Open Field Capital

Open Field Capital, established in 2003, is a New York-based investment firm specializing in emerging technology. With a team of experienced professionals who have worked together for over 15 years, the firm manages portfolios of public equities and venture investments in the technology sector. Their investment strategy is tailored to the unique characteristics of emerging technology markets.

Michael Sandifer

Principal

31 past transactions

Mojo Vision

Series A in 2023
Mojo Vision Inc. is a technology company based in Saratoga, California, founded in 2015. The company specializes in the development of augmented reality solutions, focusing on high-performance micro-LED display technology. Mojo Vision has created the world's smallest and densest dynamic display for smart contact lenses, which are designed to provide users with timely information seamlessly and hands-free, without the distractions associated with traditional mobile devices. The company is also engaged in a joint development agreement with Menicon Co., Ltd. to explore smart contact lens products, further enhancing its innovative offerings. By combining advanced display and semiconductor expertise with proprietary quantum-dot technology, Mojo Vision aims to revolutionize the display industry, addressing diverse applications across consumer, enterprise, and government sectors.

Mojo Vision

Series C in 2023
Mojo Vision Inc. is a technology company based in Saratoga, California, founded in 2015. The company specializes in the development of augmented reality solutions, focusing on high-performance micro-LED display technology. Mojo Vision has created the world's smallest and densest dynamic display for smart contact lenses, which are designed to provide users with timely information seamlessly and hands-free, without the distractions associated with traditional mobile devices. The company is also engaged in a joint development agreement with Menicon Co., Ltd. to explore smart contact lens products, further enhancing its innovative offerings. By combining advanced display and semiconductor expertise with proprietary quantum-dot technology, Mojo Vision aims to revolutionize the display industry, addressing diverse applications across consumer, enterprise, and government sectors.

Delfi Diagnostics

Series B in 2022
Delfi Diagnostics, Inc. is a biotechnology company based in Baltimore, Maryland, focused on the early detection of cancer through innovative blood tests. Founded in 2018, the company employs artificial intelligence and genome sequencing to identify unique patterns of DNA fragmentation in the blood, enabling the detection of previously unrecognized cancer-associated cell-free DNA fragments. By utilizing machine learning, Delfi Diagnostics aims to develop high-precision, non-invasive blood tests that allow healthcare professionals to detect cancer at its most curable stage, thereby facilitating timely and effective treatment options for patients.

Neo Cybernetica

Seed Round in 2022
Neo Cybernetica is a company focused on developing advanced cybernetics technology aimed at enhancing the capabilities of artificial intelligence systems. By employing sophisticated communication and automatic control systems, Neo Cybernetica enables these systems to operate both autonomously and in collaboration with humans. The company's innovations are designed to prepare for and address future opportunities and challenges that humanity may face in the coming decades. Through its cutting-edge technology, Neo Cybernetica seeks to redefine the interaction between humans and artificial intelligence, positioning itself at the forefront of the evolving landscape of cybernetics.

Mojo Vision

Series B in 2022
Mojo Vision Inc. is a technology company based in Saratoga, California, founded in 2015. The company specializes in the development of augmented reality solutions, focusing on high-performance micro-LED display technology. Mojo Vision has created the world's smallest and densest dynamic display for smart contact lenses, which are designed to provide users with timely information seamlessly and hands-free, without the distractions associated with traditional mobile devices. The company is also engaged in a joint development agreement with Menicon Co., Ltd. to explore smart contact lens products, further enhancing its innovative offerings. By combining advanced display and semiconductor expertise with proprietary quantum-dot technology, Mojo Vision aims to revolutionize the display industry, addressing diverse applications across consumer, enterprise, and government sectors.

dClimate

Seed Round in 2021
dClimate is a decentralized marketplace designed to standardize, monetize, and distribute climate data, forecasts, and models. By connecting data publishers directly with consumers, dClimate enhances the accessibility and reliability of climate information. The platform scores data for reliability when providers share their forecasts, allowing users to make informed decisions based on trustworthy information. This innovative approach creates a straightforward distribution mechanism that enables data providers to monetize their work while supporting a uniform architecture that ensures data immutability. dClimate serves a diverse range of users, including businesses, farmers, multinational corporations, and governments, facilitating timely, data-driven decision-making in the face of climate challenges.

Genesis Therapeutics

Series A in 2020
Genesis Therapeutics Inc. is a biotechnology company focused on developing small molecule drug candidates aimed at treating patients with severe and debilitating disorders. Established in 2019 and headquartered in South San Francisco, California, the company utilizes a proprietary artificial intelligence platform that integrates deep neural networks, biophysical simulation techniques, and scalable computing infrastructure. This innovative approach enhances the efficiency and accuracy of drug discovery and molecular design, allowing for improved molecular generation and property prediction. By leveraging these advanced technologies, Genesis Therapeutics seeks to transform the drug development process, ultimately aiming to optimize clinical outcomes for patients in need of effective therapies.

Turntide

Venture Round in 2020
Turntide is a company focused on creating sustainable technologies aimed at reducing energy consumption and operational expenses in various sectors, including buildings, agriculture, and electric transportation. Founded in 2013 and headquartered in Sunnyvale, California, Turntide has developed an innovative electric motor system that utilizes advanced switched reluctance technology. This system is managed by sophisticated cloud software and incorporates IoT connectivity for precise control. By targeting the significant energy waste attributed to traditional electric motors, Turntide aims to support the shift away from fossil fuels and promote a more sustainable future. The company's efforts are geared towards eliminating the 25% of global electricity consumption that is currently wasted, thereby accelerating the transition to 100% renewable energy.

Rain AI

Seed Round in 2020
Rain AI is a semiconductor company dedicated to creating energy-efficient hardware specifically for artificial intelligence applications. By developing neuromorphic chips that draw inspiration from the architecture of the human brain, Rain AI aims to provide scalable, dynamic solutions for AI processing. Its innovative hardware is designed to significantly reduce energy consumption compared to conventional AI processors, addressing the increasing demand for sustainable computing. Rain AI's technology is versatile and applicable across a range of settings, from data centers to edge devices, enabling broader adoption of advanced AI capabilities. The company's advancements in learning algorithms and scaling architecture contribute to the development of more efficient neural networks, ultimately facilitating the construction of processors that mimic true artificial intelligence.

Juvena Therapeutics

Seed Round in 2020
Juvena Therapeutics, Inc. is a biopharmaceutical company based in San Mateo, California, founded in 2017. The company focuses on developing protein-based therapeutics aimed at promoting tissue rejuvenation, primarily targeting age-related conditions such as sarcopenia, wound healing, and neural regeneration. Juvena Therapeutics utilizes a drug discovery platform that screens for restored cellular functions to create innovative therapeutics that facilitate tissue regeneration and repair. By decoding secreted proteins, the company aims to address various chronic and rare diseases, ultimately enhancing the quality of life for elderly patients.

HeartVista

Series A in 2020
HeartVista is a medical technology company that provides one-click diagnostic imaging. It brought in machine learning to make the scanning process faster, easier, and more consistent. Its platform leverages existing scanners and contains all of the mri tools needed for a comprehensive cardiac examination, with just one click.

PsiQuantum

Series C in 2020
PsiQuantum specializes in developing utility-scale quantum computers using photonic qubits, aiming to tackle complex global challenges across sectors such as climate, healthcare, finance, and transportation. The company's unique approach involves manufacturing quantum chips in a leading semiconductor fab, positioning it to deliver fault-tolerant, general-purpose quantum computing capabilities.

Mojo Vision

Series A in 2018
Mojo Vision Inc. is a technology company based in Saratoga, California, founded in 2015. The company specializes in the development of augmented reality solutions, focusing on high-performance micro-LED display technology. Mojo Vision has created the world's smallest and densest dynamic display for smart contact lenses, which are designed to provide users with timely information seamlessly and hands-free, without the distractions associated with traditional mobile devices. The company is also engaged in a joint development agreement with Menicon Co., Ltd. to explore smart contact lens products, further enhancing its innovative offerings. By combining advanced display and semiconductor expertise with proprietary quantum-dot technology, Mojo Vision aims to revolutionize the display industry, addressing diverse applications across consumer, enterprise, and government sectors.

DataRobot

Venture Round in 2018
DataRobot, Inc. is a Boston-based company that specializes in developing an automated machine learning platform aimed at empowering enterprises to construct predictive models efficiently. Its offerings include DataRobot Cloud, a cloud-based platform for predictive analytics, and DataRobot MLOps, which facilitates the deployment, monitoring, and management of machine learning models across organizations. Additionally, DataRobot Enterprise provides features tailored for large organizations, such as flexible deployment options, governance, and comprehensive support. The company's solutions cater to a diverse clientele, including business analysts, data scientists, executives, and IT professionals across various sectors such as banking, healthcare, and manufacturing. Founded in 2012, DataRobot has expanded its operations internationally, with locations in London, Paris, Kyiv, Tokyo, and Singapore, and maintains a strategic partnership with Snowflake to enhance its offerings.

Formulus Black

Venture Round in 2017
Formulus Black Corporation is a technology company specializing in in-memory computing software. Founded in 2012 and based in Jersey City, New Jersey, the company has developed a platform that allows KVM-compatible applications to operate entirely in memory. Its flagship product, ForsaOS, pools physical server memory to serve as high-performance storage for low-latency and I/O-intensive applications. This innovative approach reorganizes I/O data structures to enhance the efficiency of data storage, enabling enterprises and cloud providers to maintain all data in ultrafast server memory. By allowing applications to run in memory without requiring code modifications, Formulus Black improves performance for clients across various sectors.

Fathom Radiant

Venture Round in 2017
Fathom Radiant is a developer of advanced computer hardware technology tailored for artificial intelligence development. The company specializes in integrating optics and electronics to create innovative interconnect fabrics, which result in flexible machines featuring supercomputer-level network capacity and exceptional scalability. This technology is designed to enhance deep learning processes by delivering high-performance machines capable of training neural networks at scales comparable to, or exceeding, that of the human brain. Through its cutting-edge solutions, Fathom Radiant aims to empower businesses to accelerate their AI initiatives and improve computational efficiency.

Cerebras Systems

Series C in 2017
Cerebras Systems Inc. is a technology company that specializes in manufacturing artificial intelligence chips specifically designed for deep learning applications. Founded in 2016 and headquartered in Los Altos, California, the company is dedicated to creating advanced computing systems that significantly accelerate deep learning tasks. By integrating expertise in computer architecture with machine learning, Cerebras develops innovative technologies that aim to enhance AI performance and transform the landscape of artificial intelligence. Through its unique design principles, the company seeks to push the boundaries of what is possible in AI computing.

Synthego

Venture Round in 2016
Synthego Corporation is a genome engineering company that specializes in accelerating life science research and development to enhance human health. Established in 2012 and headquartered in Redwood City, California, Synthego utilizes an innovative platform that integrates hardware, software, bioinformatics, chemistries, and molecular biology. This full-stack approach provides researchers with tools for gene editing, including engineered cells, CRISPR kits, and bioinformatics for guide RNA optimization and analysis. The products support various applications in basic research, therapeutic development, disease modeling, and diagnostics. Synthego serves a diverse range of customers, including biotechnology firms, universities, and therapeutic developers worldwide, distributing its offerings online and through partners in multiple countries. By leveraging automation and machine learning, Synthego enables genetic engineers and medical professionals to conduct research that is both rapid and cost-effective.

Hospital IQ

Venture Round in 2016
Hospital IQ LLC is a company that specializes in developing cloud-based software aimed at enhancing operational efficiency within hospitals. Founded in 2013 and headquartered in Newton, Massachusetts, the company provides a predictive analytics platform that optimizes surgical schedules, inpatient capacity, operating room usage, and discharge processes. Its technology employs artificial intelligence, machine learning, and workflow automation to deliver actionable insights, enabling hospital administrators and clinical department heads to make informed decisions regarding resource allocation and patient flow. By partnering with leading healthcare institutions, such as Brigham and Women’s Hospital, Hospital IQ systematically improves utilization and throughput across hospital networks. The company's mission is to apply operations research principles to enhance hospital performance, ultimately improving patient access, clinical outcomes, and financial results.

Cortical.io

Venture Round in 2016
Cortical.io AG, established in 2011 and headquartered in Vienna, Austria, specializes in developing and marketing innovative natural language processing (NLP) solutions. The company's proprietary technology, Semantic Folding, offers a unique approach to handling large volumes of unstructured text data. Cortical.io's product suite includes the Cortical engine for text processing, Cortical.io Contract Intelligence for AI-driven contract review and management, and Retina library, API, and databases for big text data search and analysis. The company's mission is to deliver AI-based solutions that swiftly extract, classify, and analyze information from unstructured text, providing flexibility and customization to meet specific business needs. Cortical.io maintains offices in the U.S. (New York and San Francisco) and Europe (Vienna).

Mellitus Health

Venture Round in 2016
Mellitus Health is a healthcare technology company based in Los Angeles, California, founded in 2013. It specializes in developing cloud-based software for precision insulin dosing recommendations. The company's flagship product, Insulin Insights, provides clinicians with tailored insulin dosage recommendations to optimize treatment regimens. By offering patient-specific adjustments, Mellitus Health aims to reduce blood glucose levels, complications, and overall healthcare costs associated with diabetes management.

Cortical.io

Series A in 2015
Cortical.io AG, established in 2011 and headquartered in Vienna, Austria, specializes in developing and marketing innovative natural language processing (NLP) solutions. The company's proprietary technology, Semantic Folding, offers a unique approach to handling large volumes of unstructured text data. Cortical.io's product suite includes the Cortical engine for text processing, Cortical.io Contract Intelligence for AI-driven contract review and management, and Retina library, API, and databases for big text data search and analysis. The company's mission is to deliver AI-based solutions that swiftly extract, classify, and analyze information from unstructured text, providing flexibility and customization to meet specific business needs. Cortical.io maintains offices in the U.S. (New York and San Francisco) and Europe (Vienna).

Gainspeed

Series C in 2015
Gainspeed, Inc. is a technology company based in Sunnyvale, California, specializing in a virtual Converged Cable Access Platform (CCAP). Founded in 2012 and previously known as Cohere Networks, Gainspeed provides innovative solutions that allow cable operators to address increasing capacity demands driven by the shift from QAM video to IP video. The company's virtual CCAP architecture facilitates a seamless transition to a software-driven, all-IP network, enabling operators to efficiently deploy new services and adapt to evolving market conditions. As of 2016, Gainspeed operates as a subsidiary of Nokia Corporation, further enhancing its capabilities in delivering advanced networking solutions.

Smaarts

Venture Round in 2015
Smaarts, Inc. is a technology company founded in 2012 and headquartered in San Mateo, California. The company specializes in developing software solutions that enable real-time detection of enterprise security infections. Smaarts focuses on analyzing and identifying relationships within data collected from various security devices and other sources. Its offerings include real-time malware detection and incident analysis solutions, aimed at helping businesses prevent security breaches. Through its innovative technology, Smaarts addresses the growing need for enhanced cybersecurity measures in an increasingly digital landscape.

Histide

Series A in 2014
Histide is a biotech intellectual property platform company specializing in the development of non-mutagenic extracellular therapeutic agents known as Cell Recoding Molecules (CRMs). This innovative platform leverages Histide's expertise in cell microenvironmental sensing and signal transduction to enhance the natural capabilities of cells to respond to accurate extracellular signals. The company's approach, termed Recoding Therapeutics, aims to surpass traditional therapies by offering new solutions for diseases that are currently untreatable or undruggable. Histide's technology allows for the creation of complex microenvironments that can influence the commitment of various cell types across different tissues and differentiation stages. With a focus on establishing CRMs as a new class of therapeutic solutions, Histide envisions an ecosystem of partnerships dedicated to advancing enhanced therapeutic services across a range of applications, including pharmaceuticals, medical devices, and cosmetics.

Barefoot Networks

Series A in 2014
Barefoot Networks, Inc. is a technology company founded in 2013 and based in Palo Alto, California, that specializes in the design and development of Ethernet switch chips. As a subsidiary of Intel Corporation, Barefoot Networks focuses on creating programmable network switches that simplify network programming, aiming to make it as straightforward as programming a CPU. The company's offerings include scalable load balancing, advanced telemetry, and enhanced switching and routing features, which provide enterprises, data centers, and telecom providers with the ability to introduce new functionalities in their network products without sacrificing performance. Through its innovative approach, Barefoot Networks is shaping the future of networking by enabling greater programmability and efficiency in network management operations.

Nova

Funding Round in 2014
Nova is a technology company that aids premium publishers in enhancing revenue through branded content. Founded in 2007 and headquartered in Toronto, Canada, with additional offices in New York City, London, and Sydney, Nova partners with notable organizations such as AOL, Conde Nast, News Corp, and The Telegraph to support the growth of their direct-sold branded content initiatives. The company's Branded Content Platform is specifically tailored for premium publishers, offering features for content distribution, campaign management, and performance reporting. Nova's solutions are designed to increase content views, streamline operational processes, and provide analytics that demonstrate the effectiveness of branded content programs.

Vicarious

Series B in 2014
Vicarious is an artificial intelligence company that utilizes the principles of neuro and cognitive science to create general intelligence for robots. Founded in 2010 by Dr. Dileep George and D. Scott Phoenix, Vicarious develops technology that mimics the functions of the human brain, aiming to achieve human-level intelligence in areas such as vision, language, and motor control. The company's algorithmic architecture focuses on visual perception challenges, including recognition, segmentation, and scene parsing. This innovative approach enables robot manufacturers to design robots that exhibit advanced intelligence and enhanced task efficiency, positioning Vicarious as a leader in the advancement of intelligent robotic systems.

Vicarious

Series A in 2012
Vicarious is an artificial intelligence company that utilizes the principles of neuro and cognitive science to create general intelligence for robots. Founded in 2010 by Dr. Dileep George and D. Scott Phoenix, Vicarious develops technology that mimics the functions of the human brain, aiming to achieve human-level intelligence in areas such as vision, language, and motor control. The company's algorithmic architecture focuses on visual perception challenges, including recognition, segmentation, and scene parsing. This innovative approach enables robot manufacturers to design robots that exhibit advanced intelligence and enhanced task efficiency, positioning Vicarious as a leader in the advancement of intelligent robotic systems.

SeaMicro

Venture Round in 2009
SeaMicro is a company focused on developing innovative low-power data center solutions aimed at addressing the escalating energy consumption of traditional servers. With the power demands of servers having more than doubled over the past six years, SeaMicro has engineered a new server architecture that utilizes advanced CPU design, virtualization, supercomputing, and networking technologies. Their compact servers consume only one-quarter of the power and occupy one-sixth of the space of conventional servers, making them an efficient alternative for scale-out infrastructures. Furthermore, SeaMicro's servers are designed to be plug-and-play, ensuring compatibility without the need for modifications to existing software operating systems, applications, or management systems. This approach positions SeaMicro as a leader in transforming the data center landscape into a more sustainable and efficient environment.

3Par

Series D in 2004
3PAR Inc. is a global provider of utility storage systems designed for mid-sized to large enterprises, financial services firms, cloud computing service providers, consumer-oriented Internet/Web 2.0 companies, and government entities. The company specializes in creating infrastructures that facilitate the delivery of cloud-based services, tailored to meet the demands of both internal operations and external service providers. Its enterprise-class storage systems are characterized by a clustered design that supports comprehensive multi-tenancy and incorporates features such as self-configuration, self-optimization, self-monitoring, self-healing, and scalability. 3PAR's solutions include an integrated hardware platform alongside an operating system and a suite of software applications, positioning the company as a key player in the data storage and information management sector.
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