Alliance Member News
Alliance Members don’t just read the news ... they make the news. To check out our “Members News” from prior years, click the list below:
RTI Awarded $1.25M to Advance Generative AI Research for the United States Department of Air Force
August 27, 2024
Real-Time Innovations (RTI), the infrastructure software company for smart-world systems, announced that it has been awarded a $1.25 million Small Business Innovation Research (SBIR) Phase II contract. With this contract, RTI will help create a secure, standardized, and reliable AI framework for interaction between software agents, humans, and the target environment– enabling rapid deployment and reuse of cutting-edge AI technologies. RTI is led by Alliance member Stan Schneider.
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Immuron Announces New U.S. Department of Defense Research Award
August 16, 2024
Immuron Limited (ASX: IMC; NASDAQ: IMRN), an Australian based and globally integrated biopharmaceutical company is pleased to announce the funding of a new research agreement for the Naval Medical Research Command (NMRC), and Walter Reed Army Institute of Research (WRAIR) Silver Spring, Maryland, USA. Alliance member Steven Lydeamore is the Chief Executive Officer of Immuron.
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Blackstone Subsidiary Legence Acquiring Engineering Firm AMA Group
August 14, 2024
Legence, a subsidiary of Blackstone (BX) acquired New York-based engineering firm AMA Group and will merge the 250-person outfit with another company. Legence is led by Alliance member Jeff Sprau.
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Adverum Biotechnologies Announces FDA Regenerative Medicine Advanced Therapy (RMAT) Designation Granted
August 01, 2024
Adverum Biotechnologies, a clinical-stage company pioneering the use of gene therapy as a new standard of care for highly prevalent ocular diseases, announced that the U.S. Food and Drug Administration (FDA) has granted Regenerative Medicine Advanced Therapy (RMAT) designation for Ixo-vec, its clinical-stage gene therapy product candidate, for the treatment of wet AMD. Alliance member Dena House is the Chief People Officer for Adverum.
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Verseon and NeuTherX Announce Partnership to Enhance Drug Development
July 30, 2024
Verseon and NeuTherX are pleased to announce their partnership to accelerate drug development through the use of NeuTherX's scalable organoid development technology. Alliance member Adityo Prakash is the CEO of Verseon.
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Munjal Shah’s Hippocratic AI Reaches $500 Million Valuation
July 27, 2024
Alliance member Munjal Shah's startup, Hippocratic AI, uses evidence-based medical research and reinforcement learning from healthcare workers to train its GenAI healthcare agents. The healthcare-focused generative artificial intelligence startup founded in 2023, has achieved a $500 million valuation following a $53 million Series A funding round.
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Circle Pharma raises $54M as part of Series D
July 05, 2024
Circle Pharma, a startup working on macrocycles for the “undruggable,” is seeking about $117 million for a Series D. The company, led by Alliance member David Earp, recently closed the first part of the round, reeling in about $54 million from a dozen investors.
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Pat Lashinsky Named CEO of ChatwithGod
May 29, 2024
Alliance member Pat Lashinsky has been named CEO of ChatwithGod where he will lead the Company's mission to provide consumer-centric spiritual guidance.
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Turn Biotechnologies Signs Global Licensing Agreement with HanAll Biopharma
May 28, 2024
Turn Biotechnologies, a developer of novel mRNA medicines and enabling technologies, announced an exclusive global licensing agreement with pharmaceutical manufacturer HanAll Biopharma to develop groundbreaking medicines for the treatment of age-related eye and ear conditions. Alliance member Anja Krammer is the CEO of Turn Biotechnologies.
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Quidnet Energy Announces Strategic Partnership with $10M Investment from Hunt Energy Network
May 22, 2024
Quidnet Energy, a pioneer in long-duration energy storage solutions, announced a strategic partnership with a $10 million investment from Hunt Energy Network (HEN), a leader in energy storage and part of an affiliation of companies with experience in subsurface development. Quidnet is led by Alliance member Joe Zhou.
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SYSPRO Honored as Gold Stevie Award Winner
May 14, 2024
SYSPRO, a global provider of ERP software, announced that SYSPRO 8 2023 was named the winner of a Gold Stevie Awards in the Best ERP category in the 22nd Annual American Business Awards. Alliance member Brian Rainboth, is the CEOof SYSPRO Americas.
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Serve Robotics Announces Pricing of $40 Million Public Offering and Uplisting to the Nasdaq Capital Market
April 17, 2024
Serve Robotics, a leading autonomous sidewalk delivery company, announced the pricing of its underwritten public offering of 10,000,000 shares of common stock at a price to the public of $4.00 per share, for aggregate gross proceeds of $40 million, prior to deducting underwriting discounts and offering expenses. Alliance member Ali Kashani is the CEO of Serve Robotics.
Read More Legence Acquires Leading Engineering Firm P2S
April 11, 2024
Legence, a Blackstone Portfolio Company and North America's leading, integrated provider of energy efficiency and sustainability solutions for the built environment, announced the acquisition of P2S Inc. (P2S), a California-based engineering, commissioning, and construction management firm specializing in critical sectors including higher education, federal and municipal institutions, healthcare facilities, data centers, and more. Legence is led by Alliance member Jeff Sprau.
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Caribou Biosciences Expands Clinical Development of CB-010
April 04, 2024
Caribou Biosciences (Nasdaq: CRBU), a leading clinical-stage CRISPR genome-editing biopharmaceutical company, announced that it received clearance of its Investigational New Drug (IND) application from the U.S. Food and Drug Administration (FDA) for CB-010, an allogeneic anti-CD19 CAR-T cell therapy with a PD-1 knockout (KO), for the treatment of lupus nephritis (LN) and extrarenal lupus (ERL). Alliance member Rachel Haurwitz is the CEO Caribou.
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Nozomi Networks Raises $100 Million in Series E
March 13, 2024
Cybersecurity company Nozomi Networks has secured $100 million in a Series E funding round. Alliance member Edgard Capdevielle is the president and chief executive of Nozomi.
Read More How Verseon Is Changing The Way Drugs Are Discovered
March 01, 2024
Verseon CEO and Alliance member Adityo Prakash discussed how the company is systematically creating era-defining treatments in a California Business Journal article.
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Newsweek Names Patelco Credit Union One of America’s Best Regional Banks and Credit Unions 2024
February 29, 2024
Congratulations to Alliance member Erin Mendez and her team on being named one of America's best regional credit union by Newsweek.
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Axiom Cloud Closes $5 Million in Funding
February 27, 2024
Axiom Cloud, announced that it closed $5 million in funding from Toshiba Tec and Windsail Capital Group. This funding aims to accelerate the deployment of the company's AI-powered "Early Leak Detection" (ELD) module. Alliance member Amrit Robbins is the CEO and Co-Founder of Axiom Cloud.
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Novity Secures $7.8 Million in New Funding
February 21, 2024
Novity®, the provider of the TruPrognostics™ AI, a truly predictive maintenance AI for process industry clients, is pleased to announce the successful closure of $7.8 million in financing. Novity is led by Alliance member Markus Larsson.
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Aura Appoints Ravi Narula as Chief Financial Officer
February 05, 2024
Aura, the first truly intelligent family safety solution, announced the appointment of Alliance member Ravi Narula to Chief Financial Officer
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The Alliance of Chief Executives is an active community of business leaders that focuses on deep strategic exchanges, challenging existing assumptions and generating fresh ideas.
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