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HyperLight Accelerates Growth With $37M Funding
Companies
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Additionality isn’t just for hydrogen.
Heatmap
People
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Cellino Awarded $25M in Funding from the Advanced Research Projects Agency for Health (ARPA-H)
Companies
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Climate tech startup Mantel to use molten salt to capture factory flue CO2 with $30 million funding from Shell, VCs
Companies
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Strong universities make for a strong United States
The Boston Globe
MIT president emeritus L. Rafael Reif, emphasizes the importance of investing in both curiosity-driven research and the commercialization of innovative ideas to ensure that the U.S. remains a global leader.
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Kano Therapeutics raises $7.15 million seed to enable precision-genomic editing with single-stranded DNA technology
Companies
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Sora Fuel raises $6 million to produce sustainable aviation fuel
Axios
Companies
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Predicta Biosciences raises a $5.2 million seed to optimize diagnosis and treatment of blood cancer.
Forbes
Founded by clinicians from MIT and Harvard Medical School, Predicta Biosciences is using precision medicine to diagnose and monitor multiple myeloma–and give doctors insights for better treatment plans.
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VEIR aims to transform the power grid with superconducting transmission lines.
MIT Tech Review
Companies
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Lilac Solutions releases white paper on ion exchange technology.
Reuters
Companies
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The Engine Ventures Scales its Pioneering Tough Tech Investment Model
Business Wire
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The Engine Ventures Raises New $398 Million Fund To Tackle Tech’s Toughest Problems.
Forbes
People
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Sublime Systems Low Carbon Cement Goes Commercial
Canary Media
Companies
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TIME100 Most Influential Companies 2024 | Boston Metal
TIME100
Boston Metal’s patented molten oxide electrolysis (MOE) solution takes the coal out of steelmaking, replacing the most carbon-intensive manufacturing steps (e.g., coking) with a process that produces molten ore with renewable electricity and generates no CO2 emissions.
Companies
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Mass. clean energy lead is not a given.
Boston Business Journal
Competition across states to lead the clean energy economy is fiercer than ever. Michael Kearney and Ben Downing offer commentary on how Mass. can gain and maintain the lead.
People
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Vaxess Technologies announced $12 million in new funding and Rachel Sha as their new CEO
Boston Business Journal
Vaxess Technologies announced Rachel Sha as their new CEO. Rachel has built a decades-long life sciences career with companies like Novartis, Genzyme, and Sanofi. The company is developing a novel shelf-stable skin patch for delivering vaccines and therapeutics, building toward a needle-free, refrigeration-free future for at-home administration.
Companies
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Conversation about Tough Tech
CleanTechies
Tough Tech, Scaling DeepTech, MIT's Ecosystem, Political Durability of IRA, & More
People
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Pascal raises $8M to make solid coolant
Axios Climate
Pascal seeks to replace coolant gas with a solid refrigerant to eliminates one of the most potent greenhouse gases in the world, while cutting cooling costs as much as 80%.
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The Termeer Foundation Announced Class of 2024 Termeer Fellows including Floris Engelhardt, Co-Founder and CEO of Kano Therapeutics, and Theresa Tribble, CEO of Droplet Biosciences, Inc.
The Termeer Foundation
The Termeer Foundation, a nonprofit organization dedicated to supporting leaders who are pursuing patient-focused innovative treatments, announced its Class of 2024 Termeer Fellows. Leaders selected for this cohort include Floris Engelhardt, Co-Founder and CEO of Kano Therapeutics, and Theresa Tribble, CEO of Droplet Biosciences, Inc., in recognition of their deep commitment to #biotech innovation in service of patients.
Companies
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Forbes named The Routing Company co-founders Menno van der Zee and Alex Wallar in its 30 Under 30 Technology category list for Europe
Forbes
On the heels of celebrating a milestone of moving one million passengers, Forbes has named The Routing Company co-founders Menno van der Zee and Alex Wallar in its 30 Under 30 Technology category list for Europe. The annual Forbes Under 30 list spotlights the co-founders for bringing “Uber-style on-demand pickups and analytics to public transport.” Continue to follow The Routing Company as they reshape the future of public transportation while increasing accessibility, equity, and #sustainability in the sector.
Companies
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Terragia Raises $6M for Next-Gen Biofuels
Axios Climate
Startup Terragia Biofuel has closed a $6 million seed round to start producing ethanol from waste biomass, a process that could be key to making sustainable aviation fuel.
Companies
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Evoloh Bets Hydrogen Won’t Happen Without Better Manufacturing
TechCrunch
Evoloh is attempting to solve all of those at once by focusing not on novel materials, as is often the case with hydrogen startups, but on manufacturing. In the process, CEO Dr. Jimmy Rojas hopes to make hydrogen a key part of the world’s energy system.
Companies
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Via Separations, in partnership with the International Paper Company, Awarded up to $46.6 million by the DOE Office of Clean Energy Demonstrations for the Pulp and Paper sector
Office of Clean Energy Demonstrations
Via Separations was another one of our portfolio companies honored as an OCED Awardee by the U.S. Department of Energy (DOE) this week. In partnership with the International Paper Company, Via Separations was awarded up to $46.6 million by the DOE Office of Clean Energy Demonstrations for the Pulp and Paper sector.
Companies
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The U.S. Department of Energy's Office of Clean Energy Demonstrations to Award Sublime Systems $87M in Federal Funding
New York Times
The U.S. Department of Energy (DOE)'s DOE Office of Clean Energy Demonstrations has selected Sublime Systems to receive an $87 million investment as part of the single largest industrial decarbonization effort in U.S. history. Sublime System's project will play an important role in decarbonizing the cement sector by accelerating our true-zero manufacturing technology to first commercial scale in Holyoke, Mass., which was once known as the "Paper City of the World."
Companies
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Sublime Systems and Syzygy Plasmonics recognized among Fast Company’s Most Innovative Companies of 2024 in the Sustainability and Energy spaces
Fast Company
FAST COMPANY'S ANNUAL RANKING OF THE WORLD'S MOST INNOVATIVE COMPANIES COVERS 58 INDUSTRIES AND SECTORS.
Companies
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The New York Times spotlights Form Energy’s iron-air batteries, alongside various other emerging technologies
New York Times
To decarbonize the electrical grid, companies are finding creative ways to store energy during periods of low demand.
Companies