The Engine Accelerator, a spinoff from The Engine, is a new unit designed to help early startups “get off the ground with a deeper level of support, including office and lab space,” reports Aaron Pressman for The Boston Globe. “Real estate is actually a big need of a company that is doing tough tech, but they need different types of real estate,” says Emily Knight, president of the Engine Accelerator.
Fast Company reporter Adele Peters spotlights Boston Metal – an MIT startup that uses electrolysis to heat iron ore and create liquid steel without releasing carbon emissions. “If the process runs on renewable energy, the steel is zero-emissions,” explains Peters. “The same technique can be used to extract other valuable metals from mining waste.”
Prof. Ron Weiss co-founded Strand Therapeutics, a biotech company developing mRNA therapies, reports Emily Mullin for Wired. “The notion is that genetic circuits can really have significant impact on safety and efficacy,” says Weiss. “This begins to really open up the door for creating therapies whose sophistication can match the underlying complexity of biology.”
Priyadarshi Panda PhD '11 – founder of International Battery Company, a startup developing lithium-ion battery cells for electric vehicles – is working to “bridge the demand-supply gap in the growing EV market in India,” reports Jagmeet Singh for TechCrunch. “There is a lot of demand in the Indian market, which is satisfied through imports right now,” says Panda. “No cells are being manufactured in India. So, we want to participate in that journey in India.”
Prof. Fiona Murray, associate dean for innovation and inclusion at MIT Sloan, speaks with Bloomberg Law reporter Lauren Castle about her recent study that found female PhD students are 17% less likely to become new inventors compared with their male counterparts. “What we can show is relative to the supply into Ph.D. programs, there’s still just this huge difference in the percentage of women on patents coming out of the labs than there are in the university,” says Murray.
Philip Adama Abel '15 co-founded Cleva, “a banking platform for African individuals and businesses to receive international payments by opening USD accounts,” reports Tage Kene-Okafor TechCrunch. “Long term, we are open to Cleva evolving from just being a product-only service to being a platform issuing APIs to do a bunch of other things that help us distribute services across other African countries or around the world,” says Abel.
Cement production is a climate catastrophe, writes MIT Technology Review’s Casey Crownhart, pumping billions of metric tons of carbon dioxide into the atmosphere. Sublime Systems, a startup founded by MIT Prof. Yet-Ming Chiang and former postdoc Leah Ellis, uses electricity to trigger the chemical reactions that form the building material. Over the past few years, it’s gone from making palm-sized batches to producing 100 tons a year. The next stage is a commercial facility producing tens of thousands of tons of material a year.
Tristan Swedish SM '17, PhD '22 co-founded Ubicept – a company that “uses a radically different kind of digital camera that can shoot razor-sharp images under the most challenging conditions, and can even see around corners,” reports Hiawatha Bray for The Boston Globe. “Ubicept abandons the chip technology called CMOS, or complementary metal-oxide semiconductors, that’s used in nearly all digital cameras, in favor of a newer kind of sensor,” explains Bray.
Fortune reporter Trey Williams spotlights alumnus Alexandr Wang, co-founder of Scale AI, a “software company that tags text, images, and videos to help companies improve the data used to train AI algorithms.”
Former Postdoc Rana el Kaliouby speaks with Boston Globe reporter Janelle Nanos about her work focused on infusing emotional intelligence into AI. “I’m an optimist, but I’m a realist as well, and I can see where this can go wrong,” says Kaliouby. “I think one of the biggest concerns around AI is bias and how we’re building bias into these models and then deploying them at scale everywhere around the world.”
Dynamic Labs, co-founded by Itai Turbahn '11 and Yoni Goldberg '09, MEng '10, offers “tech for crypto and non-crypto companies alike to create seamless login experiences backed by digital wallets,” reports Marco Quiroz-Gutierrez for Fortune. “The firm’s wallet-based business is twofold,” explains Quiroz-Gutierrez. “It offers a customizable all-in-one service that can either push the crypto wallet technology to the background for less savvy users or put it front and center for Web3 natives.”
Bloomberg reporter Magdalena del Valle spotlights Regent, an all-electric sea glider startup founded by alumni Billy Thalheimer and Michael Klinker. Regent is combining electric propulsion and hydrofoils to, “offer a carbon-free alternative for overwater routes such as New York to Boston, Los Angeles to San Diego, or Miami to the Bahamas,” writes del Valle.
Alexander Bratianu-Badea SM '15 co-founded De-Ice, a startup creating a new and efficient way to thaw aircrafts, reports Kate Duffy for Bloomberg. Bratianu-Badea says, “De-Ice’s strips stick onto the plane with aerospace-grade, acrylic-based adhesive backing. During regulatory tests, the system was exposed to different temperatures, humidifies and chemicals. Even UV light and submersion in a heated oil bath couldn’t damage it.”
Postdoctoral associate Wen Shuhao and postdoctoral fellows Ma Jian and Lai Lipeng co-founded Xtalpi, a biotech startup that uses “artificial intelligence to find chemical compounds that could be developed into new drugs,” reports Zinnia Lee for Forbes. “By combining AI, quantum physics, cloud computing and robotic automation, Xtalpi said it helps increase the efficiency and success rate of identifying novel drug compounds,” writes Lee. “The company has recently expanded into discovering new chemical compounds for agricultural technology, cosmetics and other applications.”