MassVentures

Electrified Thermal Solutions, founded in 2021 and based in Medford, Massachusetts, develops innovative energy storage technology. The company converts intermittent renewable electricity into constant heat using low-cost conductive ceramic blocks, enabling industrial sectors to replace fossil fuels with zero-carbon heat.

Electrified Thermal Solutions, founded in 2021 and based in Medford, Massachusetts, develops innovative energy storage technology. The company converts intermittent renewable electricity into constant heat using low-cost conductive ceramic blocks, enabling industrial sectors to replace fossil fuels with zero-carbon heat.

Emvolon is a technology company focused on creating a platform for distributed chemical production that utilizes wasted resources. The company's innovative approach involves converting wasted natural gas from flare sites into usable chemicals, which can serve a variety of industrial applications or be transformed into carbon-negative fuels. Emvolon reimagines traditional diesel engines as miniature chemical reactors, allowing for efficient and effective production without the need for large refineries or chemical plants. This process facilitates the establishment of economically viable small-scale production facilities by leveraging the advantages of mass production alongside economies of scale, ultimately providing communities with the essential raw materials they require.

BitEnergy AI is a technology company specializing in the development of advanced AI inference technology. This innovation consumes just one-tenth the energy of existing solutions, making it a more sustainable and cost-effective option for artificial intelligence applications. The company's offerings include novel neural network architectures, neuro-symbolic large models, and first-principle grounded tools. These enable clients to integrate their models with knowledge graphs and reasoning engines, leading to precise data retrieval, transparent decision-making, reduced AI costs, and streamlined processes.

River Otter Renewables is a recycling comany that produced biocrude oil from plant and waste as well as sewage and plastic waste.

Emvolon is a technology company focused on creating a platform for distributed chemical production that utilizes wasted resources. The company's innovative approach involves converting wasted natural gas from flare sites into usable chemicals, which can serve a variety of industrial applications or be transformed into carbon-negative fuels. Emvolon reimagines traditional diesel engines as miniature chemical reactors, allowing for efficient and effective production without the need for large refineries or chemical plants. This process facilitates the establishment of economically viable small-scale production facilities by leveraging the advantages of mass production alongside economies of scale, ultimately providing communities with the essential raw materials they require.

Fourier is a thermal management solutions ranging from high power density electronics to renewable energy to space applications.

Electrified Thermal Solutions, founded in 2021 and based in Medford, Massachusetts, develops innovative energy storage technology. The company converts intermittent renewable electricity into constant heat using low-cost conductive ceramic blocks, enabling industrial sectors to replace fossil fuels with zero-carbon heat.

Talking Heads Wireless is a telecommunication company that helps in energy savings for cellular networks.

Stepwise specializes in home electrification services. They offer smart devices that monitor energy consumption, manage electric loads like EV chargers, facilitate heat pump installations, and ensure compliance with safety standards and utility programs.

Founded in 2018 by Drs. Veronika Stelmakh and Walker Chan, Mesodyne is a pioneering engineering and manufacturing company specializing in innovative electricity generation methods. Their patented LightCell technology converts any fuel to electricity via light, providing rugged, long-lasting, portable power for military and commercial users.

Volta Energy developing technology to decarbonize energy generation.

GenH is a Boston-based company founded in 2017 that specializes in advanced hydroelectric technologies for urban environments. The company focuses on developing modular hydropower systems that enhance and optimize energy generation at non-powered dams and canal heads. By providing resilient and deployable hydropower solutions, GenH enables clients to electrify these sites without the need for significant construction or investment in fixed infrastructure. This innovative approach aims to help clients achieve economic parity with traditional fossil fuel systems, thereby promoting sustainable energy generation while minimizing reliance on subsidies.

PowerHouse is a company dedicated to combating climate change by providing innovative solar energy solutions. It specializes in developing a solar energy system that overcomes the limitations of traditional deployment methods, offering versatile and aesthetically pleasing options for residential, commercial, and off-grid applications. The company's platform aims to expand the reach of renewable energy, making it more accessible and desirable for clients.

Founded in 2018 by Drs. Veronika Stelmakh and Walker Chan, Mesodyne is a pioneering engineering and manufacturing company specializing in innovative electricity generation methods. Their patented LightCell technology converts any fuel to electricity via light, providing rugged, long-lasting, portable power for military and commercial users.

Transaera is a company focused on developing advanced air conditioning solutions that prioritize energy efficiency and environmental sustainability. By utilizing a novel desiccant material, Transaera's cooling systems effectively remove moisture from the air prior to the cooling process, significantly reducing energy consumption and greenhouse gas emissions. These innovative systems are designed for both residential and commercial applications, providing affordable and environmentally friendly cooling options that enhance indoor comfort while minimizing the impact on global climate and local grid infrastructure. Through its technology, Transaera aims to improve productivity and comfort in indoor environments while contributing to a more sustainable future.

Altus Thermal, founded in 2019 and based in Boston, Massachusetts, focuses on transforming thermal energy solutions for residential settings. The company aims to enhance efficiency, comfort, and user experience while providing benefits to the electrical grid. Altus Thermal develops energy technology designed to electrify residential heating, cooling, and hot water systems. By maximizing performance and facilitating better integration with renewable energy sources and other distributed energy resources, the company enables homeowners to electrify their living spaces in an efficient and cost-effective manner.

Ithaca Clean Energy is a company that develops a renewable energy platform designed to enhance the efficiency of energy generation. Utilizing artificial intelligence-driven data analytics, Ithaca aims to improve connectivity and interactivity among stakeholders in the energy sector, including investors, developers, and operators. By providing tools that facilitate better-informed decision-making, Ithaca Clean Energy supports its clients in optimizing their operations and investments in the renewable energy landscape.

Physical Sciences Inc., founded in 1973 and headquartered in Andover, Massachusetts, provides contract research and development services across a wide range of technical areas for both government and commercial clients. The company specializes in advanced imaging and sensing technologies, offering products such as adaptive infrared imaging spectroradiometers, compact adaptive optics retinal imagers, and miniature diode laser-based ambient gas sensors. Additionally, Physical Sciences develops and supplies various analytical technology sensors, mass flux monitors, and laser-based detection systems. The company's engineering services include system engineering, instrument testing and calibration, and the development of electrochemical engineering solutions. It serves diverse markets, including aerospace, energy, biomedical, defense, and telecommunications, through direct sales, strategic partnerships, and licensing agreements both domestically and internationally. With satellite offices in California, Maryland, Ohio, and Massachusetts, as well as a subsidiary in New Jersey, Physical Sciences leverages its extensive expertise to address complex challenges in multiple industries.

MSW Power Corporation specializes in manufacturing innovative waste management solutions. Founded in 2012 and headquartered in Acton, Massachusetts, the company offers a range of products designed to convert various types of waste, including paper, wood, plastic, agricultural waste, and food, into usable energy in the form of electricity and heat. Key products include the BWEC GEM, an integrated system for waste conversion, and HydroPactor, which reduces the weight of waste by removing moisture. Additionally, MSW Power features a solid waste destruction system that employs mechanical and thermal processes to eliminate moisture from solid waste. The company is committed to providing environmentally beneficial and economically viable solutions that address energy and environmental challenges.

Physical Sciences Inc., founded in 1973 and headquartered in Andover, Massachusetts, provides contract research and development services across a wide range of technical areas for both government and commercial clients. The company specializes in advanced imaging and sensing technologies, offering products such as adaptive infrared imaging spectroradiometers, compact adaptive optics retinal imagers, and miniature diode laser-based ambient gas sensors. Additionally, Physical Sciences develops and supplies various analytical technology sensors, mass flux monitors, and laser-based detection systems. The company's engineering services include system engineering, instrument testing and calibration, and the development of electrochemical engineering solutions. It serves diverse markets, including aerospace, energy, biomedical, defense, and telecommunications, through direct sales, strategic partnerships, and licensing agreements both domestically and internationally. With satellite offices in California, Maryland, Ohio, and Massachusetts, as well as a subsidiary in New Jersey, Physical Sciences leverages its extensive expertise to address complex challenges in multiple industries.

Transaera is a company focused on developing advanced air conditioning solutions that prioritize energy efficiency and environmental sustainability. By utilizing a novel desiccant material, Transaera's cooling systems effectively remove moisture from the air prior to the cooling process, significantly reducing energy consumption and greenhouse gas emissions. These innovative systems are designed for both residential and commercial applications, providing affordable and environmentally friendly cooling options that enhance indoor comfort while minimizing the impact on global climate and local grid infrastructure. Through its technology, Transaera aims to improve productivity and comfort in indoor environments while contributing to a more sustainable future.

Dynamo Micropower Corporation is a technology company focused on developing innovative fuel-flexible gas turbines tailored for small distributed generation in the oil and gas industry. Founded in 2011 and headquartered in Somerville, Massachusetts, the company offers advanced power solutions, including its PowerCore system, which provides reliable, grid-quality power while operating on local unrefined gas. This capability allows customers to significantly reduce energy costs, with savings of up to 80%, and enhances equipment performance by up to 25%. Dynamo also provides custom solutions and a flameless turboheater known as Infernocore, addressing the specific needs of oilfield applications. The company distributes its products through a network of distributors and offers support services via service partners, having established a solid customer base that includes notable clients such as Kinder Morgan and Caterpillar.

Medley Thermal develops software that optimally manages switching between energy sources in industrial boiler systems. Its solution adds an electric boiler alongside existing ones, using dispatching software to seamlessly manage fuel switching, enabling industries to reduce power costs and emissions.

Physical Sciences Inc., founded in 1973 and headquartered in Andover, Massachusetts, provides contract research and development services across a wide range of technical areas for both government and commercial clients. The company specializes in advanced imaging and sensing technologies, offering products such as adaptive infrared imaging spectroradiometers, compact adaptive optics retinal imagers, and miniature diode laser-based ambient gas sensors. Additionally, Physical Sciences develops and supplies various analytical technology sensors, mass flux monitors, and laser-based detection systems. The company's engineering services include system engineering, instrument testing and calibration, and the development of electrochemical engineering solutions. It serves diverse markets, including aerospace, energy, biomedical, defense, and telecommunications, through direct sales, strategic partnerships, and licensing agreements both domestically and internationally. With satellite offices in California, Maryland, Ohio, and Massachusetts, as well as a subsidiary in New Jersey, Physical Sciences leverages its extensive expertise to address complex challenges in multiple industries.

MTPV Power Corporation, established in 2003 and based in Austin, Texas, specializes in innovative clean energy solutions. The company focuses on developing Micron-gap ThermalPhotoVoltaics (MTPV) technology, originally researched at MIT and Draper Laboratory before being brought under MTPV Power's umbrella. Their core product is semiconductor chips designed to convert waste heat from various sources into usable electricity, benefiting industrial businesses by enhancing productivity while reducing energy costs.

MTPV Power Corporation, established in 2003 and based in Austin, Texas, specializes in innovative clean energy solutions. The company focuses on developing Micron-gap ThermalPhotoVoltaics (MTPV) technology, originally researched at MIT and Draper Laboratory before being brought under MTPV Power's umbrella. Their core product is semiconductor chips designed to convert waste heat from various sources into usable electricity, benefiting industrial businesses by enhancing productivity while reducing energy costs.

Dynamo Micropower Corporation is a technology company focused on developing innovative fuel-flexible gas turbines tailored for small distributed generation in the oil and gas industry. Founded in 2011 and headquartered in Somerville, Massachusetts, the company offers advanced power solutions, including its PowerCore system, which provides reliable, grid-quality power while operating on local unrefined gas. This capability allows customers to significantly reduce energy costs, with savings of up to 80%, and enhances equipment performance by up to 25%. Dynamo also provides custom solutions and a flameless turboheater known as Infernocore, addressing the specific needs of oilfield applications. The company distributes its products through a network of distributors and offers support services via service partners, having established a solid customer base that includes notable clients such as Kinder Morgan and Caterpillar.

Energid Technologies Corporation, founded in 2001 and based in Bedford, Massachusetts, specializes in developing advanced software solutions for robotics. The company is known for its Actin software development kit, which provides real-time and adaptive motion control capabilities. Energid's software addresses complex kinematics and dynamics challenges across various applications, including industrial automation, medical devices, aerospace, agriculture, and defense. By offering products and support tailored to the needs of diverse sectors, Energid Technologies aims to facilitate the deployment of autonomous and collaborative robotic systems, enhancing operational efficiency and precision in demanding environments. As of February 2018, Energid operates as a subsidiary of Teradyne, Inc.

Physical Sciences Inc., founded in 1973 and headquartered in Andover, Massachusetts, provides contract research and development services across a wide range of technical areas for both government and commercial clients. The company specializes in advanced imaging and sensing technologies, offering products such as adaptive infrared imaging spectroradiometers, compact adaptive optics retinal imagers, and miniature diode laser-based ambient gas sensors. Additionally, Physical Sciences develops and supplies various analytical technology sensors, mass flux monitors, and laser-based detection systems. The company's engineering services include system engineering, instrument testing and calibration, and the development of electrochemical engineering solutions. It serves diverse markets, including aerospace, energy, biomedical, defense, and telecommunications, through direct sales, strategic partnerships, and licensing agreements both domestically and internationally. With satellite offices in California, Maryland, Ohio, and Massachusetts, as well as a subsidiary in New Jersey, Physical Sciences leverages its extensive expertise to address complex challenges in multiple industries.

EverVest is a provider of financial risk analysis and cash flow modeling software tailored for renewable energy investors. The company offers a web-based platform that assists banks, investors, and developers in evaluating and structuring financing for new renewable energy assets. Additionally, EverVest's software includes enterprise risk management features, enabling portfolio managers to effectively assess risks and facilitate sustainable growth within the renewable energy sector.

Energid Technologies Corporation, founded in 2001 and based in Bedford, Massachusetts, specializes in developing advanced software solutions for robotics. The company is known for its Actin software development kit, which provides real-time and adaptive motion control capabilities. Energid's software addresses complex kinematics and dynamics challenges across various applications, including industrial automation, medical devices, aerospace, agriculture, and defense. By offering products and support tailored to the needs of diverse sectors, Energid Technologies aims to facilitate the deployment of autonomous and collaborative robotic systems, enhancing operational efficiency and precision in demanding environments. As of February 2018, Energid operates as a subsidiary of Teradyne, Inc.

Vecarius is an energy efficiency in mass markets with broad societal impact, particularly in markets involving energy-intensive mobile or portable applications. They offer power management systems, thermal management systems, power electronics, advanced heat exchangers, and waste heat recovery.

SolaBlock is an innovative company that specializes in solar-clad masonry and tile wall systems, which integrate renewable energy production into the entire building envelope. By utilizing a combination of conventional concrete blocks and tiles embedded with permanent solar photovoltaic elements, SolaBlock offers a unique solution for both urban and remote locations. Its technology not only enhances energy efficiency but also provides durable features such as weather resistance, theft-proof designs, and vandal resistance. This enables building owners to take advantage of affordable building-integrated photovoltaic panels, thereby economically benefiting from renewable energy while contributing to sustainable construction practices.

Syntha is a developer of decision support software for optimizing electric power plant operations.

Ze-gen is a renewable energy company that utilizes proprietary gasification technology with ordinary waste streams to generate clean, sustainable, low-cost synthesis gas for multiple applications. Founded in 2004, Ze-gen has used innovative science, processes, a team, and industrial support in order to organize a group that believes that there is a possibility to efficiently repurpose the carbon content found in everyday waste and use it in various forms of renewable energy.

Ze-gen is a renewable energy company that utilizes proprietary gasification technology with ordinary waste streams to generate clean, sustainable, low-cost synthesis gas for multiple applications. Founded in 2004, Ze-gen has used innovative science, processes, a team, and industrial support in order to organize a group that believes that there is a possibility to efficiently repurpose the carbon content found in everyday waste and use it in various forms of renewable energy.

Ze-gen is a renewable energy company that utilizes proprietary gasification technology with ordinary waste streams to generate clean, sustainable, low-cost synthesis gas for multiple applications. Founded in 2004, Ze-gen has used innovative science, processes, a team, and industrial support in order to organize a group that believes that there is a possibility to efficiently repurpose the carbon content found in everyday waste and use it in various forms of renewable energy.

Aspen Technology, Inc. is a global leader in asset optimization solutions, headquartered in Bedford, Massachusetts. Founded in 1981, the company operates across various regions, including North America, Europe, Asia Pacific, Latin America, and the Middle East. AspenTech specializes in software that enhances the design, operation, and maintenance of assets in capital-intensive industries such as energy, chemicals, pharmaceuticals, and transportation. Its product offerings include integrated software suites like aspenONE Engineering, aspenONE Manufacturing and Supply Chain, and aspenONE Asset Performance, which facilitate the optimization of manufacturing environments, operational performance monitoring, and asset reliability forecasting. The company also provides software maintenance, professional services, and training. Aspen Technology aims to help its clients improve profitability, safety, and sustainability by enabling them to run their operations more efficiently and effectively.