Department of Energy — 2023 Investments
85 investments dated 2023 · listed companies and verified rows first · show all
EnergyPalm Beach Gardens, US
Anthony Santelli II(Executive Officer, Director)Benjamin Slager(Executive Officer, Director)Daniel De Liege(Executive Officer, Director)David Matthews(Executive Officer, Director)
BoardChris Kneppers(Director)George Bolton(Director)
Achiewell is a specialty chemical company that supplies epoxy resins, surfactants, silane coupling agents, specialty amines, top coatings, thermoplastics, adhesives, and composites.
Advanced ManufacturingNew Materials
Advanced Ceramics Manufacturing produces water soluble mandrels, tooling, composite parts, and ceramic components for aerospace, defense, racing, research, and university applications.
Advanced ManufacturingDefense TechNew MaterialsTucson, US
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)Kyle Wilke(Director)Dr. Elise Strobach(CEO)
BoardSusan Stewart(Director)Brandon Tinianov(Director)Stephen Venuto(Director)
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
Roei Ganzarski(Executive Officer, Director)Elliott Jurgensen, Jr.(Director)David Ross(Executive Officer, Director)Scot Land(Executive Officer, Director, Promoter)
BoardMarcus Behrendt(Director)Ross Collins(Director)
Aquila Group designs, engineers, manufactures, installs and maintains threat-resistant technologies and data-sensitive systems for environments vulnerable to intrusion.
Cloud ComputingCybersecurityHardware
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)Simon Gustavsson(Director)
Avium develops catalysts, coating technologies, and stack designs to improve the efficiency, reliability, and cost of alkaline electrolyzers used for hydrogen production.
CleantechDeep TechEnergy
BEAM Co. develops advanced optics and photonics products and has been awarded a DARPA POWER contract.
Deep TechDefense TechHardwareOrlando, US
BiotechOmaha, US
William Hagstrom(Executive Officer, Director)
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
Matt Carter(President & CEO)Jay Carter Jr.(CTO)Jay Carter Sr.(Inventor / Founder)
Applied Carbon builds mobile, in-field machines that use precision automation, remote sensing, and thermal processing to convert agricultural crop residues into biochar, a stable form of carbon sequestration.
AgTechClimate TechRobotics
A company focused on solving problems in the power, energy, and electric motor industry.
EnergyHardware
CPS Technologies develops proprietary metal matrix composite (MMC) materials, primarily AlSiC-based products, used in applications such as hermetic packages, flip chip lids, IGBT baseplates, and liquid cold plates.
Advanced ManufacturingDeep TechNew Materials
Daniel C. Snow(Board Member)
Middleburg, US
Robert Raymond(Director)Stuart J. Rabin(Director)Pasquale D'Amuro(Director)Jay M. Cohen(Chief Operating Officer and Director of the Issuer)Dr. Lawrence Delaney(Director)Dr. Gene W. Ray(Executive Officer, 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)John MacPhee(Executive Officer)Jothy Rosenberg(Founder & Executive Chairman)Greg Sullivan(Chief Scientist (former))
BoardVivjan Myrto(Director)Kaigham Gabriel(Director)
ShineFusion develops fusion energy technology, pursuing a step-by-step commercialization approach that generates revenue from intermediate applications to fund progress toward clean fusion power.
CleantechDeep TechEnergy
Guill designs and manufactures custom plastic extrusion tooling, including crossheads, inline heads, and dies, for manufacturers across plastics industries such as PVC piping, medical tubing, and cable.
Advanced ManufacturingHardwareNew Materials
Gulf Wind Technology is a U.S.-based independent engineering and manufacturing company specializing in solutions for wind turbine rotors and blades across their lifecycle, from design through operation.
Advanced ManufacturingCleantechEnergy
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
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.
Deep TechHardwareNew MaterialsSemiconductorsChicago, US
Kalsi Engineering is a consulting engineering firm offering research, design, analysis, and testing of mechanical equipment and structures, along with patented rotary seal products and engineering software.
Advanced ManufacturingEnergyHardwareSugar Land, US
Manufacturer of hydraulic valves, including check valves, adjustable relief valves, shuttle valves, and lock/pilot operated check valves.
Advanced ManufacturingHardware
Management Sciences, Inc.
AI & Machine LearningDeep TechHardware
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)Garry Miller(Chief Operating Officer)Ian Byers(Chief Technology Officer)
MATSYS is a full-service provider of advanced materials expertise and prototyping services, specializing in novel alloy and composite development, powder-based material processing, and precision machining.
Advanced ManufacturingDefense TechNew Materials
MOVA builds air capture and filtration technology using precision engineering and novel sorbent materials to remove hard-to-capture pollutants and atmospheric carbon, converting them into useful commodities.
CleantechClimate TechNew MaterialsPulaski, US
John Schott(Executive Officer)Steven Critchfield(Executive Officer, Director)William R. Seitz(Executive Officer, Director)
BoardAnn Norris(Director)Marty Muscatello(Director)Russell Ellis(Director)
muGrid is an energy consulting and controls company that builds Redcloud, a hardware-agnostic Energy Management System for real-time coordination, load forecasting, and dispatch of distributed energy resources in microgrids, alongside microgrid design and financing-support services.
CleantechEnergySaaS
Multi3D develops copper-based conductive polymer composites and filaments for additive manufacturing, enabling functional 3D-printed parts with metal-like electrical conductivity on standard FFF systems.
Advanced ManufacturingHardwareNew Materials
Narion Corporation develops sensor technologies for monitoring, characterizing, and controlling combustion systems, including gas characterization and flammability monitoring for applications such as flaring and refining.
EnergyHardwareIoTSeattle, US
nVizix commercializes photonic and sensing technologies with applications in solar power, radiation detection for high-energy physics, fiber optics, low-light and night-vision imaging, single-photon counting, contact microscopy, and specialty optical coatings.
Deep TechEnergyHardware
Osazda Energy develops materials technology, including its MetZilla Paste and Plate products, designed to prevent cell cracking and micro-crack degradation in thin solar cells.
CleantechEnergyNew Materials
Producer of specialty aluminas and ceramic particles, offering many material variations tailored to customer requirements.
Advanced ManufacturingNew Materials
Palladias develops resin technology, originally from Los Alamos National Laboratory, to extract and purify critical metals such as rare earth elements, lithium, platinum group metals, and battery metals from sources including mining waste streams.
CleantechDeep TechNew Materials
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 (PiAC) is a research and development firm that designs, fabricates, and flight tests experimental rotorcraft, VTOL aircraft, and unmanned air vehicles.
Deep TechDefense Tech
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)Martin Slosarik(Executive Officer, Director, Promoter)
BoardDavid Cowan(Director)
Advanced ManufacturingCleantechClimate TechPropTechBoise, US
Zachary Adams(Chief Executive Officer)Ian Gibson(President)David Bennett(Director)
BoardPhilip A Bradley(Director)
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
Michael Zapata, III(Director, Executive Officer)David P. Nackashi(Director, Executive Officer)John Damiano, Jr.(Director, Executive Officer)Steve Capps(Director)Rajeev Kulkarni(Director)
Dara Systems provides cross-sector stress testing and structured decision analysis, using quantitative frameworks, network science, and agentic AI to model system interdependencies, identify failure points, and prioritize resilience investments.
AI & Machine LearningClimate TechEnterprise Software
Scion Plasma develops plasma technologies including broad-beam ion sources, magnetron sputtering cathodes, and related accessories for large-area coating, PVD/CVD, and thin-film applications.
Deep TechHardwareNew Materials
Sentar is a technology and services company that supports government and defense-related customers, with a workforce that includes a significant proportion of military veterans.
CybersecurityDefense Tech
Bridget McCaleb(Catalyst and CEO)
TelAztec develops patented Random Anti-Reflective (RAR) plasma-treated optical windows that maximize light transmission across deep UV to near-infrared wavelengths.
Deep TechHardwareNew Materials
TS-Meni PoC device detecting 30+ proteins using quantum sensing.
Albuquerque, US
MAHMOUD REDA TAHA(Executive Officer, Director)JOHN CHARLES STORMONT(Executive Officer, Director)
Veracity Nuclear develops integrated core and plant simulation software and provides core design, analysis, and optimization services for the nuclear industry.
Deep TechEnergySaaS
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 Computing
Scott Davis(Co-Founder & CEO)
Volta Energy develops electrochemical technologies including redox flow batteries and novel electrolyzers for hydrogen production.
CleantechClimate TechEnergy
Ravi(President & CEO)Sri(Vice President & COO)
WeNeW operates a MEfuel process that converts agricultural and forestry residues into low-emission synthetic diesel and aviation fuels, while co-producing biochar soil amendments and animal feed.
AgTechCleantechClimate Tech
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)Andy Stough(Manager)Bence Oliver(Executive Officer)Frank Segal(Executive Officer)
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 designs, manufactures, and sells geophysical instruments and provides related survey services including data acquisition and modeling.
Advanced ManufacturingDeep TechHardware
Zymeron develops drug delivery and formulation technologies, including a peptide drug conjugate platform for delivering cytoprotective molecules to the bone marrow and methods to reformulate poorly soluble oral drugs into injectables.
BiotechDeep TechMedical Devices
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.