MassChallenge awards $1 million in cash prizes to 16 top startup companies

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MassChallenge, the world’s most startup-friendly accelerator, awarded $1 million in cash prizes to 16 of the highest-impact startups from the 2017 Boston accelerator, its most competitive program to date.

In addition, CASIS & Boeing also allocated $500,000 to three startups from the cohort to fund research projects on the International Space Station.

During the ceremony, MassChallenge awarded $100,000 prizes to each of four of the “highest-impact” companies from its 2017 class. Here are the $100K Diamond Winners:

CozyKin Massachusetts | High Tech | Creates the sharing economy for childcare by matching local families together and placing them with Montessori-trained nannies in in-home nanny shares.

OffGridBox Massachusetts | Energy/Clean Tech | Creates a modular and compact unit that provides renewable energy and treated water in remote areas.

Pykus Therapeutics Massachusetts | Healthcare/Life Sciences | Develops a dissolvable intraocular device to make retinal surgery less painful and more successful.

Vence California | General/Retail/Consumer Goods | Increases revenues, eliminates fencing costs/capex, and reduces labor expenses for livestock farmers.

See full list of winners here.

According to its website, “MassChallenge is the most startup-friendly accelerator on the planet. No equity and not-for-profit, we are obsessed with helping entrepreneurs from all backgrounds, industries, and regions around the world. We also reward the highest-impact startups through a competition to win a portion of several million dollars in equity-free cash awards. Through our global network of accelerators in Boston, Israel, Mexico, Switzerland, Texas, and the UK; and unrivaled access to our corporate partners, we can have a massive impact – driving growth and creating value the world over. To date, 1,211 MassChallenge alumni have raised over $2 billion in funding, generated approximately $900 million in revenue, and created over 65,000 total jobs. For more information, please visit masschallenge.org.”