• REDWAVE ENERGY

  Participated · Equity · Jul 2016

  RedWave Energy develops a nanoscale film (nanoantenna-based) that converts unused waste heat below 250°C into electricity. The technology targets abundant, underserved low-quality waste heat from industrial sources such as electric power generation, flat glass and glass container manufacturing, and integrated circuit manufacturing. The company holds exclusively licensed, patent-protected IP from Idaho National Labs, the University of Colorado and MicroContinuum. Strategic end-user and partner interest has been expressed across multiple industrial sectors. RedWave is led by CEO Jim Nelson and CTO Pat Brady. Financially, the company completed a $5.5M funding round that unlocked a $3.8M DOE ARPA-E grant.

• Arctic Sand Technologies

  Participated · Series B · Feb 2016

  Arctic Sand makes power-conversion semiconductors and ICs that aim to deliver significantly more runtime, smaller batteries and thinner smartphones, tablets and Ultrabooks. Its first commercial product is an LED backlight driver IC that increases power conversion efficiency by about 10% in a 33% thinner form factor without increasing circuit board footprint. The company also produces data-center power products that improve server and storage platform power efficiency while occupying up to 50% less space. Arctic Sand targets the $5B DC/DC power conversion market. An MIT spin-out initially funded in January 2013, the company holds 15 issued patents including three exclusively licensed MIT patents co-authored by founder and chief scientist David Guiliano. Arctic Sand is headquartered in Cambridge, MA, with product design centers in Cambridge and Santa Clara and sales/support offices in Silicon Valley and Taiwan, and is led by executives with prior experience building fabless power semiconductor companies. Arctic Sand Technologies is a fabless semiconductor company and MIT spin-off developing the Transformative Integrated Power Solutions (TIPS™) platform for energy-efficient power-conversion chips. The TIPS platform targets DC-to-DC conversion and is designed to cut power-conversion losses by about 50% while offering much smaller solution sizes than competing products. The company positions its technology for telecom, datacom, industrial and mobility markets within a roughly $10 billion total available market for DC-to-DC chips. Arctic Sand says its mission is to reduce global power-conversion inefficiencies that drive electricity costs and oversized power infrastructure; the company cites data centers spending more than $50 billion annually on electricity. Arctic Sand plans to commercialize its platform and scale deployments with the support of both financial and strategic investors.

• Unique Solutions Design

  Led · Equity · Jun 2015

  Me-Ality offers patented scanner hardware and body-measurement software that generates the world’s largest database of body dimensions, enabling size-matching and personalized product recommendations. Its core product is a proprietary handheld body scanner and two online sizing solutions that support an omni-channel fit solution for apparel. The company emphasizes applications across apparel (to reduce costly returns) and other industries including health, fitness, insurance, ergonomics and gaming. Me-Ality has offices in Santa Clara, Philadelphia and Halifax and asserts strong intellectual property protection for its technology. The recent financing is intended to provide working capital for ongoing operations and to support commercialization of the handheld scanner in international markets. The company is positioning its aggregate body-dimension data as a tool for partners to analyze consumer trends and target customers with personalized recommendations. Unique Solutions Design develops body fit solutions and technologies centered on a body-scanning system that measures the body while fully clothed. The company holds the exclusive license to that scanning technology and maintains a comprehensive database of body measurements. It intends to use newly received funds to grow in North American markets and to roll out over 300 body-scanning kiosks to be installed at large shopping centers and other high-traffic venues. The financing is structured as a $30M investment, with the first tranche provided by Northwater Capital’s Intellectual Property Fund. Founded in 1994 and led by CEO Tanya Shaw, Unique Solutions is based in Nova Scotia and also operates offices in California.

• Legend3D

  Led · Series C · Sep 2014

  Legend3D provides 3D visual effects and conversion services for feature films. The company recently closed a $10M Series C to expand capacity, specifically to set up a third facility. Led by CEO Brian Robertson, Legend currently operates a 60,000 sq. ft. production studio in Carlsbad and has completed a 3D review hub in Hollywood. The round was led by current investors Northwater Capital Management Inc. through its $300M Intellectual Property Fund 3 and Monaco-based Augustus Ventures Limited. Legend3D has partnered with major studios including Marvel/Columbia Pictures, Sony, Warner Brothers, Paramount, Disney and BBC Films on features such as Maleficent, Transformers: Age of Extinction and The Amazing Spider-Man 2. Legend3D is a California-based 3D visual effects and conversion company that uses patented 2D-to-3D conversion technology and proprietary software and systems. Founded in 2001, the company leverages R&D investments and top 3D talent to work on feature films, citing credits including Top Gun 3D, Oz: The Great and Powerful, The Amazing Spider-Man, Transformers: Dark of the Moon, Hugo, The Smurfs and Pirates of the Caribbean: On Stranger Tides. The company announced it has closed an $8 million Series B Preferred Stock offering led by existing investors Augustus Ventures Limited and Northwater Capital Management Inc. through its Intellectual Property Fund. Management says the financing reinforces investor confidence and will support growth domestically and internationally, continued R&D, and development of market-leading software and systems. Legend3D recently moved into a new 60,000 sq. ft. studio in Carlsbad, California and plans to consolidate relationships with Hollywood studios while seeking partnerships in China, Japan and Europe. The announcement names Brian Robertson as CEO, Ian Jessel as President, and founder Dr. Barry Sandrew. Legend3D develops a proprietary 2D-to-3D conversion process that combines skilled artistry with technology to enhance filmmakers’ storytelling. Founded in 2001 by COO and CTO Dr. Barry Sandrew, the company is based in San Diego, CA. Its conversion pipeline is used to deepen connections between films and audiences across the big screen and in home theatres worldwide. Legend3D recently closed a $19M Series E financing. The company intends to use the funding for ongoing R&D to enhance its proprietary 3D conversion pipeline and to increase partnerships with content owners on 3D film and television projects. Investors in the round included lead Northwater Capital Management and participating existing investors PAR Investment Partners, L.P., and Augustus Ventures Limited.

• MTPV

  Led · Series B · Jul 2014

  MTPV Power Corporation develops semiconductor chips that convert heat directly into electricity. Its technology is described as analogous to a solar panel, but for any source of heat. The company is led by President and CEO David Mather and is based in Medford, MA and Austin, TX. It raised $16M in a Series C financing to support expansion. The company said it will use the funds to expand operations and broaden its business reach. The round included lead and follow-on investors supporting continued commercialization efforts. MTPV Power Corporation develops semiconductor chips that convert any source of heat into electricity. The technology was developed over roughly 15 years beginning at MIT and Draper Laboratory and has been advanced in MTPV's labs for the last five years. The company’s patent portfolio includes five awarded patents, nine pending awards and over 48 foreign patent filings. MTPV is led by Bob DiMatteo and David Mather and is based in Austin, TX and Boston, MA. It raised $11.2M in a Series B1 financing and intends to use the proceeds to begin commercializing its technology. Investors in the round include Northwater Capital Management's Intellectual Property Fund and other energy and finance investors. MTPV Power develops modular semiconductor chips that convert heat directly into electricity, based on research at MIT. The company’s chips are designed to generate electricity using 45% less heat than traditional systems. Leadership includes CEO and founder Bob DiMatteo and President/COO David Mather. MTPV is Austin, TX–based. The company completed the final closing of its Series B with an additional $3.25M. That funding closed out a round that began with a $6.75M closing in August of the prior year. MTPV develops semiconductor chips designed to convert heat directly into electricity, based on research at MIT. The company is led by CEO and founder Bob DiMatteo and is headquartered in Austin, TX. It is commercializing its first prototypes and is conducting beta testing of those initial commercial units. MTPV plans to use the new funding to expand beta testing and to scale its manufacturing capabilities. Financially, the company has completed an initial closing of its Series B and is pursuing additional equity to finish the round.

No current team members are available.