MassVentures reached new heights in 2024 with record-breaking growth and investments in a wide array of innovative startups. We made 20 investments totaling $8.2M and awarded 44 grants while launching two new programs: the Founders School and THRiVE in Mass. We celebrated two exits and provided thousands of hours of technical assistance, including pitch coaching, SBIR support, commercialization guidance, mentorship, and intros to ecosystem partners. Additional highlights include: ✔️ 75% of investments were in diverse founding teams ✔️ 55% of investments were in startups outside of Boston and Cambridge ✔️ 80% of investments were in academic spinouts ✔️ $4.8M was awarded in grant funding ✔️ 14 founders joined the first cohort of the Founders School What makes MassVentures unique? It’s not just the numbers. We are an evergreen fund with a focus on seed stage deep tech and academic spinouts. We fund scientific and engineering breakthroughs that address big societal challenges and fuel Massachusetts’ innovation economy. Our investment thesis is “Diverse Teams Outperform.” We pride ourselves on identifying founders who may not have traditional access to capital, and we foster long-term partnerships that help them navigate the commercialization process to become successful businesses. The best is yet to come. We’re excited for what lies ahead in 2025! Learn more at https://lnkd.in/euAmtMRH Charlie Hipwood Vinit Nijhawan (he/him) Priya Yadav Myron Kassaraba Stacy Swider Whitney Leslie Sienna Leis
MassVentures
Venture Capital and Private Equity Principals
Waltham, Massachusetts 4,644 followers
Diverse Teams Outperform
About us
MassVentures is the Commonwealth’s strategic venture capital team. We find, fund and foster early-stage deep tech that fuels economic growth across Massachusetts. We are a vital, comprehensive resource for entrepreneurs offering investment, non-dilutive grants, technical support and business guidance. “Diverse Teams Outperform” is our investment thesis, and we are intentional about supporting founders with diverse backgrounds or founders from diverse geographies in the state. MassVentures is a venture studio at its core with an emphasis on academic spinouts and converting research and early-stage ideas into companies. We seek to identify ideas at the very earliest prototype stage and provide much needed coaching, mentoring and funding to help convert those ideas into thriving companies to solve today’s biggest challenges for tomorrow’s generation. We establish long-term relationships with founders, aiding them on their journey from startup to growth company. Visit our website to learn more about all the funding opportunities available through MV Capital and the business guidance resources offered through MV Accelerate.
- Website
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http://www.mass-ventures.com
External link for MassVentures
- Industry
- Venture Capital and Private Equity Principals
- Company size
- 2-10 employees
- Headquarters
- Waltham, Massachusetts
- Type
- Public Company
- Founded
- 1978
- Specialties
- Venture Capital
Locations
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Primary
Get directions
1075 Main Street
Suite 100
Waltham, Massachusetts 02451, US
Employees at MassVentures
Updates
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So excited to work with Emmanuel Kasseris, PhD and the Emvolon team on their ground breaking technology!
Great visiting Emvolon, a Massachusetts Institute of Technology spin-out, in Woburn with MassVentures! As a MassVentures START winner, Emvolon is helping local and global agriculture, aviation, and maritime industries power the economy without producing emissions. We are so grateful to have them on #TeamMA!
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MassVentures team members Charlie Hipwood and Priya Yadav were thrilled to join Massachusetts Executive Office of Economic Development (EOED) Secretary Yvonne Hao and Malden Mayor Gary Christenson on site at Infinite Cooling yesterday. Spun out of MIT, Infinite Cooling is on a mission to revolutionize industrial cooling by capturing and recycling water from cooling tower plumes, a challenge that affects hundreds of thousands of industrial sites worldwide. CEO Maher Damak, PhD and the entire Infinite Cooling leadership team were present to share updates on their innovative technology. The company was awarded Catalyst and START grants in previous years and recently joined the MassVentures venture portfolio. We are excited to support their journey to advancing sustainability in industrial cooling. Learn more at https://lnkd.in/eHrCzJvA #Sustainability #Innovation #CoolingTowers
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Emvolon is pioneering innovative technology and MassVentures was thrilled to join Massachusetts Executive Office of Economic Development (EOED) Secretary Yvonne Hao for a tour of the facility in Woburn yesterday. The patented technology behind this MIT spinout is game changing! We're excited to have Emvolon in our portfolio and to work closely with CEO Emmanuel Kasseris, PhD, CSO Leslie Bromberg and the entire Emvolon team. Learn more about this company's groundbreaking innovation at https://emvolon.com/ Charlie Hipwood Priya Yadav
Secretary Yvonne Hao Visits Emvolon: Massachusetts Leading the Way in Climate Innovation We were honored to host Yvonne Hao, Secretary of the Executive Office of Economic Development for Massachusetts, at Emvolon's state-of-the-art testing and development center. Secretary Hao's visit highlighted Massachusetts' pivotal role in advancing clean energy technologies, and we are proud to be part of this dynamic ecosystem. At Emvolon, we are accelerating the transition to a carbon-negative future with our innovative technology that turns emissions into valuable green chemicals and fuels like methanol and ammonia. With the support of leaders like Secretary Hao, we’re pushing the boundaries of clean energy innovation and helping Massachusetts build a greener, more resilient economy. #ClimateInnovation #GreenFuels #Sustainability #CleanEnergy #Massachusetts #Decarbonization
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From batteries to wind turbines, materials science is at the root of most cleantech innovations. When we met Electrified Thermal Solutions through our START grant in 2023, we knew their ceramics innovation was real and impactful. During his MIT PhD thesis, Daniel Stack figured out how to make brick both refractory and electrically conductive. With his co-founder Joey Kabel they integrated this technology to create a new type of furnace, the Joule Hive™ Thermal Battery. Why a furnace? Well, consider that industrial heat is responsible for 20% of global emissions; yet scalable, clean solutions remain scarce. Even with access to clean hydropower, geothermal, and hydrogen, today’s electric boilers often come at a prohibitive cost premium and cannot achieve the temperatures required of industries like steel and glass. And it’s a $10B market! Electrified Thermal overcame these hurdles using low-cost materials that operate both as heating coil and heating storage. The Joule Hive Thermal Battery’s electrically conductive firebricks store and release heat efficiently, reaching industrial-grade temperatures upwards of 1,800°C. The system allows use of renewable and off-peak electricity, and sets a new standard for cost-effective, low-maintenance heat storage. With DOE funding across multiple grants, Electrified Thermal recently achieved Technology Readiness Level 6. The company is advancing toward commercial demonstration in 2025, positioning the JHTB as a scalable solution to decarbonize high-temperature processes across a wide range of sectors. Electrified Thermal’s technology offers a clear pathway for industries to achieve net-zero targets without compromising performance, marking a significant step forward in the global effort to reduce emissions. MassVentures is thrilled to welcome them to our venture portfolio and is excited to support their journey towards commercialization. Learn more at https://lnkd.in/enKc3smr. #ElectrifiedThermalSolutions #ElectrifiedThermalSolutions #MIT #ThermalEnergy #Innovation Charlie Hipwood Vinit Nijhawan (he/him) Stacy Swider Priya Yadav Myron Kassaraba Sienna Leis Whitney Leslie Electrified Thermal Solutions Daniel Stack Joey Kabel
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The #MassLeadsAct will support our businesses, create thousands of jobs, and lengthen our lead across key sectors. We're proud to be part of #TeamMA!
We were thrilled to celebrate the Mass Leads Act today, a game-changer for making Massachusetts the best place for businesses to start, grow, and succeed. Together, Team Massachusetts is delivering critical investments for life sciences, climatetech, AI, small businesses, and much more to support our future generations.
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Congratulations to the entire InGel Therapeutics, Inc. team on partnering with Advanced Research Projects Agency for Health (ARPA-H).
What if we could cure blindness? THEA performer teams aim for the first-ever transplant of the human eye to reestablish sight. InGel Therapeutics, Inc. will help us generate new treatments and answers for leading causes of blindness in the U.S., such as glaucoma, #MacularDegeneration, and #DiabeticRetinopathy. Get to know all the awardees ➡️ https://lnkd.in/einv6zzs
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MassVentures reposted this
Congratulations to 2023 MassVentures #START grantee, Phoenix Tailings!
I couldn’t be more proud of the Phoenix Tailings team for being named Powerhouse Tough Tech Company of the Year at the #NEVYs24 last night. This award is an honor and a reflection of the relentless dedication, ingenuity, and passion our team brings to tackling one of the world’s most pressing challenges. Thank you to the New England Venture Capital Association and everyone who made the NEVYs such a remarkable celebration of innovation and resilience. Being nominated alongside so many visionary companies and leaders was an honor in itself, and we are deeply grateful to be recognized for the progress Phoenix Tailings has made this year. #NEVYs2024 #ToughTech #Innovation #Sustainability
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It was great to see so many startups, VCs and ecosystem partners at the 12th Annual New England Venture Capital Association Nevy Awards last night. Congratulations to portfolio companies Aclarity, AeroShield Materials and JETCOOL Technologies Inc. on their nominations. Charlie Hipwood Myron Kassaraba Stacy Swider Whitney Leslie #NEVYs24 #NEVCA #Innovation
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We’re excited to share that portfolio companies Aclarity, AeroShield Materials and JETCOOL Technologies Inc. have been nominated for awards at the 12th Annual #NEVYs24! Thank you to the New England Venture Capital Association (NEVCA) for recognizing our startups. We can’t wait to join our fellow innovators in Tech, Tough Tech, Healthcare IT, Life Science, and MedTech and celebrate at the House of Blues on December 5th. See you there! bit.ly/48yZ7pV #NEVCA #Innovation
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