Innovation Works

Innovation Works is a venture capital firm based in Pittsburgh, Pennsylvania, established in 1999. With over 20 years of experience, it has become a key player in Southwestern Pennsylvania's technology economy, focusing on investing in high-potential companies that can significantly impact the regional economy. As the largest investor in seed-stage companies in the region, Innovation Works supports a diverse range of sectors, including robotics, artificial intelligence, medical devices, retail technologies, and enterprise software. In addition to financial investment, the firm offers business expertise and resources to help manufacturers adopt new technologies, further fostering innovation and growth within the local economy.

Sophie Burkholder

Investment Associate

Peter Erin

Senior Investment Associate

Aaron Tainter

Director of Accelerator Programs

Steven Welles

Managing Director of Software

Past deals in Biofuel

Optimus Technologies

Series A in 2023
Optimus Technologies is a clean energy technology company located in Pittsburgh, Pennsylvania, specializing in advanced fuel systems for medium and heavy-duty truck fleets. The company manufactures the Vector System, which allows diesel engines to operate solely on 100% biodiesel. This innovative technology facilitates a seamless transition to low-carbon fuels by integrating into existing engine operations without the need for significant modifications or replacements. By enabling fleet operators to run exclusively on biodiesel, Optimus helps reduce both fuel costs and emissions, addressing the challenges of achieving emissions reductions in heavy-duty applications while meeting renewable fuel targets.

Optimus Technologies

Seed Round in 2022
Optimus Technologies is a clean energy technology company located in Pittsburgh, Pennsylvania, specializing in advanced fuel systems for medium and heavy-duty truck fleets. The company manufactures the Vector System, which allows diesel engines to operate solely on 100% biodiesel. This innovative technology facilitates a seamless transition to low-carbon fuels by integrating into existing engine operations without the need for significant modifications or replacements. By enabling fleet operators to run exclusively on biodiesel, Optimus helps reduce both fuel costs and emissions, addressing the challenges of achieving emissions reductions in heavy-duty applications while meeting renewable fuel targets.

Optimus Technologies

Convertible Note in 2018
Optimus Technologies is a clean energy technology company located in Pittsburgh, Pennsylvania, specializing in advanced fuel systems for medium and heavy-duty truck fleets. The company manufactures the Vector System, which allows diesel engines to operate solely on 100% biodiesel. This innovative technology facilitates a seamless transition to low-carbon fuels by integrating into existing engine operations without the need for significant modifications or replacements. By enabling fleet operators to run exclusively on biodiesel, Optimus helps reduce both fuel costs and emissions, addressing the challenges of achieving emissions reductions in heavy-duty applications while meeting renewable fuel targets.

Optimus Technologies

Convertible Note in 2017
Optimus Technologies is a clean energy technology company located in Pittsburgh, Pennsylvania, specializing in advanced fuel systems for medium and heavy-duty truck fleets. The company manufactures the Vector System, which allows diesel engines to operate solely on 100% biodiesel. This innovative technology facilitates a seamless transition to low-carbon fuels by integrating into existing engine operations without the need for significant modifications or replacements. By enabling fleet operators to run exclusively on biodiesel, Optimus helps reduce both fuel costs and emissions, addressing the challenges of achieving emissions reductions in heavy-duty applications while meeting renewable fuel targets.

Optimus Technologies

Convertible Note in 2016
Optimus Technologies is a clean energy technology company located in Pittsburgh, Pennsylvania, specializing in advanced fuel systems for medium and heavy-duty truck fleets. The company manufactures the Vector System, which allows diesel engines to operate solely on 100% biodiesel. This innovative technology facilitates a seamless transition to low-carbon fuels by integrating into existing engine operations without the need for significant modifications or replacements. By enabling fleet operators to run exclusively on biodiesel, Optimus helps reduce both fuel costs and emissions, addressing the challenges of achieving emissions reductions in heavy-duty applications while meeting renewable fuel targets.

Optimus Technologies

Convertible Note in 2015
Optimus Technologies is a clean energy technology company located in Pittsburgh, Pennsylvania, specializing in advanced fuel systems for medium and heavy-duty truck fleets. The company manufactures the Vector System, which allows diesel engines to operate solely on 100% biodiesel. This innovative technology facilitates a seamless transition to low-carbon fuels by integrating into existing engine operations without the need for significant modifications or replacements. By enabling fleet operators to run exclusively on biodiesel, Optimus helps reduce both fuel costs and emissions, addressing the challenges of achieving emissions reductions in heavy-duty applications while meeting renewable fuel targets.

Optimus Technologies

Convertible Note in 2014
Optimus Technologies is a clean energy technology company located in Pittsburgh, Pennsylvania, specializing in advanced fuel systems for medium and heavy-duty truck fleets. The company manufactures the Vector System, which allows diesel engines to operate solely on 100% biodiesel. This innovative technology facilitates a seamless transition to low-carbon fuels by integrating into existing engine operations without the need for significant modifications or replacements. By enabling fleet operators to run exclusively on biodiesel, Optimus helps reduce both fuel costs and emissions, addressing the challenges of achieving emissions reductions in heavy-duty applications while meeting renewable fuel targets.
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