U.S. Department of Commerce

U.S. Department of Commerce

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Investment Firm

Overview

U.S. Department of Commerce promotes job creation, economic growth, sustainable development, and improved standards of living for all Americans by working in partnership with businesses, universities, communities, and its nation’s workers. It has taken responsibilities in the areas of trade, technology, entrepreneurship, economic development, environmental stewardship and statistical research, and analysis.

It works to strengthen the international economic position of the United States and facilitates global trade by opening up new markets for U.S. goods and services. It is known for promoting progressive business policies that support America’s businesses and entrepreneurships, and their communities grow and succeed.

U.S. Department of Commerce is only focused on making U.S. companies more innovative at home and more competitive abroad, so they can create jobs. It provides effective management and monitoring of its nation’s resources and assets to help both environmental and economic health. This department protects not only public safety and security but also oceans, coasts, and marine life while assisting country’s economic development through critical weather monitoring, weather forecasts, and resource preservation.

U.S. Department of Commerce also conducts important operations, including constitutionally directed decennial census, which serves as the basis of America’s representative democracy and the system by which businesses and innovators secure intellectual property rights. The Secretary of Commerce leads the department’s efforts, overseeing a 7.5 U.S. dollar billion budget and nearly 47,000 employees worldwide.

U.S. Department of Commerce was founded in 1903 and is headquartered in Washington, D.C.

Highlights

Founded

1903

Industry

Service Industry

Employees

10001+

Investment

44

Lead Investment

43

Exits

7

Stages

N/A

Investor Type

Government Office

Location

United States, North America

Contact Information

Social

Profile Resume

U.S. Department of Commerce, established in 1903 and headquartered in United States, North America., specializes in investments across Communities, Incubators, 3D Printing, Business Development, Government, Office Administration, Education, Universities, Higher Education, Semiconductor. The organization boasts a portfolio of 43 investments, with an average round size of $757.2M and 7 successful exits. Their recent investments include Brooklyn Fashion & Design Accelerator, Hawaii Technology Development Corporation (HTDC), Mayland Community College, Pennsylvania College of Technology, Williamsport, SK Hynix. The highest investment round they participated in was $361.2B. Among their most notable exits are Brooklyn Fashion & Design Accelerator and Hawaii Technology Development Corporation (HTDC). Explore their portfolio in detail, see who is connected to them, and find their contact information on our platform.

Employees

imagePlace Gina Raimondo

Gina Raimondo

40th United States Secretary of Commerce

imagePlace Dan Caprio

Dan Caprio

Vice Chair of Internet of Things Advisory Board

imagePlace Jon Boyens

Jon Boyens

Senior Advisor of Computer Security Division, NIST

imagePlace Don Frieson

Don Frieson

Member, Advisory Committee for Supply Chain Competitiveness

imagePlace Allan Friedman

Allan Friedman

Director of Cybersecurity

imagePlace Grant Harris

Grant Harris

Assistant Secretary of Commerce for Industry & Analysis

Investment portfolio

U.S. Department of Commerce has made 44 investments. Their most recent investment was on Aug 06, 2024, when SK Hynix raised $450.0M.

U.S. Department of Commerce has made 5 diversity investments. Their most recent diversity investment was on Jul 02, 2024, when Rogue Valley Microdevices raised $6.7M.

investments

44

Diversity investments

5

Lead investments

43

Number of exits

7

Investments

44

Annouced DateOrganization NameIndustryMoney Raised
Jun 26, 2024
Entegris Entegris
Semiconductor75.0M
Jul 02, 2024
Rogue Valley Microdevices Rogue Valley Microdevices
Semiconductor6.7M
Aug 06, 2024
SK Hynix SK Hynix
Semiconductor450.0M
Aug 06, 2024
SK Hynix SK Hynix
Semiconductornull

Exits

7

Funding Timeline

Funding rounds

44

Investors

0

Funds

0

Funding Rounds

44

U.S. Department of Commerce has raised 44 rounds. Their latest funding was raised on Aug 06, 2024 from a Post-IPO Debt - SK Hynix round.

Annouced DateTransaction NameNumber of InvestorsMoney RaisedLead Investor
Jun 26, 2024
Grant - Entegris Grant - Entegris
-75.0M-
Jul 02, 2024
Grant - Rogue Valley Microdevices Grant - Rogue Valley Microdevices
-6.7M-
Aug 06, 2024
Grant - SK Hynix Grant - SK Hynix
-450.0M-
Aug 06, 2024
Post-IPO Debt - SK Hynix Post-IPO Debt - SK Hynix
-0-

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

Invest in industries

Recent Activity

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