NSIV is pleased to announce that Marc Bazin, founder and president of HepatoChem, Inc., has joined the advisory board of the Life Sciences Consortium of North Shore. In this role, Marc provides an entrepreneurial perspective on the many facets of being a biotech startup.
Congratulations to NSIV graduate 7AC Technologies for raising $1 million in venture financing from 31 investors. Founded in 2009, 7AC develops a highly disruptive membrane-isolated plastic plate technology for use in commercial and industrial liquid desiccant HVAC applications and in air conditioning and cooling. Reportedly, the new technology drastically cuts energy costs for heating and cooling, and radically improves de-humidification performance. For more information, go to www.7AC Technologies.
CROWDCOMFORT ANNOUNCES $273,000 ROUND OF SEED FUNDING CrowdComfort platform crowdsources building maintenance and comfort reporting Beverly, MA – December 4, 2013—CrowdComfort, a sustainable clean energy technology company that helps facilities managers make faster decisions by crowd-sourcing geo-located building maintenance and environmental compliance data in real time, has raised $273,000 seed round led by CrowdComfort’s founding team. Investors include several angel investors and one corporate investment.
Don Seiffert BioFlash Editor- Reprinted from Boston Business Journal, Nov 5, 2013 Cell separation startup to have experiments done on space station A Beverly startup working on an improved way to isolate cells for research is planning to do its next experiment more than 200 miles away – straight up. Quad Technologies LLC, a MassChallenge company founded last year, has received a grant worth about $1 million to study the effects of microgravity on the manufacture of its separation technology on the International Space Station.
What an extraordinary achievement…Quad Technologies has been nominated as one of the top 26 finalists in the MassChallenge 2013. Imagine making the final cut in a global competition in which 128 finalists were selected out of a pool of more than 1,200 candidates. NSIV is so proud to have Quad Technologies as a biotech member.
We are proud to announce that Founder & CEO of RAN Biotechnologies Roger Nassar has been selected as a Regional Laureate from the YEi’13 competition.
Congratulations to New England Hydropower Company (NEHC) for its big win in securing a $200,000 recoverable grant for its partner JAL Hydro through the Rhode Island Economic Development Corporation (RIEDC). The grant will be used to evaluate the feasibility of developing a low-impact, run-of-the river hydropower project using NEHC’s Archimedes Screw Generators. NEHC has pioneered the introduction and acceptance of this proven technology in the United States, where it has been in commercial use in the United Kingdom and Europe for the past decade.
New NSIV member Apptomics is already winning business plan competitions. Salem State University’s Enterprise Center has announced the company won first place at its ninth annual North of Boston Business Plan competition, which helps start-up companies develop their businesses.
On Wed, May 22, the North Shore Technology Council’s Business Breakfast will feature Secretary Richard K. Sullivan – Massachusett’s Executive Office of Energy and Environmental Affairs.
It was our honor to be selected by The National Business Incubation Association (NBIA) as a showcase during their 27th International Conference this week in Boston. This city is renowned for innovation. It was a great testament to North Shore Innoventures – our mentors, sponsors and entrepreneurs – that NBIA saw the value in making the 22 mile trip to Beverly.