Frank DiBello

President and CEO

Tony Gannon

Vice President, Research and Innovation

8 past transactions

Guident

Grant in 2023
Guident Technologies is an IT company that focuses on enhancing the safety and control of autonomous vehicles and robots through its patented software applications. It offers a range of services including data warehousing, big data analytics, business intelligence, Oracle database administration and tuning, as well as ERP implementation and integration. Additionally, Guident provides web application development and maintenance, enterprise-wide reporting, and independent verification and validation services. The company serves both government and commercial sectors, aiming to improve the reliability and security of autonomous systems.

NovelSat

Grant in 2023
NovelSat is a prominent provider of advanced content connectivity solutions, specializing in satellite communications. The company develops a range of products, including satellite modems, modulators, demodulators, and integrated video transmission systems, designed to enhance the efficiency and security of data and video delivery. NovelSat's innovative technologies enable higher capacity and improved availability, making them suitable for demanding applications across various sectors, such as telecommunications, media, entertainment, government, and mobility. By focusing on performance, agility, and content security, NovelSat transforms networks to support growth and deliver new experiences across devices, anytime and anywhere.

Novineer

Grant in 2022
Novineer is a generative design software company that focuses on enhancing the efficiency of product engineers in designing and manufacturing high-performance products. Founded in February 2022 by Dr. Ali Tamijani, the company is headquartered in Daytona Beach, Florida. Novineer's software offers optimized design with adaptable geometry and improved performance, particularly in 3D printing applications. This technology allows users to create optimized toolpaths and reduces the engineering design time significantly, streamlining the design process from up to four days to as little as twelve hours. In addition to its core offerings, Novineer is involved in innovative applications such as suborbital balloon technology and concussion detection sensors embedded in sports helmets.

Revterra

Grant in 2022
Revterra Corporation is a Houston-based company that specializes in the development of flywheel energy storage systems for industrial and utility-scale applications, particularly in the storage of renewable energy sources like wind and solar. Established in 2017, Revterra employs patented technology featuring passive magnetic bearings, which allows for efficient energy storage at high speeds with low power consumption. The company aims to address power infrastructure challenges and facilitate the adoption of renewable energy while promoting electrification. By providing a grid-stabilizing kinetic battery solution, Revterra assists charge point operators in establishing new direct current fast charging locations without the need for extensive infrastructure upgrades, thereby enabling quicker and more cost-effective installations for electric vehicle charging.

EVQLV

Grant in 2022
EVQLV focuses on transforming the design and development of antibody-based therapeutics through advanced computational techniques. The company offers an AI-driven platform for de novo antibody discovery and engineering, catering to researchers in biotechnology, pharmaceuticals, reagent distribution, and academia. By enhancing the efficiency of antibody development, including various formats such as VHHs, ADCs, and BsAbs, EVQLV aims to expedite the creation of new therapeutic candidates and optimize existing ones. Through collaboration with partners at different stages of research, EVQLV seeks to facilitate the development of innovative immunotherapies, ultimately making the process faster and more cost-effective for scientists and companies engaged in large molecule discovery.

Eve Air Mobility

Post in 2022
Eve Holding Inc specializes in Urban Air Mobility solutions, focusing on advancing the air mobility ecosystem. The company's core offerings include the design and production of electric vertical takeoff and landing vehicles (eVTOLs), which cater to various operators, including fixed-wing and helicopter services. Additionally, Eve provides a range of maintenance and support services for both its own eVTOLs and those of third-party operators. A key component of its strategy is the development of an Urban Air Traffic Management system, designed to facilitate the safe and efficient operation of eVTOLs in densely populated urban environments, alongside conventional aircraft and drones. Through these initiatives, Eve aims to create a safe, accessible, and environmentally friendly air mobility framework.

Heurobotics

Grant in 2018
Heurobotics researchers will further evolve the Mark II technology. “Heurobotics will be using the Agrowing company’s proprietary sensor technology to perform both remote and close sensing in the field to identify crop stress,” explained Kerry Karl, Heurobotics’ chief executive officer. “Agrowing’s team will work with Heurobotics engineers to develop optimal flight-profile requirements of a small unmanned aerial system of their configuration to collect meaningful data.”

Because Learning

Seed Round in 2015
Because Learning is an educational technology company based in Sandy, Utah, founded in 2012. It offers a unique platform that connects students with space exploration through hands-on learning experiences in STEM education. The company provides tools and resources for educators, enabling students to conduct experiments and collect real-world data from space using various sensors. Their offerings include a space kit that allows classrooms to engage with satellite technology, as well as an open satellite platform that lets users design applications and control onboard cameras for on-demand imaging. Additionally, Because Learning operates an online store selling various educational products, including DemoSats, classroom launch packs, and expansion kits, aimed at enhancing the learning experience.
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