Fundraising Fox

Department of Homeland Security

Grant agency

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Investment thesis

Funds security technology through SBIR — screening, cyber, first-responder tools, and border systems.

SBIR/STTR awards · non-dilutive funding

Federal grants and contracts to small businesses — no equity taken. Awards on record 2004–2024.

Awards
1,155
Companies funded
523
Total awarded
$357.1M
Median award
$148.4K

833 Phase I · 322 Phase II · 6 via STTR · most-funded states: CA, MA, VA, MD, TX

Recent awardeesPhaseYearAmount
AGILE DATA DECISIONS, INC.Houston, TXPhase I2024$171.4K
SKY PARK LABS LLCConcord, MAPhase I2024$175K
TOYON RESEARCH CORPORATIONGoleta, CAPhase I2024$175K
GLOBAL TECHNOLOGY CONNECTION, INC.Atlanta, GAPhase I2024$175K
INTELLISENSE SYSTEMS INCTorrance, CAPhase I2024$175K
PHYSICAL SCIENCES INC.Andover, MAPhase I2024$175K
INTELLISENSE SYSTEMS INCTorrance, CAPhase I2024$175K
DEEP ANALYTICS LLCMontpelier, VTPhase I2024$174.9K
PHYSICAL SCIENCES INC.Andover, MAPhase I2024$174.9K
VADUM INCRaleigh, NCPhase I2024$174.9K
SYNCOPATED ENGINEERING INCColumbia, MDPhase I2024$174.8K
PHYSICAL SCIENCES INC.Andover, MAPhase I2024$174.8K
PENDAR TECHNOLOGIES LLCCambridge, MAPhase I2024$174.6K
Gamma Reality Inc.Richmond, CAPhase I2024$174.6K
AVAWATZ COMPANYAddison, TXPhase I2024$174.5K
MICHIGAN ENGINEERING SERVICES LLCAnn Arbor, MIPhase I2024$174.3K
LUTRIS, INC.Berkeley, CAPhase I2024$171.9K
SECURELOGIX CORPORATIONSan Antonio, TXPhase I2024$166.5K
IONICSCALE LLCAtlanta, GAPhase I2024$166.1K
N5 SENSORS INCROCKVILLE, MDPhase II2023$999.9K
CASPIA TECHNOLOGIES LLCAustin, TXPhase II2023$998.1K
CASPIA TECHNOLOGIES LLCAustin, TXPhase I2023$149.5K
LYNNTECH INC.College Station, TXPhase II2023$1M
CAPESYM INCNatick, MAPhase II2023$1M
RADIATION MONITORING DEVICES, INC.Watertown, MAPhase II2023$1000K
NOVATEUR RESEARCH SOLUTIONS LLCAshburn, VAPhase II2023$1000K
NANOHMICS INCAustin, TXPhase II2023$1000K
Caelum Research CorporationRockville, MDPhase II2023$1000K
CATALYST COMMUNICATIONS TECHNOLOGIES, INC.Forest, VAPhase II2023$1000K
TDA RESEARCH, INC.Wheat Ridge, COPhase II2023$999.9K

Source: SBIR.gov award data (U.S. Small Business Administration). SBIR/STTR awards are non-dilutive — the agency takes no equity.

Instruments
Grants
Tracked investments
261

What they invest in

from 26 of 261 portfolio companies

Defense Tech ×14Deep Tech ×12AI & Machine Learning ×11Hardware ×11Cybersecurity ×5Enterprise Software ×4SaaS ×4IoT ×3

HQs:United States×14

Investments · 261 tracked

founders shown can be your intro path

By year:2024 · 72023 · 62022 · 182021 · 152020 · 62019 · 122018 · 152017 · 102016 · 192015 · 122014 · 122013 · 13228 dated

4D TECH SOLUTIONS, LLC4dtechsolutions.comMay 2020 · $149.5K
ACCIPITER SYSTEMS INCaccipitersystems.comApr 2019 · $1.3M
ACELLENT TECHNOLOGIES INCacellent.comDec 2005 · $100K
Achilles Heel Technologies, Incaht.aiJun 2019 · $1.1M
ADA TECHNOLOGIES, INC.adatech.comMay 2020 · $150K
ADELPHI TECHNOLOGY INCadelphitech.comAug 2016 · $800K
ADVANCED FUEL RESEARCH, INC.afrinc.comSep 2008 · $464.4K
AERODYNE RESEARCH INCaerodyne.com

Aerodyne Research develops research-grade scientific instrumentation and provides measurement and R&D services focused on environmental and energy challenges.

Climate TechDeep TechHardware

AEROSOL DEVICES INCaerosoldevices.comMay 2021 · $156.5K
Agileddagiledd.aiinMay 2024 · $171.4K

AgileDD offers a human-guided AI platform that ingests unstructured technical documents (PDFs, images, MS Office files, including handwriting via OCR) and extracts, indexes, and searches them using generative AI, machine learning, and RAG.

AI & Machine LearningEnterprise SoftwareSaaS

Agiltronagiltron.comin𝕏Sep 2006 · $2.2M

Agiltron engineers optical and electro-optical products, from individual components and modules to complete turn-key systems, including optical switches, modulators, amplifiers, lasers, and photodetectors.

Deep TechDefense TechHardware

AGNIK LLCagnik.com
AKAMAI PHYSICS, INC.akamaiphysicsinc.comSep 2018 · $2M
AKELA INCakelainc.comMay 2014 · $100K
Alakai Defense Systems, Inc.alakaidefense.comSep 2011 · $2.1M
ALAMEDA APPLIED SCIENCES CORPORATIONaasc.spaceSep 2008 · $650K
Analytical AI, LLCanalyticalai.comMay 2022 · $1.1M
AnaVation, LLCanavationllc.comMay 2017 · $849.8K
ANC GROUP LLCancgroup.aiMay 2023 · $150K
ANDRO COMPUTATIONAL SOLUTIONS LLCandrocs.comMay 2018 · $300K
AOSENSE, INC.aosense.comMay 2015 · $1.1M
APPLIED NANOTECH, INC.appliednanotech.netSep 2008 · $1.7M
APPLIED TRAINING SOLUTIONS, LLCappliedtrg.comJun 2019 · $150K
APPLIED VISIONS, INC.avi.comMay 2013 · $1.4M
APTIMA INCaptima.comSep 2010 · $100K
Aromatix, Inc.aromatixtechnologies.comMay 2017 · $100K
ASSURED INFORMATION SECURITY, INC.ainfosec.comMay 2023 · $149.9K
ATC-NY INCatcorp.comMar 2004 · $199.9K
ATS-MER, LLCatsmer.comAug 2010 · $150K
AVAWATZ COMPANYavawatz.comMay 2020 · $324.3K

Avawatz builds AvaAI, an end-to-end AI development platform that automates data labeling, model training, and production monitoring for robotics and computer vision, along with AXIA, an application layer for real-time inference, analytics, and post-hoc analysis.

AI & Machine LearningDefense TechRobotics

Azavea Inc.azavea.comMay 2016 · $100K
BALFOUR TECHNOLOGIES LLCbal4.comSep 2010 · $1.2M
BlockCypher Blockchain web servicesblockcypher.comMay 2016 · $849.8K
BLUE RIDGE ENVISIONEERING, INC.br-envision.comMay 2015 · $99.9K
BLUERISC INCbluerisc.comSep 2013 · $3.8M
BLUEYEQ LLCblueyeq.comAug 2017 · $1.3M
BODKIN DESIGN & ENGINEERING LLCbodkindesign.comSep 2011 · $100K
BOSTON ENGINEERING CORPORATIONboston-engineering.comAug 2015 · $300K
C360Livec360live.comSep 2021 · $843.6K
Caelum Research Corporationcaelum.comMay 2022 · $1.1M
CAPESYM INCcapesym.comSep 2011 · $6.7M
Carbon Solutions Inccarbonsolution.com
CARDSMART TECHNOLOGIES, INC.yourcardsolution.comMay 2016 · $1.1M
Caspia Technologiescaspiatechnologies.cominMay 2022 · $1.3M

Gainseville, US

Mark Tehranipoor(Director)Waleed Khalil(Director)

BoardRick Hegberg(Director)Walden C Rhines(Director)

CATALYST COMMUNICATIONS TECHNOLOGIES, INC.catcomtec.comMay 2018 · $2.5M
CELLEX, INC.cellex.usMay 2005 · $100K
CFD RESEARCH CORPORATIONcfd-research.comApr 2004 · $1.2M
CHARLES RIVER ANALYTICS, INC.cra.comMay 2010 · $5.4M
Cignal LLCcignal.coMay 2023 · $149.3K
COBALT SOLUTIONS INCcobaltsolutions.netMay 2020 · $899.9K
COGNITECH CORPORATIONcognitech-ut.com
CONNECTICUT ANALYTICAL CORPORATIONctanalytical.comSep 2010 · $194.6K
CORNERSTONE RESEARCH GROUP INCcrgrp.comJun 2019 · $150K
CREARE LLCcreare.comApr 2006 · $2.3M
Critical Technologies Inccritical.comMar 2004 · $99.9K

Browse all 261 investments with full details →

61 more tracked companies

SEACOAST SCIENCE, INC.SEALOCK SECURITY SYSTEMS, INC.SECURELOGIX CORPORATIONSEMQUEST, INCSEV1TECH, LLCSIGNAL SYSTEM MANAGEMENT LLCSIGNAL SYSTEMS CORPORATIONSILVERSIDE DETECTORS INCSKY PARK LABS LLCSKY SIGHT TECHNOLOGIES, LLCSMART INFORMATION FLOW TECHNOLOGIES LLCSNA International, LLCSONALYSTS INCSpace Micro Inc.SPECTRAL LABS INCORPORATEDSPECTRAL SCIENCES, INCSpectrohmSTARFIRE INDUSTRIES LLCSTELLARRAY INCSTREAMLINE AUTOMATION LLCSTRUCTURED MATERIALS INDUSTRIES, INC.Supermaterial applications companySURMET CORPSYGHT INCSYNCOPATED ENGINEERING INCSYNTHETIK APPLIED TECHNOLOGIES LLCSystems & Processes Engineering CorporationSYSTEMS ENGINEERING INCTANGO TANGO INCTDA RESEARCH, INC.Telesecurity Sciences, Inc.The Athena Group, Inc.THE NAVSYS CORPORATIONThreatSTOPTIAX LLCTIER 1 PERFORMANCE SOLUTIONS LLCTOYON RESEARCH CORPORATIONTPL, INCTRIDENT SYSTEMS LLCTRIPLE RING TECHNOLOGIES INCTRITON SYSTEMS, INC.TRX SYSTEMS, INC.UHV Technologies IncULTOOL LLCUTOPIACOMPRESSION,CORPORATIONVADUM INCVALID8.COM, INC.Vaporsens, Inc.Verified IdentityVIRGINIA DIODES, INC.VOXTEL, INC.VST LLCWaverleylabsWGS Systems, LLCWizbe Industries, Inc.Xcelerate SolutionsXPLOSAFE LLCYOTTA NAVIGATION CORPZEPHYR SOFTWARE LLCZeroPoint Dynamics LLCZeteo Tech

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