MassMutual Ventures

Welcome to the portfolio, Crux! We're thrilled to share our investment in their $50M Series B, led by Lowercarbon Capital, with participation from Andreessen Horowitz, Ardent Venture Partners, Liberty Mutual Strategic Ventures, OMERS Ventures, and Giant Ventures, among others. Crux launched in early 2023 to supercharge the clean economy by making capital markets more liquid, efficient, and intelligent. The company first tackled the nascent transferable tax credits market: developing the central marketplace for transfers, assembling an expert team, and providing leading market intelligence to help developers and manufacturers exchange tax credits for private sector investment into their companies. To date, Crux has facilitated more than 70 transactions totalling billions of dollars in tax credits across advanced manufacturing, battery storage, bioenergy, critical minerals, geothermal, hydropower, microgrids, solar, and wind. More than 630 market participants use Crux’s platform.   With this new round, Crux will continue to build the market’s central software platform — a shared destination for all parties that offers transparency, transaction standards, and tools to facilitate efficient deal execution. To do so, Crux will rapidly expand its team, explore opportunities for organic and inorganic growth, and lean on the latest technology, including artificial intelligence. Congrats Alfred Johnson, Allen Kramer, and the entire Crux team! 🚀 #vc #venturecapital #venturefunding #startup #startups #seriesb #climatetechnology #climatetech Timothy Krysiek Charles Svirk Kara Burns Aram Ouligian Karl Beinkampen https://lnkd.in/gUgvhx9g

Welcome to the portfolio, VIA! We're excited to share that we've invested in their $28M Series B round led by Bosch Ventures, and with participation from BMW i Ventures and Sentinel Global. VIA is the leader in decentralized, enterprise-scale data and identity protection. The U.S. Department of Defense and Fortune 100 companies worldwide trust VIA to provide the highest security technologies to safeguard their most critical assets. Backed by 18 issued patents, VIA’s data-centric platform is quantum-resistant, passwordless, and easy to implement, maintain, and use. Charles Svirk, Partner at MassMutual Ventures notes, “We have extensive knowledge of sensitive, regulated data and have been long-time investors in enterprise infrastructure, fintech, and security software. VIA’s solutions stand out with their decentralized Web3, quantum-resistant architecture by powering seamless interoperability across software connections and hardware endpoints. We look forward to supporting VIA’s enterprise growth through MassMutual’s connections in the energy, real estate and infrastructure sectors.” Congrats Colin Gounden, Kate Ravanis, and the entire VIA team! 🚀 #vc #venturecapital #venturefunding #startup #startups #seriesb #dataprivacy #identityprotection #datasecurity #web3 #decentralization Timothy Krysiek Kara Burns Aram Ouligian Karl Beinkampen

MMV's Europe and APAC team is so excited to continue backing HelloBetter, this time in their €6M round led by Mutuelles Impact (XAnge) with participation from HealthCap, Expon Capital and Dieter von Holtzbrinck Ventures. HelloBetter is a pioneer in digital mental health research, offering ten online therapy programmes addressing both common mental health conditions such as depression, insomnia, and panic disorders, as well as underserved conditions, including vaginismus and chronic pain. With six officially approved PDTx in Germany, 30+ clinical trials, and 120,000+ patients helped, HelloBetter is setting the standard for digital mental health care. This latest funding will enable the company to become a household name for mental health in Germany, launch new, innovative products, and, with the support of XAnge and its 65 Mutuelles partners, bring their proven digital mental health solutions to the French market. Congrats Hannes Klöpper, Dr. Elena Heber, Philip Ihde, Dr. Hanne Horvath, Amit Gupta, Pierre Alexis Cantegril, Saman Hashemian, and the entire HelloBetter team! 🚀 #vc #venturecapital #venturefunding #startup #startups #mentalhealth #healthtech #digitalhealth Ryan Collins Alix Brunet Yara Alenazi Maximilian Stemper Anvesh Ramineni Carlos Jo Loo Cheryl Teo Weijian Chen Vivian Zhang

We're excited to continue our support of XUND by participating in their €6M Pre-Series A round led by Lead Ventures with additional participation from J&T Ventures, LANA Ventures, and tba network. This latest funding will help accelerate XUND’s expansion across Europe, with a strategic focus on its core markets in DACH and the UK. Founded in Vienna in 2018, XUND is a healthtech scale-up that specializes in developing Software as a Medical Device (SaMD), enabling digital interactions from prevention to diagnosis. With the vision of bringing clarity to the most important decisions in healthcare, XUND’s products are already used by leading insurers, hospitals, and pharmaceutical companies as the first digital point of contact. A HUGE congrats to Tamás Petrovics, Lukas Seper, Dr. Zoltán Tarabó, and the entire XUND team! 🚀 #vc #venturecapital #startup #startups #venturefunding #healthtech #healthcare #samd Yara Alenazi Maximilian Stemper Alix Brunet Carlos Jo Loo Weijian Chen Cheryl Teo Vivian Zhang

It was a packed house last night at our MIT Energy Conference After Party! Our evening started with networking followed by: CEO barside chat featuring - Derek Warnick (co-founder and CFO), who talked us through the capital formation process at Electric Hydrogen raising ~$800M since 2020 - Dan Brunner (co-founder and recent CTO), who gave us smart insights on setting positive culture for the long run at Commonwealth Fusion Systems Next up was our "Get What You Need" Game Show - Sunidh Jani walked us through Eaton's venture process - MMV's very own Timothy Krysiek outlined what is a good fit for MMV's Climate Tech Fund - Mike Jackson gave a snapshot of best fit for Earthshot Ventures - Daniel Goldman spoke about Clean Energy Ventures' ideal candidate for investment and where they are on their new fund A monumental thanks to Jon Bonanno (he/him/his) of Factor - our co-host, MC extraordinaire, and provider of disco balls! And thank you to the crowd of ~70 from the climate tech ecosystem who made the night a terrific success. Charles Svirk Kara Burns Aram Ouligian Aaron Baskerville-Bridges Benjamin D. Stone Priya Donti Sorin Grama Jacqueline (Jackie) Firsty Charlie Walker Edward Yang Christopher Brown Daylin Frantin Drew D'Alelio Frederic Clerc Jose LaSalle Kacy Cox Victoria Pisini Marianna McCormick Sam Calisch Sam Crum Sahir Surmeli Temple Fennell Tibor Toth Emilie Litsas

MassMutual Ventures' Climate Technology Fund recently invested in Treehouse and ConnectDER, two companies providing complementary home electrification solutions. Treehouse is “the electrical contractor for the 21st century” — a software-enabled installation platform that serves consumers, electricians, and partners looking to deploy clean, energy efficient technologies at scale. The company leverages its proprietary software to expedite the installation of EV chargers, energy storage systems, and other devices in homes and businesses. ConnectDER is a developer of “meter socket adapters” (MSAs) — devices that can be installed quickly and expand the connection between the home and the grid. ConnectDER’s MSAs make it possible for homeowners to plug in more devices while avoiding time-consuming and expensive infrastructure upgrades. Check out our Medium article where we describe the key trends at play, outline our investment thesis, and highlight the factors that led to our investment decisions. #vc #venturecapital #venturefunding #startup #startups #climatetechnology #climatetech #electrification #homeelectrification Timothy Krysiek Kara Burns Charles Svirk Aram Ouligian Karl Beinkampen

We recently shared the news of MMV's Climate Tech Fund investment in Sunairio, the first software platform to leverage high-resolution historical climate data and high-resolution future climate simulation for energy investment, planning, and portfolio management. Sunairio helps utility-scale asset developers, energy traders, and reliability organizations make better commercial decisions in the face of increasing grid variability and unprecedented weather. This is our first investment focused on optimizing power supply and grid operations. In this article, we offer our reflections on the market and the factors that contributed to our investment decision. Click the link to read the article and to follow MMV's Climate Tech Fund on Medium! #vc #venturecapital #venturefunding #startup #startups #climatetechnology #climatetech #energy #renewables #climate #climaterisk #weather #AI Timothy Krysiek Karl Beinkampen Kara Burns Charles Svirk Aram Ouligian Rob Cirincione Eric Hewitt Tim Ivancic

Welcome to the portfolio, Dune Security! We're excited to share that we've invested in their $6M Seed round alongside lead investor Toba Capital, with participation from Craft Ventures, Alumni Ventures, and Firestreak Ventures. Dune Security is redefining enterprise security with the world’s first and best User Adaptive Risk Management platform. Powered by #AI, they automatically deliver User Adaptive Testing and User Adaptive Training to quantify employee risk with comprehensive data from any connected source. For higher-risk users, their platform integrates seamlessly with the broader security stack to dynamically adapt security controls and protect areas of weakness. This funding round will enable the company to: ▪️ Accelerate R&D into integrations across the security stack to improve ROI on existing spend ▪️ Invest in their GTM across Sales, Marketing, and Channel  ▪️ Grow their team with roles across Product, Engineering, AI, and Content Congrats David DellaPelle, Michael Waite, and the entire Dune Security team! 🚀 #vc #venturecapital #venturefunding #startup #startups #cybersecurity #RiskManagement #EnterpriseSecurity Mark Goodman Eric Emmons Samantha Santaniello-Lawrence

MMV Europe & APAC's Q4 #newsletter is out on Medium! In it, you'll: 👋 meet our newest portfolio company, H2SITE, a deep-tech pioneer of hydrogen separation solutions 🗞 learn the latest news from our portfolio companies Daye, HarfangLab, and HelloBetter, among others 🎤 see Yara Alenazi and Carlos Jo Loo repping MMV on the speaker trail and read how we were active in the community 🏃♀️ find out where you can catch the team next While you're over on Medium, make sure to give us a follow so you don't miss any of our publications. Happy reading! #vc #venturecapital #venturefunding #startup #startups #fintech #enterprisesaas #healthtech #climatetech Ryan Collins Anvesh Ramineni Cheryl Teo Weijian Chen Vivian Zhang Alix Brunet Sam Stone Maximilian Stemper InDebted Aspire Qapita Headquarters (HQ.xyz) MicroSec Scrut Automation sugar.fit Testsigma Tuio

Welcome to the portfolio, H2SITE! A deep-tech pioneer of hydrogen separation solutions, H2SITE has been developing a proprietary membrane reactor technology which enables hydrogen separation from gas streams and easy-to-transport molecules. Since 2021, H2SITE has built and operated 15 projects in Western Europe and is now developing large-scale infrastructure first-of-a-kind projects in North America, the EU and Asia Pacific. Their €36M Series B, co-led by Hy24 and SC Net Zero Ventures, and with participation from MMV, Breakthrough Energy Ventures, Enagás Emprende, Equinor Ventures, and Exergon, aims to support the company’s next industrialization and commercialization milestone. This includes multi tons per day hydrogen production capacity in operation by 2026, and addressing several end-use markets such as large scale and decentralized ammonia cracking, natural hydrogen production in the USA and maritime decarbonization applications. By tackling the challenge of hydrogen supply chain, separation technologies play a critical role in the suite of innovations required to build a reliable, scalable, and efficient low-carbon hydrogen economy.    A BIG congrats to Andrés GALNARES and the entire H2SITE team! 🚀 #HydrogenEconomy #hydrogrenseparation #Decarbonization #ClimateTech #climatetechnology #EnergyTransition #vc #venturecapital #venturefunding #startup #startups Alix Brunet Maximilian Stemper Yara Alenazi Ryan Collins Sam Stone Carlos Jo Loo Cheryl Teo Vivian Zhang Weijian Chen Anvesh Ramineni