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:
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.
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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.
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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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Virtual Incision’s Miniaturized Surgical Robot En Route to the International Space Station
January 30, 2024
Virtual Incision’s miniaturized surgical robot, spaceMIRA is headed to the International Space Station to test its long-range remote capabilities through a partnership with the University of Nebraska and NASA. Virtual Incision is led by Alliance members John Murphy and Mukund Srinivasan.
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Robotice Surgery Pioneer Distalmotion Partners with Proximie
January 10, 2024
Distalmotion, a pioneer in surgical robotics, is partnering with Proximie, the leading global health technology platform digitizing operating rooms (ORs), to extend its ground-breaking Dexter robotic surgery platform globally. Alliance member Nadine Hachach-Haram is the Founder & CEO of Proximie.
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Folio3 Acquires Azronet
September 22, 2023
Folio3 has announced that it acquired AzroNet Business Systems which strengthens Folio3's global leadership in NetSuite implementation services in UK and globally. Alliance member Adnan Lawai is the CEO of Folio3.
Read More Legence Acquires A.O. Reed & Co
September 19, 2023
Legence, the world’s first Energy Transition Accelerator, has announced the acquisition of San Diego-based A.O. Reed & Co., a leading specialty mechanical contractor focused on building and servicing complex systems in mission-critical facilities. Alliance member Jeff Sprau is the CEO of Legence.
Read More Virtual Incision Extends Series C Round with Additional $30M Funding
September 19, 2023
Virtual Incision Corporation, the developer of the world’s first miniaturized robotic-assisted surgery (RAS) system, announced a $30 million extension to its previous $46 million Series C financing. Virtual Incision is led by Alliance members, John Murphy (CEO) and Mukund Srinivasan (CFO).
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Delphinus Medical Technologies Raises $12 Million
August 22, 2023
Delphinus Medical Technologies, the pioneers of dense breast medical imaging, announced that it raised $12 million in growth capital from Trinity Capital. Delphinus is led by Alliance member Mark Forchette.
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Switchboard Announces $7M Series A Funding for Data Product Platform
July 27, 2023
Switchboard, a company focused on data product development for business users, announced a $7 million series A round of funding led by GFT Ventures and Quest Venture Partners. Alliance member Ju-kay Kwek is the CEO of Switchboard.
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GTCR Announces Partnership with Matt DiMaria to Form Stelao
June 14, 2023
GTCR, a leading private equity firm, today announced that it has entered into a partnership with Alliance member Matt DiMaria, Adam Ragauskis, Chris Loeper, Kurt Nelson, and Daniel Bohannon to form Stelao LLC. Based in Nashville, Tennessee Stelao will seek to partner with companies as part of a strategy to build a leading enterprise software platform enabling data-driven customer experiences and measurable outcomes.
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Suggestic Acquires Wishroute to Accelerate AI-Assisted Wellness Coaching Offering
May 23, 2023
Suggestic, a leading provider of AI-enabled Telewellness solutions, announced that it has acquired Wishroute, a leading provider of human-powered engagement and healthy habit coaching. The acquisition allows Suggestic to expand its product and service offerings, enter new markets, and accelerate its growth in the Telewellness and Behavioral Engagement market. Suggestic is led by Alliance member, Victor Chapela.
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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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