Investments
51Portfolio Exits
8Partners & Customers
4About Massachusetts Clean Energy Center
The Massachusetts Clean Energy Center (MassCEC) mission is to foster the growth of the Massachusetts clean energy industry through seed grants to companies. Created by the Green Jobs Act of 2008, the Massachusetts Clean Energy Center (MassCEC) is dedicated to accelerating the success of clean energy technologies, companies and projects in the Commonwealth - while creating high-quality jobs and long-term economic growth for the people of Massachusetts. MassCEC is a partner, clearinghouse and connector for people in the clean energy sector, making direct investments in clean energy companies, building a strong clean energy workforce, and supporting responsibly sited renewable energy projects across the Commonwealth. MassCEC works with the entire clean energy community in Massachusetts to propel promising technologies from the drawing board to the global marketplace.
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Latest Massachusetts Clean Energy Center News
Jul 19, 2023
The Massachusetts Clean Energy Center says the Bay State will need 38,000 new clean energy workers if it wants to meet its climate goals.
Massachusetts Clean Energy Center Investments
51 Investments
Massachusetts Clean Energy Center has made 51 investments. Their latest investment was in BlocPower as part of their Grant - IV on August 8, 2023.
Massachusetts Clean Energy Center Investments Activity
Date | Round | Company | Amount | New? | Co-Investors | Sources |
|---|---|---|---|---|---|---|
8/31/2023 | Grant - IV | BlocPower | $1.2M | Yes | 1 | |
12/6/2022 | Seed | Triton Anchor | Yes | 11 | ||
9/28/2022 | Grant - III | Greentown Labs | No | 1 | ||
9/28/2022 | Grant | |||||
9/28/2022 | Grant |
Date | 8/31/2023 | 12/6/2022 | 9/28/2022 | 9/28/2022 | 9/28/2022 |
|---|---|---|---|---|---|
Round | Grant - IV | Seed | Grant - III | Grant | Grant |
Company | BlocPower | Triton Anchor | Greentown Labs | ||
Amount | $1.2M | ||||
New? | Yes | Yes | No | ||
Co-Investors | |||||
Sources | 1 | 11 | 1 |
Massachusetts Clean Energy Center Portfolio Exits
8 Portfolio Exits
Massachusetts Clean Energy Center has 8 portfolio exits. Their latest portfolio exit was Solstice on October 12, 2022.
Massachusetts Clean Energy Center Partners & Customers
4 Partners and customers
Massachusetts Clean Energy Center has 4 strategic partners and customers. Massachusetts Clean Energy Center recently partnered with MassVentures on June 6, 2018.
Date | Type | Business Partner | Country | News Snippet | Sources |
|---|---|---|---|---|---|
6/22/2018 | Partner | United States | Baker-Polito Administration Announces $3.4 Million to START Companies in Massachusetts `` We are delighted to continue building on the success of our previous partnership with MassVentures that allowed us to transition our self-biased circulator technology into production with thousands of units shipped this year , '' said Dr. Anton Geiler , President of Metamagnetics , Inc. . | 8 | |
9/29/2015 | Vendor | ||||
8/31/2011 | Client | ||||
Vendor |
Date | 6/22/2018 | 9/29/2015 | 8/31/2011 | |
|---|---|---|---|---|
Type | Partner | Vendor | Client | Vendor |
Business Partner | ||||
Country | United States | |||
News Snippet | Baker-Polito Administration Announces $3.4 Million to START Companies in Massachusetts `` We are delighted to continue building on the success of our previous partnership with MassVentures that allowed us to transition our self-biased circulator technology into production with thousands of units shipped this year , '' said Dr. Anton Geiler , President of Metamagnetics , Inc. . | |||
Sources | 8 |
Massachusetts Clean Energy Center Team
6 Team Members
Massachusetts Clean Energy Center has 6 team members, including current Chief Executive Officer, Arif F Padaria.
Name | Work History | Title | Status |
|---|---|---|---|
Arif F Padaria | TVM Capital Life Science | Chief Executive Officer | Current |
Name | Arif F Padaria | ||||
|---|---|---|---|---|---|
Work History | TVM Capital Life Science | ||||
Title | Chief Executive Officer | ||||
Status | Current |
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