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US Department of Commerce Portfolio Companies

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

Last updated: July 2026

US Department of Commerce Investment Overview

Portfolio Companies
127
Total Invested
$479.3M
Average Investment
$4.9M

US Department of Commerce's Most Recent Investments (2020+)

Company NameFoundedFunding StageAmountCity
The University of New Mexico Taos2022Grant$701KRanchos De Taos
Launch NY2025Grant$1.0MBuffalo
UNeTech Institute2022Grant$300KOmaha
Parallax Advanced Research2023Grant$1.9MBeavercreek
Pascua Yaqui Development2025GrantUndisclosedTucson
The Company Lab2024Grant$50KChattanooga
Innovate SOMO2022Grant$2.0MSpringfield
mHUB2026Grant$1.0MChicago
Health Tech Alley2025Grant$30KColumbia
SOVA Innovation Hub2025GrantUndisclosedSouth Boston

Complete List of US Department of Commerce Portfolio Companies (127)

Export
#CompanyStageAmountLocation
51The University of New Mexico TaosGrant$701KRanchos De Taos, United States
52Launch NYGrant$1.0MBuffalo, United States
53UNeTech InstituteGrant$300KOmaha, United States
54Parallax Advanced ResearchGrant$1.9MBeavercreek, United States
55Pascua Yaqui DevelopmentGrantUndisclosedTucson, United States
56The Company LabGrant$50KChattanooga, United States
57Innovate SOMOGrant$2.0MSpringfield, United States
58mHUBGrant$1.0MChicago, United States
59Health Tech AlleyGrant$30KColumbia, United States
60SOVA Innovation HubGrantUndisclosedSouth Boston, United States
Education

The University of New Mexico Taos is an open-access, student-centered, low-cost college.

Ranchos De Taos, United States
October 2022
$701K
Grant

Founder Contacts

30,000+ verified contacts

Non ProfitSocial Entrepreneurship

Launch NY is a U.S. Treasury-designated Community Financial Institution (CDFI) and a 501(c)(3) nonprofit venture development organization.

Buffalo, United States
October 2025
$1.0M
Grant

Founder Contacts

30,000+ verified contacts

Incubators

UNeTech Institute is an entrepreneurial support organization, University-Supported Startup Incubator.

Omaha, United States
October 2022
$300K
Grant

Founder Contacts

30,000+ verified contacts

Non ProfitSecurity

Parallax Advanced Research provides security, research and business solutions for government, academic institutions, and industry clients.

Beavercreek, United States
October 2023
$1.9M
Grant

Founder Contacts

30,000+ verified contacts

Pascua Yaqui Development focuses on workforce development.

Tucson, United States
October 2025
Grant

Founder Contacts

30,000+ verified contacts

Association

The Company Lab is a nonprofit startup accelerator that supports entrepreneurial growth in southeast Tennessee.

Chattanooga, United States
October 2024
$50K
Grant

Founder Contacts

30,000+ verified contacts

Business DevelopmentProfessional NetworkingTraining

Innovate SOMO is a workforce and business development network.

Springfield, United States
October 2022
$2.0M
Grant

Founder Contacts

30,000+ verified contacts

Consumer ElectronicsElectronicsEnergyHardwareInnovation ManagementInternet of ThingsManufacturingMedical DeviceProduct Design

mHUB is a leading innovation center for hardtech commercialization

Chicago, United States
March 2026
$1.0M
Grant

Founder Contacts

30,000+ verified contacts

Health CareNon Profit

Health Tech Alley is a non-profit organization that supports healthcare organizations in providing quality and affordable healthcare.

Columbia, United States
December 2025
$30K
Grant

Founder Contacts

30,000+ verified contacts

Management ConsultingNon Profit

SOVA Innovation Hub is a is a non-profit organisation established in 2020 with investments by Mid-Atlantic Broadband Communities Corporation

South Boston, United States
December 2025
Grant

Founder Contacts

30,000+ verified contacts

EducationNon ProfitTraining

Philadelphia Works develops and manages workforce solutions that respond to business needs and increase economic opportunity.

Philadelphia, United States
August 2025
$393K
Grant

Founder Contacts

30,000+ verified contacts

Non Profit

The Center on Rural Innovation uses progressive public, private, and philanthropic partnerships and strategies.

Hartland, United States
July 2025
Grant

Founder Contacts

30,000+ verified contacts

EducationFinanceFinancial ServicesInformation Technology

V-GaN Tech Hub strengthens Vermont's innovation culture by encouraging possibilities in education, research, and commerce.

Burlington, United States
July 2025
$3.4M
Grant

Founder Contacts

30,000+ verified contacts

Health CareHospitalMedical

Baton Rouge Health District is a place-based coalition of health-related anchor institutions.

Baton Rouge, United States
June 2025
$2.0M
Grant

Founder Contacts

30,000+ verified contacts

Non Profit

New Growth Innovation Network focuses on inclusive economic growth and closing structural opportunity gaps.

Chicago, United States
May 2025
Grant

Founder Contacts

30,000+ verified contacts

AerospaceAutonomous VehiclesConsultingInfrastructure

DronePort Network focuses on autonomous drone services ecosystem, including delivery and infrastructure development.

Oklahoma City, United States
March 2025
$3.6M
Grant

Founder Contacts

30,000+ verified contacts

ManufacturingPharmaceutical

Alliance for Building Better Medicine is a globally competitive ecosystem that manufactures key pharmaceuticals in the United States.

Richmond, United States
January 2025
$3.9M
Grant

Founder Contacts

30,000+ verified contacts

Robotics

Heartland Robotics Cluster focuses on growing talent in automation and robotics.

Lincoln, United States
January 2025
$25.0M
Grant

Founder Contacts

30,000+ verified contacts

AutomotiveClean EnergyEnergy EfficiencyIncubatorsSolar

Greentown Labs is a climate technology incubator that seeks to invest in the clean technology, energy, and environmental industries.

Somerville, United States
December 2024
$3.0M
Grant

Founder Contacts

30,000+ verified contacts

Non ProfitSustainability

Friends of Puerto Rico is a non-partisan, non-profit social impact organization.

Washington, United States
December 2024
$600K
Grant

Founder Contacts

30,000+ verified contacts

Information TechnologyNon ProfitSharing Economy

Miami Tech Works focuses on creating a long-term tech talent pipeline that will benefit South Florida employers.

Miami, United States
November 2024
$10.0M
Grant

Founder Contacts

30,000+ verified contacts

BiotechnologyLife Science

Ri Bio is a trade association and hub for the life sciences that provides access to capital and creates industry connections.

Providence, United States
August 2024
$4K
Grant

Founder Contacts

30,000+ verified contacts

Non Profit

Platform for Social Impact focuses on family economic mobility.

San Juan, Puerto Rico
August 2024
$30.0M
Grant

Founder Contacts

30,000+ verified contacts

CommunitiesInformation ServicesService Industry

Shaping Our Appalachian Region assists community-based initiatives, activities, and advocacy.

Pikeville, United States
August 2024
$40.0M
Grant

Founder Contacts

30,000+ verified contacts

CommunitiesNational SecuritySecurity

The Tulsa Hub for Equitable and Trustworthy Autonomy is a regional effort that addresses national security concerns.

Tulsa, United States
July 2024
$51.0M
Grant

Founder Contacts

30,000+ verified contacts

Showing 51-75 of 127 portfolio companies

Frequently Asked Questions About US Department of Commerce

How many companies has US Department of Commerce invested in?

US Department of Commerce has invested in 127 companies tracked in our database. The portfolio spans multiple industries and funding stages, from seed-stage startups to late-stage companies.

What industries does US Department of Commerce invest in?

US Department of Commerce's top investment sectors include Non Profit, Education, Incubators, Security, Training. The firm invests across 43 different industry categories.

What is US Department of Commerce's largest investment?

Among tracked funding rounds, Tulsa Hub for Equitable and Trustworthy Autonomy received $51.0M in a Grant round. US Department of Commerce's total known invested capital is $479.3M.

What is the average investment size for US Department of Commerce?

US Department of Commerce's average investment size is $4.9M across its portfolio of 127 companies.

What are US Department of Commerce's most recent investments?

Recent US Department of Commerce portfolio additions include The University of New Mexico Taos, Launch NY, UNeTech Institute, Parallax Advanced Research, Pascua Yaqui Development. These companies were founded in 2020 or later.

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