MassVentures Announces $4.5 Million in Grant Funding for 26 Deep Tech Startups - MassVentures
Summary
MassVentures and the Massachusetts Executive Office of Economic Development announced $4.5 million in START grant funding for 26 deep tech startups. The program helps SBIR and STTR awardees turn federally funded research into scalable businesses in Massachusetts. The grants support companies working in biotech, AI, cleantech, quantum, and other advanced technology areas, with funds used for business development, marketing, and IP strategy. The article also highlights several recipients building software-enabled or highly technical products across health, mobility, climate, and aerospace.
Funding
Amount
$500.0K
Total raised
Date
May 16, 2025
Announcement date
Investors
MassVentures
Lead investors
Company
https://www.gelformed.com/
Funded company
Classifications
industries
Government, Public sector
applications
Data Management
AskAI Classifications
Labels
Aerospace Software
Autonomous Systems Software
Defense Technology Software
