$1M Non-Dilutive Grants Fuel Innovation: Meet MassRobotics Latest Accelerator Cohort

MassRobotics, the biggest independent robotics center, invites the 2nd accomplice of the MassRobotics Accelerator, powered by the Massachusetts Modern technology Collaborative’s (MassTech)Innovation Institute Adhering to an effective inaugural program, MassRobotics invites a varied and vibrant 2nd accomplice that consists of Haystack Ag, LiftLabs, Mito Robotics, Nexterity, p!ng, Redefine Surgery, ReviMo, Revolute Robotics, Tatum Robotics, and Variable Machines.

Throughout 2 years, $2,000,000 has actually been granted to 20 encouraging robotics start-ups via this accelerator program. This program is distinct in its equity-free technique. Each start-up joining the program will certainly be granted a $100,000 non-dilutive give from Massachusetts Modern technology Collaborative (MassTech).

The three-month accelerator program starts today, and the accomplice will certainly have the chance to present their start-ups at MassRobotics’ yearly enroller’s party today. Throughout the training course of the program, start-ups will certainly experience a durable educational program of organization subjects extending client exploration, worth proposal exploration, producing for quality, fundraising methods, and group administration.

Considering that finishing, the 10 business from the very first program released numerous client activations, with 80% of the business having actually come to be revenue-generating.

” Think of if over night your firm expanded 10X and is currently filled with professionals prepared to assist you beautifully browse any kind of problem or choose little or big. Think of if that proceeded for 13 weeks and your firm made money for it! That’s what the MassRobotics Accelerator is and it’s been a very useful property to our start-up,” claimed Demitri Balabanov, Chief Executive Officer and Founder of Garments Robotics, a MassRobotics Accelerator profile firm.

” The MassRobotics Accelerator supplied me with top-tier advisors, intros to market partners and investor, and techniques to assist expand SIMPL. There’s no location like the Boston robotics neighborhood and sustaining environment,” claimed Ayman Labib, Chief Executive Officer and Founder of SIMPL Automation, a MassRobotics Accelerator profile firm.

Inviting an Extremely Varied 2nd Friend

Comparable to in 2015, competitors was strong for the Accelerator, with an 8% approval price. Greater than 130 start-ups related to this program, with candidates from greater than 25 nations. The option procedure was durable, identified by an option board made up of significant roboticists, business owners, and academics.

Firms in this accomplice stand for a variety of markets, consisting of healthcare, production, customer, assistive modern technology, and oceantech. Significantly, women creators compose 40% of the accomplice.

” MassRobotics’ Accelerator shows the stamina of robotics in Massachusetts,” claimed Peter Haas, MassTech’s Supervisor of Robotics. “Our state has a riches of ability behind every one of the cutting-edge business and scholastic establishments in the environment. These honors will certainly remain to stimulate competitors, drive future innovations, and expand market chances.”

Satisfy the Accelerator Friend at the 2025 Robotics Top & Exposition

The MassRobotics Accelerator will certainly finish in an Accelerator Display held at the Robotics Summit & Expo on April 30, 2025. For more information regarding the chosen start-ups, please go to the MassRobotics Accelerator touchdown web page.

MassRobotics Looking For Companions to Proceed the Successes of the Accelerator

The MassRobotics Accelerator has actually gotten importance around the world and got substantial assistance from companions, enrollers, scholastic establishments, and others, drawing in both start-ups and advisors worldwide to the program.

To money future MassRobotics Accelerator programs, the not-for-profit is looking for cutting-edge and forward-thinking firms to sustain future associates. The MassRobotics Accelerator has a record of picking effective business, and brand-new company companions will certainly permit them to increase this programs to bespoke company matchmaking.

” The MassRobotics Accelerator has actually subjected us to greater than 250 brand-new start-ups creating incredible robotics from around the world. Our chosen associates are genuinely best-in-class. We anticipate brand-new companions and enrollers that will certainly join us in discovering the following team of robotics start-ups that will certainly alter the globe,” claimed Tom Ryden, Exec Supervisor of MassRobotics.” This chance to assist power and effect our Accelerator is crucial and distinct.”

For more information regarding just how MassRobotics can companion with your company to recognize encouraging start-ups and run bespoke accelerator programs, please connect to Marita McGinn, Supervisor of Accelerators, at marita@massrobotics.org.