Trolley Ventures
1717 East Cary Street, Richmond, VA, 23223, United States
Overview
Trolley Ventures seeks to provide a better solution for both investors and companies. Investors receive a turn-key solution whereby they can diversify across many businesses through a single investment. Early-stage businesses can efficiently raise the capital that they need through a single relationship and a streamlined application process. To contact Trolley Ventures please visit www.trolleyventures.com and complete the "Contact Us" section.
- Total investments
- 4
- Lead investments
- 0
- Investments · 12mo
- 0
- Active investors
- 3
Sector focus
- Venture Capital
Investment portfolio
- Mobius Materials
Participated · Seed · May 2023
Mobius Materials, founded in 2021 and based in Virginia, runs a certified B2B exchange billed as the first “stock market for semiconductors.” The platform connects OEMs and contract manufacturers, bringing liquidity, quality control and price transparency to the $25 billion secondary chip market. Already used by hundreds of manufacturers, Mobius promises 10–70 % cost savings, access to rare components, and fully authenticated parts delivered in under two weeks. The company is developing an e-auction feature to let sellers reach thousands of qualified buyers and close deals in weeks instead of months. It has also filed a patent for a machine-learning system that authenticates component quality. Future plans include expanding global operations across Asia, Europe and the Americas and growing the leadership team, including a search for a Head of Operations. By reducing waste and supply-chain shocks amid volatile tariffs, Mobius targets industries ranging from consumer electronics to automotive and healthcare.
- Linebird
Participated · Equity · Jul 2022
Linebird builds UAS payload systems and kits that allow unmanned, direct-contact inspection, maintenance and repair of live high-voltage transmission lines. Its system is adaptable to industrial drones and can adopt lineman tools to perform inspection and repair while keeping workers on the ground. The company has launched products and announced two new kits: the Ampstik Adaptation Kit (integrating SensorLink’s Ampstik with the Osprey NPS) and the Navigator Installation Kit (integrating Power Delivery Products’ Navigator with the Osprey NPS), using a patent-pending method. Linebird is also building a prototype to demonstrate that unmanned systems can bring lineman tools in contact with live transmission lines. Since VIPC’s initial investment in March 2021 the company has closed its first sales and says it has more than quadrupled its customer funnel volume. Financially, Linebird raised $350K in a prior round led by Virginia Venture Partners, Trolley Ventures, Potential Energy DC and Richmond-area angels, and VIPC’s Virginia Venture Partners announced an additional equity investment (amount undisclosed). Linebird builds modular suspended UAS payload systems that permit direct contact with live transmission lines, enabling unmanned inspection, diagnostics, and maintenance. Its patent‑pending approach adapts existing lineman tools (first use case: SensorLink OhmStik) for drone deployment. The solution is intended to reduce reliance on helicopters and manned high‑risk line work, lowering cost and liability for utilities. Linebird is conducting lab and field tests and is readying the technology for product launch by year‑end. The company emphasizes enabling existing utility crews to focus on higher‑value, lower‑risk tasks while UAS handle hazardous, contact‑based work. The article does not disclose revenue, users, or other operating metrics.
- Quantbase
Participated · Seed · Mar 2022
Quantbase provides a platform that enables investing through automated portfolios for high-risk assets, offering buttoned-up quant hedge fund strategies, crypto indices, and mass-appeal strategies like a Nancy Pelosi tracker and an Inverse Cramer index. The company aims to standardize the alternative asset space, covering crypto, NFTs, wine, and prediction markets. Quantbase is an SEC-registered investment advisor. Founded in 2021 by Thomas Stewart (serial founder) and Som Mohapatra (quant trader and portfolio manager), the team combines startup and trading experience. The company plans to use new funding to extend its crypto portfolio offering and continue product development. Current public operating metrics were not disclosed in the article.
- ArtGlass
Participated · Equity · Nov 2018
ARtGlass develops augmented reality experiences delivered on smartglasses for museums, archaeological sites and other cultural heritage locations. The company is co-founded by Greg and Marion Werkheiser and CTO Luigi Percuoco. It plans to use new funding to bolster its proprietary software platform, enhance intellectual property and scale deployments to additional iconic historic and cultural sites across North America. ARtGlass has already served more than 750,000 visitors at iconic museums and archaeological sites in Europe. The company is based in Richmond, Virginia and targets the cultural heritage sector globally through partnerships and on-site deployments.