Close Many team members at Unicorn Nest are Ukrainians affected by Russian aggression. We do our best to solve any issues and answer your questions in the shortest possible time frames but some delays are possible.

The Engine

Investor type Venture Capital

Overview

Unlock datapoints

Portfolio analytics

Team

Investments

News & Media

Add fund to favorites
info
Save this fund for later to form your own custom list of funds
This summary is composed by our algorithm based on the analysis of the deals. If you think that some of this information is not accurate, please let us know about it and provide any supporting evidences if possible. Such cases will be analyzed by our ML-algorithm and implemented in our database, which will improve this summary.
Total investments 63
Average round size
info
The average size of a deal this fund participated in
$57M
Portfolio companies 36
Rounds per year 10.50
Lead investments 5
Follow on index
info
How often the fund supports its portfolio startups at next rounds
0.43
Key employees 2
Stages of investment
Early Stage Venture
Seed

Areas of investment

  • Biotechnology
  • Energy
  • Health Care
  • Industrial
  • Renewable Energy
Summary

In 2016 was created The Engine, which is appeared as Corporate Investor. The venture was found in North America in United States. The main office of represented Corporate Investor is situated in the Cambridge.

Speaking about the real fund results, this Corporate Investor is 21 percentage points more often commits exit comparing to other organizations. The fund is generally included in 7-12 deals every year. The important activity for fund was in 2019. The usual things for fund are deals in the range of 10 - 50 millions dollars.

The usual cause for the fund is to invest in rounds with 3-4 partakers. Despite the The Engine, startups are often financed by National Science Foundation, MassChallenge, Breakout Labs. The meaningful sponsors for the fund in investment in the same round are Prelude Ventures, LLC, Breakthrough Energy Ventures, Hyperplane Venture Capital. In the next rounds fund is usually obtained by Prelude Ventures, LLC, PRIME Impact Fund, OGCI Climate Investments.

Among the most popular portfolio startups of the fund, we may highlight Commonwealth Fusion, ISEE, C2Sense. We can highlight the next thriving fund investment areas, such as Medical Device, Food Processing. The fund has no specific favorite in a number of founders of portfolio startups. In case when startup counts 4 of the founder, the chance for it to get the investment is meager. For fund there is a match between the location of its establishment and the land of its numerous investments - United States. Besides, a startup requires to be at the age of 2-3 years to receive the investment from the fund.

Read more

Related Funds

Funds investing in previous rounds
These funds often invest in the rounds preceeding the rounds of The Engine:
Typical Co-investors
The Engine is more likely to invest in rounds together with the following funds:
Funds investing in following rounds
These funds have a tendency to invest in the following rounds after The Engine:

Funds with similar focus

Funds from United States
Funds with similar focus located in United States:
Funds with the same geo focus
Funds with similar geography of portfolio companies:
Funds doing lead investments
Funds with similar focus acting as lead investors:

Look at other 50 related and similar funds Collapse list
Fund NameLocation
BAT Capital Beijing, Beijing, China
Cathay Capital Beijing, Beijing, China
Chenhui Venture Partners China, Shanghai
Chiesi Pharmaceuticals Emilia-Romagna, Italy, Parma
Hack Secure Boston, Massachusetts, United States
Hitachi Systems Japan, Tokyo
Kunying Capital -
Martlet Cambridge, Cambridgeshire, United Kingdom
Monogram Capital Partners Beverly Hills, California, United States
Muehlstein -
OFS Capital Corporation Illinois, Rolling Meadows, United States
OostNL Apeldoorn, Gelderland, The Netherlands
SLS Invest -
Sustainable Income Capital Management -
TELUS British Columbia, Canada, Vancouver
Wanxiang Blockchain China, Shanghai
Wildcat Capital Management Fort Worth, Texas, United States
Xinyu Beiqing Jishi Investment Center China, Jiangxi, Xinyu
Yuku Guoji -
Zhangshushu LvChangHongHeng Touzi GuanliZhongxin China, Jiangxi, Yichun

Notable deals

CompanyIndustryRound SizeDateInvestorsLocation

Syzygy Plasmonics

Chemical
$76M16 Nov 2022 Houston, Texas, United States

Vaxess Technologies

Biotechnology
Health Care
Medical
$27M02 Nov 2022 Cambridge, Massachusetts, United States

Axoft

Electronics
Health Care
Medical
Medical Device
Neuroscience
Therapeutics
$8M18 Oct 2022 Cambridge, Massachusetts, United States

Form Energy

Battery
Energy
Energy Storage
Environmental Engineering
Renewable Energy
$450M04 Oct 2022 Massachusetts, United States

Sync Computing

Automotive
Hardware
$12M16 Aug 2022 Cambridge, Massachusetts, United States

Atlantic Quantum

Information Technology
Quantum Computing
$9M21 Jul 2022 Cambridge, Massachusetts, United States

Foundation Alloy

Industrial
Manufacturing
Product Design
$10M31 May 2022 Seattle, Washington, United States

Seaspire Skincare

$3M05 May 2022 Boston, Massachusetts, United States

Mori

AgTech
Biotechnology
Food and Beverage
Food Processing
$50M11 Mar 2022 Boston, Massachusetts, United States
News
Via Separations Raises Oversubscribed $38 Million Series B Led by NGP ETP to Transform Industrial Energy Use

– Via Separations, a rapidly-scaling technology company that enables industrial decarbonization, announced a $38m investment, led by NGP ETP, a growth equity investor focused on opportunities in the global transition toward a lower carbon economy.
2040 Foundation also participated in the round, alongside existing investors, including: The Engine, Safar Partners, Prime Impact Fund, Embark Ventures and Massachusetts Clean Energy Center.
– The new capital will be used to drive deployment in the pulp and paper sector and accelerate platform expansion to reduce energy usage throughout chemical production.
– Via has begun deploying its platform to slash energy use and propel enhanced production in the pulp and paper sector with its sights set on broadly applicable industrial manufacturing.
– The company is electrifying industrial processes by replacing inefficient thermal separations with filtration-based systems.

Lilac Solutions Announces $150 Million Series B to Scale Lithium Supply for the Electric Vehicle Era

– Lilac Solutions announced a $150m Series B financing round led by Lowercarbon Capital and funds and accounts advised by T. Rowe Price Associates.
– The round was also joined by Mercuria Energy Trading and Valor Equity Partners; existing investors Breakthrough Energy Ventures and The Engine also participated in the round.
– Lilac has developed a new ion exchange technology to increase production of lithium from brine resources.
– Lilac will use the new funds to ramp production of the company’s unique ion exchange beads, expand its teams of engineers and field operators, and deploy the technology globally.
– Most of the world’s lithium is contained in brine resources – naturally occurring deposits of salt water. These brines are abundant, but resource developers have struggled to bring projects into production due to a lack of cost-effective technology.

Review

  • No reviews are submitted yet.
Do you want more?
We provide dozens of additional datapoints about this fund.
Sign up and get access to full fund profile and advanced analysis.
Full team
Industries heatmap
Stages heatmap
Georgaphy breakdown
Coinvestors
Portfolio analysis
Performance indexes
Latest highlights
Unlock all data
Do you represent The Engine?
Get access to manage this page
Get in touch
Found incorrect info? Let us know!

Wait!
You can raise money with us faster

Get matched with relevant funds

Find decision makers data

Connect with investors by email

Remind me later
...and save more than 200 hours*
*-Our recommendation and outreach system saves up to 200 hours of founder time on fundraising for seed and series A+ startups
We use LinkedIn only to verify your account. We don't import or message your contacts, nor post on your behalf.
By creating an account, you agree to our Terms of Service and Privacy Policy.
Crunchbase icon

Content report

The following text will be sent to our editors: