom Technology was founded in 1996 and is headquartered at Cambridge, Massachusetts, United States.
Plumtree Software
Venture Round in 2000
Plumtree Software specializes in the development and marketing of software solutions designed for deploying web applications. The company's flagship product, the Enterprise Web Suite, integrates various technologies, including portal, content management, collaboration, integration, and search functionalities. Central to its offerings is the Corporate Portal, which serves as a framework for applications, facilitating the creation of virtual community workspaces and ensuring a unified web environment. Additionally, Plumtree provides a Collaboration Server that allows users to work together online, managing tasks, projects, and document sharing. The Content Server handles the publication and administration of web content, while the Search Server enables comprehensive indexing and searching of all accessible materials. The Studio Server offers tools for portal managers to create application components without coding, and the Web Services Integration technologies connect the portal to enterprise systems. Plumtree Software also delivers deployment and support services, consulting, and training, distributing its products through a direct sales force and various partners globally. Founded in 1996, the company is based in San Francisco, California, and operates as a subsidiary of Oracle Corp.
AvantGo
Venture Round in 2000
AvantGo, Inc. specializes in mobile infrastructure software and services that facilitate access to Internet-based content and corporate applications on handheld devices and Internet-enabled phones. The company offers its AvantGo M-Business Server and mobile applications to enable clients to provide their employees, customers, suppliers, and business partners with seamless access to vital business information. AvantGo's mobile Internet service allows users to access mobile-formatted online content and applications, featuring capabilities such as an offline browser and desktop synchronization client. The company has also been recognized for its contributions to the mobile sector, having been selected by Microsoft to participate in the Microsoft Mobility Partner Advisory Council.
carClub
Venture Round in 2000
At carclub.com, Their mission is to provide automotive consumers with the best car owning experience they will ever have. We're committed to building their business based on what customers want and how they like to be treated. Whether by web or by phone, they aim to offer comprehensive selection, unprecedented savings, and state of the art service.
Volvo Cars
Acquisition in 1999
Volvo Cars is a Swedish premium car manufacturer, founded in 1927. Known for its innovative and safe vehicles, Volvo offers a range of sedans, estates, cross country vehicles, SUVs, and convertibles. With operations in over 100 countries, the company is committed to sustainable mobility through plug-in hybrids and electric cars.
Jaguar Land Rover
Acquisition in 1989
Jaguar Cars is a brand of Jaguar Land Rover, a British multinational car manufacturer headquartered in Whitley, Coventry, England. Its website, Jaguar.com, directs users to pages tailored to country-specific markets and model-specific websites.
The website features information about various car models, including Jaguar Range, XE Models, XF Models, XJ Models, F-TYPE, Models, F-PACE, R-Performance, and Concept Cars. It also enables them to book a test drive. Download brochures, find offers, calculate taxes, and more.
Lincoln Motor
Acquisition in 1922
The Lincoln Motor Company, a division of Ford Motor Company, is a manufacturer of luxury vehicles headquartered in Dearborn, Michigan. Established in 1917 by Henry M. Leland, Lincoln specializes in producing high-end SUVs and plug-in hybrid electric vehicles. The brand is known for its commitment to craftsmanship and innovation, catering to a market that values luxury and performance in automotive design. With a rich heritage, Lincoln continues to evolve, offering advanced technology and premium features that enhance the driving experience.