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The Engine

The Engine

Invests in tough tech for global impact

About

The Engine, built by MIT, invests in Tough Tech, focusing on renewable energy, regenerative medicine, quantum computing, and AI-powered autonomous driving systems to address climate change, human health, and advanced systems and infrastructure, leveraging cutting-edge technologies for a positive global impact.

Company Stage

Grant

Employees

51-200

Industries

Venture Capital, Energy, Biotechnology, Consulting

Total Funding

$589.5M

Headquarters

N/A

Founded

2016


Simplify Jobs

Simplify's Take

What believers are saying

  • The Engine's collaboration with the National Science Foundation and Waymaker Group brings substantial funding and support, fostering a robust innovation ecosystem.
  • Deep tech founders benefit from The Engine's specialized infrastructure and resources, which are crucial for scaling complex technologies.
  • The Engine's strategic partnerships and funding initiatives, such as the $9.5 million NSF investment, provide startups with a strong financial and operational foundation.

What critics are saying

  • The specialized focus on deep tech may limit The Engine's appeal to a broader range of startups, potentially narrowing its market.
  • Longer timelines for deep tech development could delay returns on investment, posing financial risks.

What makes The Engine unique

  • The Engine Accelerator focuses on deep tech startups, providing specialized resources like lab benches and large equipment, unlike general co-working spaces.
  • Their emphasis on 'patient resources and patient capital' aligns with the longer timelines required for deep tech innovation, setting them apart from accelerators with shorter-term focuses.
  • Partnerships with institutions like MIT and the National Science Foundation enhance The Engine's credibility and access to significant funding and resources.

Benefits

A mission-driven work environment and team, and the opportunity to work with world-class Tough Tech founders

Competitive compensation based on experience

Health, Dental, Vision Insurance

401k matching

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