1855 Capital is a seed and early stage venture capital fund investing in companies with an affinity to Penn State University. We develop investment opportunities by actively engaging with current faculty/staff and students involved in world-class research efforts and the 600,000+ alumni network.


A target portfolio company has both a core technological competency not currently available in the marketplace and a business model/management team that is scalable. Sectors include information technology, advanced materials, healthcare/medical devices. The fund will actively leverage the business acumen and management talent of the Penn State Alumni network and the Funds’ limited partners.


While the Fund has strong ties to the Penn State community – local and global – 1855 Capital is a privately owned and operated company and is not directly affiliated with Penn State.

We Are...
Matt Rhodes

Matt Rhodes - Managing Director

Focused on innovation and change management, Matt has invented new technologies, led the development of new products, built and managed large organizations and driven revenue growth and profitability. Matt’s background ranges from start-up funding and management as CEO of Teranetics to leading a $1B+ semiconductor business as President of Conexant Systems.

View Matt Rhodes's LinkedIn profile View Matt Rhodes’s profile

Get in Touch

(814) 826-4740    |

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