Fundraising FoxDepartment of Transportation
Grant agencyFind your way into Department of Transportation
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.
845 Phase I · 394 Phase II · most-funded states: CA, MA, MD, VA, TX
| Recent awardees | Phase | Year | Amount |
|---|---|---|---|
| AIWAYSION INCBellevue, WA | Phase II | 2023 | $497.4K |
| AIWAYSION INCBellevue, WA | Phase I | 2023 | $150K |
| X-BIOMEDICAL INCNewtown Square, PA | Phase I | 2023 | $146.9K |
| OCEANIT LABORATORIES INCHonolulu, HI | Phase II | 2023 | $1M |
| ENGINEERING & SOFTWARE CONSULTANTS, LLCChantilly, VA | Phase II | 2023 | $1M |
| INTELLISENSE SYSTEMS INCTorrance, CA | Phase II | 2023 | $1000K |
| Sciperio, Inc.Orlando, FL | Phase II | 2023 | $999.9K |
| ADELPHI TECHNOLOGY INCRedwood City, CA | Phase II | 2023 | $997.1K |
| FBS INCBellefonte, PA | Phase II | 2023 | $991.8K |
| Connected Wise LLCOrlando, FL | Phase II | 2023 | $498.6K |
| SPLUSM LLCOrlando, FL | Phase II | 2023 | $424.9K |
| Tranalytics, LLCBedford, MA | Phase II | 2023 | $423.6K |
| RIGHT CLICK SOLUTIONS INC.Santa Monica, CA | Phase II | 2023 | $422.5K |
| NEWPORT SENSORS INCNew York, NY | Phase I | 2023 | $200K |
| TDA RESEARCH, INC.Wheat Ridge, CO | Phase I | 2023 | $200K |
| ARIES SCIENCE & TECHNOLOGY LLCWesterville, OH | Phase I | 2023 | $200K |
| TRITON SYSTEMS, INC.Chelmsford, MA | Phase I | 2023 | $200K |
| FAGAN CONSULTING LLCPrattville, AL | Phase I | 2023 | $150K |
| TDA RESEARCH, INC.Wheat Ridge, CO | Phase I | 2023 | $150K |
| CLR ANALYTICS INCIrvine, CA | Phase I | 2023 | $150K |
| NDT CORPORATIONSterling, MA | Phase I | 2023 | $150K |
| PROTECTION ENGINEERING CONSULTANTS LLCDripping Springs, TX | Phase I | 2023 | $149.9K |
| Innovation Research And Training, Inc.Durham, NC | Phase I | 2023 | $148.1K |
| HAAS, INCChicago, IL | Phase II | 2022 | $500K |
| AIWAYSION INCBellevue, WA | Phase I | 2022 | $143.1K |
| PULSAR INFORMATICS, INC.Seattle, WA | Phase II | 2022 | $999.9K |
| OPTOWARES INCWoburn, MA | Phase II | 2022 | $999.9K |
| CALLENTIS CONSULTING GROUP LLCAustin, TX | Phase II | 2022 | $999.8K |
| ENERGY STORAGE SAFETY PRODUCTS INTERNATIONAL LLCDetroit, MI | Phase II | 2022 | $988.4K |
| CREARE LLCHanover, NH | Phase II | 2022 | $985.1K |
Source: SBIR.gov award data (U.S. Small Business Administration). SBIR/STTR awards are non-dilutive — the agency takes no equity.
What they invest in
from 111 of 164 portfolio companiesDeep Tech ×73Hardware ×49Defense Tech ×48AI & Machine Learning ×32Advanced Manufacturing ×29New Materials ×24Enterprise Software ×23IoT ×18
HQs:United States×74Canada×3
Investments · 164 tracked
founders shown can be your intro pathBy year:2023 · 72022 · 82021 · 112020 · 132019 · 102018 · 92017 · 82016 · 22015 · 222014 · 22013 · 12012 · 5123 dated
ADA Technologies manufactures energy storage products for specialized defense applications.
Advanced ManufacturingDeep TechDefense TechEnergyHardwareEnglewood, US
Russ Farmer(President & CEO)Nada Farmer(Vice President & Chief Financial Officer)James Dong(Vice President of Research and Development)Sayan Naha(Vice President, Business Development)
Adelphi Technology manufactures neutron generators using Deuterium-Tritium, Deuterium-Deuterium, and thermal neutron sources, offering both actively pumped and sealed systems with yields up to 2x10^10 n/s.
Advanced ManufacturingDeep TechHardwareMedical DevicesRedwood City, US
Melvin Piestrup(Founder/Chairman)
Advance Materials Manufacturing (AMM) develops and manufactures composite materials and components for impact absorption, heat transfer, fire protection, and lightweight applications across aerospace, automotive, defense, and industrial sectors.
Advanced ManufacturingDeep TechDefense TechNew MaterialsRaleigh, US
Dr. Afsaneh Rabiei(Founder & CEO)
Advanced Optical Technologies develops advanced electro-optic sensors and photonics solutions for applications including non-destructive testing and remote sensing.
Advanced ManufacturingAI & Machine LearningDeep TechDefense TechHardwareNew MaterialsAlbuquerque, US
Brian Hoover(Founder)
ATR develops specialized material handling equipment and machines for the United States Postal Service (USPS), including automated tag cancelling, tray processing, and package recovery systems used in mail sorting and distribution facilities.
Advanced ManufacturingDeep TechDefense TechHardwareLogistics & Supply ChainRoboticsBeltsville, US
Advent Innovations is a women-owned technology company specializing in advanced technology solutions for farming and agriculture, serving multiple business sectors with products developed from deep expertise in hardware and software engineering.
AgTechAI & Machine LearningHardwareIoTRobotics
Ritubarna Banerjee(CEO)Malichi Flemming(Senior Hardware Engineer)Corey Leydig(Senior Software Engineer)
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)
Aries develops specialty chemical compounds for polymer and encapsulation applications, focusing on bio-derived, environmentally-friendly formulations free of toxic chemicals.
Advanced ManufacturingCleantechNew MaterialsColumbus, US
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 conducts research and develops AI-driven intelligent systems for defense, cybersecurity, space, and healthcare applications, serving the U.S.
AI & Machine LearningCybersecurityDefense TechRobotics
CLR Analytics provides IoT and data analytics solutions for transportation and environmental monitoring, serving traffic engineers, planners, and decision-makers.
AI & Machine LearningData & InfrastructureIoTLogistics & Supply ChainMobility & TransportationSaaS
Continuum Dynamics develops computational aerodynamics and fluid dynamics software for rotorcraft design, aerospace analysis, and specialized applications like spray drift and fuel jettisoning prediction.
Deep TechDefense TechEnergyHardware
Dr. Alan J. Bilanin(Chairman of the Board & Senior Associate)
Creare is an engineering and research company with advanced laboratory and fabrication facilities for experimental work across scales and temperatures.
Advanced ManufacturingDeep TechDefense TechDeveloper ToolsEnterprise SoftwareHardwareNew MaterialsSpace TechHanover, US
Dr. Jay Rozzi(Vice President, Principal Engineer)Jeff Breedlove(Senior Staff)Dr. Odile Clavier(Senior Staff)Dr. Patrick Magari(President, Principal Engineer)
Custom Manufacturing & Engineering (CME) is an engineering and manufacturing company serving defense, aerospace, government, and commercial customers with design, manufacturing, integration, calibration, and test services.
Advanced ManufacturingDefense TechHardwarePinellas Park, US
Dr. Nancy Crews(CEO & President)
Design Interactive provides digital transformation solutions combining human-centered design with emerging technologies including extended reality, digital twins, and AI-driven performance systems for enterprise, defense, and industrial organizations.
AI & Machine LearningDeep TechDefense TechEdTechEnterprise Software
DTS is a provider of measurement and data acquisition solutions served across multiple markets and industries.
Data & InfrastructureDeep TechDefense TechHardwareSeal Beach, US
Dynaflow develops computational fluid dynamics software and specialized hardware systems for hydrodynamic analysis, cavitation testing, and water-based material erosion applications.
Cloud ComputingDeep TechDefense TechDeveloper ToolsHardwareNew MaterialsSaaSAnnapolis Junction, US
Dr. Georges L. Chahine
DZYNE Technologies develops unmanned and counter-unmanned defense systems for military and security operations across multiple domains (air, sea, ground).
Deep TechDefense TechRobotics
Earth Mapping International provides geospatial research and engineering services, including GIS, remote sensing, LiDAR, and geodesy, with a current focus on climate-change applications.
AgTechCleantechClimate TechData & InfrastructureDeep TechGovTechUnited States, US
Bishwa Acharya(President and CEO)
Earth Science Systems manufactures the Asphalt Pavement Scanner, a radar-based inspection system that provides real-time maps of compaction, density, temperature, and roughness for quality assurance and quality control during asphalt pavement construction.
Construction TechDeep TechHardwareIoT
ESSPI develops safety solutions for lithium-ion battery storage, transport, and management across the electrification supply chain.
CleantechEnergyHardwareIoTLogistics & Supply Chain
Engineering Mechanics Corporation of Columbus conducts contract research and development for government clients in nuclear and defense, and commercial clients in aeronautical, aerospace, and oil and gas sectors.
Deep TechDefense TechEnergyEnterprise SoftwareNew MaterialsColumbus, US
Dr. Gery Wilkowski
Guidedwave develops ultrasonic guided wave technology for non-destructive evaluation and structural health monitoring across infrastructure, aviation, power generation, and manufacturing.
Advanced ManufacturingDeep TechHardwareState College, US
Joseph L. Rose(Founder)
GCAS develops enterprise accounting and manufacturing ERP software solutions for government contractors and manufacturing entities, alongside defense engineering services utilizing AI and data analytics.
Advanced ManufacturingAI & Machine LearningDefense TechEnterprise SoftwareSan Marcos, US
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.
AI & Machine LearningIoTLogistics & Supply ChainMobility & TransportationSaaSChicago, US
Cory Hohs(Co-founder & CEO)inNoah Levens(Co-founder)inJigar Patel(Co-founder)in
Co-investorsDoon CapitalMichigan Capital NetworkStacked CapitalTechstarsThree Tree VenturesVolition Capital+4 more
Harmonia provides advanced technology solutions for U.S. federal government agencies, specializing in AI/ML, cybersecurity, data science, and cloud modernization using Agile and DevSecOps methodologies.
AI & Machine LearningCybersecurityEnterprise SoftwareGovTechBlacksburg, US
Pallabi Saboo(Co-founder, Strategic Advisor)Jai Saboo(Co-founder, Strategic Advisor)Marc Abrams(Co-founder, Chief Technology Officer)
Co-investorsMadison Dearborn Partners
AI-Fire is an AI-powered software tool for real-time detection and analysis of fire ignition events from high-impact collisions, capturing the complete fire lifecycle and measuring projectile impact orientation, flash angles, and extents.
AI & Machine LearningCybersecurityData & InfrastructureDeep TechDefense TechEnterprise Software
Dr. Bin Xie(Founder)
Innerspec develops non-destructive testing (NDT) equipment and inspection services, including ultrasonic, phased array, eddy current, and laser measurement technologies for industrial asset inspection.
Advanced ManufacturingAI & Machine LearningDeep TechHardwareIoTForest, US
iRT Inc. provides research consultation, evaluation, and technical services to organizations seeking to develop, validate, and implement health and social programs.
Data & InfrastructureDigital HealthEdTechGovTechHealthtechImpact & Social GoodMental HealthDurham, US
Janis Kupersmidt(Founder)
iAI Tech develops AI and machine learning solutions in computer vision, pattern recognition, and edge/IoT systems, applied to areas such as public safety, transportation, healthcare, and infrastructure.
AI & Machine LearningDeep TechIoT
Prof. Liu(Founder & AI Visionary; Founder of the Open AI Team (OAIT))
Integrated Solutions for Systems (IS4S) is an employee-owned engineering and management firm specializing in systems engineering, software development, and computational physics for government, military, and commercial customers.
Deep TechDefense TechDeveloper ToolsEnterprise SoftwareSpace TechHuntsville, US
Intellisense Systems designs and manufactures defense electronics and environmental monitoring systems, including meteorological/weather stations, avionics displays, and modular power management and distribution solutions.
Defense TechHardwareIoT
Interphase Materials works on projects related to surface and biological interfaces, including HVAC performance prediction, biocontamination control, and applications for power plants and maritime infrastructure.
CleantechDeep TechNew Materials
Volanno provides data analytics, software engineering, and system implementation services to advance transportation initiatives for government agencies and mid to large-sized companies.
AI & Machine LearningData & InfrastructureEnterprise SoftwareGovTechMobility & TransportationSaaS
Dawn Amore(Owner, President and CEO)
JENTEK Sensors manufactures portable and automated nondestructive evaluation (NDE) systems and in-situ sensing solutions for inspecting and qualifying high-value industrial assets and additive manufacturing processes.
Advanced ManufacturingDeep TechHardware
Neil Goldfine(Founder & President)
Luna Innovations develops fiber optics, nanomaterials, and precision assembly solutions across multiple technical domains.
Advanced ManufacturingData & InfrastructureDeep TechHardwareNew Materials
Kevin Ilcisin(President and Chief Executive Officer)Will Denman(Senior Vice President, General Manager, Optical Communications Testing Business Unit)
Mainstream Engineering develops and manufactures thermal management, power systems, refrigerated containers, and specialty products for government, military, commercial, and industrial applications.
Advanced ManufacturingDeep TechDefense TechEnergyHardwareRockledge, 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)
Sanchez Engineering develops optical and sensor-based technologies, including PIQuE software for Windows that analyzes geotagged image collections to detect photogrammetry reconstruction issues and an Android app for calculating drone flight parameters such as height, field of view, and ground sample distance.
AI & Machine LearningDeep TechHardware
Sanchez(Founder, Optical Engineer, Drone Pilot)
MTR (Membrane Technology and Research) designs modular membrane systems for industrial gas separation, including monomer and hydrogen recovery, LPG recovery, syngas upgrading, and CO2 removal from natural gas.
Advanced ManufacturingCleantechNew MaterialsNewark, US
Richard Baker(Founder)in
Co-investorsClimate Investment
MI is the for-profit commercialization arm of MTU/MTRI, formed to capitalize and monetize intellectual property and innovations arising from MTU/MTRI funded research.
Deep Tech
Gregory Leonard(President & Board Chairman)Jim Baker(Secretary)Suzanne Morin(Treasurer)Nikola Subotic(Board of Directors)Robert Shuchman(Board of Directors)
Nanohmics performs collaborative and client-funded research and advanced product development in applied materials science and instrumentation, building novel sensing devices and measurement platforms for applications such as surveillance, detection, and energy conversion.
CleantechDeep TechDefense TechEnterprise SoftwareHardwareNew MaterialsSemiconductors
Navitas Systems manufactures advanced lithium-ion battery solutions for industrial, defense, and mission-critical applications.
Advanced ManufacturingCleantechDeep TechDefense TechEnergyHardware
Navmar Applied Sciences Corporation provides engineering and technical services to the Department of Defense and industry, with specializations in unmanned aircraft systems design, avionics, sensors, electro-optics, and aerospace manufacturing.
Deep TechDefense TechDeveloper ToolsHardware
Nelson\Nygaard is a transportation consulting firm that provides expertise in equity-based planning, transit, specialized transportation, and parking management.
GovTechLogistics & Supply ChainMobility & Transportation
NGSIM develops transportation simulation, safety analysis, and operations planning tools for traffic networks, shared mobility systems, and advanced air mobility corridors.
Data & InfrastructureEnterprise SoftwareGovTechLogistics & Supply ChainMobility & Transportation
Li Zhang(Founder and President)Ying Zhang(Account, Finance, and Grant Administrations)Bhagyashri Tushir(Staff Engineer)
Novateur Research Solutions provides research, incubation, funding, and commercialization support for government and commercial clients, taking novel technologies from concept to market.
AI & Machine LearningDeep TechDefense TechAshburn, US
Khurram Hassan Shafique(President)Zeeshan Rasheed(Chief Technology Officer)Joseph Bercovic(Director of Strategic Growth)
Oceanit develops a diversified portfolio of products across aerospace and defense, energy, life sciences, and sustainable engineering using fundamental science and deep technological knowledge.
AI & Machine LearningDeep TechDefense TechEnergyEnterprise SoftwareHonolulu, US
Patrick K. Sullivan(Co-founder and CEO)
Omitron develops systems for space exploration, space superiority, and mission-critical asset protection, serving NASA, NOAA, DoD, and intelligence agencies through satellite ground systems, flight dynamics services, and mission operations.
Deep TechDefense TechDeveloper ToolsGovTechSpace TechBeltsville, US
Roger Simpson(President)Don Kidd(Vice President DOD/IC Programs)Doug Spiegel(Vice President Civil Programs)Marc LeBlanc(Chief Strategy Officer)
Optra manufactures edge computing devices with GPU and CPU capabilities designed for AI/ML vision tasks and automated visual inspection in retail and manufacturing settings.
AI & Machine LearningCloud ComputingEnterprise SoftwareHardwareIoT
PhosphorTech designs and develops customized LED lighting solutions and phosphor materials for applications ranging from consumer fixtures to specialized scientific and industrial uses.
Advanced ManufacturingCleantechDeep TechHardwareNew Materials
Photon-X develops 3D shape-based AI applications built on its proprietary Spatial Phase Imaging (SPI) sensor technology, which captures pixel-level surface data such as surface angles, refraction index, and surface normals across the electromagnetic spectrum.
AI & Machine LearningDeep TechDefense Tech
Co-investorsInvestcorp
Powdermet develops advanced materials with nano-scale engineered features to reduce weight, resource consumption, and environmental impact while improving energy efficiency across various applications.
Advanced ManufacturingCleantechDeep TechNew MaterialsEuclid, US
Andrew Sherman
Protection Engineering Consultants is an engineering and consulting firm providing protective design, research, and safety services for personnel, structures, vehicles, and infrastructure against hazards for commercial and government clients.
Deep TechDefense TechEnterprise SoftwareGovTech
Kirk MarchandDavid StevensCharles Oswald
Pulsar Informatics develops fatigue management software for aviation operations, helping schedulers, safety officers, and flight crews assess and mitigate fatigue risk in compliance with industry standards.
AI & Machine LearningDefense TechEnterprise SoftwareHealthtechSaaS
Dr. Mollicone(Co-founder)Matthew(Co-founder)Chris Mott(Technical Architect)
QuakeWrap develops and applies patented fiber-reinforced polymer (FRP) systems to repair and strengthen infrastructure such as seawalls, piles, pipelines, bridges, storage tanks, and industrial structures, including underwater and seismic retrofit work.
Advanced ManufacturingConstruction TechNew MaterialsTucson, US
Mo Ehsani(Founder)
Quantum Design International manufactures and distributes scientific and industrial instrumentation globally through a network of wholly owned subsidiaries.
AI & Machine LearningDeep TechHardwareNew MaterialsSan Diego, US
Miovision Adaptive is a decentralized AI system that optimizes traffic signal control in real-time to improve traffic flow, reduce congestion, and lower emissions across urban grid networks and corridors.
AI & Machine LearningGovTechMobility & TransportationPeterborough, CA
Co-investorsNeer Venture Partners
Resodyn Corporation is a research and development company that engineers and manufactures technology products and provides engineering and manufacturing services, developing solutions through public grants (such as SBIR) and private R&D contracts.
Advanced ManufacturingDeep TechHardware
RESPEC is an employee-owned engineering, applied science, and technology firm whose specialists provide solutions in areas including water resources, clean energy, digital transformation, smart infrastructure, and mining and energy.
CleantechConstruction TechData & InfrastructureDeep TechEnergyEnterprise SoftwareUnknown - Page does not state headquarters city, CA
Jason Love(Chief Executive Officer/President)Phil Welling(Chief Financial Officer/Treasurer)Jason Miller(Chief Administrative Officer)Russell Persyn(Chief Operating Officer)
Provides a software platform for cities and public transit agencies to plan and operate electric bus fleets, including battery sizing, fleet scheduling, greenhouse gas estimation, and a digital twin module for range prediction.
CleantechMobility & TransportationSaaS
RideAmigos offers CommuteHub, a cloud-based transportation demand management (TDM) platform for employers and public agencies to manage commuter and parking programs.
Climate TechMobility & TransportationSaaS
RS Solutions designs high-temperature IC test and reliability systems, including universal DIP ZIF test sockets rated up to 450C and thermal test systems.
Deep TechHardwareSemiconductors
An architectural, engineering, planning, and construction services firm providing planning and design services to clients across sectors including food and beverage processing, federal, transportation, and water infrastructure.
Construction Tech
SC Solutions provides custom process control, physics-based modeling, and structural engineering services for the semiconductor, advanced materials, energy, aerospace, and defense industries.
Construction TechDeep TechSemiconductorsSunnyvale, US
Gregory Loy(Co-founder & former CEO/President, Chairman of the Board)Chris Larsen(Chief Executive Officer & President)
Sciperio is a research and development company specializing in physical and biological innovation, with core capabilities in additively manufactured electronics, mechatronics, machine learning, printed electronics, and biological engineering.
AI & Machine LearningDeep TechHardware
Solar Roadways manufactures modular solar panel systems designed to replace traditional road surfaces, parking lots, and other infrastructure, generating clean power while providing integrated lighting, heating, and safety features.
CleantechEnergyHardwareSandpoint, US
Spectra Research provides advanced research, development, and manufacturing services for government and industry customers, specializing in electronic, electromagnetic, and laser technology products including antenna design, RFID, sensors, and electro-optical systems.
Deep TechDefense TechHardwareDayton, US
S+M is a transportation and urban mobility consulting firm led by transportation scientists and engineers focused on connected vehicles, intelligent transportation systems, electric mobility, and safety optimization.
AI & Machine LearningEnterprise SoftwareMobility & TransportationSaaS
Dr. Alireza Shojaei(CTO & Managing Partner)Dr. Burak Sen(CGO & Managing Partner)Dr. Haluk Laman(Managing Partner)Dr. Yalda Rahmati(Managing Partner)Dr. Tolga Ercan(Managing Partner)
Systems Technology, Inc. develops simulation products and human-machine interaction assessment solutions for aerospace, defense, and healthcare sectors.
AI & Machine LearningDeep TechDefense TechHardware
Duane T. McRuerIrving L. Ashkenas
TRI Austin performs research, development, and materials testing in advanced materials, including specialty polymer-based coatings, adhesives, sealants, and composite resins, and offers nondestructive evaluation and analytical lab services.
Deep TechDefense TechNew MaterialsAustin, US
J. Scott Thornton(Founder)
Navsys provides GNSS simulation and test software, including GPS/inertial navigation solutions for positioning and sensing applications.
Deep TechDefense TechDeveloper ToolsHardwareSpace TechColorado Springs, US
Alison K. Brown(Founder, President and Chief Executive Officer)
TOOL provides product design and engineering services from concept through manufacturing, with capabilities including CNC machines, 3D printing, and laser cutting.
Advanced ManufacturingConsumerDeveloper ToolsHardwareMedical DevicesBoston, US
John Fiegener(Founder)
Tapco provides information and support for finding and accessing government-provided safety grants, helping organizations identify and apply for relevant funding opportunities to advance traffic safety solutions.
Advanced ManufacturingGovTechHardwareIoTMobility & TransportationBrown Deer, US
Ray Bergholz
Triton is a defense contractor that develops mission-critical solutions and integrates emerging technology for the U.S. government and defense partners.
Deep TechDefense Tech
UFA develops integrated software and training solutions for safety operations across aviation, including air traffic control systems, pilot training, and airside operations for both civil and military sectors.
AI & Machine LearningDeep TechDefense TechBurlington, US
Lawrence A. Pennett(President)David L. Wolff(Chief Executive Officer)Maria G. DeSousa(Chief Financial Officer, Treasurer)Rajiv J. Sood(Vice President)in
BoardDaniel Raynor(Director)in
Co-investorsThe Argentum Group
ULC Technologies develops and deploys robotic and AI-powered technologies to help gas distribution utilities and energy providers meet ESG goals, including reducing methane emissions and improving grid reliability.
AI & Machine LearningCleantechConstruction TechEnergyRoboticsHauppauge, US
Jonathan Russell(General Manager)
Ultramet develops advanced materials solutions including refractory metals, platinum group metals, and ceramics through chemical vapor deposition for government and commercial markets operating in extreme environments.
Advanced ManufacturingDeep TechNew MaterialsCalifornia, US
Vox Biomedical develops photonic-based diagnostic devices for drug detection and neurological monitoring, with initial focus on roadside and workplace marijuana breath analyzers for law enforcement and industrial markets.
BiotechDeep TechGovTechHardwareMedical DevicesBedford, US
Arash Aslani(VP/GM)Roger Little(CEO)Kurt Linden(Senior Scientist)
BiotechWayne, US
Godfrey Nazareth(President, CEO, Secretary & Treasurer)inMatthew Maltese(Director)
Zeteo Tech develops mass spectrometry and detection technologies for biomedical, defense, and security applications, including bioaerosol detection and breath analysis.
BiotechDeep TechDefense TechMedical DevicesSykesville, US
Charles J. Call(Executive Officer, Director)inWayne Bryden(President and CEO)inTom McCreery(VP, Innovation / Chief Innovation Officer)inMike McLoughlin(VP, Research / Chief Technology Officer)Susan Furney(Chief Operating Officer)Jerry Carlisle(Chief Financial Officer)
Co-investorsAnzu PartnersCottonwood Technology Fund
Other
Tracked investments with no reachable website or further public details — typically companies that wound down, renamed, or were absorbed.
ACCURATE AUTOMATION CORPORATIONAKELA INCATS-MER, LLCCYBERNET SYSTEMS CORPORATIONDANIEL H WAGNER ASSOCIATES INCINVOCON, INC.M-VISION INCMATERIALS SCIENCES LLCPrime Photonics, LCPROGENY SYSTEMS, LLCRct Systems, Inc.Science Research Laboratory, IncSOLERS INC.SOUTHWEST SCIENCES INCTHOUGHTVENTIONS UNLIMITED LLCUES INC
Exits · 1
1 acquisitionsRapidflowtechacq. by Miovision
Portfolio news
latest coverage across their companiesMTR · finance.yahoo.com · Aug 17, 2026
Frequently asked questions
- How many investments has Department of Transportation made?
- Department of Transportation has 164 tracked investments, 1 of which have exited.