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NYSERDA — Portfolio

Investor actively backing innovative startups and growth-stage companies across various industries and funding rounds.

54
Companies
$272.2M
Total invested
$5.6M
Avg. check
48
Industries
Renewable Energy 8Energy 8Battery 6Manufacturing 6Energy Efficiency 6CleanTech 5+42 more
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Portfolio companies

Showing 124 of 54
Eonix
September 2021

Eonix reduces the time and cost to design materials for lithium ion batteries that solve application specific pain points.

Advanced Materials · Knoxville$48K Grant
Nohms Technologies
July 2021

Nohms Technologies specializes in battery solution, providing Lithium Ion Battery and NanoLyte Electrolyte Solutions.

Battery · Rochester$9.3M Venture - Series Unknown
OLEDWorks
June 2025

OLEDWorks is a manufacturer of OLED light technology for automotive, general lighting, and specialty applications.

Energy Efficiency · Rochester$34.8M Debt Financing
Connected Energy
June 2022

A pioneer of 2nd life electric vehicle battery based energy storage systems.

Battery · Newcastle Upon Tyne$18.3M Venture - Series Unknown
PowerBank
April 2026

PowerBank is a clean and renewable energy company that develops grid-connected solar photovoltaic systems and community solar projects.

Clean Energy · Toronto$1.1M Grant
Soteria Battery Innovation Group
March 2025

Soteria is enabling safe lithium-ion batteries through technology that reduces the number of battery fires by 90-99%.

Battery · GreenvilleNon-equity Assistance
Ecovative Design
March 2025

Ecovative Design is a biomaterials company focused on the development of innovative materials from natural growth processes.

Advanced Materials · Albany$9.3M Venture - Series Unknown
ThayerMahan
January 2024

ThayerMahan is a provider of marine robotic solutions for the government and industry.

Information Technology · Groton$20.0M Series C
Combined Energies
March 2023

Combined Energies is an early-stage startup commercializing residential-scale power electronic and fuel cell technology.

Electronics · Latham$640K Venture - Series Unknown
Apex Clean Energy
January 2026

Apex Clean Energy is a renewable energy company that develops commercial-scale wind and solar energy facilities.

Energy · Charlottesville$42.5M Venture - Series Unknown
Watt Fuel Cell
December 2022

WATT Fuel Cell is a developer and manufacturer of solid oxide fuel cell stacks.

Energy · Mount Pleasant Mills$82.3M Corporate Round
Amatec
December 2024

Amatec develops sustainable construction materials by transforming industrial gypsum waste into fast-curing, high-strength concrete.

Advanced Materials · Newark$240K Grant
EMPEQ
January 2024

Connecting the equipment you know with the information you need for faster, more effective decisions.

Artificial Intelligence (AI) · IthacaNon-equity Assistance
Helix Power
November 2021

Helix Power is a development stage company designing a next generation power management platform using flywheel technology.

Energy Efficiency · Somerville$531K Debt Financing
Ecolectro
November 2025

Bringing scalable, low-cost, clean green hydrogen energy to the very near future.

Chemical · Ithaca$2.3M Convertible Note
New Frontier Aerospace
January 2025

NFA builds propulsion systems to power multiple products, including hypersonic aircraft for civil, commercial, and defense customers.

Aerospace · Tukwila$3.0M Grant
Quidnet Energy
November 2022

Technology-driven energy storage company powering the carbon-free electric grid.

Battery · Houston$10.0M Grant
Evercloak
November 2024

Evercloak is a cleantech startup that specializes in manufacturing ultra-thin graphene and other 2D nanomaterial films.

Environmental Consulting · Waterloo$250K Grant
Cadenza Innovation
October 2024

Cadenza Innovation provides patented Li-ion battery design and architecture for a license to global manufacturers.

Battery · Wilton$2.8M Debt Financing
SWITCH Maritime
August 2024

SWITCH Maritime builds hydrogen fuel cell electric vessel.

Marine Technology · Jackson$2.0M Grant
Re-Nuble
May 2023

Re-Nuble is a climate tech company that converts unrecoverable vegetative byproducts into a platform of sustainable inputs for agriculture.

AgTech · New YorkSeed
Setpoint.ai
July 2021

Setpoint.ai is an emerging Israeli developer of smart & scalable energy solutions in the IoT and AI arenas.

Artificial Intelligence (AI) · Ramat GanSeed
Avvir
March 2021

Avvir is a reality analysis platform.

Analytics · New York$10.0M Series A
Actasys
December 2020

Actasys provides its customers the ability to trust their vision sensor data at all times.

Automotive · New York$5.0M Seed

Where NYSERDA invests

Renewable Energy8
Energy8
Battery6
Manufacturing6
Energy Efficiency6
CleanTech5

About NYSERDA's portfolio

How many companies has NYSERDA invested in?

NYSERDA has invested in 54 companies tracked in our database. The portfolio spans multiple industries and funding stages, from seed-stage startups to late-stage companies.

What industries does NYSERDA invest in?

NYSERDA's top investment sectors include Renewable Energy, Energy, Battery, Manufacturing, Energy Efficiency. The firm invests across 48 different industry categories.

What is NYSERDA's largest investment?

Among tracked funding rounds, Watt Fuel Cell received $82.3M in a Corporate Round round. NYSERDA's total known invested capital is $272.2M.

What is the average investment size for NYSERDA?

NYSERDA's average investment size is $5.6M across its portfolio of 54 companies.

What are NYSERDA's most recent investments?

Recent NYSERDA portfolio additions include Eonix, Nohms Technologies, OLEDWorks, Connected Energy, PowerBank. These companies were founded in 2020 or later.

Reach the founders behind these 54 companies
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