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Empowering the Future: Volatus Infrastructure & Energy Solutions’ Pioneering Research and Development

Volatus Infrastructure & Energy Solutions has announced the launch of their Series A investment campaign. Their intention is to make waves and revolutionize the electric mobility ecosystem.

Volatus is one of the world’s leading firms in vehicle-agnostic eVTOL (electric Vertical Takeoff and Landing) aviation landing infrastructure. They’re the architects of vertiports, the vital hubs for the electric aviation revolution. Imagine a network of these vertiports enabling air mobility, reducing traffic congestion, and revolutionizing urban transportation.

The funding round offers investors an exclusive opportunity to become an essential part of VI&E Solutions’ story and the electric vertical take-off and landing (eVTOL) industry.

Their commitment to vehicle-agnostic infrastructure ensures that various eVTOL aircraft can seamlessly integrate, promoting inclusivity and expanding the horizons of electric aviation. Research and development in this space are crucial for fostering innovation and accelerating the adoption of electric air mobility.

They’re also a universal, multi-modal electric charging and off-grid energy generation provider. Their research and development endeavors span across the entire electric mobility ecosystem. From designing efficient charging stations for electric vehicles to pioneering off-grid energy solutions, Volatus is driving change.

As they launch their investment campaign, it’s a testament to their dedication to research and development. These investments will fuel their mission to transform transportation and energy, ultimately shaping a more sustainable and interconnected world.

Are you developing new technology for an existing application? Did you know your development work could be eligible for the R&D Tax Credit and you can receive up to 14% back on your expenses? Even if your development isn’t successful your work may still qualify for R&D credits (i.e. you don’t need to have a patent to qualify). To find out more, please contact a Swanson Reed R&D Specialist today or check out our free online eligibility test.

Who We Are:

Swanson Reed is one of the U.S.’ largest Specialist R&D tax advisory firms. We manage all facets of the R&D tax credit program, from claim preparation and audit compliance to claim disputes.

Swanson Reed regularly hosts free webinars and provides free IRS CE and CPE credits for CPAs. For more information please visit us at www.swansonreed.com/webinars or contact your usual Swanson Reed representative.

Unlocking Buyer Confidence: UserEvidence’s Breakthrough Research and Development

UserEvidence, Inc., a company on a mission to transform the game for Go-to-Market (GTM) teams, has announced a successful Series A funding round leading to $9 million in investment. The funding round was led by Crosslink Capital with participation from Founder Collective, Afore and Next Frontier Capital.

UserEvidence’s customer voice platform is at the heart of their innovation. This cutting-edge technology automates the generation of social proof elements that every GTM team craves: verified case studies, glowing testimonials, and compelling statistics. What used to take days or even weeks can now be accomplished in mere minutes. This development effort is winning the trust of top-tier companies like Pendo, Workato, Gong, Jasper.ai, and Ramp. Here’s how.

Imagine the power of having a stream of real, verified success stories and testimonials at your fingertips. This wealth of social proof not only boosts buyer confidence but also shortens sales cycles and, ultimately, increases win rates. It’s a game-changer in the world of B2B sales and marketing.

UserEvidence’s $9M Series A funding announcement is a testament to the company’s dedication to enhancing GTM teams’ effectiveness. This investment will undoubtedly fuel further research and development, leading to even more innovative solutions that empower businesses to build buyer confidence.

In a world where trust is a rare and valuable commodity, UserEvidence is paving the way for B2B companies to thrive. With their research-driven approach to automating social proof, they are changing the game and helping GTM teams succeed.

As UserEvidence continues to evolve and expand its offerings, one thing is clear: the future of buyer confidence is brighter than ever, thanks to their commitment to research and development. Stay tuned for more game-changing innovations from this trailblazing company.

Are you developing new technology for an existing application? Did you know your development work could be eligible for the R&D Tax Credit and you can receive up to 14% back on your expenses? Even if your development isn’t successful your work may still qualify for R&D credits (i.e. you don’t need to have a patent to qualify). To find out more, please contact a Swanson Reed R&D Specialist today or check out our free online eligibility test.

Who We Are:

Swanson Reed is one of the U.S.’ largest Specialist R&D tax advisory firms. We manage all facets of the R&D tax credit program, from claim preparation and audit compliance to claim disputes.

Swanson Reed regularly hosts free webinars and provides free IRS CE and CPE credits for CPAs. For more information please visit us at www.swansonreed.com/webinars or contact your usual Swanson Reed representative.

Revolutionizing the EV Industry: Fermi Energy’s Coal-Based Solution

ECED Breaks Ground for Coal-Based Innovation

In a world that is increasingly shifting towards sustainable energy solutions, the electric vehicle (EV) industry stands at the forefront of innovation. One company that is making significant strides in this arena is Fermi Energy, Inc.. This trailblazing firm is revolutionizing the U.S. battery manufacturing industry with its advanced cathode technologies, all while maintaining a commitment to economic and environmental sustainability.

Fermi Energy is not just another player in the battery game; it is a pioneer in the field. The company’s mission is clear: to power electric vehicles with locally sourced materials, including one surprising ingredient—coal. Yes, you read that right—coal, a material often associated with pollution and environmental concerns, is being repurposed for a cleaner, greener future.

Fermi Energy has received significant grant funding this year, including a $2.9 million grant from the U.S. Department of Energy and a $3.4 million award in collaboration with General Motors and other companies. These grants will support the development of batteries with coal-derived anodes, which can address environmental issues associated with coal waste and significantly reduce anode costs compared to traditional graphite anodes.

By tapping into innovative materials selection and groundbreaking processing technologies, Fermi Energy has managed to reduce cathode costs by an impressive 50%. This significant cost reduction is a game-changer in the EV industry, making electric vehicles more affordable and accessible for the masses. It’s not just a win for consumers; it’s a win for the planet.

Are you developing new technology for an existing application? Did you know your development work could be eligible for the R&D Tax Credit and you can receive up to 14% back on your expenses? Even if your development isn’t successful your work may still qualify for R&D credits (i.e. you don’t need to have a patent to qualify). To find out more, please contact a Swanson Reed R&D Specialist today or check out our free online eligibility test.

Who We Are:

Swanson Reed is one of the U.S.’ largest Specialist R&D tax advisory firms. We manage all facets of the R&D tax credit program, from claim preparation and audit compliance to claim disputes.

Swanson Reed regularly hosts free webinars and provides free IRS CE and CPE credits for CPAs. For more information please visit us at www.swansonreed.com/webinars or contact your usual Swanson Reed representative.

PassiveLogic: Pioneering the Future of Generative Autonomy

Wyoming Patent of the Month - December 2021

PassiveLogic, Inc., the Salt Lake City-based creator of the first platform for generative autonomy, has announced their inaugural keynote event. The event will stream at 11:00 am MT on Thursday, November 2, 2023.

The company is focused on redefining the landscape of generative autonomy. With their groundbreaking platform, they are at the forefront of a revolution that promises to reduce carbon footprints and drive the creation of smarter, more eco-conscious cities.

The keynote event, titled PassiveLogic 2023 Launch Event: A Radical Breakthrough in Generative Autonomy” marks a milestone in the company’s work to deliver full autonomy to the world. Generative autonomy is an essential development in artificial intelligence (AI), advancing the technology from monolithically trained, single-purpose applications to flexible, dynamic general purpose systems. This technology is the basis for enabling full autonomy for any controlled system. Built on Quantum,the first physics-based digital twin standard and ontology for autonomous systems, PassiveLogic’s generative autonomy empowers anyone to design and implement their own autonomous system.

The event will feature presentations from Founder and CEO Troy Harvey, CTO Jeremy Fillingim, and some of the world’s leading experts in AI, digital twins, compilers, autonomous systems, generative design, user experience, and hardware who will provide a detailed look into PassiveLogic’s technology.

One of PassiveLogic’s key innovations is its ability to make autonomous control decisions at the edge of a building’s systems. This real-time adaptability ensures that energy is used efficiently and that occupants enjoy optimal comfort. It’s a game-changer in an industry that has long been characterized by rigid, centralized control systems.

Are you developing new technology for an existing application? Did you know your development work could be eligible for the R&D Tax Credit and you can receive up to 14% back on your expenses? Even if your development isn’t successful your work may still qualify for R&D credits (i.e. you don’t need to have a patent to qualify). To find out more, please contact a Swanson Reed R&D Specialist today or check out our free online eligibility test.

Who We Are:

Swanson Reed is one of the U.S.’ largest Specialist R&D tax advisory firms. We manage all facets of the R&D tax credit program, from claim preparation and audit compliance to claim disputes.

Swanson Reed regularly hosts free webinars and provides free IRS CE and CPE credits for CPAs. For more information please visit us at www.swansonreed.com/webinars or contact your usual Swanson Reed representative.

Carbon Rivers: Pioneering Sustainable Solutions with Graphene

In a world where sustainability takes center stage, innovative companies like Carbon Rivers, Inc. are leading the charge. This certified small business, headquartered in Knoxville, TN, has been making waves in the field of materials science and recycling. Their latest endeavor involves exploring the potential of graphene as a fish-saving alternative to a toxic compound found in tires.

One of Carbon Rivers’ most remarkable traits is its commitment to forging strong partnerships with key players in East Tennessee, such as the University of Tennessee and Oak Ridge National Laboratory. These collaborations have allowed the company to harness cutting-edge research and development to drive their mission of creating sustainable solutions for various industries.

The focus of Carbon Rivers’ recent research revolves around graphene, a remarkable material with a range of unique properties. As concerns grow over the environmental impact of chemicals leaching from tires into aquatic ecosystems, Carbon Rivers is exploring whether graphene can offer a safer and more sustainable alternative.

Tires have long been a source of pollution, with toxic compounds harming aquatic life. Carbon Rivers aims to change that narrative by developing innovative solutions that not only mitigate harm but also contribute positively to the environment.

By harnessing the power of graphene, Carbon Rivers is on a quest to create eco-friendly alternatives that can be adopted by both the public and private sectors. Their commitment to recycling and composite manufacturing extends to industries such as automotive, energy, safety, and security.

As they continue to explore the potential of graphene and other groundbreaking materials, Carbon Rivers is poised to make a significant impact on the way industries approach sustainability. They are indeed a company to watch, as their research and development efforts promise a brighter and more environmentally conscious future.

Are you developing new technology for an existing application? Did you know your development work could be eligible for the R&D Tax Credit and you can receive up to 14% back on your expenses? Even if your development isn’t successful your work may still qualify for R&D credits (i.e. you don’t need to have a patent to qualify). To find out more, please contact a Swanson Reed R&D Specialist today or check out our free online eligibility test.

Who We Are:

Swanson Reed is one of the U.S.’ largest Specialist R&D tax advisory firms. We manage all facets of the R&D tax credit program, from claim preparation and audit compliance to claim disputes.

Swanson Reed regularly hosts free webinars and provides free IRS CE and CPE credits for CPAs. For more information please visit us at www.swansonreed.com/webinars or contact your usual Swanson Reed representative.

MycoWorks: Pioneering Sustainable Materials with the Power of Mycelium

Biotechnology-startup, MycoWorks, Inc., has initiated production at their first industrial-scale plant in Union, South Carolina. Their research and development efforts are focused on harnessing the power of mycelium, the root structure of mushrooms, to revolutionize the materials industry.

Their new plant represents more than just a facility; it’s a testament to the potential of mycelium-based materials in shaping a more environmentally friendly world. The company is now working to scale up processes to meet luxury industry demand by growing millions of square meters of its leather-alternative material produced with the company’s proprietary technology, Fine Mycelium.

At the heart of MycoWorks’ innovation lies their patented technology, Fine Mycelium™. This cutting-edge process unlocks a new class of materials that seamlessly blend the wonders of nature with the demands of modern industry. These materials are not only sustainable but are also engineered for high performance, offering a glimpse into a resilient and eco-conscious future.

What sets MycoWorks apart is their unwavering commitment to future generations. Every step they take today is driven by the desire to leave a lasting positive impact. Their multidisciplinary team, comprising scientists, engineers, product experts, and artists, works tirelessly to push the boundaries of what’s possible in mycology and materials science.

MycoWorks’ dedication to innovation extends to their manufacturing processes. They are redefining industry standards by creating materials that are not just environmentally friendly but also excel in terms of quality and functionality. Their visionary approach is steering the materials industry towards a more sustainable path.

The use of mycelium-based materials has the potential to transform various sectors, from fashion and construction to packaging and beyond. As industries seek alternatives to traditional, often harmful materials, MycoWorks is providing a powerful solution.

Are you developing new technology for an existing application? Did you know your development work could be eligible for the R&D Tax Credit and you can receive up to 14% back on your expenses? Even if your development isn’t successful your work may still qualify for R&D credits (i.e. you don’t need to have a patent to qualify). To find out more, please contact a Swanson Reed R&D Specialist today or check out our free online eligibility test.

Who We Are:

Swanson Reed is one of the U.S.’ largest Specialist R&D tax advisory firms. We manage all facets of the R&D tax credit program, from claim preparation and audit compliance to claim disputes.

Swanson Reed regularly hosts free webinars and provides free IRS CE and CPE credits for CPAs. For more information please visit us at www.swansonreed.com/webinars or contact your usual Swanson Reed representative.

Lux Ice USA: Crafting the Future of Ice with Innovation and $4M in Funding

Colorado Patent of the Month - August 2021

When it comes to enjoying your favorite beverage, the last thing you want is for the ice to water down the flavors or leave an unpleasant taste. Lux Ice, LLC is working to elevate your beverage experience with cool, “craft ice”. This effort is being supported by big moves, including a headquarter relocation and a new CEO.

The company was founded in Bucks County, Pennsylvania. Following a Series A funding round which resulted in a $4 million infusion, the company relocated to Dallas-Fort Worth to a new 50,000-square-foot HQ and manufacturing facility.

After relocation, the company has announced the appointment of Michael Crouse as their new CEO. Crouse is a food and beverage industry veteran, bringing more than 3 decades of commercial and general management experience in both the retail and foodservice sectors. His previous roles included President of U.S. Foodservice at Kraft Heinz and VP/GM of U.S. Supermarkets at the Frito Lay division of PepsiCo. He has replaced founder and CEO Shawn Kilcoyne, who remains as chairman of the company.

Their proprietary freezing process takes the purification of ice to unparalleled heights, ensuring that consumers taste the drink itself, not the ice. With their innovative approach, Lux Ice has mastered the art of crafting high-quality, “craft” ice spheres at scale, and the impact is spreading far and wide.

One of the most remarkable aspects of Lux Ice’s research and development efforts is the ability to produce these ice spheres in large quantities. This means you can now find Lux Ice in your local supermarket, convenience store, liquor store, and various other retail channels. Moreover, it’s making waves in on-premise locations like restaurants and bars, transforming the way we enjoy our beverages when dining out.

Lux Ice’s commitment to quality and innovation extends beyond the ice itself. They are dedicated to reducing waste, with a focus on sustainability in their operations. This approach aligns with the growing demand for eco-friendly and premium products in the market. The future of ice has never looked cooler.

Are you developing new technology for an existing application? Did you know your development work could be eligible for the R&D Tax Credit and you can receive up to 14% back on your expenses? Even if your development isn’t successful your work may still qualify for R&D credits (i.e. you don’t need to have a patent to qualify). To find out more, please contact a Swanson Reed R&D Specialist today or check out our free online eligibility test.

Who We Are:

Swanson Reed is one of the U.S.’ largest Specialist R&D tax advisory firms. We manage all facets of the R&D tax credit program, from claim preparation and audit compliance to claim disputes.

Swanson Reed regularly hosts free webinars and provides free IRS CE and CPE credits for CPAs. For more information please visit us at www.swansonreed.com/webinars or contact your usual Swanson Reed representative.

Mindtrip is Streamlining Travel Planning with AI

Florida Patent of the Month - December 2021

In a world where travel is becoming increasingly personalized, the need for smarter, more efficient trip planning tools has never been greater. Enter Mindtrip, the AI-driven trip planner that’s changing the game. With a recent injection of $7 million in funding, Mindtrip is poised to reshape the travel industry through innovative research and development.

Traditional trip planning can be a time-consuming and overwhelming process. From sifting through countless travel options to creating itineraries that cater to individual preferences, travelers often find themselves in need of a helping hand. Mindtrip recognizes these pain points and leverages the power of artificial intelligence to provide a solution.

The core concept behind Mindtrip is simple; by harnessing AI technology, the platform takes the hassle out of travel planning, offering users customized trip recommendations that align with their interests, budgets, and schedules. This personalized approach not only saves time but also enhances the overall travel experience.

The recent $7 million in funding, a testament to the industry’s belief in Mindtrip’s potential, will be instrumental in furthering the company’s research and development efforts. With this financial boost, Mindtrip aims to refine its AI algorithms, expand its database of travel information, and enhance user interfaces. The ultimate goal? To offer travelers an unparalleled trip planning experience.

One of the key advantages of Mindtrip’s AI-driven approach is its ability to adapt and evolve. As users engage with the platform and provide feedback, the AI continuously refines its recommendations, becoming smarter with each use. This iterative process ensures that Mindtrip remains at the forefront of travel technology, setting new standards for trip planning efficiency.

The implications of Mindtrip’s research and development efforts extend far beyond individual travelers. By streamlining the planning process and encouraging exploration, the platform has the potential to boost tourism in various destinations. This, in turn, can stimulate local economies and promote sustainable travel practices.

Are you developing new technology for an existing application? Did you know your development work could be eligible for the R&D Tax Credit and you can receive up to 14% back on your expenses? Even if your development isn’t successful your work may still qualify for R&D credits (i.e. you don’t need to have a patent to qualify). To find out more, please contact a Swanson Reed R&D Specialist today or check out our free online eligibility test.

Who We Are:

Swanson Reed is one of the U.S.’ largest Specialist R&D tax advisory firms. We manage all facets of the R&D tax credit program, from claim preparation and audit compliance to claim disputes.

Swanson Reed regularly hosts free webinars and provides free IRS CE and CPE credits for CPAs. For more information please visit us at www.swansonreed.com/webinars or contact your usual Swanson Reed representative.

Jellatech’s Innovative Approach to Collagen Production Gains Momentum

Jellatech, a collagen startup, has raised $3.5 million to scale up their lab-grown production.

Collagen, often dubbed the “fountain of youth,” is a crucial protein that plays a vital role in maintaining skin elasticity and overall health. Traditionally, collagen has been sourced from animal byproducts, a process that raises ethical concerns and environmental issues. Jellatech recognized these challenges and set out to revolutionize the collagen production landscape.

The company’s approach is as innovative as it is ethical. Jellatech harnesses the power of cellular agriculture, using advanced biotechnology to cultivate collagen from sustainable sources. This process not only eliminates the need for animal-derived collagen but also ensures a consistent, high-quality product that meets the growing demand in the skincare and nutraceutical markets.

Jellatech’s recent fundraising success, highlighted by its ability to secure significant financial backing, underscores the industry’s recognition of the company’s transformative potential. With this funding, Jellatech is poised to accelerate its research and development efforts, bringing sustainable, lab-grown collagen products to consumers sooner than ever.

The implications of Jellatech’s innovations are far-reaching. Beyond the skincare and nutraceutical sectors, lab-grown collagen has the potential to disrupt various industries, including medical and pharmaceutical. As the company continues to refine its production processes and expand its product offerings, the possibilities for collagen-based solutions are limitless.

In a world increasingly concerned with sustainability and ethical consumption, Jellatech’s commitment to responsible collagen production positions it as a leader in the biotechnology space. By leveraging cutting-edge research and development, the company is not only meeting the demands of today but also shaping the future of collagen-based products.

As Jellatech forges ahead with its mission to revolutionize collagen production, the skincare and nutraceutical industries are in for a remarkable transformation. Consumers can look forward to ethically sourced, high-quality collagen products that promote both personal wellness and environmental stewardship. With each breakthrough, Jellatech moves one step closer to redefining an entire industry and setting a new standard for sustainable biotechnology.

Are you developing new technology for an existing application? Did you know your development work could be eligible for the R&D Tax Credit and you can receive up to 14% back on your expenses? Even if your development isn’t successful your work may still qualify for R&D credits (i.e. you don’t need to have a patent to qualify). To find out more, please contact a Swanson Reed R&D Specialist today or check out our free online eligibility test.

Who We Are:

Swanson Reed is one of the U.S.’ largest Specialist R&D tax advisory firms. We manage all facets of the R&D tax credit program, from claim preparation and audit compliance to claim disputes.

Swanson Reed regularly hosts free webinars and provides free IRS CE and CPE credits for CPAs. For more information please visit us at www.swansonreed.com/webinars or contact your usual Swanson Reed representative.

Vero Technologies’ Ambitious Step in Revolutionizing Wholesale Financing

In a financial landscape marked by rapid evolution, Vero Finance Technologies, Inc.(Vero Technologies) has emerged as a trailblazer, harnessing innovation to make wholesale financing a lucrative revenue stream for banks. The company’s recent accomplishment—a successful $8.5 million Series A funding round—signals a promising future for both Vero Technologies and the financial institutions it aims to empower.

Wholesale financing, a critical component of the banking industry, has long been in need of a modernized approach. Vero Technologies recognizes this demand and has set out to transform the way banks navigate this complex terrain. The infusion of $8.5 million in Series A funding is a testament to the confidence investors have in Vero’s vision.

At the heart of Vero’s innovation lies a mission to streamline and optimize the wholesale financing process. By leveraging cutting-edge technology and data-driven insights, Vero Technologies is poised to enable banks to unlock the full potential of this revenue stream.

While the specifics of Vero’s technological advancements are yet to be unveiled, the impact is clear: enhanced efficiency, reduced risks, and increased profitability for banks. Wholesale financing, once considered a challenging and cumbersome aspect of banking operations, is now on the cusp of a transformation that promises to make it not only viable but also highly lucrative.

The successful Series A funding round, which attracted significant attention from investors, underscores the immense potential of Vero Technologies’ approach. As the financial industry continues to adapt to a rapidly changing landscape, solutions like those offered by Vero are poised to play a pivotal role in shaping its future.

Vero Technologies’ commitment to research and development, coupled with its innovative spirit, positions it as a driving force behind the evolution of wholesale financing. As banks embrace these advancements, they are likely to experience a substantial boost in revenue while navigating the complexities of wholesale financing with newfound ease.

Are you developing new technology for an existing application? Did you know your development work could be eligible for the R&D Tax Credit and you can receive up to 14% back on your expenses? Even if your development isn’t successful your work may still qualify for R&D credits (i.e. you don’t need to have a patent to qualify). To find out more, please contact a Swanson Reed R&D Specialist today or check out our free online eligibility test.

Who We Are:

Swanson Reed is one of the U.S.’ largest Specialist R&D tax advisory firms. We manage all facets of the R&D tax credit program, from claim preparation and audit compliance to claim disputes.

Swanson Reed regularly hosts free webinars and provides free IRS CE and CPE credits for CPAs. For more information please visit us at www.swansonreed.com/webinars or contact your usual Swanson Reed representative.