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.

Read More

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.

Read More

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.

Read More

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..

Read More

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.

Read More

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.

Read More

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.

Read More

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.

Read More

Verseon ‘Novel General-Purpose AI Technology Shows Dramatically Faster Training Speeds
December 19, 2024

Verseon's novel general-purpose AI technology shows dramatically faster training speeds compared to Deep Learning technologies like Google's AutoML.  Alliance member Adityo Prakash is the CEO of Verseon.

Read More

CloudBolt Named InfoWorld’s Cloud Cost Management Technology of the Year
December 12, 2024

Congratulations to Alliance member Craig Hinkley and CloudBolt Software on being named InfoWorld’s Technology of the Year winner in the Cloud Cost Management category. The 24th annual award recognizes the most innovative products in cloud computing, artificial intelligence, software development, DevOps, data management, and machine learning.

Read More

Kinematics Acquiring Global Solar Tracker Controller Manufacturer P4Q
November 20, 2024

Kinematics, a motion control manufacturer, has signed a definitive agreement to acquire P4Q, a company specializing in solar tracker controllers, industrial automation, sensors and cloud-based monitoring.  Kinematics is led by Alliance member John Payne.

Read More

Ravi Narula joins SymphonyAI as CFO to Boost Growth Strategy
November 14, 2024

SymphonyAI has announced that Alliance member Ravi Narula has joined the company as chief financial officer.

Read More

Serve Robotics and Wing Partner to Expand Autonomous Delivery
October 01, 2024

Serve Robotics, a leading autonomous sidewalk delivery company, and Wing Aviation, an on-demand drone delivery provider, announced a pilot partnership to expand eco-friendly, autonomous food delivery offering a novel solution that will redefine last mile delivery.  Alliance member Dr. Ali Kashani is the CEO and co-founder of Serve Robotics. 

Read More

kWh Analytics Leads $2.4M Initiative to Strengthen Solar Asset Resilience With the U.S. Department of Energy
September 23, 2024

kWh Analytics, a leading provider of Climate Insurance for renewable energy assets, announced a new, $2.4M partnership with the U.S. Department of Energy Solar Energy Technologies Office (SETO) through the Materials, Operation, and Recycling of Photovoltaics (MORE PV) Funding Program. This partnership aims to develop innovative approaches to solar PV resilience, focusing on introducing asset resilience measures against natural catastrophes earlier in the asset development lifecycle.  Alliance member Jason Kaminsky, CEO of kWh Analytics. 

Read More

Tivic Health Receives Approval from Institutional Review Board for ncVNS Optimization Study
September 18, 2024

Tivic Health® Systems, a health tech company that develops and commercializes bioelectronic medicine, announced that it has received approval from The Feinstein Institutes’ Institutional Review Board for the next phase of clinical work on its non-invasive cervical vagus nerve stimulation ("ncVNS") approach.  Tivic Health is led by Alliance member Jennifer Ernst.

Read More

Arzeda Secures $38M in Oversubscribed Funding Round
September 17, 2024

Arzeda, the Protein Design Company, announced the closing of a $38M oversubscribed funding round. This fundraise brings in new investments from Sofinnova Partners, Fall Line Capital, Sucden Ventures, Silver Blue, and the venture arm of W.L. Gore & Associates (makers of Gore-Tex®), which has been in a joint development agreement with Arzeda since 2022. Previous investors also participated in the round, including the venture arm of the Continental Grain Company, Bunge Ventures, and Lewis & Clark Agrifood.  Alliance member Alexandre Zanghellini is the co-founder and CEO of Arzeda.

Read More

Switch Bioworks Raises $17M in Series Seed Financing
September 05, 2024

Switch Bioworks, a biotechnology company developing low-cost and sustainable fertilizers, announced it raised $17 million in Series Seed financing led by Change Forces Capital and joined by Grantham Foundation, Astanor Ventures, Acre Venture Partners, Anthos Capital, Thia Ventures, Emerson Collective, as well as the farmer-led Ag Ventures Alliance and others.  Alliance member Dr. Tim Schnabel is the founder and CEO of Switch Bioworks.

Read More

ALX Oncology Announces First Patients Dosed with Evorpacept and Sarclisa
September 04, 2024

ALX Oncology, an immuno-oncology company developing therapies that block the CD47 immune checkpoint pathway, announced the first patients have been dosed in an arm of the randomized UMBRELLA phase 1/2 clinical study partnered with Sanofi that is evaluating evorpacept in combination with SARCLISA® (isatuximab-irfc).  ALX is led by Alliance memember Jaume Pons. 

Read More

Circle Pharma Closes $90 Million Series D Financing
September 03, 2024

Circle Pharma, a clinical-stage biopharmaceutical company dedicated to discovering and developing cell-permeable macrocycles as a new class of therapies, announced the successful closing of a $90 million Series D financing round.  Alliance member David Earp is CEO of Circle Pharma.

Read More

SYSPRO Wins 2024 SaaS Awards for Best ERP/MRP
August 29, 2024

SYSPRO, a global provider of ERP software, has been named a winner at The 2024 SaaS Awards program, in the category of Best ERP / MRP.   Alliance member Brian Rainboth is the CEO at SYSPRO Americas. 

Read More