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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. 

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

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).

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

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. 

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

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.

Cynthia Faullin Rejoins EnterpriseWorks as Associate Director of Operations Read Post »

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).

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

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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EnterpriseWorks News Recognition & Awards Research Park

Cozad New Venture Challenge Teams Win Get Started Prizes, Affiliate Membership from EnterpriseWorks

EnterpriseWorks and Research Park awarded prizes valued at $30,000 to 10 teams who competed in the 2023 Cozad New Venture Challenge. CNVC kicked off in early February with over 100 competing teams representing 11 colleges. The teams attended 4 workshops on customer discovery, value proposition, financials, and presentation skills, besides optional skills development workshops. Nearly 90 startup teams made it to the Demo Showcase that took place on April 13 at the Illinois Conference Center at Research Park. Congrats to Zite AI, whose office is on the second floor of EnterpriseWorks, for capturing fourth place and winning a $5,000 investment. Zite AI makes small business owners’ dreams come true by helping them select the perfect location to open their business, increasing their revenues, and reducing the risk of failure. The team members represent Grainger College of Engineering (Industrial & Enterprise Systems Engineering). Get Started! Prize: Winners: The Get Started! Prize offers up to $5,000 per team to leverage professional consultants and experts to assist with company legal formation, branding, business strategy, and getting your team launched as a company. Services will be provided by Entrepreneurs-in-Residences on an hourly basis or approved regional professional firms. ClimeCast Enviro ReSeed Solutions Sakura MedTech Zite AI All finalists received Affiliate Membership at EnterpriseWorks. This includes use of co-working space, access to conference rooms, common areas, support services, and entrepreneur assistance. Enviro Sakura MedTech Zite AI Beacon Hatch Integrated Dynamics Top Tier CNVC is a campus-wide program that provides mentoring to teams through the phases of venture creation, and resources in idea validation, pitching skills, and customer development. The teams pitched their startup ideas to about 105 past Cozad alumni, investors, mentors, faculty, sponsors, and partners of the University of Illinois entrepreneurship ecosystem who served as judges. Past participants of the program include EnterpriseWorks graduates Mesh++, Prenosis, Cast21, Psyonic and Serionix, in addition to EnterpriseWorks startups Natrion and DeepWalk.

Cozad New Venture Challenge Teams Win Get Started Prizes, Affiliate Membership from EnterpriseWorks Read Post »

EnterpriseWorks News Research Park

Illinois AgTech Accelerator Launches Fifth Cohort with Five Startups

CHAMPAIGN, Il. – The Illinois AgTech Accelerator kicked off the 2023 gener8tor AgTech cohort on March 20, with Serra Ventures serving as a key partner. The accelerator is investing $100k in five high-growth AgTech and agriculture startups, providing a concierge, white-glove experience to each of them. EnterpriseWorks startup Boston Bioprocess is among the five companies chosen to participate. The others include Milwaukee-based Agricycle; Toronto-based Just Vertical; Brazil-based DigiFarmz Smart Agriculture; and Boston-based RevivBio. At the end of the program, startup founders will pitch their companies to investors, community partners and the public at a showcase event at Parkland College on June 6. The gener8tor AgTech Accelerator is designed to set a path for startups emerging ag and food technologies succeed by leveraging local, regional and global partnerships with investors, corporations and academic institutions. “We’re excited to partner with gener8tor to help support early-stage AgTech and Agriculture startups in the Midwest,” said Dennis Beard, managing partner at Serra Ventures. “Illinois is home to world-class institutions like the University of Illinois, and we believe this partnership can help grow the next generation of startups in the region.” Other program supporters include Agri-Fab, GEM Realty Capital, University of Illinois Research Park, Champaign County Economic Development Corporation, and BASF. Startup companies and founders interested in learning more about the Illinois AgTech Accelerator and resources or applying to a future program are encouraged to visit the gener8tor website.

Illinois AgTech Accelerator Launches Fifth Cohort with Five Startups Read Post »

Features News Research Park

AgTech Thought Leaders Highlighted in Latest Research Park Podcast

The most recent episode of the Innovations @ Research Park Podcast features interviews held on-location with several panelists and speakers from the Research Park’s 8th annual AgTech Summit held on March 7, 2023. They include: Kim Kidwell – Associate Chancellor for Strategic Partnerships and Initiatives at UIUC. Discusses UIUC’s continued presence in agtech innovation, among other topics. Brad Arnold- SVP, General Manager Precision, AGCO Corporation. Discusses trends in precision ag and data management among other topics. Michael Tai- Co-founder & CEO, Boston Bioprocess. Discusses importance of bioprocessing techniques for agricultural and non-food products such as alternative proteins, among other topics. Eric Barnard- Co-Founder and CTO at Farmers Risk. Discusses farmer risk management through advanced analytics, among other topics. Dennis Beard- Managing Partner & Tim Hoerr – CEO, Serra Ventures. Discusses venture capital investment in agtech space, among other topics. Nick Reinke- CEO, HabiTerre. Discusses quantifying agricultural outcomes, among other topics. Listen to host Tanmay Shaw’s conversations had with innovators live from the AgTech Innovation Summit in 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).

AgTech Thought Leaders Highlighted in Latest Research Park Podcast Read Post »