About Molex Ventures
Molex Ventures is a venture capital firm founded in 2012. It is primarily based out of Lisle, United States. As of Feb 2024, Molex Ventures has invested in 11 companies. It primarily invests in Series B round in United States based startups. Its investments are spread across a wide range of sectors from Enterprise Applications to Retail and High Tech. Most recently it participated in the $***** Series B round of Point2 Tech Overall, Molex Ventures portfolio has seen 1 IPO and 2 acquisitions, namely Bridgelux, Elenion Technologies and Hi-P. A lot of funds co-invest with Molex Ventures, with names like Robert Bosch Venture Capital sharing a substantial percentage of its portfolio.Key Metrics
Portfolio Sectors
Portfolio Locations
Rounds of Entry
Series B, Seed & 1 more
Portfolio IPOs
Portfolio Acquisitions
Molex Ventures' List of Top Investments
Molex Ventures has a portfolio of 11 companies. Their most notable investments are in Point2 Tech and Excelfore.Their portfolio spans across United States, China, Israel and 1 more locations. They have invested in Enterprise Applications, Retail, High Tech and 9 other sectors, across stages such as Series B, Seed and 1 more. Here is the list of top investments by Molex Ventures:1. Excelfore
Automotive connectivity solutions for software-defined vehicles, enabling secure data management. The company offers cloud-to-edge and edge-to-edge connectivity solutions, focusing on Software Defined Connectivity. They provide standards-based in-vehicle and cloud-to-vehicle connectivity solutions and comprehensive cloud-based device management applications. Their offerings include Over-the-Air (OTA) software updates, in-vehicle networking, and data management platforms that support connected, autonomous vehicles. The company's eSync platform enables two-way data communication for software updates and operational data collection. They support reliable OTA updates for ECUs, domain controllers, and smart sensors, optimizing updates with technologies like delta compression. Their technologies are designed for software-defined vehicles, allowing OEMs to dynamically deploy new features and collect performance data. They also offer Ethernet Time-Sensitive Networking (TSN) for real-time communication and integrate with cloud platforms like AWS for data ingestion and analytics.
Key facts about Excelfore
- Founded Year: 2008
- Location: Fremont (United States)
- Stage: Series A
- Total Funding till date: $14.6M
- Employee Count: 99 as on May 31, 2026
- Investors: Hella Ventures, Molex Ventures and 1 Other
- Latest Funding Round: Series A, Sep 26, 2018, $*****
- Highlight: Editors' Pick
2. Bridgelux
Bridgelux is a manufacturer and developer of LED chips. Products offered include SMD lights, components for automotive application lights and chips for decorative lights, strip lights, and COB LED arrays, along with additional lighting components for developers and manufacturers of smart lighting products. It supports its clients with application-specific solutions and the components are used in the making of both indoor and outdoor luminaires.
Key facts about Bridgelux
- Founded Year: 2002
- Location: Fremont (United States)
- Stage: Acquired
- Total Funding till date: $235M
- Employee Count: 131 as on May 31, 2026
- Investors: Novus Energy Partners, DCM Ventures and 11 Others
- Latest Funding Round: Series E, Mar 16, 2012, $*****
- Highlight: Acquired

3. Point2 Tech
Key facts about Point2 Tech
- Founded Year: 2016
- Location: San Jose (United States)
- Stage: Series C
- Total Funding till date: $107M
- Employee Count: 50 as on May 31, 2026
- Investors: Timefolio Capital, Nautilus Venture Partners and 21 Others
- Latest Funding Round: Series C, Jun 11, 2025, $*****
4. NuCurrent
NuCurrent is a fabless semiconductor company which develops high-efficiency antennas for wireless charging applications. It sells both pre-designed / customized antenna modules to OEMs to be integrated into their devices. Their product range also covers surface-mount inductors or induction heating coils.
Key facts about NuCurrent
- Founded Year: 2009
- Location: Chicago (United States)
- Stage: Series C
- Total Funding till date: $23.1M
- Employee Count: 48 as on May 31, 2026
- Investors: IU Ventures, Lakewest Venture Partners and 10 Others
- Latest Funding Round: Series C, Sep 12, 2025, $*****
- Highlight: Editors' Pick
Provider of drug delivery autoinjector for the treatment of anaphylaxis. The company offers a device ANDIPEN that is a temperature-insensitive, and heat-stable alternative to the EpiPen, which is an auto-injector for severe allergies. The device uses a patent-pending microfluidics technology that injects Epinephrine to treat allergies
Key facts about Windgap Medical
- Founded Year: 2011
- Location: Boston (United States)
- Stage: Series B
- Total Funding till date: $76.7M
- Employee Count: 20 as on May 31, 2026
- Investors: Taiwania Capital, Jere Doyle Enterprises and 11 Others
- Latest Funding Round: Series B, Nov 06, 2023, $*****
- Highlight: Editors' Pick
Molex Ventures' Year-on-Year Investment Trends
Molex Ventures has invested in 11 companies over the last 9 years, with an average of 0 new investment annually in the last 5 years. Its most recent first time investment was in Point2 Tech and most recent follow-on round was in Excelfore.Year | No. of Investments | ||
|---|---|---|---|
1st Round | Follow-on | Total | |
2026 (YTD) | 0 | 0 | 0 |
2025 | 0 | 0 | 0 |
2024 | 1 | 0 | 1 |
2023 | 0 | 0 | 0 |
2022 | 0 | 0 | 0 |
2021 | 0 | 0 | 0 |
2020 | 0 | 0 | 0 |
2019 | 3 | 0 | 3 |
2018 | 0 | 1 | 1 |
2017 | 1 | 0 | 1 |
Molex Ventures' Investments by Stage
Molex Ventures has made 3 investments in Series B stage with an average round size of $18.6M, 1 investment in Seed stage with an average round size of $763K and 1 investment in Series A stage.Stage of entry | No. of Investments |
|---|---|
Series B | 3 |
Seed | 1 |
Series A | 1 |
Note: We have considered here, only first round of investments
Molex Ventures' Investments by Sector
Molex Ventures has a diverse portfolio, with companies operating in the Life Sciences, Auto Tech, Consumer Goods, Enterprise Applications and Internet of Things - Industry Applications. Notably, it has invested in 8 Enterprise (B2B) companies, 8 Tech companies, 5 Tech hardware companies and at least 2 companies focusing on Saas.Sector | No. of Investments |
|---|---|
Life Sciences | 2 |
Auto Tech | 1 |
Consumer Goods | 1 |
Enterprise Applications | 1 |
Internet of Things - Industry Applications | 1 |
Note: We have considered here, only first round of investments
Molex Ventures' Investments by Geography
Molex Ventures has made most investments in United States (4), followed by Canada where it has made 1 investment.Country | No. of Investments |
|---|---|
United States | 4 |
Canada | 1 |
Note: We have considered here, only first round of investments
Molex Ventures' recent investments
Molex Ventures has not made any investment in 2026 so far.Here are the most recent investments by Molex Ventures:
Date | Company | Location | Round Details | Round Amount | Co-Investors |
|---|---|---|---|---|---|
Feb 15, 2024 | United States | Series B | 4121 | ||
Jul 11, 2019 | Canada | Seed | 1032 | ||
Apr 23, 2019 | United States | Series B | 8721 | - | |
Jan 16, 2019 | United States | Series B | 9092 | ||
Sep 26, 2018 | United States | Series A | 6493 |
IPOs and Publicly Listed companies in Molex Ventures' Portfolio
1 of Molex Ventures' portfolio company became public - Hi-P. It got listed on the Singapore stock exchange. ( SGX), in Dec 2003 at marketcap of $1.98BHere are Molex Ventures' portfolio companies that went public:
Company | IPO Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Dec 17, 2003 | - | - | 4710 |
Acquired companies in Molex Ventures' Portfolio
2 companies from Molex Ventures' portfolio have been acquired. The most recent acquisition was Elenion Technologies in Feb 2020 by Nokia for $*****.Here are Molex Ventures' portfolio companies that got acquired most recently:
Company | Acquisition Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Feb 19, 2020 | - | - | 5134 | |
Jul 21, 2015 | - | - | 7686 |
Co-investors of Molex Ventures
Over the past 9 years, 25 investors have co-invested in Molex Ventures's portfolio companies. This includes only funds.
- Invested before Molex Ventures: Molex, Samsung Securities and 10 others have invested in rounds before Molex Ventures. There are 3 companies where Molex has invested before Molex Ventures and 1 company where Samsung Securities has invested before Molex Ventures.
- Top Co-investors of Molex Ventures: 7 investors entered a company along with Molex Ventures. These include investors like Robert Bosch Venture Capital (1 company).
- Invested after Molex Ventures: A total of 6 investors have invested in Molex Ventures's portfolio after their investments. Top Investors include Hella Ventures (1 company), Maverick Silicon (1 company) and NVentures (1 company).
Recent News related to Molex Ventures
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Excelfore Receives Investments from Molex and HELLAPR Newswire•Sep 26, 2018•Excelfore, Molex Ventures, Hella Ventures