Corning Technology Ventures, based in Boston, focuses on early-stage investments in technology companies. The firm typically participates in Series A rounds, demonstrating a commitment to supporting startups in their crucial growth phase. While specific investment sizes are not disclosed, their involvement in Series A funding suggests a strategic approach to nurturing innovative technologies.
Ondax, a notable portfolio company acquired by Coherent, specializes in advanced photonics solutions. Corning Technology Ventures' backing of Ondax, which raised $7.5 million, highlights the firm's interest in cutting-edge technology sectors. As a subsidiary of Corning Incorporated, the venture arm likely leverages its parent company's extensive expertise in materials science and optical technologies to provide value-added support to its portfolio companies.
Portfolio Snapshot
Recorded participation and recipient operating status, not current holdings or realized exits
Top Investment Stages
Stage Mix
Concentration shown as share of disclosed investments by stage.
Classification
- NAICS
- 520000Finance and Insurance
- 523000Securities, Commodity Contracts, and Other Financial Investments and Related Activities
- 523900Other Financial Investment Activities
- 523990All Other Financial Investment Activities
- 523999Miscellaneous Financial Investment Activities
- SIC
- 6700Holding And Other Investment Offices
- 6790Miscellaneous Investing
- 6799Investors, Not Elsewhere Classified
- Industry
- —Financial Services Companies
- —Investment Companies
- —Investment Management Companies
- —Private Equity Firms
- —Venture Capital Firms
Show 6 more industry codes
- NAICS
- 525000Funds, Trusts, and Other Financial Vehicles
- 523910Miscellaneous Intermediation
- 523940Portfolio Management and Investment Advice
- SIC
- 6000Depository Institutions
- 6720Investment Offices
- 6722Management Investment Offices, Open-end
