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April 27, 2018

MIT Corporate Relations and MIT Startup Exchange announce STEX25 additions

MIT Startup Exchange is pleased to announce the addition of seven companies to its roster of STEX25 startups. New additions to the program include: Asimov, Feature Labs, Form Energy, Formlabs, Legit, Liquid Piston, and PathAI.

MIT Startup Exchange is pleased to announce the addition of seven companies to its roster of STEX25 startups. New additions to the program include: Asimov (programmable living cells), Feature Labs (data science automation), Form Energy (renewable energy storage solution), Formlabs (3D printing of polymers), Legit (AI to improve R&D process), Liquid Piston (high efficiency combustion engine), and PathAI (pathology AI).

“STEX25 startups exhibit the high-caliber talent and cutting-edge technology that are hallmarks of MIT, and feedback from industry partners is that MIT Startup Exchange is one of the most effective filters for emerging tech startups,” said Executive Director of MIT Corporate Relations Karl Koster. “We continue to see strong interest from our corporate ILP members resulting in advanced discussions and multiple partnerships.”



STEX25 is a startup accelerator
within MIT Startup Exchange
featuring 25 "industry-ready" startups.

MIT Startup Exchange is adding startups to STEX25 on a roughly quarterly basis, from among more than 1,600 startups in the database. STEX25 startups receive promotion, travel, and advisory support and are prioritized for meetings by the MIT Industrial Liaison Program’s (ILP) industry liaisons.

“STEX25 is playing a formative role in accelerating MIT-connected startups by enabling founders to have high level conversations with the right corporate people at the right time,” said MIT Startup Exchange Program Director Marcus Dahllöf. “Even those startups that are relatively advanced, with well-defined product markets and established sales processes, are finding tremendous value in our program, and are very actively involved. This speaks to the quality of our corporate ILP connections and the quality of our events.”

STEX25 is adding tailored services to further collaboration with ILP corporate members, including targeted Startup Exchange workshops and showcases, exhibits at ILP conferences, and other events tailored towards industry.

The broad group of STEX25 startups represent a number of important fields, including artificial intelligence, automation, data analytics, energy, healthcare, internet of things (IoT), life science, advanced manufacturing, machine learning, materials, nanotech, sensors, and more.

To learn more about STEX25 and MIT Startup Exchange, visit http://ilp.mit.edu/stex25.jsp.





About MIT Startup Exchange, STEX25, and MIT’s Industrial Liaison Program (ILP)
MIT Startup Exchange actively promotes collaboration and partnerships between MIT-connected startups and industry. Qualified startups are those founded and/or led by MIT faculty, staff, or alumni, or are based on MIT-licensed technology. Industry participants are principally members of MIT’s Industrial Liaison Program (ILP).

MIT Startup Exchange maintains a propriety database of over 1,500 MIT-connected startups with roots across MIT departments, labs and centers; it hosts a robust schedule of startup workshops and showcases, and facilitates networking and introductions between startups and corporate executives.

STEX25 is a startup accelerator within MIT Startup Exchange, featuring 25 “industry ready” startups that have proven to be exceptional with early use cases, clients, demos, or partnerships, and are poised for significant growth. STEX25 startups receive promotion, travel, and advisory support, and are prioritized for meetings with ILP’s 230 member companies.

MIT Startup Exchange and ILP are integrated programs of MIT Corporate Relations.