MassVentures is the Commonwealth's strategic venture capital team. We find, fund, and foster early stage deep tech that fuels economic growth across the Commonwealth.
Deep tech is at the core of the Commonwealth's innovation ecosystem. STEM-based startups represent substantial scientific advances and high-tech engineering innovation that address big societal challenges - often creating new markets or disrupting existing ones.
The deep tech sector includes advanced manufacturing, advanced materials, artificial intelligence, health security, robotics, photonics, electronics, quantum computing, and other emerging technologies and industries.
It's a sector that is often overlooked and typically underinvested at the seed stage...but it's brimming with opportunity.
Deep Tech is Where We Live
“MassVentures is building a collaborative ecosystem of entrepreneurs in Boston and beyond. Each of our success is made more likely with the success of others in our community. Armored Things is proud to be a part of this group!”
Julie Johnson
Founder and CEO, Armored Things
“We’ve worked closely with the companies that go through the MassVentures program. We found that those companies are at a critical stage for growth and MassVentures is one of the very few resources that can help transition those companies.”
Marie Meslin
Director, The Capital Network
MassVentures made strong progress in 2020, despite the year's unprecedented headwinds. We funded 42 companies with $6.2 million, and our portfolio companies raised more than $1 billion in follow-on capital.
Our START grant program helped MIT Professor Cullen Buie and Paulo Garcia, CEO and Kytopen Co-founder, convert their research into a business. Read about their innovation that helps make next-gen cell therapies faster & more cost-effective.
MassVentures supports the latest awards from Mass Clean Energy Center
"To ensure we continue to lead in this space, $62 million in existing capital funding through the Mass Life Science Center, the Massachusetts Technology Collaborative, and MassVentures is available to support recovery and growth."