May 24, 2018
Abstract Joins Global Network of Startups
Cambridge, MA - Abstract, LLC, which helps manufacturers discover the hidden factory with its sensor retrofit and analytics platform, announced today that it has been invited to participate in the 2018 MassChallenge Boston accelerator program. Selected from more than 1,600 promising startups across industries and regions around the world, Abstract will join the most competitive cohort to date.
“We’re honored to join the MassChallenge 2018 class and we’re excited for the opportunity to grow alongside 127 talented teams,” said Abstract CEO Harrison Bralower. “As one of the winners of the 2014 MassChallenge with SQZ Biotechnologies, I’ve seen firsthand the value of the programming, resources, and community that MassChallenge creates for its startups. We want to change how manufacturers run their factories and MassChallenge will be a valuable partner in helping us realize our vision.”
As part of the 2018 cohort, Abstract will have unrivaled access to top corporate partners, expert mentorship, tailored curriculum, scholarship opportunities, and more than 26,000 square-feet of co-working space in the Innovation and Design Building – all at zero cost and for zero equity. At the culmination of the four-month program, Abstract will also have a chance to compete for shares of $1.5M in cash prizes at the MassChallenge Awards on October 17.
Abstract is developing the only low-cost, non-invasive factory monitoring platform that works with any manufacturing process. They help manufacturers understand the hidden factory - all the unreported activities in a manufacturing operation that do not add value and prevent teams from meeting production goals. Abstract focuses on collecting and using operations data that cannot be acquired directly from machinery and business software. Their goal is to understand how people, processes, and machines interact to identify process changes that can increase factory profitability.
Abstract is a Cambridge, MA startup whose mission is to sustainably scale manufacturing. It is led by co-founders Harrison Bralower (CEO) and Paul Weaver (CTO), who have a combined 10 years experience in complex hardware system development and global supply chain analytics. The founders believe that investment in discovering the hidden factory is necessary to enable worldwide workforce development and environmental justice. Visit https://abstractmfg.com to learn more about Abstract and its technology.
MassChallenge is a global network of zero-equity startup accelerators. Headquartered in the United States with locations in Boston, Israel, Mexico, Rhode Island, Switzerland, Texas, and the UK, MassChallenge is committed to strengthening the global innovation ecosystem by supporting high-potential early stage startups across all industries, from anywhere in the world. To date, more than 1,500 MassChallenge alumni have raised more than $3 billion in funding, generated over $2 billion in revenue, and created over 80,000 total jobs. Learn more about MassChallenge at masschallenge.org.
Abstract Media Contact:
Harrison Bralower, CEO