Cybernetix Ventures
From the robotics community,
by robotics leaders,
for robotics innovators
Exceptional network of
executives, suppliers, customers, manufacturers, acquirers and growth investors
Extensive
technology and vertical markets expertise
Hands-on
operations and business value creation
Approach to robotics, automation and industrial AI
Investing in pre-seed, seed and series A startups in the following verticals and enabling technologies
- Industrial AI
- Cloud for Robotics
- Cybersecurity for Robotics
- Autonomy
- Sensors / Edge Computing
Passionate, relentless,
market-driven founders.












Our Team

Fady Saad
General Partner

Fady Saad is a General Partner of Cybernetix Ventures. He is also the Co-founder of MassRobotics; the first and largest robotics & AI startup escalator in the world. Fady led the multi-million dollar fundraising for the organization and architected MassRobotics’ corporate partnership program and business model. Fady supported & advised multiple startups and introduced them to 150+ VCs in the US & globally.
Early in his career, Fady was a Regional Manager of Nokia Siemens Networks in North Africa and Europe where he led and managed multimillion-euro acquisitions and bids. He was also part of the team that led the merger between Siemens Com and Nokia Networks in North Africa for 700+ employees.
Fady holds a BS in Mechanical Engineering from the American University in Cairo and a MS in Engineering, Systems Design, and Management from MIT.

Mark Martin
General Partner

Mark Martin is General Partner of Cybernetix Ventures. He is an experienced investor, board member, advisor, and tech executive.
Mark is a former VP of Analog Devices Industrial Automation, Sensors, and IoT division where he ran a $1B+ business, led multiple acquisitions, led strategic investments, and scaled new business ventures. Mark has 25+ years of executive tech leadership spanning industrial, healthcare, automotive, and consumer industries. Mark executed the sale of two business units for more than $450M and led $100M of acquisitions across 4 transactions.
Mark has a BS in Electrical Engineering from Cornell University and an MS in Engineering Management from Tufts University’s Gordon Institute. He is also a recipient of the Tufts Outstanding Career Achievement award.
In his spare time Mark enjoys traveling, golf, and spending time with his family on Cape Cod.

Benjamin Naovarat
Senior Associate

Before joining Cybernetix, Benjamin Naovarat, MD, worked as a venture capital investor at the Texas Medical Center (TMC) Venture Fund. In this role, he focused on deals in the medical device and therapeutics space. Additionally, he contributed to diligence, market research, and analysis, playing a crucial role in advancing TMC’s strategic initiatives.
Previously, he held the position of a physician researcher at McGovern Medical School, focusing on diverse research areas encompassing genetics, autoimmune diseases, infectious diseases, and translational outcomes. During this period, he has notably authored multiple abstracts, peer-reviewed articles, and several chapters in textbooks.
Benjamin obtained his Bachelor of Arts degree in Philosophy from Texas A&M University. Subsequently, he earned his MD from the University of Texas McGovern Medical School and later pursued an MBA from the University of Michigan.

Margaux Sullivan, Marketing Director

Margaux Sullivan
Margaux Sullivan brings over a decade of experience across brand, communications, and marketing.
Prior to joining Cybernetix, she led marketing and brand at Link Ventures, where she built and executed firm-wide marketing, communications, and ecosystem strategies, driving brand equity for both the fund and its portfolio. Margaux has also consulted for startups across sectors, partnering with founders and executive teams to formulate and position brand identity, enhance visibility, and craft enduring experiences that generate key results.
Her leadership is defined by her ability to bring brand stories to life—whether launching a fund, curating a high-profile industry conference, or activating strategic partnerships. She blends sharp creative instincts with operational fluency and an editorial eye.
Margaux holds a BA from Wheaton College (MA).

Jackson Saunders
Strategy & Operations Lead

Jackson Saunders leads growth strategy and operations for Cybernetix, driving strategic partnerships, ecosystem development, and internal operations to scale the firm efficiently and effectively.
Before joining Cybernetix, Jackson was part of the business development team at Entrada Therapeutics, a clinical-stage biotechnology company advancing therapies for rare diseases. There, he supported scientific strategy and competitive intelligence efforts across the company’s therapeutic pipeline.
Jackson earned a B.S. in Biology and an M.S. in Innovation and Management from Tufts University. While at Tufts, he co-founded EcoView, a startup developing drone-based mapping solutions for precision irrigation. As co-founder and CEO, he guided EcoView from concept through fundraising, culminating in a second-place finish at the Tufts $100K New Ventures Competition.

Steve Ricci, Sr. Advisor

Steve Ricci
Steve Ricci, senior advisor, is a former partner at Flagship Ventures, and former president of the New England Venture Capital Association, bringing more than 30 years of early stage venture capital investment experience.

Peter Wurman, Advisor

Peter Wurman is the co-founder and former CTO of Kiva Systems, a manufacturer of mobile robotic fulfillment systems acquired by Amazon and rebranded to Amazon Robotics. He is currently Sony’s AI America director and was inducted into the National Inventors Hall of Fame in 2020.

Elaine Chen, Advisor
Center at Tufts University

Elaine Chen is a well-known roboticist, currently director of the Derby Entrepreneurship Center at Tufts University, Cummings Family Professor of the Practice in Entrepreneurship, and former entrepreneur-in-residence at the Martin Trust Center for MIT Entrepreneurship.

Mark DeSantis, Advisor

Mark DeSantis
Mark DeSantis is a serial entrepreneur, professor and advisor. Mark is the former CEO of Bloomfield (acquired by Kubota Corporation), a company using AI to help specialty crop growers improve yields across the US, EU, Africa and South America. He is an Adjunct Professor of Entrepreneurship at Carnegie Mellon University and holds MS in Technology Management from The American University, a PhD in Public Policy from the Schar School of Policy and Government at George Mason University and a Doctorate in Business Administration from the Fox School of Business at Temple University.
Our core team has technology, entrepreneurial, market and investing experience.
News & Insights
- June 3, 2025 - Cybernetix Ventures Raising $100M Fund as Robotics and Physical AI Enters Accelerated Growth Phase
- November 14, 2024 - Cybernetix Ventures Introduces the Robotics Startup Playbook
- September 5, 2024 - Raise Robotics Named Among Top 50 Robotics Companies
- July 8, 2024 - Robotics Investment: Navigating Hype, Reality, And Future Innovation
- April 17, 2024 - Cybernetix Ventures partners with the Pittsburgh Robotics Network
- March 8, 2024 - Cambrian Robotics Announces $3.5M Seed+ Funding Led by Cybernetix, KST Invest
- November 27, 2023 - Cybernetix Collective Insights: Smart Biomanufacturing
- October 24, 2023 - Airworks Announces Strategic Growth Investment Led by PSG (with follow-on investment from Cybernetix)
- August 14, 2023 - Rugged Robotics Named Highest-Rated Robotics Solution by Builtworlds