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Environmental Protection Agency (EPA)

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Investment thesis

The EPA is a U.S. federal agency, not an investment firm. Its mission is to protect human health and the environment by ensuring clean air, land, and water, and by grounding environmental risk reduction in the best available science. It develops and enforces regulations implementing environmental laws, provides grants to states, non-profits, and educational institutions, studies environmental issues at national laboratories, sponsors partnerships with businesses and governments, and educates and informs the public. Roughly half of its budget goes to grants supporting state environmental programs, community cleanups, and scientific studies.

Source: firm website, verified Sep 20, 2026.

SBIR/STTR awards · non-dilutive funding

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

Awards
1,991
Companies funded
699
Total awarded
$220.5M
Median award
$70K

1,485 Phase I · 506 Phase II · most-funded states: CA, MA, CO, OH, TX

Recent awardeesPhaseYearAmount
KEBOTIX INCCambridge, MAPhase II2023$400K
Imvela Corp.Brooklyn, NYPhase I2023$100K
TRANSFOAM LLCCharlottesville, VAPhase I2023$100K
SANITARY GREEN INCORPORATEDBend, ORPhase I2023$100K
CENSYS TECHNOLOGIES CORPORATIONDaytona Beach, FLPhase I2023$99.4K
CAN I RECYCLE THIS INCAthens, GAPhase I2023$98.9K
KLAW INDUSTRIES LLCBinghamton, NYPhase II2023$400K
ZABBLE, INC.Walnut Creek, CAPhase II2023$400K
Triangle Environmental Health Initiative LLCDurham, NCPhase II2023$400K
Sonata ScientificDanbury, CTPhase II2023$400K
OHIO LUMEX CO INCSolon, OHPhase II2023$400K
GEOMETRIC DATA ANALYTICS INC.Chapel Hill, NCPhase II2023$399.1K
CLEANROBOTICSLongmont, COPhase II2023$370.1K
BETA ANALYTIC, INC.Miami, FLPhase I2023$100K
GOODGAMES LLCFreeport, MEPhase I2023$100K
SEACOAST SCIENCE, INC.Carlsbad, CAPhase I2023$100K
EIC LABORATORIES, INC.Norwood, MAPhase I2023$100K
ZABBLE, INC.Walnut Creek, CAPhase I2023$100K
D & D Products IncorporatedNorth Prairie, WIPhase I2023$100K
CITY OF ROSES DISPOSAL & RECYCLING INCPortland, ORPhase I2023$100K
CLEANED AND GREEN, LLCIndian Springs Village, ALPhase I2023$100K
MESA PHOTONICS LLCSanta Fe, NMPhase I2023$100K
HJ SCIENCE & TECHNOLOGY INCSan Leandro, CAPhase I2023$100K
KAMILO, INC.San Francisco, CAPhase I2023$100K
FOREVER ANALYTICAL SERVICES, INC.South Bend, INPhase I2023$100K
SPORIAN MICROSYSTEMS, INCLafayette, COPhase I2023$100K
Optimized Thermal Systems, Inc.Beltsville, MDPhase I2023$99.9K
J-TECH LLCLakewood, COPhase I2023$99.9K
Edvance Research, Inc.Dayton, OHPhase I2023$99.9K
WISELY, INC.Wilmington, NCPhase I2023$99.9K

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

HQ
Washington, US
Instruments
Grants
Tracked investments
206
IPOs
1
Acquisitions
1

What they invest in

from 151 of 206 portfolio companies

Deep Tech ×86Hardware ×68New Materials ×59Cleantech ×58Advanced Manufacturing ×43Defense Tech ×34Climate Tech ×30Energy ×26

HQs:United States×104

Investments · 206 tracked

founders shown can be your intro path

By year:2022 · 122021 · 352020 · 132019 · 122018 · 102017 · 72016 · 62015 · 82014 · 72013 · 72012 · 62011 · 5178 dated

Biolargobiolargoengineering.comOTC: BLGOMay 2019 · $99.8K

BioLargo Engineering provides environmental engineering services, technology development, and manufacturing of patented water and air treatment products for industrial and commercial clients.

Advanced ManufacturingCleantechClimate TechEnterprise SoftwareSanta Ana, US

Kenneth R. Code(Executive Officer, Director)inCharles K. Dargan(Executive Officer)Joseph L. Provenzano(Executive Officer, Director)Charles K. Dargan, II(Executive Officer)Dennis Calvert(CEO)inRandall Moore(President)in

Alaska Plastic Recoveryalaskaplasticrecovery.com✓ verified

Alaska Plastic Recovery converts recycled plastics sourced from ocean debris, residential programs, and industry into construction products using a mobile processing facility.

Circular EconomyCleantechConstruction TechNew MaterialsAlaska, US

Co-investors49th State Angel Fund

2WITECH SOLUTIONS LLC2witech.comMay 2019 · $400K

2Witech Solutions develops sensing products for water monitoring and contamination detection using engineered nanostructures.

CleantechDeep TechNew Materials

3D ARRAY TECHNOLOGY LLC3-dat.comSep 2015 · $100K
AA PLASMA LLCaaplasma.cominOct 2018 · $600K

AAPlasma is an engineering company that researches and develops advanced oxidation processes using non-equilibrium "cold" plasma, UV, and high-voltage electronics, and partners with industry clients to integrate these systems for applications like air cleaning, water treatment, disinfection, and food safety.

CleantechDeep TechNew MaterialsPhiladelphia, US

Greg Fridman(Co-founder)Charles Bailey(Co-founder)

ACCURATE ENVIRONMENTAL LLCaccuratelabs.comOct 2018 · $100K

Accurate Environmental provides environmental laboratory testing, field services, and lab supplies, along with operator training programs.

CleantechClimate Tech

ACCUSTRATA INCaccustrata.comMar 2010 · $140K

AccuStrata develops in situ optical monitoring and control systems for manufacturing processes in solar, precision optics, energy-efficient windows, LEDs, and advanced lithography.

Advanced ManufacturingAI & Machine LearningCleantechDeep TechHardwareSaaSRockville, US

Dr. George Atanasoff(Founder and President)Dr. Marc Epstein(Founder and Chairman of the Board of Directors (until 2017))Dr. Christopher Metting(Founder and Director)Steve Seiden(Founder and Director)Serge Gagolin(Founder and Director)Dr. Bruce Craig(Founder and Director)

Active Spectrum, Inc.activespectrum.comFeb 2009 · $139.6K

A content website publishing blog articles on health and wellness topics such as fitness, mental health, home care, and chiropractic treatment.

Media & EntertainmentWellness & Fitness

ADA TECHNOLOGIES, INC.adatech.comMar 2004 · $1.9M

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, LLCgetathero.comMar 2021 · $100K
Adherent Technologies, Inc.adherent-tech.comMar 2007 · $670K

Adherent Technologies develops specialty materials, processes, and coatings for aerospace, defense, and industrial applications, with expertise in composite materials, adhesives, polymers, and environmental solutions.

Deep TechDefense TechNew Materials

Dr. Ronald E. Allred(President and Owner/Founder)

ADVANCED FUEL RESEARCH, INC.afrinc.comMar 2007 · $1.6M
ADVANCED TECHNOLOGIES & TESTING LABORATORIES INCtransformair.netSep 2015 · $98.9K

Transformair offers smart air purifiers and ultrasonic humidifiers for the home, using patented PECO photocatalytic technology combined with carbon and HEPA filtration to remove pollutants, allergens, and microbes.

ConsumerHardwareWellness & Fitness

ADVR, INC.advr-inc.comMar 2010 · $140K
AERODYNE RESEARCH INCaerodyne.comMar 2004 · $3.7M

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

Climate TechDeep TechHardware

AEROSOL DYNAMICS INCaerosol.usMar 2004 · $717.3K
Agiltronagiltron.comin𝕏Mar 2008 · $709.8K

Payment processing portal for businesses to accept and manage transactions.

Advanced ManufacturingDeep TechDefense TechFintechHardwareBoston, US

ALTEX TECHNOLOGIES CORPORATIONaltextech.comMar 2006 · $3M

Altex develops combustion, thermal management, and fuels processing technologies for power systems including fuel cells, gas turbines, and biomass conversion systems.

CleantechClimate TechDeep TechEnergySan Jose, US

AOLaol.com

AOL was an internet service provider and online platform that provided email, instant messaging, and chat services to consumers in the early digital era.

ConsumerCybersecurityMedia & Entertainment

Co-investorsBantam GroupKleiner PerkinsRaptor GroupUpfront Ventures

Applied Sciences Inc.apsci.comMar 2006 · $1.3M
Aquaggaaquagga.cominMar 2021 · $600K

Aquagga develops field-deployable technology that uses a patented hydrothermal process to permanently destroy PFAS chemicals, breaking them down into harmless byproducts.

Advanced ManufacturingCleantechClimate TechDeep TechEnterprise SoftwareTacoma, US

Brian Pinkard(Cofounder)inNigel Sharp(Co-Founder & former CEO)inChristopher Woodruff(Executive Officer, Director)

Co-investorsVertueLab

ARETE ASSOCIATESarete.com𝕏

Areté develops geospatial intelligence and sensing solutions for space-based and satellite applications, with deep learning and analytics capabilities serving national security and safety missions.

Deep TechDefense TechHardwareSpace Tech

ARTIUM TECHNOLOGIES, INC.artium.com

Artium manufactures scientific measurement instruments including particle imaging probes and inkjet droplet measurement systems for research and industrial applications.

Advanced ManufacturingClimate TechDeep TechEnergyHardwareSunnyvale, US

William D. Bachalo(President & CEO)

Aruna Bioarunabio.comMay 2013 · $380K

Aruna Bio develops a proprietary neural exosome platform and a lead therapeutic neural cell-derived exosome, AB126, designed to cross the blood-brain barrier.

BiotechHealthtechAthens, US

Steven Stice(Chief Scientific Officer and Director)inHarold W. Ingalls(Chief Financial Officer and Director)Tracey Stice(Chief Operating Officer and Secretary)

BoardJohn F. Mangan, Jr.(Director)C. William Griffin(Director)Russell C. Lindner(Director)

Co-investorsEshelman Ventures, LLCEvolution VC PartnersGRA Venture

Babington Technologybabingtontechnology.cominNov 2016 · $99.5K

Babington Technology engineers mobile feeding systems and heat-on-demand solutions for military personnel, first responders, and commercial foodservice operations.

Advanced ManufacturingDefense TechFoodTechHardware

BETA ANALYTIC, INC.radiocarbon.cominDec 2022 · $100K

A radiocarbon dating laboratory offering carbon-14 analysis services; the page shown only lists holiday and lab closure schedules, providing limited detail about its offerings.

Deep Tech

BIOPICO SYSTEMS Inc.biopico.cominMay 2014 · $100K

BioPico develops pre-seeded tissue culture plates that enable reproducible studies of microvascular biology and cell interactions.

BiotechDeep TechHealthtechMedical Devices

Bluewillowbluewillow.comMar 2004 · $589.1K

BlueWillow Biologics develops an intranasal vaccine delivery platform using novel oil-in-water emulsion technology to address pandemic preparedness, infectious diseases, and food allergies.

BiotechHealthtechMedical DevicesAnn Arbor, US

Chad Costley(President and Chief Executive Officer)inGeorge Arida(Chief Financial and Operating Officer)inJakub Simon(Chief Medical Officer)

Co-investorsMichigan Capital Network

Bridger Photonicsbridgerphotonics.cominFeb 2009 · $690K

Bridger Photonics develops Gas Mapping LiDAR technology and analytics to detect and measure methane emissions from oil and gas operations, helping operators reduce emissions, cut costs, and meet regulatory requirements.

Climate TechDeep TechEnergyBozeman, US

Pete Roos(Co-founder, Chief Innovation Officer)in

Co-investorsNext Frontier Capital

BRISEA INTERNATIONAL DEVELOPMENT INCbrisea.comMay 2019 · $100K

BRISEA Group provides technology incubation, project development, financing, and investment services focused on sustainable development and environmental solutions.

CleantechClimate TechEnergyImpact & Social GoodParsippany, US

CALYX INCcalyxtechs.comin𝕏Sep 2017 · $100K

Calyx provides precision sensing and AI-powered flock monitoring solutions for poultry producers, turning camera and sensor data into actionable insights for harvest planning and operational efficiency.

AgTechAI & Machine LearningHardwareIoTBerkeley, US

Capro-Xcapro-x.comMar 2020 · $500K

New York, US

Juan Guzman(Executive Officer, Director)in

Catapower Inc.catapowerinc.comMar 2020 · $100K

Catapower develops lactate salt products derived from low-value byproducts, serving industrial and chemical markets through proprietary catalytic processes.

CleantechDeep TechNew MaterialsPasadena, US

Zhiyao Lu(Co-Founder & CTO)Travis Williams(Co-Founder & Scientific Advisor)

Censys Technologiescensystech.comin𝕏Dec 2022 · $99.4K

Censys Technologies designs and manufactures fixed-wing VTOL drones, dock systems, and AI-powered edge computing platforms for autonomous inspection of critical infrastructure, primarily serving utilities and energy providers for power line monitoring and vegetation management.

AI & Machine LearningEnergyEnterprise SoftwareHardwareDaytona Beach, US

John Lobdell(Co-Founder, Chief Technology Officer & VP)inTrevor Perrott(Co-Founder, President & Chief Executive Officer)inPayal Chaudhari(Co-Founder & Chief Administrative Officer)in

BoardNoel Heiks(Director)inDavid Scalzo(Director)in

Co-investorsCollective Capital VenturesKirenaga PartnersDecibel PartnersGreylock PartnersGV (Google Ventures)Intel Capital

ChemImage Corporationchemimage.comMar 2004 · $70K
CIENCIA INCciencia.comMar 2006 · $575K

Ciencia develops the Centinela platform, an optical diagnostics system for performing scientific assays at lower cost than traditional methods, serving academic researchers and clinical diagnostics applications.

BiotechDigital HealthMedical Devices

CINTEREST LLCc-interest.cominDec 2021 · $100K

C-Interest develops biochar-filled composite materials for sustainable plastic and construction applications, serving packaging, agricultural, and building industries by replacing traditional carbon fillers with biochar derived from waste feedstocks.

Circular EconomyCleantechClimate TechNew Materials

Thomas Trabold(CEO)inDr. Hernández-CharpakSachin Bhide

CIRTcirt.techinDec 2022 · $98.9K

CIRT is a data and software platform for managing sustainable packaging compliance, labeling, recovery data, and impact tracking, helping brands meet regulatory requirements such as EPR reporting across multiple jurisdictions.

Circular EconomyClimate TechSaaS

Kat Shayne(Founder)in

Co-investorsTech Square Ventures

CITY OF ROSES DISPOSAL & RECYCLING INCcordr.cominDec 2022 · $100K

A waste disposal and recycling company serving the Portland, Oregon market with a focus on providing career advancement opportunities for people of color.

Circular EconomyCleantechClimate TechPortland, US

Al Simpson(Founder)

Claros Technologies Inc.clarostech.cominMay 2019 · $100K

Claros Technologies develops technology to detect and destroy PFAS ("forever chemicals") at commercial scale, targeting elimination of long, short, and ultra-short chain PFAS.

CleantechClimate TechNew Materials

Michelle Bellanca(CEO & Co-Founder)

Clean Roboticscleanrobotics.comDec 2021 · $469.8K

Co-investorsMonozukuri Ventures

CleanFibercleanfiber.comMay 2014 · $100K

CleanFiber manufactures cellulose-based insulation from recycled newsprint for the building materials industry.

Advanced ManufacturingCircular EconomyCleantechConstruction TechNew MaterialsBuffalo, US

Sami Rahman(CEO)inErik Gregory(Chief Financial Officer)inJonathan Strimling(Executive Officer)James Austin(Executive Officer)Marco Peterson(Executive Officer, Director)

BoardNoah Lerner(Director)in

Co-investorsAligned Climate CapitalBoston Harbor AngelsClean Energy VentureClimate Innovation CapitalGlobal BrainKeiretsu Forum+7 more

Compact Membrane Systemscompactmembrane.cominMar 2004 · $3.7M

New Castle, US

Erica Nemser(Executive Officer, Director)inBill Charlton(Executive Officer)Bennett Nemser(Director)

BoardGuido Radaelli(Director)Chris Erickson(Director)Tony Sun(Director)

Co-investorsChevron Technology VenturesPangaea Ventures

CONTINUUM DYNAMICS INCcontinuum-dynamics.cominSep 2002 · $434.2K

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)

CORUMAT, INC.growplastics.comMay 2014 · $98.8K
CREARE LLCcreare.cominMay 2019 · $494.7K

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)

CTI AND ASSOCIATES, INC.cticompanies.cominMar 2020 · $100K

CTI is a full-service contractor providing environmental remediation, construction, and testing services to federal, industrial, and state/local government clients across the United States.

CleantechConstruction TechUnited States, US

CYCLOPURE, INC.cyclopure.comin𝕏Mar 2021 · $100K

CycloPure makes water filtration systems that remove PFAS (per- and polyfluoroalkyl substances) and chlorine from household water supplies.

CleantechClimate TechConsumerHardwareHealthtechImpact & Social GoodNew Materials

Frank Cassou(Founder)

CYPRIS MATERIALS, INC.cyclotronroad.orgDec 2021 · $100K

Cyclotron Road is a fellowship program based at Lawrence Berkeley National Lab that supports entrepreneurial scientists commercializing hard-technology innovations, providing a living stipend, research funding, entrepreneurial training (with partner Activate), and access to the lab's facilities and experts.

CleantechDeep TechImpact & Social GoodBerkeley, US

D & D Products Incorporatedaquarius-systems.comDec 2022 · $100K
DIVERSIFIED TECHNOLOGIES, INC.divtecs.com

Diversified Technologies, Inc.

Advanced ManufacturingDeep TechDefense TechEnergyHardwareBedford, US

DYNAFLOW, INC.dynaflow-inc.comin𝕏

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

E PAINT COMPANYepaint.com

ePaint manufactures and sells copper-free antifouling paints designed to prevent biofouling on boats and marine vessels while being environmentally safe.

Advanced ManufacturingCleantechConsumerE-commerceNew MaterialsStuart, US

EARTH MERCHANT LLCearthmerchant.cominMar 2021 · $100K

Earth Merchant produces Hempcrete building materials, including its proprietary OlogyBrick — a bio-based, carbon-negative composite made from industrial hemp, lime, and plant derivatives used as insulating infill in construction.

CleantechConstruction TechNew MaterialsLebanon, US

Edenspace Systems Corporationedenspace.comMar 2005 · $939.3K
Edvance Research, Inc.edvanceresearch.comDec 2022 · $99.9K
EIC LABORATORIES, INC.eiclabs.comApr 2004 · $1.1M
ELECTRO MECHANICAL ASSOCIATES INCelectro-mechanical.netMay 2013 · $80K

Electro-Mechanical Associates manufactures specialized research equipment for engine testing and analysis, including combustion analyzers, engine controllers, dynamometers, and diagnostic instruments for laboratories and research facilities.

Advanced ManufacturingDeep TechHardwareMobility & Transportation

ELECTRON ENERGY CORPelectronenergy.comin𝕏Mar 2012 · $380K

EEC manufactures and supplies magnet products for use in equipment and assemblies across multiple industries, including medical and aerospace applications.

Advanced ManufacturingDefense TechHardwareNew MaterialsPennsylvania, US

Marlin S. Walmer

ELECTRONIC BIOSCIENCES, INC.electronicbio.comFeb 2009 · $140K

Electronic Bio designs low-noise electronic systems for measuring nanopores and ion channels, with applications in DNA sequencing, ion channel characterization, and chemical sensing.

BiotechDeep TechHardwareSan Diego, US

Other

Tracked investments with no reachable website or further public details — typically companies that wound down, renamed, or were absorbed.

ATS-MER, LLCElectrochem, Inc.ESPIN TECHNOLOGIES, INC.JP LABORATORIES INCMIDE TECHNOLOGY CORPSystems & Processes Engineering CorporationUHV Technologies Inc

Browse all 206 investments with full details →

6 more tracked companies

XIMAX Technologies Corporation LtdXPLOSAFE LLCXtalicZABBLE, INC.Zeteo TechZila Works LLC

Exits · 2

1 IPOs · 1 acquisitions

BiolargoOTC: BLGOUnearthacq. by Procore

Portfolio news

latest coverage across their companies

Frequently asked questions

How many investments has Environmental Protection Agency (EPA) made?
Environmental Protection Agency (EPA) has 206 tracked investments, 2 of which have exited.
What sectors does Environmental Protection Agency (EPA) focus on?
Environmental Protection Agency (EPA) focuses on Climate Tech, Impact & Social Good.
Where is Environmental Protection Agency (EPA) located?
Environmental Protection Agency (EPA) is headquartered in Washington, US.

Images

Environmental Protection Agency (EPA) photoEnvironmental Protection Agency (EPA) photoEnvironmental Protection Agency (EPA) photo

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