SWAN announces investment in Vessl Prosthetics

SWAN is pleased to announce an investment in Vessl Prosthetics, which creates affordable, adaptive prosthetic sockets that automatically adjust to limb changes, offering bionic-level functionality and greater comfort for wearers.

Vessl has developed a new prosthetic socket designed specifically for amputees who have struggled to find a good fit with traditional sockets or who have felt that affordable options were not available to them. Vessl’s socket is the only socket that automatically adjusts as amputees’ legs change size. Custom panels maintain a consistent, clinician-set level of pressure on the leg even as the leg shrinks and swells. This socket is compatible with standard connectors, so prosthetists can easily integrate the Vessl socket with any shank and foot they choose. Vessl’s socket can be worn every day without pain or the need for prosthetic socks.

SWAN announces investment in Little Feet Packaging

SWAN is pleased to announce an investment in Little Feet Packaging, which provides a cost-effective, environmentally friendly alternative to single-use bubble wrap using recycled, compostable material.

Little Feet Packaging develops innovative, sustainable solutions to replace single-use plastic packaging. Their flagship product, Pubble, is a patented material made from 100% recycled paper that provides cushioning and thermal protection while being compostable and cost-effective. Through a unique model, Little Feet supplies production equipment directly to third-party logistics companies and large customers, enabling scalable adoption of eco-friendly materials. This approach helps businesses meet the growing demand for sustainable practices while reducing shipping costs and conserving warehouse space.

SWAN’s 2023 Impact Report: Change in Action

Since 2015, SWAN Impact Network has been dedicated to uniting angel investors and visionary entrepreneurs to drive significant change by tackling the world’s most pressing challenges. We invest in innovative companies focusing on sectors such as renewable energy, healthcare, education, and social equity. We are proud to now announce the publication of our first-ever impact report, showcasing our success in supporting companies that are addressing critical United Nations Sustainable Development Goals in addition to also championing founders who are historically underrepresented.

As a 501(c)(3) organization, SWAN continues our mission through education and mentorship for the companies that apply to us. We also engage our members and the general public with informative webinars and speaking engagements, fostering a community of learning and growth.

This report marks an important milestone in our journey, reflecting the tangible impact of our collaborative efforts. Please reach out to us at associate@swanimpact.org if you’d like to learn more about how SWAN is igniting change.

 

Click here to read the report:

*A special thank you to SWAN Director of Impact Reporting, Meagan Packard, for crafting the report framework; SWAN Dallas Chapter Lead, Heather Gilker, for spearheading its development; SWAN Administrative Director, Jenny Garcia, for coordinating and organizing; and SWAN Second Day intern, Sophia Montoya, for designing the 2023 Impact Report.

SWAN announces investment in Ecosystem Informatics

SWAN is pleased to announce an investment in Ecosystem Informatics (ESI), which is dedicated to providing advanced AI-driven data and analytics solutions to help organizations monitor and improve air quality.

ESI’s multi-modal solution means that customers can cover a very large area at a very low cost, with either terrestrial or aerial mobile platforms, complemented if required by a fixed platform. AI-driven self-calibration means that ESI can deliver continuous real-time measurements with its mobile platform. ESI is thus first to provide 3D mapping of air measurements. ESI works with governments, businesses, and industries to protect public health and promote sustainability through smarter, data-driven decision-making; it is FIWARE ready, easing the way for cities to get the data they need for their decision.

SWAN announces investment in AGED Diagnostics

SWAN is pleased to announce an investment in AGED Diagnostics, which is using genomic innovation to develop the most accurate blood test for liver disease to help physicians keep patients in the monitoring program, reduce the financial burden for health insurers, and improve patient outcomes through early detection and intervention.

AGED tools can differentiate benign from advanced liver disease and simultaneously stage fibrosis (liver scarring). Their technology uses a targeted genomic sequencing assessment to measure the concentration of target biomarkers (genetic signatures) in circulation. The presence of biomarkers past a defined concentration indicates a diagnosis of liver disease (NASH) and/or fibrosis.

(Webinar) Startup Fundability Issues and Common Pitfalls on the Road to Series A

Are you an early-stage startup and want to avoid mistakes that may jeopardize a future Series A? Or an investor taking a closer look at a potential investment? This insightful webinar with experienced startup lawyers from international law firm Goodwin Procter talks about the common fundability issues and financing pitfalls that many entrepreneurs face along the way. Goodwin lawyers David Brekke and Kelly Carson have seen it all and provide valuable tips on navigating the fundraising process successfully.

 

Watch the Webinar

SWAN announces investment in LeapFrog Design

SWAN is pleased to announce an investment in LeapFrog Design, which provides stylish, plant-powered, greywater recycling systems for new residences, reducing water usage by up to 40%.

The company’s EstuaryTM is a plant-powered ecological water treatment system. On the surface, the system is a modern planter box full of vibrant plants that add beauty to the landscape. Inside, plants and microbes clean water from sinks, showers, and washing machines for reuse in toilet flushing and irrigation.

SWAN-supported Skyven Technologies awarded $145 Million Grant from U.S. Department of Energy

SWAN is thrilled to share that Skyven Technologies, an Energy-as-a-Service (EaaS) company pioneering steam generating heat pump technology and a company in the SWAN investment portfolio, has been selected for award negotiations up to $145 million from the Department of Energy (DOE) Office of Clean Energy Demonstrations (OCED). The unprecedented funding will address critical climate challenges by accelerating the installation of cutting-edge Skyven Arcturus industrial steam-generating heat pumps (SGHPs) at manufacturing facilities across the United States.

Skyven’s innovative work to reduce greenhouse gas emissions from industrial plants will remove 400,000 metric tons (MT) of CO2 annually.

Background:

“The U.S. Department of Energy announced it has selected 33 projects from more than 20 states that will be awarded up to $6 billion to jump-start the elimination of carbon dioxide emissions from industries that are hard to adapt to green technologies. The projects will match federal monies to invest more than $20 billion toward commercial-scale decarbonization solutions for cement and concrete, chemicals and refining, metals including iron and steel, pulp and paper mills, and so on. The projects are funded by the Bipartisan Infrastructure Law and Inflation Reduction Act, and will create tens of thousands of jobs. The Department of Energy estimates that the funded projects will cut carbon emissions by an average of 77%.”

 

Read the Press Release

 

Three SWAN Portfolio Companies named to TIME’s “America’s Top GreenTech Companies of 2024”

Three SWAN portfolio companies were recently named to TIME magazine’s top 250 American companies in the Greentech space.

Vartega (#77), Advanced Ionics (#147), and Yotta Energy (#149) were ranked among 250 of America’s top sustainability-­focused companies based on positive environmental impact, financial strength, and innovation. Analyzed company data points included the value of the company’s intellectual property portfolio, revenue and funding, and environmental data specific to each industry, such as carbon capture, offsets, and renewable energy generated.

 

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SWAN-supported Yotta Energy named to Global Cleantech 100 list for second straight year

Yotta Energy, an Austin, Texas-based energy storage start-up supported by SWAN investors, has been named to Cleantech Group’s “Global Cleantech 100” for the second straight year. The annual list, now in its 15th year, is a comprehensive showcase of the most promising private companies in the cleantech ecosystem. The list includes companies with innovative technologies, original business models, and bold plans that focus on the ever-increasing climate and environmental crisis.

Selected through a thorough evaluation process, the 100 companies provide sustainable solutions for a wide-ranging array of industry groups: Agriculture & Food; Energy & Power; Materials & Chemicals; Resources & Environmental Management; Transportation & Logistics; and Waste & Recycling.

Read the Press Release

 

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