Tyche Group

Tyche Group operates through its venture capital arm, Tyche Partners, which focuses on investing in early and early growth stage companies, particularly in disruptive technologies and hardtech sectors. Established in 2015 and headquartered in Menlo Park, California, with an additional office in San Jose, Tyche Partners seeks to support innovations in areas such as cloud and enterprise infrastructure, the Internet of Things (IoT), wearable devices, 3D printing, robotics, autonomous driving, augmented reality, virtual reality, semiconductors, and SpaceTech. The firm aims to collaborate closely with entrepreneurs, providing strategic and operational guidance to help transform their ambitious ideas into successful companies. Tyche Partners is recognized for its commitment to fostering significant performance improvements in the industries it targets.

Tony Chao

Partner

Fang Li

Partner

Weijie Yun Ph.D

Founder & Managing Partner

30 past transactions

Ayar Labs

Series C in 2022
Ayar Labs, Inc. develops advanced optical interconnect solutions, specializing in high-density electronic-photonic chiplets and lasers. Its flagship product, TeraPHY, is a monolithic in-package optical I/O solution designed for applications demanding high bandwidth, low latency, and energy efficiency in short-reach interconnects. Complementing TeraPHY, the company offers SuperNova, a multiwavelength light source that provides continuous wave light essential for TeraPHY's operation. By utilizing patented technologies based on industry-standard silicon processing techniques, Ayar Labs aims to enhance interconnect bandwidth density while reducing power consumption, thereby transforming traditional electrical interconnects in the semiconductor and computing sectors. The company's innovations are applicable across various industries, including artificial intelligence, cloud computing, telecommunications, aerospace, and military applications. Founded in 2015 and headquartered in Emeryville, California, Ayar Labs is committed to addressing the challenges posed by increasing data volumes through the miniaturization of fiber optic transceivers.

Celestial AI

Series A in 2022
Celestial AI, founded in 2020 by David Lazovsky, Michelle Tomasko, and Preet Virk, specializes in artificial intelligence-based optical neuromorphic photonics and computing solutions. The company, headquartered in San Jose, California, focuses on developing optical neural network systems that enhance deep learning and machine learning applications. Its innovative approach aims to leverage photonics technology to improve the efficiency and performance of AI computations, positioning Celestial AI as a key player in the evolving landscape of AI-driven technologies.
Pavilion Data Systems Inc. specializes in the design and development of NVMe-over-Fabric storage platforms that cater to massively-parallel applications. The company offers innovative solutions, including OPENCHOICE, which revolutionizes traditional storage procurement and deployment methods, and Pavilion Data OS, enabling Internet and SaaS companies, cloud service providers, and enterprises to efficiently manage critical applications. Pavilion's products deliver exceptional storage performance and density while avoiding the complexities associated with legacy all-flash arrays. By utilizing Hyperparallel Flash Arrays, which incorporate multiple controllers to maximize the advantages of flash technology, Pavilion achieves ultra-low latency and linear scalability, addressing the growing demand for enhanced data throughput across various sectors, including financial services, government, media, and research. Founded in 2011 and headquartered in San Jose, California, Pavilion Data Systems also maintains offices in Schiphol, the Netherlands, and Pune, India.

Lightforce Orthodontics

Series C in 2021
LightForce Orthodontics addresses this problem by applying patented, next-generation manufacturing technology adapted for use in orthodontic treatment by the industry's leading experts. It enables orthodontists to utilize its 3D-printing technology to create custom braces for each individual patient, significantly reducing the number of adjustment visits needed.

TenaFe

Series B in 2021
TenaFe is a solid-state storage controller startup that develops revolutionary SSD for data storage solutions. Its patented technology, is transforming next generation solutions by powering unparalleled reliability, performance, and energy-efficient SSDs for a wide range of devices from connected gadgets to personal computers to data centers. TeneFe was founded in 2019 and is based in Campbell, CA.

Vence

Series A in 2021
Vence Corp specializes in developing and manufacturing connected wearable devices for livestock, aimed at reducing fencing and labor expenses on farms. The company's technology includes sensors that monitor the wellbeing of animals and software that enables virtual fencing and autonomous animal control. By utilizing artificial intelligence, Vence optimizes rotational and strip grazing, enhancing livestock yield and improving grass utilization. Farmers can manage and control their livestock remotely through a smartphone application, which also provides insights into animal behavior, health, and fertility. Founded in 2016, Vence is headquartered in San Francisco, California, with an additional office in Key Largo, Florida.

Celestial AI

Seed Round in 2021
Celestial AI, founded in 2020 by David Lazovsky, Michelle Tomasko, and Preet Virk, specializes in artificial intelligence-based optical neuromorphic photonics and computing solutions. The company, headquartered in San Jose, California, focuses on developing optical neural network systems that enhance deep learning and machine learning applications. Its innovative approach aims to leverage photonics technology to improve the efficiency and performance of AI computations, positioning Celestial AI as a key player in the evolving landscape of AI-driven technologies.

Lightforce Orthodontics

Series B in 2020
LightForce Orthodontics addresses this problem by applying patented, next-generation manufacturing technology adapted for use in orthodontic treatment by the industry's leading experts. It enables orthodontists to utilize its 3D-printing technology to create custom braces for each individual patient, significantly reducing the number of adjustment visits needed.

Ripcord

Series B in 2020
Ripcord, Inc., a robotic digitization company, develops automation software for robotic digitization. It offers Canopy, a solution that uses artificial intelligence and machine learning to capture, enrich, and organize its customers’ important content; and enables enterprises to streamline their business processes. Ripcord, Inc. was formerly known as Ripcord Digital, Inc. and changed its name to Ripcord, Inc. in June 2017. The company was founded in 2014 and is headquartered in Los Angeles, California.
Pavilion Data Systems Inc. specializes in the design and development of NVMe-over-Fabric storage platforms that cater to massively-parallel applications. The company offers innovative solutions, including OPENCHOICE, which revolutionizes traditional storage procurement and deployment methods, and Pavilion Data OS, enabling Internet and SaaS companies, cloud service providers, and enterprises to efficiently manage critical applications. Pavilion's products deliver exceptional storage performance and density while avoiding the complexities associated with legacy all-flash arrays. By utilizing Hyperparallel Flash Arrays, which incorporate multiple controllers to maximize the advantages of flash technology, Pavilion achieves ultra-low latency and linear scalability, addressing the growing demand for enhanced data throughput across various sectors, including financial services, government, media, and research. Founded in 2011 and headquartered in San Jose, California, Pavilion Data Systems also maintains offices in Schiphol, the Netherlands, and Pune, India.

Playnitride

Series E in 2019
PlayNitride group is a MicroLED products and solutions provider, with its proprietary PixeLED display technology. In addition to traditional display applications, the PixeLED display technology, which can be applied for high-performance displays with very high resolution, high contrast ratio, high aperture ratio, fast response, and very low power consumption. They developing key technologies, providing different products or solutions of MicroLED displays. Playnitride was founded in 2014 and is based in Miaoli, T'ai-wan, Taiwan.

Desktop Metal

Series E in 2019
Desktop Metal, Inc. specializes in additive manufacturing solutions tailored for engineers, designers, and manufacturers across various industries, including automotive, aerospace, healthcare, and consumer products. Founded in 2015 and headquartered in Burlington, Massachusetts, the company offers several products, such as the Production System for industrial manufacturing, the Shop System for machine and job shops, the Studio System for office environments, and Fiber, a desktop 3D printer. By focusing on the entire production process from prototyping to mass production, Desktop Metal aims to transform how metal parts are designed and manufactured. The company has secured significant equity funding from notable investors, which has helped build a team of experts in materials science, hardware and software engineering, and design.

Latticework

Series A in 2018
LatticeWork develops cloud-edge solutions that tackle storage, privacy and bandwidth issues related to skyrocketing data and video consumption. The company's flagship product, Amber, is the world's first AI-powered smart storage platform with a personal hybrid cloud. Amber empowers consumers with data privacy, convenience and control -- like never before.

AEye

Series B in 2018
AEye, Inc. specializes in developing vision hardware, software, and algorithms tailored for autonomous vehicles. The company is known for its innovative iDAR platform, which integrates LiDAR, computer vision, and artificial intelligence to enhance perception and motion planning for advanced driver assistance systems (ADAS) and autonomous vehicles. AEye's product offerings include the 4Sight A and 4Sight M sensors, as well as the AE100 Robotic Perception System and AE200, which are designed to meet the demands of the mobility market with modular and high-performance features. Since its inception in 2013 and a name change in 2016, AEye has established itself as a leader in intelligent sensing technology, securing investment from prestigious firms such as Kleiner Perkins and Intel Capital. The company is headquartered in Dublin, California, within the San Francisco Bay Area.

Ambiq Micro

Series E in 2018
Ambiq Micro is an early-stage fabless semiconductor company that is developing ultra-low-power mixed-signal solutions for a new generation of wireless electronics. Ambiq Micro was founded in 2010 on the simple yet powerful notion that extremely low power semiconductors are the key to the future of electronics. Through the use of their pioneering ultra-low-power technology, they help innovative companies around the world develop differentiated solutions that reduce or eliminate the need for batteries, lower overall system power, and maximize industrial design flexibility.

SpinLaunch

Series A in 2018
SpinLaunch Inc. is a spaceflight technology development company based in Long Beach, California, founded in 2014. The company is focused on creating an innovative launch system that utilizes a large mass accelerator, or centrifuge, to propel payloads into space without the use of chemical propellants. This kinetic space launch system is designed to enable on-demand launches of small satellites in various weather conditions. By spinning the payload in a vacuum to minimize friction, SpinLaunch aims to achieve speeds of approximately 3,000 miles per hour. This method allows for a more cost-effective and sustainable approach to space travel, as the system can either launch payloads directly into space or assist them with supplemental rockets to exit Earth's atmosphere.

Qumulo

Series D in 2018
Qumulo is the file data platform for multi-cloud environments, providing unrivaled freedom, control and real-time visibility for file data at massive scale. The Qumulo experience makes file data management simple with continuous new features, a single solution for all workloads, and access to customer success experts on your schedule.

Formlabs

Series C in 2018
Formlabs Inc. specializes in designing and manufacturing 3D printing systems aimed at professionals in various fields, including engineering, design, education, healthcare, and jewelry. Founded in 2011 and headquartered in Somerville, Massachusetts, the company has expanded its presence internationally with offices in Germany, Japan, China, Singapore, Hungary, and North Carolina. Formlabs' product lineup features advanced 3D printers, such as the Form 3, Form 3B, and Fuse 1, which utilize Low Force Stereolithography (LFS) technology to deliver high-resolution prints. Additionally, the company provides a range of materials, including standard, castable, flexible, tough, and dental SG options, along with software tools like PreForm for model preparation. Formlabs is recognized for its commitment to innovation, offering post-processing solutions and manufacturing systems that cater to the needs of engineers, designers, and makers worldwide.

Shoof Technologies

Seed Round in 2018
Shoof Technologies, Inc. specializes in advanced wireless technology and collaborative networks tailored for the Industrial Internet of Things (IoT) and logistics sectors. Founded in 2016 and headquartered in Cupertino, California, the company focuses on connecting and transporting data from various assets to the cloud in a reliable, secure, and cost-effective manner. By leveraging cutting-edge wireless technology and edge intelligence, Shoof offers a flexible cloud data access solution supported by a straightforward subscription model. This approach enables efficient and scalable data management, catering to the evolving needs of the industrial and logistics markets.

Ripcord

Series B in 2017
Ripcord, Inc., a robotic digitization company, develops automation software for robotic digitization. It offers Canopy, a solution that uses artificial intelligence and machine learning to capture, enrich, and organize its customers’ important content; and enables enterprises to streamline their business processes. Ripcord, Inc. was formerly known as Ripcord Digital, Inc. and changed its name to Ripcord, Inc. in June 2017. The company was founded in 2014 and is headquartered in Los Angeles, California.

Ripcord

Series B in 2017
Ripcord, Inc., a robotic digitization company, develops automation software for robotic digitization. It offers Canopy, a solution that uses artificial intelligence and machine learning to capture, enrich, and organize its customers’ important content; and enables enterprises to streamline their business processes. Ripcord, Inc. was formerly known as Ripcord Digital, Inc. and changed its name to Ripcord, Inc. in June 2017. The company was founded in 2014 and is headquartered in Los Angeles, California.
Pavilion Data Systems Inc. specializes in the design and development of NVMe-over-Fabric storage platforms that cater to massively-parallel applications. The company offers innovative solutions, including OPENCHOICE, which revolutionizes traditional storage procurement and deployment methods, and Pavilion Data OS, enabling Internet and SaaS companies, cloud service providers, and enterprises to efficiently manage critical applications. Pavilion's products deliver exceptional storage performance and density while avoiding the complexities associated with legacy all-flash arrays. By utilizing Hyperparallel Flash Arrays, which incorporate multiple controllers to maximize the advantages of flash technology, Pavilion achieves ultra-low latency and linear scalability, addressing the growing demand for enhanced data throughput across various sectors, including financial services, government, media, and research. Founded in 2011 and headquartered in San Jose, California, Pavilion Data Systems also maintains offices in Schiphol, the Netherlands, and Pune, India.

AEye

Series A in 2017
AEye, Inc. specializes in developing vision hardware, software, and algorithms tailored for autonomous vehicles. The company is known for its innovative iDAR platform, which integrates LiDAR, computer vision, and artificial intelligence to enhance perception and motion planning for advanced driver assistance systems (ADAS) and autonomous vehicles. AEye's product offerings include the 4Sight A and 4Sight M sensors, as well as the AE100 Robotic Perception System and AE200, which are designed to meet the demands of the mobility market with modular and high-performance features. Since its inception in 2013 and a name change in 2016, AEye has established itself as a leader in intelligent sensing technology, securing investment from prestigious firms such as Kleiner Perkins and Intel Capital. The company is headquartered in Dublin, California, within the San Francisco Bay Area.

Qumulo

Series C in 2017
Qumulo is the file data platform for multi-cloud environments, providing unrivaled freedom, control and real-time visibility for file data at massive scale. The Qumulo experience makes file data management simple with continuous new features, a single solution for all workloads, and access to customer success experts on your schedule.

Desktop Metal

Series C in 2017
Desktop Metal, Inc. specializes in additive manufacturing solutions tailored for engineers, designers, and manufacturers across various industries, including automotive, aerospace, healthcare, and consumer products. Founded in 2015 and headquartered in Burlington, Massachusetts, the company offers several products, such as the Production System for industrial manufacturing, the Shop System for machine and job shops, the Studio System for office environments, and Fiber, a desktop 3D printer. By focusing on the entire production process from prototyping to mass production, Desktop Metal aims to transform how metal parts are designed and manufactured. The company has secured significant equity funding from notable investors, which has helped build a team of experts in materials science, hardware and software engineering, and design.

Formlabs

Series B in 2016
Formlabs Inc. specializes in designing and manufacturing 3D printing systems aimed at professionals in various fields, including engineering, design, education, healthcare, and jewelry. Founded in 2011 and headquartered in Somerville, Massachusetts, the company has expanded its presence internationally with offices in Germany, Japan, China, Singapore, Hungary, and North Carolina. Formlabs' product lineup features advanced 3D printers, such as the Form 3, Form 3B, and Fuse 1, which utilize Low Force Stereolithography (LFS) technology to deliver high-resolution prints. Additionally, the company provides a range of materials, including standard, castable, flexible, tough, and dental SG options, along with software tools like PreForm for model preparation. Formlabs is recognized for its commitment to innovation, offering post-processing solutions and manufacturing systems that cater to the needs of engineers, designers, and makers worldwide.

Qumulo

Series C in 2016
Qumulo is the file data platform for multi-cloud environments, providing unrivaled freedom, control and real-time visibility for file data at massive scale. The Qumulo experience makes file data management simple with continuous new features, a single solution for all workloads, and access to customer success experts on your schedule.

Motiv

Series A in 2016
Motiv Inc. is a personal technology company based in San Francisco, California, founded in 2013. The company specializes in developing and manufacturing wearable products, including rings designed for fitness tracking and online security. Motiv's products monitor essential health metrics such as heart rate, steps, and sleep activity, with an accompanying application that enhances user experience by providing data insights and notifications. The company focuses on creating aesthetically pleasing and user-friendly devices that integrate seamlessly into daily life. Motiv Inc. operates as a subsidiary of Proxy Technologies, Inc. since April 2020 and sells its products primarily online.

Crossbar

Series D in 2015
Crossbar Inc. is a startup based in Santa Clara, California, specializing in the development and licensing of resistive RAM (ReRAM) technology for data storage. Founded in 2008, the company aims to revolutionize the electronics industry by providing a new class of non-volatile memory that enables significant advancements in performance and energy efficiency. Their innovative ReRAM technology allows for up to one terabyte of storage on a chip the size of a postage stamp, making it suitable for a wide range of applications, including consumer electronics, mobile devices, enterprise storage, and cloud computing. Crossbar's solutions facilitate the integration of computing and storage subsystems, enabling designs that overcome the limitations of traditional flash and DRAM memory. The company's focus on persistent and cognitive memory supports advancements in both edge and cloud computing, positioning it at the forefront of the evolving data storage landscape.
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