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:

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. 

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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. 

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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.

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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.

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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.

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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. 

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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.

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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. 

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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.

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