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
Developer of a traceability platform intended to improve the overall efficiency, transparency, and sustainability of the seafood supply chain. The company's platform offers real-time condition monitoring, water quality monitoring, cold chain logistics and automated traceability and manages purchases and accounts of bait fuel and other critical supplies, helping suppliers and distributors to promote sustainable practices, streamline operations and facilitate compliance with industry regulations.
Non Equity Assistance in 2021
Marecomms is a developer of underwater acoustic communications systems enabling wireless communications over long distances.
Non Equity Assistance in 2021
Reazent, Inc. is an agricultural technology company based in Halifax, Canada, founded in 2018. The company specializes in developing biological-based organic alternatives to synthetic agrochemicals, aiming to provide safe and natural products for agricultural applications. Reazent focuses on enhancing plant growth, yield, and stress resistance, addressing a variety of fungal diseases that affect leafy fruits and vegetables. By offering these innovative solutions, Reazent supports farmers in managing crop disease, improving yield, and increasing their return on investment, while promoting more sustainable and economically viable agricultural practices.
ReelData AI develops artificial intelligence software specifically designed for aquaculture, focusing on monitoring finned fish. The company's technology enables fish farms to assess biomass, monitor sea lice, and evaluate fish health in real-time. By providing insights into weight distributions, feeding patterns, and growth, ReelData AI's solutions help optimize fish health and reduce feed consumption. Established in 2019 and headquartered in Halifax, Canada, ReelData AI is committed to enhancing operational efficiency within the aquaculture industry.
Ashored focuses on developing technologies that promote sustainability in ocean harvest industries. The company is introducing an innovative underwater buoy release system designed for trap fishing, which allows fishers to deploy ropes and buoys on the ocean floor until they are needed. This system significantly reduces the risks of entanglement with marine life and minimizes the loss or damage of fishing gear. By utilizing machine learning, sonar, and geo-tracking, Ashored's solution enables the collection of vital data and the efficient location of lost traps. This approach not only helps prevent gear conflict and reduces ocean waste but also allows for sustainable fishing practices in protected or restricted areas, contributing to the preservation of at-risk marine habitats.
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