Innovation and Entrepreneurship (I&E)

Sonita Lontoh MLOG '04 has been named to the San Francisco Business Times list of the 2023 most influential women, reports Simon Campbell for San Francisco Business Times. “As a first-generation immigrant from Indonesia, who grew up in a diverse environment with family and friends of different ethnic and religious backgrounds, and who came to the United States alone as a teenager and built a technology career in Silicon Valley, I believe my upbringing and life experiences have enabled me to develop a truly diverse and global perspective,” says Lontoh.

Jasmina Aganovic ’09 founded Future Society, a brand that uses sequenced DNA from extinct flowers to create new scents, reports Celia Shatzman for Forbes. “[With] plants that are from another time, never before have we been able to time travel through smell,” says Aganovic. “But now we can do that, thanks specifically to DNA sequencing. It’s an example of where we're starting off with this concept of limitless nature. It isn't just about stories; it's also about performance.”

In an article for Tribal Business News, Chez Oxendine writes about the “seven new fellows in MIT Solve’s Indigenous Communities Fellowship, a sub-cohort of MIT’s larger Solve program, which provides grant funding, technical assistance, networking, and mentorship to entrepreneurs.” The fellows will now participate in a nine-month program, “working closely with MIT Solve’s team to identify how best the organization can support their burgeoning solutions.”

In an article for Forbes, Lecturer Guadalupe Hayes-Mota SB '08, SM '16, MBA '16 explores the “strategies to enhance supply chain visibility in biopharma.” “As the biopharmaceutical industry continues to grow and evolve, the supply chain's role becomes ever more critical,” writes Hayes-Mota. “Investing in these detailed strategies ensures resilience and positions companies for growth and innovation in a rapidly changing landscape.”

Researchers from Atlantic Quantum, an MIT startup building quantum computers, have published new research showing “the architecture of the circuits underlying its quantum computer produces far fewer errors than the industry standard,” reports Rashi Shrivastava for Forbes.

Dan Stack PhD ’20 speaks with TechCrunch reporter Tim De Chant about his startup Electrified Thermal Solutions, which is developing electrified firebricks to help decarbonize building materials.  

Maria Telleria ’08, SM’10, PhD ’13 speaks with Forbes contributor Stuart Anderson about her experience immigrating to the U.S. as a teenager, earning her PhD at MIT, and co-founding a company. “I don’t think I would have had these opportunities if I could not have come to the United States,” said Telleria. “I think it helped me grow by being exposed to two cultures. When you have had to think in two different ways, I think it makes you better understand other people and why they’re different. Coming to America has been an amazing opportunity.”

Wall Street Journal reporter Scott Patterson spotlights Form Energy, an MIT startup that will produce long-duration batteries using an electrochemical reaction that turns iron into rust and back again. Patterson notes that the goal at Form Energy was to “develop batteries that were cheap, didn’t catch fire, didn’t need scarce and costly metals like cobalt and lithium, and could produce electricity for a long time.”

Olivier Faber MArch ’23, Tim Cousin MArch ’23 and Eytan Levi MArch/MSRED ’21 co-founded Roofscapes Studio – an MIT startup that is transforming rooftops into green roofs to provide outdoor spaces in cities and combat the effects of climate change, reports Julia Chatterley for CNN.

Venti Technologies, which was co-founded by MIT researchers and alumni, is working to build autonomous vehicles for industrial and global supply chain hubs, reports Bruce Rogers for Forbes. “Working with the world's leading port operator provides Venti the opportunity to bring the economics of autonomous vehicles to over 60 ports globally,” writes Rogers. “These ports operate 24/7 requiring 2-3 shifts of human drivers.”

Boston Globe reporter Hiawatha Bray spotlights WiTricity, an MIT spinoff that designs wireless charging systems. “WiTricity uses magnetic fields rather than cables to give batteries a boost,” explains Bray.

Fortune has named Katie Rae, CEO of The Engine, as one of the top 13 seed stage, climate tech VCs to watch, reports Lucy Brewster for Fortune. “Rae tops venture firm The Engine, which beyond being a fund, is an investing arm that spun out of MIT,” explains Brewster. “Yet Rae invests in an array of companies and sources founders from beyond just university walls.”

Prof. Scott Stern co-leads the Place-Based Innovation Policy Study Group – “a group of academics, practitioners and NSF staff that aims to deploy ‘timely insight for the NSF Regional Innovation Engines program,’” reports Nature. Stern and his colleagues are “providing an assessment of the ‘state of knowledge’ of place-based innovation ecosystems and their relationship to geographical and socio-economic inclusion,” writes Nature.

Ali Khademhosseini PhD ’05 founded Omeat, a cell-cultivated meat startup, which aims to provide sustainable meat without sacrificing an animal, reports Larissa Zimberoff for Fast Company. “Omeat takes cell biopsies from their cows and uses that to grow muscle cells in the lab, in steel-tank bioreactors that allow the cells to proliferate,” explains Zimberoff.

Researchers from MIT and BU have developed the Cleana toilet seat, a set of non-electric automatic lifting and lowering toilet seats that aim to make bathrooms more sanitary, reports Rob Way for WHDH.