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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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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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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.
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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.
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Tough Tech, Scaling DeepTech, MIT's Ecosystem, Political Durability of IRA, & More
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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, 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.
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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.
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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.
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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.
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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.
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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."
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FAST COMPANY'S ANNUAL RANKING OF THE WORLD'S MOST INNOVATIVE COMPANIES COVERS 58 INDUSTRIES AND SECTORS.
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To decarbonize the electrical grid, companies are finding creative ways to store energy during periods of low demand.
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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.
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TIME and Statista have named 250 companies reducing environmental impact.
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