Newlab and Leading Innovation Institutions Partner to Support Entrepreneurs
A roster of university programs, accelerators, and venture capital firms will enable entrepreneurs, engineers, and inventors applying transformative technology to things that matter to build businesses of the future in Brooklyn
Brooklyn, N.Y. (March 8, 2021)—Newlab, a community of experts and innovators applying transformative technology to the world’s biggest challenges, announced that it has established partnerships with leading organizations to continue to support entrepreneurs at its headquarters in Brooklyn. Newlab is partnering with the Jacobs Technion-Cornell Institute at Cornell Tech; SecondMuse; AlleyCorp; URBAN-X; and Venture Catalysts, in addition to committing to advancing collaboration and instructional sharing with Columbia Entrepreneurship, Innovation, and Design; and the MIT NYC Startup Studio.
Since opening in 2016, Newlab has attracted companies from New York’s universities, incubators, venture capital firms, and various entrepreneurial programs. The Newlab member community consists of over 800 entrepreneurs, including material scientists, roboticists, computer vision experts, and data scientists building the future. Now, Newlab has strengthened its relationships with these partners and collaborators to further develop the New York technology and entrepreneur community.
Newlab will actively work with the organizations to identify teams that may benefit from its member community to collaborate, prototype, and apply transformative technology to systemic challenges. The enhanced relationships will also benefit New York’s entrepreneurs, providing greater access to diverse sources of funding, mentorship, and product realization and manufacturing support. Leaders from each of the organizations will provide guidance to Newlab member companies and participate in public events and programming on topics to strengthen and educate the entrepreneurial community.
“The New York City entrepreneur ecosystem is a thriving center of innovation, with some of the world’s top experts, engineers and inventors convening here to collaboratively apply transformative technology to the world’s biggest challenges,” said Lynn Fischer, CMO of Newlab. “Newlab has long cultivated relationships with leading institutions in the City’s entrepreneur community. This close collaboration will not only bring more talented companies to Newlab, it will help our collective efforts to strengthen New York’s innovation ecosystem and provide support to the brilliant entrepreneurs in this City.”
The announcement follows years of strong informal relationships between Newlab and the organizations, which have already resulted in new members sourced from the organizations joining and continuing to rapidly grow as part of the Newlab community. Several notable examples of the companies that have participated in programs led by the other organizations before joining the Newlab community include:
- Numina: A provider of privacy-first technologies to measure curb-level activity of pedestrians, cyclists, vehicles, trash, and more.
- Partsimony: A company building the future cognitive manufacturing supply chain.
- Tarform: Creating a new breed of electric motorcycles.
- Farmshelf: The leading provider of smart hydroponic indoor farms.
- RoadPower Systems: Making roadways more sustainable and intelligent by recovering kinetic energy from passing vehicles and converting it into clean electricity.
- Voltaic Systems: A full-service provider of remote charging solutions.
The organizations collaborating with Newlab to bring more entrepreneurs and innovators to New York City include the Jacobs Technion-Cornell Institute at Cornell Tech, which fosters radical experimentation at the intersection of research, education, and entrepreneurship; Columbia Entrepreneurship, Innovation, and Design, dedicated to supporting the entrepreneurial talent of Columbia University’s students, faculty and alumni; SecondMuse, an impact and innovation company that builds resilient economies by supporting entrepreneurs and the ecosystems around them; AlleyCorp, serial entrepreneur Kevin Ryan’s incubator and venture capital fund, which is responsible for founding some of the most iconic tech companies in New York including MongoDB, GILT, Business Insider, Zola, and Nomad Health; URBAN-X, the leading accelerator for startups reimagining city life built by MINI and Urban Us; MIT NYC Startup Studio, which houses an educational accelerator for MIT student entrepreneurs looking to accelerate their growth in building viable, sustainable ventures within the NYC ecosystem; and Venture Catalysts, an ecosystem development group focusing on programming, funding, strategy, and business development for entrepreneurs.