Advantage Capital has invested over $3.8 billion in more than 800 portfolio companies and projects nationwide since 1992. The firm specializes in growth equity, lending, and mezzanine debt capital investments spanning three distinct but complementary themes, driving local economic development and lasting impact in underserved communities. ____________________ Growing Small Business // 800+ PORTFOLIO COMPANIES // 34 STATES // 66,000+ JOBS SUPPORTED // Small businesses and the entrepreneurs who power them are fundamental to the U.S. economy, driving inclusive economic expansion that allows people and communities to thrive. Advantage Capital offers debt and equity investment opportunities and can provide senior, unitranche and subordinated debt, as well as minority equity financing. The firm invests in companies from a diverse array of industry sectors, including manufacturing, technology and business services, among others. It seeks to make an initial investment between $500K and $10M in companies with $1M+ EBITDA. Financing Affordable Homes // 89 PROJECTS SINCE 2015 // 8,000+ FAMILIES & SENIORS HOUSED // 7 STATES // Creating stronger communities goes beyond business investment and jobs. Financing housing in these same communities creates even more positive and lasting impacts. Expanding Renewable Energy Solutions // $130M IN CAPITAL DEPLOYED // 65 PROJECTS // 20,000+ HOMES POWERED // Increased access to renewable energy supports local green jobs and economic development while building the framework for tomorrow's carbon-free America. ____________________ Geographic Focus: Advantage Capital is committed to impact nationwide, with current emphasis in the following states: Alabama, Arkansas, Connecticut, Florida, Georgia, Illinois, Kansas, Kentucky, Louisiana, Michigan, Mississippi, Missouri, Nebraska, Nevada, New Mexico, Ohio, Pennsylvania, Tennessee, Texas, Utah, Virginia, West Virginia ____________________ Advantage Capital is headquartered in New Orleans, Louisiana and has offices in the following locations: St. Louis, MO; New York, NY; Austin, TX; Hanover, NH; Washington, D.C.; Napa, CA; Nevada.

Advantage Capital

JCI Ventures (formerly Tyco Ventures) is the corporate venture arm of Johnson Controls International PLC, the resulting entity of the merger between Legacy Johnson Controls and Tyco International. JCI is the $30B global leader in building, physical security, and energy solutions. We provide access to a global network of resources and customer installed base and partner with and invests in startups in AI and Machine Learning, Blockchain, Unmanned Machines, IoT, Security, and Smart Buildings technologies and solutions relevant to our core markets. JCI Ventures is based in the San Francisco Bay Area.

JCI Ventures

Emerson Ventures is a corporate venture capital arm of Emerson.

Emerson Ventures

Honeywell is a Fortune 100 company that invents and manufactures technologies to address tough challenges linked to global macrotrends such as safety, security, and energy. With approximately 129,000 employees worldwide, including more than 19,000 engineers and scientists, we have an unrelenting focus on quality, delivery, value, and technology in everything we make and do.

Honeywell Ventures

Nevada Nano

NevadaNano (Nevada Nanotech Systems, Inc.) develops and manufactures micro-electro-mechanical systems (MEMS)-based sensor modules and subsystems for a diverse array of commercial and government applications. Our products are used by system integrator partners and by system manufacturers who benefit from the unique characteristics of our sensors — namely small size, low cost, unattended operation, and the ability to detect a broad range of threats with a single, standard sensor configuration.  The company was founded in 2004 to commercialize a unique sensor technology developed at the University of Nevada, Reno. Early R&D was supported by DARPA, the DOD, and the Department of Homeland Security. NevadaNano has now turned its focus to commercial applications, specifically, the Internet of Things (IOT).  NevadaNano is uniquely positioned to address a broad range of sensor applications. Vapors from bio-agents have been successfully detected, as have chemicals representative of illicit drugs and human respiration. The greatest impact from chemical, explosive, and bio-sensors will only be felt when they can be deployed ubiquitously in large numbers and over wide areas. This will only happen when sensors are small and affordable, can sense a very broad range of substances, and are robust enough to operate unattended for long periods of time. The core element of NevadaNano’s sensor modules and systems is manufactured on a solid-state, MEMS technology, offering small size, low cost, and high reliability. The sensing element is an array of MEMS structures that are not only self-activating and self-sensing, they are also self-cleaning and self-calibrating, thus enabling unattended deployment for extended periods. Using proprietary materials as well as unique sensing methods and analysis techniques, a single sensor configuration is able to detect hundreds of diverse types of vapors and particles. These advantages make our Molecular Property Spectrometer™ (MPS™) solution the leading candidate to fulfill the vision of ubiquitous sensor deployment for both homeland security and commercial applications.

NevadaNano is a company that specializes in gas detection sensor technology. Their flagship product is the Molecular Property Spectrometer (MPS), which is a highly accurate and reliable sensor for detecting flammable gases and refrigerants. The MPS sensors offer several key advantages over traditional gas sensors.

NevadaNano's MPS™ Sensors for Real

Unlocking the potential of olfaction through technology

Smell Tech

NevadaNano is a company that specializes in gas detection sensor technology. Their flagship product is the Molecular Property Spectrometer (MPS), which is a highly accurate and reliable sensor for detecting flammable gases and refrigerants. The MPS sensors offer several key advantages over traditional gas sensors.
Firstly, they can accurately report gas concentrations from 0-100% lower explosive limit (LEL) across 19 flammable gases and six refrigerant gases with a single factory calibration, eliminating the need for field maintenance over their lifetime. Secondly, the sensors feature integrated, real-time measurements and built-in compensation for temperature, pressure, and humidity, ensuring accurate readings across a wide range of environmental conditions, including rapid transients.
Additionally, NevadaNano's MPS sensors are inherently immune to drift, decay, or poisoning, which are common issues faced by traditional sensors over time. This technology was originally developed with support from DARPA, the Department of Defense, and the Department of Homeland Security for challenging gas detection applications.
The MPS sensors have garnered recognition, winning the prestigious R&D100 award and the Tech Connect National Innovation award. NevadaNano's innovative approach to gas detection represents the first new technology in the field in over 40 years, utilizing 24 patented inventions.
In May 2021, NevadaNano announced a partnership with Universal Site Monitoring (USM) to integrate its MPS Flammable Gas Sensors into USM's BLE Gas Sensors and future Personal Safety Monitors. This integration aims to bring real-time gas detection capabilities to the mobile phone market, enabling end-users to monitor gas risks in the field by connecting their mobile phone fleet to USM's Universal Data Interface.

OW Smell Digital is a technology company focused on digitizing the human sense of smell for various applications. Founded in 2019 by scientists Emanuela Maggioni and Marianna Obrist as a spinout from the University of Sussex and UCL, the company aims to revolutionize human-computer interaction by incorporating olfactory experiences.
OW Smell Digital's key offerings include a digitally controlled multi-channel Scent Delivery Device and an adaptive, AI-powered, cloud-based software platform. The hardware device has up to 24 individual odor channels, while the software leverages AI to predict the perceptual and behavioral effects of different scents on users. This twin system allows for precise control and delivery of scents to enhance sensory experiences.
The company's technology has applications across multiple domains, including healthcare research, immersive experiences, and innovative research. In healthcare, OW Smell Digital is collaborating with Rockefeller University to create a standardized smell-test toolkit for measuring olfactory capabilities. Additionally, it is working with UCL on SmellHealth, a project focused on developing affordable smell-delivery technologies and smell training tools.
In the realm of immersive experiences, OW Smell Digital has partnered with companies like British Airways, New Reality Co, and Picture This Productions to deliver multisensory virtual and augmented reality experiences. The company's work on the VR 'FLY' experience earned the 2020 Lumiere Award for Best VR Edutainment.
OW Smell Digital has raised GBP 1 million in seed funding led by Parkwalk Advisors in March 2022, which will be used to expand the team and further develop its hardware and software products.

OW Smell digital

OVR Technology has developed various products and platforms to deliver scents synchronized with virtual and augmented reality content. Their flagship offering is the ION 3, a wearable scent technology device that can produce thousands of unique scent combinations. The ION three cartridges containing specific scents are designed to be attached to VR/AR headsets, allowing users to experience multisensory content via mobile, desktop, AR, and VR applications.
The company has also created the INHALE three Wellness Platform, which provides immersive virtual nature experiences coupled with precisely timed scent releases. This platform includes features like scent mood orbs, new scents like waterfall and mountaintop, and optional mood-specific meditation tracks. The INHALE products are designed to promote relaxation, reduce stress, increase calm and focus, and support mental well-being.
OVR Technology manufactures its scents in-house at its laboratory in Burlington. The company has developed a wide range of scents, including pleasant aromas like lavender and rose, as well as more pungent odors like garbage and gunpowder for specialized training simulations.
In January 2023, OVR Technology showcased the ION three at CES 2023, highlighting its potential applications for enhancing immersion in the metaverse. The company's technology has been recognized with awards, including the AUREA Award for Excellence in Impact in 2022 and the 'Best In Show: VR' award at AWE US 2022.

OVR Technology

Aryballe Technologies is a French startup founded in 2014 that develops digital olfactory technology combining biochemistry, advanced optics, and machine learning to mimic the human sense of smell. Their core offering is the NeOse product line, a portable "digital nose" capable of detecting and identifying hundreds of odors by capturing odor signatures through biochemical nanosensors and advanced optics. This data is then analyzed by software solutions, helping users make informed decisions across various applications like quality control, R&D, manufacturing, and end-user experiences.
The NeOse technology works by using an optical microarray with 64 biochemical nanosensors (peptides) that capture volatile odorant molecules. The interference between a light source and the sensor-odor complexes is measured by photodetectors, generating unique visual imprints for each odor. Machine learning algorithms then identify these imprints by comparing them against an olfactory database. As of 2022, Aryballe had identified over 50 potential applications across industries like food and beverage, automotive, household appliances, healthcare, and environmental monitoring.
Aryballe's digital nose offers an objective, portable, and cost-effective alternative to traditional gas chromatography methods for odor analysis. The company's NeOse Advance product, launched in 2022, utilizes silicon photonics for improved performance. Aryballe aims to bring its technology to consumer markets eventually, enabling applications like automatically stopping ovens when food is cooked or activating range hoods before odors spread.

Aryballe Technologies

Olorama is a company that specializes in scent marketing technology. Their flagship product is a patented scent generator or smell synthesizer that can electronically release ultra-realistic scents at the desired moment and maintain them in the environment for a configurable duration. This technology aims to stimulate the sense of smell to influence customer behavior, reinforce brand identity, and enhance the overall experience.
Olorama's scent generators support up to 10 different scents simultaneously, with an extensive library of over 200 scent options, ranging from chocolate and coffee to natural scents like rain and forest. The scent generators do not rely on heating, ensuring that the scents remain pure and authentic without any quality loss.
The company's scent generators boast the fastest scent diffusion speed on the market, achieved through a powerful yet silent fan system. This rapid diffusion capability allows for precise timing and control over the olfactory experience.
Olorama's technology offers multiple control options, including voice control via iOS app, API integration, custom scent emission software synchronized with videos, and DMX control. This versatility enables seamless integration into various applications and environments.

Olorama Tecnology

Inhalio is a global leader in digital scent systems that enable corporations to deploy scent experiences across various markets through its Digital Scent 3.0 Platform. The company's technology utilizes a data-centric process involving precise scent infusion, molecular dry-air diffusion, and detailed customer insights. Inhalio's platform encompasses infusion techniques that ensure fragrance purity and longevity, multi-scent dry-air diffusers with cartridge authentication, user-friendly mobile apps, and cloud-based monitoring and data analytics.
Inhalio's offerings encompass a range of scent cartridges tailored for specific purposes. These include mood-mapped scents designed to promote calmness, invigoration, or alertness, air-sanitizing cartridges that eliminate airborne pathogens, odor elimination cartridges, and motion sickness relief cartridges. A notable application of Inhalio's technology is the NOMAD SD3, a sophisticated in-vehicle scent diffuser that fits into cup holders, allowing drivers and passengers to select desired fragrances via a mobile app.
Inhalio's digital scent platform finds applications in various sectors, including automotive (enhancing in-vehicle experiences for OEMs and rideshare services), connected homes (delivering fine fragrances), retail (enabling fragrance sampling and ambiance enhancement), and hospitality (deploying purpose-built scents in hotels and senior care facilities). In January 2022, Inhalio partnered with Lumileds, granting the latter exclusive rights to manufacture and distribute the NOMAD SD3 diffuser to automotive customers worldwide.
In January 2020, Inhalio merged with Exhalia, another digital scent company, to meet the growing demand across multiple markets. This merger combined the expertise and patented technologies of both companies, creating a comprehensive digital scent platform for mass-market distribution.

Inhalió

Companies engaged in developing scent diffusion systems

Companies engaged in and developing platforms and tools for odor detection and measurements as well as provide insights and analytics for health industry applications such as disease detection.

Companies engaged in developing platforms and tools for odor detection and measurement as well as provide insights and analytics for commercial sectors such as chemical, food & beverage, environment, and production.

Companies engaged in developing platforms, experiences, and wearable tech aimed at providing the customer a more involved and immersive experience, companies involved in scent marketing and scent branding as well as systems that specifically target virtual and augmented reality (eg. Metaverse) applications

Companies engaged in developing scents and infusions

Most companies in this hub deals with creating/delivering bespoke aromas for businesses

Nevada Nano

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