In The News
Commonwealth Fusion Systems Selected by U.S. DOE for Milestone Program to Accelerate Commercial Fusion Energy
DEVENS, Mass.--(BUSINESS WIRE)--Commonwealth Fusion Systems (CFS) has been selected by the U.S. Department of Energy (DOE) as an awardee in its $46 million milestone-based commercial fusion energy development program, a program designed to solidify U.S. leadership in...
STL Earns Prestigious Win in Small Cell Forum Industry Awards
Timing synchronization solution from Satelles recognized for indoor operation within 5G networks RESTON, Va., May 25, 2023 /PRNewswire/ -- Satelles, Inc. (www.satelles.com), innovative provider of highly secure satellite-based time and location services, today...
Startup Gradiant Reaches Billion-Dollar Valuation Cleaning Up Wastewater For TSMC, Coca-Cola And Pfizer
A typical semiconductor fab uses 10 million gallons of water a day, and in the process of making chips it contaminates that water with chemicals and other toxic materials. That’s a big cost for the factory and an environmental problem. In cleaning up industrial...
Gradiant Raises $225 Million to Accelerate Business Expansion
BOSTON, MA – May 17, 2023 – Gradiant, a global end-to-end solutions provider of advanced water and wastewater treatment, today announced it has raised $225 million in its first close of Series D financing. The round was led by BoltRock Holdings and Centaurus Capital,...
C2Sense and Princeton BioMeditech receive NIH RADx ® Tech Funding to Advance a Digitally Connected At-Home Diagnostic Reader for Sensitivity Enhancement of an OTC COVID-19/Flu A&B Rapid Test
The funds will be used to accelerate commercialization of a highly sensitive, fluorescent version of PBM's Status™ COVID-19/Flu A&B antigen test used in conjunction with C2Sense's Halo™ diagnostic reader. WATERTOWN, Mass. and MONMOUTH JUNCTION, N.J., May 16,...
Embr Labs Secures $35 Million to Fund Market Expansion
BOSTON, May 3, 2023 /PRNewswire/ -- Embr Labs, Inc, makers of Embr Wave®, the leading wearable to treat the symptoms of menopause, today announced that it has raised $35 million via intellectual property (IP)-based debt financing. Led by GT Investment Partners ("Ghost...
Robotics safety firm Veo raises $29 million, with help from Amazon
Survey a lot of industrial warehouses and you’ll see a lot of cages. It’s a safety thing — effectively a way of ensuring that robots don’t accidentally hurt people. They’re big, fast and made of metal. We’re small, squishy and don’t always look where we should. It’s...
Venti Technologies Announces $28.8 Million Series A Funding to Automate Global Logistics and Industrial Hubs
BOSTON & SINGAPORE--(BUSINESS WIRE)--Venti Technologies, a world leader in autonomous logistics for global supply chain and industrial hubs, today announced that it has secured $28.8 million in a Series A financing. The financing round was led by LG Technology...
Drilling 12 Miles Down to Tap Geothermal Energy
Most geothermal power today comes from natural geysers or drilling operations that plunge a few miles down to harness heat from buried rock. Quaise Energy, a startup based in Boston, is taking a third approach: digging deeper—and using more heat—than any company has...
Revolutionizing Food Safety Through the Integration of Biomolecular Engineering, Nanotechnology, and AI
WATERTOWN. Mass., Aug. 11, 2022 /PRNewswire/ -- Xibus Systems, Inc. announces the development of XiSafe™ for high-speed detection of disease-causing bacteria in food and beverages. According to the WHO, food safety is key to sustainability and economic security. Yet...
Chris O’Donnell Founder and CEO of OAM Quant joins Safar Partner’s Business Advisory Board
We are very excited to have Chris join Safar’s Business Advisory Board! His experience as a Founder, CEO, and entrepreneur in the investment space makes Chris a strong asset for our growing portfolio. Chris O’Donnell is the Founder and Chief Executive Officer of OAM...
Professor Danielle Benoit joins Safar Partner’s Scientific Advisory Board
We are very excited to have Danielle join Safar’s Scientific Advisory Board! Her experience as an academic in the tissue engineering space makes Danielle a strong asset for our growing portfolio of material science and life science companies. Danielle Benoit is a...
Sophie Vandebroek joins Safar Partner’s Scientific Advisory Board
We are very excited to have Sophie join Safar’s Scientific Advisory Board! We are confident Sophie will be a strong asset for our growing portfolio of cleantech and material science, as well as AI and IT companies. Sophie Vandebroek is founder and owner of Strategic...
Timothy Swager, member of Safar Scientific Advisory Board and scientific co-founder of two Safar portfolio companies to be inducted as fellow of the National Academy of Inventors
We are excited to announce that Timothy Swager will be inducted as a fellow of the National Academy of Inventors at the NAI Annual Meeting on June 8, 2021. National Academy of Inventors – "The NAI Fellows Program was established to highlight academic inventors who...
Safar Partners featured by Climate Tech Venture Capital
We are so excited to be featured in Climate Tech Venture Capital’s list of Deeptech Climate Tech VCs. We are honored to be highlighted together with The Engine, Data Collective VC, Future Ventures, Lux Capital, Starlight Ventures and others.
Professor Conor Walsh joins Safar Partner’s Scientific Advisory Board
We are very excited to have Conor join Safar’s Scientific Advisory Board! His experience as an academic, advisor, and entrepreneur in the wearable technologies and manufacturing space makes Conor a strong asset for our growing portfolio of material science and...
Professor Reza Dana joins Safar Partners’ Scientific Advisory Board
We are very excited to have Reza join Safar's Scientific Advisory Board! His experience as an academic, advisor, and entrepreneur in the clinical development space makes Reza a strong asset for our growing portfolio of life science companies. Reza Dana is the Claes...
Safar Expands Business Advisory Board with Addition of Leading Healthcare Investment Professional
We are very excited to have Bijan join our Business Advisory Board at Safar! His experience as an investor in healthcare companies at NaviMed Capital and previously at Highland Capital Partners makes Bijan a great addition to our team of experienced Board Members....
Commonwealth Fusion Systems Selected by U.S. DOE for Milestone Program to Accelerate Commercial Fusion Energy
DEVENS, Mass.--(BUSINESS WIRE)--Commonwealth Fusion Systems (CFS) has been selected by the U.S. Department of Energy (DOE) as an awardee in its $46 million milestone-based commercial fusion energy development program, a program designed to solidify U.S. leadership in...
STL Earns Prestigious Win in Small Cell Forum Industry Awards
Timing synchronization solution from Satelles recognized for indoor operation within 5G networks RESTON, Va., May 25, 2023 /PRNewswire/ -- Satelles, Inc. (www.satelles.com), innovative provider of highly secure satellite-based time and location services, today...
Startup Gradiant Reaches Billion-Dollar Valuation Cleaning Up Wastewater For TSMC, Coca-Cola And Pfizer
A typical semiconductor fab uses 10 million gallons of water a day, and in the process of making chips it contaminates that water with chemicals and other toxic materials. That’s a big cost for the factory and an environmental problem. In cleaning up industrial...
Gradiant Raises $225 Million to Accelerate Business Expansion
BOSTON, MA – May 17, 2023 – Gradiant, a global end-to-end solutions provider of advanced water and wastewater treatment, today announced it has raised $225 million in its first close of Series D financing. The round was led by BoltRock Holdings and Centaurus Capital,...
C2Sense and Princeton BioMeditech receive NIH RADx ® Tech Funding to Advance a Digitally Connected At-Home Diagnostic Reader for Sensitivity Enhancement of an OTC COVID-19/Flu A&B Rapid Test
The funds will be used to accelerate commercialization of a highly sensitive, fluorescent version of PBM's Status™ COVID-19/Flu A&B antigen test used in conjunction with C2Sense's Halo™ diagnostic reader. WATERTOWN, Mass. and MONMOUTH JUNCTION, N.J., May 16,...
Embr Labs Secures $35 Million to Fund Market Expansion
BOSTON, May 3, 2023 /PRNewswire/ -- Embr Labs, Inc, makers of Embr Wave®, the leading wearable to treat the symptoms of menopause, today announced that it has raised $35 million via intellectual property (IP)-based debt financing. Led by GT Investment Partners ("Ghost...
Robotics safety firm Veo raises $29 million, with help from Amazon
Survey a lot of industrial warehouses and you’ll see a lot of cages. It’s a safety thing — effectively a way of ensuring that robots don’t accidentally hurt people. They’re big, fast and made of metal. We’re small, squishy and don’t always look where we should. It’s...
Venti Technologies Announces $28.8 Million Series A Funding to Automate Global Logistics and Industrial Hubs
BOSTON & SINGAPORE--(BUSINESS WIRE)--Venti Technologies, a world leader in autonomous logistics for global supply chain and industrial hubs, today announced that it has secured $28.8 million in a Series A financing. The financing round was led by LG Technology...
Drilling 12 Miles Down to Tap Geothermal Energy
Most geothermal power today comes from natural geysers or drilling operations that plunge a few miles down to harness heat from buried rock. Quaise Energy, a startup based in Boston, is taking a third approach: digging deeper—and using more heat—than any company has...
Revolutionizing Food Safety Through the Integration of Biomolecular Engineering, Nanotechnology, and AI
WATERTOWN. Mass., Aug. 11, 2022 /PRNewswire/ -- Xibus Systems, Inc. announces the development of XiSafe™ for high-speed detection of disease-causing bacteria in food and beverages. According to the WHO, food safety is key to sustainability and economic security. Yet...
C2Sense and Princeton BioMeditech receive NIH RADx ® Tech Funding to Advance a Digitally Connected At-Home Diagnostic Reader for Sensitivity Enhancement of an OTC COVID-19/Flu A&B Rapid Test
The funds will be used to accelerate commercialization of a highly sensitive, fluorescent version of PBM's Status™ COVID-19/Flu A&B antigen test used in conjunction with C2Sense's Halo™ diagnostic reader. WATERTOWN, Mass. and MONMOUTH JUNCTION, N.J., May 16,...
Embr Labs Secures $35 Million to Fund Market Expansion
BOSTON, May 3, 2023 /PRNewswire/ -- Embr Labs, Inc, makers of Embr Wave®, the leading wearable to treat the symptoms of menopause, today announced that it has raised $35 million via intellectual property (IP)-based debt financing. Led by GT Investment Partners ("Ghost...
Lucy Therapeutics Receives $4.9 Million Grant from Michael J. Fox Foundation
CAMBRIDGE, Mass. -- April 11, 2022 — Lucy Therapeutics (LucyTx), a biotech with a unifying mitochondrial platform, today announced it secured funding from The Michael J. Fox Foundation for Parkinson’s Research (MJFF), the largest nonprofit funder of Parkinson's...
Aramis Biosciences Announces FDA Clearance of IND Application for A197, a Novel Immunomodulatory Agent for the Treatment of Dry Eye Disease
BOSTON, Jan. 11, 2022 (GLOBE NEWSWIRE) -- Aramis Biosciences, Inc., a clinical-stage immuno-ophthalmology biopharmaceutical company, today announced that the U.S. Food and Drug Administration (FDA) has cleared the Investigational New Drug (IND) application for A197...
Amy Ripka, CEO of Lucy Therapeutics, was recently interviewed for American Chemical Society’s Industry Matters Newsletter
ACS - "Amy Ripka is CEO of Lucy Therapeutics, a Boston-based, mitochondrial platform biotech, revolutionizing treatments for rare and neurological diseases. Previous to her role at LucyTx, she served on the executive leadership teams at SAI Life Sciences and...
Sharon Samjitsingh, HCO co-founder, named 2020 Tech Woman of the Year
We are excited to announce that HCO co-founder Sharon Samjitsingh has been named 2020 Tech Woman of the Year by TechRochester! https://techrochester.org/tech-woman-of-the-year-2020/ Health Care Originals Inc. (HCO) is a leading digital health...
Embr Wave – Empowering Aging Through Innovation
Forbes highlights the Safar portfolio company Embr Labs together with Singfit, a music therapy app, and Alcove VR, a virtual reality app that promotes social engagement. All three companies use technology to empower people as they age! _____________ As Americans over...
Clerio Vision Hires Eye Care Industry Veteran to Lead Cornea Commercialization Efforts
ROCHESTER, N.Y., Oct. 7, 2019 /PRNewswire-PRWeb/ -- Clerio Vision has named John Weberg as Cornea Chief Commercialization Officer to further expand the development of its cornea business, which includes continued research and development, clinical trials and...
Embr Labs wins AARP’s Innovator in Aging award
Daymond John of ‘Shark Tank’ weighs in on pitches for AARP’s Innovator in Aging award. Nominees Sathya Elumalai and Sam Shames compete for a $10,000 prize.
Commonwealth Fusion Systems Selected by U.S. DOE for Milestone Program to Accelerate Commercial Fusion Energy
DEVENS, Mass.--(BUSINESS WIRE)--Commonwealth Fusion Systems (CFS) has been selected by the U.S. Department of Energy (DOE) as an awardee in its $46 million milestone-based commercial fusion energy development program, a program designed to solidify U.S. leadership in...
Startup Gradiant Reaches Billion-Dollar Valuation Cleaning Up Wastewater For TSMC, Coca-Cola And Pfizer
A typical semiconductor fab uses 10 million gallons of water a day, and in the process of making chips it contaminates that water with chemicals and other toxic materials. That’s a big cost for the factory and an environmental problem. In cleaning up industrial...
Gradiant Raises $225 Million to Accelerate Business Expansion
BOSTON, MA – May 17, 2023 – Gradiant, a global end-to-end solutions provider of advanced water and wastewater treatment, today announced it has raised $225 million in its first close of Series D financing. The round was led by BoltRock Holdings and Centaurus Capital,...
Drilling 12 Miles Down to Tap Geothermal Energy
Most geothermal power today comes from natural geysers or drilling operations that plunge a few miles down to harness heat from buried rock. Quaise Energy, a startup based in Boston, is taking a third approach: digging deeper—and using more heat—than any company has...
Revolutionizing Food Safety Through the Integration of Biomolecular Engineering, Nanotechnology, and AI
WATERTOWN. Mass., Aug. 11, 2022 /PRNewswire/ -- Xibus Systems, Inc. announces the development of XiSafe™ for high-speed detection of disease-causing bacteria in food and beverages. According to the WHO, food safety is key to sustainability and economic security. Yet...
Quaise Energy Secures Additional $12m from Series A Funding
(Think Geoenergy) — Geothermal drilling technology startup Quaise Energy has announced an expansion of their Series A financing round from USD 40 million to USD 52 million. The additional USD 12 million financing round was led by TechEnergy Ventures, the Corporate...
Ubiquitous Energy Closes $30 Million Series B Funding Round
Ubiquitous Energy, the world leader in transparent solar technology — the conversion of light into electricity using semiconducting materials all while maintaining visible transparency — announces today that the company closed a $30 million Series B funding round late...
MetOx Closes $23 Million Series A Round to Build Advanced HTS Production System
MetOx Technologies, Inc., a Houston-based manufacturer of HTS wire, has announced the completion of a $23 million Series A funding round. Proceeds from the round will allow the company to construct an advanced production facility, with the capacity to produce...
Safar Partners and Hostplus Invest in Gradiant’s New Funding Round for Cleantech Water
Safar Partners, a seed- to growth-stage venture fund investing in technology companies, today announced its participation in Gradiant's Series C funding round alongside Warburg Pincus and Schlumberger New Energy. Gradiant, an MIT spinout and one of Safar Partners'...
Safar Partners Invests $100 Million in Portfolio Company Commonwealth Fusion Systems as they Commercialize Fusion Energy
Safar Partners, a seed- to growth-stage venture fund investing in technology companies, announced today that it is investing $100 million in portfolio company Commonwealth Fusion Systems (CFS). The funding is part of CFS' Series B round that raised $1.8 billion when...
STL Earns Prestigious Win in Small Cell Forum Industry Awards
Timing synchronization solution from Satelles recognized for indoor operation within 5G networks RESTON, Va., May 25, 2023 /PRNewswire/ -- Satelles, Inc. (www.satelles.com), innovative provider of highly secure satellite-based time and location services, today...
Robotics safety firm Veo raises $29 million, with help from Amazon
Survey a lot of industrial warehouses and you’ll see a lot of cages. It’s a safety thing — effectively a way of ensuring that robots don’t accidentally hurt people. They’re big, fast and made of metal. We’re small, squishy and don’t always look where we should. It’s...
Venti Technologies Announces $28.8 Million Series A Funding to Automate Global Logistics and Industrial Hubs
BOSTON & SINGAPORE--(BUSINESS WIRE)--Venti Technologies, a world leader in autonomous logistics for global supply chain and industrial hubs, today announced that it has secured $28.8 million in a Series A financing. The financing round was led by LG Technology...
Revolutionizing Food Safety Through the Integration of Biomolecular Engineering, Nanotechnology, and AI
WATERTOWN. Mass., Aug. 11, 2022 /PRNewswire/ -- Xibus Systems, Inc. announces the development of XiSafe™ for high-speed detection of disease-causing bacteria in food and beverages. According to the WHO, food safety is key to sustainability and economic security. Yet...
Verve Motion is Lightening the Load for Warehouse Workers
(The Boston Globe) — Somerville startup Verve Motion’s ‘exosuit’ acts like extra muscle to make picking up heavy objects easier. Verve Motion refers to the device as a “soft exosuit” — a wearable that is intended to make physical labor far easier. And since April...
Agility Robotics Raises $150M Series B Led by DCVC and Playground Global
CORVALLIS, OR – April 22, 2022 -- Agility Robotics, a creator and manufacturer of robots designed to work alongside people in logistics and warehouse environments, today announced that it has raised $150 million led by DCVC and Playground Global. The Amazon Industrial...
RightHand Robotics Secures $66 Million in Series C Funding
BOSTON, February 23, 2022 – RightHand Robotics, a leader in data-driven, autonomous robotic picking solutions for order fulfillment, announces today that it has secured $66 million in a Series C financing led by top growth investors: Safar Partners, a technology...
Humanyze’s Organizational Health Score™, the First Objective Measure of Organizational Effectiveness, recently highlighted by Business Wire
"Humanyze, a leader in workplace analytics, today launched the Humanyze Organizational Health Score™ (OHS), the first solution to objectively measure organizational effectiveness. Rooted in years of academic research and customer work analyzing over 20 billion...
Cogito featured in Venture Beat for its recent funding round; Cogito raises $25 million to analyze phone calls with AI
"Boston-based call analytics startup Cogito today closed a $25 million convertible debt round led by Goldman Sachs Growth Equity, Salesforce Ventures, and other new and existing investors. The company says this latest capital will be used to expand its go-to-market...
PricewaterhouseCoopers LLP acquires EagleDream Technologies; Featured in Business Insider
"PwC has acquired EagleDream, a leading cloud-native transformation company that helps clients use cloud technologies to digitally transform their business. The firm provides cloud migration and support, software and application design, cloud management, and more." ...
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Cambridge, MA 02142