The Venture Codex Logo

The Venture Codex

Morningside Capital

343 W Erie, Suite 610, Chicago, IL, 60654, United States

Overview

Morningside Capital is a venture capital and private equity company that specializes in early-stage investing. The company seeks to move the human race forward by empowering the ideas of entrepreneurs and inventors.

Total investments
4
Lead investments
0
Investments · 12mo
0
Active investors
1

Sector focus

  • Finance
  • Financial Exchanges
  • Financial Services
Visit website

Investment portfolio

  • HOPPR

    Participated · Series A · Jun 2025

    HOPPR offers a purpose-built platform for developers and PACS vendors to fine-tune and deploy foundation models for medical imaging with secure tooling, curated datasets, and traceable data provenance. The platform emphasizes quality management, secure development pipelines, and support for marketing authorization to help move models from concept to clinical deployment. HOPPR enables users to use their own data or HOPPR’s expertly curated datasets to develop high-performing, clinically ready AI applications. The company positions itself as an alternative to marketplaces by focusing on model refinement, validation, and clinical readiness rather than prebuilt apps. With an oversubscribed Series A, HOPPR plans to accelerate platform development, scale operations, expand its foundation model capabilities, and grow its engineering, AI, and compliance teams. The company frames these efforts as enabling improved diagnostic workflows and better patient care globally.

  • XYZ Robotics

    Participated · Series A · Aug 2020

    XYZ Robotics develops pick-and-place robots for warehouse and logistics applications. The company differentiates its technology with an advanced vision system and a dexterous system of swappable grippers that can be replaced on the fly. It plans to use new funding for research and development, business development, and scaling its operational capabilities. Investor interest has grown amid increased demand for automation during the COVID-19 pandemic. Founded in May 2018, XYZ operates out of Massachusetts. Its latest financing brings total funding to $27 million to support further product development and commercialization.

  • Agora.io

    Participated · Series C · Nov 2018

    Agora develops cloud communication APIs whose core product is an SDK that enables developers to add voice, video, group calling and interactive broadcasting features into apps. It has recently added SDKs targeted at game developers and Facebook's React Native framework. After closing a $70 million Series C, the company plans to create products for new markets and verticals. Existing backers SIG, Morningside Capital and Shunwei Capital returned for the round, which brings Agora's total funding to $125 million. Agora says its SDKs have surpassed two billion installations and that its 200 distributed data centers route an average of 10 billion minutes of live communications each month. Founded in 2014 by CEO Tony Zhao, the company is headquartered in Santa Clara, Calif., with offices in Shanghai and competes with firms such as Twilio and Tokbox. Agora provides communications-as-a-service (CaaS) delivering voice and video communications across devices and networks globally via an SDK. The SDK enables software applications to support as many as 2,000 users on a single call. Its customers include organizations in financial services, education, telemedicine, human resources, customer service, and social media. The company announced global availability of Agora Voice, aiming to provide higher quality of experience than current WebRTC services at global scale. Founded in 2014 and based in Palo Alto, Agora said it will use new capital to expand its global infrastructure and sales and marketing initiatives. As of the Series B, the company has raised $25.9M in total funding.

  • Redcore Times

    Participated · Series C · Aug 2018

    Redcore (红芯) developed a browser it promoted as using a self‑developed 'Redcore' kernel and targeted large and mid‑sized enterprise customers. The company described product features including an 'invisible shield' to hide enterprise applications, cloud adaptation to bring PC systems to mobile, and security measures such as private DNS and encrypted caching. Redcore later acknowledged and apologized that its Redcore kernel was based on the open‑source Chromium architecture rather than being a wholly independent engine. Independent analysis and engineers raised multiple technical and security concerns, citing outdated code patterns, duplicated/poorly structured plugin code, and a password manager that stored passwords locally without encryption. The firm has aggressively marketed the browser as a standard platform for government and large corporate desktops. Financially, Redcore reported completing a RMB 250 million C‑series strategic financing; its operating entity is Redcore Era (Beijing) Technology Co., with registered capital of RMB 16.9413 million.

Team