Battelle Ventures

Battelle Ventures, L.P., in conjunction with its affiliate fund, Innovation Valley Partners (IVP), operates as a specialized venture capital firm with a combined $255 million under management. Based in Trenton, New Jersey, the firm's core mission is to identify and commercialize groundbreaking technologies emerging from national laboratories and leading research institutions, with a particular emphasis on innovations connected to the Battelle Memorial Institute. This unique focus positions Battelle Ventures as a key player in translating cutting-edge scientific discoveries into viable commercial enterprises.

The firm primarily targets early-stage companies, typically participating in Seed, Series A, and Series B rounds. Their investment mandate spans critical deep technology sectors, including renewable energy, advanced materials, information technology, and life sciences. Battelle Ventures is not merely a capital provider; it leverages its deep industry connections, technical expertise, and the vast resources of the Battelle ecosystem to support its portfolio companies. This strategic partnership approach helps startups navigate the complex journey from lab-scale prototypes to market-ready products, offering guidance on intellectual property, market strategy, and team building.

Battelle Ventures aims to foster the growth of companies that can address significant market needs and create substantial societal impact through scientific advancement. While specific initial check sizes can vary based on the stage and capital intensity of the technology, the firm typically provides initial investments ranging from $1 million to $5 million, with reserves for follow-on funding to support continued growth and development. Their commitment extends beyond initial funding, often participating in subsequent rounds to ensure the long-term success of their portfolio. The firm's disciplined approach to technology commercialization underscores its role in bridging the gap between scientific innovation and market application.