Boeing HorizonX

HorizonX Ventures' investment team focuses on identifying startups developing revolutionary concepts around the world. Bringing together a diverse background of Boeing knowledge and larger market experience, the team provides funding to chosen startups, connecting them with global network of Boeing resources to get their ideas off the ground. The firm was founded in 2017 and is comprised of a global team based in Chicago, Menlo Park, Los Angeles, Seattle, St. Louis, Washington DC, and Israel.

Martha Cosgrove

Investor

33 past transactions

Hedera Hashgraph

Venture Round in 2021
The Hedera hashgraph platform will offer a distributed public ledger that enables anyone to easily develop globally decentralized applications. Developers can build secure, fair, blazing-fast decentralized applications on top of the Hedera hashgraph platform.

Productive Machines

Pre Seed Round in 2021
Productive Machines specializes in software optimization for the machining industry, helping manufacturers enhance productivity and sustainability. The company utilizes a digital twin of the machining process, incorporating physics, mechanics, dynamics, distortion, and vibration data to simulate and test millions of parameters. This approach allows manufacturers to refine their CAM and Gcode, ultimately improving part quality and reducing cycle times. By addressing issues such as chatter vibrations and tooling costs, Productive Machines enables machining companies to achieve better surface finishes and dimensional accuracy, streamlining their operations and reducing costs. The company emerged as a spin-out from the UK Advanced Manufacturing Research Centre, reflecting its commitment to advancing manufacturing technologies.

ALL.SPACE

Series B in 2021
Isotropic Systems Limited specializes in the design and development of innovative antennas for satellite communications. Founded in 2013 and headquartered in Reading, United Kingdom, with an additional office in Linthicum, United States, the company targets a diverse clientele, including high-throughput satellite operators, maritime service providers, and the defense industry. The firm is recognized for its groundbreaking advancements in antenna technology, particularly its low-profile, multi-band antennas that feature electronic beam steering. These antennas are engineered for applications in satellite broadcasting, VSAT, microwave communications, and 5G broadband, offering a cost-effective solution without moving parts, thus ensuring stability for mobile environments.

Myriota

Series B in 2020
Myriota Pty. Ltd. is an Australian company based in Adelaide that specializes in developing low-power micro transmitters designed for satellite connectivity. Established in 2015, Myriota focuses on providing secure data transmission solutions for a variety of Internet of Things (IoT) applications, particularly in remote areas. Their technology enables the transmission of small data packets via low earth orbit satellites, facilitating efficient communication for industries such as agriculture, oil and gas, mining, environmental monitoring, and defense. Myriota’s products are utilized for monitoring assets, irrigation, livestock, and environmental conditions, allowing users to make informed, data-driven decisions while minimizing costs and improving operational efficiency.

Accion Systems

Series B in 2020
Accion Systems Inc. is a manufacturer of satellite propulsion systems for the space industry, utilizing proprietary ion beam technology developed at MIT. Founded in 2014 and headquartered in Boston, Massachusetts, the company offers a range of products, including MIN-0 CubeSat and small satellite electric propulsion systems, MAX-1 small satellite electric propulsion systems, and TILE satellite electric propulsion systems. Accion Systems focuses on developing scalable, high-performance, and efficient in-space propulsion technologies to meet the evolving needs of the satellite market.

Immfly

Venture Round in 2020
Immfly, S.L., founded in 2013 and headquartered in Barcelona, Spain, specializes in developing in-flight digital platforms that enhance the passenger experience. The company's offerings include a range of connected digital services and in-flight entertainment options, allowing passengers to access premium content such as video streaming and innovative channels directly on their personal devices or aircraft screens. Immfly's platform also enables travelers to purchase recreational destination services prior to landing and entertainment access packs during the online booking process. With a presence across Europe, Africa, Asia, and the Americas, Immfly serves full-service, low-cost, and regional airlines, helping them to reduce operational costs while increasing revenue opportunities.

Virgin Galactic

Post in 2019
Virgin Galactic is a commercial spaceline that creates commercial spacecrafts. It provides suborbital spaceflights to space tourists, suborbital launches for space science missions, and orbital human spaceflights. It democratizes the access to space for the benefit of life on Earth.The astronaut experience will include weightlessness and stunning views of Earth from space onboard SpaceShipOne and SpaceShipTwo, spacecrafts designed by aerospace pioneer Scaled Composites. LauncherOne, Virgin Galactic's orbital launch vehicle can carry satellites as large as 500 pounds into Earth orbit for historically low prices. Founded on 2004, Virgin Galactic has a team of engineers, technicians, mission controllers, and many more professionals that continue to push the boundaries of technology and exploration. It is headquartered in Mojave, California.

Electric Power Systems

Series A in 2019
Electric Power Systems, Inc. designs and manufactures energy storage systems, including battery modules, battery management units, and power distribution units for traction, storage, backup, and engine starter applications. The company's products include EPiC t34 Lithium Titanate Battery, EPiC t35 Lithium Titanate Battery, EPiC n34 Lithium NMC Battery, EPiC AV3500 Aviation Battery, and BMS701 Battery Management System. The company offers battery solutions to aviation, commercial, industrial, and military sectors. The company was founded in 2016 and is based in North Logan, Utah.

Morf3D

Series A in 2019
Morf3D, Inc. is a company based in El Segundo, California, that specializes in additive design and manufacturing services. Founded in 2013, it offers a comprehensive range of services including conceptualization, design and part optimization, metallic 3D printing, post-processing, and metallurgical inspection. The company also provides certification, data analysis, and component quality verification services. Additionally, Morf3D engages in contract manufacturing, small lot production, prototyping, and employee training. Its mission focuses on creating a sustainable ecosystem that delivers innovative solutions to complex design and manufacturing challenges, fully leveraging the advantages of additive manufacturing. Morf3D is certified in various quality management standards, ensuring a commitment to excellence in its operations.

Robotic Skies

Series A in 2019
Robotic Skies, Inc. specializes in maintenance and repair services for commercial unmanned aircraft systems (UAS) and advanced air mobility aircraft (AAM). Established in 2014 and headquartered in Albuquerque, New Mexico, the company operates a global network of over 150 independently-owned repair stations, each equipped with the expertise to service commercial drones. Robotic Skies focuses on providing comprehensive field service programs, ensuring that UAS can operate safely and efficiently. By partnering with FAA-approved maintenance organizations, the company delivers optimized certification, maintenance, and repair solutions, supporting the growing needs of the commercial drone industry.

ALL.SPACE

Series A in 2019
Isotropic Systems Limited specializes in the design and development of innovative antennas for satellite communications. Founded in 2013 and headquartered in Reading, United Kingdom, with an additional office in Linthicum, United States, the company targets a diverse clientele, including high-throughput satellite operators, maritime service providers, and the defense industry. The firm is recognized for its groundbreaking advancements in antenna technology, particularly its low-profile, multi-band antennas that feature electronic beam steering. These antennas are engineered for applications in satellite broadcasting, VSAT, microwave communications, and 5G broadband, offering a cost-effective solution without moving parts, thus ensuring stability for mobile environments.

Accion Systems

Venture Round in 2018
Accion Systems Inc. is a manufacturer of satellite propulsion systems for the space industry, utilizing proprietary ion beam technology developed at MIT. Founded in 2014 and headquartered in Boston, Massachusetts, the company offers a range of products, including MIN-0 CubeSat and small satellite electric propulsion systems, MAX-1 small satellite electric propulsion systems, and TILE satellite electric propulsion systems. Accion Systems focuses on developing scalable, high-performance, and efficient in-space propulsion technologies to meet the evolving needs of the satellite market.

BridgeComm

Series B in 2018
BridgeSat is offering small form factor laser communication terminals at a reduced price compared to equivalent RF data throughput solutions. The company is also engaged with the space industry’s laser communication terminal manufacturers to ensure compatibility with the BridgeSat ground network.

Digital Alloys

Series B in 2018
Digital Alloys, Inc. is a company based in Burlington, Massachusetts, that specializes in the development and manufacturing of advanced metal 3-D printers. Founded in 2017 as a spinout from New Valence Robotics, the company focuses on high-speed, multi-metal additive manufacturing systems capable of producing production-quality parts from various metals at a significantly lower cost than traditional methods. Its patented technology utilizes commodity wire as the raw material, allowing for a simpler and faster process for melting wire into useful shapes. This innovative approach enables manufacturers to mix multiple metals within a single part, enhancing design possibilities and optimizing the thermal, electrical, magnetic, and mechanical properties of the products created. Digital Alloys aims to make metal 3D printing more accessible for a wider range of applications.

ZestIOT

Seed Round in 2018
ZestIoT Technologies Pvt Ltd is an Indian company based in Hyderabad that specializes in developing an Internet of Things (IoT) aviation platform aimed at enhancing airport operations and passenger experience. Founded in 2016, the company offers various products including AviLeap, which focuses on improving on-time performance; AviTag for efficient baggage tracking; AviQ designed for queue optimization; and AviX for contactless boarding. The platform connects various stakeholders such as passengers, ground staff, and pilots, while integrating aircraft-compliant sensors for tracking assets and baggage. By utilizing artificial intelligence and data analytics, ZestIoT enables airports to digitalize customer handling and streamline industrial operations, ultimately making the boarding and departure processes more efficient and user-friendly.

Merxius

Seed Round in 2018
Merxius is an augmented and virtual reality company that leverages Extended Reality technology to address business challenges across different sectors. By offering a digital engineering platform for training and maintenance, Merxius empowers clients to utilize advanced technologies in practical, innovative, and sustainable ways. The company's focus is on making these technologies accessible to a broader audience, allowing organizations to enhance their operations and solve complex problems effectively.

Matternet

Series A in 2018
Matternet is a technology platform for urban aerial delivery. In March 2017, Matternet became the first company in the world to be authorized for urban drone delivery operations in Switzerland. In May 2018, the company was selected to participate in the FAA's Drone Integration Pilot Program for operations in North Carolina and San Diego. In March 2019, Matternet and UPS announced a partnership to implement drone delivery services at US hospitals and launched the first ongoing revenue drone delivery operation in US history at Wakemed in North Carolina. Founded in 2011, Matternet is headquartered in Mountain View, California

Aloft

Seed Round in 2018
Aloft, formerly known as Kittyhawk, operates a cloud-based platform designed for commercial drone operators. Founded in 2015 and based in San Francisco, California, Aloft offers tools such as B4UFLY, a mobile application that allows drone operators to check airspace status before flights. The platform integrates mission planning, aircraft management, and data analytics to enhance efficiency in commercial drone operations. It serves a diverse clientele, including enterprise programs for major organizations like CNN and Traveler's Insurance, as well as various law enforcement agencies. By providing comprehensive oversight, Aloft enables managers and Chief Pilots to ensure compliance and operational transparency across their teams. The platform is accessible through iOS, Android, and web applications, ensuring that all stakeholders have timely access to essential information.

Aloft

Seed Round in 2018
Aloft, formerly known as Kittyhawk, operates a cloud-based platform designed for commercial drone operators. Founded in 2015 and based in San Francisco, California, Aloft offers tools such as B4UFLY, a mobile application that allows drone operators to check airspace status before flights. The platform integrates mission planning, aircraft management, and data analytics to enhance efficiency in commercial drone operations. It serves a diverse clientele, including enterprise programs for major organizations like CNN and Traveler's Insurance, as well as various law enforcement agencies. By providing comprehensive oversight, Aloft enables managers and Chief Pilots to ensure compliance and operational transparency across their teams. The platform is accessible through iOS, Android, and web applications, ensuring that all stakeholders have timely access to essential information.

Agylstor

Series A in 2018
Agylstor’s high-performance computing platform includes software and in-system hardware acceleration for compression, parity RAID, encryption and other services, while Agylstor’s distributed software architecture provides maximum performance by distributing workloads across the processing and storage fabric. The company’s technology provides secure data storage and transfer for video and film production, geoscience, infrastructure mapping, and aerospace applications, including more capable piloted and autonomous systems.

Morf3D

Series A in 2018
Morf3D, Inc. is a company based in El Segundo, California, that specializes in additive design and manufacturing services. Founded in 2013, it offers a comprehensive range of services including conceptualization, design and part optimization, metallic 3D printing, post-processing, and metallurgical inspection. The company also provides certification, data analysis, and component quality verification services. Additionally, Morf3D engages in contract manufacturing, small lot production, prototyping, and employee training. Its mission focuses on creating a sustainable ecosystem that delivers innovative solutions to complex design and manufacturing challenges, fully leveraging the advantages of additive manufacturing. Morf3D is certified in various quality management standards, ensuring a commitment to excellence in its operations.

Reaction Engines

Series B in 2018
Reaction Engines Ltd. is an advanced rocket and aerospace technology company that engages in the research, design, development, manufacture, and testing of ultra-lightweight heat exchangers for aerospace applications, and the advanced engines and vehicles that they enable. It offers heat exchangers for synergetic air-breathing rocket engines. The company was founded in 1989 and is based in Abingdon, United Kingdom.

Myriota

Series A in 2018
Myriota Pty. Ltd. is an Australian company based in Adelaide that specializes in developing low-power micro transmitters designed for satellite connectivity. Established in 2015, Myriota focuses on providing secure data transmission solutions for a variety of Internet of Things (IoT) applications, particularly in remote areas. Their technology enables the transmission of small data packets via low earth orbit satellites, facilitating efficient communication for industries such as agriculture, oil and gas, mining, environmental monitoring, and defense. Myriota’s products are utilized for monitoring assets, irrigation, livestock, and environmental conditions, allowing users to make informed, data-driven decisions while minimizing costs and improving operational efficiency.

Upskill

Corporate Round in 2018
Upskill provides wearable technology to connect hands-on workers from the factory to the warehouse to the jobsite. Its robust platform, Skylight, connects the industrial workforce with the people, processes, information, and equipment they need to do their jobs with greater efficiency and fewer errors, leaving them hands free to focus on their tasks at hand, and their tools. For organizations in the competitive global market looking to increase productivity, improve quality, reduce costs, train new workers, retain tribal knowledge, and provide a strong foundation for further investments, the future starts with Upskill.

Singularity

Series B in 2018
Singularity University, founded in 2008 and based in Santa Clara, California, operates as a learning and innovation community that connects individuals, businesses, governments, and academic institutions to explore and utilize cutting-edge technologies. The organization offers a variety of educational programs, including executive courses, startup accelerators, and summits focused on topics like artificial intelligence, robotics, biotechnology, and digital fabrication. Its initiatives aim to address global challenges such as education, health, energy, and environmental sustainability, providing participants with the tools and insights necessary to implement impactful solutions. Singularity University also fosters a collaborative platform for networking and innovation, featuring a global presence with numerous campuses, summits, and a significant alumni network. Through its programs, the organization seeks to empower a diverse range of stakeholders to harness exponential technologies for positive societal change.

Cuberg

Seed Round in 2018
Cuberg, Inc. is focused on advancing battery technology for aerospace and industrial applications, particularly in the realm of electric mobility. Founded in 2015 and based in Berkeley, California, the company has developed a next-generation battery that offers significant improvements in energy density and safety compared to current lithium-ion batteries. This innovative battery utilizes a non-flammable liquid electrolyte and a lithium metal anode, allowing it to capitalize on existing lithium-ion manufacturing processes for quicker market entry. Cuberg's technology is designed to power the future of electric vehicles both on the ground and in the air. The company has garnered over $12 million in funding from various sources, including private investments, government grants, and support from organizations such as Boeing HorizonX Ventures and the U.S. Department of Energy. Cuberg originated from the materials science department at Stanford University and gained recognition through the Cyclotron Road fellowship program at Lawrence Berkeley National Laboratory.

Code Platoon

Grant in 2017
Code Platoon is a non-profit coding bootcamp that helps veterans transition into the civilian workforce by providing technical training and career placement. Code boot camps are full-time immersive programs (roughly 10 - 14 hours a day, 6 days a week) that teach software development skills to beginners with little or no technical background.

Gamma Alloys

Seed Round in 2017
Gamma Alloys LLC specializes in the manufacture of lightweight aluminum alloys, incorporating advanced nanotechnology to enhance their properties. Founded in 2008 and headquartered in Valencia, California, with additional facilities in Springfield and Stockton, the company develops metal-matrix composites that cater to diverse sectors, including aerospace, automotive, and defense. Gamma Alloys has patented innovative manufacturing processes that allow for the reinforcement of aluminum, magnesium, and titanium alloys, resulting in materials with unprecedented attributes such as increased stiffness, improved wear resistance, and superior strength at various temperatures. The company is capable of delivering customized products, ranging from extruded bars to fully machined components, designed to integrate seamlessly into existing manufacturing processes.

Near Earth Autonomy

Series A in 2017
Near Earth Autonomy, Inc., founded in 2011 and based in Pittsburgh, Pennsylvania, specializes in developing autonomous systems that enhance the safety of both ground and aerial vehicles. The company focuses on creating technologies that facilitate safe and accessible autonomous flight, enabling unmanned aircraft of various sizes, from small drones to full-size helicopters, to operate effectively across a range of applications. Their innovations include advanced sensor suites, collision detection, relative navigation, landing zone assessment, motion planning, and visual pilot aids. By integrating these technologies, Near Earth Autonomy aims to make autonomous navigation systems reliable and practical for diverse operational needs.

C360

Series A in 2017
C360 Technologies, Inc. specializes in the manufacturing of non-stitched immersive video products tailored for broadcast and over-the-top (OTT) platforms. Established in 2008 and based in Wexford, Pennsylvania, the company has developed innovative technology that allows for high-quality 6K immersive video without the need for multi-headed cameras or stitching. C360's offerings include compact, pro-grade immersive cameras and workstations that provide multiple live HD-SDI outputs directly to broadcasters, facilitating real-time production for live television events. Additionally, the technology enables simultaneous 4K streaming to OTT platforms, allowing for versatile distribution across various applications. Users can independently control camera settings during live events, enhancing the viewing experience. C360 Technologies has positioned itself as a pioneer in the immersive video industry, focusing on delivering unique solutions that meet the demands of modern broadcasting.

SparkCognition

Series B in 2017
SparkCognition, Inc. is a technology company based in Austin, Texas, specializing in artificial intelligence solutions for industrial applications. Established in 2013, the company develops a range of AI-powered products, including SparkPredict, which analyzes sensor data to provide actionable insights and predict equipment failures; DeepArmor, a cybersecurity solution that employs machine learning to detect and prevent malware; and Darwin, which automates the data science process to enhance operational efficiency. Additionally, SparkCognition Government Systems focuses on creating AI systems tailored for government organizations, addressing national security challenges. The company's technologies serve various industries, including oil and gas, aviation, defense, financial services, manufacturing, and utilities, facilitating improved decision-making and enhanced productivity through advanced machine learning capabilities.

Zunum Aero

Venture Round in 2017
Zunum Aero Inc. manufactures hybrid-to-electric aircraft. It also offers electric aircraft services. The company was formerly known as Tzunum Inc. Zunum Aero Inc. was incorporated in 2014 and is based in Kirkland, Washington.

Upskill

Series B in 2017
Upskill provides wearable technology to connect hands-on workers from the factory to the warehouse to the jobsite. Its robust platform, Skylight, connects the industrial workforce with the people, processes, information, and equipment they need to do their jobs with greater efficiency and fewer errors, leaving them hands free to focus on their tasks at hand, and their tools. For organizations in the competitive global market looking to increase productivity, improve quality, reduce costs, train new workers, retain tribal knowledge, and provide a strong foundation for further investments, the future starts with Upskill.
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