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.
Solumar specializes in advanced air and gas filtration technologies aimed at reducing emissions from heavy industries, including city councils, maritime operations, and oil and gas companies. The company’s innovative approach incorporates seawater and principles from aviation to effectively capture black carbon and greenhouse gas emissions. By focusing on efficiency and sustainability, Solumar assists its clients in complying with the Agenda 2050 goals for emission reduction while offering cost-effective solutions for managing air pollution.
AcDiTo
Non Equity Assistance in 2023
AcDiTo is more than just a platform - it’s a community of African consumers who value convenience, variety, and security. Whether you need a ride, to pay a bill, or to complete a project, AcDiTo connects you with the best options and experts in minutes. Our use of blockchain technology ensures secure and transparent transactions, while our artificial intelligence provides personalized assistance. With AcDiTo, you’re not just accessing services - you’re making an impact in your city.
NILE AGRO VALUE CHAIN
Non Equity Assistance in 2021
Nile Agro Value Chain is an agribusiness startup in agriculture that identifies the set of actors and activities that bring a basic agricultural product from production in the field to final consumption, where at each stage value is added to the product. Nile Agro value Chain achieves this through vertical linking or a network between various independent business organizations and by involving them into food processing, packaging, storage, transport and distribution. The startup also engage in traditional agricultural value chains by generally through spot market transactions involving a large number of small retailers and producers. The venture also characterize agriculture value chain by vertical coordination, consolidation of the supply base, agro-industrial processing and use of standards throughout the chain. The venture achieves its mission in agriculture value chain through agricultural mechanization, traditional farming, farm portfolio investments, interstate trade of agricultural commodities, online trade of food produce through its online marketplace, aggregating farmers into a multipurpose cooperative society, linking farmers to off-takers, contract farming, food processing, providing extension services and collaborating with different stakeholders in the agriculture value chain in Uganda,Africa and beyond. We are currently working with over 1,200 farmers in Ibanda District aggregated or organized under our farmers groups and cooperative society.
Relay Trade Solutions
Non Equity Assistance in 2021
Relay connects and digitizes the supply chain for domestic bulk commodity shipments. As a result, customers are able to reduce error rates and redundancy, increase staff productivity, and get paid faster.
FlyWorks
Non Equity Assistance in 2021
FlyWorks is developing a whole new way to drive multi-rotors for 2nd generation hybrid drones. The company's patent-pending drive technology will allow drones to carry significant payload and fly for hours, but remain light, cost-efficient and safe. Their technology combines the remarkable performance of petrol fuel with the safety and simplicity of the multirotor platform. It works by delivering most of the power that the drone requires to stay in the air directly from an internal combustion engine while a small electric drive system provides a small fraction of power only for maneuvering. FlyWorks technology can be implemented in any drone platform size to create a wide array of high-performance multirotor platforms for various use-cases from land surveying to air-taxis. They enabling high-resolution close-up multi-sensor inspection of the large-scale power line infrastructure.
Mobbit
Non Equity Assistance in 2020
Mobbit is a freight and moving provider that leverages technology to offer transport and logistics services for businesses, offices, and residences. The company operates an online platform that allows users to obtain real-time quotations for delivery services. Customers can book and pay for these services directly through the platform, facilitating the movement of oversized products. By streamlining the logistics process, Mobbit enhances efficiency and convenience for its clients.
Consolhub
Non Equity Assistance in 2019
ConsolHub is an online pricing and booking system for ocean consolidated shipments. Consolhub was created to simplify the search, access and booking of consolidated cargo. It simplifies and automates the logistics process Consolhub platform provide instantly to the shipper a range option in terms of the shipping companies (consolidators), departure dates, transit days, routes and price. The platform (consolhub.com) allows buyers to search for routes, pricing, itineraries and, then, securely book and upload all the documentation required. The advantages to the shippers (buyers) from using Consolhub include: • Time savings: less phone calls and emails to get the best options • 24/7 service: an online platform to book 24/7, where all the processes are automated and documents are managed online, saving more time and reducing errors • Access to better prices
Dronistics
Non Equity Assistance in 2019
Dronistics, based in Lausanne, Switzerland, specializes in developing a personal drone delivery system designed for last-centimeter delivery to hard-to-reach locations. The company's drones operate autonomously, utilizing GPS technology and a web application that can be accessed from various devices, including smartphones, tablets, and laptops. Each delivery is facilitated through a 4G internet connection, ensuring seamless control and communication. Dronistics emphasizes safety in its operations, incorporating multiple safety checks to protect individuals during the flight and delivery process. This innovative approach enables logistics and online retail companies to effectively address delivery challenges in remote areas.
Koldchain
Non Equity Assistance in 2019
Koldchain specializes in the validation of cold supply chain and distribution processes. The company offers monitoring technology that utilizes thermosensitive labels to track the temperature of goods throughout the supply chain. This is accomplished through a smartphone app, SMS, or handheld scanners, which provide real-time notifications to end users. By ensuring that temperature-sensitive products are maintained within prescribed conditions, Koldchain enhances the reliability and safety of deliveries in the cold supply chain.
United Aircraft Technologies
Non Equity Assistance in 2019
United Aircraft Technologies provides the aerospace, electrical transportation industry, among others with a smart fastener for electrical wiring that takes off weight (improves payload capacity) and increases maintenance operations through the use of our sensors, AR and AI. Taking something that takes days or weeks down to a day. Helping improve the cost of operating the vehicles. This was based on the life experience of the co-founder, Daryian, who was an aircraft electrician for the US Army and Navy for over 12 years until he got injured because of the thousands of fasteners used today and then became an engineer to create a solution.
SpotRates
Non Equity Assistance in 2019
SpotRates is a cloud solution specifically designed for air cargo where stakeholders are connected within the same digital working environment. SpotRates provides airlines, freight forwarders and shippers with a real-time pricing platform including powerful tools to communicate and negotiate ad hoc and contract rates efficiently in a single safe marketplace running 24h a day, 365 day a year. SpotRates is all about air cargo rates in just one place, enabling superior revenue management as well as easy access to data and full control over sales strategies.
Tuverl
Non Equity Assistance in 2018
Tuverl is an application focused on enhancing public transportation accessibility and affordability for commuters in Africa, beginning with Zimbabwe. It provides two mobile applications: the Commuter App, which allows users to track intracity buses and minibuses in real-time, book intercity trips, hail taxis on demand, and make payments through local fintech solutions, and the Operator App, designed for public transport operators. The Operator App enables drivers and operators to broadcast vehicle locations, manage fleets, and process digital fares, ultimately increasing commuter numbers and reducing wasted resources. By leveraging cloud computing, data analytics, geolocation, fintech, and machine learning, Tuverl aims to transform public transport while promoting Sustainable Development Goal 11, which focuses on sustainable cities and communities. Through its innovative approach, Tuverl seeks to improve urban mobility and support the development of smart, resilient communities across African nations.
RouteValet
Non Equity Assistance in 2018
RouteValet specializes in developing advanced route planning technology designed for mobility companies. Its innovative platform combines various transportation options, including both public and private transit, to provide users with the fastest and most cost-effective routes to their destinations. The company's goal is to license this technology to transportation providers and establish a mobility marketplace. RouteValet has garnered recognition for its achievements, winning awards from MassChallenge and international competitions sponsored by major corporations. Furthermore, its multimodal algorithms have been reviewed and funded by the Israel Innovation Authority. A successful paid proof of concept conducted in Japan demonstrated the effectiveness of RouteValet's solutions, enabling commuters to save an average of one hour per day and increasing user satisfaction with their transit options by 26%.
Nextome
Seed Round in 2017
Nextome specializes in advanced real-time location systems (RTLS) and indoor positioning solutions designed to enhance the accessibility and functionality of various indoor spaces, including warehouses, malls, airports, and hospitals. The company utilizes a combination of smartphone sensors and low-signal Bluetooth beacons, along with artificial intelligence algorithms, to deliver high-accuracy navigation and tracking capabilities. This innovative technology allows for seamless integration of indoor and outdoor environments, creating smarter venues that offer new opportunities for businesses, developers, and individuals. Nextome aims to address the challenges of indoor navigation while ensuring a straightforward installation process for its clients.
Clidrotech
Grant in 2017
Clidrotech specializes in innovative weight monitoring systems for vehicles, aimed at enhancing fleet efficiency and safety. Their technology enables real-time optimization of a vehicle's weight using a passive sensor that accurately measures the vehicle's self-weight with a resolution of 100 grams per ton, eliminating the need for external scales. This capability allows fleet managers to monitor onboard weight at a reduced cost while minimizing the risk of road accidents. Clidrotech's solutions contribute significant value to the growing onboard scale market.
OnRout
Grant in 2017
OnRout is a company that has developed an online logistics platform designed to optimize e-commerce delivery operations. The platform focuses on reducing shipping costs by facilitating real-time bidding for parcels, which allows service providers to lower their expenses by minimizing the number of trucks on the road. By streamlining delivery processes, OnRout enhances asset utilization and decreases the total number of stops required for deliveries, ultimately leading to more efficient logistics solutions for e-commerce businesses.
CornerDrop
Grant in 2015
CornerDrop is a developer of a parcel delivery platform aimed at addressing the persistent issue of missed deliveries in the online retail sector. The company offers an alternative delivery address solution that is accessible to anyone, regardless of the delivery method used. Unlike traditional courier services that often restrict alternative solutions to their own networks, CornerDrop provides a more inclusive approach by covering the entire UK. Their platform facilitates seamless integration for online retailers, consumers, and couriers, enabling them to offer a broader range of delivery options. By doing so, CornerDrop enhances convenience for consumers and streamlines the delivery process across the logistics ecosystem.
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