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    Media Mentions

    EnterpriseWorks Features Media Mentions

    Zite AI featured on WCIA News in how its technology is helping the medical industry

    EnterpriseWorks startup Zite AI was featured in a recent WCIA news story about how artificial intelligence is helping the medical industry. Founded by brothers Joshua and Jacob Love in 2022, Zite AI uses artificial intelligence to empower informed decision-making for healthcare organizations. While the company was initially founded to revolutionize location consulting, it pivoted to create a suite of tools that empowers heathcare organizations in marketing outreach, operational planning, and facilities planning. Zite AI is well integrated into the EnterpriseWorks and University of Illinois ecosystem, with co-founder Joshua Love currently studying as a PhD student at the University of Illinois Urbana-Champaign. Zite AI is changing healthcare systems which have traditionally relied on more old-fashioned forms of technology. “We’ve kind of come across this huge problem where a lot of the back office, the sort of strategic side of medicine, making sure people get access to care at all, is something that can really improve with more data and more understanding of what’s going on in the communities,” Jacob said in the interview with WCIA. The company’s programming can analyze medical images, identifying early signs of conditions like cancer and heart disease well before they are visible to the human eye. Read more or watch the news story on the WCIA website.

    Zite AI featured on WCIA News in how its technology is helping the medical industry Read Post »

    Community EnterpriseWorks Events Investments Media Mentions Recognition & Awards

    Nine Cozad New Venture Challenge Teams Receive Awards from EnterpriseWorks

    EnterpriseWorks and Research Park awarded the Student Startup Tenancy Prize to nine teams that competed in the 2024 Cozad New Venture Challenge. This prize, which was awarded to Pathlit, AVEA Robotics, Radiant Looms, AminoSense, ClimeCast, Provenance Security, SeriesFarm, Terravate Energy, and Med Terms, includes access to co-working space, conference rooms, common areas, support services, and entrepreneur assistance. Provenance Security and SeriesFarm received the Catapult Award of $5,000 to be used for startup professional services. ClimeCast, which joined EnterpriseWorks as a tenant earlier in the year, also won third place with a $25,000 investment. ClimeCast uses AI to optimize decarbonization strategy for commercial real estate. ClimeCast also won the Dr. Paul Magelli Innovation Award, Best Pitch at Finals, as well as the Student Startup Tenancy Prize. Cozad New Venture Challenge (CNVC) is a campus-wide program run by the Technology Entrepreneur Center that provides mentoring to teams through the phases of venture creation, and resources in idea validation, pitching skills, and customer development. Between the 200 registered teams, 11 campus colleges and 85 majors were represented. The 2024 CNVC kicked off with registration and kickoff events in January and continued throughout the spring semester with workshops, mentorship opportunities, and training for over 500 undergraduate and graduate students. Between the 200 registered teams, 11 campus colleges and 85 majors were represented. The Demo Day on Thursday, April 11, was held at the Illinois Conference Center and featured several members of EnterpriseWorks and Research Park judging student work. The program concluded on Wednesday, April 24, with a Year-End Celebration and Awards Ceremony at the Campus Instructional Facility. Past participants of the program include EnterpriseWorks graduates Cast21, DeepWalk, Mesh++, Prenosis, Psyonic, and Serionix, in addition to EnterpriseWorks startups Natrion and ZiteAI.

    Nine Cozad New Venture Challenge Teams Receive Awards from EnterpriseWorks Read Post »

    EnterpriseWorks Media Mentions Recognition & Awards Research Park

    HabiTerre Achieves Third Party Model Validation with Climate Action Reserve

    EnterpriseWorks startup HabiTerre‘s model for quantification of agricultural greenhouse gas sinks and sources was approved by the Climate Action Reserve (CAR) under their Soil Enrichment Protocol (SEP). This model is used as part of HabiTerre‘s advanced system-of-systems modeling approach. It comprehensively models the interplay of energy, water, carbon, and nutrient cycles in aboveground and belowground environments. HabiTerre has adapted and maintained a scalable version of ecosys to support the quantification of greenhouse gas and soil carbon outcomes from agricultural practices. The Climate Action Reserve is the most trusted, efficient and experienced offset registry for global carbon markets. CAR establishes rigorous standards to support and promote climate change solutions that benefit economies, ecosystems and society. “This milestone is just one of many more to come from the team at HabiTerre, where we are fully dedicated to supporting scalable and efficient solutions to drive maximum impact and value to farmers, paving the way for high-quality environmental market opportunities,” said Nick Reinke, CEO of HabiTerre. HabiTerre is a farming financial risk modeling company. The HabiTerre team is dedicated to making the world a better and more habitable place by advancing sustainable agriculture and land stewardship with a holistic systems approach to farm productivity and resource use efficiency. Learn more about CAR and this milestone on the HabiTerre website.

    HabiTerre Achieves Third Party Model Validation with Climate Action Reserve Read Post »

    EnterpriseWorks Investments Media Mentions Recognition & Awards Research Park

    Cache Energy Wins EPIC DC Pitch Competition

    EnterpriseWorks clean energy startup Cache Energy won first place in the Energy Program for Innovative Clusters (EPIC) pitch competition. Founder Arpit Dwivedi presented at the White House for this competition on May 15, 2024, winning $30,000 for the company. The Department of Energy’s (DOE’s) Office of Technology Transitions (OTT) announced $70,000 total of prize money to three clean energy startups and one incubator through the prize collaboration event. Attendees participated in a collaborative discussion, and a Q&A about supporting incubators,  and traveled to Capitol Hill to meet with Congressional representatives and staff. Cache Energy focuses on creating energy storage that is non-toxic, non-flammable, and safe to transport and install anywhere through long-duration electricity storage. This technology can store grid electricity cheaply on a large scale and helps commercial and residential entities move away from fossil fuel. Learn more about the EPIC DC Pitch Competition on the Office of Technology Transitions website.

    Cache Energy Wins EPIC DC Pitch Competition Read Post »

    EnterpriseWorks Graduates Media Mentions Recognition & Awards

    EnterpriseWorks Founders Elected to National Academy of Sciences

    EnterpriseWorks startup founders and serial entrepreneurs Stephen Sligar and Ken Suslick were elected to the National Academy of Sciences on April 30, 2024. The National Academy of Sciences recognizes members due to their distinguished and continuing research achievements. Membership is determined by nomination and election by academy members and is a highly prestigious distinction in the science field. Stephen Sligar, founder of EnterpriseWorks startup Mobius Scientific, is a professor in the Department of Biochemistry at the University of Illinois. His research centers on metalloenzymes, membrane-bound receptors, and investigations in cancer signaling and cholesterol homeostasis. He currently serves as the Chief Technical Officer of Mobius Scientific in EnterpriseWorks at the University of Illinois Research Park. Mobius Scientific is changing the outlook for patients with progressive vision loss by developing nanodisc-delivered therapies. It is an early-stage, platform biotechnology company treating optical diseases by addressing their root causes. Ken Suslick is a professor in the Department of Chemistry at the University of Illinois and the founder of EnterpriseWorks startup Iridescent Sensors. His research interests include sonochemical synthesis, protein microspheres, and sensors and artificial olfaction. Iridescent Sensors is creating a field- deployable “optoelectronic nose” that can be placed in first responder vehicles and chemical workplaces to detect toxic chemicals. To learn more about this distinction, visit The National Academy of Sciences’s website.

    EnterpriseWorks Founders Elected to National Academy of Sciences Read Post »

    EnterpriseWorks Graduates Media Mentions Recognition & Awards Research Park

    EnterpriseWorks Graduate Prenosis Receives FDA Clearance on Sepsis ImmunoScore

    EnterpriseWorks graduate Prenosis recently announced the approval of its artificial intelligence-powered diagnostic tool for sepsis by the U.S. Food and Drug Administration. Sepsis occurs when the body has an extreme response to an infection, and it is often deadly. It is notoriously challenging to diagnose, but early detection is key since patients can deteriorate quickly. Prenosis’ diagnostic tool, called Sepsis ImmunoScore, uses 22 different parameters such as temperature, heart rate and cell counts to help clinicians assess a patient’s risk of sepsis. Prenosis was an EnterpriseWorks tenant from 2017 to 2018. Founder Rashid Bashir, Dean of Grainger College of Engineering, developed these technologies with his research group in the Micro and Nanotechnology Laboratory, along with Bobby Reddy. During its time at the Research Park, the Prenosis team earned a second-place prize in the 14th Annual Dale V. Cozad New Venture Competition. Now based in Chicago, Prenosis has been a longtime client of the Illinois FAST Center. Prenosis’ goal is to detect and prevent the majority of diseases before debilitating symptoms present themselves. By integrating biomarkers and clinical data, its diagnostics present real-time critical information, predicts future outcomes for patients, and expedites the delivery of optimal therapy. Prenosis’ approach stands out for its regulatory compliance and focus on safety and efficacy. The company plans to conduct further studies to demonstrate the tool’s accuracy and impact on clinical decision-making, with intentions to market it globally. “FDA authorization of a sepsis diagnostic tool with significant predictive power is a landmark event for people that could ever be at risk of sepsis at some point in their lives,” said Bobby Reddy, Jr, Ph.D. Read more on the CNBC newspage.

    EnterpriseWorks Graduate Prenosis Receives FDA Clearance on Sepsis ImmunoScore Read Post »

    EnterpriseWorks Media Mentions News

    Hinetics and Natrion Featured in Axios

    EnterpriseWorks startups Hinetics and Natrion were recently featured in Axios for driving the progression of the electric aviation industry. Electric planes capable of long-haul flights are coming closer to reality, with a focus on developing advanced batteries and motors. The leading pioneers in this area are Natrion and Hinetics, both EnterpriseWorks startups. With the development of a new generation of batteries beyond those used to power the electric cars of today, smaller electric aircraft and air taxis may be available as early as 2025. However, the ultimate goal is to electrify larger planes for conventional airport operations. The work of Hinetics and Natrion support this, as both are engineering high-efficiency electric applications to be used in aviation. “To fly an airplane you need two big things: power to propel them forward and energy to keep them flying for a long duration,” says Kiruba Haran, founder and CTO of Hinetics. Haran is focusing on superconducting motors that can generate megawatts of power to propel jets. Superconducting materials have no resistance, minimal heat loss and can carry more current, meaning less material — and less weight. Superconducting materials hold the promise of being “very efficient, very lightweight, power dense,” says Haran. Natrion is developing solid-state batteries that can tolerate much higher temperatures, making them safer than traditional lithium-ion batteries. This is enhancing safety and performance in aircraft applications. They also charge faster. Together, the innovations from Hinetics and Natrion are shaping the future of electric aviation, promising cleaner and more sustainable air travel. As smaller electric aircraft and air taxis come closer to commercial viability, the end goal remains the electrification of larger planes for commercial flight. With the expertise and dedication of companies like Hinetics and Natrion, the future of a greener and more efficient aviation industry is looking bright. Hinetics located to EnterpriseWorks in 2019 after becoming members of the POETS Engineering Research Center. This partnership gave Hinetics access to extensive prototyping and testing facilities within POETS, and more broadly, across the whole University of Illinois campus. With its commitment to minimizing carbon emissions, the start-up has demonstrated groundbreaking work, earning recent funding from several notable organizations including the National Aeronautics and Space Administration, the United States Air Force, the National Science Foundation, and the United States Department of Energy. The team at Hinetics is turning the future of clean energy into a reality. Natrion located to EnterpriseWorks in 2018, and is developing battery technologies that can push the capabilities of EVs by solving the biggest issues that automakers and battery manufacturers face. Its mission is to service the industry with solutions that will enhance the mainstream market viability of electric vehicles and advance the world closer to a future of clean mobility. Read more on the Axios webpage.

    Hinetics and Natrion Featured in Axios Read Post »

    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.”

    PSYONIC Set to Make Waves on Shark Tank Read Post »

    EnterpriseWorks Media Mentions Recognition & Awards Research Park

    EnterpriseWorks Startup Natrion Finalist in 2024 Edison Awards

    EnterpriseWorks startup Natrion was named a Finalist for the 2024 Edison Best New Product Awards. Natrion‘s Lithium Solid Ionic Composite (LISIC) is a finalist in the Battery Technologies category of Resilient & Sustainable Solutions. Finalists were selected by a peer-related voting body of executives, academics, and innovation leaders from across the world. Winners will be announced at the 2024 Edison Awards Gala in Fort Myers, Florida, on April 18, 2024. The Edison Awards have honored new product development since 1987. The Edison Best New Products Awards is an annual competition honoring excellence in new product and service development and is open to companies ranging from startups to multinational corporations. The award recognizes the persistence and excellence that also characterized Thomas Edison’s work. Natrion is developing battery technologies that can push the capabilities of EVs by solving the biggest issues that automakers and battery manufacturers face. Their mission is to service the industry with solutions that will enhance the mainstream market viability of electric vehicles and advance the world closer to a future of clean mobility. See a full list of Edison Best New Product Awards Finalists on its website.

    EnterpriseWorks Startup Natrion Finalist in 2024 Edison Awards Read Post »

    EnterpriseWorks Media Mentions Recognition & Awards Research Park

    Forbes: EnterpriseWorks Incubator Critical to Hypercell’s Startup Success

    Forbes examines the “secret sauce” for EnterpriseWorks startup Hypercell Technologies‘ success – partnering with leading universities such as University of Illinois Urbana-Champaign and its award-winning incubator. The proximity to other startups in the EnterpriseWorks ecosystem fueled discovery and the building of community. “Partnering with the University of Illinois at Champaign-Urbana has provided Hypercell with immense support, including access to low-cost lab supplies (due to the University buying power), access to shared lab equipment (avoiding major capital investments), access to a wide array of scientific experts (both University and other start-up company staff), and a very effective incubator program at EnterpriseWorks which included training programs, support for government grants and assistance with hiring,” shares Hypercell’s co-founder and CEO Bruno Jactel in Forbes. EnterpriseWorks provided meaningful partnerships, state-of-the-art lab facilities, and mentor opportunities for Hypercell. Above all, the incubator offers camaraderie, allowing entrepreneurs to learn from each other’s successes and failures. “We’ve been a great peer community of entrepreneurs and technology experts working together and sharing their experiences and expertise,” says Laura Appenzeller, executive director of the University of Illinois Research Park. “That type of innovation community fuels new discovery and better outcomes for translational science.” Hypercell recently received the top prize of $1 million in funding and strategic mentorship at the 2023 Grow-NY Business Competition, a food and agriculture startup challenge. Read the entire Forbes article online here.

    Forbes: EnterpriseWorks Incubator Critical to Hypercell’s Startup Success Read Post »

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