Where is Masscec's headquarters located?

Masscec's headquarters is located in Boston (United States).

How big is Masscec's investment team?

Masscec has a team of 64, including 16 partners.

How many companies has Masscec invested in?

Masscec has invested in 66 companies, including Enel X & Solstice.

Which companies has Masscec invested in lately?

Cambridge Heavy & Teragen Energy are the latest investments by Masscec.

How many exits has Masscec been involved in?

Masscec's portfolio has seen 10 acquisitions.

Masscec - 2026 Investor Profile, Portfolio, Team & Investment Trends

Key facts about Enel X

Founded Year: 2001
Location: Boston (United States)
Annual Revenue: $100M - $500M as on Dec 31, 2016
Stage: Acquired
Total Funding till date: $169M
Employee Count: 2,379 as on Sep 30, 2026
Investors: Foundation Capital, Glen Capital and 9 Others
Latest Funding Round: Grant (prize money), Jan 01, 2021, $*****
Highlight: Acquired

Community solar provider unlocking clean energy access and savings for all. This organization focuses on expanding access to solar energy through community solar gardens, enabling individuals and businesses to benefit from solar power without needing to install panels on their property. They connect subscribers to local solar projects, providing credits on their electricity bills based on the solar garden's production. This model promotes affordable, accessible, and responsible energy consumption, supporting a cleaner and more equitable energy grid. They offer a platform for individuals, households, developers, and businesses to participate in the clean energy transition, fostering a community-driven approach to sustainability. The organization emphasizes ease of enrollment, cost savings, and environmental impact, making solar energy accessible to a broader audience. They provide customer support, educational resources, and partnership opportunities to further their mission of equitable access to clean energy.

Key facts about Solstice

Founded Year: 2016
Location: Boston (United States)
Stage: Acquired
Total Funding till date: $7.44M
Employee Count: 32 as on Sep 30, 2026
Investors: SE Ventures, Elemental and 24 Others
Latest Funding Round: Seed, Jan 15, 2021, $*****
Highlight: Acquired

3. Nth Cycle

Provider of electronics and li-ion battery recycling technology. The platform provides electro-extraction technology installed onsite to recover critical minerals from separated e-waste, low-grade ore, and mine tailings.

Key facts about Nth Cycle

Founded Year: 2017
Location: Knoxville (United States)
Stage: Series B
Total Funding till date: $65.2M
Employee Count: 72 as on Sep 30, 2026
Investors: Clean Energy Ventures, MassMutual and 18 Others
Latest Funding Round: Series B, Apr 24, 2026, $*****
Highlight: Editors' Pick

4. UMass Amherst

Key facts about UMass Amherst

Founded Year: 1863
Location: United States
Stage: Funding Raised
Investors: Masscec, National Oceanic and Atmospheric Administration and 13 Others
Latest Funding Round: Grant (prize money), Dec 30, 2025, $*****

5. Via Separations

Developer of energy-efficient industrial filtration systems. These systems significantly reduce energy consumption in manufacturing processes across various sectors. The technology utilizes membrane materials to withstand harsh industrial conditions, improving efficiency and lowering operational costs. The company offers scalable solutions proven effective at commercial scale, enhancing the profitability and reliability of existing manufacturing assets.

Key facts about Via Separations

Founded Year: 2016
Location: Somerville (United States)
Stage: Series B
Total Funding till date: $78.8M
Employee Count: 51 as on Sep 30, 2026
Investors: NGP Energy Technology Partners, Climate Investment and 15 Others
Latest Funding Round: Series B, Apr 01, 2026, $*****
Highlight: Editors' Pick

View the full list of portfolio companies

Masscec has invested in 66 companies over the last 16 years, with an average of 4 new investments annually in the last 10 years. In 2025, it made 2 investments, while as of Sep 2026, it has made 3 investments in this year. Its most recent first time investment was in Cambridge Heavy and most recent follow-on round was in Via Separations.

Here are Masscec's Year-on-Year Investment Trends:

Year	No. of Investments
Year	1^st Round	Follow-on	Total
2026 (YTD)	2	1	3
2025	2	0	2
2024	4	2	6
2023	4	0	4
2022	2	3	5
2021	11	2	13
2020	11	2	13
2019	3	0	3
2018	2	0	2
2017	2	1	3

View all investments by Masscec

Masscec has made 31 investments in Grant (prize money) stage with an average round size of $161K, 19 investments in Seed stage with an average round size of $2.85M, 12 investments in Series A stage with an average round size of $4.81M and 2 investments in Series B stage with an average round size of $200K.

Here are Masscec's investments by stage:

Stage of entry	No. of Investments
Grant (prize money)	31
Seed	19
Series A	12
Series B	2

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

View all investments by Masscec

Masscec has a diverse portfolio, with companies operating in the Sustainability Tech, Environment Tech, Energy Tech, High Tech and Enterprise Applications. Notably, it has invested in 49 Enterprise (B2B) companies, 46 Tech companies, 22 Software companies and at least 22 companies focusing on Tech hardware.

Here are Masscec's investments by sector:

Sector	No. of Investments
Sustainability Tech	36
Environment Tech	31
Energy Tech	29
High Tech	19
Enterprise Applications	16
Others	76

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

View all investments by Masscec

Masscec has made most investments in United States (63), followed by Scotland where it has made 1 investment.

Here are Masscec's investments by geography:

Country	No. of Investments
United States	63
Scotland	1
United Kingdom	1

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

View all investments by Masscec

Masscec has made 3 investments in 2026 so far. Cambridge Heavy and Teragen Energy are the latest among them.

Here are the most recent investments by Masscec:

Filter this list

Date	Company	Location	Round Details	Round Amount	Co-Investors
Sep 22, 2026	Cambridge Heavy	United States	Series A	9705	Azolla Ventures [+2]
Aug 26, 2026	Teragen Energy	United States	Seed	9359	BEVC [+3]
Apr 01, 2026	Via Separations	United States	Series B	2796	Climate Investment [+5]
Nov 20, 2025	EQORE	United States	Seed	4898	Luke Merrow [+1]
Mar 19, 2025	Blueshift	United States	Seed	7921	Ridgeline

See more recent investments made by Masscec

10 companies from Masscec's portfolio have been acquired. The most recent acquisition was Solstice in Feb 2026 by Perch Energy for $*****.

Here are Masscec's portfolio companies that got acquired most recently:

Filter this list

Company	Acquisition Date	First Invested on	First Round of Investment	Round Size
Solstice	Feb 19, 2026	Oct 13, 2020	Seed	3078
Electra Vehicles	Jun 14, 2024	May 19, 2021	Seed	8606
Enel X	Feb 09, 2024	Sep 18, 2020	Grant (prize money)	6712
WeSpire	Jun 01, 2023	Oct 13, 2020	Series B	2324
Opti	Nov 02, 2022	Feb 02, 2017	Series A	9263

View all acquired companies in Masscec's portfolio

Masscec has a team of 64 members including 16 Partners and 39 Principals located in United States and Denmark. Masscec's team sits on the board of 1 company.

Here is a list of top team members in Masscec:

Name	Designation	Location	Board Memberships	Contact Details
Eric Paley	Partner	Cambridge	Crayon	-
Emily Reichert	Partner	Boston	-	-
Matthew Gorzkowicz	Partner	-	-	-
Jennifer Le Blond	Partner	Cambridge	-	1 Phone number
Brooke Barton	Partner	Boston	-	1 Phone number
Erica Hines	Partner	Milton	-	1 Phone number
Bruce K Carlisle	Partner	Boston	-	1 Phone number
Jim Stanislaski	Partner	Boston	-	1 Phone number
Cat Foley	Partner	Boston	-	1 Phone number
Leslie Nash	Partner	Boston	-	1 Phone number
Raija Vaisanen	Partner	United States	-	1 Phone number

View team details of Masscec

Over the past 16 years, 298 investors have co-invested in Masscec's portfolio companies. This includes funds and angels.

Invested before Masscec: National Science Foundation, MassChallenge and 108 others have invested in rounds before Masscec. There are 9 companies where National Science Foundation has invested before Masscec and 7 companies where MassChallenge has invested before Masscec.
Top Co-investors of Masscec: 69 investors entered a company along with Masscec. These include investors like MTTC (2 companies).
Invested after Masscec: A total of 119 investors have invested in Masscec's portfolio after their investments. Top Investors include OSTI (7 companies) and National Science Foundation (4 companies).