Connecticut Innovations

Connecticut Innovations, founded in 1989 and based in New Haven, Connecticut, is a venture capital investment firm focused on high-tech industries, including energy, biotechnology, information technology, and photonics. The firm provides strategic capital and operational insight to companies at various stages of development, from seed to later stages. Its investment strategy encompasses a wide range of sectors, such as SaaS, manufacturing, life sciences, clean tech, oncology, cybersecurity, infrastructure, big data, e-commerce, and other technology-based fields. Connecticut Innovations aims to be the primary source of financing and support for innovative companies in Connecticut, offering flexible financing solutions, strategic guidance, and valuable connections to help businesses succeed and grow.

Matthew J. Archuleta

Senior Associate, Investments

Matthew Bloom

Director of Investments

Ryan Dings

Venture Partner

Brian Dowd

Director, Investments

Konstantine Drakonakis

Managing Venture Partner

Drew D’Alelio

Senior Associate, Investments

Cyndi Green

Venture Partner

Peter V. Longo

Senior Managing Director

Jordan Lue

Analyst, Investments

Patrick O'Neill

Managing Director, Venture Capital Investments

Malik D. Okoro

Senior Associate, Investments

Matt Panicali

Associate, Investments

Danny Qiao

Associate, Investments

Antonio Roberto

Managing Director, Strategic Investments

Douglas Roth

Managing Director

Philip Siuta

COO and CFO

Anil Vasagir

Director of Investments

Renee Wasko

Associate, Investments

Past deals in Fuel Cell

Nimbus Power Systems

Pre Seed Round in 2024
Nimbus Power Systems focuses on creating a cleaner environment by designing and integrating zero-emission fuel cell systems specifically for heavy-duty markets. The company specializes in advanced cell technology, offering one-to-one replacements for diesel engines. Its innovative architecture enhances fuel cell performance and eliminates the need for a DC/DC converter. This enables clients to utilize hydrogen fuel cells that do not emit harmful pollutants, contributing to a sustainable energy future.
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