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Mowrator to Display New Tech at Kentucky Expo

Mowrator, the world’s first remote-controlled mower, is showcasing their advanced lawn mower technology at GIE Expo in Kentucky.

The 2024 expo will take place from October 15-18, 2024 in Louisville, Kentucky. As one of the leading trade events for outdoor power equipment and lawn care, the expo will provide a platform for Mowrator to demonstrate its cutting-edge mowers, designed to address the needs of residential, commercial, and industrial users.

Mowrator’s technology goes beyond a typical lawn mower, integrating GPS navigation, safety sensors, and energy efficient engines to make lawn care easier than ever.

The company’s focus on sustainability will also be highlighted through the inclusion of electric-powered models, aimed at reducing fuel consumption while maintaining high standards of performance. Mowrator will further demonstrate its commitment to innovation by introducing additional mower attachments, designed to perform tasks such as mulching and snow removal. These advancements reflect the company’s approach to offering versatile solutions for modern lawn care.

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.

Strider Technologies Secures $55M in Series C Funding

Strider Technologies, Inc. has closed a successful Series C funding round, bringing in $55 million. The round was led by Pelion Venture Partners.

The company plans to use the funding to continue developing their AI-driven capabilities within its integrated global intelligence platform. They also plan to expand operations to new geographies in Europe and Asia.

Strider is a strategic intelligence company focused on building proprietary methodologies to transform publically available data into critical insights. This enables users to make decisions confidently.

Since launching in May 2019, Strider has secured $110 million in venture capital funding, grown to nearly 200 employees, and secured multiple patents, while establishing its position as a first mover and category creator.

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.

GridFlow Wins Fargo Regional Pitch Comp

GridFlow has won the Startup World Cup Regional Pitch Competition in New Mexico. This win secures GridFlow’s position in the global competition in San Francisco.

The New Mexico Regional Pitch Competition was held at New Mexico State University’s Arrowhead Center. The startup pitched against 9 other companies.

GridFlow is developing lithium-sulfur flow battery technology licensed from Sandia National Labs. The startup was founded just a few months ago after CEO Chuck Call went through Boost, a program to connect startups, labs, and academics to solve energy issues.

The battery technology GridFlow is developing is a way to address growing energy demands that are straining the nation’s aging power grid. It’s a home battery, operating off the grid.

GridFlow hopes to launch its product around 2026, according to the company’s pitch deck.

The Startup World Cup is the largest startup competition globally, offering startups a chance to win a $1 million investment. The 2024 pitch will take place October 4th in San Francisco.

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.

Blue Comply Wins Fargo Regional Pitch Comp

Wyoming Patent of the Month - November 2021

Blue Comply has won Grand Farm’s Fargo Regional Pitch Competition. The event was organized by Pegasus Tech Ventures and highlighted six different startups all looking to secure a spot at the Startup World Cup competition in San Francisco. Troy Verberg, founder of Blue Comply and regional winner, will have the opportunity to pitch at the global event on October 4th in San Francisco.

The Fargo Regional Pitch Competition was held at the Grand Farm Innovation Campus just west of Casselton, North Dakota.

Blue Comply develops tools and tools for the Oil & Gas industry. Their focus is on improving detection of fugitive methane leaks by targeting thief hatches. These hatches account for the majority of methane leaks on well sites, so improving the time to detection goes a long way in reducing waste emissions. Their IMSA Detection system is a wireless IoT device integrated into a storage tank thief hatch to detect methane leaks.

The Startup World Cup is the largest startup competition globally, offering startups a chance to win a $1 million investment. The 2024 pitch will take place October 4th in San Francisco.

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.

Pairwise Secures $40M in Series C Funding

Massachusetts Patent of the Month - June 2021

Pairwise, a gene editing technology focused on improving plant breeding, has closed a $40M Series C funding round led by Deerfield Management.

The company plans to use the funding to further their research in improved breeding in commodity crops. In particular, they plan to scale their product pipeline for their berries and pitless cherries. They also plan to advance their Fulcrum ™ Platform. Pairwise’s new seedless blackberry variety, announced in June, will deliver an improved eating experience for consumers and, in concert with compact architecture and thornless traits, bring added benefits to farm workers, growers, and the environment as well.

“We started Pairwise in the early days of CRISPR to accelerate innovation across agriculture, enabling the cultivation of crops that are more adaptive to climate change, and more nutritious and convenient for consumers, all while bolstering grower economics,” said Tom Adams, Pairwise Co-Founder and CEO. “This new investment will enable us to expand the impact of our proprietary Fulcrum Platform as we continue to lead this transformation with our proven ability to deliver novel solutions that address the most pressing challenges in agriculture today.”

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.

Aembit Secures $25M in Series A Funding

Using Wi-FI? Here are three things you need to know about the KRACK in the system

Aembit, a leading non-human identity (NHI) IAM startup, has secured $25 million in Series A funding, bringing the total capital raised to nearly $45 million.

Aembit is a non-human Identity and Access Management (IAM) company focused on developing SaaS solutions to manage all the non-human access steps. That means the use of identity, policy-based, and MFA controls. Their goal is to bring improved cybersecurity to entities, limiting credential theft and loss.

This new funding comes after an increase in cybersecurity attacks including non-human identity attacks on Cloudflare, The New York Times, and Microsoft. NHI refers to the applications, scripts, and bots that businesses routinely use to automate their operations. These NHIs use credentials to communicate with sensitive databases, applications, and infrastructure. When compromised, hackers can access secrets like API keys, access tokens, and more.

Aembit’s solution is aimed at improving management of these NHIs. Leveraging native identities and sophisticated automation, organizations use Aembit to eliminate storage of sensitive secrets within applications or vaults by moving to short-lived access tokens with a no-code auth approach. With Aembit, businesses proactively secure non-human access while eliminating the manual and fragmented work required today by security, engineering, and DevSecOps teams.

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.

Last Energy Closes $40M Series B Funding Round

Last Energy, Inc., a nuclear energy startup, has secured $40 million in Series B funding. The round was led by Gigafund, a venture capital heavyweight.

The Washington-based startup plans to use the funding to continue on the path to deploying their modular microreactors. At present, the plan is to deploy the first of their technology in Europe as soon as 2026.

The company has been focused on building a scalable energy solution capable of 20 MWe output. With this type of power, the solution could perform for industrial facilities and grid applications alike. The solution is further supported by over 100 global supply chain partners, ensuring minimal risk of any supply chain shortage or limitation.

The microreactor design ensures each unit can be combined with others to power the chosen site as needed. The startup claims that its microreactor is designed to be fabricated, transported, and built within 24 months, and is the right size to serve industrial clients. Under its business model, Last Energy aims to build, own, and operate its power plant at the customer’s site, avoiding the yearslong wait times to plug a new generation project into the power grid.

“We came to the conclusion that using the existing, off-the-shelf technology was the way to scale,” CEO Bret Kugelmass said in a 2022 interview with Canary Media. “We don’t innovate at all when it comes to the nuclear process or components — we do systems integration and business-model innovation.”

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.

P2H2 Scores $18M in Series A

Power to Hydrogen Inc. (P2H2) has closed a Series A funding round, bringing $18 million in to support their AEM electrolysis technology. The round was led by venture studio Rev1 Ventures and strategic investor Worthington Enterprises. The round also includes support from global investors, including Finindus, JERA, Asahi Kasei, American Electric Power, EDP Ventures, E.ON, ESB, FH Capital, INP Capital, and others.

P2H2 is a leader in advanced electrolysis technologies. The company has designed the technology needed for on-site hydrogen generation and energy storage.

The new funding will be used to scale and deploy the world’s first industrial-scale AEM electrolysis technology. In addition, they will grow their U.S.-based team in Columbus, Ohio, expanding its manufacturing and supply chain, as well as expanding internationally with the launch of new offices in Belgium.

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.

BioLabs and UVM to Open New R&D Incubator

The University of Vermont (UVM) and Cambridge-based BioInnovation Labs (BioLabs) have announced plans to launch a dedicated incubator at UVM’s Colchester facility.

The partnership will provide a space to support entrepreneurs and start-up companies specializing in all areas of life sciences R&D with fully equipped combination office and laboratory space.

Through this strategic partnership, UVM will oversee the new facility and provide technology, equipment, and direct collaboration with faculty at The Robert Larner, M.D. College of Medicine at the University of Vermont. The college includes nearly 200 research faculty and over 700 clinical faculty who practice in the UVM Health Network. BioLabs will support UVM with facility operations, access to industry partners, and networking and programming events.

Currently, BioLabs partners with an elite group of universities, pharma companies, and other engaged stakeholders worldwide. The UVM-BioLabs partnership reinforces the university’s steadfast commitment to research, education, and innovation. Additionally, UVM is the first rural university to join the BioLabs ecosystem.

Although the Center is expected to open in late 2025, the BioLabs Innovation Center at UVM will begin accepting applications and hosting tours in the coming months.

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.

Melodi Health Secures $10.75M in Series A Funding

Melodi Health, a Minneapolis-based medical device company, has secured $10.75 million in Series A funding which saw participation from HM Venture Partners, Engage Venture Partners, Southeast Minnesota Capital Fund, and Three Bridges Private Capital.

Melodi Health plans to direct the new funds towards clinical activities and additional product development efforts that align with their mission of transforming reconstructive surgery for women.

At present, 1 in 4 breast reconstructions experience complications. With 157,000 women choosing breast reconstruction after mastectomy each year, this is a high number of women experiencing complications each year.

So far, Melodi Health has developed their Melodi Matrix™, a clinical stage soft tissue support device that elutes antibiotics and absorbs into the body. This delivers soft tissue support immediately after reconstruction.

The company also announced the launch of the “ARIA” investigational device exemption (IDE) trial, a multicenter, nationwide, randomized, controlled study evaluating the safety and efficacy of the Melodi Matrix™ to support an FDA Approval for an indication in breast reconstruction. The Melodi Matrix technology was licensed from Medtronic.

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.