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October 17, 2018

MIT Corporate Relations and MIT Startup Exchange announce STEX25 additions

MIT Startup Exchange is pleased to announce the addition of five companies to its roster of STEX25 startups. New additions to the program include: BMF Material Technology Inc., ClimaCell, Distilled Analytics, Interpretable AI, and IQ3Connect.

MIT Startup Exchange is pleased to announce the addition of five companies to its roster of STEX25 startups. New additions to the program include: BMF Material Technology Inc. (micro/nano-scale 3D printing), ClimaCell (micro weather), Distilled Analytics (predictive identity), Interpretable AI (automated predictive systems), and IQ3Connect (collaborative VR).

“MIT fosters the creation of strong tech startups, and the caliber of technology and talent in this STEX25 induction is no exception. Our ILP members utilize MIT Startup Exchange to effectively filter and match emerging startups with their companies, which result in many advanced discussions and partnerships,” said Executive Director of MIT Corporate Relations Karl Koster.


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 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.

“Within these new additions, we see creative use of data for incredibly practical and industry-changing applications, with a large emphasis on AI. Throughout the Institute and industry, the prevalence of AI-based companies and technologies have greatly shaped our startup landscape,” said MIT Startup Exchange Program Director Marcus Dahllöf.

The broad group of STEX25 startups currently represent a variety 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.

MIT Startup Exchange draws from the Institute’s plethora of startups founded and/or led by MIT faculty, staff, or alumni, or based on MIT-licensed technology. With nearly 20% of MIT faculty acting as serial entrepreneurs, the breadth of faculty involvement in STEX25’s new additions comes as no surprise to Program Director Marcus Dahllöf. “As always, our MIT faculty is well-represented within these startups, including faculty founders at BMF Material Technology (Nicholas Fang, MIT MechE), Distilled Analytics (Alex ‘Sandy’ Pentland, MIT Media Lab), and Interpretable AI (Dimitris Bertsimas, MIT Sloan).”

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.