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MIT Solve

company

About

Solve is an initiative of MIT that advances lasting solutions from tech entrepreneurs to address the world's problems.

  • 11 - 50

Highlights

Total Funding Amount
$1.25M
Funding Rounds
1
Investors
1
Investments
1

Details

Last Funding Type
Grant
Last Funding Money Raised
$1.25M
Industries
Communities,Non Profit
Founded date
Jan 1, 2016
Number Of Employee
11 - 50
Operating Status
Active
Investor Type
Accelerate
Sub-Organizations
Solve Innovation Future

Solve is an initiative of the Massachusetts Institute of Technology (MIT) that advances lasting solutions from tech entrepreneurs to address the world's most pressing problems. Each year, Solve issues four Global Challenges to find the most promising solver teams who will drive transformational change. It then builds and convenes a community of leaders and changemakers to form partnerships these solver teams need to scale their impact.

Solve was born out of MIT in 2016, a natural offshoot of MIT’s commitment to open technological innovation, and its long commitment to actionable thought leadership in the public sphere.

Funding Rounds

Number of Funding Rounds
Total Funding Amount
1
$1.25M
MIT Solve has raised a total of $1.25M in funding over 2 rounds. Their latest funding was raised on May 1, 2019 from a Grant round.
Announced Date Round Money Raised Number of Investors Lead Investors Post Valuation
May 1, 2019 Grant $1.25M 1 — — Detail

Investments

Number of Investments
Number of Lead Investments
1
0
MIT Solve has made 1 investments. Their most recent investment was on Apr 30, 2020, when Queen of Raw raised $1M.
Date Company Name
Round Money Raised Industry Lead Investor
Apr 30, 2020 Queen of Raw
Seed $1M Blockchain —

Investors

Number of Lead Investors
Number of Investors
—
1
MIT Solve is funded by 1 investors. The Andan Foundation are the most recent investors.
Investor Name Lead Investor Funding Round
The Andan Foundation — Grant
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