Fundraising Fox

Food and Drug Administration (FDA)

Grant agency

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Investment thesis

A small SBIR program funding regulatory-science and food-safety technology.

SBIR/STTR awards · non-dilutive funding

Federal grants and contracts to small businesses — no equity taken. Awards on record 2004–2023.

Awards
94
Companies funded
63
Total awarded
$26.9M
Median award
$150K

75 Phase I · 19 Phase II · most-funded states: CA, TX, MA, AR, PA

Recent awardeesPhaseYearAmount
TRIPLE RING TECHNOLOGIES INCNewark, CAPhase II2023$661.8K
TRIPLE RING TECHNOLOGIES INCNewark, CAPhase I2023$199.4K
Sonata ScientificDanbury, CTPhase II2023$591K
BIOINFOEXPERTS LLCThibodaux, LAPhase I2023$295.9K
En Solucion IncWilmington, DEPhase I2023$295.9K
FANNIN PARTNERS LLCHouston, TXPhase I2023$200K
TRIPLE RING TECHNOLOGIES INCNewark, CAPhase I2022$198.9K
VENARUM MEDICAL LLCFair Haven, NJPhase II2022$831.5K
NANOHMICS INCAustin, TXPhase II2022$793K
NANOHMICS INCAustin, TXPhase I2022$259.6K
THERAFLUOR, INC.Eugene, ORPhase I2022$259.6K
En Solucion IncWilmington, DEPhase I2022$259.6K
Sonata ScientificBethel, CTPhase I2022$200K
ADVANCED COOLING TECHNOLOGIES INCLancaster, PAPhase I2022$200K
Apricity TherapeuticsAtherton, CAPhase I2022$168.4K
AKONNI BIOSYSTEMS INCFrederick, MDPhase I2021$168.1K
TRIPLE RING TECHNOLOGIES INCNewark, CAPhase I2021$168.1K
TRACE-ABILITY INCSanta Monica, CAPhase I2021$168.1K
FUNCTIONAL FLUIDICS INC.Grosse Pointe Park, MIPhase I2020$168.1K
En Solucion IncWilmington, DEPhase II2020$2.2M
NANOHMICS INCAustin, TXPhase I2020$168.1K
RPRD Diagnostics, LLCWauwatosa, WIPhase I2020$168.1K
CFD RESEARCH CORPORATIONHuntsville, ALPhase I2020$168.1K
Apricity TherapeuticsAtherton, CAPhase I2020$168K
VENARUM MEDICAL LLCFair Haven, NJPhase I2020$167.6K
Applied BioMath, LLCWinchester, MAPhase I2019$150K
CFD RESEARCH CORPORATIONHuntsville, ALPhase II2019$999.9K
LOOKIN, INC.Los Angeles, CAPhase I2019$150K
HC SIMULATION LLCCanton, MSPhase II2018$441K
TRUMEDICINES LLCSammamish, WAPhase I2018$225K

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
32

What they invest in

from 15 of 32 portfolio companies

Biotech ×7Deep Tech ×6Healthtech ×5Hardware ×4AgTech ×2AI & Machine Learning ×2Digital Health ×2New Materials ×2

HQs:United States×11

Investments · 32 tracked

founders shown can be your intro path

By year:2023 · 12022 · 12021 · 32020 · 32019 · 12018 · 22017 · 32016 · 42015 · 321 dated

3DP Security Inc3dpsecurity.comSep 2017 · $65.3K
ADVANCED COOLING TECHNOLOGIES INC1-act.comSep 2022 · $200K

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

Akonni Biosystemsakonni.comSep 2021 · $168.1K

BiotechFredrick, US

Tom McMahon(Director)Chuck Parrish(Director)Jon Davis(Executive Officer)Charles Daitch(Executive Officer, Director)Darrell Chandler(Executive Officer)Michael Farmer(Director)

Applied BioMathappliedbiomath.comSep 2019 · $150K

HealthtechWinchester, US

Andrew Sutherland(Manager)John Burke(Manager)Joshua Apgar(Manager)Vihann Kong(Manager)Peter Sorger(Manager)

Biodetection Instruments, Incbiodetection-instruments.comSep 2015 · $1M
BIOINFOEXPERTS LLCbioinfox.comSep 2023 · $295.9K

BioInfoExperts provides pathogen genomics services including genetic characterization, molecular research, experimental design, and pathogen sequencing analytics for research teams.

AI & Machine LearningBiotechDigital HealthAlachua, US

BIOO SCIENTIFIC CORPORATIONbiooscientific.com
CFD RESEARCH CORPORATIONcfd-research.comSep 2016 · $1.3M

CFD Research is a private company recognized on the Inc. 5000 list of America's fastest-growing private companies.

Deep Tech

Companion Sciences, Inc.companionsciences.comApr 2017 · $150K
Functional Fluidicsfunctionalfluidics.comin𝕏Sep 2020 · $168.1K

Functional Fluidics develops diagnostic tools to objectively monitor red blood cell health in patients with Sickle Cell Disease.

BiotechHealthtechMedical DevicesDetroit, US

John Cunningham(Chief Operating Officer)Patrick Hines(CEO & Founder)

H2Optx Inch2optx.comSep 2017 · $65.3K
Innovaprepinnovaprep.com

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 INC.lynntech.com
NANOHMICS INCnanohmics.comSep 2020 · $1.2M

Nanohmics develops a chip-scale snapshot hyperspectral image sensor that integrates into standard COTS imaging systems with minimal size, weight, and power impact.

Deep TechHardwareSemiconductors

Optofluidicsopfluid.comSep 2015 · $1.6M

Philadelphia, US

Robert Wicke(Executive Officer, Director)Robert Hart(Executive Officer)Bernardo Cordovez(Executive Officer)

PHOEBUS OPTOELECTRONICS LLCphoebusopto.comSep 2016 · $77.8K

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

QUANTASPEC, INC.quantaspec.com
RPRD Diagnostics, LLCrprdx.comSep 2020 · $168.1K
SafeTracessafetraces.comin𝕏Sep 2016 · $1.1M

SafeTraces provides DNA-based verification technology used to assess indoor air quality, ventilation, and biosecurity while balancing energy efficiency.

BiotechCleantechHealthtechPleasanton, US

Ulrike Hodges(Director)Antonios Zografos(Executive Officer, Director)John Kraus(Director)Rob Veres(Director)

SAMPLE6 TECHNOLOGIES, INC.sample6.comSep 2015 · $150K

IEH provides laboratory testing services for food safety, offering expedited sample analysis and quality assurance to companies across the food industry.

BiotechFoodTech

SENSOR DEVELOPMENT CORPORATIONsensordevelopmentcorp.com

Sensor Development Corporation develops sensor-based systems for real-time insect detection and breath analysis.

AgTechDeep TechHardware

TDA RESEARCH, INC.tda.com

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

TRACE-ABILITY INCtraceabilityinc.comSep 2021 · $168.1K
TREVIGEN, INC.trevigen.com
Triple Ring Technologiestripleringtech.comSep 2021 · $1.2M

Newark, US

Joseph Anthony Heanue(Executive Officer, Director)Philip Henry Devlin(Executive Officer)Edward Gerald Solomon(Director)Brian Patrick Wilfley(a Director prior to November 23, 2015)Muslim Tyebjee(Executive Officer)Lester John Lloyd(a Director prior to November 23, 2015)

TROPHOGEN INCtrophogen.com

Trophogen is a biotech company using a protein engineering platform to develop long-acting, more potent superagonist analogs of glycoprotein hormones and growth factors (including FSH, TSH, and VEGF analogs) for human and animal health.

AgTechBiotechHealthtechRockville, US

TRUMEDICINES LLCtrumedicines.comSep 2018 · $225K

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

Vasanta Health Science LLCvasantahealth.comSep 2016 · $148K
VisuGen Global, LLCvisugenglobal.comSep 2018 · $150K