MassRobotics: Meet the Tech Top 50 ‘Business Accomplishment’ Honoree

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TT50 Business Accomplishment

The MassTLC Tech Top 50 celebrates tech companies and leaders across the region who have made a significant impact in the community during the past 12 month. This year, we are excited to recognize winners across 8 categories: Best Pivot to Meet the New World, Business Accomplishment, Company Culture, Inclusivity Impact, Leadership, New Company of the Year, Tech for Good: Social Responsibility, and Tech to Watch.

Forty-nine honorees were chosen across these categories, with the final recognition, the Mosaic Award, given to Chevalier “Chevy” Cleaves, Chief Diversity and Inclusion Officer of MIT Lincoln Laboratory, for his work creating access and opportunity for future leaders. View the full list of winners, here.

Over the course of the next few weeks, we’ll be sharing more about each of the recipients to spotlight their accomplishments and their impact on customers, partners, employees, and the broader community.

Today, meet MassRobotics, one of this year’s honorees for Business Accomplishment.

 

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What are the accomplishment(s) that led to your Tech Top 50 recognition?

In Dec 2019 we housed 38 resident startups in our shared innovation space with a ribbon cutting for an additional 25,000 square feet in January 2020 – we grew to 60+ startups throughout 2020 and currently host over 65 resident startups.  Through 2020 our startups raised over $100M in funding and 2 startups were acquired for a combined $80M.

What impact did these accomplishments have on your company, customers, partners, etc.?

With the growth of resident startup companies sharing the space, we’ve hired 3 additional employees (nearly doubling our staff – we are quite lean) and attracted several new partners.  Potential customers for our startup residents are seeking MassRobotics residents to provide solutions to their challenges in industries including manufacturing, construction, and defense.

What does it mean to be recognized with the other Tech Top 50 honorees?

We’re honored to be recognized with the other companies, helping grow the tech sector in Massachusetts and have Massachusetts recognized as the epicenter and HUB for robotics worldwide.

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Learn more about the Tech Top 50 and meet all the winners, here.