# Innovation Works Development Fund

Innovation Works Development Fund is an Asset Manager based in Pittsburgh, United States.

## Overview

- **Organization type:** Asset Manager
- **Headquarters:** Pittsburgh, United States
- **Region:** North America
- **Address:** Pittsburgh, PA, United States
- **Assets under management:** Undisclosed
- **Website:** innovationworks.org

## Regulatory record

- **CRD number:** 162095
- **SEC file number:** 802-74598
- **Registration status:** Registered
- **Reports private funds:** Yes
- **IAPD record:** https://adviserinfo.sec.gov/firm/summary/162095

## About

Innovation Works Development Fund GP, LP is a registered investment adviser in Beijing, California, since 2012.

## Sectors

- Enterprise Software
- AI/ML
- Robotics & Automation
- Industrial Tech
- Digital Health

## Questions

### Can outside investors co-invest alongside the Development Fund?

Yes. The fund frequently co-invests alongside foundations, impact investors, university endowments, and occasionally coastal venture firms entering the Pittsburgh market. Because the fund's capital is concessional rather than return-maximizing, its presence in a round often signals a thesis validated by local scientific or engineering expertise, which external co-investors use as a diligence signal.

## Related profiles

- [TRUSTAR Capital Partners](https://altss.com/profile/trustar-capital-partners-limited)

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Last updated: 2026-08-14T12:30:00.000Z

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