TechCrunch reporters Christine Hall, Anita Ramaswamy, Connie Loizos and Mary Ann Azevedo spotlight Sribuu, an AI-powered personal financial advisor in Indonesia, co-founded by Nadia Amalia ’20. The company is aimed at helping “users make better money decisions with our wealth management tools and give personalized saving advice based on their financial habits,” they write.
Research engineer Paul Woskov speaks with Bloomberg Radio host Tom Moroney and Joe Shortsleeve about his work with Quaise Energy in developing a laser to drill holes into the earth. “There is a lot of heat contained within our planet. The amount of heat that is present, if tapped, could supply all of our energy needs for several million years,” says Woskov.
Cary Lin MBA ’16 co-founded Common Heir, a clean and plastic-free beauty company dedicated to creating “a high-impact line of skincare that had a low impact on the environment,” reports Geri Stengel for Forbes.
Ella Peinovich ’12 co-founded Powered by People, a wholesale e-commerce platform based in Kenya that connects small brands to global markets, reports Annie Njanja for TechCrunch. “We are providing these businesses with new visibility into the specialty retail market in North America,” says Peinovich.
MIT startup Volta Labs is developing a new instrument that can automate the processes used to prepare genetic samples, reports Emma Betuel for TechCrunch. CEO and co-founder Udayan Umapathi ’17 is confident that with the right programming, the platform could allow “liquids to be manipulated in even more complex ways, like using magnetic fields to draw certain molecules out of samples for further analysis,” writes Betuel.
Boston Globe reporter Hiawatha Bray spotlights how a number of MIT spinoffs are working on changing the world’s energy-storage systems. “Behind these companies are key technological advances in chemistry and materials, many of them pioneered at the Massachusetts Institute of Technology,” writes Bray. “These breakthroughs have put battery startups at the forefront of the region’s climate-tech sector.”
Prof. Yet-Ming Chiang and his colleagues are developing a new, inexpensive iron-air battery technology that could provide multi-day storage for renewable energy by 2024 through their startup Form Energy, reports Anuradha Varanasi for Popular Science. Chiang explains that “the battery can deliver clean electricity for 100 hours at a price of only $20 kilowatts per hour – a bargain compared to lithium-ion batteries, which cost up to $200/kWh,” writes Varanasi.
Institute Prof. Robert Langer, whose “innovations have helped create more than 100 products from artificial skin to messenger RNA (mRNA) vaccines,” speaks with Guardian reporter Zoë Corbyn. “I think it’s important to stress how much engineers can and have changed the world for the better,” says Langer. “It’s a thrill for me to see engineering and biology improving people’s lives; that’s been my dream from the beginning.”
Quipu Market, co-founded by Mercedes Bidart ’19, Juan Cristobal Constain ’18 and Gonzalo Ortegoa ’19, was named one of Fast Company’s most innovative companies in Latin America, reports Fast Company reporter Adam Bluestein. Quipu Market is “a web-based and mobile platform that allows individuals and small entrepreneurs in low-income communities,” writes Bluestein, “to conduct trade using virtual tokens, helping microbusinesses gain visibility and build creditworthiness even without access to formal banking.”
TechCrunch reporter Brian Heater spotlights MIT startup Strio.AI, which is aimed at bringing autonomous picking and pruning to strawberry crops.
U.S. Secretary of Commerce Gina Raimondo visited MIT.nano this week, where she emphasized the importance of investing in semiconductor research and manufacturing, and noted that MIT is the “gold standard” for collaboration between academia and industry, reports Jake Freudberg for GBH News. “Ultimately, what we need is the great ideas and research that are beginning in universities to be turned into products made at scale in America,” said Raimondo.
WCBV reporter Sharman Sacchetti spotlights U.S. Commerce Secretary Gina Raimondo’s visit to MIT.nano. “Investing in chip manufacturing and supply chain domestically will allow us to make more goods in America, which will bring down inflation,” said Raimondo of the importance of boosting domestic manufacturing of semiconductors.
Axios reporter Erin Broadwin spotlights Dimagi, a digital tool for health workers in remote areas that was started by researchers from the MIT Media Lab and the Harvard-MIT Health Sciences and Technology program.
OPT Industries, an MIT spinoff, has created InstaSwab, a nasal swab “up to 20 times more effective in bacterial sample elution,” reports Brian Heater for TechCrunch. “With the ability to print around the clock, the firm also believes it can play a pivotal role in addressing supply chain concerns — a long-time goal for additive manufacturing,” writes Heater.
WBUR reporters Bruce Gellerman and David Greene spotlight Form Energy, a startup co-founded by MIT scientists with the mission to find a low-cost way to transform the global electric system. The startup “had a eureka moment when they thought about harnessing the rusting process to power batteries,” write Gellerman and Greene.