Recent News


CHAMPAIGN -- Illinois investors shared future goals and challenges of AgTech in ChicagoInno. Serra Ventures, a Research Park tenant, was featured as an AgTech investor.


CHAMPAIGN – Paul Wood of the News Gazette highlighted Julian Sanchez of John Deere in the Wired In column this week. The Wired In column is meant to spotlight a local high tech leader – often a startup from Research Park.

CATEGORY: Enterpriseworks

CHAMPAIGN – A recent survey conducted at the Research Park puts the employment total to 1,766. 618 of those employees are student interns, of which 57% are undergraduates and 43% are graduate students.

TENANT: Rithmio | CATEGORY: Enterpriseworks

CHAMPAIGN – Crain’s Chicago Business, one of Chicago’s leading business journals, recently announced their sixth iteration of their Tech 50 list. Their annual lists (and the full 230-person archive) are meant to highlight standouts in Chicago’s ever expanding tech scene. Adam Tilton is one of them.

CATEGORY: Enterpriseworks

CHAMPAIGN – The Big Ten Network highlighted the work and progress made by Amber Ag, a participant in the I-Venture Accelerator Program. Amber Ag was the 2016 Cozad Grand Prize winner and brought home over $30,000 in award funds.

The Big Ten write-up focused on their product, how it came to be, and where the company is going next. Their product, a moisture sensor for grain silos, is intended to save farmers tens of thousands of dollars each season.

CATEGORY: Enterpriseworks

CHAMPAIGN – Fox News (WCCU) took some time this past week to sit down with students participating in the I-Venture Accelerator Program. The program, launched in the Summer of 2015, is designed to support teams of students through the process of starting their own company based on a product or idea they have had. The program provides stipends, funding, expert support, and working space. Space in Research Park is available for use for iVenture recipients.


CHAMPAIGN – In his weekly column, Paul Wood of the News Gazette highlighted Stephen Cheng of ExoWear. The Wired In column is meant to spotlight a local high tech leader – often a startup from Research Park.


CHAMPAIGN – The Champaign City Council has agreed to give preliminary approval to at an additional $500,000 to an incentive agreement now up to $3.5 million. The incentives to Research Park are in the form of tax breaks over a 15 year period.

TENANT: Veriflow Systems | CATEGORY: Enterpriseworks

CHAMPAIGN – Veriflow Systems, an EnterpriseWorks tenant, has announced that they have raised $8.2 million in Series A funding. The fundraising effort was led by Menlo Ventures, and follows the nearly $3 million effort in April.

Veriflow Systems develops an online network security software. They use verification technology to help protect networks against hackers and outages. Veriflow plans on using the funds to hire more engineers, work on its sales force, and boost their marketing across the industry.

TENANT: Intelliwheels | CATEGORY: Enterpriseworks

CHAMPAIGN – On Sunday, July 3, Josh George was named as one of the Paralympians to represent Team USA in Rio de Janeiro, Brazil.