MassVentures

MassVentures is a venture capital firm based in Waltham, Massachusetts, established in 1978 as a quasi-public corporation by the Massachusetts Legislature. The firm focuses on providing seed and early-stage funding to high-growth startups, facilitating their transition from concept to commercialization. MassVentures invests primarily in sectors such as information technology, healthcare, cybersecurity, e-commerce, mobile, manufacturing, and robotics. With a governance structure that includes an independent Board of Directors and management by experienced venture capitalists, MassVentures leverages the state's entrepreneurial spirit and innovation centers to support the Massachusetts innovation economy. The firm also offers accelerator programs to further assist emerging companies in their growth journey.

Charles Hipwood

Founder President and CEO

Charlie Hipwood

President and CEO

Vinit Nijhawan

Managing Director

Nicholas A. Pappas

Vice President

Stacy Swider

Vice President, Investments

Priya Yadav

Vice President, Investments

Past deals in Massachussets

Electrified Thermal Solutions

Venture Round in 2024
Electrified Thermal Solutions is a Massachusetts-based company founded in 2021 that focuses on decarbonizing industrial processes by replacing fossil fuels with renewable heat. Originating from research at MIT's Department of Nuclear Science and Engineering, the company has developed innovative energy storage technology that converts intermittent renewable electricity into constant heat. This is achieved through the use of low-cost conductive ceramic blocks, allowing various industrial sectors to utilize zero-carbon heat effectively. By providing a sustainable alternative for furnaces, turbines, boilers, and kilns, Electrified Thermal Solutions aims to drive an energy revolution and significantly reduce carbon emissions in industry.

Electrified Thermal Solutions

Grant in 2024
Electrified Thermal Solutions is a Massachusetts-based company founded in 2021 that focuses on decarbonizing industrial processes by replacing fossil fuels with renewable heat. Originating from research at MIT's Department of Nuclear Science and Engineering, the company has developed innovative energy storage technology that converts intermittent renewable electricity into constant heat. This is achieved through the use of low-cost conductive ceramic blocks, allowing various industrial sectors to utilize zero-carbon heat effectively. By providing a sustainable alternative for furnaces, turbines, boilers, and kilns, Electrified Thermal Solutions aims to drive an energy revolution and significantly reduce carbon emissions in industry.

ActivSignal

Grant in 2024
ActivSignal, established in 2016 and based in Natick, Massachusetts, specializes in biotechnology. The company focuses on developing innovative protein profiling technologies, primarily serving the proteomics research sector. Their tools enable scientists to analyze multiple signaling pathways simultaneously, providing insights into cellular pathway activation or inhibition profiles.

Bloomer Tech

Grant in 2024
Bloomer Tech is a company that designs and manufactures bras embedded with advanced fabric engineering technology to monitor women's cardiovascular health. Founded in 2015 and based in Cambridge, Massachusetts, the company utilizes everyday fabrics and machine learning to collect critical health metrics, including electrocardiograms, pulse rates, respiratory rates, and heart rhythms. By integrating biometric sensors into its products, Bloomer Tech aims to create a reliable data set that enhances understanding of women's heart health and supports personalized healthcare solutions. The company's innovative approach enables real-time access to meaningful health data for users and healthcare professionals, facilitating improved monitoring and treatment of chronic diseases. The founders of Bloomer Tech, Aceil Halaby, Alicia Chong Rodriguez, and Monica Abarca, are committed to addressing global cardiovascular health challenges through their technology.

Theromics

Grant in 2024
Theromics Inc. is a biotechnology company that specializes in developing innovative cell therapies aimed at improving the effectiveness of thermal ablation techniques for cancer treatment. Founded in 2016 and based in West Bridgewater, Massachusetts, the company has created HeatSYNC Gel, a thermal accelerant designed to enhance the transmission of thermal energy during microwave and radiofrequency ablations of soft tissue tumors. This novel biopolymer gel, derived from a naturally occurring protein, is administered through various medical devices such as syringes, laparoscopes, or bronchoscopes. HeatSYNC Gel increases local tissue electrical conductivity, optimizes the shape of the ablation zone, and protects surrounding critical tissues, thereby enabling physicians to achieve more accurate and effective ablation outcomes. Through its advanced thermal management solutions, Theromics addresses significant medical needs in the field of cancer treatment.

Gel4Med

Grant in 2024
Gel4Med LLC is a Boston-based medical technology company founded in 2015, specializing in the development of innovative biomaterials for tissue treatment and regeneration. The company focuses on creating an antimicrobial tissue-scaffolding matrix that addresses the challenge of antibiotic-resistant bacteria while facilitating tissue regeneration. Utilizing bioinspired and engineering approaches, Gel4Med's technology aims to improve patient outcomes in various therapeutic areas, particularly in wound care and tissue regeneration. Their leading asset features a self-assembling peptide technology that acts as both an antibacterial barrier and a promoter of tissue regeneration, enabling patients to prevent infections during surgical procedures.

Stata DX

Series A in 2024
Stata DX, headquartered in Cambridge, Massachusetts, specializes in developing innovative disease management technologies. Their core product is an eRapid platform designed for custom biomarker panels, facilitating at-home patient monitoring during clinical studies. This platform employs a low-cost, affinity-based electrochemical sensing method that can simultaneously detect various biomarkers in complex biological fluids like blood, with high sensitivity and selectivity. Notably, it's particularly useful for liquid MRI scans of the brain.

Western New England University

Grant in 2023
Western New England University, located in Springfield, Massachusetts, is a small institution known for its close-knit academic environment, where students can build meaningful relationships with faculty and peers. The university offers a range of undergraduate and graduate programs, with particular strengths in Pharmacy, Engineering, and Law. Its undergraduate offerings include disciplines from the Arts and Sciences, Business, and Engineering departments, along with a Pre-Pharmacy major that leads to its highly regarded graduate Pharmaceutical Sciences program. The campus life is vibrant, featuring a variety of cultural events and activities, such as music festivals and seasonal celebrations, fostering community engagement. Students can participate in performing arts groups, a school newspaper, and literary publications, in addition to enjoying organized campus gatherings and regional trips. Admission to undergraduate programs requires the submission of standardized applications, while graduate program applicants must meet specific departmental criteria. Scholarships and financial aid options are available, contributing to accessibility for prospective students.

Worcester Polytechnic Institute

Grant in 2023
Worcester Polytechnic Institute (WPI), located in Worcester, Massachusetts, is a prestigious technological university founded in 1865. Renowned for its commitment to project-based learning, WPI emphasizes practical application of theoretical knowledge to address real-world challenges. The university boasts a distinguished faculty and state-of-the-art research facilities, fostering an environment rich in innovation and collaboration. WPI attracts ambitious students eager to engage in hands-on experiences that prepare them to make meaningful contributions to society. With a strong focus on developing skills that are crucial in today’s dynamic landscape, WPI positions itself as a leader in education and research, dedicated to empowering its students and faculty to achieve excellence.

Northeastern University

Grant in 2023
Northeastern University, founded in 1898, is a private, research-intensive university located in Boston, Massachusetts. It offers a wide range of undergraduate and graduate programs, including doctorate degrees, across nine colleges and schools. Additionally, it provides select advanced degrees at graduate campuses in Charlotte, North Carolina, and Seattle. The university is renowned for its experiential learning approach, integrating real-world experience into its academic curriculum.

Southie Autonomy

Grant in 2023
Southie Autonomy is a Boston-based company founded in 2017 that specializes in developing software for industrial robots, allowing them to be easily repurposed and redeployed by individuals without robotics expertise or technical skills. The company's innovative automation system facilitates quick setup and execution of various robotic tasks, such as kitting, palletizing, and simple assembly, increasing the feasibility of automation in diverse industrial applications. By lowering the time, cost, and skill barriers traditionally associated with robotic deployment, Southie Autonomy enables businesses to achieve a faster return on investment and justifies the use of automation in previously impractical scenarios.

AmberGen

Grant in 2023
AmberGen, Inc. is a privately-held company located in the Boston area, founded in 1995 to commercialize innovative photonic technology originally developed at Boston University. The company focuses on advancing therapeutics and diagnostics by addressing critical challenges in medicine. AmberGen utilizes patented techniques in proteomics and light-based control of biomolecules to develop photocleavable linkers and protein engineering reagents. Its offerings include drug discovery services, the development of high-throughput multiplex immunodiagnostic assays, and in-house mass spectrometric imaging services for advanced tissue and array scanning. These capabilities enable medical practitioners to detect diseases at earlier stages, thereby enhancing diagnostic accuracy and improving patient outcomes.

Gel4Med

Grant in 2023
Gel4Med LLC is a Boston-based medical technology company founded in 2015, specializing in the development of innovative biomaterials for tissue treatment and regeneration. The company focuses on creating an antimicrobial tissue-scaffolding matrix that addresses the challenge of antibiotic-resistant bacteria while facilitating tissue regeneration. Utilizing bioinspired and engineering approaches, Gel4Med's technology aims to improve patient outcomes in various therapeutic areas, particularly in wound care and tissue regeneration. Their leading asset features a self-assembling peptide technology that acts as both an antibacterial barrier and a promoter of tissue regeneration, enabling patients to prevent infections during surgical procedures.

Irradiant Technologies

Grant in 2023
Irradiant Technologies, founded in 2020 and based in Cambridge, Massachusetts, specializes in advanced nanofabrication solutions. The company has developed a unique implosion fabrication lithography platform that facilitates the ultrafast three-dimensional assembly of various materials, including conductors, semiconductors, dielectrics, proteins, and DNA. This innovative technology enables the creation of complex geometries with nanoscale precision and gradient control. By providing these capabilities, Irradiant Technologies aims to empower the development of novel photonic and optical components, offering light-based alternatives for applications in telecommunications, computation, and sensing.

ActivSignal

Grant in 2023
ActivSignal, established in 2016 and based in Natick, Massachusetts, specializes in biotechnology. The company focuses on developing innovative protein profiling technologies, primarily serving the proteomics research sector. Their tools enable scientists to analyze multiple signaling pathways simultaneously, providing insights into cellular pathway activation or inhibition profiles.

Z-Polymers

Convertible Note in 2023
Z-Polymers is a clean-tech materials science company based in Lowell, Massachusetts, founded in 2021. The company focuses on developing innovative polymer materials, particularly thin fiber polymers, to address fundamental challenges in mission-critical industries such as 3D printing and the hydrogen economy. By providing mono-filament fiber for various industrial applications, Z-Polymers aims to replace toxic substances and enhance sustainability, contributing to environmental protection and the advancement of cleaner technologies.

Electrified Thermal Solutions

Grant in 2023
Electrified Thermal Solutions is a Massachusetts-based company founded in 2021 that focuses on decarbonizing industrial processes by replacing fossil fuels with renewable heat. Originating from research at MIT's Department of Nuclear Science and Engineering, the company has developed innovative energy storage technology that converts intermittent renewable electricity into constant heat. This is achieved through the use of low-cost conductive ceramic blocks, allowing various industrial sectors to utilize zero-carbon heat effectively. By providing a sustainable alternative for furnaces, turbines, boilers, and kilns, Electrified Thermal Solutions aims to drive an energy revolution and significantly reduce carbon emissions in industry.

University of Massachusetts Amherst

Grant in 2023
The University of Massachusetts Amherst is a public research and land-grant university that offers undergraduate, master's, and doctoral programs. It serves as the flagship campus of the University of Massachusetts system. The university has multiple academic departments and research facilities that support a range of disciplines.

InGel Therapeutics

Pre Seed Round in 2022
InGel Therapeutics is a biotechnology company based in Cambridge, Massachusetts, founded in 2021. The company focuses on developing engineered cell therapies aimed at targeting neuroprotective pathways to address retinal degeneration. Utilizing stem cells and their secretome, InGel Therapeutics aims to provide neuroprotection for blinding diseases such as retinitis pigmentosa and macular degeneration. The company leverages biodegradable polymers to isolate neuroprotective proteins, initially testing these solutions in vitro before advancing to in vivo applications. Through its innovative approach, InGel Therapeutics seeks to enable healthcare professionals to more effectively treat patients suffering from retinal degeneration.

Jetcool

Series A in 2022
Jetcool Technologies Inc., established in 2019 and headquartered in Littleton, Massachusetts, specializes in the research and development of advanced chip cooling solutions. The company offers a range of cooling products, from bare die to system level, and provides customized solutions. Jetcool's innovative microjet cooling modules, developed at MIT Lincoln Laboratory, are designed to efficiently cool high-power electronics in industries such as defense and aerospace, advanced semiconductors, data centers, and electric vehicle power systems. The company's technology, published in several academic papers, uses small jets of fluid to cool components at the chip or device scale, enabling manufacturers to create more durable, energy-efficient products.

Harmony Baby Nutrition

Seed Round in 2022
Harmony is a biotechnology startup that creates human breast milk protein-based infant nutrition designed to help human babies thrive. It is the world’s first dairy-free, allergen-free and environmentally friendly infant nutrition. Harmony Baby Nutrition was established in 2018 and is based in Boston, MA.

AmberGen

Grant in 2022
AmberGen, Inc. is a privately-held company located in the Boston area, founded in 1995 to commercialize innovative photonic technology originally developed at Boston University. The company focuses on advancing therapeutics and diagnostics by addressing critical challenges in medicine. AmberGen utilizes patented techniques in proteomics and light-based control of biomolecules to develop photocleavable linkers and protein engineering reagents. Its offerings include drug discovery services, the development of high-throughput multiplex immunodiagnostic assays, and in-house mass spectrometric imaging services for advanced tissue and array scanning. These capabilities enable medical practitioners to detect diseases at earlier stages, thereby enhancing diagnostic accuracy and improving patient outcomes.

ActivSignal

Grant in 2022
ActivSignal, established in 2016 and based in Natick, Massachusetts, specializes in biotechnology. The company focuses on developing innovative protein profiling technologies, primarily serving the proteomics research sector. Their tools enable scientists to analyze multiple signaling pathways simultaneously, providing insights into cellular pathway activation or inhibition profiles.

Western New England University

Grant in 2022
Western New England University, located in Springfield, Massachusetts, is a small institution known for its close-knit academic environment, where students can build meaningful relationships with faculty and peers. The university offers a range of undergraduate and graduate programs, with particular strengths in Pharmacy, Engineering, and Law. Its undergraduate offerings include disciplines from the Arts and Sciences, Business, and Engineering departments, along with a Pre-Pharmacy major that leads to its highly regarded graduate Pharmaceutical Sciences program. The campus life is vibrant, featuring a variety of cultural events and activities, such as music festivals and seasonal celebrations, fostering community engagement. Students can participate in performing arts groups, a school newspaper, and literary publications, in addition to enjoying organized campus gatherings and regional trips. Admission to undergraduate programs requires the submission of standardized applications, while graduate program applicants must meet specific departmental criteria. Scholarships and financial aid options are available, contributing to accessibility for prospective students.

Worcester Polytechnic Institute

Grant in 2022
Worcester Polytechnic Institute (WPI), located in Worcester, Massachusetts, is a prestigious technological university founded in 1865. Renowned for its commitment to project-based learning, WPI emphasizes practical application of theoretical knowledge to address real-world challenges. The university boasts a distinguished faculty and state-of-the-art research facilities, fostering an environment rich in innovation and collaboration. WPI attracts ambitious students eager to engage in hands-on experiences that prepare them to make meaningful contributions to society. With a strong focus on developing skills that are crucial in today’s dynamic landscape, WPI positions itself as a leader in education and research, dedicated to empowering its students and faculty to achieve excellence.

Silartek

Grant in 2022
SilarTek is a technology company established in 2020 and located in Leominster, Massachusetts. The company specializes in developing innovative solar silicon technology aimed at making solar panels more affordable and accessible to a broader audience. SilarTek's unique approach involves utilizing molten salt electrolysis combined with an advanced molten salt composition, which enables the production of low-cost solar-grade silicon. This technology is designed to benefit both consumers and businesses by providing an efficient solution for solar panel manufacturing.

Paerpay

Seed Round in 2022
Paerpay is a Boston-based company founded in 2017 that specializes in providing contactless payment solutions for merchants across the United States. The company's financial application facilitates a seamless transaction experience by allowing users to scan a code at their table, which can be used to create a new bill or connect to an existing one. This innovative approach enables customers to easily pay, split, tip, and manage their bills without the need to change point-of-sale systems or payment processors. Additionally, the service does not require guests to download any apps, ensuring convenience and efficiency during their dining experience.

Stata DX

Seed Round in 2022
Stata DX, headquartered in Cambridge, Massachusetts, specializes in developing innovative disease management technologies. Their core product is an eRapid platform designed for custom biomarker panels, facilitating at-home patient monitoring during clinical studies. This platform employs a low-cost, affinity-based electrochemical sensing method that can simultaneously detect various biomarkers in complex biological fluids like blood, with high sensitivity and selectivity. Notably, it's particularly useful for liquid MRI scans of the brain.

Tufts University

Grant in 2021
Tufts University is a moderately sized institution that integrates the characteristics of a research university with those of a liberal arts college, fostering an environment of curiosity and creativity. Established with a commitment to student-centered education, Tufts emphasizes the creation and application of knowledge across a diverse range of disciplines. The university offers various programs, including degrees in public health and health informatics through its School of Medicine, and is home to the Tufts Center for the Study of Drug Development, an independent nonprofit organization that enhances the quality and efficiency of pharmaceutical development. Tufts aims to provide transformational experiences for students and faculty in an inclusive and collaborative setting, encouraging innovative thinking and active engagement in addressing complex global challenges.

GenH

Grant in 2021
GenH is a Boston-based company founded in 2017 that specializes in advanced hydroelectric technologies for urban environments. The company focuses on developing modular hydropower systems that enhance and optimize energy generation at non-powered dams and canal heads. By providing resilient and deployable hydropower solutions, GenH enables clients to electrify these sites without the need for significant construction or investment in fixed infrastructure. This innovative approach aims to help clients achieve economic parity with traditional fossil fuel systems, thereby promoting sustainable energy generation while minimizing reliance on subsidies.

Inkbit

Series B in 2021
Inkbit Corporation, founded in 2017 and based in Medford, Massachusetts, specializes in the research, development, and manufacturing of advanced 3D printers. The company has created a next-generation additive manufacturing platform that integrates machine vision and multi-material jetting technologies. By leveraging expertise from MIT-trained scientists and engineers, Inkbit aims to address the challenges of mass-market additive manufacturing. Its innovative approach enables rapid, on-demand production of polymer 3D printed parts, effectively bridging the gap between prototyping and full-scale manufacturing. This capability caters to the needs of industries requiring high precision and speed for complex, multi-material end-use products.

Metalmark Innovations

Grant in 2021
Metalmark Innovations, Inc. focuses on developing and delivering advanced 3D nanostructured coatings designed to treat airborne pollutants and toxins, enhancing indoor air quality. The company offers its innovative materials as additive coatings for various applications, including building materials and vehicle interiors, effectively addressing pollutants such as hydrocarbons, carbon monoxide, ozone, PM2.5, volatile organic compounds, odors, and germs. Its air cleaning technology employs catalytic materials that filter air with nanoscale precision, contributing to solutions for air pollution and climate change challenges. Founded in 2017 and headquartered in Boston, Massachusetts, Metalmark Innovations was previously known as Aircrew Technologies, Inc. before rebranding in January 2019.

Infinite Cooling

Grant in 2021
Infinite Cooling Inc. is a renewable and environmental technology company that specializes in water recovery systems for industrial-scale facilities, particularly power plants. Founded in 2017 and based in Somerville, Massachusetts, the company has developed an innovative technology that utilizes high-voltage electric fields to capture and recycle water that evaporates from cooling towers. This advanced method not only mitigates water scarcity but also significantly reduces water consumption and treatment costs for its clients. By focusing on wastewater management and recycling, Infinite Cooling addresses critical environmental challenges while promoting sustainable practices in industries such as power generation and manufacturing.

PlenOptika

Grant in 2021
PlenOptika, Inc. is a technology company based in Allston, Massachusetts, that specializes in the development of a handheld device called QuickSee, which provides accurate eyeglass prescriptions through precise refractive measurements. Founded in 2014 as a spin-off from the Massachusetts Institute of Technology, the company addresses the significant global issue of low vision affecting over one billion people. QuickSee is designed to facilitate optometry, especially in rural and resource-limited settings, by simplifying the process of vision correction. The device captures the eye's full aberration fingerprint, effectively reducing the costs and physical space required by traditional autorefractors. PlenOptika aims to make eye care accessible to underserved communities worldwide and has received recognition from various social innovation foundations and business competitions for its contributions to healthcare technology.

Realtime Robotics

Grant in 2021
Realtime Robotics, Inc. is a Boston-based company founded in 2016 that specializes in developing motion planning and control technologies for robots and autonomous vehicles. The company offers a collision-free motion planning platform that allows robots to react instantaneously to their surroundings, enabling safe operation in unstructured environments. Their RapidPlan processor integrates advanced software and hardware, allowing for the generation of safe motion plans in milliseconds, effectively eliminating the trade-off between speed and safety in automation. By facilitating seamless interaction with both static and dynamic objects, Realtime Robotics enhances the capabilities of robots in various applications, including industrial automation and autonomous vehicles, thereby promoting broader adoption and integration of robotics technology in everyday operations.

DynamiCare Health

Grant in 2021
DynamiCare Health, Inc. is a Boston-based company that has developed a digital platform aimed at assisting individuals in monitoring and reducing their use of drugs, opioids, alcohol, and tobacco. Founded in 2016, the platform integrates a smartphone application with substance testing hardware and telehealth coaching to motivate users toward achieving healthier behaviors. It employs an evidence-based approach known as Contingency Management, which incentivizes positive actions such as sobriety and treatment attendance through monetary rewards and support from certified recovery coaches. The platform also features a DynamicCare Analytics portal that provides healthcare providers with real-time data on participant progress and alerts them to any potential risks, ensuring a comprehensive support system for individuals seeking recovery.

Boston Engineering

Grant in 2021
Boston Engineering delivers innovative and timely solutions by utilizing its Total System Responsibility™ (TSR) philosophy to meet demanding market needs. Through interdisciplinary teams, best practice strategies and seamless integration with client processes, Boston Engineering offers a complete solution that is both flexible and focused.

Nanoview Biosciences

Grant in 2021
NanoView Biosciences is a medical technology company focused on the detection and characterization of extracellular vesicles, particularly exosomes, through its proprietary ExoView technology. Founded in 2015 and headquartered in Boston, Massachusetts, the company offers a range of products, including the ExoView R100 and ExoView Tetraspanin, as well as related kits and custom assays. NanoView's high-throughput, cost-effective analysis solutions provide life science researchers with critical insights into the biological roles of exosomes, enhancing the understanding of their potential as biomarkers for disease diagnosis, treatment, and monitoring. The company's platform is capable of analyzing nanoparticles from complex biological samples such as whole blood, serum, plasma, and urine, thereby supporting advancements in precision medicine.

Jetcool

Venture Round in 2021
Jetcool Technologies Inc., established in 2019 and headquartered in Littleton, Massachusetts, specializes in the research and development of advanced chip cooling solutions. The company offers a range of cooling products, from bare die to system level, and provides customized solutions. Jetcool's innovative microjet cooling modules, developed at MIT Lincoln Laboratory, are designed to efficiently cool high-power electronics in industries such as defense and aerospace, advanced semiconductors, data centers, and electric vehicle power systems. The company's technology, published in several academic papers, uses small jets of fluid to cool components at the chip or device scale, enabling manufacturers to create more durable, energy-efficient products.

InstantEye Robotics

Grant in 2021
InstantEye Robotics is a division of Physical Sciences Inc., both located in Andover Massachusetts, approximately a half-hour north of Boston. InstantEye Robotics’ tactical, unmanned aerial systems (UAS) are the systems of choice by the military, law enforcement, first responder, and commercial users around the world. Our products are characterized by their affordability, ruggedness, and ease of use. We provide full-spectrum solutions, from initial concepts through to products manufactured in our state-of-the-art production facility.

ClearGov

Seed Round in 2020
ClearGov Inc. is a financial transparency and budgeting platform dedicated to local governments and their residents, primarily serving communities in California, Connecticut, Massachusetts, and New York. Founded in 2015 and headquartered in Maynard, Massachusetts, ClearGov develops a Software-as-a-Service platform that transforms complex financial statements into interactive infographics. Its offerings include modules for financial forecasting, peer-to-peer financial benchmarking, collaborative budgeting, and enhanced public accountability. The platform is designed to streamline the budget process by automating workflows, increasing collaboration, and centralizing data, making it accessible and effective for local governments of all sizes. ClearGov's solutions empower municipalities to compare their spending with similar communities, fostering better decision-making and transparency. The company has gained recognition in the GovTech sector and has been acknowledged for its innovative culture and workplace environment.

Unstack

Series A in 2020
Unstack Inc. is a technology company based in Cambridge, Massachusetts, that specializes in a no-code platform designed for building websites, landing pages, and blogs specifically for SaaS, eCommerce brands, and marketing teams. Established in 2019, Unstack provides a unified marketing solution that enables marketers and entrepreneurs to grow their businesses without requiring technical expertise in coding or design. The platform allows users to create high-performance digital assets that drive traffic, generate leads, and enhance sales, facilitating a seamless approach to online marketing and customer engagement. By focusing on ease of use and collaboration, Unstack aims to empower clients to effectively publish and manage their web presence, thereby supporting their growth initiatives.

Harvard University

Grant in 2020
Harvard University, established in 1636, is a renowned educational institution dedicated to teaching, learning, and research. It comprises twelve degree-granting schools, including the Faculty of Arts and Sciences and the John A. Paulson School of Engineering and Applied Sciences, along with numerous research museums, institutes, and a vast library system. Harvard University is committed to developing global leaders across various disciplines and offers a generous financial aid program, with over $160 million awarded to more than 60% of its undergraduate students. The university's endowment and related financial assets are managed by Harvard Management Company (HMC), founded in 1974, which invests in public equity and fixed income markets globally, as well as private equity, venture capital, and real estate. HMC employs external managers to assist in portfolio management, aiming to produce long-term investment results that support the university's educational and research goals.

Worcester Polytechnic Institute

Grant in 2020
Worcester Polytechnic Institute (WPI), located in Worcester, Massachusetts, is a prestigious technological university founded in 1865. Renowned for its commitment to project-based learning, WPI emphasizes practical application of theoretical knowledge to address real-world challenges. The university boasts a distinguished faculty and state-of-the-art research facilities, fostering an environment rich in innovation and collaboration. WPI attracts ambitious students eager to engage in hands-on experiences that prepare them to make meaningful contributions to society. With a strong focus on developing skills that are crucial in today’s dynamic landscape, WPI positions itself as a leader in education and research, dedicated to empowering its students and faculty to achieve excellence.

Northeastern University

Grant in 2020
Northeastern University, founded in 1898, is a private, research-intensive university located in Boston, Massachusetts. It offers a wide range of undergraduate and graduate programs, including doctorate degrees, across nine colleges and schools. Additionally, it provides select advanced degrees at graduate campuses in Charlotte, North Carolina, and Seattle. The university is renowned for its experiential learning approach, integrating real-world experience into its academic curriculum.

Physical Sciences

Grant in 2020
Physical Sciences Inc., founded in 1973 and headquartered in Andover, Massachusetts, provides contract research and development services across a wide range of technical areas for both government and commercial clients. The company specializes in advanced imaging and sensing technologies, offering products such as adaptive infrared imaging spectroradiometers, compact adaptive optics retinal imagers, and miniature diode laser-based ambient gas sensors. Additionally, Physical Sciences develops and supplies various analytical technology sensors, mass flux monitors, and laser-based detection systems. The company's engineering services include system engineering, instrument testing and calibration, and the development of electrochemical engineering solutions. It serves diverse markets, including aerospace, energy, biomedical, defense, and telecommunications, through direct sales, strategic partnerships, and licensing agreements both domestically and internationally. With satellite offices in California, Maryland, Ohio, and Massachusetts, as well as a subsidiary in New Jersey, Physical Sciences leverages its extensive expertise to address complex challenges in multiple industries.

Boston Engineering

Grant in 2020
Boston Engineering delivers innovative and timely solutions by utilizing its Total System Responsibility™ (TSR) philosophy to meet demanding market needs. Through interdisciplinary teams, best practice strategies and seamless integration with client processes, Boston Engineering offers a complete solution that is both flexible and focused.

Lambent

Seed Round in 2020
Lambent is a Boston-based software company specializing in data-driven solutions for real estate decision-making. Its flagship product, the Lambent Spaces platform, utilizes artificial intelligence to provide insights into occupancy analytics and space utilization trends by tapping into existing data sources, such as Wi-Fi networks. This approach allows real estate professionals in corporate and higher education sectors to optimize the use of their facilities without the need for intrusive and costly sensor installations. By offering actionable intelligence, Lambent enables clients to enhance their workplace planning, scheduling, and maintenance while driving significant cost reductions. The platform assists organizations in anticipating changes and making informed decisions to improve service, operations, staffing, and security.

Labviva

Venture Round in 2020
Labviva, Inc. is a digital marketplace based in Somerville, Massachusetts, that connects researchers with suppliers of life science products, including reagents, chemicals, and instrumentation. Founded in 2015, the company offers a wide range of laboratory supplies such as antibodies, biological kits, buffers, chromatography materials, and laboratory equipment. Labviva's platform is designed to enhance procurement efficiency by providing real-time inventory tracking, AI-driven purchase automation, and insights into lab purchasing trends. This enables clients to manage their supply chains more effectively, preserve contract pricing with preferred vendors, and establish direct partnerships, all while simplifying content management for suppliers.

Spiro.AI

Seed Round in 2020
Spiro Technologies, Inc. is a Boston-based company that develops a relationship management platform designed to assist sales teams across various industries, including construction, finance, manufacturing, professional services, and technology. Founded in 2014, Spiro's platform operates in the background to automate data collection from emails, calls, and texts, eliminating the need for manual data entry. It creates and organizes contacts, prioritizes sales opportunities, and generates intelligent reports to enhance sales performance. Additionally, the platform offers features such as sales suggestions and tools for tracking and managing customer interactions, ultimately enabling businesses to optimize engagement and prevent lost opportunities.

MachineMetrics

Convertible Note in 2020
MachineMetrics Inc. is a company that specializes in developing real-time production monitoring software for various manufacturing sectors, including aerospace, automotive, and medical devices. Founded in 2014 and headquartered in Northampton, Massachusetts, the company offers an automated cloud solution that collects, analyzes, and visualizes machine data. This platform provides manufacturers with real-time dashboards and notifications, enabling them to address production issues promptly and make informed decisions. By simplifying the integration of Internet of Things (IoT) technology on the shop floor, MachineMetrics enhances manufacturing efficiency, reportedly improving performance by over 20% for its clients. The company's focus on delivering deep analytics and predictive insights allows clients to digitize legacy processes and maximize profitability.

Alloy Enterprises

Grant in 2020
Alloy Enterprises Inc., incorporated in 2020 and located in Somerville, Massachusetts, specializes in developing advanced 3D printing technologies aimed at improving conventional manufacturing processes. The company focuses on addressing inefficiencies in the production of aluminum parts through its innovative aluminum additive technology. This technology enables the creation of dense and cost-effective components without the need for expensive and hazardous powders. By offering solutions that overcome traditional manufacturing limitations, Alloy Enterprises seeks to foster innovation and support advancements in lightweight materials and emissions reduction.

Blue Therapeutics

Grant in 2020
Blue Therapeutics, founded in 2015 in Waltham, Massachusetts, is a drug discovery and development company established by Ajay Yekkirala, David Roberson, Michio Painter, and academic founder Phil Portoghese. The company aims to transform decades of academic research into effective therapeutic solutions that address the needs of patients, particularly in the context of the opioid epidemic. Blue Therapeutics focuses on delivering novel therapeutics that improve upon the efficacy and side effect profiles of traditional pain management options. By leveraging a unique receptor-interactomics approach, the company seeks to provide better outcomes for patients suffering from pain and other related conditions.

MSW Power

Grant in 2020
MSW Power Corporation specializes in manufacturing innovative waste management solutions. Founded in 2012 and headquartered in Acton, Massachusetts, the company offers a range of products designed to convert various types of waste, including paper, wood, plastic, agricultural waste, and food, into usable energy in the form of electricity and heat. Key products include the BWEC GEM, an integrated system for waste conversion, and HydroPactor, which reduces the weight of waste by removing moisture. Additionally, MSW Power features a solid waste destruction system that employs mechanical and thermal processes to eliminate moisture from solid waste. The company is committed to providing environmentally beneficial and economically viable solutions that address energy and environmental challenges.

Nanoview Biosciences

Grant in 2020
NanoView Biosciences is a medical technology company focused on the detection and characterization of extracellular vesicles, particularly exosomes, through its proprietary ExoView technology. Founded in 2015 and headquartered in Boston, Massachusetts, the company offers a range of products, including the ExoView R100 and ExoView Tetraspanin, as well as related kits and custom assays. NanoView's high-throughput, cost-effective analysis solutions provide life science researchers with critical insights into the biological roles of exosomes, enhancing the understanding of their potential as biomarkers for disease diagnosis, treatment, and monitoring. The company's platform is capable of analyzing nanoparticles from complex biological samples such as whole blood, serum, plasma, and urine, thereby supporting advancements in precision medicine.

Realtime Robotics

Grant in 2020
Realtime Robotics, Inc. is a Boston-based company founded in 2016 that specializes in developing motion planning and control technologies for robots and autonomous vehicles. The company offers a collision-free motion planning platform that allows robots to react instantaneously to their surroundings, enabling safe operation in unstructured environments. Their RapidPlan processor integrates advanced software and hardware, allowing for the generation of safe motion plans in milliseconds, effectively eliminating the trade-off between speed and safety in automation. By facilitating seamless interaction with both static and dynamic objects, Realtime Robotics enhances the capabilities of robots in various applications, including industrial automation and autonomous vehicles, thereby promoting broader adoption and integration of robotics technology in everyday operations.

PlenOptika

Grant in 2020
PlenOptika, Inc. is a technology company based in Allston, Massachusetts, that specializes in the development of a handheld device called QuickSee, which provides accurate eyeglass prescriptions through precise refractive measurements. Founded in 2014 as a spin-off from the Massachusetts Institute of Technology, the company addresses the significant global issue of low vision affecting over one billion people. QuickSee is designed to facilitate optometry, especially in rural and resource-limited settings, by simplifying the process of vision correction. The device captures the eye's full aberration fingerprint, effectively reducing the costs and physical space required by traditional autorefractors. PlenOptika aims to make eye care accessible to underserved communities worldwide and has received recognition from various social innovation foundations and business competitions for its contributions to healthcare technology.

Physical Sciences

Grant in 2020
Physical Sciences Inc., founded in 1973 and headquartered in Andover, Massachusetts, provides contract research and development services across a wide range of technical areas for both government and commercial clients. The company specializes in advanced imaging and sensing technologies, offering products such as adaptive infrared imaging spectroradiometers, compact adaptive optics retinal imagers, and miniature diode laser-based ambient gas sensors. Additionally, Physical Sciences develops and supplies various analytical technology sensors, mass flux monitors, and laser-based detection systems. The company's engineering services include system engineering, instrument testing and calibration, and the development of electrochemical engineering solutions. It serves diverse markets, including aerospace, energy, biomedical, defense, and telecommunications, through direct sales, strategic partnerships, and licensing agreements both domestically and internationally. With satellite offices in California, Maryland, Ohio, and Massachusetts, as well as a subsidiary in New Jersey, Physical Sciences leverages its extensive expertise to address complex challenges in multiple industries.

Spiro.AI

Seed Round in 2019
Spiro Technologies, Inc. is a Boston-based company that develops a relationship management platform designed to assist sales teams across various industries, including construction, finance, manufacturing, professional services, and technology. Founded in 2014, Spiro's platform operates in the background to automate data collection from emails, calls, and texts, eliminating the need for manual data entry. It creates and organizes contacts, prioritizes sales opportunities, and generates intelligent reports to enhance sales performance. Additionally, the platform offers features such as sales suggestions and tools for tracking and managing customer interactions, ultimately enabling businesses to optimize engagement and prevent lost opportunities.

C-2 Innovations

Grant in 2019
C-2 Innovations designs and builds all-weather amphibious robots for monitoring, sampling, and mapping various sea-floor terrains. It specializes in areas including; product development, low volume production, business development consulting, contract R&D, and 3-D Animation. C-2 Innovation was founded in 2007 and is based in Shrewsbury, Massachusetts, USA.

Labviva

Seed Round in 2019
Labviva, Inc. is a digital marketplace based in Somerville, Massachusetts, that connects researchers with suppliers of life science products, including reagents, chemicals, and instrumentation. Founded in 2015, the company offers a wide range of laboratory supplies such as antibodies, biological kits, buffers, chromatography materials, and laboratory equipment. Labviva's platform is designed to enhance procurement efficiency by providing real-time inventory tracking, AI-driven purchase automation, and insights into lab purchasing trends. This enables clients to manage their supply chains more effectively, preserve contract pricing with preferred vendors, and establish direct partnerships, all while simplifying content management for suppliers.

Inkbit

Series A in 2019
Inkbit Corporation, founded in 2017 and based in Medford, Massachusetts, specializes in the research, development, and manufacturing of advanced 3D printers. The company has created a next-generation additive manufacturing platform that integrates machine vision and multi-material jetting technologies. By leveraging expertise from MIT-trained scientists and engineers, Inkbit aims to address the challenges of mass-market additive manufacturing. Its innovative approach enables rapid, on-demand production of polymer 3D printed parts, effectively bridging the gap between prototyping and full-scale manufacturing. This capability caters to the needs of industries requiring high precision and speed for complex, multi-material end-use products.

MachineMetrics

Series A in 2018
MachineMetrics Inc. is a company that specializes in developing real-time production monitoring software for various manufacturing sectors, including aerospace, automotive, and medical devices. Founded in 2014 and headquartered in Northampton, Massachusetts, the company offers an automated cloud solution that collects, analyzes, and visualizes machine data. This platform provides manufacturers with real-time dashboards and notifications, enabling them to address production issues promptly and make informed decisions. By simplifying the integration of Internet of Things (IoT) technology on the shop floor, MachineMetrics enhances manufacturing efficiency, reportedly improving performance by over 20% for its clients. The company's focus on delivering deep analytics and predictive insights allows clients to digitize legacy processes and maximize profitability.

Lambent

Seed Round in 2018
Lambent is a Boston-based software company specializing in data-driven solutions for real estate decision-making. Its flagship product, the Lambent Spaces platform, utilizes artificial intelligence to provide insights into occupancy analytics and space utilization trends by tapping into existing data sources, such as Wi-Fi networks. This approach allows real estate professionals in corporate and higher education sectors to optimize the use of their facilities without the need for intrusive and costly sensor installations. By offering actionable intelligence, Lambent enables clients to enhance their workplace planning, scheduling, and maintenance while driving significant cost reductions. The platform assists organizations in anticipating changes and making informed decisions to improve service, operations, staffing, and security.

Spiro.AI

Seed Round in 2018
Spiro Technologies, Inc. is a Boston-based company that develops a relationship management platform designed to assist sales teams across various industries, including construction, finance, manufacturing, professional services, and technology. Founded in 2014, Spiro's platform operates in the background to automate data collection from emails, calls, and texts, eliminating the need for manual data entry. It creates and organizes contacts, prioritizes sales opportunities, and generates intelligent reports to enhance sales performance. Additionally, the platform offers features such as sales suggestions and tools for tracking and managing customer interactions, ultimately enabling businesses to optimize engagement and prevent lost opportunities.

Dynamo Micropower

Grant in 2018
Dynamo Micropower Corporation is a technology company focused on developing innovative fuel-flexible gas turbines tailored for small distributed generation in the oil and gas industry. Founded in 2011 and headquartered in Somerville, Massachusetts, the company offers advanced power solutions, including its PowerCore system, which provides reliable, grid-quality power while operating on local unrefined gas. This capability allows customers to significantly reduce energy costs, with savings of up to 80%, and enhances equipment performance by up to 25%. Dynamo also provides custom solutions and a flameless turboheater known as Infernocore, addressing the specific needs of oilfield applications. The company distributes its products through a network of distributors and offers support services via service partners, having established a solid customer base that includes notable clients such as Kinder Morgan and Caterpillar.

Horsepower Technologies

Series A in 2018
Horsepower Technologies Inc. is an animal healthcare company specializing in the manufacture of rehabilitative orthotics for horses. Founded in 2008 and headquartered in Lowell, Massachusetts, the company develops innovative products designed to facilitate the safe recovery of injured horses. Its flagship product, FastTrack, features protective padding for shock absorption and durability, a hard shell cuff for musculoskeletal support, and a mechanism to limit the extension of the fetlock joint. The technology aids in redirecting weight-bearing forces away from healing tendons and ligaments, allowing horses to resume moderate exercise safely and effectively. Horsepower Technologies sells its products online, aiming to enhance recovery outcomes for horses experiencing lameness.

Spero Devices

Grant in 2018
Spero Devices, Inc. is an artificial intelligence company founded in 2015 and headquartered in Acton, Massachusetts. The company specializes in developing CMOS-based nanotechnology co-processors designed for mobile devices, focusing on real-time computation while adhering to mobile power budgets. Spero Devices creates hardware accelerators that enhance computational efficiency and are particularly suited for edge applications involving multi-object detection, tracking, and segmentation. Their innovative technology includes custom high-endurance memory cells tailored to meet specific application requirements. By transforming edge data into actionable insights, Spero Devices enables advanced services such as automated selection of AI training data, thereby expanding the potential of artificial intelligence in mobile contexts.

Fairmarkit

Pre Seed Round in 2018
Fairmarkit, Inc. is a Boston-based company that provides a Software-as-a-Service (SaaS) platform designed for managing tail spend in procurement. Founded in 2017, Fairmarkit's platform leverages automation and machine learning to enhance the efficiency of procurement teams by streamlining the sourcing process for small to medium-sized purchases. It utilizes clients' unstructured tail spend data to deliver actionable insights, enabling organizations to identify risks, benchmark prices, and automate requests for quotations. The platform supports competitive bidding while minimizing manual work, allowing procurement departments to make informed business decisions. Fairmarkit's innovative approach has attracted diverse clients across various industries, positioning it as a leader in the tail spend management sector.

ClearGov

Venture Round in 2018
ClearGov Inc. is a financial transparency and budgeting platform dedicated to local governments and their residents, primarily serving communities in California, Connecticut, Massachusetts, and New York. Founded in 2015 and headquartered in Maynard, Massachusetts, ClearGov develops a Software-as-a-Service platform that transforms complex financial statements into interactive infographics. Its offerings include modules for financial forecasting, peer-to-peer financial benchmarking, collaborative budgeting, and enhanced public accountability. The platform is designed to streamline the budget process by automating workflows, increasing collaboration, and centralizing data, making it accessible and effective for local governments of all sizes. ClearGov's solutions empower municipalities to compare their spending with similar communities, fostering better decision-making and transparency. The company has gained recognition in the GovTech sector and has been acknowledged for its innovative culture and workplace environment.

Metalmark Innovations

Grant in 2018
Metalmark Innovations, Inc. focuses on developing and delivering advanced 3D nanostructured coatings designed to treat airborne pollutants and toxins, enhancing indoor air quality. The company offers its innovative materials as additive coatings for various applications, including building materials and vehicle interiors, effectively addressing pollutants such as hydrocarbons, carbon monoxide, ozone, PM2.5, volatile organic compounds, odors, and germs. Its air cleaning technology employs catalytic materials that filter air with nanoscale precision, contributing to solutions for air pollution and climate change challenges. Founded in 2017 and headquartered in Boston, Massachusetts, Metalmark Innovations was previously known as Aircrew Technologies, Inc. before rebranding in January 2019.

Solchroma

Grant in 2018
Solchroma Technologies, Inc. is a manufacturer of innovative digital display screens designed specifically for advertising applications. Founded in 2015 and headquartered in Somerville, Massachusetts, the company specializes in non-LED displays that utilize sunlight-reflective properties and high-quality color capabilities. Their proprietary technology employs electroactive polymer actuators, functioning as hydraulic pumps, to move colored ink into separate filter chambers, allowing for full-color images using ambient light. This approach enables the creation of low-power, high-performance digital signage that complies with zoning regulations where traditional light-emitting technologies are restricted. Solchroma's products are particularly suited for outdoor advertising and on-premise signage, contributing to the development of smart cities while minimizing light pollution.

Manus Bio

Grant in 2018
Manus Bio Inc. is a biotechnology company that specializes in recreating plant processes in microorganisms to produce natural ingredients through advanced fermentation technology. Founded in 2011 and based in Cambridge, Massachusetts, the company utilizes a combination of metabolic engineering, protein engineering, and systems biology to develop microbes capable of generating a variety of plant-based ingredients. These ingredients have diverse applications, including flavors, fragrances, food ingredients, cosmetics, vitamins, pharmaceuticals, and agricultural chemicals. Manus Bio operates manufacturing facilities in Cambridge and Augusta, Georgia, and has established a strategic partnership with BBGI Public Company Limited. The company was previously known as Manus Biosynthesis, Inc. before changing its name in June 2018.

TelAztec

Grant in 2018
TelAztec is a technology development and transfer company based in Burlington, Massachusetts. The company specializes in the design and production of optical filter microstructures, catering to various applications including liquid crystal displays, infrared sensors, high power lasers, and advanced lithography systems. By providing innovative solutions and customizable facilities, TelAztec enables clients to select the specific technologies that meet their needs, thereby enhancing performance across multiple sectors.

Physical Sciences

Grant in 2018
Physical Sciences Inc., founded in 1973 and headquartered in Andover, Massachusetts, provides contract research and development services across a wide range of technical areas for both government and commercial clients. The company specializes in advanced imaging and sensing technologies, offering products such as adaptive infrared imaging spectroradiometers, compact adaptive optics retinal imagers, and miniature diode laser-based ambient gas sensors. Additionally, Physical Sciences develops and supplies various analytical technology sensors, mass flux monitors, and laser-based detection systems. The company's engineering services include system engineering, instrument testing and calibration, and the development of electrochemical engineering solutions. It serves diverse markets, including aerospace, energy, biomedical, defense, and telecommunications, through direct sales, strategic partnerships, and licensing agreements both domestically and internationally. With satellite offices in California, Maryland, Ohio, and Massachusetts, as well as a subsidiary in New Jersey, Physical Sciences leverages its extensive expertise to address complex challenges in multiple industries.

Horsepower Technologies

Venture Round in 2017
Horsepower Technologies Inc. is an animal healthcare company specializing in the manufacture of rehabilitative orthotics for horses. Founded in 2008 and headquartered in Lowell, Massachusetts, the company develops innovative products designed to facilitate the safe recovery of injured horses. Its flagship product, FastTrack, features protective padding for shock absorption and durability, a hard shell cuff for musculoskeletal support, and a mechanism to limit the extension of the fetlock joint. The technology aids in redirecting weight-bearing forces away from healing tendons and ligaments, allowing horses to resume moderate exercise safely and effectively. Horsepower Technologies sells its products online, aiming to enhance recovery outcomes for horses experiencing lameness.

Spiro.AI

Seed Round in 2017
Spiro Technologies, Inc. is a Boston-based company that develops a relationship management platform designed to assist sales teams across various industries, including construction, finance, manufacturing, professional services, and technology. Founded in 2014, Spiro's platform operates in the background to automate data collection from emails, calls, and texts, eliminating the need for manual data entry. It creates and organizes contacts, prioritizes sales opportunities, and generates intelligent reports to enhance sales performance. Additionally, the platform offers features such as sales suggestions and tools for tracking and managing customer interactions, ultimately enabling businesses to optimize engagement and prevent lost opportunities.

ClearGov

Seed Round in 2017
ClearGov Inc. is a financial transparency and budgeting platform dedicated to local governments and their residents, primarily serving communities in California, Connecticut, Massachusetts, and New York. Founded in 2015 and headquartered in Maynard, Massachusetts, ClearGov develops a Software-as-a-Service platform that transforms complex financial statements into interactive infographics. Its offerings include modules for financial forecasting, peer-to-peer financial benchmarking, collaborative budgeting, and enhanced public accountability. The platform is designed to streamline the budget process by automating workflows, increasing collaboration, and centralizing data, making it accessible and effective for local governments of all sizes. ClearGov's solutions empower municipalities to compare their spending with similar communities, fostering better decision-making and transparency. The company has gained recognition in the GovTech sector and has been acknowledged for its innovative culture and workplace environment.

Infinite Cooling

Grant in 2017
Infinite Cooling Inc. is a renewable and environmental technology company that specializes in water recovery systems for industrial-scale facilities, particularly power plants. Founded in 2017 and based in Somerville, Massachusetts, the company has developed an innovative technology that utilizes high-voltage electric fields to capture and recycle water that evaporates from cooling towers. This advanced method not only mitigates water scarcity but also significantly reduces water consumption and treatment costs for its clients. By focusing on wastewater management and recycling, Infinite Cooling addresses critical environmental challenges while promoting sustainable practices in industries such as power generation and manufacturing.

Massachusetts Materials Technologies

Grant in 2017
Massachusetts Materials Technologies, an MIT spin-off established in 2014 and based in Waltham, Massachusetts, focuses on transforming innovative concepts into commercially viable products in the realms of materials, mechanics, and manufacturing. The company specializes in nondestructive technology for assessing the strength and toughness of materials, particularly for the oil and gas sector. Its advanced instrumentation allows for accurate measurement of the mechanical properties of pipelines without interrupting service or requiring the removal of pipe segments. This capability provides industries with essential insights into the structural integrity of natural gas pipelines, enhancing safety and operational reliability.

Spero Devices

Grant in 2017
Spero Devices, Inc. is an artificial intelligence company founded in 2015 and headquartered in Acton, Massachusetts. The company specializes in developing CMOS-based nanotechnology co-processors designed for mobile devices, focusing on real-time computation while adhering to mobile power budgets. Spero Devices creates hardware accelerators that enhance computational efficiency and are particularly suited for edge applications involving multi-object detection, tracking, and segmentation. Their innovative technology includes custom high-endurance memory cells tailored to meet specific application requirements. By transforming edge data into actionable insights, Spero Devices enables advanced services such as automated selection of AI training data, thereby expanding the potential of artificial intelligence in mobile contexts.

Optodot

Grant in 2017
Optodot Corporation is a Woburn, Massachusetts-based company established in 2000, specializing in the development of nanotechnology-based components for energy storage, conservation, and generation markets. The company is known for its NanoPore separator, which employs a patented coating process to create nanoporous ceramic membranes. Optodot also produces lithium-ion battery separators, secure infrared coated films for security applications, and various window films. Its focus extends to optical communications technologies, including optical switches, modulators, and photo detectors, aimed at enhancing optical transport networks. Additionally, Optodot offers intellectual property and product development services, while pursuing strategic partnerships and licensing opportunities to commercialize its innovations in energy, security, and communications. The company serves a diverse clientele, including start-ups, major corporations, and government agencies such as the Department of Defense and the Department of Energy.

MachineMetrics

Seed Round in 2016
MachineMetrics Inc. is a company that specializes in developing real-time production monitoring software for various manufacturing sectors, including aerospace, automotive, and medical devices. Founded in 2014 and headquartered in Northampton, Massachusetts, the company offers an automated cloud solution that collects, analyzes, and visualizes machine data. This platform provides manufacturers with real-time dashboards and notifications, enabling them to address production issues promptly and make informed decisions. By simplifying the integration of Internet of Things (IoT) technology on the shop floor, MachineMetrics enhances manufacturing efficiency, reportedly improving performance by over 20% for its clients. The company's focus on delivering deep analytics and predictive insights allows clients to digitize legacy processes and maximize profitability.

Applause

Series F in 2016
Applause is a company that specializes in crowd-sourced digital quality testing, helping brands to enhance their digital experiences for customers. Founded in 2007 and based in Framingham, Massachusetts, Applause offers a comprehensive suite of testing and feedback capabilities, leveraging a network of over 300,000 on-demand testers worldwide. This innovative approach addresses the challenges of traditional quality assurance methods, such as offshoring, and significantly improves testing coverage while accelerating time-to-market for various digital platforms, including websites, mobile applications, and connected devices. Leading companies, including Ford, Fox, Google, and Dow Jones, utilize Applause's services to ensure their digital offerings are of the highest quality, ultimately fostering user satisfaction and engagement.

Heila Technologies

Grant in 2016
Heila Technologies, Inc. is a Massachusetts-based company that specializes in the development of a platform designed to integrate and optimize distributed energy resources (DERs) such as solar arrays and batteries. The Heila Platform employs a decentralized optimization system that simplifies the management of these resources, enabling the creation of self-managing microgrids. By transforming individual nodes within the energy system into intelligent agents, the platform facilitates autonomous coordination and optimization of power assets. This approach helps to reduce complexity and costs while enhancing resilience and efficiency in energy operations. Heila Technologies serves a diverse clientele, including partners, utility representatives, developers, energy users, and public officials. Originally founded as Heila Technologies LLC, the company was incorporated in 2015 and has its roots in MIT.

Poly6 Technologies

Grant in 2016
Poly6 Technologies, Inc. is a Boston-based company that specializes in digital manufacturing solutions for the biotechnology, aerospace, and electronics industries. Established in 2016 and emerging from MIT's Langer Lab, Poly6 develops innovative stimuli-responsive materials systems that facilitate the integration of hardware, software, and materials within existing production processes. Utilizing advanced 3D printing technology, the company focuses on creating intelligent materials that enhance engineering design capabilities and improve system efficiency. Poly6's solutions allow for the production of complex components with better tolerance control, significantly reducing costs in established manufacturing sectors by up to 30%. Additionally, the company is committed to environmental sustainability, having developed a novel bioplastic from citrus waste, which aims to mitigate pollution in manufacturing practices.

Via Separations

Grant in 2016
Via Separations, Inc. is a company that specializes in developing membrane-based products for the separation of industrial liquids, aimed at enhancing efficiency in challenging industrial environments. Founded in 2016 and based in Somerville, Massachusetts, the company focuses on industrial decarbonization through innovative chemistries that significantly reduce energy consumption in manufacturing processes. Via's technology allows facilities to cut energy usage by 90% during chemical separation, replacing traditional heat-based methods with a highly selective and robust membrane filtration system. This advancement not only helps to minimize the environmental impact of industrial processes, but it also creates additional revenue opportunities for customers. Currently, Via is conducting pilot trials at pulp and paper facilities with the goal of eliminating 100 million metric tons of CO2 emissions by 2050. The company has successfully scaled its technology and demonstrated working prototypes at a commercial level, having emerged from MIT's Department of Material Science & Engineering.

Board on Track

Convertible Note in 2016
BoardOnTrack provides expertise, training, powerful, web-based tools, and a membership community to the foot soldiers in the battle to improve our nation's public school system. The charter school is a multi-million dollar public enterprise. Running it with a group of volunteers is a daunting task. BoardOnTrack helps in leveraging the efforts of volunteer board members into real results: academic excellence and organizational sustainability. It was founded in 2010 and is headquartered in Concord, Massachusetts.

Modular Genetics

Grant in 2016
Modular Genetics, Inc. is a biotechnology company based in Woburn, Massachusetts, founded in 2000. The company specializes in designing and developing engineered microorganisms that synthesize chemicals from renewable raw materials, such as sugar. By utilizing a proprietary automated gene engineering system, Modular Genetics focuses on sustainable chemistry, enabling industries to accelerate product development, reduce costs, and facilitate the simultaneous creation of multiple products.

Grapevine Logic

Pre Seed Round in 2015
Grapevine Logic, Inc. is an influencer marketing platform that connects brands and agencies with YouTube content creators for effective promotional campaigns. Established in 2011 and headquartered in Boston, Massachusetts, the company facilitates direct links between creators and pre-qualified brands seeking sponsorships. Grapevine Logic offers a comprehensive booking and analytics platform, allowing marketers to collaborate with creators, track campaign performance, and monitor various metrics such as sales and engagement. Additionally, the platform includes a dashboard where brands and agencies can submit creative briefs and receive pitches from creators interested in promoting their products or services. With a network of over 177,000 creators generating more than 6 billion monthly views, Grapevine Logic serves as a vital resource for brands looking to leverage influencer marketing. The company previously operated under the name Moving Metrics, Inc., and is currently a subsidiary of Seven Stars Cloud Group, Inc.

Boston Engineering

Grant in 2015
Boston Engineering delivers innovative and timely solutions by utilizing its Total System Responsibility™ (TSR) philosophy to meet demanding market needs. Through interdisciplinary teams, best practice strategies and seamless integration with client processes, Boston Engineering offers a complete solution that is both flexible and focused.

Kuva Systems

Grant in 2015
Kuva Systems is a company based in Cambridge, Massachusetts, founded in 2015, that specializes in industrial IoT solutions for monitoring emissions. The company has developed an advanced infrared imaging system that automatically detects and quantifies methane and volatile organic compound (VOC) emissions. This system captures emission events in both day and night modes and provides operators with annotated video clips of leaks for clear visibility. The technology enables real-time data transfer to the cloud, allowing oil and gas companies to efficiently monitor their assets and manage emissions more effectively.

Evaptainers

Grant in 2015
Evaptainers, LLC, founded in 2014 and based in Somerville, Massachusetts, specializes in manufacturing mobile refrigeration units that operate without electricity. Originating from a project at the Massachusetts Institute of Technology aimed at addressing global challenges, the company has developed innovative refrigeration solutions utilizing evaporative cooling technology. This approach leverages natural climatic air and evaporation to preserve perishable produce, significantly extending its shelf life by three to four times compared to traditional methods. Evaptainers' modular units are designed for agricultural use, allowing farmers, particularly in developing countries, to maintain the freshness of their products until they reach consumers. The company employs state-of-the-art materials and modern design principles to create efficient, durable, and mass-producible refrigeration systems. With patent-pending innovations, Evaptainers offers a unique solution in the market, effectively addressing the needs of food preservation without relying on electricity.

Ginkgo Bioworks

Series B in 2015
Ginkgo Bioworks is a biotechnology firm based in Boston, Massachusetts, that specializes in designing, engineering, and developing custom microbes and organisms for various applications. Founded in 2008, the company focuses on discovering and licensing molecules used in flavors, sweeteners, cosmetic ingredients, crop treatments, and pharmaceuticals. In addition to these capabilities, Ginkgo Bioworks provides probiotic bacteria that help protect against infections and creates extensive libraries of molecules. The firm operates across multiple markets, including cultured ingredients, carbon mitigation, probiotics, and natural product discovery. It has reorganized its operations into two primary segments: Cell Engineering and Biosecurity, with a significant portion of its revenue generated from biosecurity-related data analytics and services.

Jebbit

Venture Round in 2015
Jebbit, Inc. is a Boston-based company that specializes in providing interactive mobile solutions for marketers and digital sales teams. Founded in 2011, Jebbit operates a declared data platform that allows brands to create personalized mobile experiences aimed at capturing essential consumer data. By enabling the development of engaging content such as quizzes, lookbooks, and virtual tours, Jebbit helps enterprises gather insights into consumer intentions, motivations, and preferences, moving away from reliance on inaccurate third-party data. The company serves various industries, including travel, e-commerce, and sports, with notable clients like Cathay Pacific Airways and LifeLock. Jebbit's innovative approach to mobile marketing has earned it recognition, including being named one of the Top 25 Most Promising Companies by CNBC and receiving accolades for its tech culture.

Barrett Technology

Grant in 2015
Barrett Technology, LLC, established in 1990 and located in Newton, Massachusetts, specializes in the design and manufacture of advanced robotic manipulators. The company has pioneered technology that enhances flexibility in articulated arms and hands, positioning itself as a leader in this field. Renowned for its innovative solutions, Barrett Technology earned recognition in the Guinness Book of World Records for its advanced manipulator technology. The company offers a high degree of versatility, catering to a wide range of applications across various industries.

Erbi Biosystems

Grant in 2015
Erbi Biosystems, Inc. is a company specializing in the development of microbioreactor technology solutions aimed at automating the study of microorganisms. Founded in 2006 and based in Woburn, Massachusetts, Erbi Biosystems offers a range of products including microbioreactor devices, disposable fluid sources, control modules, and system software. These systems are designed to miniaturize and automate complex cell culture processes, facilitating research in areas such as bioprocess characterization and process optimization. By standardizing and simplifying cell culture, Erbi's technology seeks to reduce variability in experiments, thereby enhancing the reliability of research outcomes in diverse applications, including cancer immunotherapies. The company previously operated under the name Pharyx, Inc. before rebranding in January 2019.

Dynamo Micropower

Grant in 2015
Dynamo Micropower Corporation is a technology company focused on developing innovative fuel-flexible gas turbines tailored for small distributed generation in the oil and gas industry. Founded in 2011 and headquartered in Somerville, Massachusetts, the company offers advanced power solutions, including its PowerCore system, which provides reliable, grid-quality power while operating on local unrefined gas. This capability allows customers to significantly reduce energy costs, with savings of up to 80%, and enhances equipment performance by up to 25%. Dynamo also provides custom solutions and a flameless turboheater known as Infernocore, addressing the specific needs of oilfield applications. The company distributes its products through a network of distributors and offers support services via service partners, having established a solid customer base that includes notable clients such as Kinder Morgan and Caterpillar.

Tank Utility

Grant in 2015
Tank Utility, Inc. is a Boston-based company, founded in 2014, that specializes in software solutions for the fuel and energy sector. The company designs smart metering devices that utilize wireless sensors to provide real-time tank-level data. Its primary product is a propane monitoring system that combines these sensors with cloud-based applications for efficient business operations. By leveraging innovative business intelligence software, Tank Utility enables fuel distribution companies to minimize unnecessary delivery miles and optimize logistics, thus enhancing customer satisfaction through increased transparency. Additionally, the company offers installation and support services, helping clients improve service efficiency and boost retention rates.

Board on Track

Seed Round in 2015
BoardOnTrack provides expertise, training, powerful, web-based tools, and a membership community to the foot soldiers in the battle to improve our nation's public school system. The charter school is a multi-million dollar public enterprise. Running it with a group of volunteers is a daunting task. BoardOnTrack helps in leveraging the efforts of volunteer board members into real results: academic excellence and organizational sustainability. It was founded in 2010 and is headquartered in Concord, Massachusetts.
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