Solar energy startup Active Surfaces wins inaugural PITCH.nano competition

The inaugural PITCH.nano competition, hosted by MIT.nano’s hard technology accelerator START.nano, provided a platform for early-stage startups to present their innovations to MIT and Boston’s hard-tech startup ecosystem.

The grand prize winner was Active Surfaces, a startup generating renewable energy exactly where it is needed through lightweight, flexible solar cells. Active Surfaces aims to reimagine how photovoltaics are deployed in the built environment with its ultralight, peel-and-stick panels. Shiv Bhakta MBA ’24, SM ’24, CEO and co-founder, delivered the winning presentation to an audience of entrepreneurs, investors, startup incubators, and industry partners at PITCH.nano on September 30.

Active Surfaces received the grand prize of 25,000 nanoBucks—equivalent to $25,000—that can be spent at MIT.nano facilities.

“Why has MIT.nano chosen to embrace startup activity as much as we do?” asked Vladimir Bulović, MIT.nano faculty director, at the start of PITCH.nano. “We need to make sure that entrepreneurs can be born out of MIT and can take the next technical ideas developed in the lab out into the market, so they can make the next millions of jobs that the world needs.”

Bulović explained that the journey of a hard-tech entrepreneur takes at least 10 years and $100 million. By linking open tool facilities to startup needs, MIT.nano can make those first few years a little easier, helping more startups reach the scale-up stage.

“Getting VCs [venture capitalists] to invest in hard tech is challenging,” explained Joyce Wu SM ’00, PhD ’07, START.nano program manager. “Through START.nano, we provide discounted access to MIT.nano’s cleanrooms, characterization tools, and laboratories for startups to build their prototypes and attract investment earlier and with reduced spend. Our goal is to support the translation of fundamental research to real-world solutions in hard tech.”

In addition to discounted access to tools, START.nano helps early-stage companies become part of the MIT and Cambridge innovation network.

Inspired by the MIT 100K Competition, PITCH.nano was launched this year as a new opportunity to introduce hard-tech ventures to the investor and industry community. Twelve startups delivered presentations that were evaluated by a panel of four judges—venture capitalists and startup founders themselves.

“It is amazing to see the quality, diversity, and ingenuity of this inspiring group of startups,” said judge Brendan Smith PhD ’18, CEO of SiTration, a company that was part of the inaugural START.nano cohort. “Together, these founders are demonstrating the power of fundamental hard-tech innovation to solve the world’s greatest challenges in a way that is both scalable and profitable.”

The startups presenting at PITCH.nano spanned a wide range of focus areas:

– **Climate, Energy, and Materials:** Addis Energy, Copernic Catalysts, Daqus Energy, VioNano Innovations, Active Surfaces, and Metal Fuels
– **Life Sciences:** Acorn Genetics, Advanced Silicon Group, and BioSens8
– **Quantum and Photonics:** Qunett, nOhm Devices, and Brightlight Photonics

A common thread among these companies is their use of MIT.nano to advance their innovations.

“MIT.nano has been instrumental in compressing our time to market, especially as a company building a novel, physical product,” said Bhakta. “Access to world-class characterization tools normally out of reach for startups lets us validate scale-up much faster. The START.nano community accelerates problem-solving, and the nanoBucks award is directly supporting the development of our next prototypes headed to pilot.”

In addition to the grand prize, a 5,000 nanoBucks audience choice award went to Advanced Silicon Group, a startup developing a next-generation biosensor to improve testing in pharma and health tech.

Now in its fifth year, START.nano has supported 40 companies across diverse market areas including life sciences, clean tech, semiconductors, photonics, quantum, materials, and software. Fourteen START.nano companies have graduated from the program, proving its success in helping early-stage ventures progress from prototype to manufacturing.

“I believe MIT.nano has a fantastic opportunity here,” said judge Davide Marini, PhD ’03, co-founder and CEO of Inkbit, “to create the leading incubator for hard tech entrepreneurs worldwide.”
https://news.mit.edu/2025/active-surfaces-wins-inaugural-pitchnano-competition-1020

In 2016, she made gut-healthy drinks in her kitchen. 9 years on, she sold her soda brand to PepsiCo for $2 billion

In 2015, Allison Ellsworth was in her kitchen experimenting with different gut-healthy drink recipes, trying to make apple cider vinegar taste good. Little did she know that the concoctions she was mixing would eventually become a billion-dollar business.

Today, the 38-year-old is the co-founder of the prebiotic soda brand Poppi, which she started alongside her husband, Stephen Ellsworth. Almost a decade after her kitchen experiments, in May 2025, Ellsworth sold the business to PepsiCo for $1.95 billion. The deal includes $300 million in anticipated cash tax benefits for a net purchase price of $1.65 billion.

### Entrepreneur by Nature

Ellsworth has always been a hustler. “I just knew I never wanted to work for anyone. I was good at, like, hacking systems and… I always had this really great gift to be visionary [and] see through cracks,” Ellsworth told CNBC Make It.

While in college, she took a full year off to travel and still managed to graduate in four years. During her studies, she also worked several jobs where she figured out how to execute more efficiently than expected.

“I worked at a call center, and I learned really early working there, that if I did certain things, I could double, triple, 5x the sales of everybody else,” Ellsworth said.

### From Oil and Gas Research to Healthy Living

After college, Ellsworth spent years on the road working in oil and gas research. She traveled all around the United States by herself, which eventually began to weigh on her health.

“I did that for seven years, working all over the U.S. I’ve driven through every single state by myself, stayed in teeny, little towns and motels and ran huge, multi-million dollar projects in my 20s. It was crazy,” she said.

Since she was always on the road, she had trouble accessing nutritious food. “I felt ill. So my face started breaking out, my stomach was hurting. I was allergic to all sorts of different things,” she revealed.

### A Love for Apple Cider Vinegar

“I just fell in love with apple cider vinegar, and the way it made me feel, but I wanted to make it taste better,” said Allison Ellsworth, co-founder and Chief Brand Officer of Poppi.

Her passion for gut health and desire to create a tasty, healthful beverage ultimately led to the birth of Poppi—a brand that has transformed how people enjoy prebiotic soda.

For tips and tricks on success at work, managing your money, and living a healthier life, connect with our exclusive community on LinkedIn to network with experts and peers.
https://www.cnbc.com/2025/10/17/poppi-went-from-kitchen-experiment-to-2-billion-deal-with-pepsico.html

Westports, iPay88, RCX Group leaders to speak at Entrepreneurs Summit VI

The Entrepreneurs Summit VI is set to return on 2 October 2025 in Kuala Lumpur as Malaysia’s leading one-day platform that brings together entrepreneurs, corporates, investors, and government representatives to accelerate collaboration, capital, and growth.

### Spotlight on Founder Journeys and Growth Strategies

The summit will highlight founder journeys, practical growth strategies, and high-level networking opportunities designed to drive innovation across industries. Supported by media partner *The Rakyat Post* and community partner Next Up Asia, the event features keynote addresses and interactive panel discussions focused on the real challenges and opportunities involved in building high-growth businesses.

### Key Sessions and Topics

Sessions will explore a range of insightful topics, including:

– Founder journeys to global scale
– A Solarvest case study
– The hidden truths of entrepreneurship
– Data-backed failure vs. scale analysis
– Innovation versus execution
– Government partnership strategies
– Corporate co-founding models
– 2025 investor trends
– Sector forecasts for biotech, fintech, and digital commerce

### Esteemed Speaker Line-Up

This year’s speaker line-up includes prominent business leaders and ecosystem builders such as:

– Ruben Emir Gnanalingam, Executive Chairman, Westports Holdings
– Kent Chua, CEO, RCX Group
– Chan Kok Long, Co-founder of iPay88 & Group CEO, Carehaus Sdn Bhd
– Arieff Aaron Abudullah, Director, Invest Selangor Berhad
– Ben Lim, CEO & Founder, NEXEA

### Insights from Industry Leaders

Kent Chua, CEO of RCX Group, emphasizes the abundant talent, capital, and ideas already present in Malaysia:
“Too often we hear founders complain about the ecosystem—funding, policy, competition. The truth is, Malaysia already has the talent, capital, and ideas. What matters now is whether founders stop making excuses and start making moves. Entrepreneurs Summit VI gives you the tools, but what you build with it is on you. Winners turn insights into action; losers just keep talking.”

Chan Kok Long, co-founder of iPay88 and Group CEO of Carehaus Sdn Bhd, adds:
“This summit brings together all the right players—startups, corporates, investors, and policymakers—under one roof. This is where collaborations are born and future industries are shaped. We believe Malaysia has all the ingredients to produce world-class entrepreneurs, and gatherings like this give founders the momentum, resources, and confidence to turn big ideas into global businesses.”

Ben Lim, CEO & founder of NEXEA, notes:
“NEXEA backs founders with capital and operational support; Entrepreneurs Summit VI multiplies that effect by creating focused opportunities to meet corporates, investors, and policy influencers. The panels deliver practical insights from leaders who’ve scaled businesses, and the networking is engineered to produce measurable outcomes—pilot conversations, advisory relationships, or investor follow-ups.”

### Anticipated Impact and Attendance

The Entrepreneurs Summit VI expects over 1,000 leaders to attend, representing organizations with a combined revenue of up to US$2.2 billion (RM10 billion). This scale significantly increases the potential for meaningful commercial partnerships.

More than just a conference, the Entrepreneurs Summit VI serves as a catalyst for growth, innovation, and collaboration across Malaysia’s startup ecosystem. With its strong focus on founder stories, actionable growth strategies, and curated networking, the summit aims to accelerate entrepreneurs from idea to impact while positioning Malaysia as a regional hub for innovation.

Stay tuned for more updates and prepare to join a thriving community that is shaping the future of business in Malaysia and beyond.
https://www.digitalnewsasia.com/startups/westports-ipay88-rcx-group-leaders-speak-entrepreneurs-summit-vi

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