Participated · Series D · Feb 2022

Federated Wireless develops shared-spectrum CBRS technology and operates a Spectrum Access System (SAS) that enables private 5G, enterprise wireless, and edge solutions. The company positions private wireless as a transformative enterprise technology and supports use cases across IoT, AR/VR, telemedicine, drones, and industrial automation. Federated says it is concentrating recent funding on speeding time to market for new product capabilities and on ecosystem development with device and edge partners. It reports more than 350 customers and over 85,000 connected devices across the United States and territories. The partner ecosystem includes more than 40 device manufacturers and edge partners. Founded in 2012 and based in Arlington, Va., the company is focused on commercializing shared spectrum for enterprises and service providers. Federated Wireless is a nationwide leader in shared spectrum and CBRS technology, providing a platform that enables commercial and private wireless deployments. Its platform aims to combine the attributes of traditional wireless and Wi‑Fi, offering lower fixed costs, higher quality, and greater efficiency and scale. The company reports more than 350 customers and over 85,000 connected devices across the U.S. and territories, serving sectors including defense, government, manufacturing, telecommunications, utilities, real estate, and education. Noteworthy customers include Charter, Comcast, Verizon, the US Department of Defense, and Carnegie Mellon University. Federated plans to use the Series D proceeds to scale its platform and support further investments in capabilities and partnerships. The company also announced several senior leadership and board appointments to support growth, including Dr. Shaygan Kheradpir on the Board, Chris Swan as Chief Commercial Officer, and Loren Buck as Chief Financial Officer. Federated Wireless is a private-network pioneer that delivers shared-spectrum and private wireless solutions, including a Spectrum Controller and Connectivity-as-a-Service (CaaS). Its CaaS offering lets enterprises order connectivity from AWS or Azure with Federated Wireless delivering and managing the network, providing cloud scalability, granular policy control, and visibility into performance and usage. The company aims to deliver 4G/5G performance at enterprise Wi-Fi costs and builds on experience managing 150 MHz of CBRS shared spectrum. Federated Wireless plans to expand into the 6 GHz band to create a path to 1,000 MHz of shared spectrum, enabling Wi-Fi 6 and 5G data transfers up to 10 Gbps. Its partner ecosystem includes more than 40 device manufacturers and edge partners, and customers span telecommunications, energy, hospitality, education, retail, office space, municipal and residential verticals with use cases from network densification to Industrial IoT. The company was founded in 2012 and is based in Arlington, Va. Federated Wireless develops shared-spectrum CBRS infrastructure and services, including an operational nationwide Environmental Sensing Capability (ESC) network and a Spectrum Controller (Spectrum Access System). The company targets wireless carriers, cable companies, utilities and enterprises seeking to augment 5G and private LTE and to enable use cases such as network densification, mobile offload and industrial IoT. Federated reports a customer base of more than 25 companies across telecommunications, energy, hospitality, education, retail, office space, municipal and residential verticals, and a partner ecosystem of over 40 device manufacturers and edge partners. The company says it has completed major deployment milestones and is ready to engage commercial services. The recent financing is intended to accelerate availability and adoption of shared-spectrum CBRS services and support continued industry leadership and delivery. Founded in 2012 and headquartered in Arlington, Va., Federated emphasizes collaboration with partners and customers to scale CBRS deployment. Federated Wireless sells the Spectrum Controller, an end-to-end cloud service that enables access, management and optimization of the FCC-approved Citizens Broadband Radio Service (CBRS) 3.5GHz band. The product includes a Spectrum Access System (SAS), a nationwide Environmental Sensing Capability (ESC) network, spectrum management tools, and an API-centric open partner ecosystem. The Controller is designed to make LTE-ready spectrum immediately accessible to mobile operators, cable operators, enterprises and other providers, improving spectrum efficiency and lowering costs for wireless services. The company has brought the Spectrum Controller to market after more than five years of development and nine months of industry testing, and it already holds conditional FCC certification with full certification anticipated in January 2018. Federated plans to continue working with the FCC, Department of Defense, the Wireless Innovation Forum and the CBRS Alliance to expand use cases and the technology ecosystem. Financially, the company closed a $42M Series B round backed by strategic wireless-industry investors, enabling it to commercialize and scale deployments. The company is headquartered in Arlington, Virginia.

Participated · Series A · Apr 2021

Orbital Sidekick operates a constellation-based hyperspectral sensing system and an in-house analytics platform called SIGMA to generate intelligence for pipeline and energy-asset monitoring. Its sensors collect more than 500 spectral channels and deliver roughly eight-meter spatial resolution to detect chemical fingerprints such as gas leaks. The company has flown a breadbox-sized hyperspectral demo on the ISS in 2018 and a 30-kg Aurora tech-demo satellite in June 2021, and it generates revenue today through aerial programs. Orbital Sidekick is planning initial commercial satellite launches (two on SpaceX’s Transporter-7, plus additional launches on Transporter-8 and -9) to build a six-satellite GHOSt constellation before winter. It is also developing defense applications and won a $16 million STRATFI contract from the U.S. Air Force, which the article describes as non-diluted capital that accelerated its plans. The founders, Dan Katz and Tushar Prabhakar, started the company in 2016 in San Francisco. Orbital Sidekick builds and deploys hyperspectral sensors on satellites to provide advanced monitoring solutions for the energy sector and other industries. The company has developed pilot programs and external partnerships, notably with Phillips 66 and the iPIPE Partnership (including Energy Transfer and TC Energy). It is transitioning to expanded satellite operations in 2021 with a path toward full commercialization in 2022 and plans to launch its Global Hyperspectral Observation Satellite (GHOSt) constellation on multiple SpaceX Falcon 9 missions beginning in Q1 2022. Orbital Sidekick is applying its analytics platform to pipeline leak prevention and monitoring, regional fire risk detection, global emissions monitoring, clean energy exploration, and mineral detection. The company intends to use the new funding to expand product offerings, form new strategic partnerships, and introduce its monitoring technology to new industries. Orbital Sidekick is based in San Francisco, CA.

Participated · Series B · Nov 2018

Spin Memory develops STT‑MRAM IP and products that aim to provide SRAM‑like speed and endurance for embedded and stand‑alone memory applications. The company positions its technology as a replacement for embedded SRAM and ultimately DRAM in applications across AI, ADAS, 5G, and IoT. Spin Memory recently rebranded from Spin Transfer Technologies to emphasize its shift to offering a full suite of MRAM solutions and an MRAM IP ecosystem. As part of its commercialization push, the company announced commercial agreements with Applied and Arm to create an embedded MRAM solution and to license its Endurance Engine design IP for SRAM applications in SoCs. The company says these collaborations and its funding model are intended to establish MRAM as a mainstream alternative to existing embedded memories.

Participated · Series A · Nov 2016

HawkEye 360 operates a constellation of satellites that detect, geolocate, and characterize radio-frequency (RF) emissions around the globe. Its proprietary signal processing and AI-driven analytics platform converts raw RF spectrum data into actionable intelligence for government and allied defense agencies. The company positions its offering as mission-critical for domain awareness and early-warning needs, enabling faster and better decision-making. HawkEye 360 is currently integrating Innovative Signal Analysis (ISA) to deepen its analytic capabilities and expand its product suite. Proceeds from recent fundraising are earmarked to strengthen the balance sheet and support this integration, as well as to continue investing in platform enhancements. Headquartered in Herndon, Virginia, the firm markets itself as a trusted partner proven by operational mission success.

Participated · Equity · Oct 2015

Precision Biopsy manufactures the ClariCore Optical Biopsy System, which uses spectral analysis via an optical fiber and companion console to classify prostate tissue in vivo during biopsies. The system is designed to rapidly distinguish normal from suspicious tissue and seeks to reduce the number of core samples taken by up to 90%. The company is also developing a Focal Therapy program that applies the same optical tissue‑targeting technology to provide targeted, localized treatment and 3‑D mapping of prostate tissue. Precision Biopsy licensed its diagnostic technology from the University of Colorado and developed a first‑generation system in 2011, with human subject evaluation in 2012. The business is a subsidiary of Allied Minds and is preparing for global commercialization. To fund these initiatives, the company completed a new equity raise announced in the article. Precision Biopsy commercializes a novel optical biopsy technology developed at the University of Colorado Anschutz Medical Campus to improve accuracy and reliability of prostate biopsies and increase cancer detection rates. The technology aims to focus therapy only where cancer lesions exist instead of treating the entire prostate gland. The company was formed by Allied Minds in cooperation with the University of Colorado and is privately held. Precision Biopsy has formally closed a $2.5MM round of funding to kickoff the commercialization phase and complete product development ahead of market introduction. Amir Tehrani, former CEO of Amaranth Medical, has joined as Executive in Residence and General Manager to guide the transition toward commercialization. Allied Minds has stated its commitment to supporting development and commercialization of the technology.