Investor Type | Firm |
Type of Fund | VC |
Industries | Software (Web Marketplace Saas..) • BioTech • AgroTech • FinTech (& Financials services) • Hardware (& Manufacturing) • Energy • IoT (& Wearables) • CleanTech • A.I. (& Big Data) • HealthTech (& Fitness) • Food & Beverage • Logistics (& Distribution) • Material Science • Medical Devices (& Hospital Services) • Robotics • Aerospace (& Defense) • Healthcare (& Wellness) • Mobility • Online Social • Pharmaceutical (& Medicine) • Woman Focused |
Stages | Early, Seed, Series A, Series B, Pre-seed |
Investing | United States |
Investment Range | $250,000 - $9,000,000 |
Investment Sweet Spot | $3,000,000 |
Assets Under Management | $204,500,000 |
The Engine is a venture capital firm headquartered in Cambridge, Massachusetts, focusing on propelling 'Tough Tech' — technology that solves the world’s most critical challenges through the convergence of breakthrough science, engineering, and leadership. With an investment range of $250,000 to $9,000,000 and a sweet spot of $3,000,000, The Engine invests in early to mid-stage ventures, supporting them from pre-seed through Series B rounds. They specialize in a broad array of industries including but not limited to Software, BioTech, AgroTech, FinTech and Financial Services, Hardware and Manufacturing, Energy, IoT and Wearables, CleanTech, A.I. and Big Data, HealthTech and Fitness, Food & Beverage, Logistics and Distribution, Material Science, Medical Devices and Hospital Services, Robotics, Aerospace and Defense, Healthcare and Wellness, Mobility, Online Social, Pharmaceutical, Woman Focused ventures, and more. With assets under management totaling $204,500,000, they offer extensive support to startups; not just capital but also strategic guidance and access to a vast network of industry, academic, and governmental connections. The Engine provides resident companies with 220,000 square feet of fully managed lab and engineering space, complete with necessary equipment, to facilitate the development of Tough Tech. Additionally, The Engine’s programs address the complexities of commercializing disruptive technologies, making entrepreneurship in this space more accessible while nurturing a thriving ecosystem involving entrepreneurs, academia, government, corporates, and capital providers. This ecosystem is the perfect breeding ground for transformative technological advancements, with The Engine already boasting 98 resident companies working across 19 Tough Tech industries.