MassVentures

Electrified Thermal Solutions, founded in 2021 and based in Medford, Massachusetts, develops innovative energy storage technology. The company converts intermittent renewable electricity into constant heat using low-cost conductive ceramic blocks, enabling industrial sectors to replace fossil fuels with zero-carbon heat.

Adden Energy specializes in developing advanced lithium-metal, solid-state battery technologies. With proven rapid charge capabilities (as low as 3 minutes) and exceptional cycle life (over 10,000 cycles), the company aims to accelerate electric vehicle adoption globally, contributing significantly to a cleaner energy future.

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

Electrified Thermal Solutions, founded in 2021 and based in Medford, Massachusetts, develops innovative energy storage technology. The company converts intermittent renewable electricity into constant heat using low-cost conductive ceramic blocks, enabling industrial sectors to replace fossil fuels with zero-carbon heat.

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

Blaze Power operates as a lithium-ion battery materials manufacturer. It innovates and commercializes iron-based cathode materials to enable mass-market electrification in transportation and energy storage. The company is driven to industrialize these cathodes in purpose-built inflation reduction act-compliant facilities.

Florrent develops bio-based materials and high-energy-density supercapacitors derived from agricultural waste streams to address bottlenecks in decarbonization and electrification of transportation and buildings. Its technology aims to improve power quality and reliability while offering lower upfront and lifetime costs than conventional batteries, enabling commercial, industrial, and grid operators to enhance performance and support economic inclusion in underrepresented communities.

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

Electrified Thermal Solutions, founded in 2021 and based in Medford, Massachusetts, develops innovative energy storage technology. The company converts intermittent renewable electricity into constant heat using low-cost conductive ceramic blocks, enabling industrial sectors to replace fossil fuels with zero-carbon heat.

Eden is focused on developing a sustainable platform for natural resource recovery, aiming to create a carbon-neutral future. The company has introduced a novel method known as Pulsed Electrical Well Stimulation (PEWS), which is a patent-pending technology designed to replace traditional hydraulic fracturing. This innovative approach eliminates the need for water injection and addresses the logistical challenges and environmental risks associated with conventional fracking methods. By utilizing high-voltage electricity and proprietary modeling techniques, Eden enhances rock permeability with precision, facilitating effective resource extraction across various geological settings. This technology not only reduces costs but also minimizes the negative impacts typically associated with hydraulic fracturing, positioning Eden as a leader in environmentally responsible resource recovery.

Florrent develops bio-based materials and high-energy-density supercapacitors derived from agricultural waste streams to address bottlenecks in decarbonization and electrification of transportation and buildings. Its technology aims to improve power quality and reliability while offering lower upfront and lifetime costs than conventional batteries, enabling commercial, industrial, and grid operators to enhance performance and support economic inclusion in underrepresented communities.

Lithios is a technology company that uses electrochemistry for advanced lithium extraction from complex mixtures and untapped brine resources, applying electrochemical methods to capture and release lithium and enable low-cost, selective extraction for industries pursuing a sustainable, electrified future.

Aloft Systems specializes in maritime transportation through the development of innovative wind propulsion technology. This technology aims to reduce emissions and save fuel on existing vessels by utilizing direct wind propulsion. The company offers self-contained wind propulsion units that can be integrated into various ships, along with software that operates these units autonomously. This enables shipping companies to transport cargo efficiently along point-to-point routes, enhancing delivery reliability while significantly cutting emissions and eliminating fuel costs. Aloft Systems' commitment to zero-emission propulsion makes its solutions accessible to a wide range of vessels, positioning it as a leader in sustainable maritime transportation.

Eden is focused on developing a sustainable platform for natural resource recovery, aiming to create a carbon-neutral future. The company has introduced a novel method known as Pulsed Electrical Well Stimulation (PEWS), which is a patent-pending technology designed to replace traditional hydraulic fracturing. This innovative approach eliminates the need for water injection and addresses the logistical challenges and environmental risks associated with conventional fracking methods. By utilizing high-voltage electricity and proprietary modeling techniques, Eden enhances rock permeability with precision, facilitating effective resource extraction across various geological settings. This technology not only reduces costs but also minimizes the negative impacts typically associated with hydraulic fracturing, positioning Eden as a leader in environmentally responsible resource recovery.

Zero Homes operates a home electrification marketplace that enables homeowners to plan, purchase, and schedule electrification projects. The platform offers electrification guidance through virtual home energy assessments, decarbonization roadmaps tailored to each residence, and scoped, priced projects designed to deliver all-electric upgrades without on-site visits. By combining planning tools, transparent pricing, and scheduling capabilities in a single digital platform, Zero Homes helps homeowners access retrofits that improve comfort, reduce emissions, and simplify the transition to electric systems.

Adden Energy specializes in developing advanced lithium-metal, solid-state battery technologies. With proven rapid charge capabilities (as low as 3 minutes) and exceptional cycle life (over 10,000 cycles), the company aims to accelerate electric vehicle adoption globally, contributing significantly to a cleaner energy future.

Ascend Elements specializes in manufacturing advanced battery materials using recycled lithium-ion batteries. It employs hydroprocess recycling and direct recycling methods to create new cathode materials from old ones, contributing to a more sustainable electric vehicle industry.

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.

FLxDER creates a prototype of its cloud-based software to optimize electric fleet vehicle charging so as to reduce electric grid impacts and costs, and coordinate operation with other distributed energy resources.

Lydian Labs manufactures renewable energy equipment from industrial plants, landfills or directly from air.

SYSO Technologies specializes in end-to-end management technology and services for renewable energy and storage assets. Its cloud-based platform employs artificial intelligence to optimize control and management of photovoltaic, wind, and storage assets, enhancing revenue generation, cost reduction, and reliability.

Giner is a technology company focused on electrochemical systems and proton-exchange membrane technologies. It develops commercially viable fuel cells for transportation and stationary power through its electrochemical systems arm, and pursues related technologies such as electrolyzers, sensors and capacitors. In collaboration with General Motors, a portion of its operations supports an alliance to advance fuel-cell solutions. Giner also designs and fabricates components and subsystems including catalysts, membrane-electrode assemblies, screen assemblies and gaskets, enabling environmental sensing applications that detect heavy metals such as arsenic, chromium, cadmium and uranium at parts-per-billion levels. The company aims to reduce greenhouse gas emissions and expand the use of PEM-based devices across energy and sensing applications.

Ascend Elements specializes in manufacturing advanced battery materials using recycled lithium-ion batteries. It employs hydroprocess recycling and direct recycling methods to create new cathode materials from old ones, contributing to a more sustainable electric vehicle industry.

Titan Advanced Energy Solutions, Inc. is a developer of advanced battery management systems specifically for lithium-ion batteries. Founded in 2016 and based in Somerville, Massachusetts, the company utilizes patented ultrasound technology to enhance battery performance, achieving over 99% accuracy in state of health and state of charge assessments. This technology offers substantial benefits, including a minimum 20% increase in charge capacity and a 125% extension in battery life, while also providing real-time monitoring and balancing at the cell level. Titan's solutions cater to various industries, including electric vehicles, stationary energy storage, mobile devices, and battery manufacturing. Their ionView technology is competitively priced compared to traditional systems, delivering significant advantages to manufacturers, integrators, and end-users in the automotive and consumer markets, thereby contributing to the electrification and decarbonization efforts for a sustainable future.

Optodot Corporation develops nanotechnology-based components for energy storage, energy conservation, and energy generation markets. Its product suite includes NanoPore, a ceramic nano-porous separator produced through a patented coating-based process, and NPORE lithium-ion battery separators, along with infrared-coated films and laminates used in covert and forensic security applications and window films. The company focuses on lithium-ion battery separators and organic solar cell markets, and on optical communications technologies such as optical switches, buffers, modulators, and photodetectors built on optical chip and component technology to improve optical transport networks. Optodot also offers intellectual property, product development, and contract coating services and pursues strategic partnerships and licensing to commercialize products for energy, security, and communications solutions. Its customers include startups and large enterprises, as well as government agencies like the Department of Defense and the Department of Energy. The company has a strategic partnership with Madico, Inc. since its operations began in 2000 and is headquartered in Woburn, Massachusetts.

Xilectric is a company that specializes in developing advanced energy and environmental technologies, particularly in the area of lithium-ion battery systems. It focuses on enhancing the abuse tolerance of these batteries, enabling them to withstand high voltage, high temperatures, and rapid charging processes. Xilectric also produces a new class of low-cost rechargeable batteries based on nickel-iron technology, which minimizes electrolyte degradation and enhances operational performance in extreme weather conditions. This innovation provides electric vehicle manufacturers with durable and reliable battery solutions, ensuring improved safety and longevity for their products.

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

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

Vecarius is an energy efficiency in mass markets with broad societal impact, particularly in markets involving energy-intensive mobile or portable applications. They offer power management systems, thermal management systems, power electronics, advanced heat exchangers, and waste heat recovery.

Thermeleon specializes in energy-efficient greenhouse solutions. Their core product is a next-generation screening system that passively cools and heats greenhouses. This system integrates thermal energy storage, absorbing excess heat during the day and releasing it at night, significantly reducing both gas costs and CO2 emissions.

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.

Takachar is a company focused on transforming agricultural waste into valuable products, particularly eco-friendly cooking fuel. Operating primarily in Kenya, it has developed low-cost technologies that enable the conversion of unmanaged agricultural residues into charcoal, a non-toxic and affordable energy source for low-income households. Over the past three years, Takachar has established or assisted seven locally run waste-to-charcoal enterprises, some of which have achieved operational profitability. The company has successfully created approximately 100 jobs and sold 50 tons of its eco-char product. By utilizing oxygen-lean torrefaction reactors, Takachar helps farmers reduce waste through recycling, allowing them to generate additional income while preventing open burning of agricultural residues. The company aims to demonstrate the financial sustainability of these enterprises as a foundation for expanding its franchise network in the future.

ThermoEnergy Corporation, founded in 1988 and headquartered in Worcester, Massachusetts, focuses on the commercialization of innovative wastewater treatment systems and carbon-reducing power generation technologies. The company utilizes its Controlled Atmosphere Separation Technology (CAST) platform to offer a range of solutions, including systems for treating brackish and natural water sources, recovering wastewater for reuse, and ensuring compliance with regulatory mandates. Key products include Turbo CAST, a heat recuperation technology, and Mobile CAST, a self-contained wastewater processing system. Additionally, ThermoEnergy develops processes for ammonia recovery, renewable energy generation from waste-activated sludge, and enhanced biogas production from animal waste. The company is also known for its patented pressurized oxycombustion technology, which enables the conversion of fossil fuels and biomass into electricity while minimizing air emissions and capturing carbon dioxide. ThermoEnergy serves various industries, including metal finishing, petrochemical, food processing, and municipal wastewater applications, positioning itself as a leader in sustainable water treatment and clean energy solutions.