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 2020
Provider of environmental biochemical research, education, and technology-related services intended to address global environmental challenges. The company's services include phosphorus management, management of soil organic carbon and enhancing soil quality, biogeochemical modeling for forest management, carbon trading and capture, mineral synthesis and characterization, and acid mine drainage, enabling scientists and engineers to address challenges related to food security, environmental sustainability, and biodiversity.
Non Equity Assistance in 2020
FieldTrend is a predictive SaaS that enables businesses to serve more customers with fewer resources such as equipment, labor, and fuel. It was previously known as WISRAN, funded by the National Science Foundation (NSF), has developed a cost allocation technology for shared resources. Today, only aggregate time and cost data available for logistics but not by activities, customers, services, and jobs to optimize the field services work, such as the fieldwork done in Agriculture, Telecomm, Utilities, Plumbers, Transporters to name a few. The company is headquartered in Sunnyvale, California.
Non Equity Assistance in 2020
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.
Non Equity Assistance in 2020
COI Energy Services, Inc. offers a software as a service (SaaS) platform designed to enhance energy efficiency for utilities and their business customers. Founded in 2016 and based in Tampa, Florida, the company provides solutions in demand response, energy efficiency analytics, renewable energy capacity identification, and rebates and incentives alerts. Its platform facilitates two-way communication between utilities and customers, enabling them to understand energy usage patterns and trends while identifying opportunities to reduce energy waste and costs. By leveraging artificial intelligence, COI Energy Services helps customers receive tailored alerts on energy wastage and available incentives, ultimately promoting environmental sustainability and optimizing the electric grid. The company was previously known as COI Empowerment & Energy Services LLC before rebranding in December 2017.
Non Equity Assistance in 2019
Operator of an environmental testing biotechnology company intended to ensure the safety of each chemical studied to protect human and environmental health. The company focuses on the development of technologies to analyze chemicals such as pesticides and consumer goods for bio-accumulation potential and utilizing in vitro technology to test for bioaccumulation to reduce both cost and experimentation time, enabling customers to deliver the quality service to ensure human and environmental health protection.
Environmental Quality Operations (EQO) specializes in the detection, monitoring, and management of invasive species in aquatic environments. Founded with a focus on applying advanced molecular biology techniques to environmental management, EQO offers automated sampling products and highly sensitive diagnostic assays. These services enable early detection of invasive species and provide robust analytics to assess their scope and dynamics. The company's innovative automated sampling platform can be deployed at vulnerable sites, allowing for programmable sampling that simplifies the analysis process. Once samples are collected, they are sent to EQO for rapid results. Additionally, EQO is engaged in research and development of targeted biopesticide systems aimed at eradicating invasive species while minimizing impacts on non-target organisms. This dual approach not only aids in immediate monitoring and management but also helps reduce costs associated with remediation efforts and protect native ecosystems.
Non Equity Assistance in 2018
Operator of a mobile vehicle service center intended to provide doorstep services. The company's mobile service van offers two-wheeler servicing which includes washing, cleaning, clutch, break-chain setting, spark plug and air filter cleaning, oiling, battery, tire pressure and lights checking, oil change, and a lot more, providing customers with hassle-free experience at low cost.
Non Equity Assistance in 2018
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.
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.
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.
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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