Connecticut Innovations Invests $11.3 Million in 25 Companies and Venture Funds

Connecticut Innovations, the state's strategic venture capital arm, announced its first-quarter investments, totaling $11.3 million, which leveraged $86.9 million in outside capital and generated $7.0 million in proceeds. The investments spanned various sectors, with a significant portion focused on healthcare, climate tech, and AI.

Key Takeaways:

• Connecticut Innovations invested approximately $11.3 million in 25 companies and venture funds during the first quarter of its fiscal year.
• The investments leveraged $86.9 million in outside capital and generated $7.0 million in proceeds.
• Climate tech investments totaled $1.5 million, while venture fund investments reached $2.2 million.
• The healthcare sector received more than half of the quarter's investment dollars, totaling $6.9 million.
• The new $50 million AI/Q Fund was launched, focusing on technologies shaping the future.
• Bexorg, one of the largest healthcare investments, showcases the potential of AI in biosciences.
• Strong deal activity and sector participation reflect the continued demand for capital among Connecticut's growing companies.
• CI's investments aim to help promising businesses thrive through ongoing support, strategic guidance, and introductions to valuable partners.

Statistics:

• $11.3 million: Total investments in 25 companies and venture funds.
• $86.9 million: Outside capital leveraged in the first quarter.
• $7.0 million: Proceeds generated during the quarter.
• $1.5 million: Climate tech investments.
• $2.2 million: Venture fund investments.
• $6.9 million: Investments in the healthcare sector.
• $50 million: New AI/Q Fund investment.

Sources:

• "Deals leveraged $86.9 million in outside capital in the first quarter...". Connecticut Innovations.
• Connecticut Innovations announcement, dated November 3, 2025.