Launched in 1978 as the Commonwealth’s strategic venture capital team, MassVentures provides catalytic funding and support for seed-stage deep tech enabled by university and hospital research centers. We are a vital, comprehensive resource for entrepreneurs offering investment, non-dilutive grants, technical support and business guidance. MassVentures is a venture development firm at its core with an emphasis on academic spinouts. We seek to identify ideas at the very earliest prototype stage and help convert those ideas into thriving businesses and jobs to support the economic growth initiatives of the Commonwealth. By providing not only financial resources but also strategic direction, operational support, and access to a network of experts, MassVentures gives companies a greater chance of success. We establish long-term relationships with founders, aiding them on their journey from startup to growth company. “Diverse Teams Outperform®” is our investment thesis, and we are intentional about supporting founders with diverse backgrounds or from diverse geographies in the state. Visit our website to learn more about our programs and impact.
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The MassVentures annual revenue was $1.61 billion in 2026.
Charlie Hipwood is the CEO and Chief Investment Officer of MassVentures.
10 people are employed at MassVentures.
MassVentures is based in Waltham, Massachusetts.
The NAICS codes for MassVentures are [523920, 52, 5239, 523, 52392].
The SIC codes for MassVentures are [67, 679].