Acorn Innovestments

Acorn Innovestments is a venture capital firm established in 2010 and located in Durham, North Carolina. The firm focuses on seed-stage and early-stage investments, targeting start-up companies in the manufacturing, environmental technology, and advanced materials sectors. Acorn Innovestments aims to support innovative businesses that are poised for growth in these critical industries.

Michael Noël

Founding Partner

Robert O'Reilly Jr.

Partner

2 past transactions

Biomason

Venture Round in 2015
Biomason is a developer of a building materials technology to produce biological cement-based building materials alternatives. Its bio cement production combines natural microorganisms and chemical processes to develop masonry materials at room temperature, which helps replace traditional clay and concrete, and the high energy consumption associated with standard manufacturing them, enabling builders to acquire alternative building materials that are produced carbon-free. Since 2012, the company has used microorganisms to grow sustainable, structural biocement® in ambient temperatures, harnessing the power of biotechnology to reinvent traditional cement and offer a planet-friendly alternative. Biocement will eliminate 25% of the concrete industry’s global carbon emissions by 2030. Biomason bio cement is in use in projects throughout the US and Europe, and bioLITH precast tile products are commercially available.

Ndustrial

Seed Round in 2011
Ndustrial offers analytical engines that help businesses control production, improve energy efficiency, and eliminate waste. They help organizations, primarily mid-tier manufacturers, become more competitive through energy efficiency, waste elimination, and other fiscally responsible, environmentally intelligent solutions. With a proprietary industrial operating system, the company integrates legacy data, streamlines deployments of new Industrial iot assets, and hosts model predictive control algorithms. It also deploys real-time cloud-based applications for factories and industrial facilities around the world.
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