Strategic Partners

AVP has built numerous strategic relationships to assist in the execution of the investment strategy. These mutually-beneficial relationships allow AVP to source and vet investment opportunities, accelerate the product development and adoption, and reduce both capital requirements and investment risk.

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Company: MeshNetworks

Strategic Partner: ITT Corporation

Activity: Licensed innovative radio technology to serve as the basis for enhanced wireless network systems

Outcomes:

Attracted numerous strategic partners, including 3COM, Cisco, Maycom and Motorola
Raised over $30 million of private capital
Acquired by Motorola (NYSE:MOT) for $211 million within four year of founding

Company: A123 Systems

Strategic Partner: General Dynamics, Boeing, and SAIC

Activity: Partnered to develop next-generation battery systems for a variety of formats ranging for soldier batteries to vehicular battery systems

Outcomes:

Awarded numerous development contracts, grants, and program contracts for battery systems synergistic to commercial markets
Raised over $500 million of capital
Completed initial public offering on the NASDAQ exchange, Ticker: AONE

Company: InVisage Technologies

Strategic Partner: Raytheon and Rockwell Scientific

Activity: Utilized relationships with technical and business resources to diligence the technology and the product value propositions prior to investment

Outcomes:

Demonstrated the efficiency and effectiveness of utilizing its proven and protected “QuantumFilm” for image sensors
Attracted over $30 million of private capital
Partnering with numerous customers to deliver the significant innovation in image sensing and camera design and implementation

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Company: Trust Digital

Strategic Partner: U.S. Navy

Activity: Partnered with the U.S. Navy to provide security and device management for logistics tracking devices in several “first-of-its-kind” implementations

Outcomes:

Awarded several contracts from U.S. defense services
Widely-recognized as a leader in enterprise device management and security
Acquired by McAfee (NYSE: MFE) to target the rapidly growing smartphone and tablet devices

Company: Iosil Energy

Strategic Partner: National Renewable Energy Laboratory

Activity: Licensed innovative material processing technology to purify and recycle silicon

Outcomes:

Proven process to purify and recycle silicon
Raised over $15 million of private capital
Attracted critical strategic partners, Applied Materials and SiC Processing, to support growth and assist in the scaling of the processes

Company: Powerprecise Solutions

Strategic Partner: U.S. Army

Activity: Partnered with the U.S. Army to develop, prototype and productize mission critical battery management systems

Outcomes:

Delivered over 1 million units to battery and battery system vendors
Attracted strategic investors, Intel and VentureTech (TSMC), to support commercialization and growth
Acquired by Texas Instruments (NYSE: TXN) less than 40 months following initial funding

Company: The Nanosteel Company

Strategic Partner: Idaho National Laboratory

Activity: Licensed innovative nanotechnology to serve as the core of the company’s proprietary product line of steel alloys

Outcomes:

Awarded four R&D 100 Awards
Raised over $20 million of private capital
Widely-recognized technology leader in the coatings and hard-facing markets