October 2019

EnterpriseWorks Graduates News Recognition & Awards

EnterpriseWorks Graduate SNOOZ Raises $1.35 Million

SNOOZ, an EnterpriseWorks graduate, raised $1.35 million in a seed round led by Serra Ventures. Founded in 2015 by Matthew Snyder and Eli Lazar, SNOOZ  has developed a white noise machine designed to improve sleep. The product is designed for both the hospitality industry and at-home use.  Lazar is an alumus of the University of Illinois, where he studied Mechanical Science and Engineering. “As sleep has emerged as a key focus of the health and wellness space, we think we’re in a perfect position to help improve the bedroom environment for millions around the world. To that end, we’re thrilled to have the support and investment of Serra to help us accelerate our roadmap and continue spreading the good SNOOZ,” CEO and Co-founder Matthew Snyder said. Serra Ventures, located in downtown Champaign, is a venture capital firm that invests in technology companies and works alongside entrepreneurs to develop strategic business development plans. Several of its partners are Entrepreneurs-in-Residence at EnterpriseWorks. Read the original press release here.

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EnterpriseWorks Graduates Media Mentions News

Personify Named One of Crain’s Chicago’s Most Innovative Companies

EnterpriseWorks graduate Personify landed in the top 10 on Crain’s Chicago’s Most Innovative Companies list. The company was named number 4, but this isn’t the first time Personify has appeared on the Most Innovative Companies list. Crain’s Chicago Business named Personify tenth on the list in 2018. Personify was founded in 2009 by University of Illinois Professor Sanjay Patel and his colleagues Minh Do and Wen-mei Hwu. The company has developed advanced video technology that allows users to have an immersive video experience. Users can use Personify’s “virtual green screen” to blur video background or customize their background. Learn more about Personify’s technology here.

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Events News Partnerships & Acquisitions Research Park

Greenhouse Groundbreaking at the University of Illinois Research Park

Representatives from the University of Illinois at Urbana-Champaign and the Bill & Melinda Gates Foundation broke ground Wednesday, October 23 on a new, state-of-the-art greenhouse in the Research Park. The planned greenhouse will support a research project, “Realizing Increased Photosynthetic Efficiency” (RIPE) for sustainable increases in crop yield, led by Illinois researchers Steve Long and Don Ort. RIPE is funded by the Gates Foundation, the Foundation for Food and Agriculture Research, and the UK Government’s Department for International Development.     The greenhouse will be a modern plant phenotyping facility and joins a growing agtech cluster in the Research Park that includes major global seed companies, equipment manufacturers, retailers, and bioprocessing leaders. “The RIPE project is a spectacular example of the way Illinois is leading forward to sustainably feed our growing global population. Advancements in the digital agriculture space, including this phenotyping facility and our new Center for Digital Agriculture, are needed to make that goal a reality. We’re grateful to the Gates Foundation, as well as Drs. Long and Ort, for their commitment,” said Kim Kidwell, Dean of the College of Agricultural, Consumer and Environmental Sciences at Illinois.     Located on Fourth Street, just south of St. Mary’s Road, the building will be owned by the University of Illinois and operated by the College of ACES in collaboration with the Carl R. Woese Institute for Genomic Biology. Fox/Atkins Development will construct the greenhouse, with September 2020 as the projected completion date.

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EnterpriseWorks Features Graduates Media Mentions News

EnterpriseWorks Graduate Serionix Featured in NASA’s Spinoff

EnterpriseWorks graduate, Serionix was featured in the NASA’s 2019 Edition of Spinoff, an annual publication that features commerical technologies that have origins to NASA-backed research. Serionix was founded in 2011 by two Materials Science and Engineering PhD students at the University of Illinois Urbana-Champaign. While at EnterpriseWorks, Serionix was awarded multiple SBIR awards from the Johnson Space Center. These awards allowed the company to research and design filters for spacesuits and spacecrafts. However, this technology used to filter space can also be used in the home to improve indoor air quality and reduce pet odors. “All of the challenges that we have here are simply magnified up in space. That’s the environment up there, and people’s lives depend on solving those problems,” he says. “The challenges of deploying the technology in space definitely serve us well in making a more robust product for our customers on Earth,” said Co-Founder and President James Langer in the the Spinoff article. Learn more about Serinox’s partnership with NASA and their filtering technology here.

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