A  Castor Ventures

http://www.castorventures.com





     Office Locations:

788 Elm Street
Manchester, NH 03101
Phone: 603-518-8112

 

Stages:

  • Early
  • Seed


 

Industries:

  • Information Technology
  • Media & Digital Media
  • Software & Internet

  •  

    Description:

    Castor Ventures was launched in 2016 with a simple premise: MIT alums investing together can have a greater impact than investing individually. Founded by Alain Hanover, the funds of Castor Ventures are a series of Launch Angels Funds, LLC. Launch Angels Management Company, LLC (LAMC) is the General Partner to Castor Ventures Funds. LAMC is a Massachusetts-based venture capital firm. Castor Ventures is not affiliated with nor officially sanctioned by MIT. Castor exclusively co-invests with top tier lead VC and PE investors. The group does not lead rounds, set valuations, or take Board seats. Castor offers efficient access to capital and also bring a powerful alumni network to the table (nearly 10,000 MIT alumni in its community). Founding Managing Partner of the fund, Alain Hanover, is an experienced venture capitalist and serial entrepreneur (Co-founder of CommonAngels, CEO and Founder of Viewlogic), as well as an MIT alum.



    Investment Firm Key

       VC = Venture Capital
       PE = Private Equity
       A = Angel
       I = Incubator
       MB = Merchant Bank
       VD = Venture Debt
       FI = Family Investment Office
       FOF = Fund of Funds
       ED = Economic Development Office   
       TT = Technology Transfer Office
       CVC = Corporate Venture Capital
       SEC = Secondary Purchaser
       HF = Hedge Fund/Mutual Fund
       
       
       
    COMPANY STAGEREVENUE
    Venture Capital
    Seed Stage
    (includes "pre-seed," or
    concept stage)
    No Revenue
    Early StageMinimal
    Revenue
    Growth Stage
    (also called Mid-stage)
    $2M-$7M
    Expansion Stage
    (also called Late-stage)
    $7M and greater
    Private Equity
    Lower Middle Market$10M-$249M
    Middle Market$250M-$499M
    Upper Middle Market$500M-$1B
    Large Cap>$1B
       
       
     

    Investment Team:


    Name   Title
    Get the complete investment team + individual email addresses for investment team partners. Get personal images, LinkedIn links, investment specialties, office locations and more with a National Database subscription.
    Alain Hanover Founding Managing Partner

     

    Recent Funding Events (trailing 12 months):


      Date


      Name


      State


      Amount


      Stage


      10/01/2021


      Activ Surgical


      MA


      $45,000,000


      Series B


      09/17/2021


      Sorcero


      DC


      $10,000,000


      Series A


      06/22/2021


      Cabana


      WA


      $10,000,000


      Series A


      06/10/2021


      Strateos


      CA


      $56,100,000


      Series B


     

    Portfolio companies include:


      Activ Surgical
        web link


      Ayar Labs
        web link


      BRIO Systems
        web link


      Cabana
        web link


      Pet Plate


      PetPlate
        web link


      Sorcero
        web link


      Strateos
        web link


     

    Recent News: