Portfolio Companies

Intellihot wins $400,000 in Illinois Clean Energy Fund Awards

Featured on the Chicago Tribune A Galesburg hot water-heating system maker took home $400,000 Monday night as the first-place winner in the first Illinois Clean Energy Fund Awards. Intellihot, a maker of tankless water heaters, earned the prize and the check after pitching its business plan to a team of judges, made up of energy […]

October 28, 2014 By Alida Miranda-Wolff

NuCurrent Announces a $3.48 Million Series A to Light Up the Wireless Charging Industry

As the wireless charging market continues to explode – IHS Technology predicts that revenue from wireless power transmitters and receivers will reach $8.5 billion in 2018, up from $216 million in 2013 – a Chicago-based startup looks to blow up with it. This morning, NuCurrent, a leader in wireless charging technology, announced a $3.48 million Series A […]

October 21, 2014 By Alida Miranda-Wolff

NuCurrent Raises $3.48M in Series A

Featured on Tech.co NuCurrent, the Chicago-based startup that has grown to become a leader in wireless charging antenna technology, announced this morning that it has raised $3.48 million in a Series A round of funding. “Wireless power is rapidly being engineered into a broader range of consumer and business products from hand-held electronics to furniture […]

October 21, 2014 By Alida Miranda-Wolff

Risk I/O Adds New CEO, $4 Million in Funding

Featured on Crain’s Chicago Business Risk I/O, a fast-growing security software startup, has gotten new funding and a new CEO. The Chicago company hired Silicon Valley veteran Karim Toubba, who ran Juniper Networks Inc.’s security business, as CEO. Founder Ed Bellis will remain with the company. Mr. Toubba will be based in San Francisco, where […]

October 19, 2014 By Alida Miranda-Wolff

Venture Capitalists Love this Gluten-Free Baking Mix Company

Featured on Crain’s Chicago Business This past June, Katlin Smith tied for first place at the 2014 University of Chicago Booth New Venture Challenge for student-created businesses. The 26-year-old CEO took home a $30,000 prize to put toward Simple Mills, her growing line of gluten-free-flour baking mixes. Then, in July, Ms. Smith closed on a first […]

October 4, 2014 By Alida Miranda-Wolff