1855 Capital

1855 Capital functions as a seed and early-stage venture capital fund, investing in companies closely affiliated with Penn State University. It targets businesses with strong technological capabilities and scalable models across information technology, advanced materials, and healthcare. The firm strategically leverages the university's research and expansive alumni network for investment sourcing.

Founded in 2016, the firm is led by Managing Director Matt Rhodes, an experienced leader in innovation and corporate development. Rhodes’ background includes executive roles at Teranetics and Conexant Systems. His core insight was to channel Penn State's significant intellectual and entrepreneurial talent into a dedicated investment vehicle, fostering ventures within its ecosystem.

1855 Capital partners with entrepreneurs and nascent ventures originating from the Penn State ecosystem. The firm's vision fosters a dynamic entrepreneurial landscape around the university by providing strategic capital and guidance. Its mission transforms promising innovations into successful enterprises, contributing to community growth and impact.