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U.S. Department of Commerce

U.S. Department of Commerce

Washington D.C.commerce.gov

Overview

The U.S. Department of Commerce is an executive department of the U.S. federal government responsible for promoting economic growth, job creation, and industrial standards through various programs, grants, and economic development initiatives.

Year Founded

1903

Portfolio Companies

20

Investments

U.S. Department of Commerce investments
CompanyDateStageLead
Nextlink InternetJun 2026GrantCo-investor
SandboxAQJun 2026Series F-
Atom ComputingJun 2026Series CCo-investor
QuantinuumJun 2026GrantCo-investor
DiraqMay 2026GrantCo-investor

Key People

Bryton Shang

Founder & Executive Director, National AI Center, Senior Advisor

Ahmad Khalil

Managing Director, Risk Analytics

Anderson Blum

CHIPS Investment Principal

Blake Doll

CHIPS Program Office - Investment Principal

Bruna M. Chernicoff

Compliance Principal, CHIPS Program Office

Charlie Olmert

Investment Principal, CHIPS Program Office

Josiane I.

Investment Principal, CHIPs Investment Office

Noah Thurm

CHIPS Program Office - Investment Principal

Sean Timmins

Principal Commercial Officer

Shane Macedonio

Investment Principal

Shari Stout

Principal Commercial Officer

Zakee Howard

Senior Economic Risk Principal At CHIPS For America

Sector & Stage Mix

Industry, funding stage, and valuation band breakdowns.

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SeedSeries ASeries BGrowth

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Investment Activity

Yearly cadence, pace, and funding raised over time.

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2021
2022
2023
2024
2025
2026

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FAQ

Firmographic Details

HeadquartersWashington D.C.
Year Founded1903

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