July 2024 - Exciting News: D3VC Goes Live and Announces First Investments!

I am thrilled to share some exciting updates with you. D3VC has officially gone live, and we have successfully made our first three investments in Corvion, Target Arm, and Sweater. These investments mark a significant milestone for us and highlight the diverse and innovative companies we are supporting.

Corvion is a medical technology company developing a revolutionary Left Ventricular Assist Device (LVAD) to improve the quality of life for patients with end-stage heart failure. Unlike traditional LVADs, Corvion's device uses wireless charging and increased efficiency, which reduces infection risks and improves mobility. The company has earned FDA Breakthrough Device Designation and an NIH Phase 1 SBIR Grant, highlighting its innovative approach and potential impact. With a seasoned leadership team and promising preclinical results, Corvion is positioned to transform heart failure treatment potentially. The LVAD market has a potential worth of $15 billion, with Corvion poised to capture a significant market share by offering a superior, patient-centric solution.

Target Arm is an autonomous robotics company that has developed the innovative Tular system. This system allows drones to be launched and recovered from any moving vehicle, significantly enhancing the operational capabilities of drones in various sectors, including defense and logistics. The technology has the potential to revolutionize drone operations by providing unparalleled flexibility and efficiency. Founded by a decorated Combat F-15 pilot, the team at Target Arm comprises a diverse group of engineers specializing in aeronautical, mechanical, electrical, robotics, mechatronics, and computer science. The company boasts notable customers such as Hyundai, the U.S. Air Force, Space Force, and the Army. They target a $30 billion market, hold three pivotal patents, and have graduated from the Air Force Accelerator Powered by Techstars and the Endless Frontier Labs Accelerator.

Sweater is a Fintech platform that enables institutions, individuals, Fintech platforms, and celebrities to create venture capital funds accessible to all U.S. investors, regardless of accreditation. This "fund as a service" initiative aims to make VC investing available to a broader audience rather than just the wealthy. Sweater handles legal compliance and provides tools for engaging communities and onboarding investors. They have five signed contracts estimated at $95M throughout their lifetime.

This is just the start. We plan on investing in 200 companies over the next 2 years. Our algorithm reviews over 500 open deals daily, and the quality of deals that cross our desks is improving. Needless to say, we are excited about the potential of these companies and look forward to supporting their growth and success. Thank you for being a part of our journey as we continue to leverage our AI-driven investment model to identify and support the most promising startups.