Cottonwood Technology Fund

Infinitum Secures $185 Million Series E Funding Led by Just Climate to Catalyze Industrial Decarbonization with High-Efficiency, Sustainable Motors

Retrieved on: 
Wednesday, November 1, 2023

Infinitum , creator of the sustainable air-core motor, today announced $185 million in Series E funding led by Just Climate with participation from Galvanize Climate Solutions and NGP.

Key Points: 
  • Infinitum , creator of the sustainable air-core motor, today announced $185 million in Series E funding led by Just Climate with participation from Galvanize Climate Solutions and NGP.
  • In the US industrial sector, motors alone consume nearly 70% of total electricity used to power numerous core industrial applications, such as compressors, pumps, fans and material processing and handling equipment.
  • Manufacturing and servicing Infinitum motors is less carbon intensive than traditional motors and the motor’s modular design allows components to be reused multiple times.
  • Evercore acted as the exclusive placement agent for Infinitum in connection with this capital raise.

BioFlyte Raises $5.4M in Series B Financing to Protect Critical Infrastructure from Airborne Biothreats

Retrieved on: 
Thursday, August 10, 2023

BioFlyte will use this new funding to continue scaling its manufacturing and sales operations to meet customer demand and to develop new product configurations that will serve new markets.

Key Points: 
  • BioFlyte will use this new funding to continue scaling its manufacturing and sales operations to meet customer demand and to develop new product configurations that will serve new markets.
  • “This round of funding will allow us to scale our manufacturing operations and create a sales organization to drive market penetration and support our growing customer base,” said Todd Sickles, CEO, BioFlyte.
  • The z200 provides test results in less than five minutes and operates continuously and autonomously in critical infrastructure environments such as airports, arenas, entertainment venues, and commercial and government buildings.
  • The system consists of a wall mount sensor capable of autonomous detection and identification of airborne toxins in real-time.

Harmonix Successfully Closes Second Fund Focused on the Leading Edge of Healthcare, Life Sciences, and Deep Tech

Retrieved on: 
Thursday, July 6, 2023

LA QUINTA, Calif., July 6, 2023 /PRNewswire/ -- Harmonix Management LLC, a venture capital investment firm focused on investments in science-driven startups, announced today the successful close of Harmonix Fund I LP (the "Fund") with investments deployed across the healthcare, life sciences, deep tech, and space tech verticals.

Key Points: 
  • LA QUINTA, Calif., July 6, 2023 /PRNewswire/ -- Harmonix Management LLC, a venture capital investment firm focused on investments in science-driven startups, announced today the successful close of Harmonix Fund I LP (the "Fund") with investments deployed across the healthcare, life sciences, deep tech, and space tech verticals.
  • The Fund's investments in healthcare and deep tech have empowered what Harmonix believes to be groundbreaking achievements, such as Insilico Medicine's world-first fully AI-designed drug in clinical trials.
  • This fund has allowed us to expand our impact within healthcare, life sciences, deep tech, and space, and we remain dedicated to supporting advancements in these exciting sectors."
  • Harmonix's first two funds have supported what the firm considers to be 10 major breakthroughs in less than five years.

PreIPO Corporation™ welcomes Dr. René Eichenberger to its Board of Directors

Retrieved on: 
Tuesday, January 3, 2023

BOCA RATON, Fla., Jan. 3, 2023 /PRNewswire/ -- PreIPO Corporation™, the owner of a suite of proprietary technology platforms including PreIPO Exchange®, PreIPO.com™, and PreIPO Intelli™, is pleased to welcome Dr. René Eichenberger to its Board of Directors.

Key Points: 
  • BOCA RATON, Fla., Jan. 3, 2023 /PRNewswire/ -- PreIPO Corporation™, the owner of a suite of proprietary technology platforms including PreIPO Exchange®, PreIPO.com™, and PreIPO Intelli™, is pleased to welcome Dr. René Eichenberger to its Board of Directors.
  • PreIPO Corporation™ welcomes Dr. René Eichenberger to its Board of Directors.
  • Dr. René Eichenberger is the Executive Chairman of New Venture Associates, an international private equity investment firm headquartered in Zurich, Switzerland.
  • The CEO of PreIPO®, David Grzan, adds "I am honored to welcome René Eichenberger to the PreIPO® Board of Directors.

Symend Infuses Over $40M in Growth Capital to Transform Customer Engagement with Behavioral Science

Retrieved on: 
Thursday, November 17, 2022

CALGARY, AB, Nov. 17, 2022 /PRNewswire/ -- Symend, the leader in Behavioral Engagement Technology™, today announced that it has raised over US$40 million to further accelerate its growth and global market expansion. The company is on track to double the number of customers served for the third consecutive year and will serve over 40 million consumers on behalf of North America's largest companies this year.

Key Points: 
  • "As Symend rapidly expands and closes one of Canada's top FinTech raises of the year, this latest financing cements its position as a changemaker within digital customer engagement," said Dennis Kavelman, partner at Inovia Capital.
  • The demand for Symend's technology continues to increase and we are excited to help fuel the next phase of growth."
  • Symend is a leading SaaS company that turns difficult conversations and everyday moments into positive experiences across the entire customer journey.
  • Symend's Behavioral Engagement Technologydelivers digital experiences that are hyper-personalized based on the science behind consumer behavior.

Infinitum Electric Secures $30M in Additional Growth Capital to Expand and Fully Automate Production Facility in Mexico and Rebrands as Infinitum

Retrieved on: 
Tuesday, November 8, 2022

While the lifetime of traditional motors is typically 10-20 years, Infinitum goes beyond, delivering motors with class-leading efficiency and life expectancy.

Key Points: 
  • While the lifetime of traditional motors is typically 10-20 years, Infinitum goes beyond, delivering motors with class-leading efficiency and life expectancy.
  • Infinitum motors are modular by design, making them easier to service, and allowing the housing, rotors, and stators to be reused multiple times.
  • Electric motors consume more than half of the worlds electricity, with the general industry segment consuming 38 percent.
  • Riverstone conducts buyout and growth capital investments in the energy industry, with a leading franchise in low-carbon investing.

Ecorobotix receives prestigious 'SEF.Growth High-Potential' classification and funding from the Technology Fund for ultra-high precision agricultural technology

Retrieved on: 
Wednesday, November 2, 2022

YVERDON-LES-BAINS, Switzerland, Nov. 2, 2022 /PRNewswire/ -- The Technology Fund of the FOEN (Swiss Federal Office for the Environment) awarded a loan guarantee to Ecorobotix for its innovative ultra-high precision agricultural technology.

Key Points: 
  • YVERDON-LES-BAINS, Switzerland, Nov. 2, 2022 /PRNewswire/ -- The Technology Fund of the FOEN (Swiss Federal Office for the Environment) awarded a loan guarantee to Ecorobotix for its innovative ultra-high precision agricultural technology.
  • The Technology Fund promotes technologies for the reduction of greenhouse gas emissions, efficient use of electrical energy, promotion of renewable energies and conservation of natural resources.
  • Ecorobotix isrevolutionizing agriculture with its state-of-the art ultra-high precision (UHP) data and sprayer solution.
  • By only spraying individual plants that need treatment Ecorobotix UHP technology reduces herbicide use by 80-95%, greatly reduces phytotoxicity and increases crop yield by ~5%.

Ecorobotix receives prestigious 'SEF.Growth High-Potential' classification and funding from the Technology Fund for ultra-high precision agricultural technology

Retrieved on: 
Wednesday, November 2, 2022

YVERDON-LES-BAINS, Switzerland, Nov. 2, 2022 /PRNewswire/ -- The Technology Fund of the FOEN (Swiss Federal Office for the Environment) awarded a loan guarantee to Ecorobotix for its innovative ultra-high precision agricultural technology.

Key Points: 
  • YVERDON-LES-BAINS, Switzerland, Nov. 2, 2022 /PRNewswire/ -- The Technology Fund of the FOEN (Swiss Federal Office for the Environment) awarded a loan guarantee to Ecorobotix for its innovative ultra-high precision agricultural technology.
  • The Technology Fund promotes technologies for the reduction of greenhouse gas emissions, efficient use of electrical energy, promotion of renewable energies and conservation of natural resources.
  • Ecorobotix isrevolutionizing agriculture with its state-of-the art ultra-high precision (UHP) data and sprayer solution.
  • By only spraying individual plants that need treatment Ecorobotix UHP technology reduces herbicide use by 80-95%, greatly reduces phytotoxicity and increases crop yield by ~5%.

Seafarer Capital Partners Announces Addition of Lydia So as a Lead Manager to Seafarer Overseas Growth and Income Fund

Retrieved on: 
Thursday, September 1, 2022

LARKSPUR, Calif., Sept. 1, 2022 /PRNewswire/ -- Seafarer Capital Partners today announced that Lydia So has been added as a Lead Portfolio Manager to the Seafarer Overseas Growth and Income Fund (SIGIX, SFGIX), effective August 31, 2022.

Key Points: 
  • LARKSPUR, Calif., Sept. 1, 2022 /PRNewswire/ -- Seafarer Capital Partners today announced that Lydia So has been added as a Lead Portfolio Manager to the Seafarer Overseas Growth and Income Fund (SIGIX, SFGIX), effective August 31, 2022.
  • "I'm delighted that Lydia has joined Seafarer Capital Partners and will bring her extensive capabilities in identifying growth opportunities across the emerging markets to the benefit of shareholders in the Seafarer Overseas Growth and Income Fund," said Andrew Foster, Chief Investment Officer and Co-Founder of Seafarer Capital Partners.
  • As a Lead Portfolio Manager of the Seafarer Overseas Growth and Income Fund, she will direct the research process for growth securities and identify new positions to enter the Fund by utilizing Seafarer's established research and selection process, which is focused on bottom-up, fundamental security selection.
  • Seafarer Capital Partners, adviser to the Seafarer Funds, is an investment adviser focused on emerging markets.

BioFlyte Welcomes New CEO to Drive Commercialization Efforts

Retrieved on: 
Tuesday, July 12, 2022

Under his leadership, the firm grew over 300% and pivoted from a staff augmentation services organization to an award-winning government prime contractor.

Key Points: 
  • Under his leadership, the firm grew over 300% and pivoted from a staff augmentation services organization to an award-winning government prime contractor.
  • The BioFlyte team has developed a unique and truly disruptive biothreat identification technology based on decades of research that can transform threat detection and response across many environments, said Todd Sickles, CEO of BioFlyte.
  • I am excited for the opportunity to help accelerate commercialization and market adoption efforts alongside the rest of the team here.
  • BioFlyte is a bioaerosol surveillance company that is commercializing a revolutionary new class of fieldable biological contamination sampling, detection, and identification solutions.