First Outside Round
ArdestaArdesta Contact: Jeffrey Rinvelt
Ardesta’s is focused on small scale technologies, their current fund is fully invested. There may be some investing in the future if they create another fund.
Ardesta is interested in investments in fuel cells, energy-efficient lighting systems, microturbines, and photovoltaics. The group also is interested in MEMS, microsystems, nanotechnology, and other forms of small technologies related to energy.
Ardesta typically makes investments ranging from $1 to $5 million in companies located primarily in the Midwest. They have invested in Sensicast Systems (environmental sensors) and Discera (minaturized efficient communications components).