MIT alumnus and philanthropist Arthur “Art” J. Samberg closed Pequot Capital Management, which in 2000 was the world’s largest hedge fund. In 2009, he launched a family office, Hawkes Financial, LLC. The primary vehicle of Art Samberg’s firm is Acadia Woods Partners, which mainly invests in technology startups including ClearMotion (previously Levant Power Corporation).

1. CLEARMOTION
MAKING RIDES
AS SMOOTH AS
POSSIBLE
Art Samberg

2. ClearMotion
■ MIT alumnus and philanthropist Arthur “Art” J. Samberg closed Pequot Capital
Management, which in 2000 was the world’s largest hedge fund. In 2009, he launched a
family office, Hawkes Financial, LLC.The primary vehicle of Art Samberg’s firm isAcadia
Woods Partners, which mainly invests in technology startups includingClearMotion
(previously Levant Power Corporation).
Born out of MIT, ClearMotion is an auto technology startup that uses rough terrain
detecting and quick-acting software and actuators, in place of shock absorbers, that
push/pull every wheel, to provide an unsurpassed smooth ride. While the driver experience
has been a major consideration, passenger experience is expected to become more
predominant with the emerging use of ride-hailing and self-driving cars with people
increasingly turning into passengers instead of drivers.
Founded in 2009, the company produces a product for cars, pickup trucks, and SUVs and
has partnered with the likes of Qualcomm, Bridgestone, and other auto suppliers to bring
the technology into vehicle production. ClearMotion intends to sell its technology as an
upgrade, and similar to antilock brakes, expects it to eventually become a standard car
feature.The company has raised $270 million in venture capital to date.