Cerium Technology Ventures
100 Crescent Court, Suite 700, Dallas, TX, 75201, United States
Overview
Cerium Technology Ventures accelerates entrepreneurs and early-stage companies that innovate the technological processes utilized by customers in commodity industries.These innovations in some way optimize, simplify, or reduce the cost of operations within these industries, and provide a competitive advantage for the firms they affect. Companies that aim to fulfill Cerium's value proposition may be eligible to receive seed capital, technical support, office space, expert mentor-ship, and other strategic resources they may need to achieve market validation or expansion. To be chosen for an investment from Cerium the venture must in some way seek to create strategic value for customers who produce, buy, transport, process, sell, or consumer commodities. These commodities include energy (crude oil, natural gas, refined products, electricity), agriculture (grains, food, livestock), chemicals (petrochemicals, polymers) and metals (gold, silver, copper, aluminum, steel). Cerium has offices locations in Dallas and Los Angeles, companies can receive support on site or at either of these locations.
- Total investments
- 2
- Lead investments
- 1
- Investments · 12mo
- 0
- Active investors
- 1
Sector focus
- Agriculture
- Clean Energy
- Information Technology
- Software
- Venture Capital
Investment portfolio
- Atomica Corp
Participated · Series C · Nov 2022
Atomica Corp. is a pioneer and the largest US MEMS foundry, producing micro- and nano-scale structures on silicon, glass, and other substrates for sensing and mechanical functions. It leverages semiconductor wafer manufacturing processes and partners with system vendors and fabless device firms globally to commercialize MEMS technologies. The company operates a 130,000 ft² manufacturing campus in Santa Barbara, California, including a 30,000 ft² class 100 cleanroom, and is ISO 9001 certified and ITAR registered. Atomica serves applications across genomics, cell therapy, molecular diagnostics, 5G, IoT sensing, cloud computing, and autonomous vehicles. In November 2022 the company announced a $30 million Series C to expand foundry capabilities, advance MEMS technologies, and support domestic production of biochips, sensors, and photonic circuits. Investors in the round include Cerium Technology Ventures, Novo Tellus Capital Partners, and St. Cloud Capital.
- Citylitics
Led · Series A · Mar 2022
Citylitics operates a platform that ingests millions of public documents from cities, utilities, and public agencies and uses machine learning augmented by human expertise to generate predictive market intelligence on infrastructure plans, priorities, forecasts, and projects. Its insights are used by manufacturers, suppliers, engineering, construction, investment, and consulting firms; customers named in the article include Aegion, Echologics, and EXP. Over the past 18 months the company more than doubled headcount from 16 to 40 and launched a web platform that visualizes early-stage market intelligence. Citylitics plans to use new funding to double its sales, marketing, customer success, and engineering teams, expand into new infrastructure verticals across North America, and continue building out its data pipelines and platform functionality. Target expansion verticals called out include broadband, waste management, power and electricity, and renewable energy, in addition to its existing focus on water, public transit, transportation, and aviation. The company is headquartered in Toronto with offices in Milwaukee and Austin and remote employees throughout North America.
Team
Eldon Klaassen
Chairman
LinkedIn