Washington state Department of Commerce

Washington state Department of Commerce

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Investment Firm

Overview

Washington state Department of Commerce provides assistance to its users in a range of business-related topics.

The department provides individuals with a list of resources and assistance on exports, site selection, foreign direct investment, financing, growth, training, and starting a business. Furthermore, it provides them with a blog with success stories. It provides its services to firms in the aerospace, agriculture, clean technology, IT, life sciences, and military industries.

Washington state Department of Commerce is based in Washington.

Highlights

Founded

1889

Industry

E-Commerce

Employees

101-250

Investment

20

Lead Investment

19

Exits

1

Stages

Seed

Investor Type

Government Office

Location

Seattle, Washington, United States, North America

Contact Information

Social

Profile Resume

Washington state Department of Commerce, established in 1889 and headquartered in United States, North America., specializes in Seed investments across CleanTech, Water, Environmental Engineering, Water Purification, Industrial Engineering, Artificial Intelligence (AI), Energy Storage, Electric Vehicle, Battery, Charging Infrastructure. The organization boasts a portfolio of 20 investments, with an average round size of $844.5K and 1 successful exits. Their recent investments include Aquagga, Inc., Electric Era Technologies, Nisqually Indian Tribe, ZeroAvia, First Mode. The highest investment round they participated in was $176.5M. Among their most notable exits are Aquagga, Inc. and Electric Era Technologies. Explore their portfolio in detail, see who is connected to them, and find their contact information on our platform.

Employees

N/A

Investment portfolio

Washington state Department of Commerce has made 20 investments. Their most recent investment was on Mar 18, 2024, when Aquagga, Inc. raised $200.0K.

Washington state Department of Commerce has made 2 diversity investments. Their most recent diversity investment was on Feb 16, 2023, when First Mode raised $250.0K.

investments

20

Diversity investments

2

Lead investments

19

Number of exits

1

Investments

20

Annouced DateOrganization NameIndustryMoney Raised
Jun 19, 2023
ZeroAvia ZeroAvia
CleanTech350.0K
Sep 11, 2023
Nisqually Indian Tribe Nisqually Indian Tribe
Events431.0K
Feb 20, 2024
Electric Era Technologies Electric Era Technologies
Artificial Intelligence (AI)1.0M
Mar 18, 2024
Aquagga, Inc. Aquagga, Inc.
CleanTech200.0K

Exits

1

Funding Timeline

Funding rounds

20

Investors

0

Funds

0

Funding Rounds

20

Washington state Department of Commerce has raised 20 rounds. Their latest funding was raised on Mar 18, 2024 from a Grant - Aquagga, Inc. round.

Annouced DateTransaction NameNumber of InvestorsMoney RaisedLead Investor
Jun 19, 2023
Grant - ZeroAvia Grant - ZeroAvia
-350.0K-
Sep 11, 2023
Grant - Nisqually Indian Tribe Grant - Nisqually Indian Tribe
-431.0K-
Feb 20, 2024
Grant - Electric Era Technologies Grant - Electric Era Technologies
-1.0M-
Mar 18, 2024
Grant - Aquagga, Inc. Grant - Aquagga, Inc.
-200.0K-

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

News

Jul 19, 2024

GeekWire - Washington state Department of Commerce gives $52M to tribes for climate resiliency projects

News

Jul 18, 2024

GeekWire - Washington state Department of Commerce gives $52M to tribes for climate resiliency projects

Funding Round

Mar 18, 2024

Aquagga, Inc. raised $200000 on 2024-03-18 in Grant

News

Feb 29, 2024

GeekWire - Clean energy and power grid projects in Washington land federal and state funding

News

Feb 29, 2024

Washington State Department of Commerce (.gov) - Commerce invests $8.1 million to expand renewable energy use, strengthen Washington's electric grid - Washington ...

Funding Round

Feb 20, 2024

Electric Era Technologies raised $1000000 on 2024-02-20 in Grant