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Suffolk Technologies operates as a venture capital platform, investing in companies innovating the built environment. It provides capital, resources, and networks to accelerate founders developing new technologies across construction, architecture, engineering, real estate, and infrastructure. The firm targets innovations in fintech, sustainability, smart buildings, design, and automation, enhancing productivity and fostering sustainable practices.
The platform launched in 2019, co-founded by Wan Li Zhu and Jit Kee Chin, to drive innovation in the built world. Zhu, an experienced VC investor and former partner, leveraged his MIT and Harvard background. Chin, Chief Data and Innovation Officer at Suffolk Construction, applied her analytical expertise from McKinsey and MIT to co-create this investment platform.
Its portfolio serves diverse customers like construction professionals and real estate developers, with solutions optimizing processes, reducing environmental impact. Suffolk Technologies envisions a more productive, sustainable future, empowering founders to scale technological advancements, reshape physical infrastructure, and promote efficiency.
Suffolk Capital has 1 tracked investment across 1 company. The latest tracked deal is $60.0M Series C in HqO in April 2021.
| Date | Company | Round | Lead Investor(s) | Co-Investor(s) |
|---|---|---|---|---|
| Apr 1, 2021 | HqO | $60.0M Series C | — | Accomplice VC, Active Impact Investments, Bain Capital, B Capital Group, Breakthrough Energy Ventures, Climate Capital, Fifth Wall, Future Shape, Insight Partners, JLL Spark, Marc VAN DEN Berg, Thirty Five Ventures, WIND Ventures, Bradley Horowitz, Jeremy Stoppelman, Mike Gordon, Mike Krieger, RON Pragides, Shane Neman, Allegion Ventures, Cushman & Wakefield, DivcoWest, Navitas Capital, Travis Skelly, The Pagliuca Family Office |