Portfolio

AVP is an active investor across a broad spectrum of technologies, with the investment history to prove it. Companies listed below represent investments through funds managed by AVP. The respective fund is indicated in the company description.

A123 Systems
A123 Systems

Founded in 2001, A123Systems’ proprietary Nanophosphate™ technology is built on a new nanoscale materials initially developed at the Massachusetts Institute of Technology. A123Systems is now one of the world’s leading suppliers of high-power lithium ion batteries designed to deliver a new combination of power, safety and life.

Our breakthrough technology, innovative multinational manufacturing model and experienced executives are providing the power to change the game for today’s Transportation, Electric Grid Services and Portable Power manufacturers.

The staff at A123Systems is made up of technology industry veterans and preeminent scientists from some of the world’s leading battery companies and research institutes. A123Systems is led by David Vieau, and was founded by Dr. Yet-Ming Chiang, Dr. Bart Riley, VP of Research and Development and Ric Fulop, VP of Business Development and Marketing.

Publicly-traded on the NASDAQ exchange (AONE)

* Investment by OnPoint Technologies

Akermin
Akermin

Akermin is a leading developer of stabilized enzyme solutions for producing power, food, fuels, and specialty chemical intermediates.  Through our unique Stabilized Enzyme Biocatalysis, we enable new biocatalytic processes and make existing enzymatic transformations more robust and efficient under a wide range of extreme operating conditions. Akermin's proprietary breakthrough in the polymer encapsulation of enzymes will lead to longer-lasting and more environmentally-friendly fuel cells and batteries, and enhance the value of food, pharmaceutical and chemical production.  We have already stabilized enzymes that:

  • Function well at extremes of temperature and pH
  • Have an operating lifetime of over three years
  • Can be immobilized on a range of support structures

SEBS™ has demonstrated the capability to immobilize numerous enzymes and organelles and proven the potential for Akermin's technology in multi-billion dollar markets for enzyme-enabled products and processes.  Through a focused joint development program, SEBS™ technology can be applied to improve or create an enzyme-enabled product or process for you.

Akermin is putting enzymes to work

* Investment by OnPoint Technologies

Arctic Sand Technologies
Arctic Sand Technologies

Arctic Sand develops power conversion chips that are 10x smaller and 75% more efficient that traditional conversion systems. The Company's unique design platform employs high density capacitors and zero energy loss transfer capabilities to achieve superior performance.

*Investment by AVPII

Atraverda
Atraverda

Atraverda is an advance battery company focused on commercializing its bi-polar battery technology. The company is currently working with eight global battery producers.

Atraverda’s technology base is founded on the properties of its versatile proprietary Ebonex® technology, a titanium sub-oxide material which has a unique combination of metallic-like conductivity along with the characteristic high-corrosion resistance of ceramics.

Ebonex® bi-polar batteries are an environmentally strong technology with significantly less lead used than conventional batteries. They are set to revolutionise a host of markets including standby power, mobility, military, telecoms, automotive and the emerging hybrid electric vehicles sector.
Further applications for Ebonex® technology include water and effluent treatment and the cathodic protection of concrete.

* Investment by OnPoint Technologies

Bioformix
Bioformix

Bioformix is a startup company working to commercialize high performance monomers, resins, and polymers that exhibit superior performance characteristics using proprietary new monomer chemistry.

Bioformix’s breakthrough chemistry enables a vast array of plastics, polymers, and resins that polymerize with little or no energy at high speeds. The technology offers enhanced performance and allows manufacturers across a broad range of industries to reduce energy consumption in their processes.

The company’s broad platforms are flexible, providing a wide range of applications including inks, composite binders, fibers, adhesives, and packaging materials.

* Investment by AVPII

Blue Pillar
Blue Pillar, Inc.

Blue Pillar is a distributed energy asset management software and controls company, turning healthcare, manufacturing, telecom, data center, higher education, military and government facilities' on-premises energy assets into Actionable Microgrids. 

The Blue Pillar application suite lowers enterprise energy spend and increases critical energy asset security, management, compliance and new energy market cash flows from programs like demand response.

*Investment by AVPII & OnPoint Technologies

Cocona
Cocona

Cocona, Inc. has developed a technology that incorporates natural ingredients into polymers. By using activated carbon made from coconut shells, Cocona® fabric utilizes natural technology™ that outperforms other fabrics and yarns. Cocona® fibers and yarns can be used in a wide range of knit and woven fabrics as well as non-wovens that provide effective evaporative cooling, odor adsorption and UV protection. The coconut tree is known as a “The Tree of Life”. Coconut meat, milk and oil have been widely used in products like suntan lotion, cooking, oil, medicine, water and air filters. Now, the finest quality of activated carbon comes from coconut shells to provide superior dry times, odor adsorption and UV protection on a wide range of product applications. Fabrics made from Cocona® yarns and fibers are lightweight, comfortable and retain all of the conventional product features, such as stretch and wash-ability. And, because of our patented technology, Cocona® fabrics will retain or improve their performance over the life of the garment. Cocona technology is contained inside the fiber and, unlike topical treatments, it will never wash off or wear out!

* Investment by OnPoint Technologies

CrossFiber
CrossFiber

 

CrossFiber is the developer and manufacturer of breakthrough photonic switches that enable novel architectures in data centers and next-generation telco fiber optic networks.

*Investment by AVPII

InVisage
InVisage

Harnessing the power of custom-designed semiconductor materials, InVisage has created a new generation of QuantumFilm based image sensors.  QuantumFilm is applied as a thin film on top of traditional CMOS wafers. This thin film now absorbs all of the photons on the top surface of the pixel, resulting in unparalleled performance and design attributes that can alter the image-sensor landscape.

* Investment by OnPoint Technologies

iosil Energy
iosil Energy

Iosil Energy Corporation is uniquely positioned in the solar industry with a breakthrough technology for the production of high purity polysilicon, the essential raw material for solar cells.

Cost leadership is key to success in solar energy and is a fundamental strength of Iosil's business. Founded in 2007, its research and development facilities have been located in the National Institute for Nanotechnology In Edmonton, Alberta.

The company has demonstrated its ability to produce high-purity solar grade polysilicon from the waste material (or “kerf”) created by wafer sawing operations, saving costs.

High purity is valued by the solar industry as it results in much more efficient, higher power solar cells. As much as 45% of the polysilicon produced is lost in wafer sawing operations and represents a huge cost savings opportunity for the industry.

* Investment by Milcom Technologies

Mesh Networks
Mesh Networks

MeshNetworks commercialized ad-hoc networking technology for the mobile soldier to produce broadband mobile wireless radios.

The company has customers ranging from private network owners to public safety users and is the leading developer and producer in this radio format.

The company has an immense patent portfolio, which has been enabled by its leadership position not only in development, but also in implementation.

Acquired by Motorola (NYSE:MOT)

* Investment by Milcom Technologies

Nanosolar
NanoSolar

Nanosolar is the world leader in solar power innovation. They are setting the standard for affordable clean electricity with solar-cell technology of distinctly superior cost efficiency, versatility, and availability.

* Investment by OnPoint Technologies

Petra Solar
Petra Solar

Petra Solar is a clean energy technology company that provides solar and smart grid solutions for utility, commercial and residential applications.

Petra Solar's core technology is the SunWave™ UP Series, an integrated utility grade solar, smart grid, and power management solution primarily designed for deployment on utility distribution and streetlight poles. Petra Solar's SunWave™ UP Series systems mount quickly and safely to utility distribution and streetlight poles and deliver power directly to the grid. The systems consist of a high efficiency PV module and integral line voltage inverter with comprehensive communications capability and the ability to improve power quality and grid reliability through the injection of VARs and non linear power. Remote monitoring and control is achieved through an integrated communications network that creates an IP-based Smart Grid backbone when deployed in large scale.

SunWave™ is also suitable for commercial and residential rooftop installations. The modular architecture of SunWave™ and its interactive communication and monitoring platform provide significant benefits to our residential and commercial clients. End users in residential and commercial settings enjoy a safe and clean onsite solar power generation system. The modular nature of our system enables incremental investment in grid interactive solar systems as small as 200W.

The SunWave™ system is the result of over 16 years of research and development in power electronics and satellite grade solar power systems. The Petra Solar management team draws from a wide range of experience in solar, semiconductors, and utility industries enabling the organization to deliver all aspects of solar energy solutions from concept through asset management. The US Department of Energy recently recognized Petra Solar's unique technology with the Energy Innovator Award.

* Investment by OnPoint Technologies

PowerGenix
PowerGenix

PowerGenix is an environmentally friendly battery developer and manufacturer based in San Diego, CA. The company has developed and patented a high-power and low-cost Nickel-Zinc battery for power intensive electronics, toys, power tools and hybrid electric vehicles (HEVs), providing an effective and environmentally friendly recyclable alternative to existing battery technologies.

PowerGenix is headquartered in San Diego, CA in a facility that houses our corporate offices, R&D operations, and prototyping/testing of battery cells. Our facility in Shenzhen, China augments technology and product development taking place in San Diego, provides direct support to our customers, and oversees supply chain activities.

In order to produce our batteries in a world class manufacturing environment, we have partnered with a large rechargeable battery manufacturer, where cells are produced in a high quality, ISO 9000-certified, well-established battery factory that has experience supplying to global OEMs.

* Investment by OnPoint Technologies

Powerprecise Solutions, Inc.
Powerprecise Solutions, Inc.

PowerPrecise Solutions (PPS) is a leading-edge mixed-signal fabless semiconductor company. The company leverages a core set of intellectual property, which has first been applied to the power management sector. In this sector, the company has three initial products BatteryMaster™, PowerLAN™, and PowerVue™.

BatteryMaster™ is a single-chip battery management solution focused on the laptop/notebook market. This solution provides state of the art accuracy and unique performance and safety features. PowerLAN™ is the only off-the-shelf Energy Management IC Architecture for large battery arrays. This solution is targeted at UPS and automotive applications and has been recognized as a critical enabler for lithium-based electric vehicles (hybrid and plug-in).  Finally, the PowerVue™ product line is focused on delivering advanced and cost-effective State-of-Charge Indicator (SOCI) ICs and modules.

Acquired by Texas Instruments (NYSE:TXN)

* Investment by OnPoint Technologies

Real Digital Media
Real Digital Media

Real Digital Media is the provider of NEOCAST®, the innovative Software-as-a-Service (SaaS) platform for managing digital signage networks. Designed intelligently to scale with the demands of any sized network, NEOCAST® incorporates the key constructs of campaigns, markets, schedules and collaboration to enable the efficient distribution of content across networks down to individual media players. This flexibility creates the optimal environment for any marketing or advertising professional seeking to communicate targeted messages that reach customers at the right place, at the right time.

Our platform has been used to establish point-of-purchase marketing, promotions and corporate communication networks across the retail, healthcare and hospitality sectors.

* Investment by Milcom Technologies

SkyCross
SkyCross

SkyCross is a global designer and manufacturer of high performance antenna solutions for a variety of wireless devices in the mobile phone, personal entertainment, and computing industries.

Skycross provides a one-stop solution combining award-winning superior antenna technology, RF Systems expertise, and regional support sets designers free to create a full range of consumer electronics products that are small, stylish, and differentiated.

* Investment by Milcom Technologies

Spectrum Bridge
Spectrum Bridge

Spectrum Bridge was founded in 2007, by a team of proven wireless experts with a deep domain knowledge in mobile voice, data and wireless networking.

Spectrum Bridge's core business is providing greater availability and access to wireless spectrum and the efficient allocation of spectrum and bandwidth within a wireless network.

Spectrum Bridge's innovative approach to acquiring and utilizing spectrum via a collection of advanced, patented technologies comes together to create our Universal Spectrum Access solutions.

* Investment by Milcom Technologies

Super Fi Systems
Super Fi Systems

Super Fi Systems, Inc. (SuperFi) has been developing a seamless and integrated broadband IP mobility communication system that enbables users to communicate with voice, data or video anytime from anywhere.

Acquired by Motorola (NYSE:MOT)

* Investment by Milcom Technologies

 

TelASIC Communications, Inc.
TelASIC Communications, Inc.

TelASIC Communications is a developer of RF, analog, mixed signal, and digital integrated circuits (ICs) and the BaseFlex(TM) chipset for wireless base stations.

The company provides W-CDMA/HSDPA, CDMA2000/EV-DO/EV-DV, WiMAX, and WiBRO radio subsystems. It also offers transmit linearizer board for 1-4 carrier HSDPA/WCDMA and 1-15 carrier EVDO/cdma2000 applications, and PA test and development system. The company has strategic partnerships with IBM, Agilent Technologies, and Raytheon Corporation.

Acquired by Microelectronics Technology Inc. (Taiwan: 2314)

* Investment by Milcom Technologies

Teranex
Teranex

Teranex is a leader in high performance video processing solutions for Broadcast & Post Production.  Teranex solutions include Frame Synchronizers, format converters, video noise reduction, film restoration, and pre/post-compression conditioning for IPTV applications.

Acquired by Integrated Device Technology (NASDAQ:IDTI)

* Investment by Milcom Technologies

The NanoSteel Company, Inc.
The NanoSteel Company, Inc.

The NanoSteel Company is an advanced materials company which has created a unique and proprietary portfolio of nanotechnology based and environmentally friendly steel alloys that greatly increase the value of steel in most of today’s industrial applications.
 
Product success has been through the development of Super Hard Steel® (SHS) alloys which feature nanoscale microstructures. SHS alloys are for use as metallic coatings within power generation, mining, cement, concrete and oil & gas industries.
 
Applied by thermal spray and weld overlay processes, NanoSteel SHS alloys dramatically increase the service life of industrial components subject to wear and corrosion environments, eliminating the need for costly alternatives and environmentally dangerous chrome plating.
 
Future opportunities exist based on the current development of SHS alloys for use as sheet steel, steel plate and structural steel members within all major industrial markets ranging from automotive and ship building to construction and armor plate.

* Investment by Milcom Technologies

Trust Digital
Trust Digital

Trust Digital is a software company focused on managing, controlling and securing mobile assets and data. IT and business professionals require tools to secure and manage corporate smartphones and PDAs while also having the ability to assist their users. They look to Trust Digital as a trusted partner who is experienced at building enterprise mobility management solutions for hundreds of businesses worldwide. Together with our worldwide network of partners, we continue delivering our award-winning software solutions throughout North America, Europe, and the Pacific Rim.

Acquired by McAfee (NYSE:MFE)

* Investment by OnPoint Technologies

UltraCell
UltraCell

UltraCell  Corporation is a leading producer of fuel cell systems for mobile devices. With an exclusive license with Lawrence Livermore National Laboratories for micro fuel cell technology, the company has developed new technologies and intellectual property in the field of methanol-based fuel cells. Its patented, award-winning portable fuel cell, the XX25TM, achieved Technology Readiness Level (TRL) 7 status, a significant U.S. Army milestone and certification for military use and commercial production.

UltraCell  was founded in 2002 to commercialize an advanced Reformed Methanol Micro Fuel Cell (RMFC) technology invented at the U. S. Department of Energy's Lawrence Livermore National Laboratory (LLNL). This technology enables a breakthrough in micro fuel cell performance. UltraCell is the first to commercialize RMFC technology to provide clean renewable energy to power portable electronics. UltraCell's XX25™ micro fuel cell system is leading the industry with its ultra-compact size and light weight. The XX25 is the only system in its class to have undergone extensive Military Specification qualification testing and field trials.

UltraCell¹s team has extensive experience in all aspects of fuel cells, including research, product development, manufacturing and customer applications. The company has developed new technologies and intellectual property in the field of methanol-based fuel cells and continues to innovate in this rapidly emerging field. UltraCell has an exclusive license with LLNL for micro fuel cell technology based upon reforming methanol into hydrogen reformate using proprietary technology in the fuel reformer and hydrogen fuel cell stack.

With the July, 2007 opening of the UltraCell manufacturing plant in Vandalia, Ohio, UltraCell now offers the first volume-production micro fuel cell facility in North America. This plant applies advanced manufacturing techniques while leveraging the extensive local area supply chain and automotive quality methods to enable rapid response to growing customer needs. Its location at the Dayton International Airport free trade zone enables the company¹s products to be readily available to customers worldwide. With it¹s two U.S. locations, and partners in Asia and Europe, UltraCell is prepared to support customer¹s needs around the world.

* Investment by OnPoint Technologies

 

ZPower
ZPower

ZPower is dedicated to innovating change in the field of battery technology. With its award-winning silver, zinc and water-based chemical makeup, ZPower offers a battery that delivers high performance while safely powering portable devices. The battery’s aqueous technology also creates an earth-friendly, recyclable product that reduces environmental impact.

In the area of performance, ZPower batteries offer an extremely high ratio of energy to volume (Wh/l) in applications such as notebook computers, cell phones, and consumer electronics. In fact, ZPower is the only rechargeable battery that beats lithium-ion in energy density for consumer applications. And, while lithium-ion technology is reaching a plateau, ZPower batteries have plenty of runway to increase both energy density and cycle life.

In addition to offering high-performance, ZPower batteries use an environmentally friendly chemistry that allows battery cells to be recycled and the contents reused. Unlike other traditional batteries, ZPower batteries have no heavy metals and no toxic chemicals. ZPower is also the first battery company to offer financial incentives to consumers who recycle their silver-zinc batteries.

Additionally, ZPower silver-zinc batteries have an intrinsically safe water-based chemistry that contains no lithium or flammable solvents. Unlike lithium-ion and lithium-polymer batteries, ZPower batteries are free from the problems of thermal runaway, fire, and danger of explosion. ZPower batteries are also free from the regulations that limit the size of lithium-containing batteries on airplanes.

ZPower possesses an impressive U.S. and worldwide intellectual property portfolio with 28 granted patents and 33 pending

* Investment by OnPoint Technologies