Portfolio Highlights
SeaDeep deploys AI to monitor undersea infrastructure and improve inspections of offshore energy platforms
Billions of dollars of undersea infrastructure is at risk and needs regular monitoring. SeaDeep builds technology using cutting-edge AI to detect, assess, map and report on underwater ocean assets. Tufts University recently posted a feature about the startup and how...
florrent Raises $2.1 Million to Produce Bio-Derived Ultracapacitor Activated Carbon
Massachusetts-based start-up’s breakthrough energy storage technologies bolster electrification and decarbonization Amherst, Mass. (September 7, 2023) – florrent, an advanced materials company developing high-energy density ultracapacitor technology, has secured a...
Burro AI: Revolutionizing Agriculture with Autonomous Robots
In the world of agriculture, innovation is crucial to meet the growing demand for efficient, sustainable practices. That’s where Charlie Andersen comes in: CEO of Burro, a company that is at the forefront of agricultural technology. In a recent conversation with...
Hubly Surgical Receives 510k Clearance from FDA
Lisle, IL, May 9, 2023 - Hubly Surgical, developers of cranial and orthopedic platform drilling solutions, received 510k clearance from the FDA to market the Hubly Drill, an innovate cranial access drill for neurosurgical safety in the ICU. The Hubly Drill aims to...
NextFab Ventures invests in Haylon Technologies and their chemistry-agnostic battery management system
Philadelphia, PA, March 8 2023 - NextFab Ventures is excited to welcome Haylon Technologies (https://www.haylontech.com/) to its community of hard-tech startups. Haylon develops a cloud-connected battery management system (BMS) that allows consumers to pick two...
NextFab Ventures and Hawk Spider Energy Corp partner to commercialize grid-scale long-duration energy storage systems
Energy storage is vital to the future of the grid and Hawk Spider Energy Corp's solution aims to contribute to decarbonization and the DOE Long Duration Storage Shot. Hawk Spider Energy Corp (HSEC) has designed a long-duration energy storage solution using turbines...
NextFab Ventures invests in Rezzi to help waste haulers make waste collection more efficient, transparent, and sustainable
NextFab Ventures is excited to welcome Rezzi (https://www.rezzicompany.com) to its community of hard-tech startups. Rezzi was started to help make waste collection more transparent and support communities in reducing their waste generation. Municipal solid waste is a...
Neuralert Technologies Stroke Detection Wristband Named to TIME’s List of the Best Inventions of 2022
Neuralert Technologies has announced that its lightweight, non-invasive wristband device that automates stroke detection and alerting, has been selected for TIME’s List of the Best Inventions of 2022. TIME revealed its annual list of the Best Inventions November 10,...
AlgenAir Installed a Giant Algae Air Purifier at The Pittsburgh International Airport
AlgenAir installed a giant aerium at the Pittsburgh International Airport. The aerium harnesses the natural power of algae to reduce carbon dioxide (CO2) indoors and produce oxygen (O2), combating indoor air pollution. This is possible because algae, like plants, use...
NextFab Ventures invests in QVNTRA’s passive monitoring solution for senior living facilities
QVNTRA uses passive monitoring technology to decrease workloads and enable care professionals to improve the experience of residents. Philadelphia, PA, August 30, 2022 - As the aging population in the US continues to grow, senior living facilities are seeking...
Advocate for Your End User
When developing a product, remember that the users and other stakeholders hold the key to your success. Be sure to identify their needs early on, advocate for them during development, and actively solicit their feedback along the way.
Flux Marine Raises $15.5 Million in Oversubscribed Series A Round
Flux Marine will leverage the Series A funding to scale operations, manufacturing and distribution as it advances its award-winning zero-emission electric outboard motors to market. “Our innovative ground-up design is an entirely new efficient electric propulsion...
Manufacturing 100 Beta Prototypes in a Whirlwind 45 Days
The Situation: Addressing an Urgent Need for PPE The shortage of personal protective equipment (PPE) amidst the COVID-19 pandemic has created an ongoing concern for medical and emergency response personnel. The Centers for Disease Control and Prevention (CDC)...
Overcome your product design challenges and test your concept in the real world
A team of Thomas Jefferson University medical students had an idea about how to help hospital patients get better, more restful sleep. They came to NextFab’s Product Development team in need of professional design and engineering expertise to make this idea a reality....
FIND Invests $21 Million in Biomeme and 3 Other Diagnostic Ventures
Biomeme develops a platform transforms smartphones into mobile labs for advanced DNA diagnostics and real-time disease surveillance. The company started out by creating the first iPhone add-on capable of performing molecular diagnostics. On August 11, 2020, Biomeme’s...
Portable Diagnostic Systems Won a $10,000 Cash Prize from the National Institute on Drug Abuse (NIDA).
What a great start of the year for Portable Diagnostic Systems (PDS)! They just received a $10,000 cash prize from the National Institute on Drug Abuse (NIDA). PDS is a biotech startup that graduated from NextFab's startup accelerator program in the spring of 2021....
Strados Labs Raised $4.5 Million to Provide Early Detection and Predictions of Worsening Respiratory Diseaases
On January 5, 2022, Strados Labs, a medical technology company harnessing the power of smart sensors, machine learning and proprietary algorithms to provide early detection and predictions of worsening respiratory diseases, announced its pre-series A round of funding...
NextFab portfolio company Strella Biotechnology featured in the Washington Post
Strella Biotechnology and the company's CEO, Katherine Sizov, a graduate of NextFab's 2019 Fall accelerator cohort were recently featured in a Washington Post article titled "Fighting food waste, one apple at a time." Katherine's company successfully raised over $3MM...
NextFab and Biorealize are teaming up to help designers integrate biodesign into their workflows
The development of a novel bioreactor could empower companies to culture a range of organisms and create sustainable products for a new circular bioeconomy Philadelphia, PA, December 1, 2021 - Biorealize, a NextFab-based startup, is developing a smart incubation...
Burro Raises $10.9 Million Series A from Toyota Ventures and S2G Ventures
Burro, formerly known as Augean Robotics, is an autonomy company providing solutions for the agriculture industry. On September 28, 2021, the company announced it has raised a $10.9 million Series A from Toyota Ventures, S2G Ventures, and existing investors. The...