MassVentures

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

Charles Hipwood

Founder, President and CEO

Charlie Hipwood

President and CEO

Vinit Nijhawan

Managing Director

Nicholas A. Pappas

Vice President

Stacy Swider

Vice President, Investments

Priya Yadav

Vice President of Investments

Past deals in Nanotechnology

AeroShield

Seed Round in 2024
AeroShield specializes in the production of super-insulating, nanoporous glass materials designed for energy-efficient windows. Utilizing silica aerogel, AeroShield's products offer optical clarity akin to traditional glass while delivering superior insulation, making them 50% more effective than conventional double-pane windows. This innovative approach not only enhances thermal comfort but also significantly improves energy performance, allowing window manufacturers to meet sustainability and compliance objectives. Additionally, the payback period for AeroShield's materials is up to five times faster than that of similarly performing windows, making them a compelling choice for the modern market.

Advanced Silicon Group

Grant in 2024
Advanced Silicon Group is a nanotechnology company founded in 2015, focused on commercializing innovative silicon nanotechnology developed by its employees. The company specializes in measuring host cell proteins in biomanufacturing, utilizing its advanced technology to enhance various applications, including photovoltaics, lithium-ion batteries, microfluidics, and micro-electromechanical systems (MEMS). Advanced Silicon Group is also engaged in the development of next-generation biosensors, leveraging silicon to enable multiplexed measurements that allow for the simultaneous detection of multiple protein concentrations. This capability aids clients in improving performance and reducing costs by integrating silicon nanowire arrays into their products.

Versatope Therapeutics

Grant in 2024
Versatope Therapeutics is a preclinical-stage biotechnology company that specializes in immuno-therapeutics aimed at enhancing vaccine potency and therapeutic delivery. The company has developed a proprietary bacterial factory nanoparticle technology that allows for the display of multiple epitopes. This innovative approach is designed to address challenges associated with strain-specific immunity, enabling the creation of a single vaccine capable of providing protection against multiple strains of influenza. By focusing on these advancements, Versatope aims to support biotechnology companies in their efforts to develop more effective vaccines.

Gel4Med

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

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.

Guardion

Grant in 2024
Guardion is a technology company specializing in advanced sensor technology, particularly in the development of radiation detectors that utilize the quantum properties of nanomaterials. This innovative approach allows Guardion to create low-cost, highly sensitive, and energy-efficient detectors suitable for large-scale deployment, especially in urban environments. The company focuses on applications that demand high sensitivity and miniaturization, providing analytical instruments and chemical detectors that serve various industries, including aerospace, healthcare, and national security. Guardion has received recognition for its contributions to the field, winning multiple awards such as the MassChallenge Gold Prize and the Technology in Space Prize from CASIS and Boeing. Additionally, the company participated in the inaugural cohort of the Techstars Autonomous Tech Accelerator, which is sponsored by the Air Force.

AeroShield

Convertible Note in 2023
AeroShield specializes in the production of super-insulating, nanoporous glass materials designed for energy-efficient windows. Utilizing silica aerogel, AeroShield's products offer optical clarity akin to traditional glass while delivering superior insulation, making them 50% more effective than conventional double-pane windows. This innovative approach not only enhances thermal comfort but also significantly improves energy performance, allowing window manufacturers to meet sustainability and compliance objectives. Additionally, the payback period for AeroShield's materials is up to five times faster than that of similarly performing windows, making them a compelling choice for the modern market.

Irradiant Technologies

Grant in 2023
Founded in 2020, Irradiant Technologies specializes in developing advanced lithography techniques for high-throughput microfabrication. Headquartered in Cambridge, Massachusetts, the company's core technology enables ultrafast three-dimensional assembly of diverse materials with nanoscale precision, facilitating innovation in photonic and optical components for telecommunications, computation, and sensing.

Gel4Med

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

Advanced Silicon Group

Grant in 2023
Advanced Silicon Group is a nanotechnology company founded in 2015, focused on commercializing innovative silicon nanotechnology developed by its employees. The company specializes in measuring host cell proteins in biomanufacturing, utilizing its advanced technology to enhance various applications, including photovoltaics, lithium-ion batteries, microfluidics, and micro-electromechanical systems (MEMS). Advanced Silicon Group is also engaged in the development of next-generation biosensors, leveraging silicon to enable multiplexed measurements that allow for the simultaneous detection of multiple protein concentrations. This capability aids clients in improving performance and reducing costs by integrating silicon nanowire arrays into their products.

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.

AeroShield

Grant in 2023
AeroShield specializes in the production of super-insulating, nanoporous glass materials designed for energy-efficient windows. Utilizing silica aerogel, AeroShield's products offer optical clarity akin to traditional glass while delivering superior insulation, making them 50% more effective than conventional double-pane windows. This innovative approach not only enhances thermal comfort but also significantly improves energy performance, allowing window manufacturers to meet sustainability and compliance objectives. Additionally, the payback period for AeroShield's materials is up to five times faster than that of similarly performing windows, making them a compelling choice for the modern market.

AeroShield

Grant in 2022
AeroShield specializes in the production of super-insulating, nanoporous glass materials designed for energy-efficient windows. Utilizing silica aerogel, AeroShield's products offer optical clarity akin to traditional glass while delivering superior insulation, making them 50% more effective than conventional double-pane windows. This innovative approach not only enhances thermal comfort but also significantly improves energy performance, allowing window manufacturers to meet sustainability and compliance objectives. Additionally, the payback period for AeroShield's materials is up to five times faster than that of similarly performing windows, making them a compelling choice for the modern market.

AeroShield

Seed Round in 2022
AeroShield specializes in the production of super-insulating, nanoporous glass materials designed for energy-efficient windows. Utilizing silica aerogel, AeroShield's products offer optical clarity akin to traditional glass while delivering superior insulation, making them 50% more effective than conventional double-pane windows. This innovative approach not only enhances thermal comfort but also significantly improves energy performance, allowing window manufacturers to meet sustainability and compliance objectives. Additionally, the payback period for AeroShield's materials is up to five times faster than that of similarly performing windows, making them a compelling choice for the modern market.

AeroShield

Venture Round in 2022
AeroShield specializes in the production of super-insulating, nanoporous glass materials designed for energy-efficient windows. Utilizing silica aerogel, AeroShield's products offer optical clarity akin to traditional glass while delivering superior insulation, making them 50% more effective than conventional double-pane windows. This innovative approach not only enhances thermal comfort but also significantly improves energy performance, allowing window manufacturers to meet sustainability and compliance objectives. Additionally, the payback period for AeroShield's materials is up to five times faster than that of similarly performing windows, making them a compelling choice for the modern market.

Metalmark Innovations

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

Quantum Diamond Technologies

Grant in 2020
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.

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.

Spero Devices

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

ZwitterCo

Grant in 2018
ZwitterCo specializes in advanced membrane solutions for the treatment of highly impaired wastewater, enabling the reuse and recycling of water resources in industrial applications. The company's innovative reverse osmosis and nanofiltration technologies address the challenges of treating historically unfilterable streams by preventing fouling caused by organic molecules. ZwitterCo's membranes are chlorine-tolerant, back-washable, and resistant to irreversible fouling, which enhances their longevity and performance. By transforming wastewater from a liability into a valuable resource, ZwitterCo helps clients manage their water treatment needs more economically and sustainably, reducing chemical demands and improving operational efficiency.

Metalmark Innovations

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

Quantum Diamond Technologies

Grant in 2018
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.

TelAztec

Grant in 2018
TelAztec specializes in manufacturing nano-textured optics, serving industries including semiconductors, medical devices, and automotive. Their products include optical filter microstructures for applications like liquid crystal displays, infrared sensors, advanced lithography systems, and passive optical filters.

Optodot Corporation

Grant in 2017
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.

Spero Devices

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

AddiLat

Grant in 2015
AddiLat is an electronics process technology company specializing in nano-particle printed electronics. It has developed an innovative manufacturing process for touchscreen sensors that offers superior optical performance while being cost-effective. This technology streamlines the production of transparent conducting films by eliminating several processing steps, which helps companies reduce both production costs and development time. By focusing on enhancing manufacturing efficiency, AddiLat positions itself as a key player in the electronics industry, particularly in the sector of touchscreen technology.

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
Founded in 2005, Xtalic specializes in developing and manufacturing unique nanostructured metal coatings that offer corrosion resistance, wear resistance, and improved appearance. Its patented electroplating process delivers premium performance across various applications, including decorative and functional metal finishing, electronics, waterproofing, and precious metal reduction. Notably, its products are free of hexavalent chromium, reducing environmental compliance costs and worker safety hazards.

NBD Nanotechnologies

Grant in 2013
NBD Nanotechnologies, Inc. is a manufacturer of surface wettability coatings and additives designed to enhance the performance of various materials. Founded in 2012 and headquartered in Lexington, Massachusetts, the company offers a diverse product portfolio that includes RepelShell, RepelFlex Antimicrobial, RepelFlex Soft-Touch, NanoGlue, RepelFlex Hard-Coat, Invisiprint, and RepelFlex Leather. These products are engineered to modify surface properties, improving functionalities such as heat transfer, condensation control, fog capture, de-misting, and anti-scaling performance. NBD Nanotechnologies focuses on providing innovative solutions that create ultra-durable and functional surface characteristics for glass and plastic materials, catering to a range of commercial partners.

Eascra Biotech

Eascra Biotech specializes in developing DNA-inspired, nanoparticle-based delivery systems for targeted therapeutic treatment. Their platform, based on Janus base nanomaterials, encapsulates and stabilizes various therapeutic agents like mRNA, siRNA, proteins, and gene-editing tools, enabling precise delivery to hard-to-reach tissues such as cartilage, kidneys, and solid tumors. This approach enhances therapeutic efficacy, reduces systemic exposure, and preserves bioactivity, offering a low-cost, scalable alternative to existing treatments for chronic conditions.
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