MassChallenge
MassChallenge is a non-equity startup accelerator headquartered in Boston, Massachusetts, with additional locations in Israel, Mexico, Switzerland, Texas, and the UK. Founded in 2009, it focuses on fostering innovation and entrepreneurship by supporting high-potential startups across various industries globally. MassChallenge provides expert mentorship, a tailored curriculum, and access to corporate partners without taking any equity from the startups. Its programs, including specialized initiatives like MassChallenge FinTech and MassChallenge HealthTech, aim to facilitate partnerships between startups and established companies to drive innovation and growth. To date, MassChallenge has helped over 1,200 alumni raise more than $2 billion in funding and create over 65,000 jobs, demonstrating its significant impact on the global innovation ecosystem.
Non Equity Assistance in 2021
LucyDX is on a mission to prevent blindness in diabetics through early detection. The company's technology helps diabetics who want to save their eyesight by detecting retinal eye disease early and is helping medical professionals track and treat eye damage before it becomes permanent.
Non Equity Assistance in 2021
BiteBack Insect Oil Co., founded in 2015 and headquartered in Malang, Indonesia, specializes in producing cooking oil derived from edible insects. The company focuses on sustainability and health by utilizing beetle cultures and waste stream feedstock through non-sterile fermentation processes. This approach provides consumers with a viable alternative to traditional palm oil, promoting environmentally friendly food options.
Non Equity Assistance in 2020
Computational Life Inc. develops a software that provides valuables flow and pressure dynamics throughout the body fluid system based on validated physical laws. The company provides a Digital Avatar Platform (DAP) that simulates the human and animal body through modern mathematical models. The company simulates arterial and venous systems, heart dynamics, microcirculation, pulmonary circulation, cerebrospinal fluid, and brain interstitial fluid. Computational Life Inc. was founded in 2018 and is based in Wilmington, Delaware.
Non Equity Assistance in 2020
360VR has created a platform that effectively captures and displays all information necessary for emergency response and day-to-day facility operations.
Non Equity Assistance in 2020
AbegYa Offers The Easy, Most Reliable Way To Find Local Specialists in Africa.
Non Equity Assistance in 2020
Zogo, Inc. is a Newark, Delaware-based company that specializes in a mobile application designed to promote financial literacy among young users. Founded in 2018, the app offers educational content in the form of over 300 bite-sized modules, covering a range of personal finance concepts from basic budgeting to more complex financial topics. Users engage with the material by learning five key concepts per module and taking a quiz to reinforce their understanding. As they complete these modules, they earn points represented as pineapples, which can be redeemed for rewards such as gift cards. Zogo collaborates with financial institutions to co-brand the app, helping them to engage with Generation Z and complement their financial products. The app has received recognition in the industry, including winning a notable competition in 2019. Zogo is developed by a team of Generation Z members, ensuring that the content is relevant and appealing to its target audience.
Non Equity Assistance in 2019
Zogo, Inc. is a Newark, Delaware-based company that specializes in a mobile application designed to promote financial literacy among young users. Founded in 2018, the app offers educational content in the form of over 300 bite-sized modules, covering a range of personal finance concepts from basic budgeting to more complex financial topics. Users engage with the material by learning five key concepts per module and taking a quiz to reinforce their understanding. As they complete these modules, they earn points represented as pineapples, which can be redeemed for rewards such as gift cards. Zogo collaborates with financial institutions to co-brand the app, helping them to engage with Generation Z and complement their financial products. The app has received recognition in the industry, including winning a notable competition in 2019. Zogo is developed by a team of Generation Z members, ensuring that the content is relevant and appealing to its target audience.
Non Equity Assistance in 2019
DAGsHub, Inc. is a platform designed for data version control and collaboration tailored for data scientists and machine learning engineers. Established in 2020 and based in Dover, Delaware, it provides a centralized location for hosting, discovering, and collaborating on projects. The platform leverages open-source tools, making it accessible to the open-source community and encouraging contributions from various users. DAGsHub aims to enhance the transparency of the research and development process in data science by fostering an environment where collaboration and innovation can thrive.
Non Equity Assistance in 2018
PYT Funds, Inc., a financial services company, provides an online platform to connect families with banks to provide loans for students. Its platform allows students to combine crowdfunding and student loans to pay for college. The company was founded in 2014 and is based in Washington, District of Columbia with additional offices in Wilmington, Delaware; Rockville, Maryland; and Richmond, Virginia.
Dover Lifesciences
Grant in 2016
DLS is creating new drugs to treat metabolic and cardiovascular diseases by mimicking favorable genotypes/phenotypes in nature. Some people are thinner than others, and DLS has identified a mutation in humans that causes thinness. The mutation in the target protein causes loss-of-function leading to the wasting of energy in the body and results in thinness. DLS is in the process of creating a small molecule inhibitor to the target protein that will similarly cause an inefficient metabolism and lead to thinness regardless of the cause of obesity. Following nature's example provides a safer path to curing obesity.
Bayonet Technologies, Inc. is a company that specializes in developing reputation system software aimed at visualizing user reputation and assessing risk, particularly in the context of online transactions. Founded in 2016 and based in Camden, Delaware, Bayonet provides a unique risk-management platform that leverages collectively-sourced data and advanced decision algorithms. This platform allows banks, payment processors, financial institutions, and lenders to analyze online payments in real-time, effectively preventing fraudulent transactions while ensuring legitimate customers can complete their purchases. By utilizing a tailored approach to machine learning, Bayonet can calibrate its decision models in just five days, significantly reducing the resource burden associated with fraud detection compared to traditional methods. The company's solutions are designed to enhance payment approval rates for e-commerce businesses, helping them navigate the challenges of fraud and low acceptance rates.
WaveGuide Corporation, based in Cambridge, Massachusetts, specializes in the research and development of hand-held micro-nuclear magnetic resonance (µNMR) technology. This innovative platform combines molecular spectroscopy and diagnostic techniques to facilitate rapid and cost-effective point-of-care diagnosis in healthcare settings. The WaveGuide µNMR device is designed for various applications, including chemical analysis in laboratory and university research, early detection of oil and gas fields, and asset protection for pharmaceuticals and food products. It can also be utilized for routine testing in military vehicles to identify potential failures. The portable device provides accurate results using minimal sample volumes, making it accessible for both scientists and non-scientists. Incorporated in 2010, WaveGuide aims to bring advanced analytical capabilities into the field, enhancing decision-making processes in diverse environments.
Imagnus Biomedical supplies quality, cost-effective instruments that offer advanced solutions to problems in research & medicine. Imagnus Medical was established in early 2012 to realize the commercial potential of an advanced infusion technology for use in research and medicine. Infusions represent an important element of the modern healthcare provider’s treatment arsenal. Medical errors contribute 2.4 million added hospital days for patients annually. Imagnus Medical has developed a cost-effective and accurate solution.
Nairobi Capital, Inc. is a Real Estate Development and Business Finance Company targeting the emerging middle class in Africa. It is a US Company incorporated in the state of Delaware, with its principal office in the state of Massachusetts, where it is registered to do business.
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