cleantech
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MIT’s Cleantech Startups Cleantech at the Crossroads, 8 March 2016
Trond Undheim , Ph.D, Lead MIT Startup Exchange (STEX)
@MITSTEX
Startupexchange.mit.edu
230 corporations seeking partnerships & innovation!
MIT InnovaAon ecosystem
Idea Industry ready Business plan
1000+ MIT-connected startups!
MIT startup clusters
!421!!!74!!!99!
99!!164 !!!!34!!90!!
n=1113 (other=132) Source: MIT STEX Database (13 Jan, 2016).
2015 in review
• 77 new startups!• Key trends: !
– Advanced manufacturing (roboAcs, 3D prinAng, digital interfaces, sensing)
– Big data analyAcs (customer intelligence, cybersecurity)
– Health breakthroughs (Immuno-‐oncology, digital health, foodtech, wearables)
MIT faculty co-‐founders
Company Year MIT Faculty co-‐founder Dept/Lab/Center Field
2011 Prof. Don Sadoway Materials science Metallurgy
2001 Ganesh V. Kaundinya MIT Ctr Bio InnovaAon Biomolecules
2008 Prof. Rod Brooks CSAIL RoboAcs
1989 Prof. Stuart Schreiber Broad InsAtute Chemical biology
2007 Prof. Marin Soljačić Prof. John Joannopoulos
Physics Photonics
2005 Prof. Chris Schuh Materials science Nanotech
2010 Prof. Sandy Pentland Media Lab
Social physics
90+MIT startups in cleantech
Keywords: Cleantech, energy, heat recovery, energy efficiency, solar, renewables, energy storage
STEX brought startup out of stealth
• IoT in manufacturing startup Tulip came out of stealth mode at STEX Silicon Valley startup showcase in Mountain View on 1/26/16!
• Tulip is transforming manufacturing processes by bringing the latest technological advances from the lab to the shop floor.!
• Tulip got dozens of client leads and are in partnership discussions with several ILP member companies (and others) as a result.!
Industry sources MIT innovaAon
3/8/16
[Mul?na?onal] seeks MIT startups
• [Multinational] seeks partnership with MIT-connected startups.!• Particular interest in breakthrough/disruptive tech X. !• Looking for startups/companies with [these characteristics]!• Corporate facts, MIT track record, startup track record, URL.!
Open STEX opportuniAes (energy)
Foxconn backs Witricity (2013)
Aramco invests in Siluria (2014)
Henkel partners w/Dropwise (2015)
Samsung invests in Nutonomy
"We are impressed with nuTonomy's technical acumen, especially their leadership in decision-‐making methods for vehicles," said Amit Garg, strategic investments, Samsung Global Innova3on Center. "Partnering across the spectrum in the industry will be essen@al to turning years of research into an everyday reality."
Big data text analytics dashboard gives computers the ability to understand people the way people understand each other.!Founded in 2011.!
3/8/16 15
STEX Calendar 2016
! !Date Event topic Loca?on
3/8/16 Cleantech at the Crossroards: energy innova?on One Main Street, Cambridge, MA
4/20/16 2016 MIT ICT Conference: STEX Exhibit & Lightning talks
MIT Media Lab, 6th floor
4/21/16 From fintech to the factory: leveraging Embedded IT across the Enterprise
One Main Street, Cambridge, MA
5/9/16 Intelligent Mobility: innova?on in transporta?on One Main Street, Cambridge, MA
6/16/16 Robo?cs for Real: embedding sensors in everything One Main Street, Cambridge, MA
9/7-‐9/16 2016 MIT Digital Healthcare Conference: STEX Exhibit & Lightning talks
n/a
9/15/16 How tech is changing who and what can fly: aerospace Innova?on
One Main Street, Cambridge, MA
10/4/16 2016 MIT Startup Ecosystem Conference MIT Media Lab, 6th floor
11/30/16 MIT Startup Showcase London, UK
Building the world’s best, and largest, platform for monitoring and treatment of neurological chronic diseases. First use case is Epilepsy!Founded in 2014.!
3/8/16 17
Provides technology to enable wireless power transfer over distance using magnetic resonance. !Healthcare application: !medical devices.!Founded in 2007.!
3/8/16 18
3/8/16 19
• “our coatings allow manu-facturers to dream up new products and processes”Founded in 2001.!
High quality, low cost 3D printer that enables designers/engineers to create 3D forms with the touch of a button.!Founded in 2011.!
3/8/16 20 3D printed speaker
Connecting Industry to Startups
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