Innovation Works

Innovation Works is a venture capital firm based in Pittsburgh, Pennsylvania, established in 1999. With over 20 years of experience, it has become a key player in Southwestern Pennsylvania's technology economy, focusing on investing in high-potential companies that can significantly impact the regional economy. As the largest investor in seed-stage companies in the region, Innovation Works supports a diverse range of sectors, including robotics, artificial intelligence, medical devices, retail technologies, and enterprise software. In addition to financial investment, the firm offers business expertise and resources to help manufacturers adopt new technologies, further fostering innovation and growth within the local economy.

Sophie Burkholder

Investment Associate

Kevin Dowling Ph.D

Managing Director of Robotics Factory and Hardware

Peter Erin

Senior Investment Associate

Aaron Tainter

Director of Accelerator Programs

Steven Welles

Managing Director of Software

Past deals in Metals and Mining

Emergence Dental

Seed Round in 2022
Emergence Dental is a Pittsburgh-based research and development medical device company founded in 2019. It specializes in the design and pre-clinical development of innovative medical devices aimed at improving dental procedures. The company focuses on enhancing the effectiveness of dental bone and soft tissue grafting by offering products made from metallic magnesium alloys that safely resorb when implanted. This technology enables oral surgeons and periodontists to reduce both the time and costs associated with dental bone grafting procedures, particularly for patients preparing for dental implants.

Emergence Dental

Seed Round in 2021
Emergence Dental is a Pittsburgh-based research and development medical device company founded in 2019. It specializes in the design and pre-clinical development of innovative medical devices aimed at improving dental procedures. The company focuses on enhancing the effectiveness of dental bone and soft tissue grafting by offering products made from metallic magnesium alloys that safely resorb when implanted. This technology enables oral surgeons and periodontists to reduce both the time and costs associated with dental bone grafting procedures, particularly for patients preparing for dental implants.

LumiShield

Pre Seed Round in 2015
LumiShield Technologies Inc. is a company based in Pittsburgh, Pennsylvania, that specializes in anti-corrosion products for the metal plating industry. Founded in 2014, LumiShield offers a range of innovative aluminum electroplating technologies, including Lumidize, an aluminum oxide coating designed for the metal pretreatment market. This product enhances the adhesion of paints to various metal substrates and multi-metal components, significantly improving corrosion resistance. LumiShield's solutions are beneficial across multiple sectors, including biomedical, automotive, aerospace, infrastructure, electronics, manufacturing, marine, and consumer goods. The company’s coatings utilize electroplating technology, allowing manufacturers to leverage existing equipment while streamlining their processes and reducing costs. By addressing longstanding environmental concerns associated with traditional methods, LumiShield is positioned to deliver sustainable, cost-effective solutions to its clients.

LumiShield

Pre Seed Round in 2015
LumiShield Technologies Inc. is a company based in Pittsburgh, Pennsylvania, that specializes in anti-corrosion products for the metal plating industry. Founded in 2014, LumiShield offers a range of innovative aluminum electroplating technologies, including Lumidize, an aluminum oxide coating designed for the metal pretreatment market. This product enhances the adhesion of paints to various metal substrates and multi-metal components, significantly improving corrosion resistance. LumiShield's solutions are beneficial across multiple sectors, including biomedical, automotive, aerospace, infrastructure, electronics, manufacturing, marine, and consumer goods. The company’s coatings utilize electroplating technology, allowing manufacturers to leverage existing equipment while streamlining their processes and reducing costs. By addressing longstanding environmental concerns associated with traditional methods, LumiShield is positioned to deliver sustainable, cost-effective solutions to its clients.

Summit Materials

Seed Round in 2011
Summit Materials offers advanced materials and near-net shape manufacturing processes that save companies time and money in demanding industries such as aerospace, medical devices and oil exploration. Our patented SM-100™ alloy is used where corrosion and wear resistance are needed simultaneously. Efficient use of raw materials ensures minimal waste and environmental impact.

Pittsburgh Iron Oxides (PIROX)

Seed Round in 2011
PITTSBURGH IRON OXIDES LLC (“PIROX”) manufactures 98%+ pure synthetic magnetite (SuperMagnetiteTM). SuperMagnetiteTM has a unique combination of magnetic properties (remnance, saturation, and coercivity) which are derived from its purity, particle size (2 to 10 microns), and particle shape. These attributes allow PIROX to compete strongly in some very large markets that include the manufacture nutrients, rust inhibition, pollution control (mercury and sulfur-dioxide removal), and the manufacture of iron phosphate for the food and batteries market.

Westmoreland Advanced Materials

Seed Round in 2011
Westmoreland Advanced Materials, Inc. is a manufacturer based in Charleroi, Pennsylvania, specializing in the development and marketing of refractory materials, including castables, shotcretes, and gun mixes. Founded in 2002, the company provides advanced materials solutions tailored for niche applications, particularly in the aluminum industry, where it has introduced energy-efficient and recyclable products. In addition to refractory materials, Westmoreland Advanced Materials offers a range of cement compositions, custom toll blends, and packaged dry mortars. The company also designs and builds diagnostic testing equipment and materials handling machinery, leveraging cutting-edge technology to enhance the strength and reliability of its construction materials.

Westmoreland Advanced Materials

Seed Round in 2011
Westmoreland Advanced Materials, Inc. is a manufacturer based in Charleroi, Pennsylvania, specializing in the development and marketing of refractory materials, including castables, shotcretes, and gun mixes. Founded in 2002, the company provides advanced materials solutions tailored for niche applications, particularly in the aluminum industry, where it has introduced energy-efficient and recyclable products. In addition to refractory materials, Westmoreland Advanced Materials offers a range of cement compositions, custom toll blends, and packaged dry mortars. The company also designs and builds diagnostic testing equipment and materials handling machinery, leveraging cutting-edge technology to enhance the strength and reliability of its construction materials.
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