A vote of confidence in select ventures

Companies receiving early-stage investment from GRA Venture Fund, LLC have demonstrated extraordinary potential. The following companies in our portfolio have met the criteria of the Fund's investors:

Axion BioSystems

Axion BioSystems is a life science instrumentation company that develops high-throughput microelectrode array (MEA) systems for cellular analysis, allowing researchers to recreate brain activity and heartbeats on the benchtop.

Axion BioSystems website »


Carbice Corporation develops innovative thermal materials that enable breakthrough optimal performance in electronic devices. Carbice products enable smaller, more powerful electronic devices that are easier to assemble, and will unlock mass adoption of affordable computing, sensing, and connectivity in homes and industry, and from Earth to Mars. Carbice developments represent the new standard of high thermal conductivity materials in the electronics cooling industry.

Carbice website »


Celtaxsys is a privately-held drug discovery and development company focused on advancing treatments for serious inflammatory diseases. The company is building a sustainable pipeline of first-in-class immuno-modulators, the most advanced of which is CTX- 4430.

Celtaxsys website »

Clearside Biomedical

Clearside Biomedical develops therapies for eye-related diseases using a patented micro-injection technology that more precisely targets the retina and other distinct tissue in the eye. The company's offering is a product of a scientific collaboration between Emory University and Georgia Tech.

Clearside Biomedical website »


Fraudscope provides technology to identify and fight healthcare fraud, waste and abuse. The company’s technology spots fraudulent healthcare claims as they appear — and before payments are made. The Fraudscope platform prioritizes suspicious claims (based on risk scores and dollar amounts) and works with other analysis techniques and intelligence.

Fraudscope website »


NexDefense gives operators of industrial control systems real-time knowledge to combat cybersecurity threats. Through Integrity™ — a patent-pending Industrial Network Anomaly Detection (INAD) system — engineers, security and control system operators can covertly maintain direct insight and control over threats. The technology also allows them to increase compliance without sacrificing productivity, optimization or performance. 

NexDefense website »


OpsDataStore strengthens data-driven IT operations by providing monitoring tools, analytics and ways to unify various data and tools into a seamless IT “fabric.” This drives major improvements in online service to help companies respond faster to needs and issues.

OpsDataStore website »

Pindrop Security

Pindrop Security is an innovator in detecting and preventing phone-based fraud to help companies reduce financial losses and operational costs. Using acoustical fingerprinting technology — the first of its kind — Pindrop allows business to identify fraudulent phone calls and authenticate legitimate callers. Named one of the 10 Most Innovative Companies at the 2012 RSA conference, Pindrop gives companies confidence in the security of phone-based financial transactions. Watch GRA's "Two-Minute Breakthrough" video on Pindrop >

Pindrop Security website »

Quest Renewables

Quest Renewables develops inventive photovoltaic racking solutions. Its signature product is a canopy that captures and converts sunlight into energy while protecting automotive vehicles. Marketed under the brand name QuadPod™, the solar canopy is flexible and efficient as well as easily deployed. 

Quest Renewables website »


Urjanet is the global leader in utility data aggregation. The company's technology collects, processes, and delivers data from more than 4,000 electric, natural gas, water, waste, telecom, and cable utilities worldwide. The data provided can be configured and integrated into any application to support a wide range of utility data needs.

Urjanet website »