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Nick Rancis

Board Member at Fraunhofer USA Inc.

Greater Boston

Overview 

Nick Rancis, with a background in patent law and emerging technologies, currently serves as the Head of Transformative Innovation at National Grid Partners, focusing on product launch, open innovation, and technology scouting. With experience at organizations like Ginkgo Bioworks and Fraunhofer USA Inc., he has excelled in commercial operations and product strategy, contributing significantly to the advancement of biotechnology and water treatment technologies.

Work Experience 

  • National Grid Partners - Transformative Innovation

    2021 - Current

    >> National Grid created National Grid Partners to ‘disrupt itself’ and advance the energy systems of tomorrow. This includes investing in seed-stage and mature startups at the intersection of energy and emerging tech; innovating new businesses from scratch; and infusing an entrepreneurial culture into National Grid.

Narragansett Electric is an electricity transmission and distribution service provider, as well as a natural gas distributor.

  • Member Board of Directors

    2023

    >> Fraunhofer USA, Inc. is dedicated to the advancement of applied research from the lab to market. Fraunhofer USA was founded in 1994 to conduct applied R & D for customers from industry and state governments and the federal government in the United States.

Fraunhofer USA, performs applied research under contract to government and industry with customers such as federal and state

Raised $5,126,980.00 from US Department of Energy, Massachusetts Clean Energy Center and NYSERDA.

  • Director, Commercial Operations

    2020 - 2021

    >> Ginkgo Bioworks designs custom microbes for customers across multiple markets, developing new organisms that replace technology with biology. Lead commercial operations in the energy, circularity, and waste treatment markets through SPAC acquisition

Ginkgo Bioworks is a developer of biological engineering products and custom microbes across multiple markets.

Raised $1,575,403,063.00 from Bill & Melinda Gates Foundation, Bill & Melinda Gates Foundation, Centers for Disease Control and Prevention and Agriculture and Food Research Initiative.

  • Director, TechBridge

    2017 - 2020

    >> External innovation and technology scouting platform to evaluate, test, and pilot the viability and performance of early-stage energy, material, and related 'hard-tech' start-ups for future investors and partners >> Commercialization and corporate development of internal innovation projects and products alongside our private sector partners. Specific areas include water treatment technologies, advanced materials/coatings, next-generation sensing/diagnostics (COVID-19), renewable energy, and biotechnology

Fraunhofer USA, performs applied research under contract to government and industry with customers such as federal and state

Raised $5,126,980.00 from US Department of Energy, Massachusetts Clean Energy Center and NYSERDA.

  • Co-Founder, Chief Technical Officer, Advisor

    2014 - 2020

    >> Award-winning consumer and commercial product advanced oxidation systems. From massive energy-savings and simplified management to health and environment protection, Clear Comfort's sustainable water treatment system aligns with the needs of residential, commercial and OEM customers.

Clear Comfort Water is a non-chlorine recreational water disinfection systems that range from spas to Water Parks.

Raised $850,000.00.

  • Member of the Board of Directors, Deming Center for Entrepreneurship

    2014 - 2017

    >> Strategically poised to capitalize on the opportunity afforded by its location by building bridges between campus and the vibrant local entrepreneurial community.

  • Commercialization Strategy Consultant

    2013 - 2014

    >> Evaluate new climate, water and energy technologies within a 1200 person national laboratory for commercialization, market entry, and internal technology strategy

University Corporation for Atmospheric Research is a consortium focused on research in the atmospheric and related Earth system sciences.

Raised $91,800,000.00 from National Science Foundation.

  • Instructor

    2012 - 2013

    >> MBA Technology Market Assessment Program, in partnership with the National Renewable Energy Laboratory

  • Founding Team, Principal Scientist

    2008 - 2013

  • Founding Team, Scientist

    2005 - 2008

Solix Algredients is a B2B supplier of algae-based, natural ingredients that benefit health-conscious consumers

Raised $69,629,375.00 from Bohemian Venture, I2BF Global Ventures and Southern Ute.

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