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 Early Venture Stage

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.

Kenmei

Series A in 2021
Kenmei Technologies SL is a Spanish company based in Paterna, Valencia, founded in 2018 by experts in telecommunications and software. The company specializes in data intelligence through machine-based decisioning, aimed at automating network operations and enhancing customer assurance. Kenmei offers a range of professional services, including network management, technology consulting, and data science analytics. Additionally, it provides network intelligence solutions that facilitate autonomous decisions and learning, thereby automating the classification, segmentation, and resolution of network issues across various operational levels. By addressing the growing complexity of network environments, Kenmei supports operators in navigating modern telecommunications challenges.

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.

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.

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.

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.

Pison

Grant in 2020
Pison is a human performance company optimizing cognitive and physiological capability through gesture control. It's a full-stack solution combine hardware, software, machine learning, and UX for AR industries and drones. Investors and partners include Special Forces, Air Force, Harris, First Round DRF, MIT, Draper, and NASA.

SicDrone

Grant in 2020
SICdrone is an aerospace company based in Portland, Oregon, that specializes in the manufacture of high-speed, high-stability tilt rotor drones designed for commercial applications. Founded in 2016, the company focuses on creating all-weather aerial flight systems capable of conducting structural and energy asset inspections, as well as aerial operations in challenging environments. These drones are engineered for maximum flight efficiency and enhanced mission capabilities, approaching speeds close to the FAA limit of 100 mph. SICdrone has established partnerships with various organizations to support projects in government, security, and agriculture, making it a key player in the drone services sector. The company also offers modular and interchangeable camera systems, facilitating aerial imaging and mapping for defense agencies.

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.

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.

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.

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.

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.

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.

Verdox

Grant in 2019
Verdox is dedicated to reversing climate change through the development and deployment of advanced technology. The company’s proprietary electro-swing process, developed at MIT, enables carbon dioxide and other acid gases to be captured with up to 80% less energy and 70% less cost than conventional approaches.

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.

Lumme Inc.

Grant in 2019
Lumme Inc. is a company that specializes in developing an addiction treatment platform that integrates wearable technology, machine learning, and behavioral psychology. Founded in 2014 and based in Amherst, Massachusetts, the platform is designed to function as a personal therapist, providing timely assistance to users. By utilizing sensors on smartphones and smartwatches, Lumme's technology detects, predicts, and prevents behaviors that negatively impact health, specifically targeting addictions to smoking, alcohol, and unhealthy diets. The company's innovative passive gesture recognition technology alleviates the challenges associated with self-monitoring, making it easier for users to manage their behaviors. Lumme Inc. markets its platform to health insurance companies and corporations, aiming to enhance wellness and support addiction recovery.

ePaint Company

Grant in 2019
ePaint Company develops specialty antifouling coatings for the United States Coast Guard, The United States Navy, NOAA, Woods Hole Oceanographic Institute, and the U.S Geological Survey. The ongoing research has resulted in three patents.
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.

Giner Labs

Grant in 2019
Giner Electrochemical Systems, LLC (GES) is a subsidiary of Giner, Inc., established May 2000, as an arms-length alliance between Giner, Inc. and General Motors Corporation (GM). GES is an independent business, majority-owned, controlled and operated by Giner, Inc. The alliance with GM allows us to help develop commercially-viable fuel cells for the next generation of transportation and stationary power systems. GES is also focused on the development and commercialization of related electrochemical technologies, including electrolyzers, sensors and capacitors for a range of applications.

Inkbit

Series A in 2019
Inkbit Corporation is a Medford, Massachusetts-based company that specializes in the research, development, and manufacturing of 3D printers. Founded in 2017, Inkbit focuses on creating a next-generation additive manufacturing platform that integrates machine learning and artificial intelligence with material jetting and machine vision. The company leverages the expertise of MIT-trained scientists and engineers in industrial systems, design software, and material science to advance opportunities in mass-market additive manufacturing. Through its innovative approach, Inkbit aims to enhance the capabilities and applications of 3D printing technology.

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.

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.

MachineMetrics

Series A in 2018
Our fully automated manufacturing analytics solution provides visualizations of real-time manufacturing production data, predictive notifications, as well as historical analytics, allowing factory workers to make faster, smarter, more confident decisions based on real-time data. We've simplified IoT for the shop floor and are empowering manufacturers with the easiest to use and simplest to integrate software on the market. MachineMetrics is driving manufacturing efficiency by more than 20% on average for our customers.

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.

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.

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.

Transaera

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

Dynamo Micropower

Grant in 2018
Dynamo Micropower Corporation specializes in developing fuel-flexible gas turbines designed for small distributed generation applications in the oil and gas industry. The company's notable products include PowerCore, which provides continuous power for oilfield operations, and Infernocore, a flameless turboheater. Dynamo's innovative turbine-based solutions offer grid-like power quality while significantly reducing energy costs, with the capability to operate on local unrefined gas, achieving savings of up to 80%. The company also delivers custom power solutions tailored to the specific needs of its clients, facilitating plug-and-play installation on flare gas. Dynamo has established a network of distributors and service partners to support its offerings. Founded in 2011 and based in Somerville, Massachusetts, Dynamo has successfully deployed multiple turbines for prominent customers in the industry.

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.

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.

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.

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.

Inq-ITS

Grant in 2018
Inq-ITS (www.inqits.com) are standards-aligned virtual labs for grades 5-10 science. They improve students' competency at science inquiry practices, and cut teachers' grading time by automatically scoring themselves. They want to help EVERY student learn science inquiry practices and critical thinking, and help empower EVERY educator to exceed new science standards. To be successful in the 21st Century, students need their education to go beyond rote memorization.The virtual science labs we create aim to help students to master the inquiry and critical thinking skills that will help them succeed in the classroom and beyond.

Ascend Elements

Grant in 2018
Ascend Elements specializes in the sustainable manufacturing of battery materials by utilizing elements extracted from discarded lithium-ion batteries. The company employs advanced hydro process recycling and direct recycling techniques to deconstruct old cathode materials at the atomic level, facilitating the creation of new cathode materials. This innovative approach allows clients to achieve a favorable return on assets while promoting economically viable recycling and affordable battery materials. Ascend Elements' patented Hydro-to-Cathode™ technology enhances the efficiency of producing new cathode materials from spent lithium-ion cells compared to traditional methods, leading to reduced costs, improved performance, and lower greenhouse gas emissions. Founded in 2015, Ascend Elements is positioned as a leader in transforming battery resource processing and sustainability in the industry.

ZwitterCo

Grant in 2018
ZwitterCo provides revolutionary membrane solutions for the treatment of highly-impaired wastewater.

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.
Titan Advanced Energy Solutions develops advanced battery management systems specifically for lithium-ion batteries. The company’s flagship product, ionView, utilizes patented ultrasound technology to achieve over 99% state-of-health and state-of-charge accuracy throughout the battery's lifespan. This technology offers significant enhancements, including at least a 20% increase in charge capacity and a 125% extension of battery life. Titan’s solutions also incorporate safety monitoring, real-time cell-level monitoring, and balancing capabilities, making them suitable for a variety of applications in the automotive, energy storage, and consumer electronics sectors. Founded in 2016 and headquartered in Somerville, Massachusetts, Titan Advanced Energy Solutions aims to provide significant advantages to manufacturers, integrators, and end-users while maintaining competitive pricing compared to traditional battery management solutions.

Medley Thermal

Grant in 2018
Developer of thermal electric systems intended to deliver clean and low-cost power. The company's electrification system adds an electric boiler in parallel to the existing boiler system and uses dispatching software to manage fuel switching between the boilers without disruption to the supply of steam, enabling industries to offset higher power costs and more emissions-intensive fuels and switch to clean steam energy.

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.

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.

Solchroma

Grant in 2018
Solchroma Technologies, Inc. specializes in the manufacture of full-color, reflective digital display screens designed for advertising applications. Founded in 2015 and headquartered in Somerville, Massachusetts, the company offers non-LED displays that possess sunlight reflective properties and high-quality color reproduction. These displays are particularly suitable for outdoor advertising and on-premise signage. Solchroma's innovative technology features a proprietary system utilizing electroactive polymer actuators, which function as hydraulic pumps to transfer colored ink from reservoirs to color filter chambers. By selectively absorbing ambient light through layered cyan, magenta, and yellow filters, the displays achieve grayscale effects by varying the visible amounts of ink, creating vibrant and dynamic visual presentations ideal for the smart cities of the future.

TelAztec

Grant in 2018
TelAztec is a manufacturer of surface relief microstructures that manipulate light.
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.

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.
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.

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.

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.

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.
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.

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.

Xilectric

Grant in 2017
Xilectric develops energy and environmental technologies with a focus on Li-ion technology.

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.

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.

Upstream Tech

Grant in 2016
Upstream Tech conserving freshwater by powering informed water market transactions.

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.

MTPV

Grant in 2016
MTPV Power Corporation is a clean energy company that focuses on innovations in Micron-gap ThermalPhotoVoltaics technology (MTPV). MTPV technology began development at MIT and Draper Laboratory before moving to the labs of MTPV Power Corporation. It was founded in 2003 and headquartered in Austin, Texas.

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.

Wright Electric, Inc.

Grant in 2016
Wright Electric, Inc. is building technologies for large commercial airplanes. The company is currently developing their flagship Airplane, the Wright 1, which will be a 186-seat single aisle airliner with an 800 mile range. The company hopes to achieve entry to service for the Wright 1 by 2030 and is working with commercial airlines including easyJet and VivaAerobus. In addition to the newly announced U.S. DOE’s ARPA-E funding, the company is funded by Y Combinator, the Clean Energy Trust and venture funds.

Cambrian Innovation

Grant in 2016
Cambrian Innovation is developing a portfolio of environmental solutions that help industrial, agricultural, and government customers save money while better managing and re-using their resources. Fueled initially by a 2006 NASA grant to explore how recent advances in bioelectricity can enhance water management in space, Cambrian has developed, scaled, and validated a pipeline of solutions that can recover resources from wastewater, eliminate energy input for wastewater treatment, radically reduce the cost of nitrate nitrogen treatment, and help agricultural operations monitoring their inputs more easily and efficiently.

MTPV

Grant in 2016
MTPV Power Corporation is a clean energy company that focuses on innovations in Micron-gap ThermalPhotoVoltaics technology (MTPV). MTPV technology began development at MIT and Draper Laboratory before moving to the labs of MTPV Power Corporation. It was founded in 2003 and headquartered in Austin, Texas.

Modular Genetics

Grant in 2016
Modular Genetics, Inc., a biotechnology company, designs and develops engineered microorganisms that synthesize chemicals using renewable raw materials (sugar). The company was founded in 2000 and is based in Woburn, Massachusetts.

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.

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.

Raven360

Series A in 2015
Content Raven, Inc. develops and offers cloud based content security and analytics software. The company's software enables content distribution controlling, video and audio encryption, and user behaviour analytics. Content Raven was founded in 2011 and is headquartered in Framingham, Massachusetts.

Boston Engineering

Grant in 2015
Boston Engineering delivers innovative and timely solutions by utilizing its Total System Responsibility™ (TSR) philosophy to meet demanding market needs. Through interdisciplinary teams, best practice strategies and seamless integration with client processes, Boston Engineering offers a complete solution that is both flexible and focused.

Evaptainers

Grant in 2015
Evaptainers, LLC manufactures electricity-free mobile refrigeration units. The company was founded in 2014 and is based in Somerville, Massachusetts.
Sandymount is a process technology company that serves leading beverage manufacturers. We focus on safety, quality, and responsiveness in delivering new solutions.

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.

Barrett Technology

Grant in 2015
Barrett Technology, LLC, founded in 1990 and based in Newton, Massachusetts, specializes in the design and manufacture of advanced robotic manipulators. The company has pioneered technology that enhances the flexibility of articulated arms and hands, establishing itself as a leader in this field. Barrett Technology's innovative manipulators are recognized for their versatility, catering to a wide range of applications across various industries. The company has achieved notable recognition, including a place in the Guinness Book of World Records for its cutting-edge manipulator technology.

Dynamo Micropower

Grant in 2015
Dynamo Micropower Corporation specializes in developing fuel-flexible gas turbines designed for small distributed generation applications in the oil and gas industry. The company's notable products include PowerCore, which provides continuous power for oilfield operations, and Infernocore, a flameless turboheater. Dynamo's innovative turbine-based solutions offer grid-like power quality while significantly reducing energy costs, with the capability to operate on local unrefined gas, achieving savings of up to 80%. The company also delivers custom power solutions tailored to the specific needs of its clients, facilitating plug-and-play installation on flare gas. Dynamo has established a network of distributors and service partners to support its offerings. Founded in 2011 and based in Somerville, Massachusetts, Dynamo has successfully deployed multiple turbines for prominent customers in the industry.

AddiLat

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

Erbi Biosystems

Grant in 2015
Erbi Biosystems is a transformative microfluidic bioprocess instrumentation company.

Tank Utility

Grant in 2015
With over $150 billion spent on delivered fuels (i.e. Propane, Heating Oil, Diesel, etc.) every year, fuel distribution companies struggle to efficiently plan deliveries with more than 50% of all delivery miles (or about 1/6th of total market spend) being unnecessary. Tank Utility uses real-time tank level measurements from IoT monitors and innovative business intelligence software to eliminate wasted delivery miles while helping fuel providers provide a better customer experience through greater transparency..

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.

Primaira

Grant in 2015
Primaira provides product development, engineering research, and specialized testing to amplify innovation in the appliance, consumer products, health & safety, and military industries.

EverVest

Grant in 2014
EverVest specializes in financial risk analysis and cash flow modeling software tailored for renewable energy investors. The company's web-based platform enables banks, investors, and developers to effectively analyze and structure financing for new renewable energy projects. Additionally, it offers enterprise risk management features that assist portfolio managers in making informed decisions, thereby promoting sustainable growth within the renewable energy sector.

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.

Flodesign Sonics

Grant in 2014
FloDesign Sonics is changing the separations and filtration markets through a novel acoustic technology. By leveraging breakthroughs in the use of 3D acoustic standing waves, FloDesign Sonics is able to capture, separate and purify without using physical membranes, chemicals, or centrifugation. Our proprietary technology has numerous applications in a variety of markets including life sciences, oil and gas, food and beverage and industrial processing. The first commercial application is in bioprocess separations where FloDesign Sonics is applying acoustic technology to the manufacturing of life saving bio-pharmaceuticals. For more information, contact info@fdsonics.com

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.