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.
Relay Trade Solutions specializes in digitizing and enhancing the supply chain for domestic bulk commodity shipments. The company offers a collaborative web and mobile platform that facilitates the management of the shipment process from order to settlement. This platform enables users to create and manage orders, receive real-time status updates, and store essential documents, thereby streamlining the entire supply chain ecosystem. By connecting shippers, carriers, drivers, and various points of origin and destination, Relay Trade Solutions helps clients reduce error rates and redundancy, increase staff productivity, and expedite payment processes, ultimately providing quality logistics automation services.
Plastogaz is a company specializing in natural gas production from waste resources. It aims to produce a natural gas that can be used as a fuel or to produce new synthetic materials. Their technology relies on a patented catalyst and mitigates wastes plastics and greenhouse emissions.
Plastogaz was founded in 2019 and is headquartered in Lausanne, Vaud, Switzerland.
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.
FreightFlows, Inc. is a maritime market intelligence company based in Boston, Massachusetts, founded in 2018. It specializes in providing predictive analytics for global trade, focusing on the needs of traders, shippers, owners, and brokers. The company has developed a data platform that sources, synthesizes, and analyzes current market information, allowing users to explore trends in market, port, and fleet activity. The platform enables customers to identify vessel availability, routes, and estimated times of arrival (ETA), while also enhancing visibility into commodity cargoes and trade activities. Additionally, FreightFlows offers services for market analysis to help clients navigate futures markets, mitigate commercial risk, and hedge against freight rate volatility.
CO2 Free Truck
Non Equity Assistance in 2020
CO2 Free Truck develops a device to capture the CO2 emitted by diesel engines. It can be installed on heavy trucks, light trucks, ships, or trains. The CO2 is transformed into liquid CO2 and stored on vehicles and can then either be sold on the CO2 market or can be utilized as a carbon source for producing green fuel (methane or liquid fuels) by combining it with hydrogen produced from renewable energy resources.
We break down barriers faced when changing from polluting fuel sources to cleaner alternatives by providing innovative combustion technology for heat transfer in ovens. QUEMPIN offers an efficient and low emissions gas burner for the heat sector that can reduce gas fuel consumption by at least 20%. For companies that use coal or firewood, we can offer our heat solution without investment costs. As a result, we help with the switching cost from dirty fuels to clean energy and economically viable.
M1neral LLC, based in Houston, Texas, offers a mineral intelligence platform that streamlines the transaction process for buyers, operators, and sellers of mineral assets. The platform integrates data collection, artificial intelligence, and transaction automation to provide actionable insights and enhance decision-making. It features a robust spatial search tool that facilitates collaboration among all parties involved in transactions, including service providers and financial institutions. By focusing on efficiency, M1neral's platform aims to significantly reduce transaction cycle times, enabling users to complete deals more quickly and effectively. Additionally, the marketplace allows mineral buyers and owners to easily research and filter asset information, promoting a more informed and convenient transaction experience.
TrucksOnTheMap Limited is a company that has developed a digital freight brokerage platform designed to enhance truck and freight management services. Established in 2015 and headquartered in London, the company offers a software as a service (SaaS) platform that provides features such as truckload allocation, bidding, process analysis, job allotment, and truck tracking. The platform specializes in providing a comprehensive visualization of truck availability, enabling trucking professionals to view a map of both owned and partner-free trucks. This functionality allows users to request quotations for available trucks near loading addresses, effectively turning empty freight runs into profitable opportunities.
Developer of fleet management and route planning platform designed to handle logistics and distribution by saving costs while meeting service standards. The company's platform offers delivery, distribution, truck, and transport management and features the ability to track KPIs and metrics such as late deliveries, loaded and empty mileages, saved miles, and more, enabling businesses to reduce the cost of logistics management and integrate automation.
Developer of a fuel cost and CO2 emission forecasting platform designed to help drivers spend less fuel. The company's platform allows for the collection of unstructured data to build an accurate digital representation of a truck, how much fuel it spends, and how it accelerates or brakes, and also offers driver training and onboarding, to manage driver workflow and connects with the supply chain, enabling clients to boost profitability and scale operations.
Future Sight AR provides immersive solutions and content to keep companies in the oil & gas industry efficient and safe, while pushing the limits of modern engineering.
OnRout is an optimization platform focused on enhancing the efficiency of parcel delivery. It enables the routing of individual parcels to the most suitable carriers, which facilitates route consolidation and reduces operational costs for both carriers and shippers. By leveraging real-time bidding for parcel shipments, OnRout helps service providers achieve significant savings while minimizing the environmental impact by reducing the number of trucks on the road. The platform is designed to streamline logistics in the eCommerce sector, ultimately contributing to lower shipping costs.
We provide moments of warmth for everyone, everywhere. We are the bridge that connects people to a more reliable and comfortable energy consumption experience. We created an IoT gas management platform, starting with propane that empowers people to have a better and fairest consumption experience. There are 3B people around the world who use propane as their main source of energy (cooking, hot showers and heating). The propane gas industry was worth 122B in 2015. Our go to market strategy is Mexico (the biggest propane consumer per capita in America), representing an 8B industry. There are 6 million stationary tanks within residential users and SMBs. Our device connects stationary propane tanks to the internet. Our platform connects the three main stakeholders; on one hand to the end user (Residential and SMB’s), later to the gas company and finally to the dispatchers. We have a device for the stationary tank, an application for the end user, a control dashboard for the SMB’s and a management dashboard for gas suppliers.
We provide moments of warmth for everyone, everywhere. We are the bridge that connects people to a more reliable and comfortable energy consumption experience. We created an IoT gas management platform, starting with propane that empowers people to have a better and fairest consumption experience. There are 3B people around the world who use propane as their main source of energy (cooking, hot showers and heating). The propane gas industry was worth 122B in 2015. Our go to market strategy is Mexico (the biggest propane consumer per capita in America), representing an 8B industry. There are 6 million stationary tanks within residential users and SMBs. Our device connects stationary propane tanks to the internet. Our platform connects the three main stakeholders; on one hand to the end user (Residential and SMB’s), later to the gas company and finally to the dispatchers. We have a device for the stationary tank, an application for the end user, a control dashboard for the SMB’s and a management dashboard for gas suppliers.
Freight Frog is the easiest way to "micro-move" to anywhere in the US. People between the ages of 18-30 years old are the most frequent movers in America yet, there is not one moving service that caters to their individual needs. Until now. Freight Frog has created the "Micro Move" and is moving its clients to the 21st century. Customers can receive a flat guaranteed price in under 60 seconds from any computer or mobile device and can ship your items faster than any service in the country at a fraction of the competitor's prices.
FuelDrop, is an up and coming start-up that formed out of MIT in the greater Boston area. For anyone living in a major city, filling up your car with gasoline can be a real pain. Limited gas stations coupled with high gas prices results in an experience that is dreaded by all. At fueldrop they ask ourselves, why are they still using this archaic method of getting gas? Why do they have thousands of cars driving to one gas station... what if the gas just came straight to your car? The team at fueldrop is creating a fuel delivery service so you will never have to go to a gas station again.
Iron Goat, based in Fairfax, Virginia, specializes in the automated production of pelleted and cubed products derived from hay and other grassy crops. The company employs mobile robots that operate without fuel to facilitate the manufacturing process, resulting in reduced costs for livestock feed and grass pellet fuel compared to traditional haying methods. By utilizing innovative in-field techniques, Iron Goat aims to provide farmers with more affordable and efficient feed solutions.
Sourcewater, from MIT Energy Ventures, is the online exchange for sourcing, recycling, transporting and disposing of water for energy production, a $20 billion U.S. market. We create a marketplace that matches providers of water, wastewater, trucking, treatment, storage and disposal with energy producers, thereby minimizing the capital and operating costs of oil and gas production, ensuring reliability of the water supply chain, and reducing the environmental and community impact of hydraulic fracturing. For water sellers and service providers, Sourcewater creates a marketing platform that reduces cost of sales and maximizes utilization and profitability.
Hyliion Holdings Corp. designs, develops, and sells electrified powertrain solutions for the commercial transportation industry. It provides battery management systems for hybrid and fully electric vehicle applications. The company was founded in 2018 and is based in Cedar Park, Texas.
RailPod specializes in developing a portable rail track inspection vehicle that enhances the efficiency and safety of railroad inspections. This operator-friendly system delivers real-time visual representations of the track environment, coupled with quantifiable measurements, allowing inspectors to quickly and accurately identify track issues. By minimizing the time inspectors spend in potentially hazardous environments, RailPod supports more efficient revenue operations for railroads. The vehicle's autonomous deployment and integrated scheduling capabilities facilitate daily track inspections, providing railroads with the flexibility needed to maintain their infrastructure effectively.
HydroConfidence is focused on supporting the natural gas extraction industry by offering tools and services aimed at maximizing gas production while minimizing environmental impact. The company is developing two main products: an aquifer monitoring system that employs a network of well-based sensors to detect methane migration, and a downhole monitoring system designed to provide data on gas flow and mechanical integrity. These innovations not only enhance the financial competitiveness of natural gas but also promote its environmental safety, contributing to a more sustainable approach in the sector.
Dynamo Micropower Corporation specializes in developing fuel-flexible gas turbines designed for small distributed generation applications in the oil and gas industry. The company's notable products include PowerCore, which provides continuous power for oilfield operations, and Infernocore, a flameless turboheater. Dynamo's innovative turbine-based solutions offer grid-like power quality while significantly reducing energy costs, with the capability to operate on local unrefined gas, achieving savings of up to 80%. The company also delivers custom power solutions tailored to the specific needs of its clients, facilitating plug-and-play installation on flare gas. Dynamo has established a network of distributors and service partners to support its offerings. Founded in 2011 and based in Somerville, Massachusetts, Dynamo has successfully deployed multiple turbines for prominent customers in the industry.
LiquiGlide Inc., founded in 2012 and headquartered in Cambridge, Massachusetts, specializes in developing custom-designed liquid-impregnated coatings that create permanently wet slippery surfaces. This innovative technology enables viscous liquids to slide effortlessly, providing a unique and durable solution not available from other companies. LiquiGlide's products cater to a wide range of industries, including manufacturing, oil and gas, processing, aviation, utilities, power generation, water treatment, chemicals, and medical sectors, as well as food and beverage, health and beauty, and household products. The company aims to improve efficiency and reduce waste across various applications by enhancing the flow of liquids.
Electric Pipeline Corporation has invented and is developing polymer insulated electric pipelines "elpipes" for transmission of 3-30 GW through a pair of underground HVDC lines. Elpipes fit inside a pipeline that is similar to a gas pipeline, or they may be installed at the surface on conventional or narrow gauge railroad tracks. The train like features of elpipes make them convenient to install and convenient to repair.
Made In the Commonwealth (MitC) will produce renewable jet fuel for the Commonwealth of Massachusetts. Using waste greases and animal fats, we will create 100% renewable, 100% fungible fuel that meets all standards and replaces imported petroleum-based products. Their plan includes appropriate and novel uses of existing infrastructure and established technology from MIT labs. We garnered support from State and local officials. If you care about the environment and the future, support MitC.
Reach Production Solutions delivers long-lasting production enhancement to multiphase wells. It specializes in multiphase wells, it has found a solution to costly good interventions when it comes to artificial lift or fact hit fluid recovery. Reach installs on the surface – meaning it’s quick, easy, and even more effective than traditional artificial lift techniques. It was founded in 2010 and headquartered in Houston, Texas.
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