Boston is home to top of the world universities such as Massachusetts Institute of Technology and Harvard. Together with programs such as Mass Challenge, TechStars Boston, and Startup Institute Boston, this area is guaranteed some of the most innovative ideas and top minds geared up to drive the startup scene skywards. Looking at the big name companies such as Trip Advisor, Zipcar, and Carbonite, you can hardly doubt the effectiveness and potential of entrepreneurship mentoring programs in Brookline and the larger Boston.
The following are some of the startups that are poised to take over their respective industries in the near future.
This startup was founded by Rodney Brooks in 2008. The concept upon which it is based is in manufacturing affordable industrial robots that can do a number of tasks and work safely alongside humans. Baxter, its first robot, can handle materials, inspect and test parts, pack and unpack boxes, load and unload items from conveyer belts, and operate machines.
This company is aiming to make America very competitive by reducing the cost of manufacturing processes and techniques. So far, it has attracted $ 62 million worth of funding from Sigma Partners, Charles River Ventures, Highland Capital Partners, Bezos Expeditions, and Draper Fisher Jurvetson.
This business was founded in 2010, but officially launched in 2012. Spindle is a concept brought together by its founders who are Alex Lambert, Simon Yun, and Pat Kinsell. The basic idea of Spindle is to pull in real time information from businesses through a location discovery app. It reinvents the way we search for things around us by offering customized searches for places with special events or only offering deals at the time. So far, this startup has attracted $ 2.3 million in funding from partners such as Lerer Ventures, Atlas Venture, SV Angel, Project 11 Ventures, Greylock Partners, and Polaris Partners.
This startup founded by Daniel Choi and Eliot Buchanan in 2010, aims at making it easier for merchants to accept payments through credit cards online. The credit card processing tools it has come up with are targeted at government entities, property owners, universities, and other merchant types. Already, the company has partnered with Mt. Royal University, University of Alberta as well as H & R Block Canada for income tax payment.
This company founded by Christine Gutierrez and Jessica Kim in 2007, aims at delivering monthly boxes of activities for parents to interact with their kids. The kids targeted are those between the ages of 3 to 6. Already, the company has made its way into the hands of a number of celebrities amongst them Tori Spelling, Jennifer Garner, Ashlee Simpson, and Jessica Alba. It has also attracted $1.23 million in funding.
This company is premised on helping people predict future trends. It was started by Christopher Ahlberg in 2009. The company has mechanisms for capturing and compiling data from Twitter, news articles, and SEC filings among other sources. So far, $20.9 million has been raised to fund the business.
Other startups top look out for include Formlabs, Bow & Drape, Ubersense, Yesware, and CustomMade.