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 strong curriculum of enterprise subjects. These span buyer discovery, worth proposition discovery, manufacturing for excellence, fundraising techniques, and workforce administration. Since graduating, the ten firms from the primary program deployed a number of buyer activations, with 80% of the businesses having turn out to be revenue-generating.
Much like final yr, competitors was fierce for the Accelerator, with an 8% acceptance fee. Greater than 130 startups utilized to this program, with candidates from greater than 25 nations. The choice course of was carried out by a variety committee composed of notable roboticists, entrepreneurs, and lecturers.
Over the course of two years, MassRobotics has awarded $2,000,000 to twenty promising robotics startups by means of this accelerator program. This system is powered by the Massachusetts Know-how Collaborative’s (MassTech) Innovation Institute. With the Accelerator, MassRobotics takes an equity-free strategy. Every startup collaborating in this system might be awarded a $100,000 non-dilutive grant from MassTech.
“The MassRobotics Accelerator has uncovered us to greater than 250 new startups growing wonderful robots from throughout the globe. Our chosen cohorts are actually best-in-class. We stay up for new companions and sponsors that may be a 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 influence our Accelerator is important and distinctive.”
Meet the startups at Robotics Summit & Expo
Firms on this cohort symbolize quite a few industries, together with well being care, manufacturing, shopper, assistive expertise, and ocean tech. Importantly, feminine founders make up 40% of the cohort. The cohort consists of:
- Haystack Ag: Focuses on cost-effective and high-accuracy soil carbon measurement. In accordance with 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 could be hooked up 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 gives a bigger Offshore Carry.
- 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 subject 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 study 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 deal with themselves independently and cut back the burden on their caregivers. It designed its product for individuals who can’t get off the bed with out help.
- Revolute Robotics: Hybrid mobility robots that swap between driving on the bottom and flying by means of the air to allow completely new purposes for inspection and surveillance robots.
- Tatum Robotics: A 2022 RoboBusiness Pitchfire winner, Tatum Robotics is growing first-of-its-kind assistive communication programs for the DeafBlind neighborhood. Its Tatum T1 robotic hand indicators tactile ASL, the first communication methodology of individuals with extreme deafblindness.
- Variable Machines: A brand new kind of reconfigurable instrument that enables 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 permits it to print light-weight mildew 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-Could 1 in Boston. Produced by The Robotic Report, the Robotics Summit & Expo brings collectively 5,000+ builders centered on constructing robots for quite a lot of industrial industries. Attendees will achieve insights into the newest enabling applied sciences, engineering greatest practices, and rising tendencies. There might be 70-plus audio system on stage, 10+ hours of devoted networking time, a Girls 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 consultants prepared that will help you gracefully navigate any concern or make selections small or giant. Think about if that continued for 13 weeks and your organization acquired 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.
