Organization · Venture Capital
Slater Technology Fund
Slater Technology Fund is an evergreen not-for-profit seed fund based in Rhode Island, focusing on early-stage technology ventures. It is recognized as the most active seed-stage investor in the state, supporting local startups with significant follow-on funding.
Overview
What Slater Technology Fund does
What Slater Technology Fund is
Slater Technology Fund is an evergreen not-for-profit seed fund based in Rhode Island, focusing on early-stage technology ventures. It is recognized as the most active seed-stage investor in the state, supporting local startups with significant follow-on funding.
How it participates in the startup ecosystem
The current public profile supports funder and community 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
- Venture Capital
- Founded
- Founded in 1997
- Approximate age
- About 29 years
- Structured capabilities
- Funder · Community
- Last reviewed
- April 24, 2026
Official channels
Find Slater Technology Fund elsewhere
Open the official website or a supported primary organization account.
Capability profile
Slater Technology Fund as a funder
Investment thesis
Slater Technology Fund focuses on seed and early-stage technology ventures in Rhode Island, particularly those affiliated with universities and addressing significant global challenges in life sciences, software, and energy.
Focus narrative
The fund invests primarily in seed- and early-stage technology ventures, with a strong focus on sectors such as software, energy, and life sciences. Slater Technology Fund seeks to identify and support transformative technologies that can make a meaningful impact while fostering economic development in Rhode Island.
Value beyond capital
Slater Technology Fund adds value to its portfolio companies by providing not only capital but also strategic support and access to a network of resources. As an economic-development anchor, it administers public funding initiatives and advocates for innovation in Rhode Island, enhancing the ecosystem for startups.
Focus and fit
- Stages
- Seed
- Regions
- United StatesNorth America
Availability
- Currently deploying
- Yes
Portfolio and track record
- Recorded portfolio count
- 69
- Recorded notable exits
- OVO Energy, Semma Therapeutics, and Bottomline Technologies
Portfolio context
Slater Technology Fund has invested a total of $35.7 million across over 110 ventures, which have collectively raised more than $356.8 million in follow-on funding. Notable recent investments include Octagon Therapeutics, a Brown University spinout in autoimmune biotech, and women's health ventures like Flourish and Egal.
Capability profile
Slater Technology Fund as a community
Community overview
Slater Technology Fund is an evergreen not-for-profit seed fund based in Rhode Island, established to foster new venture development in the region. It focuses on early-stage technology startups that demonstrate high-growth potential, aiming to build and base companies locally. As the most active seed-stage investor in the state, Slater Technology Fund plays a crucial role in the Rhode Island innovation ecosystem.
Community focus
The fund invests in seed- and early-stage technology ventures, particularly in software, energy, and life sciences. Slater Technology Fund seeks transformative technologies that address significant global challenges, emphasizing a commitment to local development and university-affiliated spinouts.
Member value
Members benefit from access to funding, networking opportunities, and support in navigating the startup landscape in Rhode Island. The fund also facilitates follow-on funding for its portfolio companies, enhancing their growth potential.
Membership
- Pricing models
- free
Format and cadence
- Modality
- in-person
- Schedule
- rolling-admissions
- Commitment
- light
Availability
- Membership state
- Accepting
Audience and fit
- Audience
- Founders · Investors
- Benefits
- network-access and grant-funding
- Program types
- community
- Selection criteria
- open
- Stages
- Seed · Seed+
- Sectors
- EnergyHealthcare
- Regions
- United States
Community activity
Notable members
Notable alumni include OVO Energy, Semma Therapeutics (acquired by Vertex Pharma for $950M), and Bottomline Technologies.
Common questions
What to know about Slater Technology Fund
Upseed classifies Slater Technology Fund under the Venture Capital organization type. Its current public profile includes funder and community capabilities.
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 24, 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.