EnterpriseWorks

Community EnterpriseWorks Features Media Mentions News Recognition & Awards Research Park

EnterpriseWorks Entrepreneurs Recognized in Chicago Inno 25 Under 25 List

Chicago Inno’s 2022 Inno Under 25 list recognizes young innovators who are already making their mark on the city’s business community. Based on nominations from readers, Chicago Inno compiled a list of founders, investors, community builders and more who are 25 years old and younger. Among those featured are innovators and entrepreneurs whose startups are located at the EnterpriseWorks incubator at Research Park, including the founders of Ascent Integrated Tech, Haylon Technologies, and Natrion. Those honored are: Paul Couston, 25 Founder and CEO, Ascent Integrated Tech Alex Kosyakov, 21 Co-founder of Natrion Dante Vaisbort, 22; Tyler Revesz, 21; Raj Lulla, 21; and Namin Shah, 22 Co-founders of Haylon Technologies The full article is available online, however it is only available to Chicago Inno subscribers.

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EnterpriseWorks News Recognition & Awards Research Park

Kocree’s Varshney Appointed White House Fellow

Lav Varshney, a computer science professor at Illinois and co-founder of EnterpriseWorks startup Kocree, has been selected to serve as a White House Fellow as part of the 2022-23 class. Kocree is a music creation platform that uses artificial intelligence to allow users to cut melodies, rhythms, and arrangements to create a unique musical  piece. In addition to Kocree, Varshney also serves as the Chief Scientific Officer of EnterpriseWorks startup Ensaras, which uses AI to optimize wastewater treatment. Varshney will be working at the National Security Council, Deputy Advisor for Cyber and Emerging Technology. Founded in 1964, the White House Fellows program offers exceptional young leaders first-hand experience working at the highest levels of the Federal government. Fellows spend a year working with senior White House Staff, Cabinet Secretaries, and other top-ranking Administration officials, and leave the Administration equipped to serve as better leaders in their communities. Fellowships are awarded on a non-partisan basis.

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Community EnterpriseWorks Media Mentions News Recognition & Awards Research Park

Illinois Investment Guide Highlights Entrepreneurship at Illinois

An article published in the 2022 edition of the Illinois Investment Guide highlights the role of the University of Illinois Urbana-Champaign, and specifically the Research Park, in advancing entrepreneurship within the state. The article describes how the Research Park and its incubator, EntepriseWorks, support and propel startup activity. It features comments from UIRP executive director Laura Appenzeller. “We are growing new companies from scratch,” Appenzeller says in the article. “We have one of the top engineering schools in the U.S. That is a driving factor. Urbana-Champaign is a major hub of engineering and research for technology companies. They can come here and capture talent — particularly in the digital transformation space — that is otherwise very difficult to get.”

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EnterpriseWorks News Recognition & Awards Research Park

HabiTerre’s Guan Honored as Innovator of the Year

Dr. Kaiyu Guan, co-founder of EnterpriseWorks startup HabiTerre and the Blue Waters associate professor in ecohydrology and remote sensing, was honored as the Illinois Innovation Network’s Innovator of the Year in the Computing & Data category. The awards recognize individuals from the IIN’s 15 hubs who have made key advances in research, technology commercialization and education. HabiTerre provides 360° in-depth intelligence for every plot of farmland across the globe, together with unprecedented field-scale insights for businesses in the broader agricultural industry. The Illinois Innovation Network (IIN) announced recipients of its second-annual innovation awards Wednesday at the Illinois State Fair’s Tech Prairie STEAM Expo. The awards were presented to faculty, staff or scientists from IIN hubs in four of the IIN’s key subject areas: computing and data, environment and water, food and agriculture, and health and wellness. The IIN also presented awards for an open category of innovation and to a student innovator from IIN hubs. “It is our honor to celebrate these innovators and their discoveries,” said Jay Walsh, vice president for economic development and innovation for the University of Illinois System, which coordinates the IIN. “They all are shining examples of the fantastic research and discovery happening across our state.” For more on this honor, see the full story HERE. 

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EnterpriseWorks News Recognition & Awards Research Park

Oak Ridge National Lab Selects Agriwater’s Bianca Bailey for Innovation Crossroads Cohort

Oak Ridge National Laboratory Innovation Crossroads program has selected was Dr. S. Bianca Bailey, founder of EnterpriseWorks startup, Agriwater Corporation, for its next cohort of science and technology innovators advancing technologies they aim to commercialize. As a part of the ORNL cohort, she will work with ORNL experts, gain access to the facility’s unique assets (including the world’s fastest supercomputer), and join a mentoring network to develop business strategies. The latest group of Innovation Crossroads scientific entrepreneurs is the first to be onboarded in person and on campus since 2020. Each startup is focused on clean energy technologies. The fellows were chosen in a competitive merit-based process with applicants from across the country. Bailey has developed an electro coagulator, a device that purifies livestock wastewater for agricultural use. This system helps reduce expensive farmer discharge fines, produces clean water for multiple uses, and assists in preventing pollution. Congratulations to Dr. Bailey on this honor. Learn more about the program here.

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Community EnterpriseWorks Features Media Mentions News Recognition & Awards Research Park

“Best Tech Startups in Champaign” List Dominated by EnterpriseWorks

Tech Tribune’s list of the Top 10 tech startups in Champaign is dominated by EnterpriseWorks tenants and graduates. All but one of the online publication’s choices have formal ties with EnterpriseWorks, the University’s tech incubator. There are a total of 11 startups on the list, the majority of which are tenants of Research Park’s EnterpriseWorks, or have since graduated from the tech incubator.  The top three ranked startups are SimBioSys, PhotoniCare, and Inprentus. SimBioSys was founded in 2018 at the University of Illinois Urbana-Champaign and remains a tenant at EnterpriseWorks in Research Park. The company’s mission is to deploy computational oncology to transform patient experience in cancer care by making it virtual. PhotoniCare, an EnterpriseWorks graduate, works to help primary care physicians identify and diagnose middle ear issues using tools that increase accuracy and efficiency. The company’s first product, OtoSight, was launched in 2019 and is designed to allow physicians to see through the eardrum and visualize the middle ear, including the presence of fluid and its density. Inprentus is another graduate of EnterpriseWorks and was founded by University of Illinois professor Peter Abbamonte  in 2012. Inprentus executes advanced manufacturing of precision optics for x-ray applications. The list proceeds in categorizing several other companies under the “best tech startups in Champaign” such as EarthSense, Ascent Integrated Tech, Psyonic, and Yummy Future. To qualify for consideration, companies must be independent, privately owned, and have received a minimum of one round of funding. The staff’s research was centered around the following four factors: revenue potential, leadership team, brand/product traction, and competitive landscape. See the full list of startups here.

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EnterpriseWorks Graduates News Recognition & Awards Research Park

EnterpriseWorks Graduate Autonomic Materials Raises $3 Million

Autonomic Materials Inc. (AMI), a deep-tech startup graduate from the EnterpriseWorks incubator, announced Monday that the company has raised $3 million in a fully subscribed financing round. The round was led by Burwell Management Company and Camino Real Capital Partners along with participation from other venture capitalists. AMI uses self-healing technology to create chemistry coatings that minimize the effects of corrosion. The company’s innovations are designed to protect metal assets, the people interacting with those assets, and the environment. AMI CEO Dr. Gerald Wilson said the funds will be used to “accelerate sales of the company’s branded high-performance and ultra-low VOC coatings portfolio.” Dr. Wilson is also an Enterpreneur-in-Residence at EnterpriseWorks, where he counsels and mentors aspiring faculty and graduate student founders. AMI continues to grow its operations in Champaign, working to improve sales of existing product as well develop new applications that eliminate corrosion in environmentally friendly ways. In 2017, AMI raised $3 million in a funding round led by Solvey. This funding was used to scale up the company’s first self-healing paint product. Read the full news release here.

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Community EnterpriseWorks Features News Recognition & Awards Research Park

EarthSense Co-Founder Chinmay Soman Talks AgTech Trends and Company Success in Recent “Innovations” Research Park Podcast

The latest episode of the Innovations @ Research Park Podcast delves into the history and background of EarthSense, an agricultural robotics and AI company that is a tenant here at the Research Park. Host Tanmay Shaw facilitates a discussion with Chinmay Soman, co-founder and CEO of EarthSense. The podcast delves into the origin story of the company as well as Soman’s drive to make a difference in the agricultural industry. Soman explains that the main mission behind EarthSense came from a desire to help farmers. Soman tells the story of growing up in India and having many extended family members that made a living by farming. Around the time that Soman was finishing his Ph.D., farming in India underwent many changes that led to a larger proportion of farmers being in debt. This led to increased suicide rates for individuals in this profession, which was something Soman was motivated to change. EarthSense was founded to innovate the AgTech industry while also keeping in mind environmental sustainability. They primarily focus on creating ground-based robots that are able to collect data on crops and soil. TerraSentia, their first robot, improves the quantity, accuracy, cost, and speed of in-field plant trait data collection, specifically for under canopy plants. Tune in to hear more on Soman’s perspective on future autonomous agricultural trends, EarthSense’s recent successes, and the importance of Research Park as a resource to the startup. To listen to the podcast, visit iTunes Podcasts, Spotify, or wherever you prefer to download your podcasts. Is there something you want to know about Research Park? Do you have an idea for a guest for the show, or a story we should pursue? Do you want to provide other feedback? Contact Laura Bleill (lwbleill@illinois.edu).

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EnterpriseWorks Investments News Recognition & Awards Research Park

EnterpriseWorks Startup Natrion Secures $2 Million in Funding from Major Backers

Natrion, a battery research and development startup based in Research Park’s EnterpriseWorks incubator, announced Wednesday that they have secured $2 million in seed funding. Natrion is the only company in the world to commercialize a ceramic-polymer composite battery solution for electric mobility and defense applications. The funding round was led by Chicago-based TechNexus Venture Collaborative, Champaign’s Illinois Ventures, Mark Cuban of Shark Tank, and other private investors. Natrion has previously received significant funding from the U.S. Department of Defense including a STTR grant to develop its products. “Natrion’s streamlined R&D approach and business model are what really differentiate the company in the battery market. They’ve already secured major commercial traction in the automotive space and we’re looking forward to what they achieve next,” said Mark Cuban. This seed round was the company’s first major private capital raise, and with it Natrion plans to build out in-house pouch cell prototyping capabilities at its R&D center in EnterpriseWorks to allow rapid-prototyping and validation of their patented Lithium Solid Ionic Composite (LSIC). This is Natrion’s first step towards scaling up and provides potential to build out a pilot production line next year. Natrion was founded in 2018 by Alex Kosyakov, a University of Illinois undergraduate engineering student. Before founding the startup, Kosyakov was part of iVenture Accelerator and Hacking for Defense. In the past, Natrion has been awarded funding from Cozad Assessment Management and Illinois Ventures, as well as being granted SBIR funding with help from the Illinois Fast Center. Read the full news release here.

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EnterpriseWorks Graduates Investments News Research Park

EnterpriseWorks Graduate Starfire Industries Announces Transformative Expansion

Starfire Industries Announces Expansion in Champaign, New Facility to Support Deep Technology Manufacturing and Research & Development  Starfire’s new 194,000 square foot facility will create 22 full-time deep tech jobs (News-Gazette Story) CHAMPAIGN – May 20, 2022 – Today Starfire Industries, LLC announced an expansion to establish a new manufacturing facility in Champaign, Illinois, located at 3310 N. Duncan Road. The $9.4 million project accommodates growth to a 194,000 square foot facility to increase manufacturing and research & development capabilities. The project will create at least 22 full time-jobs and retain 20 full-time jobs, as well as support 12 engineering co-op and part-time professional jobs. “Technology investments over the past 12 years in compact particle accelerators and high-power plasma sources have resulted in game-changing innovations”, says Starfire President/CEO Brian Jurczyk. “Our team is making significant impacts across the semiconductor, nuclear, aerospace, medical, environmental, energy, mining, automotive, and security industries. Starfire reached the point where it needed to scale; finding the right location for expansion was critical. The former Patterson building is a unique space with a combination of office, engineering, manufacturing, and distribution that will support Starfire’s growth for years to come. We are excited to make this place our home and stay within the robust Champaign-Urbana deep technology ecosystem.” The Starfire team in summer 2021. Photo credit: University of Illinois Research Park Starfire Industries, recently named one of the top-10 worldwide non-destructive testing companies by Manufacturing Outlook Magazine, specializes in portable high-energy particle accelerators for diagnostic imaging, environmental sensing, active interrogation, and even oncology therapeutic treatments. This is accomplished using a process that combines physics, math, chemistry, and biology to create a strategy for inspecting, examining, and testing materials for flaws, defects, and more. Starfire’s patented Centurion® system is being used for the rapid detection of per- and polyfluoroalkyl substances in groundwater and soil samples and quantification at the ppt level to meet stringent EPA and EU standards. Starfire is a multi-disciplinary deep technology company leveraging technical depth in many fields. The team consists of several PhDs in nuclear, plasma, radiological and electrical engineering, as well as engineers from electrical, mechanical, aerospace and material science. Starfire’s patented IMPULSE® product has revolutionized thin-film coatings by providing precision engineering of materials at the atomic scale. Their technology is used in the manufacture of photovoltaic, superconductor, fuel cell and battery storage systems—as well as coatings on full-length nuclear fuel rods to increase strength, corrosion resistance and accident tolerance under an SBIR project with the DOE Office of Nuclear Energy and Westinghouse. “The new facility will give us the space for a pilot in-line production system to process the long and difficult to handle nuclear fuel cladding”, says Starfire VP/CTO Robert Stubbers. “The combination of engineering, processing, QA/QC testing and distribution space is advantageous.” Starfire develops solutions to solve challenging problems, moving ideas from the whiteboard to production. They work with a variety of federal and international organizations on innovative research & development and with a broad spectrum of global companies on products and services to meet their demanding applications. “Starfire Industries is truly a homegrown success story, and one we’re proud to celebrate,” said Carly McCrory-McKay, executive director of the Champaign County Economic Development Corporation. “This story is a testament to what’s possible in Champaign County and the state of Illinois. Under Brian’s leadership, the company has grown from a startup to a large-scale manufacturing facility. We’re grateful for their continued investment in our community and we look forward to supporting their growth.” “We are so delighted that the Starfire team chose to stay in Champaign and continue to grow their company where it began,” stated City of Champaign Mayor Deborah Frank Feinen. Since graduating from the EnterpriseWorks startup incubator at University of Illinois Research Park in 2009, Starfire Industries has grown from concept research & development to manufacturing plasma sources, neutron generators and high-voltage power supplies for a range of industries. They will soon move from their existing Champaign location, a 14,000 square foot facility in University of Illinois Research Park, to an impressive 194,000 square foot technology center. The 3310 N. Duncan Road expansion will enable greater on-site collaborative partnerships, direct services to end-users under strategic supplier agreements, manufacturing and global distribution. “Starfire is a stellar example of the deep tech innovation that emerges from scientists at the University of Illinois and that remains in Champaign County for the tech and engineering talent needed to fuel its continued growth,” said Laura Appenzeller, UI Research Park Executive Director. “We are so grateful to have launched their small business at the Research Park and thank the founders for their perseverance, innovation, and dedication to their employees.” The expansion is scheduled for completion in 2023. About Starfire Industries, LLC:  Founded by Brian Jurczyk, PhD MBA, and Robert Stubbers, PhD, Starfire Industries LLC is a “deep technology” company focused on nuclear and plasma technologies for demanding applications. Starfire produces the nGen® and Centurion® ultra-compact particle accelerators used for medical therapy, environmental sensing, nuclear security, and non-destructive imaging.  Starfire produces the IMPULSE® and RADION™ pulsed power plasma sources and systems used for nuclear fuel fabrication, superconductor coatings, semiconductor EUV lithography, lightweight electric vehicle assembly, high-temperature aerospace materials, and thin-film deposition and etching applications. Their industry-changing solutions are designed, manufactured, and delivered from their headquarters in Champaign, Illinois to end-users across six continents and Earth orbit. Learn more at https://www.starfireindustries.com/.

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