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:
GenNext Technologies Announces $2.5M Grant Award
March 24, 2022
GenNext Technologies, a growth-stage company providing biopharmaceutical drug discovery systems and services, announced the receipt of a two year, Phase II SBIR grant for a project titled "In-Cell Automated Flash Oxidation (IC-AutoFox™) Protein Footprinting System." The grant was awarded by the National Institute of General Medical Systems (NIGMS) of the U.S. Department of Health and Human Services. GenNext is led by Alliance member Scot Weinberger.
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Bailard Becomes CDP Investor Signatory
March 15, 2022
Bailard, an independent, values-driven wealth and asset management firm in the San Francisco Bay Area, announced that it has furthered its commitment to mitigating climate change risk in its portfolio and driving corporate climate disclosure by becoming an investor signatory to CDP (formerly known as the Carbon Disclosure Project), the non-profit that runs the global environmental disclosure system. Alliance member Peter Hill is the Executive Chairman of Bailard.
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Deep Isolation Joins Oklo and National Laboratories in Winning $4 Million Grant
March 11, 2022
Deep Isolation, Oklo, and the Argonne and Idaho National Laboratories have been awarded $4 million by the U.S. Department of Energy’s Advanced Research Projects Agency-Energy (ARPA-E) to develop the first U.S. nuclear fuel recycling and disposal facility. Alliance member Liz Mueller is the CEO of Deep Isolation.
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Nvidia invests $10M in Sidewalk Robot Delivery Company Serve Robotics
March 08, 2022
Chipmaking giant Nvidia is investing $10 million in Uber spinout Serve Robotics, funds the startup will use to further expand its sidewalk delivery robot service outside Los Angeles and San Francisco. Serve Robotics is led by Alliance member Ali Kashani.
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Carlyle Makes a Strategic Investment in Complete Solar
March 01, 2022
Global investment firm Carlyle announced a strategic growth investment by one of its managed funds in Complete Solar, a technology-enabled platform that is transforming the energy transition process for homeowners and small businesses across the U.S. Complete Solar is led by Alliance member Will Anderson.
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Semrush To Acquire Kompyte
February 28, 2022
Semrush (NYSE: SEMR), a leading online visibility management SaaS platform, announced plans to acquire competitive intelligence automation and sales enablement platform Kompyte. Alliance member Pere Condina is the Co-Founder and CEO of Kompyte.
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Infinium Enters into Strategic Alliance with Denbury
February 24, 2022
Infinium, a clean fuels innovator, announced that the company has entered into a strategic alliance with US energy leader Denbury (NYSE: DEN) to collaborate on developing ultra-low carbon fuels projects in the state of Texas. Infinium is led by Alliance member Robert Schuetzle.
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LSEG to Acquire TORA
February 22, 2022
London Stock Exchange Group (LSEG or the Group) announced it has agreed to acquire TORA, a leading cloud-based technology provider that supports customers trading multiple asset classes across global markets. TORA is led by Alliance member Robert Dykes.
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GrubMarket Acquires Daylight Foods
February 22, 2022
GrubMarket today announced it has completed the acquisition of Union City-based Daylight Foods, one of California's largest food service companies, which provides produce, dairy, specialty items, dry goods and more to a wide range of business customers, including restaurants, large grocery and retail chains, corporate offices and cafeterias, hotels and universities. Daylight Foods is led by Alliance member Chris Vlahopouliotis.
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Wisk Aero Partners with Long Beach to Make Advanced Air Mobility a Reality in Southern California
February 22, 2022
Wisk Aero, a leading Advanced Air Mobility (AAM) company and developer of the first all-electric, self-flying air taxi in the United States, has partnered with the City of Long Beach, California through its Long Beach Economic Partnership (LBEP) to make AAM a reality in Southern California. Alliance member Gary Gysin is the CEO of Wisk.
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Nauto Partners with Navistar to Bring Fleet AI-Safety Technology to the Heavy-Duty Truck Segment
February 15, 2022
Nauto, a leading provider of AI-based vehicle safety technology for commercial fleets and the automotive sector, and Navistar, manufacturer of International® commercial trucks and engines, announced a flagship distribution agreement to make Nauto's predictive-AI vehicle safety solution available for new fleet vehicle purchases or as an upgrade for existing fleet vehicles throughout International Truck's large network of more than 1,000 dealers. Alliance member Stefan Heck is the CEO of Nauto.
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Perceptyx Acquires AI-Powered Coaching Platform, Cultivate
February 15, 2022
Perceptyx, the leading employee listening and people analytics platform, has acquired Cultivate, a pioneer in AI-powered leadership development. The deal will pair Perceptyx’s leading active listening and feedback platform with Cultivate’s best-in-class passive listening and digital coaching product, creating a powerful solution that closes the gap between signal and action in the employee experience. Alliance member Alex Kinnebrew is the Sr. Director, Strategic Growth Initiatives for Perceptyx.
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ALX Oncology Receives U.S. FDA Orphan Drug Designation for Evorpacept
January 27, 2022
ALX Oncology Holdings (“ALX Oncology”) (Nasdaq: ALXO) a clinical-stage immuno-oncology company developing therapies that block the CD47 checkpoint pathway, announced that the U.S. Food and Drug Administration granted orphan drug designation (“ODD”) to Evorpacept, a next-generation CD47 blocker, for the treatment of patients with gastric cancer and gastroesophageal junction cancer. ALX Oncology is led by Alliance member Jaume Pons.
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Mammoth Biosciences Receives FDA Emergency Use Authorization for First CRISPR-based High-Throughput COVID-19 Test
January 24, 2022
Mammoth Biosciences announced that the U.S. Food and Drug Administration (FDA) has granted Emergency Use Authorization (EUA) for its DETECTR BOOST® SARS-CoV-2 Reagent Kit, a first of its kind high-throughput solution that combines the power of CRISPR with laboratory automation for SARS-CoV-2 testing. Alliance member Ted Tisch is the COO of Mammoth Biosciences.
Read More Wisk Aero Secures $450 Million from The Boeing Company
January 24, 2022
Wisk, a leading Advanced Air Mobility (AAM) company and developer of the first all-electric, self-flying air taxi in the U.S., has secured $450 million in funding from The Boeing Company, making it one of the most well-funded AAM companies in the world. Alliance member Gary Gysin is the CEO of Wisk.
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LogiGear Acquires DWS
January 21, 2022
LogiGear, a world leader in software testing and test automation solutions, announced the acquisition of DWS, a leading provider of Oracle’s JD Edwards EnterpriseOne and Fusion Cloud applications products and services. LogiGear is led by Alliance member Hung Nguyen.
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CytomX Therapeutics Announces FDA Clearance of Investigational New Drug Application
January 19, 2022
CytomX Therapeutics, Inc. (Nasdaq: CTMX), a leader in the field of conditionally activated therapeutics, announced that the U.S. Food and Drug Administration (FDA) has cleared the company’s Investigational New Drug (IND) application for CX-904, an EGFRxCD3 T-cell-engaging bispecific antibody being co-developed by CytomX and Amgen. CytomX is led by Alliance member Sean McCarthy.
Read More Serve Robotics’ New Autonomous Sidewalk Delivery Robots Don’t Require Human Assist
January 13, 2022
Serve Robotics, an Uber spinout that builds sidewalk delivery robots, is deploying its next generation of robots that are capable of completing some commercial deliveries without a human in the loop. Alliance member Ali Kashani is the Co-Founder and CEO of Serve Robotics.
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New Investments in Qnovo in $24M Series-C Funding
January 11, 2022
Qnovo, a pioneer in battery management software, announced the closing of $24M in Series-C financing. BorgWarner led the round with significant participation by OGCI Climate Investments and Constellation Technology Ventures. Qnovo is led by Alliance member Nadim Maluf.
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Sutro Biopharma and Tasly Biopharmaceuticals Enter into Exclusive License Agreement
December 27, 2021
Sutro Biopharma, a clinical-stage drug discovery, development and manufacturing company focused on the application of precise protein engineering and rational design to create next-generation cancer and autoimmune therapeutics, announced an exclusive license agreement with Tasly Biopharmaceuticals Co., Ltd., a holding subsidiary of Tasly Pharmaceutical Group Co., Ltd. for the development and commercialization of STRO-002 in Greater China, consisting of mainland China, Hong Kong, Macau and Taiwan. Sutro Biopharma is led by Alliance member Bill Newell.
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