The Venture Codex

Led · Series A · Apr 2026

Ethermed provides an intelligent automation platform that uses advanced language models and clinical reasoning to review documentation, interpret payer rules, and generate compliant prior-authorization submissions in seconds. The platform integrates with EHRs and payer systems and has processed millions of prior-authorization transactions. Ethermed reports a growing customer base, including nine customers prior to the Series A, and measurable reductions in denials and staff workload. CEO and co-founder Dan Friedman emphasizes amplifying clinical judgment through automation that understands medicine. The company plans to expand its data science and engineering teams and deepen partnerships with national health systems. Ethermed positions its technology to reduce administrative burden, improve accuracy, and speed access to care.

Participated · Equity · Jul 2017

Sol Voltaics is a Lund, Sweden-based solar technology company developing SolFilm™, a patented low-cost thin-film composed of billions of Gallium Arsenide (GaAs) nanowires intended to increase conventional solar panel efficiencies. Led by CEO Erik Smith, the company has confirmed manufacture of nanowires using its low-cost Aerotaxy® process. Sol Voltaics is in the final stages of technology optimization and expects to send samples to partners by the end of 2018. It closed $21.3m in funding to support its next steps. The company intends to use the funds to accelerate commercialization and scaling of its SolFilm technology. Sol Voltaics develops a high-volume production platform for its patented Aerotaxy® nanowire thin-film process aimed at improving the efficiency and sustainability of conventional solar modules. The company is commercializing a tandem-layer nanowire solar film and recently announced alignment of gallium-arsenide nanowires in a thin film that should enable materially higher PV module efficiencies. Led by CEO Erik Smith, Sol Voltaics intends to use new funding to accelerate commercialization of its technology. The business combines materials engineering and scalable manufacturing methods to produce nanowire-enhanced photovoltaic films. Financially, the company secured equity and grant funding in its latest financing to support product development and market rollout. Sol Voltaics, based in Lund, Sweden, develops Solink™, a gallium arsenide nanomaterial additive designed to boost the light‑to‑electricity conversion of crystalline silicon and thin‑film solar modules. The company plans to use the recent financing to move Solink into pilot production and scale toward commercial output. Management, led by CEO David Epstein, projects commercial production of Solink‑enhanced modules beginning in 2015 with volume production in 2016. The product is intended for integration into solar modules to increase efficiency. In conjunction with the round, Sol Voltaics added Thomas Moe Borseth of Umoe and Kang Sun (former CEO of JA Solar and CEO of Amprius) to its board. Sol Voltaics is a Lund, Sweden-based company that develops a new type of material and production method intended to reduce the cost of producing electricity from solar cells. It is developing a rapid fabrication process for gallium arsenide (GaAs) nanowires in which each wire functions as a solar cell. The company intends to use newly raised funds to further advance its products. Sol Voltaics originated from nanotechnology research at Lund University and was founded in 2008. It is led by CEO Bo Pedersen and has several existing corporate and venture backers.

Led · Seed · Sep 2016

Aki Technologies provides a mobile moment advertising and insights platform that maps consumer journeys and defines targeting segments for mobile campaigns. The platform uses demographic data, historical behavior, third‑party and CRM data to build audience segments and target campaigns to specific moments. Moments are selected from a predefined set of more than 150 entries in Aki’s MomentTree™ or created specifically for a brand or campaign. The company was founded by Scott Swanson and Alvaro Bravo, who have prior experience at Opera Mediaworks, Mobile Theory and other ad tech firms. Aki serves clients across auto, retail, CPG, QSR/fast casual, finance, spirits, entertainment and telecom industries and maintains offices in San Francisco, New York, Chicago and Los Angeles. The company raised $3.75M in seed funding and intends to use the proceeds to continue to expand operations.