Fundraising Fox

MassVentures

Venture capital

Waltham · Pre-Seed–Late Stage · 8 people tracked

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Investment thesis

MassVentures focuses on deep tech startups and backs diverse founding teams under its 'Diverse Teams Outperform' philosophy. Beyond capital, it helps founders build inclusive, high-performing organizations by investing across geographies, industries, and talent throughout the Commonwealth of Massachusetts. It offers a mix of non-dilutive grant programs (such as Catalyst, InnovateMass, and START) and equity investment at critical growth stages, supporting companies from early technical milestones through commercialization with mentorship, strategic guidance, and connections to state and federal funding opportunities.

Source: firm website, verified Aug 3, 2026.

Stage
Pre-Seed–Late Stage
Check
$250K – $500K
HQ
Waltham, Massachusetts, US
Instruments
Equity · Grants
Founded
1977
Last 12 months
1 investment
AUM
$46M
Tracked investments
43

Team · 8 people

from the firm's website & public directories

Founder mafia

3 people who came through MassVentures went on to found or lead other companies.

What they invest in

from 38 of 43 portfolio companies

Deep Tech ×14AI & Machine Learning ×13Cleantech ×11Hardware ×9Biotech ×8Energy ×8Advanced Manufacturing ×7Healthtech ×7

HQs:United States×30

Who they back

founder profiles across 28 portfolio companies
32%
solo founders
9 of 28 mapped founding teams
54%
repeat founders
of 13 founders with career history

Founding team size:solo founder×92 founders×103 founders×84+ founders×1

Where their founders studiedfrom 14 founders with education data

KTH Royal Institute of Technology ×2Massachusetts Institute of Technology ×2

Where their founders worked beforefrom 13 founders with career history

Massachusetts Institute of Technology ×5

Investments · 43 tracked

founders shown can be your intro path

By year:2026 · 12024 · 22022 · 12019 · 15 dated

Ginkgo Bioworksginkgobioworks.comin𝕏NYSE: DNA

Ginkgo Bioworks builds autonomous labs and offers cell-programming and bioengineering services for the biopharma, agriculture, and industrial biotech markets.

AgTechAI & Machine LearningBiotechDeep TechHealthtechBoston, US

Jason Kelly(Founder)inAustin Che(Founder)inTom Knight(Founder)inBarry Canton(Founder)inReshma Shetty(Founder)in

BoardReshma Sohoni

Co-investors11.2 CapitalB3 HoldingCannage CapitalCool Climate CollectiveDCVC (Data Collective)Designer Fund+15 more

JAXON, INC.jaxon.aiin𝕏✓ verified

Jaxon builds an API-first verification layer that applies formal logic and executable policy rules to validate LLM outputs before decisions are made, catching hallucinations and enforcing compliance.

AI & Machine LearningDefense TechEnterprise Software

Aclarityaclarity.com

Electrochemical water purifier using patent-pending technology to remove contaminants including PFOA.

Mansfield, US

Julie Bliss Mullen(Executive Officer, Director)Leanne Hersey(Founder)inPamela Lynch(Executive Officer)Orren Schneider(Executive Officer)

BoardJiten Manglani(Director)Tom Ferguson(Director)in

Co-investorsDCVC (Data Collective)Echo River CapitalHG VenturesThe Alchemy FundBURNT ISLAND VENTURES

Aclaritywateraclaritywater.comin𝕏

Aclarity makes the Octa System, an electrochemical oxidation technology that destroys PFAS "forever chemicals" on-site by breaking carbon-fluorine bonds.

CleantechClimate TechHardware

Co-investorsBURNT ISLAND VENTURESEcho River CapitalHG VenturesMaroon Venture Partners Fund

Addenaddenenergy.com

Adden Energy develops solid-state, dynamically-stable batteries based on self-healing separator technology discovered at Harvard, aimed at fast charging, long lifetime, and non-flammable components.

CleantechDeep TechEnergyWaltham, US

William Fitzhugh(Executive Officer, Director)inLuhan Ye(Executive Officer, Director)inXin Li(Executive Officer, Director)in

BoardBernard Lupien(Director)inFred Hu(Director)inLaurie Menoud(Director)in

Co-investorsAt One VenturesRhapsody Venture PartnersPrimavera Venture Management Limited

Aeroshieldaeroshield.techin

AeroShield is a materials science company that developed an ultra-clear silica aerogel, originating from research at MIT, aimed at improving the energy efficiency of buildings.

Advanced ManufacturingCleantechEnergyNew MaterialsCambridge, US

Elise Strobach(CEO)inKyle Wilke(Director)inDr. Elise Strobach(CEO)

BoardSusan Stewart(Director)Brandon Tinianov(Director)inStephen Venuto(Director)

Co-investorsClean Energy VentureMassMutual VenturesSBXi

Ascend Elementsascendelements.com

Westborough, US

Co-investorsAlumni VenturesAt One VenturesBasecamp FundBlue Ivy VenturesClean Energy VentureFoothill Ventures+5 more

Atlantic Quantumatlantic-quantum.comMay 2022

Building scalable quantum computers with reduced complexity and cost to reach error correction at scale.

Cambridge, US

Bharath Kannan(Executive Officer)Simon Gustavsson(Director)

Co-investorsBlindspot Ventures Management CoChalmers Ventures ABNeotribe VenturesThe E14 FundThe Engine VenturesGlasswing Ventures

BoardOnTrackboardontrack.comin𝕏

BoardOnTrack offers an online board governance and management platform combined with expert coaching, designed for public and charter schools.

EdTechGovTechSaaSConcord, US

Marci Cornell-Feist(Founder)Andrew Jamieson(Chief Technology Officer and Director)

BoardWilliam McCullen(Director)inAlec Stern(Director)Nicholas A. Pappas(Director)

Co-investorsBoston Harbor AngelsLaunchCapitalSustainVC

ClearCut Surgicalclearcutsurgical.comin

Clearcut Surgical develops a surgical device that combines electrosurgery, continuous smoke evacuation, and on-demand fluid suction in a single instrument.

HardwareHealthtechMedical DevicesBoston, US

Alex Yang(MD)inJeffery John Caputo(Executive Officer, Director)Heung Bae Kim(MD)

Co-investorsGENERAL INCEPTIONLaunchpad Venture Group

Concertobioconcertobio.comin𝕏

Concerto Bio generates large-scale ecological datasets on microbial communities and uses them to develop microbe-based consumer health products for applications such as skincare, chronic disease, and nutrition.

AI & Machine LearningBiotechDeep TechCambridge, US

Jared Kehe(Executive Officer, Director)Cheri Ackerman(Executive Officer, Director)Bernardo Cervantes(Executive Officer, Director)inVera Schroeder(Director)

BoardSarah Luppino(Director)in

Co-investorsExcelestar VenturesGolden SeedsHorizons VenturesISVM VenturesAxial VC

Cyvlcyvl.comin𝕏

CYVL provides infrastructure intelligence software that combines purpose-built hardware, computer vision, and AI to process LiDAR and imagery into actionable data on roads, sidewalks, and built assets.

AI & Machine LearningConstruction TechGovTechIoT

Co-investorsPartnership Fund for NYCAero X Ventures

Edenedengeopower.comin𝕏

Eden GeoPower develops an Electrical Reservoir Stimulation technology intended to improve the recovery of natural resources with reduced environmental impact.

CleantechDeep TechEnergy

Co-investorsGood Growth CapitalPortfoliaTechEnergy Ventures

Emvolonemvolon.com

Startup cofounded by Emmanuel Kasseris.

Co-investorsVectors AngelThe Engine Ventures

EnVision Endoscopyenvisionendoscopy.com

EnVision Endoscopy develops medical devices for gastrointestinal endoscopic surgery, including an Image Guided Suturing System for tissue approximation and management of gastrointestinal defects.

HealthtechMedical DevicesMassachusetts, US

Dr. Azadeh Khanicheh(Founder)Dr. Christopher Thompson(Founder)

Everest Biolabseverestbiolabs.comin𝕏Feb 2026

BiotechDeep TechMedical DevicesWaltham, US

George Daaboul(Executive Officer, Director)inDavid Freedman(Executive Officer, Director)

BoardPaul Meister(Director)Vinit Nijhawan(Director)inDavid Walt(Director)

Fairmarkitfairmarkit.comin

Fairmarkit provides an AI-driven autonomous sourcing platform that helps procurement teams competitively source spend across categories at scale.

AI & Machine LearningEnterprise SoftwareSaaS

Tarek Alaruri(Cofounder)Kevin Frechette(Founder)in

Co-investorsInsight PartnersIntrepid Growth PartnersNew Stack VenturesNewfund CapitalNotable CapitalValuestream Ventures+2 more

Feonfeonenergy.comin

Feon develops high-performance battery electrolytes using a discovery platform (EDGE) to improve battery performance, safety, and cost across various battery chemistries.

CleantechEnergyNew MaterialsWoburn, US

Zhiao Yu(Cofounder)Wenxiao Huang(Chief Executive Officer and President)

Co-investorsFine Structures VenturesFoothill VenturesValkyrieEight Roads Ventures

florrentflorrent.comin𝕏

Florrent develops bio-based supercapacitors with higher energy density than standard supercapacitors, aimed at short-duration power quality and reliability applications such as data center backup power, grid reliability, and renewables firming.

CleantechDeep TechEnergyAmherst, US

Joseph Hastry(Executive Officer, Promoter)Alexander Nichols(Director, Promoter)Jose LaSalle(Executive Officer, Director, Promoter)

BoardChristopher Noble(Director)Priya Yadav(Director)in

Co-investorsACADEMY INVESTORAIN VenturesNextFab VenturesRaven CapitalBoston Impact Initiative (BII)

harmony baby nutritionharmonybabynutrition.comin𝕏

Harmony Baby Nutrition develops hypoallergenic, human milk–inspired formula for infants and toddlers with cow's milk protein allergy or sensitivities, using hydrolyzed whey protein, lactose, and HMOs.

ConsumerDirect to ConsumerFoodTech

Del Afonso(Founder)in

Co-investorsBrincPortfoliaSafar PartnersTheVentureCityBig Idea Ventures

Infinite Coolinginfinite-cooling.comin

Infinite Cooling develops patented technology to capture airborne water droplets and improve the efficiency of evaporative cooling systems such as cooling towers, aiming to reduce water use and energy consumption for industrial customers like power plants.

CleantechClimate TechDeep TechMalden, US

Maher Damak(Executive Officer, Director, Promoter)Kripa Varanasi(Director, Promoter)Karim Khalil(Executive Officer, Promoter)Maher Damak, PhD(Founder)in

BoardCARMICHAEL ROBERTS(Director)inJEFFREY MCCARTHY(Director)

Co-investorsMaterial Impact

InGel Websiteingeltx.comin

InGel Therapeutics develops engineered cell therapies for complex retinal degenerative diseases, combining retinal precursor cells with a biomimetic hyaluronic acid and gelatin hydrogel delivery matrix that mimics the human vitreous.

BiotechDeep TechHealthtech

Patrick Jiang(CEO & Co-founder)Pierre Colombe Dromel(Chief Technology Officer & Co-founder)Deepti Singh(Chief Scientific Officer & Co-founder)in

Co-investorsThe Venture CollectiveZAKA VCService Provider Capital

Inkbitinkbit3d.comApr 2024

Inkbit operates an additive manufacturing platform built on Vision-Controlled Jetting, which combines real-time 3D machine vision with closed-loop feedback and a custom material portfolio to produce dimensionally accurate, multi-material parts.

Advanced ManufacturingDeep TechHardwareNew MaterialsMedford, US

Davide Marini(Co-founder & CEO)Javier Ramos(Co-founder & Chief Technology Officer)Wojciech Matusik(Co-Founder & Scientific Advisor)Steffi Kochbeck(VP Market Development)Guy Menchik(Director)Jason Weber(Director)

Co-investorsiGlobe PartnersPhoenix Venture Partners

JetCooljetcool.comin𝕏

JetCool builds single-phase, direct-to-chip liquid cooling modules using its microconvective cooling technology to manage heat in high-power electronics such as data center servers, high-performance computing systems, and semiconductors.

CleantechHardwareSemiconductorsLittleton, US

Bernard Malouin Jr.(Executive Officer, Director)Jordan Mizerak(Cofounder)Alexandra Manick(Director)Lawrence Fish(Director)

Co-investorsBosch VenturesRobert Bosch Venture CapitalSchooner CapitalIn-Q-TelRaptor Group

Kytopenkytopen.comin

Kytopen develops non-viral gene delivery technology called Flowfect that combines fluid flow with electric fields to deliver payloads such as mRNA, DNA, and CRISPR Cas9 RNP into cells for high-throughput transfection.

BiotechDeep TechHardwareCambridge, US

Cullen Buie(Director)Paulo Garcia(Executive Officer, Director, Promoter)Michael Chiu(Director, Executive Officer)

BoardPaxton Major(Director)Ann DeWitt(Director)inPaul Wotton(Director)

Co-investorsBantam GroupHorizons VenturesSelvedge VentureTBD AngelsTelegraph Hill PartnersThe Engine Ventures+1 more

Labvivalabviva.comin

Labviva is an AI-native procurement platform that unifies the life sciences supply chain, helping research organizations optimize procurement processes and reduce costs.

AI & Machine LearningBiotechEnterprise SoftwareSaaSCambridge, US

SiamakinSiamak Baharloo(Executive Officer, Director)inCarlo(GM of Europe)inNick Premnath(SVP of Commercial Strategy)inAaron Miramontes(Executive Officer)Nicholas Rioux(Executive Officer, Director)in

Co-investorsBIOSPRING PARTNERSGlasswing VenturesVillage GlobalB Capital GroupB4 Capital53 Stations

Lambentlambent.comin

Lambent is a coaching and business skills training company that trains and certifies executive coaches and provides coaches for businesses internationally.

EdTechFuture of WorkHR TechSutton, US

Joseph O'Connor(Co-founder)Andrea Lages(Co-founder & CEO of Lambent do Brasil)Alejandro Feiges(Managing Director of Administration and Technology, Master Coach Academy)Mike Downing(Director)Julie Johnson(Executive Officer, Director)Charles C. Curran, III(Executive Officer, Director)

Co-investorsArmada Investment AGInovia CapitalGlasswing VenturesGutbrain VenturesNimble VenturesWill Ventures

Lambentspaceslambentspaces.comin𝕏

Lambent Spaces makes software that measures and analyzes space utilization across an organization's entire real estate portfolio, providing data-driven intelligence for space planners.

Data & InfrastructureIoTPropTechSaaS

Julie Johnson Roberts(Co-founder & Chief Strategy Officer)Richard Scannell(Chief Executive Officer)Josh Hartley(VP of Engineering)Beth Quenzel-Shirman(Sr. Director of Accounting and HR)Kate Coble(Senior Director, Marketing)Michael Grant(General Manager - EMEA)

Co-investorsArmada Investment AGGlasswing VenturesGutbrain Ventures

Leuko Labsleuko.cominFeb 2019

Leuko develops a noninvasive white blood cell monitor to track neutropenia risk in cancer patients and others undergoing treatment.

AI & Machine LearningBiotechDigital HealthMedical DevicesBoston, US

Carlos Castro Gonzalez(Chief Executive Officer)inIan Butterworth(Chief Technology Officer)inPaul Hartung(Director)inAurelien Bourquard(Chief Data Scientist)inAlvaro Sanchez-Ferro(Chief Medical Officer)in

BoardAmy Salzhauer(Director)in

Co-investorsGood Growth CapitalDorm Room

MachineMetricsmachinemetrics.comin𝕏

MachineMetrics provides a manufacturing execution system (MES) with AI-powered machine monitoring for discrete manufacturers.

Advanced ManufacturingAI & Machine LearningSaaSEasthampton, US

Co-investorsLevel EquityTola CapitalHyperplane Venture CapitalLRVHealth

More about ETSelectrifiedthermal.com

Electrified Thermal Solutions builds the Joule Hive Thermal Battery, a thermal energy storage system that runs electricity through electrically-conductive E-bricks to store off-peak power as heat up to 1,800°C and deliver zero-carbon industrial heat to furnaces, boilers, and kilns.

CleantechClimate TechEnergySan Antonio, US

Co-investorsClean Energy VentureClean Energy VenturesTechEnergy VenturesStarlight Ventures

Myrias Opticsmyriasoptics.comin

Myrias Optics designs, develops, and manufactures high-performance metalenses, covering research and development through high-volume production.

Advanced ManufacturingDeep TechHardwareAmherst, US

James J. Watkins(Executive Officer, Director)Jim Watkins(Founder and CSO)Vincent Einck(Co-Founder and CTO)James Joseph Watkins(Executive Officer, Director)John Fijol(CEO)Patrick Tan(Executive Officer, Promoter)

Co-investorsMaroon Venture Partners FundTenon Ventures

Osmosesosmoses.com

Osmoses develops a membrane technology for purifying and separating gas molecules, aimed at making industrial gas separation processes more energy-efficient.

CleantechClimate TechDeep TechNew MaterialsBoston, US

Francesco Benedetti(Co-Founder & CEO)Katherine Mizrahi Rodriguez(Co-Founder & Chief Implementation Officer)inZachary P. Smith(Co-Founder / Associate Professor, MIT)

Co-investorsBlindspot Ventures Management CoFine Structures VenturesNew Climate VenturesOrbia VenturesThe Engine Ventures

Pison Technologypison.comin

Pison makes a neural wearable watch that reads the electrical signals between the brain and muscles to measure and train cognitive performance alongside standard physiological metrics like heart rate, HRV, strain, and sleep.

HardwareHealthtechWellness & Fitness

Co-investorsCoalitionDorm RoomLavrock Ventures

Revinovarevinova.comin𝕏

Revinova provides a learning platform and AI agent embedded in clinical trial management systems (CTMS) to train sites for clinical trials and reduce protocol deviations.

AI & Machine LearningHealthtechSaaS

Seaspire Skincareseaspireskincare.comin𝕏

Seaspire develops safe and sustainable suncare and skincare products using Xanthochrome®, a proprietary class of biomolecules inspired by oceanic compounds.

Advanced ManufacturingBiotechConsumerDirect to ConsumerWellness & FitnessCambridge, US

Camille A. Martin(CEO and co-founder)Leila Deravi(Co-founder and scientific advisor)Camille Martin, PhD(Founder)in

Co-investorsHuntington Angels NetworkSafar PartnersTechstarsThe Engine VenturesAlumni Ventures

Segterrasegterra.comin𝕏
Spiro Technologiesspiro.aiin

Spiro is an AI-powered CRM platform built specifically for manufacturers, combining ERP integration and automation to reduce manual data entry and help sales teams work more efficiently.

Advanced ManufacturingAI & Machine LearningEnterprise SoftwareSaaSBoston, US

Adam Honig(President)inJustin Kao(Chief Operating Officer)inJennifer Jordan(Director)Omar Hussain(Director)Andrew Levi(Director)Thomas Tucker(Director)

Co-investorsBantam GroupGeekdomNXT VenturesHyperplane Venture Capital

StataDxstatadx.com

AI & Machine LearningDigital HealthHealthtechMedical DevicesBoston, US

Daniel Lookadoo(Executive Officer)Sidhant Jena(Executive Officer, Director)

BoardDonald Ingber(Director)Amarpreet Sawhney(Director)

Subconscioussubconscious.devin𝕏

Subconscious develops TIMRUN, an inference runtime, and the TIM family of post-trained open models optimized for AI agent workloads rather than chatbots, offering on-GPU context compression that extends context windows and increases concurrency and token throughput.

AI & Machine LearningDeep TechDeveloper Tools

Jack O'Brien(Founder)in

Co-investorsFoothill VenturesOakseed VenturesEntrepreneur FirstYourNest Venture Capital

TalkingHeads Wirelesstalkingheadswireless.cominOct 2024

AI & Machine LearningEnergyHardwareSomerville, US

Joel L. Dawson(Executive Officer, Director)

Transaeratransaera.comin𝕏

Transaera develops heat pump systems and Dedicated Outdoor Air Systems (DOAS) that use novel materials to dehumidify, cool, and heat air for commercial buildings.

CleantechClimate TechEnergyHardwareSomerville, US

Sorin Grama(Co-founder)inMircea Dinca(Co-Founder & CS)in

BoardAshwin Shashindranath(Director)inMatthew Cohen(Director)inMitch Tyson(Director)inRoss Bonner(Co-founder & CTO)in

Co-investorsClean Energy VentureClean Energy VenturesEnergy Impact PartnersJuniperMassMutual Ventures

Z Polymersz-polymers.comin

Z-Polymers develops ultra-fine polymer fiber and filament, including its Tullomer super-polymer, for applications across manufacturing, textiles, civil engineering, medical, healthcare, aerospace, and construction.

Advanced ManufacturingDeep TechNew MaterialsLowell, US

Mike Zimmerman(Founder)in

Co-investorsAsimov VenturesService Provider Capital

Exits · 1

IPOs and acquisitions across the tracked portfolio

Ginkgo BioworksNYSE: DNA

Portfolio news

latest coverage across their companies

Frequently asked questions

How many investments has MassVentures made?
MassVentures has 42 tracked investments, 1 of which have exited via acquisition or IPO, including 2 dated in the last 24 months.
What stage does MassVentures invest at?
MassVentures invests at the Pre-Seed, Seed, Series A, Late Stage stages.
What is MassVentures's typical check size?
MassVentures typically writes checks of $250K – $500K.
What sectors does MassVentures focus on?
MassVentures focuses on Advanced Manufacturing, Biotech, Cleantech, Consumer, Data & Infrastructure, Deep Tech, Enterprise Software, Hardware, Medical Devices, New Materials, Quantum Computing, SaaS.
Where is MassVentures located?
MassVentures is headquartered in Waltham, US.
Who does MassVentures co-invest with?
MassVentures most often shares deals with Clean Energy Venture, The Engine Ventures, Foothill Ventures, among 118 tracked co-investors.

Media · Podcasts & interviews

from their channel

MATTO-MASC Efficient Licensing Webinar, December 12, 2025

MassVentures

Founders School Introduction Video

MassVentures

What Makes the START Program So Successful?

MassVentures

MALSI+2021, The Hub at Warp Speed, Investing in Innovation: What Investors Seek in a Biotech Startup

MassVentures

MALSI+2021, The Hub at Warp Speed, Panel on Biopharma Innovation

MassVentures

MALSI+2021, The Hub at Warp Speed, Keynote address

MassVentures

Images

MassVentures photo

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