NJEDA

NJEDA is a government entity assisting and giving access to capital, including tax-exempt and taxable bond financing. It also offers loans, loan guarantees, and business and tax incentives. In addition, it offers real estate development assistance and technology facilities. In 1974, John Smith established it in Trenton, New Jersey.

Kamran Hashmi

Managing Director-Product Operations

Clark Smith

Director - Innovation Programs

155 past transactions

Community FoodBank of New Jersey

Grant in 2024
Community FoodBank of New Jersey packages food orders for local soup kitchens and food pantries, purchases and collects food for distribution, and helps people in need through SNAP application assistance. It is an anti-hunger and anti-poverty organization.

Amatec

Grant in 2024
Amatec is an advanced materials company developing innovative construction solutions for the global housing and infrastructure sectors. Our flagship technology transforms industrial gypsum waste into fast-curing, high-strength, and low-carbon alternative concrete — enabling faster, greener, and more cost-effective construction. Amatec’s primary focus is on building a network of Microfactories: compact, modular production units capable of manufacturing high-quality precast housing panels and components. By leveraging phosphogypsum hemihydrate as a core raw material, Amatec helps industries repurpose mineral waste into sustainable building materials, significantly reducing environmental impact. Amatec's solutions are designed for scalability, automation, and rapid deployment, making them ideal for addressing major housing needs in the United States and elsewhere. The company is currently piloting its first microfactory and phosphogypsum processing lines in partnership with major industrial players.

Gen Auto AI

Pre Seed Round in 2024
At General Autonomy Inc. (Gen Auto AI), we are dedicated to pioneering safe, explainable AI technologies to foster trustworthy general autonomy, aimed at enhancing urban living through the use of robots. Our commitment to safety is the cornerstone of our approach, ensuring that every solution we develop meets the highest standards of reliability and security. Our innovative autonomy solutions are designed to seamlessly integrate into urban environments, offering advanced capabilities for autonomous robotic vehicles, connected and autonomous vehicles, and industrial mobile robots. Understanding the critical importance of trust in the adoption of autonomous technologies, we leverage explainable AI to ensure our systems are not only effective but also transparent and understandable. This approach empowers us to build confidence in our technologies, paving the way for a future where urban life is significantly improved through intelligent, autonomous assistance. With a focus on enhancing safety and operational efficiency, our solutions are tailored to meet the diverse needs of urban settings. Whether it’s improving transportation with connected and autonomous vehicles, optimizing logistics with industrial mobile robots, or introducing autonomous robotic vehicles to assist with urban tasks, Gen Auto AI is at the forefront of transforming urban landscapes. We are excited about the future and are diligently working to bring our services to you soon. Stay tuned for groundbreaking advancements in general autonomy from Gen Auto Ai, where safety leads and innovation transforms urban living.

Solar Landscape

Debt Financing in 2024
Solar Landscape is an installer and operator of solar energy systems, specializing in providing solar photovoltaic systems for commercial, industrial, municipal, public school, and non-profit sectors. As an electrical contractor, the company offers comprehensive services that encompass solar project design, management, and construction. Solar Landscape focuses on large-scale rooftop projects, combining business operations, construction expertise, and financial structuring to effectively meet the diverse needs of its clients in the solar energy market.

TLA Innovation

Grant in 2024
TLA Innovation develops solutions faced by individuals and enterprises for the cybersecurity, privacy, and regulatory industries. It was founded in 2020 and is headquartered in Paramus, New Jersey.

VipHomeLink

Grant in 2024
VipHomeLink LLC is a provider of a digital home management solution based in Morristown, New Jersey, founded in 2018. The company's application simplifies homeownership by offering a range of services that include storing important documents, tracking renovation projects, creating home inventories for insurance purposes, and delivering maintenance advice and reminders. Designed with modern homeowners in mind, VipHomeLink's platform features a gamified digital dashboard that allows users to build a comprehensive profile of their home. By partnering with insurance carriers, warranty companies, and real estate segments, the company enhances customer engagement while also aiming to reduce home insurance claims. Overall, VipHomeLink's innovative solution is focused on making homes safer, more valuable, and energy-efficient, ultimately streamlining the home management experience for its users.

Jersey City Redevelopment Agency

Grant in 2024
Jersey City Redevelopment Agency provides facilitation, site assemblage, clearance, environmental remediation, and developer selection for residential, commercial, and industrial real estate projects. The agency also offers guiding principles to improve life, economy, housing, building, and viable partnerships with the community.

Citius Pharma

Grant in 2024
Citius Pharmaceuticals, Inc. is a specialty biopharmaceutical company headquartered in Cranford, New Jersey, focused on the development and commercialization of critical care products. The company specializes in anti-infectives, cancer care, prescription medications, and mesenchymal stem cell therapies. Among its key product candidates is Mino-Lok, an antibiotic lock solution designed to treat catheter-related bloodstream infections, currently in Phase III clinical trials. Citius is also advancing Mino-Wrap, a gel-based solution aimed at reducing infections following breast reconstructive surgeries, and Halo-Lido, a topical formulation for alleviating hemorrhoidal discomfort. Additionally, Citius is developing NoveCite, a mesenchymal stem cell therapy targeting acute respiratory distress syndrome. Through its innovative approach, Citius Pharmaceuticals seeks to provide effective therapeutic options in markets that are underserved by existing treatments. The company was founded in 2007.

Ocean Power Technologies (OPT)

Funding Round in 2024
Ocean Power Technologies, Inc. is a leader in developing systems that convert ocean wave energy into electricity. The company operates primarily in North and South America, Europe, and Asia, offering various products, including the PB3 PowerBuoy system, which generates power independently of the electric grid for use in remote offshore locations. Their product line includes both utility and autonomous PowerBuoy systems, as well as hybrid PowerBuoy products and subsea battery systems. Additionally, the company provides services such as electric power generation, real-time data communications, and marine installation for sectors like offshore oil and gas, defense and security, science and research, and communication. Founded in 1984 and headquartered in Monroe Township, New Jersey, Ocean Power Technologies targets public and private entities that require reliable remote power solutions.

Newark Alliance

Grant in 2023
Newark Alliance is a non-profit organization focused on driving economic growth and revitalization in Newark, New Jersey. It operates a coalition of the city's major institutions, fostering strategic partnerships and collaborative initiatives across sectors such as business, education, healthcare, and government. The organization aims to create jobs, stimulate economic development, and support community renewal, ultimately promoting inclusive growth for Newark and its residents.

1Huddle

Venture Round in 2023
1Huddle, Inc. is a global provider of staff training and consulting services, specializing in an interactive, cloud-based training platform designed to enhance employee onboarding and skills development. Founded in 2010 and headquartered in Newark, New Jersey, the company transforms traditional training materials into competitive mobile games, allowing employees to engage with content anytime and anywhere. 1Huddle serves a diverse range of sectors, including professional sports, education, health and fitness, finance, and retail, among others. The platform boasts over 70 paying clients and more than 20,000 users, with a vast library of 5 million game questions. By incorporating gamification into training programs, 1Huddle aims to improve employee engagement and performance, positioning itself as a leader in innovative workforce development solutions.

PolyGone Systems

Grant in 2023
PolyGone Systems is a cleantech company that removes microplastic pollutants from waterways. PolyGone Systems was founded in 2021.

Farm to Flame Energy

Grant in 2023
Farm to Flame Energy is a manufacturer of biomass-powered generators that utilize one or two feedstocks to operate their engines. Established in 2018, the company provides electrical generators that are designed to be smokeless and odorless, offering a cost-effective alternative to diesel generators. In addition to the generators, Farm to Flame Energy offers ongoing fueling and monitoring services, along with a blockchain-based application that allows customers to remotely manage their generators. This application enables users to turn their generators on and off, receive alerts for low fuel levels, and ensure environmentally friendly operation, all contributing to a pollution-free energy solution.

HiT Nano

Grant in 2023
HiT Nano is a spin-off from Princeton University focused on the development and manufacturing of materials for lithium-ion batteries and energy storage solutions. The company specializes in producing cathode and anode materials, as well as materials for thermochemical energy storage, optical imaging, and catalysis. HiT Nano's innovative processes aim to enable the low-cost, sustainable production of these materials, contributing to the advancement of rechargeable batteries and electric vehicles while minimizing environmental impact. Through its commitment to scaling up sustainable manufacturing, HiT Nano is poised to play a significant role in the evolving energy storage market.

Princeton NuEnergy

Grant in 2023
Princeton NuEnergy is a startup specializing in recycling lithium-ion batteries from electric vehicles and consumer electronics. Utilizing its patented Direct Battery Recycling technology, the company recovers high-quality cathode active materials from spent batteries at low operating costs. This process enables Princeton NuEnergy to offer sustainable solutions for energy storage systems and contribute to waste reduction in the electronics industry.

Gridless Power

Grant in 2023
Gridless Power specializes in providing portable off-grid power solutions through innovative battery systems that primarily utilize solar energy. The company's products are designed to charge a variety of devices, including mobile phones, laptops, and other electrical equipment, making them suitable for diverse environments such as densely populated urban areas and remote locations. Gridless Power aims to enhance the performance of conventional generators and improve access to energy in critical situations, including disaster response and events like street fairs. By modernizing energy products, Gridless Power seeks to transform societal perceptions of off-grid energy provision.

4.0 Analytics

Grant in 2023
4.0 Analytics specializes in developing advanced vehicle management systems that leverage Big Data, analytics, and Internet of Things (IoT) technologies to enhance vehicle operating efficiency. The company focuses on predictive maintenance, enabling clients to foresee potential car failures before they occur. By continuously monitoring engine performance, 4.0 Analytics generates critical insights that support reductions in fuel consumption and maintenance costs. This proactive approach helps clients maintain their vehicles cost-effectively, ultimately allowing them to avoid the high expenses associated with replacements. Through its innovative solutions, 4.0 Analytics aims to transform vehicle management and improve overall operational efficiency for its customers.

SunRay Scientific

Grant in 2023
SunRay Scientific LLC is an advanced materials manufacturer based in Long Branch, New Jersey, specializing in the production of conductive adhesives and related products for flexible electronics. Founded in 1998, the company designs and manufactures anisotropic conductive adhesives, conductive inks, epoxies, and encapsulants that facilitate high-throughput processes in flexible circuitry and semiconductor packaging. SunRay Scientific serves various industries, including healthcare, military defense, automotive, and consumer electronics, providing solutions that enhance the performance and reliability of flexible, wearable electronics. The company's innovative offerings are aimed at revolutionizing the flexible hybrid and miniaturized electronics market, while generating revenue through material sales, licensing, and engineering services.

FADRS

Grant in 2023
FADRS is a self-healing smart grid technology solution implementing artificial intelligence software, that provide significant monetary savings, maximized demand response revenues, automate demand response participation, reduction in energy use, maintain occupant comfort levels, help with power grid reliability and stability, reduce carbon footprint, environmental benefits, energy savings, electricity, includes oil, gas, propane and other fuels, and water.

WeSolar CSP

Grant in 2023
WeSolar CSP provides green hydrogen production, potable water, and long term energy storage. They build scalable and modular concentrated solar power applications for governments, corporations, industries, and communities.

Brisea International Development

Grant in 2023
Brisea International Development offers environmental engineering services, energy consulting services, market research and development.

Becq

Grant in 2023
Becq is a materials engineering company specializing in radiation shielding solutions for the nuclear industry. By utilizing artificial intelligence and machine learning, Becq designs innovative materials that provide enhanced radiation-stopping power tailored to specific conditions such as neutron and gamma sources, design temperature, desired dose rate, and various geometric or weight constraints. This advanced approach allows clients to operate efficiently even in demanding environments, ensuring safety and effectiveness in their operations.

Geo Greens

Grant in 2023
GeoGreens is an indoor hydroponics farm, that raises fresh, local vegetables for the Tristate area. Its goal is to get as near to a zero-waste farm as possible. With regard to water, utilities, and medium.

Energy Research Company

Grant in 2023
Energy Research Company (ERCo), formed in 1991, is a small high-tech company that conducts research in industrial energy and emissions related areas. ERCo has a number of federal and state R&D technology contracts as well as funding from commercial sources. The company develops technologies that it owns and typically licenses to others for commercial deployment. Also, ERCo consults with other companies on technology matters and assists them in obtaining R&D technology or demonstration grants.

New Jersey Environmental Justice Alliance

Grant in 2023
The New Jersey Environmental Justice Alliance is a coalition of organizations and individuals who are dedicated to identifying, preventing, reducing, and/or eliminating environmental injustices that affect low-income communities of color. NJEJA supports local efforts to restore and rebuild devastated neighborhoods utilizing the community's vision for improvement.

Mid-Atlantic States Career & Education Center

Grant in 2023
Mid-Atlantic States Career & Education Center provides job skills and job placement programs for individuals on assistance, veterans, and those incarcerated in local correctional facilities. It also provides youth and adult mentoring programs, alternative energy programs, sustainable farming, and food science training programs.

Ivv Hill Neighborhood Association

Grant in 2023
Ivv Hill Neighborhood Association is a hoc community group concerned about the deterioration of public services.

Eastern Atlantic States Regional Council of Carpenters

Grant in 2023
Eastern Atlantic States Regional Council of Carpenters is a nonprofit firm fighting for workers' rights, better pay, and shorter workdays.

Apex Solutions Foundation

Grant in 2023
The APEX Foundation is a non-profit organization with the State of New Jersey and the Federal Government. Apex Solutions Foundation focuses on workforce development micro-grants for Train-To-Hire Cohorts; and scholarships for students attending junior colleges, as well as traditional college students who have an interest in entrepreneurship.

Camden County Technical Schools

Grant in 2023
At Technical Institute of Camden County in Sicklerville, New Jersey, high school students can receive career training, an academic education and high school credit. The institute also provides a range of services, including assessment and counseling, to prepare students for the workforce or community college transfer. Technical Institute of Camden County offers vocational programs through several distinctive academies. The institute’s academies include: * Information Technology * Medical Arts * Music * Performing Arts Technical Institute students also receive a comprehensive education that encompasses courses in: * English * Math * Social Sciences * World Languages Students earn their high school diploma and may even receive college credit. Those who wish to transfer to a community college may receive transfer counseling and assessment. Students at the institute may also benefit from vocational assessment, personal counseling and childcare. Admissions requirements include submission of an application, a report card or transcript and standardized test scores. For information about possible course fees, contact a school representative.

Camden County College

Grant in 2023
For a high-quality educational experience at one of the nation’s fastest growing community colleges, you should consider the Camden County College in Camden, New Jersey. The Office of Student Life and Activities makes sure students have numerous resources and opportunities for an enriching, well-rounded education. Students may take organized bus trips to events like the Feast of San Gennaro in New York City or participate in campus activities and celebrations like barbecues, multicultural events and socials. Students also have easy access to wide variety of clubs and organizations, the school’s radio station, student government and opportunities to work for the campus press. Academics include more than 100 associate’s degrees and certificate programs. Associate’s degrees are designed to provide students with solid foundational knowledge to transfer to four-year programs. Some degrees include Business Management and Law, Medical Laboratory Technology and Sociology. Certificate programs are offered in Allied Health, Computer Training and more. Admissions are open. Any student who has earned a high school diploma or GED and is at least 18 years of age has the opportunity to enroll. Tuition differs slightly among students, depending on residency. The cost is lower for Camden County residents. Out of county and out-of-state students pay the same rate, while international students must pay more. Students who file a FAFSA and submit an authorization and certification form will be considered to receive financial aid through the Hope scholarship, other institutional scholarships, federal and state grants and student loans.

DIA

Grant in 2023
Dia has invented an electrochemical sensor that can measure a wide variety of chemical biomarkers non-invasively in saliva or sweat. The data is sent via Bluetooth to an app on the user’s smartphone and analyzed in real-time. From the app, it can be securely sent to a third party. To date, we have measured hormones, electrolytes, neurotransmitters and metabolites. At DIA, we let the biology dictate which analyte we put on which platform – our wearable arm sleeve for sweat or our table-top device for saliva – because some biomarkers, such as cortisol fluctuate throughout the day and need to be monitored through a wearable sensor, while others, such as creatinine are more suitable to a daily saliva test.

Blink Charging

Grant in 2023
Blink Charging Co. is a prominent provider of electric vehicle (EV) charging solutions in the United States, specializing in the ownership, operation, and distribution of EV charging equipment. The company offers both residential and commercial charging stations, facilitating convenient recharging options for EV drivers across a variety of locations. Blink Charging operates the Blink Network, a cloud-based platform that enables the management and monitoring of charging stations, delivering essential data and services to property owners, managers, and parking facilities. This network supports remote monitoring and payment processing, while providing users with real-time information on station availability and fees. Additionally, the company engages in strategic partnerships with various sectors, including transit hubs, healthcare facilities, retail establishments, and residential communities, enhancing its service reach. Established in 2009 and headquartered in Miami Beach, Florida, Blink Charging has significantly expanded its infrastructure, boasting thousands of charging stations across the nation.

Farm to Flame Energy

Grant in 2023
Farm to Flame Energy is a manufacturer of biomass-powered generators that utilize one or two feedstocks to operate their engines. Established in 2018, the company provides electrical generators that are designed to be smokeless and odorless, offering a cost-effective alternative to diesel generators. In addition to the generators, Farm to Flame Energy offers ongoing fueling and monitoring services, along with a blockchain-based application that allows customers to remotely manage their generators. This application enables users to turn their generators on and off, receive alerts for low fuel levels, and ensure environmentally friendly operation, all contributing to a pollution-free energy solution.

Innovative AI Technology

Grant in 2023
Innovative AI Technology offers a platform that serves as a springboard for NJIT graduates' creative ideas.

Bezwada Biomedical

Grant in 2023
Bezwada Biomedical is a medical company that specializes in biomedical absorbable polymers. The company was established in 2003 and is based in Hillsborough, New Jersey.

Optimeos Life Sciences

Grant in 2023
Optimeos Life Sciences is a biotechnology company focused on developing encapsulation technology-based drugs that utilize biologics, peptides, and RNA for disease treatment. The company addresses significant challenges associated with the delivery of biologics and peptide therapeutics by providing solutions that protect these agents and ensure their targeted delivery within the body. This innovative approach facilitates sustained delivery of peptide therapeutics through the use of nano-composite microparticles, thereby enhancing the efficacy of treatments and improving patient outcomes.

SingletO2 Therapeutics

Grant in 2023
SingletO2 Therapeutics, established in 2015 and based in New Providence, New Jersey, focuses on developing innovative treatments for periodontal disease. The company leverages the potent bacteria-killing properties of singlet oxygen to create therapies that can address advanced stages of the disease without the need for surgical intervention.

Enalare Therapeutics

Grant in 2023
Enalare Therapeutics Inc. is a clinical-stage biopharmaceutical company dedicated to developing and commercializing novel therapies for patients suffering from acute respiratory and critical care conditions including respiratory depression caused by drug overdose, post-surgery, and pathogens.

Venarum Medical

Grant in 2023
Venarum Medical creates endovascular solutions for severe vascular problems, such as deep vein chronic venous insufficiency. They provide catheter-delivered implants for a prosthetic venous valve and a urine incontinence device.

Impact Business Information Solutions

Grant in 2023
Impact Business Information Solutions is a medical image data management system designed for the healthcare and life sciences industries. With the help of the company's platform, which combines an edge computing-based integration with external third parties for process and workflow automation with an AI-integrated search fabric for cross-ology data review, healthcare workers can significantly improve business processes, increase data quality, lower costs, and boost overall performance.

Shock Tech

Grant in 2023
Shock Tech designs, manufactures, and tests shock attenuation and vibration isolation systems for the most demanding environments. They provide solutions for customer equipment’s dynamic protection problems. They also offer technical support and rapid prototyping services.

Paragon Pure

Grant in 2023
Paragon Pure is a food company focused on developing innovative natural ingredients that cater to contemporary dietary demands. Specializing in flavor encapsulation and process engineering, the company creates a sustainable structured fat and flavor system using upcycled rice bran, particularly for alternative protein products. By utilizing genuine ingredients, Paragon Pure delivers natural flavors, colors, and essential nutrients, enhancing the taste and quality of wholesome foods. Their commitment to health and sustainability allows consumers to experience the full spectrum of flavors while supporting environmentally responsible practices.

Regenosine

Grant in 2023
Regenosine is a healthcare company focused on developing regenerative therapies aimed at tissue regeneration. The company specializes in products that promote cartilage regeneration and joint preservation. Utilizing a purinergic system, Regenosine's therapies are designed to regulate and maintain tissue homeostasis while restoring adenosine levels. This innovative approach enables patients to harness the healing potential of adenosine, thereby facilitating effective tissue regeneration. The company also provides an online inquiry form on its website for customer engagement.

AuresTech

Grant in 2023
AuresTech is committed to providing customers with robust technical solutions, and they always strive to deliver solutions to the most difficult problems. They provide systems engineering, field programmable gate array, and machine learning services.

Palatin Technologies

Grant in 2023
Palatin Technologies, Inc. is a biopharmaceutical company focused on developing targeted, receptor-specific peptide therapeutics to address diseases with significant unmet medical needs. Based in Cranbury, New Jersey, the company’s lead product is Vyleesi, a melanocortin receptor agonist aimed at treating premenopausal women with acquired, generalized hypoactive sexual desire disorder. In addition to Vyleesi, Palatin is advancing several other drug candidates, including oral PL8177 and systemic PL8177 for inflammatory bowel diseases and non-infectious uveitis, respectively. The company also develops PL9643 for ocular inflammatory conditions, PL3994 for cardiovascular issues, and PL5028 for cardiovascular and fibrotic diseases. Palatin's research emphasizes receptor-selective melanocortin agonists, which activate endogenous pathways to mitigate inflammation and promote tissue healing in various disease models, particularly in ocular and intestinal applications.

Citius Pharma

Post in 2022
Citius Pharmaceuticals, Inc. is a specialty biopharmaceutical company headquartered in Cranford, New Jersey, focused on the development and commercialization of critical care products. The company specializes in anti-infectives, cancer care, prescription medications, and mesenchymal stem cell therapies. Among its key product candidates is Mino-Lok, an antibiotic lock solution designed to treat catheter-related bloodstream infections, currently in Phase III clinical trials. Citius is also advancing Mino-Wrap, a gel-based solution aimed at reducing infections following breast reconstructive surgeries, and Halo-Lido, a topical formulation for alleviating hemorrhoidal discomfort. Additionally, Citius is developing NoveCite, a mesenchymal stem cell therapy targeting acute respiratory distress syndrome. Through its innovative approach, Citius Pharmaceuticals seeks to provide effective therapeutic options in markets that are underserved by existing treatments. The company was founded in 2007.

Soligenix

Post in 2022
Soligenix, Inc., a late-stage biopharmaceutical company based in Princeton, New Jersey, focuses on developing and commercializing treatments for rare diseases and serious side effects of cancer therapies, where there is an unmet medical need. The company operates through two segments: Specialized BioTherapeutics and Public Health Solutions. The Specialized BioTherapeutics segment develops therapies such as SGX301 for cutaneous T-cell lymphoma, SGX942 for oral mucositis in head and neck cancer, and proprietary formulations of oral beclomethasone for gastrointestinal disorders. The Public Health Solutions segment works on biodefense vaccines and therapeutics, including RiVax, a ricin toxin vaccine, and SGX943, a therapeutic candidate for antibiotic-resistant and emerging infectious diseases.

Lactiga

Grant in 2022
Lactiga is a biotherapeutics company focused on developing innovative biologics aimed at treating and preventing infections, particularly for patients with Primary Immunodeficiency Diseases. By harnessing the therapeutic potential of human milk, Lactiga seeks to combat severe pathogens and improve the quality of life for individuals with rare immunodeficiencies, such as selective IgA deficiency and common variable immunodeficiency. The company's biotherapeutics are designed to prevent mucosal infections, enabling immunodeficient and immunocompromised individuals to lead healthier lives without the need for invasive treatments.

envoyatHome

Seed Round in 2022
EnvoyatHome is a developer of digital monitoring software focused on enhancing the quality of care for at-risk seniors. The company utilizes Internet of Things (IoT) and sensor technology, integrated with a software-as-a-service (SaaS) delivery platform, to generate continuous, real-time data from a patient's behaviors. This data is transformed into clinically relevant insights, allowing families to monitor their loved ones effectively and respond to risky behaviors as they occur. By providing personalized and cost-efficient care services directly in the home, EnvoyatHome aims to ensure that seniors receive the support they need while promoting accessibility and affordability for families.

Licentiam

Grant in 2022
Licentiam is a developer of a cloud-based medical licensure platform designed to simplify the medical licensing processes. The platform connects health professionals, health systems, and government regulators, providing valuable insights on relevant policies and laws related to medical licensing. By streamlining the physician licensing process, Licentiam aims to reduce the review processing time for healthcare businesses, enhancing efficiency and promoting smoother operations within the healthcare sector.

OLI

Grant in 2022
Medical Devices, Kidney Disease, Wearables, Medtech, Hardtech

Redifarms

Grant in 2022
Redi-farms is an indoor, vertical, hydroponic farm. Redi-farms recognize the need for local, pesticide-free produce in order to reduce our carbon footprint as well as supply healthier, more nutritious, and tastier alternatives to the plastic-wrapped options available at grocery stores today.

NeuroPair

Grant in 2022
NeuroPair is a medicinal startup in its early stages that aims to restore and reconnect neurons after spinal cord injury.

OLI Systems

Grant in 2022
OLI Systems is a prominent software company that focuses on modeling and simulation of electrolyte systems. The company develops commercial software designed to simulate the chemical and phase behavior of aqueous-based systems. Its offerings include a comprehensive chemistry data bank, thermodynamic frameworks, and a diverse software portfolio, along with extensive services and applications expertise. This enables clients to effectively address complex challenges related to water chemistry.

PolyGone Systems

Grant in 2022
PolyGone Systems is a cleantech company that removes microplastic pollutants from waterways. PolyGone Systems was founded in 2021.

iCheck Energy

Grant in 2022
ICheck Energy provides a platform (the "Service") that allows you to request and download utility billing and usage information from utility account holders.

Exovolar

Grant in 2022
Exovolar is a company focused on advancing personal air mobility through innovative technology. It develops personal aircraft designed for vertical take-off and landing, aiming to make air travel accessible to a wider audience. Exovolar offers a flying chassis paired with a wearable exoskeleton system, which enhances operational capabilities for various applications, including cargo transportation and aerial work. This technology is particularly valuable for operators involved in offshore wind turbine maintenance, utility networks, and search and rescue missions, allowing for hands-free flight and enabling robotic systems to perform tasks in the air. By democratizing personal air mobility, Exovolar is positioning itself as a key player in the evolving landscape of aerial transportation.

envoyatHome

Grant in 2022
EnvoyatHome is a developer of digital monitoring software focused on enhancing the quality of care for at-risk seniors. The company utilizes Internet of Things (IoT) and sensor technology, integrated with a software-as-a-service (SaaS) delivery platform, to generate continuous, real-time data from a patient's behaviors. This data is transformed into clinically relevant insights, allowing families to monitor their loved ones effectively and respond to risky behaviors as they occur. By providing personalized and cost-efficient care services directly in the home, EnvoyatHome aims to ensure that seniors receive the support they need while promoting accessibility and affordability for families.

Regenosine

Grant in 2022
Regenosine is a healthcare company focused on developing regenerative therapies aimed at tissue regeneration. The company specializes in products that promote cartilage regeneration and joint preservation. Utilizing a purinergic system, Regenosine's therapies are designed to regulate and maintain tissue homeostasis while restoring adenosine levels. This innovative approach enables patients to harness the healing potential of adenosine, thereby facilitating effective tissue regeneration. The company also provides an online inquiry form on its website for customer engagement.

Beyond Main

Grant in 2022
Beyond Main provides a better way for retailers in local communitites to more effectively, and efficiently, support the customer purchasing needs of today. Beyond Main offers vendors an innovative platform to strengthen engagement with merchants and customers.

CSR Pharma Group

Grant in 2022
CSR Pharma Group Company's mission is to market and deliver transformative healthcare products to patients suffering from difficult-to-treat diseases with unmet medical needs or limited patient options.

Serdiuk Industries

Grant in 2022
Serdiuk Industries designs build and deploy Self Leveling Flight Decks for UAV, eVTOL, and Air Taxi operations onboard marine vessels and ocean and lake surfaces.

Hindsight

Grant in 2022
Hindsight is a developer of a contextual search advertising platform that assists publishers and advertisers in monetizing and engaging audiences in a cookie-less web environment. The platform facilitates content-targeted campaigns and publisher units that adapt dynamically to the content being displayed. This capability enhances content targeting and conversion rates, enabling users to diversify their strategies and reduce reliance on third-party cookies. By focusing on contextual relevance, Hindsight aims to improve the effectiveness of online advertising while maintaining user privacy.

Tendo Technologies

Grant in 2022
Tendo Technologies is an industrial technology company focused on the development and manufacturing of advanced flow sensors and dispensing systems for commercial and industrial applications. Utilizing innovative elastic filament velocimetry technology, Tendo produces miniature sensors capable of precisely detecting low flow rates and measuring temperature. Their solutions cater to various sectors, including medical, agriculture, food, and manufacturing, enabling these industries to monitor flow rate and pressure measurements effectively. By leveraging advancements in high-fidelity flow measurement, Tendo aims to enhance flow sensing accuracy while maintaining a cost-effective approach.

HealRWorld

Grant in 2022
HealRWorld is a global sustainable business data platform that focuses on providing insights to promote sustainable commerce. The company offers data aggregation services that leverage environmental, social, and governance (ESG) metrics, along with firmographic and credit data on small and medium-sized enterprises (SMEs) and large businesses. By creating a proprietary sustainability rating and an online business directory, HealRWorld enables clients to access comprehensive data models and a community platform. This framework is designed to inform businesses and consumers, facilitating decision-making in sustainable commerce, donations, and investments. Through its services, HealRWorld aims to accelerate the sales and trading of sustainably produced goods while encouraging the patronage of sustainable companies in both developed and emerging markets.

SunOwner

Grant in 2022
SunOwner is focused on helping buildings and residences achieve Net Zero emissions by developing innovative technology aimed at reducing greenhouse gas emissions. The company specializes in solar thermal collection systems that capture heat from solar electric modules. These systems are designed to deliver thermal energy for heating domestic hot water and can be integrated with heat pumps for space heating, enabling homes to attain complete energy independence. By promoting sustainable energy solutions, SunOwner is contributing to a more environmentally friendly future.

Energy Research Company

Grant in 2022
Energy Research Company (ERCo), formed in 1991, is a small high-tech company that conducts research in industrial energy and emissions related areas. ERCo has a number of federal and state R&D technology contracts as well as funding from commercial sources. The company develops technologies that it owns and typically licenses to others for commercial deployment. Also, ERCo consults with other companies on technology matters and assists them in obtaining R&D technology or demonstration grants.

First Priority Group

Grant in 2022
First Priority Group is a manufacturer and dealer of emergency and specialty vehicles.

AquaPao

Grant in 2022
AquaPao is a company focused on developing innovative solutions to address water scarcity challenges through advanced solar technology. It has created a photo-responsive solar absorber gel that utilizes its proprietary SAG technology, which facilitates the absorption and release of water through hydrophilic and hydrophobic switching at lower critical solution temperatures achievable with natural sunlight. This technology aims to overcome the limitations of solar water production, particularly the issue of vaporization heat, thereby enhancing the efficiency of solar purification methods. By enabling effective water recycling and regulation, AquaPao aspires to contribute significantly to increasing access to clean water in the future.

Kathera Bioscience

Grant in 2022
Kathera Bioscience is developing therapies to treat fungal infections that are a major cause of human disease due to rising numbers of infections globally. KatheraBio aims to develop novel, broad-spectrum drugs to overcome the limitations of current treatment options.

Discogen

Grant in 2022
Discogen is medical device organization based in Weston, Florida specializing in the development of technologies to treat early disc degeneration. In 2007, the company was acquired by SpineOvations, a San Diego-based, privately held medical device company.

Plumeria Therapeutics

Grant in 2022
Plumeria Therapeutics mission is to create precise therapies for the treatment of neuro-inflammatory diseases.

Innovations Unlimited

Grant in 2022
Innovations Unlimited mission is to create products that improve quality of life while lowering healthcare costs.

Brisea International Development

Grant in 2022
Brisea International Development offers environmental engineering services, energy consulting services, market research and development.

4.0 Analytics

Grant in 2022
4.0 Analytics specializes in developing advanced vehicle management systems that leverage Big Data, analytics, and Internet of Things (IoT) technologies to enhance vehicle operating efficiency. The company focuses on predictive maintenance, enabling clients to foresee potential car failures before they occur. By continuously monitoring engine performance, 4.0 Analytics generates critical insights that support reductions in fuel consumption and maintenance costs. This proactive approach helps clients maintain their vehicles cost-effectively, ultimately allowing them to avoid the high expenses associated with replacements. Through its innovative solutions, 4.0 Analytics aims to transform vehicle management and improve overall operational efficiency for its customers.

SingletO2 Therapeutics

Grant in 2022
SingletO2 Therapeutics, established in 2015 and based in New Providence, New Jersey, focuses on developing innovative treatments for periodontal disease. The company leverages the potent bacteria-killing properties of singlet oxygen to create therapies that can address advanced stages of the disease without the need for surgical intervention.

Phoresis

Grant in 2022
Phoresis is a Separation unit meant to lower the cost of water purification. Customers are able to access reasonably priced, clean drinking water thanks to the company's unique diffusiophoresis technology and related process technologies, which are used to operate separation units efficiently with diverse separation needs to be associated with a range of applications.

DMK Pharmaceuticals

Grant in 2022
DMK Pharmaceuticals, Inc. is a pharmaceutical company founded in 2016 and located in Gladstone, New Jersey. The company specializes in developing innovative therapies for the treatment of moderate to severe pain, focusing on mixed opioid receptor agonists. One of its key products is DPI-125, a non-addictive analgesic designed to address opioid abuse while providing effective pain relief. DMK Pharmaceuticals aims to assist patients managing central nervous system disorders, enabling them to regain control over their lives from chronic pain, addiction, Parkinson's disease, depression, and related health challenges.

Arke Aeronautics

Grant in 2022
Arke Aeronautics LLC is a company that specializes in developing drone software and cloud-based technology aimed at enhancing situational awareness for first responders. Founded in 2017 and headquartered in New Jersey, the company provides a platform that delivers live aerial video to smartphones, allowing police, fire departments, and environmental management teams to assess situations before reaching the scene. By integrating proprietary software with commercial-grade unmanned aviation systems, Arke Aeronautics empowers first responders to make informed command decisions, ultimately contributing to life-saving outcomes in emergency situations.

HiT Nano

Grant in 2022
HiT Nano is a spin-off from Princeton University focused on the development and manufacturing of materials for lithium-ion batteries and energy storage solutions. The company specializes in producing cathode and anode materials, as well as materials for thermochemical energy storage, optical imaging, and catalysis. HiT Nano's innovative processes aim to enable the low-cost, sustainable production of these materials, contributing to the advancement of rechargeable batteries and electric vehicles while minimizing environmental impact. Through its commitment to scaling up sustainable manufacturing, HiT Nano is poised to play a significant role in the evolving energy storage market.

Spectronn

Grant in 2022
Spectronn is an innovative wireless startup that specializes in AI-driven, cloud-managed cognitive radio networking and mobile edge computing technologies. The company develops software-defined wireless networking products that facilitate the integration of cognitive mobile networking with edge computing. Spectronn's technology is utilized in various applications, including connected trains, onboard WiFi systems, and resilient public safety communications. It also supports low-latency wireless video streaming, video management, and AI-based video analytics. Additionally, the company's solutions provide high-capacity backhaul for dense WiFi setups at public events and are applicable in Department of Defense contexts. By offering these advanced technologies, Spectronn enables clients to effectively merge cognitive computing with cognitive networking, ensuring access to robust, high-speed wireless systems.

Li Creative Technologies

Grant in 2022
LcT is an established leader in audio and speech technology with over a dozen patents filed. Leveraging its success as a defense contractor for the past 10 years, LcT is now launching and licensing its patented Smart Microphone products and technology to the commercial marketplace. Smart microphones are microphones that listen; they have both transducers (“ears”) and digital signal processor (“brain”). The result: they reduce background noise, enhance the speaker’s voice, improve accuracy of automatic speech recognition (ASR) software, and enable 3D sound recording. The 3D sound includes immersive binaural, surround, and stereo sound. LcT is poised to create and dominate a new smart microphone market segment within the multi-billion dollar unified communications, speech recognition, and entertainment markets.

13 Mari

Grant in 2022
13 Mari is a group of maritime research and execution professionals who help businesses based on their experience and knowledge. 13Mari's mantra is: analyze, identify, advise, execute. With customized for the business case smart and innovative modifications, the entire fleet can begin saving on fuel.

RizLab Health

Grant in 2022
RizLab Health is a medical device startup founded in 2018 and based in East Princeton. The company specializes in providing rapid blood count analysis through its innovative electronic cytometer and analyzer. This device utilizes a cartridge system to quantify key cellular components of white blood cells, facilitating quick and accurate assessments of patients' health. RizLab Health's technology is designed to be portable and cost-effective, enabling healthcare practitioners to monitor white blood counts, neutrophils, and lymphocytes efficiently. This capability is particularly valuable in clinical scenarios such as diagnosing sepsis or determining the presence of bacterial or viral infections, enhancing decision-making in patient care.

NeuroTechR3

Grant in 2022
NeuroTechR3 is a biomedical device and digital health start-up focused on developing affordable rehabilitation technologies aimed at enhancing upper extremity function in individuals affected by brain injuries, such as stroke and cerebral palsy. The company's flagship innovation, R3THATM, leverages machine learning-driven cloud technology and exergames tailored to promote neuroplasticity, incorporating motion tracking, analytics, and real-time biofeedback. Founded in 2020 by four women as a spinout from the New Jersey Institute of Technology and Rutgers School of Health Professions, NeuroTechR3 is committed to transforming the rehabilitation industry into a proactive, patient-centered process. The company operates from locations in Newark, NJ, and Philadelphia, PA, and has established partnerships with rehabilitation hospitals, outpatient centers, and therapists. With its expertise in biomedical engineering and computer science, the team is equipped to adapt swiftly to industry needs, aiming to provide sustainable and accessible rehabilitation solutions for individuals with various impairments. Through the advancement of rehabilitation devices and machine learning technology, NeuroTechR3 seeks to make a significant positive impact on global health outcomes.

Soligenix

Grant in 2022
Soligenix, Inc., a late-stage biopharmaceutical company based in Princeton, New Jersey, focuses on developing and commercializing treatments for rare diseases and serious side effects of cancer therapies, where there is an unmet medical need. The company operates through two segments: Specialized BioTherapeutics and Public Health Solutions. The Specialized BioTherapeutics segment develops therapies such as SGX301 for cutaneous T-cell lymphoma, SGX942 for oral mucositis in head and neck cancer, and proprietary formulations of oral beclomethasone for gastrointestinal disorders. The Public Health Solutions segment works on biodefense vaccines and therapeutics, including RiVax, a ricin toxin vaccine, and SGX943, a therapeutic candidate for antibiotic-resistant and emerging infectious diseases.

envoyatHome

Pre Seed Round in 2022
EnvoyatHome is a developer of digital monitoring software focused on enhancing the quality of care for at-risk seniors. The company utilizes Internet of Things (IoT) and sensor technology, integrated with a software-as-a-service (SaaS) delivery platform, to generate continuous, real-time data from a patient's behaviors. This data is transformed into clinically relevant insights, allowing families to monitor their loved ones effectively and respond to risky behaviors as they occur. By providing personalized and cost-efficient care services directly in the home, EnvoyatHome aims to ensure that seniors receive the support they need while promoting accessibility and affordability for families.

NeuroTechR3

Grant in 2022
NeuroTechR3 is a biomedical device and digital health start-up focused on developing affordable rehabilitation technologies aimed at enhancing upper extremity function in individuals affected by brain injuries, such as stroke and cerebral palsy. The company's flagship innovation, R3THATM, leverages machine learning-driven cloud technology and exergames tailored to promote neuroplasticity, incorporating motion tracking, analytics, and real-time biofeedback. Founded in 2020 by four women as a spinout from the New Jersey Institute of Technology and Rutgers School of Health Professions, NeuroTechR3 is committed to transforming the rehabilitation industry into a proactive, patient-centered process. The company operates from locations in Newark, NJ, and Philadelphia, PA, and has established partnerships with rehabilitation hospitals, outpatient centers, and therapists. With its expertise in biomedical engineering and computer science, the team is equipped to adapt swiftly to industry needs, aiming to provide sustainable and accessible rehabilitation solutions for individuals with various impairments. Through the advancement of rehabilitation devices and machine learning technology, NeuroTechR3 seeks to make a significant positive impact on global health outcomes.

OsseoPrint 3D

Grant in 2021
OsseoPrint 3D is a company that specializes in developing a proprietary platform for the design and 3D printing of patient-matched bone scaffolds, facilitating efficient bone reconstruction surgeries. Its innovative technology allows orthopedic, dental, and cosmetic surgeons to create and implant scaffolds directly at the point of service, eliminating the need for external laboratories. This chair-side 3D printing approach enhances precision, speed, and safety in augmenting and reconstructing bone defects. OsseoPrint 3D's printers operate in an aseptic environment, ensuring that the produced scaffolds are sterile and compliant with infection and sterilization protocols. The company collaborates with leading manufacturers to provide bio-resorbable polymers that are compatible with human tissue and will be tested for bio-resorption in vivo. The technology is safeguarded by U.S. patents, highlighting its innovative contribution to medical applications in bone grafting.

Soligenix

Grant in 2021
Soligenix, Inc., a late-stage biopharmaceutical company based in Princeton, New Jersey, focuses on developing and commercializing treatments for rare diseases and serious side effects of cancer therapies, where there is an unmet medical need. The company operates through two segments: Specialized BioTherapeutics and Public Health Solutions. The Specialized BioTherapeutics segment develops therapies such as SGX301 for cutaneous T-cell lymphoma, SGX942 for oral mucositis in head and neck cancer, and proprietary formulations of oral beclomethasone for gastrointestinal disorders. The Public Health Solutions segment works on biodefense vaccines and therapeutics, including RiVax, a ricin toxin vaccine, and SGX943, a therapeutic candidate for antibiotic-resistant and emerging infectious diseases.

Lisata Therapeutics

Grant in 2021
Lisata Therapeutics is a clinical-stage biopharmaceutical company focused on the discovery, development, and commercialization of innovative therapies for advanced solid tumors and other significant diseases. The company's leading product candidate, LSTA1, is designed to activate a novel uptake pathway that enhances the targeting and penetration of co-administered or tethered anti-cancer drugs within solid tumors. By prioritizing areas of high unmet medical need, Lisata Therapeutics aims to create differentiated therapies backed by rigorous data to improve treatment outcomes for patients facing challenging health conditions.

Holi

Seed Round in 2020
Holi is a company that specializes in crafting high-quality, nutritionally tailored dog food and treats. By utilizing a customized online marketplace, Holi offers products based on detailed questionnaires and blood test results, ensuring that each dog receives food that meets its specific health needs. The company provides a range of offerings, including single-protein treats, freeze-dried options that preserve the flavor and nutrition of raw meat, as well as protein packs and supplements. Holi also facilitates convenient online ordering, making it easier for pet owners to access nutritious options for their dogs while promoting their overall health and well-being.

Soligenix

Grant in 2020
Soligenix, Inc., a late-stage biopharmaceutical company based in Princeton, New Jersey, focuses on developing and commercializing treatments for rare diseases and serious side effects of cancer therapies, where there is an unmet medical need. The company operates through two segments: Specialized BioTherapeutics and Public Health Solutions. The Specialized BioTherapeutics segment develops therapies such as SGX301 for cutaneous T-cell lymphoma, SGX942 for oral mucositis in head and neck cancer, and proprietary formulations of oral beclomethasone for gastrointestinal disorders. The Public Health Solutions segment works on biodefense vaccines and therapeutics, including RiVax, a ricin toxin vaccine, and SGX943, a therapeutic candidate for antibiotic-resistant and emerging infectious diseases.

Admera Health

Series A in 2016
Admera Health, LLC is a molecular diagnostics company based in South Plainfield, New Jersey, specializing in personalized medicine and non-invasive cancer testing. Founded in 2012, the company operates a laboratory that develops, validates, and delivers proprietary laboratory-developed tests. Admera Health offers a range of services, including PGxOne, a pharmacogenomics test that assesses patient responses to drug therapy based on genetic makeup, and DNA sequencing for analyzing mutations in EGFR and KRAS. Additionally, it provides tests to evaluate risks for inherited health conditions such as high cholesterol and diabetes. The company's product pipeline includes the OncoGxOne cancer panel, which identifies genomic variations related to cancer, and FloraCheck, which analyzes microbiome composition for health management. Utilizing advanced genomic technologies and bioinformatics, Admera Health aims to enhance disease screening, diagnosis, and treatment, ultimately improving health outcomes for patients and supporting healthcare providers and researchers.

eureQa

Seed Round in 2016
eureQa LLC is a software development company that specializes in creating test automation solutions for various industries, including eCommerce, healthcare, education, and pharmaceuticals. Established in 2012 and headquartered in Hyderabad, India, the company offers a unique software-as-a-service product called eureQa, which enables users to automate regression testing without requiring extensive programming knowledge. This platform allows non-programmers to easily create, maintain, and execute tests across multiple browsers and operating systems in the cloud. eureQa facilitates quick updates to tests without the need for complete re-recording, ensuring compatibility with continuous integration processes. Additionally, the company provides automation acceleration services, including training, knowledge transfer, and support, to help organizations optimize their testing strategies and enhance software quality through built-in analytics that identify patterns and trends in test results.

PrazAs

Series A in 2016
Tabtor is a flagship educational technology platform for iPads from Prazas Learning Inc. Designed to completely transform the way the world looks at learning, the patent pending platform provides teachers and students with a highly personalized learning experience, which focuses on the learning activities that happen at the Point of Learning for each student. Currently available on iPads, and to be available on other tablet devices in the short term, it is an innovative digital platform that combines best of personalized teaching with a fun and engaging learning program that supports multiple subjects. It is tailored to every student using a combination of patent-pending digital-paper technology that allows sharing and review of handwritten work, automatic grading, video tutorials and adaptive analytics.

Phone.com

Venture Round in 2015
Phone.com, Inc. is a cloud-based communications platform that specializes in voice over Internet protocol (VoIP) services tailored for entrepreneurs, home offices, small businesses, and individuals. Founded in 2007 and headquartered in Newark, New Jersey, the company also has offices in San Diego, San Francisco, and New York. Phone.com offers a comprehensive range of products, including IP phones, analog telephone adapters, and mobile and desktop applications. Its services encompass advanced call handling, conferencing, call recording, group messaging, text messaging, and fax capabilities. Designed to meet the needs of various industries such as retail, technology, and health, Phone.com provides a modern, work-from-anywhere solution that combines mobility with professional communication tools. Its platform supports both physical and mobile devices, allowing users to manage their communications seamlessly through a web-based administration panel. With a commitment to customer support, Phone.com offers 24/7 assistance from a bilingual team, ensuring that businesses can effectively connect with their customers and partners.
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