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Congratulate the winners of the Launch Finale: Infinite Cooling, Zilper Trenchless and Iterative Scopes

Infinite Cooling, a startup that developed a system at MIT to enable significant water savings in the process of cooling power generators, received the Robert P. Goldbderg Grand Prize at the MIT $100K Launch Finale. Its patent-pending technology uses electrical fields to recapture water that evaporated from the cooling towers of power plant. This water is then recycled back into the cooling system. Infinite Cooling's technology could decrease power plant water consumption by as much as 30 percent, saving millions of dollars to power plant managers every year.  The co-founders of Inifinite Cooling are Maher Damak and Karim Khalil, PhD candidates in the Varanasi Research group in MIT's department of Mechanical Engineering. Derek Warnick, COO, graduated from the MIT Sloan School of Management in 2009 where he focused on sustainable energy and energy finance. The last co-founder,  Kripa Varanasi, also serving as Chairman, is an Associate Professor of Mechanical Engineering at MIT. 

Infinite Cooling, a startup that developed a system at MIT to enable significant water savings in the process of cooling power generators, received the Robert P. Goldbderg Grand Prize at the MIT $100K Launch Finale. Its patent-pending technology uses electrical fields to recapture water that evaporated from the cooling towers of power plant. This water is then recycled back into the cooling system. Infinite Cooling's technology could decrease power plant water consumption by as much as 30 percent, saving millions of dollars to power plant managers every year.

The co-founders of Inifinite Cooling are Maher Damak and Karim Khalil, PhD candidates in the Varanasi Research group in MIT's department of Mechanical Engineering. Derek Warnick, COO, graduated from the MIT Sloan School of Management in 2009 where he focused on sustainable energy and energy finance. The last co-founder,  Kripa Varanasi, also serving as Chairman, is an Associate Professor of Mechanical Engineering at MIT. 

Zilper Trenchless won the Audience Choice award   Zilper Trenchless, co-founded by brothers Daniel and Roberto Zillante, received the $10K Audience Choice award for its technology that avoids the need to dig trenches for underground piping installation.

Zilper Trenchless won the Audience Choice award

Zilper Trenchless, co-founded by brothers Daniel and Roberto Zillante, received the $10K Audience Choice award for its technology that avoids the need to dig trenches for underground piping installation.

Iterative Scopes won the $10,000 Booz Allen Hamilton Analytics Prize for its detection and diagnostic tools that help gastroenterologists identify cancerous colorectal lesions.

Iterative Scopes won the $10,000 Booz Allen Hamilton Analytics Prize for its detection and diagnostic tools that help gastroenterologists identify cancerous colorectal lesions.

Steve Conine, co-founder and co-chairman of Wayfair, was the keynote speaker for this year's finale. Conine stressed that entrepreneurs need to value their customers more than they value their technologies. He recommended, too, the importance of creating a culture where people give honest feedback, which allows entrepreneurs to innovate faster. 

Steve Conine, co-founder and co-chairman of Wayfair, was the keynote speaker for this year's finale. Conine stressed that entrepreneurs need to value their customers more than they value their technologies. He recommended, too, the importance of creating a culture where people give honest feedback, which allows entrepreneurs to innovate faster. 

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Launch finalists announced!

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Join us in congratulating the eight amazing teams who will pitch on May 14 during the Launch finale! Discover their elevator pitches:

Crystal Sonic: Electronic devices are built atop high quality wafers with extremely flat surfaces. Wafer surface quality is critical to device performance. Today’s wafers are made by cutting ingots into thin slices with diamond saws. Mechanical wafer sawing is a jarringly primitive step in an otherwise precise, exacting, and high-tech manufacturing process. It is like practicing surgery with a chainsaw. This sawing process is expensive, time-consuming, and introduces undetectable saw damage to surfaces. Our technology uses sound to atomically cut wafers 10x cheaper and 20x faster than sawing.  Crystal Sonic will enable manufacturers to create better and more reliable devices at a substantially lower cost.

Leuko: We are developing the first non-invasive device for early identification of dangerously low level of white blood cells, leading to the hospitalization of 110K chemotherapy patients/year in the US, $2.7Bn costs and 7% mortality. Our device relies on optical imaging of nailfold microcirculation: a simple test to daily self-perform from home. This innovation will first enable physicians to personalize chemotherapy planning, improving efficacy and safety of treatments - often conservatively set at suboptimal frequency and dose to avoid infection. It could then benefit 10M immunocompromised US people; 4Bn with little or no access to testing for infection worldwide.

  Zilper Trenchless: Zilper Trenchless has developed innovative technology to create versatile and cost-effective equipment, rendering our trenchless technology the best option for infrastructure contractors. Our machines achieve significant reductions in execution time, costs and environmental impact.

STEMgem: STEMgem provides smart device toolkits that allow learners to create their own real, relevant and impactful technology. STEMgem is an Internet of Things device that is directly connected to an online programming environment to let young learners create a build-it-yourself wearable smart device. STEMgem's mission is to engage teenage girls in the STEM fields.

Strand Therapeutics: As a platform, gene therapy has long held the promise of expressing therapeutics proteins directly inside our own bodies. In previous generations, companies focused on DNA delivery without controlled gene expression. In more recent years, RNA therapeutics have emerged as safer, easier to deliver alternative gene delivery vectors. Strand Therapeutics exists at the intersection between synthetic biology and RNA therapeutics: the only company that has built the genetic programming language of RNA to precisely control the expression of RNA therapeutics and deliver truly revolutionary treatments.

360 Truck: Each year, trucking industry in ASEAN loses billions of dollars from trucks that are running back empty after dropping the cargo, bearing the costs of running two ways but making money from only one. This is called empty backhaul.

New Day: New Day, is a smart employment platform providing job-matching and professionalizing skills to entry-/mid-level (blue-collar and services) workers in Southeast Asia.  We are focusing on Southeast Asia (and Myanmar in particular) because it has the highest smartphone penetration and mobile internet usage in the world.

Infinite Cooling: Power plants are the largest user of water in the US, and most of this water is used for cooling. At MIT, we have developed a technology that uses electric fields to recover water from the evaporative losses of cooling towers so that the same water can be used again and again. The product offers an attractive 2-year payback to customers, and the market is $8B in the US and over $20B internationally. Our team comprises the inventors of the technology and we have strong technical and business skills.

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LAUNCH SEMI-FINALISTS ANNOUNCED!

Congratulate MIT $100K LAUNCH 2018 semi-finalists!

After two weeks of intense judging, we are pleased to announce the 35 semi-finalists of this year's LAUNCH competition! From Agriculture to Material Sciences, Tech to Design, BioTech to CleanTech, discover their elevator pitches.

AgTech

  • Arable -  Arable helps farmers optimize tilling practices, leading to
    more efficient and sustainable farming techniques.

BioTech

  • Iterative Scopes -  Iterative Scopes uses data analytics and advanced
    computing techniques to narrow health care disparities.
  • Bloomer Health Tech - Bloomer is revolutionizing cardiovascular
    disease management and prevention for women by combining
    medical-grade sensors, data analytics, health management and
    patient-physician empowerment via every day, ordinary clothing that
    collects extraordinary data.
  • Flow Suit - Flow Suit uses both electronic muscle stimulation and a
    passive brace in order to provide manual leg control to paraplegics,
    giving them mobility, independence, and self-sufficiency.
  • Mechanodontics - Mechanodontics is making a new type of braces
    for orthodontic treatment that reduces the overall treatment time by
    half, cut the number of visits to the clinician by 75%, and reduces
    overall pain while also increasing oral hygiene.
  • Karuna Health - Karuna is a personal advisor and assistant that
    leverages automation and custom-built patient experience tools for
    families with complex health needs.
  • DeepCure - DeepCure is developing a transformative AI technology to screen, generate, and optimize drug candidates thousands of times faster, cheaper, and more accurately than the current state-of-the-art, reversing the rapid decline in drug development effectiveness.
  • Orfactory - Orfactory designs and produces a handheld medical device that can detect and identify cancer cells in real-time to support neurosurgeons using 5-ALA during brain surgery, thereby increasing the survival rate and life expectancy of patients.
  • Leuko - Leuko is developing the first non-invasive device for early identification of dangerously low level of white blood cells that can enable physicians to personalize chemotherapy planning, improving efficacy and safety of treatments.
  • synXpro - synXpro utilizes symbiotic bacteria from the human microbiome as vehicles for more sustained and tissue-targeted delivery of therapeutic proteins.
  •  C16 Biosciences - C16 Biosciences use synthetic biology to brew palm oil from microbes, creating a cheaper, sustainable palm oil replacement that can capture value and protect the environment.
  • Strand Therapeutics - Strand Therapeutics has built the genetic programming language of RNA to precisely control the expression of RNA therapeutics and deliver truly revolutionary treatments.
  •  ConquerX - ConquerX is developing a pan-cancer test through a simple, customizable, accurate liquid biopsy test - the Metachip. Metachip is a unique multi-analyte platform able to simultaneously detect DNA, proteins, and microRNAs on the same sample.
  • E25Bio - E25Bio is providing the missing tool in the world's battle against infectious diseases: an inexpensive self-administered test strip with unprecedented accuracy coupled with data analytics to inform public response.
  • Aavia - Aavia invented a patent-pending IoT device for the Birth Control Pill blister pack. The user simply stores her usual blister pack in the device and it recognizes if she hasn't taken her Pill by her daily set time and sends customizable reminders to her phone until she actually takes it. This will keep the 10M US women who take the Birth Control Pill from missing a dose again, reducing stress and the associated 1M annual unintended pregnancies.
  • X-COR Therapeutics - X-COR CO2 removal cartridges are a minimally invasive, procedurally simple, safer and cheaper CO2 removal device that enables outpatient treatment of respiratory failure at low blood flows like dialysis.

Tech/Platforms

  • OZÉ - Founded by Meghan McCormick, OZÉ is the business insights engine in the pocket of every African entrepreneur. It is a mobile app that aggregates and analyzes transaction data to push context-specific recommendations to business owners to improve their operations.
  • Tactile - Tactile is the first dedicated text-to-Braille converter that aims to increase information accessibility for the visually impaired community. With Tactile, users can scan any printed text and read the resulting Braille on demand.
  •  360TRUCK - 360TRUCK is an online logistics marketplace that ensure that trucks drive with a full shipment both ways in ASEAN with a unique matching algorithm and predictive analytics.
  • Deepbench - Deepbench unlocks the world's knowledge by connecting those who have expert insights with those who need them via an AI powered technology platform.

CleanTech

  • Infinite cooling - Infinite Cooling has developed a technology that uses electric fields to recover water from the evaporative losses of cooling towers so that the same water can be used again and again.

Material Tech

  • Crystal Sonic - Crystal Sonic uses sound to atomically cut wafers 10x cheaper and 20x faster than the currently used method of sawing. Crystal Sonic will enable manufacturers to create better and more reliable devices at a substantially lower cost.
  • TerraVation - TerraVation uses cost-effective polymer technology to develop highly durable and waterproofed soil roads, thereby building reliable and long lasting means of rural connectivity.

EdTech

  • T-var EdTech - The Read Read is a patent pending physical device that allows blind students to independently learn phonics and braille and gain the early literacy that is prerequisite to academic and professional success.
  • STEMgem - STEMgem is an Internet of Things device that is directly connected to an online programming environment to let young learners create a build-it-yourself wearable smart device. STEMgem's mission is to engage teenage girls in the STEM fields.

FinTech

  • Zippi - Zippi helps the 70 million Brazilians have difficulty getting credit because they lack the necessary documentation by using cell phone data and behavioral tests to measure default risk in novel ways, providing loans that are 4-5x cheaper than competitors.
  • Context - Context is a crowdsourced Bloomberg for emerging economies, using predictions from locals to forecast asset prices for investors, governments and industry.
  • Waffle - Waffle leverages data science capabilities and a proprietary risk model to turn the insurance model upside down by insuring you through one policy, providing cheaper, comprehensive protection that places the customer at the center of the proposition.
  • Coconut - Coconut allows consumers holding any cryptocurrency to make direct purchases everywhere: at real-world merchants, online retailers, and across blockchains. Consumers choose any cryptocurrency to pay with, and businesses have the option to receive payment in fiat currency with no volatility.
  • Kivio - Kivio is leveraging Blockchain-based solutions to reengineer the ocean-freight contracting process for one of the biggest tanker ship-owning companies. Their products will make the industry more efficient, saving cost and time.

Design

  • Anantara - Anantara addresses the dual challenges of forest degradation and limited economic opportunities in the Western Ghats in India by helping indigenous forest communities create luxury designer furniture from a rapidly invasive plant (Lantana Camara).

Engineering

  • Zilper Trenchless - Zilper Trenchless has developed innovative technology to create versatile and cost-effective equipment, rendering their trenchless technology the best option for infrastructure contractors.
  • AirWorks - AirWorks makes aerial data accessible and useful to decision-makers in the built environment. We provide automated analytics such as site plans and building models through AI that allow developers and engineers to yield time and cost efficiencies as well as to identify and eliminate build errors.
  • New Day - New Day is a smart employment platform providing job-matching and professionalizing skills to entry-/mid-level (blue-collar and services) workers in Southeast Asia. We are focusing on Southeast Asia (and Myanmar in particular) because it has the highest smartphone penetration and mobile internet usage in the world.”.