Innovation Works

Established in 1999, Innovation Works is a prominent investor in Southwestern Pennsylvania's technology sector. It provides capital and resources to early-stage companies with high growth potential and significant regional impact, particularly focusing on robotics, AI, medical devices, retail technologies, and enterprise software.

Sophie Burkholder

Investment Associate

Kevin Dowling Ph.D

Managing Director of Robotics Factory and Hardware

Peter Erin

Senior Associate

Afshan Khan

Investor

Ven Raju

Investor

Aaron Tainter

Investor

Steven Welles

Managing Director of Software

Jim Wrubel

Investor

Past deals in Computer Vision

CapSen Robotics

Seed Round in 2024
CapSen Robotics develops advanced computer vision systems that enable machines to comprehend and navigate cluttered environments. Their core technology, derived from MIT research on 3D object detection, empowers robots and automation systems in various industries such as manufacturing, logistics, and retail inventory management.

PredxBio

Seed Round in 2024
PredxBio is a computational pathology company that specializes in the development of artificial intelligence tools for analyzing whole slide image pathology samples through spatial analytics. The company focuses on enhancing the capabilities of clinicians and researchers by providing tools that accelerate drug discovery, optimize clinical trials, and improve companion diagnostics. PredxBio's platform employs AI and machine learning to automatically recognize and classify regions of interest in H&E-stained and immunohistochemistry slides. This technology aids pathologists and biopharma companies in making informed clinical decisions and developing personalized therapeutic strategies. By leveraging personalized spatial intelligence, PredxBio aims to streamline clinical workflows and advance the overall efficiency of the drug development process.

Phlux Technologies

Seed Round in 2023
Phlux Technologies, founded in 2020 and based in Pittsburgh, Pennsylvania, specializes in developing innovative 3D sensor technology for industrial robotics and automation. The company's core products are programmable 3D sensors that enhance safety and efficiency by enabling robots to navigate effectively, protecting workers from hazards, and detecting obstacles. Phlux Technologies' proprietary optical sensing technology, combined with artificial intelligence and computer vision, creates digital safety zones around machinery, optimizing floor space usage and reducing setup times.

Agot

Convertible Note in 2023
Agot is an all-in-one computer vision platform for quick-service and other food service brands. It digitizes restaurant activities and translates observations into real-time team interactions and actionable analytics, helping to reduce online order errors, increase order volume and ratings, and improve pickup time estimates while providing operations insights across locations.

Velo.AI

Non Equity Assistance in 2023
Velo.AI focuses on enhancing cyclist safety through its innovative product, Copilot, an AI-powered bike light that integrates advanced autonomous vehicle technology. This system features a rear-facing camera that records video of each ride, capturing critical data while providing real-time alerts to cyclists about approaching vehicles. Copilot issues audible warnings when a driver approaches dangerously and employs visual signals to inform drivers about potential hazards involving bicyclists. Additionally, the technology includes predictive risk estimation capabilities, which analyze driver behavior to promote safer cycling practices and help prevent accidents. Through these features, Velo.AI aims to improve visibility for cyclists and contribute to safer road interactions.

Velo.AI

Seed Round in 2023
Velo.AI focuses on enhancing cyclist safety through its innovative product, Copilot, an AI-powered bike light that integrates advanced autonomous vehicle technology. This system features a rear-facing camera that records video of each ride, capturing critical data while providing real-time alerts to cyclists about approaching vehicles. Copilot issues audible warnings when a driver approaches dangerously and employs visual signals to inform drivers about potential hazards involving bicyclists. Additionally, the technology includes predictive risk estimation capabilities, which analyze driver behavior to promote safer cycling practices and help prevent accidents. Through these features, Velo.AI aims to improve visibility for cyclists and contribute to safer road interactions.

SpIntellx

Convertible Note in 2023
SpIntellx, Inc. is a computational and systems pathology company based in Pittsburgh, Pennsylvania, that specializes in spatial intelligence software products designed for analyzing pathology tissue sections in cancer diagnosis. Founded in 2017, the company offers innovative solutions such as SpIntellx, which processes image data sets from various imaging platforms and reagents, and HistoMapr, a computational guide for pathologists. Additionally, TumorMapr is utilized to analyze the spatial interactions of biomarkers within whole slide images using multiplexed fluorescence. With a focus on Precision Pathology and Spatially Intelligent Biology, SpIntellx leverages unbiased spatial analytics powered by explainable AI to enhance understanding of complex cancer biology, thereby facilitating advancements in drug development, diagnostics, and treatment strategies.

SpIntellx

Seed Round in 2022
SpIntellx, Inc. is a computational and systems pathology company based in Pittsburgh, Pennsylvania, that specializes in spatial intelligence software products designed for analyzing pathology tissue sections in cancer diagnosis. Founded in 2017, the company offers innovative solutions such as SpIntellx, which processes image data sets from various imaging platforms and reagents, and HistoMapr, a computational guide for pathologists. Additionally, TumorMapr is utilized to analyze the spatial interactions of biomarkers within whole slide images using multiplexed fluorescence. With a focus on Precision Pathology and Spatially Intelligent Biology, SpIntellx leverages unbiased spatial analytics powered by explainable AI to enhance understanding of complex cancer biology, thereby facilitating advancements in drug development, diagnostics, and treatment strategies.

CapSen Robotics

Seed Round in 2022
CapSen Robotics develops advanced computer vision systems that enable machines to comprehend and navigate cluttered environments. Their core technology, derived from MIT research on 3D object detection, empowers robots and automation systems in various industries such as manufacturing, logistics, and retail inventory management.

Phlux Technologies

Seed Round in 2022
Phlux Technologies, founded in 2020 and based in Pittsburgh, Pennsylvania, specializes in developing innovative 3D sensor technology for industrial robotics and automation. The company's core products are programmable 3D sensors that enhance safety and efficiency by enabling robots to navigate effectively, protecting workers from hazards, and detecting obstacles. Phlux Technologies' proprietary optical sensing technology, combined with artificial intelligence and computer vision, creates digital safety zones around machinery, optimizing floor space usage and reducing setup times.

Phlux Technologies

Seed Round in 2021
Phlux Technologies, founded in 2020 and based in Pittsburgh, Pennsylvania, specializes in developing innovative 3D sensor technology for industrial robotics and automation. The company's core products are programmable 3D sensors that enhance safety and efficiency by enabling robots to navigate effectively, protecting workers from hazards, and detecting obstacles. Phlux Technologies' proprietary optical sensing technology, combined with artificial intelligence and computer vision, creates digital safety zones around machinery, optimizing floor space usage and reducing setup times.

SpIntellx

Seed Round in 2021
SpIntellx, Inc. is a computational and systems pathology company based in Pittsburgh, Pennsylvania, that specializes in spatial intelligence software products designed for analyzing pathology tissue sections in cancer diagnosis. Founded in 2017, the company offers innovative solutions such as SpIntellx, which processes image data sets from various imaging platforms and reagents, and HistoMapr, a computational guide for pathologists. Additionally, TumorMapr is utilized to analyze the spatial interactions of biomarkers within whole slide images using multiplexed fluorescence. With a focus on Precision Pathology and Spatially Intelligent Biology, SpIntellx leverages unbiased spatial analytics powered by explainable AI to enhance understanding of complex cancer biology, thereby facilitating advancements in drug development, diagnostics, and treatment strategies.

Sterile Vision

Seed Round in 2021
Sterile Vision is a medical technology company that offers a platform designed to organize and track sterilizable tools and consumables throughout their use cycle in the perioperative environment. Utilizing advanced computer vision and machine learning algorithms, the platform captures images of surgical instruments at various stages, allowing for precise identification and tracking. This innovative approach aims to minimize the risk of tool loss, optimize the organization of tool trays, and enhance overall efficiency. By streamlining the sterilization, processing, and distribution workflow, Sterile Vision seeks to reduce costs and improve the management of surgical instruments both inside and outside the operating room.

CapSen Robotics

Seed Round in 2020
CapSen Robotics develops advanced computer vision systems that enable machines to comprehend and navigate cluttered environments. Their core technology, derived from MIT research on 3D object detection, empowers robots and automation systems in various industries such as manufacturing, logistics, and retail inventory management.

Agot

Seed Round in 2020
Agot is an all-in-one computer vision platform for quick-service and other food service brands. It digitizes restaurant activities and translates observations into real-time team interactions and actionable analytics, helping to reduce online order errors, increase order volume and ratings, and improve pickup time estimates while providing operations insights across locations.

RoadBotics

Non Equity Assistance in 2019
RoadBotics uses advanced computer vision technology to inspect roads and infrastructure globally. It rapidly identifies road issues at scale, providing unbiased ratings and interactive maps for data-driven decision-making by governments and communities.

Smoke Detective

Seed Round in 2019
Smoke Detective is a developer of an innovative smoke detection application that transforms any camera-enabled smart device into a smoke detector. The application leverages advanced algorithms to process images and videos in real-time, enabling it to monitor for visible smoke without the need for calibration or additional hardware. By utilizing standard mobile processors, Smoke Detective's technology can effectively identify smoke presence and promptly send alerts or mobile notifications to users. This proactive approach helps clients remain vigilant and take preventive measures against potential fire hazards.

CleanRobotics

Seed Round in 2019
CleanRobotics, Inc., based in Pittsburgh, Pennsylvania, specializes in the development of TrashBot, an autonomous waste management system that enhances the recycling process. Utilizing robotics, computer vision, and artificial intelligence, TrashBot effectively identifies and segregates sorting waste from recyclables. This innovative approach not only reduces waste hauling costs for businesses but also supports recycling plants by making recycling more affordable and efficient. The system incorporates cloud-connected technology, cameras, and sensors to scan materials, providing valuable data for recyclers and promoting sustainable waste management solutions to address ongoing environmental challenges.

Agot

Pre Seed Round in 2019
Agot is an all-in-one computer vision platform for quick-service and other food service brands. It digitizes restaurant activities and translates observations into real-time team interactions and actionable analytics, helping to reduce online order errors, increase order volume and ratings, and improve pickup time estimates while providing operations insights across locations.

RoadBotics

Seed Round in 2018
RoadBotics uses advanced computer vision technology to inspect roads and infrastructure globally. It rapidly identifies road issues at scale, providing unbiased ratings and interactive maps for data-driven decision-making by governments and communities.

CapSen Robotics

Seed Round in 2018
CapSen Robotics develops advanced computer vision systems that enable machines to comprehend and navigate cluttered environments. Their core technology, derived from MIT research on 3D object detection, empowers robots and automation systems in various industries such as manufacturing, logistics, and retail inventory management.

RoadBotics

Seed Round in 2018
RoadBotics uses advanced computer vision technology to inspect roads and infrastructure globally. It rapidly identifies road issues at scale, providing unbiased ratings and interactive maps for data-driven decision-making by governments and communities.

CapSen Robotics

Angel Round in 2016
CapSen Robotics develops advanced computer vision systems that enable machines to comprehend and navigate cluttered environments. Their core technology, derived from MIT research on 3D object detection, empowers robots and automation systems in various industries such as manufacturing, logistics, and retail inventory management.
Spot something off? Help us improve by flagging any incorrect or outdated information. Just email us at support@teaserclub.com. Your feedback is most welcome.