MIT Solve

MIT Solve is an initiative established in 2016 by the Massachusetts Institute of Technology (MIT) that focuses on developing sustainable solutions to pressing global challenges. Each year, Solve identifies four Global Challenges, seeking out innovative teams of entrepreneurs who can drive significant change. The initiative fosters a collaborative community of leaders and changemakers, facilitating partnerships that enable these teams to amplify their impact. Rooted in MIT’s dedication to open technological innovation and actionable thought leadership, Solve aims to connect diverse stakeholders to address critical social issues effectively.

Casey Van der Stricht

Principal, Solve Innovation Future

5 past transactions

Century

Venture Round in 2021
CENTURY is the award-winning artificial intelligence teaching and learning platform for schools, colleges and universities. Founded in 2015, CENTURY uses AI (ML & deep learning), neuroscience and learning science to provide each student with an education that dynamically adapts to their individual needs, while empowering teachers to perform even better as educators.

Humans in the Loop

Grant in 2020
Humans in the Loop provides model training and validation services for Machine Learning. Going beyond the gold standard dataset collection and annotation required for the initial model training, companies can plug in a human-in-the-loop and ensure their models are continuously improved and updated though output verification, edge case handling, and insights on performance.

Access Afya

Venture Round in 2020
Access Afya is focused on enhancing healthcare accessibility for low-income populations in Kenya through its innovative mini-clinic model. By leveraging advanced health technologies, Access Afya provides a modern healthcare operating system designed specifically for emerging economies. The clinics offer a wide range of primary care services, including authentic medication, immunization, family planning, and care delivered by qualified clinicians. This approach enables residents of slum communities to receive timely and effective healthcare services, addressing critical health needs in underserved areas.

Queen of Raw

Seed Round in 2020
Queen of Raw, LLC is a New York City-based company that operates a digital marketplace connecting designers and textile companies with unused stock and sustainable fabrics. Established in 2014, the platform facilitates access to low-cost inventory, including textiles, finishing supplies, and sewing machines. By utilizing AI-powered supply chain tools, Queen of Raw aims to eliminate textile waste and monetize excess inventory, helping over 235,000 users save millions of dollars and conserve significant water resources. The company provides an integrated dashboard that enables clients to visualize their economic and environmental savings, while proprietary algorithms measure the impact of their activities. This approach allows clients to address regulatory requirements, reduce inventory losses, and enhance their overall profitability, promoting a more sustainable textile industry.

OmniVis

Grant in 2019
OmniVis operates a portable pathogen detection platform that allows for the rapid and accurate measurement of pathogens in various environments, particularly in food processing facilities. The company provides an easy-to-use hardware device in conjunction with disposable test kits that can analyze swabs or liquid samples. This streamlined process reduces the pathogen detection time to just 30 minutes, making it both efficient and cost-effective for health organizations. By focusing on user-friendly technology, OmniVis aims to enhance the accuracy of pathogen detection while ensuring affordability and simplicity in its application.
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