Ridgeline Quarterly Update (Q1 2023)
Q-CTRL raised another $27.4 million in funding. The Series B extension comes nearly 14 months after the startup raised its $25 million Series B in November 2021. Salesforce Ventures, Alumni Ventures, ICM Allectus, Mindrock Capital participated in the latest round.
Ridgeline Founder Stories: Ben Harvey of AI Squared aims to transform the way organizations analyze and leverage data
The story behind a technology intended for many uses, from making more sales and saving more lives.
Why We Invested in Eion: Permanent Verifiable Carbon Removal From Farmland
By supporting Eion, we hope to support the decarbonization of agriculture as much as we can, and heal the soil while we’re at it.
Ridgeline Founder Stories: Rusty Cumpston and Jon Geater of RKVST aim to weave trust into digital supply chains
“Unfortunately a lot of technological effort in the past 40 years has gone into NOT trusting people and locking the data away, so in the absence of good technology people establish and maintain trust manually. Now is the time that's no longer tenable. The scale has passed its tipping point.”
Ridgeline Founder Stories: Mike Malone of certificate management startup Smallstep aims to modernize machine-to-machine security
“Public key infrastructure is pretty nerdy stuff, but it's important. We see ourselves as sort of revolutionaries—or rebels, maybe, depending on your perspective—trying to democratize the space.”
Ridgeline Founder Stories: John Harris of EV startup Harbinger aims to decarbonize medium-duty trucking
“…in electrification, there are whole segments of the industry where almost no meaningful engineering has been done, so the opportunities to make huge impacts are really incomparable.”
Memphis-based VC firm Ridgeline Launches Oversubscribed $52M Fund I
People often underestimate the power of places outside Silicon Valley in venture capital. The advantage of Ridgeline is their relationships with their strategic corporate limited partners (LPs)—including Fortune 500 companies FedEx, AutoZone, and Dollar General, all headquartered in Tennessee—representing foundational industries that impact the lives of many Americans every day.