Startups

To help establish Massachusetts and the nation as a quantum leader, President Sally Kornbluth and Governor Maura Healey announced plans for a new share-used quantum research facility at MIT, writes Axios reporter Steph Solis. The Quantum Systems Laboratory would “host teams focused on using quantum mechanics for life sciences and defense research, but what would set the MIT project apart from existing labs is its ability to power direct communication among multiple quantum computers,” Solis explains. 

Thanks in part to a $25 investment from the Commonwealth of Massachusetts, MIT plans to open the Quantum Systems Laboratory, which will “provide quantum experts from across Massachusetts access to quantum hardware and specialized equipment,” reports Lucia Maffei for the Boston Business Journal. "This is good news for MIT, good news for Massachusetts and, frankly, good news for the world," said Governor Maura Healey. "This is really setting the stage to have cutting-edge quantum computers be able to operate in that building," said President Sally Kornbluth. "There will be many people throughout Massachusetts who come to use this facility. It's really a hub to make Massachusetts a quantum center.” 

State House News Service reporter Katie Castellani writes that President Sally Kornbluth and Governor Maura Healey announced a new shared-use quantum facility at MIT, the Quantum Systems Laboratory (QSL), aimed at providing scientists the opportunity to apply quantum research across various sectors, including defense and the life sciences. The QSL will “bring quantum computers together with quantum sensors and peripherals through physical channels that transfer information,” Castellani explains. 

MIT engineers have developed a new low-temperature process for extracting battery-grade lithium from hard rock, while also reducing waste, reports Gayoung Lee for Gizmodo. “Mining is essential to technology and therefore to society, yet it is perceived negatively by much of the public as a destructive, polluting industry, in some cases with good reason,” explains Prof. Yet-Ming Chiang. “We hope to help change that perception by showing that there are cleaner, more sustainable ways to do it.”

7 News reporter Polikseni Manxhari spotlights Erin Dawicki Sloan Fellow MBA ’24 and her work developing LymeAlert, an at-home kit that can test ticks for Lyme disease. “We really see this as a community-based healthcare initiative where we can all contribute significant information and hopefully figure out how to stop these little buggers in their tracks,” says Dawicki. 

Writing for MassLive, Scott Kirsner highlights Gander Robotics, a startup co-founded by Sloan graduate student Michael Autery, that is “developing a torpedo-like device that is light enough to be tossed over the side of a ship — and designed to find a person in the water.” Autery, who served 15 years in the U.S. Navy, first pitched the idea for an “autonomous rescue swimmer” as part of an MIT entrepreneurship competition and notes: “if I had the same idea in a different place at the same time, I’m not sure it would’ve played out the same way. Cambridge is this very rich ecosystem for entrepreneurship.”

MIT is exploring new pathways to build upon its entrepreneurial ecosystem, including creating additional support for startups and identifying new opportunities for successful translation and entrepreneurship, reports Greg Ryan for Bloomberg. “MIT has long had a reputation for fostering entrepreneurship: A 2015 report found that a quarter of alumni had founded their own companies, which together would have formed the world’s 10th-largest economy at the time,” explains Ryan. “Since then, MIT faculty and graduates have continued to develop new companies in technology, pharmaceuticals and other industries.” 

Luana Lopes Lara '18 and Tarek Mansour '18, MNG '19, co-founders of prediction market firm Kalshi, have been named to the Forbes World’s Youngest Billionaires list, reports Simone Melvin for Forbes.

Prof. Robert Langer, Prof. Giovanni Traverso and former postdoctoral fellow Thomas von Erlach founded Vivtex, a biotechnology startup that has “created a high-tech system called a ‘GI tract on a chip’ that uses robotics and AI to test how drugs move through the human digestive system,” reports Beth Treffeisen for Boston.com. “The technology allows Vivtex to quickly test thousands of drug formulations and predict how they will be absorbed in people, much more accurately than traditional lab methods.” 

Profs. Robert Langer, Giovanni Traverso and former postdoctoral fellow Thomas von Erlach have founded Vivtex, a biotechnology startup specializing in “oral alternatives to drugs administered by injections,” reports Jonathan Satlzman for The Boston Globe. Vivtex, now working in collaboration with Novo Nordisk, is looking to develop a new class of “pills to treat obesity and diabetes,” explains Saltzman. 

Boston Globe reporter Jon Chesto spotlights the MIT Martin Trust Center for MIT Entrepreneurship’s delta v startup accelerator program, which is designed to help early-stage startups find success in the Boston area. With financial support from Klaviyo co-founders Ed Hallen MBA ’12, and Andrew Bialecki, the program will “help support more customizing, to better tailor the program for each entrepreneur, as well as a broadening of its professional network, to support mentorship from industry veterans for the participating startups,” writes Chesto. 

Guide Labs, co-founded by Julius Adebayo SM ’15, SM ’16, PhD ’22, has debuted a large language model designed to make “its actions easily interpretable,” reports Tim Fernholz for Tech Crunch. “Every token produced by the model can be traced back to its origins in the LLM’s training data,” explains Fernholz. 

Increase, a startup founded by alumnus Darragh Buckley, has been named to the Forbes The Future of Business to Business Banking: Fintech 50 2026 list, reports Brandon Kochkodin for Forbes. “Increase provides banking infrastructure that lets fintechs and businesses move money, store deposits and access payment rails without building direct bank connections,” writes Kochkodin.

Kalshi and Común, two startups founded by MIT alumni, have been named to the 2026 Forbes Fintech 50 list. Kalshi is a prediction market that “had 1.2 million active users in 2025, and total trading volume hit $24 billion” while Común “offers digital banking geared toward Hispanic immigrants,” reports Jeff Kauflin for Forbes. 

Brian Bergstein at The Boston Globe speaks with Bob Mumgaard SM '15, PhD '15, CEO of MIT spinout Commonwealth Fusion Systems, about the company’s efforts to advance fusion technologies.  “When the federal government said in 2012 that it would cut funding for the experimental fusion reactor on campus, the MIT researchers took that as an opportunity to develop new fusion techniques — which eventually formed the basis of CFS’s plans,” writes Bergstein.