
Rafiq Ahmed
30+ years in innovation, UX design, and product development. Angel portfolio includes one unicorn and five exits. 38x TVPI. Formerly Motorola Mobility, Publicis Sapient, Fannie Mae, and PwC. Co-founded Demibooks (exit to EDUC/NASDAQ).
We are founders and engineers who have actually shipped physical products at scale. Dozens of early-stage investments, anchored by deep technical rigour.

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A level of product development and manufacturing experience generally not found in venture capital. From Motorola to med-tech, we've built physical products at scale.
Our GPs come from the design and engineering teams at Motorola and Google — but they met later at Chicago startup Jiobit. Rafiq was one of the first investors; Mitul designed the PCB electronics. Both saw founders burning through investor cash without sufficient mentorship.

30+ years in innovation, UX design, and product development. Angel portfolio includes one unicorn and five exits. 38x TVPI. Formerly Motorola Mobility, Publicis Sapient, Fannie Mae, and PwC. Co-founded Demibooks (exit to EDUC/NASDAQ).

Leads tech due diligence and the Residency program. Founder & CEO, M.P. Consulting. 15+ years at Motorola Mobility. BS Computer Engineering, UIUC. Expertise spans wearables, smart homes, smartphones, and industrial sensors.

20+ years across Credit Suisse, Deloitte, Capco, Delta Capita. Former Partner & Head HK at Capco. Led APAC transformation programs and cross-border deals.

Co-founder of Independence Equity and Cornerstone Angels — Chicago's earliest angel network. 20+ years in startup investment banking and 100+ board engagements. Board member, EcoMyths Alliance.

Fundraising, LP engagement, fund operations, and portfolio storytelling. Board, Chicago:Blend. Founder, Mental Polaroids. MS Marketing Analytics, Illinois Tech.

12+ years connecting startups across Europe. Leads European ecosystem partnerships and program development for Dipalo Ventures. Supported 55+ startups in food, energy, health, and smart cities.

Serial entrepreneur and founder coach with multiple successful exits. Works with portfolio founders to accelerate growth. Investor in Dipalo Ventures and One Way Ventures. Board, Zenblen.
A network of operators, engineers, and domain experts across hard tech, energy, and advanced manufacturing.
+ 10 more advisors across energy, manufacturing, and life sciences.