Established in 1990, the Global Environment Fund (GEF) invests in businesses around the world that provide cost-effective solutions to environmental and energy challenges.  The firm manages private equity dedicated to clean technology, emerging markets, and sustainable forestry, with approximately $1 billion in aggregate capital under management.  GEF's investors include prominent endowments, foundations, family offices, and pension funds.

Global Environment Fund Management

Ardesta, LLC founded in 1999 Overview: Ardesta, LLC is a private equity and venture capital firm specializing in investments in start up or seed, early stage, mid venture, or late venture, bridge, and mezzanine financing. The firm also seeks to invest in middle market companies. It seeks to invest in small technology products for the areas of communications, energy, environmental safety/security, and medical diagnostics and treatment. Ardesta, LLC was founded in 1999 and is headquartered at Ann Arbor, Michigan with an additional office in Hinsdale, Illinois.  Did we know the bridge financing aspect?      The Ardesta Ventures I, LP venture capital fund focuses on investments in nanotechnology, life sciences and alternative energy technology companies based in the Midwest.  Co-founding partners of the new Ardesta Ventures I, Rick Snyder, Chris Rizik and Steve Johns, have together raised over $180 million since 1997 with two previous ventures, Avalon Technologies LLC and Ardesta LLC. They have a strong network of close relationships with universities, research institutions and companies in Michigan.   Snyder, former President and COO of Gateway Computers, is a member of the University of Michiganâ€:tm:s Technology Transfer National Advisory Board and the Chairman of the Board of Ann Arbor SPARK.   Rizik serves as President and Chairman of NextEnergy, the Detroit nonprofit alternative energy incubator and maintains strong ties with Wayne State University.   The principals of Ardesta Ventures I have shown a commitment to building and growing technology companies in Michigan. To date, they have invested in 15 companies in the state and expanded employment at those companies more than ten-fold.  Including this investment, a total of up to $62.5 million of investments in venture capital, mezzanine, and private equity funds have been approved through the 21st Century Investment Fund since January.

Ardesta

Sensaphone

Sensaphone provides enterprise-class wireless sensor networks solutions for mission critical applications. It offers SensiNet platform, a general purpose wireless sensor network for a range of applications in industrial and commercial environments; wireless smart sensors that provide customers with the real-time process, equipment status, and environmental information for analysis and decision making; and Services Gateway, a self-contained network management and access appliance that provides data access and external communications for SensiNet. The company also provides Mesh Router, an intelligent repeater that optimizes and extends the operating range of a SensiNet wireless sensor; SensiNet software that connects to external systems, such as custom and software, legacy applications, or web-based applications through a set of web-standard interfaces; and SensiNet technology, a mesh networking protocol that automatically manages the Sensicast mesh network, as well as provides mesh network performance in collecting, routing, and delivering sensor data. In addition, it offers general purpose temperature monitoring kits and power monitoring kits. The company provides various temperature and humidity monitoring, as well as data center temperature, power, and ventilation monitoring solutions. Sensicast Systems, Inc. was formerly known as Distribute Wireless Network, Inc. The company was founded in 2002 and is based in Needham, Massachusetts.

Sensaphone is a family-owned American electronics manufacturer specializing in remote monitoring systems. The company designs, builds, supports, and sells a comprehensive line of products that safeguard valuable assets by monitoring critical environmental data, including temperature, humidity, power failures, and equipment status. Sensaphone's product range includes various monitoring devices such as the Sensaphone 400, 800, and Sentinel systems, which can be customized with different sensors to suit specific applications.

Five Reasons to Buy Sensaphone Made-in-the-USA Remote Monitoring Systems

Wireless Remote Monitoring: RTD Temperature Sensors Track Extreme Temps

New Greenhouse Sensors Open Up New Monitoring Possibilities

Sensaphone: Sensor

Remote Monitoring Systems & Auto Dialers

Sensaphone 800 – Aquaponics Monitoring Package w/Sensors

Sensaphone 400 – Aquaponics Monitoring Package w/Sensors

Making cold chains faster, smarter, and cooler.

Cold Chain Innovation

Carbon Emission Monitoring Service Market Growth Factors | Sensaphone, Carbon Neutral, Gasmet

Sensaphone is a family-owned American electronics manufacturer specializing in remote monitoring systems. The company designs, builds, supports, and sells a comprehensive line of products that safeguard valuable assets by monitoring critical environmental data, including temperature, humidity, power failures, and equipment status. Sensaphone's product range includes various monitoring devices such as the Sensaphone 400, 800, and Sentinel systems, which can be customized with different sensors to suit specific applications.
The company's remote monitoring systems are designed to provide 24/7 protection, instantly notifying users of changes in critical conditions via phone calls, emails, or text messages. These systems can be applied in various industries, including healthcare, agriculture, and facility management. For instance, Sensaphone offers solutions for monitoring unattended pump stations, wells, tank farms, and greenhouses. In medical settings, their systems help protect cold inventory such as tissue samples and vaccines from temperature fluctuations.
Sensaphone manufactures its products domestically in Aston, Pennsylvania, including building its own printed circuit boards (PCBs). This approach allows for better quality control and enables the company to meet promised delivery times more effectively. The company adheres to RoHS directives, promoting sustainability by removing hazardous chemicals from electronic assembly. As of March 2023, Sensaphone employed over 40 individuals across various departments, including engineering, production, sales, marketing, and customer support.

Transparent Path is a logistics technology company that provides real-time, end-to-end shipment visibility solutions to reduce costs, risks, and environmental impact in supply chains. The company's platform utilizes advanced technologies including 5G, IoT, AI, and cloud computing to monitor shipments continuously. Transparent Path's system tracks various parameters such as location, temperature, humidity, tilt, shock, acceleration, light exposure, and door openings. This comprehensive monitoring helps ensure product quality and freshness, particularly for perishable goods in industries like food and beverage, pharmaceuticals, biomedical products, sensitive chemicals, and high-value assets.
The company's platform is designed to facilitate collaboration and seamless handoffs throughout the supply chain, tracking changes in custody without requiring additional infrastructure. Transparent Path offers a unique, patent-pending freshness prediction metric called FreshScore, which uses proprietary machine-learning algorithms. The system aims to prevent lost loads, provide evidence for meeting service-level agreements, and help businesses reclaim costs lost to supply chain inefficiencies. Transparent Path's flexible pricing model allows customers to use and reuse trackers as needed, paying only for the trackers they require on a monthly basis.
Key customers and partnerships
Transparent Path has worked with Feeding America, a nationwide network of food banks. Rod Wieber noted that the company's technology has been added to loads shipped across the nation to food banks in the Feeding America network over the past year. The ability to track load location and monitor temperature has provided assurance that food arrives in optimal condition for quick distribution to those in need. Wieber stated that Transparent Path's sensors have exceeded expectations in terms of performance and reliability.

Transparent Path

Modality Solutions, founded in 2011, is a leading biopharmaceutical cold chain engineering firm specializing in the validation, optimization, and regulatory approval of temperature-sensitive therapies. The company focuses on integrating cold chain operations, developing transport validation strategies, and supporting global regulatory applications for biopharmaceutical products. Modality Solutions' core offering is its unique Advantage Transport Simulation Laboratory in Bloomington, Indiana, which operates under an ISO 9001:2015 certified quality system. This lab is the only one of its kind that concurrently tests across five hazards that can impact drugs during transport: temperature, vibration, shock, pressure, and humidity.
The company's services include engineering consulting, systems integration, and simulation laboratory testing from drug discovery through distribution. Modality Solutions employs a team of chemical, biomedical, and mechanical engineers with expertise in cold chain management, package engineering, and regulatory compliance. Their approach combines best practices in process validation, systems qualification, and risk assessment to ensure product quality and patient safety. In 2021, Modality Solutions reported a 64% growth rate and was ranked No. 179 on the Inc. 5000 Regionals: Texas list. The company has also been recognized on Inc. Magazine's national list of fastest-growing private companies for three consecutive years, with a reported revenue growth of 120% between 2015 and 2018.
Key customers and partnerships
Modality Solutions serves a diverse range of clients in the biopharmaceutical industry, including emerging biopharmaceuticals, pharmaceutical manufacturers, cell and gene therapy developers, and companies working on drug-device combination products. Some of their notable clients include Teva, Immunomedics, Atara Bio, CSL Plasma, Abbott Vascular, and Regeneron. The company also works with public health organizations, assisting in the deployment of vaccines and therapeutics. Additionally, Modality Solutions collaborates with regulatory consultants and biopharmaceutical investors to provide cold chain validation services and strengthen due diligence processes for portfolio businesses.

Modality Solutions

Moffett Automation specializes in automated pallet storage solutions, with their flagship product being the Moffett Taxi System. The company's technology focuses on maximizing storage capacity in warehouses, allowing businesses to store more pallets per square meter than other automated storage solutions available globally. Moffett Automation's system is designed to utilize warehouse space efficiently, from floor to roof, enabling companies to scale their storage capabilities. The company combines innovative technology with seven decades of experience in the field to develop their solutions. Their automated storage system aims to streamline various aspects of warehousing operations, potentially leading to increased profits and operational efficiency for their clients.

Moffett Automated Solutions

NewCold is a global leader in advanced food logistics, specializing in automated cold storage and distribution solutions. The company operates state-of-the-art automated warehouses across Europe, Australia, and North America, with a total capacity of over 1.3 million pallet positions as of 2024. NewCold's facilities utilize proprietary software and technology to ensure food safety and quality while being approximately 50% more energy-efficient than traditional cold stores. The company's automated systems enable high-volume storage and retrieval, with some facilities capable of handling over 11,000 pallet movements per day.
NewCold's warehouses feature vertical layouts optimized for pallet storage, with some facilities standing over 14 stories tall. The company's technology includes automated pallet handling systems, unmanned stacker cranes, conveyors, and automated truck unloading systems. NewCold's proprietary warehouse management software and control systems are developed in-house, allowing for seamless integration with customers' ERP systems. The company also offers transportation services, utilizing a fleet of over 200 trucks and 500 trailers as part of its end-to-end supply chain solutions.
In recent years, NewCold has significantly expanded its presence in North America. In October 2023, the company opened a USD 300 million facility in Lebanon, Indiana, which is set to be one of the largest and most advanced cold storage facilities in the world. NewCold also operates facilities in Tacoma, Washington, and Burley, Idaho. The company has announced plans to add 25 more facilities in North America by 2030 to meet growing demand.

NewCold

CryoLogistics offers SnowSHIP technology for shipping perishable goods with precise temperature control from source to destination. The company's solution incorporates embedded IoT connectivity to ensure the safety, security, and traceability of goods throughout the supply chain. SnowSHIP utilizes one of nature's most abundant natural refrigerants, which helps lower a company's carbon footprint and positions users as climate-friendly service providers. This technology aims to provide an innovative approach to temperature-controlled logistics, addressing the needs of businesses dealing with perishable items.

CryoLogistics

Companies providing cold chain storage solutions, such as refrigerated facilities and warehouses for the secure storage of temperature-sensitive goods

Companies offering technologies to track and maintain precise temperature conditions throughout the entire supply chain, such as IoT sensors and temperature monitoring devices

Companies that design and produce packaging solutions to safeguard the integrity of temperature-sensitive products during transport

Companies that facilitate the safe and controlled movement of temperature-sensitive goods from one location to another, employing specialized equipment and logistics

Companies that provide technology-driven solutions to optimize and manage parts or all of the cold chain process

Virtual cold chain models are developed to assess the efficiency and efficacy of cold chain alternatives.

Temperature monitoring solutions include IoT sensors for monitoring products during transportation and storage.

Cold chain innovations provide real-time monitoring into the condition of products during transit.

AI/ML aid cold chain optimization by utilizing modeling capabilities in selecting the best cold chain alternatives.

Blockchain-based cold chain solutions enables supply chain transparency,  food safety, and cold chain compliance.

Certain packaging solutions contribute towards a circular economy by creating insulated packaging using repurposed materials.

Cold chain innovations improve the performance of cold chains and thus reduce waste, thus contributing to sustainability.

Sensaphone

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