Chemicals/Specialty Materials • Software • Electronics/Instrumentation • Semiconductors • Telecommunications • Optics • Nanotechnology
Keith Crandell is a co-founder and a Managing Director of ARCH Venture Partners. He focuses on chemical and specialty materials companies, electronics and instrumentation, optics and photonics, communications, and enterprise infrastructure businesses.
Mr. Crandell has played a key role in the formation and initial funding round of Quanterix, 908 Devices, Alfalight, Cytrellis Biosystems, Ultivue, PixelEXX Systems, ALIS Corp. (acquired by Carl Zeiss SMT), Eichrom Industries (acquired by Gary Comer, Inc.), Nanophase Technologies (NANX), and Illinois Superconductor. He was also responsible for ARCH's investment in New Era of Networks (NEON, acquired by Sybase-SY), Apropos Technology (APRS, acquired by Syntellect-ESL), Teach.com (acquired by Intellinex), CelebrateExpress (BDAY, acquired by Liberty Media-LINTA), Ahura Scientific (acquired by Thermo Fisher Scientific-TMO), Adesto Technologies (IOTS), Ciespace, Boreal Genomics, Permeon Biologics, Univa, Twist Bioscience, and Crystal IS (acquired by Asahi Kasei-AHKSY), among others. He is a director of Quanterix, Nanosys, Alfalight, Adesto Technologies, 908 Devices, Boreal Genomics, Twist Bioscience, Permeon Biologics, Cytrellis Biosystems, and Ultivue.
Since 2004, Mr. Crandell has served as Chairman of the Advisory Board of the Illinois State Treasurer Technology Development Account, a fund-of-funds focused on Illinois private equity and venture capital partnerships. Mr. Crandell also serves on the Entrepreneurship Advisory Board at the Polsky Center for Entrepreneurship, ChicagoBooth since 2005 and also as a Director of the Clean Energy Trust since 2010. He has been active with the Illinois Venture Capital Association since its inception, recently serving as Chairman. Mr. Crandell also serves on the University of Texas, Arlington Development Board and the Chicago Historical Society Board of Trustees. He previously served as a Director of the National Venture Capital Association and the Governmental Affairs Committee.
Prior to the founding of ARCH, Mr. Crandell was with the specialty chemical and polymer company, Hercules, Inc. He holds an M.B.A. from The University of Chicago, an M.S. in Chemistry from the University of Texas at Arlington, and a B.S. in Chemistry and Mathematics from St. Lawrence University.