MIT Reveals the First 7 ‘Hard Tech’ Startups in The Engine’s $200M Fund

MIT’s grand experiment in high-tech startup investing has officially begun.

On Tuesday, the Massachusetts Institute of Technology revealed the first seven “hard tech” startups to receive investments from The Engine, MIT’s new $200 million venture fund that also acts as a startup accelerator. The goal is to accelerate the development of resource-intensive, groundbreaking technologies that traditional venture capital often neglects — a topic that was explored in MIT President Rafael Reif’s 2015 call for “innovation orchards.”