Respira Therapeutics, a local start-up formed in 2010 to commercialize a new dry powder inhaler device and therapies that deliver more than twice the amount of drug to the lung than current inhaler technologies, announced it has licensed its drug RT234 for dry-powder inhalers to pharma company United Therapeutics. United with work with Respira to develop the drug to treat pulmonary hypertension. Respira’s dry-powder inhaler device is based on technology …Read More
UNM Start-ups Maturing Toward Market Readiness Thanks to New Mexico Angels Investments
Three local start-up companies developing UNM technologies for the marketplace have received follow-on and new investments from the New Mexico Angels, an organization of accredited individual investors committed to investing in technologies coming out of New Mexico’s research universities and national labs. To date, the Angels have invested in 13 start-ups commercializing UNM technologies. The latest round of investments includes follow-on amounts for EcoPesticides International Inc., developing biopesticide technology created …Read More
Albuquerque Start-Ups Moving Prototypes to Next Stage at Team Accelerator
Two start-up companies based in Albuquerque are using a new accelerator, created by Team Technologies Inc. and funded by the city, to develop their prototype technologies for manufacturing readiness. Pressure Analysis Company (PAC) is developing wireless impact sensors that detect and track direct impacts with high sensitivity and accuracy, technology created at the University of New Mexico by Dr. Scott Sibbett. PAC has licensed the technology from STC and has …Read More
Innovation ranking puts NM at 18
See the March 23, 2017 article, “Innovation ranking puts NM at 18,” from the Albuquerque Journal, reprinted below. Innovation ranking puts NM at 18 ABQJournal News Staff Thursday, March 23rd, 2017 at 3:29pm ALBUQUERQUE, N.M. — New Mexico came in at No. 18 in a ranking of innovative states, nabbing the top spot on a specific measure that looked at research and development.The WalletHub report, released Thursday, gave New Mexico …Read More
Local Start-up CleanSpot Raises More Seed Money for New Product
CleanSpot, a local start-up developing products for the healthcare market, announced that it has raised additional seed funding for its first product launch, ActiveClean, a palm-sized, spray hand sanitizer. The sanitizer uses natural ingredients and a natural beeswax coating that provides not just immediate, but long-lasting protection against bacteria. The main ingredient is ethanol, which kills the bacteria, and beeswax, which adds a moisturizing and protective quality to the formula. …Read More
New Mexico Angels Make Record Investments in Start-ups
The New Mexico Angels, a local group of accredited individual investors, announced that it has made a record number of investments in start-up companies. The Angels have led investments in seed- and early-stage investing in new companies, especially those created around technologies from UNM and the state’s other research institutions and national labs. Their Start-Up Factory program has spun out startups such as Cylenta, Dynamic Photonics, Enthentica, and Exovita Biosciences …Read More
U.S. Small Business Administration, Emerging Leaders Initiative 2017
The Small Business Administration (SBA) Emerging Leaders Initiative is a federal training initiative that specifically focuses on executives of businesses poised for growth in historically challenged communities. The Emerging Leader Program provides training that enhances business acumen for executives of small businesses so that they may foster growth within their organizations. The training is designed to stimulate and support the expansion of participant’s businesses. The SBA pays for the six …Read More
Local Start-Up Commercializing UNM Technology Wins Spot at Prestigious Clean Energy Conference
Pajarito Powder LLC, an Albuquerque start-up and Verge Fund portfolio company commercializing technology developed at the University of New Mexico and LANL, has been chosen to present at the CleanEquity Monaco Conference. The company manufactures platinum-free and reduced-platinum catalysts for hydrogen fuel cells. The UNM catalyst technology was developed by Distinguished Professor Plamen Atanassov and Research Associate Professor Alexey Serov from the Department of Chemical & Biological Engineering. The technology …Read More
Local Start-up InnoBright preparing for Commercial Launch
To learn more, see Kevin Robinson-Avila’s December 19, 2016 article, “ABQ startup InnoBright ready for commercial launch,” from the Albuquerque Journal, reprinted below. ABQ startup InnoBright ready for commercial launch By Kevin Robinson-Avila / Tech Bytes Published: Monday, December 19th, 2016 at 12:02am Updated: Sunday, December 18th, 2016 at 8:42pm Albuquerque startup InnoBright Technologies is preparing for commercial launch in January of a new software technology that could change the …Read More
New Initiative Concerted Effort to Make New Mexico National Leader in Biotechnology
The university, entrepreneurial, and business communities are joining forces to bring New Mexico’s thriving biotechnology industry to its next level of growth that will make New Mexico a national leader in producing biotechnology companies and jobs. The GrowBio initiative was launched today and will focus on educating state lawmakers and government leaders on the state’s potential to accelerate the growth with public/private partnerships. See Kevin Robinson-Avila’s December 5, 2016 article, …Read More