They help society overcome persistent challenges with new research, technologies and efficiencies. In Oregon, as elsewhere, we are faced with perhaps the most urgent time in our lives to seed the next wave of breakthrough technology to address climate change, health outcomes and the widening wealth gap. As the Federal government acts with urgency to deploy hundreds of millions of dollars to address these as issues of national and economic security, Oregon is poised to craft a once-in-a-generation economic inflection point to benefit our State for generations to come.
The Intrepid Oregon Fund helps deep-tech start-ups take root and grow in Oregon as they address big problems with innovative solutions, leading to large-scale enterprises and far-reaching economic impact in the years to come.
About IOF
The Intrepid Oregon Fund (IOF) is anchored by a $4 million initial investment by Business Oregon through its Commercialization Gap Fund program. IOF will invest in early-stage companies less than five years old, in sectors that are primarily technology and science-focused such as digital health, healthcare IT, bioscience, medical devices, climate-tech, advanced manufacturing, advanced materials, and natural resources. IOF expects to invest in at least 15 Oregon companies, with substantial reserved investment capital to support follow-on investments in those companies that meet or exceed expectations.
Team
Steve Eichenlaub and Angela Jackson, Managing Directors of Portland Seed Fund IV, are the Managing Directors of IOF, joined by Shashi Jain as Venture Partner, bringing his deep science and technology start-up experience to help source, vet, mentor, and advise IOF portfolio companies.
Bold Reuse is on a mission to end-single use waste. Their all-in-one solution makes it easy and cost-effective for venues, campuses, and festivals to transition to reusable foodware.
The open ocean is Earth’s largest and most power-dense renewable energy resource. Panthalassa has created technology that harnesses that resource to produce the cheapest energy on the planet, powering clean compute at sea and producing renewable fuels for delivery to shore. The goal is to provide abundant and affordable clean energy for everyone.
Founded in 2016 and based in Portland, OR, the team comes from diverse backgrounds in aerospace, naval architecture, marine operations, hardware, software, and research.
Solid Carbon provides carbon negative ingredients to the ready-mix concrete industry with biochar-based materials. Our mission is to transform concrete from a leading source of emissions into a climate solution.
Thaena is guided by a mission of ‘Humans Healing Humans,’ by transforming health through innovative microbiota-based products which reduce suffering. Our flagship product, ThaenaBiotic®, is a dietary supplement that harnesses the power of human-derived microbial metabolites to support gut health and overall wellness.
