Pallas Ventures is a private investment fund that provides capital to technology companies whose products will benefit the national security sector.

Pallas Ventures

Founded in 2014, Red Cedar Ventures (RCV) is a wholly-owned subsidiary of the MSU Research Foundation and the first venture fund in mid-Michigan. RCV makes early-stage investments in high-tech startups commercializing intellectual property created at Michigan State University. Red Cedar Ventures supports for funds: Pre-Seed Fund, Opportunity Fund, Opportunity II Fund, and Michigan Rise Pre-Seed Fund III.

Red Cedar Ventures

Michigan Rise Pre-Seed Fund III invests in Michigan tech startups to help commercialize innovative technologies.  We are proud to partner with Michigan’s best and brightest tech entrepreneurs and further economic development in the Mitten State.  The Pre-Seed Fund III is administered by the Michigan State University Research Foundation through Michigan Rise which is a wholly-owned subsidiary of the Foundation.  Michigan Rise supports entrepreneurs and technology startups across Michigan through capital support, coaching, assistance with grant funding and more. The Michigan State University Research Foundation was formed in 1973 and is a 501(c)(3) non-profit organization that is charged with helping Michigan State University achieve its land grant mission related to economic development through the commercialization of new intellectual property. The Foundation oversees several entities involved in this activity including Red Cedar Ventures and Spartan Innovations.  Michigan Rise Pre-Seed Fund III is made possible with support from the Michigan Economic Development Corporation and Michigan State University Research Foundation. To apply for funding, please submit a brief application here: https://www.michiganrise.com/application

Michigan Rise

UV Angel

UV Angel is a technology-based company providing healthcare infection prevention solutions using with UV-C. The company is utilizing a patented UV Angel technology platform to provide automated, UV-C disinfection for frequently touched, hard-to-disinfect surfaces like smartphones, keyboards, touchscreens, and equipment in healthcare facilities, foodservice outlets, retail stores, offices, and other environments where employee and customer well-being is a priority. UV Angel uses years of advanced research and development in ultraviolet light to help make the environments around us cleaner and safer by reducing harmful pathogens. It allows users to track data and demonstrate their commitment to eliminating today’s most harmful pathogens. UV Angel was founded in 2010 and is headquartered in Grand Haven, MI, USA.

UV Angel is a pathogen control technology company based in Grand Haven, Michigan. It develops innovative products that harness the power of ultraviolet germicidal irradiation (UVGI) to actively monitor and disinfect targeted surfaces and the air we breathe. The company's flagship product, the UV Angel Clean Air system, is designed to continuously clean the air and safely operate when people are present, without the use of chemicals or harmful by-products.

UV Angel Clean Air™ Purification Systems Enable Higher Quality of Life for Senior Residents at New Bedford Housing Authority Facility

We develop effective infection control technology that is backed by science. That's the UV Angel Difference.

Advanced Infection Control Technology — Built to Serve Healthcare Facilities.

UV Angel installs pathogen control technology at Michigan State University

UV Angel Disinfection System Shows Pathogen Reduction on Hospital Computer Keyboards

Red Cedar Ventures Invests in Pathogen Prevention Company, UV Angel — Michigan State University Research Foundation

In New Advanced Testing, UV Angel Clean Air™ Purification Systems Proven to Reduce 99.9 Percent of Aerosolized Variants of SARS CoV2, the Virus That Causes COVID-19

Sterilize with ease: The future of hygiene technology

Hygiene Tech

UV Angel is a pathogen control technology company that develops products using ultraviolet germicidal irradiation (UVGI) to monitor and disinfect surfaces and air. The company's primary offering, the UV Angel Clean Air system, is integrated into ceiling spaces and operates continuously to clean indoor air. The system functions independently from building HVAC systems by drawing room air into a sealed UVGI infection control chamber where it eliminates up to 99.99% of viruses, bacteria, and fungi before releasing the treated air back into the space. In October 2022, third-party laboratory testing confirmed that the Clean Air units effectively destroyed 99.9% of aerosolized SARS-CoV-2, the virus responsible for Covid-19. The technology has demonstrated effectiveness against various pathogens, including MRSA, C. diff spores, and drug-resistant bacteria in healthcare environments.

SPEEDA Edge

Pollution Management Tech

Michigan-based UV Angel Clean Air Purification Reduces 99.9% of COVID-19 in Air

UV Angel is a pathogen control technology company that develops products using ultraviolet germicidal irradiation (UVGI) to monitor and disinfect surfaces and air. The company's primary offering, the UV Angel Clean Air system, is integrated into ceiling spaces and operates continuously to clean indoor air. The system functions independently from building HVAC systems by drawing room air into a sealed UVGI infection control chamber where it eliminates up to 99.99% of viruses, bacteria, and fungi before releasing the treated air back into the space. In October 2022, third-party laboratory testing confirmed that the Clean Air units effectively destroyed 99.9% of aerosolized SARS-CoV-2, the virus responsible for Covid-19. The technology has demonstrated effectiveness against various pathogens, including MRSA, C. diff spores, and drug-resistant bacteria in healthcare environments.
Key customers and partnerships
UV Angel's technology has been implemented across multiple sectors including healthcare facilities, senior living communities, restaurants, retail establishments, government facilities, and educational institutions. Michigan State University has installed UV Angel systems in several high-traffic locations including the Breslin Student Events Center, Wharton Center for Performing Arts, and Olin Health Center.

UV Angel is a pathogen control technology company based in Grand Haven, Michigan. It develops innovative products that harness the power of ultraviolet germicidal irradiation (UVGI) to actively monitor and disinfect targeted surfaces and the air we breathe. The company's flagship product, the UV Angel Clean Air system, is designed to continuously clean the air and safely operate when people are present, without the use of chemicals or harmful by-products.
The UV Angel Clean Air system seamlessly integrates a patented Infection Control Platform into the room ceiling space. It operates 24x7, independently from building HVAC systems, actively pulling room air into a sealed UVGI infection control chamber. There, viruses, bacteria, and fungi are killed up to 99.99%. The treated clean air is then safely returned to the room, providing a cleaner and healthier environment. This technology has proven effective in reducing pathogens like MRSA, C. diff spores, and drug-resistant bacteria in healthcare settings.
In addition to healthcare facilities, UV Angel's products are utilized across various industries, including senior living, restaurants, retail, government, education, and more. The company has installed its systems in high-traffic areas at Michigan State University, such as the Breslin Student Events Center, Wharton Center for Performing Arts, and Olin Health Center.
In October 2022, UV Angel's Clean Air units were proven to effectively destroy 99.9% of aerosolized SARS-CoV-2, the virus that causes Covid-19, in third-party lab testing. The company prioritizes science-based research, with a team of clinicians and scientists driving product development and clinical studies.

Mojix is a leading supply chain SaaS platform that provides item-level inventory management and traceability solutions. The company's cloud-based platform modernizes inventory and asset management, facilitating omnichannel order fulfillment, increasing operational efficiency, improving inventory accuracy, and enhancing the customer experience. Mojix's solutions leverage unique digital identities assigned to individual products, enabling complete product lifecycle visibility from origin and manufacturing through distribution centers, stores, and even post-sale.
Mojix's item-level traceability capabilities track billions of unique identities, following item lifecycles from source to shelf. The company's platform collects event data whenever an item's status changes, streaming it into the Mojix platform for processing along a lifecycle data model. This allows users to access real-time status and history of any item, with superior visibility and accuracy exceeding 99%.
Founded in 2004 and headquartered in Austin, Texas, with offices across the US, Europe, and South America, Mojix serves leading clients from diverse industries, including food & beverage, luxury brands, manufacturing, industrial, aerospace & defense, and retail. In May 2022, Mojix was acquired by an affiliate of Peak Rock Capital, a leading middle-market private investment firm, providing growth capital to accelerate Mojix's product roadmap, organic growth, and strategic acquisitions.
Key customers and partnerships
Mojix and its partner Coriel, a systems integrator specializing in RFID, IoT, and Industry 4.0 solutions, were selected by Tosca, a global provider of reusable container solutions for the food industry, to implement an RFID-based traceability solution across Tosca's European sites as of January 2023. The SaaS-based solution enables real-time, item-level visibility of Tosca's reusable pallets and containers, reducing waste from asset loss, optimizing asset management through increased rotations, and improving service quality for Tosca's customers.

Mojix

Alen Corporation, founded in 2005 and based in Austin, Texas, is a leading manufacturer of high-quality air purifiers. The company's flagship product line, the BreatheSmart series, includes models like the 75i, 45i, and FLEX, designed to clean air in spaces ranging from 700 to 1,300 square feet. Alen's air purifiers utilize True HEPA H13 filters, which can capture 99.99% of airborne particles as small as 0.1 microns, including dust, allergens, pollen, pet dander, mold spores, and bacteria.
The BreatheSmart purifiers feature advanced technology such as laser sensor-based air quality detection, auto-adjusting fan speeds, and color-coded LED rings to indicate air quality levels. Alen's units are known for their quiet operation, with noise levels as low as 25 decibels.

Alen

ECOVACS is a leading global company specializing in intelligent home robotics and cleaning solutions. Its product offerings include DEEBOT robotic vacuum cleaners, WINBOT window and surface cleaners, and AIRBOT air purifiers. ECOVACS has integrated cutting-edge technologies such as LiDAR, artificial intelligence, and vision sensors into its products to enhance cleaning efficiency and automation.
The DEEBOT X2 OMNI, launched in September 2023, represents a revolutionary robotic vacuum cleaner with a square design capable of reaching corners and edges. It features a 20 cm main brush, advanced navigation through Dual-Laser LiDAR and AI, real-time video call capabilities, and an impressive 8,000 Pa suction power. The OMNI Station allows self-cleaning, hot water washing, and drying of mopping pads, ensuring a hygienic cleaning experience.
In October 2022, ECOVACS unveiled the GOAT G1 robotic lawn mower, employing Robotic Vision technology to map lawns and boundaries without complex setup. The DEEBOT PRO, a commercial floor cleaning robot designed for large spaces, leverages HIVE shared intelligence across multiple robots for efficient mapping and cleaning.
With a history spanning over 20 years and operations in more than 60 countries, ECOVACS has established a strong global presence, particularly in Asia, Europe, and North America. By the end of 2022, Chinese robot vacuums, including ECOVACS, captured nearly 50% of the overseas market share.

Ecovacs

Therabody is a global pioneer in wellness technology, offering a range of innovative products and services to promote healthy living. The company's flagship product, the Theragun, is a percussive therapy device designed to alleviate pain and improve muscle recovery. Therabody's Theragun lineup includes various models, such as the Theragun Elite, Theragun Prime, and Theragun Mini, each with different speed settings, amplitude, and attachments to target specific muscle groups.
Therabody's technology utilizes percussive therapy, delivering quick, repeated strikes to the body to trigger blood vessels to dilate, increase circulation, and release muscle knots. The devices feature ergonomic designs, allowing for multiple grip options and ease of use. The brand has expanded its offerings beyond massage guns, introducing products like RecoveryAir pneumatic compression boots, PowerDot electrical stimulation devices, and TheraFace facial health devices.
In September 2022, Therabody raised USD 165 million in a growth equity round, valuing the company at over USD 1 billion. This funding allowed Therabody to further invest in hardware, software, services, and digital content, solidifying its position as a leader in the wellness tech industry. As of February 2024, the company offers its products in more than 60 countries and has nearly 600 granted patents globally, with over 200 more patent applications pending.
Key customers and partnerships
Therabody's customer base spans various industries, including professional and collegiate sports teams, fitness enthusiasts, and individuals seeking relief from muscle tension and pain. The company has partnered with several high-profile athletes, such as Kevin Hart and Aaron Rodgers, who have invested in the brand and promoted its products.
In February 2022, Therabody announced plans to expand its physical presence with the launch of Reset, a chain of whole-body wellness centers offering a range of services, including cryotherapy, light therapy, and hyperbaric chambers. By July 2022, the company aimed to have 22 physical locations, including Reset centers and standalone retail stores, across major US cities like Los Angeles, New York, Chicago, and Houston.

Therabody

Xenex Disinfection Services is a pioneering company that provides advanced UV disinfection technology to healthcare facilities worldwide. Their flagship product, the LightStrike robot, utilizes intense bursts of broad-spectrum pulsed xenon UV light to rapidly destroy pathogens on surfaces, including multi-drug resistant organisms like MRSA, C. diff, and VRE. This technology is scientifically proven, with over 45 peer-reviewed studies validating its efficacy in reducing pathogen transmission.
The LightStrike robots are designed to complement manual cleaning processes by disinfecting areas that may be missed during routine cleaning. They are effective against a wide range of viruses, bacteria, and spores, making them a valuable addition to healthcare facilities' infection prevention strategies. The company's patented technology is protected by 193 patents and has been deployed by over 1,000 hospitals worldwide.
Xenex's innovative approach has gained recognition from leading healthcare institutions such as HonorHealth, Mayo Clinic, MD Anderson, Ochsner Health, and Texas Health Resources, which have integrated the LightStrike robots into their disinfection protocols. The company's commitment to scientific evidence and a mission to improve global health has been the driving force behind its success.

Xenex

Technological devices used to keep an individual clean, specifically their body, teeth, and clothing to prevent illness and diseases.

Technological products and devices related to balancing a female's vaginal flora to prevent infections and vaginal diseases.

Technological equipment and devices used to keep an individual's house (such as domestic items, the air, and surfaces) clean to prevent illness and diseases.

Technological equipment and solutions that can be used in an industrial or domestic setting to control biological food hazards (such as microbes and bacteria) and to ensure food safety and quality for human consumption, preventing diseases and illness.

Technological equipment and devices used to ensure clean air, sanitation, and hygiene in public places to prevent illness and diseases.

Uses IoT for sensors and data gathering in both public environments and for personal hygiene

Provide solutions for environmental hygiene—can be used in smart cities for health and safety purposes

Axine Water Technologies specializes in on-site industrial wastewater treatment, focusing on the destruction of toxic and recalcitrant organic pollutants. The company's core offering is its proprietary electrochemical oxidation technology, which is designed to treat a wide range of contaminants including per- and polyfluoroalkyl substances (PFAS), pharmaceuticals, solvents, and other persistent organic compounds. Axine's flagship product, electraCLEAR, provides a solution for the complete destruction of both long and short-chain PFAS in industrial wastewater. The technology applies electricity to advanced electrodes to oxidize and destroy pollutants without using hazardous chemicals or generating liquid or solid waste. This approach enables Axine to meet stringent treatment requirements across various industries such as pharmaceutical, chemical manufacturing, and microelectronics. In October 2019, Axine completed a long-term test program that validated its technology's ability to treat a wide range of active pharmaceutical ingredients (APIs) to very low levels, meeting industry-recommended targets for safe discharge. The company operates on a treatment-as-a-service (TAAS) business model, which allows customers to achieve their wastewater treatment and sustainability goals with minimal capital investment and technology risk.
Key customers and partnerships
Axine Water Technologies serves multinational customers in the pharmaceutical, chemical manufacturing, and microelectronics industries. The company has been working to expand its commercial market presence in North America. In June 2024, Axine was selected as a finalist in SEMI's Startups for Sustainable Semiconductors program, recognizing its work in sustainability and innovation within the semiconductor industry.

Axine Water Technologies

Soil Scout provides wireless underground soil monitoring solutions through its Hydra 100 Scout sensor system. The technology measures three critical soil parameters - moisture, salinity, and temperature - from up to two meters below the surface in real-time. The sensors feature a patented underground antenna that transfers data efficiently in any soil conditions and operate with an encapsulated lithium battery that lasts up to 20 years without maintenance. The system helps users monitor turf hydration levels, prevent decline in turf quality, and make informed decisions about resource allocation. Through a dashboard interface, users can access real-time soil data collected at various depths to optimize soil conditions, improve crop production, and reduce water consumption.Key customers and partnershipsThe company's monitoring system has been implemented at several prominent sports venues, including Wembley Stadium, Citizens Bank Park (home of the Philadelphia Phillies), and The Belfry Hotel &amp; Resort. The technology serves professionals across multiple sectors, including agriculture, golf courses, and sports turf maintenance. Agriculture customers use the system to understand field conditions and optimize soil environments for improved crop production. In golf course management, the system helps maintain turf quality while reducing operational costs and water usage.

Soil Scout

TEQOYA is a French company specializing in air purification technology. The company designs and manufactures ionizer-based air purifiers that generate negative ions to clean indoor air. TEQOYA's purifiers are designed to eliminate up to 99.9% of pollutants, including fine and ultrafine particles, allergens, bacteria, viruses, mold, and odors. The company's flagship products include the TEQOYA 200, suitable for spaces up to 30 m¬≤, and the TEQOYA 450, designed for larger areas. TEQOYA's air purifiers operate silently, consume minimal energy (as low as 1.5 watts), and require no filter replacements or maintenance. The company emphasizes eco-friendly manufacturing, with products made in France using environmentally responsible materials. TEQOYA offers a 10-year warranty on its products, reflecting their durability and longevity. In addition to residential use, TEQOYA has expanded into commercial applications, with its purifiers being used in Air France's VIP lounges at Charles de Gaulle airport since 2019.
Key customers and partnerships
TEQOYA has established partnerships and distribution networks in over 20 countries across Europe, Asia, Africa, and the Americas. In 2017, the company entered the Chinese market through a partnership with Anyou, which has been distributing TEQOYA air purifiers since then. TEQOYA has also expanded its presence in other Asian markets, including Hong Kong, South Korea, and Taiwan. In Europe, the company has partners in countries such as Belgium, Switzerland, Spain, Italy, Romania, Sweden, and the Netherlands. In March 2024, TEQOYA announced a collaboration with ALDES, a leading ventilation systems manufacturer, to integrate its electrostatic filtration technology into buildings selected by SOLIDEO for the 2024 Athletes' Village. This partnership demonstrates TEQOYA's expansion into new applications within the construction industry.

Teqoya

AquaGreen, founded in 2014, is a Danish engineering company that has developed an innovative technology for treating wet biomass, particularly sewage sludge. The company's patented HECLA technology integrates steam drying and pyrolysis to convert bio-waste into valuable resources. This process dries and pyrolyzes sewage sludge at 650¬∞C without the need for auxiliary fuel, using only the calories from the sludge itself. The technology significantly reduces greenhouse gas emissions by approximately 80% compared to conventional sewage sludge disposal methods.
AquaGreen's HECLA 1,000 plant can process 1,000 metric tons of dry matter annually, reducing greenhouse gas emissions by 1,800 tons of CO2 equivalent, producing 2,000 MWh of sustainable energy, and storing 500 tons of carbon in biochar. The resulting biochar is odorless and contains 5-6% plant-accessible phosphorus, making it valuable for soil improvement and fertilization. The process also eliminates harmful pollutants such as microplastics, medical residues, PFAS, and PAH while preserving essential nutrients like phosphorus.
The company's technology offers a cost-effective and environmentally efficient solution for handling wet bio-waste, presenting a sustainable alternative to traditional sewage sludge management methods. AquaGreen's system is self-sufficient and circular, as the gases produced during pyrolysis fuel both the steam drying and pyrolysis processes. The excess steam, condensed into hot water, can be used for district heating grids and other applications.
Key customers and partnerships
AquaGreen has successfully installed its HECLA plants in Denmark, specifically in Zealand and Funen. The company has also expanded its operations to Sweden and South Africa. In July 2023, AquaGreen secured a tender to supply installations in Malaysia and Borneo. The company was also working on an offer for 11 plants in Saudi Arabia and exploring opportunities in China and Australia.
One of AquaGreen's key customers is Odsherred Forsyning in Denmark, where the world's first integrated steam drying and pyrolysis plant was implemented. This installation has enabled Odsherred Forsyning to transform sewage sludge from 50,000 citizens from an annual expense into a sellable product.
AquaGreen has collaborated with the Technical University of Denmark (DTU) in developing and patenting its technology. The company also partnered with Odsherred Forsyning and VandCenter Syd in the development of its solution. These partnerships have been instrumental in refining and validating AquaGreen's innovative approach to biomass treatment.

AquaGreen

Molekule is a science and technology company specializing in air purifiers, founded in 2014 by Dr. Yogi Goswami and his children Dilip Goswami and Jaya Rao. The company's air purifiers utilize patented Photo Electrochemical Oxidation (PECO) technology, which aims to destroy pollutants at a molecular level rather than just trapping them like traditional HEPA filters. Molekule's flagship products include the Air Pro, designed for spaces up to 1,000 square feet, and the more compact Air Mini for rooms up to 250 square feet.
The PECO technology employs a UV-C light filter and free radicals to break down pollutants including volatile organic compounds (VOCs), bacteria, mold, viruses, and allergens. Molekule claims their technology can capture particles 1,000 times smaller than what HEPA filters trap. In testing, Molekule air purifiers have shown the ability to reduce common bacteria by over 99.99% and capture 90% of airborne particles as small as 0.3 microns in a 150 square foot room within an hour. The devices are certified by the California Air Resources Board (CARB) for low ozone emissions.
Molekule air purifiers feature a cylindrical design with a 360-degree air intake at the bottom and an outlet on top. The devices can be controlled via a smartphone app that allows users to check filter status and view air quality data. Filters typically need replacement every six months. While praised for their sleek aesthetics and innovative technology, Molekule air purifiers have faced criticism for their high price points relative to performance compared to some traditional HEPA purifiers.

Molekule

Companies that use AI/ML, satellites, and biosensors for pollutant detection and microbial activity tracking in water, air, and soil quality.

Companies that use biological methods to treat contaminated soils including applications like oil spill cleanup and heavy metal removal.

Companies that use biological methods to provide solutions and systems, such as biofilters and air purifiers, mitigate industrial emissions and enhance overall air quality. It also includes the use of advanced technologies such as AI and biotechnology to develop air purification technology.

Companies that use biological methods to provide solutions for treating contaminated water and wastewater, such as biofilters, bioreactors, and constructed wetlands. It also includes advanced technologies such as IoT, AI, and biotechnology to remove contaminants from water.

UV Angel

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