Boston firm expands to San Francisco

  • 2015-02-25
An investment business called Bolt has opened an office in San Francisco, which could have implications for the wider region.

Bolt operates by making investments in startups in the hardware sector. It can also provide these enterprises with experts who specialize in engineering or design. Sometimes, the provision of machine space access is part of the deal.

Bolt has already invested in three firms in the area of San Francisco, according to company co-founder Ben Einstein. The investment business may choose to employ business card printing in Vallejo if it continues to make progress.

Mr. Einstein has said:

“We have a full staff of mechanical and electrical engineers, industrial designers, embedded systems designers. Our companies can ask them, ‘I’m not sure how to make this part with an injection mold tool.’ And rather than offering mentorship, they will sit down with you and design the part.”

He has added that Bolt intends to recruit three more staff in California soon, but has confirmed that some members of the organization will travel between Boston and San Francisco for a while.

The investment business has managed to get more capital behind it. Two years ago, Bolt contrived to raise $4m, and it has now got at least $25m to its name. Cisco Investments, Logitech, Autodesk and Grishin Robotics have all taken the plunge.