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Katie Rae

Managing Partner at Engine Ventures

Cambridge, Massachusetts

Overview 

Katie Rae is the CEO and Managing Partner at Engine Ventures in Cambridge, Massachusetts, with a background in entrepreneurship, strategic partnerships, and venture capital. Highlights of her career include founding Startup Institute and serving as Managing Director at TechStars, while her current role involves investing in startups across various sectors and stages, focusing on ClimateTech/CleanTech, Health IT, and SaaS among others.

Work Experience 

  • Board Member

    2024 - Current

  • CEO and Managing Partner

    2017

  • Board Member

    2023

  • Board Member

    2021

Sublime Systems develops technology to decarbonize cement-making.

Raised $115,000,000.00 from Holcim and CRH Ventures.

  • Board Member

    2018

Boston Metal develops Molten Oxide Electrolysis (MOE), an electric-powered tech to decarbonize steelmaking and transform metal production.

Raised $352,746,978.00 from Marunouchi Innovation Partners, Baillie Gifford, Microsoft Climate Innovation Fund, Breakthrough Energy Ventures, BHP Ventures, Aramco Ventures, M&G Investments, Goehring & Rozencwajg Associates, Prelude Ventures and International Finance Corporation.

  • Board Member

    2017

Form Energy develops and commercializes low-cost battery systems to support renewable electric grids.

Raised $1,517,765,461.00 from Capricorn Investment Group, GE Vernova, Gigascale Capital, TPG Rise Climate Fund, T. Rowe Price, Breakthrough Energy Ventures, Temasek Holdings, NGP Energy Technology Partners, Energy Impact Partners and GIC.

  • Board Member

    2017 - 2024

    The Engine Accelerator supports Tough Tech teams who are working to solve the world’s toughest challenges through the convergence of science and engineering. We curate comprehensive programs, provide access to specialized infrastructure including labs, equipment, tools, and workspace as well as convene the ecosystem necessary to build transformative technologies from idea to impact.

  • CEO and Managing Partner

    2017 - 2023

    The Engine is a venture firm investing in the next generation of Tough Tech: a transformative and broad approach applying cutting edge technology to solve challenges in human health, climate change, and advanced systems and infrastructure. By transforming the foundations of industry, we unlock massive opportunities for a more sustainable, resilient world.

  • Managing Director

    2014 - 2017

    Pre-seed venture fund investing in tech-driven startups.

  • Chairman, Techstars Boston

    2014 - 2017

  • Managing Director

    2010 - 2014

Techstars is an accelerator that provides pre-seed investment and mentoring for various early stage startups.

Raised $108,919,999.00 from SVB Financial Group and Foundry Group.

Education 

Articles About Katie

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