The mission of MassVentures is to support the innovation economy and the economic growth initiatives of the Commonwealth by transferring research and early-stage innovations to viable businesses and jobs
MassVentures is a venture studio at its core with an emphasis on academic spinouts and building diverse teams that convert research and early-stage ideas into companies serving underserved areas in the Commonwealth.
By providing not only financial resources but also strategic direction, operational support, and access to a network of experts, MassVentures provides portfolio companies a greater chance of success.
We fill a critical gap in the state’s innovation ecosystem, providing venture capital, grants, and business advice to founders who often lack access to this support. We establish long-term relationships with these founders, aiding them on their journey from startup to growth company. Our investment and grant companies have leveraged over $3 billion in follow-on capital in the last 5 years and employ approximately 10,000 workers in Massachusetts.
MV Capital:our deep tech venture funds, grant programs and revenue-based loans.
MV Accelerate:our technical assistance offerings such as SBIR support, MassVX, Partner Program, and the Commercialization Accelerator.
MV Spinouts: our support for the commercialization of academic research through MTTC and MATTO.
Why Deep Tech?
Deep tech has vast potential to fuel Massachusetts' innovation economy. Deep tech startups innovate scientific and engineering breakthroughs that address big societal challenges, often creating new markets or disrupting existing ones.
The deep tech sector includes, but is not limited to, advanced manufacturing, advanced materials, artificial intelligence, robotics, photonics, electronics, quantum computing, cleantech, medical devices, biotechnology, IoT, health security, and cyber security.
It's a sector that is often overlooked and typically underinvested at the seed stage...but it's brimming with opportunity.
MassVentures has been an ideal partner in helping our seed-stage company to navigate the complicated commercialization process, routinely going above and beyond, with advice and non-dilutive and dilutive funding. Since then, the Mass Ventures team has routinely gone out of their way to provide us with expert mentoring, industry networking, and introductions to additional investors for our future fundraises. Adden Energy is very grateful for the support of MassVentures.
William Fitzhugh
Cofounder and CEO, Adden Energy
The value for me is really our conversations. I've found MassVentures to offer solid guidance and a genuine interest in helping the company. I often call you first while I'm still formulating my thoughts because I know you won't judge me based on not appearing decisive, and know that you will be supportive.
Adam Honig
Founder and CEO, Spiro Technologies
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