Department of Energy — 2023 Investments
85 investments dated 2023 · listed companies and verified rows first · show all
Blue Biofuels develops biofuel technologies and solutions, with expertise spanning process scale-up, engineering, and commercialization.
AgTechBiotechCleantechEnergyPalm Beach Gardens, US
Anthony Santelli II(Executive Officer, Director)Benjamin Slager(CEO / Chairman)inDaniel De Liege(Executive Officer, Director)David Matthews(Executive Officer, Director)Anthony Santelli(CFO / Board Member)in
BoardChris Kneppers(Director)
Narion Corporation develops combustion efficiency and safety monitoring technologies, particularly for flammability detection across aerospace, oil & gas, and chemical industries.
CleantechEnergyHardwareIoTSeattle, US
ACM manufactures net-shape mandrels using FastCore technology for composite processing, with materials approved for aerospace applications.
Advanced ManufacturingDefense TechHardwareNew MaterialsTucson, US
Advanced Ceramics Research (ACR) Inc. founders
AeroShield is a materials science company that developed an ultra-clear silica aerogel, originating from research at MIT, aimed at improving the energy efficiency of buildings.
Advanced ManufacturingCleantechEnergyNew MaterialsCambridge, US
Elise Strobach(CEO & Co-founder)inKyle Wilke(CTO & Co-founder)inAaron Baskerville-Bridges(VP of Operations & Co-founder)in
BoardSusan Stewart(Director)Brandon Tinianov(Director)inStephen Venuto(Director)
Co-investorsClean Energy VentureIdeashipMassMutual VenturesMassVenturesSBXi
Alitheon's FeaturePrint is an optical-AI technology that identifies and authenticates individual physical items by analyzing their inherent surface features without requiring labels, barcodes, or tags.
AI & Machine LearningBellevue, US
David Ross(Executive Officer, Director)inRoei Ganzarski(Executive Officer, Director)Roei G.inScot Land(Executive Officer, Director, Promoter)
BoardMarcus Behrendt(Director)inRoss Collins(Director)
Co-investorsBMW i VenturesEmerald Technology Ventures AgIPD CapitalShasta Ventures
Aquila Group provides specialized solutions and research & development services, including asset protection, military and medical dosimetry, international safeguards, and manufacturing prototyping.
Advanced ManufacturingCloud ComputingCybersecurityDeep TechDefense TechEnterprise SoftwareHardwareAlbuquerque, US
Judy Beckes Talcott(President)Steve Kadner(Executive Vice President)Mike White(Vice President)Markku Koskelo(Chief Scientist)Mike Moran(Operations Manager)Aaron Jaramillo(Vice President of Business Development)
Arbor develops advanced lithium-ion battery technology offering sub-10-minute charging, higher energy density, and improved cold-temperature performance, designed to integrate into existing manufacturing lines.
CleantechEnergyNew Materials
Building scalable quantum computers with reduced complexity and cost to reach error correction at scale.
Cambridge, US
Bharath Kannan(Executive Officer)inSimon Gustavsson(Director)in
Co-investorsBlindspot Ventures Management CoChalmers Ventures ABGlasswing VenturesMassVenturesNeotribe VenturesThe E14 Fund+3 more
BEAM Co. designs and manufactures optical components and photonics systems, including diffractive waveplates, beam steering systems, and optical characterization equipment for defense, aerospace, and industrial applications.
Deep TechDefense TechHardwareOrlando, US
Nelson Tabiryan(Co-founder)Boris Zeldovich(Co-founder)
Bluestem Biosciences uses an industrial fermentation process with an engineered yeast strain to convert American corn into 3-hydroxypropionic acid (3-HP) and other platform chemicals, offering a domestic alternative to petroleum-based production.
BiotechCleantechNew MaterialsOmaha, US
Cameron RylanceinWilliam Hagstrom(Executive Officer, Director)
Co-investorsInvest NebraskaZero Infinity Partners
Carter Wind Energy designs, engineers, and manufactures light-weight, self-erecting two-blade wind turbines, initially targeting small wholesale and industrial distributed-generation installations for harsh and remote locations.
CleantechEnergyHardware
Jay Carter Sr.(Inventor / Founder)Matt Carter(President & CEO)Jay Carter Jr.(CTO)in
Applied Carbon develops mobile robots that convert agricultural crop residues into biochar in the field, sequestering carbon while improving soil health for farmers.
AgTechClimate TechRobotics
Co-investorsEndeavor8Graph Ventures
A company focused on solving problems in the power, energy, and electric motor industry.
EnergyHardware
CPS is a technology and manufacturing company that produces high-performance energy management components used in the electrification of applications such as electric trains, wind turbines, electric and hybrid vehicles, the smart grid, and 5G infrastructure.
Advanced ManufacturingDeep TechDefense TechEnergyHardwareNew Materials
Daniel C. Snow(Board Member)Chris Fraser(Chief Financial Officer)James Cavoli(Chairman)Joe Englin(Director of Business Development)
Middleburg, US
Jay M. Cohen(Chief Operating Officer and Director of the Issuer)Dr. Gene W. Ray(Executive Officer, Director)Mike Goll(Vice President and Chief Financial Officer of the Issuer)
BoardRobert Raymond(Director)Stuart J. Rabin(Director)Pasquale D'Amuro(Director)
Dover Microsystems develops CoreGuard, silicon IP that integrates with RISC processor architectures to monitor executed instructions and block network-based cyberattacks, software vulnerabilities, and safety violations.
CybersecurityHardwareIoTSemiconductorsWaltham, US
Jonathan B. Rosenberg(Executive Officer, Director)Jothy Rosenberg(Founder & Executive Chairman)inJohn MacPhee(Executive Officer)inGreg Sullivan(Chief Scientist (former))in
BoardVivjan Myrto(Director)inKaigham Gabriel(Director)
Co-investorsDellin InvestmentsDuke Capital PartnersSilicon CatalystVU Venture PartnersHyperplane Venture CapitalQualcomm Ventures
GWT provides independent inspection and quality assurance services for wind turbine blades, from manufacturing through pre-installation, using advanced diagnostic techniques to validate blade integrity for owners, operators, and lenders.
Advanced ManufacturingCleantechEnergyHardwareUnited States, US
Infranergy provides integrated clean energy and infrastructure solutions—including utility-scale solar and battery systems, AI datacenter power, and AI-powered virtual power plant software (SolbloX)—for government agencies, utilities, hyperscale data centers, investment funds, and commercial clients.
AI & Machine LearningCleantechClimate TechE-commerceEnergyWellington, US
Uche C. Isiugo Jr., PhD(Founder)in
Co-investorsTechstarsPlug and Play Ventures
Ion Power distributes Nafion products—ion exchange membranes, dispersions, and resins—manufactured by The Chemours Company for use in fuel cells, electrolytic processes, and acid catalysis applications.
CleantechDeep TechEnergyNew MaterialsTyrone, US
Stephen Grot Ph.D
ION Storage Systems develops solid-state battery technology, including its Cornerstone cell, and ships samples to consumer electronics manufacturers.
CleantechDeep TechEnergyNew MaterialsColumbia, US
Dr. Eric Wachsman(Executive Chair & Co-founder)Jorge Diaz Schneider(CEO)Ravi Abbineni(Chief Financial Officer)
Co-investorsTEDCOAlsop Louie PartnersAlumni VenturesLeonid Capital PartnersVoLo Earth VenturesToyota Ventures
Iris Light develops photonic inks based on nanomaterials that enable integration of light-emitting and light-detecting components directly onto silicon wafers, addressing manufacturing bottlenecks in silicon photonics and infrared imaging.
Advanced ManufacturingDeep TechHardwareNew MaterialsSemiconductorsChicago, US
Chad Husko, Ph.D.(Founder)in
Co-investorsEvergreen Climate InnovationsTechstarsThird Derivative
Kalsi Engineering provides consulting engineering services including structural analysis, design, and mechanical testing for equipment and structures across power generation, oil and gas, aerospace, and defense industries.
Advanced ManufacturingDeep TechEnergyEnterprise SoftwareHardwareSugar Land, US
Dr. M.S. Kalsi
Kepner Products Company designs and manufactures precision control valves with proprietary flexible seal seat technology for industrial applications.
Advanced ManufacturingHardwareChicago, US
Management Sciences, Inc. develops defense and aerospace software products for secure communications, health monitoring, and condition-based maintenance on mobile and embedded systems.
AI & Machine LearningDeep TechDefense TechEnterprise SoftwareHardwareAlbuquerque, US
Kay Blemel(Founder)Marlene K. Blemel(Founder)
Marel builds ultra-compact power-conversion building blocks — power modules and power stacks — that integrate semiconductor packaging and cooling to reduce the size, weight, and cost of high-power converters, inverters, and breakers.
EnergyHardwareSemiconductors
Amrit Vivekanand(Chief Executive Officer)inGarry Miller(Chief Operating Officer)inIan Byers(Chief Technology Officer)in
Co-investorsBacchus Venture CapitalEvergreen Climate InnovationsIcebook Investments Corp.Michigan Rise
MATSYS provides advanced materials development, processing, and handling services for defense, energy, and pharmaceutical industries through in-house capabilities in synthesis, prototyping, and manufacturing.
Advanced ManufacturingDefense TechNew Materials
memQ develops quantum networking technology that entangles matter qubits with light to connect multiple quantum systems, building an extensible quantum network architecture using integrated photonics and advanced materials.
Deep TechHardwareQuantum Computing
Sean Sullivan(Founder)in
Co-investorsEdenBaseExposition VenturesHyde Park Venture PartnersOcean Azul PartnersQuantonationTranspose Platform Management
MOVA develops air filtration and gas separation technology that captures harmful air pollutants and converts them into valuable resources for reuse or reintegration into supply chains.
AgTechCleantechClimate TechNew MaterialsPulaski, US
Steven Critchfield(Executive Officer, Director)inWilliam R. Seitz(Executive Officer, Director)John Schott(Executive Officer)
BoardAnn Norris(Director)Marty Muscatello(Director)Russell Ellis(Director)
Multi3D LLC produces Electrifi, a conductive 3D printing filament designed for low-voltage electronics applications including LED circuits, sensors, and gaming controllers, as well as RF shielding and antenna components.
Advanced ManufacturingDeep TechHardwareNew Materials
Nano-C develops and manufactures engineered nanostructured carbon materials for high-performance applications, including perovskite and thin-film solar, advanced semiconductor lithography, and EV batteries.
EnergyNew MaterialsSemiconductorsWestwood, US
Viktor R. Vejins(Executive Officer, Director)inPeter De Roetth(Director)Christopher Cheever(Director)inJohn Grover(Director)John F. Cogan, Jr.(Director)
BoardRaymond S. Stata(Director)
Co-investorsBoston Harbor AngelsFontinalis Partners
Nanoionix develops EcoCer, a class of permanent, self-disinfecting ceramic materials and coatings that continuously inactivate bacteria, viruses, fungi, and algae without leaching into the environment.
CleantechDeep TechNew Materials
Larry Dubois(Founder)in
Co-investorsConnecticut Innovations
Palladias develops specialized extraction and sequestration materials, including resins for lithium extraction, iodine sorbents, and expertise in radiopharmaceutical isotope applications.
Circular EconomyCleantechDeep TechDefense TechNew Materials
Ben Warner(President)
Phase III Physics provides scientific computing and advanced materials R&D infrastructure, delivering physics-informed models, neuromorphic and machine-learning analyses, thin-film coatings, and prototype systems.
AI & Machine LearningDeep TechNew Materials
Piasecki Aircraft Corporation designs, manufactures, and flight-tests experimental rotorcraft and unmanned aerial vehicles for defense and research applications.
Deep TechDefense TechHardwarePhiladelphia, US
John Weyerhaeuser Piasecki(President and Chief Executive Officer)Frederick Weyerhaeuser Piasecki(Chairman of the Board and Chief Technology Officer)
Picogrid provides software and edge computing networks to integrate heterogeneous sensors, drones, and autonomous systems for real-time command and control across defense and wildfire detection applications.
AI & Machine LearningDefense TechGovTechIoTRoboticsEl Segundo, US
Zane Mountcastle(Executive Officer, Director, Promoter)inMartin Slosarik(Executive Officer, Director, Promoter)in
BoardDavid Cowan(Director)in
Co-investorsAlumni VenturesBasecamp FundBessemer Venture PartnersInitialized CapitalWashington Harbour PartnersCredo Ventures+2 more
Pitch Aeronautics provides a weather intelligence platform for electric utilities, combining line-mounted sensors (WireWarrior), drone-based deployment (Astria), and an AI platform (WireWeather) that produces probabilistic weather forecasts.
Advanced ManufacturingAI & Machine LearningCleantechClimate TechEnergyPropTechBoise, US
Zachary Adams(Chief Executive Officer)Ian Gibson(President)inDavid Bennett(Director)
BoardPhilip A Bradley(Director)
Co-investorsTechstars
North American Corporation is a distributor of janitorial and maintenance supplies, industrial packaging materials and equipment, and foodservice disposables, offering customized supply solutions to businesses.
Advanced ManufacturingLogistics & Supply Chain
Morrisville, US
David P. Nackashi(Director, Executive Officer)inJohn Damiano, Jr.(Director, Executive Officer)Michael Zapata, III(Director, Executive Officer)Steve Capps(Director)Rajeev Kulkarni(Director)
Co-investorsNC IDEA
Dara Systems builds stress-testing methodologies and decision-support tools that help infrastructure operators, federal agencies, and international bodies assess and improve resilience across complex systems including critical infrastructure, cyber systems, and supply chains.
AI & Machine LearningClimate TechDefense TechEnterprise SoftwareGovTech
Benjamin Trump(Chief Executive Officer)Josh Trump(Technical Lead - Stress Testing)
Scion Plasma develops and manufactures plasma-based equipment including ion sources, magnetron sputtering cathodes, and simulation software for thin-film deposition and surface engineering applications.
Deep TechHardwareNew MaterialsSemiconductorsEast Lansing, US
Sentar provides cybersecurity and cyber risk management solutions for organizations seeking to protect critical infrastructure, data, and connected systems.
AI & Machine LearningCybersecurityDefense TechEnterprise SoftwareColumbia, US
Bridget McCaleb(Catalyst and CEO)
Shine Fusion develops nuclear technology solutions aimed at building a more sustainable world.
CleantechDeep TechEnergyMedical DevicesMadison, US
Greg Piefer(Founder and CEO)in
Co-investorsAlumni VenturesKoch Disruptive TechnologiesNucleation CapitalNV NOM
TelAztec develops nano-textured optical coatings using proprietary etching technology applied directly to bulk optical materials, serving industrial, aerospace, defense, medical, and quantum computing applications.
Advanced ManufacturingDeep TechHardwareNew MaterialsBurlington, US
TS-Nano develops polymer nanocomposite and nanotechnology materials for wellbore sealing and infrastructure applications, working with oil and gas operators, service partners, and regulators.
Deep TechEnergyNew MaterialsAlbuquerque, US
Mahmoud Taha(Chief Executive Officer & Founder)inJohn Stormont(Chief Technology Officer & Founder)inDaniel Heras Murcia(VP, Engineering & Founder)inBernard Leung(Chief Application Officer & VP, Canada)inKary Ann Taha(VP, Business Operations)in
Co-investorsMedTech Actuator
Veracity Nuclear develops advanced modeling and simulation software for nuclear reactor analysis and fuel performance, serving utility companies, reactor vendors, and government entities in the nuclear power industry.
AI & Machine LearningDeep TechEnergySaaS
Dave Kropaczek(Chief Executive Officer)Benjamin Collins(Chief Technology Officer)
Vescent develops photonics and quantum hardware, including frequency combs, lasers, controllers, and optical atomic clocks, along with laser stabilization and cold atom science solutions.
Deep TechHardwareQuantum ComputingGolden, US
Scott Davis(CEO & Co-Founder)inMike Anderson(Founder)inSCOTT ROMMEL(COO & Co-Founder)inMARK WIPPICH(Director)
Co-investorsCaruso VenturesMassive
VIA provides Web3 technologies to the U.S.
AI & Machine LearningCrypto & Web3CybersecurityData & InfrastructureDefense TechEnergySomerville, US
Katherine Ravanis(Executive Officer)John(Co-inventor of core platform)Colin Gounden(CEO)
BoardAdam Jackson(Director)Alan Parnass(Director)Danny Cotter(Director)in
Co-investorsMassMutual VenturesThe Westly GroupBMW i VenturesBosch VenturesNXT VenturesPrefix Capital+1 more
Willamette Technical Fabricators manufactures custom structural metal components for transportation and clean energy infrastructure, including bridges, hydropower dams, and offshore wind systems.
Advanced ManufacturingCleantechClimate TechPortland, US
Windlift develops wind-resilient tethered drones with an AI-driven flight-control system and simulation tools for autonomous tethered flight, targeting infrastructure protection, border security, and aerial surveillance.
Defense TechEnergyRoboticsDurham, US
Robert J. Creighton(Executive Officer, Director)Bence Oliver(Executive Officer)Frank Segal(Executive Officer)
Co-investorsK Street Capital
Xdot designs and produces patented foil bearing technology for high-speed, oil-free turbomachinery operating in extreme environments such as cryogenic to 1200+ F temperatures.
Advanced ManufacturingDeep TechHardware
Erik Swanson(Dr.)
Zonge International provides geophysical services and manufactures instruments for subsurface imaging using electrical, electromagnetic, and potential-field methods.
Advanced ManufacturingDeep TechHardwareReno, US
Dr. Ken Zonge
Zymeron is a biotechnology company discovering and developing drugs for myeloprotection, cardioprotection, and neuroprotection focused on maintaining circulatory system health.
BiotechDeep TechDigital HealthHealthtechMedical DevicesResearch Triangle Park, US
Rows marked “SEC filing” are inferred from directors named on the company's SEC Form D — public regulatory data, not a portfolio list published by the firm.
































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