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

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 research and development medical device company established in 2019 and headquartered in Pittsburgh, USA. The company specializes in the design and pre-clinical development of innovative medical devices aimed at improving dental bone and soft tissue grafting procedures. Emergence Dental offers products made from metallic magnesium alloys, which safely resorb when implanted in the body. This technology enables oral surgeons and periodontists to reduce both the time and costs associated with dental bone grafting procedures for patients preparing to receive dental implants.

Emergence Dental

Seed Round in 2021
Emergence Dental is a research and development medical device company established in 2019 and headquartered in Pittsburgh, USA. The company specializes in the design and pre-clinical development of innovative medical devices aimed at improving dental bone and soft tissue grafting procedures. Emergence Dental offers products made from metallic magnesium alloys, which safely resorb when implanted in the body. This technology enables oral surgeons and periodontists to reduce both the time and costs associated with dental bone grafting procedures for patients preparing to receive dental implants.

LumiShield

Pre Seed Round in 2015
LumiShield Technologies Inc. specializes in anti-corrosion products tailored for the metal plating industry. Founded in 2014 and headquartered in Pittsburgh, Pennsylvania, the company has introduced Lumidize®, an innovative aluminum oxide coating designed for the $11 billion metal pretreatment market. This coating enhances the adhesion of paints to various metal substrates, significantly improving corrosion resistance. LumiShield's products cater to diverse sectors, including biomedical, automotive, aerospace, infrastructure, electronics, manufacturing, marine, and consumer goods. By leveraging their proprietary chemistry, Lumidize® allows manufacturers to utilize existing capital equipment, streamlining production processes and reducing costs while addressing environmental concerns associated with traditional technologies.

LumiShield

Pre Seed Round in 2015
LumiShield Technologies Inc. specializes in anti-corrosion products tailored for the metal plating industry. Founded in 2014 and headquartered in Pittsburgh, Pennsylvania, the company has introduced Lumidize®, an innovative aluminum oxide coating designed for the $11 billion metal pretreatment market. This coating enhances the adhesion of paints to various metal substrates, significantly improving corrosion resistance. LumiShield's products cater to diverse sectors, including biomedical, automotive, aerospace, infrastructure, electronics, manufacturing, marine, and consumer goods. By leveraging their proprietary chemistry, Lumidize® allows manufacturers to utilize existing capital equipment, streamlining production processes and reducing costs while addressing environmental concerns associated with traditional technologies.

Liquid X

Series A in 2013
Liquid X is a company specializing in the development of innovative metallic inks that enable the printing of functional components for various electronic devices. Their inks, which contain actual metal atoms rather than nanoparticles or metal flakes, offer superior properties such as high conductivity, thin and precise features, and excellent adhesion. This unique formulation allows for low-temperature processing and short production times, making it possible to use a wide range of substrates, including paper, gauze, and flexible plastics. Liquid X collaborates with manufacturers in the electronics industry to create applications such as sensors, heating elements, and smart textiles. The versatility of their inks supports various deposition methods, including inkjet, flexography, and gravure, positioning Liquid X as a key player in the emerging market for advanced electronic materials.

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 refractory materials, including castables, shotcretes, and gun mixes. Established in 2002, the company also provides cement compositions, custom toll blends, and packaged dry mortars tailored for niche applications. Westmoreland Advanced Materials has a focus on developing innovative, energy-efficient, and recyclable refractory products, particularly for the aluminum market, where these solutions significantly enhance customer processes. In addition to materials, the company designs and builds diagnostic testing equipment, materials handling equipment, and other machinery to support various construction and industrial applications.

Westmoreland Advanced Materials

Seed Round in 2011
Westmoreland Advanced Materials, Inc. is a manufacturer based in Charleroi, Pennsylvania, specializing in refractory materials, including castables, shotcretes, and gun mixes. Established in 2002, the company also provides cement compositions, custom toll blends, and packaged dry mortars tailored for niche applications. Westmoreland Advanced Materials has a focus on developing innovative, energy-efficient, and recyclable refractory products, particularly for the aluminum market, where these solutions significantly enhance customer processes. In addition to materials, the company designs and builds diagnostic testing equipment, materials handling equipment, and other machinery to support various construction and industrial applications.
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