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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
1903
Service Industry
10001+
44
43
7
N/A
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
Investment portfolio
44
5
43
7
Investments
44
Annouced Date | Organization Name | Industry | Money Raised |
---|---|---|---|
Jun 26, 2024 | Entegris | Semiconductor | 75.0M |
Jul 02, 2024 | Rogue Valley Microdevices | Semiconductor | 6.7M |
Aug 06, 2024 | SK Hynix | Semiconductor | 450.0M |
Aug 06, 2024 | SK Hynix | Semiconductor | null |
Exits
7
Funding Timeline
44
0
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 Date | Transaction Name | Number of Investors | Money Raised | Lead Investor |
---|---|---|---|---|
Jun 26, 2024 | Grant - Entegris | - | 75.0M | - |
Jul 02, 2024 | Grant - Rogue Valley Microdevices | - | 6.7M | - |
Aug 06, 2024 | Grant - SK Hynix | - | 450.0M | - |
Aug 06, 2024 | 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 Date | Fund Name | Money Raised |
---|---|---|
May 10, 2013 | OTPPLESS | 1.0M |
May 11, 2013 | OTPPLESS | 1.0M |
Invest in industries
Recent Activity
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