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.
Electrified Thermal Solutions is a company focused on decarbonizing industrial processes by replacing fossil fuels with renewable heat. Founded in 2021 and based in Medford, Massachusetts, the company originated from research conducted at MIT's Department of Nuclear Science and Engineering. Its innovative approach involves developing energy storage technology that converts intermittent renewable electricity into constant heat using low-cost conductive ceramic blocks. This technology enables various industrial sectors to utilize zero-carbon heat, contributing to a significant reduction in energy consumption's carbon footprint. Through its efforts, Electrified Thermal Solutions aims to facilitate an energy revolution that promotes sustainability in industrial applications.
Theromics
Grant in 2024
Theromics Inc. is a biotechnology company focused on developing innovative cell therapies, particularly in the field of thermal ablation for cancer treatment. Founded in 2016 and based in West Bridgewater, Massachusetts, the company has created HeatSYNC Gel, a biopolymer thermal accelerant designed to enhance the effectiveness of microwave and radiofrequency ablation procedures. This gel improves the delivery and absorption of thermal energy in soft tissue and bone, optimizing the ablation zone's shape and volume. By increasing local tissue electrical conductivity, HeatSYNC Gel helps to prevent heat loss due to blood flow, allowing for more precise targeting of tumors and protecting surrounding healthy tissue. The gel can be administered through various methods, including syringe, laparoscope, and bronchoscope, and is intended to improve the overall efficacy of thermal ablation therapies while enabling personalized treatment approaches.
Bloomer Tech
Grant in 2024
Bloomer Tech, founded in 2015 and based in Cambridge, Massachusetts, is focused on enhancing women's health through innovative technology embedded in everyday clothing, specifically bras. The company develops fabric engineering technology that integrates biometric sensors to monitor vital health metrics, including electrocardiograms, pulse rates, respiratory rates, and heart rhythms. By leveraging machine learning and ordinary fabrics, Bloomer Tech creates a platform for personalized detection, monitoring, and treatment of chronic diseases, particularly those related to cardiovascular health. The collected data is analyzed and made accessible to users, healthcare providers, and medical professionals, fostering real-time healthcare solutions. Through its efforts, Bloomer Tech aims to build a comprehensive dataset on women’s heart health and contribute to addressing global cardiovascular health challenges.
Electrified Thermal Solutions
Grant in 2024
Electrified Thermal Solutions is a company focused on decarbonizing industrial processes by replacing fossil fuels with renewable heat. Founded in 2021 and based in Medford, Massachusetts, the company originated from research conducted at MIT's Department of Nuclear Science and Engineering. Its innovative approach involves developing energy storage technology that converts intermittent renewable electricity into constant heat using low-cost conductive ceramic blocks. This technology enables various industrial sectors to utilize zero-carbon heat, contributing to a significant reduction in energy consumption's carbon footprint. Through its efforts, Electrified Thermal Solutions aims to facilitate an energy revolution that promotes sustainability in industrial applications.
Gel4Med
Grant in 2024
Gel4Med LLC is a Boston-based medical technology company established in 2015, specializing in the development of innovative biomaterials for tissue treatment and regeneration. The company focuses on creating an antimicrobial tissue-scaffolding matrix designed to eliminate antibiotic-resistant bacteria while promoting tissue regeneration. By utilizing bioinspired and engineered materials, Gel4Med aims to address significant healthcare challenges, particularly in wound care. Their leading technology employs a self-assembling peptide mechanism that acts as both an antibacterial barrier and a promoter of tissue regeneration, thus enhancing patient outcomes and preventing infections during surgical procedures.
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.
Stata DX
Series A in 2024
Stata DX is a company based in Cambridge, Massachusetts, specializing in disease management technology. It has developed an innovative eRapid platform that facilitates at-home patient monitoring through custom biomarker panels for clinical studies. This platform employs a low-cost, affinity-based electrochemical sensing method capable of detecting a wide array of biomarkers in complex biological fluids, particularly liquid MRI for the brain. The technology allows for high sensitivity and selectivity, enabling researchers to gather real-time information about the composition of biological systems using just a single drop of blood.
Western New England University
Grant in 2023
Western New England University, established in 1919, is a private, non-profit institution located in Springfield, Massachusetts. It offers a range of undergraduate and graduate programs, with notable strengths in Pharmacy and Engineering. The university is known for its small size, fostering a close-knit community where students can build relationships with professors and peers. It provides a comprehensive academic experience, with departments in Arts and Sciences, Business, and Engineering, along with a Pre-Pharmacy major leading to a graduate Pharmaceutical Sciences program. Additionally, it offers graduate degrees in Law, Engineering, and Business. The university enriches student life through various on-campus events, performing arts groups, and literary publications, as well as social activities and field trips. Admission requirements vary by program, and financial aid options are available to support tuition costs.
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.
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 robot software allowing industrial robots to be easily re-purposed and re-deployed by individuals without robotics expertise or technical skills. The company's automation system facilitates quick setup and execution of new robotic tasks, making it feasible for businesses to justify the use of automation in a wider range of applications, such as kitting, palletizing, and simple assembly. By lowering the time, cost, and skill barriers associated with robotic automation, Southie Autonomy aims to help businesses achieve a faster return on investment.
Gel4Med
Grant in 2023
Gel4Med LLC is a Boston-based medical technology company established in 2015, specializing in the development of innovative biomaterials for tissue treatment and regeneration. The company focuses on creating an antimicrobial tissue-scaffolding matrix designed to eliminate antibiotic-resistant bacteria while promoting tissue regeneration. By utilizing bioinspired and engineered materials, Gel4Med aims to address significant healthcare challenges, particularly in wound care. Their leading technology employs a self-assembling peptide mechanism that acts as both an antibacterial barrier and a promoter of tissue regeneration, thus enhancing patient outcomes and preventing infections during surgical procedures.
Irradiant Technologies
Grant in 2023
Irradiant Technologies, founded in 2020 and based in Cambridge, Massachusetts, specializes in advanced nanofabrication utilizing implosion fabrication lithography. The company focuses on developing a platform that facilitates the ultrafast three-dimensional assembly of mixed materials, such as conductors, semiconductors, dielectrics, proteins, and DNA, with nanoscale precision and gradient control. This innovative approach enables the creation of novel photonic and optical components, providing light-based alternatives for applications in telecommunications, computation, and sensing.
AmberGen
Grant in 2023
AmberGen, Inc. is a privately-held company based in the Boston area, established in 1995 to commercialize innovative photonic technology originally developed at Boston University. The company focuses on advancing therapeutics and diagnostics by addressing significant challenges in medicine. AmberGen employs patented techniques in proteomics and utilizes light-based control of biomolecules to create photocleavable linkers and protein engineering reagents. Its services encompass drug discovery, the development of high-throughput multiplex immuno-diagnostic assays, and mass spectrometric imaging for advanced tissue and array scanning. These innovations enable medical practitioners to detect diseases at earlier stages, thereby enhancing diagnostic capabilities and improving patient outcomes.
Z-Polymers
Convertible Note in 2023
Z-Polymers is a clean-tech materials science company based in Lowell, Massachusetts, founded in 2021. It focuses on developing innovative polymer materials, particularly thin fiber polymers, to address fundamental challenges in mission-critical industries. The company's applications span areas such as 3D printing and the hydrogen economy, where it strives to enhance sustainability and environmental safety by replacing toxic substances with eco-friendly alternatives. Through its advanced polymer science, Z-Polymers aims to contribute to the development of sustainable solutions that support various industrial needs.
Electrified Thermal Solutions
Grant in 2023
Electrified Thermal Solutions is a company focused on decarbonizing industrial processes by replacing fossil fuels with renewable heat. Founded in 2021 and based in Medford, Massachusetts, the company originated from research conducted at MIT's Department of Nuclear Science and Engineering. Its innovative approach involves developing energy storage technology that converts intermittent renewable electricity into constant heat using low-cost conductive ceramic blocks. This technology enables various industrial sectors to utilize zero-carbon heat, contributing to a significant reduction in energy consumption's carbon footprint. Through its efforts, Electrified Thermal Solutions aims to facilitate an energy revolution that promotes sustainability in industrial applications.
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 Cambridge, Massachusetts-based company founded in 2021 that focuses on developing stem cell therapeutics and biodegradable polymers. The company specializes in engineered cell therapy aimed at addressing neuroprotective pathways to treat retinal degeneration. By utilizing stem cells and their secretome, InGel Therapeutics seeks to provide neuroprotection for blinding diseases such as retinitis pigmentosa and macular degeneration. Their innovative approach involves using biodegradable polymers to isolate proteins of neuroprotective significance, first in vitro and subsequently in vivo, thereby enabling healthcare professionals to 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 cooling solutions for high-power electronics. The company's core product, microjet cooling modules, is designed to efficiently cool components at the chip or device level, serving industries such as defense and aerospace, advanced semiconductors, data centers, and electric vehicle power systems. Jetcool's technology, developed at MIT Lincoln Laboratory, offers customized and stock products, targeting long-lasting, low-heat, and power-efficient devices.
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 based in the Boston area, established in 1995 to commercialize innovative photonic technology originally developed at Boston University. The company focuses on advancing therapeutics and diagnostics by addressing significant challenges in medicine. AmberGen employs patented techniques in proteomics and utilizes light-based control of biomolecules to create photocleavable linkers and protein engineering reagents. Its services encompass drug discovery, the development of high-throughput multiplex immuno-diagnostic assays, and mass spectrometric imaging for advanced tissue and array scanning. These innovations enable medical practitioners to detect diseases at earlier stages, thereby enhancing diagnostic capabilities 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.
Silartek
Grant in 2022
SilarTek, founded in 2020 and based in Leominster, Massachusetts, focuses on developing innovative solar silicon technology to enhance the affordability of solar panels. The company employs molten salt electrolysis combined with advanced molten salt compositions to produce low-cost solar-grade silicon. This technology aims to make solar energy more accessible to a broader consumer base, facilitating the adoption of renewable energy solutions.
Western New England University
Grant in 2022
Western New England University, established in 1919, is a private, non-profit institution located in Springfield, Massachusetts. It offers a range of undergraduate and graduate programs, with notable strengths in Pharmacy and Engineering. The university is known for its small size, fostering a close-knit community where students can build relationships with professors and peers. It provides a comprehensive academic experience, with departments in Arts and Sciences, Business, and Engineering, along with a Pre-Pharmacy major leading to a graduate Pharmaceutical Sciences program. Additionally, it offers graduate degrees in Law, Engineering, and Business. The university enriches student life through various on-campus events, performing arts groups, and literary publications, as well as social activities and field trips. Admission requirements vary by program, and financial aid options are available to support tuition costs.
University of Massachusetts, Dartmouth
Grant in 2022
The University of Massachusetts (UMass) Dartmouth is known for its rigorous academic programs, especially in the areas of engineering, law, marine science, and Portuguese studies.
Paerpay
Seed Round in 2022
Paerpay is a Boston-based company founded in 2017 that provides a contactless payment solution for merchants across the United States. The company offers an application that allows users to scan a code at their table to create a new bill or connect to an existing one, facilitating payments, splitting costs, tipping, and managing bills seamlessly. This service eliminates the need for merchants to change their point-of-sale systems or payment processors, and it does not require customers to download any additional applications. Paerpay aims to enhance the dining experience by providing a simple and efficient way for patrons to handle their transactions.
Stata DX
Seed Round in 2022
Stata DX is a company based in Cambridge, Massachusetts, specializing in disease management technology. It has developed an innovative eRapid platform that facilitates at-home patient monitoring through custom biomarker panels for clinical studies. This platform employs a low-cost, affinity-based electrochemical sensing method capable of detecting a wide array of biomarkers in complex biological fluids, particularly liquid MRI for the brain. The technology allows for high sensitivity and selectivity, enabling researchers to gather real-time information about the composition of biological systems using just a single drop of blood.
GenH
Grant in 2021
GenH is a Boston-based company established in 2017 that specializes in advanced hydroelectric technology. The firm focuses on developing resilient hydropower systems that can be deployed in urban environments. By offering a modular hydropower solution, GenH aims to optimize and streamline energy generation processes at non-powered dams and canal heads. This innovative approach allows for the electrification of these sites without the need for significant construction or investment in fixed infrastructure. As a result, clients can achieve economic parity with traditional fossil fuel systems, facilitating a transition towards more sustainable energy sources.
Inkbit
Series B in 2021
Inkbit Corporation, founded in 2017 and based in Medford, Massachusetts, specializes in the research, development, and manufacturing of 3D printers. The company has developed an advanced additive manufacturing platform that integrates 3D printing with machine vision technology, allowing for the rapid production of polymer parts. By employing machine learning and artificial intelligence, Inkbit delivers a multi-material jetting platform that meets the speed and precision required for demanding industrial applications. The expertise of its team, comprised of MIT-trained scientists and engineers, spans industrial systems, design software, and material science, enabling Inkbit to bridge the gap between prototyping and large-scale manufacturing. This innovation facilitates the on-demand production of both multi-material and end-use products, positioning Inkbit as a leader in the mass-market additive manufacturing sector.
Realtime Robotics
Grant in 2021
Realtime Robotics, Inc. is focused on developing advanced motion planning and control processors that enable robots and autonomous vehicles to react instantaneously to their surroundings. Founded in 2016 and based in Boston, Massachusetts, the company offers a collision-free motion planning platform that allows for safe operation of single or multiple robots in unstructured environments. Their specialized RapidPlan processor generates safe motion plans in microseconds, effectively eliminating the trade-off between speed and safety in automation. This innovative technology accommodates real-time changes in dynamic environments, enabling robots to navigate around both known static objects and other moving entities while performing various tasks. By addressing the limitations of traditional automation, Realtime Robotics is broadening the applications of robotics across industries and facilitating the adoption of autonomous vehicles.
DynamiCare Health
Grant in 2021
DynamiCare Health, Inc. is a Boston-based company that offers a digital platform aimed at helping individuals reduce their use of drugs, alcohol, and tobacco. Founded in 2016, the platform integrates a smartphone application with substance testing hardware and a telehealth support system. It employs automated Contingency Management, an evidence-based approach shown to be effective in numerous clinical trials, to motivate users through positive reinforcement. Members can earn monetary rewards for maintaining sobriety, attending treatment, and completing self-guided therapy modules. The platform also features a DynamicCare Analytics portal, allowing healthcare providers to monitor participants' progress and receive real-time alerts regarding their risk levels. By combining technology with personalized support, DynamiCare Health seeks to guide individuals toward achieving healthier lifestyles.
Infinite Cooling
Grant in 2021
Infinite Cooling Inc. specializes in water recovery systems designed for power plants and other industrial facilities. Founded in 2017 and based in Massachusetts, the company focuses on mitigating water scarcity by employing innovative technology that utilizes high-voltage electric fields to capture and recycle water evaporating from cooling towers. This approach allows power plants, data centers, and factories to significantly reduce water consumption and treatment costs, thereby promoting more sustainable operations. Through its efforts in wastewater management and recycling, Infinite Cooling aims to address environmental challenges related to water waste in industrial processes.
PlenOptika
Grant in 2021
PlenOptika, Inc. is a Massachusetts-based company that develops innovative optical technology to improve access to eye care. Founded in 2014 as a spin-off from the Massachusetts Institute of Technology and the Madrid–MIT M+Visión Consortium, PlenOptika focuses on creating solutions for the over one billion people worldwide affected by low vision. Their flagship product, QuickSee, is a handheld device that accurately measures refractive errors in the eye at the push of a button, facilitating the determination of eyeglass prescriptions. This technology is particularly beneficial in rural and low-resource settings, addressing the challenges of traditional autorefractors, which are often costly and cumbersome. PlenOptika's mission is to make eye care accessible and straightforward for everyone, especially underserved communities. The company has received recognition from various international social innovation foundations and has partnered with research institutions in the United States, Spain, and India to advance its groundbreaking technology.
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 biotechnology company that specializes in the development of technologies for the characterization of extracellular vesicles, particularly exosomes. Founded in 2015 and based in Boston, Massachusetts, the company utilizes its proprietary ExoView technology to provide high-throughput and cost-effective analysis solutions for life science researchers. NanoView's products, which include the ExoView R100 and ExoView tetraspanin, enable precise detection and multiparametric characterization of exosomes from complex biological samples such as blood, serum, plasma, and urine. In addition to its core products, the company offers custom assays, sample services, and a support platform to aid researchers in understanding the biological roles of exosomes and utilizing them as biomarkers for disease diagnosis, treatment, and monitoring.
Metalmark Innovations
Grant in 2021
Metalmark Innovations, Inc. develops advanced 3D nanostructured coatings designed to treat airborne pollutants and toxins, thereby enhancing indoor air quality. The company offers its innovative materials as coating additives for various applications, including building materials and vehicle interiors. Its technology effectively targets and breaks down harmful substances such as hydrocarbons, carbon monoxide, ozone, PM2.5, volatile organic compounds, odors, and germs in diverse transportation settings, including airplanes, ships, trains, cars, and buses. Founded in 2017 and based in Boston, Massachusetts, Metalmark Innovations aims to address the pressing challenges of air pollution and climate change through its cutting-edge air cleaning solutions. The company was previously known as Aircrew Technologies, Inc. before rebranding in January 2019.
Jetcool
Venture Round in 2021
Jetcool Technologies Inc., established in 2019 and headquartered in Littleton, Massachusetts, specializes in the research and development of advanced cooling solutions for high-power electronics. The company's core product, microjet cooling modules, is designed to efficiently cool components at the chip or device level, serving industries such as defense and aerospace, advanced semiconductors, data centers, and electric vehicle power systems. Jetcool's technology, developed at MIT Lincoln Laboratory, offers customized and stock products, targeting long-lasting, low-heat, and power-efficient devices.
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 company based in Cambridge, Massachusetts, that specializes in developing a no-code marketing platform tailored for SaaS businesses. Founded in 2019, Unstack enables marketers and entrepreneurs to create and manage websites, landing pages, and blogs without the need for coding skills or design expertise. The platform is designed to facilitate business growth for startups and marketing teams by providing a unified framework that enhances customer engagement and drives traffic, leads, and sales. By focusing on the needs of eCommerce brands, Unstack offers tools that support collaboration and streamline the publishing process, making it easier for clients to implement effective inbound marketing strategies.
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.
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. specializes in contract research and development services across various technical domains for both government and commercial clients. The company offers a diverse range of products, including adaptive infrared imaging spectroradiometers, compact adaptive optics retinal imagers, and miniature diode laser-based ambient gas sensors. Additionally, it provides engineering design services and commercial applications in areas such as pharmaceutical process analytical technology, aerospace measurements, and electrochemical engineering solutions. Physical Sciences serves multiple sectors, including aerospace, energy, environment, manufacturing, biomedical, security, and telecommunications, utilizing direct sales, strategic partnerships, and licensing arrangements. Founded in 1973 and headquartered in Andover, Massachusetts, the company operates several satellite offices across the United States, including locations in California, Maryland, Ohio, and New Jersey.
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 that focuses on enhancing data-driven decision-making in real estate. Through its Lambent Spaces platform, the company provides insights into occupancy analytics and utilization trends by utilizing existing data sources like Wi-Fi. This platform enables real estate professionals in corporate and higher education settings to optimize their use of available spaces. By offering powerful insights into workplace utilization, planning, scheduling, and maintenance, Lambent serves as an effective alternative to more expensive and invasive solutions. The platform allows clients to quickly implement improvements while significantly reducing costs, ultimately facilitating better service and operational efficiency.
Labviva
Venture Round in 2020
Labviva, Inc. operates a digital marketplace tailored for the life sciences sector, connecting researchers with suppliers of reagents, chemicals, and laboratory equipment. Founded in 2015 and based in Somerville, Massachusetts, the platform offers a wide range of products, including antibodies, biological kits, buffers, chromatography supplies, and various laboratory devices. Labviva enhances the user experience by leveraging scientific context to streamline the procurement process, making it easier for suppliers to manage product content. Its Inventory Management System provides real-time inventory tracking and AI-driven purchase automation, thus improving operational efficiency and compliance. By offering insights into lab purchasing trends and supply chain health, Labviva enables clients to maintain contract pricing with preferred vendors and establish direct partnerships without the complexity of managing multiple catalogs.
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.
Alloy Enterprises
Grant in 2020
Alloy Enterprises Inc. is a company based in Somerville, Massachusetts, that specializes in developing advanced 3D printing technologies aimed at addressing inefficiencies in conventional manufacturing processes. Founded in 2020, Alloy focuses on industrial engineering and manufacturing technology, particularly for aluminum parts. The company's innovative aluminum additive technology allows for the production of dense, low-cost parts without relying on expensive and hazardous powders. This approach helps clients overcome limitations associated with traditional manufacturing methods, fostering innovation and facilitating progress in lightweight design and emissions reduction.
MachineMetrics
Convertible Note in 2020
MachineMetrics Inc. specializes in real-time production monitoring software tailored for manufacturing companies across various industries, including aerospace, automotive, and medical devices. Founded in 2014 and based in Northampton, Massachusetts, the company provides an automated cloud solution that collects, analyzes, and visualizes data from machines. Its platform enables real-time visibility into production processes through live dashboards and predictive notifications, allowing workers to address manufacturing issues promptly. By simplifying the integration of IoT technologies on the shop floor, MachineMetrics enhances manufacturing efficiency, reportedly improving productivity by over 20% for its clients. The company's focus on delivering actionable insights helps clients digitize legacy manufacturing processes and increase profitability.
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 Phil Portoghese. The company aims to translate decades of academic research into effective therapeutic solutions, particularly in response to the challenges posed by the opioid epidemic. By leveraging a novel receptor-interactomics approach, Blue Therapeutics focuses on creating innovative treatments that address the limitations and side effects associated with traditional pain management options, ultimately striving to improve patient outcomes.
Physical Sciences
Grant in 2020
Physical Sciences Inc. specializes in contract research and development services across various technical domains for both government and commercial clients. The company offers a diverse range of products, including adaptive infrared imaging spectroradiometers, compact adaptive optics retinal imagers, and miniature diode laser-based ambient gas sensors. Additionally, it provides engineering design services and commercial applications in areas such as pharmaceutical process analytical technology, aerospace measurements, and electrochemical engineering solutions. Physical Sciences serves multiple sectors, including aerospace, energy, environment, manufacturing, biomedical, security, and telecommunications, utilizing direct sales, strategic partnerships, and licensing arrangements. Founded in 1973 and headquartered in Andover, Massachusetts, the company operates several satellite offices across the United States, including locations in California, Maryland, Ohio, and New Jersey.
PlenOptika
Grant in 2020
PlenOptika, Inc. is a Massachusetts-based company that develops innovative optical technology to improve access to eye care. Founded in 2014 as a spin-off from the Massachusetts Institute of Technology and the Madrid–MIT M+Visión Consortium, PlenOptika focuses on creating solutions for the over one billion people worldwide affected by low vision. Their flagship product, QuickSee, is a handheld device that accurately measures refractive errors in the eye at the push of a button, facilitating the determination of eyeglass prescriptions. This technology is particularly beneficial in rural and low-resource settings, addressing the challenges of traditional autorefractors, which are often costly and cumbersome. PlenOptika's mission is to make eye care accessible and straightforward for everyone, especially underserved communities. The company has received recognition from various international social innovation foundations and has partnered with research institutions in the United States, Spain, and India to advance its groundbreaking technology.
MSW Power
Grant in 2020
MSW Power Corporation, founded in 2012 and based in Acton, Massachusetts, specializes in waste management solutions. The company develops innovative systems designed to convert various types of waste, including paper, wood, plastic, agricultural waste, and food, into electricity and heat through its BWEC GEM integrated system. Additionally, MSW Power offers the HydroPactor, which effectively reduces the weight of waste by extracting moisture, and a solid waste destruction system that utilizes mechanical and thermal processes to eliminate moisture from solid waste. The company's focus is on providing environmentally sustainable and economically viable solutions for energy and waste disposal needs.
Nanoview Biosciences
Grant in 2020
NanoView Biosciences is a biotechnology company that specializes in the development of technologies for the characterization of extracellular vesicles, particularly exosomes. Founded in 2015 and based in Boston, Massachusetts, the company utilizes its proprietary ExoView technology to provide high-throughput and cost-effective analysis solutions for life science researchers. NanoView's products, which include the ExoView R100 and ExoView tetraspanin, enable precise detection and multiparametric characterization of exosomes from complex biological samples such as blood, serum, plasma, and urine. In addition to its core products, the company offers custom assays, sample services, and a support platform to aid researchers in understanding the biological roles of exosomes and utilizing them as biomarkers for disease diagnosis, treatment, and monitoring.
Realtime Robotics
Grant in 2020
Realtime Robotics, Inc. is focused on developing advanced motion planning and control processors that enable robots and autonomous vehicles to react instantaneously to their surroundings. Founded in 2016 and based in Boston, Massachusetts, the company offers a collision-free motion planning platform that allows for safe operation of single or multiple robots in unstructured environments. Their specialized RapidPlan processor generates safe motion plans in microseconds, effectively eliminating the trade-off between speed and safety in automation. This innovative technology accommodates real-time changes in dynamic environments, enabling robots to navigate around both known static objects and other moving entities while performing various tasks. By addressing the limitations of traditional automation, Realtime Robotics is broadening the applications of robotics across industries and facilitating the adoption of autonomous vehicles.
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. operates a digital marketplace tailored for the life sciences sector, connecting researchers with suppliers of reagents, chemicals, and laboratory equipment. Founded in 2015 and based in Somerville, Massachusetts, the platform offers a wide range of products, including antibodies, biological kits, buffers, chromatography supplies, and various laboratory devices. Labviva enhances the user experience by leveraging scientific context to streamline the procurement process, making it easier for suppliers to manage product content. Its Inventory Management System provides real-time inventory tracking and AI-driven purchase automation, thus improving operational efficiency and compliance. By offering insights into lab purchasing trends and supply chain health, Labviva enables clients to maintain contract pricing with preferred vendors and establish direct partnerships without the complexity of managing multiple catalogs.
Inkbit
Series A in 2019
Inkbit Corporation, founded in 2017 and based in Medford, Massachusetts, specializes in the research, development, and manufacturing of 3D printers. The company has developed an advanced additive manufacturing platform that integrates 3D printing with machine vision technology, allowing for the rapid production of polymer parts. By employing machine learning and artificial intelligence, Inkbit delivers a multi-material jetting platform that meets the speed and precision required for demanding industrial applications. The expertise of its team, comprised of MIT-trained scientists and engineers, spans industrial systems, design software, and material science, enabling Inkbit to bridge the gap between prototyping and large-scale manufacturing. This innovation facilitates the on-demand production of both multi-material and end-use products, positioning Inkbit as a leader in the mass-market additive manufacturing sector.
MachineMetrics
Series A in 2018
MachineMetrics Inc. specializes in real-time production monitoring software tailored for manufacturing companies across various industries, including aerospace, automotive, and medical devices. Founded in 2014 and based in Northampton, Massachusetts, the company provides an automated cloud solution that collects, analyzes, and visualizes data from machines. Its platform enables real-time visibility into production processes through live dashboards and predictive notifications, allowing workers to address manufacturing issues promptly. By simplifying the integration of IoT technologies on the shop floor, MachineMetrics enhances manufacturing efficiency, reportedly improving productivity by over 20% for its clients. The company's focus on delivering actionable insights helps clients digitize legacy manufacturing processes and increase profitability.
Lambent
Seed Round in 2018
Lambent is a Boston-based software company that focuses on enhancing data-driven decision-making in real estate. Through its Lambent Spaces platform, the company provides insights into occupancy analytics and utilization trends by utilizing existing data sources like Wi-Fi. This platform enables real estate professionals in corporate and higher education settings to optimize their use of available spaces. By offering powerful insights into workplace utilization, planning, scheduling, and maintenance, Lambent serves as an effective alternative to more expensive and invasive solutions. The platform allows clients to quickly implement improvements while significantly reducing costs, ultimately facilitating better service and operational efficiency.
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.
Horsepower Technologies
Series A in 2018
Horsepower Technologies Inc. is a Massachusetts-based company specializing in the manufacture of rehabilitative orthotics for horses. Founded in 2008, the company develops innovative products designed to promote safe movement and expedite recovery for injured horses. One of its key offerings, FastTrack, includes protective padding, a hard shell cuff for structural support, and a mechanism to limit excessive movement of the fetlock joint. By redirecting weight-bearing forces away from injured flexor tendons and ligaments, Horsepower Technologies' orthotics enable horses to engage in moderate exercise during their rehabilitation, thereby enhancing recovery outcomes. The company's products are available for purchase online.
Dynamo Micropower
Grant in 2018
Dynamo Micropower Corporation specializes in developing fuel-flexible gas turbines tailored for small distributed generation applications, primarily in the oil and gas sector. Founded in 2011 and based in Somerville, Massachusetts, the company offers innovative products such as PowerCore, designed for continuous operation in challenging environments, and Infernocore, a flameless turboheater. Dynamo's solutions are engineered to operate using local unrefined gas, significantly reducing energy costs by up to 80% while enhancing power quality by up to 25%, thereby improving the performance of equipment. The company provides a fully packaged, plug-and-play power solution that utilizes flare gas to deliver grid-quality electricity. Dynamo Micropower markets its products through a network of distributors and supports them with a network of service partners. The company has successfully deployed its turbines with notable clients, including Kinder Morgan and Caterpillar.
Spero Devices
Grant in 2018
Spero Devices, Inc. is a technology company specializing in artificial intelligence and nanotechnology, founded in 2015 and headquartered in Acton, Massachusetts. The company develops and manufactures a CMOS-based co-processor designed to enhance computational efficiency in mobile devices. This hardware accelerator targets edge applications that require real-time processing while adhering to mobile power constraints. Spero Devices focuses on multi-object detection, tracking, and segmentation, transforming edge data into actionable cloud intelligence. By leveraging their innovative hardware and software solutions, the company aims to enable advanced services, including the automated selection of AI training data from edge devices.
Fairmarkit
Pre Seed Round in 2018
Fairmarkit, Inc. is a Boston-based company that specializes in developing a Software-as-a-Service (SaaS) platform for tail spend management. Its platform is designed to automate the sourcing process, enabling procurement teams to operate more efficiently and save money on small to medium-sized purchases. By utilizing machine learning, Fairmarkit analyzes unstructured tail spend data to identify risks, trends, and pricing benchmarks, thereby streamlining the procurement process. The platform facilitates competitive bidding through automated requests for quotations (RFQs) and provides vendor recommendations, while centralizing historical data for better decision-making. Serving a diverse range of industries, Fairmarkit's technology aims to transform the purchasing landscape and enhance the effectiveness of procurement departments. Founded in 2017, the company positions itself as a key player in improving procurement practices across various sectors.
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. develops advanced 3D nanostructured coatings designed to treat airborne pollutants and toxins, thereby enhancing indoor air quality. The company offers its innovative materials as coating additives for various applications, including building materials and vehicle interiors. Its technology effectively targets and breaks down harmful substances such as hydrocarbons, carbon monoxide, ozone, PM2.5, volatile organic compounds, odors, and germs in diverse transportation settings, including airplanes, ships, trains, cars, and buses. Founded in 2017 and based in Boston, Massachusetts, Metalmark Innovations aims to address the pressing challenges of air pollution and climate change through its cutting-edge air cleaning solutions. The company was previously known as Aircrew Technologies, Inc. before rebranding in January 2019.
TelAztec
Grant in 2018
TelAztec is a technology development and transfer company based in Burlington, Massachusetts, specializing in the creation of optical filter microstructures. These microstructures are utilized in a variety of applications, including liquid crystal displays, infrared sensors, high-power lasers, and advanced lithography systems. By providing innovative solutions, TelAztec enables clients to select from a range of facilities tailored to meet their specific needs in the optical technology sector.
Physical Sciences
Grant in 2018
Physical Sciences Inc. specializes in contract research and development services across various technical domains for both government and commercial clients. The company offers a diverse range of products, including adaptive infrared imaging spectroradiometers, compact adaptive optics retinal imagers, and miniature diode laser-based ambient gas sensors. Additionally, it provides engineering design services and commercial applications in areas such as pharmaceutical process analytical technology, aerospace measurements, and electrochemical engineering solutions. Physical Sciences serves multiple sectors, including aerospace, energy, environment, manufacturing, biomedical, security, and telecommunications, utilizing direct sales, strategic partnerships, and licensing arrangements. Founded in 1973 and headquartered in Andover, Massachusetts, the company operates several satellite offices across the United States, including locations in California, Maryland, Ohio, and New Jersey.
Solchroma Technologies
Grant in 2018
Solchroma Technologies, Inc. specializes in manufacturing innovative digital display screens designed for advertising applications. Founded in 2015 and headquartered in Somerville, Massachusetts, the company offers non-LED displays characterized by sunlight reflectivity and print-quality color properties. These displays are particularly suited for outdoor advertising and on-premise signage, providing a low-power alternative to traditional light-emitting technologies. Solchroma's proprietary system utilizes electroactive polymer actuators that function as hydraulic pumps to move colored ink from reservoirs into viewable color filter chambers, allowing for full-color reflective displays. This technology enables compliance with zoning regulations that restrict emissive signage, making it an environmentally friendly option for urban settings.
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.
Horsepower Technologies
Venture Round in 2017
Horsepower Technologies Inc. is a Massachusetts-based company specializing in the manufacture of rehabilitative orthotics for horses. Founded in 2008, the company develops innovative products designed to promote safe movement and expedite recovery for injured horses. One of its key offerings, FastTrack, includes protective padding, a hard shell cuff for structural support, and a mechanism to limit excessive movement of the fetlock joint. By redirecting weight-bearing forces away from injured flexor tendons and ligaments, Horsepower Technologies' orthotics enable horses to engage in moderate exercise during their rehabilitation, thereby enhancing recovery outcomes. The company's products are available for purchase online.
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. specializes in water recovery systems designed for power plants and other industrial facilities. Founded in 2017 and based in Massachusetts, the company focuses on mitigating water scarcity by employing innovative technology that utilizes high-voltage electric fields to capture and recycle water evaporating from cooling towers. This approach allows power plants, data centers, and factories to significantly reduce water consumption and treatment costs, thereby promoting more sustainable operations. Through its efforts in wastewater management and recycling, Infinite Cooling aims to address environmental challenges related to water waste in industrial processes.
Optodot
Grant in 2017
Optodot Corporation specializes in developing nanotechnology-based components for energy storage, conservation, and generation markets. The company offers a range of products, including NanoPore, a separator made from nano porous ceramic membranes, and NPORE lithium-ion battery separators. Additionally, it provides infrared coated films and laminates for covert and forensic security applications, along with window films. Optodot is focused on advancing technologies for lithium-ion batteries and organic solar cells, as well as optical communications, which involve optical switches, buffers, modulators, and photo detectors. The company also offers intellectual property, product development, and contract services related to coatings, and actively pursues strategic partnerships and licensing opportunities to commercialize its innovations. Its clientele includes start-ups, major corporations, and government entities such as the Department of Defense and the Department of Energy. Founded in 2000 and based in Woburn, Massachusetts, Optodot is committed to continual innovation in the field of nanoporous membranes.
Spero Devices
Grant in 2017
Spero Devices, Inc. is a technology company specializing in artificial intelligence and nanotechnology, founded in 2015 and headquartered in Acton, Massachusetts. The company develops and manufactures a CMOS-based co-processor designed to enhance computational efficiency in mobile devices. This hardware accelerator targets edge applications that require real-time processing while adhering to mobile power constraints. Spero Devices focuses on multi-object detection, tracking, and segmentation, transforming edge data into actionable cloud intelligence. By leveraging their innovative hardware and software solutions, the company aims to enable advanced services, including the automated selection of AI training data from edge devices.
Massachusetts Materials Technologies
Grant in 2017
Massachusetts Materials Technologies, founded in 2014 and based in Waltham, Massachusetts, is an MIT spin-off focused on transforming innovative ideas into commercially viable products in materials, mechanics, and manufacturing. The company specializes in nondestructive technologies that measure the strength and toughness of materials, particularly in the oil and gas sector. Its advanced instrumentation allows for the accurate assessment of the mechanical properties of pipelines without disrupting service or requiring pipe cutouts. This capability supports the energy industry in evaluating the integrity of natural gas pipelines, ensuring safety and efficiency in operations.
MachineMetrics
Seed Round in 2016
MachineMetrics Inc. specializes in real-time production monitoring software tailored for manufacturing companies across various industries, including aerospace, automotive, and medical devices. Founded in 2014 and based in Northampton, Massachusetts, the company provides an automated cloud solution that collects, analyzes, and visualizes data from machines. Its platform enables real-time visibility into production processes through live dashboards and predictive notifications, allowing workers to address manufacturing issues promptly. By simplifying the integration of IoT technologies on the shop floor, MachineMetrics enhances manufacturing efficiency, reportedly improving productivity by over 20% for its clients. The company's focus on delivering actionable insights helps clients digitize legacy manufacturing processes and increase 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.
Via Separations
Grant in 2016
Via Separations, Inc. is focused on developing innovative membrane-based products for industrial liquid separation in challenging environments. Founded in 2016 and based in Somerville, Massachusetts, the company aims to address the significant energy waste in the chemical separation process, which accounts for 12% of U.S. energy consumption. By employing its advanced membrane technology, Via Separations can reduce energy use by up to 90% and enhance product output. Their highly selective and robust membrane filters replace traditional heat-based separation methods, contributing to industrial decarbonization efforts. The company is currently conducting pilot trials in pulp and paper facilities, with the goal of eliminating 100 million metric tons of CO2 emissions by 2050. Originating from MIT's Department of Material Science & Engineering, Via Separations has successfully scaled its technology and demonstrated working prototypes at a commercial level.
Heila Technologies
Grant in 2016
Heila Technologies develops a platform that connects solar arrays, batteries, and other distributed energy resources (DERs) to create self-managing microgrids. The Heila IQ Platform is a decentralized optimization system that simplifies the integration and operation of these resources, allowing for autonomous management and optimization. This technology transforms various components, such as batteries and solar arrays, into independent intelligent agents capable of self-organization and regulation. Heila Technologies serves a diverse clientele, including utility representatives, developers, energy users, and public officials. Founded in 2017 and based in Somerville, Massachusetts, the company aims to facilitate the commercialization of its platform, providing granular analysis and data-driven recommendations to enhance the resilience and efficiency of energy networks while promoting energy savings and reducing carbon emissions.
Poly6 Technologies
Grant in 2016
Poly6 Technologies, Inc. specializes in digital manufacturing solutions tailored for the biotechnology, aerospace, and electronics industries. Established in 2015 and based in Boston, Massachusetts, the company leverages advanced 3D printing technology to create innovative products. Poly6 develops stimuli-responsive material systems that integrate hardware, software, and materials into established production processes, enhancing engineering design capabilities and system efficiency. Originating from MIT's Langer Lab, the company addresses gaps between theoretical design and practical manufacturing, allowing for the production of complex components with improved tolerance control. In certain industry verticals, Poly6's digitization approach can reduce manufacturing costs by as much as 30%, while also simplifying regulatory compliance and material specifications. Additionally, Poly6 is engaged in creating environmentally friendly bioplastics derived from citrus waste, aimed at minimizing environmental pollution and providing sustainable manufacturing solutions for various sectors, including aviation and energy.
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, primarily sugar. By utilizing a proprietary automated gene engineering system, Modular Genetics enables the rapid development of new products, helping various industries reduce costs and accelerate product innovation. Its focus on sustainable chemistry positions the company as a key player in advancing environmentally friendly manufacturing processes.
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.
Evaptainers
Grant in 2015
Evaptainers, LLC, founded in 2014 and based in Somerville, Massachusetts, specializes in the manufacture of 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 modular refrigeration solutions that utilize evaporative cooling. This method allows for low-cost preservation of perishable produce along the agricultural supply chain, significantly extending the shelf-life of fruits and vegetables. By harnessing climate air and evaporation, Evaptainers' systems enable farmers, particularly in developing countries, to maintain the freshness of their products using only natural resources like sun and water. The company has innovated traditional evaporative cooling techniques, employing advanced materials and designs to create durable, user-friendly units that are easy to mass-produce. With patent-pending technologies, Evaptainers stands out in the market as a unique provider of sustainable refrigeration solutions.
Kuva Systems
Grant in 2015
Kuva Systems, founded in 2015 and based in Cambridge, Massachusetts, has created an industrial IoT solution focused on monitoring and quantifying methane and volatile organic compound (VOC) emissions. The company's infrared imaging system automatically detects and measures these emissions, providing operators with annotated video clips of leaks. It captures emission events in both day-only and day-night modes, and transfers the quantified visuals to the cloud in real-time. This technology enables oil and gas companies to efficiently monitor their assets and manage environmental compliance.
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 aimed at helping brands capture valuable consumer data. Founded in 2011, Jebbit operates a declared data platform that enables marketing and sales teams to create engaging mobile experiences, such as quizzes and virtual tours. This platform allows brands to collect first-party data directly from consumers, offering insights into their preferences, motivations, and intentions, rather than relying on often inaccurate third-party data. Jebbit's offerings cater primarily to the travel, e-commerce, and sports industries, with notable clients including Cathay Pacific Airways, LifeLock, and the New England Revolution. The company has received recognition for its innovative approach, having been named one of the Top 25 Most Promising Companies in the World by CNBC and awarded for its tech culture in Boston.
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 developed pioneering technology that enhances the flexibility of articulated arms and hands, positioning itself as a leader in the field. Barrett's innovative manipulators have earned recognition, including a place in the Guinness Book of World Records, for their superior capabilities. The company's products offer exceptional versatility, making them suitable for a wide range of applications across various industries.
Erbi Biosystems
Grant in 2015
Erbi Biosystems, Inc. specializes in developing innovative microbioreactor technology solutions aimed at automating the study of microorganisms. The company offers a range of products, including microbioreactor devices, disposable fluid sources, control modules, and system software. These systems are designed to streamline and standardize complex cell culture processes, facilitating basic research, bioprocess characterization, and optimization while reducing variability between experiments. Founded in 2006 and based in Woburn, Massachusetts, Erbi Biosystems was previously known as Pharyx, Inc. before rebranding in January 2019. The company's microfluidic bioprocess instrumentation is intended to enhance research capabilities, particularly in areas such as cell-based cancer immunotherapies and parallel anaerobic fermentations.
Dynamo Micropower
Grant in 2015
Dynamo Micropower Corporation specializes in developing fuel-flexible gas turbines tailored for small distributed generation applications, primarily in the oil and gas sector. Founded in 2011 and based in Somerville, Massachusetts, the company offers innovative products such as PowerCore, designed for continuous operation in challenging environments, and Infernocore, a flameless turboheater. Dynamo's solutions are engineered to operate using local unrefined gas, significantly reducing energy costs by up to 80% while enhancing power quality by up to 25%, thereby improving the performance of equipment. The company provides a fully packaged, plug-and-play power solution that utilizes flare gas to deliver grid-quality electricity. Dynamo Micropower markets its products through a network of distributors and supports them with a network of service partners. The company has successfully deployed its turbines with notable clients, including Kinder Morgan and Caterpillar.
Tank Utility
Grant in 2015
Tank Utility, Inc. specializes in developing software solutions for the fuel and energy sector, focusing on enhancing operational efficiency for fuel distribution companies. Founded in 2014 and based in Boston, Massachusetts, the company offers smart meters and cloud-based software that integrates wireless sensors to monitor propane levels in real time. By utilizing IoT technology and business intelligence software, Tank Utility enables fuel providers to reduce unnecessary delivery miles, thereby minimizing waste and improving customer engagement. Their products include easy-to-install wireless tank monitors and web applications that deliver real-time data on tank levels, usage, and pricing, ultimately enhancing service efficiency and customer retention. Additionally, Tank Utility provides installation and support services to ensure optimal utilization of its solutions.
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.
lifeIMAGE
Venture Round in 2015
LifeIMAGE is an online network that enables individuals to exchange medical images. LifeIMAGE is interoperable with the hospital EMR to provide integrated access to medical images, from anywhere. Clinicians can exchange medical images with patients and providers, anywhere. It was founded in 2008 and headquartered in Newton, Massachusetts.
HMSolution
Grant in 2015
HMSolution, Inc. is a water technology company based in Providence, Rhode Island, founded in 2013. The company specializes in developing water treatment systems designed to effectively remove arsenic and other toxic contaminants from drinking water. Its solutions cater to a diverse range of applications, including community water systems, beverage companies, agricultural enterprises, and households that rely on well water. HMSolution's systems utilize advanced filtration technology to eliminate a variety of pollutants, providing a cost-effective and easy-to-operate alternative to existing technologies. The company's mission is to safeguard public health by offering affordable solutions to mitigate the risks associated with toxic substances in drinking water, thereby benefiting cities, communities, and individual homeowners.
Energid Technologies
Grant in 2015
Energid Technologies Corporation, founded in 2001 and headquartered in Bedford, Massachusetts, specializes in developing software solutions for advanced motion control in robotics. The company offers Actin, a software development kit and tasking framework designed for real-time and adaptive motion control, addressing the complex needs of various sectors including industrial, medical, aerospace, and energy. Energid's software excels in simulating and controlling the kinematics and dynamics of robotic systems, providing essential support for autonomy through its 3D machine vision capabilities. By tackling challenging robotics problems, Energid Technologies serves applications across diverse fields such as medicine, agriculture, defense, and manufacturing. As of February 2018, Energid operates as a subsidiary of Teradyne, Inc.
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