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:

Monarch Tractor Recognized in Global Cleantech 100 List
January 20, 2025

Congratulations to Alliance member Praveen Penmetsa and Monarch Tractor, the manufacturer of the world’s first electric tractor, on making the list of cleantech companies providing important contributions to sustainable innovation for the second year in a row.

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Switch Bioworks Awarded $2M in Federal Funding for Technology to Reduce Synthetic Nitrogen Fertilizer in Crop Production
January 16, 2025

Switch Bioworks, a biotechnology company developing low-cost and sustainable fertilizers, has been awarded a $2 million grant from the U.S. Department of Energy (DOE) Advanced Research Projects Agency-Energy (ARPA-E) to research and develop a biotechnological approach turning microbes into nitrogen fertilizer producers.  Alliance member Tim Schnabel is the Founder and CEO of Switch Bioworks.

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DMC Biotechnologies Announces Jim Flatt as New CEO
January 14, 2025

DMC Biotechnologies, a leader in synthetic biology and precision fermentation, has announced the appointment of Dr. James (Jim) Flatt as Chief Executive Officer, effective immediately.

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Leading Global Healthtech Proximie Completes a Stellar Year of Growth
January 13, 2025

Congratulations to Alliance member Dr. Nadine Hachach-Haram and Proximie, the leading global health technology platform that is digitizing operating rooms, on a year of progress, including record operational and subscription growth..

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Ashvattha Therapeutics Announces $50 Million Financing Extension and Interim Phase 2 Ophthalmology Trial Results
January 13, 2025

Ashvattha Therapeutics (“Ashvattha”), a clinical-stage company advancing a new class of nanomedicine therapeutics that traverse tissue barriers to selectively target and reprogram activated cells in regions of inflammation, announced additional financing as an extension of its Series B of up to $50 million led by Tribe Capital with existing investors led by Natural Capital. The funding will enable Ashvattha to complete the ongoing Phase 2 ophthalmology trial and Phase 1/2 neuroinflammation trial.  Alliance member Jeff Cleland is the CEO of Axhvattha.

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Axiom Cloud Closes Major Rollout for Top 10 Grocery Retailer and Insider Investment Round
January 08, 2025

Axiom Cloud, a leader in AI-powered refrigeration management solutions, has announced a new contract with a Top 10 U.S. grocery retailer, and the successful close of a new funding round led by existing investors Blue Bear Capital, Leadout Capital and Vela Partners.  Axiom Cloud is led by Alliance member Amrit Robbins.

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Alameda Health System Receives Statewide Award for Excellent Pediatric Care
January 08, 2025

The Alameda Health System (AHS) Department of Pediatrics has received a Quality Leaders Award for excellence in pediatric primary care, presented by the California Association of Public Hospitals and Health Systems (CAPH), in partnership with the California Health Care Safety Net Institute (SNI).  AHS is led by Alliance member James Jackson.

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Serve Robotics Secures $86 Million in New Financing
January 06, 2025

Serve Robotics, a leading autonomous delivery company, announced that it raised gross proceeds of $86 million during December 2024, bringing total gross proceeds raised in 2024 to $167 million. Since its spinout from Uber in 2021, the Company has secured approximately $220 million in total funding.  Alliance member Ali Kashani is the CEO of Serve Robotics.

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