MassChallenge is a global nonprofit startup accelerator headquartered in Boston, Massachusetts, founded in 2009. It supports early-stage entrepreneurs from various industries, including technology, healthcare, and finance, by providing mentorship, resources, and networking opportunities. With locations in countries such as Israel, Mexico, Switzerland, and Texas, MassChallenge operates a non-equity model, allowing startups to retain full ownership while benefiting from expert guidance and connections. The accelerator conducts various programs tailored to specific sectors, such as MassChallenge HealthTech and MassChallenge FinTech, which facilitate partnerships between startups and established enterprises to drive innovation and market growth. Through its extensive global network, MassChallenge aims to strengthen the innovation ecosystem and empower high-potential startups to create meaningful impact.
CloEE is an AI digital advisor focused on enhancing sustainability and operational efficiency in discrete manufacturing. By utilizing generative AI, it provides real-time data analysis from manufacturing equipment, as well as manufacturing execution systems and enterprise resource planning systems. CloEE aims to improve Overall Equipment Effectiveness (OEE), significantly reduce energy consumption by 30%, and minimize emergency stops by 95%. The platform offers quick and cost-free project implementation, facilitating manufacturers in saving time and money while addressing critical challenges such as production downtime, delivery delays, and high defect rates. Having connected 25,000 machines across 25 countries, CloEE promotes a new model for efficiency and emission management, ultimately helping manufacturers reduce carbon emissions and drive annual revenue growth.
SeebeckCell technologies (SCT)
Non Equity Assistance in 2021
SeebeckCell Technologies(SCT) develop and manufacture carbon-negative power solution for Industrial IoTs by utilizing waste heat around them. SCT's first product utilizes ample waste heat in industrial facilities to provide power for the IoT sensors, eliminating the need for changing batteries and increasing active time.
DTA-Agrícola
Non Equity Assistance in 2021
DTA-Agrícola is a modular solution that automates traditional agricultural equipment, optimizes parcel management, increases productivity, and reduces risks associated with chemical and physical factors, based on the use of Artificial Intelligence and Data Mining. It does not require a large investment by the farmer, it allows real-time monitoring and control of irrigation systems. Which implies an increase in quality, saving natural resources and agricultural inputs.
Volatile
Non Equity Assistance in 2021
Volatile AI works with all of the major existing chemical sensing technologies aimed at gas detection and screening. By combining these existing sensors with AI algorithms, company's solution can speed up the detection and profiling of ingredients and substances in manufacturing processes by up to 20x.
ReelData AI
Grant in 2020
ReelData provides a suite of artificial intelligence and automation products that allow land-based fish farms to increase production volumes while decreasing risk and wasted resources. It also provides reliable, accurate monitoring, analysis, and optimized automation working with each farm 1-on-1 to increase operational efficiency, save costs, grow fish faster, and reduce risks.
IndustrialML
Grant in 2020
IndustrialML is a Boston-based startup founded in 2018 that focuses on enhancing the efficiency of industrial operations. The company develops enterprise software aimed at maximizing uptime and minimizing waste in manufacturing environments. Its platform collects, cleans, and curates data from factory sensors and enterprise IT systems, facilitating process monitoring and real-time analytics. By providing actionable insights to operators and engineers, IndustrialML enables factories to improve productivity and streamline operations, ultimately making manufacturing processes smarter and more responsive to operational demands.
Droople
Non Equity Assistance in 2020
Droople is a company focused on advancing water management technology to enhance water conservation and usage efficiency. It offers an innovative water intelligence platform that integrates Internet of Things technology with artificial intelligence, allowing for real-time analysis of water consumption and leak detection. The company's retrofittable, AI-embedded devices utilize a fog computing architecture to provide insights that help individuals and businesses manage their water resources more effectively. By equipping water asset manufacturers, operators, and building owners with essential tools, Droople aims to foster a sustainable future by promoting responsible water use and minimizing pollution.
CSS Worldwide
Non Equity Assistance in 2020
CSS Worldwide specializes in enhancing workplace safety through innovative monitoring systems that utilize sensing technology and proprietary algorithms. The company focuses on detecting and analyzing safety incidents, particularly slips, trips, and falls, which are the leading cause of lost time accidents. By employing wearable sensors, CSS Worldwide captures near-miss and accident events, enabling clients to identify and locate other workers or mobile equipment in the vicinity. The system anonymously records interactions leading up to incidents, allowing for detailed animated replay and analysis to improve safety performance and prevent future accidents.
ThermoAI
Non Equity Assistance in 2020
ThermoAI uses patent-pending proprietary machine learning algorithms to optimize the total processes of industrial combustion. How does the moisture content effect reaction temperatures? How does falling atmospheric pressure impact the amount of fuel needed? What is the exact optimal level of air intake to ensure perfect combustion? Our systems constantly monitor all factors and are constantly optimizing levels to keep a close to perfect combustion. Saving fuel, increasing energy output, increasing the lifetime value of expensive parts, and lowering emissions.
Kügar
Non Equity Assistance in 2020
Kügar is an industrial automation company that offers robotic automation solutions. It specializes in the fields of industrial engineering, manufacturing, and robotics. It was founded in 2013 and headquartered in San Francisco, California.
Eco-Adapt
Non Equity Assistance in 2020
Eco-Adapt is a consultancy firm specializing in environmental solutions and software development, led by Laurent Laparra. The company focuses on digitizing complex processes to enhance efficiency in energy monitoring and predictive maintenance of industrial assets. Eco-Adapt designs and manufactures electronic products that feature non-intrusive connected hardware and a cloud platform, which utilizes signal processing and predictive algorithms. This technology enables clients to accurately measure the electrical signals of their assets, facilitating improved management and sustainability practices. The firm is supported by a committee of mentors from various sectors, including business, media, and finance, enhancing its expertise and outreach in the industry.
1 Degree Freedom Robotics Pvt Ltd
Non Equity Assistance in 2020
1 Degree Freedom robotics developing Modular Smart Actuation systems that reduce the development time required for Robotic Solution Providers to build Robots for various applications. By using IoT technology along with intelligent algorithms we also provide reliability management services for these systems to reduce downtime of the robots. We have started with a product line of Smart Wheels that encapsulates the complexity of motion in mobile robots in the form factor of a wheel.
Asystom
Non Equity Assistance in 2020
Asystom is a company that specializes in predictive maintenance solutions for industrial equipment. Established in 2016, it focuses on developing systems that integrate sensors and embedded intelligence to proactively prevent equipment breakdowns. Asystom offers a comprehensive, standalone predictive maintenance tool that monitors various components of industrial systems, regardless of their age or design. This approach allows industries to analyze, detect, diagnose, predict, and avoid potential machine failures without facing installation constraints. The company's innovative technology aims to enhance operational efficiency and reduce downtime in industrial settings.
Volatile
Seed Round in 2019
Volatile AI works with all of the major existing chemical sensing technologies aimed at gas detection and screening. By combining these existing sensors with AI algorithms, company's solution can speed up the detection and profiling of ingredients and substances in manufacturing processes by up to 20x.
asvin.io
Non Equity Assistance in 2019
Since 2018, asvin’s cybersecurity company's mission has been safeguarding organizations and their valuable data, inspired by the healing Asvin twins from Hindu mythology. With a proactive approach, we provide predictive solutions to ensure our clients' systems and devices' health and resilience, establishing trust, security, and resilience throughout the software lifecycle. We provide predictive cybersecurity with unique mesh architectures, knowledge-graph, and risk-by-context methodologies. Our state-of-the-art Risk-By-Context index enables informed decision-making by identifying complex threat patterns for advanced risk analysis. You get improved prioritization, stay ahead of threats, allocate resources efficiently, respond timely, and maximize your security investments. Our research is leveraging AI for enhanced threat intelligence and risk analytics, investigating vulnerabilities related to AI training data manipulation and emerging cyber risks. Collaborating with esteemed partners like MIT, Fraunhofer, and KIT, we contribute to national and international projects. asvin BeeHive, our Cybersecurity Management System (CSMS), ensures regulatory compliance and resilience in software ecosystems. With APIs for Software Update Management (SUMS), comprehensive threat intelligence, and risk analysis (SBoM analytics), BeeHive gives you a robust security framework. Our predictive cybersecurity solutions cater to critical sectors in industrial and public domains. Our Risk-By-Context solution excels at identifying, assessing, and mitigating risks, customizable to each customer's specific requirements. With an end-to-end trust layer along data supply chains, BeeHive boosts resilience against cyber-attacks, ensuring compliance with legal and regulatory obligations. Our approved technologies benefit diverse industries, such as automotive, engineering, energy, telecommunications, and public infrastructures. Our comprehensive cybersecurity protection is reliable across all sectors, from connected devices to OT environments and cyber-regulatory needs. Choose asvin to empower your cyber resilience and safeguard your assets throughout the lifecycle like never before.
MuZ Motion
Non Equity Assistance in 2019
MuZ Motion is a robotics company focused on developing advanced motion and control automation solutions. It specializes in creating custom high-performance motion systems that aim to overcome the limitations of existing robotics technology. The company's patented Field Modulation Motion System (FMMS) offers enhanced performance features, which are particularly beneficial for the collaborative robotics sector. By improving motion capabilities, MuZ Motion enables businesses to achieve significant advancements in robotics, thereby expanding application possibilities and market opportunities.
Simplesense
Non Equity Assistance in 2019
Simplesense develops an emergency response platform that enhances coordination between public and private first responders. The platform is designed to protect critical infrastructure from cyber attacks, facilitating real-time monitoring, diagnosis, and response to incidents. By integrating cyber-physical infrastructure from the cloud to local communication systems, Simplesense enables first responders to access previously siloed information, thereby improving response times and minimizing the potential for loss of life and serious injury during emergencies. The company focuses on providing effective cybersecurity solutions tailored for Industrial Control Systems and Operational Technology.
Multiscale Systems
Non Equity Assistance in 2019
Multiscale Systems produces industrial innovations through technical engineering services and a robust in-house R&D program. The company specializes in metamaterial composites and focuses on advanced manufacturing.
ROVENSO
Non Equity Assistance in 2018
ROVENSO is a Swiss startup from EPFL (Swiss Federal Institute of Technology Lausanne) incorporated in 2016.We are based near Lausanne (Switzerland). We develop, manufacture and market ROVéo, an agile robot for security and safety monitoring of industrial sites.ROVéo patrols fully autonomously 24/7, 2-3x more cost-effective than manned guarding, inside and outside industrial buildings, preventing intrusions, detecting any thefts of assets, but also detecting safety hazards such as start of fires, leaks or systems dysfunctions that could put people’s life at risks and that could be even missed by security guards.
GenLots
Non Equity Assistance in 2018
GenLots developed at ETHZ, is an artificial intelligence company that discovered the optimal way to place an industrial company’s orders through time, based on its material requirements forecasts accounting simultaneously for all relevant factors (perishability, lead times, storage, etc.). It minimizes supply chain costs, allowing up to 40% reduction on inventory values and order costs per material.
Cleo Robotics
Non Equity Assistance in 2018
Cleo Robotics is focused on creating innovative drone technology tailored for indoor use and confined spaces. The company develops compact, lightweight, and portable drones that facilitate safe operations for reconnaissance and inspections. These drones are designed to be user-friendly, enabling clients to gather essential data in challenging environments, such as those lacking GPS or in hazardous locations. Cleo Robotics aims to enhance operational safety and efficiency in various sectors through its advanced drone solutions.
Labber
Non Equity Assistance in 2018
Software for instrument control and lab automation, with special focus on quantum computing
Maximl Labs Private Limited
Non Equity Assistance in 2018
Maximl is an industrial technology company with its roots in IIT Madras. We work with some of the largest energy companies, transforming their frontline operations across multiple use cases including maintenance, inspection and operational safety. Over the last 7 years, Maximl has helped 100 sites to measurably move the needle on asset downtime and safety risk. Maximl has also emerged as the market leader in digital turnaround management space with its presence across 21 out of 23 refineries in India.
Clevot
Grant in 2017
Clevot specializes in developing advanced cleaning technology tailored for the food processing industry. Their innovative solutions enhance the efficiency of industrial cleaning processes, allowing manufacturers to perform continuous dry cleaning and sanitizing during production. This technology not only optimizes resource usage but also helps businesses save water and minimize waste, addressing the environmental impact associated with traditional cleaning methods. Through these advancements, Clevot aims to improve cleaning efficacy while promoting sustainable practices within the industrial sector.
Skyven Technologies
Grant in 2017
Skyven Technologies is an energy-as-a-service company focused on decarbonizing industrial process heat for manufacturers in hard-to-decarbonize sectors. The company aims to reduce onsite CO2 emissions by providing clean, emissions-free process heat at costs lower than natural gas. Skyven implements advanced decarbonization technologies, such as their Arcturus line of steam-generating heat pumps, without requiring capital expenditures or disrupting manufacturing processes. They monitor carbon emissions in real-time and charge clients only for the clean energy supplied. Additionally, Skyven offers dashboards that display real-time data on savings and carbon metrics, supporting facilities in their transition to greener energy sources while also recovering waste heat to produce sustainable steam.
Komp-ACT
Grant in 2017
KOMP-ACT has developed Modula, an innovative electric actuator solution that is poised to electrify the next generation of the industrial machines in the automation industry for the benefits of the machines builders, end-users and last but not least our environment towards an important reduction of CO2 emissions.
Novamet sarl
Non Equity Assistance in 2017
Novamet develops a smart data-driven tool to optimize aluminium melting (recycling) processes. Novamet develops Smart Controling System to enhance the efficiency of metling process in Aluminium industries. The approach is based on on-line data acquisition, efficient numerical modeling and machine learning of heat exchanges within a industerial furnace.
Distran
Grant in 2016
Distran, a spin-off from the Autonomous System Lab at ETH Zurich, specializes in the development of advanced acoustic sensors aimed at enhancing safety for industrial workers and minimizing environmental impact. The company focuses on manufacturing ultrasound cameras that cater to various sectors, including oil and gas, power generation, and chemical engineering. Distran's innovative phased-array sensors address the limitations of traditional acoustic sensors, which often struggle to function effectively in noisy industrial environments. By spatially filtering sounds, these sensors enable the detection of defects such as leaks or discharges from a safe distance, thereby allowing clients to protect their workforce and reduce their ecological footprint.
FLYX.Systems
Grant in 2016
FLYX.Systems develops technological platforms for the new IUAS, fully autonomous, no human intervention. They are creating the infrastructure for a new generation of Unmanned Aerial Vehicles, fully autonomous, reliable and redundant for industrial applications that will expand aerospace productivity for both rural and urban areas. They have designed a landing platform that allows "industrial drones" to land, recharge and takeoff without human intervention/error in a matter of seconds. Applications include package transportation, mapping, day/night security, agriculture, quick response, and a big ETC.
Converge
Grant in 2015
Converge specializes in providing hardware and software solutions for the collection, storage, and analysis of sensor data, primarily serving the medical and construction industries. The company develops transmitters that connect to both digital and analog sensors, transforming them into wireless networked devices. Additionally, Converge offers a software platform designed to store, analyze, and visualize the data generated by these sensors. Their solutions facilitate data connectivity in hospitals, allowing healthcare professionals to manipulate and visualize patient data, which helps tailor treatments and optimize discharge processes. Converge is headquartered in London, United Kingdom, and is focused on advancing wireless sensor networks for the industrial Internet of Things, replacing manual monitoring with automated, continuous data collection and analytics.
Loci Controls
Seed Round in 2014
Loci Controls, Inc. specializes in the development and commercialization of an automated landfill gas collection system. The company offers Loci WellWatcher, a system featuring wellhead-mounted hardware and cloud-based monitoring and analytics that optimize methane extraction from landfills. By providing real-time monitoring of gas composition, pressure, temperature, and flow, Loci Controls has demonstrated the capability to enhance gas collection efficiency by over 20%, while also improving safety and reducing operational costs for landfill operators and energy utility customers in the United States. The company combines innovative sensor technology, continuous monitoring, advanced algorithms, and field service support to increase profitability and mitigate environmental, health, and safety risks. Founded in 2012 and based in Fall River, Massachusetts, Loci Controls is committed to advancing technology for the effective management of landfill gas resources.
AMS-Qi
Grant in 2013
AMS-Qi, established in 2012, supports the global growth of AMS LTD, a company with expertise in optics, fine mechanics, heat transfer, and electronics since 1990. Founded by experts in electro-optics and process control, AMS-Qi focuses on developing and commercializing innovative solutions for the power generation and microelectronics markets in the United States. The company specializes in electricity generation technology designed to enhance efficiency, improve the burning of coal and biofuels, reduce boiler downtime, and minimize pollutant emissions. With its unique turn-key and serial production capabilities, AMS-Qi is committed to addressing customer needs effectively.
HydroConfidence
Grant in 2012
The mission of HydroConfidence is to provide the natural gas extraction industry with an offering of tools and services to help maximize gas production while minimizing environmental impact. HydroConfidence is developing two primary products. The first is an aquifer monitoring system that uses a network of well-based sensors to detect methane migration. The second is a downhole monitoring system that provides data on gas flow and mechanical integrity to help optimize gas production.
Lab Automate Technologies
Grant in 2012
Lab Automate Technologies specializes in providing automation solutions tailored for the biotech, pharmaceutical, food, chemical, and environmental control industries. The company focuses on designing and developing cost-effective systems that enhance the efficiency and reliability of laboratory and manufacturing processes. By leveraging advanced technology, Lab Automate Technologies offers precision powder dispensing solutions that streamline product development and reduce the overall lifecycle of testing and manufacturing. This enables clients to improve their competitive edge in global markets.
AirVentions
Grant in 2011
AirVentions develops technology that offers practical, cost saving solutions for the transportation and aviation industries. Their lead products focus on collision avoidance systems for airport support equipment. They address problems that cause damage to aircraft which oftentimes lead to delays, cancellations and other costly inefficiencies. While training for a ramp agent position, Spencer Irvine learned about the costly nature of seemingly avoidable collisions that occur on the airport ramp between parked aircraft and ground support vehicles. Observing that the industry had very little technological innovation in this area, he then designed a collision avoidance system and AirVentions Inc.
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