Securing Our Future

Securing Our Future

Share this post

Securing Our Future
Securing Our Future
Fermata Discovery Raises Seed Round, Fundings: Emrod, SiLC, Orbital Sidekick
Copy link
Facebook
Email
Notes
More
User's avatar
Discover more from Securing Our Future
A newsletter focused on accelerating innovation through the collaboration of commercial and national security sectors by New North Ventures.
Already have an account? Sign in

Fermata Discovery Raises Seed Round, Fundings: Emrod, SiLC, Orbital Sidekick

19 October 2022 - A Weekly Publication by New North Ventures

Oct 19, 2022
2

Share this post

Securing Our Future
Securing Our Future
Fermata Discovery Raises Seed Round, Fundings: Emrod, SiLC, Orbital Sidekick
Copy link
Facebook
Email
Notes
More
Share

We are proud to back the exceptional team at Fermata Discovery. Fermata recently raised their $3mm seed round with New North Ventures as the lead investor along with Bonfire Ventures, Good Growth Capital and Two Lanterns Venture Partners. The company was founded by Amanda von Goetz in 2019. Fermata is an AI-driven software development firm designed to automate and scale routine processes involved with investigative workflows.

"We are excited to partner with Fermata Discovery, a world-class female-founded company that is bringing a new level of innovation and creativity to technology solutions for the investigative community. Fermata is operating at the intersection of two powerful forces - exponential growth of data and increasing demands on investigative entities to more rapidly unlock connections and develop deep insights within that data. We believe Fermata's VIXN platform has the potential to transform and accelerate human engagement with both open-source and proprietary data, dramatically improving the quality and speed of investigations across key sectors ranging from law enforcement and the IC to financial institutions and non-profit organizations."

Emrod

Founded: 2019

Key People: Founded by Greg Kushnir

Elevator Pitch: Energy technology designed to enable long-range wireless energy transmission.

Funding: The company raised NZD 3.3 million of seed funding from Powerco, Empire Group International and New Zealand Government on October 18, 2022. Other undisclosed investors also participated in the round. The funds will be used to provide the power beaming technology for the demonstration.


SiLC

Founded: 2018

Key People: Co-founded by Mehdi Asghari Ph.D and Jonathan Luff Ph.D

Elevator Pitch: Photonic sensors and 3D imaging applications designed to address the growing needs of autonomous devices.

Funding: The company raised $18.5 million of venture funding from undisclosed investors on October 14, 2022.


Orbital Sidekick

Founded: 2016

Key People: Co-founded by Daniel Katz and Tushar Prabhakar.

Elevator Pitch: Hyperspectral data imaging technology designed to capture and send images and mapping data of the earth.

Funding: The company raised $7 million of venture funding from undisclosed investors on October 14, 2022.

Innovating the Profession of Arms: Education for Defense Innovation

  • Defense Innovation Unit notes: “we live in an era in which technology competition is the new global battleground. Our adversaries are investing heavily, acting nimbly, and building strategically. Therefore, speed in technology adoption and integration is critical.” 

  • DoD leaders are not receiving the level of education necessary to adopt and implement new technologies that are changing the nature of modern warfare.

  • Those who work in procurement and acquisition for the DoD need adapted technology development to connect DIU and DAU to drive innovation adoption.

U.S. aims to hobble China's chip industry with sweeping new export rules

  • The Biden administration launched a broad set of export controls that will require many US companies to halt shipments of equipment to Chinese-owned factories that produce advanced logic chips and cut off China from US equipment made semiconductors.

  • These new regulations were made in order to slow Chinese technological and military advances in order to level the playing field.

  • The new rules will restrict shipments to China of chips used in supercomputing systems that are used to develop nuclear weapons and other military technologies.

Gartner: Security Spending To Rise Despite Recession Fears

  • It is estimated that global spending on security and risk management will rise by about 11.3 percent to $188.3 billion in 2023 compared to a 7.2% increase in 2022.

  • Security spending is increasing due to a rise in cybersecurity threats, the shift to remote working since the beginning of the pandemic, and data being shifted to the cloud in organizations.

  • “The modern CISO needs to focus on an expanding attack surface created by digital transformation initiatives such as cloud adoption, IT/OT-IoT convergence, remote working and third-party infrastructure integration.”

Check out our Securing the Future Podcasts wherever you listen, or click to listen now on spotify below:


Subscribe to Securing Our Future

By Jeremy Hitchcock · Launched 4 years ago
A newsletter focused on accelerating innovation through the collaboration of commercial and national security sectors by New North Ventures.
Jeremy Hitchcock's avatar
2 Likes
2

Share this post

Securing Our Future
Securing Our Future
Fermata Discovery Raises Seed Round, Fundings: Emrod, SiLC, Orbital Sidekick
Copy link
Facebook
Email
Notes
More
Share

Discussion about this post

User's avatar
Dual-Use Tech Roundup - Security, Flight, AI, Drones & Quantum Computing
21 February 2022 - Featuring Non-Dilutive Funding Sources, Evolv, ORB Aerospace, Reveal, Auterion, D-Wave & MSBAI
Feb 21, 2022
2

Share this post

Securing Our Future
Securing Our Future
Dual-Use Tech Roundup - Security, Flight, AI, Drones & Quantum Computing
Copy link
Facebook
Email
Notes
More
2025 Boston Innovation Summit: Shaping the Future of Dual-Use Innovation, Fundings: Comand AI, Droneway, Sublime Security
18 December 2024 - A Weekly Publication by New North Ventures
Dec 18, 2024

Share this post

Securing Our Future
Securing Our Future
2025 Boston Innovation Summit: Shaping the Future of Dual-Use Innovation, Fundings: Comand AI, Droneway, Sublime Security
Copy link
Facebook
Email
Notes
More
SBA & DoD Announce $2.8 Billion Investment in Critical Tech—Our Firm Joins First Cohort!
23 October 2024 - A Weekly Publication by New North Ventures
Oct 23, 2024

Share this post

Securing Our Future
Securing Our Future
SBA & DoD Announce $2.8 Billion Investment in Critical Tech—Our Firm Joins First Cohort!
Copy link
Facebook
Email
Notes
More

Ready for more?

© 2025 New North Ventures
Privacy ∙ Terms ∙ Collection notice
Start writingGet the app
Substack is the home for great culture

Share

Copy link
Facebook
Email
Notes
More

Create your profile

User's avatar

Only paid subscribers can comment on this post

Already a paid subscriber? Sign in

Check your email

For your security, we need to re-authenticate you.

Click the link we sent to , or click here to sign in.