Fundraising Fox

Department of Transportation

Grant agency

Fox Verdict
Sign up to see your fit

Investment thesis

Funds transportation technology through SBIR — safety, infrastructure monitoring, and mobility systems.

SBIR/STTR awards · non-dilutive funding

Federal grants and contracts to small businesses — no equity taken. Awards on record 1983–2023.

Awards
1,239
Companies funded
579
Total awarded
$261.7M
Median award
$100K

845 Phase I · 394 Phase II · most-funded states: CA, MA, MD, VA, TX

Recent awardeesPhaseYearAmount
AIWAYSION INCBellevue, WAPhase II2023$497.4K
AIWAYSION INCBellevue, WAPhase I2023$150K
X-BIOMEDICAL INCNewtown Square, PAPhase I2023$146.9K
OCEANIT LABORATORIES INCHonolulu, HIPhase II2023$1M
ENGINEERING & SOFTWARE CONSULTANTS, LLCChantilly, VAPhase II2023$1M
INTELLISENSE SYSTEMS INCTorrance, CAPhase II2023$1000K
Sciperio, Inc.Orlando, FLPhase II2023$999.9K
ADELPHI TECHNOLOGY INCRedwood City, CAPhase II2023$997.1K
FBS INCBellefonte, PAPhase II2023$991.8K
Connected Wise LLCOrlando, FLPhase II2023$498.6K
SPLUSM LLCOrlando, FLPhase II2023$424.9K
Tranalytics, LLCBedford, MAPhase II2023$423.6K
RIGHT CLICK SOLUTIONS INC.Santa Monica, CAPhase II2023$422.5K
TDA RESEARCH, INC.Wheat Ridge, COPhase I2023$200K
NEWPORT SENSORS INCNew York, NYPhase I2023$200K
ARIES SCIENCE & TECHNOLOGY LLCWesterville, OHPhase I2023$200K
TRITON SYSTEMS, INC.Chelmsford, MAPhase I2023$200K
FAGAN CONSULTING LLCPrattville, ALPhase I2023$150K
TDA RESEARCH, INC.Wheat Ridge, COPhase I2023$150K
CLR ANALYTICS INCIrvine, CAPhase I2023$150K
NDT CORPORATIONSterling, MAPhase I2023$150K
PROTECTION ENGINEERING CONSULTANTS LLCDripping Springs, TXPhase I2023$149.9K
Innovation Research And Training, Inc.Durham, NCPhase I2023$148.1K
HAAS, INCChicago, ILPhase II2022$500K
AIWAYSION INCBellevue, WAPhase I2022$143.1K
PULSAR INFORMATICS, INC.Seattle, WAPhase II2022$999.9K
OPTOWARES INCWoburn, MAPhase II2022$999.9K
CALLENTIS CONSULTING GROUP LLCAustin, TXPhase II2022$999.8K
ENERGY STORAGE SAFETY PRODUCTS INTERNATIONAL LLCDetroit, MIPhase II2022$988.4K
CREARE LLCHanover, NHPhase II2022$985.1K

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
164

What they invest in

from 100 of 164 portfolio companies

Deep Tech ×60Hardware ×41Defense Tech ×28Advanced Manufacturing ×20AI & Machine Learning ×18New Materials ×18Mobility & Transportation ×13Energy ×12

HQs:United States×39

Investments · 164 tracked

founders shown can be your intro path

By year:2023 · 72022 · 82021 · 112020 · 132019 · 102018 · 92017 · 82016 · 22015 · 222014 · 22013 · 12012 · 5123 dated

A-TECH CORPORATIONatacorp.com

AeroVironment (AV) develops integrated defense systems and autonomous robotic platforms across air, land, sea, and space domains, including unmanned aircraft, loitering munitions, counter-UAS systems, directed energy, electronic warfare, and AI/autonomy software.

AI & Machine LearningDefense TechRobotics

ACCURATE AUTOMATION CORPORATIONaccurate-automation.com
Acrow Corporation Of Americaacrow.comJun 2020 · $649.9K

Acrow designs and fabricates modular steel bridges from U.S. high-strength steel, offering prefabricated components for single-span crossings up to large-scale bridge development programs.

Advanced ManufacturingConstruction TechHardware

ADA TECHNOLOGIES, INC.adatech.comJun 2021 · $549.9K

ADA Technologies is a Colorado-based manufacturing company with an R&D division that develops, manufactures, and delivers customized products for advanced market customers.

Advanced ManufacturingDeep TechHardware

ADELPHI TECHNOLOGY INCadelphitech.comJul 2022 · $1.3M

Adelphi Technology manufactures neutron generator products, including deuterium-tritium, deuterium-deuterium, and thermal (moderated) neutron sources with yields ranging from 10^7 to over 10^10 neutrons per second.

Advanced ManufacturingDeep TechHardware

Advanced Engines Development Corporationadvanced-engines-corp.comFeb 2015 · $99.9K
ADVANCED MATERIALS MANUFACTURING, LLCadvancemnm.comJun 2020 · $138.4K

Advance MNM designs, prototypes, and manufactures advanced materials aimed at reducing weight while improving safety and efficiency for demanding applications.

Advanced ManufacturingDeep TechNew Materials

ADVANCED OPTICAL TECHNOLOGIES INCadvanced-optical.com

Advanced Optical Technologies (AOT) provides material characterization services and sensor technologies, including crystallographic non-destructive testing, orientation imaging, grain-boundary and microtexture analysis, and quality control.

Deep TechHardwareNew Materials

ADVANCED SYSTEMS & TECHNOLOGIES INCasatechinc.comOct 2019 · $145.9K
ADVANCED TECHNOLOGY AND RESEARCH CORPORATIONatrcorp.comJul 2013 · $1.4M

ATR Corp provides engineering services and specialized products including ship signatures technology, modeling and simulation, technical publications, and prototypes and production, largely supporting U.S.

Defense TechHardwareRoboticsBeltsville, US

ADVENT INNOVATIONS LTD COadventinnous.comJun 2021 · $792.6K
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

AGNIK LLCagnik.comAug 2014 · $1.1M

Agnik develops vehicle data-mining and telematics products that analyze data from OBD devices and smartphone sensors to produce analytics on vehicle health, driver behavior, and location.

AI & Machine LearningIoTMobility & Transportation

AIWaysionaiwaysion.comJul 2022 · $790.4K

Seattle, US

Wei Sun(Executive Officer, Director, Promoter)

AKELA INCakelainc.com
Antares Group Incorporatedantaresgroupinc.com

Antares Group (operating as Stark Tech) provides clean energy consulting and owner's engineering services for solar projects, covering site development, land acquisition, interconnection, design, and feasibility analysis.

CleantechClimate TechEnergy

APPLIED ENGINEERING MANAGEMENT CORPORATIONaemcorp.comMay 2016 · $1.5M
APPLIED MATHEMATICS, INC.applmath.com

Applied Mathematics, Inc. builds and implements computational models that help clients better understand their systems and processes to improve performance.

Deep TechEnterprise Software

APTIMA INCaptima.comSep 2018 · $450K

Aptima engineers technologies that integrate humans and technology to improve how individuals and teams train, develop, and perform in mission-critical settings, using AI, machine learning, data analytics, and modeling and simulation.

AI & Machine LearningDeep TechDefense TechWoburn, US

Daniel Serfaty(Founder & Executive Chairman)

ARCON CORParcon.comMay 2017 · $150K
ARIES SCIENCE & TECHNOLOGY LLCariesst.comJul 2023 · $200K

Aries Science & Technology develops customized biobased and sustainable microsphere encapsulation solutions, including its proprietary Levupol and SiRamic platforms, for clients in specialized manufacturing industries.

Advanced ManufacturingCleantechNew MaterialsColumbus, US

ASCA, INC.ascainc.com

ASCA, Inc. is an applied-science consulting firm offering risk assessment and reliability management services for hardware, software, and combined systems, serving the aerospace, defense, electric power, and chemical industries.

Deep TechDefense TechEnterprise Software

ATS-MER, LLCatsmer.com
Aware Vehicles, Inc.awarevehicles.comSep 2018 · $150K
BENTEN TECHNOLOGIES, INC.bententech.comSep 2015 · $296.3K
CALLENTIS CONSULTING GROUP LLCcallentis.ioJun 2021 · $1.1M

Callentis is an applied R&D and services company that integrates emerging technologies—including AI/ML, computational modeling, systems engineering, and data management—into practice-ready software and hardware solutions.

AI & Machine LearningDeep TechEnergyAustin, US

Jociunaite(Founder & CEO)Dr. Drach(Co-Founder & President)Dr. Kargah-Ostadi(Vice President)

CHARLES RIVER ANALYTICS, INC.cra.comAug 2015 · $2.4M

Charles River Analytics develops advanced AI, autonomy, and robotics systems—spanning sensor fusion, perception, and human-robot interaction—for applications including defense, homeland security threat detection, healthcare, and worker safety.

AI & Machine LearningDefense TechRobotics

CLR ANALYTICS INCclr-analytics.comSep 2010 · $2.5M

CLR Analytics Inc. develops AI-based systems for road user detection and classification along with digital twin solutions for transportation applications.

AI & Machine LearningMobility & Transportation

COHERENT TECHNICAL SERVICES, INC.goctsi.comJun 2021 · $648.7K
Connected Wise LLCconnected-wise.comSep 2018 · $1.5M
CONTINUUM DYNAMICS INCcontinuum-dynamics.comNov 2012 · $545.2K

Continuum Dynamics Inc is a research and development firm serving government and industry, providing analysis, software R&D, and testing across fields such as rotorcraft, flight simulation, nuclear engineering, and numerical methods.

Deep TechDefense TechEnergy

CREARE LLCcreare.comJul 2015 · $5.3M

Creare is an engineering research and development firm that solves complex technical problems and develops new technologies for industry and government customers.

Deep TechHardwareSpace Tech

Dr. Jay Rozzi(Senior Staff)Jeff Breedlove(Senior Staff)Dr. Odile Clavier(Senior Staff)Dr. Patrick Magari(Senior Staff)

Custom Manufacturing & Engineering, Inccustom-mfg-eng.com

A contract manufacturing and engineering supplier offering custom solutions delivered to clients across multiple industries.

Advanced ManufacturingHardware

Design Interactive, Inc.designinteractive.netApr 2010 · $2.7M
DFUZION, INC.dfuzion.comMar 2007 · $931.4K

dFuzion, Inc. is an IT and engineering services firm offering software engineering, systems engineering, and applied technology R&D for federal and local government, commercial, and non-profit clients.

Deep TechEnterprise SoftwareSaaS

Diversified Technical Systems, Inc.dtsweb.comJan 2008 · $100K

Diversified Technical Systems (DTS) manufactures miniature, rugged data acquisition systems and sensors for test and measurement in harsh environments.

Deep TechDefense TechHardwareSeal Beach, US

DYNAFLOW, INC.dynaflow-inc.comMay 2017 · $614.9K

Dynaflow, Inc. provides research and development services and products in fluid dynamics and material sciences, specializing in bubble dynamics, cavitation, fluid-structure interactions, and erosion testing.

Deep TechHardwareNew MaterialsAnnapolis Junction, US

DZYNE TECHNOLOGIES, LLCdzynetech.comJan 2015 · $150K

DZYNE Technologies builds unmanned and counter-unmanned (Counter-UAS) systems, including integrated ISR and multi-layered aerial threat defense architectures for military and defense operations across ground, sea, and air.

Deep TechDefense TechRobotics

EARTH MAPPING INTERNATIONAL, INC.earthmapping.com

Earth Mapping International (EMI) is a multi-disciplinary research and consulting firm working in climate change, geodesy and geophysics, geomatics, water resources forecasting, and information management systems.

CleantechClimate TechDeep Tech

Earth Science System LLCearthsciencesystems.comOct 2019 · $449.9K
EBERT COMPOSITES CORPORATIONebertcomposites.com

Ebert Composites Corporation develops patented thermoplastic composite manufacturing technologies, including pultrusion processes and its Transonite sandwich panel platform for RF-transparent radomes.

Advanced ManufacturingDefense TechNew Materials

ENERGY STORAGE SAFETY PRODUCTS INTERNATIONAL LLCesspi.comJul 2021 · $1.1M

ESSPI develops battery safety systems built around BLISS (Battery Logistics Integrated Safety System), including the Li-Ion Locker product line for monitoring and mitigating fire, explosion, and thermal runaway risks during storage and transport of lithium-ion batteries across land, air, and sea.

EnergyHardwareIoT

ENGINEERING & SOFTWARE CONSULTANTS, LLCescinconline.comJul 2021 · $1.1M
Engineering Mechanics Corporation of Columbusemc-sq.comDec 2007 · $1M

Engineering Mechanics Corporation of Columbus (Emc2) provides materials, structural integrity, and reliability engineering solutions, including failure analysis services, for industries such as nuclear power plants, oil and gas, and aircraft.

Deep TechEnergyNew MaterialsColumbus, US

ESENSORS INC.eesensors.comOct 2019 · $114.2K
Expressive Analytics LLCexpressiveanalytics.comSep 2018 · $132K
FAGAN CONSULTING LLCfaganllc.comJul 2023 · $150K
FBS INCgwultrasonics.comSep 2018 · $2.2M

Guidedwave develops ultrasonic guided wave technology and products for non-destructive testing (NDT) and structural health monitoring (SHM), including scanners, probes, hardware, and software for inspecting pipes, plates, storage tanks, and shells.

Advanced ManufacturingDeep TechHardwareState College, US

FORCING FUNCTION LLCforcingfunction.orgNov 2019 · $461.8K

An engineering firm providing systems engineering, signal processing, and communication/networking services for complex systems, including sensor integration and machine learning for embedded systems.

Deep TechHardwareIoT

Fuchs Consulting Incfuchsconsultinginc.comJul 1905 · $1.6M
GCAS INCgcas.com

GCAS develops predictive data analytics applications using artificial intelligence and probabilistic reasoning, primarily for the U.S.

AI & Machine LearningDefense TechEnterprise Software

GENEX SYSTEMS, LLCgenexsystems.comJun 2020 · $1.1M
GINER INCginerinc.comMay 2017 · $1.8M
GS ENGINEERING INCgsengineering.comSep 2014 · $496.6K
HAAS Alerthaasalert.cominJun 2021 · $644.8K

HAAS Alert operates a vehicle-to-everything (V2X) platform that delivers real-time safety alerts to drivers about roadway hazards, emergency vehicles, and roadside workers.

IoTLogistics & Supply ChainMobility & TransportationSaaSChicago, US

Cory Hohs(Co-founder & CEO)Noah Levens(Co-founder)Jigar Patel(Co-founder)

HARMONIA HOLDINGS GROUP, LLCharmonia.comMar 2010 · $2.4M

Harmonia provides engineering and technology services to government agencies to support their missions.

Enterprise SoftwareGovTech