Ozva AdminFDA approvals, procurement, a United Nations nod, and a Time100 honor. This is what some innovative members of the Martin Trust Center for Entrepreneurship at MIT community were up to the task this year.
The wastewater analysis company co-founded by Mariana Matus, PhD ’18, was named one of Time’s Most Influential Companies 2022. Biobot Analytics started in 2017 with the idea of sampling, testing and analyzing municipal wastewater. In May, Biobot Analytics joined the US Centers for Disease Control. National Wastewater Surveillance System, which tracks COVID-19 in wastewater. In September, the company announced the relaunch of a branch of its platform that helps municipalities measure opioids in sewage.
Congo Clothing donates 10% of its profits to improve the skills of survivors of rape and other violent sexual abuse through a partnership with panzi hospital in the Democratic Republic of the Congo. Co-founded by Milain Fayulu, SM ’22, Congo Clothing was mentioned in a United Nations white paper on conflict-related sexual violence for “respectfully using her platform to speak about CRSV on an issue that reduces stigma and promotes empowerment initiatives and livelihood support for survivors.”
Iterative Scopes uses machine learning and computer screening tools to help clinicians detect signs of colon cancer. Founded by Jonathan Ng, SB ’12, the company closed a $150 million Series B funding round this year and received FDA approval for its AI-assisted SKOUT tool to detect colorectal polyps.
Formerly Cambridge Crops, Mori is a food technology company that uses a water-based coating made from silk protein to preserve food longer. Adam Behrens, PhD ’15, founded the company in 2018 with a mission to reduce food waste. In 2022, Mori closed a $50 million Series B financing round. It is also a holding company in The motora resilient tech venture firm founded by MIT.
Andrea Ippolito, SM ’12, founded SimpliFed in 2019 to democratize access to baby feeding services and provide telehealth support for people feeding their babies. Ippolito raised $6 million in a 2022 seed round. In an interview he said she was juggling her own logistics of pumping for his second daughter while working on the seed round.
Solstice connects communities with developers who build onboard and solar farms, and manage solar customers through a digital platform. Sandhya Murali, MBA ’15 and Steph Speirs, MBA ’17, are among the founders. Solstice was acquired by MyPower Corp. in October 2022.
Bain acquired the analytics startup in February. Founded by Juan Pablo Garcia, SM ’17, Spike provides machine learning solutions to companies in a variety of industries. The acquisition of Chile-based Spike will contribute to Bain’s South American innovation efforts, the firm said in a press release.
Khalid David, MBA ’19, grew up in a family of builders, so he was familiar with the difficulties of getting everyone involved in a project on the same page. To address this issue, in 2014 David created Tracflo, a real-time cost tracking platform. As of the end of 2022, Tracflo has processed more than $17 million in change orders across 318 projects.
VideaHealth’s artificial intelligence technology is designed to help dentists more accurately detect and diagnose cavities. The company, founded by Florian Hillen, SM ’18, raised $20 million in Series A funding in 2022; In May, VideaHealth’s caries detection algorithm received FDA approval.
To learn more about these alumni and startups, read the Martin Trust Center for MIT Entrepreneurship annual report 2022.
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