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ONAMI Gap company Puralytics CEO Mark Owen was voted a 2012 Pivotal Leader in PacNW Cleantech. Read more here.
ONAMI Gap company Perpetua Power Source Technologies is one of 10 finalists to compete in the Eureka Park Challenge at CE Week, scheduled June 27-28, 2012, in New York. Produced by the Consumer Electronics Association, in partnership withNSF, Startup America Partnership and NY Tech Meetup, the Eureka Park Challenge recognizes entrepreneurs and start-ups with the most innovative and unique products, services or applications. Read more here.
Microflow CVO, an ONAMI Gap company spun off from research in the Oregon State University Microproducts Breakthrough Institute (MBI), has launched its first product line of stainless steel micromixers. Inside the precision-engineered devices, which are about the size of a dime, is a multilayer network of channels designed to meet manufacturer needs in the pharmaceutical, petrochemical, personal-care product and other industries. Read the OSU press release and visit Microflow CVO’s website for more information.
Pacific Light Technologies, based at the Portland State University Business Accelerator, has closed $2 million of the Series A round led by the Oregon Angel Fund and Portland-based venture capital firm Pivotal Investments. PLT received its initial start-up funding from ONAMI’s Commercialization Gap Program in August 2011. Read more here.
Trillium FiberFuels and its research partners at Oregon State University have been awarded a $150,000 grant from the U.S. Department of Energy to pursue their work on manganese peroxidase, an enzyme that helps break down plant fibers. Read more here.
ONAMI has hired three entrepreneurs-in-residence as part of its role in the Oregon Innovation Cluster, an i6 Challenge grant (U.S. Economic Development Administration) awarded to a team formed by OTRADI, Oregon BEST, and ONAMI. Read more here.
ONAMI Gap company Trillium FiberFuels was awarded a Phase 1 Small Business Innovation Research Grant from the National Science Foundation to develop novel enzyme for cellulosic ethanol technology. Read more here.
DesignMedix received a third STTR grant from National Institutes of Health for its lead RCQ malaria drug development program. Funds will support preclinical development of the lead drug candidate, driving the project forward to the clinic. Portland State University will be an active collaborator in the project.
Perpetua Power Source Technologies, an ONAMI Gap company, closed on $4 million of its Series B on Monday, according to paperwork filed with the U.S. Securities and Exchange Commission. Read more here.
Three ONAMI commercialization gap fund partner companies—Inpria, Perpetua Power Source Technologies, ZAPS Technologies—have raised a cumulative $20M in new private capital funding in May 2011. Read more here.
Perpetua Power Source Technologies, an ONAMI Gap company, announced a new parternship that will create manufacturing capacity and jobs in North Bend and Corvallis, Oregon. Read more here.
DesignMedix’s Chief Scientific Officer David Peyton is this year’s recipient of the Annual Outstanding Chemistry Researcher Award, presented annually by the Columbia-Willamette Chapter of Sigma Xi.
ZAPS Technologies, Inc. (ZAPS), an ONAMI Gap company, announced closing of the initial seed round arranged through a private capital management firm in Albany, Oregon. ZAPS is the creator of the LiquID™ Station, an advanced real time water monitoring and water security device. Read more here.
ONAMI gap fund company Trillium Fiberfuels, developing novel fermentation microtechnology, has launched a new side business providing xylose and other carbohydrate chemicals to biofuel startups and other customers. Read more here.
Floragenex, a Eugene-based startup and ONAMI Gap compnay, has received an investment from a Midwest seed research and licensing company that will give the local firm the foundation to grow, its CEO, Nathan Lillegard, said. Read more here.
Puralytics Corp. has won the National Clean Tech Open Competition, taking home the prize as the best upcoming Clean Tech company combining concept/product, market, profit potential, sustainability and team elements in their business plan. To learn more about Puralytics, please visit their website at www.puralytics.com.
Puralytics’s new purification system can clean up to 500 gallons of water per day—enough for several houses—using ultraviolet light rather than chemicals or filters. See the full story in The Oregonian.
Home Dialysis Plus, Ltd.has received a commitment for $50M in private equity funding from Warburg Pincus, along with venture funding from the Vertical Group, LLC - possibly the largest A-round in Oregon history. For more details, see the May 2010 ONAMI newsletter.
Trillium Fiber Fuels is awarded $750K SBIR Phase II from the Department of Energy.
Read more here.
Perpetua Power and PNNL win prestigious R&D 100 award for the Power Puck energy device.
Read more here.
DesignMedix wins the Oregon Entrepreneur’s Network “Angel Oregon” competition, to receive additional investment of $150,000. Read more here.