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Benjamin Downing from The Engine Accelerator and Michael Kearney from Engine Ventures discussed Massachusetts clean energy with the Boston Business Journal. Read the full article here: https://lnkd.in/ezGmpcgn
Together, The Engine Accelerator and Engine Ventures are bridging the gap between discovery and commercialization for breakthrough inventions and accelerating the pathway for Tough Tech founders and companies. Our mission is to address the planet’s most challenging problems and create a positive impact on society and the environment by building Tough Tech.
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The Engine reposted this
Benjamin Downing from The Engine Accelerator and Michael Kearney from Engine Ventures discussed Massachusetts clean energy with the Boston Business Journal. Read the full article here: https://lnkd.in/ezGmpcgn
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Massachusetts is right to be proud of our climate leadership. But that alone won't guarantee that the climate tech companies that shape the future will grow and scale here. Michael Kearney and I took a break from texting about the Celtics and tried to capture why we need pass and build on the Mass Leads Act. Yes, its about jobs, but it's also about refusing to cede the future of these critical industries to states whose record on climate is spotty at best. Duck boats aren't a birthright and climate tech leadership isn't a given. Let's get to work and ensure the carbon free future is invented, scaled and built by Massachusetts. https://lnkd.in/eARSp9FU #ToughTech #ActOnCimate Engine Ventures The Engine Accelerator
Congratulations to Sublime Systems for reaching this incredible milestone, providing the first-ever low-carbon cement in a commercial application! WS Development's office building in the Seaport district of Boston will feature Sublime's breakthrough material in their indoor public area. This announcement illustrates what is possible when academia, incubator, and industry come together with common #ToughTech innovation goals. Engine Ventures and The Engine Accelerator are proud to be part of the Sublime System team's journey! #construction #cement #industrialdecarbonization #lowcarboncement #climateinnovation #KeepBuilding https://lnkd.in/gP3cJjVS
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“Earth is a massive battery,” says Quaise Energy co-founder Matt Houde in a recent interview with Recharge News. The team at Quaise, an Engine Ventures portfolio company, combines physics-based solutions from the labs of MIT, specifically gyrotron technology, with the know-how of workers from the oil and gas sector to drill further into the Earth’s crust than anyone has ever drilled before. By generating electromagnetic waves to vaporize geological formations, Quaise aims to drill 12 miles deep to access unprecedented amounts of #geothermal energy. The result? Access to the largest source of power-dense clean energy on the Planet. Read more from Cosmo Sanderson below. https://lnkd.in/ekrVVRKW
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Thanks to Office of Massachusetts Governor Maura Healey, Leah Ellis of Sublime Systems, Cheri Ackerman of Concerto Biosciences, our partners NECEC and MassBio and all who attended, for a stimulating conversation about what it means to "Make It In Massachusetts." Here's to ensuring that if an idea is invented here, founders and teams can grow and build it here. #MakeItInMass #ToughTech Travis McCready Kristin Carlson Peerless Precision, Inc Heidi L. Wagner, J.D. ElevateBio Tim Heidel VEIR Michael Kearney Engine Ventures Willie T. Reaves Jr. Cellino Joshua A. Garcia City of Holyoke Kristen Cullen Commonwealth Fusion Systems Scott Blanchet Evoloh The Engine Accelerator The Engine
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Congratulations to Pascal – a startup developing high-efficiency, climate-friendly heat pumps, air conditioners and refrigerators based on solid refrigerants – on introducing its novel technology today and announcing an $8 million seed round, which Engine Ventures led. Water heating & cooling and refrigeration account for 50% of electricity use in commercial buildings and more than 70% in residential buildings. And today’s #HVAC technologies rely on #hydrofluorocarbons (HFCs). Pascal’s technology simultaneously reduces HVAC electrical loads while removing greenhouse-gas equivalent HFC emissions. Read more in today’s Axios Climate. Congratulations to Adam Slavney and the entire Pascal team. https://lnkd.in/d9yzCcSi
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It takes some truly #BoldTypes to build a home for #ToughTech. Thank you, Janelle Nanos and Boston Globe Media for stopping by 750 Main Street to chat with our President, Emily Knight, and see what we are building at The Engine! https://lnkd.in/eX-WJnf2
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Last week, Engine Ventures was on the ground at TechCrunch Early Stage 2024, an event that illustrated the best in Boston’s vibrant tech community. The gathering kicked off with a Female Founder Breakfast, where Monique Guimond, Engine Ventures’ Vice President of Capital Formation, joined a conversation about AI’s impact on founders. Monique shared her belief that AI will be embedded into all Tough Tech company DNA moving forward for faster innovation, better analytics, and more nimble organizations. Thank you to Lily Lyman, Rudina Seseri, and Dominic-Madori Davis for sharing the stage. #TechCrunch #EarlyStage2024 #ToughTech #AI #tech
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Very encouraging to see the host of commitments from the White House this week to modernize our nation’s electricity grid. To close the gap between clean energy producers and the skyrocketing demand for power, we must increase our nation’s distribution and transmission capacity multiple times over. The key question is how quickly can we do it, and these commitments build confidence that the pace of change is accelerating. Upgrading 100K miles of transmission lines over the next five years "by deploying modern grid technologies like high-performance conductors” and fast-tracking environmental review for reconductoring existing rights of way are important first steps. At Engine Ventures, we are proud to support VEIR, which has developed a technology that amplifies transmission capabilities in existing corridors by 5x. As a member of the Advancing Modern Power Lines (AMP) Coalition, VEIR has been instrumental in advocating for these rule changes. Congratulations to Tim Heidel and the entire VEIR team for their relentless efforts in advancing their mission. Their dedication and achievements fill me with optimism for our collective ability to meet the challenges ahead of us.
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We're proud to be a tough tech innovator, pushing boundaries and building and manufacturing materials that will be the foundation of the fusion industry. Hear from CFS’ Vice President of Production Darby Dunn on how our dedicated team of scientists and engineers are working tirelessly to bring groundbreaking, brand new technologies to life at CFS. #FusionEnergy
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MA Tech 16 is on Tuesday, May 7th! Brought to you by The Engine Accelerator in partnership with MassBio, and NECEC, this one-day event will bring together tech and policy leaders from across Massachusetts. We will explore how to help more of the companies that are inventing the future, make it here in Massachusetts. Featuring Massachusetts Governor Maura Healey, this event is a chance to engage with panelists and participate in lively discussions, while bringing your own experiences and ideas to feedback sessions. Click to view the agenda and RSVP! #ToughTech #Cambridge #TechEvents #MATech #MATech16 #MakeItInMass https://lnkd.in/guWBDUkt
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It was an amazing night for industrial decarbonization at the NECEC Green Future Gala! We were honored to receive the Emerging Company of the Year award alongside Boston Metal and Tadeu Carneiro!! As our CEO Leah Ellis said on stage: decarbonized cement and steel go hand in hand for the lowering embodied carbon of our world. We are so grateful for the support of the entire New England clean energy community and the attention on industrial decarbonization as the next frontier in climate innovation!! It was an exciting, energizing night full of the best and brightest innovators from our region working to transform the planet. #keepbuilding #industrialdecarbonization #lowcarboncement #embodiedcarbon #climateleadership #NECEC
We're thrilled to see three Tough Tech trailblazers featured in MIT Technology Review's 15 Climatetech Companies to Watch for 2023! Commonwealth Fusion Systems is pioneering fusion energy, Sublime Systems is redefining the construction industry with low-carbon cement, and Form Energy is shaping the future of energy storage. Check out the full article to learn about their remarkable work and explore the 12 other climatetech companies spotlighted this year: #climatetech #innovation #toughtech
Join us at The Engine this Friday, October 20 for the Tough Tech Talent Fair! The Tough Tech Talent Fair aims to connect job seekers with Tough Tech companies. Tough Tech is transformative technology that solves the world's most difficult challenges through the convergence of breakthrough science, engineering, and leadership. This event offers an unparalleled opportunity to delve into the latest breakthroughs and explore job opportunities within these innovative teams. Register today.
The future of electric is geothermal. Check out the latest The Wall Street Journal Future of Everything Podcast hosted by Alex Ossola, discussing the potential of geothermal energy and how electric cars, lights and cell phones may be powered by this source in the future. Quaise Energy co-founder and CEO Carlos Araque joins the conversation discussing the company's unique approach to drilling: vaporizing rock.
Congratulations to Lucy Therapeutics for securing new funding from the International Rett Syndrome Foundation! This investment will advance LucyTx's pioneering research in novel mitochondrial-based treatments for Rett syndrome. Support from the IRSF not only promises hope for children and adults living with Rett syndrome, but also signifies the expansion of LucyTx's groundbreaking treatment platform. Read more about the positive impact this will have on medical research in the press release below. #medicalresearch #rettsyndrome #biotech
We're thrilled to announce new funding from the International Rett Syndrome Foundation to further our pioneering work on novel mitochondrial-based treatments for #rettsyndrome. We're proud to collaborate with partners like #IRSF who share our commitment to #scientific #innovation and developing new medicines. This funding brings us one step closer to establishing a brighter future for everyone affected by Rett syndrome. Exciting times ahead! #lucytx #mitochondria #research #neuroscience #drugdiscovery #biotech https://lnkd.in/ePFMUgGB
Exciting news from Copernic Catalysts! We're excited to share their exclusive four-year research collaboration with Schrödinger, aimed at accelerating the discovery and development of sustainable catalysts for e-fuels and bulk chemicals. This collaboration allows Copernic to harness Schrödinger's advanced technology platform, coupled with their expertise in catalyst design and scale-up, to uncover novel materials. Enhanced catalysts promise faster, more energy-efficient chemical reactions, a significant step towards decarbonizing the energy and chemical industries. Read the full press release below. #cleantech #catalysts #chemicalmanufacturing
Copernic is incredibly excited to announce our exclusive strategic collaboration with Schrödinger, the global leader in computational modeling! This four-year agreement will allow us to continue our development of an improved, drop-in replacement catalyst for zero- and low-carbon ammonia synthesis and develop new sustainable catalysts for other applications in e-fuels and bulk chemicals going forward. More details in our press release here: https://lnkd.in/em_esR6V . #ammonia #efuels #sustainability
Are you driven to work at the intersection of breakthrough science, engineering, and leadership? The Tough Tech Talent Fair provides a platform to connect with founders from startups that are at the forefront of transformative technologies. These companies address critical challenges, intertwining technological innovations with societal needs. Date: October 20, 2023 Time: 11am - 4pm Why Tough Tech? Tough Tech focuses on addressing global challenges such as climate change, global supply chains, and food systems. Being a part of a Tough Tech startup means not only supporting cutting-edge technologies but also playing a crucial role in reshaping industries for the better. #ToughTech #TalentFair #Startups #Innovation #ToughTechJobs #CareerOpportunities
Congratulations to CEO Francesco Maria Benedetti and the Osmoses team for closing $11M in seed funding! The Engine is thrilled to be a part of the Osmoses growth journey, including participation in this seed round, and providing lab space to their growing team at 750 Main Street. #toughtech #commercialization #hydrogen
We are beyond excited to announce that we recently closed our #Seed #Round of #financing led by Energy Capital Ventures and participated by The Engine, Fine Structure Ventures, New Climate Ventures, Collaborative Fund, Little Green Bamboo , Blindspot Ventures, and several prominent angle investors! This $11M round comes at a perfect time as Osmoses is projected to #scale #technology, #operations, #team, and make meaningful steps towards #commercialization to get our first #products into customers hands. This group of new and existing partners increases our reach towards strategic relationships. We are going to double our team in the next 6-12 months and we have several open positions: https://lnkd.in/e3btmvKZ Thanks to all of those that made this possible! Read more on this exclusive article by Tim De Chant at TechCrunch: https://lnkd.in/eXAKhKw4 Find out about what Osmoses is all about on our new website: https://osmoses.com/
Atlantic Quantum has developed a new type of quantum architecture that exceeds industry standards. This week, the team announced promising research showing their fluxonium-based qubit architecture achieves the lowest error rates to date for superconducting qubits. This new architecture can perform robust operations between qubits with greater accuracy than scientists have previously been able to achieve. Learn more in CEO Bharath Kannan's exclusive interview with Forbes: #toughtech #quantumcomputing #superconductors
Our ecosystem is teeming with the next generation of climate tech leaders! As stated by Katie Rae, “We’re seeing a massive trend of more students and grads exploring climate tech as an area of study as well as employment. Boston, in particular, is leading the way for entrepreneurial and academic pursuit of climate tech." The promising potential of these young minds has already made a significant impact on several companies in our portfolio, such as Sublime Systems, Osmoses, Mantel, Commonwealth Fusion Systems, and Form Energy. Read the Boston Globe article for an inside look at their journeys navigating Boston's climate tech landscape. #climatetech #toughtech #nextgenerationleaders
Yesterday morning, our CEO & Managing Partner Katie Rae had the pleasure of ringing in NYC Climate Week 2023 at Nasdaq's Opening Bell! Climate Week celebrates the visionary thinkers at the intersection of climate and capital. To kick off the festivities, Katie took part in a panel discussion on Financial Capital with several leading capital providers investing in climate. #climatexcapital #climateweek #climatetech #toughtech Interested in attending a Climate Week event? Learn more here: https://lnkd.in/dEBDih7
Calling all research scientists, graduate students, postdocs, faculty members, and prospective Tough Tech founders: Join us on Tuesday, September 26th from 4:30-6:30 PM. Meet the Activate & The Engine teams and explore how our unique programs can help you commercialize your innovations. About the Activate Fellowship: The Activate Fellowship is the premier program for scientists on a mission. It provides early-stage science entrepreneurs with funding, technical resources, and unparalleled support from a network of scientists, engineers, technologists, and fellow entrepreneurs. About The Engine's Blueprint Program: Blueprint is a nonresident program for graduate students, postdocs, research scientists, faculty members, and their teams, to explore the commercial opportunities of their breakthroughs and startup projects. Hosted almost entirely virtually over the course of 5 weeks, the Blueprint program helps the next generation of Tough Tech leaders navigate the commercialization process Don't miss this opportunity to network and learn about how you can transform your scientific breakthroughs into commercial success.
Another win for Sublime Systems! The team has just announced that their ultra-low carbon cement has obtained the coveted ASTM C1157 designation. This is a significant milestone that positions Sublime Cement™ as a sustainable alternative compliant under major U.S. and international building codes. Not only does this designation underscore the strength, durability, and low shrinkage of Sublime Cement™, but it also clears the path for Sublime Systems to revolutionize the construction industry by massively reducing its carbon footprint. Learn more in the press release: #decarbonization #toughtech #lowcarbonconcrete
Congratulations to Bharath Kannan, Co-Founder & CEO of Atlantic Quantum, for being named as one of this year's MIT Technology Review Innovators Under 35! Atlantic Quantum is on a mission to usher useful quantum computing from vision to reality, by eliminating performance and scalability tradeoffs. This recognition is a testament to Bharath's dedication and vision. See the full list of Innovators Under 35 and learn more about Bharath's journey in MIT Technology Review: #quantumcomputing #TR35 #toughtech #advancedcomputing
“We are writing a new book on steel metallurgy,” says Boston Metal CEO Tadeu Carneiro. Steel manufacturing is responsible for up to 8 percent of annual global greenhouse gas emissions. With ascending climate concerns, Boston Metal is pioneering a green revolution in steel production. The team's groundbreaking Molten Oxide Electrolysis (MOE) technology promises to reshape the future of the industrial world, offering cleaner, greener steel. Read IFC - International Finance Corporation's full story on Boston Metal featuring Managing Partner of The Engine and Board Member of Boston Metal Katie Rae: #greensteel #toughtech
In Bloomberg's newest feature on Sublime Systems, CEO & Co-Founder Leah Ellis describes how her team is using electrochemistry to decarbonize cement. Watch the full video on Bloomberg.com to learn about the ramifications of traditional cement production and how Sublime is making an impact: https://lnkd.in/eJytFNtU #decarbonization
What does it take to decarbonize the largest industry in the world by mass? Tune into this video to learn more about how we are advancing our breakthrough process to make cement without fossil fuels and without limestone. We are working to have a swift and massive impact on an industry that is responsible for 8% of the world's global emissions and to keep up with the demands of building for the world's fast-growing urban population. Thank you Bloomberg for the incredible video and for spending time with Sublime CEO Leah Ellis and our team! And we are grateful for our investors The Engine, Lowercarbon Capital, Prime Impact Fund, Energy Impact Partners, MCJ Collective, and Siam Cement Group supporting us on this ambitious journey. https://lnkd.in/g4mez5Wp #lowcarboncement #CO2rising #advancingwhatmatters #21stcenturybuildingmaterials #electrochemistrymeetscement #cleantech #climatechangeurgency #womenempowermentmovement #womenofcarbondocumentary #betterplanet
Exciting news in green steel production! Boston Metal has closed an impressive Series C round, securing $262 million to decarbonize steelmaking. This substantial investment will fuel the scaling of their decarbonization technology for commercial use and global employee expansion. Already successful with ferro-alloys, the team is now poised to demonstrate the transformation of iron ore into traditional steel at a large scale. Discover more in Bloomberg's exclusive: #decarbonization #greensteel #toughtech
We are thrilled to welcome Jenette Ashtekar to The Engine Fund as an Entrepreneur-in-Residence. Jenette brings extensive experience across academia, start-ups, and business. By training, she is a soil scientist, having spent more than a decade studying natural science. As a postdoc, she co-founded AgSoil Analytics whose “Functional Soil Mapping” tool remains on the market. Most recently, she was SVP for Product Management at CIBO Technologies, a company accelerating regenerative agriculture through commercializing its farm-focused, science-based sustainability platform. Please join us in welcoming Jenette!
Quaise Energy is making waves in the geothermal energy space! By harnessing the potential of millimeter waves, the team is aiming to pulverize rock and delve up to 12 miles deep, a transformative development in the energy sector. Co-Founder & CEO Carlos Araque describes Quaise's vision brilliantly: "Imagine if you could drill down next to a coal plant and get steam that’s hot enough to power that plant’s turbines. Replacing coal at thousands of coal plants around the world. That’s the level of geothermal we’re trying to unlock." Learn more in The New York Times: #geothermal #Innovation #toughtech #cleanenergy
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