Connecticut Innovations
Connecticut Innovations (CI) is the strategic venture capital arm of the state of Connecticut, established in 1989 to promote innovation and economic growth. As a quasi-public entity, CI operates independently and manages approximately $500 million in assets. It has invested in over 225 companies, providing financing and ongoing support to innovative businesses within the state. CI offers a range of flexible capital solutions, including equity financing for startups, debt loans for established companies, and grants for small businesses focused on new innovations. The firm invests across vario
Investing activity
Connecticut Innovations appears in 2 AI deals tracked by the AI Lounge deals desk. The rounds are mostly Seed, with a median round size of $4M. The most recent are Loops (Seed, $3.5M, Oct 2026) and Cypher AI (Seed, $2M, May 2026).
Connecticut Innovations most often invests alongside Monday Capital, NTT DOCOMO Ventures, Alumni Ventures and a16z Speedrun, and the companies it backs on AI Lounge are mostly in AI.
Deals
Frequently asked questions about Connecticut Innovations
What AI companies has Connecticut Innovations invested in?
Connecticut Innovations's AI investments include Loops and Cypher AI. The 2 rounds on AI Lounge are listed on this page with amounts, dates and co-investors.
Where is Connecticut Innovations based?
Connecticut Innovations is based in New Haven, Connecticut, United States.
What stage does Connecticut Innovations invest at?
In the rounds tracked on AI Lounge, Connecticut Innovations has invested at Seed, with a median round of $4M.
Who does Connecticut Innovations co-invest with?
Connecticut Innovations's most frequent co-investors on AI Lounge are Monday Capital (1 deal), NTT DOCOMO Ventures (1 deal), Alumni Ventures (1 deal), a16z Speedrun (1 deal) and MaC Venture Capital (1 deal).
How can founders reach Connecticut Innovations?
Founders on AI Lounge can see Connecticut Innovations's contact details in AI Investor Contacts (paid plans), check for a warm introduction through members who worked with the firm under Warm Paths, and add Connecticut Innovations to their Investor Pipeline to track the conversation.