• Vayyar

  Participated · Series C · Dec 2017

  Vayyar develops radar-imaging "radar-on-chip" sensor technology that uses MIMO antennas to deliver high-resolution mapping of surroundings. The company began by pursuing alternative breast-cancer screening and later expanded its technology into automotive, senior care, retail, smart home, commercial property and construction, offering products such as Vayyar Care (fall detection) and the Walabot handheld sensor. It has secured partnerships and customer relationships including Amazon (Alexa Together integration), Piaggio Group deployments, supply contracts with automakers in Japan and Vietnam, and a joint venture with Haier subsidiary HCH Ventures in China. Founded in 2011 by Miri Ratner, Naftali Chayat and Raviv Melamed, Vayyar plans to introduce a family of machine-learning-powered sensor solutions targeting robotics, retail, public safety and smart buildings. The company raised $108 million in a Series E, bringing total capital raised to over $300 million, and says the latest funding values it at over $1 billion. Vayyar engaged China International Capital Corporation as lead financial adviser to support investor outreach in China and has opened a new office there. Vayyar develops 4D radar-imaging chips, sensors and the software that interprets radar-generated images to detect and track people and objects while preserving privacy. Its technology is applied across automotive and IoT use cases; the company also produces a consumer product, the Walabot handheld sensor. Customers include automotive supplier Valeo and an unnamed "major Silicon Valley company" that is integrating Vayyar tech into smart-home products. The company primarily supplies technology to partners who productize it rather than focusing on direct-to-consumer sales. Vayyar says its software and algorithms differentiate it from other radar-imaging competitors. Management expects regulatory trends (for example, automotive safety requirements around detecting children left in cars) and growing privacy concerns to accelerate demand for its solutions. Vayyar Imaging develops 3D imaging sensors that create realtime, camera-free images capable of seeing through solid objects and mapping large areas. Its technology uses an embedded chip and advanced imaging algorithms to enable sensing in privacy-sensitive locations where optics cannot be used. The sensors are being applied across sectors including smart home, automotive, retail, robotics, medical, construction and agriculture. Vayyar says its mission is to improve health, safety and quality of life worldwide, and that demand from diverse industries requires rapid scaling. Following a $45 million Series C, total capital raised to date is $79 million; the company will use proceeds to expand into new industries, grow its global team and diversify its sensing product offerings. Vayyar also markets a consumer handheld device (Walabot DIY) and planned demonstrations of its latest automotive and smart home sensors at CES 2018. Vayyar builds compact sensors that use radio waves to create 3D images of obstructed objects — from root systems and piping to tissue behind skin. The company works with chip manufacturers to deliver a reference design, tailored antennae and an API so customers can plug the sensor into phones, devices or ground‑installed instruments. Vayyar launched a board for external tinkering to accelerate use‑case discovery and is starting to roll out products more broadly as augmented reality interest grows. Targeted applications mentioned include low‑cost breast‑cancer detection, milk fat measurement during production, irrigation profiling and infrastructure inspection. The startup faces competition from ultrasound, MRI and other chip/sensor makers but positions its tech as lower‑cost and already in use by a number of companies. Financially, the company has raised $22M in the latest venture financing and has raised $34M to date.

• Diablo Technologies

  Led · Series C · Jan 2016

  Diablo Technologies is a San Diego-based developer of enterprise computing technologies led by CEO Mark Stibitz. The company builds Memory1, a memory channel storage platform that combines software and hardware architectures with NAND-Flash to create a new generation of solid-state storage. Memory1 provides 1TB or 2TB of system memory in a single two-socket server via JEDEC-compliant, flash-based DIMMs that interface with existing server architectures. The DIMMs require no changes to hardware, operating systems, or applications. The product targets workloads needing large memory footprints such as big data analytics, caching, and complex web applications. Diablo recently secured $37M in an oversubscribed Series C across two phases. Diablo Technologies develops enterprise computing memory solutions and offers the Memory1 and Memory Channel Storage products. Memory1 is a memory technology that delivers high capacity on large DRAM modules. Its Memory Channel Storage platform combines software and hardware architectures with non-volatile memory to create a new generation of solid-state storage for data-intensive applications. The company plans to use the new funding to further accelerate customer deployments through expanded sales, applications support and R&D. Diablo is led by newly named CEO Mark Stibitz and Chief Product Officer Riccardo Badalone, the company's co-founder and previous CEO. The company was founded in 2003 and is based in San Jose, CA. Founded in 2003 by CEO Riccardo Badalone, Diablo Technologies develops memory system interface products centered on its Memory Channel Storage (MCS) technology platform. The MCS platform leverages NAND-flash and future non-volatile memory technologies to enable increased application performance and a new class of enterprise server and storage system designs. Diablo's upcoming MCS products are intended to improve transaction processing and data analysis within compute-servers, enterprise datacenters and cloud-computing facilities worldwide. The company closed an additional $7.5M of equity funding to support the launch of MCS and to expand marketing and distribution across a broader set of applications. This additional financing brings the total equity investment in the latest round to $35.5M, following a $28M raise in November 2012. Diablo Technologies develops the Memory Channel Storage (MCS) technology platform, a memory system interface that leverages NAND-flash and future non-volatile memory technologies. The platform is intended to enable improvements in transaction processing and data analysis within compute servers, enterprise datacenters and cloud-computing facilities worldwide. The company intends to use the $28M raised to complete its MCS technology platform. Diablo was founded in 2003 by Riccardo Badalone, who serves as CEO, and is based in Ottawa, Ontario, Canada. In conjunction with the financing, representatives of investors will join the company's board of directors.

• FRX Innovations

  Participated · Series C · Jan 2014

  FRX Polymers develops and produces an environmentally friendly family of inherently flame retardant plastics and oligomers sold under the Nofia® brand. Its product suite comprises polyphosphonate homopolymers, copolymers, and oligomers that are halogen-free, transparent, and high-flowing for electronics, textiles, building and construction, and transportation markets. The company is in a high-growth phase of commercializing these materials. FRX operates a pilot plant at its Chelmsford, Massachusetts headquarters and a full-scale commercial plant in Antwerp, Belgium, and was founded in 2007. FRX plans to expand its global organization with a strong focus in Asia and to double production capacity in Belgium via an Antwerp plant expansion. The company recently secured AU$15.15 million (approximately US$12 million) in pre-IPO mezzanine financing to support working capital, Asian growth, and the Antwerp expansion. FRX Polymers develops and commercializes Nofia®, a family of inherently flame‑retardant, non‑halogen polyphosphonate homopolymers, copolymers and oligomers that are tough, transparent and high melt‑flow. Its products are sold into consumer electronics, building & construction, and transportation markets as polymeric flame retardant additives, engineering plastics and reactive additives for thermosets. The company operates pilot plants in Chelmsford, MA and a full‑scale plant in Antwerp, Belgium through its European subsidiary. FRX holds an extensive patent estate (49 granted patents and 104 applications) and has received multiple industry awards and recognitions. The company is in a high‑growth commercialization phase and is ramping sales of products from its new industrial plant. FRX Polymers develops and commercializes a family of inherently flame‑retardant, non‑halogen polyphosphonate homopolymers, copolymers and oligomers sold under the Nofia® trade name. Its products are positioned for consumer electronics, building and construction, and transportation markets as polymeric flame retardant additives, engineering plastics, and reactive additives for thermosetting resins. The company is in a high‑growth commercializing phase and recently opened its first industrial‑scale “Green” flame retardant polymer plant in Antwerp, Belgium. FRX operates pilot plants in Chelmsford, MA and a polymer pilot plant in Switzerland in addition to the Antwerp full‑scale plant, and is headquartered in Chelmsford, MA. The business holds an extensive patent estate (43 granted patents and 96 patent applications) and has received multiple industry awards and recognition. The new funding will be used to fund the sales ramp of the Antwerp plant. FRX Polymers develops and markets an environmentally friendly family of inherently flame‑retardant, non‑halogen plastics and polymeric flame retardant additives. Its products are sold into consumer electronics, building and construction, and transportation markets as additives, engineering plastics, and reactive additives for thermosetting resins. The company is led by President and CEO Marc Lebel and is based in Chelmsford, Massachusetts. FRX is advancing commercialization with plans for a first commercial‑scale production facility scheduled to come on stream in the second quarter of 2013 in Antwerp, Belgium. It also intends to expand a Swiss pilot facility, build out its team, and complete a global product registration process. Founded in 2007, the company is positioning its materials as non‑halogen alternatives for flame‑retardant applications. FRX Polymers makes a family of non-halogen, inherently flame-retardant polyphosphonate homopolymers, copolymers and oligomers sold as polymeric flame retardant additives, stand-alone engineering plastics and reactive additives for thermosets. Its products are described as tough, transparent, high melt-flow materials that do not migrate from host plastics and can improve melt flow and mechanical properties while replacing certain banned halogenated flame retardants. FRX is commercializing these materials from pilot production, operating two pilot plants in Chelmsford, MA and a larger pilot plant in Switzerland, and reports production at capacity. The company holds an expanding patent portfolio with ten granted patents and roughly 50 patent applications and has received industry recognition including Frost & Sullivan’s 2008 “Innovation of the Year” award and other competition wins. FRX was founded in 2007 and is headquartered in Chelmsford, Massachusetts. The company is using new financing to support growth and to fund its first commercial-scale production facility to meet significant customer demand.

• Acousticeye

  Participated · Equity · Dec 2013

  AcousticEye develops non-traversing tube and pipe inspection solutions built around its DUET™ system. The DUET system leverages patented dual-mode pulse reflectometry technology, running acoustic and ultrasonic modes in parallel. The company targets NDT applications in oil and gas, power generation, petrochemical and adjacent markets including chemical, pulp and paper, food and beverage and HVAC. Its solutions are used by inspection service providers and end users worldwide. Led by CEO Yoav Harel, AcousticEye intends to use newly raised funds to accelerate product development, deployment and sales. The company had raised more than $7M in December 2013 and received additional funding in 2014. AcousticEye develops DUET™, a non-traversing inspection system that uses patented dual-mode pulse reflectometry (acoustic and ultrasonic operating in parallel). The system is aimed at the global NDT market, including oil and gas, power generation, petrochemical and adjacent industries such as chemical, pulp and paper, food and beverage and HVAC. The company is led by CEO Yoav Harel and is based in Houston, TX. AcousticEye closed $7M in funding from YS Capital, Plan B Ventures and existing investors Sequoia Capital and Israel Cleantech Ventures. The company intends to use the proceeds to accelerate product development, deployment and sales. The article does not report operating metrics. AcousticEye Ltd. is a Leusden, Netherlands-based developer of non-invasive tube inspection technology for the global heat exchanger and boiler non-destructive testing markets. Its core product is the Dolphin G3™, a non-invasive tube inspection tool. The Dolphin G3™ can inspect boilers, fin fans and other heat exchangers in any shape or material. The company raised $6M in funding and intends to use the capital for continued research and development and global commercialization of its technology solutions. AcousticEye is led by CEO Yoav Harel. AcousticEye develops a non-invasive inspection method that transmits an acoustic wave down tubes to identify defects and their locations, and can inspect tubes of any material, shape, or configuration. The company’s device is positioned for the heat exchanger market and supports both mobile and embedded tubes. The new capital is intended to further develop the inspection technology and accelerate its adoption in the heat exchanger market. AcousticEye completed a Series B funding round of undisclosed size with Sequoia Capital and has expanded its management and sales teams following the raise. A Sequoia Capital representative was added to AcousticEye’s Board of Directors as part of the financing. The company was founded in 2005 and operates sales offices in Argentina, Brazil, Israel, Canada, Venezuela, China, the UK, Serbia, Russia, Chile and Korea.

• CellEra

  Participated · Equity · Dec 2011

  CellEra is an Israeli developer of fuel cell technology that has developed a Platinum-Free Membrane (PFM) fuel cell. The PFM technology is designed to reduce major cost components of conventional fuel cells, notably the use of platinum. The company’s introductory product is targeted at the telecommunications supplemental-power market. It is positioned as a clean alternative to lead-acid batteries and diesel generators for backup power. Led by CEO Ziv Gottesfeld, CellEra is pursuing deployments in telecom supplemental power. Financially, the company raised $9.2M in funding from a group of strategic and VC backers.

No current team members are available.