An MIT-founded fund and incubator backing companies whose timelines are too long for conventional venture capital.
The Engine was created by MIT to address a specific failure: scientifically important companies that cannot raise because their development timelines exceed what a standard venture fund can accommodate.
It provides capital on longer horizons alongside specialised laboratory and fabrication space that such companies cannot otherwise access.
Commonwealth Fusion Systems, the fusion energy company, and Form Energy in long-duration storage are among the companies The Engine has backed.
Global Capital Network connects accelerator graduates with investors ready for the next round.
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