Investing Beyond the Chip

At Maxim Ventures, we're using our technology, relationships, and capital to build healthcare businesses that are creating products that deliver insights to enable a healthier world.

About Us

Enabling a Healthier World

As healthcare costs rise and populations age, how can we deliver the level of care that people require? Whether our goal is to stay fit, receive early warning signs, monitor chronic conditions, accelerate recovery, or age in place, we all need better ways to monitor our health. By doing things like recording a heartbeat, monitoring the environment, measuring blood-glucose levels, and augmenting people's senses, technology plays a critical role in delivering the insights to make all of this possible.

Maxim Ventures is dedicated to helping innovative healthcare and life science startups bridge the gap between the analog measured world and the digital computational world, and creating thriving businesses along the way.

Turning Insights Into Healthcare Value

Collecting and unlocking value in all of the measured data is no easy feat. Nor is making this data available to tools that boast the computational power to uncover insights for preventive care, virtual care, predictive monitoring, disease management, and more. What's needed are:

  • Medical-grade technology for wearables that provide clinical evaluation, analysis, and prediction
  • Chip-level integration for more affordable point-of-care readers
  • High-performance signal-chain components for receivers, transmitters, and transducer drivers for high-resolution ultrasound images
  • Small-size, low-power electronics for portable patient (vital signs, hemodynamics, etc.) and environmental monitoring
  • Precision measurement for molecular diagnostics
  • Bio-impedance, optical, electrical, and temperature measurement for health-monitoring systems

Target Segments

For entrepreneurial system-level innovators who are developing these kinds of solutions, Maxim brings to the fold sensor and analog technologies for precision measurement; security products for calibration, data integrity, and protection of intellectual property (IP), data, and privacy; and low-power and power management solutions for compact mobile and wearable applications.

Access to New Markets and Opportunities

More than just a capital partner, Maxim Ventures uses our analog circuit expertise, capital, and worldwide relationships to put new markets and possibilities within your reach. Talk to us if you're a healthcare or life sciences mid-stage startup and want to team up with a leader with knowledge, technologies, and partnerships that can help your business grow and thrive. We'll be happy to consider a co-investing opportunity with other leading investors.

Receive financing from our $200M venture fund for Series B investments
Get early access to Maxim's enabling microchip, sensor, power, and security technologies
Tap into our global customer and partner networks and get direct access to key decision makers
Get access to our best technologists, business leaders, and support teams

With the combination of Maxim's IC know-how, relationships, and capital and your new use cases and business models, we can capture more value from measured data, create new revenue streams, and develop winning businesses. Together, we can create solutions that tackle rising healthcare costs and promote a healthier world.

Our Team

Chris Neil

Chris Neil
Head of Maxim Ventures
Senior Vice President, Maxim Integrated

Chris Neil is co-founder and Head of Maxim Ventures. He is also a Senior Vice President of Maxim Integrated, reporting to the CEO. Prior to this position, Chris created and headed Maxim's $1B Industrial and Medical Solutions Group (IMSG), focused on semiconductor-based solutions for the energy, healthcare, factory automation, financial terminal, and security markets. Chris joined Maxim in 1990 and was appointed Vice President in 2006. He holds BSEE and MSEE degrees from the Massachusetts Institute of Technology.

Shailendra Mahajan

Shailendra Mahajan
Managing Director, Maxim Ventures

Shailendra Mahajan is co-founder and managing director of Maxim Ventures. Over the past 25 years, he has acquired broad experience in system design, sales, strategic marketing and management. Mahajan is recognized for his ability to uncover excellent business opportunities and mentor entrepreneurs. He serves as a board observer for Evergaze, HD Medical, LVL and toSense. In addition, in 2018 he was recognized by CB Insights' 15 Smart People in Healthcare. Mahajan earned a MSEE from Texas A&M. He has also taken executive management courses at Stanford University, UC-Berkeley and UT Austin.

Our Portfolio

Spire Health
Spire Health platform provides the complete solution to remotely motoring COPD patient and improving their health outcome.

Bedrock Automation
Bedrock Automation makes the world's highest performance and most cyber secure industrial automation platform based on three prime directives: simplicity, scalability, and security. Maxim Ventures provided incubation and early-stage funding.

Sotera Wireless
Sotera Wireless, Inc., develops medical devices and solutions with a mission to improve patient safety in virtually any care setting by detecting early signs of deterioration. These solutions thus enable early intervention and rapid response, without limiting the patient's freedom of movement. Maxim Ventures participated in a $53M Series-E round.

Unaliwear develops water-resistant, long-battery-life watches for seniors and other vulnerable populations for use as part of a Personal Emergency Response System (PERS). Its attractive, voice-controlled Kanega™ wristwatch provides alerts for falls, medication reminders, and GPS guidance. Maxim participated in the Seed series round.

Evergaze develops lightweight electro-optical visual aids for people with age-related macular degeneration (AMD) to help improve their quality of life. The compact, unobtrusive seeBoost™ device fits onto an ordinary pair of prescription glasses. Maxim participated in the Series A round.

HD Medical
HD Medical develops digital stethoscope products with patented, FDA-approved algorithms for detecting different types of heart murmurs. Their ViScopeECG™ products combine a high-resolution visual display with traditional auscultation to provide instant diagnosis of ailments to healthcare providers. Maxim participated in a convertible note round.

Valor Fire Safety
Valor Fire Safety develops, patents, and licenses an optical smoke-detecting technology called external sampling photoelectric (ESP), which eliminates the traditional smoke collection chamber and broadens sensing into the open room. Compared to traditional smoke detectors, ESP activates more quickly to fires and is less susceptible to nuisance alarms.

Nexpaq builds a modular smartphone case that allows users to seamlessly customize, enhance, and add new hardware functions to their existing smartphones through small transferable modules. This open system allows independent developers to create new modules, ease their manufacture, and sell them on the nexpaq website, truly democratizing IoT hardware.

MedWand is a remote patient-monitoring device that combines the functionality of several conventional diagnostic tools, including an otoscope, ophthalmoscope, EKG, thermometer, and pulse oximeter. It enhances traditional voice-only telemedicine by being the high-quality remote "eyes and ears" of the doctor, allowing greater diagnostic capabilities. Built-in connectivity allows readings to be uploaded directly to the cloud and into a HIPAA-compliant secure medical record.

X2 Biosystems
X2 Biosystems provides a concussion management solution and platform that lets you monitor, assess, and act in real time when head impacts occur. It consists of the applied X-Patch Pro sensor, a Sensor Data Management (SDM) tablet app, the X2 Integrated Concussion Evaluation (ICE) app, plus the X2 Cloud Platform where the ICE and SDM data are saved for analytics and tracking patient impact and behavior histories. It is intended for use by youth and professional athletes, military personnel, and at-risk industrial workers.

LVL Technologies
LVL Technologies (formerly BX Athletics) is focused on building health and fitness wearables that track hydration in addition to activity, heart rate, sleep, and self-reported mood. Their LVL One wrist product combines a machine-learning algorithm with an infrared sensor to measure the water content in a user's blood stream and then provides real-time prompts to hydrate. Maxim is a co-investor with Samsung Catalyst Fund.

Two Pore Guys
Two Pore Guys, Inc. develops single molecule biosensors for diagnostic uses. The company focuses on developing digital, hand-held, and single molecule biosensors that detect viruses, bacteria, antibodies, and other pathogens; and track disease progression. It serves human and animal diagnostics, agriculture and agrigenomics, law enforcement, defense, forensics, drug discovery and development, and consumer products markets.

Profusa's mission is to make our body's chemistry easily accessible to improve health and wellness. We are dedicated to becoming a leader in the development of real-time biosensors that provide unprecedented insights into our overall health status.

Eccrine Systems
Eccrine Systems develops sweat sensing technologies to enable pharmacoeccrinology, a new field of precision medicine which allows prescribers to optimize pharmacotherapy more rapidly and cost-effectively through non-invasive measurement of individual drug responses in eccrine sweat.

Customer Testimonials

See how Maxim is helping customers quickly turn their concepts into working prototypes, and sign up for a free Design Startup Pack. Here are a few stories that highlight how different companies are using Maxim technologies to achieve their product goals.

We Love Startups


Maxim Ventures in the News
2018-01-09 Two Pore Guys and Maxim Integrated Announce Technology Collaboration and Investment BusinessWire
2017-10-19 Pore strength UC Santa Cruz Magazine
2017-10-12 Two Pore Guys Announces Global Licensing Agreement With Monsanto for Its Rapid Detection Technology Platform Business Wire
2017-08-17 LVL Technologies Announces New $6.75M Series A Funding Round, Led by the Samsung Catalyst Fund Business Wire
2017-08-17 LVL Technologies Touts New $6.75M Series A Funding Round mHealth Watch
2017-08-17 Samsung leads LVL Technologies' $6.5M round to build a hydration-tracking wearable Mobihealth News
2017-08-17 Austin-based LVL Technologies, maker of hydration watches, receives $6.75 million funding round 512tech
2017-08-17 LVL raises $6.75 million in new funding for their hydration tracker Gadgets & Wearables
2017-07-27 Sotera Wireless Brings In $31.8 Million NewsCenter IO
2017-07-26 Sotera Wireless $52.64 million Fundraising. Francis Chen Filed Jul 17 form D Weekly HUB
2017-07-19 Secure Power Supply and UPS Pass EMP Test Automation World
2017-07-05 Next-Gen Controllers: Secure by Design Automation World
2017-02-01 UnaliWear's Kanega Smartwatch Helps Elders Stay Independent PC Mag
2017-01-31 Watch: A stethoscope that helps doctors 'see' your heartbeat Khaleej Times
2017-01-12 Evergaze LLC and Dallas Lighthouse for the Blind, Inc. form distribution and customer support partnership for seeBoost® (PDF) Dallas Lighthouse for the Blind
2016-12-20 Interview with Maxim Integrated Ventures (Video) TMC Net
2016-09-28 Telemedicine Device Startup MedWand Receives Investment from Maxim Ventures PRWeb
2016-09-13 Intelligent and Cyber Secure Standalone Power Supply from Bedrock Automation is Built to Last a Lifetime and Deliver on the IIoT Promise Remote Magazine
2016-09-13 Google killed its Lego-like modular phone, but the man behind it is bringing the idea to a new project Quartz
2016-09-06 nexpaq Receives Key Investment from Maxim Ventures nexpaq
2016-09-01 New Smart Watch Dubbed 'OnStar For People' CBS Pittsburgh
2016-09-01 Ten Life Science Startups to Watch in Austin Silicon Hills
2016-08-18 Valor Fire Safety Secures Strategic Investment from Maxim Ventures Valor
2016-05-26 Icon Labs Announces New Floodgate Defender? the First Complete Low-cost Compact Industrial Firewall Icon Labs
2016-05-05 Bedrock Automation universal industrial control system Control Global
2016-04-27 94-year-old fashion icon's smart bracelet to compete with Fitbit CNBC
2016-02-29 UnaliWear Secures Strategic Investment From Maxim Ventures PR Newswire
2016-02-04 HD Medical Secures Strategic Investment from Maxim Ventures Business Wire
2016-01-26 The Bedrock™ Control System Wins a 2015 Plant Engineering Magazine Product of the Year Award University Chronicle
2016-01-19 Cybersecuring Control Systems Automation World
2015-12-16 Leveling the Ethernet I/O Field Automation World
2015-11-24 Wearables as second galvanic skins EDN
2015-10-20 Bedrock seeks secure automation freedom with universal I/O Control Global
2015-10-16 Bedrock Bares All Bedrock Automation
2015-10-15 Process Control Systems: Bedrock is automation reimagined to deliver the highest levels of security, availability, and performance to users. This is a Control Engineering 2016 Engineers??Choice finalist. Control Engineering
2015-09-12 Startup's garment targets sports, health care Upstart Business Journal
2015-08-12 Sarvint Technologies raises $6 million to develop a "smart shirt" Biz Journals
2015-08-12 Sarvint Technologies Closes Series A Funding PR Newswire
2015-08-10 Bedrock Automation Receives Frost & Sullivan 2015 Best Practices Award for Industrial Control System Innovation Bedrock Automation
2015-08-07 UnaliWear Makes Smartwatches for Older Adults Silicon Hills
2015-08-07 Bedrock™ Universal Control System Marks New Era in Automation Bedrock Automation
2015-07-22 Lithium ion batteries come to UPS Control Global
2015-07-17 Cybersecurity from the Inside Out Automation World

Contact Us

Corporate Headquarters
Maxim Ventures
160 Rio Robles
San Jose, CA 95134 USA

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