MassVentures

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

Charlie Hipwood

President and CEO

Charles Hipwood

Founder President and CEO

Vinit Nijhawan

Managing Director

Nicholas A. Pappas

Vice President

Stacy Swider

Vice President, Investments

Priya Yadav

Vice President, Investments

Past deals in Electronics

Notch Technologies

Grant in 2024
Notch Inc., located in Cambridge, Massachusetts, specializes in developing advanced metamaterial solutions that enhance antenna technology. The company's innovations enable electronically controlled beamforming, which improves communication ranges and performance. Additionally, Notch Inc. incorporates features that bolster cybersecurity, ensuring that their solutions not only optimize connectivity but also protect against potential threats. Through its cutting-edge technology, Notch Inc. aims to address the evolving needs of modern communication systems.

Advanced Silicon Group

Grant in 2024
Advanced Silicon Group is a nanotechnology company established in 2015, focused on commercializing innovative silicon nanotechnology developed by its employees. The company specializes in measuring host cell proteins in biomanufacturing, offering a range of technologies that include photovoltaics, lithium-ion batteries, microfluidics, and micro-electromechanical systems (MEMS). By leveraging silicon nanowire arrays, Advanced Silicon Group aims to enhance the performance of its clients' products while reducing costs, particularly through the development of next-generation biosensors that enable the simultaneous measurement of multiple protein concentrations.

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.

Feon

Seed Round in 2024
Feon develops new-molecule-based liquid electrolytes for lithium-ion and lithium-metal batteries.

Advanced Silicon Group

Grant in 2023
Advanced Silicon Group is a nanotechnology company established in 2015, focused on commercializing innovative silicon nanotechnology developed by its employees. The company specializes in measuring host cell proteins in biomanufacturing, offering a range of technologies that include photovoltaics, lithium-ion batteries, microfluidics, and micro-electromechanical systems (MEMS). By leveraging silicon nanowire arrays, Advanced Silicon Group aims to enhance the performance of its clients' products while reducing costs, particularly through the development of next-generation biosensors that enable the simultaneous measurement of multiple protein concentrations.

Feon

Grant in 2023
Feon develops new-molecule-based liquid electrolytes for lithium-ion and lithium-metal batteries.

Notch Technologies

Grant in 2023
Notch Inc., located in Cambridge, Massachusetts, specializes in developing advanced metamaterial solutions that enhance antenna technology. The company's innovations enable electronically controlled beamforming, which improves communication ranges and performance. Additionally, Notch Inc. incorporates features that bolster cybersecurity, ensuring that their solutions not only optimize connectivity but also protect against potential threats. Through its cutting-edge technology, Notch Inc. aims to address the evolving needs of modern communication systems.

Fourier

Grant in 2023
Fourier is a thermal management solutions ranging from high power density electronics to renewable energy to space applications.

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.

Pison

Grant in 2022
Pison Technology, Inc., established in 2016 and headquartered in Boston, Massachusetts, specializes in developing and marketing wearable devices. These devices are designed to capture and filter signals sent to the nervous system, primarily serving individuals with amyotrophic lateral sclerosis (ALS). Pison's innovative, non-invasive electroneurography (ENG) algorithms and sensor array technology aim to optimize cognitive and physiological capabilities through gesture control, with applications in cognitive enhancement, disease diagnosis, and improving overall quality of life.

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.

Pison

Grant in 2021
Pison Technology, Inc., established in 2016 and headquartered in Boston, Massachusetts, specializes in developing and marketing wearable devices. These devices are designed to capture and filter signals sent to the nervous system, primarily serving individuals with amyotrophic lateral sclerosis (ALS). Pison's innovative, non-invasive electroneurography (ENG) algorithms and sensor array technology aim to optimize cognitive and physiological capabilities through gesture control, with applications in cognitive enhancement, disease diagnosis, and improving overall quality of life.

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.

Pison

Series A in 2021
Pison Technology, Inc., established in 2016 and headquartered in Boston, Massachusetts, specializes in developing and marketing wearable devices. These devices are designed to capture and filter signals sent to the nervous system, primarily serving individuals with amyotrophic lateral sclerosis (ALS). Pison's innovative, non-invasive electroneurography (ENG) algorithms and sensor array technology aim to optimize cognitive and physiological capabilities through gesture control, with applications in cognitive enhancement, disease diagnosis, and improving overall quality of life.

Cala Systems

Grant in 2020
Altus Thermal, founded in 2019 and based in Boston, Massachusetts, focuses on transforming thermal energy solutions for residential settings. The company aims to enhance efficiency, comfort, and user experience while providing benefits to the electrical grid. Altus Thermal develops energy technology designed to electrify residential heating, cooling, and hot water systems. By maximizing performance and facilitating better integration with renewable energy sources and other distributed energy resources, the company enables homeowners to electrify their living spaces in an efficient and cost-effective manner.

Analog Photonics

Grant in 2020
Analog Photonics is an electronic company focused on the development of photonics integrated circuits and high-performance silicon products. The firm specializes in creating technologies for LiDAR and optical communications, aimed at facilitating high-speed communications. By utilizing a combination of silicon and silicon nitride as core waveguide layers, Analog Photonics designs application-specific integrated circuits that serve various sectors, including automotive, industrial, and defense. This innovative approach enables these industries to access advanced photonic components essential for modern applications.

Pison

Grant in 2020
Pison Technology, Inc., established in 2016 and headquartered in Boston, Massachusetts, specializes in developing and marketing wearable devices. These devices are designed to capture and filter signals sent to the nervous system, primarily serving individuals with amyotrophic lateral sclerosis (ALS). Pison's innovative, non-invasive electroneurography (ENG) algorithms and sensor array technology aim to optimize cognitive and physiological capabilities through gesture control, with applications in cognitive enhancement, disease diagnosis, and improving overall quality of life.

MicroContinuum

Grant in 2019
MicroContinuum offers precision micro-and nano-imprinting and patterning using patented roll-to-roll and batch manufacturing technologies. It y serves a range of clients, including Fortune 100 corporations, startups, and government labs, helping test and develop new nanostructured surfaces for the electronics, lighting, solar, energy harvesting, and health industries.

Uniqarta

Grant in 2018
Uniqarta specializes in the development of advanced technologies for manufacturing small, ultra-thin integrated circuits (ICs) that can be embedded into everyday materials like paper and plastic. By creating Smart Materials, the company eliminates the need for additional RFID labels, facilitating the advancement of the Internet of Things (IoT). Uniqarta's innovative approach employs laser-enabled assembly techniques, which replace traditional pick-and-place methods with a faster, more efficient massively parallel laser process. This technology addresses integration challenges associated with ultra-thin ICs, allowing electronics manufacturers to produce next-generation products effectively.

Metamagnetics

Grant in 2017
Metamagnetics specializes in developing radiofrequency and microwave products that aim to enhance the performance of mission-critical radar, communication, and power supply systems. The company offers a range of solutions, including auto-tuning filters, power electronics cores, ferrite circulators and isolators, ferrite phase shifters, high-power microwave components, and microwave ferrite filters. These products enable defense and commercial organizations to improve the efficiency, effectiveness, and overall performance of their security and surveillance systems while addressing critical factors such as size, weight, power, and cost. Through its innovative solutions, Metamagnetics supports clients in meeting the demands of modern communication and monitoring technologies.

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.

Metamagnetics

Grant in 2015
Metamagnetics specializes in developing radiofrequency and microwave products that aim to enhance the performance of mission-critical radar, communication, and power supply systems. The company offers a range of solutions, including auto-tuning filters, power electronics cores, ferrite circulators and isolators, ferrite phase shifters, high-power microwave components, and microwave ferrite filters. These products enable defense and commercial organizations to improve the efficiency, effectiveness, and overall performance of their security and surveillance systems while addressing critical factors such as size, weight, power, and cost. Through its innovative solutions, Metamagnetics supports clients in meeting the demands of modern communication and monitoring technologies.

AddiLat

Grant in 2015
AddiLat is a company focused on developing advanced electronics process technology, specifically in the realm of nano-particle printed electronics. This innovative technology facilitates the manufacturing of touchscreen sensors that offer superior optical performance while also being cost-effective. By streamlining the production of transparent conducting films, AddiLat's process eliminates several processing steps, resulting in significant savings in production costs and reduced development and lead times for manufacturers.

Xtalic

Grant in 2014
Xtalic Corporation, founded in 2005 and based in Marlborough, Massachusetts, specializes in developing and manufacturing advanced metal coatings for various applications, primarily in the electronics sector. The company offers innovative nanostructured coatings that enhance corrosion and wear resistance while providing exceptional aesthetics. Notable products include XTRONIC, a barrier layer designed to improve durability, and LUNA, which serves as a gold replacement for electrical connectors. Xtalic's electroplating process is environmentally friendly, eliminating the use of hexavalent chromium, thereby reducing compliance costs and safety risks for workers. By enabling clients to decrease reliance on expensive raw materials and replace hazardous substances, Xtalic contributes to more sustainable manufacturing practices in both decorative and functional metal finishing.

Persimmon Technologies

Grant in 2014
Persimmon Technologies Corporation, based in Wakefield, Massachusetts, develops, manufactures, and distributes advanced atmospheric and vacuum robotics, along with automation systems, primarily for the semiconductor, data storage, LED, OLED, solar, and flat panel display equipment markets. Founded in 2010, the company serves as a sales representative for Nidec Sankyo Corporation's atmospheric robotic products in the United States. With a focus on innovation, Persimmon Technologies offers vacuum robotics that provide distinct advantages through superior mechanical design, control technology, and advanced software. As of March 2017, it operates as a subsidiary of Sumitomo Heavy Industries, Ltd.

Intrinsix

Grant in 2013
Intrinsix Corp. is a privately held company that specializes in electronics and custom integrated circuit (IC) design engineering solutions. The company serves various industries, including aerospace, automotive, and military sectors. Intrinsix offers a range of services, including metrics-based verification, architectural modeling, silicon realization, and chip drafting. Its expertise encompasses the design of custom digital, analog, and mixed-signal integrated circuits, as well as sensors, system-on-a-chip products, and field-programmable gate array circuits.

SES

Grant in 2012
SolidEnergy Systems Corp. develops and manufactures rechargeable lithium metal batteries primarily for applications in drones, wearables, smartphones, and electric vehicles. Founded in 2012 and based in Woburn, Massachusetts, the company focuses on producing high-performance lithium metal batteries and supplying essential materials, such as anodes and electrolytes, to major lithium-ion cell manufacturers. These materials can be integrated into existing manufacturing processes, allowing for scalability without significant infrastructure investments. SolidEnergy's pilot-scale production caters to prototype demonstrations and specialized aerospace markets, while its future growth is aimed at mainstream sectors like consumer electronics and electric vehicles. Additionally, the company is involved in developing AI-powered safety algorithms and recycling solutions, positioning itself as an integrated battery manufacturer with a commitment to innovation and sustainability.

Continuum Photonics

Series C in 2004
Continuum Photonics specializes in the development of optical layer connectivity products designed for managing and switching fiber-based optical networks. The company focuses on providing manufacturers of optical networking equipment with innovative subsystems that enhance bandwidth capabilities and facilitate revenue-generating services at reduced costs. Key offerings include single-mode and multi-mode optical matrix switches, carrier optical monitor switches, and latching switches. Continuum Photonics is also advancing a novel photonic switch aimed at addressing various challenges related to the delivery and management of optically-transported bandwidth, which underscores its commitment to creating operational and economic efficiencies in the optical networking sector.

Continuum Photonics

Series B in 2002
Continuum Photonics specializes in the development of optical layer connectivity products designed for managing and switching fiber-based optical networks. The company focuses on providing manufacturers of optical networking equipment with innovative subsystems that enhance bandwidth capabilities and facilitate revenue-generating services at reduced costs. Key offerings include single-mode and multi-mode optical matrix switches, carrier optical monitor switches, and latching switches. Continuum Photonics is also advancing a novel photonic switch aimed at addressing various challenges related to the delivery and management of optically-transported bandwidth, which underscores its commitment to creating operational and economic efficiencies in the optical networking sector.

Global Communication Devices

Series B in 2001
Global Communication Devices is engaged in the design of fabless RF and mixed-signal ICs (integrated circuits) and RF and mixed-signal.

Continuum Photonics

Series A in 2000
Continuum Photonics specializes in the development of optical layer connectivity products designed for managing and switching fiber-based optical networks. The company focuses on providing manufacturers of optical networking equipment with innovative subsystems that enhance bandwidth capabilities and facilitate revenue-generating services at reduced costs. Key offerings include single-mode and multi-mode optical matrix switches, carrier optical monitor switches, and latching switches. Continuum Photonics is also advancing a novel photonic switch aimed at addressing various challenges related to the delivery and management of optically-transported bandwidth, which underscores its commitment to creating operational and economic efficiencies in the optical networking sector.

Global Communication Devices

Series A in 2000
Global Communication Devices is engaged in the design of fabless RF and mixed-signal ICs (integrated circuits) and RF and mixed-signal.

Highland Instruments

Highland Instruments is a developer of innovative medical devices focused on noninvasive brain stimulation technology. Founded in 2017 and based in Braintree, MA, the company is pioneering the ElectroSonic Stimulation technology, branded as ESStimâ„¢, aimed at treating brain-based movement disorders and managing chronic pain. Their technology also addresses conditions such as osteoarthritis of the knee, helping patients alleviate pain and enhance their quality of life.
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