AE Ventures and 90 Degree North Holdings co-Lead $10 million investment in SEMPRE to advance resilient infrastructure solutions
Strategic investment accelerates development of resilient infrastructure solutions for commercial and defense markets.
Colorado Spring, Co, Sept 16, 2024—SEMPRE, a leading innovator in resilient and secure digital infrastructure, announces a $10 million funding round co-led by AE Ventures, the venture capital platform of AE Industrial Partners, LP, and 90 Degree North Holdings (90N). This investment accelerates the company’s mission to protect vulnerable operations through advanced infrastructure resilience across both commercial and defense markets.
The co-lead investment brings together two powerful entities to drive SEMPRE's growth and technological advancements in critical infrastructure solutions. AE Ventures, which has a strategic partnership with The Boeing Company, focuses on early-stage investments in transformative technologies across national security, aerospace and industrial markets. 90N, a strategic investment and advisory firm, brings extensive global relationships and expertise in technology, space logistics and critical infrastructure.
Tommy Hicks, Jr., CEO of 90 Degree North Holdings, commented, “Co-leading this investment with AE Ventures underscores our confidence in SEMPRE's vision for resilient infrastructure.Their technology has the potential to fundamentally reshape the digital infrastructure landscape, much like how AWS transformed cloud computing. Our extensive relationships across various sectors, combined with AE Ventures’ aerospace leadership, create a powerful ecosystem to support SEMPRE. We're excited to help accelerate the development and deployment of SEMPRE’s solutions to redefine how organizations approach secure and resilient operations.”
SEMPRE has also recently signed a Memorandum of Understanding (MOU) with Boeing Global Services (BGS), a division of The Boeing Company that supports both public and private sector clients. The collaboration aims to explore the potential of SEMPRE’s technology to strengthen BGS’s capabilities, particularly in contested logistics scenarios.
“We look forward to this partnership with SEMPRE and exploring ways to meet warfighter’s needs together,” said Torbjorn “Turbo” Sjogren, vice president of government services for Boeing Global Services. “By investing in SEMPRE, we're not just supporting a promising technology – we're investing in a solution that can significantly improve our ability to serve customers in contested and remote locations."
SEMPRE's "Anywhere Edge" solution redefines resilient infrastructure by combining advanced software and hardened hardware into a comprehensive system. This all-in-one, stand-alone and transportable solution offers a fully independent 5G cellular network, enterprise-level hybrid cloud with high-performance compute capabilities, and multi-redundant satellite gateways. It also provides real-time decision-making support and zero-trust architecture for resilient security. Deployable in minutes and capable of integration with existing networks, SEMPRE's EMP-hardened, tamper-resistant design delivers secure, survivable communications in digital deserts and emergency situations.
“This funding marks a significant milestone for SEMPRE,” said Rob Spalding, CEO of SEMPRE. “It enables us to accelerate product development, enhance scalability, and expand our market reach. We're now better positioned to address the growing global demand for resilient, secure communication and compute solutions in even the most challenging environments.”
About SEMPRE
SEMPRE products combine 5G cellular communication, local cloud, and a satellite gateway into easy-to-operate, hard-to-destroy transportable devices that can be deployed in minutes. To accomplish this, CEO Rob Spalding and a team of security and digital infrastructure experts set out to tackle every aspect of what modern communications should offer users: security, resiliency, high-performing edge compute, and survivability. SEMPRE creates solutions that support secure, resilient operations across diverse commercial and defense sectors.
For more information, visit sempre.ai or contact our team at info@sempre.ai.
About AE Ventures
AE Ventures is the venture capital platform of AE Industrial Partners, LP, a private investment firm with$6.3 billion of assets under management, focused on highly specialized markets including national security, aerospace, and industrials. AE Ventures has completed over 50 investments in early-stage companies that benefit from their deep industry knowledge, operating experience, and network of relationships across the sectors where the firm invests.
About 90N
90 Degree North Holdings LLC (“90N”) is an investment and advisory firm formed in 2023 to make investments in multiple platforms including technology, space logistics, critical infrastructure and other opportunities. 90N has extensive relationships globally with impact-oriented people in the private and public sectors.
About Boeing
As a leading global aerospace company, Boeing develops, manufactures, and services commercial airplanes, defense products and space systems for customers in more than 150 countries. As a top U.S. exporter, the company leverages the talents of a global supplier base to advance economic opportunity, sustainability and community impact. Boeing's diverse team is committed to innovating for the future, leading with sustainability, and cultivating a culture based on the company's core values of safety, quality and integrity. Join our team and find your purpose at boeing.com/careers.
Torbjorn Sjogren, Vice President and General Manager Boeing Global Services, and Rob Spalding, SEMPRE CEO, commemorate the recent investment in SEMPRE with a handshake at AFA's Air, Space and Cyber Conference 2024. (Photo courtesy of Boeing Global Services)