When was Harvard Innovation Labs founded?

Harvard Innovation Labs was founded in 2011.

Where is Harvard Innovation Labs' headquarters located?

Harvard Innovation Labs' headquarters is located in Boston (United States).

How many companies has Harvard Innovation Labs invested in?

Harvard Innovation Labs has invested in 14 companies, including Lightmatter & Mitti Labs.

Which companies has Harvard Innovation Labs invested in lately?

Mitti Labs & smoodi are the latest investments by Harvard Innovation Labs.

How many exits has Harvard Innovation Labs been involved in?

Harvard Innovation Labs' portfolio has seen 1 acquisition.

How many unicorns are there in Harvard Innovation Labs' portfolio?

There is 1 unicorn in Harvard Innovation Labs' portfolio.

Harvard Innovation Labs - 2026 Investor Profile, Portfolio, Team & Investment Trends

Q: How big is Harvard Innovation Labs' investment team?

Harvard Innovation Labs has a team of 13.

Harvard Innovation Labs, an accelerator and incubator program founded in 2011, is based in Boston, United States. With a presence in 6 countries, it has supported around 14 startups in sectors like Enterprise Applications, High Tech. As of Nov 2026, Harvard Innovation Labs has 1 unicorn under its belt and has witnessed 1 portfolio exit. Most notable companies in its portfolio include Lightmatter, Mitti Labs and Hibiscus Monkey. The program is backed by a team of 13 people who primarily support Grant (prize money) startups based in United States. Its latest investment was a $3M Seed round in Mitti Labs on Jul 14, 2024, which also saw participation from Voyager and Overview.

Key Metrics

Founded Year

2011

Location

Boston, United States

Portfolio Companies

Lightmatter, Mitti Labs & 12 more

Sectors of Investment

Enterprise Applications, High Tech & 17 more

Stages of Investment

Seed, Grant (prize money) & 1 more

Locations of Investment

United States, India & 4 more

Unicorn in Portfolio

Lightmatter

View Harvard Innovation Labs's full profile

Harvard Innovation Labs has a portfolio of 14 companies, one of which is a Unicorn. Their most notable investments are in Mudango and Epigene Labs.Their portfolio spans across United States, India, Chile and 3 more locations. They have invested in Enterprise Applications, High Tech, Food and Agriculture Tech and 16 other sectors, across stages such as Seed, Grant (prize money) and 1 more. Here is the list of top investments by Harvard Innovation Labs:

1. Lightmatter

Developer of photonic interconnects and co-packaged optics for AI infrastructure. The company’s technology addresses data center bottlenecks by connecting XPUs and switches. It offers solutions with lane speeds from 56G NRZ to 448G PAM4, bidirectional or unidirectional, and up to 16 wavelengths. The company also promotes open standards to drive adoption of advanced optical interconnect technologies.

Key facts about Lightmatter

Founded Year: 2017
Location: Boston (United States)
Valuation: $*****
Stage: Series D
Total Funding till date: $850M
Employee Count: 373 as on Sep 30, 2026
Investors: T. Rowe Price, Fidelity Investments and 16 Others
Latest Funding Round: Series D, Oct 11, 2024, $*****
Highlight: Editors' Pick

2. Mitti Labs

Provider of crop analytics solutions. It uses AI technology to develop sustainable rice farming projects. It combine AI with satellite imagery and field data to offer solution for farmers. It also offers solutions to track specific farming practices across fields.

Key facts about Mitti Labs

Founded Year: 2023
Location: Bengaluru (India)
Annual Revenue: 0 - ₹10 Cr as on Mar 31, 2025
Stage: Series A
Total Funding till date: $12.5M
Employee Count: 31 as on Jun 30, 2025
Investors: Lightspeed, Cisco and 6 Others
Latest Funding Round: Series A, Aug 05, 2026, $*****
Highlight: Editors' Pick

3. Hibiscus Monkey

Platform offering body care products . They offer a variety of products designed to address specific body concerns, such as dry skin, hair loss, and ingrown hairs.

Key facts about Hibiscus Monkey

Founded Year: 2018
Location: Mumbai (India)
Annual Revenue: 0 - ₹10 Cr as on Mar 31, 2025
Stage: Funding Raised
Employee Count: 12 as on Aug 31, 2026
Investors: Harvard Innovation Labs
Latest Funding Round: Grant (prize money), Jun 15, 2021, $*****

4. Anthem

Mobile & SaaS-based platform providing financial management solutions. The platform offers fee collection solutions, revenue management solutions, payment gateways, AI-generated reports, and more. Its mobile app is available for Android and iOS devices.

Key facts about Anthem

Founded Year: 2018
Location: Chennai (India)
Annual Revenue: 0 - ₹10 Cr as on Mar 31, 2025
Valuation: $*****
Stage: Series A
Total Funding till date: $3.14M
Employee Count: 66 as on Mar 31, 2026
Investors: Elevation Capital, MassChallenge and 19 Others
Latest Funding Round: Series A, May 14, 2021, $*****
Highlight: Editors' Pick

5. Mudango

Mudango is an online marketplace offering moving, relocation & removal services in Chile. The platform enables users to receive quotes from multiple service providers and enables users to receive quotes, compare and book services after providing relevant details. Additionally, the platform is also powered by a virtual chat assistant, Sofia.

Key facts about Mudango

Founded Year: 2016
Location: Santiago (Chile)
Stage: Seed
Total Funding till date: $1.4M
Employee Count: 67 as on Sep 30, 2026
Investors: Genesis Ventures, Imagine Lab and 3 Others
Latest Funding Round: Seed, Apr 05, 2021, $*****
Highlight: Editors' Pick

View the full list of portfolio companies

Harvard Innovation Labs has invested in 14 companies over the last 9 years, with an average of 0 new investment annually in the last 5 years. Its most recent first time investment was in Mitti Labs and most recent follow-on round was in Suyo.

Here are Harvard Innovation Labs' Year-on-Year Investment Trends:

Year	No. of Investments
Year	1^st Round	Follow-on	Total
2026 (YTD)	0	0	0
2025	0	0	0
2024	1	0	1
2023	0	0	0
2022	1	0	1
2021	1	0	1
2020	0	0	0
2019	2	0	2
2018	1	0	1
2017	2	1	3

View all investments by Harvard Innovation Labs

Harvard Innovation Labs has made 4 investments in Seed stage with an average round size of $3M, 3 investments in Grant (prize money) stage with an average round size of $75K and 1 investment in Series A stage with an average round size of $5M.

Here are Harvard Innovation Labs' investments by stage:

Stage of entry	No. of Investments
Seed	4
Grant (prize money)	3
Series A	1

Note: We have considered here, only first round of investments

View all investments by Harvard Innovation Labs

Harvard Innovation Labs has a diverse portfolio, with companies operating in the High Tech, Consumer, Enterprise Applications, Food and Agriculture Tech and Consumer Goods. Notably, it has invested in 13 Tech companies, 10 Enterprise (B2B) companies, 8 Software companies and at least 6 companies focusing on Consumer (B2C).

Here are Harvard Innovation Labs' investments by sector:

Sector	No. of Investments
High Tech	3
Consumer	2
Enterprise Applications	2
Food and Agriculture Tech	2
Consumer Goods	1
Others	10

Note: We have considered here, only first round of investments

View all investments by Harvard Innovation Labs

Harvard Innovation Labs has made most investments in United States (3), followed by India where it has made 2 investments.

Here are Harvard Innovation Labs' investments by geography:

Country	No. of Investments
United States	3
India	2
Chile	1
Colombia	1
France	1

Note: We have considered here, only first round of investments

View all investments by Harvard Innovation Labs

Harvard Innovation Labs has not made any investment in 2026 so far.

Here are the most recent investments by Harvard Innovation Labs:

Filter this list

Date	Company	Location	Round Details	Round Amount	Co-Investors
Jul 14, 2024	Mitti Labs	India	Seed	8255	Voyager [+2]
Dec 02, 2022	smoodi	United States	Series A	4900	Frédéric Levy [+6]
Jun 15, 2021	Hibiscus Monkey	India	Grant (prize money)	4086	-
Nov 05, 2019	Epigene Labs	France	Seed	2907	-
Sep 24, 2019	Mudango	Chile	Seed	5760	-

See more recent investments made by Harvard Innovation Labs

Harvard Innovation Labs has 1 unicorn in its portfolio - Lightmatter. The most recent unicorn in their portfolio is Lightmatter which became a unicorn in 2023, 6 years after Harvard Innovation Labs first invested in it.

Here is a list of unicorns in Harvard Innovation Labs' portfolio:

Filter this list

Tracxn Score	Company	Short Description	Founded year	Sector	Location	Company Stage	First Investment/ Acquisition Details
72	Lightmatter	Developer of photonic interconnects and co-packaged optics for AI infrastructure	2017	Semiconductors [+2]	Boston	Series D	wkogtda

View more details about unicorns in Harvard Innovation Labs' portfolio

1 company from Harvard Innovation Labs' portfolio has been acquired. The most recent acquisition was Read Lee in Mar 2023 by Paper for $*****.

Here are Harvard Innovation Labs' portfolio companies that got acquired most recently:

Filter this list

Company	Acquisition Date	First Invested on	First Round of Investment	Round Size
Read Lee	Mar 14, 2023	-	-	2031

View all acquired companies in Harvard Innovation Labs' portfolio

Harvard Innovation Labs has a team of 13 members including 2 Partners and 6 Principals located in United States. Harvard Innovation Labs' team does not sit on the board of any company as of now.

Here is a list of top team members in Harvard Innovation Labs:

Name	Designation	Location	Board Memberships	Contact Details
Rebecca Xiong	Partner	-	-	1 Email
Tom Samph	Partner	Boston	-	2 Emails
Rebekah Emanuel	Principal	-	-	1 Email
Alexa Barry	Principal	Boston	-	1 Email
Joanna Furgiuele	Principal	United States	-	1 Email
Alexandra Anweiler Stephens	Principal	Boston	-	1 Email
Dan Pinnolis	Principal	Boston	-	1 Email
Vivian Liu-Somers	Principal	Boston	-	-

View team details of Harvard Innovation Labs

Over the past 9 years, 43 investors have co-invested in Harvard Innovation Labs's portfolio companies. This includes funds and angels.

Invested before Harvard Innovation Labs: MIT $100K, Omidyar Network and 2 others have invested in rounds before Harvard Innovation Labs. There is 1 company where MIT $100K has invested before Harvard Innovation Labs and 1 company where Omidyar Network has invested before Harvard Innovation Labs.
Top Co-investors of Harvard Innovation Labs: 16 investors entered a company along with Harvard Innovation Labs. These include investors like Voyager (1 company).
Invested after Harvard Innovation Labs: A total of 23 investors have invested in Harvard Innovation Labs's portfolio after their investments. Top Investors include Google Ventures (1 company) and Viking Global Investors (1 company).