Categories:Any, Energy: Any, Equity, First Outside Round, Follow-on, Industrial Technologies, Information Technology, Internet / Media, Life Sciences, Materials, Middle East, North America, Seed, Venture Capital Firm, Western Europe
We have invested $2.5 billion in 442 companies over the past 41 years, resulting in 124 IPOs and 128 M&A exits. Venrock currently oversees 117 portfolio investments across the technology, healthcare, media, and energy sectors. Within the clean technology sector we have made investments in American Superconductor Corporation (smart grid), Jadoo Power, Boston Power (energy storage), California Energy (geothermal), Qteros and Saphire Energy (biofuel).
Our deep involvement at the board level increases the likelihood and scale of the entrepreneurs’ success. We typically act as a lead investor. The majority of Venrock investments are seed or first round, and range from investments of a couple hundred thousand to $10 million or more. Second round investments are considered where there is demonstrated progress toward market leadership. Venrock is interested in opportunities in North America, Israel, and Europe.
VentureTech Alliance targets early-stage business investment in the semiconductor industry and other emerging technology areas, currently managing funds totaling $165 million.
We are primarily interested in Fabless semiconductor companies that require advanced and high-value-added semiconductor technologies and High-value semiconductor infrastructure companies, such as electronic design automation (EDA), intellectual property (IP), or semiconductor process/equipment technologies.
However, we are also focused on other emerging technologies and have made multiple investments in energy efficiency within electronic systems, components, battery technologies, LEDs, as well as power management.
VentureTech primarily invests in companies that require early to mid-stage funding with typical initial investments in the range of $1-3 million. We continue to participate in later-stage funding rounds as portfolio companies grow and develop. VentureTech frequently works with other investors who act as the lead, while we play the role of strategic, active investor, often with a position on the company’s board of directors. To date, we have invested in companies located in the US, Europe, Taiwan, and Israel.
Cleantech portfolio investments include Bridgelux and Exclara (LED makers).