Participated · Series E · Jul 2019

AeroFarms operates a 138,670-square-foot vertical farm at Cane Creek Centre in Ringgold, Virginia, where it produces micro bok choy, kale, broccoli, arugula and other microgreens for chains such as Whole Foods, Harris Teeter and The Fresh Market. The company shifted its commercial production from New Jersey to this Virginia site in April 2023 and has signaled plans to build a second farm, having begun pre-construction work using recently raised equity. Despite filing for Chapter 11 bankruptcy in 2023 and experiencing the withdrawal of support from its largest investor in December 2025, AeroFarms continues to seek strategic and long-term financing solutions. As of mid-January 2026, it employs about 135 people, though 127 positions could be eliminated if the farm closes on February 27. In August 2025 the firm refinanced debt and secured equity from existing backers Grosvenor Food & AgTech, Ingka Investments and Cibus Capital, while Siguler Guff supplied an asset-based loan. The current short-term funding extends operations only through late February 2026, underscoring the company’s ongoing liquidity challenges and need for stable capital.

Participated · Equity · Feb 2017

OptiRTC provides a cloud-based platform that continuously monitors and adaptively controls distributed stormwater infrastructure in real time. The software combines sensor data, weather forecasts and proprietary algorithms to optimize stormwater systems through active, cloud-based control. The company has deployed more than 130 commercial and public projects across 21 states. Customers include the Philadelphia Water Department, Nestlé Waters North America, New York City Department of Environmental Protection, Washington D.C. Department of Energy and Environment, and the Metropolitan Water Reclamation District of Greater Chicago. OptiRTC is led by CEO Marcus Quigley and is based in Boston, MA. The company plans to scale operations and expand sales and marketing to accelerate growth at the watershed level across existing and new sites nationwide.

Participated · Equity · Jul 2010

Trilliant delivers comprehensive, real-time Smart Grid communication network solutions to utilities. Its products aim to enhance energy efficiency, improve utility operations, and support renewable resource integration. The company currently serves more than 200 utility customers, including Hydro One. Trilliant recently closed a $106 million financing to support its expansion. The financing package includes a significant credit facility from an undisclosed venture credit provider and continuing backing from existing investors. Proceeds are intended to finance the company’s continued growth in North America and globally. Trilliant works on the Smart Grid, developing systems that use computers and advanced sensors to more efficiently distribute power. The Smart Grid is being rolled out nationwide and in some European countries to save money and cut emissions. Older power grids still rely on technology developed over a century ago; the Energy Independence and Security Act of 2007 allotted $100M annually between 2008–2012 to support modernization efforts. Trilliant closed a $40 million funding round led by MissionPoint Capital Partners and zouk ventures. As part of the deal, Mark J. Lewis of MissionPoint and Anthony Fox of zouk will join the company’s Board of Directors.

Participated · Series B · Apr 2010

Amonix is a Seal Beach, California–based designer and manufacturer of concentrated photovoltaic (CPV) solar power systems. Its core product is CPV solar power systems. The company will use the $129.4M Series B proceeds to accelerate deployments of its CPV systems and expand manufacturing capacity. Amonix previously raised $25M in Series A funding from Goldman Sachs Group and MissionPoint Capital and received $15.6M in grant funding through the Department of Energy's Solar America Initiative. In 2010 it also received $9.5M in stimulus funding via the Recovery Act’s Advanced Energy Manufacturing Tax Credit, which is tied to the creation of 269 manufacturing jobs in Nevada and 167 in Arizona.

Led · Equity · Mar 2010

Voltaix manufactures electronic chemicals and gases used in semiconductor manufacturing processes at integrated circuit fabs worldwide. The company also supplies deposition precursors for production of advanced photovoltaic cells. Its products have applications in semiconductor logic and memory devices and are expected to enable next-generation flat panel display, LED, MEMS and power electronics advancements and cost reductions. Voltaix said it will use proceeds from the financing to continue building worldwide infrastructure and to accelerate its new product pipeline development. Founded in 1986 and led by Dr. Peter Smith, the company employs over 150 people across sites in North Branch, NJ; High Springs, FL; Portland, PA; and Yeongi-gun, Choongchungnam-do, South Korea. Voltaix supplies specialty materials designed to improve the performance of semiconductor chips and solar cells. The company received $10M in equity financing from MissionPoint Capital Partners to support growth. The financing will be used to significantly increase production and development capabilities and to expand activity in Asian markets. Voltaix’s investor base also includes Intel Capital and Novus Energy Partners. Founded in 1986, the company operates sites in North Branch, New Jersey, and High Springs, Florida, and employs approximately 100 people. The capital infusion is intended to accelerate manufacturing and development while supporting geographic expansion. Voltaix manufactures high-purity gases and chemicals used in semiconductor chip processing and produces CVD precursors for thin-film solar cells. The company received a $12.5 million investment from Intel Capital and said it will use the funds to accelerate its manufacturing capacity expansion. That expansion is aimed at serving both chipmakers and the growing thin-film solar market. Deutsche Bank estimates thin-film solar cell production will increase four-fold from 2007 to 2010, providing market context for the planned scaling. Voltaix was spun off as an independent business in 1986 from the ChemOvonic Division of Energy Conversion Devices and is based in Branchburg, N.J. It competes with a variety of other companies in the chip material and equipment industries.