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EnterpriseWorks Media Mentions News Research Park

EnterpriseWorks startup Natrion listed as a leader in TechCrunch

Natrion CEO Alex Kosyakov was pleasantly surprised to find that his company was recently listed as a startup leader in battery component technology by popular tech news outlet TechCrunch. “I spoke to Haje [the article author] earlier in June and I thought he was just researching the industry more broadly… I had no idea that he would write so much about Natrion, so that was definitely a pleasant surprise when the article came out.” – Alex Kosyakov, Natrion CEO At EnterpriseWorks, Natrion aims to resolve some of the greatest issues that automakers and battery manufacturers face today by pushing the capabilities of battery technologies. With electric vehicles (EVs) becoming increasingly more popular and desired within the mass market, their mission is to offer power alternatives for electric vehicles, taking a step closer to cleaner mobility. TechCrunch name-dropped the startup in a summary of the LG Energy Solution Battery Challenge, in which Natrion ranked as one of the top 10 finalists, competing against 116 other startups from 22 countries. Natrion placed at the Challenge with its polyer-ceramic solid-state electrolyte material, called the lithium solid ionic composite, and their impressive demonstration of their high-performing solid-state lithium-metal battery cells. TechCrunch wrote, “If Natrion can scale up its production, which it believes it can, then it could bring about considerable changes to battery technology.” Other than the feature, what truly shocked Kosyakov was that Natrion was featured alongside some of the biggest industry players, including Nissan, Ford, and Mercedes-Benz. “What we appreciate most about it is that [the writer] begins the piece with an overview of the larger, more established, and better funded players in our industry before pivoting to talking about us,” elaborated Kosyakov. “Even though we’ve raised 100 times less money than some of the other companies in the space, we’re right there with them. As far as technological process, it’s nice to be acknowledged like that.” Natrion is a team of 18, and expects to scale-up significantly, especially in terms of production and yield optimization. Currently the team is prototyping systems and processes, with the intention of building a pilot production line in 2024. To track Natrion’s progress, contact them HERE. Read TechCrunch’s full article HERE.

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Features Media Mentions News Research Park

The University of Illinois is Creating a Unique Location for Semiconductor Growth

The University of Illinois Research Park was recently featured in an IntersectIllinois article covering the SEMICON West Conference happening this week, July 11-13, 2023, in San Francisco, California. The article discussed the challenge faced by the global microelectronics industry in finding a location with like-minded companies and talent to grow the semiconductor workforce and expertise. Illinois is considered to be a state in a unique position, being able to offer a wide variety of manufacturing and tech opportunities. Intersect Illinois wrote that Illinois is the “perfect location for semiconductor companies” and called out the innovation happening in the Research Park. Several companies mentioned in the article emerged from the EnterpriseWorks Incubator, including Cygnus Photonics, Inprentus, Starfire Industries, and TipTek. Of those companies, TipTek and Cygnus Photonics are still part of the Research Park ecosystem. InteresectIllinois noted that this region has the “talent, location, infrastructure, ecosystem, and support” needed for semiconductor growth, and Research Park’s role in the industry is not going unnoticed. Read the entire article on the Intersect Illinois website.

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Community Events News Recognition & Awards Research Park

2023 Research Park Table Tennis Tournament

The 12th Annual Research Park Table Tennis Tournament took place Tuesday, June 27, and Wednesday, June 28, 2023. It was a great success, with 64 participants from 17 companies across the Research Park playing in 3 categories (beginner, intermediate, and advanced) in a competition for the coveted Golden Paddle.   Here is the full list of winners from each individual bracket:  Beginner  1st: Suneeth Sathyanathan, Graybar  2nd: Bandhuli Maity, Synchrony  3rd: Tarun Bathini, Synchrony, and Linyao Li, Yahoo!  Intermediate  1st: Manav Das, Caterpillar  2nd: Pranav Gaka, Capital One   3rd: Hitesh Vijan, Country Financial, and Ryan Biju Sebastian, Country Financial  Advanced  1st: Fei Deng, Yahoo! 2nd: David Lomiashvili, Identomat  3rd: Neelan Coleman, Yahoo!, and Asim Chitre, Synchrony  The results of Round-Robin games on day one were used to seed participants for the single-elimination tournament played on day two. In these games, companies were awarded points based on the placing of their players. First-place winners received five points; second-place winners received three points; third-place winners received one point. Yahoo!, having received the highest number of points across all brackets, won the Golden Paddle for the 9th time.  More photos from the event can be viewed in our media gallery. Learn more about this event on the Table Tennis Tournament page.

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EnterpriseWorks News Partnerships & Acquisitions Research Park

HabiTerre to collaborate on Carbon Breakthrough in Agriculture with Arable and Shell

EnterpriseWorks startup HabiTerre is playing a critical role in an important collaboration between industry leaders Arable and Shell to create a breakthrough in carbon management. The startup helps financial institutes, public agencies, and individual producers to quantify, manage, and reduce financial risks in the farming-related business. By commercializing technology made on campus, the green initiative aims to make an impact on mitigating the effects of climate change by enhancing carbon monitoring in agriculture. Together, the two companies are pooling university resources to develop technologies that will track and measure the carbon footprint of agricultural production, enabling farmers to reduce their emissions while improving their yields. HabiTerre CEO Nick Reinke says that the company “is proud to support this innovative project, which holds the exciting potential to advance sustainability worldwide.”   The company’s unique ecosystem of metering instruments, cloud-based analytics, and crop models are essential in creating a comprehensive understanding of the overall carbon cycle of agricultural production.  Habiterre’s tools allow Arable and Shell to more accurately measure and analyze the effects of changes to carbon models, such as composting, cover crops, irrigation, and fertilization, to determine how to best reduce emissions. The Intergovernmental Panel on Climate Change suggests that up to 10 gigatons of CO2 need to be removed from the atmosphere annually in order to reach global emissions reduction targets, up to half of which could be captured by leveraging agriculture. HabiTerre’s technology plays a key role in this approach, enabling Arable and Shell to pursue their ambitious carbon reduction initiative and foster the unlocking of potential benefits across the global agricultural industry.  Read the full article on the Arable website. 

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Features News Research Park

Brandon Yates, Founder and CEO of DeepWalk featured in Latest Research Park Podcast

The newest episode of the Innovations @ Research Park podcast features Brandon Yates, Founder and CEO of DeepWalk, a company which is the product of the entrepreneurship programs at the University of Illinois at Urbana Champaign and the University of Chicago. Founded in 2019, the company participated in university-sponsored programs such as the Cozad New Venture Challenge NSF iCorps, iVenture Accelerator, and Polsky College New Venture Challenge.  Brandon and his team are on a mission to create AI-powered solutions for the city planners and engineers that build important public infrastructure that we rely on every day.  In this episode of Innovations at Research Park, host Tanmay Shaw speaks with Brandon Yates, about how Artificial Intelligence technology can help simplify public works compliance.  He explains how their AI platform removes the need for manual input, reduces the number of data points, and automates compliance with multiple standards. He also shares examples of how the technology has been successfully employed by different sectors, including transportation and energy.  Brandon provides insight into the future of DeepWalk as they continue to create innovative solutions for customers. This episode provides a great overview of the company’s AI platform and how it can help public works compliance processes. To listen to more of the conversation that Tanmay Shaw had with Brandon Yates about his journey Simplifying Public Works Compliance with AI, tune in to the latest edition of the Innovations @ Research Park Podcast. To listen to the podcast, visit Apple 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? Contact Laura Bleill (lwbleill@illinois.edu).

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EnterpriseWorks News Recognition & Awards Research Park

Natrion Named a Finalist in the 2022 LG Energy Solution Battery Challenge

EnterpriseWorks startup Natrion has been named a finalist in the LG Energy Solution Battery Challenge 2022 for its work in developing and scaling up solid state lithium metal battery technology.  Natrion, a clean energy technology startup, impressed the judging panel with its developments in solid state lithium metal battery technology, leading to it being selected as a finalist. Natrion is one of 11 finalists from around the world competing for the challenge.  “We’re deeply grateful and honored to advance and get recognition in this competition,” said Natrion co-founder and CEO Alex Kosyakov. “The opportunities that lie in potentially working together with an industry leader like LGES are boundless. This is something that can really accelerate Natrion’s path to commercialization.”  The Battery Challenge 2022, which is part of LG’s larger effort to develop next-generation energy storage solutions, aims to recognize pioneering technologies related to battery recycling, manufacturing, and energy storage.   Winners of the challenge will be eligible to receive up to $1 million in funding and research contracts. 

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EnterpriseWorks News Research Park

Cynthia Faullin Rejoins EnterpriseWorks as Associate Director of Operations

The Research Park is thrilled to announce that Cynthia Faullin, who brings 10 years of intensive experience with deep-tech startups and entrepreneurs, will return to EnterpriseWorks as the Associate Director for Operations starting June 20. Faullin will serve as the primary touchpoint for EnterpriseWorks tenants and affiliated entrepreneurs, ensuring that the facility meets the needs of its entrepreneurs and startups, both physical and programmatic. She will be responsible for overseeing leasing and property management for the building and its grounds. For the past two years Faullin was the Director of Innovation and Entrepreneurship at the University of Illinois-Chicago. There, she oversaw the Technology Innovation Lab which provides laboratory and office space to UIC early-stage startups as well as programming and consulting for entrepreneurs who are commercializing research-based technologies. Faullin first joined EnterpriseWorks in 2014, developing extensive knowledge of the complexity of academic tech entrepreneurship. She was well known for her customer-centric, engaging approach to accomplished CEOs and the entrepreneurial curious alike. Prior to her first stint at EnterpriseWorks, Cynthia spent 10 years in commercial real estate where she was part of a team that specialized in mixed-use development in downtown Champaign. She previously worked on the UIUC campus in undergraduate academic affairs and later career services. Cynthia is a proud Canadian, and has Bachelor degrees in English Literature and Women’s Studies from Queen’s University in Kingston Ontario.

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Features News Research Park

Paul Miller, EnterpriseWorks Entrepreneur-in-Residence, highlighted in latest Research Park podcast

The newest episode of the Innovations @ Research Park podcast features Paul Miller, an EnterpriseWorks Entrepreneur-in-Residence, and Co-Founder of Agrible, a company that provides real-time agronomic information and sustainable solutions through long-term, scalable sustainability programs for growers, ag-retailers, and consumer packaged goods companies to take action. Miller, who started his career as a software engineer, has since founded numerous companies. He has found success in the technology industry, first with his startup, Motivote, and then with Flats or Spikes.  In the podcast, Miller discussed the importance of having a team of diverse people from different backgrounds and perspectives. He also spoke about the need to be resilient and take risks to achieve success.  “I’m a huge believer in taking risks and learning from failure,” said Miller. “If something doesn’t work, you have to find a different way to get the job done. Don’t be afraid to take risks and think outside the box.”  Miller also emphasized the need to listen to customers and understand their needs. He explained that customer feedback can provide valuable insights into how to improve products and services.  “It’s important to really listen to your customers and understand their needs,” said Miller. “You have to take their feedback into account and use it to make your products and services better. That’s how you create a better product that people want to use.” Miller’s podcast is the latest in a series of podcasts from Innovations at Research Park, which seeks to highlight the success stories of entrepreneurs and innovators in the research park and beyond. To listen to more of the conversation that Tanmay Shaw had with Paul Miller about his journey as a serial entrepreneur and learn more details about his company, tune in to the latest edition of the Innovations @ Research Park Podcast. To listen to the podcast, visit Apple 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? Contact Laura Bleill (lwbleill@illinois.edu).

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Community Investments News Research Park

DeepWalk Raises $1.4M in Seed Funding to Scale City Sidewalk Accessibility Solution

DeepWalk, an automated measurement company whose first product streamlines the wheelchair sidewalk accessibility process for cities and universities, announced the close of a $1.4M seed investment from CEAS Investments on May 1, 2023. The investment brings DeepWalk’s total financing to $1.8M. The funding will support the rapid growth fueled by increased infrastructure funding, shifts in Americans with Disabilities Act (ADA) guidelines, and new capabilities in LiDAR sensor technology. DeepWalk’s iPhone scanning app makes a 3D model of the sidewalk, then uses machine learning to inspect it for compliance with the Americans with Disabilities Act. The software then generates the maps, reports, and construction documents cities need to make the sidewalk accessible for people with disabilities. The new funding will enable DeepWalk to scale its automated measurement processing to address the rapidly growing demand from cities, universities, and the engineering consultants that serve them. In 2022, DeepWalk’s software was used to perform more than 3,000 sidewalk accessibility inspections across Danville, Peoria, and Corinth. This data is being used to plan construction projects to improve sidewalk wheelchair accessibility. The Department of Justice requires every city and university to inspect their sidewalk system for accessibility issues, then create a Transition Plan to address those issues. Failing to do this often leads to multi-million dollar lawsuits: Seattle ($294M), New York ($1.4B), Los Angeles ($1.6B). DeepWalk supplies the tools to simply reach and implement these accessibility requirements. “As a City Engineer, the data we get from working with DeepWalk helps us comply with ADA Transition Plan requirements and be more informed when making decisions about the hazards and needs in our community. It also shows our community that we are being proactive about the issue of accessibility. The DeepWalk process is pretty hands off for managers as the technology allows capable interns to lead the charge. After completing an assessment of about 20-25% of Danville’s sidewalks, we are excited to continue the process. The best part is that the technology, data, and dashboards that DeepWalk provides are always improving, providing even more value than when we started,” said Sam Cole, a client and City Engineer of Danville, IL. DeepWalk’s main focus for 2023 is growing its consulting partner program. The program allows civil engineering consulting firms and data collection firms to offer DeepWalk sidewalk inspections as a service to their city and university clients. DeepWalk’s software automates the cumbersome data collection process for their sidewalk-related projects and gives their clients a simple path to Americans with Disabilities Act Compliance. DeepWalk’s iPhone-based data collection process requires less than 15 minutes of training, allowing them to rapidly deploy the solution across hundreds of clients nationwide. DeepWalk’s technology isn’t just limited to sidewalks. The team is piloting a new batch of inspection types including traffic signals, transit stops, crosswalks, and building entrances. These new products were requested from cities, universities, and consultants already working with DeepWalk. The technical team has also been experimenting with other data collection systems such as drones, car-mounted LiDAR, satellite, and tripod-based survey equipment. The 3D models from these systems can be fed into their existing software, greatly increasing data collection speed and the types of inspections DeepWalk can automate. “As cities continue to focus on accessibility as a means to support growth, DeepWalk is poised to provide an easy and cost-effective solution to the presently complicated process of becoming ADA compliant. We are excited to partner with DeepWalk and look forward to seeing cities continue to leverage DeepWalk to attain ADA compliance,” said Blake Hatten, Venture Analyst at CEAS Investment Team. “We’re excited to lead the charge on bringing AI-enabled engineering solutions to the city engineers that build and maintain the infrastructure that we rely on every day,” said Brandon Yates, CEO of DeepWalk. About DeepWalkDeepWalk is a product of the entrepreneurship programs at the University of Illinois at Urbana Champaign and the University of Chicago. Founded in 2019, the company participated in university-sponsored programs such as the Cozad New Venture Challenge, NSF iCorps, iVenture Accelerator, and Polsky College New Venture Challenge. The cofounders Brandon Yates (Civil Engineering, UIUC Class of 2021) and Anshul Shah (Computational Physics, UIUC Class of 2021) have been pursuing the company full-time since May 2021. They were supported by pre-seed investors such as Illinois Ventures, LongJump, Mark Tebbe, Manu Edakara, Jonathan Prigoff, Alex Davies, Jill Soley, Jacob Isserman, and Emily Aron. The team has been based out of the University of Illinois Research Park, EnterpriseWorks incubator since 2021. The DeepWalk team is changing headquarters to Chicago (620 LaSalle in River North). “The University of Illinois Research Park is the perfect place to found a tech-based startup. Extremely high access to talented technologists with skillsets in machine learning and computer vision that are very challenging to find elsewhere. Our company is a blend of Civil Engineering, Computer Science, and Entrepreneurship (All areas where the University of Illinois is a nationally recognized leader). “The shift to Chicago allowed us to more easily hire mid-level software engineers to help mature our technical stack. Chicago’s central location and reasonable cost of living gives it a significant edge over other tech hubs in the US. It also has a rapidly growing startup ecosystem that we are excited to join.”– Brandon Yates, CEO of DeepWalk

DeepWalk Raises $1.4M in Seed Funding to Scale City Sidewalk Accessibility Solution Read Post »

News Research Park

Verizon’s Champaign Innovation Hub To Host Open Hours, Welcome Visitors

The Verizon 5G Innovation Hub at EnterpriseWorks is now hosting open hours where guests can explore how the next generation wireless technologies can benefit their work, their research, their business, or their community. During the open hours, Verizon’s Champaign Innovation Hub advisor will provide an overview of the hub, the technologies, and address questions. This Hub is equipped with a private wireless network with the latest 5G technologies. It is independent from the Verizon commercial network, and some of the technologies are more advanced than what’s been deployed in the commercial network. It can support innovative development work such as new device testing, application/network integration, and edge computing. See the Research Park calendar for specific dates and times; virtual visits are also available. The Hub is located at EnterpriseWorks Room 209 (second floor). EnterpriseWorks is located at 60 Hazelwood Drive, Champaign. Parking is free. There is also bus access via the LINK on MTD.

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