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
Dynamic Air Cooling is a new ecological way to generate cold for industrial or residential air cooling and refrigeration. Our technology decreases temperature by -60°C and has no impact on environment: it uses no synthetic coolants and has neither thermal nor CO2 emissions. DAC is up to 50% cheaper comparing to traditional A/C or refrigeration technology.
Non Equity Assistance in 2021
Microbe Plus specializes in the development of innovative microbiological bio-products aimed at enhancing plant growth and protection. The company manufactures multi-strain probiotics for plants, which are formulated to safeguard crops against a wide range of pathogens, including diseases and pests. By utilizing carefully selected beneficial bacteria, Microbe Plus seeks to increase crop yields while minimizing the need for synthetic pesticides. Their mission is to create efficient and cost-effective solutions that support the health of various plants, including crops, orchards, flowers, and ornamental species, thereby contributing to sustainable agricultural practices.
Non Equity Assistance in 2020
Medical Simulation Technologies is a startup company, established for the commercialization of advanced medical simulators, especially in the field of cardiology. The technology that we provide results from many years of research. The key to our success is an open mind and a team of professionals, which is why our company is composed of a multidisciplinary group of experts: programmers, hardware specialists and medical professionals. We do believe that this gives us advantage in innovation, quality, and a focus on practical solutions. Heart failure, or generally cardiovascular disease is still the leading cause of death. Overall quality of examination, proper diagnosis and difficult surgery success rate could be greatly improved, if the specialists had the opportunity of practical training using a faithful simulation platform. In opposite to every other simulator presents in the market, MST has developed the simulation platform based on a realistic heart model from Computed Tomography (CT). Thanks to that, a user can practice on artificial patient and can have the feeling of real examination or surgery.
Non Equity Assistance in 2019
As Machine Learning professionals we know that development of innovative market-ready ML/DL solutions is time-consuming, resources-intensive and very costly. This is why we came up with an idea of a set of tools which could significantly reduce time-cost-resources trade-off. Join us! And make your ML/DL experiments simply Deepstributed..
Non Equity Assistance in 2019
We know flight disruptions happen and AirAdvisor is here to help passenger get compensation easy and absolutely free. Passengers may check eligibility and instantly submit a claim for compensation up to $670 in 3 mins. We work based on a success fee of 25%, which is cheaper than the competition and allow customers to submit claims risk-free. AirAdvisor is the finalist of MassChallenge accelerator in Rhode Island, Greater Boston area (2019). Problems covered: delayed flight by 3 hours+ and cancelled flights, denied boarding/overbooking and missed connections for the last 3-6 years. Also, compensation for lost or delayed baggage. Air Advisor has offices in the Providence, RI (Greater Boston area) and Krakow, Poland and Kyiv, Ukraine. Air Advisor does not charge any upfront payment and takes all risk working based on No-Win No-Fee basis that means no risk for clients. The company gets its commission out of the compensation successfully collected for its clients. Flight compensation regulation started in EU and now extends to US, Russia, Turkey, Middle East, India and other countries.
Non Equity Assistance in 2019
DEBN Sp. z o.o., based in Gdansk, Poland, specializes in the development of a medical device known as the Drug-Eluting Biopsy Needle. This innovative prostate biopsy needle aims to reduce the incidence of infectious complications associated with transrectal ultrasound-guided biopsies (TRUS-Bx). The device features a polymer-coated biopsy needle and an anesthesia needle that deliver antibiotics directly to the prostate during the biopsy procedure. By allowing the co-administration of multiple antibiotics, the needle enhances the effectiveness of infection prevention strategies, particularly by utilizing antibiotics that are not suitable for oral prophylaxis. Established in 2017, DEBN focuses on improving patient outcomes in urology by addressing the risks of post-biopsy infections through targeted drug delivery.
Non Equity Assistance in 2019
Nevomo, a company founded in 2017 and based in Warsaw, Poland, specializes in developing advanced High-Speed Railways (HSR) utilizing magnetic levitation, linear motor technology, and autonomous control systems. It is recognized as the only firm globally focused on gradually introducing Hyperloop-inspired solutions to enhance the railway sector. Nevomo's patented magrail technology enables the modernization of existing conventional railway lines, allowing speeds of up to 300 kph (186 mph) on standard lines and 415 kph (258 mph) on HSR. This system maintains the operational capabilities of traditional railways, enabling operators to utilize existing rolling stock. The magrail system can further evolve into a vacuum version, known as hyperrail, which could achieve speeds of 600 kph (373 mph) and eventually transition into hyperloop technology with speeds reaching 1200 kph (746 mph). The estimated capital expenditure for retrofitting lines to the magrail standard is comparable to building new highways, while offering significantly lower energy and maintenance costs than current HSR systems. The company has established partnerships with firms such as TME Transfer Multisort Electronics and Microsoft, and has a strong R&D team led by notable experts in the field.
Non Equity Assistance in 2018
Developer of image recognition platform designed to offer brands more accurate store data in real-time. The company's platform recognizes the objects located on the shelf to assess shelf share, product presence and planogram compliance as well as provides discrepancy reports, image overwriting, photo stitching, image acceptance and on-device reporting, thereby helping retailers, distributors and brokers eliminate manual data collection.
Non Equity Assistance in 2018
Developer of a virtual reality therapy device designed to provide remote vision therapy. The company's technology uses dedicated VR goggles, applications, and web panels for remote treatment and provides aid in treating cross-eye issues in children with a daily exercise of a few minutes, enabling doctors to supervise VR vision therapy and treat children suffering from visual impairments.
Non Equity Assistance in 2018
LGM technology is a and unique energy management system, which optimizes power generator. The technology can increase the efficiency of wind turbines and other power generators by 30%.
Shoplo sp z o.o. provides Shoplo Store, an e-commerce platform that allows retailers to open their store online. The company also offers Shoplo Multichannel that allows users to offer their products via online store, marketplaces, and other sales channels; Shoplo Chat, a real time chat that allows users to get to know their customers’ expectations and build relationships; and a mobile application. The company was founded in 2012 is based in Warsaw, Poland. As of February 12, 2019, Shoplo sp z o.o. operates as a subsidiary of SumUp Payments Limited.
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