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 developer of innovative building materials that produce biological cement-based alternatives. The company utilizes natural microorganisms and chemical processes to create masonry materials at ambient temperatures, effectively replacing traditional clay and concrete, while significantly reducing energy consumption associated with conventional manufacturing methods. Since its inception in 2012, Biomason has harnessed biotechnology to produce sustainable structural biocement, which is designed to help eliminate 25% of the concrete industry’s global carbon emissions by 2030. Their biocement is already being implemented in various projects across the United States and Europe, and Biomason also offers commercially available bioLITH precast tile products, providing builders with a viable, carbon-free alternative for construction materials.

Ndustrial

Seed Round in 2011
Ndustrial is a developer of an industrial optimization platform tailored for mid-tier manufacturers and energy companies. The company provides analytical engines that enhance production control, promote energy efficiency, and reduce waste. By leveraging a proprietary industrial operating system, Ndustrial integrates existing data, facilitates the deployment of new Industrial Internet of Things assets, and implements model predictive control algorithms. Their cloud-based applications are designed for real-time use in factories and industrial facilities globally, enabling clients to streamline operations, optimize resource usage, and achieve significant reductions in energy costs. Overall, Ndustrial aims to support organizations in becoming more competitive through fiscally responsible and environmentally sustainable practices.
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