Holocron Technologies, an AI startup based in Washington, D.C., has raised $1.5 million in a pre-seed round led by New North Ventures, of Manchester, N.H.
Other investors include:
- New York-based Winklevoss Capital,
- Wilson Sonsini Goodrich & Rosati, of Palo Alto, Calif.,
- Fulcrum Venture Group, of Boulder, Colo.,
- Sica Ventures, of Columbus, Ohio,
- OneSixOne Ventures of Gainesville, Fla.,
- New York-based FiDi Ventures,
- Los Angeles-based Syndicate 708,
- Washington, D.C.-based Falcon Eclipse Ventures, and
- Other private investors.
It has previously received a $50,000 grant from an unnamed entity, according to Crunchbase.
Holocron was co-founded by the foursome of Addam Jensen, who previously worked at Intel and Sandia National Laboratories; Glenn Shell, an equity research analyst at Raymond James; Jared Edwards, a fixed income analyst at Morgan Stanley; and Tristan Yang, who previously served the US Special Operations Command.
The company is vague about its exact technology or service. On its website, Holocron says it leverages AI for “global domain awareness solutions in science & technology.” In other postings, it claims it will “revolutionize the ways to organize vast quantities” of opensource data. In a release, Holocron said its platform leverages machine learning to enable users to “monitor global technological developments and generate insights and reports.”
“We are excited to partner with Holocron Technologies, an inspiring new company that understands the power of ubiquitous open-source intelligence in identifying and understanding disruptive technologies and global technology trends,” New North Ventures said.
Commercial Real Estate
MacKenzie Companies
Advertising / Media / Communications / Public Relations
Nevins & Associates
Financial Services / Investment Firms
Chesapeake Corporate Advisors
Commercial Real Estate
Monday Properties
Venture Capital
Blue Delta Capital Partners
Internet / Technology
Foxtrot Media
“Holocron is harnessing AI to look over the horizon and inform decision makers on risk mitigation and unique opportunities at an important inflection point in global innovation,” it added. “We share Holocron’s mission of securing economic competitiveness and national security for American companies and institutions and look forward to working with them on this critical endeavor.”
New North Ventures, founded by Jeremy Hitchcock and Brett Davis, is based in Manchester, N.H., and has so far made seven portfolio investments and exited two.
A 20-year industry veteran, Hitchcock previously co-founded Minim, a maker of internet-access products that merged with Zoom Telephonics, which manufactures cable modems and other products under the Motorola brand, in 2020. Davis has served the CIA and the US Navy, besides co-founding the consulting firm SevenX.
