Allied Minds was an IP commercialization company that focused on early-stage development within the technology sector. They have historically created companies around disruptive technologies and managed/funded a portfolio of companies. One of their portfolio companies was Orbital Sidekick, which develops aerial and space-based hyperspectral imaging and analytics for monitoring natural resources. Allied Minds has also been an early investor in companies like HawkEye 360, which uses formation-flying satellites for radio frequency (RF) data analytics.
All verified mentions of this organization in source documents.
Energy Innovation Capital and Syndicate 708 provided funding for Orbital Sidekick alongside existing investors Allied Minds and 11.2 Capital.
The transaction to transfer Allied Minds’ HawkEye 360 shares to Advance closed on 2019-11-08.
On 2019-11-08, Advance became HawkEye 360’s largest shareholder after purchasing Allied Minds’ minority stake.
Hawkeye 360 has raised more than $28,000,000 from investors including Raytheon, Allied Minds, Space Angels, Razor’s Edge Ventures, Shield Capital Partners, and Sumitomo Corporation of Japan.