Slater Technology Fund is a venture capital firm based in Providence, Rhode Island, founded in 1997. The firm specializes in early-stage investments, focusing on sectors such as life sciences, biomedical technology, information technology, and clean energy. Within these sectors, it targets software, internet, digital media, and alternative energy resources. Slater Technology Fund primarily invests in companies at their inception stage, often leveraging ideas and technologies emerging from local academic institutions and government research laboratories. The firm typically invests up to $0.75 million per transaction and up to $3 million annually, with the potential for follow-on financing from venture capital investors or strategic partners. Its mission includes fostering the development of high-value, high-wage jobs in the region.
CarbonPoint Solutions, an energy technology startup based in South Kingstown, Rhode Island, specializes in developing innovative modular power systems for the oil, gas, geothermal, and power markets across North America. The company focuses on advanced oxygen combustion-based power systems, including multi-fuel piston engines and high-pressure turbine engines. In addition to its power generation solutions, CarbonPoint Solutions is engaged in the production of carbon dioxide for large industrial processes and offers consulting and project management services in various energy sectors. The company is also commercializing patented technologies originally developed by the Naval Undersea Warfare Center, including semi-closed cycle generators designed to capture carbon dioxide for sequestration or productive reuse.
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