Organization · Incubator

InnoVenture Labs

InnoVenture Labs is a non-profit startup incubator based in Beverly, Massachusetts, established in 2008. It accelerates early-stage biotech and cleantech companies by providing lab space, equipment, mentoring, and business programming.

IncubatorFunderProgram host

Overview

What InnoVenture Labs does

What InnoVenture Labs is

InnoVenture Labs is a non-profit startup incubator based in Beverly, Massachusetts, established in 2008. It accelerates early-stage biotech and cleantech companies by providing lab space, equipment, mentoring, and business programming.

How it participates in the startup ecosystem

The current public profile supports funder and program host capabilities. Each capability below is shown separately so organization identity and role-specific information do not get conflated.

Operational profile

Organization status and context

Organization status describes the entity itself. Funding and program availability appear within the relevant capability profile.

Operational status
Active
Organization type
Incubator
Founded
Founded in 2008
Approximate age
About 18 years
Structured capabilities
Funder · Program host
Last reviewed
April 11, 2026
What Incubator means

An incubator is a support environment for turning a nascent idea or early company into a startup that is more ready for customers, funding, or an accelerator.

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Official channels

Find InnoVenture Labs elsewhere

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Capability profile

InnoVenture Labs as a funder

Investment thesis

InnoVenture Labs supports early-stage companies in the biotech and cleantech sectors, providing essential resources and infrastructure to enhance their chances of success.

Focus narrative

InnoVenture Labs invests in early-stage companies primarily in the biotech and cleantech sectors. The organization provides incubation services, including access to laboratory facilities, equipment, and business acceleration services. Their focus is on fostering innovation and economic growth in the North Shore region of Massachusetts.

Value beyond capital

InnoVenture Labs provides incubation services, access to laboratory space, business resources, and mentorship programs to support startups in their growth and development.

Focus and fit

Stages
Pre-seed · Seed · Seed+ · Series A

Availability

Currently deploying
Yes

Portfolio and track record

Portfolio context

Notable companies that have graduated from InnoVenture Labs include: Arctic Sand Technologies: Developed technology for efficient DC voltage regulation on circuit boards and raised $6.6 million in funding. CrowdComfort: A clean energy technology company that raised $273,000 in seed funding to crowdsource building maintenance and comfort reporting. Akrivis Technologies: Awarded a Phase I SBIR contract by the NIH/NCI for developing a drug delivery system targeting cancer stem cells. Cytoo S.A.: Presented findings on their 2D+ Cell Culture Platform, which enhances cell-based assays.

Capability profile

InnoVenture Labs as a program host

Program thesis

InnoVenture Labs is a non-profit technology incubator focused on supporting early-stage companies in the biotech and cleantech sectors.

Focus narrative

InnoVenture Labs invests in early-stage companies primarily in the biotech and cleantech sectors. The organization provides incubation services, including access to laboratory facilities, equipment, and business acceleration services. Their focus is on fostering innovation and economic growth in the North Shore region of Massachusetts.

Value and support

InnoVenture Labs offers incubation services, access to laboratory space, business resources, and mentorship programs connecting entrepreneurs with experienced mentors.

Availability

Application state
Not published

Focus and fit

Stages
Pre-seed · Seed

Alumni and track record

Alumni context

Notable companies that have graduated from InnoVenture Labs include Arctic Sand Technologies, which developed technology for efficient DC voltage regulation on circuit boards; CrowdComfort, a clean energy technology company; Akrivis Technologies, awarded a Phase I SBIR contract for developing a drug delivery system targeting cancer stem cells; and Cytoo S.A., known for their 2D+ Cell Culture Platform.

Common questions

What to know about InnoVenture Labs

Upseed classifies InnoVenture Labs under the Incubator organization type. Its current public profile includes funder and program host capabilities.

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Source and update disclosure

Know what this page is based on

Source basis

Public organization and program material, official websites, and structured Upseed records.

Last reviewed

April 11, 2026

Known limits

Capability profiles appear only when a structured public profile also contains decision-useful role evidence. Terms and availability can change.

Upseed is an independent guide. It is not affiliated with or endorsed by the organization described on this page.