Hemisphere Ventures

Hydrosat is a climate technology company based in Washington, D.C., founded in 2017. It specializes in utilizing thermal infrared satellite imagery to deliver geospatial analytics that help monitor and manage water resources effectively. By measuring water stress in agriculture, Hydrosat aims to improve food security, public safety, and environmental sustainability. Its services enable various sectors, including agriculture, financial services, and government, to transform satellite data into actionable insights, facilitating better decision-making and resource management.

Lux Semiconductors specializes in the development of crystalline thin-film semiconductors aimed at enhancing the integration of semiconductor chips. The company utilizes a proprietary system-on-foil platform that supports heterogeneous integration, allowing for the incorporation of silicon circuitry onto a patterned flexible silicon substrate. This innovative approach enables the production of densely integrated, durable, lightweight, and flexible devices. Lux Semiconductors' technology serves a variety of sectors, including aerospace, defense, clean energy, medical, and consumer internet-of-things electronics, facilitating the fabrication of advanced electronic components that address current industry challenges.

mPower Technology, Inc. is a manufacturer of interconnected meshes of miniature solar cells, founded in 2014 and headquartered in Albuquerque, New Mexico. The company specializes in developing semiconductor active miniature solar cells tailored for the space, terrestrial, and Internet of Things (IoT) industries. By utilizing advanced materials and processes from the silicon photovoltaic and microelectronics sectors, mPower Technology provides a flexible solar solution that overcomes the limitations of traditional silicon and gallium arsenide solar cells. This innovation allows clients to enhance the performance and longevity of solar cells even in challenging environments, such as those encountered in space, where on-orbit radiation recovery is critical. The company's experienced team aims to advance solar power technology on a global scale.

Axiom Space, Inc. is a Houston, Texas-based company founded in 2016 that focuses on developing and operating commercial space station modules connected to the International Space Station (ISS). The company offers human spaceflight services to government astronauts, tourists, and private enterprises, facilitating research, manufacturing, and testing of space exploration technologies. Axiom Space aims to provide universal access to the ISS, conducting missions for both national and private astronauts, and enabling clients from various sectors to engage in space initiatives. The company leverages its platform in Low Earth Orbit and extensive experience in human spaceflight management to create new opportunities for advanced industries and future space exploration endeavors.

Oobli specializes in the development of healthy, protein-based sweeteners sourced from exotic plants. These unique compounds offer a flavorful experience without the calories typically associated with sugar, making them a suitable alternative for health-conscious consumers. The protein sweeteners are produced through fermentation, ensuring they have no glycemic impact and do not disrupt the gut microbiome. Oobli has successfully obtained regulatory approvals, including FDA "no questions" letters and GRAS status for several of its proteins, reinforcing their commitment to safety and quality. By providing a delicious and low-calorie option, Oobli aims to transform the way individuals approach sweeteners, allowing for healthier choices in everyday consumption.

Axiom Space, Inc. is a Houston, Texas-based company founded in 2016 that focuses on developing and operating commercial space station modules connected to the International Space Station (ISS). The company offers human spaceflight services to government astronauts, tourists, and private enterprises, facilitating research, manufacturing, and testing of space exploration technologies. Axiom Space aims to provide universal access to the ISS, conducting missions for both national and private astronauts, and enabling clients from various sectors to engage in space initiatives. The company leverages its platform in Low Earth Orbit and extensive experience in human spaceflight management to create new opportunities for advanced industries and future space exploration endeavors.

New Age Meats is a biotechnology company based in San Francisco, California, founded in 2017. The company specializes in producing cultivated meat using an automated, data-driven platform and advanced stem cell technology. By growing meat from animal cells rather than relying on traditional animal slaughter, New Age Meats aims to create healthier and more sustainable meat alternatives.

PlanetIQ LLC, founded in 2012 and based in Bethesda, Maryland, specializes in launching satellites to deliver critical weather forecasting, climate monitoring, and space weather prediction services. The company addresses the increasing demand for accurate weather data amid rising natural disaster costs and population growth. By utilizing commercial satellite constellations, PlanetIQ provides timely data essential for improving decision-making processes across various sectors. This initiative aims to enhance the precision of weather and climate models, which are increasingly reliant on high-quality data for forecasts ranging from hourly to decadal. As traditional government-funded satellite programs struggle with aging technology and budget constraints, PlanetIQ fills vital gaps in data necessary for monitoring daily weather patterns, hurricanes, floods, droughts, and climate change, ultimately helping clients mitigate weather-related risks and enhance safety.

The EVERY Company, formerly known as Clara Foods, specializes in producing animal-free proteins for the food and beverage industry. Founded in 2014 and based in South San Francisco, California, the company utilizes advanced fermentation technology to create functional and nutritional proteins derived from microorganisms. Its product line includes baking ingredients, nutritional supplements, and egg white alternatives that are free from pathogens and suitable for various culinary applications, such as cakes and meringues. The EVERY Company aims to provide a sustainable, healthier, and kinder alternative to traditional animal agriculture by decoupling protein production from animals, thereby offering consumers healthy and affordable protein options without added sugars.

Umbra is a space technology company that specializes in developing high-resolution earth observation systems and providing commercial satellite data services. The company aims to empower both government and commercial partners with consistent and actionable insights, essential for informed decision-making in various sectors such as land use, wildlife protection, and climate change mitigation. By offering reliable access to sophisticated remote sensing solutions, Umbra enables organizations to monitor the Earth effectively and respond to pressing global challenges. Its commitment to delivering high-quality intelligence data ensures that customers can trust their critical mission outcomes and make strategies that address the evolving needs of the planet.

Elroy Air, Inc. is an aerospace and logistics company based in San Francisco, California, founded in 2016. The company specializes in autonomous aircraft systems designed for aerial cargo delivery, focusing on long-distance transport of heavy cargo. Its innovative air cargo system utilizes rotor-based vertical takeoff and landing (VTOL) technology, transitioning to wing-based cruise flight for efficient long-range delivery. Elroy Air serves various sectors, including commercial shipping, humanitarian aid, and military applications, providing solutions for the middle mile of logistics. Its delivery drones are capable of transporting modular pods loaded with significant amounts of cargo, making them suitable for rapid resupply in challenging environments and offering immediate aid in regions with underdeveloped infrastructure. This technology aims to enhance business-to-business express delivery while reducing costs and environmental impact compared to traditional aircraft.

Axiom Space, Inc. is a Houston, Texas-based company founded in 2016 that focuses on developing and operating commercial space station modules connected to the International Space Station (ISS). The company offers human spaceflight services to government astronauts, tourists, and private enterprises, facilitating research, manufacturing, and testing of space exploration technologies. Axiom Space aims to provide universal access to the ISS, conducting missions for both national and private astronauts, and enabling clients from various sectors to engage in space initiatives. The company leverages its platform in Low Earth Orbit and extensive experience in human spaceflight management to create new opportunities for advanced industries and future space exploration endeavors.

Finless Foods Inc. is a biotechnology company based in Emeryville, California, that specializes in producing seafood products for human consumption using cellular-agriculture technologies. Founded in 2017, the company focuses on growing marine-animal cells to create alternatives to traditional fish and seafood, including bluefin tuna. By offering a variety of responsibly produced food options, Finless Foods aims to cater to diverse tastes and dietary needs while promoting sustainability and better ocean health. The company's innovative approach provides consumers with healthy and accessible seafood alternatives, enabling them to maintain a balanced diet without compromising on flavor or variety.

LunaDNA is a community-owned platform that facilitates the sharing of health and DNA data for medical research. Founded by the creators of Illumina, a leader in DNA sequencing, LunaDNA addresses the issue of siloed genomic data by providing individuals with a compelling incentive to share their health information. Participants are rewarded with shares in the database, allowing them to benefit from the profits generated by medical research and discoveries. This model not only empowers users to contribute their health records, genomic data, and personal health experiences but also fosters a sense of community ownership. As researchers pay to access the data for their studies, the proceeds are distributed back to the community, akin to dividends. By prioritizing privacy and trust, LunaDNA aims to increase participation in genomic research while facilitating advancements in healthcare that can ultimately save lives.

Umbra is a space technology company that specializes in developing high-resolution earth observation systems and providing commercial satellite data services. The company aims to empower both government and commercial partners with consistent and actionable insights, essential for informed decision-making in various sectors such as land use, wildlife protection, and climate change mitigation. By offering reliable access to sophisticated remote sensing solutions, Umbra enables organizations to monitor the Earth effectively and respond to pressing global challenges. Its commitment to delivering high-quality intelligence data ensures that customers can trust their critical mission outcomes and make strategies that address the evolving needs of the planet.

EIO Diagnostics Inc. is a Canadian company specializing in mastitis detection systems for dairy cattle. Founded in 2017 and based in Duncan, the company has developed the FirstLook Mastitis system, which employs a multispectral sensor to capture images of the udder as cows enter the milk parlor. This technology utilizes infrared image analysis and computer vision to automate the detection of early indicators of mastitis, allowing farmers to prevent infections before they occur. By installing a single sensor at the entry of the rotary milking system, EIO Diagnostics enables farmers to monitor udder health efficiently, thereby enhancing livestock health and improving milk quality while reducing labor and associated costs.

Vector Launch, Inc. is a company that develops software for satellites and launch vehicles to facilitate access to space for micro and nano satellites. Founded in 2016 and headquartered in Tucson, Arizona, it operates additional facilities in Long Beach and San Jose, California. The company aims to connect space startups with affordable and frequent launch options, thereby enhancing access to orbital capabilities at unprecedented speeds and price points. Its focus on low-cost microsatellites not only supports commercial innovations but also addresses complex challenges for national security, providing valuable services to the intelligence community and the Department of Defense. However, Vector Launch faced financial difficulties and filed for reorganization under Chapter 11 in December 2019.