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First 7 Tough Tech startups in The Engine’s $200m fund
BostInno
MIT’s grand experiment in high-tech startup investing has officially begun.
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MIT's The Engine raises $200M to fund 'tough tech'
Yahoo Finance
If you think that too many VCs these days are playing it safe and only looking to back sure bets rather than moonshots and more ambitious ventures, take a look over at what's going on in Boston.
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The Engine backs startups in biotech and energy
Bloomberg
A venture fund started by the Massachusetts Institute of Technology called The Engine has financed its first seven companies after raising $200m from investors.
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With $200m, The Engine makes its first investments
WBUR
The MIT-powered investment fund and venture firm The Engine is up and running, with its first seven investments in startups ranging from aerospace to genetic engineering.
Companies
People
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The Engine drives tech startups to market
Biz Women
A VC fund backed by MIT has raised $200m to support startup tech that can be a tough sell to investors — projects that traditional VC firms consider too risky.
People
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The Engine raises $200m to fund Tough Tech
TechCrunch
If you think that too many VCs these days are playing it safe and only looking to back sure bets rather than moonshots and more ambitious ventures, take a look over at what’s going on in Boston.
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The Engine names Katie Rae as president and CEO
MIT News
The Engine named Katie Rae, a veteran tech innovator, entrepreneur, and investor, as its president and CEO and as managing partner of its first investment fund.
People
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Revving up The Engine for global change
MIT News
“At MIT, it is our duty to bring transformative innovation to the world,” President Reif said at launch event for new enterprise.
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New MIT innovation hub takes on world’s biggest challenges
Boston Globe
Read President L. Rafael Reif’s op-ed in the Boston Globe introducing The Engine.