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.”
Vox’s Rachel DuRose highlights the work of Noam Angrist BS ’13 and his co-founder Moitshepi Matsheng, who were included in the outlet’s 2023 Future Perfect 50 list for their nonprofit Youth Impact, which aims to reduce HIV transmission in Botswana. “The nonprofit is based out of Botswana’s capital of Gaborone and aims to bridge the gap between research and action, taking data-backed health and education solutions and scaling them,” writes DuRose.
Alumnus Dave Dussault founded Snapchill, a hot coffee company that uses technology to brew, “the best of both hot coffee and cold brew,” reports Grant Welker for NBC Boston. “The technology entails brewing the coffee hot, then dropping the temperature in a matter of seconds from more than 200 degrees to just above freezing,” explains Welker. “It's done using what Dussault said is essentially the same technology used in a refrigerator.”
Regent, a company co-founded by alumni Billy Thalheimer and Michael Klinker, has developed an all-electric sea glider, a low flying plane that operates only over water, reports Alan Ohnsman for Forbes. “We’ve seen airlines and the aviation field pick up a lot,” says Thalheimer. “We're starting to see airlines really think of themselves as transportation operators, thinking about that whole end-to-end customer journey. And seagliders can fit really nicely into that picture.”
Prof. Yet-Ming Chiang has been named to the TIME 100 Climate list, which highlights the world’s most influential climate leaders in business. “When it comes to cleantech, if it won’t scale, it doesn’t matter,” Chiang says. “This is a team sport—companies large and small, and governments state and federal, need to work together to get these new technologies out there where they can have impact.”
Forbes reporter Nancy Wang spotlights Tara Bishop '97 and Eileen Tanghal '97, co-founders of Black Opal Ventures, a venture capital firm focused on health tech. “Tara and Eileen’s story at Black Opal Ventures is a testament to how diversity and innovation can disrupt traditional landscapes,” writes Wang. “Their pioneering strategies and investments herald a new era for healthcare venture capitalism, where diversity and technology converge to create a more inclusive and impactful future.”