mHUB

mHUB is an independent hardtech and manufacturing innovation center located in Chicago, Illinois, established in 2013. It focuses on fostering physical product innovation by convening a community that includes startups, small businesses, entrepreneurs, engineers, and industry experts. mHUB supports the development of a wide range of products, including robotics, connected devices, sensors, energy technology, medical devices, smart buildings, and unmanned vehicles. Since its inception, the community has achieved significant milestones, generating over $1.1 billion in revenue and launching more than 1,256 products. Additionally, mHUB has facilitated the hiring of over 4,153 employees and raised nearly $1.45 billion in capital. Through its membership community, mHUB provides access to vital resources such as funding, co-working space, and expertise, enabling entrepreneurs to transform their product ideas into sustainable businesses.

Haven Allen

President

Alex Lambert

Product Impact Fund Associate

48 past transactions

Hyivy

Seed Round in 2024
Hyivy Health creates an intelligent and holistic pelvic rehabilitation device for the 1 in 3 women worldwide who will experience a pelvic health complication in their lifetime. Our device provides the first quantifiable data set on the pelvic floor and 3 different therapies from multiple sensors and mechanical functions to help keep track of progress, adapt treatment plans and provide more effective, comfortable rehab experiences.
Sensatek Propulsion Technology, Inc. specializes in the development of wireless ceramic sensors designed to monitor extreme temperature, pressure, and strain in challenging environments. Its flagship product, Smartjet, enables real-time wireless monitoring within applications such as fuel cells, gas turbine engines, and rocket propulsion systems. The company also offers Vision AI, which extracts vibration data from video pixels to provide a cost-effective and easily deployable solution for wireless vibration and condition monitoring. This technology aids in preventing downtime and optimizing the performance of energy assets like hydroelectric and wind turbines by identifying issues such as shaft misalignment and excessive vibrations. Founded in 2015 and headquartered in Daytona Beach, Florida, Sensatek conducts extensive research in ceramic processing and analysis, focusing on the synthesis and characterization of advanced ceramic materials suitable for high-temperature and harsh environments.

Farm to Flame Energy

Pre Seed Round in 2023
Farm to Flame Energy, founded in 2018, specializes in the production of biomass-powered generators that utilize one or two feedstocks to operate their engines. These generators are designed to be smokeless and odorless, providing an environmentally friendly alternative to traditional diesel generators at a lower operational cost. In addition to the generators, the company offers ongoing fueling and monitoring services, complemented by a blockchain-based application that allows customers to remotely access their generators. This application enables users to control the generator remotely, receive alerts when fuel levels are low, and maintain a pollution-free environment.

Next-Ion Energy

Pre Seed Round in 2023
Next-Ion Energy specializes in lithium-ion battery technology solutions, focusing on enhancing battery architecture. The company offers innovative solutions aimed at improving charging and discharging rates while ensuring the safety of lithium-ion batteries. By addressing these critical aspects, Next-Ion Energy supports customers in optimizing battery performance for various applications.

Tikal Industries

Pre Seed Round in 2023
Tikal aims to create economic incentives to change how we manage industrial waste, starting with coal fly ash. With this waste feedstock, Tikal produces mixed rare earth oxides and geopolymers that serve as cement replacements. This creates a sustainable domestic supply chain for critical minerals, including heavy REEs, while creating a more durable and safer construction material that won't leach heavy metals.

Aeternal Upcycling

Pre Seed Round in 2023
Aeternal Upcycling addresses the global plastic waste crisis by providing innovative upcycling services aimed at reducing reliance on fossil fuels and enhancing sustainability. The company employs advanced technology to transform plastic waste into high-value chemical products, including waxes, surfactants, adhesives, and lubricants. These products serve as sustainable alternatives in various industries, such as lubricants, consumer goods, and cosmetics. By facilitating the use of plastic-derived materials, Aeternal Upcycling contributes to a circular carbon economy, promoting environmentally friendly practices and supporting a cleaner future.

Metasorbex

Pre Seed Round in 2023
Metasorbex is a deep-tech corporation specializing in advanced materials for climate change mitigation and removal.

Rushnu

Seed Round in 2023
Rushnu decarbonizes heavy industry through a proprietary carbon capture and utilization process that requires 75% less energy consumption than alternatives.

Vasowatch

Pre Seed Round in 2023
Vasowatch specializes in clinical decision support technology aimed at enhancing maternal outcomes and promoting health equity in childbirth. The company has developed innovative labor and delivery solutions that continuously monitor a mother’s risk for postpartum hemorrhage, which is a leading cause of maternal deaths and complications worldwide. Vasowatch's proprietary technology offers significantly improved predictive accuracy, providing vital insights hours before delivery, which surpasses traditional expert-based risk assessments conducted at hospital admission. By focusing on early detection and intervention, Vasowatch aims to save lives, reduce complications, and lower obstetric costs.

Hyivy

Seed Round in 2023
Hyivy Health creates an intelligent and holistic pelvic rehabilitation device for the 1 in 3 women worldwide who will experience a pelvic health complication in their lifetime. Our device provides the first quantifiable data set on the pelvic floor and 3 different therapies from multiple sensors and mechanical functions to help keep track of progress, adapt treatment plans and provide more effective, comfortable rehab experiences.

Ciconia Medical

Pre Seed Round in 2023
Ciconia Medical focuses on maternal health by developing innovative medical devices aimed at reducing invasiveness, pain, and risk during childbirth. The company's key product is an AI-based vaginal examination tool that enables clinicians to make informed labor decisions based on precise and independent measurements. This approach enhances safety and comfort for both mothers and their newborns, fostering a gentler childbirth experience.

Dawatek

Pre Seed Round in 2023
Dawatek is a biotech company focused on developing affordable diagnostic medical devices that enhance healthcare accessibility. The company specializes in creating advanced technology that aids in the rapid screening of various diseases by utilizing lasers and machine learning to analyze body fluids for specific chemical signatures. This innovative approach allows healthcare providers to diagnose infections and chronic illnesses swiftly, often within minutes at the point of care. By prioritizing patient needs and addressing existing challenges in the medical field, Dawatek aims to improve patient outcomes and reduce the risk of misdiagnosis, ultimately striving to ensure that no one suffers from a lack of access to essential medical technology.

Everyplace Labs

Pre Seed Round in 2023
Everyplace Labs is focused on creating a self-service kiosk that automates point-of-care testing, specifically for urine diagnostics. This innovative platform integrates add-on devices with toilets to facilitate the entire process from specimen collection to result delivery. By enabling patient-initiated or staff-assisted testing at intake or triage in acute care environments, Everyplace Labs aims to eliminate bottlenecks, enhance throughput, and improve the efficiency and accuracy of data collection. Additionally, the solution promotes a more hygienic and comfortable experience for patients while reducing the need for clinical staff involvement.

AuraSense

Pre Seed Round in 2023
AuraSense is focused on enhancing neurological assessments through the integration of artificial intelligence and automation. The company has developed a digital touch technology that enables the detection of early signs of limb damage, facilitating remote physical examinations for various diseases. By combining elements of video game technology with practical medical procedures, AuraSense provides neurologists with a data-driven and quantifiable approach to evaluate patients' cognitive and physical health. This innovation allows for accurate performance assessments, leading to personalized treatment plans tailored to individual patient needs, ultimately aiming to improve health outcomes.

Kwema

Pre Seed Round in 2023
Kwema, Inc. is a company focused on enhancing personal safety for women through innovative technology. Founded in 2016 and based in Springfield, Massachusetts, Kwema has developed a device that connects individuals in danger with immediate assistance from security services. Their flagship product includes a fashionable wearable, such as a bracelet or a smart badge reel equipped with a hidden duress button, allowing users to discreetly alert friends, family, and nearby community members in case of an emergency. The system also facilitates responses from private or public security services within its network. In addition to wearable devices, Kwema offers software aimed at promoting safer communities for women, ensuring that users can access help efficiently and unobtrusively in potentially threatening situations.

Wave Therapeutics

Seed Round in 2023
Wave Therapeutics is a biotechnology company focused on developing innovative soft robotics cushioning technology aimed at preventing pressure injuries, commonly known as bedsores. The company's products utilize a combination of therapeutic methods to automate pressure relief and sequential compression, facilitating tissue healing and optimizing blood flow. By automatically adjusting pressure points, Wave Therapeutics' technology not only enhances patient comfort but also alleviates the workload of caregivers in nursing homes and medical facilities. This approach aims to improve the quality of life for patients while providing essential support to healthcare providers.

EndoShunt

Seed Round in 2022
EndoShunt Medical, founded in 2022 and based in Nashville, Tennessee, specializes in developing a medical device aimed at targeted hemorrhage control in emergency situations. The company's innovative device facilitates endovascular shunting of blood past hemorrhaging vessels, allowing surgeons to perform definitive repairs while maintaining blood flow. This technology is designed to enhance outcomes in critical care scenarios, addressing the urgent need for effective solutions in managing severe bleeding.

Blip Energy

Angel Round in 2022
Blip Energy is focused on developing innovative battery energy storage systems to address rising peak demand and enhance the smart grid infrastructure. The company offers a smart, plug-and-play battery system that leverages artificial intelligence to help households reduce electric bills while providing essential backup power. By creating a distributed network of Internet of Things (IoT) batteries, Blip Energy aims to empower grid operators with the necessary tools and data to stabilize the grid and optimize energy costs for users. Their solutions facilitate energy management without the complexities of permitting and installation, aligning with current needs for resilience and cost savings. Blip Energy's approach supports the transition to a more sustainable, efficient, and reliable power grid for all.

Kazadi Enterprises

Pre Seed Round in 2022
Kazadi Enterprises has developed a breakthrough technology allowing the use of environmental heat energy as an energy source. This technology has myriad uses. A first use is in the dehumidification space where it will reduce the energy footprint of dehumidification by up to 90%.

NexTC

Pre Seed Round in 2022
NexTC is a manufacturer based in Corvallis, Oregon, specializing in insulator and conductive oxide coatings for the energy and large-area electronics markets. Founded in 2018, the company develops chemical materials aimed at enhancing energy conversion and efficiency. Its products help manufacturers lower production costs, expand market opportunities, and innovate in product development. By focusing on these specialized coatings, NexTC supports advancements in both energy and electronics sectors.

infiniRel

Pre Seed Round in 2022
infiniRel specializes in health diagnostics and control systems aimed at predicting power failures in mission-critical electronic components. The company's innovative technology, which includes a proprietary diagnostic system known as "EKG," analyzes the operational status of Inverter-Based Resources to prevent outages in solar, wind, and battery systems. By employing advanced algorithms and machine learning, infiniRel's solutions enhance efficiency, minimize operational risks, and reduce maintenance costs, ultimately helping clients maintain profitability in the face of rising unexpected expenses and market fluctuations. Through its prescriptive diagnostics, infiniRel supports improved uptime and extends the lifespan of inverters.

Blip Energy

Seed Round in 2022
Blip Energy is focused on developing innovative battery energy storage systems to address rising peak demand and enhance the smart grid infrastructure. The company offers a smart, plug-and-play battery system that leverages artificial intelligence to help households reduce electric bills while providing essential backup power. By creating a distributed network of Internet of Things (IoT) batteries, Blip Energy aims to empower grid operators with the necessary tools and data to stabilize the grid and optimize energy costs for users. Their solutions facilitate energy management without the complexities of permitting and installation, aligning with current needs for resilience and cost savings. Blip Energy's approach supports the transition to a more sustainable, efficient, and reliable power grid for all.

Hago Energetics

Pre Seed Round in 2022
Hago Energetics focuses on developing clean hydrogen production technology that aims to reduce greenhouse gas emissions. The company specializes in converting waste materials into hydrogen fuel with a carbon-negative footprint, thus providing a sustainable energy source for the transportation sector. By offering products that are carbon-negative and derived from fossil fuels, Hago Energetics seeks to address climate change while fulfilling the energy needs of its clients.

Sandbox Carbon

Pre Seed Round in 2022
Sandbox Carbon specializes in carbon removal technology aimed at decarbonizing commercial real estate. The company develops solutions that capture carbon emissions directly at commercial and industrial facilities, producing high-quality carbon offsets. This technology enables businesses to mitigate their impact on climate change and achieve net-zero carbon emissions. By providing reliable carbon credits, Sandbox Carbon supports organizations in their sustainability efforts and compliance with environmental regulations.

OXTO Energy

Seed Round in 2022
OXTO Energy specializes in the development of a modular flywheel energy storage system that facilitates the storage and supply of energy on demand. This innovative system utilizes kinetic energy stored in a rotating mass, allowing for the continuous generation of energy from renewable sources such as wind and solar, even during periods of low demand. By capturing excess energy when production exceeds consumption, OXTO’s steel flywheels enable utility grid operators to access low-cost, environmentally friendly renewable energy precisely when it is needed. This technology supports the broader adoption of renewable energy, contributing to a sustainable and low-carbon future.

Opal HTM

Seed Round in 2022
Opal HTM is a company focused on enhancing hospital safety and efficiency through innovative medical equipment management solutions. It has developed a healthcare equipment inventory management platform that aims to maximize the return on investment in technology. By optimizing procurement and maintenance strategies, Opal HTM helps healthcare managers improve workflows and plan effectively for the future. The platform provides unprecedented clarity, allowing for better management of equipment inventories, which ultimately enhances the overall effectiveness and efficiency of healthcare operations.

NovaXS Biotech

Seed Round in 2022
NovaXS Biotech is focused on creating a next-generation needle-free drug delivery platform aimed at enhancing medication adherence and optimizing treatment outcomes. The company is developing a needle-free injector that utilizes an artificial intelligence-driven health span diagnostic system, allowing for the delivery of proactive, accessible, and personalized medications specifically for age-related diseases. In addition to its innovative injector, NovaXS is establishing a preventive healthcare center dedicated to treating age-related conditions. By leveraging advanced technology, the company aims to empower doctors in their efforts to prevent chronic diseases and address immune system disorders, ultimately striving to improve health span and quality of life for patients.

ProMedix

Pre Seed Round in 2022
ProMedix is a medical device startup founded in 2019 and headquartered in Portland, Oregon. The company specializes in developing noninvasive, fingertip patient monitors aimed at enhancing the recognition of circulatory dysfunction. Its innovative devices facilitate diagnostic evaluations and the monitoring of therapeutic interventions for various medical conditions, such as trauma, dehydration, and sepsis. By improving home patient monitoring, ProMedix enables physicians to streamline care in both home and critical settings, thereby preventing unnecessary acute visits and enhancing emergency or critical care outcomes.

Everyplace Labs

Seed Round in 2021
Everyplace Labs is focused on creating a self-service kiosk that automates point-of-care testing, specifically for urine diagnostics. This innovative platform integrates add-on devices with toilets to facilitate the entire process from specimen collection to result delivery. By enabling patient-initiated or staff-assisted testing at intake or triage in acute care environments, Everyplace Labs aims to eliminate bottlenecks, enhance throughput, and improve the efficiency and accuracy of data collection. Additionally, the solution promotes a more hygienic and comfortable experience for patients while reducing the need for clinical staff involvement.

Walela

Seed Round in 2021
Walela is a medical device company based in Chicago, Illinois, founded in 2021 by James Balman. The company specializes in sensor technology aimed at enhancing fetal and maternal health outcomes. Its innovative devices measure fetal heart rate and blood pH, providing critical diagnostics for expectant mothers and healthcare professionals. By facilitating accurate assessments of fetal health, Walela's technology helps to reduce the need for unnecessary cesarean sections, thereby improving the overall birthing experience.

Neursantys

Pre Seed Round in 2021
Age-related balance impairments caused by vestibular dysfunction affect 35% of U.S. adults aged 40 years and older (58 million Americans). The economic burden includes >$225 billion in lost productivity and reduced quality of life and >$50B/year in fall-related elderly healthcare costs. Today, diagnosing these disruptions requires expensive clinical equipment and complex procedures, and treatments to restore balance require surgically implanted electrodes. Neursantys has developed NEURVESTA, a non-invasive wearable device that can detect vestibular-related balance impairments and correct them with a specialized form of neurostimulation know as Electrical Vestibular Stimulation (EVS). EVS can counteract vestibular balance impairments caused by age-related degeneration, injures such as concussions, and neurological conditions such as stroke, Parkinson's disease, and multiple sclerosis.

Equibands

Pre Seed Round in 2021
Equibands is a medical technology company that designs and develops medical devices.

Ping Corporation

Pre Seed Round in 2021
Ping is a B2B, SaaS-based company that utilizes wearables and AI to improve caregiving for older adults. We focus on the safety, wellness, and social connection of our elders. By using wearables data collected from our elderly users, our Machine Learning algorithms capture and present critical and actionable data to their families and caregivers.

Bionode

Pre Seed Round in 2021
Bionode LLC is a clinical-stage company based in Indianapolis, Indiana, that specializes in developing wearable neuro-modulation devices aimed at treating glaucoma. Founded in 2016, Bionode's innovative device functions as a non-invasive therapy to regulate intraocular pressure (IOP) by utilizing electrical signals to manage the physiological production and drainage of fluid in the eye's anterior chamber. The technology includes a contact lens embedded with gold traces that deliver precise electrical impulses to the eye, facilitating the normalization of IOP. In addition to the device, Bionode offers an integrated software application that provides essential information for both patients and clinicians, enhancing the treatment experience within the fields of ophthalmology, optometry, and telemedicine.

NovaXS Biotech

Pre Seed Round in 2021
NovaXS Biotech is focused on creating a next-generation needle-free drug delivery platform aimed at enhancing medication adherence and optimizing treatment outcomes. The company is developing a needle-free injector that utilizes an artificial intelligence-driven health span diagnostic system, allowing for the delivery of proactive, accessible, and personalized medications specifically for age-related diseases. In addition to its innovative injector, NovaXS is establishing a preventive healthcare center dedicated to treating age-related conditions. By leveraging advanced technology, the company aims to empower doctors in their efforts to prevent chronic diseases and address immune system disorders, ultimately striving to improve health span and quality of life for patients.

HIVE Medical

Pre Seed Round in 2021
Healthcare is moving to the outpatient setting to save costs, but at home patients struggle with medication adherence and they are readmitted at alarming rates. Hospitals send 1.4 million patients home for 4-6 weeks to administer their own IV antibiotics every year. Twenty percent of patients on outpatient parenteral antimicrobial therapy (OPAT) are readmitted, each costing $80,000 on average. This is a $22.4 billion problem. Clinicians at the 12,200 home infusion providers in the US have no objective way to identify non-adherence to intervene and prevent readmissions. Rather, they call patients to detect non-adherence, which is time-consuming, inaccurate, and prone to reporting bias. They need a better tool than a phone to monitor adherence. The solution is HIVE’s patent pending CloudConnect smart catheter. CloudConnect is a reinvented IV line with a simple embedded mechanoelectrical sensor that detects when a medication source is connected. CloudConnect wirelessly sends this information to electronic medical records. HIVE’s value proposition is that clinicians can detect non-adherence in real time and make treatment decisions and prevent costly readmissions based on objective data. HIVE offers CloudConnect as an alternative to the need for clinicians to call every patient with standard IV lines.

NXgenPort

Pre Seed Round in 2021
NXgenPort Inc focuses on enhancing cancer care through its innovative digital health technology, which includes an implanted Smart Port for remote patient monitoring between chemotherapy sessions. This system measures vital health metrics, such as cell counts and heart function, allowing for timely alerts to physicians regarding potential infections. By reducing hospitalizations and collecting critical physiological data, NXgenPort aims to improve overall patient outcomes. Additionally, the technology offers significant advantages for cancer researchers and drug delivery stakeholders by enabling them to remotely assess a participant's biological response to various interventions, thereby supporting more effective treatment strategies.

Ascent Integrated Tech

Seed Round in 2021
Ascent Integrated Tech develops a hardware-enabled software platform focused on enhancing situational awareness for first responders and military personnel. Its Tactical Assault Kit (TAK) integrates with smartwatches and existing equipment to provide real-time location tracking and physiological alerting, significantly improving safety and operational decision-making during emergencies. The platform offers comprehensive monitoring and mapping capabilities in hazardous environments, enabling incident commanders to assess the status of their teams and make informed evacuation decisions through a biometric tracking system. Ascent’s technology is utilized by major metropolitan fire departments across the United States and is expanding internationally through strategic partnerships. The company is supported by government contracts and venture funding, positioning itself as a leader in redefining emergency response effectiveness.

CareBand

Funding Round in 2021
CareBand is dedicated to improving the quality of life and standard of care of people living with dementia. The solution is a wearable device that monitors activity and location. With the integration of machine learning technology caregivers can proactively manage neuropsychiatric symptoms such as wandering, agitation, and apathy through non-pharmacological interventions. The LEAP Platform enables indoor and outdoor location tracking, customized alerts per person, and event monitoring. Individualized pattern recognition, called Insight AI, is in development to power the system to understand bathroom utilization, fall risk, and other early changes in condition. With CareBand, people living with dementia can stay safe, function at their highest level of independence, and avoid unnecessary hospitalizations while caregivers have peace of mind.

Iothic

Seed Round in 2021
Iothic is a developer of a decentralized platform that offers point-to-point quantum-resistant authentication and encryption. The company focuses on delivering a secure, scalable, and robust authentication solution that operates across various operating systems, protocols, communication layers, and IoT stacks. This enables network providers to efficiently establish autonomous authentication services for a range of applications, from simple sensors to complex Internet of Things (IoT) systems. By ensuring full peer-to-peer network interoperability, Iothic addresses the growing need for secure and resilient communication in an increasingly interconnected digital landscape.

Spellbound

Pre Seed Round in 2021
Spellbound specializes in creating interactive storytelling experiences, allowing users to immerse themselves in choose-your-own-adventure narratives where they can assume the role of the main character. With a vast library of over 7,000 characters and stories, Spellbound enables individuals to personalize their storytelling journey. Additionally, the company is focused on training artificial intelligence models to enhance the generation of engaging long-form content, further enriching the user experience. Through its innovative approach, Spellbound aims to revolutionize the way stories are told and experienced.

Rapids Air Quality

Pre Seed Round in 2021
Rapids Air Quality creates air pollution monitoring solutions for cities to bring greater transparency to the disparities of air quality.

Ant Robotics

Pre Seed Round in 2021
Ant Robotics is a Vendor-Independent Platform to Team-Up Incompatible Robots for Industrial Material Handling.The main product is the SaaS platform to team-up incompatible industrial transport robots. It is the tool for vendor lock-in risk mitigation for factories and warehouses exploiting robots. It also adds flexibility to the production processes, as well as delivers inexpensive, piecemeal, and zero downtime robot fleet upgrades.

Propulsioneers

Pre Seed Round in 2021
Propulsioneers is a designer and developer of innovative mechanical and industrial technology, specializing in disruptive power transmission solutions. The company's flagship product, 3DGear, significantly reduces torque magnification from 10 to 400 times in both single and double configurations. This advanced gear technology allows for 360-degree articulation, transforming operational capabilities across various industries, including automotive and robotics. By enhancing the performance of machines, Propulsioneers aims to revolutionize power transmission and improve efficiency in industrial applications.

Iothic

Pre Seed Round in 2021
Iothic is a developer of a decentralized platform that offers point-to-point quantum-resistant authentication and encryption. The company focuses on delivering a secure, scalable, and robust authentication solution that operates across various operating systems, protocols, communication layers, and IoT stacks. This enables network providers to efficiently establish autonomous authentication services for a range of applications, from simple sensors to complex Internet of Things (IoT) systems. By ensuring full peer-to-peer network interoperability, Iothic addresses the growing need for secure and resilient communication in an increasingly interconnected digital landscape.

Maxwell Labs

Pre Seed Round in 2021
Maxwell Labs is at the forefront of high-performance computing with its innovative photonic cooling technology, which addresses the critical challenge of heat management in artificial intelligence and high-performance computing hardware. By converting heat into light, Maxwell Labs' approach eliminates the need for traditional air or liquid cooling systems, thereby facilitating faster processing speeds and enhancing energy efficiency through heat recycling. The company’s technology integrates advanced materials and AI-driven designs, including thermal interface materials and cold plates, to optimize cooling performance significantly. Supported by experts in nanophotonics and thermal engineering, Maxwell Labs is poised to revolutionize data center operations and expand the capabilities of modern computing systems.

Stroma Vision

Pre Seed Round in 2021
Stroma is building easy-to-deploy computer vision-based safety solutions to reduce accidents in industrial workplaces.
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