US Department of Energy

The U.S. Department of Energy is a government agency established in 1977, located in Washington, D.C. Its primary mission is to ensure the security and prosperity of the nation by tackling energy, environmental, and nuclear challenges. The Department focuses on promoting transformative scientific and technological solutions to address these issues, thereby supporting the country's energy needs and environmental sustainability.

Maria Robinson

Director of DOE's Grid Deployment Office

Past deals in Internet of Things

AetherWorks

Grant in 2024
AetherWorks is a venture capital firm established in 2010 and located in New York, New York. The firm specializes in founding and funding early-stage technology start-ups, focusing on high-efficiency distributed software systems. AetherWorks invests in various innovative sectors, including machine learning, augmented reality, drones, blockchain, and the Internet of Things. With a commitment to advancing high-tech solutions, AetherWorks aims to support the growth of promising technology companies that align with its areas of expertise.

Harvest Thermal

Grant in 2024
Harvest Thermal develops a control system for home use that integrates heating, hot water, and cooling with thermal storage. Its Harvest Thermal Pod is a cloud-connected IoT device that is machine learning enabled. It aims to provide affordable and low-carbon heating, hot water, and cooling systems that reduce the impact on the planet while providing comfort and safer homes.

Nanohmics

Grant in 2024
Nanohmics Inc., founded in 2002 and based in Austin, Texas, specializes in providing custom solutions in various advanced technological fields, including computational imaging, electro-optics, vacuum deposition, micro- and nanofabrication, and embedded systems instrumentation. The company focuses on integrating innovative power and thermal control subsystems with its devices, enabling enhanced performance across multiple applications such as surveillance, detection, and energy conversion. Nanohmics develops technologies that facilitate actionable information collection and analysis, promoting system automation and improving efficiency through smart sensing and automation.

Ndustrial

Grant in 2024
Ndustrial specializes in providing analytical engines and an industrial optimization platform tailored for mid-tier manufacturers and energy companies. Their solutions focus on enhancing production control, improving energy efficiency, and minimizing waste, which enables organizations to optimize operations and reduce costs. The company employs a proprietary industrial operating system that integrates legacy data and facilitates the deployment of new Industrial IoT assets. Additionally, Ndustrial offers real-time cloud-based applications designed for factories and industrial facilities, utilizing predictive control algorithms to support efficient resource management across various sectors.

Blip Energy

Grant in 2024
Blip Energy is focused on developing innovative battery energy storage systems to address rising peak demand and enhance the smart grid infrastructure. The company offers a smart, plug-and-play battery system that leverages artificial intelligence to help households reduce electric bills while providing essential backup power. By creating a distributed network of Internet of Things (IoT) batteries, Blip Energy aims to empower grid operators with the necessary tools and data to stabilize the grid and optimize energy costs for users. Their solutions facilitate energy management without the complexities of permitting and installation, aligning with current needs for resilience and cost savings. Blip Energy's approach supports the transition to a more sustainable, efficient, and reliable power grid for all.

Iris Light Technologies

Grant in 2023
Iris Light Technologies is an electronics company that focuses on advancing the cloud through innovative on-chip laser technology. It specializes in artificial intelligence, 5G communications, and the Internet of Things (IoT). The company has developed a proprietary and scalable method to deposit multiple lasers onto a single chip, enhancing the bandwidth and energy efficiency of light chips. This technology supports applications in optical communications, optical sensors, and various emerging areas, including IoT sensors, positioning Iris Light Technologies as a key player in the rapidly growing silicon photonics market.

Equiwatt

Grant in 2023
Equiwatt Limited, founded in 2015 and based in Gateshead, United Kingdom, operates a digital platform that allows households to earn payments for reducing energy consumption during peak times. The company's innovative technology enables consumers to participate in demand response programs, encouraging them to turn off energy-intensive appliances when electricity prices are high. By managing the power usage of numerous household devices, Equiwatt is creating a crowd-owned virtual power plant that can effectively respond to grid inefficiencies while promoting clean energy use. Through this approach, Equiwatt empowers energy consumers to trade their demand flexibility in energy markets, contributing to a more sustainable and efficient energy system.

mHUB

Non Equity Assistance in 2020
mHUB is an independent innovation center located in Chicago, Illinois, that specializes in hardtech and manufacturing. Incorporated in 2013, mHUB focuses on the development and manufacturing of physical products, including robotics, connected devices, sensors, energy technologies, medical devices, smart buildings, and unmanned vehicles. It serves as a collaborative space for startups and small businesses, fostering a community of over 428 active members, including product designers, engineers, and entrepreneurs. Since its launch in 2017, mHUB has facilitated the creation of more than 1,256 products, generated over $1.1 billion in revenue, and supported the hiring of more than 4,153 employees. The center provides essential resources such as funding, co-working space, and industry expertise, enabling innovators to transform their ideas into sustainable businesses and advance the manufacturing sector.

Machfu

Grant in 2019
Machfu Inc. is a company that specializes in applications and infrastructure for the industrial Internet of Things (IoT), facilitating data, analytics, and visualization for industrial enterprises. Based in Rockville, Maryland, Machfu has developed a smartphone for machines that enhances communication between industrial assets and integrates them with both legacy systems and cloud-based platforms. The company's Mach-IT solution enables seamless communication among various pieces of equipment and information processing systems. Founded in 2015, Machfu aims to simplify the management of industrial IoT environments, providing real-time visibility into operations and equipping operators with the data needed to make informed decisions. This focus on ease of use allows companies to effectively manage their IIoT ecosystems, encompassing hardware, networking, and security.

mHUB

Non Equity Assistance in 2018
mHUB is an independent innovation center located in Chicago, Illinois, that specializes in hardtech and manufacturing. Incorporated in 2013, mHUB focuses on the development and manufacturing of physical products, including robotics, connected devices, sensors, energy technologies, medical devices, smart buildings, and unmanned vehicles. It serves as a collaborative space for startups and small businesses, fostering a community of over 428 active members, including product designers, engineers, and entrepreneurs. Since its launch in 2017, mHUB has facilitated the creation of more than 1,256 products, generated over $1.1 billion in revenue, and supported the hiring of more than 4,153 employees. The center provides essential resources such as funding, co-working space, and industry expertise, enabling innovators to transform their ideas into sustainable businesses and advance the manufacturing sector.

Avathon

Grant in 2017
Avathon is an innovative artificial intelligence technology startup specializing in AI solutions for industrial applications. The company is recognized for its cutting-edge technology, particularly in developing AI-powered cyber-physical software aimed at enhancing the safety, security, and reliability of IT, operational technology (OT), and the Internet of Things (IoT). Avathon's technology harnesses real-time sensor data to continuously learn and improve, which facilitates more effective risk mitigation and disaster prevention strategies. Its flagship product, DeepArmor, employs advanced machine learning and artificial intelligence to accurately detect and prevent malware threats. By leveraging its award-winning technology and expert teams, Avathon assists clients in analyzing complex data, enhancing decision-making processes, and boosting productivity across various sectors, including defense and finance.

Solstice Energy Solutions

Venture Round in 2017
Solstice Energy Solutions uses IoT and software to enable, connect, and intelligently manage the shared-economy of distributed energy resources in emerging markets. The company was founded in 2016 and is headquartered in San Francisco, California.
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