Portfolio News

EarthGrid Announces Groundbreaking Joint Venture with EnerTech, a KIA Entity, to Deploy $18B in U.S. Underground Utility Projects

EarthGrid, a Bay-area plasma tunnel-boring technology and infrastructure development company, announced today that it has signed a joint venture agreement with EnerTech, a Kuwait Investment Authority (KIA) entity, to deploy infrastructure projects in four phases across the United States, Europe and the Middle East. The first two phases consist of, in estimate, $18 billion in U.S. infrastructure improvement projects. Utilizing EarthGrid’s patented plasma-powered machines, this joint venture will develop a network of underground tunnels designed to upgrade the current power...
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RevBio Receives a $2.4 Million NIH Grant to Conduct a First-in-Human Clinical Trial for its Regenerative Bone Adhesive for Cranial Flap Fixation and Enrolls First Five Patients

RevBio, Inc., announced that it has been awarded a $2.4 million Phase II Small Business Innovation Research (SBIR) grant from the National Institute of Neurological Disease and Stroke (NINDS), part of the National Institutes of Health (NIH). This two-year grant (1R44NS135736-01A1) will allow the company to complete a 20-patient pilot clinical trial to examine the safety and efficacy of the company’s bone adhesive biomaterial called TETRANITE® which will be used to immediately fixate cranial flaps and enable bone fusion following...
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Xylyx Bio awarded $2.45M NIH SBIR grant from NIDDK to facilitate development of effective drugs for fibrotic liver disease

Xylyx Bio, Inc., a regenerative medicine company developing pioneering solutions for tissue and organ modeling and repair, announced today that it has been awarded a Small Business Innovation Research (SBIR) grant from the National Institute of Diabetes and Digestive and Kidney Diseases (NIDDK) of the National Institutes of Health (NIH) to advance commercial development of its InMatrico® disease modeling and drug testing platform to help scientists discover and test drug candidates for liver fibrosis. Fibrosis is a prevalent disease process...
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Myomo, Inc. Announces the Launch of Myomo Academy at AOPA National Assembly

Myomo, Inc., a wearable medical robotics company that offers increased functionality for those suffering from neurological disorders and upper-limb paralysis, today announced the official launch of the Myomo Academy, a comprehensive learning management system for professionals in Orthotics & Prosthetics (O&P) and Rehabilitation. The Myomo Academy is being launched during the 2024 AOPA (American Orthotic and Prosthetic Association) National Assembly, which is underway in Charlotte, NC until September 15, 2024. The Myomo Academy is designed to provide ongoing education, featuring...
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Wasabi Technologies Joins Forces with Grass Valley as Cloud Storage Provider of Choice to Enable Streamlined Media Archiving for Live Events

Wasabi Technologies, the hot cloud storage company, today announced that Grass Valley, a leading media technology provider for the media and entertainment industry, will offer Wasabi’s low-cost, high-performance cloud storage within AMPP. Grass Valley customers can now purchase and easily use Wasabi cloud storage within AMPP to enable efficient and flexible media production workflows for live event content creation, management, and distribution. Pairing these capabilities with Wasabi’s trusted cloud storage that does not charge for egress, AMPP users can freely...
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Khara Inc. Moves Archives to Wasabi Hot Cloud Storage for 80% Savings on Operation and Management Costs

Wasabi Technologies, the hot cloud storage company, today announced Khara Inc., a motion picture production company based in Japan and creator of the popular Evangelion anime series, has selected Wasabi as its cloud storage provider, moving its operations and 500 TB of archival data from on-premises to the cloud. Wasabi provides low-cost, high-performance cloud storage that will reduce management and operation costs by an estimated 80% for Khara, allowing the company’s systems department to focus on the more essential system...
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Milliman introduces Candidly student loan certification for retirement plans

Milliman, Inc., a global consulting, actuarial, and benefits administration firm, today announced the introduction of a student loan certification solution for its 401(k) recordkeeping clients through Candidly. This innovative solution allows defined contribution plan sponsors to provide matching contributions based on participants' qualified student loan payments, thereby encouraging greater retirement savings. Through this collaboration, Candidly enables participant certification of qualified student loan payments, while Milliman calculates the match and fulfills the contributions based on the certified loan payments.
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Is Celebrity Alcohol the New Perfume?

The future as we know it is here: Walking down the liquor aisle to grab your favorite bottle of rosé is now impossible to do without passing at least a dozen celebrity-backed alcohols along the way (spotting them all is a fun drinking game in itself, too). Seemingly overnight, spirits brands have rapidly become the hot new accessory for famous people (and their investment portfolios) in our current era, mimicking the perfume craze of celebrities in the ’90s and ’00s....
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The microbial functional feed that’s proving its worth

Knip has developed a precision fermentation platform that produces ingredients for aquafeeds using a natural, abundantly available microbe – if you've eaten lettuce, you've encountered our microbe. Our flagship product, JUV, is a functional ingredient designed to mitigate the effects of stressors such as handling, transfers, diseases and more. Fish and shrimp fed with diets that include up to 5 percent JUV have been proven to have higher survival rates, drastically lowering mortality. They maintain aggressive feeding habits, leading to...
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