Cleantech conference

1. MIT’s Cleantech Startups
Cleantech at the Crossroads, 8 March 2016
Trond
Undheim
,
Ph.D,
Lead
MIT
Startup
Exchange
(STEX)
@MITSTEX
Startupexchange.mit.edu

2. 230 corporations seeking
partnerships & innovation!
MIT
InnovaAon
ecosystem
Idea
Industry ready
Business plan
1000+ MIT-connected
startups!

3. MIT
startup
clusters
!
421!
!
!
74!
!
!
99!
99!
!
164 !!
!
!
34!
!
90!!
n=1113
(other=132)
Source:
MIT
STEX
Database
(13
Jan,
2016).

4. 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)

5. 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

6. 90+MIT
startups
in
cleantech
Keywords:
Cleantech,
energy,
heat
recovery,
energy
efficiency,
solar,
renewables,
energy
storage

7. 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.!

8. Industry
sources
MIT
innovaAon
3/8/16

9. [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.!

10. Open
STEX
opportuniAes
(energy)

11. Foxconn
backs
Witricity
(2013)

12. Aramco
invests
in
Siluria
(2014)

13. Henkel
partners
w/Dropwise
(2015)

14. 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."

15. 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

16. 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

17. 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

18. Provides technology
to enable wireless
power transfer over
distance using
magnetic resonance.
!
Healthcare application: !
medical devices.!
Founded in 2007.!
3/8/16
18

19. 3/8/16
19
• “our coatings
allow manu-
facturers to
dream up new
products and
processes”
Founded in 2001.!

20. 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

21. Connecting Industry to Startups