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yet2
yet2 is a venture capital based in Waltham, founded 1999; the Altss profile covers its classification, headquarters, registration, AUM band, and key contacts...
yet2
yet2ventures is a private equity firm based in Waltham, Massachusetts. It focuses on direct secondaries investments.
General information
Firm type
Venture Capital
Year founded
1999
Location
Region
North America
Country
United States
City
Waltham
Corporate office
204 2nd Ave, Waltham, MA, 02451, United States
Additional offices
Liverpool, UK · Nottingham, UK · Tokyo, Japan
Principals
Tim Bernstein
Management Team
Fujii Hideyuki
Management Team
Edward de Paz
Management Team
Cecile Degorce
Management Team
Marcus Widell
Management Team
Phil Stern
Management Team
Ben Dupont
Management Team
Sector focus
Frequently asked questions
What is the relationship between yet2 and yet2Ventures?
yet2 is the open-innovation consultancy that scouted corporate technologies. yet2Ventures was its investment fund, launched to take equity stakes in those corporate-originated opportunities. The fund was later spun out to Chartline Capital and now operates independently from the consulting business.
How did yet2 originally fund itself?
yet2 was founded in 1999 with investment from a consortium of eight corporate sponsors: Venrock, 3i, DuPont, Procter & Gamble, Honeywell, Caterpillar, NTT Leasing, Bayer, and Siemens. That corporate backing gave the firm immediate access to the R&D pipelines of several Fortune 500 companies.
Does yet2 still operate a direct-investment vehicle?
The direct-investment vehicle, yet2Ventures, was spun out to Chartline Capital. yet2 itself currently operates exclusively as an open-innovation consultancy and technology-scouting service, though the historical connection means the network that fed the fund is still active on the consulting side.
What types of clients does yet2's consulting business serve?
yet2 primarily serves large corporations — historically the Global 1000 — across chemicals and materials, consumer goods, energy, healthcare, and advanced manufacturing. It also holds long-term government contracts, including a five-year scouting agreement with NASA renewed in 2024.
Who runs yet2's management team?
The management team is led by Tim Bernstein, Edward de Paz, and Fujii Hideyuki, with additional senior roles held by Cecile Degorce, Marcus Widell, Phil Stern, and Ben Dupont. The firm does not publicly designate a single CEO or CIO title, operating instead through a distributed leadership structure.
Where does yet2 maintain offices?
yet2 has its headquarters in Waltham, Massachusetts, with additional offices in Liverpool and Nottingham, United Kingdom, and Tokyo, Japan. The Wilmington, Delaware office was associated with the yet2Ventures fund and is no longer part of the consulting entity's footprint.
What investment stages did yet2Ventures target?
yet2Ventures covered direct secondaries, early-stage including seed and start-up, and expansion through late-stage venture. Its mandate centered on corporate-originated technologies — often licensing or spinning out assets from R&D-heavy enterprises and providing them with growth capital.
Profile maintained by Altss using OSINT (open-source intelligence), regulatory filings, licensed data partners, and verified direct submissions. Read the methodology. Last updated: . Continuous refresh with full update cycles at least every 30 days.
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