Investment Details
Investor Type
Venture Capital
Asset Class Focus
Venture Capital
Stage Focus
Seed, Early Stage, Series A, Series B, Growth, Late Stage, Pre-IPO, Buyout, Turnaround, Distressed
Geographical Focus
United States
Industries Focus
- Financial Services
- Technology
- Healthcare
- Energy
- Consumer Goods
- Real Estate
- FinTech
- Pharmaceuticals
- Information Technology
- Biotechnology
- Oncology
- Climate Tech
- Genomics
- Personalized Medicine
- Advanced Materials
Investment Size:
25,000 to 5,000,000 USD
Investor Details Founded: 1989
Connecticut Innovations, Inc. (CI) serves as Connecticut's strategic venture capital arm, offering financing and ongoing support to innovative, growing companies. By providing equity and debt investments, strategic guidance, and introductions to valuable partners, CI helps promising businesses thrive. The organization has invested over $675 million in innovative startups since 1995, attracting an additional $6.7 billion in outside capital into its portfolio companies. CI's portfolio includes nearly 250 companies across various sectors, including biotech, IT, climate tech, and consumer packaged goods. The organization offers flexible financing options through programs like the ClimateTech Fund, Future Fund, and Connecticut Bioscience Innovation Fund, supporting companies at every stage of business development. In the fiscal year ending June 30, 2024, CI invested $48.7 million in 81 companies and venture funds, generating $35 million in cash proceeds through company exits, which include acquisitions and IPOs. This success enables CI to reinvest in more early-stage companies in the future. CI's culture is vibrant, diverse, collaborative, and inclusive, hosting or participating in over 20 ecosystem events per year. Its headquarters at The District in New Haven serves as a catalyst for partnership and an innovation ecosystem community hub. The organization is committed to fostering entrepreneurship and economic growth in Connecticut by investing in cutting-edge technologies and promising ventures, playing a crucial role in driving the state's economy and fostering a vibrant entrepreneurial ecosystem.
Connecticut Innovations, Inc. (CI) serves as Connecticut's strategic venture capital arm, offering financing and ongoing support to innovative, growing companies. By providing equity and debt investments, strategic guidance, and introductions to valuable partners, CI helps promising businesses thrive. The organization has invested over $675 million in innovative startups since 1995, attracting an additional $6.7 billion in outside capital into its portfolio companies. CI's portfolio includes nearly 250 companies across various sectors, including biotech, IT, climate tech, and consumer packaged goods. The organization offers flexible financing options through programs like the ClimateTech Fund, Future Fund, and Connecticut Bioscience Innovation Fund, supporting companies at every stage of business development. In the fiscal year ending June 30, 2024, CI invested $48.7 million in 81 companies and venture funds, generating $35 million in cash proceeds through company exits, which include acquisitions and IPOs. This success enables CI to reinvest in more early-stage companies in the future. CI's culture is vibrant, diverse, collaborative, and inclusive, hosting or participating in over 20 ecosystem events per year. Its headquarters at The District in New Haven serves as a catalyst for partnership and an innovation ecosystem community hub. The organization is committed to fostering entrepreneurship and economic growth in Connecticut by investing in cutting-edge technologies and promising ventures, playing a crucial role in driving the state's economy and fostering a vibrant entrepreneurial ecosystem.
Requirements
- Companies must have their principal place of business in Connecticut.
- Businesses should be in sectors such as bioscience, advanced materials, clean tech, or information technology.
- Companies should be in early-stage or growth stages of development.
Contact
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Portfolio Companies
- Payveris
- Logicbroker
- Biohaven
- Cadenza Innovation
- Gerber Scientific
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