PALO ALTO, USA – Arundo Analytics, a software company enabling advanced analytics in heavy industry, has been named to the MIT STEX25 by the Massachusetts Institute of Technology Startup Exchange (MIT STEX). The inclusion in this prestigious group enables Arundo to explore potential collaborations with the more than 200 member companies of the MIT Industrial Liaison Program (ILP), as well as deepen its relationships within the MIT community.
Arundo Founder, CEO and MIT alumnus Tor Jakob Ramsøy stated, “The startup ecosystem centered around MIT is world-class, and recognized as such in every country in which Arundo operates. We are honored to be included in the MIT STEX25 as several of our existing customers and partners are part of the MIT ILP, or led by MIT alumni. Being part of the MIT STEX25 will help us foster deeper ties with these customers, and build new connections with other ILP members.”
MIT STEX25 members are identified from among more than 1,000 MIT-connected startups as being particularly well-suited for industry collaboration, having proven themselves with early commercial success.
In 2016, Arundo graduated from Stanford University’s StartX accelerator program, and has subsequently received investment from the Stanford-StartX Fund.