MassChallenge

MassChallenge is a global startup accelerator supporting early-stage entrepreneurs across various industries. Founded in 2009, it provides mentorship, resources, and networking opportunities through its programs worldwide.

Cait Brumme

Acting CEO

Damon Cox

Head of Next Practice and Inclusive Growth

Nick Dougherty

Managing Director, MassChallenge HealthTech

Siobhan Dullea

CEO

Matthew Lashmar

Managing Director

Camila Lecaros

Managing Director

Jon Nordby

Mentor and Advisor

Yonit Serkin

Managing Director

Devon Sherman

Founding Director, Head of MassChallenge FinTech

Michelle Williams

Vice President and Head of Texas Strategy

Past deals in Central America

Costa Rica Insect Company

Non Equity Assistance in 2021
We create healthy and sustainable solutions for the world based on insects. A very nutritive and eco friendly food source. Currently we are using about 50% of the habitable land for agriculture and the livestock industry is the major contributor to CO2 emisions, but In just 30 years the amount of food available will not be enough for the world`s population. By making healthy, and tasty products from insect powder such as flour for bread, cake mix, and even protein shakes, we are able to reduce the amount of livestock usage and also provide a sustainable and scalable solution. Our business model is based on 3 keypoints: >Mass and Standarized Production which is possible using our insect incubator (which is patent pending) >Sustainable and efficient Production since Costa Rica has the perfect weather conditions, >And our Partner Program to provide jobs and income to the poorest sectors of Costa Rican society. Our partner program is supported by BID Lab and Fundecooperación who are helping us deliver the program on a national scale. Costa Rica Insect Company and we Save the World Eating Bugs!

ClearLeaf

Non Equity Assistance in 2021
ClearLeaf is a company specializing in the development of non-toxic agricultural solutions, utilizing patent-pending technology that is organic certified in the EU and Japan. The firm offers a range of environmentally friendly fungicides and bactericides designed for various crops, including coffee, bananas, pineapples, and several vegetables. ClearLeaf's flagship product, GotaBlanca®, is currently sold in Costa Rica, with plans for expansion into Central America. The company has secured an exclusive commercial agreement with Colono Agropecuario, the largest agrochemical distributor in the region, enabling it to significantly increase sales since entering the market. ClearLeaf's mission is to provide sustainable alternatives to conventional agrochemicals, promoting environmental health and worker safety on farms while supporting farmers in achieving greater efficiency and productivity.

IMIX LatAm

Non Equity Assistance in 2020
IMIX Consulting S.A.S specializes in creating inclusive digital ecosystems focused on financial inclusion. Based in Bogotá, Colombia, with additional offices in Quito, Ecuador; Lima, Peru; and San José, Costa Rica, the company offers a digital platform that transforms transactional processes and connects physical and digital channels. This platform provides a comprehensive portfolio of financial services, linking individuals and businesses while enabling financial and microfinance institutions to enhance their service offerings. IMIX Consulting also delivers consulting and digital payment services, facilitating the interconnection of payment and credit solutions for its clients.

MakerHealth

Grant in 2017
MakerHealth is a global organization focused on democratizing health technology by enabling clinicians and frontline staff to design, prototype, and fabricate medical devices. Rooted in MIT's Little Devices Lab, it supports healthcare teams with prototyping kits, MakerHealth Spaces, and educational resources, empowering medical makers to develop practical tools and iterate in real-world settings. Through its community network, MakerHealth aims to expand access to health technology fabrication across hospitals worldwide and foster cultures of creative prototyping to improve patient care.

Airstrument

Grant in 2017
Airstrument provides a motion-tracking wearable device that offers gamified feedback for rehabilitation and assistive purposes. It is currently testing the device as a musical and gamified platform for hand rehabilitation in collaboration with hospitals and NGOs in Israel, India, and Costa Rica.

Colibri

Non Equity Assistance in 2015
Colibrí accelerates the transition to renewable energy and increases the purchasing power of Nicaraguan families. Hummingbird is catalyzing the transition to clean energy and unlocking the purchasing power of Nicaraguan households.

ClearLeaf

ClearLeaf is a company specializing in the development of non-toxic agricultural solutions, utilizing patent-pending technology that is organic certified in the EU and Japan. The firm offers a range of environmentally friendly fungicides and bactericides designed for various crops, including coffee, bananas, pineapples, and several vegetables. ClearLeaf's flagship product, GotaBlanca®, is currently sold in Costa Rica, with plans for expansion into Central America. The company has secured an exclusive commercial agreement with Colono Agropecuario, the largest agrochemical distributor in the region, enabling it to significantly increase sales since entering the market. ClearLeaf's mission is to provide sustainable alternatives to conventional agrochemicals, promoting environmental health and worker safety on farms while supporting farmers in achieving greater efficiency and productivity.
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