Tyche Group

Tyche Partners is a venture capital firm that focuses on investments in early and early growth stage companies with disruptive technologies. We thrive to invest in and work with entrepreneurs with big dreams and drive to change the world. We look for companies with products that can achieve 10X performance improvement and have the potential of redefine the industry landscape. We invest primarily in HardTech sectors. Some of the sectors where we have invested include: * Cloud and enterprise infrastructure * Internet of Things (IoT) and wearable devices * 3D printing and robotics * Autonomous driving and AR/VR * Semiconductors * SpaceTech We invest and collaborate with tier-one VCs. Our team work closely with entrepreneurs offering strategic and operational support and guidance and helping them to building great and exciting companies.

Tony Chao

Partner

Fang Li

Partner

Weijie Yun

Managing Partner

35 past transactions

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.

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.

SpinLaunch

Series A in 2018
SpinLaunch Inc., a spaceflight technology development company, focuses on the development of an alternative launch system that uses a large mass accelerator to hurl payloads to space. It builds a kinetic space launch system that allows for on-demand launches of small satellites in any weather. The company was incorporated in 2014 and is based in Long Beach, California.

Ayar Labs

Series C in 2022
Ayar Labs, Inc. develops optical interconnect chiplets and lasers. It offers TeraPHY, a high-density electronic-photonic chiplet and monolithic in-package optical I/O (MIPO I/O) solution. The company also provides SuperNova, a multiwavelength, multi-port light source that supplies the continuous wave (CW) light that powers TeraPHY. Its products are used in various industry verticals, such as artificial intelligence and high performance computing, cloud computing and telecommunications, aerospace and military, and light detection and ranging. Ayar Labs, Inc. was formerly known as OptiBit Inc. The company was incorporated in 2015 and is based in Emeryville, California with an additional office in Santa Clara, California.

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.

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.

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.

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.

Ripcord

Private Placement 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.

Desktop Metal

Series E in 2019
Desktop Metal is reinventing the way design and manufacturing teams produce and 3D print metal parts - from prototyping through mass production. The team is built around the disciplines of materials science, hardware and software engineering, and design. They have raised $97 million in equity funding with investment from technology leaders including Google, BMW, Lowe’s, and Kleiner Perkins Caufield & Byers. Located just outside of Boston we are assembling a team of experts and are looking to hire curious and driven engineers, scientists, and designers.

Shoof Technologies

Seed Round in 2018
Shoof Technologies is a pioneer of an advanced wireless technology and collaborative network designed specifically for the Industrial IoT and Logistics market. Shoof connects and transports data from assets to the cloud in a reliable, secure, scalable and low-cost manner. Building upon advanced wireless technology with edge intelligence, the Shoof solution combines this low-cost infrastructure with flexible cloud data access and a simple subscription business model.

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.

Vence

Series A in 2021
Vence makes a hardware solution for cattle which when combined with their application software allows farmers to remotely manage/control their livestock. Their solution increases the utilization of the available grasses (increased the number of animals on a farm), removes costs associated with fencing (hardware/ maintenance costs/ labor) and eliminates labor associated with moving the animals.

Celestial AI

Seed Round in 2021
Inorganic Intelligence is a Neuromorphic Photonic AI Computing solution that serves as deep learning and machine learning applications. The company was founded in 2020 by David Lazovsky, Michelle Tomasko, and Preet Virk and is based in San Jose, California, United States.

Formlabs

Series B in 2016
Formlabs Inc. designs and manufactures 3D printing systems for engineers, designers, and artists. It also offers standard, castable, flexible, tough, and dental SG materials; and PreForm software, a software that prepares models for printing on Formlabs printer The company’s products are used in engineering, manufacturing, education, entertainment, dental, jewelry, healthcare, and audiology. The company was founded in 2011 and is based in Somerville, Massachusetts with additional offices in Germany, Japan, China, Singapore, Hungary, and North Carolina.

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.

Desktop Metal

Series C in 2017
Desktop Metal is reinventing the way design and manufacturing teams produce and 3D print metal parts - from prototyping through mass production. The team is built around the disciplines of materials science, hardware and software engineering, and design. They have raised $97 million in equity funding with investment from technology leaders including Google, BMW, Lowe’s, and Kleiner Perkins Caufield & Byers. Located just outside of Boston we are assembling a team of experts and are looking to hire curious and driven engineers, scientists, and designers.

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.

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.
Pavilion Data Systems Inc. designs and develops NVMe-over-Fabric storage platform that ingests, processes, stores, and serves massively-parallel applications. The company also provides OPENCHOICE, a model that defies conventional thinking about how storage is procured and deployed; and Pavilion Data OS that enable Internet and SaaS companies, cloud service providers, and enterprises to deliver business-critical applications. It offers its solutions for financial services, government solutions, hyper scale and cloud, media and entertainment, and research facilities. Pavilion Data Systems Inc. was incorporated in 2011 and is based in San Jose, California. It has additional offices in Schiphol, the Netherlands; and Pune, India.

Formlabs

Series C in 2018
Formlabs Inc. designs and manufactures 3D printing systems for engineers, designers, and artists. It also offers standard, castable, flexible, tough, and dental SG materials; and PreForm software, a software that prepares models for printing on Formlabs printer The company’s products are used in engineering, manufacturing, education, entertainment, dental, jewelry, healthcare, and audiology. The company was founded in 2011 and is based in Somerville, Massachusetts with additional offices in Germany, Japan, China, Singapore, Hungary, and North Carolina.
Pavilion Data Systems Inc. designs and develops NVMe-over-Fabric storage platform that ingests, processes, stores, and serves massively-parallel applications. The company also provides OPENCHOICE, a model that defies conventional thinking about how storage is procured and deployed; and Pavilion Data OS that enable Internet and SaaS companies, cloud service providers, and enterprises to deliver business-critical applications. It offers its solutions for financial services, government solutions, hyper scale and cloud, media and entertainment, and research facilities. Pavilion Data Systems Inc. was incorporated in 2011 and is based in San Jose, California. It has additional offices in Schiphol, the Netherlands; and Pune, India.

Pavilion Data Systems Inc.

Private Placement in 2019
Pavilion Data Systems Inc. designs and develops NVMe-over-Fabric storage platform that ingests, processes, stores, and serves massively-parallel applications. The company also provides OPENCHOICE, a model that defies conventional thinking about how storage is procured and deployed; and Pavilion Data OS that enable Internet and SaaS companies, cloud service providers, and enterprises to deliver business-critical applications. It offers its solutions for financial services, government solutions, hyper scale and cloud, media and entertainment, and research facilities. Pavilion Data Systems Inc. was incorporated in 2011 and is based in San Jose, California. It has additional offices in Schiphol, the Netherlands; and Pune, India.

Motiv

Series A in 2016
Motiv Inc. develops and manufactures ring and wearable products for fitness tracking and online security. It offers an application to support ring data, receive notifications, and to use other features. The company's products measure heart rate, steps, and sleep activity. It also sells its products online. The company was founded in 2013 and is headquartered in San Francisco, California. As of April 27, 2020, Motiv Inc. operates as a subsidiary of Proxy Technologies, Inc.

AEye

Series A in 2017
AEye is an artificial perception pioneer and creator of iDAR, a perception system that acts as the eyes and visual cortex of autonomous vehicles. Since the demonstration of its solid-state LiDAR scanner in 2013, AEye has pioneered breakthroughs in intelligent sensing. The company is based in the San Francisco Bay Area and backed by world-renowned investors including Kleiner Perkins Caufield and Byers, Taiwania Capital, Hella Ventures, LG Electronics, Subaru-SBI, Aisin, Intel Capital, Airbus Ventures, and others.

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.

Crossbar

Series D in 2015
Crossbar Inc. develops and licenses resistive RAM technology for storing data on a single chip. Its products are used in consumer electronics, mobile phones, tablet computers, and cars to stores personal entertainment, data, photos, and information; enterprise storage, solid-state drives, and cloud computing; and connected thermostats, smart meters, and industrial sensors. Crossbar Inc. was founded in 2008 and is based in Santa Clara, California.

LightForce Orthodontics, Inc.

Private Placement in 2020
LightForce Orthodontics, Inc. manufactures customizable 3D-printed orthodontic braces and bracket systems. The company offers Cloud Brackets, which are manufactured in a white ceramic polycrystalline alumina; LightTray, a 3D printed indirect bonding tray that is produced with a material and sees its bonding accuracy optimized with a set of algorithms; and TurboTrays, which have also been 3D printed and aid in the patient’s bite correction. The company's 3D technology allows to manufacture polycrystalline brackets with precise slot dimensions and contoured edges and tie-wings. LightForce Orthodontics, Inc. was formerly known as Signature Orthodontics Inc. and changed its name to LightForce Orthodontics, Inc. in December 2018. The company was incorporated in 2015 and is based in Cambridge, Massachusetts.
Pavilion Data Systems Inc. designs and develops NVMe-over-Fabric storage platform that ingests, processes, stores, and serves massively-parallel applications. The company also provides OPENCHOICE, a model that defies conventional thinking about how storage is procured and deployed; and Pavilion Data OS that enable Internet and SaaS companies, cloud service providers, and enterprises to deliver business-critical applications. It offers its solutions for financial services, government solutions, hyper scale and cloud, media and entertainment, and research facilities. Pavilion Data Systems Inc. was incorporated in 2011 and is based in San Jose, California. It has additional offices in Schiphol, the Netherlands; and Pune, India.

Celestial AI

Series A in 2022
Inorganic Intelligence is a Neuromorphic Photonic AI Computing solution that serves as deep learning and machine learning applications. The company was founded in 2020 by David Lazovsky, Michelle Tomasko, and Preet Virk and is based in San Jose, California, United States.

Formlabs

Private Placement in 2018
Formlabs Inc. designs and manufactures 3D printing systems for engineers, designers, and artists. It also offers standard, castable, flexible, tough, and dental SG materials; and PreForm software, a software that prepares models for printing on Formlabs printer The company’s products are used in engineering, manufacturing, education, entertainment, dental, jewelry, healthcare, and audiology. The company was founded in 2011 and is based in Somerville, Massachusetts with additional offices in Germany, Japan, China, Singapore, Hungary, and North Carolina.

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.

AEye

Series B in 2018
AEye is an artificial perception pioneer and creator of iDAR, a perception system that acts as the eyes and visual cortex of autonomous vehicles. Since the demonstration of its solid-state LiDAR scanner in 2013, AEye has pioneered breakthroughs in intelligent sensing. The company is based in the San Francisco Bay Area and backed by world-renowned investors including Kleiner Perkins Caufield and Byers, Taiwania Capital, Hella Ventures, LG Electronics, Subaru-SBI, Aisin, Intel Capital, Airbus Ventures, and others.

AEye

Private Placement in 2018
AEye is an artificial perception pioneer and creator of iDAR, a perception system that acts as the eyes and visual cortex of autonomous vehicles. Since the demonstration of its solid-state LiDAR scanner in 2013, AEye has pioneered breakthroughs in intelligent sensing. The company is based in the San Francisco Bay Area and backed by world-renowned investors including Kleiner Perkins Caufield and Byers, Taiwania Capital, Hella Ventures, LG Electronics, Subaru-SBI, Aisin, Intel Capital, Airbus Ventures, and others.