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    Massachusetts Clean Energy Center logo

    Massachusetts Clean Energy Center

    Boston, Massachusetts, United StatesFounded 2009
    www.masscec.comLinkedIn
    Climate & Energy

    The Massachusetts Clean Energy Center (MassCEC) is a quasi-public state economic development agency dedicated to accelerating the growth of the clean energy and climatetech sector in Massachusetts. Through its $50M 2030 Fund, it makes direct equity and venture debt investments in early-stage, Massachusetts-based climate technology companies.

    45% of their portfolio is in Climate & Energy. Their most common stage is seed (50% of deals). Average disclosed round size is $5.2M (across 17 rounds with reported amounts).

    Find people at Massachusetts Clean Energy Center on Goldilocks AI

    Portfolio

    19

    Fund Size

    —

    Top Stage

    Seed

    Last 12 Mo

    2

    Team

    BC

    Bruce Carlisle

    Managing Director, Offshore Wind

    CF

    Cat Foley

    Deputy Managing Director, Accelerating Decarbonization

    JL

    Jenn Le Blond

    Managing Director, Emerging Climatetech

    JA

    Jennifer Applebaum

    Managing Director, Workforce Development

    JS

    Jim Stanislaski

    Managing Director, Accelerating Decarbonization

    LN

    Leslie Nash

    Deputy Managing Director, Emerging Climatetech

    LE

    Lisa Engler

    Deputy Managing Director, Offshore Wind

    RV

    Raija Vaisanen

    Deputy Managing Director of Workforce Development

    BC

    Beverly Craig

    Program Director

    DW

    David Wilson

    Director of Investments

    DH

    Diego Huezo

    Senior Director of Government Relations

    EH

    Edward Hsieh

    Senior Program Director

    Portfolio Breakdown

    Stage Distribution

    Sector Distribution

    Investment Activity

    DealsAvg Round Size

    Portfolio

    20 investments
    CompanyRoundAmountDate
    TTeragen EnergyPre-Seed$6MAug 2026
    TTeragen EnergyPre-Seed$6MJan 2026
    EQORE logoEQORESeed$1.7MNov 2025
    BlueShift logoBlueShiftPre-Seed$2.1MMar 2025
    Triton Anchor logoTriton AnchorSeed—Dec 2024
    Adept materials logoAdept materialsSeed$4MAug 2024
    Cala Systems logoCala SystemsSeed$5.6MAug 2024
    Adept logoAdeptSeed$4MAug 2024
    Aeroshield Materials logoAeroshield MaterialsSeed$4MNov 2022
    Multiscale Systems logoMultiscale SystemsUnknown$250KAug 2021
    Triton Systems logoTriton SystemsSeed$1.3MApr 2021
    Raptor Maps logoRaptor MapsSeries A$5MAug 2020
    Titan logoTitanSeries A$10MSep 2019
    OptiRTC logoOptiRTCUnknown$5.5MFeb 2017
    Ekotrope logoEkotropeUnknown$1.7MJan 2013
    MMTPVSeries B$6.5MJan 2011
    Aclarity logoAclaritySeed——
    Found Energy logoFound EnergySeed$12M—
    EnergySage logoEnergySageGrowth——
    Found Industries logoFound IndustriesSeed$12M—

    Top Co-Investors

    Clean Energy Ventures3 shared
    J-Impact2 shared
    KOMPAS VC2 shared
    Good Growth Capital2 shared
    Energy Capital Ventures2 shared
    The Engine2 shared
    SE Ventures1 shared
    Ahren Innovation Capital1 shared
    Gates Foundation1 shared
    New Climate Ventures1 shared
    Collaborative Fund1 shared
    North Island Ventures1 shared
    Leap Forward Ventures1 shared
    New Enterprise Associates1 shared
    Ridgeline Partners1 shared
    Nexus Venture Partners1 shared
    MassMutual1 shared
    MassVentures1 shared
    Wells Fargo1 shared
    New York Angels1 shared

    Last updated: 20 October 2026