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TechNexus Venture Collaborative

North America, Illinois, United States, Chicago

Description

TechNexus Venture Collaborative, based in Chicago, Illinois, distinguishes itself as a unique venture firm operating on a "venture collaborative" model. Rather than solely providing capital, TechNexus acts as a strategic bridge, connecting leading corporations with ambitious early-stage technology companies. This approach aims to foster innovation by helping corporations identify and solve challenges through startup solutions, while simultaneously providing startups with access to corporate resources, market insights, and potential customers. Their core mission revolves around co-creating new business models, revenue streams, products, and markets by leveraging the synergies between established enterprises and agile entrepreneurial ventures.

The firm primarily targets early-stage ventures, spanning Seed to Series B rounds, with a strong emphasis on enterprise solutions. TechNexus is particularly interested in B2B technologies that can drive significant impact within various industry verticals, including manufacturing, healthcare, financial services, retail, and supply chain. Their investment thesis often aligns with emerging technological trends such as artificial intelligence, the Internet of Things (IoT), robotics, and advanced materials. By facilitating pilot programs, strategic partnerships, and potential corporate acquisitions, TechNexus provides a value proposition that extends far beyond mere financial investment, offering startups a unique pathway to scale and market validation.

When it comes to capital deployment, TechNexus Venture Collaborative typically issues initial checks ranging from $250,000 to $2,000,000. This range positions them as a significant early-stage investor capable of providing crucial seed and follow-on capital. Their investment decisions are heavily influenced by the potential for strategic alignment with their corporate partners, seeking companies that can address specific corporate needs or integrate into existing enterprise ecosystems. With a portfolio boasting over 200 investments, TechNexus has demonstrated a consistent commitment to fostering innovation within the corporate-startup nexus, solidifying its reputation as a key player in the venture landscape.

Investor Profile

TechNexus Venture Collaborative has backed more than 259 startups, with 3 new investments in the last 12 months alone. The firm has led 12 rounds, about 5% of its total and boasts 18 exits across its portfolio.

Investment Focus Highlights

  • Concentrates on Seed, Series Unknown, Convertible Note rounds (top funding stages).
  • Majority of deals are located in United States, United Kingdom, Canada.
  • Strong thematic focus on Software, Artificial Intelligence (AI), Information Technology.
  • Typical check size: $250K – $2M.

Stage Focus

  • Seed (27%)
  • Series Unknown (25%)
  • Convertible Note (20%)
  • Series A (16%)
  • Series B (6%)
  • Pre Seed (3%)

Country Focus

  • United States (90%)
  • United Kingdom (4%)
  • Canada (2%)
  • Israel (1%)

Industry Focus

  • Software
  • Artificial Intelligence (Ai)
  • Information Technology
  • Audio
  • Saas
  • Machine Learning
  • Consumer Electronics
  • Apps
  • Media And Entertainment
  • Fitness
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FAQ

Frequently Asked Questions

Learn who this investor regularly partners with—both firms and angels—and explore their latest activity.

Who does TechNexus Venture Collaborative frequently co-invest with?

Illinois Ventures
North America, Illinois, United States, Chicago
Co-Investments: 4
Bossa Invest
South America, Sao Paulo, Brazil, São Paulo
Co-Investments: 4
Techstars
North America, Colorado, United States, Boulder
Co-Investments: 7
Amazon Alexa Fund
North America, Washington, United States, Seattle
Co-Investments: 5
500 Global
North America, California, United States, San Francisco
Co-Investments: 3
Y Combinator
North America, California, United States, Mountain View
Co-Investments: 14
NextGen Venture Partners
North America, California, United States, San Francisco
Co-Investments: 3
Accel
North America, California, United States, Palo Alto
Co-Investments: 3
Shasta Ventures
North America, California, United States, Portola Valley
Co-Investments: 4
Alumni Ventures
North America, New Hampshire, United States, Manchester
Co-Investments: 12

Which angels does TechNexus Venture Collaborative often collaborate with?

ND
North America, United States
Shared Deals: 2
TW
North America, California, United States, San Francisco
Shared Deals: 2
TK
North America, California, United States, San Francisco
Shared Deals: 2
JC
North America, California, United States, San Francisco
Shared Deals: 2
AN
North America, New York, United States, Staten Island
Shared Deals: 1
NF
North America, California, United States, San Francisco
Shared Deals: 2
Daniel Gross
North America, California, United States, San Francisco
Shared Deals: 2
SB
North America, New York, United States, New York
Shared Deals: 3
MO
North America, California, United States, Beverly Hills
Shared Deals: 1
CF
North America, Colorado, United States, Boulder
Shared Deals: 1

What are some of recent deals done by TechNexus Venture Collaborative?

Harbinger

Garden Grove, California, United States

Harbinger is a commercial electric vehicle company that focuses on chassis architecture design.

AutomotiveAutonomous VehiclesElectric Vehicle
Series BJan 14, 2025
Amount Raised: $100,000,000
AmpUp

Santa Clara, California, United States

AmpUp is an electric vehicle charging company that enables drivers, hosts, and fleets to charge stress-free.

AutomotiveClean EnergyElectric VehicleFleet ManagementTransportation
Series ASep 26, 2024
Amount Raised: $15,000,000
H3X Technologies

Lakewood, Colorado, United States

H3X manufactures advanced electric propulsion systems for commercial aviation and other high performance applicaitons.

AerospaceAir TransportationElectric VehicleManufacturing
Series AAug 6, 2024
Amount Raised: $20,000,000
Letter AI

Chicago, Illinois, United States

Letter AI is a unified revenue acceleration platform powered natively by AI.

AnalyticsArtificial Intelligence (AI)SaaSSales EnablementSoftware
SeedJun 1, 2024
Amount Raised: $2,700,000
UpSmith

Dallas, Texas, United States

UpSmith combats skilled worker shortages with technology to expand workforce productivity for employers.

Career PlanningHuman ResourcesRecruiting
SeedJan 22, 2024
Amount Raised: $5,000,000
Lightship

San Francisco, California, United States

Lightship is an all-electric RV manufacturer, designer, and a producer of an aerodynamic, battery-powered trailer for the electric age.

AutomotiveElectric VehicleManufacturingRecreational VehiclesTravel
Series BJan 17, 2024
Amount Raised: $34,000,000
Invert Robotics

Breda, Noord-Brabant, The Netherlands

Invert Robotics is a world leading inspection solutions.

IndustrialIndustrial AutomationRobotics
Series UnknownDec 7, 2023
Amount Raised: $2,697,451
Bluedot

San Francisco, California, United States

Bluedot is a payment platform for EV charging stations.

AutomotiveCharging InfrastructureEnergy ManagementSharing EconomySoftwareTransportation
SeedJun 29, 2023
Amount Raised: $5,000,000
Shopgenie

Scottsdale, Arizona, United States

All-In-One Marketing Platform for Auto Repair Shops

CRMCustomer ServiceMarketing
Pre SeedJun 15, 2023
Captain Experiences

Austin, Texas, United States

Unlocking the Outdoors

E-CommerceOutdoorsTourismTravel
SeedMar 14, 2023
Amount Raised: $2,000,000