UL Ventures
AI Enablers Core AI Edge Computing Technologies

Business Overview

We invest in digital companies that drive innovation in the ecosystems we are active in, including healthcare, retail, manufacturing, supply chain, built environment, energy and automotive. We primarily invest in Series A and B, and occasionally late seed and Series C.

As the global safety science leader, UL helps companies to demonstrate safety, enhance sustainability, strengthen security, deliver quality, manage risk and achieve regulatory compliance.

In the course of our work we meet extraordinary people whose companies are having an extraordinary impact on the world and creating the future. UL’s rigorous scientific processes, experience and solutions empower our customers to innovate fearlessly and drive positive change.

We never stop working for a safer world and our offerings continue to evolve with advancements in science and technology. From testing, verification and certification, training and advisory services, data-driven reporting and decision-making tools – all of our offerings have one connecting thread: trust. Confidence drives commerce, and trust in the safety, quality, security and sustainability of products and services is essential to market access, business success and better living. UL empowers trust.

To fulfill our mission, UL delivers business solutions and our nonprofit affiliate conducts independent research and shares scientific knowledge broadly. For more information about our nonprofit activities, visit UL.org.

Founded
2015
Investor type
Corporate Venture Capital
Business model preference
B2B
Series preference
Seed, Series A, Series B, Series C
Offering preference
Hardware, Software
AI type preference
Computer Vision, Deep Learning, Machine Learning
Sectors
AI Enablers Core AI Edge Computing Technologies

Team

UL Ventures
Simin Zhou
Managing Director

Investment Portfolio

Startup

Operating Status

Offering Type

Business Model

Total Funding

AI Employees

Aurora Labs
Active
Software
B2B
$34.1 M
5
Brodmann17
Active
Hardware, Software
B2B
$12.6 M
10

Investment Rounds History

Startup

Date Announced

Funding Round

Amount Raised

Investors

September 2020
Series B
$23 M
View All Investors (5 Total)
March 2019
Series A
$11 M
View All Investors (6 Total)

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