SDL Ventures

The strategy for SDL Ventures is to focus on early stage investments offering clear technical differentiation and a strong founder team. A majority of SDL Ventures' investments have involved optical technology. Additional investments have also been made in the medical, alternative energy and Internet-related industries. Since its inception, SDL Ventures has been involved with over twenty financings in fourteen companies. SDL Ventures is the lead investor for half of these companies. In mid-2005, one of these companies, Photonic Power, accomplished a successful exit via an acquisition.

Michael Foster

Partner

11 past transactions

SelectION

Series A in 2019
SelectION is a clinical-stage biopharmaceutical company developing novel peptide therapies for autoimmune diseases and selecting cancer indications by targeting autoreactive, chronically activated T cells. It has established a technology platform to develop potent and highly selective peptide blockers for ion channels involved in various diseases. Its platform enables to optimize the target selectivity, providing the opportunity to develop drugs with significantly improved efficacy and safety profiles.

Retrotope

Series B in 2015
Retrotope creates a new category of drug platform to preserve and restore mitochondrial health in degenerative diseases. It is a privately held company focused on the development of ways of controlling metabolic processes associated with oxidative stress conditions. Retrotope uses isotope effect to slow down damaging pathways. The company has several discovery and development programs that involve major classes of biopolymers, with the major focus on neurological diseases such as Friedreich's ataxia. It was founded in 2006 and is located in Los Altos Hills, California.

RetroSense Therapeutics

Series A in 2015
RetroSense Therapeutics is a biotechnology company developing life-enhancing gene therapies designed to restore vision in patients suffering from blindness due to retinitis pigmentosa (RP) and advanced dry age-related macular degeneration (advanced dry-AMD). There are currently no FDA approved drugs to improve or restore vision in patients with these retinal degenerative conditions. The company's approach to using optogenetics in vision restoration is based on pioneering, proprietary research conducted at Wayne State University and Massachusetts General Hospital. Founded in 2009, RetroSense Therapeutics is headquartered in Ann Arbor, Michigan.

BridgeWave Communications

Venture Round in 2009
BridgeWave Communications is a supplier of outdoor Gigabit wireless connectivity solutions. BridgeWave's point-to-point, wireless solutions are typically deployed in mainstream enterprise and service provider network applications and are poised to play a key role in the migration to 4G mobile network backhaul.

BridgeWave Communications

Series C in 2007
BridgeWave Communications is a supplier of outdoor Gigabit wireless connectivity solutions. BridgeWave's point-to-point, wireless solutions are typically deployed in mainstream enterprise and service provider network applications and are poised to play a key role in the migration to 4G mobile network backhaul.

TRIA Beauty

Series D in 2007
TRIA Beauty develops and markets light-based therapeutic beauty systems for the consumer market. The company provides a diode laser hair removal system for home use. It offers its products through a network of retailers.

TRIA Beauty

Series C in 2005
TRIA Beauty develops and markets light-based therapeutic beauty systems for the consumer market. The company provides a diode laser hair removal system for home use. It offers its products through a network of retailers.

TRIA Beauty

Series B in 2005
TRIA Beauty develops and markets light-based therapeutic beauty systems for the consumer market. The company provides a diode laser hair removal system for home use. It offers its products through a network of retailers.

Konarka Technologies

Series C in 2004
Konarka Technologies, Inc. develops and advances nano-enabled polymer photovoltaic materials for commercial, industrial, government, and consumer applications. It provides standard products to serve portable power needs; and custom solutions, such as roll up chargers, personal accessories, and fold up chargers. The company's products are used in outdoor, portable power, indoor and remote sensing, and mission critical applications. It has strategic partnerships with Air Products, 24 Innovations, Kurz, SkyShades, Chevron, Merck, Toppan Forms, Dupont, Siemens, and the U.S. Air Force. Konarka Technologies, Inc. was founded in 2001 and is headquartered in Lowell, Massachusetts with business development offices in Asia. It has a research and development facility in Austria. The company has operations in the United States, Europe, and Asia.

Calient Technologies

Series D in 2004
Calient provides high-density 3D MEMS (Micro-Electro-Mechanical Systems) optical circuit switching for software-defined networks and data centers. Its optical circuit switching technology is used by service providers, cloud computing, content delivery, and government networks. This offers businesses with adaptive photonic switching systems that enable dynamic optical layer optimization in software-defined networks and data centers. The company’s 3D-MEMS switches enable dynamic optical-layer sharing, optimization, and automation of high-performance test, compute, and network resources in data centers, optical transport networks, and DevOps test automation facilities. Calient Technologies was established in 1999 and is headquartered in Goleta, California.

TRIA Beauty

Series A in 2003
TRIA Beauty develops and markets light-based therapeutic beauty systems for the consumer market. The company provides a diode laser hair removal system for home use. It offers its products through a network of retailers.
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