Massachusetts Clean Energy Center

Massachusetts Clean Energy Center

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Investment Firm

Overview

The Massachusetts Clean Energy Center (MassCEC) is dedicated to accelerating the success of clean energy development and implementation—while creating high-quality jobs and long-term economic growth in Massachusetts. MassCEC is the first state agency in the nation dedicated solely to facilitating the development of the clean energy industry. We are led by people who bring knowledge, experience and an entrepreneurial attitude to help clean energy companies take full advantage of all the state’s unique assets, to help accelerate the development of renewable energy generation projects, and to help develop a workforce that is ready to roll up its sleeves to ensure Massachusetts’ place as a national and global clean energy hub.

Highlights

Founded

2008

Industry

Energy

Employees

101-250

Investment

275

Lead Investment

212

Exits

30

Stages

Early Stage Venture, Seed

Investor Type

Government Office

Location

United States, North America

Contact Information

Social

Profile Resume

Massachusetts Clean Energy Center, established in 2008 and headquartered in United States, North America., specializes in Early Stage Venture, Seed investments across Information Services, Big Data, Analytics, Energy, Electronics, Heating, Ventilation, and Air Conditioning (HVAC), Energy Efficiency, Financial Services, Venture Capital, FinTech. The organization boasts a portfolio of 273 investments, with an average round size of $1.7M and 30 successful exits. Their recent investments include WindPole Ventures, 7AC Technologies, LaunchPad Venture, Powerhouse Dynamics, PJC. The highest investment round they participated in was $12.1B. Among their most notable exits are WindPole Ventures and 7AC Technologies. Explore their portfolio in detail, see who is connected to them, and find their contact information on our platform.

Employees

imagePlace Stephen Pike

Stephen Pike

Chief Executive Officer

imagePlace Jennifer Dalosio

Jennifer Dalosio

Interim Chief Executive Officer

Investment portfolio

Massachusetts Clean Energy Center has made 275 investments. Their most recent investment was on Aug 06, 2024, when Adept Materials raised $4.0M.

Massachusetts Clean Energy Center has made 56 diversity investments. Their most recent diversity investment was on Jul 29, 2024, when AeroShield raised $5.0M.

investments

275

Diversity investments

56

Lead investments

212

Number of exits

30

Investments

275

Annouced DateOrganization NameIndustryMoney Raised
Jan 10, 2024
Altus Thermal Altus Thermal
Energy5.6M
Apr 17, 2024
Found Energy Found Energy
Energy12.0M
Jul 29, 2024
AeroShield AeroShield
Consumer5.0M
Aug 06, 2024
Adept Materials Adept Materials
Smart Home4.0M

Exits

30

Funding Timeline

Funding rounds

275

Investors

0

Funds

0

Funding Rounds

275

Massachusetts Clean Energy Center has raised 275 rounds. Their latest funding was raised on Aug 06, 2024 from a Seed Round - Adept Materials round.

Annouced DateTransaction NameNumber of InvestorsMoney RaisedLead Investor
Jan 10, 2024
Seed Round - Cala Systems Seed Round - Cala Systems
-5.6M-
Apr 17, 2024
Seed Round - Found Energy Seed Round - Found Energy
-12.0M-
Jul 29, 2024
Seed Round - AeroShield Seed Round - AeroShield
-5.0M-
Aug 06, 2024
Seed Round - Adept Materials Seed Round - Adept Materials
-4.0M-

Investors

0

There is no funding round available on this profile

Fund raised

2

Susa Ventures has raised a total of $590M across 6 funds, their latest being Susa Ventures Opportunities II. This fund was announced on Aug 30, 2021 and raised a total of $250M.

Annouced DateFund NameMoney Raised
May 10, 2013
fund image OTPPLESS
1.0M
May 11, 2013
fund image OTPPLESS
1.0M

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Recent Activity

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