Slater Technology Fund is a venture capital firm based in Providence, Rhode Island, that specializes in funding early-stage companies in sectors such as life sciences, biomedical technology, information technology, and clean energy. The firm focuses on investments in startups that are often rooted in ideas and technologies emerging from regional academic institutions and government research laboratories. Slater typically invests up to $0.75 million per transaction, with an annual cap of $3 million, and has the capacity to reinvest in its portfolio companies. The fund aims to support entrepreneurs who demonstrate the vision and leadership necessary to establish substantial commercial enterprises, while also seeking opportunities for follow-on financing from other venture capital investors or strategic partners. Founded in 1997, Slater Technology Fund prioritizes the development of businesses within Rhode Island and the Northeast, with a goal of creating high-value, high-wage job opportunities in the region.
Alcinous Pharmaceuticals, Inc. focuses on the design and development of therapeutics for cancer and other diseases. Founded in 2016 and based in Rumford, Rhode Island, the company specializes in creating protein-based therapeutics that target well-established protein pathways associated with oncology. By developing new molecules to modulate these protein activities, Alcinous Pharmaceuticals aims to advance treatment options for patients facing various oncological challenges.
HappyNest is transforming a repetitive domestic chore and a traditional existing industry with a technology platform that makes on-demand home laundry an easy, economical, and efficient experience for time-starved consumers. The HappyNest model creates a slick product for both consumers and laundromat owners.
GoPeer, LLC operates an online platform that connects K-12 students with vetted college undergraduates for personalized tutoring, both in-person and online. Founded in 2017 and headquartered in Boston, Massachusetts, the platform offers a convenient and affordable solution for students seeking assistance in various subjects, including physics, algebra, English, and chemistry. By providing high-quality one-on-one tutoring at a cost significantly lower than the national average for professional tutoring, GoPeer aims to enhance the educational experience and accessibility for students. The platform simplifies the process of finding tutors, managing payments, scheduling sessions, and tracking progress, thereby supporting students in achieving their academic goals.
Swyx develops communication software specifically tailored for small to medium sized companies (SMEs). SwyxWare is installed on a Microsoft ® Windows ® Server and brings together the complete communication needs of a company, in a single user interface. The classic telephone system is now redundant - all required communication functions run over your existing IP network, which offers all the advantages of integrated, unified communications (UC) in addition to traditional telephone services. This software approach and the easy expandability of SwyxWare, means that users are prepared for today, but also for the future.
Vitae Industries, Inc. develops pharmacy compounding automation products. It provides AutoCompounder that manufactures tablets or gummies, verifies the dose, and cleans up. The company was incorporated in 2014 and is based in Providence, Rhode Island.
Datarista is reinventing how third-party sales & marketing data providers deliver data to their customers. The Datarista platform provides real time, relevant third party data delivery, integration and update services for both enhancement and prospecting inside of the most popular CRM and Marketing Automation platforms. Datarista is a service extension for the data providers to enable their sales teams to sell an end-to-end solution.
Datarista is PaaS for your DaaS!
We are the leader in providing solar-based auxiliary power systems exclusively for the transportation industry. eNow's proprietary solar products supply auxiliary power to refrigeration units, cab climate control systems, lift gates, tools, electronics, and safety and emergency lighting. eNow systems are designed for medium and heavy duty trucks, buses and military vehicles.
Drive Time Metrics, Inc. develops a cloud-based platform for accessing, displaying, and reporting data of the connected cars. The company was incorporated in 2014 and is based in Providence, Rhode Island.
Aquanis, Inc. is a company focused on enhancing the aerodynamic performance of wind turbines through the development of electrical devices. Incorporated in 2016 and located in East Greenwich, Rhode Island, Aquanis offers blade-mounted plasma actuators that address unsteady aerodynamic forces. These innovative devices aim to reduce the cost of wind energy by extending the service life of turbines and facilitating the design of larger, more efficient models.
MindImmune Therapeutics is a pharmaceutical company focused on developing innovative drugs that target the immune system to address diseases of the central nervous system, such as Alzheimer’s and Huntington’s disease, as well as pain and psychiatric disorders. Recognizing the close relationship between immune system dysfunction and brain health, the company aims to leverage this connection to create effective therapeutic options. Founded in 2016 and headquartered in Kingston, Rhode Island, MindImmune is establishing collaborations with the George & Anne Ryan Institute for Neuroscience at the University of Rhode Island to enhance its drug development initiatives.
HMSolution, Inc., a water technology company, develops water treatment systems that remove arsenic and other toxic contaminants from drinking water. It offers its systems for various drinking water applications, such as community water systems, beverage companies, agricultural companies, and households relying on wells that need a point-of-entry or point-of-use system. The company was founded in 2013 and is based in Providence, Rhode Island.
Datarista is reinventing how third-party sales & marketing data providers deliver data to their customers. The Datarista platform provides real time, relevant third party data delivery, integration and update services for both enhancement and prospecting inside of the most popular CRM and Marketing Automation platforms. Datarista is a service extension for the data providers to enable their sales teams to sell an end-to-end solution.
Datarista is PaaS for your DaaS!
Gila Therapeutics, Inc. is a privately-held company based in Minneapolis, Minnesota, founded in January 2014 by Dr. Andres Acosta and Dr. Sergei Zolotukhin. The company focuses on developing innovative therapies for obesity, utilizing the discoveries made by its founders to explore a novel treatment pathway. Its lead product, GT-002, is a PYY3-36 agonist designed to promote a sense of fullness, thereby reducing caloric intake and facilitating weight loss. Through its research and development efforts, Gila Therapeutics aims to address the growing obesity epidemic with effective therapeutic options.
Absolute Commerce works with Global 5000 organizations to improve the operational effectiveness and efficiency of their purchase-to-pay activities. Absolute Commerce combines an ultra-modern data acquisition platform, world class pricing and procurement optimization expertise, and proven ERP integration to solve the limitations of traditional electronic procurement platforms. The solution brings a simple, secure, and streamlined approach to the previously complex world of procurement catalog integration by providing a real time, consumer-like shopping experience within our customers’ existing ERP systems, requiring zero customization at a cost that is easy to justify. The Absolute Commerce leadership team has a long track record of creating innovative solution to long-standing problems in the procure-to-pay arena
VCharge, Inc. develops intelligent infrastructure for transactive electric loads for energy management in Maine, Massachusetts, and Pennsylvania. The company offers VNet, a power management platform that coordinates the activities of distributed transactive load assets; SmartBricks and SmartHydro that are asset controllers for electric thermal storage heating systems to handle loads of electric car charging stations and compressed air systems; and VConsole, a Web-based user interface that offers information and control for end users, utilities, and maintenance personnel. The company also serves customers in Germany, North America, Ireland, and the United Kingdom. VCharge, Inc. was founded in 2009 and is based in Providence, Rhode Island. As of February 9, 2017, VCharge, Inc. operates as a subsidiary of OVO Energy Limited.
CarbonPoint Solutions, an energy technology startup based in South Kingstown, Rhode Island, specializes in developing innovative modular power systems for the oil, gas, geothermal, and power markets across North America. The company focuses on advanced oxygen combustion-based power systems, including multi-fuel piston engines and high-pressure turbine engines. In addition to its power generation solutions, CarbonPoint Solutions is engaged in the production of carbon dioxide for large industrial processes and offers consulting and project management services in various energy sectors. The company is also commercializing patented technologies originally developed by the Naval Undersea Warfare Center, including semi-closed cycle generators designed to capture carbon dioxide for sequestration or productive reuse.
VoltServer Inc. specializes in manufacturing and supplying advanced electrical power distribution products, utilizing its patented Digital Electricity technology. This innovative approach allows for the safe delivery of electricity through standard data cables, significantly enhancing cost-effectiveness, speed, and efficiency compared to traditional electrical installations. Founded in 2011 and headquartered in East Greenwich, Rhode Island, with an additional office in Basingstoke, United Kingdom, the company serves various sectors, including telecommunications, data centers, renewable energy, and electric vehicles. VoltServer's solutions are applied in diverse environments, such as large sports stadiums, office buildings, hotels, and medical facilities, effectively powering 4G/LTE mobile services and enabling wireless densification, intelligent building management, and indoor agriculture. The company’s offerings cater to a wide range of customers through strategic partnerships in the industry.
IlluminOss Medical, Inc. is a commercial-stage medical device company offering a unique, minimally invasive technology for fracture repair and stabilization. The Company utilizes a light-curable polymer contained within an expandable balloon to create a patient-conforming intramedullary implant for bone stabilization. The revolutionary, minimally invasive technology is particularly applicable for repair and treatment of patients with osteoporotic and compromised bone. The IlluminOss system is CE-marked and FDA-cleared for a variety of anatomical sites, with further indications pending.
VCharge, Inc. develops intelligent infrastructure for transactive electric loads for energy management in Maine, Massachusetts, and Pennsylvania. The company offers VNet, a power management platform that coordinates the activities of distributed transactive load assets; SmartBricks and SmartHydro that are asset controllers for electric thermal storage heating systems to handle loads of electric car charging stations and compressed air systems; and VConsole, a Web-based user interface that offers information and control for end users, utilities, and maintenance personnel. The company also serves customers in Germany, North America, Ireland, and the United Kingdom. VCharge, Inc. was founded in 2009 and is based in Providence, Rhode Island. As of February 9, 2017, VCharge, Inc. operates as a subsidiary of OVO Energy Limited.
ProThera Biologics was established in the state of Rhode Island in 2001 by Yow-Pin Lim, MD/PhD, Assistant Professor of Medicine, Brown Medical School and Douglas C. Hixson, PhD, Professor of Medicine and Pathology/ Laboratory Medicine, Brown Medical School. Both co-founders are actively engaged in the biomedical research in the Carcinogenesis Laboratory at Rhode Island Hospital, where Dr. Hixson is the longstanding Research Director and Dr. Lim is a Research Oncologist.
Mofuse offers a web based platform to build and manage mobile web sites. They provide a monthly subscription service to help businesses deliver mobile media. MoFuse Premium gives publishers a platform to publish, promote, monetize and analyze their mobile properties.
Lucidux
Seed Round in 2012
Providence, R.I.-based Lucidux LLC, a startup that makes 3-D imaging technology for surgery and other medical applications. Lucidux, founded in 2011, is developing its technology with corporate partner, Photon-X Inc. of Huntsville, Ala. The real-time, three-dimensional imaging of internal organs and tissues uses software-enhanced presentation and can be used by surgeons during procedures such as laparoscopy and arthroscopy. The company says it can highlight diseased tissue, allowing surgeons to remove it without damaging healthy tissue nearby.
VoltServer Inc. specializes in manufacturing and supplying advanced electrical power distribution products, utilizing its patented Digital Electricity technology. This innovative approach allows for the safe delivery of electricity through standard data cables, significantly enhancing cost-effectiveness, speed, and efficiency compared to traditional electrical installations. Founded in 2011 and headquartered in East Greenwich, Rhode Island, with an additional office in Basingstoke, United Kingdom, the company serves various sectors, including telecommunications, data centers, renewable energy, and electric vehicles. VoltServer's solutions are applied in diverse environments, such as large sports stadiums, office buildings, hotels, and medical facilities, effectively powering 4G/LTE mobile services and enabling wireless densification, intelligent building management, and indoor agriculture. The company’s offerings cater to a wide range of customers through strategic partnerships in the industry.
Alektrona Corporation offers hardware and software solutions for advanced metering infrastructure (AMI), demand side management, and other energy-related applications. The company offers Z-Aperture, an energy network appliance that unites smart grid open standards and enterprise-class management for demand response, energy efficiency, and advanced metering systems, as well as provides access to thermostats, meters, displays, load controllers, plug-in electric vehicles, and other devices. Alektrona also provides a broadband energy management system that connects smart electric, gas, and water meters, as well as energy management devices and plug-in vehicles to utilities and other energy service providers for residential and commercial environments. The company's customers include smart grid infrastructure companies, such as utilities, energy services companies, municipalities, and energy solutions providers. Alektrona Corporation was incorporated in 2010 and is based in Providence, Rhode Island.
Luc Therapeutics, founded in 2010 and based in Cambridge, Massachusetts, was a precision neuroscience company focused on developing novel allosteric modulators for ion channels aimed at improving neuronal firing regularity. The company specialized in creating subunit-selective NMDA receptor modulators, including NR2B negative allosteric modulators for depression and NR2B positive allosteric modulators to enhance cognitive function in schizophrenia. Additionally, it explored NR2A negative allosteric modulators to address disease progression and symptoms in Rett syndrome and other autism spectrum disorders. Luc Therapeutics was known for its innovative approach to restoring cognitive and motor functions in patients with serious neurological conditions by leveraging target specificity, patient selection, and drug optimization. In October 2017, Luc Therapeutics changed its name to Cadent Therapeutics.
VCharge, Inc. develops intelligent infrastructure for transactive electric loads for energy management in Maine, Massachusetts, and Pennsylvania. The company offers VNet, a power management platform that coordinates the activities of distributed transactive load assets; SmartBricks and SmartHydro that are asset controllers for electric thermal storage heating systems to handle loads of electric car charging stations and compressed air systems; and VConsole, a Web-based user interface that offers information and control for end users, utilities, and maintenance personnel. The company also serves customers in Germany, North America, Ireland, and the United Kingdom. VCharge, Inc. was founded in 2009 and is based in Providence, Rhode Island. As of February 9, 2017, VCharge, Inc. operates as a subsidiary of OVO Energy Limited.
VCharge, Inc. develops intelligent infrastructure for transactive electric loads for energy management in Maine, Massachusetts, and Pennsylvania. The company offers VNet, a power management platform that coordinates the activities of distributed transactive load assets; SmartBricks and SmartHydro that are asset controllers for electric thermal storage heating systems to handle loads of electric car charging stations and compressed air systems; and VConsole, a Web-based user interface that offers information and control for end users, utilities, and maintenance personnel. The company also serves customers in Germany, North America, Ireland, and the United Kingdom. VCharge, Inc. was founded in 2009 and is based in Providence, Rhode Island. As of February 9, 2017, VCharge, Inc. operates as a subsidiary of OVO Energy Limited.
Andera specializes in integrated online customer acquisition solutions tailored for retail financial institutions, including banks and credit unions. The company offers a comprehensive suite of products and services designed to enhance marketing efforts, streamline customer acquisition, facilitate account opening, enable funding, and promote cross-selling. Headquartered in Providence, Rhode Island, Andera aims to leverage the internet to drive growth for its clients in the financial sector.
Alektrona Corporation offers hardware and software solutions for advanced metering infrastructure (AMI), demand side management, and other energy-related applications. The company offers Z-Aperture, an energy network appliance that unites smart grid open standards and enterprise-class management for demand response, energy efficiency, and advanced metering systems, as well as provides access to thermostats, meters, displays, load controllers, plug-in electric vehicles, and other devices. Alektrona also provides a broadband energy management system that connects smart electric, gas, and water meters, as well as energy management devices and plug-in vehicles to utilities and other energy service providers for residential and commercial environments. The company's customers include smart grid infrastructure companies, such as utilities, energy services companies, municipalities, and energy solutions providers. Alektrona Corporation was incorporated in 2010 and is based in Providence, Rhode Island.
Luc Therapeutics, founded in 2010 and based in Cambridge, Massachusetts, was a precision neuroscience company focused on developing novel allosteric modulators for ion channels aimed at improving neuronal firing regularity. The company specialized in creating subunit-selective NMDA receptor modulators, including NR2B negative allosteric modulators for depression and NR2B positive allosteric modulators to enhance cognitive function in schizophrenia. Additionally, it explored NR2A negative allosteric modulators to address disease progression and symptoms in Rett syndrome and other autism spectrum disorders. Luc Therapeutics was known for its innovative approach to restoring cognitive and motor functions in patients with serious neurological conditions by leveraging target specificity, patient selection, and drug optimization. In October 2017, Luc Therapeutics changed its name to Cadent Therapeutics.
CytoSolv Inc. engages in the development of a technology for the cure of diabetic ulcers. The company was founded in 2009 and is based in Tiverton, Rhode Island.
Dynadec solutions drive operational excellence by optimizing the decisions and processes that are critical to your success. Cometâ„¢, there hybrid optimization platform, accelerates the development of high-value solutions for vehicle routing, workforce management and resource scheduling. there patent-pending, dynamic stochastic optimization technology extends the power of Comet by incorporating uncertainty and probabilistic data into real-time decision making.
Medrobotics is a medical robotics company developing and commercializing the Flex Robotic System. It manufactures and markets the Flex Robotic System, the first robotic surgical platform with a steerable and shapeable robotic scope. Its platform offers surgeons the unique ability to navigate complex anatomy through a single, small entry point while operating in hard-to-reach anatomical locations that might otherwise be inaccessible with straight, rigid surgical tools.
RxVantage, Inc. develops web-based digital platform that connects healthcare providers to educational resources and experts from life science companies. Its platform solutions include virtual meetings, offsite events, who benefits, sunshine act, and for providers; and video conferencing, mobile app, speaker programs, and for enterprises. The company was founded in 2007 and is based in El Segundo, California.
Nabsys develops semiconductor-based tools for genomic analysis. The company has pioneered the technology of electronic high-definition mapping which is capable of analyzing entire genomes, in very large fragments (100,000 bp and higher) traveling at high velocity (greater than 1 million base pairs per second). Nabsys was the first company to receive a “1000 Genome” award from the National Human Genome Research Institute of the National Institutes of Health for an electronic approach to DNA analysis.
It was founded in 2004 and headquartered in Providence, Rhode Island.
WaveSyndicate
Seed Round in 2008
WaveSyndicate is a digital media analysis and syndication company, develops software that helps bloggers and Web-site creators to improve their audience targeting through content integration. Its software embeds links to other information, such as product pages in the video and audio material users post on their Web sites. The company is based in providence, Rhode Island.
Tizra, Inc. specializes in digital publishing software that empowers content owners to promote, sell, and deliver their digital materials directly to readers through their own websites. Established in 2006 and based in Providence, Rhode Island, Tizra enables clients to retain control over their digital content, including how it is sold, priced, and distributed. The Tizra Publisher platform allows users to transition from traditional PDF formats to interactive, customizable online content. It features a web control panel that integrates content management, access control, and e-commerce capabilities, enabling non-technical users to quickly develop new online products. Tizra's solutions support various publishing needs, with functionalities such as unbundling documents into manageable sections, managing access through subscriptions, and offering promotional tools. The company serves a diverse clientele, including educational, professional, scholarly, and consumer publishers.
Mofuse offers a web based platform to build and manage mobile web sites. They provide a monthly subscription service to help businesses deliver mobile media. MoFuse Premium gives publishers a platform to publish, promote, monetize and analyze their mobile properties.
NeighborhooodScout® is owned and operated by Location Inc®, a Rhode Island-based company borne of university research, specializing in nationwide relocation software, retail site selection, and real estate investment advising. Location Inc developed NeighborhoodScout by coupling new technologies with PhD-level geographic expertise to serve the location selection needs of employees, families, and businesses. NeighborhoodScout is set to change the way consumers select residential real estate and make relocation decisions.
Andera specializes in integrated online customer acquisition solutions tailored for retail financial institutions, including banks and credit unions. The company offers a comprehensive suite of products and services designed to enhance marketing efforts, streamline customer acquisition, facilitate account opening, enable funding, and promote cross-selling. Headquartered in Providence, Rhode Island, Andera aims to leverage the internet to drive growth for its clients in the financial sector.
Genome
Seed Round in 2007
Genome Corp. engages in developing and commercializing the DNA sequencing technology. It offers proprietary technologies, massively-parallel sanger sequencing, for sequencing and analyzing the genomes of individuals. The company serves researchers and clinicians. Genome Corp. was founded in 2007 and is based in Providence, Rhode Island.
Concordia’s core competency is processing synthetic filaments and fibers to enable the production of innovative fabric structures. The company engineers and manufactures a wide range of synthetic continuous filament yarns for high value applications. They use traditional twisting, winding, texturing, and serving capabilities, but for Their most unique opportunities, such as carbon twisting and commingling for advanced composites, They design and build Their own machines.
Bionica
Seed Round in 2007
Bionica Corp. develops personal communication systems for the hearing-impaired.
Tizra, Inc. specializes in digital publishing software that empowers content owners to promote, sell, and deliver their digital materials directly to readers through their own websites. Established in 2006 and based in Providence, Rhode Island, Tizra enables clients to retain control over their digital content, including how it is sold, priced, and distributed. The Tizra Publisher platform allows users to transition from traditional PDF formats to interactive, customizable online content. It features a web control panel that integrates content management, access control, and e-commerce capabilities, enabling non-technical users to quickly develop new online products. Tizra's solutions support various publishing needs, with functionalities such as unbundling documents into manageable sections, managing access through subscriptions, and offering promotional tools. The company serves a diverse clientele, including educational, professional, scholarly, and consumer publishers.
RightPath Payments, Inc. develops Business Payment Connection (BPC) Internet-based business-to-business payment solutions for small and mid-size businesses, and financial institutions to manage short term cash flow. Its BPC connects buyers, sellers, and their banks on the Internet for making electronic payments, as well as serves business financial institutions. The company was formerly known as Collaborative Financial Concepts, LLC and changed its name to RightPath Payments, Inc. in May 2006. RightPath Payments, Inc. was founded in 2003 and is based in Providence, Rhode Island.