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.

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

* Part of the OnPoint Technologies Portfolio

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

* Part of the OnPoint Technologies Portfolio

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

* Part of the OnPoint Technologies Portfolio

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: 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: 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
Idaho National Laboratory
L3 Communications
National Renewable Energy Laboratory
BAE Systems
Northrop Grumman
Lockheed Martin
Department of Homeland Security
Aerospace Corporation
Massachusetts Institute of Technology
Los Alamos National Laboratory
Pacific Northwest National Laboratory
Department of Defense
Oak Ridge National Laboratory
California Institute of Technology
Sandia National Laboratories
SAIC
Ball
Department of Energy
U.S. Marine Corps
Boeing Corporation
AeroVironment
DRS Technologies
Saint Louis University
U.S. Army
Honeywell
Rockwell Collins
U.S. Navy
ITT Industries
Rockwell Scientific
General Dynamics
Raytheon