
Venture Capital
We invest in early-to-growth stage companies that leverage data, technology advances and business models to shape the industrial future. Our portfolio generally includes investments in manufacturing, digital technologies, transportation and mobility, sustainability and the built environment.
Selected Investments

Exited

Aras engineering and manufacturing software enables the world’s largest manufacturers to manage the lifecycle of complex industrial, medical and electronics products.

ARRIS Composites’ additive molding manufacturing technology empowers the world’s top brands to produce smarter, lighter, stronger, and more sustainable products at scale.

ASAPP is a research-driven company focused on elevating enterprise performance with advances in AI that augment human activity and automate workflows.

AssetWatch is a leading AI-driven proactive maintenance platform, combining proprietary sensors, cloud-based enterprise software and machine learning to transform vibration and temperature data into early detection and resolution of machine issues.

Carbon combines software-enabled hardware with materials science to deliver digital manufacturing solutions that empower customers to create revolutionary products at scale.

Catalant’s software and online marketplace enables organizations to leverage a high quality, agile workforce and quickly execute mission critical workstreams.

CelLink manufactures customized high-conductance, large-area flexible circuits that enable optimized and efficient power and data systems design in automotive applications.

Claroty is an industrial cybersecurity company, helping customers reveal, protect and manage their OT, IoT, and IIoT assets. The company’s comprehensive platform connects seamlessly with customers’ existing infrastructure and programs while providing a full range of industrial cybersecurity controls for visibility, threat detection, risk and vulnerability management and secure remote access.

Cruise makes self-driving vehicles with the potential to save millions of lives, reshape our cities, give people more time, and restore freedom of movement for many.

NYSE: DM

Desktop Metal provides comprehensive 3D printing solutions that are changing how parts are designed, manufactured and sold.

Ecovative uses mycelium to grow category-defining products ranging from leather-like textiles to sustainable packaging to high-performance foams for apparel and beauty, enabling clients to access sustainable alternatives to plastics and polystyrene foams for packaging, building materials, and other applications by using mushroom technology.

Acquired by Generac (NYSE: GNRC)

Enbala (acquired by Generac) deploys intelligent software to manage complex distributed energy resources in real-time to improve customer economics and electricity grid resiliency and reliability.

Everactive provides an IoT sensing platform that enables continuous monitoring of any remote asset by combining self-powered wireless sensors and cloud analytics.

Extend is an API-first company that allows any merchant to easily offer extended warranties and protection plans while providing the merchant’s end customers with a vastly improved and modern support experience that eliminates many of the issues customers face today with legacy providers.

Fictiv’s digital manufacturing ecosystem delivers high quality precision parts at unprecedented speeds to help hardware teams accelerate design innovation and simplify operations.

Figment is one of the world’s largest blockchain infrastructure and services providers, with a mission to support the adoption, growth and long term success of the Web 3 ecosystem.

Forge is rebuilding the trades industry with a unique learning system coupled with digital tools to improve quality, productivity and safety in the field.

Higharc is an intelligent homebuilding platform that enables users to customize floor plans, materials and other options, providing homebuilders a digital tool to improve sales and improve efficiency and quality in the field.

Hive provides cloud-based AI solutions that help companies unlock the next wave of enterprise automation use cases.

HOVER’s computer vision and mapping technology transforms smartphone photos of any property into an interactive 3D model, enabling quick measurement, design, and estimation of exterior home improvement projects.

Join‘s multi-party collaboration software connects various stakeholders and their data to improve decision making in the pre-construction phase, when it can most positively impact the project outcome.

KoBold Metals is a next generation mineral exploration company focused on key electrification minerals including copper, nickel and cobalt.

LatentAI’s groundbreaking AI processing platform is a modular, fully integrated workflow enabling adaptive AI across the edge continuum without requiring changes to existing AI/ML infrastructure and frameworks.

Loveland Innovations has developed a drone-based solution that digitizes property data extremely accurately, empowering users to easily analyze the information and make informed decisions.

Mainspring Energy’s onsite generator technology provides fuel-flexibility and resiliency while saving cost and carbon and accelerating the transition to a net-zero carbon electric grid.

Menlo Micro has developed the ideal switch, combining the strengths of relays with the merits of the transistor to eliminate trade-offs for system designers.

MyForest Foods produces healthy plant based whole-cut meat alternatives using an innovative mycelium-based technology process. Its first flagship product is MyBacon Strips, the first whole-cut, plant-based bacon.

Nexar is building the world’s first vehicle-to-vehicle safe-driving network leveraging machine vision and AI to improve driving safety and understand urban environments.

Optimal Dynamics brings next-generation AI to the logistics industry. Through their SaaS platform, they enable logistics operations to automate and optimize strategic and operational decisions.

Poka’s connected worker platform improves factory productivity by empowering workers to learn, solve problems and share knowledge in real-time on the factory floor.

NYSE: PTRA

Proterra is the leading manufacturer of zero-emission transit buses and heavy-duty powertrains, providing cleaner and quieter transportation solutions while reducing fleet costs for owners and operators.

Rhumbix is a mobile-first construction platform designed to connect the field and office by providing teams with data-driven project reporting and real-time production insights.

NASDAQ: RIVN

Rivian has developed and vertically integrated a connected electric platform that can be flexibly applied to a range of applications, including the company’s adventure products as well as B2B products such as last-mile delivery vans.

Saildrone is the world leader in oceangoing autonomous surface vehicles, providing unrivaled payload, range, and reliability enabling unprecedented intelligence for climate, mapping, and maritime security.

NYSE: STEM

Stem combines advanced energy storage solutions with a world-class artificial intelligence (AI)-powered analytics platform to address the challenges of today’s dynamic energy market.

Superior Sensor provides highly accurate, programmable, MEMS based pressure and flow sensors that are 10x more sensitive and accurate than competitors.

Tamr provides cloud-native master data management to make it easy to connect internal and external data sources quickly to power analytic insights and drive business outcomes.

Tomorrow.io (formerly Climacell) is powering actionable weather insights around the world, with a mission to help people and organizations manage weather-related challenges with the best information and insights.

Acquired by TeamViewer (FRA: TMV)

Upskill (acquired by TeamViewer) develops virtual & augmented reality software for wearables to deliver task specific information for workers in manufacturing, field service, and logistics.

Verbit harnesses the power of artificial and human intelligence to provide a smart transcription and captioning solution. Built on adaptive algorithms, it is the only technology that generates the most detailed speech-to-text files to provide over 99% accuracy, delivered at record-breaking speed.

NYSE: VLTA

Volta is building the most utilized public EV charging network and leveraging the power of forward-leaning brands and real estate partners to unlock the future of mobility.

ZincFive has developed a unique and scalable nickel-zinc battery technology for mission-critical stationary, motive and data center UPS applications.
In the News

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Axios: Scoop: Media startup banks on charging for buzzy business news

New York Times: Former Condé Nast Editor Plans a Vanity Fair for the Substack Era

Catalant Technologies Secures $35M Investment to Capitalize on Market Growth

Fictiv Raises $35M from 40 North Ventures and Honeywell

Volta Industries, Inc. and Tortoise Acquisition Corp. II Announce Planned Merger Combined Company to Remain on the NYSE

Volta Announces $125 Million Financing

Desktop Metal buys fellow 3D printing company EnvisionTEC for $300M

Everactive Raises Oversubscribed $35 Million Series C Financing to Accelerate Growth of Batteryless Pervasive Remote Monitoring for Industry 4.0

Proterra Set To Take Heavy-Duty Electric Vehicle Business Public via SPAC Transaction

Next-Generation Proterra EV Battery Manufacturing Facility Opens in Los Angeles County

Desktop Metal Becomes the World’s Only Publicly Traded Pure-Play Additive Manufacturing 2.0 Company