Participated · Seed · May 2024

Nanochon is building Chondrograft™, a patented implant designed to restore articular cartilage in the knee while allowing immediate weight-bearing and motion. The technology targets young, active patients who have failed conservative therapies and currently face costly, invasive, and often short-lived treatment options. The company is about to launch a 10-patient, phase-I first-in-human clinical study in Canada to assess Chondrograft’s safety and efficacy, and is already planning a larger North American pivotal trial aimed at eventual FDA clearance. Beyond the implant, Nanochon has partnered with ProVoyance to create an MRI-based pre-operative surgical-planning software platform. The newly raised capital will also accelerate manufacturing capabilities and deepen R&D. Including the latest round, Nanochon has secured a total of $11.3 million in funding to date, underscoring strong investor confidence in its approach.

Participated · Series B · Sep 2023

Aspinity develops near-zero power analog machine-learning technology, centered on its RAMP™ (Reconfigurable Analog Module Processor) platform and the AML100 analog machine learning core. RAMP merges ultra-low-power analog processing with machine learning and software programmability to perform inference on raw analog sensor data. The AML100 runs in the analog domain, consumes tens of microamps, and keeps MCUs and digital processors asleep until meaningful events are detected. Aspinity provides a python-based SDK for development, testing, and verification of analog ML models across multiple inferencing applications. The company targets smart home, IoT, consumer, industrial, medical and automotive use cases, and is working with customers worldwide to integrate its technology into home security systems, automobiles, and condition monitoring equipment. Financially, Aspinity has closed a $5 million Series B and its total funding now exceeds $19 million. Aspinity designs ultra-low-power analog machine-learning processors that run on proprietary analog circuit technologies to extend battery life in always-on sensing devices. Its technology targets acoustic, vibrational and other ambient triggers to enable low-power wake-up and sensing. The company focuses on applications including voice/sound wake-up, industrial machine health monitoring, wearable health monitoring, and other IoT, consumer, industrial and biomedical uses. Aspinity plans to deploy its first neuromorphic analog-processing chip and to scale volume production. The company also intends to expand technical and partner support teams to accelerate deployments. Aspinity was founded in 2015 and is based in Pittsburgh, PA; it recently completed a Series A financing.

Participated · Series A · Jul 2023

InspectionGo provides technology and services to independent home inspection companies, including Keystone, a plug-and-play back-office platform. Its offering also includes the iGo Community—coaching, marketing, and management resources—and iGo Academy, which trains and supplies home inspectors. Founded in 2019 and led by CEO John Russell, the company has pursued growth through product expansion and strategic acquisitions. The company announced acquisitions of Repair Pricer, which uses AI and natural language processing to turn inspection reports into repair estimates, and HomeBinder, a residential home-management platform serving a network of 9,000 professionals and more than 950,000 homeowners. InspectionGo intends to use the funds to enhance service offerings for its inspector community and to bring hundreds of jobs to Central Pennsylvania by 2026. Financially, the company raised a $5.5M Series A that brought total funding to $10.5M.

Participated · Series A · May 2022

Arieca develops liquid-metal based thermal interface materials using its patented Liquid Metal Embedded Elastomer (LMEE) technology. Its main products include TIMbber™, an adaptable thermal interface material for semiconductor and power devices, and Thubber®, a soft, stretchable, thermally conductive elastomer. The company targets demanding applications across semiconductor, aerospace, automotive, and healthcare industries. Arieca positions its technology to address rising heat densities as processor node sizes shrink to 7nm, 4nm and below. The firm says its materials combine liquid-metal performance with the manufacturability of thermal greases. Arieca was spun off from Carnegie Mellon University in 2018.

Led · Seed · Jan 2022

Caira Surgical is a New York-based medtech company that provides a platform to enhance the usability, safety, and accessibility of advanced surgical navigation and robotics for orthopedic surgery. Led by CEO Jon Greenwald, the company’s first product is a sub-millimeter-accurate radar tracking system for knee replacement surgery. The system leverages advanced radar technologies to overcome line-of-sight interference and eliminate invasive surgical hardware and high-cost, large-footprint capital equipment inherent with incumbent surgical tracking systems. The company intends to use the funds to expand its development efforts to address hip and shoulder replacement surgery and spinal applications. Caira raised $5M in Seed funding to support these development plans.