Pure Incubation creates, nurtures and launches marketing technology that drive sales growth for businesses across a variety of industries. Leveraging decades of experience in B2B demand generation and content marketing, Pure Incubation builds profitable subsidiaries by combining established and emerging technologies to create innovative services that deliver business value. Pure Incubation has launched multiple entities – MedData Group, PureB2B, Prospect One and Demand Science. The company, based in Topsfield, MA, is continually developing new strategies and technologies to amplify the marketing capabilities of the world’s leading businesses. For four consecutive years, Pure Incubation has been recognized on the Inc. 5000 list for fastest-growing small and mid-size companies in the US. Pure Incubation was also recognized by the Boston Business Journal on their Fast 50 list in 2017. MCRC provided growth capital to fund the expansion of the company’s technology and service offerings.
Founded in 2003, Needham-based BigBelly Solar applies proprietary energy management technology to develop and sell innovative energy efficient products. The Company’s first product is the BigBelly Solar Compactor, the world’s first and only solar powered trash receptacle capable of automatically compacting waste. The BigBelly is a trash can sized, solar powered, automatic waste compactor designed to replace or supplement standard outdoor cans at high traffic, high trash volume public sites. The unit takes up as much space as the “footprint” of an ordinary receptacle, but its capacity is five times greater. Increased capacity reduces collection trips and can cut fuel use and greenhouse gas emissions by 80%. MCRC invested to support the rapid growth of the Company.
Co-founded by MIT professor Dr. Richard Thornton in 1996, MagneMotion provides assembly automation, material handling, and transportation solutions based on advanced electro-magnetic technology and controls. At the core of MagneMotion’s products and services is a new generation of linear synchronous motor (LSM) technology that provides significantly higher performance than conventional transportation and factory automation systems. MagneMotion has proven to be the front-runner in providing innovative and cost-effective linear motor solutions sought by industry leaders in the transportation and manufacturing sectors and by government agencies such as the DOT, DOE, DOD and NASA. MagneMotion holds patents and has special expertise in motor and magnet array design and fabrication; position sensing, communication, and control for linear synchronous motors; as well as propulsion, levitation, guidance and switching for maglev and wheel-based transport systems. MCRCs investment was designed to assist in the commercialization of this exciting technology. Magnemotion was recently sold to Rockwell Automation.
For more than 10 years, MedTouch has been an online strategy and technology partner for the best brands in healthcare. With a national client base of hospitals, health plans and integrated delivery networks, MedTouch builds integrated digital strategy and technology solutions to acquire patients and members, provide successful user experiences, and build healthcare specific online strategies on a world class web-based platform. MedTouch has five locations across the U.S. and was named to the Inc. 500 | 5000 in 2013 and 2014, an annual list of the fastest growing private companies. MCRC’s subordinated note investment, along with a minority investment by Pleasant Bay Capital Partners, was used to accelerate product development and service line growth for clients and their future projects.
Network Allies is a leader in providing application-specific computing solutions, including system integration, design and engineering, logistics and support, and program management services enabling Original Equipment Manufacturers (OEMs) and Independent Software Vendors (ISVs) to focus on their core competencies. The company has manufacturing facilities and offices in Massachusetts and Georgia and additional sales offices in Florida and Illinois. MCRC’s subordinate note investment was used to finance an acquisition.
Xtalic works with industry-leading companies to find solutions to ensure durability and performance of their products as it relates to electrical connectivity. Through research and development, the Company has created three proprietary alloys that remove the need for and/or reduces the amount of precious metals typically founded in electrical connectors. Xtalic’s alloys increase the wear capabilities of the connector by removing the need for nickel, a softer metal, allowing for greater product longevity. MCRC’s investment was done in conjunction with an equity injection from existing investors, Matrix Partners and North Bridge Venture Partners.