MassChallenge

MassChallenge is a global nonprofit startup accelerator headquartered in Boston, Massachusetts, founded in 2009. It supports early-stage entrepreneurs from various industries, including technology, healthcare, and finance, by providing mentorship, resources, and networking opportunities. With locations in countries such as Israel, Mexico, Switzerland, and Texas, MassChallenge operates a non-equity model, allowing startups to retain full ownership while benefiting from expert guidance and connections. The accelerator conducts various programs tailored to specific sectors, such as MassChallenge HealthTech and MassChallenge FinTech, which facilitate partnerships between startups and established enterprises to drive innovation and market growth. Through its extensive global network, MassChallenge aims to strengthen the innovation ecosystem and empower high-potential startups to create meaningful impact.

Cait Brumme

Acting CEO

Siobhan Dullea

CEO

Matt 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 Oil and Gas Transportation

Relay Trade Solutions

Non Equity Assistance in 2021
Relay connects and digitizes the supply chain for domestic bulk commodity shipments. As a result, customers are able to reduce error rates and redundancy, increase staff productivity, and get paid faster.

GasApp

Non Equity Assistance in 2021
GasApp is an online platform for liquid petroleum gas distribution, leakage detector, and level monitor, through mobile apps and smart devices.

Plastogaz

Non Equity Assistance in 2021
Plastogaz is a company specializing in natural gas production from waste resources. It aims to produce a natural gas that can be used as a fuel or to produce new synthetic materials. Their technology relies on a patented catalyst and mitigates wastes plastics and greenhouse emissions. Plastogaz was founded in 2019 and is headquartered in Lausanne, Vaud, Switzerland.

FreightFlows

Pre Seed Round in 2020
FreightFlows is a maritime company that offers predictive analytics for global trade. It specializes in the fields of analytics, big data, data science, and machine learning. It was founded in 2018 and headquartered in Boston, Massachusetts.

CO2 Free Truck

Non Equity Assistance in 2020
CO2 Free Truck develops a device to capture the CO2 emitted by diesel engines. It can be installed on heavy trucks, light trucks, ships, or trains. The CO2 is transformed into liquid CO2 and stored on vehicles and can then either be sold on the CO2 market or can be utilized as a carbon source for producing green fuel (methane or liquid fuels) by combining it with hydrogen produced from renewable energy resources.

Quempin SpA

Non Equity Assistance in 2020
We break down barriers faced when changing from polluting fuel sources to cleaner alternatives by providing innovative combustion technology for heat transfer in ovens. QUEMPIN offers an efficient and low emissions gas burner for the heat sector that can reduce gas fuel consumption by at least 20%. For companies that use coal or firewood, we can offer our heat solution without investment costs. As a result, we help with the switching cost from dirty fuels to clean energy and economically viable.

M1neral

Non Equity Assistance in 2020
M1NERAL LLC provides a mineral intelligence platform that provides data, AI insights, and transaction automation to buyers, operators, and sellers. The company is based in Houston, Texas.

TrucksOnTheMap

Non Equity Assistance in 2020
TrucksOnTheMap is a company that provides software for digital freight brokers. They involve truckload, supply chain, transport planning, empty miles, empty freight runs, freight optimization, freight forwarding, technology, and wasteless logistics.

Less Platform

Non Equity Assistance in 2020
Less Platform is a logistics optimization and management company that offers route planning, logistics supply and transportation. Their product categories such as last-mile logistics, distribution logistics, less than truckload, field services logistics, and third party delivery.

Meight

Non Equity Assistance in 2019
Meight learning from data to help drivers for safer and less polluted places to live.

Dauntless XR

Non Equity Assistance in 2018
Dauntless equips the next generation of front line workers, aircrew, guardian, pilots, and maintainers with the latest in immersive technology.

OnRout

Grant in 2017
OnRout has built the tool to optimize e-commerce delivery operations across carriers, reducing total stops, increasing asset utilization, and shrinking delivery costs.

Gaszen

Non Equity Assistance in 2016
We provide moments of warmth for everyone, everywhere. We are the bridge that connects people to a more reliable and comfortable energy consumption experience. We created an IoT gas management platform, starting with propane that empowers people to have a better and fairest consumption experience. There are 3B people around the world who use propane as their main source of energy (cooking, hot showers and heating). The propane gas industry was worth 122B in 2015. Our go to market strategy is Mexico (the biggest propane consumer per capita in America), representing an 8B industry. There are 6 million stationary tanks within residential users and SMBs. Our device connects stationary propane tanks to the internet. Our platform connects the three main stakeholders; on one hand to the end user (Residential and SMB’s), later to the gas company and finally to the dispatchers. We have a device for the stationary tank, an application for the end user, a control dashboard for the SMB’s and a management dashboard for gas suppliers.

Gaszen

Seed Round in 2016
We provide moments of warmth for everyone, everywhere. We are the bridge that connects people to a more reliable and comfortable energy consumption experience. We created an IoT gas management platform, starting with propane that empowers people to have a better and fairest consumption experience. There are 3B people around the world who use propane as their main source of energy (cooking, hot showers and heating). The propane gas industry was worth 122B in 2015. Our go to market strategy is Mexico (the biggest propane consumer per capita in America), representing an 8B industry. There are 6 million stationary tanks within residential users and SMBs. Our device connects stationary propane tanks to the internet. Our platform connects the three main stakeholders; on one hand to the end user (Residential and SMB’s), later to the gas company and finally to the dispatchers. We have a device for the stationary tank, an application for the end user, a control dashboard for the SMB’s and a management dashboard for gas suppliers.

Freight Frog

Grant in 2015
Freight Frog is the easiest way to "micro-move" to anywhere in the US. People between the ages of 18-30 years old are the most frequent movers in America yet, there is not one moving service that caters to their individual needs. Until now. Freight Frog has created the "Micro Move" and is moving its clients to the 21st century. Customers can receive a flat guaranteed price in under 60 seconds from any computer or mobile device and can ship your items faster than any service in the country at a fraction of the competitor's prices.

FuelDrop

Grant in 2015
FuelDrop, is an up and coming start-up that formed out of MIT in the greater Boston area. For anyone living in a major city, filling up your car with gasoline can be a real pain. Limited gas stations coupled with high gas prices results in an experience that is dreaded by all. At fueldrop they ask ourselves, why are they still using this archaic method of getting gas? Why do they have thousands of cars driving to one gas station... what if the gas just came straight to your car? The team at fueldrop is creating a fuel delivery service so you will never have to go to a gas station again.

Iron Goat

Grant in 2015
Iron Goat uses an automated in-field manufacturing technique to produce pelleted and cubed products from hay and other grassy crops. Their process can produce feed products at a lower cost than conventional haying methods.

Sourcewater

Grant in 2015
Sourcewater, from MIT Energy Ventures, is the online exchange for sourcing, recycling, transporting and disposing of water for energy production, a $20 billion U.S. market. We create a marketplace that matches providers of water, wastewater, trucking, treatment, storage and disposal with energy producers, thereby minimizing the capital and operating costs of oil and gas production, ensuring reliability of the water supply chain, and reducing the environmental and community impact of hydraulic fracturing. For water sellers and service providers, Sourcewater creates a marketing platform that reduces cost of sales and maximizes utilization and profitability.

Hyliion

Grant in 2015
Hyliion is committed to creating innovative solutions that enable clean, flexible and affordable electricity production. The company’s primary focus is to provide distributed power generators that can operate on various fuel sources to future-proof against an ever-changing energy economy. Headquartered in Austin, Texas, and with research and development in Cincinnati, OH, Hyliion is addressing the commercial space first with a locally-deployable generator that can offer prime power, peak shaving, and renewables matching. Beyond stationary power, Hyliion will address mobile applications such as vehicles and marine. The KARNO generator is a fuel-agnostic solution, enabled by additive manufacturing, that leverages a linear heat generator architecture. Hyliion aims to offer innovative, yet practical solutions that contribute positively to the environment in the energy economy.

Railpod

Grant in 2013
RailPod provides the inspector with a visual depiction of the track environment supported by quantifiable measurements to enable the inspector to quickly and accurately identify track problems. The inspector's time on the track infrastructure is minimized, providing more efficient revenue operations and minimizing the inspector's exposure to the hazardous environment. Autonomous deployment and integrated scheduling provide the railroad with the flexibility to execute track inspection on a daily basis.

HydroConfidence

Grant in 2012
The mission of HydroConfidence is to provide the natural gas extraction industry with an offering of tools and services to help maximize gas production while minimizing environmental impact. HydroConfidence is developing two primary products. The first is an aquifer monitoring system that uses a network of well-based sensors to detect methane migration. The second is a downhole monitoring system that provides data on gas flow and mechanical integrity to help optimize gas production.

Dynamo Micropower

Grant in 2012
Dynamo develops a turbine-based power solution (50HP) for the oilfield that provides grid-like power quality while saving money. The company also specializes in the development of power solutions based on advanced fuel-flexible gas turbine technology tailored to the needs of the oil and gas industry. It also provides a solution to address this challenge in the fully packaged power plug-and-play solution for the oil and gas industry which operates on flare gas and delivers grid quality power. Dynamo equipment operates on local unrefined gas, reducing the cost of energy by up to 80%, while superior power quality improves the performance of driven equipment by up to 25%. It has fielded six turbines with marquee customers such as Kinder Morgan & Caterpillar and has booked 18 units for 2018. Dynamo was founded in 2011 and is headquartered in Boston, Massachusetts, USA.

LiquiGlide

Grant in 2012
LiquiGlide is a viable technology that allows viscous liquids to slide effortlessly. LiquiGlide is the first company to create permanently wet slippery surfaces. There is no other durable solution that makes viscous liquids slide easily.
Electric Pipeline Corporation has invented and is developing polymer insulated electric pipelines "elpipes" for transmission of 3-30 GW through a pair of underground HVDC lines. Elpipes fit inside a pipeline that is similar to a gas pipeline, or they may be installed at the surface on conventional or narrow gauge railroad tracks. The train like features of elpipes make them convenient to install and convenient to repair.

Made in the Commonwe

Grant in 2011
Made In the Commonwealth (MitC) will produce renewable jet fuel for the Commonwealth of Massachusetts. Using waste greases and animal fats, we will create 100% renewable, 100% fungible fuel that meets all standards and replaces imported petroleum-based products. Their plan includes appropriate and novel uses of existing infrastructure and established technology from MIT labs. We garnered support from State and local officials. If you care about the environment and the future, support MitC.
Reach Production Solutions is a Houston-based company that specializes in developing advanced compression solutions for oil and gas well operators. Established in 2009, the company focuses on enhancing production from multiphase wells through innovative technologies that streamline operations and minimize costs. Its offerings include the evaluation and simulation of well portfolios, surface installations, and ongoing monitoring and maintenance of production systems. Reach Production Solutions also provides artificial lift and frac hit recovery solutions, which are designed to be more efficient than traditional methods by reducing the need for costly interventions. The company's technology features fewer moving parts, resulting in lower vibration and noise, as well as improved efficiency and reduced infrastructure costs.
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