Fundraising Fox

Vermont Center for Emerging Technologies (VCET)

Accelerator

Burlington · Pre-Seed–Series A · 23 people tracked

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Investment thesis

VCET focuses on technology-enabled startups poised to scale in Vermont. It positions the entrepreneur at the center of its work, offering hands-on support that spans business coaching, access to a workspace, mentorship, guidance on fundraising, and direct capital through its venture funds. The organization emphasizes helping founders turn early ideas into scalable businesses, welcoming entrepreneurs at any stage of development and providing a community of founders, mentors, and coworking members.

Source: firm website, verified Aug 3, 2026.

Stage
Pre-Seed–Series A
Check
$25K – $250K
HQ
Burlington, Vermont, US
Instruments
Equity
Founded
2005
Last 12 months
1 investment
AUM
$5M
Portfolio companies
118

Team · 23 people

from the firm's website & public directories
Andrew Allen· Seed Fund 1 Advisory Boardin

Co-founder of Contractor Headquarters, Inc.

Cassie Polhemus· Seed Fund 1 Advisory Boardin

Retired CEO of the Vermont Economic Development Authority.

David Aronoff· Board of Directors

Involved with MCJ Collective Climate Fund and Partner at Flybridge Capital.

Diane Abruzzini Riggs· Seed Fund 1 Advisory Boardin

Co-founder of Rigorous.

Dr. John Evans· Board Advisorin

Former Dean of UVM College of Medicine, Board Chair of PC Construction, and a VCET founder.

Elizabeth Hackett Robinson· Vice Chair, Board of Directors

Advisor at Middlebury College.

Ernie Spears· Seed Fund 1 Advisory Boardin

Entrepreneur and business advisor.

Frank Cioffi· Chair, Board of Directorsin

President of GBIC & Cynosure and Chair of the Vermont Technology Council.

Gavin Berger· Board of Directorsin

Entrepreneur and entertainment executive.

Gwen Pokalo Hart· Seed Fund 1 Advisory Boardin

Owner of GAP LABS.

Janette Bombardier· Board of Directors

Chief Engineering Officer at Chroma Technologies.

Javen Sears· Digital Content Associate, Venture Platformin
Jim Robinson· Investment Committee Memberin

Of MultiStrat Advisors Inc. and founder of Middlebury Securities LLC.

JP Dowd· Board Advisorin

Vice President at Van Scoyoc Associates.

Rob Foregger· Board of Directorsin

Partner at Product Labs and co-founder of NextCapital.

Scott Bailey· Board of Directorsin

Co-founder of Bequall.

Founder mafia

3 people who came through Vermont Center for Emerging Technologies (VCET) went on to found or lead other companies.

What they invest in

from 88 of 118 portfolio companies

Consumer ×20Media & Entertainment ×15SaaS ×13Direct to Consumer ×11Impact & Social Good ×10Advanced Manufacturing ×9AI & Machine Learning ×9EdTech ×9

HQs:United States×63

Who they back

founder profiles across 23 portfolio companies
61%
solo founders
14 of 23 mapped founding teams
~3 yrs
old at investment
median across 8 dated deals

Founding team size:solo founder×142 founders×83 founders×1

Accelerator rootsportfolio companies that came through a program

Techstars ×2

Portfolio companies · 118 tracked

alumni founders can tell you what the program is really like

By year:2026 · 12025 · 12024 · 22023 · 12022 · 22021 · 22019 · 12015 · 111 dated

Beta Technologiesbeta.teamin𝕏NYSE: BETA

BETA Technologies develops electric aircraft (including the ALIA eVTOL) and associated charging infrastructure for sustainable aviation.

CleantechDefense TechHardwareMobility & TransportationBurlington, US

Kyle Clark(CEO)inSean Donovan(Executive Officer)Herman Cueto(Executive Officer)

BoardCharles Davis(Director)Mike Stone(Director)Francesco Capretti(Director)

Co-investorsStone PointChaifetz GroupPreston-Werner VenturesUP Partners

Goldman Sachsgoldmansachs.comin𝕏NYSE: GS

Goldman Sachs is a global investment bank and financial services firm providing services such as mergers and acquisitions advisory, investment banking, and markets research to corporate and institutional clients.

FintechNew York City, US

Co-investorsCowles VenturesTeamworthy VenturesDST Global

T1 Energyt1energy.comin𝕏NYSE: TE

T1 Energy develops domestic manufacturing and supply chains for solar and battery energy products in the United States.

Advanced ManufacturingCleantechEnergy

Co-investorsKluz Ventures

4T2D4t2d.comin

4T2D is a Vermont lifestyle apparel boutique that designs and manufactures its own clothing, beanies, and accessories while also curating USA-made and independent brands.

ConsumerE-commerceRetail TechBurlington, US

Acceleron Bankacceleronbank.comin

Acceleron provides API-based international wire and FX payment automation for community banks and financial institutions, letting them bring foreign exchange services in-house and earn non-interest income.

FintechSaaSCharlestown, US

Damon Magnuski(Executive Officer, Director)

BoardW. Lowell Putnam(Director)Sarah Beth Felix(Director)Andrew Dillard(Director)Dennis Lormel(Director)

Co-investorsCORI InnovationRevUp Capital

Apprentiscopeapprentiscope.comin

ApprentiScope offers an Apprenticeship Management System (AMS) that automates tasks such as apprentice enrollment, OJT and RTI tracking, and U.S.

EdTechGovTechHR TechSaaS

William Lippolis(Founder & CEO)

Aprexisaprexis.comSep 2023

Aprexis offers a platform for medication therapy management (MTM) and customizable clinical programs covering lifestyle medicine and disease management, using AI-driven patient stratification, a patient-facing mobile app, and EHR interoperability.

Digital HealthHealthtechSaaSMontpelier, US

MICHAEL HOWE(Executive Officer)

BoardROBERT SQUIRE(Director)

Co-investorsCORI InnovationFreshTracks Capital

Atlas Acupunctureatlasacupuncturevt.com

Atlas Acupuncture is an acupuncture clinic and herbal apothecary offering acupuncture, herbal medicine, and nutritional counseling based in Traditional Chinese Medicine.

HealthtechWellness & FitnessBurlington, US

AutoPylotautopylot.ioin

AutoPylot is a free, FAA-approved mobile and web app for drone pilots that combines airspace status (B4UFLY), LAANC authorization, weather forecasts, pre-flight checklists, fleet management, and mission logging in one platform.

GovTechMobility & TransportationSaaSSouth Burlington, US

Tautvydas Shalna(Executive Officer, Director)

Co-investorsDudley Fund

Benchmark Space Systemsbenchmarkspacesystems.comin

South Burlington, US

Michael Ryan McDevitt(Corporate Secretary Chief Technology Officer)Matthew Shea(Chief Product Officer)Wesley Grove(CEO President)Matthew McShea(Executive Officer)

BoardChristopher Timchak(Director)James H Crook, Jr.(Director)

Co-investorsCreative Destruction Lab (CDL)FreshTracks CapitalKluz VenturesLaunchCapitalFreshTracks Green Mountain

Bivodrinkbivo.cominApr 2022

Bivo designs lightweight recycled stainless steel sports water bottles featuring a patented high-flow nozzle for fast drinking.

ConsumerDirect to ConsumerSports TechRichmond, US

Carina Hamel(Co-founder)Robby Ringer(Co-founder)

Brio Coffeeworksbriocoffeeworks.com𝕏

Brio Coffeeworks is a woman-owned specialty coffee roaster, coffee bar, and retail boutique selling single-origin, blended, instant, and decaf coffees plus home brewing equipment.

Direct to ConsumerE-commerceFoodTechBurlington, US

Broken Skull Challengecmt.com𝕏

CMT is a media brand and streaming destination featuring music-related television series and competition shows, including "The Road" produced by Taylor Sheridan and hosted by Blake Shelton and Keith Urban.

Media & Entertainment

Burton Snowboardsburton.com

Burton designs and sells snowboarding gear and apparel, including insulated, waterproof jackets, pants, bibs, and one-piece suits for adults and children.

Direct to ConsumerE-commerceSports Tech

Butch & Babe’sbutchandbabes.com
Cannatrol

Residential and commercial solutions to dry, cure and store cannabis harvest using proprietary Vaportrol technology.

Co-investorsDudley Fund

Cannatrolscannatrols.comin𝕏

Cannatrol makes cannabis post-harvest systems that dry, cure, and store flower using patented Vaportrol vapor pressure control technology.

AgTechFoodTechHardware

Center for Women and Enterprisecweonline.orgin𝕏

Center for Women & Enterprise (CWE) is a nonprofit that helps women launch and grow businesses through courses, readiness assessments, workshops, and networking events.

EdTechImpact & Social Good

Code Style Clubcodestyleclub.com

Code Style Club is a barbershop offering haircuts and grooming services for a range of styles.

ConsumerBurlington

Common Deercommondeer.com

Common Deer is a retailer that curates and sells goods made in North America, working with over 500 local makers and artists.

ConsumerE-commerceRetail Tech

Data Innovationsdatainnovations.comin

Data Innovations builds laboratory middleware that connects lab instruments, LIS, and EMR/EHR systems across disciplines, consolidating testing control into one platform.

HealthtechMedical DevicesSaaSColchester, US

Co-investorsBattery Ventures

Dealer Dot Comdealer.comin𝕏

Dealer.com, part of Cox Automotive, provides digital marketing solutions for car dealerships, including personalized dealership websites, data-driven advertising, SEO, managed services, and digital retailing tools.

AdTechMarketing TechSaaS

Ryan Dunn(Founder)in

Co-investorsAccel

Education at Workeaw.orgin

Education at Work is a national nonprofit that runs a paid, flexible work-based learning program connecting college students with corporate employers, providing student wages and tuition assistance.

EdTechFuture of WorkImpact & Social Good

Jane Swift(CEO)

Faradayfaraday.aiin

Faraday builds AI-powered software that predicts customer behavior for businesses, aiming to make customer experiences predictive.

AI & Machine LearningData & InfrastructureMarketing TechSaaSBurlington, US

Co-investorsFreshTracks Capital

Fluencyfluency.incinAug 2019

Fluency is a digital advertising operating system that automates paid media campaign execution across walled gardens and the open web for advertising agencies and ad teams.

AdTechAI & Machine LearningSaaSBurlington, US

Eric Mayhew(Executive Officer, Director)Mike Lane(Founder)inMichael Lane(Executive Officer, Director)in

BoardKristin Halpin Perry(Director)Brian McVey(Director)Scott Gale(Director)

Co-investorsFraser McCombs CapitalAccelArchangelCarya Venture Partners

Foam Brewersfoambrewers.com𝕏

Foam Brewers, together with House of Fermentology, runs Natural Hack, a low-intervention wine, cider, and mead program.

ConsumerFoodTech

Foto Visuravisura.coin𝕏Nov 2015

AI & Machine LearningCrypto & Web3Stowe, US

Graham Letorney(Executive Officer, Director, Promoter)Geoff Robertson(Executive Officer)Adriana Hernandez(Executive Officer, Director, Promoter)

Co-investorsTechstars

Fourbital Factoryfourbitalfactory.comin

Fourbital Factory is a Vermont-based manufacturer of custom and private-label knit beanies, offering small-batch and bulk production with low minimums and domestic turnaround.

Advanced ManufacturingConsumerDirect to Consumer

Fuse Marketingfusemarketing.comin𝕏

Fuse is an independent marketing agency focused on reaching teens and young adults, running sports, sampling, campus, culture, and customer marketing programs for brands.

Marketing TechMedia & Entertainment

GameTheorygametheoryco.com

GameTheory is a consultancy or design firm that develops human-centered, adaptive solutions aimed at creating sustainable social impact, working alongside partners and the people affected by the challenges it addresses.

Impact & Social Good

Geopipegeopipe.aiin𝕏Jul 2021

Geopipe creates digital twin technology that generates immersive 3D models of real-world cities and environments for use in games, simulations, training, and architecture.

AI & Machine LearningData & InfrastructureDeep TechGamingNew York City, US

Christopher Mitchell(CEO and Co-Founder)Thomas Dickerson(CSO and Co-Founder)Dickerson Dickerson(Executive Officer, Director, Promoter)Joshua Duyan(Director)

Co-investorsTechstarsAlexa FundAME Cloud VenturesMatrixVillage Global

Global Village Cuisineglobalvillagecuisine.com

Global Village Cuisine is a Vermont-based food company offering African-inspired, chef-crafted meals through takeout, catering, events, retail, and regional meal delivery.

ConsumerDirect to ConsumerFoodTech

Goodridge Lumbergoodridgelumber.com

Goodridge Lumber is a family-owned manufacturer of cedar log homes and rough and finished cedar lumber, and a supplier of Perma-Chink products for log home construction, maintenance, and restoration.

Advanced ManufacturingConstruction TechNew Materials

GPMS

Prognostic health and usage monitoring systems (HUMS) for aerospace and industrial customers.

Gpms Vtgpms-vt.comin𝕏

GPMS builds Foresight, a Health and Usage Monitoring System (HUMS) for aircraft that uses onboard sensor data and analytics to improve fault detection and reduce false positives.

AI & Machine LearningHardwareIoT

Green Mountain Powergreenmountainpower.com

Green Mountain Power is an electric utility that provides electricity to customers, offering outage tracking, bill payment, and account management through its mobile app.

Energy

Green Mountain Softwaregreenmountainsoftware.com
Heady Vermontheadyvermont.com𝕏

Heady Vermont is a media and content site covering cannabis and hemp news, culture, growing guides, and legalization in Vermont.

Media & Entertainment

Hearforward
Honey Roadhoneyroadrestaurant.com

Honey Road is a restaurant located in Burlington, Vermont, offering dine-in, takeout, and gift cards.

ConsumerBurlington, US

Hootie Hoohootiehoo.comin

Hootie Hoo designs kids' outerwear such as jackets and pants for outdoor winter play, made with recycled materials and built for durability.

Circular EconomyConsumerDirect to Consumer

Co-investorsR/GA Ventures

InSpaceinspace.chat
Isora Lithgow Creationsisoralithgowcreations.com

Isora Lithgow Creations is a documentary-style wedding photography business offering editorial, candid photography in both digital and film formats.

Consumer

Isora Lithgow

IXIS Digitalixisdigital.comin𝕏

IXIS Digital provides data analytics and business intelligence services, including ATLAS, a data aggregation platform with integrated AI that surfaces trends and insights.

AI & Machine LearningData & InfrastructureSaaS

JAM Creativejamcreativevt.comin

JAM Creative is a full-service commercial photo and video studio offering lifestyle, travel, product, corporate, and drone/aerial photography and video production.

Media & EntertainmentBurlington, US

Jennifer Kahn Jewelryjenniferkahnjewelry.com

Jennifer Kahn Jewelry designs and handcrafts silver and mixed-metal jewelry, including pendants, earrings, and chakra/healing pieces made from Precious Metal Clay.

ConsumerDirect to ConsumerE-commerceBurlington, US

Jennifer Kahn(Founder)

June Farmjunefarmvt.com

June Farm is a flower farm growing specialty cut flowers, sold wholesale to florists and directly to consumers.

AgTechDirect to ConsumerCharlotte, US

Kingdom County Productionskingdomcounty.org

Kingdom County Productions produces feature films and documentaries, live performing arts events, and experiential learning programs in filmmaking, theater, and writing.

EdTechImpact & Social GoodMedia & Entertainment

Jay Craven(Writer, Director & Producer)Bess O'Brien(Documentary Filmmaker & Theater Producer)

KORE Powerkorepower.comin𝕏Nov 2022acquired by T1 Energy

KORE Power (T1) is developing energy storage and battery manufacturing in Texas, with a headquarters in Austin and a factory south of Dallas.

Advanced ManufacturingCleantechEnergyHardwareCoeur D'Alene, US

Lindsay E. Gorrill(Executive Officer, Director)Lindsay Gorrill(Founder & Board Member)Daniel Barcelo(Chief Executive Officer & Chairman of the Board)Evan Calio(Chief Financial Officer)Jaime Gualy(Chief Operating Officer)Andreas Bentzen(Chief Technology Officer)

KSVksvagency.comin𝕏

KSV is a creative and strategic agency focused on sustainability, producing branding and marketing campaigns for clients in energy efficiency, youth services, transportation, and food security.

Climate TechImpact & Social GoodMarketing Tech

LiFT Learningliftlearning.com

LiFT is a skills-based learning platform for schools that supports project-based learning design, competency and rubric frameworks, authentic assessment, and verified student skill portfolios.

EdTechSaaS

Lindsey Stoddardlindseystoddard.com

Personal website for Lindsey Stoddard, a children's book author, promoting her book "THE REAL DEAL."

Media & Entertainment

Lost Lanternlostlanternwhiskey.comFeb 2025

Advanced ManufacturingWeybridge, US

Adam Polonski(Director)Nora Ganley-Roper(Executive Officer, Director)

BoardMark Bathgate(Director)Jeff Quint(Director)Thomas J. Whalen(Director)in

Co-investorsDudley FundFreshTracks Capital

Main & Mountainmainandmountain.com

Main & Mountain is a boutique lodge with thirteen renovated rooms plus a bar and lounge serving cocktails, craft beers, wines, and food.

ConsumerTravel & HospitalityLudlow, US

Mamavamamava.comin𝕏

Mamava designs, engineers, and manufactures freestanding lactation pods for workplaces and public spaces, along with breastfeeding resources for employers and organizations and a free app that helps parents locate lactation spaces.

Advanced ManufacturingEnterprise SoftwareFemTechHardwareHealthtechWellness & FitnessBurlington, US

Christine Dodson(Co-founder & CEO)Sascha Mayer(Co-founder)Brian Werneke(Director)Michael Jager(Director)

BoardCairn Cross(Director)in

Co-investorsFreshTracks CapitalFreshTracks Green Mountain

Million Dollar Mileimdb.com

Co-investorsPhenomen Ventures

Miranda Beverly-Whittemoremirandabw.com𝕏

Personal website of novelist Miranda Beverly-Whittemore, promoting her fiction including the novel "Fierce Little Thing." The site offers readers a signed bookplate and shares information about the author and her work.

New Dudsnewduds.net

New Duds provides custom screen-printed apparel, embroidery, and screen-printed posters, producing orders for customers with low order minimums (no single-item jobs).

Advanced ManufacturingConsumerE-commerce

NOMAD Powernomadpower.comin

NOMAD builds transportable, megawatt-scale battery energy storage systems (from 500 kW to 1 MW) that can be deployed in under an hour for grid support, peak shaving, EV charging, live events, and remote operations.

CleantechEnergyHardware

Exits · 4

IPOs and acquisitions across the tracked portfolio

Beta TechnologiesNYSE: BETAGoldman SachsNYSE: GST1 EnergyNYSE: TEKORE Poweracq. by T1 Energy

Portfolio news

latest coverage across their companies

Frequently asked questions

How many investments has Vermont Center for Emerging Technologies (VCET) made?
Vermont Center for Emerging Technologies (VCET) has 118 tracked investments, 1 of which have exited via acquisition or IPO, including 3 dated in the last 24 months.
What stage does Vermont Center for Emerging Technologies (VCET) invest at?
Vermont Center for Emerging Technologies (VCET) invests at the Pre-Seed, Seed, Series A stages.
What is Vermont Center for Emerging Technologies (VCET)'s typical check size?
Vermont Center for Emerging Technologies (VCET) typically writes checks of $25K – $250K.
What sectors does Vermont Center for Emerging Technologies (VCET) focus on?
Vermont Center for Emerging Technologies (VCET) focuses on Biotech, Data & Infrastructure, Deep Tech, Defense Tech, EdTech, Energy, Enterprise Software, Fintech, Hardware, Media & Entertainment, Medical Devices, New Materials, SaaS, Sector Agnostic.
Where is Vermont Center for Emerging Technologies (VCET) located?
Vermont Center for Emerging Technologies (VCET) is headquartered in Burlington, US.
Who does Vermont Center for Emerging Technologies (VCET) co-invest with?
Vermont Center for Emerging Technologies (VCET) most often shares deals with FreshTracks Capital, Dudley Fund, CORI Innovation, among 37 tracked co-investors.

Images

Vermont Center for Emerging Technologies (VCET) photoVermont Center for Emerging Technologies (VCET) photoVermont Center for Emerging Technologies (VCET) photoVermont Center for Emerging Technologies (VCET) photoVermont Center for Emerging Technologies (VCET) photoVermont Center for Emerging Technologies (VCET) photo

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