Investing Beyond Moore’s Law:
Seed capital for high growth
deep tech companies

About

Early-stage venture capital for semiconductor, photonics, and materials technologies seeking to unlock $1B+ potential.

Blue Sky Capital is an independently controlled, returns-driven venture capital firm. Since 2017, we’ve provided investment capital to help founders get from concept to product-market fit, then scale to unlock their full potential.

 

We invest in companies who are making advances in the component technology and hardware space, with a focus on electronics, photonics, post-silicon materials, and related manufacturing tech. We have deep ties to Samtec Electronics, a global manufacturer of electronic interconnects, that gives us a strategic advantage – the ability to leverage partnerships and industry expertise, move quickly, and invest with conviction.

Team

Blue Sky Capital is led by Madison Hamman

For each investment opportunity, Madison assembles a team of technical resources from Samtec with experience in the relevant technologies to provide strategic input, drawn from our Samtec and industry relationships.

Before founding BlueSky Capital, Madison began his career at Samtec Inc., a global electronics manufacturer. During his time at Samtec, he launched a startup called Mavizon. Mavizon was incubated at Samtec, allowing the team to utilize the company’s manufacturing and engineering resources. The company closed in 2013, and Madison joined Blue Sky Network, the family office for Samtec’s owners. In 2017, he launched Blue Sky Capital, a dedicated venture fund for the family office.

Madison lives in Louisville, Kentucky, with his wife and three daughters. He holds an MBA from Northwestern University’s Kellogg School of Management.

Find Madison on LinkedIn.

More about Madison
Ryan Flannery

Ryan Flannery, Venture Partner

Ryan is an experienced deep tech venture investor with more than 15 years working in early-stage, physical sciences-based technologies across industries including materials, optics, sensors, alternative and renewable energy, sustainability, display technology, water tech, biofuels and life sciences.

Currently based in San Francisco, Ryan is a strong believer that compelling technologies can come from anywhere, having also lived in the UK and Ireland as well as NYC, Washington DC and Ohio. Prior to Blue Sky Capital, Ryan spent over 10 years with Corning Silicon Valley focused on venture investing, startup strategic partnerships, fund investment management and leading commercialization of new materials and technologies emerging from Corning’s $1B annual R&D spend. Ryan has a BS in Chemical Engineering from Columbia University and an MBA from Georgetown.

Find Ryan on LinkedIn.

More about Ryan

Portfolio

Blue Sky Capital provides direct investment in component electronics companies, as well as like minded venture funds.

Direct Investments

  • Ayar Labs logo
    Ayar Labs

    Breaking barriers in moving data with fundamentally new electronic-photonic integrated circuits

    Learn More ➔

  • Hummingbird Nano logo
    Hummingbird Nano

    Precision molding of microfluidic chips

    Learn More ➔

  • J2 Materials

    High quality lab-grown diamonds for gemstone and semiconductor markets. Acquired by WD Diamonds, January 2021

    Acquired
  • Lumina

    Optical Inspection Systems for detecting thin film defects on Transparent Substrates. Acquired by Onto (NYSE: ONTO) in October 2024.

    Learn More ➔

    Acquired
  • Mosaic Microsystems

    Enabling thin substrate solutions for microelectronics and photonics packaging

    Learn More ➔

  • Perceptive

    Sensing for machine perception.

  • SkyCool Systems

    Harnessing the cooling potential of the sky

    Learn More ➔

  • Oyla

    Next gen 3d sensing

  • Thruwave

    mmWave sensing and radar signal processing for imaging

    Learn More ➔

  • SWIR Vision Systems

    Quantum dot enabled SWIR vision cameras. Acquired by ONSemi (NASDAQ: ON), July 2024

    Learn More ➔

    Acquired
  • Nexus Photonics

    Tunable lasers with unparalleled performance.

    Learn More ➔

  • Cambridge Terahertz

    Providing safety and security through terahertz imaging.

    Learn More ➔

  • EnoSemi Logo
    EnoSemi

    Photonic-Electronic Design IP and Custom Silicon

    Learn More ➔

  • Vitro3D

    Incredibly fast volumetric additive manufacturing.

    Learn More ➔

  • Polaris Electro-Optics

    Empowering integrated photonics for communications and computation.

    Learn More ➔

  • TBA: Supercompute Hardware Startup

    Company in stealth.

    Learn More ➔

Funds

  • Bee Partners

    Investing in passionate founders with deep industry insights, providing capital and mentorship at the earliest stages of venture creation

    Learn More ➔

  • E14

    Building and investing the MIT Media Lab startup community

  • Grit Ventures

    Investing in Early Stage AI + Robotics for Traditional Industry

  • PJC

    Empowering founders to create the future

  • Ubiquity Venture

    Investing in startups bringing software into the real world

  • Ada Ventures

    Bold investment for overlooked founders and markets

Contact

Get in touch

Email

info@bluesky.vc

Location

Headquartered in New Albany, Indiana with a global reach