Connecticut Innovations

About Connecticut Innovations

Connecticut Innovations is Connecticut's venture capital arm and the leading source of financing and ongoing support for innovative, growing companies. They aim to support business success by providing capital and strategic assistance to visionary founders and transformative technologies.

Products & Services

Venture Capital Financing:Flexible financing capital for various stages of business development.

AI/Q Fund:A $50 million fund investing in artificial intelligence and quantum technology companies.

ClimateTech Fund:A $100 million fund providing capital and strategic support to early-stage and growth companies in climate technology.

Future Fund:A $50 million fund to invest in new and diverse ideas, people, and industries in Connecticut.

Connecticut Bioscience Innovation Fund:A $200 million evergreen fund focused on bioscience investments.

Angel Investor Tax Credit Program:A program to encourage angel investments through tax credits.

SSBCI Technical Assistance Program:A program offering technical assistance to support small businesses.

ClimateTech Fund

AI/Q Fund

Future Fund

Connecticut Bioscience Innovation Fund

Angel Investor Tax Credit Program

Specialties

Biotech Information Technology Artificial Intelligence Quantum Technology Climate Technology Bioscience Early-Stage Investments Early-stage venture investing Climate technology Artificial intelligence and quantum computing Economic development in Connecticut

Funding History

Debug: View Raw Funding Data

#	Type	Amount Fields	Date Fields	Investors
1	RT: Venture Capital Investment T: - FT: Venture Capital Investment	A: 6000000 MR: - FA: $6.0 million FAN: 6000000	D: 2026-04-22 FD: 2026-04-22	1 investors
2	RT: Venture Proceeds T: - FT: Venture Proceeds	A: 41000000 MR: - FA: $41.0 million FAN: 41000000	D: 2026-01-28 FD: 2026-01-28	-
3	RT: Venture Capital Investment T: - FT: Venture Capital Investment	A: 11300000 MR: - FA: $11.3 million FAN: 11300000	D: 2025-11-03 FD: 2025-11-03	1 investors
4	RT: Venture Capital Investment T: - FT: Venture Capital Investment	A: 7000000 MR: - FA: $7 million FAN: 7000000	D: 2023-05-24 FD: 2023-05-24	1 investors
5	RT: Early-stage Investment T: - FT: Early-stage Investment	A: 7000000 MR: - FA: 7 million FAN: 7000000	D: 2023-05-24 FD: 2023-05-24	-
6	RT: Early-Stage Investment T: - FT: Early-Stage Investment	A: 10000000 MR: - FA: $10 million FAN: 10000000	D: 2023-02-01 FD: 2023-02-01	1 investors
7	RT: Venture Capital T: - FT: Venture Capital	A: 10000000 MR: - FA: $10 million FAN: 10000000	D: 2023-02-01 FD: 2023-02-01	3 investors

Venture Capital Investment Latest

2026-04-22

$6.0M

1 investor (Pro only)

Venture Proceeds 2026-01-28

$41.0M

Venture Capital Investment 2025-11-03

$11.3M

View 6 more funding rounds with Pro

Unlock Full Funding History

Growth Metrics

+45%

Employee Growth

YoY

3.2x

Funding Growth

Last Round

12

Markets

Operating

10K+

Customers

Active

View 3 more growth metrics with Pro

Unlock All Metrics

Mock Up

Team & Leadership

M

Matthew McCooe

Chief Executive Officer

P

Philip Siuta

Chief Operating Officer and Chief Financial Officer

L

Lauren Carmody

Chief Marketing Officer

C

Christopher Baisden

Chief Human Resources Officer

P

Peter Longo

Senior Managing Director, Investments

M

Matthew Storeygard

Senior Managing Director, Investments and Bio Team Director

View 27 more team members with Pro

Unlock Full Team Directory

Recent News