SWAN Welcomes Todd Litton as New Houston Chapter Lead

SWAN is thrilled to announce Todd Litton as the new Houston Chapter Lead. For more than 20 years, Todd has worked in the Houston region in and across the legal, business, nonprofit/education, and political sectors. He has been able to leverage his extensive experience and expertise across these sectors to innovate and formulate partnerships and pathways that led to positive results for organizations and the community as a whole. Todd earned his B.A. degree from Duke University, his J.D. from The University of Texas School of Law, and his MBA from Rice University. He met his wife Jennifer Litton, a breast cancer doctor and researcher, at Duke. They live in the Rice/Medical Center area with their three children (though two have recently started college) and their dog. Todd believes the Houston region and its people are perfectly positioned to invest in and nurture the development of companies and entrepreneurs and is excited to focus on building the SWAN network in Houston.

Interim Houston Chapter Lead Valerie Tompson will continue her valuable contributions to SWAN as the Director of Communications.

​SWAN announces follow-on investment in Hubly Surgical

SWAN is pleased to announce follow-on funding in Hubly Surgical, which recently raised $3 million in an oversubscribed Funding Round.

In May 2023, Hubly Surgical announced that HUBLY DRILL, the first and only single-use cranial drill with advanced features for safety and efficiency in any setting, is FDA-cleared and now available for sale. Read more HERE.

Following FDA Clearance, this investment comes primarily from the Hubly commission-only distributor sales force, pre-existing investors, and the neurosurgeons and physicians who share the company’s vision.

SWAN previously invested in Hubly in 2021.

​Aiqueous merges with Apogee Interactive to Create First-in-Class Utility Customer Engagement Platform

SWAN portfolio company AIQUEOUS – a provider of customer relationship and program management software – and Apogee Interactive – a provider of customer engagement, education, and communication software – have combined to create a premier customer relationship & engagement platform for utilities and utility service providers. The unified entity is backed by M33 Growth, a growth-stage investment firm that partners with founders and management teams who have bootstrapped their businesses to a point where they are aiming to break through as market leaders.

“We believe that M33 is the perfect fit for AIQUEOUS as an equity partner,” said Jonathan Kleinman, CEO of AIQUEOUS. “By recognizing the value of our team, understanding the systems and support for our business stage, and experience scaling SaaS businesses, we believe that M33 provides the resources needed to achieve our mission and vision.”

More about this merger can be found HERE.

Aiqueous became a SWAN portfolio company in 2017.

SWAN Houston Chapter Kickoff Ignites Impact Investing at the Ion

SWAN is thrilled to announce the highly successful official kickoff of our Houston chapter, which took place on May 31st at the heart of Houston’s innovation district, the Ion. This memorable event, organized by SWAN’s Interim Houston Chapter lead Valerie Tompson, brought together over 70 passionate individuals who were eager to delve into the world of startup impact investing.

Joining SWAN Founder and Executive Director, Bob Bridge, in a panel to graciously share their expertise and experience were Kerri Smith, Executive Director, Rice Clean Energy Accelerator; Emily Reiser, Associate Director, TMC Innovation; and Grace Rodriguez – CEO | Executive Director, Impact Hub Houston as moderator.

During the event, panelists shed light on the distinguishing factors that set impact investing apart from traditional startup investing, including that impact investing goes beyond financial returns and seeks to generate positive social and environmental impact alongside financial gains. They also discussed the importance of aligning investment decisions with personal values and focusing on sectors that address pressing global challenges.

Moving forward, SWAN is excited to help foster collaboration, knowledge sharing, and meaningful impact within the local Houston startup ecosystem and looks forward to witnessing the transformative power of impact investing in Houston and beyond!

SWAN Announces Follow-On Investment in Vartega

The SWAN Impact Network is pleased to announce a recent follow-on investment in Vartega.

The company’s goal is to increase the amount of carbon fiber that is recycled. Vartega makes recycled carbon fiber more affordable and accessible for manufacturers to use via its patented recycling process and helps to divert waste from landfills.

SWAN previously invested in Vartega in 2021.

SWAN Announces Follow-On Investment in Elevation (Curb)

The SWAN Impact Network is pleased to announce a recent follow-on investment in Elevation (Curb).

The company’s goal is to make homes more energy efficient and reduce greenhouse gases. Elevation (which purchased SWAN portfolio company Curb Energy) offers a unique combination of solar, energy efficiency, and energy monitoring technology to provide homeowners with the most complete solution for smarter home energy with lower carbon usage.

SWAN previously invested in Elevation (Curb) in 2017, 2019, 2020, 2021, and 2022.

SWAN Announces Follow-On Investment in ClearFlame Engine Technologies

The SWAN Impact Network is pleased to announce a recent follow-on investment in ClearFlame Engine Technologies, part of a larger raise of $30M in Series B funding for the company.

The latest investments were led by Mercuria Energy Group, one of the world’s largest privately held energy and commodities companies, with Mercuria and Breakthrough Energy Ventures both making second investments. New investors, including mining corporation Rio Tinto, and WIND Ventures, the strategic venture arm of Copec, one of Latin America’s leading mobility and energy companies, see ClearFlame as part of a holistic suite of strategies to advance environmental, social and governance (ESG) goals.

ClearFlame Engine Technologies significantly reduces GHG emissions for long-haul trucking, agriculture, power generation, and other sectors by transforming heavy-duty engines to run more cost-effectively and cleaner on 100% renewable, plant-based fuels.

SWAN previously invested in ClearFlame Engine Technologies in 2020 and 2021.

SWAN Welcomes Goodwin Procter LLP as Newest Sponsor

SWAN is pleased to announce that Goodwin Procter LLP has joined SWAN as our newest sponsor.

Goodwin’s nearly 2,000 lawyers focus on building authentic, long-term relationships with clients, who are some of the world’s most successful and innovative investors, entrepreneurs, and disruptors at the convergence of and within the life sciences, private equity, real estate, technology, and financial industries. Their immersive understanding of their clients’ industries – combined with their expertise across high-stakes litigation and dispute resolution, world-class regulatory compliance and advisory services, and complex transactions – sets them apart. Goodwin Law has offices in various cities in North America, Europe, and Asia.

 

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