Graduates

Ascent
EnterpriseWorks, Graduates, Recognition & Awards

EnterpriseWorks Graduate Ascent Integrated Tech Wins Rising Star Award

The Rising Star Award recognizes an early-stage startup for its innovation, creativity, and position as the next great hard-tech company to emerge in the region. Winners for the rest of the awards were announced at the March 13 Fourth Revolution Awards Reception, but the Rising Star Award finalists pitched live at the mHUB HardTech Summit the following day. The winner of the Rising Star award receives two three-month shared workspace memberships at mHUB, local and national recognition, and opportunities to network with leaders of the region’s growing innovation ecosystem. Ascent Integrated Tech was founded at Research Park by Paul Couston and Alex Gorsuch, where they created a software program for first responders, including firefighters, special forces, and SWAT teams. The platform optimizes 3D tracking technology, placed inside helmets and bracelets, to provide commanders with critical information, such as their team’s location. These tracking sensors provide details about the team members’ health and environment, such as CO2 levels, humidity, and airborne metal oxide. The Fourth Revolution Awards are sponsored by mHUB, a leading independent hard-tech and manufacturing innovation center that exists to convene the entrepreneurial ecosystem around physical product innovation to ensure that the manufacturing industry continues to accelerate, grow, and thrive. Learn more on the mHUB Chicago website.

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Serionix
EnterpriseWorks, Graduates, Partnerships & Acquisitions, Research Park

EnterpriseWorks Graduate Serionix Signs Deals with Lowe’s and Chewy

Serionix, a graduate of the EnterpriseWorks incubator at Research Park, recently signed deals with major retailers Lowe’s and Chewy to sell its Colorfil air filters. Serionix was founded by James Langer and Weihua Zheng, then University of Illinois graduate students, in 2011. During their tenure at EnterpriseWorks, they developed filtration technology initially designed for NASA. In 2021, the company rebranded its product to focus on air filters for pet owners. The proprietary formula includes color-changing material that indicates when a filter has reached the end of its lifetime. “The idea was to sell a product that would just create peace of mind for our customers,” Langer said. “One of the key benefits of the filters is their ability to capture and neutralize chemicals and particularly odor-causing chemicals in the air.” Since graduating from the EnterpriseWorks incubator in 2019, Serionix has continued operating and manufacturing in Champaign, Illinois. Buy Serionix’s Colorfil filters at Lowe’s and Chewy. Learn more about Serionix and its retail contracts on the News-Gazette.

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Psyonic
Graduates, Media Mentions

PSYONIC Set to Make Waves on Shark Tank

PSYONIC, an EnterpriseWorks graduate, is gearing up for its appearance on Shark Tank, scheduled for Friday, February 23. With a recent successful $3.1 million crowdfunded equity raise, the company is positioned for a major breakthrough. While details of their pitch to the sharks remain under wraps until the episode airs on ABC, viewers can expect to see Dr. Aadeel Akhtar, CEO and Founder of PSYONIC and University of Illinois alumnus, alongside Sgt. Garrett Anderson, a University of Illinois employee and user of PSYONIC’s innovative bionic hand, demonstrating the company’s technology. Akhtar received his Ph.D. in Neuroscience and M.S. in Electrical & Computer Engineering from the University of Illinois at Urbana-Champaign in 2016. Akhtar and a group of engineers got to work at EnterpriseWorks, building bionic hands from scratch. Now, the hand is a full-functioning one, which the ability to grasp, move, and feel like a real hand. Anderson, who studied rehabilitation counseling at the University of Illinois at Urbana-Champaign as a master’s student, was among the first amputees to test the bionic hand. After he lost his arm below the elbow in Iraq in 2005, he could never tell how much pressure he was applying with his prosthetic hand. He began testing prototypes that let him feel again with PSYONIC. PSYONIC specializes in creating advanced bionic limbs for individuals with amputations, with their first product being the Ability Hand. This prosthetic hand has unmatched speed, intuitive control, touch feedback, and durability. It stands out as the fastest bionic hand available. Additionally, it is available through Medicare, making this cutting-edge technology accessible to a wider audience. The Ability Hand is the world’s first touch-sensing bionic hand. This not only enhances functionality but also provides users with a heightened sense of connection and control over their prosthetic limb. The Ability Hand is covered by insurance companies in the United States, ensuring that users can access this life-changing technology without any out-of-pocket costs. As PSYONIC prepares to step onto the Shark Tank stage, many eagerly awaiting the outcome of this pivotal moment for the company and the future of bionics technology. Tune in to ABC to witness the next chapter in PSYONIC’s journey as they showcase their groundbreaking innovations to the sharks and the world. Akhtar launched PSYONIC in 2015 and the company moved into EnterpriseWorks in 2018. PSYONIC came to EnterpriseWorks as part of the iVenture Accelerator Team in 2015, and has also won prizes at the Cozad New Venture Competition and the 2016 Illinois Innovation Prize. It moved its headquarters to San Diego, California in 2022. Prior to relocating to San Diego, Akhtar says, “This achievement would not have been possible without the resources available to us in Champaign-Urbana. From the Neuroscience Program, to The Grainger College of Engineering, to the Illinois Technology Entrepreneur Center, iVenture Accelerator, Enterprise Works, University of Illinois Research Park, and many more, this community made PSYONIC and the Ability Hand what it is today.”

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Illumination
EnterpriseWorks, Graduates, Research Park

Eden Park Illumination Lights Installed at EnterpriseWorks

The EnterpriseWorks kitchen received a tech upgrade thanks to startup graduate Eden Park Illumination. Eden Park has generously donated Far UVC 222nm lightbulbs to the kitchen space, which will help EnterpriseWorks reduce the negative impact of viruses and pathogens. Eden Park is a repeat graduate of EnterpriseWorks with companies that include E-P Purification, E-P Illumination, and, most recently Eden Park Continuous Disinfection. Eden Park Illumination is a fast-growing, dynamic lighting technology company, anchored in over 50 years of heritage through its affiliation with the Laboratory of Optical Physics and Engineering at the University of Illinois. It is a leader in the areas of lighting research, product development, and commercialization of the “Microplasma” technology. Eden Park Illumination currently has offices in Chicago and Champaign, Illinois.

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Xerion
EnterpriseWorks, Graduates, Recognition & Awards, Research Park

Xerion Advanced Battery Wins Prize From The U.S. Department of Energy

Xerion Advanced Battery Corp. recently received the American-Made Geothermal Lithium Extraction Prize from the U.S. Department of Energy for its groundbreaking work in developing a new way to extract lithium from geothermal brine. This extraction method is crucial for producing lithium-ion batteries, which are widely used in electric vehicles, energy storage, and various electronic devices. Paul Braun, co-founder of Xerion, planted roots at EnterpriseWorks. Here, the initial research was done and the original technology was created. Braun’s research group focuses on new functional materials for energy storage and solar energy harvesting, in particular on the synthesis of materials with carefully crafted 3D nano- and mesoscale architectures which lead to emergence of new optical, electrochemical, and thermal functionalities. Highlighted in Forbes, Xerion’s nanotechnology advances offer huge potential for everything from electrification of transportation to reinvigorating American manufacturing to onshoring of critical supply chains. Having been in “stealth mode” since 2010, Xerion will soon be able to expand to a manufacturing center in Dayton, Ohio with over $65 million raised. “The development of efficient geothermal lithium extraction technologies promises to simultaneously advance efforts to secure a domestic lithium supply and to solidify the United States’ position in the global transition to net-zero emissions,” stated John Busbee, CEO of Xerion. “The development and commercialization of our low-cost, high-efficiency direct lithium extraction from lithium brine sources globally will bring us one step closer to a clean energy future that is powered by homegrown innovation.” By developing these disruptive technologies, Xerion aims to transform the energy industry and contribute to a cleaner, more sustainable future. Its efforts align with the increasing demand for minerals like lithium in the context of a growing emphasis on zero-emission technologies and the electrification of various sectors.

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photoholgic
EnterpriseWorks, Graduates, Partnerships & Acquisitions

VedaBio to Revolutionize Molecular Detection after Tenure as LabSimply at EnterpriseWorks

VedaBio, a biotechnology company leading a paradigm-shift in molecular detection, launched on October 17, 2023, with initial funding of over $40 million. This company has roots at the University of Illinois-Urbana Champaign and Research Park: VedaBio was formerly known as LabSimply and operated out of EnterpriseWorks from 2021 to 2022. CEO and Co-Founder Anrup Ganguli, PhD, developed multiple research platforms during his time at university in the lab of Professor Rashid Bashir, PhD, Professor of Bioengineering and current Dean of the Grainger College of Engineering. VedaBio is revolutionizing molecular biology with its breakthrough platform for near-instant molecular detection of multiplexed analytes, delivering best-in-class accuracy without the need for target amplification. Their CRISPR Cascade™ platform is poised to emerge as a new gold standard tool to empower decision-making across multiple industries. In the official press release, Ganguli explains that the CRISPR Cascade reaction provides “a platform that delivers near-instant molecular detection of highly multiplexed analytes with best-in-class accuracy, all without the need for target amplification.” He has high hopes for VedaBio, believing “it is poised to emerge as a future gold standard for molecular detection, empowering major advances across multiple applications including research and industrial tools, diagnostics and therapeutics.”  To learn more about VedaBio, read the official press release on the VedaBio website.

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Serionix
EnterpriseWorks, Graduates, Recognition & Awards

Two EnterpriseWorks Graduates Included on Inc. Magazine’s Fastest-Growing Companies List

Two EnterpriseWorks graduates qualified for Inc. Magazine’s 2023 “5000 Fastest-Growing Private Companies in America” list. Both continue to grow their companies in Champaign County.  Serionix, which is known as Colorfil on the list, placed at #752. Eden Park Illumination placed at 2,858.  “Given the tremendous growth we’ve experienced—going on almost 36 months at 13% CMGR (compounded monthly growth rate) —it wasn’t exactly a surprise but is nevertheless a great honor and recognition for our team,” said Jim Langer, Serionix co-founder and CEO.  Eden Park manufactures and deploys patented wafer-thin panels that deliver reliable, safe, and effective Far-UVC 222nm technology that continuously reduces and inhibits air and surface pathogens in densely populated spaces. It was co-founded by faculty at the University of Illinois Urbana-Champaign.  During its days at EnterpriseWorks, Serionix focused on developing products for industrial air purification. The team also enlisted numerous Research Park resources and mentors, including EnterpriseWorks’ SBIR Technical Assistance Program, who helped with grant proposals – a process that CEO Jim Langer said further “helped refine our story and our goals.” The company’s  technology benefits everyone from astronauts to the average cat owner. Langer shared that the next step for the company is to fuel investment in people, channels, and product– investments that will collectively unlock the potential growth for Colorfil. For more information, visit Colorfil’s website. 

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ATSP
Graduates, Recognition & Awards, Research Park

ATSP Innovations Selected by NASA to Provide Prototype Bearings

Out of this world: Research Park graduate ATSP Innovations has been selected for a Phase II Sequential award from NASA to develop and produce prototype bearing solutions for the abrasive conditions on dusty lunar and Martain surfaces. In a blog on the company’s website, ATSP explains that “As missions are planned by NASA for the lunar surface, steps must be taken to mitigate damage caused by lunar dust.” The technology used on these missions must be protected from the elements, including the mechanical components of landers, rovers, experiments, and in-situ resource utilization implements. ATSP’s wear-resistant polymer tech designs provide adequate protections against the harshest of thermal, atmospheric, and abrasive dust elements in lunar exploration.

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Paul Couston
EnterpriseWorks, Graduates, Recognition & Awards

Ascent Integrated Tech’s Paul Couston Included on Forbes’ 30 Under 30: Chicago List

“Chicago is a tough city… it makes entrepreneurs with grit,” wrote Paul Couston, co-founder of Ascent Integrated Tech on LinkedIn. He continued, “Today, I’m honored that Ascent Integrated Tech has joined other incredible ventures listed on the Forbes Under 30 Local list in Chicago.” After his first startup Optivolt Labs, Couston cofounded Ascent Integrated Tech at Research Park with business partner Alex Gorsuch. Together they created a software program for first responders, including firefighters, special forces, and SWAT teams. The platform optimizes 3D tracking technology, placed inside helmets and bracelets, to provide commanders with critical information, such as their team’s location. These tracking sensors also provide details on the team members’ health and environment, such as CO2 levels, humidity, and airborne metal oxide. Ascent Integrated Tech’s innovations are helping teams be best prepared when urgent calls come in and assist in making life-saving choices in real time. Couston acknowledged Research Park’s role in his personal entrepreneurial success, as well as the company’s. He explained, “Ascent’s journey began at EnterpriseWorks, from the confines of a humble 100 sq feet office on the second floor… The journey from that tiny space to where we stand today would have been inconceivable without the invaluable resources and the expansive network that EnterpriseWorks offered.” The co-founder further detailed his Research Park experience. “The community is truly unparalleled — supportive, innovative, and immensely helpful.  But more important than the space are the people and the network on campus. The people working at Enterpriseworks, the TEC, Gies, and Grainger made Ascent’s early goals possible,” – Paul Couston, Co-founder of Ascent Integrated Tech While Couston was admittedly shocked by the Forbes article, fellow co-founder Alex Goursch was not surprised that Couston made the list. “I have not met someone else who has Paul’s combination of cleverness, ferocity, and mission-driven nature,” said Goursch. “Paul is a singularly driven individual who gives a crap about the problem we are solving and has the intelligence to find solutions, and the diligence to instantiate them.” Seems safe to say that the team’s hard work and determination have paid off. “This recognition isn’t a personal milestone; it’s a testament to everyone who believes in and works toward Ascent’s mission,” said Couston. Read the full Forbes article HERE.

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Agriwater
Graduates, Recognition & Awards

Engineer Wins U.S. Bank Foundation Cleantech Award for Clean Water Technology

Dr. Bianca Bailey, the founder and CEO of EnterpriseWorks startup Agriwater, was named the fourth annual recipient of the Cleantech Inclusion award. This award from the U.S. Bank Foundation and Evergreen Climate Innovations supports female and minority entrepreneurs whose work benefits the environment and includes a $25,000 grant and one year of mentorship. Agriwater’s innovative technology specializes in electrolysis that electrifies manure slurry into clean water and other valuable commodities. It emits electrical current through wastewater to remove heavy metals, thereby reducing CO2 emissions and keeping farmers within regulatory compliance. Dr. Bailey started the company in 2021 amid a doctorate program in agricultural engineering at the University of Illinois.  Bailey looks forward to the resources made available by the Cleantech award program. “Being a smart entrepreneur when it comes to technology is also knowing that you can’t just focus on the technology, but you also need to focus on the intellectual property and business implementation of the technology… You can have great technology, but if the business model and everything else doesn’t work out, then it’s simply just a good idea,” – Dr. Bianca Bailey, Agriwater CEO Read more about the award on the U.S. Bank Foundation website.

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