About
Connecticut Innovations, Inc. is a venture capital firm headquartered in New Haven, Connecticut, and founded in 1989. The firm operates with a dual mandate to generate market-rate returns on investments while creating economic value for the state of Connecticut. Connecticut Innovations functions as Connecticut's primary venture capital fund, focusing on seed-stage, early-stage, and later-stage technology-driven companies based in the state. The firm's equity group operates much like a private sector VC firm, maintaining professional investment standards and governance practices. Connecticut Innovations invests across a broad range of sectors including biotechnology, healthcare, medical equipment, software, IT services, financial services, media and entertainment, semiconductors, computer hardware, networking, industrial and energy products, business and consumer products, real estate, and retailing and distribution. The firm's investment approach emphasizes working closely with portfolio companies to support growth and expansion through flexible funding solutions and operational guidance. Connecticut Innovations maintains a significant co-investor network that includes Advantage Capital, the National Institutes of Health (NIH), and the Department of Health and Human Services (HHS), indicating deep connections within both private and public funding ecosystems. For founders, the firm provides not only capital but strategic support aimed at maximizing company potential and creating sustainable economic impact within Connecticut's startup ecosystem. For investors, Connecticut Innovations offers exposure to early and growth-stage technology companies with geographic and sectoral diversification across Connecticut's emerging industries.