DropWise is honored to be part of the first TiE ScaleUp Accelerator cohort. As one of 15 companies selected for the launch of the ScaleUp program, DropWise will be connected to local entrepreneurs and investors to help build our company.
DropWise Technologies Corp., which provides novel, advanced technical coatings for industrial processes, today announced a joint-development agreement with Henkel Corporation, a leader in providing metal surface treatments, adhesives, and sealants worldwide.
FAST COMPANY - Power plants are the biggest source of carbon emissions, so even relatively small bumps in their efficiency can have significant impacts in addressing climate change. Take, for instance, the industrial coating developed by Dropwise Technologies. It's applied to one specific part of a plant. Yet it has the potential pollution-reducing benefits of thousands of solar panels and wind turbines.
Massachusetts Clean Energy Center (MassCEC) CEO Alicia Barton today announced $1.2 million in funding for 13 projects across the Commonwealth under a pair of programs aimed at promoting clean energy innovation in Massachusetts.
“Massachusetts is a hub for clean energy innovation and entrepreneurship and Massachusetts is home to at $10 billion clean energy industry that employs more than 80,000 workers,” said Barton. “These grants will help emerging companies and researchers hone the game-changing technologies that will tackle our energy challenges and create local jobs.”
MIT TECHNOLOGY REVIEW - Applying a novel coating to part of the machinery in power plants could significantly reduce carbon dioxide emissions. Applying it at just one coal plant would reduce yearly emissions as much as taking 4,000 cars off the road, says Kripa Varanasi, a professor of mechanical engineering at MIT who helped develop the new coating, which is being commercialized by a startup called DropWise.
BOSTON BUSINESS JOURNAL - Boston-based startup accelerator program MassChallenge awarded $1.75 million to 16 startups at its annual startup awards ceremony Wednesday evening. Several other startups were awarded additional funds as part of the program's sidecar prizes.