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Innovation and Entrepreneurship (I&E)

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TechCrunch

Ikigai, an MIT startup, is building automated workflows where human decision making will be a part of the process, reports Ron Miller for Tech Crunch. “What we saw is that there are use cases… [that involve] manual processes in the organizations that were extremely difficult to automate because a fundamental step involved humans making judgements or decisions with data, and where both the data and rules they’re operating on would change very often,” co-founder and CEO Vinayak Ramesh M.Eng ‘18, ‘12 tells Miller.

Popular Science

Droplette, a skincare device designed by a group of MIT alumni, has been named one of the most innovative personal care products of 2021, reports Jordan Blok and Rachel Feltman for Popular Science. The product “turns pods of treatment like collagen and retinol into a super-fine mist to help skin absorb the ingredients more quickly,” writes Blok and Feltman. “The company’s ultimate aim is to use the tech to deliver drugs without needles."

The Boston Globe

Boston Globe reporter Janelle Nanos spotlight Spoiler Alert, an MIT startup that works with major food brands to save food that might have gone to waste. “One of our core beliefs is that waste is no longer a necessary or acceptable cost of doing business,” said Spoiler Alert cofounder and chief product officer Emily Malina MBA ’13. “Everything we do is geared towards moving perishable inventory faster to benefit brands, retailers, consumers, and the planet.”

Forbes

Forbes reporter Derek Newton spotlights Nwanacho Nwana '20, co-founder of education startup Valfee, a communications program aimed at engaging students with public speaking skills. “We truly believe that feedback-based learning is optimal for long term growth, and that the future of student learning is gamified,” Nwana tells Newton.

The Wall Street Journal

Wall Street Journal reporter Amrith Ramkumar spotlights MIT startup Presto, which is combining with a special-purpose acquisitions company and going public. “Presto offers several different technologies that it says automate restaurants and improve the dining experience,” writes Ramkumar.

Bloomberg

Bloomberg reporter Will Mathis spotlights Osmoses, an MIT startup that has “created a membrane material thinner than human hair to reduce carbon emissions from industrial processes such as natural gas production.” CEO and postdoc Francesco Maria Benedetti explains that “we envision applying our technology to increase the sustainability of existing infrastructure."

Forbes

Nene Anagbogu ’18 and Colin Webb ’18 cofounded Sauce, a startup that provides analytics and dynamic pricing for restaurants, reports Frederick Daso for Forbes. “We’re the perfect combination of restaurant, data and product,” Anagbogu and Webb tell Daso. “Our families started small businesses, and we worked in restaurants, so we know what our customers are going through.”

The Boston Globe

Nth Cycle, a company co-founded by Prof. Desiree Plata, has developed an extraction device that uses electric signals to identify valuable metals or black mass leftover from discarded electric batteries. “This modular system is easy to move and adapt and is far more efficient and environmentally friendly than the traditional methods of smelting or using a chemical wash to sort out the metals from the gunk,” writes Jon Chesto and Larry Edelman for The Boston Globe.

The Henry Ford Innovation Nation

Brady Knight '16, Michael Farid '16, Kale Rogers '16, and Luke Schlueter '16 co-founded Spyce, an automated health food restaurant, reports Alie Ward for The Henry Ford’s Innovation Nation. “I started thinking about how we are going to make healthy food more accessible, more affordable and more available and we had this idea that if we used automation, we could help make it a lot more efficient therefore more accessible,” says Faird. 

Bloomberg News

Biobot Analytics, a startup founded by Mariana Matus ‘18 and Newsha Ghaeli ‘17, has raised $20 million in funding for its work with wastewater epidemiology, reports Carey Goldberg and Janet Wu for Bloomberg News. “This past year, wastewater epidemiology changed from being an obscure niche area of science to becoming a central pillar of the response to the Covid-19 pandemic,” says Matus. “And now, in the later stages of the pandemic, it’s becoming a central pillar of preparing for the next pandemic.” 

TechCrunch

TechCrunch reporter Mary Ann Azevedo spotlights Adam Marcus ’12 and Nitesh Banta, the co-founders of B12, a digital platform designed to establish, run and grow professional services firms online.  B12 is focused on helping “smaller professional service organizations such as law and accounting firms or mortgage brokerages more easily accept online payments and build a digital presence in general,” writes Ann Azevedo.

WCVB

WCVB-TV spotlights two MIT startups, True Moringa, a beauty and wellness company that uses the oil from Moringa trees grown in Ghana to directly benefit farmers in Ghana, and Sourcemap, which traces supply chains and provides transparency about where goods are stemming from. Says Kwami Williams ’12, co-founder and CEO, of his inspiration for True Moringa: “I started to ask myself, if aerospace engineers can help put a man on the Moon, then what can I do to help put more food on the table for families” in Ghana.

The Boston Globe

Drew Houston ’05, co-founder and CEO of Dropbox, speaks with Boston Globe columnist Scott Kirsner about his favorite courses and extracurriculars activities at MIT, his first computer, and the future of work at Dropbox during a recent visit to MIT where he announced a gift that will endow a professorship in the Schwarzman College of Computing. “I loved studying computer science, and I loved things like distributed systems and operating systems and algorithms,” said Houston of his time at MIT. “Those were my favorite classes. I had grown up tinkering under the hood of my computer, trying to figure out how it worked.”

Forbes

Forbes contributor Frederick Daso spotlights Fitnescity, a startup founded by MIT graduates that offers “a streamlined online platform to help consumers select lab kits, get tested, and display their data on a digital dashboard.” CEO and co-founder Laila Zemrani MBA ’13 explains that: “Fitnescity was founded to give people access to the information they need to improve their health and wellness.”

NPR

Noubar Afeyan ’87, a member of the MIT Corporation, speaks to Guy Raz of NPR’s How I Built This podcast about his journey toward co-founding Moderna and becoming a part of history through the rapid creation and production of vaccines for the Covid-19 pandemic. “The reality is when you have a pandemic and you’re a public company and you have material data, our sense was that we at a high level had to put that [information] out there,” says Afeyan. “One of these things we learned, because none of us had been in this situation before, is that we are going to get criticized no matter what we did. So, we just had to do what we thought was right.”