News

EnterpriseWorks News

Inprentus selected for NASA project

Inprentus, a recent EnterpriseWorks gradute, has announced this week that it has been selected to participate in a project by NASA. Inprentus was founded in 2012 by University of Illinois physics professor Peter Abbamonte. It was created to manufacture diffraction gratings, an advanced prism used in laboratories around the world after Abbamonte recognized the need for such prisms for research. Inprentus is able to manufacture diffraction gratings with 2,500 grooves per millimeter that separate electromagnetic waves allowing researchers to better understand what a material is made of and how that material will react in different scenarios. Ron van OS, Inprentus CEO said diffraction gratings can “actually look in real time how plastic will behave under stress.” The company has grown to 15 employees and now operate in a “state of the art” facility in Champaign. The company is pairing with NASA to create a diffraction grading that could someday make its way to space. “We’re actually making a grating for them to go up in space and to take a picture of the corona of the sun” said van Os. Read the full story on the News-Gazette. 

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News Partnerships & Acquisitions Research Park

COUNTRY Financial Partners with University of Illinois to Foster Technology Innovation

Champaign, Ill. – Nov. 3, 2017 – COUNTRY Financial is investing in student research with an eye on the technological needs of the future. The insurance and financial services company opened a digital innovation lab in the Research Park at the University of Illinois at Urbana-Champaign this fall. The DigitaLab has been established by the COUNTRY Financial Information Technology Services (ITS) Department to develop and innovate digital projects, with an emphasis on mobile app development. “With a top-five ranked engineering and computer science program, the U of I is a perfect partner as we grow our digital skills and reach out to new talent,” said Kurt Bock, Chief Executive Officer at COUNTRY Financial. The University of Illinois Research Park, which connects private industry with faculty researchers and students, has more than 110 resident companies including leading corporations and deep-tech startups. “COUNTRY Financial’s interests match many strengths of our campus, from agriculture to finance to computing,” said University of Illinois at Urbana-Champaign chancellor Robert Jones. “The new DigitaLab will provide even more experiential learning opportunities for our students.” Putting a team in place Full-time site manager Julia Hart was named in September to lead the efforts at the DigitaLab, which has 2,600 square feet of work space. She will supervise 10-12 students who will work in the lab at U of I and act as the liaison to the University and other COUNTRY employees. A bright future Recruitment efforts are underway to find students who will be on the front lines of application development and enhancement. “The DigitaLab will help us explore new ways of working but also provide a growth opportunity for students just beginning their careers.” Brad Hildestad, Executive Vice President and Chief Information Officer at COUNTRY Financial. “It’s an exciting environment to experiment with our digital capabilities understand what we can do and iterate further. We can’t wait to get started.” About COUNTRY Financial®            COUNTRY Financial® (countryfinancial.com) serves about one million households and businesses throughout the United States. It offers a wide range of financial products and services from auto, home, business, farm and life insurance to retirement planning services, investment management and annuities. Find news coverage of this event here and here.  View photographs from the event here.  

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News

Anheuser-Busch and Agrible Relationship Improves Barley Production with Big Data

Anheuser-Busch InBev utilizes Agrible’s Morning Farm Report in order to enhance AB InBev’s existing SmartBarley Platform, which aims to leverage data, technology and insights. Agrible, an EnterpriseWorks graduate, has been working with AB InBev since 2016. Since then, their relationship has developed beyond the United States into a major international expansion across multiple countries, such as with South Africa, Uruguay, Brazil and Argentina. On the home front, the Agrible and AB InBev Bud Analytics offices are neighbors at the University of Illinois Research Park. Leaders at AB InBev stress the significance of big data, with Global Director of Ag Innovation Katie Hoard explaining, “We are the biggest user of malted barley, so it was up to us to make sure barley remains sustainable and competitive so farmers will want to continue growing it.” Using big data and analytics to measure efficiency allows the company to take a more holistic approach to the farming process, and eventually build a global sustainability view. Paul Miller, Chief Science Officer for Agrible, understands that, “The road to achieving a sustainable global supply chain isn’t an easy one, and we want to help address those challenges with technology and teamwork.” For the full article, visit Chief Executive.  

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News Research Park

Indigo Agriculture, Boston’s “Unicorn Startup,” to open office in Research Park

September 29, 2017: Indigo Agriculture, an ag-tech startup that began in Massachusetts, is opening an office in Research Park to add to the growing number of ag-tech companies in the park. Indigo Agriculture treats the seeds of America’s most important cash crops so they become more disease resistant. It treats the seeds with a combination of naturally occuring bacteria and fungi that are already found in plants. This treatment makes it so that farmers have a better chance at producing disease-free crops that can ward off the harmful effects of drought, poor soil, and pestilence. Investor enthusiasm is growing fast, as the company announced on Tuesday that it had raised $156 million, giving the company a valuation of $1.4 billion. To read the full story, click here.

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News Partnerships & Acquisitions

AB InBev and Agrible Announce Global Partnership

September 20, 2017: Anheuser-Busch InBev Lab and Agrible, Inc., both located in the Research Park, are partnering up. The goal of the partnership is to improve barley production while simultaneously minimizing environmental impact. This partnership will make it easier for farmers around the world to access better data and predictive analytics on crop management and climate effects. Agrible is an AgTech startup that began here at the Research Park and is aiming for better and more productive crop production while working toward the goal of a sustainable food supply for the future. It supplies products to growers worldwide that help them access better data and run farms more efficiently. AB InBev is the largest brewer and user of malt barley in the world. It creates products like SmartBay, a platform and incubator that leverages data and technology to better help growers worldwide solve challenges to improve productivity and environmental performance. The companies have partnered up before. In 2016, the two joined forces on project that worked to forcast barley yield and quality factors through better crop modeling and predictive analytics for American farmers. This project soon went international. Now, the two companies will merge technology to make the products even more effecient. Agrible will allow AB InBev to access it’s product, Morning Farm Report, to enhance SmartBay. The companies will also work together on the goal of sustainability in areas like water use, land efficiency, and the carbon footprint. Agrible and AB InBev are leaders in the market of connecting farmers with real-time data and insights straight from the field. To read the full press release click here.   

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News Research Park

Agrible Raises $9.7m of $15.7m for Series B Funding

Agrible, an agtech startup located in the Research Park, has raised $9.7 million out of a $15.7 million Series B round of funding. Investors include Maumee Ventures of the Andersons Grain handling company, Flyover Capital, Archer Daniels Midland, Serra Ventures, and a new investor, iSelect Fund, which is a venture capital fund for high net worth investors in the MidWest.  Agrible plans to use some of the Series B funding to increase the number of integrations with third party providers that are looking to be incorporated into Agrible’s platform of products and services. Current integrations include MyJohnDeere, a tool called DriftWatch that measures environmental impact, satellite imagery startup AstroDigital, CropCopter, and more. Additionally, the funding will go toward scaling the company’s goal of sustainablity. Cynthia Bruno, chief strategy officer at Agrible, believes that this Series B round of funding proves that Agrible is a leader in the agtech industry at working to create a sustainable supply chain. Since 2007, Agrible has been making strides in the farming and agriculture community and working toward the goal of increasing food production by 60% by 2050. Founders Bill Northcott, Chris Harbourt, and Paul Miller met in 1997 while working toward higher degrees at the University of Illinois. The three of them realized they had some ideas that were a little too advanced for the technology of the time period, and they would need some help reaching their goals and achieving their dream. In 2013, Agrible opened an office at the EnterpriseWorks incubator where they had more access to resources that were needed to bring their products to fruition. With the help of resources available at the Park and at the University, Agrible launched its first product, Morning Farm Report, and made connections in the community with growers and other Research Park companies. Venture capital firm Serra Ventures is also located in the University of Illinois Research Park. Find updates to the story here.

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News Partnerships & Acquisitions Research Park

Granular Acquired by DuPont in Efforts to Help Farmers Run More Profitable Businesses

August 9, 2017: DuPont, a world-renowned science and engineering company that focuses on agriculture and nutrition, advanced materials, and bio-based industrials, has aquired Granular, a San Francisco agriculture software company that has its regional headquarters at the University of Illinois Research Park. The purpose behind this aquirement is primarily to accelerate the digital agriculture strategy, which will lead to farmers running more profitable businesses. Since being founded in 2014, Granular has made its mark on the agriculture industry as a company that makes it easier for farmers to manage a large farm and use pinpointed data to make calculated and accurate business decisions. In addition, Granular operates AcreValue.com, which is currently the leading digital marketplace for farmland real estate. Sid Gorham, Granular’s co-founder and CEO, will continue as the the leader of Granular, as well as the new leader for Digital Agriculture for DuPont. This will include responsibility for Encirca services, which is DuPont’s agronomic software business. This aquisition will connect growers, analytics, and public and private data, which will enhance Granular and DuPont’s mutual dream of a more digitally connected and sustainable agriculture industry. James C. Collins, DuPont’s Executive Vice President, said “This aquistion is an important component of our commitment to leading and shaping the agtech market.” Delivering more value to growers throughout the world is a vision that has been shared by Granular and DuPont, even before aquistion. “We started Granular to make an big impact on the business of farming” said Sid Gorhman.  “I am confident that as a part of DuPont we will make a bigger impact even faster. Dupont shares our vision for using technology to help farms improve their dollar yield, not just their bushel yield. We are excited to pursue that vision together.” Granular will continue to maintain its office in the Research Park. To read the full press release, click here.

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EnterpriseWorks News

EnterpriseWorks Startups Changing the World of Agricultural Technology

Illinois Farmer Today highlights an array of EnterpriseWorks startups that are creating innovative solutions in agriculture.  The talent pipeline leads to finishing projects more efficiently, which makes Research Park an ideal location to harness the agricultural tech industry. Tech has been driven by Silicon Valley, but it makes sense to have a base here where there is a strong relationship with the agricultural community, says Laura Freichs. Soil Diagnostics focuses on crops, and helps growers manage their their soil through cutting edge, low cost, high resolution monitoring services for soil nutrients and soil-dwelling pathogens to enable growers to maximize their profitability while reducing their input costs. Transitioning to livestock management, Aptimmune Biologics Inc. focuses on bringing effective prophylaxis against Porcine Reproductive and Respiratory Syndrome (PRRS) virusinto the market. Another successful agtech startup is Ag-Sensus, who enable growers to retrieve their own near-real-time, high resolution images of their crops through an easy-to-operate personal remote sensing system. Earthsense utilizes robots to provide advice for farmers, ranchers, and other land managers by detecting issues up close. Intelinair delivers actionable insights using aerial imagery analysis and deep learning methodologies & algorithms focused on the agriculture industry. Graduate companies of the EnterpriseWorks Incubator also continue to thrive, such as agriculture-tech company Agrible. “They are our best success story. They have grown the fastest,” says Laura Frerichs. Research Park also hosts an annual Ag Tech Summit, where hundreds of participants from startups and large agricultural companies alike all gather in Champaign to exchange ideas. For more on EnterpriseWorks ag tech startups, read the full article on Illinois Farmer Today.    

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News

Research Park Honors Most Valuable Interns of 2017

CHAMPAIGN – Research Park’s most influential and valuable interns were honored on Thursday, July 27, 2017 at the Research Park Summer Intern Picnic.  Almost 600 highly skilled students work for Research Park tenant companies, where they gain valuable work experience and make significant contributions to internal corporate research and development programs. They also are able to work on valuable projects and build their professional networks and personal skillsets with by being exposed to scenarios that cannot be learned in the classroom. The interns nominated for this year’s intern awards represent a wide range of skills and backgrounds, and are all students at the University of Illinois. A team of Research Park professionals evaluated all nominations and determined the finalists and winners. The honorees are as follows: Best Technological Innovation Dario Aranguiz, Research Intern, Petronics. “Dario is confident and persistent. If he believes something is possible when others are skeptical, he will work at it until he proves them wrong. He is an extremely fast learner, and is great at bouncing ideas around. His work on single pixel SLAM is absolutely outstanding for any employee, let alone an intern.” Dario is incredibly close to demonstrating single pixel SLAM, which, if successful, will bring capabilities to our robot never before seen in a commercial product. He has helped us stretch the bounds of what functionality is possible to provide from a robot at this price”  Finalists: Wanxin Bai, Gartner; Daniel Gardner, OceanComm   Most Outstanding Undergraduate Student Roshen Samuel, Market Research Analyst, Abbvie. “Roshen would gather, document, and ingest information for all relevant vendors and technologies-effectively becoming a local subject matter expert for numerous systems competing to solve the same business challenge. In many cases, Roshen needed to reach directly out to vendors to setup meetings and gather additional information. Roshen not only built a deck summarizing all of his findings and analyses, but also presented the deck.”   Finalists: Luke Calian, IllinoisRocstar LLC; Daniel Yuan, Reconstruct Inc.   Most Competent and Collaborative Team Andrew Steveson and Ethan Wisniewski, Medical Device Design Engineers, Cast21. “Andrew and Ethan work exceptionally well together. They convene each morning to discuss plans to achieve their self-set, large goals to make the best product for Cast21. Andrew and Ethan have done far and away more than anyone could possibly imagine for engineering interns. Andrew and Ethan fearlessly volunteered to represent our company at conferences and events around the country.” Finalists: Rui Xia and Yiming Wang, AAPR; John Capozzo, Shimul Chaudhary, Fangyu Wu, Syngenta   Most Advanced Marketing and Business Development Alexa Musgrove, Graphic Design Intern and Botanical Illustrator, Agrible. “Alexa works well as a member of a team, she looks for ways to support others and finds areas that she can help in. If she completes all her assigned work, or if it’s temporarily blocked, she will be proactive and see how she can help others on the team complete their work. She goes back to perfect details in her work, accepts critique, and makes revisions with a positive attitude. She strives to learn, not only at work but also on personal time, by pursuing a certificate in interactive design, pro-bono work for other companies in Research Park. She sets an example to us all with her work ethic, positive attitude, and communication skills.”   Finalists: Jacob Ebens, AARP; Kshitij Inamdar, Brunswick Corporation   Most Outstanding Graduate Naila Bushra, Technical Developer, Oath (Yahoo!.) “Naila’s work ethic and initiative combined with her research experience provide a potent combination to knock down barriers and solve research problems. Unafraid to propose novel methods, she has greatly improved many of our internal processes. She has identified bugs in our analytic pipelines and improvements to how our data is stored and processed. In her brief time here, she has demonstrated a skill in technical ability above and beyond an entry level graduate employee conducting most of her work with minimal supervision and guidance.” Finalists: Fikriyah Winata, State Farm; Yang Liu, Caterpilar Inc   Best Entrepreneurial Leadership in a Startup  Daniella Kalume, Laboratory Student Intern, SpectroClick. “Daniella is diligent, efficient, and timely. She works independently, realizes when she needs help or guidance, learns quickly, and then pushes on to the next goal. She has been more effective than the only other lab person I’ve had in the lab. Ms. Kalume has deftly carried out laboratory duties and performed well enough that she has clarified what problems we face in making foolproof analytical methods.” Finalists: Elizabeth R. Livingston, Illinois Rocstar LLC; Wiley Jones, Petronics

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News Recognition & Awards Research Park

Oath (Yahoo) at the Research Park Leads $1 Million Donation to Local Champaign-Urbana Charities

The Yahoo Employee Foundation (YEF) will award nearly a million dollars in grant money to three local not-for profits at a brief ceremony this Wednesday July 12 beginning at 12:30pm on the Oath (Yahoo) campus 1908 S. First Street in Champaign. Habitat for Humanity of Champaign County, Don Moyer Boys & Girls Club, and the Eastern Illinois Foodbank will each receive checks for $320,000 from YEF based on the strong partnerships and high program impact from previous YEF funding. Champaign, IL  The Yahoo Employee Foundation (YEF) will award nearly a million dollars in grant money to three local not-for profits at a brief ceremony this Wednesday July 12 beginning at 12:30pm on the Yahoo campus 1908 S. First Street in Champaign. Habitat for Humanity of Champaign County, Don Moyer Boys & Girls Club, and the Eastern Illinois Foodbank will each receive checks for $320,000 from YEF based on the strong partnerships and high program impact from previous YEF funding. Through YEF, Yahoo employees have been able to champion important causes and impact organizations around the world. Since 2000, YEF awarded over $35 million through more than 1,200 grants to organizations chosen by Yahoo employees. With the acquisition of Yahoo by Verizon, YEF will be distributing the balance of remaining funds, including the three local organizations selected by their effective use of YEF funding in previous funding cycles. Sheila Dodd, of Habitat for Humanity, Sam Banks, of Don Moyer Boys & Girls Club, and Jim Hires, President and CEO of the Eastern Illinois Foodbank will be on hand Wednesday to receive the funds and provide acknowledgements for these generous donations.

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