MIT
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Helping students transition from the laboratory to robotics startup
A student at Monday’s TC Sessions: Robotics event in Cambridge asked me “How do I launch a successful startup?” I explained that I might not be the person at the show best equipped to answer, but I offered some simple advice nonetheless: find a problem that needs solving, address a need that already exists and don’t go offering solutions in search of problems. Oh, and get… Read More
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A $150 million fund, The Engine, will back startups others find ‘too hard’
A fund and accelerator for advanced technology startups, The Engine, closed its debut fund at a robust $150 million this week, according to its president, CEO and managing partner, Katie Rae. Last year, TechCrunch reported that MIT was investing $25 million into The Engine, becoming the anchor LP for the fund. Read More
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MIT develops a speech recognition chip that uses a fraction of the power of existing technologies
MIT announced today that it’s developed a speech recognition chip capable of real world power savings of between 90 and 99 percent over existing technologies. Voice technology has, of course, become nearly ubiquitous in mobile devices, thanks to the exponential growth of smart assistants like Siri, Alexa and Google Home – but the new chip could help branch out in much simpler… Read More
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LiquiGlide raises $16 million to get every last drop out of packages or tanks
If you think it’s frustrating trying to get that last drop of ketchup out of the bottle, or toothpaste out of the tube, imagine having to waste and clean valuable and sticky substances from pipes or tanks in a factory. A startup called LiquiGlide has raised $16 million in a new round of venture funding to bring its patented slippery coatings to manufacturers around the world. Co-founded… Read More
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MIT makes pesticide safer by making it sticky
Despite progress in creating bug-resistant crops, pesticide is still one of the most effective and cost-efficient ways to ensure good produce yields. But the current approach actually involves applying a huge volume of pest-control poison – way more than you need, because just 2 percent or so attaches to the plants. The extra 98 percent has a good chance of getting into lakes, streams… Read More
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MIT spin-out Thunkable hopes its drag-and-drop app builder can be a money-spinner too
Bagging lots of users is a challenge one of the startups in Y Combinator’s 2016 winter batch is worrying about a bit less than the average. The two-man strong founder team of Thunkable is coming from the rather more comfortable position of already having fostered a community over four million strong — thanks to the drag-and-drop app builder interface they helped developed at MIT… Read More
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Is This Flying Car Company For Real?
We’ve been promised a flying car for as long as I can remember. From The Jetsons to Back To The Future, we’ve been sold this dream for years and years. Owning something that starts out on the ground and ends up flying through the air is something I want to experience before I kick the bucket. Read More
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The Enterprise Transformation Conundrum
The problem is it’s not an easy undertaking to change the way a large organization operates. Real initiative gets bogged down in politics, hierarchical thinking and institutional inertia. Change requires more than inspiration. It takes hard work — and often the skill of a used car salesman to sell your idea to a reluctant C suite.
Some companies have forward-looking leaders who… Read More
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Assured Labor Raises $6.75M, Has Connected Workers With 100K Jobs In Latin America’s Informal Sector
Long before LinkedIn went public or before a plethora of on-demand startups began washing the Bay Area and other U.S. cities with services at the click of a button, there was this startup from an MIT grad called Assured Labor. David Reich started the company in 2008 to make informal labor markets in Latin America faster and more transparent for low-skilled workers. It was a social enterprise… Read More
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