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Technology

Our Technology investments demonstrate that the tradition of technology innovation is alive in Massachusetts.  These companies have introduced products and services ranging from unique applications of solar and electro-magnetic technologies to the delivery of world class technology products and services. A few of our portfolio companies are profiled below.

BigBelly Solar

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.

Visit Website: www.bigbellysolar.com

MagneMotion

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. Mass. Capital’s investment was designed to assist in the commercialization of this exciting technology.

Visit Website: www.magnemotion.com

NWN Corporation

NWN is one of the fastest growing IT systems solution and integration companies in America, taking first place in CRN magazine’s 2008 Fast Growth 100 list.  The company provides clients with a complete range of end-to-end IT services and solutions. It partners with leading technology innovators and suppliers to bring their best technologies to the middle market.  NWN has earned the highest certifications possible with Cisco, HP and Microsoft and is nationally managed by these companies.  Clients include private and public sector organizations including banks, universities, manufacturers, hospitals, and state and local government agencies.  Headquartered in Waltham, the company has approximately 300 employees with professionals based in seven locations on the East Coast and in Houston. Mass. Capital invested in NWN to support its rapid growth.

Visit Website: www.nwnit.com