eLab Ventures

MemryX Inc. specializes in developing in-memory computing chips designed to enhance performance for data-intensive applications, surpassing traditional CPU and GPU architectures. The company has created the Memory Processing Unit (MPU), a large-scale, non-volatile in-memory compute processor specifically tailored for artificial intelligence, machine learning, edge computing, and big data. Utilizing a novel semiconductor storage technology known as resistive random-access memory (ReRAM), the MPU integrates memory and processing capabilities into cohesive memory-compute blocks. This innovative approach eliminates data movement bottlenecks, providing exceptional energy efficiency and computational density. Established in 2018 and headquartered in Ann Arbor, Michigan, MemryX aims to optimize efficiency and flexibility in computing systems.

Traxen is a developer of a cloud-based intelligent cruise control system aimed at enhancing driving efficiency and safety. The platform is designed to optimize fuel consumption by adjusting driving styles based on various factors, including weather, traffic, and road conditions. By considering the hours of service and time of arrival requirements, Traxen's technology not only helps drivers achieve significant cost savings on fuel but also contributes to lower insurance and training expenses. The company's innovations support safer driving practices, promoting a smarter approach to transportation while contributing to energy conservation and overall safety on the roads.

Refraction AI, Inc., an autonomous delivery robot company, builds and deploys robotic platforms to provide goods delivery in urban areas. It offers The REV-1, a delivery robotic vehicle that picks up goods from restaurants, pharmacies, and grocery stores, and bring them directly to the customers’ house. Refraction AI, Inc. was founded in 2017 and is based in Ann Arbor, Michigan.

Refraction AI, Inc., an autonomous delivery robot company, builds and deploys robotic platforms to provide goods delivery in urban areas. It offers The REV-1, a delivery robotic vehicle that picks up goods from restaurants, pharmacies, and grocery stores, and bring them directly to the customers’ house. Refraction AI, Inc. was founded in 2017 and is based in Ann Arbor, Michigan.

Voxel51, Inc. is an AI software company based in Ann Arbor, Michigan, founded in 2016. The company specializes in computer vision and machine learning analytics, focusing on transforming raw video footage and images into actionable intelligence. Voxel51's technology enables computer vision data scientists to efficiently curate and experiment with their datasets, enhancing the performance of their machine learning systems. By employing machine learning techniques, Voxel51 processes video content, providing image recognition capabilities and understanding of motions and objects over time, thereby facilitating advanced analytics in visual data.

MemryX Inc. specializes in developing in-memory computing chips designed to enhance performance for data-intensive applications, surpassing traditional CPU and GPU architectures. The company has created the Memory Processing Unit (MPU), a large-scale, non-volatile in-memory compute processor specifically tailored for artificial intelligence, machine learning, edge computing, and big data. Utilizing a novel semiconductor storage technology known as resistive random-access memory (ReRAM), the MPU integrates memory and processing capabilities into cohesive memory-compute blocks. This innovative approach eliminates data movement bottlenecks, providing exceptional energy efficiency and computational density. Established in 2018 and headquartered in Ann Arbor, Michigan, MemryX aims to optimize efficiency and flexibility in computing systems.

Refraction AI, Inc., an autonomous delivery robot company, builds and deploys robotic platforms to provide goods delivery in urban areas. It offers The REV-1, a delivery robotic vehicle that picks up goods from restaurants, pharmacies, and grocery stores, and bring them directly to the customers’ house. Refraction AI, Inc. was founded in 2017 and is based in Ann Arbor, Michigan.

Traxen is a developer of a cloud-based intelligent cruise control system aimed at enhancing driving efficiency and safety. The platform is designed to optimize fuel consumption by adjusting driving styles based on various factors, including weather, traffic, and road conditions. By considering the hours of service and time of arrival requirements, Traxen's technology not only helps drivers achieve significant cost savings on fuel but also contributes to lower insurance and training expenses. The company's innovations support safer driving practices, promoting a smarter approach to transportation while contributing to energy conservation and overall safety on the roads.

Blue Medora Inc. is a software solutions provider based in Grand Rapids, Michigan, specializing in enhancing the visibility of cloud system management and application performance management. Founded in 2007, the company develops a range of product extensions for major platforms such as VMware vRealize Operations, Oracle Enterprise Manager, and IBM Tivoli Monitoring. Its offerings include management solutions that integrate with various databases and applications, such as Oracle, SAP HANA, Microsoft SQL Server, and NetApp Storage. Blue Medora's solutions facilitate the monitoring and troubleshooting of IT environments, providing analytics and capacity planning capabilities. The company also addresses limitations in traditional IT monitoring through its BindPlane service, which connects performance data across diverse sources. Blue Medora distributes its products through resellers and has established strategic partnerships with VMware, Oracle, and IBM to enhance its service offerings.

Blue Medora Inc. is a software solutions provider based in Grand Rapids, Michigan, specializing in enhancing the visibility of cloud system management and application performance management. Founded in 2007, the company develops a range of product extensions for major platforms such as VMware vRealize Operations, Oracle Enterprise Manager, and IBM Tivoli Monitoring. Its offerings include management solutions that integrate with various databases and applications, such as Oracle, SAP HANA, Microsoft SQL Server, and NetApp Storage. Blue Medora's solutions facilitate the monitoring and troubleshooting of IT environments, providing analytics and capacity planning capabilities. The company also addresses limitations in traditional IT monitoring through its BindPlane service, which connects performance data across diverse sources. Blue Medora distributes its products through resellers and has established strategic partnerships with VMware, Oracle, and IBM to enhance its service offerings.

Clinc, Inc. is a company that specializes in developing artificial intelligence software applications, primarily focused on creating advanced conversational AI platforms. The technology enables enterprises to build sophisticated virtual assistants capable of understanding and responding to user input with a high degree of accuracy. Unlike traditional speech-to-text systems, Clinc's platform analyzes various factors such as wording, sentiment, intent, tone of voice, and contextual information to provide nuanced responses. This approach is powered by cutting-edge machine learning and deep neural networks, which allow the system to continually enhance its knowledge base with each interaction. Originally founded in 2015 as Clarity Lab Inc., Clinc serves multiple industries, including banking, automotive, gaming, and healthcare, and is headquartered in Ann Arbor, Michigan.

Strata Oncology is a precision oncology company focused on enhancing cancer care through increased access to clinical trials and expediting drug approval processes. Based in Ann Arbor, Michigan, Strata develops a comprehensive oncology platform that facilitates routine genomic testing and the efficient use of molecular data. Its offerings include The Strata Trial, a genomic testing protocol aimed at implementing enterprise-wide precision oncology; StrataNGS, a targeted assay for sequencing DNA and RNA from biopsy samples; and StrataPOINT, which integrates electronic medical record data with molecular profiling to ensure eligible patients are tested and considered for precision trials. Additionally, the company manages Strata Partnered Trials, a collection of pharmaceutical-sponsored protocols linked to specific biomarkers, and operates The Strata Lab, a cancer sequencing facility. Through its collaborative network of cancer centers, Strata is dedicated to advancing precision medicine for patients with cancer, ultimately providing actionable insights for healthcare providers.

Clinc, Inc. is a company that specializes in developing artificial intelligence software applications, primarily focused on creating advanced conversational AI platforms. The technology enables enterprises to build sophisticated virtual assistants capable of understanding and responding to user input with a high degree of accuracy. Unlike traditional speech-to-text systems, Clinc's platform analyzes various factors such as wording, sentiment, intent, tone of voice, and contextual information to provide nuanced responses. This approach is powered by cutting-edge machine learning and deep neural networks, which allow the system to continually enhance its knowledge base with each interaction. Originally founded in 2015 as Clarity Lab Inc., Clinc serves multiple industries, including banking, automotive, gaming, and healthcare, and is headquartered in Ann Arbor, Michigan.

Akadeum Life Sciences, Inc. is a life sciences company headquartered in Ann Arbor, Michigan, that specializes in manufacturing microbubble cell separation products. Founded in 2014, the company focuses on isolating mammalian and bacterial cells from complex mixtures, offering a range of products including T cell and B cell isolation kits for human and mouse cells. Additionally, Akadeum provides depletion microbubbles for red blood cell removal and streptavidin microbubbles for targeting and capturing various biological entities. Its innovative approach utilizes buoyancy-activated cell sorting, which employs microscopic microbubbles to effectively isolate target cells by floating them to the surface of liquid samples. These advancements enable medical practitioners to perform downstream testing and analysis with enhanced efficiency. The company sells its products online and has established a strategic partnership with Agilent Technologies.

Blue Medora Inc. is a software solutions provider based in Grand Rapids, Michigan, specializing in enhancing the visibility of cloud system management and application performance management. Founded in 2007, the company develops a range of product extensions for major platforms such as VMware vRealize Operations, Oracle Enterprise Manager, and IBM Tivoli Monitoring. Its offerings include management solutions that integrate with various databases and applications, such as Oracle, SAP HANA, Microsoft SQL Server, and NetApp Storage. Blue Medora's solutions facilitate the monitoring and troubleshooting of IT environments, providing analytics and capacity planning capabilities. The company also addresses limitations in traditional IT monitoring through its BindPlane service, which connects performance data across diverse sources. Blue Medora distributes its products through resellers and has established strategic partnerships with VMware, Oracle, and IBM to enhance its service offerings.

Akadeum Life Sciences, Inc. is a life sciences company headquartered in Ann Arbor, Michigan, that specializes in manufacturing microbubble cell separation products. Founded in 2014, the company focuses on isolating mammalian and bacterial cells from complex mixtures, offering a range of products including T cell and B cell isolation kits for human and mouse cells. Additionally, Akadeum provides depletion microbubbles for red blood cell removal and streptavidin microbubbles for targeting and capturing various biological entities. Its innovative approach utilizes buoyancy-activated cell sorting, which employs microscopic microbubbles to effectively isolate target cells by floating them to the surface of liquid samples. These advancements enable medical practitioners to perform downstream testing and analysis with enhanced efficiency. The company sells its products online and has established a strategic partnership with Agilent Technologies.