News & Announcements

  • The Engine expands, responding to a rapid growth of ‘Tough Tech’

    08.27.2019 New location will support growing innovation ecosystem; serve as hub for the region  The Engine announced today that it will create an additional 200,000 square feet of shared office, fabrication,…

  • The Engine invests in E25Bio

    08.26.2019 E25Bio, enabling faster and more accurate healthcare access through its rapid, point-of-care, diagnostic technology, today announced it has raised $2.3 million in seed funding, led by The Engine. E25Bio is pioneering rapid diagnostic technology that can detect mosquito-borne illnesses in minutes instead of weeks.

  • The Engine invests in Syzygy

    08.19.2019 Syzygy Plasmonics, a technology company developing the world’s highest performance photocatalyst, today announced it has raised $5.8 million in Series A funding co-led by The Engine. Syzygy is advancing a new photocatalytic chemical reactor powered by light from renewable electricity instead of heat from burning fuel. Syzygy’s photocatalytic reactor holds promise to revolutionize the industrial gas, chemical, and energy industries by significantly reducing the cost and carbon emissions in the production process for a wide range of major chemicals such as fuel, fertilizer, and plastic.

  • The Engine invests in Cambridge Crops

    09.04.2019 Cambridge Crops today announced it has raised $4 million in seed funding led by The Engine. Over one third of the food produced in the world is wasted. Cambridge Crops is pioneering silk-powered technology that is applied to food to slow the exchange of gases that cause decay.

  • The Engine invests in Vaxess Technologies

    06.27.2019 Vaxess Technologies, a biotechnology company redefining drug delivery with the silk-powered MIMIX smart release patch, today announced it has closed the final tranche of an $8.2 million Series A round led by The Engine.

  • The Engine Report 2016-2018

    04.5.2019 The Engine was established as a public benefit corporation with the purpose of creating a material positive impact on society and the environment. It’s that purpose that drives us to…

  • Orin Hoffman joins The Engine as Venture Partner

    04.01.2019 We’d like to welcome Orin Hoffman to The Engine as a Venture Partner on the investment team. Orin brings a depth of experience in government and startups, a rich technical…

  • The Engine invests in Boston Metal

    01.10.2019 Boston Metal announced today that it has raised $20M in a Series A funding with participation from The Engine. “A critical piece to achieving a carbon-free world is the decarbonization of steel production,” said Katie Rae from The Engine. “Boston Metal has spent years developing its groundbreaking technology and is incredibly close to bringing it to market.”

  • Looking Back on the Tough Tech Summit

    11.21.2018  The Tough Tech movement is underway. “We are in a time when the next generation of unicorn companies must be solving issues of water scarcity, feeding the planet, or…

  • The Engine invests in quantum software startup Zapata Computing

    05.17.2018 Quantum Software Startup Zapata Computing Launches Out of Harvard Seed-Round Investors Include The Engine and Pillar CAMBRIDGE, Mass.--Quantum software startup Zapata Computing (www.zapatacomputing.com) launched today to advance breakthroughs in computational…

  • Announcing Ann DeWitt as COO at The Engine

    01.26.2018 We are thrilled to announce Ann DeWitt as The Engine’s COO. Ann will be instrumental to The Engine as we build the corporate network and program to support our teams…

  • The Engine Announces First-Ever Investments in Tough Tech Startups from $200 Million Fund

    09.19.2017 First-ever investments by The Engine in seven Boston-based startups across a range of tough tech areas including aerospace, advanced materials, biotech, genetic engineering, renewable energy, and others.

  • The Engine closes its first fund for over $150 million

    04.06.2017 Just months after its launch, MIT’s new startup accelerator The Engine yesterday closed its first investment fund for over $150 million.

  • Accelerating Breakthrough Innovations

    02.28.2017 Join us at an info session for founders to learn how you can make an impact as part of The Engine program.