New York, January 16, 2025 – Emerald Development Managers LP, an early-stage venture capital firm specializing in deep tech, today announced that it has been named a CERN Venture Connect Funding and Investment Partner.
The CERN Venture Connect (CVC) Programme was created by CERN, the European Laboratory for Particle Physics, in 2023 to revolutionize the transfer of technology from research institutions in CERN’s Member States and Associate Member States by bringing together great entrepreneurs, providing them with CERN’s cutting-edge technologies and connecting them to investors and incubators who can help them succeed.
“CERN is one of the most highly respected scientific organizations in the world, and the CERN Venture Connect vision aligns perfectly with our goal to invest in exceptional scientific and engineering teams solving real problems,” said Neil L. Cohen, Founder and Chairman, Emerald Development Managers LP. “CVC’s objective is to provide a platform to assist startups in using CERN’s tech to bring commercial products and technologies to market and, ultimately, to create societal impact. We are honored to partner with them.”
“With the CERN Venture Connect Programme, we are driven to connect CERN’s pioneering technologies with deep-tech founders eager to drive growth for their startup and make a meaningful impact,” said Linn Kretzschmar who is leading the CERN Venture Connect Programme. “Our partnership with Emerald Development Managers strengthens our ability to move CERN technologies from the lab into the hands of visionary scientific and engineering teams who are primed to tackle real-world challenges—ultimately bridging the gap between startup talent and resources with the support of a committed funding and investment partner.”
“CERN is at the forefront of advancing research in fundamental physics and pioneering novel technologies. By bringing together scientists, engineers, and technicians from around the globe, the Laboratory fosters the development of highly innovative and bleeding-edge projects,” said Dr. Ian Tolfree, Principal, Emerald Development Managers LP. “We always seek to enhance our access to high-quality investment opportunities, and our partnership with CERN Venture Connect will provide the chance for us to meet a curated group of visionary entrepreneurs and their inventive technologies.”
Emerald Development Managers
Emerald Development Managers is an early-stage VC firm investing in elite scientific and engineering teams that are solving real problems. Investments are sourced from decades-long relationships with academic research institutions, operating managers, incubators, and like-minded VCs. Emerald’s expertise was developed over 30 years of funding venture capital and commercializing university research while simultaneously gaining invaluable experience founding, building, and operating an industrial unicorn that, to date, has returned over $1.2 billion to investors. In addition to capital, Emerald brings experience, discipline, critical thinking, financing expertise, and significant hands-on involvement to the companies it supports. Emerald’s three main investment focus areas are Clean / Industrial Tech, HealthTech / Bio, and Cybersecurity / Enterprise Software.
CERN Venture Connect
The CERN Venture Connect (CVC) Programme is designed to provide startups a fast, streamlined, and customised service. CVC aims to support deep-tech startups in all of CERN’s Member States and Associate Member States. The Programme will help the founders succeed by giving them fast access to cutting-edge CERN technologies and partner investor companies or venture incubators that will provide further possibilities for investment, distribution, expert mentoring and service providers.
Contact:
Abbe Serphos
abbe.serphos@emeraldmanagers.com
917-699-9661