MassChallenge is a global nonprofit startup accelerator headquartered in Boston, Massachusetts, established in 2009. It supports early-stage entrepreneurs across various industries, including technology, healthcare, and social impact, by providing mentorship, resources, and networking opportunities. With locations in Israel, Mexico, Switzerland, Texas, and the UK, MassChallenge connects high-potential startups with industry experts and investors to foster innovation and facilitate growth. The accelerator operates on a non-equity model, allowing entrepreneurs to maintain full ownership of their companies while benefiting from strategic partnerships and tailored training programs. Through its diverse initiatives, such as targeted accelerator programs like MassChallenge HealthTech and FinTech, the organization aims to drive impactful change and enhance the global innovation ecosystem.
CloEE is an AI digital advisor focused on enhancing sustainability and operational efficiency in discrete manufacturing. By utilizing generative AI, it provides real-time data analysis from manufacturing equipment, as well as manufacturing execution systems and enterprise resource planning systems. CloEE aims to improve Overall Equipment Effectiveness (OEE), significantly reduce energy consumption by 30%, and minimize emergency stops by 95%. The platform offers quick and cost-free project implementation, facilitating manufacturers in saving time and money while addressing critical challenges such as production downtime, delivery delays, and high defect rates. Having connected 25,000 machines across 25 countries, CloEE promotes a new model for efficiency and emission management, ultimately helping manufacturers reduce carbon emissions and drive annual revenue growth.
Femtosense
Non Equity Assistance in 2024
Femtosense is a technology company focused on developing ultra-energy-efficient neural network models that facilitate large-scale neural network processing at the edge. By leveraging nonlinear dynamics and space-time sparsity inspired by biological neural networks, Femtosense's models optimize performance-per-joule for complex processing tasks. This innovation enables businesses to implement user interfaces that offer ultra-low latency, reduced power consumption, and enhanced user privacy.
Exum Instruments
Non Equity Assistance in 2021
Exum is a developer of scientific instruments and software ecosystems aimed at enhancing the speed of development and discovery in research. The company specializes in mass spectrometry, which transforms rock and fluid analysis for resource play research, allowing scientists to conduct studies more efficiently and cost-effectively. By providing easy access to high-performance tools, Exum supports the scientific community in achieving its research goals with reduced financial burdens.
(re)conceive ai
Non Equity Assistance in 2021
(re)conceive ai develops an ultra-low-power hardware platform for processing the next generation of artificial intelligence at the Edge.
Wyss Center
Non Equity Assistance in 2021
Epios personalized and precision management of brain disorders using daily life monitoring and therapeutics. The Epios system comprises a series of thin leads incorporating sensing electrodes and a miniature implant, inserted beneath the skin. The neural signals are wirelessly transmitted to an external receiver held in place on the skin directly over the implant with a magnet, and from there are conveyed to a wearable data processor and are finally securely stored in the Epios Cloud.
Ozark Integrated Circuits
Pre Seed Round in 2020
Ozark Integrated Circuits provides design techniques, modeling and design tools for integrated circuits and systems on chip for extreme environments.
Synthara
Non Equity Assistance in 2020
Synthara AG, a Swiss semiconductor startup founded in 2019 and based in Zurich, specializes in designing advanced smart sensors for industrial Internet of Things (IoT) applications and other energy-sensitive uses. The company focuses on developing energy-efficient computational AI chips tailored for various applications, including wearables, health monitoring, augmented reality/virtual reality, and aerospace technologies. Its flagship product, ComputeRAM, serves as a drop-in replacement for traditional SRAM, enabling complex calculations to be performed directly in memory. This innovation significantly reduces CPU workload, enhances system performance, and improves efficiency, particularly for AI applications. Synthara's technology is processor-type agnostic, compatible with architectures such as RISC-V, ARM, and x86, allowing seamless integration into existing microcontroller platforms. By empowering chipmakers and device manufacturers, Synthara aims to lower costs, accelerate time to market, and foster new avenues for innovation in the semiconductor industry.
ThinkEE
Grant in 2017
ThinkEE is a comprehensive platform designed for the collection, centralization, secure storage, and real-time analysis of data from various devices. It specializes in developing custom Internet of Things (IoT) applications, particularly for the food industry in managing HACCP regulations through an integration of IoT sensors and mobile applications. The platform enhances efficiency and decision-making across multiple sectors, including building management, smart cities, security, agriculture, and industrial applications. By providing insights into key metrics, ThinkEE enables clients to better understand their operations and optimize their processes for improved performance.
Embedly
Grant in 2010
Embedly provides a platform and suite of tools to make embedding and previewing links simple. Embedly helps publishers and consumers manage embed codes from more than 100 Websites and APIs, including YouTube, Flickr, Ustream, Picassa, Hulu, Twitpic, Quantcast, and CrunchBase. It automatically convert links from these sources into embedded media on the fly.
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