Tag: funding

21st annual MIT IDEAS Social Innovation Challenge supports students leading social innovation

Over the past 21 years, the MIT PKG Center’s IDEAS Social Innovation Challenge has awarded over $1.1 million in funding to over 200 student-led teams addressing social and environmental challenges globally. Through the work of these extraordinary teams, more than half of which are still active today, IDEAS has impacted over 2.5 million people. In […]

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MIT J-WAFS announces 2022 seed grant recipients

The Abdul Latif Jameel Water and Food Systems Lab (J-WAFS) at MIT has awarded eight MIT principal investigators with 2022 J-WAFS seed grants. The grants support innovative MIT research that has the potential to have significant impact on water- and food-related challenges. The only program at MIT that is dedicated to water- and food-related research, […]

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HowGood aims to boost enterprises’ sustainability intelligence

We are excited to bring Transform 2022 back in-person July 19 and virtually July 20 – 28. Join AI and data leaders for insightful talks and exciting networking opportunities. Register today! New York-based HowGood, a company that provides a software-as-a-service (SaaS) platform to empower enterprises with sustainability intelligence, today announced it has raised $12.5 million […]

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MasterSchool raises $100M to address tech talent shortage

We are excited to bring Transform 2022 back in-person July 19 and virtually July 20 – 28. Join AI and data leaders for insightful talks and exciting networking opportunities. Register today! Israel-based MasterSchool, a startup working to address the global shortage of tech talent, today announced it has raised $100 million in a seed round […]

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MIT students and postdocs advocate for increased federal support of scientific research on Capitol Hill

Sixteen MIT students and postdocs recently traveled to Washington to advocate for federal funding of scientific research for the 2023 fiscal year. Congressional Visit Days (CVD) are an effort organized by the MIT Science Policy Initiative (SPI), a student group that works at the intersection of policy and research. On April 5-6, students met with […]

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Sudozi nabs $4.3M to simplify money management for enterprises

We are excited to bring Transform 2022 back in-person July 19 and virtually July 20 – 28. Join AI and data leaders for insightful talks and exciting networking opportunities. Register today! Austin headquartered Sudozi, a company that provides a software-as-a-service (SaaS) platform to help enterprises improve their money management capabilities, today announced it has raised […]

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Evisoft embeds AI into contract management software, raises $100M

We are excited to bring Transform 2022 back in-person July 19 and virtually July 20 – 28. Join AI and data leaders for insightful talks and exciting networking opportunities. Register today! For lawyers and the organizations that employ them, time is quite literally money. The business of contract management software is all about helping to […]

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Certn nabs $50M to accelerate background checks with AI

We are excited to bring Transform 2022 back in-person July 19 and virtually July 20 – 28. Join AI and data leaders for insightful talks and exciting networking opportunities. Register today! Canada-based Certn, a company that provides AI-powered background screening solutions to enterprises, today announced it has raised $50 million in a series B round […]

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Viaphoton raises $80M to disrupt fiber manufacturing

We are excited to bring Transform 2022 back in-person July 19 and virtually July 20 – 28. Join AI and data leaders for insightful talks and exciting networking opportunities. Register today! Viaphoton, a fiber connectivity provider, has raised $80 million to accelerate fiber production at the edge. The company has developed an innovative manufacturing process […]

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Edge Delta raises $63M to deliver data observability at the edge

We are excited to bring Transform 2022 back in-person July 19 and virtually July 20 – 28. Join AI and data leaders for insightful talks and exciting networking opportunities. Register today! Seattle-based Edge Delta, a company that provides a platform for data observability at the edge, today announced it has raised $63 million in a […]

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Toplyne raises $15M to help SaaS companies sell more

We are excited to bring Transform 2022 back in-person July 19 and virtually July 20 – 28. Join AI and data leaders for insightful talks and exciting networking opportunities. Register today! California-based Toplyne, a startup that provides a platform to help product-led companies improve their conversion rates, today announced it has raised $15 million in […]

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Report: Only 18% of data leaders receive ‘necessary’ amount of funding

We are excited to bring Transform 2022 back in-person July 19 and virtually July 20 – 28. Join AI and data leaders for insightful talks and exciting networking opportunities. Register today! According to the latest report by Alation, only 18% of data leaders expect to receive the full amount of funding they say is necessary […]

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Coherent raises $75M Series B to enable hybrid-work era development

We are excited to bring Transform 2022 back in-person July 19 and virtually July 20 – 28. Join AI and data leaders for insightful talks and exciting networking opportunities. Register today! No-code SaaS provider Coherent, which creates customized APIs out of business logic housed inside spreadsheets, today announced it has closed a $75 million Series […]

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Startup Seaplane IO lands $15M for edge-optimized cloud app management

We are excited to bring Transform 2022 back in-person July 19 and virtually July 20 – 28. Join AI and data leaders for insightful talks and exciting networking opportunities. Register today! Seaplane IO, which wants to do for full-stack applications what content delivery networks (CDNs) did for media delivery, today announced that its platform is […]

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Web3 startup Internxt, valued at $40M aims to compete with Google Drive

We are excited to bring Transform 2022 back in-person July 19 and virtually July 20 – 28. Join AI and data leaders for insightful talks and exciting networking opportunities. Register today! Similar to the way Web2 was born, then grew exponentially over a span of 20-plus years, such is the way the new Web3 – […]

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Privy looks to protect user data in Web3, raises $8M in seed round

We are excited to bring Transform 2022 back in-person July 19 and virtually July 20 – 28. Join AI and data leaders for insightful talks and exciting networking opportunities. Register today! Let’s talk about the IT greenfield of the future. We do this by taking a look at the jumping-off and reconnecting points (let’s call […]

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Empowering people to adapt on the frontlines of climate change

On April 11, MIT announced five multiyear flagship projects in the first-ever Climate Grand Challenges, a new initiative to tackle complex climate problems and deliver breakthrough solutions to the world as quickly as possible. This article is the fifth in a five-part series highlighting the most promising concepts to emerge from the competition and the […]

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Using plant biology to address climate change

On April 11, MIT announced five multiyear flagship projects in the first-ever Climate Grand Challenges, a new initiative to tackle complex climate problems and deliver breakthrough solutions to the world as quickly as possible. This article is the fourth in a five-part series highlighting the most promising concepts to emerge from the competition and the […]

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Looking forward to forecast the risks of a changing climate

On April 11, MIT announced five multiyear flagship projects in the first-ever Climate Grand Challenges, a new initiative to tackle complex climate problems and deliver breakthrough solutions to the world as quickly as possible. This article is the third in a five-part series highlighting the most promising concepts to emerge from the competition, and the […]

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Developing electricity-powered, low-emissions alternatives to carbon-intensive industrial processes

On April 11, 2022, MIT announced five multiyear flagship projects in the first-ever Climate Grand Challenges, a new initiative to tackle complex climate problems and deliver breakthrough solutions to the world as quickly as possible. This is the second article in a five-part series highlighting the most promising concepts to emerge from the competition, and […]

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Zipy.ai, which accelerates software debugging for enterprises, raises $2.8M

We are excited to bring Transform 2022 back in-person July 19 and virtually July 20 – 28. Join AI and data leaders for insightful talks and exciting networking opportunities. Register today! San Francisco-based Zipy.ai has raised $2.8 million in seed funding to accelerate software debugging for enterprises worldwide. Today, software development cycles have skyrocketed. Companies […]

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Computing our climate future

On Monday, MIT announced five multiyear flagship projects in the first-ever Climate Grand Challenges, a new initiative to tackle complex climate problems and deliver breakthrough solutions to the world as quickly as possible. This article is the first in a five-part series highlighting the most promising concepts to emerge from the competition, and the interdisciplinary […]

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Cameyo teams up with Google to launch business continuity solution for ransomware

We are excited to bring Transform 2022 back in-person July 19 and virtually July 20 – 28. Join AI and data leaders for insightful talks and exciting networking opportunities. Register today! Today, Cameyo and Google announced the launch of Cameyo Rapid Recovery, a new rapid recovery business continuity tool that’s designed to help enterprises defend […]

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EvolutionIQ unveils its AI-driven tech to reduce the cost of insurance claims

Processing bodily injury claims isn’t just a matter of crunching numbers and assessing a transcription of events. Because one particular claim can be open for 10 years and have hundreds of data points and medical notes, adjusters have to be de facto medical experts to make informed decisions.  “It’s not like transactional data on a […]

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Noogata nabs $16M to simplify AI access for enterprises

We are excited to bring Transform 2022 back in-person July 19 and virtually July 20 – 28. Join AI and data leaders for insightful talks and exciting networking opportunities. Register today! New York and Israel-based Noogata today announced it has raised $16 million in series A funding to simplify AI access for enterprise users worldwide. […]

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MIT.nano Immersion Lab Gaming Program awards third annual seed grants

MIT.nano has announced its next round of seed grants to support hardware and software research related to sensors, 3D/4D interaction and analysis, augmented and virtual reality (AR/VR), and gaming. The grants are awarded through the MIT.nano Immersion Lab Gaming Program, a four-year collaboration between MIT.nano and NCSOFT, a digital entertainment company and founding member of […]

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Q&A: Climate Grand Challenges finalists on using data and science to forecast climate-related risk

Note: This is the final article in a four-part interview series featuring the work of the 27 MIT Climate Grand Challenges finalist teams, which received a total of $2.7 million in startup funding to advance their projects. This month, the Institute will name a subset of the finalists as multiyear flagship projects. Advances in computation, […]

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Gaviti raises $9M for SaaS collections automation

Gaviti, a software-as-a-service (SaaS) platform that helps manage and collect invoices, raised $9 million in series A funding. This will help fund growth, improve existing tools that help companies stay on top of unpaid invoices and build out additional financial management services.  Companies use enterprise resource planning (ERP) software to track all aspects of company […]

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