Food and Drug Administration (FDA)
Grant agencyInvestment thesis
A small SBIR program funding regulatory-science and food-safety technology.
SBIR/STTR awards Β· non-dilutive funding
Federal grants and contracts to small businesses β no equity taken. Awards on record 2004β2023.
75 Phase I Β· 19 Phase II Β· most-funded states: CA, TX, MA, AR, PA
| Recent awardees | Phase | Year | Amount |
|---|---|---|---|
| TRIPLE RING TECHNOLOGIES INCNewark, CA | Phase II | 2023 | $661.8K |
| TRIPLE RING TECHNOLOGIES INCNewark, CA | Phase I | 2023 | $199.4K |
| Sonata ScientificDanbury, CT | Phase II | 2023 | $591K |
| BIOINFOEXPERTS LLCThibodaux, LA | Phase I | 2023 | $295.9K |
| En Solucion IncWilmington, DE | Phase I | 2023 | $295.9K |
| FANNIN PARTNERS LLCHouston, TX | Phase I | 2023 | $200K |
| TRIPLE RING TECHNOLOGIES INCNewark, CA | Phase I | 2022 | $198.9K |
| VENARUM MEDICAL LLCFair Haven, NJ | Phase II | 2022 | $831.5K |
| NANOHMICS INCAustin, TX | Phase II | 2022 | $793K |
| NANOHMICS INCAustin, TX | Phase I | 2022 | $259.6K |
| THERAFLUOR, INC.Eugene, OR | Phase I | 2022 | $259.6K |
| En Solucion IncWilmington, DE | Phase I | 2022 | $259.6K |
| Sonata ScientificBethel, CT | Phase I | 2022 | $200K |
| ADVANCED COOLING TECHNOLOGIES INCLancaster, PA | Phase I | 2022 | $200K |
| Apricity TherapeuticsAtherton, CA | Phase I | 2022 | $168.4K |
| AKONNI BIOSYSTEMS INCFrederick, MD | Phase I | 2021 | $168.1K |
| TRIPLE RING TECHNOLOGIES INCNewark, CA | Phase I | 2021 | $168.1K |
| TRACE-ABILITY INCSanta Monica, CA | Phase I | 2021 | $168.1K |
| FUNCTIONAL FLUIDICS INC.Grosse Pointe Park, MI | Phase I | 2020 | $168.1K |
| En Solucion IncWilmington, DE | Phase II | 2020 | $2.2M |
| NANOHMICS INCAustin, TX | Phase I | 2020 | $168.1K |
| RPRD Diagnostics, LLCWauwatosa, WI | Phase I | 2020 | $168.1K |
| CFD RESEARCH CORPORATIONHuntsville, AL | Phase I | 2020 | $168.1K |
| Apricity TherapeuticsAtherton, CA | Phase I | 2020 | $168K |
| VENARUM MEDICAL LLCFair Haven, NJ | Phase I | 2020 | $167.6K |
| Applied BioMath, LLCWinchester, MA | Phase I | 2019 | $150K |
| CFD RESEARCH CORPORATIONHuntsville, AL | Phase II | 2019 | $999.9K |
| LOOKIN, INC.Los Angeles, CA | Phase I | 2019 | $150K |
| HC SIMULATION LLCCanton, MS | Phase II | 2018 | $441K |
| TRUMEDICINES LLCSammamish, WA | Phase I | 2018 | $225K |
Source: SBIR.gov award data (U.S. Small Business Administration). SBIR/STTR awards are non-dilutive β the agency takes no equity.
What they invest in
from 17 of 32 portfolio companiesBiotech Γ8Deep Tech Γ8Healthtech Γ6Hardware Γ5Digital Health Γ4AgTech Γ2AI & Machine Learning Γ2Medical Devices Γ2
HQs:United StatesΓ11
Investments Β· 32 tracked
founders shown can be your intro pathBy year:2023 Β· 12022 Β· 12021 Β· 32020 Β· 32019 Β· 12018 Β· 22017 Β· 32016 Β· 42015 Β· 321 dated
Advanced Cooling Technologies (ACT) develops, engineers, and manufactures thermal management products and provides related services including product development, manufacturing, and post-delivery support such as spare parts, repairs, and field servicing.
Advanced ManufacturingDeep TechHardware
BiotechFredrick, US
Charles Daitch(Executive Officer, Director)Jon Davis(Executive Officer)George Rudy(Executive Officer)Jennifer Reynolds(Executive Officer)Darrell Chandler(Executive Officer)
BoardTom McMahon(Director)
HealthtechWinchester, US
John Burke(Manager)Joshua Apgar(Manager)Andrew Sutherland(Manager)Vihann Kong(Manager)
BoardPeter Sorger(Manager)
CFD Research is a private company recognized on the Inc. 5000 list of America's fastest-growing private companies.
Deep Tech
Functional Fluidics is a CLIA-certified diagnostic lab offering proprietary red blood cell function biomarker assays, starting with Sickle Cell Disease.
BiotechDigital HealthHealthtechMedical DevicesDetroit, US
Patrick Hines(CEO & Founder)Dr. Hines(Founder)John Cunningham(Chief Operating Officer)
Co-investorsID VenturesMichigan RiseNYBC VenturesSeae VenturesWavemaker Three-Sixty Health
BiotechDrexel, US
David S Alburty(Executive Officer, Director)Kathleen Ruegsegger(Executive Officer, Director)Andrew E Page(Executive Officer, Director)
BoardMichael Heckman(Director)Paul Bertrand(Director)
Lynntech is a research and development company whose scientists and engineers create technologies across areas including artificial intelligence, medical diagnostic devices, hybrid energy systems, biomedical therapies, defense safety and training, and additive manufacturing.
Deep TechDefense TechMedical Devices
Philadelphia, US
Bernardo Cordovez(Executive Officer)Robert Wicke(Executive Officer, Director)Robert Hart(Executive Officer)
Phoebus Optoelectronics develops advanced electromagnetic and optical technologies, offering custom design, simulation, and materials/device R&D in metamaterials, photonic crystals, and plasmonic crystals across visible, infrared, THz, and microwave ranges for applications such as solar cells, infrared imaging, sensors, and antennas.
Deep TechHardwareNew Materials
RPRD is a CAP- and CLIA-certified laboratory that develops and offers pharmacogenomic (PGx) testing designed to be inclusive across races and ethnicities, helping clinicians tailor drug prescriptions to a patient's genetic profile.
BiotechDigital HealthHealthtech
Ulrich Broeckel(Founder and CEO)
SafeTraces develops technology to measure and verify indoor air quality and ventilation performance, aimed at ensuring air safety in indoor environments.
BiotechCleantechDeep TechHardwareHealthtechPleasanton, US
Ulrike Hodges(Director)Antonios Zografos(Executive Officer, Director)John Kraus(Director)Rob Veres(Director)
Co-investorsCity LightS2G Investments
IEH provides laboratory testing services for food safety, offering expedited sample analysis and quality assurance to companies across the food industry.
BiotechFoodTech
TDA Research Inc. is a research and development company that develops commercial products and technologies across the defense/aerospace, medical, materials, and energy industries, bringing them to market through direct sales, distribution agreements, spin-off companies, and licensing.
Deep TechEnergyNew MaterialsGolden, US
Newark, US
Joseph Anthony Heanue(Executive Officer, Director)Brian Patrick Wilfley(a Director prior to November 23, 2015)Lester John Lloyd(a Director prior to November 23, 2015)Augustus Percival Lowell(a Director prior to November 23, 2015)Philip Henry Devlin(Executive Officer)Muslim Tyebjee(Executive Officer)
Co-investors1315 Capital
TruMedicines makes TelePack, a device with an 8-inch touchscreen that combines video conferencing, AI-driven personalized medication management, and 24/7 avatar-based health coaching for patients managing their medications at home.
AI & Machine LearningDigital HealthHealthtech

