Seed investment and support for Massachusetts-based deep tech startups
MassVentures invests in academic spinouts and early-stage deep tech companies based in Massachusetts. Deep tech innovates scientific and engineering breakthroughs that address big societal challenges, often creating new markets or disrupting existing ones, and have the vast potential to fuel Massachusetts' innovation economy.
We look for innovative technologies which support the economic growth initiatives of the Commonwealth and place an emphasis on diverse founding teams and geographies.
With a focus on venture development, we provide funding and guidance to academic spinouts and early-stage companies to help them get traction, build their MVP, find early customers, accelerate GTM strategy, expand sales and bring on key staff.
MassVentures has been an invaluable partner to us. Their commitment, expertise, and support have not only catalyzed our growth, but have also greatly enriched the Massachusetts Innovation Ecosystem. In an industry that's pivotal for our future, having steadfast supporters like MassVentures is essential. Their drive to expand both non-dilutive and dilutive investments speaks volumes about their dedication to nurturing startups and fostering innovation. They truly exemplify what it means to go above and beyond in supporting startups.
Daniel Pelaez
CEO of Cyvl
MassVentures has been a key partner in Atlantic Quantum's development, especially in nurturing deep tech innovations that require time to mature. Their funding and network of expertise have been key in developing industry-defining technologies, such as quantum computing, underscoring their commitment to long-term innovation in Massachusetts. We value their role in helping bring our transformative technologies to market.
Bharath Kannan
Cofounder and CEO of Atlantic Quantum
As a second-time entrepreneur, I know it takes a village to grow a startup to success. It is very important to be part of a community of people who can help in different ways. In addition to the financial support that is undeniably extremely useful, MassVentures helped us to maximize the number of friends who could help us succeed.
Davide Marini
CEO of Inkbit
MassVentures has been instrumental in Electrified Thermal Solutions' growth, providing crucial funding, guidance and network support that accelerated the development of our Joule Hive™ Thermal Battery - a revolutionary system that uses electrically conductive firebricks to store renewable energy at temperatures up to 1,800°C for use in industrial heat process. Their deep understanding of complex technical innovations and commitment to sustainability has been invaluable as we work to decarbonize high temperature industrial heat processes across all industries through our cost-effective thermal storage solution.
Dan Stack
Cofounder and CEO of Electrified Thermal Solutions
Team Massachusetts is excited to connect you with the latest and most relevant resources available for businesses. We’re here to support you every step of the way as your company grows. Through the Business Front Door, we can make your business journey in Massachusetts a successful one. Learn more at www.mass.gov/business-front-door.
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