# U.S. Department of Commerce Portfolio Map 2026: 32 Startups by Sector

> U.S. Department of Commerce's portfolio mapped: 32 startups it has backed, in 5 sectors from Nonprofit, Biotech and Edtech on.

Source: https://millionrounds.com/portfolio-maps/u-s-department-of-commerce-portfolio-map (Millionrounds; every figure on the page links to its filing or article)

## Nonprofit

12

- [Platform for Social Impact](https://millionrounds.com/company/platform-for-social-impact)
- [Persevere](https://millionrounds.com/company/persevere)
- [Parallax Advanced Research](https://millionrounds.com/company/parallax-advanced-research)
- [The Split Second Foundation](https://millionrounds.com/company/the-split-second-foundation)
- [Wabash Heartland Innovation Network](https://millionrounds.com/company/wabash-heartland-innovation-network)
- [Launch NY](https://millionrounds.com/company/launch-ny)
- [Innovation Space](https://millionrounds.com/company/innovation-space)
- [Friends of Puerto Rico](https://millionrounds.com/company/friends-of-puerto-rico)
- [Greater MSP](https://millionrounds.com/company/greater-msp)
- [ThriveHI](https://millionrounds.com/company/thrivehi)
- [Startup Tucson](https://millionrounds.com/company/startup-tucson)
- [The Company Lab](https://millionrounds.com/company/the-company-lab)

## Biotech

7

- [Advanced Regenerative Manufacturing Institute](https://millionrounds.com/company/advanced-regenerative-manufacturing-institute)
- [BioSTL](https://millionrounds.com/company/biostl)
- [LabCentral](https://millionrounds.com/company/labcentral)
- [University Lab Partners](https://millionrounds.com/company/university-lab-partners)
- [LifeX](https://millionrounds.com/company/lifex)
- [Mansfield Bio-Incubator](https://millionrounds.com/company/mansfield-bio-incubator)
- [Ri Bio](https://millionrounds.com/company/ri-bio)

## Edtech

6

- [V-GaN Tech Hub](https://millionrounds.com/company/v-gan-tech-hub)
- [The University of New Mexico Taos](https://millionrounds.com/company/the-university-of-new-mexico-taos)
- [Philadelphia Works](https://millionrounds.com/company/philadelphia-works)
- [Iowa EdTech Collaborative](https://millionrounds.com/company/iowa-edtech-collaborative)
- [UNeTech Institute](https://millionrounds.com/company/unetech-institute)
- [Rung for Women](https://millionrounds.com/company/rung-for-women)

## Community

4

- [Tulsa Hub for Equitable and Trustworthy Autonomy](https://millionrounds.com/company/tulsa-hub-for-equitable-and-trustworthy-autonomy)
- [Shaping Our Appalachian Region](https://millionrounds.com/company/shaping-our-appalachian-region)
- [PA Wilds Center for Entrepreneurship](https://millionrounds.com/company/pa-wilds-center-for-entrepreneurship)
- [Codefi Works](https://millionrounds.com/company/codefi-works)

## IT Services

3

- [ClimateReady Tech Hub](https://millionrounds.com/company/climateready-tech-hub)
- [Advanced Robotics for Manufacturing Institute](https://millionrounds.com/company/advanced-robotics-for-manufacturing-institute)
- [Miami Tech Works](https://millionrounds.com/company/miami-tech-works)

## Segment by segment

### Nonprofit

12 startups · $53M raised

- [**Platform for Social Impact**](https://millionrounds.com/company/platform-for-social-impact) Platform for Social Impact focuses on family economic mobility. Puerto Rico $30M
- [**Persevere**](https://millionrounds.com/company/persevere) Persevere, a 501(c)(3) non-profit organization with a mission to support at-risk and justice-impacted individuals. United States $15M
- [**Parallax Advanced Research**](https://millionrounds.com/company/parallax-advanced-research) Parallax Advanced Research provides security, research and business solutions for government, academic institutions, and industry clients. United States $1.9M
- [**The Split Second Foundation**](https://millionrounds.com/company/the-split-second-foundation) The Split Second Foundation aims to provide comprehensive care, resources, education, and advocacy to persons with disabilities. United States $1.8M
- [**Wabash Heartland Innovation Network**](https://millionrounds.com/company/wabash-heartland-innovation-network) Wabash Heartland Innovation Network is a civic & social networking service company United States $1.0M
- [**Launch NY**](https://millionrounds.com/company/launch-ny) Launch NY is a U.S. United States $1.0M
- [**Innovation Space**](https://millionrounds.com/company/innovation-space) Innovation Space is where Science and New Businesses Take Root & Meet the Real World. United States $750K
- [**Friends of Puerto Rico**](https://millionrounds.com/company/friends-of-puerto-rico) Friends of Puerto Rico is a non-partisan, non-profit social impact organization. United States $600K

### Biotech

7 startups · $95M raised

- [**Advanced Regenerative Manufacturing Institute**](https://millionrounds.com/company/advanced-regenerative-manufacturing-institute) Advanced Regenerative Manufacturing Institute is a member-based nonprofit organization. United States $44M
- [**BioSTL**](https://millionrounds.com/company/biostl) Since 2001, St. United States $32M
- [**LabCentral**](https://millionrounds.com/company/labcentral) LabCentral developing novel cancer treatments: Conkwest, Inc, headquartered in DelMar, California, is opening its research laborat United States $13M
- [**University Lab Partners**](https://millionrounds.com/company/university-lab-partners) University Lab Partners is a non-profit wet lab facility that helps companies by providing access to research capabilities and resources. United States $2.0M
- [**LifeX**](https://millionrounds.com/company/lifex) LifeX helps early-stage life sciences companies align commercialization, capital, infrastructure, and resources. United States $2.0M
- [**Mansfield Bio-Incubator**](https://millionrounds.com/company/mansfield-bio-incubator) Mansfield Bio-Incubator is a biotechnology company that provides laboratory instruments with maintenance and technical support. United States $1.3M
- [**Ri Bio**](https://millionrounds.com/company/ri-bio) Ri Bio is a trade association and hub for the life sciences that provides access to capital and creates industry connections. United States $4K

### Edtech

6 startups · $5.4M raised

- [**V-GaN Tech Hub**](https://millionrounds.com/company/v-gan-tech-hub) V-GaN Tech Hub strengthens Vermont's innovation culture by encouraging possibilities in education, research, and commerce. United States $3.4M
- [**The University of New Mexico Taos**](https://millionrounds.com/company/the-university-of-new-mexico-taos) The University of New Mexico Taos is an open-access, student-centered, low-cost college. United States $701K
- [**Philadelphia Works**](https://millionrounds.com/company/philadelphia-works) Philadelphia Works develops and manages workforce solutions that respond to business needs and increase economic opportunity. United States $393K
- [**Iowa EdTech Collaborative**](https://millionrounds.com/company/iowa-edtech-collaborative) Iowa EdTech Collaborative is a network of internationally-known education companies. - $393K
- [**UNeTech Institute**](https://millionrounds.com/company/unetech-institute) UNeTech Institute is an entrepreneurial support organization, University-Supported Startup Incubator. United States $300K
- [**Rung for Women**](https://millionrounds.com/company/rung-for-women) Rung for Women works with employers who use geospatial technology to meet their workforce needs. United States $250K

### Community

4 startups · $92M raised

- [**Tulsa Hub for Equitable and Trustworthy Autonomy**](https://millionrounds.com/company/tulsa-hub-for-equitable-and-trustworthy-autonomy) The Tulsa Hub for Equitable and Trustworthy Autonomy is a regional effort that addresses national security concerns. United States $51M
- [**Shaping Our Appalachian Region**](https://millionrounds.com/company/shaping-our-appalachian-region) Shaping Our Appalachian Region assists community-based initiatives, activities, and advocacy. United States $40M
- [**PA Wilds Center for Entrepreneurship**](https://millionrounds.com/company/pa-wilds-center-for-entrepreneurship) PA Wilds Center for Entrepreneurship is to integrate conservation and economic development in a way that strengthens communities. United States $387K
- [**Codefi Works**](https://millionrounds.com/company/codefi-works) Codefi Works develops an ecosystem to train workers and entrepreneurs to build and expand the digital economies of rural communities. United States $321K

### IT Services

3 startups · $44M raised

- [**ClimateReady Tech Hub**](https://millionrounds.com/company/climateready-tech-hub) ClimateReady Tech Hub develops solutions to address how the environment and humanity are changing. United States $20M
- [**Advanced Robotics for Manufacturing Institute**](https://millionrounds.com/company/advanced-robotics-for-manufacturing-institute) ARM is the nation’s leading collaborative in robotics and workforce innovation. United States $14M
- [**Miami Tech Works**](https://millionrounds.com/company/miami-tech-works) Miami Tech Works focuses on creating a long-term tech talent pipeline that will benefit South Florida employers. United States $10M

**How this map is made.** Every startup here has raised money in a round we track that names U.S. Department of Commerce as an investor, the first in 2021. Each sits under its main sector, read from its rounds, and each sector shows its best-funded first; sectors with fewer than three companies are left off. Rebuilt nightly; updated 15 November 2026.

## More portfolio maps

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

[Government fund · United States **National Science Foundation** 988 startups · 12 sectors · $10B](https://millionrounds.com/portfolio-maps/nsf-small-business-innovation-research-small-business-techno-portfolio-map)[Government fund · United States **US Department of Energy** 259 startups · 12 sectors · $38B](https://millionrounds.com/portfolio-maps/u-s-department-of-energy-portfolio-map)[Government fund · United States **National Institutes of Health** 232 startups · 7 sectors · $3.3B](https://millionrounds.com/portfolio-maps/national-institutes-of-health-portfolio-map)[Government fund · United States **International Finance Corporation** 134 startups · 12 sectors · $23B](https://millionrounds.com/portfolio-maps/international-finance-corporation-ifc-portfolio-map)[Government fund · United States **Connecticut Innovations** 93 startups · 12 sectors · $2.5B](https://millionrounds.com/portfolio-maps/connecticut-innovations-portfolio-map)[Government fund · United States **Innovation Works** 88 startups · 12 sectors · $1.2B](https://millionrounds.com/portfolio-maps/innovation-works-portfolio-map)

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