News

Vaxess Technologies chats with Boston Business Journal about its Series A and its partnerships ahead of the first clinical trials.

Companies

• Vaxess Technologies

CFS raises $115 Million and closes Series A round to commercialize fusion energy

Companies

• Commonwealth Fusion Systems

Kytopen, a startup accelerating the discovery and manufacturing of cell therapies, announced it has raised $3.6m in seed financing.

Companies

• Kytopen

Zapata Computing raises $21 million to bring quantum computing to enterprise applications

Companies

• Zapata AI [NASDAQ: ZPTA]

NBC News interviews Commonwealth Fusion Systems.

Companies

• Commonwealth Fusion Systems

Education will play a foundational role in shaping the next two decades in computing and AI research, says The Engine’s Katie Rae.

People

• Katie Rae

Via Separations, a startup developing energy-efficient filtration technology, has raised $4.8 million in a Series A funding round.

Companies

• Via Separations

What’s one misconception about women VCs that Rae wants to clear up? “That there are no women VCs,” she said in an interview with Built In Boston.

People

• Katie Rae

Congratulations to Hedron (formerly Analytical Space )- recognized by Fast Company as one of the World’s Most Innovative Companies of 2019!

Venture capitalist Katie Rae is trying to prove that “Tough Tech” is worth the tough work.

People

• Katie Rae

“A critical piece to achieving a carbon-free world is the decarbonization of steel production,” said Katie Rae, managing partner and CEO of The Engine.

Companies

• Boston Metal

People

• Katie Rae

Stan Wang, a physician-scientist, and two physicists, Nabiha Saklayen and Marinna Madrid, teamed up in 2017 to start Cellino, a portfolio company.

Companies

• Cellino

The New York Times interviews portfolio company Zapata Computing about tech talent for quantum computing.

Companies

• Zapata AI [NASDAQ: ZPTA]

Zapata is one of the first users of Google’s new open-source software framework for quantum computing.

Companies

• Zapata AI [NASDAQ: ZPTA]

At Fortune Brainstorm Tech, The Engine Katie Rae discussed investment trends and the future of Tough Tech.

People

• Katie Rae

Boston Business Journal on how Hedron (formerly Analytical Space) is building the “Cisco of space.”

Congrats to founders Shreya Dave (Via Separations), Nabiha Saklayen (Cellino Biotech), and William Woodford (Form Energy) — named as world’s top “Innovators Under 35” by MIT Tech Review.

Companies

• Via Separations
• Cellino
• Form Energy

Zapata Computing could end up with a bird’s-eye view of how applications perform on quantum computers, giving it a big advantage in the market.

Companies

• Zapata AI [NASDAQ: ZPTA]

Katie Rae is featured on CNBC's Squawk Box, "We are shooting to create very large companies."

People

• Katie Rae

Innovations in fields like energy and transportation often take time—and extra support—to develop. The Engine at MIT is helping them make the leap from the lab to the marketplace.

Companies

• Via Separations
• C2Sense
• ISEE
• Suono Bio

People

• Katie Rae

“We’ve done small molecules, we’ve done biologics, we’ve tried DNA, naked RNA, we’ve even tried Crispr,” he says. “As superficial as it may sound, it all just works.” Carl Schoellhammer, Founder SuonoBio

Companies

• Suono Bio

The Engine will provide funding, space, and expertise—powering a network of innovation networks.

Keller is Co-Founder and CTO of Via Separations, which develops membrane materials for separation processes.

Companies

• Via Separations

Form Energy (formerly Baseload Renewables) has an ambitious goal: use renewable energy to replace fossil fuels as baseload electric power.

Companies

• Form Energy

MIT’s Yet-Ming Chiang has launched a flow battery startup aimed at making renewable energy competitive with fossil fuels.

Companies

• Form Energy

Energy demands from developing countries are going to grow by about 10% between now and 2040. By that year, they will be using 65% of the world’s total energy supply.

Companies

• Form Energy

Katie Rae is CEO and managing partner at The Engine, a venture fund and incubator that focuses on “Tough Tech.”

People

• Katie Rae

The Engine, a venture firm founded at MIT, announced that its debut fund has expanded to a total of $200 million.

The Engine has announced plans to invest $200m into seven startups. These companies focus on "Tough Tech" areas, including aerospace, biotech, renewable energy, and genetic engineering.

The Engine, a US-based program initiated by Massachusetts Institute of Technology (MIT) aimed at complex technologies, has raised $200m for its first fund.