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Corporate Suffolk Technologies Hosts Boost Program ‘Demo Day’ Boston – Suffolk Technologies, the venture capital and technology investment arm of real estate and construction enterprise Suffolk, recently hosted its 2nd annual Boost Demo Day at its headquarters in Roxbury. Suffolk Technologies selected six startup finalists from more than 100 applicants, 20% more applicants than last year. The startups collaborated with Suffolk operational experts, consultants, industry leaders and academics to fine tune their cutting-edge solutions and showcase them to potential investors on Demo Day. The Boost program is an intense six-week program that brings together promising technology startup founders committed to addressing construction industry challenges, expanding their networks and raising funding for future growth. Applications for the 2021 program included startups offering solutions across the product development stages, with an emphasis on green building, robotics, design, supply chain, marketplace and fintech spaces. The finalists included WINT – Water Intelligence, Soil Connect, NYFTY, Felux, Moxion, and Rugged Robotics.
Parker Mundt, operating director of Suffolk Technologies, kicks off activities at Boost Program Demo Day.
“We take tremendous pride in offering a program designed to accelerate innovation and growth in the construction industry, an industry that can oftentimes be slow to evolve. We have been excited to work alongside these entrepreneurial innovators and our program partners to solve the industry’s greatest challenges and introduce more productivity and efficiency gains to the built world,” said
Parker Mundt, operating director of Suffolk Technologies. Suffolk Technologies partnered with the Massachusetts Institute of Technology (MIT) Center for Real Estate, Bain Capital Ventures, RXR Realty, Liberty Mutual Insurance, HILTI, Ninefour Ventures, Romulus Capital, Procore Technologies, EquipmentShare and OpenSpace. Leaders from these organizations participated in brainstorm sessions and discussions with the startups and most have plans to invest in the companies. “The Boost
program was instrumental to WINT’s growth plans. We had unwavering support from the program partners and Suffolk’s operational teams, and the rigorous and structured Boost programming allowed us to be very effective and more efficient in just six weeks. Having completed this program, we are excited to grow our operation and drive the reduction of water damage on projects throughout the country. I recommend this program to other founders in the construction tech space who want to make their dream for an innovative solution a reality,” said Alon Geva, CEO of WINT. The Boost program consisted of lectures and panel discussions driven by Suffolk leaders, MIT professors and Suffolk Technologies portfolio company founders; dedicated time with the Suffolk CoLab Construction Solution Directors who will partner with the finalists and potentially test their solutions on Suffolk project sites; and Demo Day that allows finalists to share their solutions with industry influencers and investors. Boost Demo Day finalists from last year collectively raised more than $100 million in capital to accelerate their growth plans.
STRUCTURAL STEEL FABRICATOR
Mass. Firm Celebrates Anniversary Boston – DPS Group, a privately-owned global consulting, engineering, and construction management company serving high-tech industries around the world, celebrated its 10th anniversary in the U.S. this past year. LOOKING FOR PEACE OF MIND? Founded in 1974 in Dublin, Ireland to service the country’s burgeoning LET NORGATE TAKE CARE OF IT! pharmaceutical sector, DPS Group opened its first office in the U.S. in 2011 with a staff of less than 10 based in We will serve you the best. Framingham, Mass. The company has since grown its U.S. presence to over 900 We will meet our commitments. employees across eight offices all across We will provide competitive pricing. the U.S. “Our approach has always been to take You will benefit from the expertise of our knowledgable staff. care of our clients and serve their needs first,” said Aidan O’Dwyer, president of Visit us at www.norgatemetal.com U.S. project operations. “We are excited about the future and look forward to for more information. partnering with our clients to bring cutting-edge discoveries to market.” 791, 8e Rue, La Guadeloupe QC GOM 1G0, Canada Within the life sciences sector there | has been a significant focus in recent T : 418 459-6988 F : 418 459-3493 years on designing facilities for novel therapies, including mRNA, microbiome, oligonucleotide, cell, and gene therapy, NORGATEMETAL.COM requiring DPS to respond in terms of facility design, construction, regulatory 791, 8 e Rue, La Guadeloupe QC GOM 1G0, Canada • 418.459.6988 compliance, and licensing requirements.
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DPS Group
“Covid-19 has been a really tough period for everyone, and DPS is fortunate to be able to play a small part in the fight against the pandemic,” said O’Dwyer. “In the life sciences sector, DPS has supported 16 COVID-related projects ranging from vaccines and therapeutics to diagnostic tests, while in the semiconductor sector we executed numerous projects in response to the global shortage of microchips.” Representatives of the firm say DPS has a commitment to its clients and deep connections to the communities they serve. Through scholarships, donation drives, financial contributions, sponsorships, and the time and effort of employees, each DPS office immerses itself in actions that support their localities.
