Harvard Innovation Labs
125 Western Avenue, Allston, MA, 02134, United States
Overview
The Harvard Innovation Labs are a vibrant, cross-disciplinary ecosystem for the Harvard community to explore innovation and entrepreneurship while building deeper connections. It is an excellent example of the One Harvard vision and a leading catalyst for the Allston Science and Enterprise District. The Harvard Innovation Labs began in 2011 with the opening of the i-lab, expanded in 2014 when the Launch Lab opened its doors, and will continue to grow in both breadth and depth with future resources, including the Life Lab which comes online in 2016 (projected).
- Total investments
- 1
- Lead investments
- 0
- Investments · 12mo
- 0
- Active investors
- 8
Sector focus
- EdTech
- Education
Investment portfolio
- MittiLabs
Participated · Equity · Jul 2024
Mitti Labs combines SAR satellite imagery, proprietary field datasets, and AI to create digital twins of individual rice fields that monitor crop conditions, water use, and methane emissions. Since launching its first programs in 2023, the startup grew from working with about 8,000 farmers in its first season to more than 100,000 in the following season and now employs over 150 people. Mitti Labs generates revenue from carbon credits and its GeoAI platform and counts customers such as carbon marketplace Cool Effect, rice producer Ebro Foods, and Syngenta. The company says its programs enable farmers to cut water use by about 40% and reduce methane emissions by more than 50% without affecting yields while creating additional income through carbon credits. With the new funding, Mitti Labs plans to expand into the Philippines later in the year and to Indonesia and other Southeast Asian markets in 2027 to serve compliance carbon markets and broaden its data generation across different ecosystems.