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.

Cait Brumme

Acting CEO

Siobhan Dullea

CEO

Camila Lecaros

Managing Director

Yonit Serkin

Managing Director

Devon Sherman

Founding Director, Head of MassChallenge FinTech

Michelle Williams

Vice President and Head of Texas Strategy

Past deals in Greece

OWIWI

Non Equity Assistance in 2021
Owiwi is a scientific leader in the field of game-based assessments having published over 7 papers in peer-reviewed journals. Our flagship product is a game-based assessment tool that measures Soft Skills in prospective and existing employee's. Combining the latest cutting-edge technology with the latest research in Business Psychology and Game Design, Owiwi provides valuable insights into prospective candidates’ soft skills to reduce the risk of bias and the acquisition of a bad hire. Our engaging and immersive experience helps to shape comprehensive soft skills profiles and offers a superior experience that candidates love, leading to a stronger employer brand.

MAGOS

Non Equity Assistance in 2021
Q&Q aspires of a future where current user interaction devices, like joysticks in the XR, will be replaced by a more intuitive one, entirely revolutionizing the interaction framework, providing an appreciably higher User Experience. Goal is to enable the sense of touch (interaction via fingers) in digital environment like this happens in the natural world. Existing solutions only partially address the problem since they have technology constraints that impact the UX. For that reason, we see a next generation input device (MAGOS), that revolutionizes the interaction within digital environment. So, the end user will interact using their fingers in a natural, more immersive and intuitive way.

Aidplex

Non Equity Assistance in 2021
Aidplex is a MedTech startup aiming at disrupting the orthopedics sector by offering patient-centered products and revolutionizing the monitoring of patients. Aidplex is incorporated both in the US & in Greece. The majority of orthopedics products have not been improved for decades and do not support the integration of biometric sensors. Aidplex's mission is to change that. Aidplex's designs are patient-centered, combining effectiveness with comfort. The Aidplex team makes use of innovative technologies in the orthopedic field, giving the opportunity for 24/7 monitoring capabilities.

Scrufy

Non Equity Assistance in 2020
Scrufy is a vital element of every ship, performing hull grooming and autonomous, ongoing monitoring. It keeps track of biofouling and deals with it at the cellular level. There is no need for collection and disposal, and thus there is no threat from invasive species or from the discharge of biocides from the coating.

Augmenta

Grant in 2018
Augmenta started its operations at the start of 2017, in Athens, Greece, by George Varvarelis and Dimitris Evangelopoulos, both farmers and embedded systems engineers and offers an Artificial Intelligence based solution comprised of a hardware device and a web platform, to any farmer, anywhere in the world that wants to have the best possible efficiency for every inch of his land and ultimately increase his seasonal net income. Augmenta’s “Field Analyzer”, is a plug and play device that can be attached to any tractor and can determine the amount of fertilizers, fungicides and pesticides that every inch of the farm needs to reach to its full potential, all in real-time. Furthermore, Field Analyzer is capable of controlling agricultural machinery (e.g. fertilizer spreaders) also in real-time, applying the optimal amount of chemicals into every inch of the farm completely automatically and without the farmer lifting a finger. Finally, the farmer can use Augmenta’s field-viewer, the company’s easy to use web platform, to observe the progression of his field through visual data analytics which help him keep track of the results of Augmenta’s real time operation but also assist him on making data-driven, customized decisions for the future, in a farm level scale and not in a generic geographical (county or even state/country) level scale which is the norm today. Augmenta has completed successfully 2 years of pilots, in 24 fields having staggering results and is currently conducting data-based pilots with food companies like Barilla and partnered with NVIDIA for the development of its cutting edge deep learning device.

Ingredio

Grant in 2017
Ingredio is a mobile application, through which the user can take a picture of the ingredients of a cosmetics or food product with a mobile phone, and is informed whether these ingredients are safe or toxic/allergenic or of natural origin according to existing chemical databases. Their application is aimed at informing the growing share of consumers who want to know what is contained in the products they use and embrace healthy eating and cosmetics without toxic chemicals. They inform consumers whether the ingredients of a cosmetic or food product are safe or toxic and if they are of natural origin according to a verified chemical database. Their application can be used without geographical restrictions for chemical ingredients listed in English.

H2Only Battery

Grant in 2014
H2Only Battery is water-activated devices for Peace-of-mind in times of need and emergency, and electricity in Dark-At-Night places.

Crypteia Networks

Grant in 2014
Crypteia Networks delivers a patent-pending technology that identifies zero-day threats on their infancy along with misconfigurations on the already deployed defenses, as to provide visualizations of the threats paths and provide suggested mitigation actions (MOREAL™). This enables enterprises to add a new layer of security in their environment by expanding the intelligence of their already deployed security mechanisms, maximize the value of the logs they are already generating & collecting without any change in their infrastructure. The solution is non-intrusive, OS independent and comes with zero integration pains. Crypteia Networks is headquartered in Athens, Greece with offices in Boston, MA.

Kinems Inc.

Seed Round in 2014
Kinems, a movement-based educational platform with progress monitoring, empowering special education students to reach their full potential. It brings teaching, learning, and therapy for students with disabilities. Students use therapeutic body movements to play computer-based learning games based on state standards; therapists and teachers easily control the settings to tune the activities and gameplay to the specific and precise learning and developmental needs of each child. The system monitors progress and thoroughly documents all interventions. And because Kinems integrates math and literacy content, PT/OT sessions are no longer time away from academic learning but instead reinforce it. In 2013, Michael Boloudakis and Simos Retalis formed the company in New York, New York.
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