Portfolio News

Blind Rock Hill mother sees family again with pair of high-tech glasses

Three years ago, Rock Hill mother Brandi Jones Ervin was robbed of her eyesight. After she had gastric bypass surgery, she noticed a blur that could not be rubbed away. She couldn’t cook, she couldn’t drive, and she couldn’t watch her daughter perform in the high school marching band. We, at FOX46 Charlotte, worked to get results for Ervin by way of high-tech Esight glasses. Read more >>
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Chronix Biomedical $8.00 million Fundraising. John DiPietro Filed Jul 18 SEC Filing

Chronix Biomedical Inc, Corporation just had published form D about $8.00 million equity financing. This is a new filing. Chronix Biomedical was able to sell $3.31 million so far. That is 41.34 % of the fundraising. The total financing amount was $8.00 million. This form was filed on 2017-07-18. The reason for the financing was: unspecified. The fundraising still has about $4.69 million more and is not closed yet. We have to wait more to see if the offering will...
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Drug for concussion, stroke found by UT scientist moves closer to human trials

Astrocyte Pharmaceuticals, the company Lechleiter founded with William Korinek of Boston, completed Monday its first round of financing that raised roughly $2.4 million in fresh capital. The fledgling company had $670,000 in seed funding from the federal government since 2014. Lechleiter hopes the drug, which is at least 7 years away from market, could be easily administered by any football coach or paramedic to mitigate the effects of concussions or strokes. Read more >>
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Gates is Still Gunning for HIV. Here’s the Latest

Gates has been backing HIV self-testing and rapid diagnostics projects since around 2010, when it invested $600,000 in Daktari Diagnostics, a company focused on “delivering critical diagnostic test results.” In 2015, Daktari rolled out its portable point-of-care device that measures CD4 cell counts. CD4s are white blood cells that fight infection and are defined as “antigen[s] found on helper T cells.” The following year, in 2011, Gates awarded PATH a $1.1 million grant to “develop a target product profile for...
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Nutter Recognized as Leader in Client Relationships in BTI Industry Power Rankings 2017

Nutter has been recognized by clients as one of 17 law firms with the strongest client relationships in the high tech industry in BTI Consulting’s BTI Industry Power Rankings 2017. The law firms with the strongest relationships—who are both core and recommended first in the high tech industry—were named by clients in BTI Industry Power Rankings 2017. Read more >>
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5 minutes with… Darcy Prather, President of Kalion

Our world demands more materials and polymers to respect the environment and transfer the billions spent on our oil based industries to renewable sources. The challenge arises when striking the balance between these desires and the practicalities of paying more for renewable substitutes. This means that more chemical companies are refining their production processes and the strategies they use to become more competitive on price. Kalion based in Massachusetts is using glucaric acid to provide the low cost molecule in...
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