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EnterpriseWorks News Partnerships & Acquisitions

PhotoniCare Debuts New Product and Investors

EnterpriseWorks startup PhotoniCare, a medical device company building a low-cost diagnostic platform for the front-lines of medicine, has secured Series Seed funding to fund their new product. The startup’s new product, Clearview, allows doctors to visualize contents of the middle ear, which will change the way clinicians manage middle ear infections. Middle ear infections are one of the most common diseases in the world, and with the help of the new investors, thier product will, “open a new field for ear infection work-up management, enhance quality outcomes for patients while saving the overall healthcare system from wasteful and unnecessary treatments, and potentially eliminate the abuse of antibiotic prescriptions and accompanying risk of antibiotic resistance.”

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EnterpriseWorks Events News Recognition & Awards Research Park

EarthSense Receives 2018 Edwin Moore Family Agriculture Innovation Prize

Champaign, IL — EarthSense, a company that develops ultracompact autonomous robots for crop breeders, agronomists, and growers, is the recipient of the second Edwin Moore Family Agriculture Innovation Prize. The award, generously funded by University of Illinois alumni and their families, rewards University of Illinois entrepreneurs focusing on agricultural innovations. Family members Penny DeYoung and Ed Moore presented the award to EarthSense during the Agriculture Technology Innovation Summit on Feb. 28 in Champaign. EarthSense provides herbicide-free superweed eradication using TerraSentia, an ultracompact autonomous robot. TerraSentia also delivers under-canopy plant health and trait information. In 2018, more than 25 TerraSentia robots are in paid trials. The team who developed the TerraSentia’s robotics and machine-vision technology includes CEO Chinmay Soman and CTO Girish Chowdhary, an assistant professor of Agricultural and Biological Engineering at the University of Illinois Urbana-Champaign. The company occupies a lab at EnterpriseWorks, the technology incubator in the Research Park. The Edwin Moore Agriculture Innovation Fund was established in 2016 with a generous gift to EnterpriseWorks. Its goal is to encourage startup companies engaged in development of new innovative technologies that may lead to increased productivity and/or efficiency in farming, or to create new agricultural opportunities, including new processes, new crops, and new food production systems. In addition to the prize given at the AgTech Innovation Summit, a second Edwin Moore Agriculture Innovation Fund award is at stake as part of the Cozad New Venture Competition, the university’s signature competition for student startups. It will be awarded in April. The award honors the legacy of Edwin E. Moore (1924), who graduated from the University of Illinois College of Agriculture and began farming in Will County. Throughout his agricultural career, he and wife, Iva, used innovative farming practices for both crop production and livestock management. Two of their four children became farmers, Edwin and Thomas (1953, College of Agriculture), and continued use of innovative farm practices. Subsequent generations of Edwin Moore’s family have continued to pursue farming and ag related careers capturing the same innovative spirit.

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EnterpriseWorks News

EnterpriseWorks Startup Snooz Reinvents the Noise Machine

EnterpriseWorks startup Snooz has developed their white noise machine, which uses a real fan instead of prerecorded sound to help terrible sleepers get a good nights rest. The startup is founded by Eli Lazar, a mechanical engineering graduate from the University of Illinois, who started a Kickstarter for the project in 2016. Snooz’s use of a real fan, along with bluetooth-controlled light and speed with ten different settings, makes the product a stand-out against competitors.

EnterpriseWorks Startup Snooz Reinvents the Noise Machine Read Post »

EnterpriseWorks Media Mentions News

Aptimmune Named Number Three of Seven Ag Tech Start-ups to Watch in 2018

EnterpriseWorks startup, Aptimmune Biologics, was recently recognized as one of seven Ag Tech start-ups to watch in 2018 by Agriculture.com. Aptimmune focuses on developing revolutionary swine vaccines and the prevention of the diseases, porcine reprodutive, respiratory syndrome virus ({PRRSV), and influenza. In November, Aptimmune launched the industry’s first inactivated mucosal influenza A virus vaccine in swine. Recently, the company raised $6 Million Series B Funding from various investors and has moved its headquarters to St. Louis. To see a complete list of Ag Tech startups to watch click here. Visit Aptimmune’s website here.

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EnterpriseWorks News

Inprentus Raises $1 Million to Complete A Series A Round for $2.5 Million

Inprentus has officially completed its Series A Round, raising $2.5 Million with help from investors like Flyover Capital, Serra Ventures, and other new investors. This money will help Inprentus to aggressively pursue new business in both its current synchrotron market and explore options in new markets. Inprentus has recently commercialized it’s advanced marketing process that involves a nano-scale scribing technology that creates high precision pattering of surfaces, which proves useful in x-ray and EUV experiments at synchrotron facilities and scientific research institutions by helping those scientists discover and characterize new material properties in life science, engineering and physics research. The company is currently manufacturing and fulfilling orders, and can now focus on more revenue growth with current products and expansion into adjacent markets. “Inprentus has proven it is on track to grow revenue and reach its goals,” said Flyover Capital General Partner, Keith Molzer. Read the full story on the PR Web website.

Inprentus Raises $1 Million to Complete A Series A Round for $2.5 Million Read Post »

EnterpriseWorks Media Mentions News

IntelinAir named One of Seven Ag Tech Start-Ups to Watch in 2018

EnterpriseWorks startup, IntelinAir was recently named one of seven Ag Tech start-ups to watch in 2018 by Agriculture.com. IntelinAir was founded in 2015 to help farmers make more cost-effecient and smart decisions based on aerial imagery, and is based both in Champaign, Illinois at the Research Park and in San Jose, California. The company’s AgMRI platform, which was just unveiled in the last year, is described on their website as “the leading aerial analytics solution for agriculture.” Since releasing this platform, the company has quickly soared to the top of aerial monitoring and analytics companies, having monitored nearly 2 million acres in 2017. Visit IntelinAir’s website to learn more about them here.

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EnterpriseWorks News

Student Startup HeyGears Experiences Great Success in China

HeyGears, an EnterpriseWorks student startup graduate, is building a 3D printing Research and Development facility in Guangdong, China. Formerly OmniEars, the company has created a range of five different in-ear products of wearable technology that operate through Bluetooth. While working at EnterpriseWorks, HeyGears was partially sponsored by the iFoundry program and graduated from the incubator in 2015. HeyGears now operates out of Guangzhou, China. To learn more about HeyGears and their new facility, click here.

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EnterpriseWorks News

Trudy Kriven of KeaneTech Shares Plans for her Technology Transition Startup

Trudy Kriven, CEO of EnterpriseWorks Affiliate startup KeaneTech, talks with the News-Gazette about its Small Business Innovation Research grant from the Army Corps of Engineers, geopolymer materials, and the opportunities and challenges of having a technology transition company. Kriven’s group philosophy with her company and partners is to nurture each other in a way that encourages every individual to their fullest potential, which she has been able to foster at EnterpriseWorks. Kriven shares that EnterpriseWorks, “is a very valuable asset and resource to this community, to nurture and guide start-up companies.” To read more about Trudy Kriven and KeaneTech, click here.

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EnterpriseWorks News

Aptimmune Achieves Industry First with Mucosal Swine Flu Vaccine

Aptimmune Biologics, Inc. once again breaks through industry barriers by commercializing the first inactivated musosal vaccine for Influenza A virus in swine, administered via nasal spray. This vaccine helps provide veternarians and swine producers a new way to combat these diseases that can create costly and horrific results as they spread through swine. The vaccine is safe to use, and accurately manages these respirtatory diseases. The new vaccine is available in 250-mL and 500-mL bottles, an Aptimmune recommends the swine be vaccinated once at 7-10 days old and then again during weaning, at 3-4 weeks of age. Aptimmune Biologics is a startup located at EnterpriseWorks that specializes in developing and marketing a portfolio of revolutionary musosal vaccines that provide answers for the most costly viral diseases that impact swine industry. Read more here.

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EnterpriseWorks Media Mentions News

Agrible and IntelinAir Named in the Most Prominent Remote Sensing Companies

AgFunder News highlights 20 remote sensing startups, sorted by their main sources of data such as satellites, drones, airplanes, and ground-based sensors. EnterpriseWorks graduate Agrible is named one of the most prominent players that rely on a combination of drone/airplane-based imagery. Agrible focuses on providing innovative science that farmers and ag companies can use easily every day to improve their production with cloud-based delivery systems, their core offering being the Morning Farm Report. EnterpriseWorks startup IntelinAir is recognized as one of the most prominent players that rely on either drone or airplane-based data. IntelinAir’s provides farmers in-season insights through aerial imagery analytics powered by traditional computer vision, modern machine learning methodologies and agronomic science.

Agrible and IntelinAir Named in the Most Prominent Remote Sensing Companies Read Post »