Lateral Capital Management

Lateral Capital is an early-stage investment company that invests in technology companies to bring new products and services to the market. It invests in technology from health care to industrial products; from specialty B2B software to cancer vaccines. Before investing, the company makes sure that the company that they will be investing have a completed product or service with compelling benefits, proprietary technology with issued or filed patents, logical strategic buyers who will want to buy the company, and business models which lead to cash flow breakeven while the company waits for a buyer. It was founded in 2003 in Sarasota, Florida.

Mark Cronin

Principal

4 past transactions

Pathology Watch

Series A in 2020
Pathology Watch delivers an intuitive and easy-to-implement digital pathology solution for dermatologists. They work with clinical dermatology practices to digitize the pathology workflow, which is helping to improve the quality of patient care, reduce costs, and open up new potential streams of revenue for clinics and hospitals. They also deliver an intuitive and easy-to-implement digital pathology solution that includes access to top-tier Dermatopathologists. It was founded in 2017 and is based in Salt Lake City, Utah.

Vaporox

Seed Round in 2020
Vaporox was formed to commercialize Vaporous Hyperoxia Therapy (VHT), a patented and FDA-510(k)-cleared technology that represents a breakthrough in treating 9 different types of skin wounds, including diabetic foot ulcers (DFUs), as well as amputations, burns, frostbite, gangrene, pressure ulcers (bed sores), and skin grafts.

Agribody Technologies, Inc.

Seed Round in 2017
Agribody Technologies is a agricultural biotechnology company with patented technology that pinpoints and knocks down the gene that causes quick decay in perishable crops, resulting in 3X - 4X longer shelf life, more tolerance to stress, and up to 40% higher yields. CRISPR genome editing is the technical breakthrough enabling our precise novel plant trait development at low cost and high scalability, providing solutions for agricultural crop loss and food waste. We license and co-develop our technology.

Natilus

Seed Round in 2017
Natilus was co-founded by Aleksey Matyushev and Anatoly Starikov in 2016 to commoditize the freight transport industry through innovative designs and advanced technology. The team is comprised of passionate engineering experts who have worked on more than 25 aircraft programs in general aviation, commercial and military aviation. The company's mission will reduce air freight costs and lower the price of food in stores, level the barriers in cross-border trade, and help connect low infrastructure areas to the rest of the world. By commoditizing the freight transport industry, Natilus will maximize the value, efficiency, and sustainability of the world's supply chain. The market for autonomous cargo aircraft is greater than $280 billion based on market research; however, Natilus believes that by lowering the cost of air cargo transport, it can introduce a new category of freight and expand the total addressable market of air freight to $470B once operations begin. Natilus aircraft use existing ground infrastructure and standard air cargo containers, as well as offer remote piloting to produce an innovative turnkey solution for its customers. The Natilus family of cargo aircraft includes: Kona - short-haul feeder UAV, Alisio - medium/long range UAV, and Nordes - long-range UAV.
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