Rocket Propulsion Systems has graduated from the Endless Frontier Labs 2023-2024 cohort – one of 49 ground-breaking companies! It has been an incredible journey working alongside EFL mentors, NYU Stern MBA students, and the rest of the companies selected for the Deep Tech track.
Endless Frontier Labs (EFL), a program for early-stage science and technology-based startups at New York University Stern School of Business, is structured to optimize each startup’s chance of scaling into a successful company through a goals-based mentoring process. EFL mentors are experienced entrepreneurs who have built and exited successful companies, world-renowned scientists and technical experts, and well-known venture capital and angel investors.
Over nine months, EFL mentors work with admitted founders to set goals for the startups to accomplish and act as an informal advisory board to guide founders on how best to scale their businesses. Startups making progress are able to attract financing from investors in the program.
Consistent with its mission as a non-profit, EFL is a founders-first program and charges no equity or fees from participating startups. No NYU affiliation or relocation to NYC is required to participate. The program is appropriate for founders from around the world seeking deep connections to the thriving New York ecosystem or U.S. markets.
“Our mission is to bridge the gap between science and markets. We believe business strategy, validation by scientific peers, and connections to investors are critical for the successful commercialization of scientific breakthroughs. To that end, EFL provides founders access to an unparalleled network of business coaches, scientists, investors, and Stern MBA students to help transform their ideas into high-growth businesses,” said NYU Stern Professor Deepak Hegde, Founding Director of EFL.
More About EFL
Endless Frontier Labs (EFL) is a nine-month program at NYU Stern for early stage science- and technology-based startups. The program admits seed-stage startups from across the world (no NYU affiliation required). At the EFL, participating startups receive mentorship from an elite group of mentors, including successful entrepreneurs, investors, and scientists. EFL is free to all startups and does not take equity from participants. EFL graduate companies include Immunai, which is developing technology to reprogram the immune system for better detection and diagnosis of dreaded diseases; Shiru, which leverages precision biology to identify functional and nutritious protein ingredients to promote sustainable food production; Kintsugi, which is using voice biomarkers to detect mental disorders early; Stratyfy, whose proprietary machine learning products enables superior financial decisions while minimizing risk and mitigating bias; and C2i Genomics, a company that is transforming cancer diagnosis and treatment, among many others. From 2019-2023, 183 companies have graduated from the EFL. Of those graduates, 109 have collectively raised more than $1.7 billion in capital to fuel their ambitious missions.
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