Waltham MA. Conversation intelligence and CX automation — AI analysis of customer calls, chats, and texts. IQT portfolio. Used by government agencies for communications analysis. $75M growth equity (2021). Transcription + sentiment + compliance + coaching applications.

Solid-state battery company. Woburn MA. IQT strategic investment 2026 (confirmed via SEC filing — Factorial-Cartesian III SPAC). SPAC deal cleared SEC review May 2026. IQT investment signal: solid-state battery technology has national security applications (UAV endurance, portable power, forward operating bases).

Endpoint security platform. Waltham MA. Sequoia + Kleiner Perkins. IPO 2018. Acquired by VMware $2.1B 2019.

Vulcan Elements — U.S. manufacturer of high-performance rare-earth (NdFeB) magnets. Founded 2023 by John Maslin (CEO) and Piotr Kulik (CTO); Durham, NC. $65M Series A (Altimeter Capital, One Investment Management, 1789 Capital); plus a $620M DoD Office of Strategic Capital loan and $50M Commerce equity (2025).