About Dakota Venture Group
Dakota Venture Group is a venture capital firm founded in 2006. It is primarily based out of Grand Forks, United States. As of Jun 2016, Dakota Venture Group has invested in 25 companies. It primarily invests in Series A round in United States based startups. Its investments are spread across a wide range of sectors from Enterprise Applications to High Tech and HealthTech. Most recently it participated in the $***** Series A round of SkySpecs Overall, Dakota Venture Group portfolio has seen 1 IPO and 3 acquisitions, namely StemoniX, Altavian and H-CYTE. A lot of funds co-invest with Dakota Venture Group, with names like Research sharing a substantial percentage of its portfolio. Dakota Venture Group has team of 12 people including 1 partners.Key Metrics
Team Members
Portfolio Count
Portfolio Sectors
Portfolio Locations
Rounds of Entry
Series A & Seed
Portfolio IPOs
Portfolio Soonicorns
Dakota Venture Group's List of Top Investments
Dakota Venture Group has a portfolio of 25 companies. Their most notable investments are in SkySpecs and C2Renew.Their portfolio spans across United States and New Zealand. They have invested in Enterprise Applications, High Tech, HealthTech and 17 other sectors, across stages such as Series A, Seed stages. Here is the list of top investments by Dakota Venture Group:Developer of batteries for UAVs. It has patented on-demand power technology and circuits which increase battery life in portable electronic devices and save power in embedded systems. In addition, it offers engineering services, UAS design services, solar solutions, and precision agriculture services.
Key facts about Packet Digital
- Founded Year: 2003
- Location: Fargo (United States)
- Stage: Series B
- Total Funding till date: $11.7M
- Employee Count: 53 as on Aug 31, 2026
- Investors: DOE, Dakota Venture Group and 2 Others
- Latest Funding Round: Series B, Apr 26, 2018, $*****
- Highlight: Editors' Pick
Clinical analytics solutions improving patient outcomes and healthcare efficiency through data visualization. They provide digital health and clinical decision support automation tools designed for various healthcare settings, including bedside care, nurse stations, clinical command centers, and remote monitoring. Their solutions are scientifically and clinically proven to lower costs, reduce errors, and save lives. They offer a suite of AWARE products, including Sepsis DART, Patient Surveillance, Clinical Control Tower, Certain, and YES Board, addressing critical conditions like sepsis and optimizing patient flow management. The company leverages healthcare data visualization, predictive analytics, and a Clinical Mesh Network to enhance provider efficiency, situational awareness, and telehealth capabilities. They are FDA Class II cleared, CE Marked, and ISO certified, demonstrating a commitment to quality and regulatory compliance. This is a B2B, SaaS, software company.
Key facts about Ambient Clinical
- Founded Year: 2014
- Location: Rochester (United States)
- Stage: Series B
- Total Funding till date: $15.2M
- Employee Count: 11 as on Aug 31, 2026
- Investors: Bluestem Capital, Waterline Ventures and 9 Others
- Latest Funding Round: Series B, Dec 15, 2025, $*****
- Highlight: Editors' Pick
3. SkySpecs
Provider of UAVs solutions for inspections. It finds its application in hard-to-reach structures, such as bridges and tall wind turbines. The UAV consists of many sensors that help to inspect the structure, while the AI helps in obstacle avoidance, stabilization, and 3D localization. The inspected data can be downloaded and reviewed by the user.
Key facts about SkySpecs
- Founded Year: 2012
- Location: Ann Arbor (United States)
- Stage: Series D
- Total Funding till date: $142M
- Employee Count: 276 as on Aug 31, 2026
- Investors: Goldman Sachs, Evergy Ventures and 24 Others
- Latest Funding Round: Series D, Mar 17, 2025, $*****
- Highlight: Editors' Pick
4. StemoniX
Engineering human brain and nerve models for neurological insights, this company integrates tissue engineering, neural interfacing, and Artificial Intelligence to create reproducible brain organoids. These models offer reliable central and peripheral nervous system safety assessments. The company provides technology, products, and services focused on CNS-3D and PNS-3D applications. They offer engineered brain and peripheral nerve models for functional human insights, predicting human neurological response. Resources include a library, application notes, scientific posters, webinars, publications, protocols, and FAQs. This is a B2B tech company focused on CNS safety assessment.
Key facts about StemoniX
- Founded Year: 2014
- Location: San Diego (United States)
- Stage: Acquired
- Total Funding till date: $33.7M
- Employee Count: 3 as on May 31, 2026
- Investors: For Good Ventures, Mayo Clinic Business Accelerator and 19 Others
- Latest Funding Round: Series B, May 04, 2020, $*****
- Highlight: Acquired
5. AngioInsight
AI-based software for cardiologists to process angiographic images. The company offers a fully automated computer-based platform called AngioInsight to provide a quantitative assessment of stenosis severity and a non-invasive determination of Fractional Flow Reserve (FFR) to support patient-specific treatment decisions.
Key facts about AngioInsight
- Founded Year: 2018
- Location: Ann Arbor (United States)
- Stage: Funding Raised
- Employee Count: 17 as on Aug 31, 2026
- Investors: Dakota Venture Group and National Science Foundation
- Latest Funding Round: Grant (prize money), Jun 15, 2022, $*****
Dakota Venture Group's Investments by Stage
Dakota Venture Group has made 4 investments in Series A stage with an average round size of $1.49M and 1 investment in Seed stage with an average round size of $385K.Stage of entry | No. of Investments |
|---|---|
Series A | 4 |
Seed | 1 |
Note: We have considered here, only first round of investments
Dakota Venture Group's Investments by Sector
Dakota Venture Group has a diverse portfolio, with companies operating in the Aerospace, Maritime and Defense Tech, Consumer, Energy, Energy Tech and Enterprise Applications. Notably, it has invested in 17 Tech companies, 15 Enterprise (B2B) companies, 11 Software companies and at least 6 companies focusing on Consumer (B2C).Sector | No. of Investments |
|---|---|
Aerospace, Maritime and Defense Tech | 1 |
Consumer | 1 |
Energy | 1 |
Energy Tech | 1 |
Enterprise Applications | 1 |
Others | 7 |
Note: We have considered here, only first round of investments
Dakota Venture Group's Investments by Geography
Dakota Venture Group has made most investments in United States (5).Dakota Venture Group's recent investments
Dakota Venture Group has not made any investment in 2026 so far.Here are the most recent investments by Dakota Venture Group:
Filter this listDate | Company | Location | Round Details | Round Amount | Co-Investors |
|---|---|---|---|---|---|
Jun 2016 | United States | Series A | 4982 | - | |
Apr 07, 2016 | United States | Series A | 9789 | [+4] | |
Nov 20, 2014 | United States | Series A | 9885 | ||
Oct 28, 2014 | United States | Seed | 3670 | ||
Jul 08, 2008 | United States | Series A | 2898 | - |
IPOs and Publicly Listed companies in Dakota Venture Group's Portfolio
1 of Dakota Venture Group's portfolio company became public - H-CYTE. It got listed on the OTC Markets (OTCMKTS), in Jul 2019.Here are Dakota Venture Group's portfolio companies that went public:
Company | IPO Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Jul 15, 2019 | - | - | 7615 |
Acquired companies in Dakota Venture Group's Portfolio
3 companies from Dakota Venture Group's portfolio have been acquired. The most recent acquisition was Altavian in Dec 2020 by FLIR Systems for $*****.Here are Dakota Venture Group's portfolio companies that got acquired most recently:
Company | Acquisition Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Dec 02, 2020 | - | - | 9038 | |
Aug 24, 2020 | - | - | 7228 | |
Mar 10, 2015 | - | - | 3712 |
Team profile of Dakota Venture Group
Dakota Venture Group has a team of 12 members located in United States. Dakota Venture Group's team does not sit on the board of any company as of now.Co-investors of Dakota Venture Group
Over the past 18 years, 30 investors have co-invested in Dakota Venture Group's portfolio companies. This includes funds and angels.
- Invested before Dakota Venture Group: Venture Investors, HRV and 9 others have invested in rounds before Dakota Venture Group. There is 1 company where Venture Investors has invested before Dakota Venture Group and 1 company where HRV has invested before Dakota Venture Group.
- Top Co-investors of Dakota Venture Group: 8 investors entered a company along with Dakota Venture Group. These include investors like Research (1 company).
- Invested after Dakota Venture Group: A total of 11 investors have invested in Dakota Venture Group's portfolio after their investments. Top Investors include Statkraft Ventures (1 company), Capital Midwest Fund (1 company) and Underwriters Laboratories (1 company).
Recent News related to Dakota Venture Group
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Social Betting App Youbetme Raises $2.7MTechCrunch+•Mar 21, 2018•YouBetMe, Abingdon Capital Management, Dakota Venture Group, SierraMaya360
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Voxello pushes to close $1.2 million Series A round — VoxelloVoxello•Apr 07, 2016•Voxello, NIH, Dakota Venture Group, Research and 3 others
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Dakota Venture Group: Allowing students to completely run their own, real venture capital investment fund - MedCity NewsMedCity News•Nov 26, 2015•StemoniX, Dakota Venture Group
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