MassVentures

MassVentures is a venture capital firm based in Waltham, Massachusetts, established in 1978 as a quasi-public corporation by the Massachusetts Legislature. The firm focuses on providing seed and early-stage funding to high-growth startups, facilitating their transition from concept to commercialization. MassVentures invests primarily in sectors such as information technology, healthcare, cybersecurity, e-commerce, mobile, manufacturing, and robotics. With a governance structure that includes an independent Board of Directors and management by experienced venture capitalists, MassVentures leverages the state's entrepreneurial spirit and innovation centers to support the Massachusetts innovation economy. The firm also offers accelerator programs to further assist emerging companies in their growth journey.

Charles Hipwood

Founder, President and CEO

Vinit Nijhawan

Managing Director

Nicholas A. Pappas

Vice President

Stacy Swider

Vice President, Investments

Priya Yadav

Vice President of Investments

Past deals in Industrial Engineering

Western New England University

Grant in 2023
Western New England University, located in Springfield, Massachusetts, is a small institution known for its close-knit academic environment, where students can build meaningful relationships with faculty and peers. The university offers a range of undergraduate and graduate programs, with particular strengths in Pharmacy, Engineering, and Law. Its undergraduate offerings include disciplines from the Arts and Sciences, Business, and Engineering departments, along with a Pre-Pharmacy major that leads to its highly regarded graduate Pharmaceutical Sciences program. The campus life is vibrant, featuring a variety of cultural events and activities, such as music festivals and seasonal celebrations, fostering community engagement. Students can participate in performing arts groups, a school newspaper, and literary publications, in addition to enjoying organized campus gatherings and regional trips. Admission to undergraduate programs requires the submission of standardized applications, while graduate program applicants must meet specific departmental criteria. Scholarships and financial aid options are available, contributing to accessibility for prospective students.

Western New England University

Grant in 2022
Western New England University, located in Springfield, Massachusetts, is a small institution known for its close-knit academic environment, where students can build meaningful relationships with faculty and peers. The university offers a range of undergraduate and graduate programs, with particular strengths in Pharmacy, Engineering, and Law. Its undergraduate offerings include disciplines from the Arts and Sciences, Business, and Engineering departments, along with a Pre-Pharmacy major that leads to its highly regarded graduate Pharmaceutical Sciences program. The campus life is vibrant, featuring a variety of cultural events and activities, such as music festivals and seasonal celebrations, fostering community engagement. Students can participate in performing arts groups, a school newspaper, and literary publications, in addition to enjoying organized campus gatherings and regional trips. Admission to undergraduate programs requires the submission of standardized applications, while graduate program applicants must meet specific departmental criteria. Scholarships and financial aid options are available, contributing to accessibility for prospective students.

Boston Engineering

Grant in 2021
Boston Engineering delivers innovative and timely solutions by utilizing its Total System Responsibility™ (TSR) philosophy to meet demanding market needs. Through interdisciplinary teams, best practice strategies and seamless integration with client processes, Boston Engineering offers a complete solution that is both flexible and focused.

Boston Engineering

Grant in 2020
Boston Engineering delivers innovative and timely solutions by utilizing its Total System Responsibility™ (TSR) philosophy to meet demanding market needs. Through interdisciplinary teams, best practice strategies and seamless integration with client processes, Boston Engineering offers a complete solution that is both flexible and focused.

Alloy Enterprises

Grant in 2020
Alloy Enterprises is a Somerville, Massachusetts-based developer of 3D printing technologies and industrial-engineered products aimed at reducing inefficiencies in conventional manufacturing. The company has developed an aluminum additive technology that enables dense, low-cost parts without relying on expensive or hazardous powders, addressing limitations in traditional methods and supporting advances in lightweight components and emissions reduction.

Boston Engineering

Grant in 2015
Boston Engineering delivers innovative and timely solutions by utilizing its Total System Responsibility™ (TSR) philosophy to meet demanding market needs. Through interdisciplinary teams, best practice strategies and seamless integration with client processes, Boston Engineering offers a complete solution that is both flexible and focused.

ThreeCore

Series A in 2001
ThreeCore, Inc. is a consulting and supply chain services provider based in Beverly, Massachusetts, specializing in solutions for technology-driven industries such as semiconductor, electronics, telecommunications, and aerospace. Founded in 1999 as Assistantbuyer, Inc. and rebranded in 2001, the company offers a range of services including strategic outsourcing, operational consulting, and integrated supply chain management. ThreeCore's consultants leverage their extensive industry experience to assist organizations in navigating competitive markets and implementing effective change strategies. They focus on developing leaner enterprises by collaborating with clients to identify unique challenges and design tailored solutions. By utilizing root cause analysis and hands-on expertise, ThreeCore's team helps clients optimize their supply chains, enhance product design, and drive operational efficiency. Their commitment to building long-term relationships has enabled them to provide immediate and effective support, addressing the evolving needs of their clients in a fast-paced business environment.
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