# Business Oregon

> Business Oregon is a VC fund in Salem backing Software, Biotechnology and Information Technology. See 8 investments, check sizes, portfolio. Updated Aug 2026.

- Type: VC Fund
- Location: Salem, United States
- Total investments: 8
- Last investment: Apr 2023
- Lead investor: 13%
- Last updated: Aug 2026
- LinkedIn: https://www.linkedin.com/company-beta/1072484/?pathWildcard=1072484
- X (Twitter): https://twitter.com/BusinessOregon
- Website: http://www.oregon4biz.com
- Facebook: https://www.facebook.com/BusinessOregon

Business Oregon is a VC fund in Salem focused on Software and Biotechnology. Business Oregon is the state's economic development agency. The Business Oregon Commission oversees the agency's activities to ensure a coherent, integrated approach to economic development and a continuous policy direction that can transcend changes in executive and legislative leadership.

## Investment focus

### Industry

| Industry | Investments | Share |
| --- | --- | --- |
| Software | 2 | 25% |
| Biotechnology | 2 | 25% |
| Information Technology | 2 | 25% |
| Apps | 1 | 13% |
| Beauty | 1 | 13% |

30 industries tracked in total.

### Stage

| Stage | Investments | Share |
| --- | --- | --- |
| Seed | 3 | 38% |
| Grant | 2 | 25% |
| Pre-Seed | 2 | 25% |

## Investments

| Company | Description | Amount | Stage | Date | Website |
| --- | --- | --- | --- | --- | --- |
| Cascadia Carbon | Cascadia Carbon started in January 2019 and is a US/Canadian corporation located in Portland, Oregon. Makers of CODEX, an automated, crowdsourced carbon offset generator, their first product is an app which allows previously excluded individuals to generate their own offsets, and track their emissions, opening this historically-closed carbonoffset market to individual participation. Their limited Canadian subsidiary headquarters is in Vancouver, BC, while their US-headquarters is in Portland, Oregon. | $60K | Pre-Seed | Apr 05, 2023 |  |
| Phosio Corporation | Phosio Corporation develops a photoresist material for the fabrication of high aspect ratio nanostructures. The company was founded in 2018 as a spin-off from Oregon State University's Department of Chemistry and the NSF-funded Center for Sustainable Materials Chemistry. | $50K | Grant | Jan 01, 2022 |  |
| Rewire Neuro | Rewire Neuro offers core computer vision and machine learning services for biomedical image analysis in clinical, veterinary, and research applications. Their cloud-based artificial intelligence engine, "Sightologist.ai," powers diagnostic device and microscope OEM integrations and Rewire's consumer-facing image analysis platformcalled "Pipsqueak AI." | $100K | Pre-Seed | Jan 01, 2022 |  |
| Gadusol Laboratories | Gadusol Laboratories is a startup company based in Corvallis, OR using patented synthetic biology technology to produce natural sunscreen antioxidants found in marine organisms. Sunscreen ingredients are coming under increasing scrutiny as their harmful environmental and human health side effects are being discovered. We are solving this problem bydeveloping natural, safe, effective, and comfortable sunscreens. | $1.7M | Seed | Jul 01, 2020 |  |
| Rewire Neuro | Rewire Neuro offers core computer vision and machine learning services for biomedical image analysis in clinical, veterinary, and research applications. Their cloud-based artificial intelligence engine, "Sightologist.ai," powers diagnostic device and microscope OEM integrations and Rewire's consumer-facing image analysis platformcalled "Pipsqueak AI." | $50K | Pre-Seed | Nov 01, 2019 |  |
| Concord | Concord’s privacy-first data consent platform protects, connects, and rewards people and the brands they engage with. |  | Seed | Aug 20, 2019 |  |
| Lora DiCarlo | Lora DiCarlo used biomimicry to translate human mouth, tongue, and finger-like haptics into microrobotic mechanisms that feel like a human partner. Osé adjusts to each woman's unique physiology for a personal fit that makes achieving the elusive blended orgasm easy. | $99.6K | Grant | Mar 14, 2019 |  |
| LeadMethod, Inc. | LeadMethod is a software company focused on channel partner engagement and sales enablement, two factors that drive the most ROI, and channel partner loyalty. LeadMethod works with more than 23,000 suppliers, reps, and distributors to better align their businesses for growth. LeadMethod clients see between a 10-20% increase in revenue and havestronger communication and collaboration with their channel partners. LeadMethod can be used as a stand-alone system or integration with more than 65 CRM, marketing automation, or ERP systems for a total solution.LeadMethodwas founded in 2014 and is based in Bend, Oregon | $500K | Seed | Oct 31, 2017 |  |

8 of 8 investments shown.

## Co-investors
- [Business Oregon](https://shizune.co/investors/profile/business-oregon-ddf3) — VC Fund, 3 deals together
- [Ideaship](https://shizune.co/investors/profile/ideaship) — VC Fund, 2 deals together
- Bend Venture Conference — VC Fund, 1 deal together
- [Cascade Seed Fund](https://shizune.co/investors/profile/cascade-angels-fund) — VC Fund, 1 deal together
- [ConsenSys](https://shizune.co/investors/profile/consensus-systems) — VC Fund, 1 deal together
- Go Paladin — VC Fund, 1 deal together

## Similar investors

### Similar stage
- [Antler](https://shizune.co/investors/profile/antler-be9c) — VC Fund
- [Alumni Ventures](https://shizune.co/investors/profile/alumni-ventures-group) — VC Fund
- [Right Side Capital Management](https://shizune.co/investors/profile/right-side-capital-management) — VC Fund

## FAQ

### What does Business Oregon invest in?

Business Oregon invests primarily in Software, Biotechnology and Information Technology startups, most often at Seed and Grant stage. Most of the 8 investments tracked by Shizune back companies in United States. The Investment Focus section breaks down every industry, stage and country in the portfolio.

### When did Business Oregon last invest?

The most recent investment recorded for Business Oregon closed in Apr 2023. Shizune tracks 8 investments in total for this profile, including round sizes, stages and portfolio companies, all sourced from confirmed public funding rounds and refreshed monthly.

### Is Shizune's investor data accurate?

Yes — every stat on this profile is calculated from confirmed public funding rounds monitored across hundreds of sources since 2020. This profile was last refreshed in Aug 2026 and is updated monthly. Spotted something off? Use the “Suggest an edit” link near the top of the page.

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