# Who Invests With MassChallenge: 193 Co-Investors (2026)

> The 193 investors that have backed two or more of the same startups as MassChallenge, by kind: vc firms, accelerators and government funds.

Source: https://millionrounds.com/portfolio-maps/masschallenge-co-investors (Millionrounds; every figure on the page links to its filing or article)

## VC firms

127

- [Techstars](https://millionrounds.com/fund/techstars)
- [MassVentures](https://millionrounds.com/fund/massventures)
- [Right Side Capital Management](https://millionrounds.com/fund/right-side-capital-management)
- [Alumni Ventures](https://millionrounds.com/fund/us-strategic-tech-fund-an-alumni-ventures-fund)
- [Innovate UK](https://millionrounds.com/fund/innovate-uk)
- [*E* EISMEA](https://millionrounds.com/fund/eismea)
- [K Fund](https://millionrounds.com/fund/kfund)
- [SOSV](https://millionrounds.com/fund/sosv)
- [*MC* Massachusetts Clean Energy Center](https://millionrounds.com/fund/massachusetts-clean-energy-center)
- [Bantam Group](https://millionrounds.com/fund/bantam-group)
- [Verve Ventures](https://millionrounds.com/fund/verve-ventures)
- [Draper Associates](https://millionrounds.com/fund/draper-associates)
- [Elevate Ventures](https://millionrounds.com/fund/elevate-ventures-3)
- [Gener8tor](https://millionrounds.com/fund/gener8tor)
- [Flybridge](https://millionrounds.com/fund/flybridge)
- [CDP Venture Capital](https://millionrounds.com/fund/cdp-venture-capital)
- [*S* Sting](https://millionrounds.com/fund/sting)
- [Crowdcube](https://millionrounds.com/fund/crowdcube)
- [Mucker Capital](https://millionrounds.com/fund/mucker-capital)
- [BDC Capital](https://millionrounds.com/fund/bdc-venture-capital)
- [Liquid 2 Ventures](https://millionrounds.com/fund/liquid-2-ventures)
- [Foundry Group](https://millionrounds.com/fund/foundry)
- [*H2* Horizon 2020](https://millionrounds.com/fund/horizon-2020)
- [Bossa Invest](https://millionrounds.com/fund/bossa-invest)

+103 more

## Accelerators

23

- [Venture Kick](https://millionrounds.com/fund/venture-kick)
- [Y Combinator](https://millionrounds.com/fund/y-combinator)
- [Google for Startups](https://millionrounds.com/fund/google-for-startups)
- [MedTech Innovator](https://millionrounds.com/fund/medtech-innovator)
- [Plug and Play](https://millionrounds.com/fund/plug-and-play)
- [EIT Food RisingFoodstars](https://millionrounds.com/fund/eit-food-risingfoo)
- [Creative Destruction Lab](https://millionrounds.com/fund/creative-destruction-lab)
- [Cleantech Open](https://millionrounds.com/fund/cleantech-open)
- [SixThirty](https://millionrounds.com/fund/sixthirty)
- [Village Capital](https://millionrounds.com/fund/village-capital)
- [Expert Dojo](https://millionrounds.com/fund/expert-dojo)
- [SVG Ventures](https://millionrounds.com/fund/svg-ventures)
- [VentureOut](https://millionrounds.com/fund/ventureout)
- [Luminate](https://millionrounds.com/fund/luminate-accelerator)
- [43North](https://millionrounds.com/fund/43north)
- [Gbeta](https://millionrounds.com/fund/gbeta)
- [Berkeley SkyDeck](https://millionrounds.com/fund/berkeley-skydeck)
- [Alchemist Accelerator](https://millionrounds.com/fund/alchemist-accelerator)
- [Brinc](https://millionrounds.com/fund/brinc)
- [AcceliCITY powered by Leading Cities](https://millionrounds.com/fund/accelicity-powered-by-leading-cities)
- [Founders Factory](https://millionrounds.com/fund/founder-s-factory)
- [Tenity](https://millionrounds.com/fund/tenity)
- [Carbon13](https://millionrounds.com/fund/carbon13)

## Government funds

14

- [National Science Foundation](https://millionrounds.com/fund/nsf-small-business-innovation-research-small-business-techno)
- [EIC Accelerator](https://millionrounds.com/fund/eic-accelerator)
- [Innosuisse](https://millionrounds.com/fund/innosuisse)
- [National Institutes of Health](https://millionrounds.com/fund/national-institutes-of-health)
- [US Department of Energy](https://millionrounds.com/fund/u-s-department-of-energy)
- [Small Business Innovation Research](https://millionrounds.com/fund/small-business-innovation-research)
- [EASME - EU Executive Agency for SMEs](https://millionrounds.com/fund/easme-eu-executi)
- [CORFO](https://millionrounds.com/fund/corfo)
- [Connecticut Innovations](https://millionrounds.com/fund/connecticut-innovations)
- [California Energy Commission](https://millionrounds.com/fund/california-energy)
- [Scottish Enterprise](https://millionrounds.com/fund/scottish-enterprise)
- [European Investment Bank](https://millionrounds.com/fund/european-investment-bank)
- [Korea Tech Incubator Program For Startup](https://millionrounds.com/fund/tips-program)
- [Innovation Works](https://millionrounds.com/fund/innovation-works)

## Angels and networks

10

- [*5G* 500 Global](https://millionrounds.com/fund/500-startups)
- [SICTIC](https://millionrounds.com/fund/sictic)
- [Boston Seed Capital](https://millionrounds.com/fund/boston-seed-capital)
- [37 Angels](https://millionrounds.com/fund/37-angels)
- [Innovestor](https://millionrounds.com/fund/innovestor)
- [*ER* Eric Ries](https://millionrounds.com/fund/eric-ries)
- [Cherrystone Angel](https://millionrounds.com/fund/cherrystone-angel-group)
- [SFC Capital](https://millionrounds.com/fund/sfc-capital)
- [24 Haymarket](https://millionrounds.com/fund/24haymarket)
- [*JB* Jay Batson](https://millionrounds.com/fund/jay-batson)

## Corporate investors

9

- [Kickfund](https://millionrounds.com/fund/kickfund)
- [Wayra](https://millionrounds.com/fund/wayra)
- [Wells Fargo](https://millionrounds.com/fund/wells-fargo-bank-office)
- [Intel Capital](https://millionrounds.com/fund/intel-capital)
- [Swisscom Ventures](https://millionrounds.com/fund/swisscom-ventures)
- [BDMI](https://millionrounds.com/fund/1745-ventures)
- [Salesforce Ventures](https://millionrounds.com/fund/salesforce-ventures)
- [Samsung Next](https://millionrounds.com/fund/samsung-next)
- [Visa](https://millionrounds.com/fund/visa)

## Private equity and asset managers

7

- [Gaingels](https://millionrounds.com/fund/gaingels)
- [Artesian VC](https://millionrounds.com/fund/artesian)
- [UNITED, Inc.](https://millionrounds.com/fund/united)
- [Goldman Sachs](https://millionrounds.com/fund/goldman-sachs)
- [Perceptive Advisors](https://millionrounds.com/fund/perceptive-advisors)
- [IDG Capital](https://millionrounds.com/fund/idg-capital)
- [TCG](https://millionrounds.com/fund/tcg)

## Growth funds

3

- [Citibank](https://millionrounds.com/fund/citi)
- [S2G Investments](https://millionrounds.com/fund/s2g-investments)
- [Catalyst Fund](https://millionrounds.com/fund/catalyst-fund-2)

## Segment by segment

### VC firms

127 investors

- [**Techstars**](https://millionrounds.com/fund/techstars) VC firm United States 50 backed
- [**MassVentures**](https://millionrounds.com/fund/massventures) VC firm United States 17 backed
- [**Right Side Capital Management**](https://millionrounds.com/fund/right-side-capital-management) VC firm United States 13 backed
- [**Alumni Ventures**](https://millionrounds.com/fund/us-strategic-tech-fund-an-alumni-ventures-fund) VC firm United States 13 backed
- [**Innovate UK**](https://millionrounds.com/fund/innovate-uk) VC firm United Kingdom 11 backed
- [*E* **EISMEA**](https://millionrounds.com/fund/eismea) Investment firm - 11 backed
- [**K Fund**](https://millionrounds.com/fund/kfund) VC firm Spain 10 backed
- [**SOSV**](https://millionrounds.com/fund/sosv) VC firm United States 10 backed

### Accelerators

23 investors

- [**Venture Kick**](https://millionrounds.com/fund/venture-kick) Accelerator Switzerland 23 backed
- [**Y Combinator**](https://millionrounds.com/fund/y-combinator) Accelerator United States 22 backed
- [**Google for Startups**](https://millionrounds.com/fund/google-for-startups) Accelerator United States 16 backed
- [**MedTech Innovator**](https://millionrounds.com/fund/medtech-innovator) Accelerator United States 10 backed
- [**Plug and Play**](https://millionrounds.com/fund/plug-and-play) Accelerator United States 7 backed
- [**EIT Food RisingFoodstars**](https://millionrounds.com/fund/eit-food-risingfoo) Accelerator Belgium 7 backed
- [**Creative Destruction Lab**](https://millionrounds.com/fund/creative-destruction-lab) Accelerator Canada 7 backed
- [**Cleantech Open**](https://millionrounds.com/fund/cleantech-open) Accelerator United States 6 backed

### Government funds

14 investors

- [**National Science Foundation**](https://millionrounds.com/fund/nsf-small-business-innovation-research-small-business-techno) Government fund United States 65 backed
- [**EIC Accelerator**](https://millionrounds.com/fund/eic-accelerator) Government fund European Union 15 backed
- [**Innosuisse**](https://millionrounds.com/fund/innosuisse) Government fund Switzerland 13 backed
- [**National Institutes of Health**](https://millionrounds.com/fund/national-institutes-of-health) Government fund United States 12 backed
- [**US Department of Energy**](https://millionrounds.com/fund/u-s-department-of-energy) Government fund United States 9 backed
- [**Small Business Innovation Research**](https://millionrounds.com/fund/small-business-innovation-research) Government fund United States 5 backed
- [**EASME - EU Executive Agency for SMEs**](https://millionrounds.com/fund/easme-eu-executi) Government fund Belgium 4 backed
- [**CORFO**](https://millionrounds.com/fund/corfo) Government fund Chile 3 backed

### Angels and networks

10 investors

- [*5G* **500 Global**](https://millionrounds.com/fund/500-startups) Angel investor United States 12 backed
- [**SICTIC**](https://millionrounds.com/fund/sictic) Angel network Switzerland 8 backed
- [**Boston Seed Capital**](https://millionrounds.com/fund/boston-seed-capital) Angel network United States 3 backed
- [**37 Angels**](https://millionrounds.com/fund/37-angels) Angel network United States 3 backed
- [**Innovestor**](https://millionrounds.com/fund/innovestor) Angel network Finland 2 backed
- [*ER* **Eric Ries**](https://millionrounds.com/fund/eric-ries) Angel investor - 2 backed
- [**Cherrystone Angel**](https://millionrounds.com/fund/cherrystone-angel-group) Angel network United States 2 backed
- [**SFC Capital**](https://millionrounds.com/fund/sfc-capital) Angel network United Kingdom 2 backed

### Corporate investors

9 investors

- [**Kickfund**](https://millionrounds.com/fund/kickfund) Corporate investor Switzerland 6 backed
- [**Wayra**](https://millionrounds.com/fund/wayra) Corporate investor Germany 4 backed
- [**Wells Fargo**](https://millionrounds.com/fund/wells-fargo-bank-office) Corporate investor United States 2 backed
- [**Intel Capital**](https://millionrounds.com/fund/intel-capital) Corporate investor United States 2 backed
- [**Swisscom Ventures**](https://millionrounds.com/fund/swisscom-ventures) Corporate investor Switzerland 2 backed
- [**BDMI**](https://millionrounds.com/fund/1745-ventures) Corporate investor United States 2 backed
- [**Salesforce Ventures**](https://millionrounds.com/fund/salesforce-ventures) Corporate investor United States 2 backed
- [**Samsung Next**](https://millionrounds.com/fund/samsung-next) Corporate investor United States 2 backed

### Private equity and asset managers

7 investors

- [**Gaingels**](https://millionrounds.com/fund/gaingels) Private equity United States 14 backed
- [**Artesian VC**](https://millionrounds.com/fund/artesian) Asset manager Australia 3 backed
- [**UNITED, Inc.**](https://millionrounds.com/fund/united) Hedge fund Japan 2 backed
- [**Goldman Sachs**](https://millionrounds.com/fund/goldman-sachs) Private equity United States 2 backed
- [**Perceptive Advisors**](https://millionrounds.com/fund/perceptive-advisors) Asset manager United States 2 backed
- [**IDG Capital**](https://millionrounds.com/fund/idg-capital) Private equity China 2 backed
- [**TCG**](https://millionrounds.com/fund/tcg) Private equity United States 2 backed

### Growth funds

3 investors

- [**Citibank**](https://millionrounds.com/fund/citi) Growth fund United States 4 backed
- [**S2G Investments**](https://millionrounds.com/fund/s2g-investments) Growth fund United States 2 backed
- [**Catalyst Fund**](https://millionrounds.com/fund/catalyst-fund-2) Growth fund United States 2 backed

**How this map is made.** Every investor here has backed two or more of the same startups as MassChallenge, in rounds we track. Grouped by kind, each ranked by how many startups it shares with MassChallenge. Rebuilt nightly; updated 15 November 2026.

## More portfolio maps

[All portfolios](https://millionrounds.com/portfolio-maps)

[Portfolio map **MassChallenge portfolio map** 385 startups · $5.0B](https://millionrounds.com/portfolio-maps/masschallenge-portfolio-map)[Sector portfolio **MassChallenge's Healthtech portfolio** 77 startups · $395M](https://millionrounds.com/portfolio-maps/masschallenge-healthtech-portfolio)[Sector portfolio **MassChallenge's Biotech portfolio** 68 startups · $1.2B](https://millionrounds.com/portfolio-maps/masschallenge-biotech-portfolio)[Sector portfolio **MassChallenge's AI portfolio** 58 startups · $2.0B](https://millionrounds.com/portfolio-maps/masschallenge-ai-portfolio)[Investments abroad **MassChallenge's investments in Switzerland** 40 startups · $210M](https://millionrounds.com/portfolio-maps/masschallenge-investments-switzerland)[Investments abroad **MassChallenge's investments in the United Kingdom** 32 startups · $385M](https://millionrounds.com/portfolio-maps/masschallenge-investments-united-kingdom)

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