Powered by the MIT Innovation Initiative (MITii) and launched in October 2019, the MIT Proto Ventures program takes an entirely new approach to venture formation from within MIT. It oversees the accelerated emergence of new ventures along a full life cycle: from discovery of ideas and resources at MIT to exploration of the problem-solution space to a methodical de-risking process to helping build a “proto venture” with internal and external support that demonstrates the viability of the venture. Under the leadership of MITii Venture Builder Luis Ruben Soenksen PhD ’19,…