Dow Venture Capital

Portfolio

Dow Venture Capital makes direct investments in early stage companies that pass our investment screens and meet our financial targets. In general, VC:

  • Seeks novel and game-changing technologies capable of supporting significant new businesses
  • Makes seed investments in spin-outs from universities, government laboratories, and larger companies
  • Invests in established start-ups as an active member of investment syndicates
  • Participates closely in the development and continued financing of portfolio companies

Below is a representative list of our portfolio companies.

Company What They Do Description
Alien Technology® Provider of wireless radio frequency identification (RFID) products utilizing a patented manufacturing process called fluidic self-assembly (FSA). The company manufactures and sells low-cost RFID straps (FSA packaged RFID IC sub-assemblies), finished tags (straps attached to antennas) and RFID readers. The FSA process allows precise placement of the company's NanoBlock RF-integrated circuits in a massively parallel process.
AmberWave® Systems Corporation Provider of strained silicon technology for the semiconductor industry. Strained silicon is an advanced substrate that improves the speed of transistors by stretching the silicon lattice. As a result, transistors fabricated with strained silicon exhibit improved electrical properties, leading to enhanced chip performance or reduced power consumption.
Anaeropharma Inc. Developer of anticancer drugs. Anaeropharma is developing a very novel delivery method of cancer therapeutics that exquistely targets the hypoxic region found in many solid malignant tumors, sparing patients of the delibitating side efforts of standard chemotherapy agents
Aveso Developer and manufacturer of printed electronics Aveso is developing smart cards and labels using integrated, printed electronics technology.
Biolex Developer of advanced protein expression technology for the development of human therapeutics. The company is focused on developing recombinant protein production technologies in a plant-based system. The foundation of the company's technology is its patented Lemna System. This system couples the natural characteristics of the green plant, Lemna, with advanced genetic engineering and protein recovery methods to create a recombinant protein production platform.
Clearpace Software Inc. Provider of a multi-terabyte database software product. Developers of an innovative database system that facilitates online archiving. Typical applications measure in Terabytes in size and larger without affecting performance. Historical transactional data no longer needs to be offloaded to tape, but can remain online and queryable.
CYMBET™ Developer of a rechargeable solid-state lithium ion cell energy system using a proprietary patent pending low temperature manufacturing process. This thin-film battery system will enable new concepts in battery application for integrated circuits and new products for handheld computer, communication, medical, sensor, and portable electronic devices. The batteries can be integrated directly within integrated circuits or built into the electronics they power. These battery systems can be made in a nearly infinite variety of form factors and placed on almost any substrate. Thin-film batteries are being designed into semiconductors, RFID tags, military and aerospace systems, medical devices and communications products.

New challenges for the technology include powering MEMS devices and advancing nano-circuitry.
E-Markets Provider of e-commerce solutions to agriculture and the food industry. The company provides products and services for a variety of agricultural metamarkets, including crops and inputs, grains and livestock. Within each of these areas are tools that provide customers with the power to improve communication and information flow, to better facilitate price discovery and commerce transactions, and to improve decision-making and risk management.
inSilica inSilica is a fabless semiconductor company insilica provides customized advanced SOCs by using the best in class IP, design methodology, test and development systems. The company is focused on high volume - high value custom and standard product opportunities where standard flow ASIC providers can not meet the specification, cost, or time-to-market goals of the end customer.
LuminoZ LuminoZ is an international company which focuses on developing and maunfacturing superior, yet afffordable optical plastics and resins. LuminoZ is developing the next generation technology for rear projection displays
Mirabilis Mirabilis Medica is a medical device company dedicated to improving women’s health. Mirabilis Medica focused on the development of ultrasound-guided HIFU (high intensity focused ultrasound) technology to enable advanced therapeutic procedures to be performed right in the doctor’s in office.
NESS Developer and provider of technical rehabilitation solutions that respond to the needs of people suffering from paralysis due to neurological disorders such as stroke, spinal cord and/or head injury, and in some other neurological indications including cerebral palsy and multiple sclerosis.

The company uses the technology of surface functional electrical stimulation (FES) to develop solutions for activating paralyzed muscles. The company's non-invasive systems are designed for home use and provide the potential of enhanced function and therapeutically based improvement. NESS recently launched its second product, a Leg Device which helps users suffering from gait problems and drop-foot walk more easily. The company's first product is a system for paralyzed hands. This system incorporates and integrates advanced upper limb rehabilitation technologies for patients' independent use. These systems are FDA approved and are being sold commercially in the US and Europe.

Noxxon Pharma AG NOXXON Pharma AG is a biotech company focused on the development of Spiegelmer® (next generation aptamer) therapeutics. A Spiegelmer® is a mirror-image oligonucleotide that can bind and inhibit protein targets conceptually similar to an antibody that recognizes an antigen.  Due to its unique biostability Spiegelmers® are the next generation aptamers.
Oxford Immunotec Oxford Imunotec has developed technology (T SPOT) for interrogating a patient’s T cell response to infections.

T SPOT is a platform technology that can be applied to many diseases.  The initial product offering is T SPOT-TB for identification of latent TB infection.  TB is again becoming a major health issue with rising immigration from areas in the world where TB has not been eradicated.  TB kills more people annually than AIDS or malaria.

Plastic Logic Developer of new technology and processes for plastic electronics. The company has developed a process enabling the possibility of inkjet printing active electronic circuits from soluble plastics and other materials. As a completely disruptive technology, plastic electronics are manufactured using direct writing and solution processing techniques rather than the conventional photolithographic, high temperature and vacuum deposition techniques of silicon electronics.
SiConnect SiConnect is a fabless semiconductor company.

SiConnect produces a chip to enable data and audio transmissions over existing, in-home electrical power wiring.  

Sionex Corporation Sionex makes miniaturized chemical and biological detection devices for commercial, military, control, and consumer applications.

MEMS and Microfabrication methods have resulted in the microDMxTM chip which is being commercialized and developed by Sionex. The technology provides better price/performance than existing technologies.

Sorbent Therapeutic Sorbent Therapeutics is developing novel therapeutics for the treatment of progressive renal disease.

Sorbent's polymeric electrolyte thera peutic is in clinical testing for treatment of interdialytic weight gain for end-stage renal disease patients undergoing dialysis

Spotwave Wireless, Inc. Spotwave Wireless has developed an intelliegent radio repeater system applicable to cellular, and private mobile radio. Spotwave's system enhances in-home cellular phone coverage.
Superprotonic Superprotonic is an energy technology company established to market and commercialize the innovative solid acid fuel cell (SAFC) technology .

Superprotonic has developed a class of Solid Acid Electrolytes, proton conductors with optimum properties for fuel cells.

Varioptic Varioptic is developing liquid lens for use in consumer and industrial devices. Varioptic has developed a liquid lens technology which enables the design of aperture lens systems allowing variable focus with no moving parts.
Veralight Developed an instrument (Scout) to screen for type 2 and pre-diabetes. Scout measurements can be made any time of day because fasting is not required and there are no needles or biohazards. The Scout test is simpler to perform than a blood pressure measurement and will take less than 60 seconds to generate an accurate, reproducible quantitative result.
Xtera Xtera offers two different sets of technologies to telecommunications operators, both of which are designed to deliver higher performance at lower cost.

Their Nu-Wave System which is based on discrete Raman amplifiers; these devices use the intrinsic properties of silica fiber to create amplification of signals, allowing for longer amplifier spans, higher bit rates, closer channel spacing.  They are primarily used to increase the capacity of fiber-optic networks, opening up new wavelength windows for wavelength-division multiplexing.  In addition, Xtera has state-of-the-art Optical Add-Drop Multiplexer technology; integration of these technologies create a product offering which reduces costs and improves performance for optical network service providers. 

ZBD Displays Developer of a new type of liquid crystal display. The company is developing a low power bi-stable liquid crystal display that can hold an image without any battery power, making it ideal for emerging epaper applications. Its product is a version of nematic liquid crystal display (LCD) that can be electronically addressed and can also retain an image once the power is removed. ZBD's EPOP (electronic point-of-purchase) displays are being deployed in leading supermarket outlets. Other applications will include web-enabled portable devices, electronic books, smart cards and other portable devices where low-power high quality display technology is required.


back to top