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 F. Noël

Founding Partner

Robert O'Reilly Jr.

Partner

2 past transactions

Biomason

Venture Round in 2015
Biomason is a company focused on developing biological cement-based building materials that offer a sustainable alternative to traditional clay and concrete. By utilizing natural microorganisms and innovative chemical processes, Biomason produces biocement at ambient temperatures, significantly reducing the energy consumption typically associated with conventional manufacturing methods. This technology not only provides builders with carbon-free building materials but also aims to eliminate 25% of the concrete industry's global carbon emissions by 2030. Since its inception in 2012, Biomason has successfully implemented its biocement in various projects across the United States and Europe, with its bioLITH precast tile products currently available for commercial use.

Ndustrial

Seed Round in 2011
Ndustrial specializes in providing analytical engines and an industrial optimization platform tailored for mid-tier manufacturers and energy companies. Their solutions focus on enhancing production control, improving energy efficiency, and minimizing waste, which enables organizations to optimize operations and reduce costs. The company employs a proprietary industrial operating system that integrates legacy data and facilitates the deployment of new Industrial IoT assets. Additionally, Ndustrial offers real-time cloud-based applications designed for factories and industrial facilities, utilizing predictive control algorithms to support efficient resource management across various sectors.
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