News

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

• Boston Metal

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

• Michael Kearney

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

• Vaxess Technologies

Tough Tech, Scaling DeepTech, MIT's Ecosystem, Political Durability of IRA, & More

People

• Michael Kearney

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%.

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

• Kano
• Droplet Biosciences

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

• The Routing Company

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

• Terragia

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

• EVOLOH

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

• Via Separations

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

• Sublime Systems

FAST COMPANY'S ANNUAL RANKING OF THE WORLD'S MOST INNOVATIVE COMPANIES COVERS 58 INDUSTRIES AND SECTORS.

Companies

• Sublime Systems
• Syzygy Plasmonics

To decarbonize the electrical grid, companies are finding creative ways to store energy during periods of low demand.

Companies

• Form Energy

People

• Katie Rae

MIT professor Mike Stonebreaker has been at the forefront of database technology for over 50 years. The former Turing Award winner invented the Ingres and Postgres databases and helped launch a number of companies including Streambase Systems (acquired by Tibco in 2013), VoltDB, Tamr and SciDB. His latest project, DBOS, officially launches with an $8.5 million seed investment.

Companies

• DBOS

TIME and Statista have named 250 companies reducing environmental impact.

Companies

• Sublime Systems
• Syzygy Plasmonics
• Form Energy
• VEIR
• Boston Metal
• Quaise

Detailed study of magnets built by MIT and Commonwealth Fusion Systems confirms they meet requirements for an economic, compact fusion power plant.

Companies

• Commonwealth Fusion Systems

The two discuss Reed’s thoughts on the latest #techtrends, and we get a glimpse into Reed’s personal and professional journey leading up to his career today.

People

• Reed Sturtevant

“Sublime ultimately selected Holyoke because of the dual opportunity to help local people in the near term while working toward swift and massive impact on global CO2 emissions.”

Companies

• Sublime Systems

Companies

• Zapata AI [NASDAQ: ZPTA]

The unprecedented GaN-on-Si technology unlocks true potential of 5G/6G networks, enabling higher power, speed and linearity.

Companies

• Finwave

AtmosZero is proud to announce the close of their $21M Series A financing co-led by Engine Ventures & 2150 to accelerate their mission to cost-effectively decarbonize industrial steam. Full steam ahead!

Companies

• AtmosZero

Startups that aim to reduce emissions, like AtmosZero and Sublime Systems, are leading the charge to slow global warming.

Companies

• AtmosZero
• Sublime Systems

On the heels of raising $145 million in fresh Series C capital funding, Lilac Solutions, Inc. will implement their groundbreaking lithium extraction technology at the Great Salt Lake to gather this in-demand resource faster and more efficiently while minimizing environmental damage.

Companies

• Lilac Solutions

RISE™Robotics proudly announces the availability of limited licenses for its game-changing patent, EP 3 652 466 B1. This pioneering technology unlocks new possibilities for angular flat belt drive systems, proving that highly loaded belts at angles and around corners can outperform traditional designs without sacrificing service life.

Companies

• RISE Robotics

Our General Partner, Michael Kearney, argues for a New Paradigm in Clean Energy in his new piece for Renewable Energy World.

People

• Michael Kearney

Read Engine Ventures General Partner Milo Werner's bold prediction about the material future in Axios #Climate News

People

• Milo Werner

This funding will support us as we pilot new electrolyzer innovations that will allow Sublime Systems to turn industrial wastes into cement more efficiently. It will accelerate our ability to turn recycled, demolished concrete into fresh, high-performing, low-carbon Sublime Cement, reducing our impact on natural ecosystems.

Companies

• Sublime Systems

Osmoses has been selected among the recipients of the new DOE Voucher Program, which provides commercialization support for innovative clean energy companies moving from the R&D stage to the demonstration and commercialization stage. Osmoses will be partnering with RTI International to hone our techno-economic analysis for our novel membrane technology.

Companies

• Osmoses

Engine Ventures portfolio company Syzygy Plasmonics was awarded significant funding from the coveted U.S. Department of Energy (DOE) voucher, kicking off the first round of their #VoucherProgram. This news comes as Syzygy Plasmonics ramps up their work around Rapid Life Cycle Assessments for Carbon Management and Clean Energy Hydrogen Technology.

Companies

• Syzygy Plasmonics