Innovation Works

Established in 1999, Innovation Works is a prominent investor in Southwestern Pennsylvania's technology sector. It provides capital and resources to early-stage companies with high growth potential and significant regional impact, particularly focusing on robotics, AI, medical devices, retail technologies, and enterprise software.

Sophie Burkholder

Investment Associate

Kevin Dowling Ph.D

Managing Director of Robotics Factory and Hardware

Peter Erin

Senior Associate

Afshan Khan

Investor

Jeffrey McDaniel

Investor

Ven Raju

Investor

Aaron Tainter

Investor

Steven Welles

Managing Director of Software

Jim Wrubel

Investor

Past deals in Packaging Services

Parcel Health

Seed Round in 2024
Parcel Health develops sustainable medication packaging made from paper. Their products are brandable, compostable, and offer improved temperature control during shipping compared to traditional plastic bottles.

DisSolves

Convertible Note in 2023
DisSolves Inc. is a Pittsburgh-based company specializing in the development and manufacture of dissolvable packaging materials for the food industry. Founded in 2016, DisSolves creates innovative, edible packaging made from natural and plant-based ingredients, specifically designed for single servings of drink mixes such as protein powder and flavor enhancers. Their flagship product, a pod, replaces traditional non-recyclable packaging with a more convenient, environmentally friendly option. DisSolves is committed to sustainability, utilizing renewable and vegan materials such as seaweed and polysaccharides to ensure their packaging is both degradable and safe for consumption. The company aims to enhance consumer convenience while promoting health and environmental responsibility, addressing the growing demand for efficient and eco-friendly food packaging solutions.

Parcel Health

Pre Seed Round in 2023
Parcel Health develops sustainable medication packaging made from paper. Their products are brandable, compostable, and offer improved temperature control during shipping compared to traditional plastic bottles.

Parcel Health

Seed Round in 2022
Parcel Health develops sustainable medication packaging made from paper. Their products are brandable, compostable, and offer improved temperature control during shipping compared to traditional plastic bottles.

DisSolves

Seed Round in 2022
DisSolves Inc. is a Pittsburgh-based company specializing in the development and manufacture of dissolvable packaging materials for the food industry. Founded in 2016, DisSolves creates innovative, edible packaging made from natural and plant-based ingredients, specifically designed for single servings of drink mixes such as protein powder and flavor enhancers. Their flagship product, a pod, replaces traditional non-recyclable packaging with a more convenient, environmentally friendly option. DisSolves is committed to sustainability, utilizing renewable and vegan materials such as seaweed and polysaccharides to ensure their packaging is both degradable and safe for consumption. The company aims to enhance consumer convenience while promoting health and environmental responsibility, addressing the growing demand for efficient and eco-friendly food packaging solutions.

Parcel Health

Pre Seed Round in 2021
Parcel Health develops sustainable medication packaging made from paper. Their products are brandable, compostable, and offer improved temperature control during shipping compared to traditional plastic bottles.

DisSolves

Seed Round in 2019
DisSolves Inc. is a Pittsburgh-based company specializing in the development and manufacture of dissolvable packaging materials for the food industry. Founded in 2016, DisSolves creates innovative, edible packaging made from natural and plant-based ingredients, specifically designed for single servings of drink mixes such as protein powder and flavor enhancers. Their flagship product, a pod, replaces traditional non-recyclable packaging with a more convenient, environmentally friendly option. DisSolves is committed to sustainability, utilizing renewable and vegan materials such as seaweed and polysaccharides to ensure their packaging is both degradable and safe for consumption. The company aims to enhance consumer convenience while promoting health and environmental responsibility, addressing the growing demand for efficient and eco-friendly food packaging solutions.
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