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Innovation and Entrepreneurship (I&E)

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The Atlantic

Boston Metal, an MIT spinout, has created a new manufacturing method that could help engineers reshape the way in which alloy is made, reports Marcello Rossi for The Atlantic. The process is “called ‘molten oxide electrolysis,’ in which a current moves through a cell containing iron ore,” explains Rossi.

Forbes

Jerry Ting, co-founder and CEO of Evisort, found inspiration for the AI contracts provider company after working with fellow co-founder Amine Anoun SM ’17, reports Alexandra Sternlicht for Forbes. Ting “realized that firms bill hundreds of dollars per hour for lawyers to simply read documents” writes Sternlicht. “And like most startup founders, he imagined a better way.”

WBUR

A new study co-authored by Prof. Pierre Azoulay finds that immigrants are 80% more likely to start businesses than people born in the U.S., reports Yasmin Amer for WBUR. "[Immigrants] create more firms pretty much in every size bucket," says Azoulay. "They create more small firms, they create more medium sized firms. They create more firms that will grow up to be very large."

Forbes

Eureka Robotics, an automation company based in Singapore, has developed their products based on research from MIT and Nanyang Technological University, reports Catherine Shu for TechCrunch. “It [Eureka Robotics] focuses on robotic software and systems to automate tasks that require High Accuracy and high Agility (HAHA),” writes Shu. “Its robots are used for precision handling, assembly, inspection, drilling and other tasks.”

Forbes

Forbes reporter Trond Arne Undheim spotlights the “Manufacturing at MIT Symposium: 2022 and Beyond” conference. “MIT appears to be renewing its manufacturing research and innovation efforts at a pivotal time, with a four-fold focus on technology, workforce development, policy efforts and innovation,” writes Undheim.

Financial Times

Financial Times reporter William D. Cohan profiles Robert Joseph Scaringe SM ’07, PhD ’09 and his personal and professional career in developing Rivian, an electric vehicle technology company dedicated to building vehicles that change the way we consume fossil fuels. “Scaringe has been pining to run his own car company since he was a 17-year-old growing up on the Atlantic coast of Florida, just south of Cape Canaveral. ‘If you were to go in my bedroom as a kid, you’d find [car] hoods under the bed and windshields in the closet,’ he says.”

The Boston Globe

Writing for The Boston Globe, Alex Amouyel, executive director of MIT Solve, makes the case that “innovation is about solving problems. And if innovation is about solving problems, what problems you are solving and who is setting about solving them is key.” Amouyel adds: “If we are going to get serious about solving world challenges, we all need to adopt more open and participatory systems to find, fund, and support innovators, wherever they may be.”

Reuters

Prof. Yet-Ming Chiang ’85, Prof. Craig Carter and Throop Wilder co-founded MIT spinout 24M, which “will manufacture next-generation lithium-ion batteries using its cell technology,” reports Reuters.  

The Conversation

The Conversation spotlights Institute Prof. Robert Langer ‘74 who spoke at the 2022 Imagine Solutions Conference about his academic career and work applying his chemical engineering background to his research in health sciences. “I learned that if you’re not your own champion, nobody else will be,” says Langer. “So, I got involved in patenting things, and my students were very interested in seeing their work make a difference… My story is sort of one person’s example of how you can try to use science to help relieve suffering and prolong life.”

Bloomberg

Bruce Anderson ’73, founder and CEO of MIT spinout 247 Solar, speaks with Bloomberg Baystate Business Hour host Janet Wu about the power of solar energy and growing climate concerns for the future. “We are facing dire circumstances here,” says Anderson. “We have no clue what the climate’s tipping point is where it all of sudden goes in a direction that we cannot recover from, no matter how much carbon we remove from the air."

Fast Company

Fast Company reporter Connie Lin spotlights how Algorand, an MIT startup founded by Prof. Silvio Micali, dimmed the lights in Times Square on April 21 to help conserve energy and demonstrate how cryptocurrency could reduce energy consumption. Algorand has developed a carbon-negative blockchain protocol and “utilizes a pure proof-of-stake consensus mechanism to verify authentic transactions.”

The Boston Globe

Satellite Bio, a startup co-founded by Prof. Sangeeta Bhatia, aims to create “tissue implants to ‘repair, restore, or even replace’ diseased or dying organs,” reports Ryan Cross for The Boston Globe.

Boston Magazine

Boston Magazine reporter Scott Kearnan spotlights Clover, a farm-fresh restaurant and food truck, created by Ayr Muir BS ’00, SM ’01. “Clover is so confident about its commitment to only using fresh-from-the-farm produce that, believe it or not, it doesn’t have a single freezer in its restaurants,” writes Kearnan.

The Boston Globe

The Boston Globe highlights Robert Buderi’s new book, “Where Futures Converge: Kendall Square and the Making of a Global Innovation Hub.” Buderi features the Future Founders Initiative, an effort by Prof. Sangeeta Bhatia, President Emerita Susan Hockfield and Prof. Emerita Nancy Hopkins aimed at increasing female entrepreneurship. 

TechCrunch

TechCrunch reporter Kyle Wiggers spotlights MIT startup Amplemarket, a sales enablement company, co-founded by João Batalha ’13, Luis Batalha and Micael Oliveira. “We’ve leveraged our combination of technical backgrounds and applied it to one of the oldest trades: sales,” says J. Batalha.