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

Kevin Dowling Ph.D

Managing Director of Robotics Factory and Hardware

Peter Erin

Senior Investment Associate

Aaron Tainter

Director of Accelerator Programs

Steven Welles

Managing Director of Software

Past deals in Packaging Services

Parcel Health

Seed Round in 2024
Parcel Health is dedicated to revolutionizing medication packaging with its innovative, sustainable solutions. The company has created the world's first paper-based prescription bottle, which is fully brandable and compostable. This eco-friendly packaging not only addresses environmental concerns but also enhances temperature control and logistical safety during the shipping of medications, thereby minimizing in-transit damage and improving customer satisfaction. Designed to be both child-resistant and elderly-friendly, Parcel Health's products aim to streamline pharmacy workflows and reduce medication errors. By offering these sustainable alternatives, the company supports pharmacies and pharmaceutical companies in achieving their carbon neutrality goals while providing a reliable and efficient packaging solution.

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 is dedicated to revolutionizing medication packaging with its innovative, sustainable solutions. The company has created the world's first paper-based prescription bottle, which is fully brandable and compostable. This eco-friendly packaging not only addresses environmental concerns but also enhances temperature control and logistical safety during the shipping of medications, thereby minimizing in-transit damage and improving customer satisfaction. Designed to be both child-resistant and elderly-friendly, Parcel Health's products aim to streamline pharmacy workflows and reduce medication errors. By offering these sustainable alternatives, the company supports pharmacies and pharmaceutical companies in achieving their carbon neutrality goals while providing a reliable and efficient packaging solution.

Parcel Health

Seed Round in 2022
Parcel Health is dedicated to revolutionizing medication packaging with its innovative, sustainable solutions. The company has created the world's first paper-based prescription bottle, which is fully brandable and compostable. This eco-friendly packaging not only addresses environmental concerns but also enhances temperature control and logistical safety during the shipping of medications, thereby minimizing in-transit damage and improving customer satisfaction. Designed to be both child-resistant and elderly-friendly, Parcel Health's products aim to streamline pharmacy workflows and reduce medication errors. By offering these sustainable alternatives, the company supports pharmacies and pharmaceutical companies in achieving their carbon neutrality goals while providing a reliable and efficient packaging solution.

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 is dedicated to revolutionizing medication packaging with its innovative, sustainable solutions. The company has created the world's first paper-based prescription bottle, which is fully brandable and compostable. This eco-friendly packaging not only addresses environmental concerns but also enhances temperature control and logistical safety during the shipping of medications, thereby minimizing in-transit damage and improving customer satisfaction. Designed to be both child-resistant and elderly-friendly, Parcel Health's products aim to streamline pharmacy workflows and reduce medication errors. By offering these sustainable alternatives, the company supports pharmacies and pharmaceutical companies in achieving their carbon neutrality goals while providing a reliable and efficient packaging solution.

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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