Spinouts

Invention At Work

We’ve launched more than 15 new companies that have raised over $700M in venture funding. From next-generation nuclear, to metamaterials and blockchain, we take on hard problems in big markets.

Explore Our Spinouts

Our Spinouts

TerraPower

TerraPower is a leading nuclear innovation company that strives to improve the world through nuclear energy and science. TerraPower has emerged as an incubator and developer of ideas and technologies that offer energy independence, environmental sustainability, medical advancement, and other cutting-edge opportunities.

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LAUNCHED

2008

CEO

Chris Levesque

FUNDING RAISED

$750 Million

Kymeta

Kymeta’s satellite technology and services make it easy to bring connectivity to cars, planes, boats, and more, providing global access anywhere, anytime, while on the move. Kymeta was IV's first metamaterials-based spinout.

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LAUNCHED

2012

CEO

Walter Z. Berger &
S. Douglas Hutcheson

FUNDING RAISED

$415 Million

Evolv

Evolv Technology is a leader in threat detection for security screening combining advanced sensors, AI, security ecosystem integrations and comprehensive analytics to help transform physical security for a safer world.

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LAUNCHED

2013

CEO

Peter George

IPO

2021

Echodyne

Echodyne has created a new radar technology for autonomous machines and vehicles that offers all-weather, long-range, high-resolution imaging capabilities in a lightweight package.

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LAUNCHED

2014

CEO

Eben Frankenberg

FUNDING RAISED

$199 Million

Modern Hydrogen

Modern Hydrogen's mission is to make energy cleaner and cheaper through science and technology breakthroughs.

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LAUNCHED

2015

CEO

Tony Pan

FUNDING RAISED

$73 Million

Pivotal Commware

Pivotal Commware develops software-defined antennas and radios that use Holographic Beam Forming (HBF) to increase network speed, capacity, and spectral efficiency. Pivotal’s reconfigurable beams can follow mobile users in real time using the lowest cost, size, weight, and power consumption envelope available.

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LAUNCHED

2016

CEO

Brian Deutsch

FUNDING RAISED

$99 Million

Lumotive

Lumotive is a leader in solid-state, 3D-sensing systems, developing high-performance solutions for consumer electronics, industrial automation, robotics and automotive applications.

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LAUNCHED

2017

CEO

Dr. Sam Heidari

Lexset

LexSet uses synthetic data to build and improve systems for companies ranging from retailers to industrial part manufacturers and robotics companies. LexSet has pioneered a technique to create synthetic data from 3D models of objects to power computer vision systems and ‘teach’ artificial intelligence.

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LAUNCHED

2018

CEO

Francis Bitonti

Carillon Technologies

Carillon is creating products and capabilities for U.S. government opportunities using metamaterials and other technologies. 

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LAUNCHED

2018

CEO

John Evans

Ventrk

Ventrk is creating software to empower better decisions and improved results for a healthier lifestyle through TheraCentric and TrainCentric.

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LAUNCHED

2022

CEO

Doug Baldwin

Imagia

Imagia designs and manufactures high-performance optical lenses based on metamaterial principles with an emphasis on compatibility and scalability.

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LAUNCHED

2022

CEO

Greg Kress

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