ED  Massachusetts Clean Energy Center

https://www.masscec.com/





     Office Locations:

294 Washington St., 11th Floor
Boston, MA 02108
617-315-9300
Phone: 617-315-9356

 

Stages:

  • Early
  • Growth


 

Industries:

  • Energy & Clean Tech

  •  

    Description:

    The Massachusetts Clean Energy Center (MassCEC) is a state economic development agency dedicated to accelerating the growth of the clean energy sector across the Commonwealth to spur job creation, deliver statewide environmental benefits and to secure long-term economic growth for the people of Massachusetts. MassCEC works to increase the adoption of clean energy while driving down costs and delivering financial, environmental, and economic development benefits to energy users and utility customers across the state. MassCEC funds more than 40 programs including incentives for clean energy technology installations, financing for early stage companies and technology development as well as investments in training programs to build a clean energy workforce. MassCEC, which is publicly-funded, drives innovation by serving as a clearinghouse and support center for the clean energy technology sector, providing assistance to enable companies to access capital and other vital growth resources.



    Investment Firm Key

       VC = Venture Capital
       PE = Private Equity
       A = Angel
       I = Incubator
       MB = Merchant Bank
       VD = Venture Debt
       FI = Family Investment Office
       FOF = Fund of Funds
       ED = Economic Development Office   
       TT = Technology Transfer Office
       CVC = Corporate Venture Capital
       SEC = Secondary Purchaser
       HF = Hedge Fund/Mutual Fund
       
       
       
    COMPANY STAGEREVENUE
    Venture Capital
    Seed Stage
    (includes "pre-seed," or
    concept stage)
    No Revenue
    Early StageMinimal
    Revenue
    Growth Stage
    (also called Mid-stage)
    $2M-$7M
    Expansion Stage
    (also called Late-stage)
    $7M and greater
    Private Equity
    Lower Middle Market$10M-$249M
    Middle Market$250M-$499M
    Upper Middle Market$500M-$1B
    Large Cap>$1B
       
       
     

    Investment Team:


    Name   Title
    Get the complete investment team + individual email addresses for investment team partners. Get personal images, LinkedIn links, investment specialties, office locations and more with a National Database subscription.
    Beverly Craig Program Director
    Bruce Carlisle Managing Director
    Dr. Emily Reichert CEO
    Elizabeth Cleveland Director of Special Projects
    Elizabeth Youngblood Senior Program Manager

     

    Recent Funding Events (trailing 12 months):


      Date


      Name


      State


      Amount


      Stage


      08/19/2024


      Cala Systems


      MA


      $5,600,000


      Seed


      08/06/2024


      Adept Materials


      MA


      $4,000,000


      Seed


     

    Portfolio companies include:


      Adept Materials
        web link


      Cala Systems
        web link


      CIMCON Lighting
        web link


      eCurv
        web link


      Essess
        web link


      OptiRTC
        web link


      Sistine Solar
        web link


      SLIPS Technologies
        web link


      Triton Anchor
        web link


      VODA.ai
        web link


     

    Recent News: