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2016 PORTFOLIO COMPANY SUCCESS
XTB Laboratories won Larta Institute’s
first “Ideas, energized” $10k prize at
Ag Innovation Showcase
COMPANY ACQUISITIONS AND IPOS
Gliimpse was acquired by Apple
Avalon Biomed was acquired by NuSmile
Arbsource was acquired by MICROrganic
Catwalk 15 was acquired by
Greppy Systems
Pulse BioScience raised $20M in initial
public offering, with additional gross
proceeds of over $3M
Senestech raised $15M in their initial
public offering
COMPANY FUNDING AND PARTNERSHIPS
Ginkgo Bioworks secured $100M to expand
its synthetic DNA bank by 600 base pairs,
becoming the largest amount of synthetic
DNA ever purchased
Tioma Therapeutics raised $86M in Series
A funding
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2016 PORTFOLIO COMPANY SUCCESS
KUDOS AND AWARDS FOR OUR PORTFOLIO COMPANIES
ConsortiEX, Inc. launched a $3.1M equity
funding round
Altex Technologies Corp., Physical
Sciences, Inc., Amethyst Research,
Inc., Sporian Microsystems, Inc.,
and TDA Research, Inc., all received
$1M in funding from DOE
Opus 12, Inc. won the Global Change
the World Competition for for-profit
entrepreneurs at the Forbes 30 under
30 Summit
Alba-Technic was featured on WGME
CBS 13 News, Portland
Micronic Technologies was 1 of 4
companies selected in an Open
Innovation Challenge led by General
Electric and Statoil of Norway
ZeroUI was named a finalist for Best
of Show at Consumer Electronics
Show, and named #1 pick among Best
Robotics for Kids
Agrivida completed initial close of over
$20M in Series E funding to advance
patented GRAINZYME®
WholeTrees LLC raised $950k
of equity funding
California Safe Soil raised $5.9M on Ag
Funder to finance a full-scale commercial
production facility
Awarables received $500k in funding
from the Abell Foundation and moved
the company to Baltimore
Ocean Renewable Power Company (ORPC)
received $5.35M in funding from DOE
Cardiovate, Inc. raised $350k from
angel investors
Abililife was a finalist in Pittsburgh’s
Invest Her Pitch competition
Continuus Pharmaceuticals won $4.4M
contract with US FDA
Modular Genetics, Inc. was awarded
the $100,000 MassVentures grant
Ecovative Design raised $4M from
existing investors and rang the
NASDAQ closing bell
MBio Diagnostics, Inc. announced a development collaboration with Cincinnati
Children’s Hospital Medical Center
Uniqarta from North Dakota State
University was named one of the “Best
University Startups 2016” by the National
Council of Entrepreneurial Tech Transfer
Bitwater Farms was showcased as
a startup finalist at SXSW Eco, and
opened R&D center in North Carolina
Metal Fatigue Solutions was awarded
with the Charles N Sherlock Meritorious
Award from the American Society for
Nondestructive Testing
KNOX Medical Diagnostics was featured
in California Magazine
Ayar Labs featured in Barron’s
Collaborative Drug Discovery was
nominated for the Patrick Soon-Shiong
Innovation Award
SAFI-Tech, LLC won “Best Technical
Development Materials” award at the
IDTechEx Printed Electronics USDA
conference
Avalon Biomed's CEO was interviewed by
Kathy Ireland on Fox Worldwide Business,
and won the 2016 Shils-Meskin Award for
making a positive influence in the dental
community and public oral health
Arable Labs, Inc. founder penned an
article for Devex
Stony Creek Colors was featured in
The Tennessean, and was selected
as an honoree for the Martha Stewart
“American Made” program
Battery Resourcers, LLC and CoolComposites, Inc, were both named as two
of MassChallenge’s Top 26 Startups
for 2016, and Cool Composites also
won the $50k Gold Prize
UbiQD, LLC won Green Technology
Special Recognition award at the R&D
100 Awards
ZeroUI made the list as one of 2016 coolest gadgets for CES, CTV News Canada,
ZDNet, CE, and 7 Days, and launched
their robotics kits on Indiegogo
Symme3D represented Romania at the
Pan-European UberPITCH Challenge,
where startups present their ideas to
investors in the backseat of an Uber car
WholeTrees won Grand Prize of the
Barrett Foundation Challenge
Smart Walls Construction, LLC was
featured in Electronic Component News
magazine
Ag related women-led businesses Mango
Materials, Micronic Technologies, Stony
Creek Colors, and Whole Trees were
featured in a Forbes story
Axosuits was featured in TechCrunch
in an article on Romania’s Silicon Valley
Blue River Technology was featured in
Business Insider's “7 robots that are replacing farm workers around the world”
Phyllotech founder received Lifetime
Achievement Award from University
of Kentucky
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