GE Ventures

Leveraging personal data for custom-fit diagnosis and treatment

Precision Medicine

<div>
 
 Veracyte is a global molecular diagnostics company engaged in developing and commercializing genetic tests across the patient care continuum, which includes early detection, disease diagnosis, prognosis, and treatment of various cancers. Its genomic tests are developed using clinical science, next-generation RNA sequencing, and machine learning. The company has exclusive global diagnostics rights to deliver its genomic tests to physicians and their patients from local laboratories worldwide through its nCounter FLEX Analysis System, a diagnostic instrument platform.
 
 
 By August 2021, the company had four commercialized genetic tests: 1) Afirma Genomic Sequencing Classifier and Xpression Atlas, which are used to identify patients with benign thyroid nodules, ruling out unnecessary thyroid surgery; 2) Percepta Genomic Sequencing Classifier for lung cancer diagnosis; 3) Envisia Genomic Classifier that differentiates idiopathic pulmonary fibrosis from other lung diseases without surgery; and 4) Prosigna Breast Cancer Prognostic Gene Signature Assay test that informs next steps for patients with early-stage breast cancer, as well as provides cancer subtype classification information. It is also developing a nasal swab test for early lung cancer detection and a lymphoma subtyping test.&nbsp;
 
 
 In 2021, it acquired commercial-stage precision oncology company Decipher Biosciences (to offer genetic testing in urologic cancers) and HalioDx (to expand its companion diagnostic capabilities). Veracyte has biopharmaceutical collaborations with Johnson &amp; Johnson, Acerta Pharma, Loxo Oncology, and Bayer AG.&nbsp;
 
 
 In November 2023 Veracyte and Illumina entered into a long-term collaboration aiming at developing decentralized in vitro diagnostic (IVD) tests. The collaboration targeted to develop and offer these IVD tests via Illumina&rsquo;s advanced NextSeq 550Dx next-generation sequencing instrument. The tests devised were expected to be majorly used to diagnose and devise treatment plans for specific ailments, such as cancerous lung nodules and early-stage breast cancer. 
 
 
 In January 2024, Veracyte reached a definitive agreement to buy C2i Genomics, an Israeli company that detects minimal residual disease (MRD). The acquisition deal involved an initial payment of USD 70 million in Veracyte shares, with an additional USD 25 million tied to future performance milestones over the next two years.
 
 
 In February 2024, Veracyte completed its acquisition of genetic testing company C2i Genomics at a consideration of USD 70 million (subject to customary purchase price adjustments) paid through 2.7 million shares of Veracyte. An additional amount of up to USD 25 million was payable in cash or Veracyte shares at the buyer&rsquo;s election contingent on future performance relating to milestones over the next two years.
 
 
 Funding and Financials
 &nbsp;&nbsp;&nbsp;&nbsp;
 
 
 The company began trading on Nasdaq in October 2013 under the ticker symbol &ldquo;VCYT&quot;. 
 <a href="https://sp-edge.com/updates/16573">
 For the year ended 2022 
 </a>
 , net loss amounted to USD 36.6 million, up by 52% YoY&nbsp; while revenue for the year grew 35% YoY to USD 296.5 million. Its 
 <a href="https://sp-edge.com/updates/18290">
 Q1 2023
 </a>
 net loss amounted to USD 8.1 million, up 44% YoY, and revenue grew 22% YoY to USD 82.4 million. The company is expecting to achieve revenue of USD 330 million&ndash;340 million, implying a growth rate of 11%&ndash;15%, as the company anticipates mid-to-high teens YoY growth of testing and product revenue to be offset by a decline in biopharmaceutical and other revenue for 2023.
 
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<div>
 
 Genome Medical offers cloud-based, virtual genomic services including genetic testing and counseling via its platform. The company serves both the D2C and B2B segments with a focus on therapeutic areas such as cancer, cardiovascular disease, reproductive health, pediatric genetics, pharmacogenomics, and proactive health management. Individuals attend an initial consultation with a genetic counselor to review their health history and their family's health history. Thereafter, the company will send a sample collection kit to the individual and the results will be shared with the genetic counselor, costing USD 179 per session.
 
 
 The company also partners with healthcare providers and hospitals to facilitate precision medicine programs for patients. Genome Medical&rsquo;s partners as of August 2021 included healthcare providers such as Kaiser Permanente Northwest, Renown Health, and Shriners Hospitals for Children as well as insurance providers such as United Healthcare, Cigna, and Aetna.
 
 
 In August 2021, the company raised USD 60 million in series C funding to build out its full suite of testing services and ordering capabilities. In the same month, the company acquired GeneMatters to expand its nationwide network of genetic specialists and its service offering. 
 
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Syapse is an AI-powered bioinformatics company that uses real-world data gathered from its oncology data-sharing network, the Syapse Learning Health Network, to deliver insights on cancer. This enables healthcare providers and large health systems to improve treatment decisions and support the clinical implementation of precision medicine. The network allows healthcare providers to share and learn from real-world clinical, molecular, treatment, and outcomes data.The company offers four solutions as of June 2024 including RAYDAR, data intelligence, insight analytics, and applied experiences that cover data creation to insight generation and application. RAYDAR ingests disparate, multi-sourced data, normalizes and transforms it into critical insights. Synapse’s data intelligence solution analyses structured and unstructured real-world data, using deep learning algorithms and data analytics to generate insights for end-users. The company also provides insights that help pharmaceutical and life science companies research and develop targeted treatments, conduct clinical trial matching, gather real-world evidence for regulatory filing of drugs, and monitor the success of commercially approved products.Key partnerships and customersIn January 2022, Syapse collaborated with next-generation sequencing company Illumina to assess the real-world uptake and actionability of genomic profiling in a clinical setting with a focus on oncology.Further in August 2022, Syapse partnered with life science research company Genesis Research to provide oncology innovators with real-world evidence (RWE) research. Syapse’s clients will have access to Genesis's patented EVID AI platform for literature review and the Evidence and Value Access (EVA) platform for product plan development and cross functional interaction.

Using data and automation to achieve 24/7 production.

Smart Factory

Element Analytics provides an operations data management platform for industrial enterprises to enable users to make data-driven decisions. Its flagship product is Element Unify, which combines information technology (IT) and operational technology (OT) data on a single platform to provide users with contextualized data for analytics. This unified approach enables industrial companies to create comprehensive 360-degree views of their operating assets, in the form of digital twins, and recycle them across similar projects, plants, and processes.&nbsp;The platform also provides a template library, as well as a number of pre-built connectors and no-code pipelines to reduce the time taken for programming. As of August 2024, the platform could be integrated into Azure Digital Twins by Microsoft, AWS IoT TwinMaker, AVEVA, Radix, Cyient, and AW IoT SiteWise.&nbsp; Key customers and partnerships As of April 2023, Element Analytics served more than 450,000 users across companies in industries such as chemicals, oil and gas, metals, power, and agriculture. Its enterprise clients included Cargill, Covestro, Teck, Evonik, and AGL.In August 2022, the company partnered with a global digital provider, IPCOS, to expand the Unify platform through the chemical plant industry. In April 2023, the company partnered with HighByte, a data management provider, to launch an integrated solution based on AWS’ Industrial Data Fabric Architecture. Other partners include Radix, Microsoft Azure, and AWS.&nbsp;Element Analytics has also collaborated with Microsoft (Element Analytics’ platform is exclusively deployed on Microsoft Azure), OSIsoft (users will be able to build and maintain assets four to 10 times faster than traditional approaches), and Amazon Web Services (AWS). Element Analytics announced an integration between its Element Unify platform and AWS IoT TwinMaker (December 2021), to allow for significantly faster digital twin development and improved effectiveness through contextualized and governed metadata. Element Unify is a foundational launch partner for AWS IoT TwinMaker, and is available in the AWS Marketplace.

Sight Machine offers a manufacturing data platform that captures and contextualizes data from factories to deliver a system-wide view of the manufacturing process as well as individual assets. The platform transforms raw plant data as well as data from machines of various manufacturers into a standardized data foundation and provides actionable insights for a range of use cases such as predictive maintenance, quality improvement, and capacity utilization. Users can analyze all assets, data sources, and processes by creating digital twins, thereby improving processes, quality, and productivity.&nbsp;In October 2022, Sight Machine introduced <a href="https://sp-edge.com/updates/13696?industryIds=6">Blueprint</a>, a tool developed in collaboration with NVIDIA and Microsoft, which uses AI for high-speed, automated data labeling. The company claims that this solution enables manufacturers to analyze up to 100x more of their data than traditional methods.&nbsp; Key customers and partnershipsSight Machine caters to at least 15 verticals, such as food and beverage, electronics, and automotive. Its global clientele includes Fortune 500 companies such as Nissan, Heineken, Westrock Co., and Asian Paints.&nbsp;<a href="https://sp-edge.com/updates/21955">In September 2023</a>, Sight Machine partnered with LS Electric, a power and automation solutions provider, to create an AI-driven Big Data analytics platform tailored for the manufacturing and energy sectors. In December 2023, the company went on to partner with Teamviewer, a remote collaboration solutions provider, to offer a joint product that combines the latter’s remote connectivity and industrial AR solutions with its real-time data and analysis for industrial processes.&nbsp;Sight Machine has established partnerships with large global companies such as Microsoft, Google, Databricks, Siemens, and AWS to integrate with their data analytics platforms and Fujitsu to help with wide deployments. In July 2023, the platform also became a certified Microsoft Cloud for Manufacturing partner and released Factory CoPilot, integrating its Manufacturing Data Platform with Microsoft Azure OpenAI Service to offer GenAI capabilities for manufacturing analysis and real-time insights. The company went on to launch the<a href="https://sp-edge.com/updates/33441"> Sight Machine connector for Databricks</a> (in September 2024), to integrate its manufacturing data platform with the latter’s data intelligence platform.

A concentration of wealth and a willingness to adopt age-in-place technologies present new opportunities.

Age Tech

AdhereTech provides a smart pill bottle, which increases the adherence to medication by using software to analyze medicine intake patterns and send messages and make calls to mobile phones to remind its users. Moreover, its system integrates with that of pharmacies’ to enable pharmacists to offer timely support to patients. The system investigates reasons for nonadherence to uncover specific reasons as to why patients discontinue, change, or pause therapy.AdhereTech also offers insights to health care companies on the trends and behavioral insights of patients, by combining the adherence information from its pill bottles, patient message, and feedback with pharmacy inputs and data.

Caremerge is a cloud-based electronic health records (EHR) and engagement platform for senior living communities, designed to increase the collaboration and engagement between the residents, staff, and families. The platform allows communities to offer a range of solutions to improve the residents’ quality of life and keep them socially engaged, including community engagement, family engagement, “Caremerge voice” (Alexa integration), and chronic care management.Caremerge catered to over 460 senior living communities across the US, as of October 2020. It also partnered with fitness and wellness video program provider, Spirio, to include virtual wellness programs such as exercise and memory care activities, in its offering.

AI-based solutions for evolving digital threats

Next-gen Cybersecurity

<div>
 
 Xage Security offers the zero trust security platform Xage Fabric to protect critical infrastructures such as energy (renewable, oil and gas pipelines), transportation, utilities, manufacturing, smart cities, and logistics. Xage Security&rsquo;s mesh-protected Fabric provides zero trust identity, data security, and secure access across OT, IoT, and cloud infrastructure. Xage Fabric is a mesh of software organized in nodes on a blockchain. It uses distributed ledger technology (DLT) to provide granular access control of every digital interaction to limit the impact of cyberattacks. This also prevents the hacker from using any compromised nodes to change policies, access data, or steal passwords. Xage Fabric uses network tunneling techniques to provide secure access to IoT systems. It also allows companies to create a cybersecurity rule dataset and ensures that the rules are enforced even if it is moved to a different system. The company offers identity and access management (IAM), remote access, and dynamic data security solutions, powered by the Xage Fabric.
 
 
 Xage Security reported YoY revenue growth of 300% and an increase in new customer deployment by 5x across the energy, defense, utilities, manufacturing, and logistics industries in 2021. Xage serves top-five global energy companies and top-five US pipeline operators. Notable customers include US Space Force, US Air Force, Saudi Aramco, Water Resources Recovery Facility, and ComEd. Xage Security helps the US Air Force with secure data sharing and has also partnered with several renewable energy companies to provide secure data access. It has leveraged machine learning to protect the grid balancing data of utility companies. The company&rsquo;s partner count rose 500% and partner revenue increased by more than 1,000% over 2020. Xage generates a significant portion of its business through indirect partners such as 1898 &amp; Co., Iron Bow, Stratus, and Agora. Xage Security reported that two-thirds of its customers are accelerating product rollouts to address rising cybersecurity risks and to meet federal regulations by the end of 2022. The company also reported that one of its customers intended to roll out the product to nearly 1,000 sites over a period of 12&ndash;18 months.
 
 
 In January 2022, the company 
 <a href="https://sp-edge.com/updates/7582">
 raised USD 30 million
 </a>
 in a Series B funding round led by Piva. The funds were expected to be utilized to increase its customer base, develop new product capabilities, increase its headcount of 45 by 90 in 2022, and scale its growth significantly. The company 
 <a href="https://sp-edge.com/updates/10389">
 secured a USD 6 million
 </a>
 extension to its Series B funding round from the venture arm of SCF Partners and Overture Climate Fund in May 2022. The funds were expected to be used to develop new product features, support growing demand, and expand its go-to-market operations.
 
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<div>
 
 Morphisec offers endpoint security solutions that use patented technologies to proactively identify threats with minimal performance overhead and experience on a specific threat. The company&rsquo;s product, &ldquo;Morphisec Guard'' uses a combination of traditional antivirus software and proprietary technology to protect endpoints against known and unknown malware and ransomware, and also offers incident response services. In addition to employee workstations, Morphisec&rsquo;s offering also extends to the protection of servers (cloud-based or on-premise) and virtual desktops. As of April 2021, Morphisec&rsquo;s platform protected more than 5,000 companies and 7 million endpoints worldwide. The company claims that its platform prevents more than 15,000 attacks per day, and counts companies such as Motorola, Maersk, and Radwell International among its clients. The company&rsquo;s vulnerability management tool, &ldquo;Morphisec Scout&rdquo; automatically scans for vulnerabilities across endpoints and server applications during runtime to deliver threat prevention solutions. As of August 2021, Morphisec&rsquo;s platform protected more than 5,000 companies and 8 million endpoints worldwide.
 
 
 Morphisec raised USD 31 million in Series C funding in March 2021 led by Jerusalem Venture Partners. The company expects to use the funding to expand its team in Israel and the US.
 
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Additive manufacturing makes objects by systematically adding material via a CAD program

Additive Manufacturing

Carbon sells 3D printers along with related software and material for additive manufacturing to allow mass customization and on-demand inventory management. With a range of patented engineering and dental resins, Carbon targets automotive, consumer goods, dental (healthcare), and other industrial use cases. Carbon’s product portfolio includes several types of 3D printers named M1, M2, and M3 (an advanced end-to-end idea-to-production platform introduced in January 2022) as well as L1 and a parts washer. Carbon’s materials portfolio includes rigid, elastomeric, and dental materials. Carbon’s design software platform was launched targeting product designers globally in 2022. It offers regular software updates to its printers to continuously improve the processes and the outcome. With the acquisition of design software company <a href="https://sp-edge.com/updates/12722">ParaMatters </a>in August 2022, Carbon expanded its software capabilities to include topology optimization capabilities, allowing users to speed up the design iteration process and create complex, high-performance part designs.The company also offers print analytics solutions, allowing real-time review of production data and part traceability from design to print stage. Adding to its proprietary pool of materials, in February 2022, Carbon introduced a flame retardant photopolymer resin that ensures durability and the long-term stability of printed parts.Carbon uses patented Digital Light Synthesis (DLS) technology that uses digital light projection and engineering-grade materials to develop parts with mechanical properties and a surface finish. DLS is driven by Carbon’s Continuous Liquid Interface Production (CLIP) technology, which uses ultraviolet (UV) light to cure liquid plastic resin into solid parts. Unlike traditional resin-based 3D printing (which reportedly makes weak parts), Carbon’s printed parts are baked in an oven, exposing the parts to a second heat-activated programmable procedure for improved strength.&nbsp;In November 2024, the company&nbsp;<a href="https://sp-edge.com/updates/36173">launched the EPU Pro platform</a>, a single-part, dual-cure elastomer resin. EPU Pro offers a range of stiffness options with durometers from 50A to 90A. It incorporates foaming agents for suede-like textures and features enhanced printability for complex geometries.Key customers and partnershipsCarbon had a presence in 17 countries as of January 2024, with plans to expand to other international markets in the future. The company also operates through a network of design firms and contract manufacturers that specialize in Carbon’s technologies. Carbon connects customers with these partners if they have a prototype that needs to be made.Carbon has entered several partnerships with other AM companies including Desktop Metal to bring its Flexcera resins to the Carbon Digital Manufacturing Platform (July 2023), Henkel to combine materials and printing expertise (October 2020), and Shapeways to offer access to Carbon’s 3D printing technology and materials (March 2019).Funding and financialsIn June 2019, Carbon raised USD 260 million co-led by Madrone Capital Partners and Baillie Gifford, bringing the company’s total funding to USD 683.4 million. Carbon planned to use this capital to expand R&amp;D, establish its first advanced development facility (ADF), and support international growth in Europe and Asia.&nbsp;

Desktop Metal provides a range of additive manufacturing (AM) solutions including the sale of 3D printers with related software and materials as well as other related services targeting applications including rapid prototyping, pilot runs, mass production of tools, end-use parts, and aftermarket parts. The company mainly serves industries such as automotive, consumer goods, heavy industry, education, machine design, healthcare, and manufacturing tooling.Desktop Metal’s products include 1) Production System, a metal 3D printer for mass production; 2) X-Series, a binder jet 3D printer with patented Triple ACT (advanced compaction technology) and specialty materials including metals and ceramic; and 3) Shop System, a metal binder jetting system targeting metal 3D printing at machine shops, which also includes <a href="https://sp-edge.com/updates/12724">Shop System+, and Shop System Pro packages </a>introduced in August 2022 and <a href="https://sp-edge.com/updates/14160?industryIds=71">Shop System Forust Edition, </a>a high-speed 3D printer for upcycled wood parts; 4) Studio System 2, an office-friendly metal 3D printer; 5) Fiber; a composite 3D printer using thermoplastic material such as nylon and 6) <a href="https://sp-edge.com/updates/12867?industryIds=71">Figur G15, </a>a printer platform based on patent-pending Digital Sheet Forming (DSF) technology that fabricates sheet metal into parts with a high level of surface finish with little to no post-printing.Desktop Metal also offers <a href="https://sp-edge.com/updates/12723">Live Sinter software </a>—a sinter simulation software that allows the design of sinter-ready, printable parts.. In March 2023, it launched <a href="https://sp-edge.com/updates/16892?industryIds=71">Live Suite, </a>a premium software package to offer advanced design capabilities for metal, polymer, and ceramic parts. In September 2023, it launched <a href="https://sp-edge.com/updates/22343">Live Monitor, </a>an Industry 4.0 solution for users to monitor and use real-time data to improve efficiency.Desktop Metal has grown through the acquisition of several companies including binder jetting technology company ExOne (November 2021), AM company AIDRO hydraulics &amp; 3D printing (September 2021), powder-based material AM company Aerosint (July 2021), provider of printed elastomers for AM Adaptive3D (May 2021), and polymer AM company EnvisionTEC (January 2021) to expand its material and printer offerings.In October 2023, the company sold Belgian additive manufacturing solutions provider <a href="https://sp-edge.com/updates/23189">Aerosint SA </a>to motion technology company Schaeffler. Desktop Metal maintained its collaboration with Schaeffler in advancing binder jet 3D printing technology, while retaining the option for future commercial utilization.In July 2024, the entire company was <a href="https://sp-edge.com/updates/31161">acquired by Nano Dimension</a> for ~USD 183 million in an all-cash transaction. Key customers and partnershipsDesktop Metal operates through an internal sales team and a network of 200+ distribution partners (value-added resellers) in over 65 countries. Its customers include small and medium enterprises as well as Fortune 500 companies. The company received a major <a href="https://sp-edge.com/updates/14615?industryIds=71">contract </a>from the US Department of Veterans Affairs in November 2022. In October 2022, Desktop metal partnered with <a href="https://sp-edge.com/updates/13694?industryIds=71">Siemens </a>to accelerate the adoption of additive manufacturing at scale specifically targeting large-scale manufacturers. The company also entered into materials-related partnerships with Carbon in July 2023 to make Flexcera resins available to users of Carbon's 3D printers as well as with Henkel in August 2022 to validate Henkel's materials for DM printers. In March 2024, Desktop Metal expanded its partnership with Evonik, a chemical manufacturer, to integrate the latter’s INFINAM solution into its portfolio of polymers.

Using autonomous, green, IoT, and digital technologies to shape the future of ocean-based transportation

Shipping Tech

<div>
 
 Freightos is a digital freight marketplace that connects shippers (importers and exporters) with freight forwarders, providing an online platform for booking international shipments. Through Freightos.com, shippers can compare instant freight quotes from multiple forwarders, book their preferred option, and manage their shipments from origin to destination.
 
 
 
 
 Freightos leverages innovative technology, including machine learning, to automate processes and optimize routing and pricing. This enables shippers to access millions of routing options, get transparent pricing breakdowns, and benefit from cost savings. The platform streamlines the entire shipping experience, from obtaining quotes to tracking shipments in real-time.
 
 
 
 
 Freightos caters to businesses of all sizes, from small enterprises to large multinational corporations, across various industries. It offers dedicated solutions for Amazon FBA sellers, facilitating the consolidation and management of shipments to Amazon fulfillment centers.
 
 
 
 
 In addition to the Freightos Marketplace, the company provides other products and services, including WebCargo, a solution for freight forwarders to digitize air cargo bookings, and Freightos Data, an analytical resource publishing the Freightos Baltic Index, a daily benchmark of container shipping prices.
 
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NYSHEX (New York Shipping Exchange) is a technology company founded in 2014 that provides an integrated platform to improve contract performance and reliability in the ocean freight shipping industry. The company offers a digital infrastructure that serves as a shared system of record for shippers, carriers, and non-vessel operating common carriers (NVOCCs). NYSHEX's platform harmonizes contract and performance data, providing real-time visibility into ocean freight contracts and enabling users to monitor performance, receive automated alerts on booking patterns, and adapt to changing market dynamics.
The company's core product, the NYSHEX Forward Contract, is a standardized, enforceable agreement that locks in rates for specific weeks up to six months in advance, including all mandatory charges. This contract is designed to work alongside existing long-term and spot market contracts, offering space and equipment guarantees with fixed rates. NYSHEX's technology monitors contract compliance, and if a party fails to honor their commitment, the exchange collects and distributes liquidated damages.
In March 2022, NYSHEX reported a 340% revenue growth for 2021, with shipping volumes more than tripling. The company handled USD 1 billion in gross freight volume in 2021 and anticipated increasing that to USD 4 billion by the end of 2022. As of September 2022, NYSHEX's platform was being used by over 190 BCOs, 130 NVOs, and seven carriers globally, including major companies such as PVH, Serena & Lily, and Staples. In June 2024, MSC, the world's largest fleet operator, announced an agreement to use NYSHEX's platform for digitalizing the performance monitoring of its ocean freight contracts.

The on-demand economy has finally reached white collar work.

Online Freelancing Platforms

Catalant Technologies is a freelancer marketplace providing expertise in consulting services. This includes areas such as corporate strategy, market research, sales, digital transformation, and others. The platform connects organizations with independent talent from top consulting firms such as McKinsey, PwC, Deloitte, and Accenture.&nbsp;It offers data and business analytics, technology and digital services, marketing, corporate strategy, market research, finance, and accounting. In 2020, the company announced the launch of its SaaS platform, “Catalant Platform,” which assists organizations in managing freelancer projects.The company generates revenue by charging a 20-30% of the total project fees from a client.Key customers and partnershipsAs of October 2024, Catalant served over 700 enterprises and provided access to more than 100,000 highly-skilled independent consultants, with an average of 19+ years of experience, including 10,000+ with Fortune 500 backgrounds. As of October 2023, the firm completed over 16,000 projects in ten years, working with over 30% of the Fortune 500 and major PE clients and their portfolio companies. Notable clients include Pfizer, Ansell, and ABInBev.In&nbsp;<a href="https://sp-edge.com/updates/21396">August 2023</a>, Catalan partnered with Acropolis Advisors to offer strategic consulting services to C-suites of public and private companies.&nbsp;

Artificial intelligence is identifying and testing new therapies faster than ever.

AI Drug Discovery

<div>
 
 Verana Health is a clinical data analytics company that offers AI and machine learning-based data platforms focused on supporting pharmaceutical companies and drug developers by providing data-driven insights across medical areas such as neurology, urology, and ophthalmology.&nbsp;
 
 
 The company has two flagship products: 1) VeraQ, a population health data engine that gathers unstructured medical data to generate insights; 2) Qdata, a database of curated clinical data derived from VeraQ.&nbsp;
 
 
 Key customers and partnerships
 
 
 The company gathers medical data from patient registries and electronic health record (EHR) notes via its partnerships with various medical associations and societies including the American Academy of Ophthalmology, the American Academy of Neurology, and the American Urological Association. The data is then used to generate insights that assist pharma companies to expedite their drug development process, as well as save costs.&nbsp;
 
 
 The company reports that it is working together with various multinational pharma companies and emerging biotechs, although names have not been disclosed. Furthermore, as of March 2024, it had over 20,000 clinicians in its data network.&nbsp;
 
 
 Funding and financials
 
 
 Founded in 2008 as DigiSight Technologies, the company rebranded to Verana Health in 2018 with the backing of GV (formerly Google Ventures). In its latest 
 <a href="https://sp-edge.com/updates/7868">
 Series E funding round
 </a>
 in 
 <a href="https://sp-edge.com/updates/7868">
 January 2022
 </a>
 , Verana raised USD 150 million led by Johnson &amp; Johnson Innovation and Novo Growth. The funds were used to enhance the company&rsquo;s product offerings and its data network and pursue new clinical data partnerships. 
 
</div>

Membership-based, non-insurance healthcare companies helping maintain a steady state of well being.

Preventive Healthcare

Omada is a prevention-focused digital therapeutics startup that helps members achieve health goals through lifestyle changes. It offers four evidence-based, virtual prevention programs for managing hypertension, musculoskeletal (MSK) issues, prediabetes, and diabetes.Omada offers real-time data tracking through connected devices (such as wireless scales, blood pressure, and glucose monitors) and access to personalized coaching sessions via a mobile app as part of its prevention program. It also provides an online community of peers with similar health conditions to discuss challenges and provide support. In May 2021, Omada became the first fully-virtual healthcare provider to earn the National Committee for Quality Assurance’s Population Health Program Accreditation for its type 2 diabetes and type 2 diabetes + hypertension programs.Unlike its peers, Omada operates a performance-based business model where it charges clients an enrollment fee based on the number of users and a performance fee based on how much weight their employees lose. In May 2020, the company acquired virtual physical therapy startup Physera.Key customers and partnershipsAs of May 2024, Omada had more than 1 million members from more than 1,900 enterprise clients across all 50 US states. Its B2B employer and health plan client base include key clients such as American Eagle, Kaiser Permanente, Costco Wholesale, 3M, and Marvin. Additionally, the company has partnered with health systems and hospitals such as Intermountain Healthcare to provide its preventive programs as a covered benefit.In <a href="https://sp-edge.com/updates/15587">January 2023</a>, the company partnered with health service company Castell (a subsidiary of Intermountain Healthcare) to provide its diabetes programs to members from Intermountain Healthcare’s primary care providers in its Utah Medical Group. Further in <a href="https://sp-edge.com/updates/25245">January 2024</a>, the company partnered with Amazon to expand access to its cardiometabolic program.

Moving industry forward with next-gen advancements in energy storage and transmission

Alternative Energy

Zola Electric is a Dutch company providing off-grid home solar systems designed to overcome inadequate access to energy in developing markets. As of April 2022, Zola Electric had installed more than 385,000 home solar systems, serving nearly 1.5 million people, across 10 countries across three continents. This includes Ghana, South Africa, Nigeria, the US, and Brazil.Zola Electric offers three solar power systems: Zola Infinity (integrates solar and energy storage to power houses and office appliances), Zola Flex (plug-and-play solar and lithium-ion battery power system), and Zola Vision (a consumer app that provides data, analytics, and control of systems).&nbsp; Zola Electric follows a pay-as-you-go (PAYG) model, allowing users to pay in installments through mobile payment solutions.Key customers and partnerships&nbsp;In May 2021, Zola signed a distribution partnership with Blue Camel. In December 2022, Zola signed a distribution partnership with Haiti Green Solutions to expand operations to Haiti. Other distribution partners include EDF, Total, Distributed Power Africa (DPA), Micro-power, and Econet Energy.In October 2023, Zola partnered with Wetility to use Zola’s Flex Max off-grid home solar home solution to address load shedding in South Africa.&nbsp;Funding and financials&nbsp;Zola Electric’s most recent funding was in September 2021, when it raised USD 90 million in debt and equity. The equity round of USD 45 million was led by TotalEnergies Ventures. The funds were utilized for product development and commercialization.&nbsp;

Data Infrastructure & Analytics

<div>
 
 Data-mastering company Tamr is an enterprise data unification platform that is deemed cost-effective, scalable, and accessible to any enterprise. Deployed in production at a variety of organizations, including information services providers, pharmaceutical firms, and retailers, the company&rsquo;s cloud-native solutions offer an alternative to traditional Master Data Management (MDM) tools. Backed by investors like NEA and Google Ventures, Tamr lays the foundation for modern DataOps at many large organizations such as Toyota, Santander, and GSK.
 
</div>

Smart Homes: Energy & Water Solutions

ZOLA Electric is a leading emerging market energy technology company that aims to eradicate energy inequality globally. The company's roots trace back to Tanzania, where its founders observed communities lacking access to reliable and affordable energy sources, relying instead on dirty, expensive, and difficult-to-manage forms of energy like diesel, kerosene, and lead-acid batteries.Over a decade ago, ZOLA began by installing smart, connected lithium-ion batteries and solar systems to power basic energy needs such as lighting for rural communities. This approach of deploying networked, connected devices has driven the energy transition in emerging markets. Today, ZOLA has developed the world's first enterprise technology platform, purpose-built for energy access markets, combining a family of products controlled by a single operating system, ZOLA Vision.ZOLA's technology platform enables community-level electrification by facilitating localized solar energy production and providing smart technology with remote management tools. The platform is designed to deliver reliable, affordable, and clean power to the 3 billion people and hundreds of millions of businesses globally that lack access to it.Since its inception in Tanzania, ZOLA has expanded its operations to 10 countries across four continents, delivering affordable, reliable, and clean energy to over 2 million people, along with numerous schools, clinics, and businesses. In December 2022, the company launched its platform in Haiti, partnering with local renewable energy pioneer Haiti Green Solutions to address the country's energy crisis. This marked ZOLA's first market entry into North America.In November 2022, ZOLA commissioned a 120 kWp distributed solar mini-grid system in the Nyagatare district of Rwanda, providing power to over 1,000 homes, businesses, and institutions in the villages of Gakagati I and II. The project, developed using ZOLA's modular INFINITY technology, received support from organizations like Facebook (now Meta), the Shell Foundation, USID, and Endev.

Simplifying healthcare administration with intuitive tech tools

Hospital Management

Arcadia is a healthcare technology company that provides a comprehensive data platform for healthcare providers and payers. The company's flagship product, Arcadia Analytics, serves as a cornerstone for managing value-based care contracts and population health initiatives. Arcadia's platform aggregates and analyzes data from various sources, including clinical EHRs, claims data, social determinants of health, pharmacy records, and ADT feeds, to provide actionable insights for healthcare organizations. The platform offers flexibility and accuracy, enabling users to generate actionable data shared across networks. Arcadia Analytics features a user-friendly web portal and deep data mining capabilities, allowing healthcare professionals to access essential tools for population health management. In December 2023, Arcadia sold its managed service organization and value-based care service division to Guidehealth, a value-based care enablement startup. However, Arcadia continues to partner with Guidehealth, providing its data analytics platform to power the newly acquired offering.
Key customers and partnerships
Arcadia's platform is utilized by a wide range of healthcare organizations, including providers, payers, and innovative organizations seeking to improve population health management. In October 2022, the company was recognized as one of the largest health tech companies in Massachusetts by the Boston Business Journal. Arcadia has established partnerships with various healthcare entities, including a collaboration announced in December 2023 with Guidehealth to leverage Arcadia's data analytics platform. The company's solutions have been implemented by multiple teams within healthcare organizations, demonstrating its wide-reaching impact in the industry.

A new generation for mobile connectivity with 5G and beyond

Next-gen Mobile Networks

Menlo Micro, formerly a division of GE, is a company that has developed a revolutionary microelectromechanical system (MEMS) switch called the Ideal Switch. This patented technology integrates more than 400 individual switches to enable unprecedented power handling capabilities of up to 10A in a miniature 5mm x 5mm surface-mount package. The Ideal Switch employs true metal-to-metal contacts, reducing losses and power dissipation by over 90% compared to solid-state devices. With an ultra-low on-state resistance of 10 milliohms and the ability to handle continuous AC or DC currents of +/- 10A, the Ideal Switch offers the lowest loss and highest power capabilities of any micro-mechanical switch on the market.
One of the key advantages of the Ideal Switch is its extreme mechanical endurance, typically rated for billions of switching cycles, providing 1,000 times better lifetime than traditional electromechanical relays. Its arc-free capability enhances safety and reliability, reducing maintenance costs in industrial automation applications. The device's lightning-fast 10-microsecond actuation speed, over 1,000 times faster than electromechanical relays, enables new concepts for power switching and protection.
Menlo Micro's product portfolio includes the MM9200, the world's first micromechanical power switch capable of handling 10A, targeted at industrial automation, smart building controls, energy management systems, and space-constrained power distribution applications. The company has also released several high-power RF switches, such as the MM5120 (DC to 18GHz SP4T) and MM5130 (DC to 26GHz SP4T), designed to replace large RF electromechanical relays and solid-state switches in applications where linearity, insertion loss, and reliability are critical. In March 2023, Menlo Micro introduced the MM1200, a six-channel SPST switch for high-density AC/DC switching in medical, industrial, and test and measurement applications.

Using real-time data to create dynamic virtual representations of the real world

Digital Twin

Element Analytics provides an operations data management platform for industrial enterprises to enable users to make faster and data-driven decisions. Its flagship product is Element Unify which combines information technology (IT) and operational technology (OT) data on a single platform to provide users with contextualized data for analyticsAs of June 2024, the platform can be integrated into Azure Digital Twins by Microsoft, AWS IoT TwinMaker, AVEVA, Radix, Cyient and AW IoT SiteWise. By integrating into a digital twin platform, users are able to deploy, govern and maintain models. The platform is available in personal, team and enterprise packages.&nbsp;Key customers and partnershipsThe company operates a B2B business model providing services to customers in the chemical, power, agriculture and oil and gas industries.&nbsp;In August 2022, the company partnered with a global digital provider, IPCOS, to expand the Unify platform through the chemical plant industry. In April 2023, the company partnered with HighByte, a data management provider, to launch an integrated solution based on AWS’ Industrial Data Fabric Architecture. Other partners include Radix, Microsoft Azure, and AWS.&nbsp;Funding and financialsThe company raised USD 18 million in June 2020 in a series B funding round co-led by Activate Capital and Forte Ventures. The funds were earmarked toward advancing its industrial enterprise solutions.&nbsp;As of April 2023, the company had a customer base with a total revenue of USD 750 billion.

A new generation of building blocks for emerging tech

Next-gen Semiconductors

Menlo Micro is a company that specializes in developing and manufacturing innovative microelectromechanical systems (MEMS) switches, known as the Ideal Switch technology. The company's core product offering is a range of high-performance MEMS switches that combine the benefits of mechanical relays and solid-state switches. Menlo Micro's Ideal Switch technology enables switches that are significantly smaller, faster, and more reliable than traditional electromechanical relays while providing lower power consumption and better efficiency than solid-state alternatives.
The company's product portfolio includes various switch configurations such as single-pole/single-throw (SPST), single-pole/four-throw (SP4T), and double-pole/double-throw (DPDT) switches. These switches are designed for applications across multiple industries, including industrial automation, smart building controls, energy management systems, telecommunications, aerospace and defense, medical devices, and consumer electronics.
One of Menlo Micro's flagship products is the MM9200, introduced in December 2022. This device is capable of handling 10A of current in a miniature 5mm x 5mm surface-mount package, with an ultra-low contact resistance of 0.010 ohms. The MM9200 offers fast switching speeds of 10 microseconds, a voltage standoff of ±300V, and a mechanical endurance of over 1 billion switching cycles. In March 2023, the company released the MM1200, a six-channel SPST switch designed for power and signal switching applications in both DC and AC circuits.
To support its Ideal Switch products, Menlo Micro also develops complementary technologies such as the MM101, an 8-channel low-voltage to high-voltage driver with an integrated charge pump, released in January 2023. This driver solution aims to simplify the integration of Menlo Micro's switches into various applications.
In July 2023, Menlo Micro announced plans to establish its first domestic production facility, called the Ideal Fab, in Tompkins County, New York. The company committed to investing USD 50 million in this facility over three years, with the potential for additional investments up to USD 150 million as part of a multi-year growth strategy.

Transforming neurological care with innovation

Neurostimulation Tech

Neuronetics is a commercial-stage medical technology company that develops the NeuroStar Advanced Therapy System, a non-invasive and non-systemic office-based treatment that uses transcranial magnetic stimulation (TMS) to create a pulsed magnetic field designed to stimulate specific areas of the brain associated with mood regulation. The NeuroStar system is FDA-cleared for the treatment of major depressive disorder (MDD) in adult patients who have failed to achieve satisfactory improvement from prior antidepressant medication. It is also cleared for the treatment of obsessive-compulsive disorder (OCD) and for decreasing anxiety symptoms in adult patients with MDD who exhibit comorbid anxiety.
The NeuroStar therapy delivers magnetic pulses that stimulate nerve cells in the brain to improve symptoms of MDD and OCD. It provides a valuable option for patients who do not respond to antidepressant medications. As of March 2024, Neuronetics secured FDA clearance for NeuroStar as the first and only TMS treatment to be used as a first-line adjunct treatment for adolescent patients aged 15 to 21 with MDD. This expands the company's total addressable market in MDD by approximately 35%.
Neuronetics utilizes its proprietary TrakStar platform, a data repository that collects real-world evidence from daily use of NeuroStar therapy, to evaluate opportunities for expanding the treatment's indications. The company reported full-year 2023 revenue of USD 65.2 million, up 18% from the previous year, driven by strong growth in treatment session sales, particularly in the local consumable customer segment.
Key customers and partnerships
In March 2024, Neuronetics announced a five-year exclusive partnership with Transformations Care Network, one of the nation's largest mental healthcare providers. Under this agreement, Neuronetics became Transformations' exclusive provider of new TMS systems, and Transformations converted from a fixed price to a consumable model for all its existing NeuroStar systems.

Empowering the modern soldier with cutting-edge technology

Military Tech

Clearpath Robotics is a Canadian robotics company specializing in autonomous mobile robots (AMRs) for industrial applications. Founded in 2009 by four University of Waterloo mechatronics engineering graduates, the company initially focused on creating technology to remove mines from war zones before shifting to developing driverless vehicles for hazardous jobs in manufacturing and industrial plants. In 2015, Clearpath launched its OTTO Motors division, which became the company's primary focus for AMRs in manufacturing environments.
Clearpath's AMRs are designed to transport materials and products within manufacturing facilities, aiming to improve efficiency and reduce manual labor in tasks such as moving parts to assembly lines and between manufacturing cells. The company's product lineup includes various autonomous vehicles capable of handling different load capacities. Clearpath also developed OutdoorNav, an autonomous navigation software platform launched in 2022, which provides GPS-based navigation for outdoor mobile platforms and third-party industrial vehicles.
In September 2023, Rockwell Automation, a global leader in industrial automation, announced its acquisition of Clearpath Robotics in a deal valued between USUSD 550 million and USUSD 600 million. The acquisition, which was completed in October 2023, aimed to enhance Rockwell's capabilities in advanced material handling solutions and strengthen its position in the rapidly growing AMR market for manufacturing applications. Following the acquisition, Clearpath Robotics became part of Rockwell's Intelligent Devices operating segment.
Key customers and partnerships
Clearpath Robotics' OTTO Motors division has established a strong presence in the manufacturing sector, with over 70% of its AMRs installed in Fortune Global 500 companies. Notable customers include General Electric, Toyota, and Nestle, spanning industries such as automotive, consumer packaged goods, and home appliance manufacturing.
In February 2020, Clearpath expanded its operations in the Japanese market through a partnership with Altech, a Japan-based trading company. This partnership was part of Clearpath's strategy to build a global network of certified installation partners, facilitating easier onboarding and servicing of international customers.

Ensuring the right people access the right resources at the right time

Identity & Access Management

Xage is the first and only zero-trust real-world security company. The Xage Fabric accelerates and simplifies the way enterprises secure, manage and transform digital operations across OT, IT, and the cloud. Xage solutions include Identity &amp; Access Management (IAM), remote access, and dynamic data security, all powered by the Xage Fabric.

Optimizing the future of energy with software solutions

Energy Optimization & Management Software

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 Stem Inc. is a provider of artificial intelligence-driven clean energy solutions and services. The company's core offering is its proprietary software platform, Athena, which employs AI to optimize energy efficiency for customers. Athena enables automatic switching between battery power, on-site generation, and grid power, helping to reduce electricity bills and improve returns on clean energy assets. Stem's solutions include energy storage, solar plus storage, wholesale energy markets, microgrids, backup power, utility bill optimization, demand response, commercial EV charging, and sustainability.
 
 
 
 
 Stem deploys battery energy storage system (BESS) projects and manages renewable energy plants. The company initially focused on behind-the-meter (BTM) commercial and industrial (C&amp;I) projects but has expanded into front-of-the-meter (FTM) projects as well. As of the third quarter of 2023, Stem had 3.8GWh of energy storage and 26GW of solar assets under management through its Athena platform. In December 2021, Stem acquired AlsoEnergy, a Colorado-based company that develops solar asset management software, for USD 695 million. This acquisition added 32.5 gigawatts of solar assets under management across more than 50 countries to Stem's portfolio.
 
 
 
 
 Stem's business model includes hardware sales and software services. In the third quarter of 2023, the company reported revenues of USD 39.8 million, representing a 334% increase from the previous year. However, the majority of this growth was driven by hardware sales, with software and services revenue accounting for only about 12% of total revenue. Stem trades on the New York Stock Exchange under the ticker symbol &quot;STEM&quot;.
 
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Longevity Tech

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 Human Longevity is a genomic-based, health intelligence company that aims to build a comprehensive database on human phenotypes and genotypes and uses advanced AI, ML, and genome sequence analysis to develop new methodologies and therapeutics to treat age-related diseases.
 
 
 
 
 The company&rsquo;s 100+ program is a proprietary program that combines technology with medical professionals to help improve users&rsquo; health spans. Clients receive annual precision health assessments informed by genomics, blood biomarkers, and in-depth imaging. The clinicians and other professionals provide pre-symptomatic diagnoses and treatments based on these data and continuously track health progress.
 
 
 
 
 With around 2,000 members in its headquarters in San Diego as of October 2023, the company has opened two more sites in San Francisco and Beijing. As of October 2023, the company reported plans to open seven other locations around the world over the following five years.
 
 
 
 
 
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The Plate is aiming to tap into the creator economy trend and preserve those fine culinary skills have amassed, and push them even further forward.

FogHorn is a developer of “edge intelligence” software for industrial and commercial IoT application solutions. FogHorn’s software platform brings the power of advanced analytics and machine learning to the on-premises edge environment enabling a new class of applications for advanced monitoring and diagnostics, machine performance optimization, proactive maintenance and operational intelligence use cases. FogHorn’s technology is ideally suited for OEMs, systems integrators and end customers in manufacturing, power and water, oil and gas, renewable energy, mining, transportation, healthcare, retail, as well as smart grid, smart city, smart building and connected vehicle applications.

Catalant is a software company that provides global enterprises with software solutions to access business expertise on demand.  The company helps more than 30% of the Fortune 100 get from strategy to execution faster, with software that helps businesses accelerate mission-critical work and more than 65,000 experts and 1,000 firms who help them deliver it. Catalant platform is designed to enable the process of strategy execution, starting with entering in a business’ most important strategic objectives, aligning work and breaking it down into distinct elements, accessing and deploying needed internal and external resources, collaborating to execute it, measuring the work’s value, and providing insights to keep improving how it all gets done. It has built a global network of more than 27,000 boutique firms, custom teams, and independent experts, as well as best-in-class software tools for engaging and managing this market. Catalant is headquartered in Boston, Massachusetts, and serves customers around the world.

Upskill provides wearable technology to connect hands-on workers from the factory to the warehouse to the jobsite. Its robust platform, Skylight, connects the industrial workforce with the people, processes, information, and equipment they need to do their jobs with greater efficiency and fewer errors, leaving them hands free to focus on their tasks at hand, and their tools. For organizations in the competitive global market looking to increase productivity, improve quality, reduce costs, train new workers, retain tribal knowledge, and provide a strong foundation for further investments, the future starts with Upskill.

Balena is a complete set of tools for building, deploying, and managing fleets of connected IoT devices. It provides infrastructure and tools for fleet owners so they can focus on developing their applications and growing their fleets with as little friction as possible. Balena enables devices and their running services to be managed, monitored, and updated through the web dashboard or through its API, via the CLI and SDK. Balena was established in 2013.

Drawbridge Health is a privately held healthcare technology company that is focused on reinventing the blood sampling paradigm, enabling comfortable and convenient blood sample collection anytime and anywhere. Drawbridge has both internally generated IP and the exclusive license to GE’s substantial blood stabilization chemistry IP portfolio.

Nuvolo is an EAM platform that delivers a simple, intuitive, and user-friendly online and offline mobile experience. It is revolutionizing enterprise asset management by innovating on ServiceNow, an enterprise cloud platform. The company’s vision is to be the global leader in cloud-based EAM, powered by a culture of innovation and a relentless commitment to customer service. Fully optimized for growing, mobile workforces worldwide, Nuvolo delivers a simple, intuitive, and user-friendly online and offline mobile experience.  It was founded in 2013 and is headquartered in Paramus, New Jersey with offices throughout the U.S. and internationally in London and Pune, India.

Acutus Medical develops medical technologies to treat complex cardiac arrhythmia. The company's platform displays the heart’s true activation pattern, turning the chaos of a complex arrhythmia into a clear vision for electrophysiologists. Acutus Medical is a privately funded company founded in 2011 and based in Carlsbad, California. Its products are co-developed in the U.S. and Europe with an exceptional team of medical scientists, biomedical engineers, and other professionals. It was founded in 2011 and headquartered in Carlsbad, California.

Equalum is trusted by Fortune 500 and mid-sized enterprises across key industries to stream data to the cloud in real-time, powering data warehouse modernization, real-time analytics, AI/ML, and more. Backed by industry-leading change data capture (CDC), Equalum’s easy-to-use platform features drag-and-drop UI, as well as powerful data replication and streaming ETL tools (including Spark and Kafka) that allow you to build real-time data pipelines in minutes.

Xometry is a AI-enabled marketplace for on-demand manufacturing, transforming one of the largest industries in the world. Xometry uses its proprietary technology to create a marketplace that enables buyers to efficiently source on-demand manufactured parts and assemblies, and empowers sellers of manufacturing services to grow their businesses.

Portworx is a cloud-native storage and data management company offering the industry’s first storage solution purpose-built for containers. With Portworx, they can manage any database or stateful service on any infrastructure using any container scheduler. It also enterprises depend on to reduce the cost and complexity of rapidly deploying containerized applications across multiple clouds and on-prem environments. Portworx creates a storage layer that allows developers to then access that data, no matter where it resides. The company solves the five most common problems DevOps teams encounter when running stateful services in production such as security, data automation, persistence, support, and high availability for multiple data stores and infrastructure. Portworx was founded in 2014 and is headquartered in Los Altos, CA, USA.

Xage is a global leader in zero trust access and protection on a mission to pioneer a secure tomorrow. Control access and prevent attacks in the cloud, in the data center, at the remote operational edge anywhere on Earth, and even in orbit with the Xage Fabric Platform. Xage is easy to manage and can be deployed in a day, giving users easy and secure access to the assets they need from anywhere, while preventing advanced adversaries and insider threats at every stage of the attack chain. Learn why organizations like the U.S. Space Force, PETRONAS, and Kinder Morgan choose Xage at xage.com.

Aras is a suite of open source product life cycle management (PLM) software solutions that run on a model-based SOA application framework. Aras functionality includes Bill of Materials (BOM), engineering change workflows, document management, CAD / EDA integrations, product costing, new product development & introduction (NPDI), phase-gate project management, supplier collaboration, quality compliance, manufacturing process management, tooling management, and more. It was founded in 2000 and headquartered in Andover, Massachusetts.

IoTium is the first secure network infrastructure company for the Industrial Internet of Things (IIoT). Headquartered in Silicon Valley and backed by GE Ventures, March Capital, and Juniper Networks, IoTium was founded with the understanding that secure connections matter. The company's patented technology enables a Network as a Service (NaaS) solution to securely connect legacy onsite systems to cloud-based applications, allowing building and industrial automation, oil & gas, manufacturing, transportation and smart city industries to realize the promise of Industry 4.0. For more information, visit: http://www.iotium.io.

Freightos is an online freight marketplace with powerful freight digitization tools.

Sarcos Technology and Robotics Corporation (NASDAQ: STRC) (NASDAQ: STRCW) is a leader in advanced robotic technology designed to increase the intelligence, efficiency, capability and productivity of advanced robotic systems. Sarcos robotic artificial intelligence and machine learning software enables generalizable autonomy to address challenging, dynamic environments for industries that require a high degree of adaptability and efficiency.

Evidation measures health in everyday life and enables anyone to participate in groundbreaking research and health programs. Built upon a foundation of user privacy and control over permissioned health data, Evidation's Achievement platform is trusted by millions of individuals—generating data with unprecedented speed, scale, and rigor. We partner with leading healthcare companies to understand health and disease outside the clinic walls. Guided by our mission to enable and empower everyone to participate in better health outcomes, Evidation is working to bring people individualized, proactive, and accessible healthcare—faster.  Founded in 2012, Evidation Heath is headquartered in California. We collaborate as a distributed team with additional offices around the globe. To learn more, visit evidation.com, or follow us on Twitter @evidation

Verana Health is a digital health data company that delivers insights from unfiltered healthcare data with integrity to connect the dots between patient care and clinical research. Verana Health is exclusively entrusted by key specialty medical societies to manage data from real-world healthcare settings across more than 20,000 healthcare providers and 70 electronic health record systems. Its healthcare data ecosystem is powered by VeraQ™, a clinician-directed and AI-enhanced population health data engine that securely powers a data integrity feedback loop of nearly a half-billion raw, point-of-care health encounters. By applying advanced analytics to proprietary, curated datasets, Qdata™, Verana Health helps life sciences partners enhance evidence generation and speed clinical research that promote physicians’ quality of care and patients’ quality of life. For more information, visit www.veranahealth.com.

Volta Charging is a marketing and advertising company that designs, installs, and maintains a network of electric vehicle charging stations funded by sponsor brands. The company provides a valuable community amenity in markets across the U.S. helping brands meet consumers at the optimal moment of the purchase decision. It was founded in 2010 and is headquartered in San Francisco, California.

Tamr is an enterprise data unification company that is accessible to any enterprise. Tamr team began building a commercial-grade solution designed to tackle the challenge of connecting and enriching diverse data at scale and cost-effectively. Tamr is deployed in production at a variety of organizations, including information services providers, pharmaceutical firms, and retailers. Tamr, based in Cambridge, Massachusetts, was founded in 2013 by database industry veterans Andy Palmer, Mike Stonebraker, and Ihab Ilyas with George Beskales, Daniel Bruckner, and Alex Pagan.

Iora Health is dedicated to providing possible service and care for each patient without any of the barriers or excuses that plague the current system. They’ve completely redesigned Primary Care to help patients better manage their health and navigate the health care system. Every patient gets a personal physician as well as a personal health coach who stays in close contact during and between office visits, both of whom are available by email, text, or video in addition to in-person visits. In addition, they provide educational offerings, including group visits, to help patients stay on track with their health goals.

Vineti is a commercial cloud-based platform that expands patient access to life-saving cells and gene therapies. The software solution offers an independent, purpose-built enterprise solution that is essential for enabling the growth and wide distribution of transformative personalized therapeutics, such as CAR-T cell therapies, for the treatment of late-stage cancer. The Vineti Personalized Therapy Management (PTM) ® platform automates patient-centric supply chains for a wide range of advanced therapies, in all phases of clinical development and commercial operations. Veneti aims to solve the key challenges patients, medical providers, pharmaceutical companies, and regulators face in the delivery and commercialization of personalized medicine. Amy DuRoss, Heidi M. Hagen, Malek Faham, Razmik Abnous, and Stephen Ting co-founded Vineti in San Francisco, California in 2016.

ZOLA Electric designs renewable energy solutions based on the latest in solar, battery and power electronics technology. Adaptable to energy need and income, ZOLA Electric’s solar systems can be bought over time using PAYGo micro-finance leasing and mobile money payments. ZOLA Electric powers more than 180,000 homes and businesses across Tanzania, Rwanda, Côte d’Ivoire and Ghana. Investors include Tesla, Vulcan Capital, DBL Partners, Helios Investment Partners, EDF, Total and GE Ventures. ZOLA Electric is a recipient of the UN Momentum for Change Award, the Zayed Future Energy Prize and is a member of the Global Cleantech 100.

Element, a leading software provider in IT/OT data management, enables industrial organizations to unite their IT and operations data to produce analytical insights that drive cleaner, safer, healthier, and more profitable operations.  Element Unify transforms siloed IT/OT data into contextualized, graph-based models to support diverse analytical workloads and data governance.  Element’s customers represent over $250 billion in revenue, $230 billion in fixed assets and 450,000 employees. To learn more about Element, please visit elementanalytics.com and follow the company on Twitter and LinkedIn.

Genome Medical is a national telegenomics technology, services, and strategy company bringing genomic medicine to everyday care. Through its nationwide network of genetic specialists and an efficient Genome Care DeliveryTM technology platform, we provide expert virtual genetic care for individuals and their families to improve health and well-being. They also help health care providers and their patients navigate the rapidly expanding field of genetics and utilize test results to understand the risk for disease, accelerate disease diagnosis, make informed treatment decisions and lower the cost of care. The company was founded in 2016 and is based in South San Francisco, California, United States.

Carbon provides printing solutions for products that outperform. The company helps businesses develop better products and bring them to market in less time. Carbon is a venture-backed company. They serve industries including automotive, consumer, industrial, life sciences, and dental.

Maana is the pioneer in knowledge-centric technology.  The Maana Knowledge Platform accelerates knowledge discovery to increase profitability. Maana’s patented Knowledge Graph— a breakthrough invention — at the core of the platform expedites extracting knowledge from data silos, to reveal the relationships within the context of an asset or process companies wish to optimize.  Global companies such as GE, Chevron, and Shell are increasing profitability with Maana by operationalizing insights into line-of-business applications for thousands of employees to make faster data-driven decisions. Investors include Chevron Technology Ventures, ConocoPhillips Technology Ventures, Frost Data Capital, GE Ventures, Intel Capital, Saudi Aramco Energy Ventures, and Shell Technology Ventures.  Maana is privately held with offices in Palo Alto, California, and Bellevue, Washington.

With wasteful healthcare spending in the U.S. estimated at $935 billion, we take our role as a healthcare innovator very seriously. Simply put, we’re on a mission to transform quality measurement and care delivery. To drive toward a Learning Health System—a framework that drives better outcomes and cost efficiencies across the health ecosystem—the industry has to commit to real change. Apervita is that change. Through our solutions and trusted collaboration platform, we’re committed to making the Learning Health System a reality, making healthcare smarter and ultimately improving patient care. As we move into our next phase of growth, we’re looking for passionate and fearless professionals to help us pursue our mission. We’ve earned the trust of our investors, including Optum Ventures, Baird Capital, Pritzker Group Venture Capital and Math Venture Partners, to further grow and scale our business. We’ve also been recognized as an industry leader by Gartner, CIOReview, Healthcare Tech Outlook, and Healthcare Informatics. Always in search of the next “first,” Apervita was named the first company to certify electronic clinical quality measures from the National Committee for Quality Assurance (NCQA) using our proprietary clinical quality language (CQL) ingestion engine. And, we were recently awarded by Healthcare Innovation for our innovative work with The Joint Commission, one of the nation’s largest regulatory organizations. We believe we’re making a difference every day to drive improvements in quality care that lead to better patient outcomes with a lower cost of care. We’re honored to be on this incredibly important journey to build a better healthcare system.

Arterys is the market leader and the world's first internet platform for medical imaging. Its objective is to transform healthcare by transforming radiology. The Arterys platform is 100% web-based, AI-powered, and FDA-cleared, unlocking simple clinical solutions.

To achieve more precise care for every patient, we need to transform real-world evidence into insights that can directly impact care. At Syapse, that is real-world care. It’s found in the way we empower healthcare organizations to work together in active, transparent partnerships, delivering complete patient insights to answer the questions that matter and then purposefully applying it at where patients receive care – driving real impact for cancer patients and beyond.

Ascendify’s Intelligent People Management™ platform reinvents how companies attract, develop and inspire their talent. Built for global organizations, Ascendify integrates machine learning and predictive analytics into recruiting and talent development with one seamless platform. Headquartered in San Francisco, Ascendify's customers include GE, Cisco, Panasonic, Disney, Deloitte, and Marriott.

Ambyint delivers an Artificial Intelligence (AI) Driven automation and analytics solution for artificial lift optimization that builds on traditional physics-based techniques. Built on 10+ years of domain expertise, Ambyint automates diagnosis, automatically adjusts operating parameters, and predicts failures, resulting in improved production and reduced LOE. Customers deploy the Ambyint Production Optimization Platform either with existing customer SCADA systems or with Ambyint’s High Resolution Adaptive Controllers, which enable higher resolution data acquisition and automated control for artificial lift systems.

New York Shipping Exchange is a platform that unites shippers, carriers, and forwarders and revolutionizes the logistics industry. New York Shipping Exchange enables the transformation of the container shipping industry through two innovations: a new standardized freight contract and a new way to trade freight digitally. The company is supporting the transformation of container shipping by solving inefficiencies associated with booking downfalls and shipment rolling. They are determined to eliminate the distrust between shippers and carriers that has been created by the lack of accountability in ocean contracts. It was founded in 2014 and is headquartered in New York, United States.

Enbala provides the advanced technology needed to ensure the operational stability of the world’s power grids by harnessing the power of distributed energy. Enbala’s real-time energy-balancing platform provides a highly flexible approach for creating controllable and dispatchable energy resources from flexible loads, energy storage and renewable energy sources.  The platform underpins Enbala’s award-winning and industry-leading DERMS and VPP technology and dynamically optimizes and dispatches distributed energy resources to respond to the real-time needs of the power system. The platform gives energy retailers and utilities the flexibility to operate in real-time and to better manage the escalating complexities of increasingly variable energy assets and evolving market opportunities.

BiSN is a producer of metal-to-metal downhole sealing solutions for the oil and gas industries. BiSN develops a revolutionary chemical reaction heater that brings the technology into the 21st century and opens the door to a range of applications previously thought impossible.

Gravia offers steel products and services tailored for construction, industry, agribusiness, and metalworking. Its products include steel plates, coils, sheets, pipes, tubes, rebars, beams, angles, wires, bars, rods, mesh, gratings, and customized steel solutions for various industries.

Desktop Metal is a leading provider of additive manufacturing technologies, materials, and applications for industrial, medical, and consumer product production. The company's innovative 3D printing systems, materials, and software enable on-demand, digital mass production that delivers the speed, cost-efficiency, and part quality required for this transformative shift in manufacturing.

Advanced Microgrid Solutions installs advanced energy storage systems in buildings to lower energy costs for consumers and provide clean. AMS's Hybrid-Electric BuildingsTM Project deploys large networks of battery systems in targeted buildings where electric utilities need grid support. The company can seamlessly shift an entire fleet of buildings from grid power to battery power providing real-time support to the electric grid. Building owners get paid for being part of the solution to today's energy challenge. Advanced Microgrid Solutions artificial intelligence-powered software maximizes the value of renewables, batteries, and entire asset portfolios so they can deploy and use more clean energy with higher ROI. It uses deep learning algorithms to enable optimized trading of complex energy assets in wholesale energy markets.  The company was founded in 2013 and is headquartered in San Francisco, California, United States.

Neuronetics is a medical technology company. They develop non-invasive therapies for psychiatric and neurological disorders using mri-strength magnetic field pulses. They specialize in providing therapy for mental health.

Mocana is a developer of cybersecurity software solutions that protect Internet of Things (IoT) devices, operational technology, mission-critical systems, and industrial infrastructure. The company's on-device cybersecurity software and lifecycle management platform enable manufacturers and industrial companies to build self-defending systems that are tamper-resistant. Its tightly integrated solutions help companies to minimize the risk of a cyber breach, comply with industry standards, and protect intellectual property by ensuring that devices and processes are trusted end-to-end, from device manufacturing to deployment. Unlike IT network security approaches, Mocana enables devices to protect themselves and prevent malware from being installed. It was established in 2002 and is headquartered in San Francisco, California.

NuVera Medical is a portfolio company of Shifamed, LLC., is a privately held company focused on the development of a novel imaging platform for use in a growing number of complex cardiovascular procedures.

Zinc is a secure enterprise communication platform built to connect deskless and mobile workers with colleagues both in and out of the office. Zinc combines a full-featured mobile messaging platform that employees love to use with the security, compliance and administrative features that businesses need.

HealthReveal is a provider of a cloud-based, clinical analytics platform designed to preempt the avoidable consequences of chronic disease.The company's advanced analytics and biomonitoring technology continually monitors and analyzes patient physiology and care by integrating multiple real-time streams of clinical, operational and biometric data to ensure adherence to evidence-based care guidelines by clinicians and patients, thus enabling detection and treatment of chronic aliments at an early stage which helps patients recover faster and save healthcare costs.

Airware is an enterprise drone analytics company enabling enterprises to harness aerial data and turn it into valuable business insights that can be shared and acted on across sites, teams, and geographies. Their solutions enable enterprises to reinvent their organizations for the digital era by translating aerial data into business impact. Drones are enabling companies to more efficiently and effectively capture data, and Airware allows enterprises to integrate this data with existing information and workflows to improve efficiency, productivity, and safety. Airware provides aerial insights drone solutions for insurance, mining, construction, and aggregates.

Rethink Robotics helps manufacturers meet the challenges of an agile economy with an integrated workforce, combining trainable, safe and cost-effective robots with skilled labor. Its Baxter robot, driven by Intera, an advanced software platform, gives world-class manufacturers and distributors in automotive, plastics, consumer goods, electronics and more, a workforce multiplier that optimizes labor. With Rethink Robotics, manufacturers increase flexibility, lower costs and can invest in skilled labor—all advantages in fueling continuous innovation and sustainable competitive advantage.  Committed to accelerating robotics innovation in manufacturing and beyond, Rethink Robotics’ Baxter Research Robot gives academic and corporate research environments a humanoid robot platform with integrated sensors and an open software development kit for creating custom applications.  Based in Boston, Massachusetts, the company is funded by Bezos Expeditions, Charles River Ventures, Highland Capital Partners, Sigma Partners, Draper Fisher Jurvetson, and Two Sigma Ventures.

Arcadia is dedicated to happier, healthier days for all. We transform diverse data into a unified fabric for health. Our platform delivers actionable insights for our customers to advance care and research, drive strategic growth, and achieve financial success.

Menlo Micro is the developer of the Ideal Switch, an electromechanical switch technology used to switch AC/DC and RF.  The Ideal Switch can handle high temperatures and high-stress conditions and help in battery management, home automation, and instrumentation that enable clients to work with advanced products and deliver efficient outcomes using high power. Menlo Micro was founded in 2016 and is headquartered in Irvine, California.

Sight Machine specializes in manufacturing analytics and used by Global 500 companies to make better, faster decisions about their operations. Sight Machine's analytics platform, purpose-built for discrete and process manufacturing, uses artificial intelligence, machine learning, and advanced analytics to help address critical challenges in quality and productivity throughout the enterprise. The platform is powered by the industry’s only Plant Digital Twin, which enables real-time visibility and actionable insights for every machine, line, and plant throughout an enterprise. It was founded in 2011 and headquartered in San Francisco, California.

Sonnen offers solutions which are much more than only storage and includes many additional benefits like active energy management, smart metering and virtual power plant integration. Different system sizes are offered, optimally customized to the requirements of residential homes, agricultural farms and commercial firms. Sonnenbatterie was introduced to the German and Austrian markets in January 2011 as one of the first proven and transportable intelligent lithium storage systems.

Clearpath provides self-driving vehicle technology and services to over 500 of the world’s most innova-tive brands. Proprietary hardware, software, and services are delivered through the company’s industrial and research divisions: Clearpath Robotics and OTTO Motors. Visit www.clearpath.ai for more information.

OTTO Motors, a division of Clearpath Robotics Inc. OTTO Motors provides autonomous mobile robots for material handling inside manufacturing facilities and warehouses. The vehicles operate with infrastructure-free navigation, offering intelligent, safe, efficient, and reliable transportation within industrial centers. Proprietary hardware, software, and services are delivered to provide customer excellence.

Cognotion is a provider of cloud-based training programs used to empower allied health professionals with the skills they need for the global marketplace. The company develops a suite of learning solutions that are optimized for the unique needs of young adults, especially focusing on the growing issue of unemployment and underemployment both in the US and abroad. Their mission is to change the face of healthcare, improve outcomes for patients, and empower the dedicated workers that serve this challenging industry. They craft Optimal Learning Experiences emotionally and cognitively intense training and test prep applications that combine interactive video narratives with gamified learning modules, augmented by live simulation and social media reinforcement. It’s a formula that delivers immediate, lasting results. Cognotion operates on the premise that there is a narrative inherent in any teachable subject. They locate this narrative and craft it into an immersive storyline. The learner progresses through the story by drawing upon existing resources and synthesizing new knowledge. Emotional proximity is characterized as the “empathy and identification the learner feels for the characters in a program” and is established by developing characters with strengths and weaknesses, who change and grow as the program moves forward.  Learners recognize their own desires and concerns in the prototypical heroes, people with traits similar to their own, and people who learn to draw upon their own reserves of strengths (assets) for the greater good. This approach, grounded in research, is a good foundation for a sound program; but there are other tools they add to their pedagogical design to maximize the likelihood of impact.

Chrono Therapeutics (CHRONO) is a pharmaceutical company founded in 2004 with a vision of transforming disease and addiction management to become the market leader in programmable passive transdermal drug delivery (TDD) that offers real-time behavioral support. Chrono’s executive leadership combines years of professional experience and personal passions for developing life-saving medical products. Steeped with years of experience in product development, science, R&D an understanding of the consumer smoking cessation market, FDA approval experience and bringing life-saving products to market, the team represents a wide-array of knowledge that combined can help address the serious epidemic of smoking.

Octiv helps innovative sales and marketing teams improve how sales assets are created, distributed, and tracked. Its sales productivity platform leverages data from back-office systems to create automated workflows and deliver valuable buyer behavior insights.

Teem is a cloud-based software and analytics platform for meeting management and analysis that helps companies maximize their workspace and enable their employees to work more efficiently. The platform provides employee-focused meeting tools and activity-driven insights, including eye-catching conference room displays, streamlined visitor management and detailed space use analytics that drive better decisions on space and facilities utilization for thousands of the most progressive companies in the world such as Airbnb, Twitter, Pinterest, Rakutan, Solar City, Palintir, Buzzfeed, and Disney. To date, the Salt Lake City-based startup has raised $8 million in capital from Google Ventures, Greycroft Partners, Zetta Venture Partners, Origin Ventures, Kickstart Seed Fund, Peak Ventures, Marc Benioff, Dave Elkington and Josh James, among others. The EventBoard display software is available on Apple iPad™ 2 or newer and easily integrates with many existing calendar systems, including Google Apps, Microsoft Exchange, and Office 365. For more information on Teem, visit teem.com.

Ornim Medical is an Israeli bio-medical high-technology company specializing in clinical research, development, and distribution of the highest quality medical devices for non-invasive patient monitoring specializing in the field of tissue and cerebral blood flow.  Its two products, the CerOx™ and the c-FLOW™, are bedside patient monitors based on the patented UTLight™ technology designed to provide physicians with unique monitoring solutions that are  imperative to individualized and personalized patient care.  Both products enable precise, real time, continuous and non-invasive measurements of cerebral blood flow alerting physicians to variations in blood flow to the brain, thus enabling informed intervention for better clinical results and patient care.  Ornim’s CerOx™ monitor is the only device in the market today enabling simultaneous, non-invasive measurement of both blood flow and oxygen saturation; while the c-FLOW™ is a pared down version used to measure the CBF only.   The use of either of these products (depending on the clinical setting) is key to understand perfusion while helping to direct treatment and lower the cost of patient care. Ornim’s unique technology, protected by 13 worldwide granted and 15 worldwide pending patents, overcome limitations of Near Infrared Spectroscopy (NIRS) and ultrasound Doppler. The patented UTLight™ technology employs the combination of light and ultrasound to provide a non-invasive measure of regional blood oxygen saturation and blood flow.   UTLight™ technology is unique among all other commercially available NIRS technologies, since it also analyzes the light speckle signal and does not rely solely on the intensity of light reaching the detector. Ornim Medical has developed a product range that was born out of a need – a need to measure blood flow directly.    In other words, the products have the capabilities of direct measurement of flow (not surrogate like tissue oximetry); they are intuitive and comprehensive; actionable; the management of blood pressure (BP) according to CBF is intuitive; the measurement is robust and finally they are when adding the BP signal, the Autoregulation function of the organ can be assessed directly.

Caremerge provides a set of web and mobile communication and care-coordination solutions for senior living communities. It connects families, residents, and health care providers on its revolutionary, easy-to-use HIPAA compliant cloud-based platform. Its platform delivers actionable insights that improve the quality of life and quality of time spent, providing senior citizens with simple and user-friendly solutions that eliminate communication silos and inspire collaboration. Caremerge was founded in 2012 and is headquartered in Chicago, Illinois.

Bit Stew Systems is the creator of the platform for Software Defined Operations for the Industrial Internet. It provides a robust, scalable software platform that provides real-time analytics, dynamic event management, and a fast and easy way to integrate into both IT and operational systems and applications. It was founded in 2005 and is headquartered in Burnaby, British Columbia.

Jiff is a venture-backed, Mountain View-based technology company that is reinventing healthcare, one employee at a time. It builds customized mobile and web experiences that connect company benefits and incentives design to healthy employee behaviors using the wearables and apps that they all know and love. The company was founded in 2010 and is headquartered in Mountain View, California.

SilverVue is using technological advances to transform the delivery of healthcare.  Led by experienced technology entrepreneurs with a proven track-record of success, SilverVue is at the forefront of leveraging patient engagement and virtual care technologies to reduce healthcare costs while improving patient outcomes and increasing satisfaction.

Workrise is a technology company that develops a platform to support the energy workforce. They specialize in vendors needed for skilled men and women who execute in the field and make it easier, faster, and safer to do business in the energy industry, enabling businesses to connect with the workers they need and meet their needs.

Human Longevity (HLI) is the genomic-based, health intelligence company empowering proactive healthcare and enabling a life better lived. HLI combines the largest database of genomic and phenotypic data with machine learning to drive discoveries and revolutionize the practice of medicine. Its business areas include the HLI Health Nucleus, a genomic powered clinical research center that uses whole-genome sequence analysis, advanced clinical imaging, and innovative machine learning, along with curated personal health information to deliver the most complete picture of individual health; HLIQ Whole Genome and HLIQ Oncology.  It was founded in 2013 and is headquartered in San Diego, California.

Bright Healthcare is a healthcare company that provides personalized care to aging and underserved populations. They offer individual and family health insurance plans. They can drive a superior consumer experience, reduce systemic waste, lower costs, and optimize clinical outcomes.

Jiseki is built on the belief that families and communities need and deserve a safety net, and to have peace of mind when things go wrong. We provide access and delivery of key advice, help, products and services through highly scalable SMS technology, powered by a combination of professionals and AI, and sold as a portable life benefit package. Text #help to 543210, to discover Jiseki services.

GE Ventures combines capital, technical, and commercial services. They invest in the healthcare and life sciences, energy and mobility, manufacturing and supply chain, enterprise productivity applications, digital infrastructure, and frontier technologies sectors.

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