SWAN has invested in Psyonics

The SWAN Impact Network is pleased to announce an investment in Psyonics.

Psyonics is redefining what it means to be human through advances in biointegrated technologies, and has developed the world’s first touch sensing bionic prosthetic hand. With sensors in the fingertips, you can feel what you’re doing with the Ability Hand and use it with even the most delicate objects. It’s the first bionic hand with multi-touch feedback on the market.

SWAN experienced exciting growth in 2021

The bottom line:

  • In 2021 ,the number of angels in the SWAN Impact Network grew by 60%, making SWAN the fastest growing impact angel network in the country

  • In 2021, SWAN’s  Dallas chapter was created and became a vibrant community of impact investors
  • In 2021, the SWAN Impact Network invested over $4,000,000, in companies entering its portfolio and in follow-on funding to existing portfolio companies. The result is that the dollars invested in our current portfolio nearly doubled!

Announcing an Investment in Vartega

The SWAN Impact Network is pleased to announce an investment in Vartega.

Vartega creates recycled carbon fiber. Using reclaimed and recycled carbon fiber is a low-cost alternative to virgin material for automotive and industrial applications. Vartega sources carbon fiber from various dry fiber and prepreg scrap sources. This material exhibits the same mechanical properties as virgin carbon fiber. Vartega’s carbon fiber is available in semi-continuous, chopped, and milled formats. It is ideally suited for use in thermoplastics, non-wovens, and molding compounds.

Recycled carbon fiber can be used to reduce vehicle weight – increasing range and fuel economy while reducing emissions. Recycled carbon fiber has been used extensively in consumer goods as well as the oil and gas industry. Vartega’s recycled carbon fiber features virgin mechanical properties as well as minimal thermal expansion and high electrical conductivity.

By utilizing the Vartega process, thousands of tons of waste will be diverted from landfill each year. The economic impact of reduced waste disposal fees is significant, but the most substantial economic benefit of using low-cost recycled carbon fiber comes from reduced fuel consumption due to vehicle lightweighting.

A follow-on investment in Advanced Ionics

The SWAN Impact Network is pleased to announce a follow-on investment in Advanced Ionics.

Advanced Ionics is designing a new generation of electrolyzers specifically for industrial users, such as ammonia/fertilizer production, hydrogenation, metal fabrication, glass, methanol, synthetic fuels/chemicals, and power plants, among others. Their purpose-built technology platform produces the lowest-cost onsite industrial green hydrogen of any electrolyzer company. Advanced Ionics is working hard to bring systems to market.

SWAN made its first investment in Advanced Ionics in 2020.

A follow-on investment in Skyven Technologies

The SWAN Impact Network made its initial investment in Skyven Technology in 2019, and is pleased to also participate in the company’s recent $4 million institutional seed funding round. The round was oversubscribed and was led by VoLo Earth Ventures, along with Global Founders Capital and the SWAN Impact Network. Skyven also received California Energy Commission grant awards which brought its new capital total to $6.5 million.

Skyven is based in Richardson, Texas. Their energy services fund and de-risk capital projects that reduce carbon emissions and protect our communities. The process takes a holistic view of the entire plant’s energy balance and flows to bring to life attractive, low-risk opportunities that deliver a strong ROI. Skyven participates as a thermal energy partner, they help companies focus all their resources on what they do best.

Skyven is solving this problem with an innovative business model that allows us to implement decarbonization measures with zero CapEx and savings from day one. The model is enabled by proprietary cloud-based software, which allows Skyven to measure and verify customers’ savings in real-time.

 

Announcing an Investment in Hubly Surgical

The SWAN Impact Network is pleased to announce an investment in woman-led Hubly Surgical.

Hubly Surgical’s mission is to improve patient outcomes and increase quality of care for surgical procedures, inclusively, across standard and underserved settings.

Hubly Surgical is a cranial and orthopedic platform drilling solution. They are focused on modernizing three verticals: bedside intracranial access, elective neurosurgeries, and elective orthopedic surgeries. Targeting neurosurgeons, their first product utilizing this technology is an integrated electric drill system designed to streamline bedside intracranial access, decrease operating room reliance, and facilitate treatment for emerging indications.

Portfolio company Acadeum is delivering impressive impact

Acadeum helps colleges and universities create course-sharing partnerships with like minded-institutions to boost student success, broaden access to educational opportunities, promote curricular innovation and operational efficiencies, and support institution success.

Their impact is driven by their impressive revenue and net income results.

A follow-on investment in Binary Bridge

The SWAN Impact Network is pleased to announce a follow-on investment in Binary Bridge.

Binary Bridge is a Public Benefit Company with the mission to improve access to healthcare and increase the quality of care in underserved locations. They accomplish this by providing software solutions for mobile clinics in remote, low-resource areas. BackpackEMR targets medical teams working in rural areas and is fully supported by Binary Bridge. Binary Bridge understands that medical teams are not experts in technology, therefore Binary Bridge continues the support for medical teams to spend their time and resources on the people they are serving.

SWAN made its initial investment in Binary Bridge in 2018.

 

Follow-on investments in Yotta Energy and ClearFlame Engine Technologies

The SWAN Impact Network is pleased to announce follow-on investments in clean-energy companies Yotta Energy and Clear Flame Engine Technologies.

As a world-wide energy shortage is poised to hit the U.S. this winter, Yotta Energy has raised $13 million to scale its unique, modular energy storage and microgrid technology, specifically designed to transform buildings into self-generating power plants. Led by WIND Ventures, the Series A round also includes follow-on investors Doral Energy-Tech Ventures, Riverstone Ventures, and returning investors, EDP Ventures, and SWAN Impact Network. Overall, the funding will allow Yotta Energy to expand product deployments in the U.S. and Latin America, increase company employment, open up energy generation revenue for commercial flat-roof buildings, and help North and South America meet decarbonization goals. The round brings the company’s total funding to $20 million.

SWAN previously invested in Yotta Solar in 2019.

ClearFlame Engine Technologies, a startup dedicated to the development of net-zero engine technology, announced today that it has secured $17 million in Series A financing, which will enable commercialization of the company’s innovative engine technology for the long-haul trucking, agriculture and power generation sectors. The financing was led by Breakthrough Energy Ventures with participation from Mercuria, John Deere, Clean Energy Venture and the SWAN Impact Network.

OneSeventeen Media recognized as a Best-for-the-World company

SWAN portfolio company OneSeventeen Media is a certified B-Corp and has been recognized by B-labs as a Best-for-the-World-2021 company.

OneSeventeen Media is focused on marginalized youth, specifically those who aren’t ‘heard’ in our school system. reThinkIt! is a digital mental health platform using chatbot assistants, live chat counselors and an evidence-based ‘early detection’ assessment to help kids 10 to 15 years old better process difficult emotions, understand their own behaviors, and navigate those of others.

Quoting B-Labs: “Within this business community [of 4,000 certified B-Corp companies] operating at the vanguard of the impact economy, those companies that rank in the top 5% of all B Corps on the B Impact Assessment in its size group worldwide for their sustainable business practices are recognized as 2021 Best for the World. .”

OneSeventeen Media was recognized in the categories of Best for Customers and Best for Governance.

 

1 2 3 4 10