MassRobotics launched the second cohort of its Accelerator program. The non-profit robotics hub welcomed a various and dynamic group that features Haystack Ag, LiftLabs, Mito Robotics, Nexterity, p!ng, Redefine Surgical procedure, ReviMo, Revolute Robotics, Tatum Robotics, and Variable Machines.
The three-month accelerator program begins as we speak. The cohort could have the chance to introduce their startups at MassRobotics’ annual sponsor’s celebration this week.
In the course of the course of this system, MassRobotics stated the startups will expertise a sturdy curriculum of enterprise subjects. These span buyer discovery, worth proposition discovery, manufacturing for excellence, fundraising techniques, and workforce administration. Since graduating, the ten corporations from the primary program deployed a number of buyer activations, with 80% of the businesses having turn into revenue-generating.
Just like final 12 months, competitors was fierce for the Accelerator, with an 8% acceptance charge. Greater than 130 startups utilized to this program, with candidates from greater than 25 international locations. The choice course of was carried out by a variety committee composed of notable roboticists, entrepreneurs, and teachers.
Over the course of two years, MassRobotics has awarded $2,000,000 to twenty promising robotics startups via this accelerator program. This system is powered by the Massachusetts Expertise Collaborative’s (MassTech) Innovation Institute. With the Accelerator, MassRobotics takes an equity-free method. Every startup collaborating in this system will likely be awarded a $100,000 non-dilutive grant from MassTech.
“The MassRobotics Accelerator has uncovered us to greater than 250 new startups creating superb robots from throughout the globe. Our chosen cohorts are really best-in-class. We stay up for new companions and sponsors that may be part of us find the following group of robotics startups that may change the world,” stated Tom Ryden, govt director of MassRobotics.” This chance to assist energy and impression our Accelerator is crucial and distinctive.”
Meet the startups at Robotics Summit & Expo
Firms on this cohort characterize various industries, together with well being care, manufacturing, client, assistive expertise, and ocean tech. Importantly, feminine founders make up 40% of the cohort. The cohort contains:
- Haystack Ag: Focuses on cost-effective and high-accuracy soil carbon measurement. In response to Haystack, this might take away one of many final main limitations to soil carbon market growth and scalability.
- LiftLabs: Develops quick and user-friendly ropeless gear for native lobstermen. Its expertise might be connected to the highest of a lobster lure, leaving the lure nonetheless fishable however eradicating the vertical rope and buoy sometimes used to boost traps. It additionally affords a bigger Offshore Elevate.
- Mito Robotics: Gives AI-powered robotics for moist lab automation. It combines AI’s computational energy with robotics’ precision to create an clever robotic scientist.
- Nexterity: A hands-free robotic instrument to autonomously bolt and unbolt pipeline flanges within the discipline for industrial manufacturing asset homeowners.
- p!ng: A quick and handy automated drive-thru. Powered by proprietary automation and AI, p!ng delivers a scanless buyer expertise – you press a one-click order button on the app, drive up, seize your order, and go.
- Redefine Surgical procedure: An AI mannequin for surgical procedure to advance the sphere and enhance affected person outcomes. Its imaginative and prescient system captures and transforms surgical procedure into 3D experiences, enabling surgeons to be taught from wherever and collaborate at any time whereas creating the foundational dataset for AI-assisted surgical procedure.
- ReviMo: Private robotic assistants to assist individuals with restricted mobility care for themselves independently and scale back the burden on their caregivers. It designed its product for individuals who can not get off the bed with out help.
- Revolute Robotics: Hybrid mobility robots that swap between driving on the bottom and flying via the air to allow solely new purposes for inspection and surveillance robots.
- Tatum Robotics: A 2022 RoboBusiness Pitchfire winner, Tatum Robotics is creating first-of-its-kind assistive communication programs for the DeafBlind group. Its Tatum T1 robotic hand indicators tactile ASL, the first communication technique of individuals with extreme deafblindness.
- Variable Machines: A brand new kind of reconfigurable instrument that permits for quicker, extra inexpensive, and extra sustainable composite manufacturing. It combines hybrid additive 3D printing with a novel scalable array of closed-loop force-sensing linear actuators. This enables it to print light-weight mould instruments at a fraction of the time and price of standard additive machines.
Register as we speak to save lots of 40% on convention passes!
The MassRobotics Accelerator will culminate in an Accelerator Showcase on the Robotics Summit & Expo, which takes place April 30-Might 1 in Boston. Produced by The Robotic Report, the Robotics Summit & Expo brings collectively 5,000+ builders centered on constructing robots for a wide range of business industries. Attendees will acquire insights into the newest enabling applied sciences, engineering finest practices, and rising traits. There will likely be 70-plus audio system on stage, 10+ hours of devoted networking time, a Ladies in Robotics Breakfast, a profession truthful, startup showcase, and extra. Returning to the present is the RBR50 Pavilion and RBR50 Awards Dinner that may honor the winners of the annual RBR50 Robotics Innovation Awards.
“Think about if in a single day your organization grew 10X and is now filled with specialists prepared that can assist you gracefully navigate any subject or make selections small or massive. Think about if that continued for 13 weeks and your organization bought paid for it! That’s what the MassRobotics Accelerator is and it’s been a useful asset to our startup,” stated Demitri Balabanov, CEO and co-founder of Attire Robotics, a MassRobotics Accelerator portfolio firm.
