United States · 
What does Innovation Works invest in?
Innovation Works invests most often at Seed and Venture (80% of the rounds on record), in sectors such as Sustainable Development Goals, Sustainable and Social.
Innovation Works highlights
- 01
15 cheques in the last 12 months
- 02
Mostly Seed and Venture: 80% of its rounds
- 03
Sole investor in 177 rounds, median $500K
- 04
10 exits from the portfolio
What they do
- Type
- Government (from a list, unverified)
- Cheque size
- $100K – $300K as they say
- Stages
- Pre-seedSeedSeries ASeries BGrowth
- Sectors
- Sustainable Development GoalsSustainableSocial
- Based in
- Pittsburgh, United States
- Cold pitches
- Not stated
The record
Every round we can evidence, newest first321 appearances
- 2026
13 rounds
- Sept
- Sept
- Jul
- Jul
- Jul
- Jul
- Jun
- May
- Apr
- Mar
- Mar
- Feb
- Jan
- 2025
18 rounds
- Dec
- Nov
- Oct
- Oct
- Oct
- Oct
- Oct
- Sept
- Sept
- Jul
- Jul
- Jun
- Jun
- Jun
- Mar
- Mar
- Feb
- Feb
- 2024
21 rounds
- Nov
- Nov
- Nov
- Oct
- Sept
- Sept
- Sept
- Sept
- Aug
An announcement gives the size of the round, not the size of this investor's cheque: the only rounds that imply a cheque are those where they were the sole named investor.
The team
Named by the firm itself, on a filing, its Form ADV or its company registration8 named
CLChristine LangExecutive OfficeriFiling they signed
CEChristoforos EvdaimonExecutive OfficeriFiling they signed
EZEagle ZhangExecutive OfficeriFiling they signed
HWHua WangExecutive OfficeriFiling they signed
JQJohn QiuExecutive OfficeriFiling they signed
KLKai-Fu LeeDirector of General Partner of General PartneriFiling they signed
NTNing TaoExecutive OfficeriFiling they signed
PLPeter LiuDirector of General Partner of General PartneriFiling they signed
We also hold 44 people at this firm from the lists this database was built from: a weaker source than the filings, since a list does not say when a title ended. Login to see them.
What they claim to have backed
From their own portfolio page (on their website)
5 of 14 we have independently watched raise
AccipitersystemsAdrichAdvanced OptronicsAethonBabylistAcceldxlabActivaidedAdSkateAdmirraFlirIcxtTherobotreportUppababycomplete this request
Weaker than a round we watched, stronger than a list somebody sold us. A firm is far less willing to put a company on its own site that it never funded.
Exits from the portfolio
Companies it backed that were later bought or listed10 in all
Safaba Translation SolutionsBought by AmazonUndisclosedSept 2015
PlextronicsBought by SolvayUndisclosedMar 2014
BPL GlobalBought by QualitrolUndisclosedSept 2013
Compliance AssuranceBought by StoneRiverUndisclosedNov 2012
VivisimoBought by IBM (International Business Machines)UndisclosedApr 2012
ImpactGamesBought by Hybrid Learning SystemsUndisclosedAug 2010
BitArmor SystemsBought by Trustwave HoldingsUndisclosedJan 2010
An exit counts when it came after the firm's first round in the company. From historical deal records.