
Chart Venture Partners
555 5th Avenue, 19th Floor, New York, 10017, United States
Overview
[Chart Venture Partners](http://www.chartventure.com) is an early stage venture capital fund investing in security related technologies with government and commercial applications.
- Total investments
- 4
- Lead investments
- 3
- Investments · 12mo
- 0
- Active investors
- 0
Sector focus
- Manufacturing
- Semiconductor
- Venture Capital
Investment portfolio
- Flyby
Participated · Series A · Feb 2014
Flyby builds a consumer messaging app that allows users to scan real-world objects and attach text or recorded videos that others can unlock by scanning the same object. The app leverages image-recognition technology developed as part of Google’s Project Tango and Flyby Media is the vision-based software partner for that project. Flyby’s team is about 20 people split between New York and Palo Alto, and Mihir Shah serves as CEO. The company is working on an Android version and plans to offer its IP as an SDK for other app developers. Flyby has pursued consumer engagement tactics, including a launch partnership with model Genevieve Morton, while also discussing brand/CPG use cases and SDK distribution. Financially, Flyby has raised capital through seed and Series A financing to support product development and distribution.
- Ogmento
Led · Series A · May 2012
Ogmento is a gaming company dedicated to creating high-quality augmented reality games. The company currently sells an AR title called NBA: King of the Court and has developed a prototype tank game to showcase its capabilities. Ogmento focuses on higher-end AR experiences rather than simpler mobile titles. Its technology runs real-time SLAM for simultaneous localization and mapping alongside high-end rendering, and includes features such as an "x-ray" mode that fills in destroyed space for immersive gameplay. The team is led by CEO Ori Inbar and co-founder Brian Selzer, who previously worked with Fox, Activision, EA, and Marvel. The company raised a $7 million Series A led by Chart Venture Partners with participation from CNF Investments, Robert Bosch Venture Capital, and other private investors. Ogmento develops an AR game platform and creates augmented-reality experiences for clients such as Penguin Publishing, SAP, Orange Telecom, Smith & Nephew, and PBS. The company is working on games with CPG and sports enterprises and sells AR experiences to brands and organizations. Ogmento closed $3.5 million in Series A equity financing to expand its AR game platform and grow operations in New York and Los Angeles. The round is notable as it appears to be the first significant venture funding for an AR gaming company. Chart Venture Partners, which has prior investments in AR-related hardware and software, led the round. Ogmento’s founders Brad Foxhoven, Brian Selzer, and Inbar remain on the board alongside new board members from the lead investors.
- CoolIT Systems
Led · Series B · Oct 2011
CoolIT Systems develops scalable direct liquid cooling (DLC) solutions for desktops and high-performance data centers, including its Rack DLC™ modular technology and patented split flow designs for gaming systems. The company reported a five-year organic CAGR of 51% and finished 2020 with a record $94 million in revenue and record open orders across Data Center and Desktop segments. CoolIT has entered a commercial agreement with nVent to provide integrated cooling solutions spanning outside the rack to the chip. The new funding will be used to accelerate technology development, expand manufacturing and testing infrastructure, and pursue internal development and acquisitions of emerging technologies. CoolIT is expanding its customer-facing capabilities via multiple Innovation Labs: a 15,000 sq. ft. lab at its Calgary headquarters slated to open in May, a lab and office in Taiwan in Q2, and a US lab by year-end. Management also cited ongoing efforts to reduce costs and create faster paths to market to sustain the company's growth rate. CoolIT Systems Inc. develops maintenance-free liquid cooling technology and supplies high-performance cooling systems to system manufacturers, data centre operators and retail customers. The company is based in Calgary, AB, Canada and is led by CEO & CTO Geoff Lyon. It has completed a Series B financing to support growth. The proceeds will be used to increase working capital and expand manufacturing capacity. No operating metrics were disclosed in the article.
Team
No current team members are available.