MassVentures

MassVentures meets critical capital needs in the Massachusetts innovation economy, providing seed and early-stage venture funding to high growth startups as they move from concept to commercialization. The Boston-based venture firm was formed in 1978 as a quasi-public corporation by the Legislature of the Commonwealth of Massachusetts, governed by an independent Board of Directors, and managed by experienced venture capitalists. Leveraging the entrepreneurial spirit, educated workforce, and centers of innovation in Massachusetts, MassVentures has a track record of success with early-stage ventures.

Jason Allen

Vice President - Investments

Ellen R. Frank

Director

Renee Fry

Director

Charlie Hipwood

President and CEO

Charles C. Hipwood

President & CEO

Alan R. Morse

Director

Vinit Nijhawan

Managing Director

Stacy Swider

Vice President Investments

Priya Yadav

Vice President Investments

Past deals in US East Coast

Seaspire Skincare

Seed Round in 2022
Seaspire Skincare is into manufacturing multifunctional colorants and actives influenced by the biodiversity of the ocean.

Aclarity

Seed Round in 2022
Aclarity, LLC Manufactures and markets water purification devices for homes. Its water purification devices remove pathogens, metals, and other impurities from water. Aclarity, LLC was founded in 2017 and is headquartered in the United States.

Concerto Biosciences

Venture Round in 2022
Concerto Biosciences discovers and develops specific combinations of microbial ensembles. Using kChip, a patented, high-throughput platform that constructs and screens millions of defined microbial communities - Concerto creates massive data sets on how microbes function when growing in complex communities. From these data, Concerto directly discovers microbial ensembles that perform a desired task and learns design rules for ensemble engineering.

Kytopen

Series A in 2021
Kytopen Corp. is a biotechnology company based in Cambridge, Massachusetts, focused on advancing cell therapy through its innovative Flowfect technology. Established in 2017, Kytopen specializes in non-viral delivery systems for molecules into challenging immune cells that are typically hard to transfect. The company utilizes a combination of microfluidics and automation to streamline the delivery process, making it faster, more efficient, and cost-effective. By employing a unique platform that integrates continuous fluid flow with electric fields, Kytopen enables researchers to produce high-quality engineered cells in a matter of minutes while preserving their health and functionality. This approach supports the discovery of novel biological insights and the development of affordable cell and gene therapies.

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.

Unstack

Series A in 2020
Unstack Inc. develops a website and landing page platform for SaaS. It offers Unstack, a marketing platform that helps marketers to grow their business without the need for developers and designers. Its Unstack is used by startups and marketing teams to build websites, landing pages, and blogs that generate traffic, leads, and sales without coding. The company was incorporated in 2019 and is based in Cambridge, Massachusetts.

Concerto Biosciences

Seed Round in 2020
Concerto Biosciences discovers and develops specific combinations of microbial ensembles. Using kChip, a patented, high-throughput platform that constructs and screens millions of defined microbial communities - Concerto creates massive data sets on how microbes function when growing in complex communities. From these data, Concerto directly discovers microbial ensembles that perform a desired task and learns design rules for ensemble engineering.

Kytopen

Seed Round in 2020
Kytopen Corp. is a biotechnology company based in Cambridge, Massachusetts, focused on advancing cell therapy through its innovative Flowfect technology. Established in 2017, Kytopen specializes in non-viral delivery systems for molecules into challenging immune cells that are typically hard to transfect. The company utilizes a combination of microfluidics and automation to streamline the delivery process, making it faster, more efficient, and cost-effective. By employing a unique platform that integrates continuous fluid flow with electric fields, Kytopen enables researchers to produce high-quality engineered cells in a matter of minutes while preserving their health and functionality. This approach supports the discovery of novel biological insights and the development of affordable cell and gene therapies.

MSW Power

Grant in 2020
MSW Power Corporation, established in 2012 and based in Acton, Massachusetts, specializes in waste management solutions. The company offers innovative products such as the BWEC GEM, an integrated system that transforms various types of waste—including paper, wood, plastic, agricultural residues, and food—into electricity and heat. Additionally, MSW Power provides the HydroPactor, which efficiently reduces the weight of waste by extracting moisture, and a solid waste destruction system that utilizes mechanical and thermal methods to remove moisture from solid waste. Through these technologies, MSW Power aims to deliver environmentally beneficial and economically viable solutions for energy and waste management.

Nanoview Biosciences

Grant in 2020
NanoView Biosciences, founded in 2015 and based in Boston, Massachusetts, specializes in the development of innovative technologies for the characterization of extracellular vesicles, particularly exosomes. The company's proprietary ExoView technology uses an affinity microarray platform to enable specific binding and detection of these vesicles, facilitating high-throughput and cost-effective analysis. NanoView offers a range of products, including ExoView R100 and ExoView Tetraspanin, along with custom assays and sample services. The company's solutions aim to enhance research and the delivery of precision medicine by providing insights into the biological roles of exosomes and their potential as biomarkers for disease diagnosis, treatment, and monitoring.

Realtime Robotics

Grant in 2020
Realtime Robotics, Inc. specializes in developing motion planning and control processors that empower robots and vehicles to swiftly respond to their surroundings. Founded in 2016 and based in Boston, Massachusetts, the company offers a collision-free motion planning platform that adapts to changes in work environments, allowing for the safe operation of single or multiple robots in unstructured settings. Its RapidPlan processor utilizes advanced computer processing and software to eliminate the trade-off between speed and safety in automation, enabling machines to generate safe motion plans in milliseconds. This innovation facilitates collision avoidance around both static and dynamic objects, while performing various tasks in diverse locations. Realtime Robotics aims to transform automation across industries and enhance the functionality of autonomous vehicles, promoting broader applications and faster adoption of robotics technology.

PlenOptika

Grant in 2020
PlenOptika, Inc. manufactures handheld device that provides eyeglass prescriptions. It offers QuickSee that provides accurate refractive measurements for eyes. The device facilitates optometry in rural and low-resource settings. The company was formerly known as Team Eye. PlenOptika, Inc. was incorporated in 2014 and is based in Allston, Massachusetts.

Hourwork

Venture Round in 2020
Syrg helps hourly workplaces make operations more efficient, compliant, and human. The company develops a management application platform for employers of hourly work who seek to transform and optimize their workforce. Syrg's technologies integrate with existing HR software with enterprise-grade security, allowing businesses to reduce cost, improve compliance, and increase engagement.

Physical Sciences

Grant in 2020
Physical Sciences provides contract research and development services in a wide diversity of technical areas to both government and commercial users. It offers adaptive infrared imaging spectroradiometers, compact adaptive optics retinal imagers, CR-doped ZNSE crystals, GASSCAN miniature diode laser-based ambient gas sensors, hand-held line scanning laser ophthalmoscopes, hybrid LSLO/spectral domain OCT imagers, lyoflux mass flux monitors, orientation-patterned gallium arsenide frequency converter devices, pharmaceutical process analytical technology sensors, quantum cascade laser sensors, RMLD portable standoff hazardous gas detectors, sideview microplates, tracking scanning laser ophthalmoscopes, tracking optical coherence tomography imagers, multi-wavelength gas sensors, tunable diode laser gas sensors, water vapor dials, and more. Physical Sciences Inc. was founded in 1973 and is headquartered in Andover, Massachusetts.

Kinto.Care

Grant in 2020
Kinto.Care is a provider of an online platform intended to improve communication and provide practical advice for caregivers. The company's platform features user-generated content and digital tools to improve care team collaboration, medication management and check-in data tracking, enabling the family members of a patient to coordinate care and manage medicines through a single platform.

Blue Therapeutics

Grant in 2020
Blue Therapeutics was founded in 2014 by Ajay Yekkirala, David Roberson, Michio Painter and academic founder Phil Portoghese. Blue was born out of the desire to take decades of knowledge and technology from academic research and transform that work into therapeutic solutions that can have positive and lasting impacts for patients in the clinic. Working in New England where the opioid epidemic has struck particularly hard, this meant asking theirselves why better therapeutic options for pain don't exist.

Textician

Grant in 2020
Textician is commercializing a patented breakthrough in machine learning on unstructured text. Called NoNLP(tm) technology, it outperforms both Natural Language Processing (NLP) and Deep Learning in some common use cases. Initial applications are in healthcare IT, specifically ICD-10 coding as a part of RCM applications, delivered either on-premises or via the cloud. In the latter case, no raw PHI is sent to or processed in the cloud, creating a uniquely secure service.

Flux Marine

Grant in 2019
Flux Marine specializes in developing electric marine propulsion systems designed to enhance performance while minimizing environmental impact. The company focuses on creating electric boat motors that utilize solid-state components to achieve zero emissions, thereby reducing pollution in marine environments. By prioritizing efficiency and sustainability, Flux Marine's motors not only enhance transport capabilities but also significantly lower noise and air pollution. Additionally, these propulsion systems are virtually maintenance-free, contributing to a reduced carbon footprint and promoting cleaner practices within the marine industry.

Spiro.AI

Seed Round in 2019
Spiro Technologies, Inc. develops a relationship management platform that works in the background and recommends sales teams on different actions. The company’s platform creates contacts; eliminates data entry; provides sales suggestions; delivers reports; assists in making, receiving, and transcribing calls and texts from Spiro Voice number; and assists sales teams to track and manage opportunities. It serves construction, finance, manufacturing, professional service, and technology industries. The company was incorporated in 2014 and is based in Boston, Massachusetts.

14bis Supply Tracking

Seed Round in 2019
14bis Supply Tracking helps aerospace and defense supply chain managers reduce the risk of unapproved parts and eliminate the high admin costs caused by the current paper-based documentation practice. We provide transparency and immutable lifecycle provenance tracking and can adapt to any industry ERP platform and tagging mechanism. Selected as Privacy/Security finalist for SXSW2018, winner of the Accenture Innovate Award for Websummit 2017 and featured startup at the Paris Air Show 2017.

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.
Students looking to enter the maritime, engineering, emergency management and environmental fields should look into the Massachusetts Maritime Academy in Buzzards Bay, Massachusetts—the second oldest maritime academy in the nation. Unique to the school is its “sea term,” a program conducted in January and February. This program gives aspiring cadets the opportunity to apply their education and training as they sail to ports along the Caribbean Sea. During the approximately 52-day voyage, students will also gain real-world experience in seafaring and ship operations like deck and engine watches, and learn how to properly maintain a vessel. Academics offered at the school include more than five bachelor’s degrees, including Emergency Management, Maritime Engineering, Marine Transportation and more. Two graduate degrees are available in Emergency Management and Facilities Management. The school also offers professional and continuing education courses. In addition to an application, admissions require students to submit official high school transcripts, two letters of recommendation, ACT/SAT test scores and proof of citizenship. Tuition is set lower for Massachusetts residents. Financial aid is determined for students on an individual basis. Students who complete a FAFSA will be considered for financial aid through the form of federal and state grants, loans and institutional scholarships.

Pendar Technologies

Grant in 2019
Pendar is a privately held company that specializes in advancing intelligent chemistry systems. It fuses innovative hardware with machine learning algorithms guided by expert knowledge of molecular spectroscopy.

INroof.solar

Grant in 2018
Imagine a world where buildings are designed not just to look better but to perform better, where beautiful premium materials incorporate sustainable technology and where a timeless look will last a lifetime. This is the world of INroof.solar. INroof.solar is dedicated to creating solar roof systems that integrate into the architecture of the home. Our solar metal roof panels are a fusion of the finest roofing materials and our patent-pending solar thermal collection system. With INroof, the roof is the solar panel giving you a streamlined look you never thought possible. An INroof system is the ideal solar energy solution for all your heating needs including solar hot water, solar space heating, radiant floor heating, and swimming pool heating. Our Nor’easter solar metal roof panels are cool weather optimized with a smooth, solar-collecting coating that allows them to shed snow easily. And if necessary heat can be pumped back through the roof to melt snow and ice. Plus our panels are compatible with geothermal heating systems. INroof panels are the finest building-integrated solar thermal collectors on the market today and are the perfect choice if you want the benefits of solar energy without the look of solar panels installed on top of your roof.

Exact Lux

Grant in 2018
Exact Lux builds LED lighting systems using our patent-pending Light Maintenance technology. It eliminates the typical light depreciation of LEDs.

Onvector

Grant in 2018
Onvector develops non-chemical water treatment technologies that utilize plasma, advanced oxidation, and disinfection process (AOP) that is more robust than ozone or UV. Its Plasma Vortex technology is a plasma hydrocyclone harnessing the power of arc lightning in a controlled cyclone to destroy the most hard-to-treat contaminants in water and wastewater such as PFAS forever chemicals and other contaminants of emerging concern.

Transaera

Grant in 2018
Transaera is developing a new class of affordable, energy-efficient,environmentally friendly cooling systems.

Spiro.AI

Seed Round in 2018
Spiro Technologies, Inc. develops a relationship management platform that works in the background and recommends sales teams on different actions. The company’s platform creates contacts; eliminates data entry; provides sales suggestions; delivers reports; assists in making, receiving, and transcribing calls and texts from Spiro Voice number; and assists sales teams to track and manage opportunities. It serves construction, finance, manufacturing, professional service, and technology industries. The company was incorporated in 2014 and is based in Boston, Massachusetts.

Horsepower Technologies

Series A in 2018
Horsepower Technologies Inc. manufactures rehabilitative orthotics for horses. It offers FastTrack, a product that comprises padding for protection, shock-absorption, and durability; hard shell cuff and stanchion for strength and support for the musculoskeletal structure; and SafeStop for limiting the maximum permissible extension angle of the horse’s fetlock joint. The company sells its products online. Horsepower Technologies Inc. was formerly known as HOSSO Inc. The company was incorporated in 2008 and is based in Lowell, Massachusetts.

Kytopen

Grant in 2018
Kytopen Corp. is a biotechnology company based in Cambridge, Massachusetts, focused on advancing cell therapy through its innovative Flowfect technology. Established in 2017, Kytopen specializes in non-viral delivery systems for molecules into challenging immune cells that are typically hard to transfect. The company utilizes a combination of microfluidics and automation to streamline the delivery process, making it faster, more efficient, and cost-effective. By employing a unique platform that integrates continuous fluid flow with electric fields, Kytopen enables researchers to produce high-quality engineered cells in a matter of minutes while preserving their health and functionality. This approach supports the discovery of novel biological insights and the development of affordable cell and gene therapies.

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.

Uniqarta

Grant in 2018
Uniqarta manufactures technologies that accommodate small, ultra-thin ICs and their inclusion within common materials such as paper or plastic. The result is a class of Smart Materials that eliminate the need for RFID label add-ons and accelerate the IoT evolution.

Fairmarkit

Pre Seed Round in 2018
Fairmarkit is an intelligent sourcing platform that empowers organizations to more efficiently purchase the goods and services they need. By equipping procurement and supply-chain teams with automation and data, Fairmarkit promotes competitive bidding while reducing manual work within existing processes. Leveraged by innovative procurement departments across a number of industries, such as Univision, ServiceNow, and the MBTA, Fairmarkit aims to revolutionize the way organizations make purchases.

Watchtower Robotics

Grant in 2018
Developer of a leakage detecting technology designed to reduce water break and infrastructure damage loss. The company's technology is used to detect leaks early and accurately in water distribution pipes without interrupting the water service, enabling users to take precautionary steps before water leakage.

Metalmark Innovations

Grant in 2018
Metalmark creates nanostructured materials that destroy submicron scale airborne pollutants and toxins to support healthy indoor air quality. It aims to address the challenges associated with air pollution and climate change. The company's air cleaning technology utilizes catalytic materials to filter the air with nanoscale precision. It was founded in 2017 and is headquartered in Boston, Massachusetts.

Manus Bio

Grant in 2018
Making nature accessible and affordable for a growing society.It is estimated that the world’s population will increase by more than 35% by 2050, reaching 9 billion people. Crop production will need to more than double in order to feed these people and meet the consumer needs of a developing world. With very little land remaining for agricultural expansion, they as a society need to find ways to maximize the use of their world’s resources. Plants produce a variety of rare natural products which are used in their daily lives as flavors, fragrances, food ingredients, cosmetics, vitamins, pharmaceuticals and agricultural chemicals. They strive to reduce their dependence on land- and resource-intensive practices by recreating natural processes through biotechnology.

Physical Sciences

Grant in 2018
Physical Sciences provides contract research and development services in a wide diversity of technical areas to both government and commercial users. It offers adaptive infrared imaging spectroradiometers, compact adaptive optics retinal imagers, CR-doped ZNSE crystals, GASSCAN miniature diode laser-based ambient gas sensors, hand-held line scanning laser ophthalmoscopes, hybrid LSLO/spectral domain OCT imagers, lyoflux mass flux monitors, orientation-patterned gallium arsenide frequency converter devices, pharmaceutical process analytical technology sensors, quantum cascade laser sensors, RMLD portable standoff hazardous gas detectors, sideview microplates, tracking scanning laser ophthalmoscopes, tracking optical coherence tomography imagers, multi-wavelength gas sensors, tunable diode laser gas sensors, water vapor dials, and more. Physical Sciences Inc. was founded in 1973 and is headquartered in Andover, Massachusetts.
Quantum Diamond Technologies, located in Somerville, Massachusetts, is focused on translating advanced quantum science into practical applications. Founded by a team of prominent quantum scientists from Harvard University, the company specializes in the commercialization of nanoscale devices that leverage the principles of quantum mechanics. These innovations enable new possibilities in various fields, including sensing, metrology, and computing. Additionally, Quantum Diamond Technologies is developing an ultrasensitive biomaterial detection and diagnostics platform, further expanding its impact on technology and healthcare.
Developer of radar and arena systems intended to miniaturize radar-sensing and data collection and analysis systems. The company engages in systems capable of scanning through dust, clouds and darkness with high accuracy and has applications in hydrography, oceanography, topography and engineering, thereby providing users with network-based solid-state radar systems for ground and airborne applications.

Horsepower Technologies

Venture Round in 2017
Horsepower Technologies Inc. manufactures rehabilitative orthotics for horses. It offers FastTrack, a product that comprises padding for protection, shock-absorption, and durability; hard shell cuff and stanchion for strength and support for the musculoskeletal structure; and SafeStop for limiting the maximum permissible extension angle of the horse’s fetlock joint. The company sells its products online. Horsepower Technologies Inc. was formerly known as HOSSO Inc. The company was incorporated in 2008 and is based in Lowell, Massachusetts.

Spiro.AI

Seed Round in 2017
Spiro Technologies, Inc. develops a relationship management platform that works in the background and recommends sales teams on different actions. The company’s platform creates contacts; eliminates data entry; provides sales suggestions; delivers reports; assists in making, receiving, and transcribing calls and texts from Spiro Voice number; and assists sales teams to track and manage opportunities. It serves construction, finance, manufacturing, professional service, and technology industries. The company was incorporated in 2014 and is based in Boston, Massachusetts.

Vata Verks

Grant in 2017
Vata Verks offers non-invasive hi-res water and natural gas data acquisition solution for buildings.

Radial Analytics

Grant in 2017
Radial Analytics focuses on addressing significant data challenges in healthcare through its innovative cloud-based planning system. The company's primary product is a decision support solution designed for hospital case managers and discharge planners, enabling them to identify the most appropriate post-acute care facilities for patients. This system utilizes an evidence-driven approach, taking into account each patient's unique clinical, functional, and behavioral needs. By capturing and processing extensive real-time patient data, Radial Analytics helps hospitals optimize the quality of care while reducing post-acute costs for shared-risk patients. The company is partially supported by the National Science Foundation, which aids in the development of technology aimed at creating positive societal and economic impacts.

Infinite Cooling

Grant in 2017
Infinite Cooling is a Massachusetts-based company focused on wastewater management and recycling, specifically targeting water scarcity issues. Founded in 2017, it has developed a technology that employs high-voltage electric fields to recapture and recycle significant volumes of water that would otherwise be lost through evaporation in industrial-scale facilities, including power plants and data centers. This innovative approach enables these facilities to reduce their overall water consumption and lower water treatment costs, thereby promoting more sustainable industrial practices.

Tactai

Grant in 2017
TACTAI is pioneering the world's first wearable device that enables users to touch and feel virtual objects with life-like realism. The company's patent-pending Dynamic Tactile Wave™ technology creates multi-modal experiences by fully engaging the user's senses and bringing touch, sound, and light together. The company's products help create compelling immersive experiences in Augmented Reality/Virtual Reality applications for gaming, e-commerce, training, film, architecture and education.

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.

Silverside Detectors

Grant in 2017
Silverside Detectors Inc. is a technology company. They develop nuclear radiation detection technologies to protect cities and citizens from nuclear terrorism. It designs and develops advanced and adaptable radiation detectors. These detectors can be installed in urban and transit infrastructure for nuclear detection. The company develops inexpensive thermal neutron detectors that can be a building block for large-area networked scanning and other future solutions for nuclear threat reduction. Silverside Detectors Inc was founded by Sarah Haig and Andrew Inglis in 2013; and is headquartered in Boston, Massachusetts.

VocaliD

Grant in 2017
VocaliD's award-winning technology generates high-quality, natural sounding voices within hours rather than months using cutting-edge machine learning techniques, proprietary voice blending algorithms, and a crowdsourced Voicebank.
Massachusetts Materials Technologies is an MIT spin-off dedicated to providing the support and resources required to develop innovative ideas into commercial products and technologies relating to the fields of materials, mechanics, and manufacturing. The company was founded in 2014 and is headquartered in Waltham, Massachusetts.

Optodot

Grant in 2017
Optodot Corporation develops components based on nanotechnology for energy storage, energy conservation, and energy generation markets. It offers NanoPore, a separator that utilizes a patented coating-based manufacturing process to make nano porous ceramic membranes; NPORE lithium ion battery separators; secure infrared coated films and laminates that are used for covert and forensic security applications in various asset security or product/document authentications; and window films. The company focuses on the development of products for lithium ion battery separator and organic solar cell markets; and optical communications, including optical switches, optical buffers, modulators, and photo detectors using optical chip and component technology to enhance optical transport networks. In addition, it provides intellectual property, product development, and contract services in the areas of coatings, as well as focuses on strategic partnerships and licensing to commercialize products for energy, security, and communications solutions. The company serves start-up companies, Global 50 companies, the Department of Defense, and the Department of Energy. It has a strategic partnership with Madico, Inc. The company was founded in 2000 and is based in Woburn, Massachusetts.

Via Separations

Grant in 2016
Via Separations, Inc. specializes in developing membrane-based products designed for the separation of industrial liquids in demanding environments. Founded in 2016 and located in Somerville, Massachusetts, the company utilizes a unique materials technology that significantly enhances energy efficiency, using ten times less energy than conventional separation methods. Its innovative platform improves selectivity between nano filtration solutes while ensuring membranes possess greater temperature stability, solvent resistance, and oxidizer tolerance. This approach aims to optimize industrial separation processes, contributing to more sustainable operational practices.

Heila Technologies

Grant in 2016
Heila Technologies is an MIT-born startup dedicated to simplifying the integration and operation of individual Distributed Energy Resources (DERs) and microgrids. It is focused on the commercialization of the Heila IQ Platform, a decentralized optimization system that reduces system complexity and cost. The company was founded in 2017 and is based in Somerville, Massachusetts.

Poly6 Technologies

Grant in 2016
Poly6 Technologies, Inc. offers digital manufacturing solutions to the biotechnology, aerospace, and electronics industry. The company manufactures its products through 3D printing technology. The company develops several stimuli-responsive materials systems that help hardware, software and materials to get integrated into established production processes. Poly6 Technologies, Inc. was incorporated in 2015 and is based in Boston, Massachusetts. As of September 30, 2019, Poly6 Technologies, Inc. operates as a subsidiary of WP CPP Holdings, LLC.

NewGrid

Grant in 2016
NewGrid is a software firm in the utilities industry, focused on the development and commercialization of topology optimization technologies. NewGrid’s software supports power operations and operations planning decision making including outage scheduling and coordination, seasonal contingency planning, remedial action plan and operating guide (Op. Guide) development, and congestion management. Our team is made of engineers, researchers, software developers and economists with years of experience in power systems and markets analysis and design. NewGrid’s founders are thought-leaders in the applications of topology optimization technology to power system operations. With DOE ARPA-E support, they led the first team to ever produce security-constrained topology re-configurations on large-scale RTO systems automatically, with short calculation times acceptable to system operators.

NewGrid

Grant in 2016
NewGrid is a software firm in the utilities industry, focused on the development and commercialization of topology optimization technologies. NewGrid’s software supports power operations and operations planning decision making including outage scheduling and coordination, seasonal contingency planning, remedial action plan and operating guide (Op. Guide) development, and congestion management. Our team is made of engineers, researchers, software developers and economists with years of experience in power systems and markets analysis and design. NewGrid’s founders are thought-leaders in the applications of topology optimization technology to power system operations. With DOE ARPA-E support, they led the first team to ever produce security-constrained topology re-configurations on large-scale RTO systems automatically, with short calculation times acceptable to system operators.

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.

SimulConsult

Grant in 2016
SimulConsult is a developer of a diagnostic and care planning platform aimed at reducing diagnostic errors and improving the accuracy of clinical assessments. The company's software provides a unified model that spans multiple medical specialties, allowing clinicians to generate comprehensive differential diagnoses that encompass both common and rare diseases. This tool assists healthcare professionals in identifying relevant clinical findings and appropriate tests, thereby facilitating a more efficient and reliable path to confirmed diagnoses. By enabling quicker and more accurate decision-making, SimulConsult enhances the quality of care provided to patients and aims to eliminate the frustrations associated with prolonged diagnostic processes.

NewGrid

Grant in 2016
NewGrid is a software firm in the utilities industry, focused on the development and commercialization of topology optimization technologies. NewGrid’s software supports power operations and operations planning decision making including outage scheduling and coordination, seasonal contingency planning, remedial action plan and operating guide (Op. Guide) development, and congestion management. Our team is made of engineers, researchers, software developers and economists with years of experience in power systems and markets analysis and design. NewGrid’s founders are thought-leaders in the applications of topology optimization technology to power system operations. With DOE ARPA-E support, they led the first team to ever produce security-constrained topology re-configurations on large-scale RTO systems automatically, with short calculation times acceptable to system operators.

Grapevine Logic

Pre Seed Round in 2015
Grapevine Logic, Inc. specializes in YouTube influencer marketing, connecting brands and agencies with content creators for effective sponsorship opportunities. The company offers a platform that enables marketers to book creators and analyze campaign performance, while also allowing brands to track sales, signups, and overall engagement. Grapevine Logic facilitates this collaboration through a dashboard where brands can submit creative briefs to its marketplace, receiving pitches from pre-qualified creators who promote their products or services for a fee. With a network of over 177,000 creators generating more than 6 billion monthly views, Grapevine Logic provides a comprehensive solution for brands seeking to leverage influencer marketing. Founded in 2011 and based in Boston, Massachusetts, Grapevine Logic operates as 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, known formally as MultiSensor Scientific, Inc., specializes in the development and manufacturing of advanced tools for detecting, visualizing, and quantifying methane leaks in the natural gas supply chain. The company offers a Leak Imaging and Quantification System (LIQS), which integrates infrared detection technology, sophisticated electronics, and an intuitive user interface. This system is designed to identify and assess methane emissions in real time, utilizing proprietary algorithms for accurate location and quantification. Kuva Systems also provides software solutions that generate color images of gas leaks, catering to the leak inspection and gas safety industries. Founded in 2015 and based in Cambridge, Massachusetts, the company is focused on enhancing gas detection and safety through innovative imaging technologies.

Ginkgo Bioworks

Series B in 2015
Ginkgo Bioworks, founded in 2008 and based in Boston, Massachusetts, specializes in biological engineering by designing, developing, and licensing custom microbes and organisms. The company focuses on discovering and producing a variety of molecules for applications in flavors, sweeteners, cosmetic ingredients, crop treatments, and pharmaceuticals. Additionally, Ginkgo Bioworks offers probiotic bacteria aimed at protecting against harmful infections and creates libraries of molecules for various uses. Its market reach includes sectors such as cultured ingredients, carbon mitigation, probiotics, and natural product discovery.

Jebbit

Venture Round in 2015
Jebbit has built the world’s first declared data platform. Our platform enables marketing and sales teams to create beautiful, mobile experiences aimed at capturing the most important consumer data an enterprise needs. Instead of relying on third-party data which is often highly inaccurate and incomplete, enterprise brands use Jebbit to capture consumer intentions, motivations, and preferences. Customers include travel, ecommerce, and sports brands such as Cathay Pacific Airways, LifeLock, and the New England Revolution. Jebbit was named one of the Top 25 Most Promising Companies in the World by CNBC, the Best Tech Culture in Boston 2016, and its cofounders are Forbes 30 Under 30 honorees. To learn how you can get started with a declared data strategy, visit www.jebbit.com.

AddiLat

Grant in 2015
AddiLat is an electronics process technology based company.

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 Inc.

Grant in 2015
HMSolution, Inc., a water technology company, develops water treatment systems that remove arsenic and other toxic contaminants from drinking water. It offers its systems for various drinking water applications, such as community water systems, beverage companies, agricultural companies, and households relying on wells that need a point-of-entry or point-of-use system. The company was founded in 2013 and is based in Providence, Rhode Island.

Energid Technologies

Grant in 2015
Energid Technologies provides software, products, and support to solve the most difficult robotics problems. Energid's robotics software simulates and controls kinematics and dynamics for all types of robotics applications, and their 3D machine vision software supports autonomy. Whether your challenge is in the field of medicine, agriculture, space-based systems, defense, or manufacturing, together they can solve it.

Hstar Technologies

Grant in 2015
Founded in 2007 by leading MIT roboticists, Hstar Technologies Corporation pursues groundbreaking robotics research and development with the support of private investors and more than $7 million in grants from the U.S. Small Business Innovation Research (SBIR) program. Hstar develops industry-leading robots to enhance automation quality in warehouse, healthcare and research settings, making improvements in the areas of automation intelligence, safety, flexibility and human productivity. Hstar's team is comprised of innovative, highly trained robotics engineers with more than thirty years of collective robotics development experience, including work with the MIT Computer Science and Artificial Intelligence (CSAIL) Laboratory, development of telerobotic surgery and artificial limb / biomimetic robot technology, and autonomous robotic systems.

Physical Sciences

Grant in 2015
Physical Sciences provides contract research and development services in a wide diversity of technical areas to both government and commercial users. It offers adaptive infrared imaging spectroradiometers, compact adaptive optics retinal imagers, CR-doped ZNSE crystals, GASSCAN miniature diode laser-based ambient gas sensors, hand-held line scanning laser ophthalmoscopes, hybrid LSLO/spectral domain OCT imagers, lyoflux mass flux monitors, orientation-patterned gallium arsenide frequency converter devices, pharmaceutical process analytical technology sensors, quantum cascade laser sensors, RMLD portable standoff hazardous gas detectors, sideview microplates, tracking scanning laser ophthalmoscopes, tracking optical coherence tomography imagers, multi-wavelength gas sensors, tunable diode laser gas sensors, water vapor dials, and more. Physical Sciences Inc. was founded in 1973 and is headquartered in Andover, Massachusetts.

Artaic

Grant in 2014
Artaic, LLC, established in 2007 and based in Boston, Massachusetts, specializes in designing and fabricating custom tile work for both commercial and residential markets. The company offers a wide range of mosaic and tile designs suitable for various applications including bathrooms, backsplashes, flooring, hotels, kitchens, lobbies, outdoor spaces, pools, and restaurants. In addition to its design services, Artaic provides installation services to clients. The company employs advanced technology, utilizing computer-aided design software, a cloud-based logistics system, and an innovative robotic mosaic assembly system to ensure precision and efficiency in its projects. Artaic has garnered support through investments from angel investors and corporate offices, as well as significant non-dilutive grant funding from various organizations.

Artaic

Grant in 2014
Artaic, LLC, established in 2007 and based in Boston, Massachusetts, specializes in designing and fabricating custom tile work for both commercial and residential markets. The company offers a wide range of mosaic and tile designs suitable for various applications including bathrooms, backsplashes, flooring, hotels, kitchens, lobbies, outdoor spaces, pools, and restaurants. In addition to its design services, Artaic provides installation services to clients. The company employs advanced technology, utilizing computer-aided design software, a cloud-based logistics system, and an innovative robotic mosaic assembly system to ensure precision and efficiency in its projects. Artaic has garnered support through investments from angel investors and corporate offices, as well as significant non-dilutive grant funding from various organizations.

Insightfil

Grant in 2014
Insightfil is dedicated to positively impacting patient outcomes by reducing medication errors, improving medication adherence (from norm of 40% to NIH goal of 75%), optimizing health professional time, and eliminating wasted drugs and packaging. They are delivering to the market with a unique “Personalized Wellness Portfolio” (PWP) that dispenses custom medication regimens. It is the first of its kind to connect the patient, clinic, and pill manufacturer in the administration of therapy.

GVD Corporation

Grant in 2014
GVD is an ultra-thin coating service provider specializing in vapor-deposited polymer coatings. Their solvent-free, low-temperature manufacturing process produces chemically pure polymer coatings that enhance customer products or manufacturing processes.

Xtalic

Grant in 2014
Xtalic Corporation, founded in 2005 and based in Marlborough, Massachusetts, specializes in the development, manufacture, and sale of advanced metal alloys designed to offer corrosion and wear resistance for various applications, particularly in mobile and enterprise electronics. The company provides innovative products such as XTRONIC, a barrier layer that enhances performance by resisting wear and corrosion, and LUNA, an alternative to gold finishes for electrical connectors. Xtalic's technology is characterized by its unique nanostructured metal coatings, which are produced through a robust electroplating process that allows for precise control at the nanometer scale. This approach not only improves the performance and aesthetic qualities of the coatings but also eliminates the use of hexavalent chromium, thereby minimizing environmental compliance costs and improving worker safety.

Ginkgo Bioworks

Grant in 2014
Ginkgo Bioworks, founded in 2008 and based in Boston, Massachusetts, specializes in biological engineering by designing, developing, and licensing custom microbes and organisms. The company focuses on discovering and producing a variety of molecules for applications in flavors, sweeteners, cosmetic ingredients, crop treatments, and pharmaceuticals. Additionally, Ginkgo Bioworks offers probiotic bacteria aimed at protecting against harmful infections and creates libraries of molecules for various uses. Its market reach includes sectors such as cultured ingredients, carbon mitigation, probiotics, and natural product discovery.
Persimmon Technologies Corporation develops, manufactures, and distributes atmospheric and vacuum robotics, vacuum modules, and automation systems in the United States. The company operates as a sales representative for Nidec Sankyo Corporation's atmospheric robotic products in the United States. It serves semiconductor, data storage, LED, OLED, solar, and flat panel display equipment markets. The company was founded in 2010 and is based in Wakefield, Massachusetts. As of March 31, 2017, Persimmon Technologies Corporation operates as a subsidiary of Sumitomo Heavy Industries, Ltd.

Curoverse

Seed Round in 2013
Curoverse, Inc. develops and operates a cloud based open source platform under the name Arvados for storing, organizing, analyzing, and sharing genomic data. Curoverse, Inc. was formerly known as Clinical Future, Inc. and changed its name to Curoverse, Inc. in December 2013. The company was incorporated in 2010 and is based in Boston, Massachusetts. As of August 3, 2017, Curoverse, Inc. operates as a subsidiary of Veritas Genetics International Ltd.

Harvest Automation

Series C in 2013
Harvest was founded by a seasoned technology executive and a trio of robotics experts. The Company now comprises a diverse, commited team with expertise in sales and marketing, engineering (software, hardware, electrical, mechanical), project management, and business operations.

Bevi

Grant in 2013
Bevi aims to eliminate waste from the production, shipping, and disposing of bottled beverages. We envision a future where a smarter platform (powered by the municipal water supply) transforms how beverages are delivered. It is an ambitious goal, but we are on it!

Loci Controls

Grant in 2013
Loci Controls, Inc. specializes in optimizing landfill gas collection through its innovative automated systems. The company has developed the Loci WellWatcher, which combines wellhead-mounted hardware with cloud-based monitoring and analytics to enhance the extraction of methane from landfills. By providing real-time monitoring of gas composition, pressure, temperature, and flow, Loci Controls has demonstrated the capability to increase gas collection by over 20%, thereby improving safety and reducing operational costs for landfill operators and energy utilities in the United States. The firm also employs patent-pending technologies and offers continuous monitoring alongside field service support, aiming to enhance profitability while addressing environmental, health, and safety concerns. Established in 2012 and based in Fall River, Massachusetts, Loci Controls is dedicated to advancing renewable energy production through efficient landfill gas management.

InsideTracker

Venture Round in 2013
InsideTracker, developed by Segterra, Inc., is a personalized health analytics platform founded in 2009 and based in Cambridge, Massachusetts. The company combines expertise from leading scientists, physicians, nutritionists, and exercise physiologists from institutions such as MIT, Harvard, and Tufts University. InsideTracker analyzes blood, DNA, and lifestyle factors to track key biochemical and physiological markers over time. Utilizing advanced algorithms and extensive scientific databases, the platform identifies optimal ranges for these markers and offers tailored lifestyle and nutrition recommendations. These interventions are designed to help individuals enhance their health, increase vitality, improve performance, and potentially extend lifespan. By empowering users with actionable insights, InsideTracker aims to enable people to take control of their health and achieve their wellness goals.

Artaic

Grant in 2013
Artaic, LLC, established in 2007 and based in Boston, Massachusetts, specializes in designing and fabricating custom tile work for both commercial and residential markets. The company offers a wide range of mosaic and tile designs suitable for various applications including bathrooms, backsplashes, flooring, hotels, kitchens, lobbies, outdoor spaces, pools, and restaurants. In addition to its design services, Artaic provides installation services to clients. The company employs advanced technology, utilizing computer-aided design software, a cloud-based logistics system, and an innovative robotic mosaic assembly system to ensure precision and efficiency in its projects. Artaic has garnered support through investments from angel investors and corporate offices, as well as significant non-dilutive grant funding from various organizations.

Ubiqi Health

Convertible Note in 2013
Ubiqi Health is a health information technology company that aggregates data from patients with chronic conditions with a focus on assessing effectiveness of treatment between visits through a portal. The company assists care providers in administering care to patients by providing a way to collect patient-reported symptoms and treatment information. It also facilitates members to communicate with their care providers by giving a way to track their symptoms and treatment patterns. Ubiqi Health was founded in 2009 and is based in Boston, Massachusetts.

SachSiSolar

Grant in 2013
SachSiSolar develops technology to reduce the costs of solar panels. The company provides manufacturers with an inexpensive retrofit for their production lines to increase the efficiency of solar panels. The technology will drive down the cost of high-efficiency photovoltaics and enable high-technology manufacturing in Massachusetts.

Vecarius

Grant in 2013
Vecarius is a company providing heat recovery solutions particularly in markets involving energy-intensive mobile or portable applications.

Energid Technologies

Grant in 2013
Energid Technologies provides software, products, and support to solve the most difficult robotics problems. Energid's robotics software simulates and controls kinematics and dynamics for all types of robotics applications, and their 3D machine vision software supports autonomy. Whether your challenge is in the field of medicine, agriculture, space-based systems, defense, or manufacturing, together they can solve it.

Fluidity Software

Grant in 2013
Fluidity Software enables teachers and students to easily create, solve, graph, and animate math and physics problems. Since 2005, Fluidity Software, Inc. has been researching, designing, developing, marketing, and selling state of the art education and scientific visualization systems aimed at revolutionizing the way people learn. Fluidity has achieved considerable success in acquiring funding from the federal government to pursue the research and development of its core products. This funding has come in the form of grants and contracts from the U.S. Department of Education, the National Institutes of Health (NIH), and the National Science Foundation (NSF).
Radiation Monitoring Devices (RMD) is the research business unit of Dynasil Corporation of America. Since 1974 RMD has been a world leader in providing innovative solutions across a broad range of security, medical and industrial applications, including radiation imaging and detection, nuclear instrumentation and non-destructive test equipment. RMD has technology practices in material science, radiation detection, digital imaging technology, magnetic imaging, laser optics and photonics.

CyGlass

Grant in 2013
CyGlass, Inc. provides network-centric dark threat detection solutions that allow uncovering, pinpoint, and respond to non-signature based cyber threats that have evaded traditional security controls. The company also offers a security solution that uniquely allows anticipating and acting upon the intention of cyber threat actors while an attack is evolving. The company was founded in 2000 and is based in Littleton, Massachusetts. As of February 20, 2020, CyGlass, Inc. operates as a subsidiary of Nominet UK, Ltd.

Intrinsix

Grant in 2013
Intrinsix Corp. is a privately held company that specializes in electronics and custom integrated circuit (IC) design engineering solutions. Catering primarily to the aerospace, automotive, and military industries, Intrinsix offers a range of services including metrics-based verification, architectural modeling, silicon realization, and chip drafting. The company focuses on the development of custom digital, analog, and mixed-signal integrated circuits, as well as sensors, system-on-a-chip solutions, and field-programmable gate array circuits. Through its engineering expertise, Intrinsix provides tailored solutions that meet the specific needs of its clients in these critical sectors.

Takachar

Grant in 2012
Takachar creates a network of waste management enterprises in Kenya that turn unmanaged agricultural residues into charcoal, a low-cost, non-toxic, and eco-friendly cooking fuel for low-income households. They have developed a series of low-cost (US$20), locally manufacturable technologies to enable waste-to-char conversion, which has been tested and refined in Kenya for the past 3 years. Since 2011, They have set up or directly helped 7 nascent and locally run waste-to-charcoal enterprises in Kenya, some of which have since even demonstrated operational profitability and paying customers. So far they have created about 100 jobs and sold 50 tons of eco-char. Moving forward, they are trying to prove the long-term financial viability of these enterprises, which, if successful, will be the basis of a franchise network.

Vsnap

Seed Round in 2012
Vsnap to make their customers feel special. It’s a simple system to record, share and measure short video messages, as a more personal alternative to text or email. Receiving a vsnap feels like the modern version of the handwritten notes your mom likes to send. That’s why the customers you vsnap take action 41% more than email recipients, and why they usually gush about your business to their networks. Vsnap is free, and you can use it from your smartphone, tablet or computer.

OwnerIQ

Venture Round in 2012
OwnerIQ, Inc. is a company that specializes in online advertising solutions, connecting brands, retailers, and manufacturers through second-party data. Founded in 2006 and headquartered in Boston, Massachusetts, with additional offices in several major cities, OwnerIQ aggregates online shopping behaviors from various sources to facilitate targeted advertising. The company offers several key solutions, including the CoEx data management platform, which allows retailers to turn their data assets into revenue-generating marketing channels. Additionally, OwnerIQ provides tools for brands to centralize their data access for co-branded campaigns and enables e-commerce partners to monetize their data through advertising. Its services include the Path to Purchase Targeting solution and various reporting tools, providing insights into consumer behavior and campaign performance. As of October 2019, OwnerIQ operates as a subsidiary of Inmar, Inc.

Artaic

Grant in 2012
Artaic, LLC, established in 2007 and based in Boston, Massachusetts, specializes in designing and fabricating custom tile work for both commercial and residential markets. The company offers a wide range of mosaic and tile designs suitable for various applications including bathrooms, backsplashes, flooring, hotels, kitchens, lobbies, outdoor spaces, pools, and restaurants. In addition to its design services, Artaic provides installation services to clients. The company employs advanced technology, utilizing computer-aided design software, a cloud-based logistics system, and an innovative robotic mosaic assembly system to ensure precision and efficiency in its projects. Artaic has garnered support through investments from angel investors and corporate offices, as well as significant non-dilutive grant funding from various organizations.