Fundraising Fox

National Oceanic and Atmospheric Administration (NOAA)

Grant agency

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Investment thesis

Funds ocean, weather, and climate observation technology through SBIR.

SBIR/STTR awards · non-dilutive funding

Federal grants and contracts to small businesses — no equity taken. Awards on record 2010–2023.

Awards
368
Companies funded
190
Total awarded
$92.5M
Median award
$150K

226 Phase I · 142 Phase II · most-funded states: CA, MA, CO, VA, HI

Recent awardeesPhaseYearAmount
ENSEMBLE GOVERNMENT SERVICES, LLCHyattsville, MDPhase I2023$175K
INTERLINK ELECTRONICS, INCIrivine, CAPhase I2023$175K
UPSTREAM PBCAlameda, CAPhase I2023$175K
FARSOUNDER INCWarwick, RIPhase I2023$175K
HYDROSAT INCWashington, DCPhase I2023$175K
Jaia Robotics, Inc.Bristol, RIPhase I2023$174.9K
SALIENT PREDICTIONS INCFalmouth, MAPhase I2023$174.9K
WEATHERVANE LABS LLCMinneapolis, MNPhase II2023$650K
FPN LLCBrunswick, MEPhase II2023$650K
COASTALOCEANVISION, INCNORTH FALMOUTH, MAPhase II2023$650K
Ocean's Balance IncSouth Portland, MEPhase II2023$650K
AIRMETTLE INCHouston, TXPhase II2023$650K
Robotics 88, Inc.Barrington, RIPhase II2023$650K
INTELLISENSE SYSTEMS INCTorrance, CAPhase II2023$650K
AIFISH LLCKailua, HIPhase II2023$650K
AERODYNE RESEARCH INCBillerica, MAPhase II2023$650K
60Hertz IncorporatedAnchorage, AKPhase II2023$650K
GEOMETRIC DATA ANALYTICS INC.Durham, NCPhase II2023$649.9K
ACME ATRONOMATIC, LLCOrlando, FLPhase II2023$649.9K
DRAGOON TECHNOLOGY LLCOro Valley, AZPhase II2023$649.8K
FIELD DATA SERVICES LLCEssex, MTPhase II2023$649.7K
IMPROVING AVIATION LLCTampa, FLPhase II2023$649.3K
Blue Ocean Gear Inc.Redwood City, CAPhase II2023$648.9K
BIOSPHERICAL INSTRUMENTS, INC.San Diego, CAPhase II2023$643.7K
YANKEE ENVIRONMENTAL SYSTEMS, INC.Turners Falls, MAPhase I2023$175K
OCEANIT LABORATORIES INCHonolulu, HIPhase I2023$175K
WAIHOME LLCHaleiwa, HIPhase I2023$175K
SPACE BALLOON TECHNOLOGIES CORPDaytona Beach, FLPhase I2023$175K
STRATOSOLUTIONS INCGrayslake, ILPhase I2023$175K
APPLIED OCEAN SCIENCES, LLCFairfax Station, VAPhase I2023$175K

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
152

What they invest in

from 100 of 152 portfolio companies

Deep Tech ×50Hardware ×38Defense Tech ×30AI & Machine Learning ×26Climate Tech ×24Robotics ×12Space Tech ×12Cleantech ×10

HQs:United States×43

Investments · 152 tracked

founders shown can be your intro path

By year:2023 · 192022 · 132021 · 132020 · 322018 · 172017 · 202015 · 142014 · 52013 · 92011 · 9151 dated

Interlink Electronicsinterlinkelectronics.comNASDAQ: LINKSep 2023 · $175K

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)

AA PLASMA LLCaaplasma.comJul 2020 · $649.9K

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)

Access Sensor Technologies LLCaccsensors.comJul 2018 · $519.6K
ACME ATRONOMATIC, LLCmyradar.comSep 2022 · $799.9K

MyRadar is a weather app that provides high-definition radar, NOAA weather alerts, temperatures, forecasts, and a hurricane and tropical storm tracker.

ConsumerMedia & Entertainment

ACTINIXactinix.comJun 2017 · $520K

Actinix is developing instrumentation that combines fluorescence microscopy and Raman spectroscopy to detect, identify, and analyze microplastics and nanoplastics across sample types such as water, soil, air, food, and biological tissues.

Deep TechHardwareHealthtech

ADAPTIVE DYNAMICS, INC.adaptive-dynamics.com

Adaptive Dynamics Inc.

Deep TechDefense TechHardware

ADAPTIVE MANAGEMENT AND ENGINEERING, LLCamesouth.comSep 2022 · $150K

Adaptive Management and Engineering, LLC (AME) is a geotechnical engineering firm providing coastal engineering, site exploration, laboratory testing, and instrumentation and monitoring services for public and private clients on projects such as marsh creation, coastal protection, and dredged material use.

Climate TechConstruction TechDeep Tech

ADELPHI TECHNOLOGY INCadelphitech.comJan 2020 · $520K

Adelphi Technology manufactures neutron generator products, including deuterium-tritium, deuterium-deuterium, and thermal (moderated) neutron sources with yields ranging from 10^7 to over 10^10 neutrons per second.

Advanced ManufacturingDeep TechHardware

AERODYNE RESEARCH INCaerodyne.comJul 2014 · $3.5M

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

Climate TechDeep TechHardware

AIFISH LLCai.fishSep 2022 · $800K

Ai.Fish builds computer-vision AI for electronic monitoring of commercial fishing vessels, automatically detecting and classifying objects and events in onboard camera and sensor footage to reduce manual video review time.

AI & Machine LearningCleantechSaaS

AIRMETTLE INCairmettle.comSep 2022 · $800K

AirMettle develops software that accelerates big data analytics by performing operations such as selecting, grouping, and aggregating data directly in the data lake using parallel processing, instead of moving data to analytic memory or a data warehouse.

Cloud ComputingData & InfrastructureEnterprise Software

AMETHYST RESEARCH INCamethystresearch.comSep 2015 · $190K

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

ANUMA AEROSPACE CORPORATIONanumaaerospace.comSep 2023 · $174.8K

Anumá Aerospace develops solar-electric airships and aerostats built around its patented partial-vacuum lift (PVL) cell technology, aimed at decarbonizing long-haul, heavy-lift transportation.

CleantechLogistics & Supply Chain

Jamie Little(Co-founder & CEO)Diana Little(President)Dave Craft(Chief Operating Officer / Chief of Staff)

APPLIED OCEAN SCIENCES, LLCappliedoceansciences.comSep 2023 · $175K

Applied Ocean Sciences provides scientific research, technical support, and software tool development in ocean science, with a focus on acoustics, physical oceanography, and marine biology.

Climate TechDeep Tech

ARETE ASSOCIATESarete.comAug 2013 · $1.8M

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

Deep TechDefense Tech

Atlantis Industries, Inc.atlantis-industries.comSep 2023 · $174.9K
ATMOSPHERIC & SPACE TECHNOLOGY RESEARCH ASSOCIATES LLCorionspace.comJun 2017 · $1.2M

Orion Space Solutions develops space environment sensors (optical and ionospheric), orbit prediction, drag-reduction solutions, and space environment models focused on very low Earth orbit (VLEO).

Deep TechDefense TechSpace Tech

ATTOGENE CORPORATIONattogene.comJan 2020 · $120K

Attogene is a biotechnology and biomanufacturing company that develops and manufactures rapid detection technologies, including lateral flow assays, ELISA kits, qPCR/qLAMP detection kits, and enzymatic assays for environmental monitoring and human disease analytes.

BiotechClimate TechMedical DevicesAustin, US

Auroraaurora.aeroin𝕏Aug 2013 · $494.9K

Aurora develops advanced air vehicles and enabling technologies, including aircraft configurations, autonomous systems, and propulsion, for government and commercial customers.

Deep TechRobotics

Azavea Inc.azavea.comJul 2020 · $650K

Element 84 (formerly Azavea) develops cloud-native geospatial data processing pipelines, distributed systems, and Earth Observation software for public, private, and non-profit sector clients.

AI & Machine LearningCloud ComputingData & Infrastructure

Aztera, LLCaztera.comSep 2015 · $99.8K
BADVR INCbadvr.comJan 2020 · $520K

BadVR builds an immersive analytics platform that uses virtual reality and machine learning to visualize complex data and surface insights.

AI & Machine LearningData & InfrastructureEnterprise Software

BARRON ASSOCIATES, INC.barron-associates.comJul 2018 · $520K

Barron Associates develops intelligent and adaptive technologies to measure, model, predict, and control complex systems, with the aim of improving performance, safety, and efficiency.

AI & Machine LearningDeep TechRobotics

BIOSPHERICAL INSTRUMENTS, INC.biospherical.comSep 2022 · $793.7K

Biospherical Instruments designs and builds optical and environmental sensors and deployment systems for aquatic, terrestrial, and airborne observations, including radiometers and profiling systems.

Climate TechDeep TechHardware

BIOWAVES, INC.bio-waves.comSep 2015 · $94.8K
BJE ENVIRONMENTAL OPTICS LLCbjeenvironmentaloptics.comJan 2020 · $515.2K

BJE Environmental Optics develops scientific instruments that measure atmospheric aerosols — the camera lidar (CLidar) and the patented Imaging Polar Nephelometer (IPN) — and provides consulting on atmospheric science and lidar technology.

Climate TechDeep TechHardware

John E. Barnes(President)

BLACK SWIFT TECHNOLOGIES LLCbst.aeroJul 2018 · $1M

Black Swift Technologies builds purpose-built unmanned aircraft systems (UAS) designed to carry scientific payloads in extreme atmospheric conditions such as high altitude, arctic, and turbulent environments.

HardwareRoboticsSpace TechBoulder, US

Jack Elston(CEO)

Blue Ocean Gearblueoceangear.cominJan 2020 · $1.3M
BLUE STORM ASSOCIATES INC.pemdastechnologies.comJun 2017 · $1M

PEMDAS Technologies and Innovations develops environmental intelligence and weather tools that provide atmospheric situational awareness in data-sparse regions such as the Arctic and Tropics.

Climate TechDeep TechDefense Tech

BOSTON ENGINEERING CORPORATIONboston-engineering.comJul 2014 · $494.1K
BRANDYWINE PHOTONICS LLCbrandywinephotonics.comJul 2018 · $120K
Cagoudeycagoudey.comMay 2017 · $400K

C.A.

Deep Tech

Clifford A. Goudey(Founder)

CARR ASTRONAUTICS CORPcarrastro.comJul 2014 · $485.4K

Carrastro provides scientific, engineering, and computational services for Earth and space missions, including meteorological modeling, atmospheric composition analysis, remote sensing, spacecraft payload integration, and environmental satellite systems.

Climate TechDeep TechSpace Tech

Catalina Sea Ranchcatalinasearanch.comSep 2015 · $95K

San Pedro, US

DEBORAH JOHNSON(Director)PHIL CRUVER(Executive Officer, Director)ROGER O'BRIEN(Director)JOHN EGER(Executive Officer)

CELL MATRIX CORPORATIONcellmatrix.comSep 2021 · $649.9K

Cell Matrix Corporation is a contract research and development firm working on complete computing systems spanning hardware, circuits, algorithms, and software, including self-modifying and neuroscience-inspired architectures.

AI & Machine LearningDeep TechHardwareBlacksburg, US

Lisa Durbeck(Co-founder)Nick Macias(Co-founder)

CFD RESEARCH CORPORATIONcfd-research.comJul 2018 · $1.5M

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

Deep Tech

CHARLES RIVER ANALYTICS, INC.cra.comJan 2020 · $1.2M

Charles River Analytics develops advanced AI, autonomy, and robotics systems—spanning sensor fusion, perception, and human-robot interaction—for applications including defense, homeland security threat detection, healthcare, and worker safety.

AI & Machine LearningDefense TechRobotics

CHEMLED TECHNOLOGIES, LLCchemled-technologies.comAug 2015 · $95K
CLIMATE FORECAST APPLICATIONS NETWORK, LLCcfanclimate.netAug 2015 · $269.6K

Climate Forecast Applications Network (CFAN) develops probabilistic weather and climate forecasting products using ensemble methods and machine learning, offering decision-support dashboards and tools for tropical cyclones, energy trading, and extreme events.

AI & Machine LearningClimate TechEnergy

Judith CurryPeter Webster

COASTALOCEANVISION, INCcoastaloceanvision.comJul 2018 · $1.8M

CoastalOceanVision develops optical instrumentation for real-time monitoring of marine and freshwater ecosystems, measuring physical and chemical parameters.

AI & Machine LearningClimate TechHardwareNorth Falmouth, US

CODAR OCEAN SENSORS, LTDcodar.comSep 2011 · $919K

CODAR develops high-frequency (HF) radar systems, including the SeaSonde, that map ocean surface currents in real time for coastal operations and ocean monitoring.

Deep TechHardwareIoTMountain View, US

COMPUTATIONAL PHYSICS, INC.cpi.comJan 2020 · $119.8K
CONNECTSIX LLCconnectsixllc.comSep 2023 · $175K

Connectsix provides Internet of Things solutions, including data gathering and custom hardware for demanding applications.

GovTechHardwareIoT

Crab Raft Inccrabraft.comJan 2020 · $519.8K
CREARE LLCcreare.comJun 2017 · $3M

Creare is an engineering research and development firm that solves complex technical problems and develops new technologies for industry and government customers.

Deep TechHardwareSpace Tech

Dr. Jay Rozzi(Senior Staff)Jeff Breedlove(Senior Staff)Dr. Odile Clavier(Senior Staff)Dr. Patrick Magari(Senior Staff)

Cultured Abalone Farm LLC, Theculturedabalone.comSep 2015 · $94.6K
CVISION AI INCcvisionai.comJan 2020 · $1.1M

CVision AI builds Tator, a browser-based digital asset management and video analysis platform with data lakehouse architecture, provenance tracking, search, and QA/QC workflows.

AI & Machine LearningData & InfrastructureSaaS

DeepSpace Technologies, Incdeepspace-technologies.comSep 2023 · $166K
DESERT STAR SYSTEMS, LLCdesertstar.comJul 2018 · $519.3K
DIOXIDE MATERIALS, INC.dioxidematerials.comJul 2014 · $495K

Dioxide Materials develops technology to recycle waste CO2 into useful products and supplies materials for electrolyzer research and development, including products for alkaline anion exchange membrane (AEM), carbon dioxide, and water electrolyzers.

CleantechClimate TechNew MaterialsBoca Raton, US

DiveViz LLCdiveviz.comJul 2020 · $649.7K

DiveViz promotes ocean engagement, aiming to get more people diving beneath the surface to build understanding and support for ocean conservation.

Impact & Social Good

DRAGOON TECHNOLOGY LLCdragoon.techSep 2022 · $799.7K

Dragoon Technology develops the Coriolis unmanned aerial system (UAS), a long-range drone platform with onboard collaborative autonomy for coordinated multi-aircraft operations.

Defense TechHardwareRoboticsTucson, US

Droplet Measurement Technologiesdropletmeasurement.comSep 2011 · $494.9K

Boulder, US

Robert McAllister(CEO)Brendan Green(Vice President)Edward Benford(Manager and Vice President)Benjamin Riefe(Manager and Secretary)

DYNAFLOW, INC.dynaflow-inc.comSep 2011 · $95K

Dynaflow, Inc. provides research and development services and products in fluid dynamics and material sciences, specializing in bubble dynamics, cavitation, fluid-structure interactions, and erosion testing.

Deep TechHardwareNew MaterialsAnnapolis Junction, US

Elder Researchelderresearch.comSep 2021 · $649.9K

Charlottesville, US

J. Dustin Hux(Executive Officer)Jeffrey L. Deal(Executive Officer)John F. Elder(Executive Officer, Director, Promoter)Shree Taylor(Executive Officer)W. Gerhard Pilcher(Executive Officer)Victor Diloreto(Executive Officer)

Ensembleconsultancyensembleconsultancy.comin𝕏Sep 2023 · $175K

Ensemble Consultancy is a technology consulting firm specializing in digital modernization, artificial intelligence, and cloud infrastructure solutions.

AI & Machine LearningCloud ComputingEnterprise Software

Farsounderfarsounder.cominSep 2023 · $175K

FarSounder develops 3D forward-looking navigation sonar that detects in-water obstacles and shallows for safe maritime navigation.

Deep TechDefense TechHardware

Forever Oceansforeveroceans.comJun 2017 · $519.2K

AgTechWarrenton, US

Tony Baxendale(Director)Mathew Goldsborough(Executive Officer, Director)Jason Heckathorn(Executive Officer, Director)

GEOMETRIC DATA ANALYTICS INC.geomdata.comSep 2022 · $799.8K
GINER INCginerinc.comSep 2015 · $95K

Exits · 1

IPOs and acquisitions across the tracked portfolio

Interlink ElectronicsNASDAQ: LINK

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