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The Venture Codex

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Private equity firm investing in small to mid-size businesses.

Deals · 12mo

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Stage focus

Seed

Geographic focus

United States

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Investment portfolio

  • infiniDome

    Participated · Seed · Jun 2020

    infiniDome develops GPS protection and resilient navigation solutions, notably the GPSdome2 product line, to keep manned and unmanned platforms operational in GPS‑challenged or denied environments. The company’s technology centers on redefined EW algorithms and a proprietary RFIC chip designed for favorable C‑SWaP (cost, size, weight, power) tradeoffs for small and medium platforms. Its solutions fuse data from multiple sensors — anti‑jamming modules, INS, radar, GPS integrity and attack monitoring tools — to provide full navigation resiliency. infiniDome targets defense customers today (including US DoD, Israeli primes, ROK armed forces and Indian armed forces) and plans to expand into commercial UAV/AAM markets. The team has grown to 26 employees and the company emphasizes partnerships and co‑development with strategic investors. Financially, the company has raised a $9M Series A and had prior funding including $7M in earlier raises plus $1.5M from the Israel Innovation Authority. infiniDome provides front-end cyber solutions protecting wireless communications from jamming attacks, tailored for drones/UAS, vehicle fleets, critical networks and defense applications. The company says proceeds from its recent pre-Series A will help scale customer engagements in Commercial Aircraft, UAS/UAV and UAM market segments. Recent milestones include successful UAS flight trials under GNSS jamming scenarios as part of the NA'AMA initiative and selection of its technology by Easy Aerial for global security and defense solutions. infiniDome is developing a next‑generation GPSdome in a small package, an IoT sensor for critical assets, and a cloud-based management system for monitoring and protecting GNSS-dependent stationary and mobile assets. Investors including Next Gear Ventures and Honeywell Ventures signaled confidence in the company and its GPS protection technology. The company announced a $2.4 million financing to expand deployments and customer engagements. infiniDome develops GPS cyber-attack detection and protection solutions, including OtoSphere, which it describes as the world's first solution tailored for commercial and consumer vehicles. The company's patented Phased-Array Anti-Jamming technology protects GPS-dependent applications from inexpensive jammers and targets autonomous vehicles, drones, connected fleets, cash-in-transit, high-end cargo transport, and critical infrastructure. infiniDome reports multiple units sold in 20 countries and says its products have been successfully proven in the field. The company closed a $1.6 million Seed round and has opened a Pre-series A round. Seed investors include Boundary Holding (India and Luxemburg), Next Gear Ventures (Israel), and Aston Partners (New York). Management intends to use the Seed funds to ramp sales and marketing and to design the next product as it seeks further penetration of the UAV/UAS, fleet, and critical infrastructure markets.

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