MassChallenge

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.

Cait Brumme

Acting CEO

Nick Dougherty

Managing Director, MassChallenge HealthTech

Siobhan Dullea

CEO

Matthew Lashmar

Managing Director

Camila Lecaros

Managing Director

Yonit Serkin

Managing Director

Devon Sherman

Founding Director, Head of MassChallenge FinTech

Michelle Williams

Vice President and Head of Texas Strategy

Past deals in Natural Resources

SeaStock

Grant in 2023
SeaStock is a global marine research company focused on developing solutions for the production and extraction of compounds derived from seaweed and algae. The company specializes in the processing of asparagopsis seaweed, which is utilized in creating methane-reducing feed ingredients among various other applications. By offering a range of products, SeaStock enables clients to select specific solutions tailored to their needs, contributing to advancements in marine science and sustainability.

Tree for the Taking

Non Equity Assistance in 2023
Tree for the The goal is to increase the electric guitar's accessibility while concurrently shifting the source of its materials from an extractive, colonialist origin to a sustainable one.

Azul Bio

Non Equity Assistance in 2023
Azul Bio specializes in marine ecosystem preservation and enhancement, focusing on coral reef restoration. They employ advanced biological analysis services to monitor and maintain aquatic environments, offering DNA-based biodiversity assessments, species genotyping, microbiome profiling, and disease detection. This data empowers marine researchers and industries to improve aquaculture practices and safeguard ocean ecosystems against climate change.

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.

Biomineral Systems

Non Equity Assistance in 2020
Biomineral Systems is a company focused on environmental biochemical research and technology aimed at addressing global environmental challenges. It offers a range of services, including phosphorus management, soil organic carbon management, and enhancement of soil quality. The company specializes in biogeochemical modeling for forest management, carbon trading and capture, as well as mineral synthesis and characterization. Additionally, Biomineral Systems provides consulting services and environmental policy advice to government agencies and medium to large enterprises. By equipping scientists and engineers with the tools and knowledge necessary to tackle issues related to food security, environmental sustainability, and biodiversity, Biomineral Systems plays a vital role in promoting ecological health and resilience.

Infinite Roots

Non Equity Assistance in 2020
Infinite Roots is a technology-driven company focused on creating sustainable health and wellness products using natural ingredients. The company specializes in fermentation technology, particularly the cultivation of mushroom mycelium, to produce healthy and eco-friendly foods. Their product range includes herbal supplements, skincare solutions, and meat alternatives, all designed to support holistic well-being and environmental sustainability. Infinite Roots is committed to using organic and ethically sourced materials, blending traditional remedies with modern science to promote natural healing and balance.

Xilinat

Grant in 2018
Xilinat manufactures natural sweeteners from xylitol using a natural and environmentally friendly process. Customers will not notice the difference when using Xilinat to sweeten favorite desserts, drinks, and foods. Xilinat aims to reduce health problems associated with excessive sugar consumption while also providing consumers with a healthy and delicious alternative.

EQO

Grant in 2018
Environmental Quality Operations (EQO) is a company focused on advancing environmental management through innovative molecular biology techniques. Its primary goal is to detect, monitor, and eradicate invasive species using a blend of bioengineering and diagnostic development expertise. EQO's services include highly sensitive assays for early detection of nuisance species, providing detailed analytics on population dynamics and activity. The company has developed a pioneering automated sampling platform that can be deployed at critical sites vulnerable to infestations, allowing for programmable sampling and rapid analysis of results upon submission. In addition to detection and monitoring, EQO conducts research and development aimed at creating targeted biopesticides designed to eliminate invasive species while minimizing adverse effects on native ecosystems, ultimately reducing costs associated with remediation efforts.

Loci Controls

Seed Round in 2014
Loci Controls, Inc. specializes in developing and commercializing automated landfill gas collection systems. The company has created the Loci WellWatcher, which consists of wellhead-mounted hardware and a cloud-based monitoring platform that collects crucial data to enhance landfill gas production. Loci Controls provides real-time monitoring and control of gas composition, pressure, temperature, and flow, resulting in an increase in gas collection efficiency by 20% or more. The company aims to improve safety and reduce operational costs for landfill operators and energy utility customers across the United States. Founded in 2012 and headquartered in Fall River, Massachusetts, Loci Controls combines innovative technology with field service personnel to optimize gas collection and mitigate environmental, health, and safety risks associated with landfill operations.

NCX

Grant in 2012
NCX operates a forest carbon marketplace that connects landowners with carbon credit buyers, facilitating access to natural capital markets for all sizes of landowners. The company utilizes advanced technologies, including remote sensing and artificial intelligence, to measure forest carbon on an annual basis across the American landscape. Through meticulous data practices, NCX generates high-integrity carbon credits that support both institutionally managed and family-owned forests. By enabling participation in carbon markets, NCX contributes to real climate action and empowers clients to achieve their sustainability goals.

Noor Pharmaceuticals

Grant in 2012
Noor Pharmaceuticals develops and commercializes halal vitamins and innovate and create natural wellness solutions. NoorVitamins™, a division of Noor Pharmaceuticals, which continues to be managed by doctors and scientists, delivers on this promise of Natural Wellness with a complete and innovative line of vitamins and supplements made with natural ingredients that are Pure, Potent, and Proven. Additionally, we are committed to ensuring that our products meet the highest possible FDA, GMP and NSF scientific and manufacturing standards.

Pearl's Premium

Grant in 2010
Pearl's Premium is a manufacturer of an ultra-low maintenance lawn seed mixture designed to significantly reduce water usage and maintenance requirements for homeowners. The company's product is all-natural and exhibits exceptional drought tolerance, allowing consumers to cut watering by at least 75% in most regions. With a growth rate that necessitates mowing only once a month in sunny areas and every six weeks in shaded regions, Pearl's Premium offers a convenient solution for maintaining a healthy lawn. Additionally, the grass remains green year-round without the need for chemical fertilizers, promoting an eco-friendly approach to lawn care. The company provides resources on installation, maintenance, and the environmental advantages of its product, enabling consumers to create sustainable and low-maintenance lawns.

Coastal Protection Solutions

Coastal Protection Solutions specializes in creating effective and easily deployable systems aimed at reducing coastal flooding and protecting communities from climate change and rising sea levels. The company focuses on providing innovative solutions for governments to enhance environmental resilience. Its offerings include a wave breaker designed to slow down wave velocity before it reaches the shore, and an artificial floating marsh system that extends and strengthens coastlines to counteract the impacts of sea-level rise. Through these technologies, Coastal Protection Solutions enables government entities to safeguard lives and property along vulnerable coastal areas.

Algas Organics

Algas Organics is a biotechnology company that produces organic fertilizers from Sargassum seaweed species. It aims to improve plant growth, soil health, and crop yields while promoting environmental sustainability. The company, founded in a garage and now recognized as a Forbes 30 Under 30 awardee, employs individuals from affected coastal communities, providing job opportunities while cleaning up Sargassum-infested coastlines.
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