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30 HARTFORDBUSINESS.COM | SEPTEMBER 30, 2024 THE LISTS Connecticut is more than a place where we do business. It is home to our consumers, clients, employees and community partners. VENTURE CAPITAL DEALS IN GREATER HARTFORD Ranked by transaction amount, then latest transactions (1) Venture capital deals in Greater Hartford Ranked by transaction amount, then latest transactions ((11)) Company Industry/ products and services Funding amount/ type/ transaction date Investors Head of company 1 HyAxiom Inc., a Doosan co. East Hartford hyaxiom.com Energy and manufacturing Clean, continuous-duty stationary fuel cell energy systems $150,000,000 Private equity July 2023 Korean Investment Private Equity, Hana Securities, KB Asset Management, KDB Investment Jeff Hyungrak Chung President & CEO 2 CiDRA Wallingford cidra.com Industrial automation Process optimization services $18,071,232 Venture - series unknown Sept. 2023 Undisclosed Kevin Didden Founder & CEO 3 COCC Southington cocc.com Information technology, finance & consulting Core processing and business process management $9,150,000 Venture - series unknown May 2023 Undisclosed Richard A. Leone Chairman, president & CEO 4 MicroCare New Britain microcare.com Manufacturing and chemicals Fluids and tools for critical cleaning, coating, and lubrication $8,000,000 Venture - series unknown June 2023 Undisclosed Thomas Tattersall CEO 5 Cytosolix Tolland cytosolix.com Biotechnology Novel oral and intravenous derivatives to target tumor acidity and improve efficacy of small molecule cancer therapeutics $6,605,171 Venture - series unknown June 2023 Undisclosed Colin Foster Chairman & CEO 6 EthYX Middletown N/A Blockchain gaming Gaming platform $1,600,000 Pre-seed Nov. 2023 Pioneer Fund, Orange DAO, MH Ventures, YTWO, Space Whale Capital J. J. Founder 7 Integrated Physician Management Services East Hartford ipmscorp.com Health Care Outsourced business services for independent, group and hospital-based physicians $1,263,750 Venture - series unknown Jan. 2024 Undisclosed Liz Dickman CEO 8 Cornovus Pharmaceuticals Farmington N/A Biotechnology Heart attack drug used to treat cardiac hypertrophy and heart failure $500,000 Venture - series unknown Jan. 2024 Undisclosed Robert Mark Van Allen CEO 9 Trace Sensing Technologies Wallingford tracesensing.com Biotechnology Sensitivity platform detecting compounds in vapor phase at trace levels $450,000 Seed April 2023 Undisclosed Peter Ricci III President & CEO 10 Single Time Microneedles Farmington N/A Biotechnology Biomedical device, vaccine delivery, microneedle vaccine time-release delivery $350,000 Seed Jan. 2024 Undisclosed Jasdeep Singh CEO 11 Architect Health East Windsor getarchitecthealth.com Health Care Digital healthcare navigation platform to find, access & use telehealth apps & wearables through health insurance $150,000 Seed June 2023 Entrepreneurs Roundtable Accelerator Sohum Shah Co-founder & CEO Source: Crunchbase and company websites and press releases. Note: N/A = Not available. (1) Deals completed from April 5, 2023 to Sept. 18, 2024 were considered for this list. -Compiled by Stephanie R. Meagher, research@nebusinessmedia.com The strength of our firm allows us to leverage our resources, expertise, and data insights to help bolster communities and create a more inclusive economy for all. See how we can help you thrive at www.jpmorganchase.com © 2024 JPMorgan CHase & Co. All rights reserved. JPMorgan Chase Bank, N.A. Member FDIC. Visit jpmorgan.cam/cb-disclaimer for full disclosures and disclaimers related to this content.