Fundraising Fox

National Institute of Standards and Technology (NIST)

Grant agency

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Investment thesis

Funds measurement science and standards-adjacent technology through SBIR — instrumentation, metrology, and manufacturing.

SBIR/STTR awards · non-dilutive funding

Federal grants and contracts to small businesses — no equity taken. Awards on record 2003–2023.

Awards
431
Companies funded
253
Total awarded
$74.5M
Median award
$100K

287 Phase I · 144 Phase II · most-funded states: CA, MA, MD, TX, NY

Recent awardeesPhaseYearAmount
CRITICALITY SCIENCES INCAlexandria, VAPhase II2023$400K
INTERLINK ELECTRONICS, INCIrvine, CAPhase II2023$398.6K
JULIA JEAN, LLCIrvine, CAPhase II2023$400K
INFRATRAC INCSilver Spring, MDPhase II2023$400K
TIAMI LLCElk Grove, CAPhase II2023$400K
XMARK LABS, LLCBarrington, RIPhase I2023$100K
FRAMERGY INCCollege Station, TXPhase I2023$100K
SYGNAMAP INCSan Antonio, TXPhase I2023$100K
ChemCubed, LLCStony Brook, NYPhase I2023$100K
QUANTTERA LLCTempe, AZPhase I2023$100K
APPLIED RESEARCH TRANSFORMATION, PLLCDurham, NCPhase I2023$100K
ACTOPROBE LLCAlbuquerque, NMPhase I2023$99.9K
EXABYTE INC.Walnut Creek, CAPhase I2023$99.9K
ITA INTERNATIONAL LLCNewport News, VAPhase I2023$99.3K
ROWND INCRaleigh, NCPhase I2023$96.6K
EXUM INSTRUMENTS, INC.Lakewood, COPhase II2022$399.8K
CRITICALITY SCIENCES INCAlexandria, VAPhase I2022$100K
QUALTERRA, INC.Pullman, WAPhase I2022$100K
IC3D, INC.Columbus, OHPhase I2022$800K
3D ARRAY TECHNOLOGY LLCStorrs, CTPhase I2022$800K
VURONYX TECHNOLOGIES LLCWoburn, MAPhase I2022$800K
RATIOCINATIVE ENGINEERING SERVICES LLCBoulder, COPhase I2022$769K
MULTISCALE SYSTEMS, INC.Worcester, MAPhase II2022$400K
XALLENT INC.Ithaca, NYPhase II2022$400K
ZYMOSENSE INC.Ames, IAPhase II2022$400K
COLLOIDAL METRICS CORPORATIONMountain View, CAPhase II2022$400K
ChemCubed, LLCStony Brook, NYPhase II2022$400K
IRRADIANT TECHNOLOGIES INC.Cambridge, MAPhase II2022$399.9K
REFINED IMAGING, LLCBaton Rouge, LAPhase I2022$100K
SOLUTION SPRAY TECHNOLOGIES LLCStorrs, CTPhase I2022$100K

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
150

What they invest in

from 92 of 150 portfolio companies

Deep Tech ×62Hardware ×51New Materials ×20Advanced Manufacturing ×18Semiconductors ×15Defense Tech ×14AI & Machine Learning ×13Biotech ×9

HQs:United States×35

Investments · 150 tracked

founders shown can be your intro path

By year:2023 · 102022 · 142021 · 82020 · 92019 · 112018 · 102017 · 92016 · 112015 · 142013 · 72011 · 5108 dated

Infleqtioninfleqtion.comin𝕏NYSE: INFQJul 2017 · $399.9K

Infleqtion designs and manufactures neutral atom quantum computers, quantum sensors, and software for governments, corporations, and research institutions.

Deep TechDefense TechQuantum ComputingLouisville, US

Pranav Gokhale(Chief Technology Officer)Paul Lipman(Chief Revenue Officer)Jason D. Hall(Chief Legal Officer)Ilan Hart(Chief Financial Officer)Matthew J. Kinsella(Chief Executive Officer)

BoardDavid B. Singer(Director)

Interlink Electronicsinterlinkelectronics.comNASDAQ: LINKOct 2023 · $398.6K

Irvine, US

Ryan Hoffman(Executive Officer)Joy Hou(Director)Steven Bronson(Executive Officer, Director)Declan Flannery(Executive Officer)Maria Fregosi(Director)Gene Chen(Executive Officer)

3D ARRAY TECHNOLOGY LLC3-dat.comOct 2022 · $800K
3DSIM LLC3dsim.comSep 2015 · $400K
AA PLASMA LLCaaplasma.comOct 2022 · $99.9K

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)

ACTOPROBE LLCactoprobe.comOct 2023 · $99.9K
ADDITIVE MANUFACTURING INNOVATIONS LLCaminnov.comSep 2020 · $100K
AdSem, Inc.adsem.comOct 2015 · $400K

AdSem, Inc. develops and manufactures customized silicon and germanium thermistors, including medical NTC thermistors and high- and low-temperature thermistors, along with semiconductor materials.

HardwareMedical DevicesSemiconductors

ADVALUE PHOTONICS INCadvaluephotonics.com

AdValue Photonics designs and manufactures fiber lasers, fiber amplifiers, broadband fiber sources, and fiber-based components across the 515 nm, 1 µm, 1.55 µm, and 2 µm wavelength ranges.

Advanced ManufacturingDeep TechHardware

ADVANCED RESEARCH CORPORATIONarcnano.comOct 2015 · $184.5K

Arc Nano provides technology and manufacturing solutions for high-tech industries, including semiconductor, aerospace, and scientific instruments.

Advanced ManufacturingDeep TechSemiconductors

Advanced Silicon Groupadvancedsilicongroup.cominJul 2018 · $506.5K

Advanced Silicon Group works in nanotechnology, using the tagline "Nanotechnology for Life."

BiotechDeep TechMedical DevicesNew MaterialsSemiconductorsLowell, US

Marcie Black(CEO & Co-founder)William Rever(Executive Officer, Director)Bill Rever(Chief Marketing and Sales Officer & Co-founder)

BoardAlan Watson(Director)Sarah Kelly(Director)

ADVENT DIAMOND, INC.adventdiamond.comOct 2022 · $100K

Advent Diamond designs and manufactures all-diamond semiconductor components, including discrete and integrated devices, using precision-doped diamond films and proprietary low-resistance ohmic contacts.

Deep TechHardwareSemiconductors

ADVR, INC.advr-inc.com
AERODYNE RESEARCH INCaerodyne.com

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

Climate TechDeep TechHardware

Agiltronagiltron.comin𝕏Aug 2011 · $329.9K

Agiltron engineers optical and electro-optical products, from individual components and modules to complete turn-key systems, including optical switches, modulators, amplifiers, lasers, and photodetectors.

Deep TechDefense TechHardware

AI SOLUTIONS LLCaisolutionsllc.comAug 2021 · $199.6K

AI Solutions is a consulting firm that advises businesses on machine learning projects, covering problem scoping, data analysis, and the design and implementation of custom AI systems.

AI & Machine LearningData & Infrastructure

AIRFLOW SCIENCES CORPairflowsciences.comAug 2019 · $1M
ALPHACORE INCalphacoreinc.comJul 2018 · $501.2K

AlphaCore designs analog, mixed-signal, and RF integrated circuits, including IP cores, data conversion technology, image sensors, and camera systems.

Deep TechHardwareSemiconductors

AMETHYST RESEARCH INCamethystresearch.comSep 2015 · $100K

Amethyst Research develops infrared detector and emitter technologies, offering materials growth, device prototyping, and testing for government agencies, national labs, universities, and prime contractors.

Deep TechDefense TechHardware

ANTARA TEKNIK LLCantarateknik.comSep 2015 · $389.9K
APPLIED NANOFLUORESCENCE, LLCappliednano.comJul 2018 · $506.4K

Applied NanoFluorescence (ANF) manufactures optical spectroscopy instruments, such as its NanoSpectralyzer, that detect, characterize, and quantify nanomaterials including single-walled carbon nanotubes and near-infrared quantum dots in bulk samples.

Deep TechHardwareNew MaterialsHouston, US

R. Bruce Weisman(Founder & President)Sergei M. Bachilo(Chief Scientific Officer)

APPLIED RESEARCH TRANSFORMATION, PLLCartx.usOct 2023 · $100K

ARtx (Applied Research transformation) develops technology for the construction, inspection, monitoring, and sustainment of heavy civil infrastructure, drawing on engineering analysis, technology development, and asset management.

Construction TechDeep TechGovTech

ARETE ASSOCIATESarete.com

Areté develops technology and engineering solutions with a focus on defense applications, including counter-drone systems and missile defense.

Deep TechDefense Tech

ARIES DESIGN AUTOMATION, LLCaries-da.comAug 2011 · $90K
ARTIUM TECHNOLOGIES, INC.artium.com

Artium develops and manufactures particle characterization instruments used to measure sprays, clouds, and aerosol droplets for energy, environmental, and industrial applications.

Climate TechDeep TechHardware

ATC-NY INCatcorp.comJul 2013 · $89.9K

Architecture Technology Corporation develops modeling tools for optimizing air transport efficiency and assessing the impact of incidents such as air traffic control disruptions, and offers CYRIN, a browser-based cybersecurity training platform that uses real tools against real threats.

CybersecurityDefense TechEdTech

AUTOMATED PRECISION, INC.apisensor.comAug 2016 · $98.8K
Awayr, Incgetawayr.comSep 2020 · $100K
AXNANO LLCaxnano.comAug 2016 · $399.3K

AxNano develops patented equipment platforms that capture and destroy PFAS ("forever chemicals") at the source as a treatment for complex wastes and contaminated water.

CleantechClimate TechNew Materials

BellBrook Labsbellbrooklabs.comNov 2018 · $90K

BellBrook Labs develops and sells biochemical assay kits, active human enzymes, substrates, and complete assay systems, and provides assay development and compound-testing services for high-throughput screening.

BiotechDeep TechMadison, US

Don Kennedy(Director)Robert G. Lowery(Executive Officer, Director, Promoter)

Bridger Photonicsbridgerphotonics.cominAug 2016 · $399.7K

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)

BRIMROSE CORPORATION OF AMERICAbrimrose.com

Brimrose designs and manufactures Acousto-Optic Tunable Filter (AOTF) components, NIR spectrometers, and hyperspectral imagers, offering custom optical solutions.

Deep TechHardwareSpace Tech

Cadre Research Labs (Illinois) LLCcadreresearch.comJul 2017 · $391.5K
CAMBRIDGE POLYMER GROUP INCcampoly.com

Cambridge Polymer Group (CPG) is a materials science consulting firm offering contract research, analytical testing, and R&D support to help clients with material selection, product design, manufacturing optimization, and regulatory compliance.

Deep TechMedical DevicesNew Materials

CAPVIDIA NA LLCcapvidia.comJul 2017 · $99.5K
CATEGORICAL INFORMATICS, INC.categoricalinformatics.comOct 2015 · $400K
ChemCubed, LLCchemcubed.comAug 2021 · $599.9K

ChemCubed develops jettable materials and printer systems for printed electronics and 3D printing, targeting applications such as printed circuit boards, displays, flexible hybrid electronics, passive components, RFID/sensors, photovoltaics, and wearables.

Advanced ManufacturingHardwareNew Materials

Criticality Sciencescritsci.comOct 2022 · $500K

Alexandria, US

Susan Ginsburg(Executive Officer)

CYBER POINT INTERNATIONAL LLCcyberpointllc.comJul 2018 · $449.9K
DISCOVERY SEMICONDUCTORS, INC.discoverysemi.com

Discovery Semiconductors manufactures ultrafast, high optical power InGaAs photodetectors, RF-over-fiber and balanced optical receivers, extended-wavelength photodiodes, and coherent receiver systems for 10 to 100 Gb applications.

HardwareSemiconductorsSpace Tech

DISTANT FOCUS CORPdistantfocus.com

Distant Focus develops optomechanics and camera systems for imaging applications, including head-mounted displays and enhanced vision systems.

Deep TechDefense TechHardware

ELECTRONIC BIOSCIENCES, INC.electronicbio.com

Electronic BioSciences (EBS) develops low-noise electronic instrumentation combined with biologically based platforms for nanopore and ion channel measurements.

BiotechDeep TechHardware

Emergent Health Care Solutionsemergenthcs.comSep 2020 · $104.5K

Emergent builds a mobile app for fire and rescue and EMS teams that consolidates crew locations, unit status, and vehicle telematics into a single view, and integrates trucks and compartment devices with first responders.

HealthtechIoTSaaS

ESENSORS INC.eesensors.com
EXABYTE INC.exabyte.ioOct 2023 · $99.9K
Exumexuminstruments.comin𝕏Aug 2021 · $499.8K

Exum develops the Massbox, a laser ablation laser ionization (LALI) analytical instrument for scientific labs that improves ionization efficiency and ease of use.

Deep TechHardwareNew MaterialsDenver, US

Jeffrey Williams(Executive Officer, Director, Promoter)Michael A Minyard(Executive Officer)James Thorson(Executive Officer, Director)Stephen Strickland(Director)

BoardPaul Giovacchini(Director)Doug Campbell(Director)

FRAMERGY INCframergy.comOct 2023 · $100K
FULLMOON SENSORS, INC.fullmoonsensors.comAug 2019 · $100K
Gener8, LLCgener8.netJul 2013 · $389.9K

Gener8 is a product development company offering engineering services including product design, software development, prototyping, testing, manufacturing, and commercialization.

Advanced ManufacturingDeep TechHardware

GLOW BIOSCIENCES LLCglow-bio.comAug 2021 · $100K

Glow Biosciences is a contract research organization offering preclinical study services—including study design, model selection, drug and medical device evaluation, pharmacokinetics, and pathology—using animal models of human disease.

BiotechHealthtechMedical DevicesColumbia, US

GRAPHENE WAVES, LLCgraphenewaves.comAug 2019 · $106.5K

Graphene Waves manufactures epitaxial graphene materials and quantum Hall effect devices, and provides related consultancy for a range of applications.

Deep TechHardwareNew MaterialsGaithersburg, US

H3D INCh3dgamma.comJul 2018 · $500K

H3D develops radiation detection instruments based on CZT (CdZnTe) technology, including imaging spectrometers, spectrometers, and handheld directional radioisotope identification devices (RIIDs).

Deep TechHardware

High Precision Devices, Inc.hpd-online.comJul 2013 · $1.2M
IC3D, INC.ic3dprinters.comOct 2022 · $800K
INFOBEYOND TECHNOLOGY LLCinfobeyondtech.comOct 2015 · $1000K

InfoBeyond develops cybersecurity, AI, computer vision, and communications technologies for national defense and civilian organizations.

AI & Machine LearningCybersecurityDefense Tech

INFRATRAC INCinfratrac.comOct 2022 · $500K

InfraTrac develops light-based (spectroscopic) technology used to detect counterfeit products, verify 3D-printed parts, and improve controlled-release formulations.

Advanced ManufacturingDeep TechHardware

INNOVATIVE WIRELESS TECHNOLOGIES, INC.iwtwireless.com

Innovative Wireless Technologies (IWT) designs and manufactures custom-engineered wireless network solutions for voice, text, data communications, and real-time location tracking.

Enterprise SoftwareHardwareIoT

Innoveering, LLCinnoveering.netAug 2016 · $399.6K

Exits · 2

IPOs and acquisitions across the tracked portfolio

InfleqtionNYSE: INFQInterlink ElectronicsNASDAQ: LINK

Portfolio news

latest coverage across their companies