Our Mission

Support the innovation economy and the economic growth initiatives of the Commonwealth by transferring research and early-stage innovations to viable businesses and jobs

Venture Development

More than a Venture Capital Firm

MassVentures is a venture development firm 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. 

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.

Testimonials

What people are saying…

MassVentures has been instrumental in our path towards commercialization, offering not only venture funding, but also invaluable mentorship, strategic guidance, and key industry connections. Their counsel at crucial junctures has made a significant impact, and they have been a trusted partner throughout our journey. We deeply appreciate the support they have given Concerto Biosciences and their ongoing contributions to the Massachusetts startup community.”

Cheri Ackerman

Cofounder & CEO, Concerto Biosciences

MassVentures has been instrumental in our path towards commercialization, offering not only venture funding, but also invaluable mentorship, strategic guidance, and key industry connections. Their counsel at crucial junctures has made a significant impact, and they have been a trusted partner throughout our journey. We deeply appreciate the support they have given Concerto Biosciences and their ongoing contributions to the Massachusetts startup community.”

Cheri Ackerman

Cofounder & CEO, Concerto Biosciences

MassVentures has been instrumental in our path towards commercialization, offering not only venture funding, but also invaluable mentorship, strategic guidance, and key industry connections. Their counsel at crucial junctures has made a significant impact, and they have been a trusted partner throughout our journey. We deeply appreciate the support they have given Concerto Biosciences and their ongoing contributions to the Massachusetts startup community.”

Cheri Ackerman

Cofounder & CEO, Concerto Biosciences

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 & CEO, Spiro Technologies

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 & CEO, Spiro Technologies

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 & CEO, Spiro Technologies

MassVentures provided us with critical support during our first year of operation, both in terms of funding and external validation. This helped us transition our grid optimization technology from academia to commercial application. Since then, the MassVentures team has continued to support us with resources, the most valuable of which has been advice from its incredibly experienced team.”

Pablo Ruiz

Founder & CEO, NewGrid

MassVentures provided us with critical support during our first year of operation, both in terms of funding and external validation. This helped us transition our grid optimization technology from academia to commercial application. Since then, the MassVentures team has continued to support us with resources, the most valuable of which has been advice from its incredibly experienced team.”

Pablo Ruiz

Founder & CEO, NewGrid

MassVentures provided us with critical support during our first year of operation, both in terms of funding and external validation. This helped us transition our grid optimization technology from academia to commercial application. Since then, the MassVentures team has continued to support us with resources, the most valuable of which has been advice from its incredibly experienced team.”

Pablo Ruiz

Founder & CEO, NewGrid

MassVentures has been an invaluable partner to my company, florrent, and a true driving force behind the Massachusetts innovation ecosystem. MassVentures' role extends far beyond mere financial backing; their extensive industry connections, government affiliations, and support in securing non-dilutive grants have been crucial to our growth. From facilitating key connections to providing invaluable advice, MassVentures has proven to be an exceptional partner.”

Jose LaSalle

Founder & CEO, florrent

MassVentures has been an invaluable partner to my company, florrent, and a true driving force behind the Massachusetts innovation ecosystem. MassVentures' role extends far beyond mere financial backing; their extensive industry connections, government affiliations, and support in securing non-dilutive grants have been crucial to our growth. From facilitating key connections to providing invaluable advice, MassVentures has proven to be an exceptional partner.”

Jose LaSalle

Founder & CEO, florrent

MassVentures has been an invaluable partner to my company, florrent, and a true driving force behind the Massachusetts innovation ecosystem. MassVentures' role extends far beyond mere financial backing; their extensive industry connections, government affiliations, and support in securing non-dilutive grants have been crucial to our growth. From facilitating key connections to providing invaluable advice, MassVentures has proven to be an exceptional partner.”

Jose LaSalle

Founder & CEO, florrent

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Fuel your innovation journey! Stay connected.

Join the MassVentures newsletter to receive insights, funding opportunities, portfolio news and founder resources in your inbox monthly.

Join our mailing List

Fuel your innovation journey! Stay connected.

Join the MassVentures newsletter to receive insights, funding opportunities, portfolio news and founder resources in your inbox monthly.

Join our mailing List

Fuel your innovation journey! Stay connected.

Join the MassVentures newsletter to receive insights, funding opportunities, portfolio news and founder resources in your inbox monthly.