Making an Impact in 2022: SWAN’s Year End Review

Despite the economic uncertainties experienced by our angel investors in 2022, they
stepped up and invested in eleven social or environmental impact companies. SWAN angels are committed to making the world a better place.

SWAN’s investments enable creative entrepreneurs to
address important United Nations Sustainable Development Goals.

The SWAN Impact Network’s portfolio significantly increased in value in 2022.
And SWAN established a Philanthropic Fund that allows charitable
donations to be invested in companies that have been funded by SWAN angels.

In 2022, SWAN  added to its broad alliance of impact and syndication partners.

 

Portfolio company Yotta Energy Selected to Participate in The Clean Fight New York

Congratulations to SWAN portfolio company Yotta Energy, which was recently selected as one of 10 companies to participate in The Clean Fight New York. The Clean Fight New York is a not-for-profit climate tech organization, powered by New Energy Nexus, that helps scale growth-stage climate tech companies in New York. The third chapter of The Clean Fight is focused on battery and energy storage solutions that can help speed the clean energy transition.

Portfolio company Yotta in the News

Yotta Energy has been selected by the New York State Energy Research and Development Authority and the U.S. Department of Energy as one of ten climate tech companies, hailing from Europe, Australia, North America and across the U.S, that are dedicated to significantly accelerating the move to a resilient, electrified, and clean economy, in New York and beyond.

Working across the value chain, these transformative companies are positioned for scale and ready to make an impact, with solutions ranging from cells and packs; thermal, long-duration, stationary and portable storage; mobility solutions; and distributed energy resources.

Austin, Texas-based Yotta Energy produces distributed energy products, including EV chargers and the first solar battery that integrates behind rooftop solar panels. The integrated battery significantly reduces installation costs, along with its plug-and-play design that means if you can install a solar module, you can install their battery.

 

SWAN announces investment in Relavo

SWAN is pleased to announce an initial investment in Relavo.

Relavo is a medical device company that is changing the way that kidney failure patients receive treatment. Founded by an all-female team of biomedical engineers from Johns Hopkins University, Relavo is seeking to make home dialysis more accessible by minimizing the risk of infection with their technology, the PeritoneX. The PeritoneX is a novel connection device that reduces the risk of infection in peritoneal dialysis. Rather than connecting tubes directly, patients will connect them to the PeritoneX, which then internally disinfects the connected tubes with an antimicrobial solution. By reducing the risk of infection, patients will receive safer treatment.

SWAN Director Juan Thurman in the News

The investment tracking platform SERAF featured Juan Thurman in the seventh in a series of interviews highlighting the work of interesting impact investors. Juan Thurman is a Director of the SWAN Impact Angel Network.

SERAF asked, “Looking ahead in early stage impact investing, what are you most excited about? What keeps you up at night?”

Juan replied, “When we started engaging with investors in 2016 they assumed impact investing was concessionary. Fortunately, investors have become more educated and now know you can make market or better returns investing in impact startups. The thing I am most excited about is working with early stage founders, helping them get traction and seeing them deliver impact in their chosen markets. Missing out on good deals is what keeps me up at night.”

Portfolio company ClearFlame named as one the Next Big Things in Tech

Thanks to its enormous installed base and prolonged driving distances, heavy trucking lags passenger cars in moving to zero-emissions operations. Geneva, Ill.-based ClearFlame Engine Technologies, however, is readying an alternative off-ramp from diesel fuel: a series of engine modifications that allow current-model trucks to run on ethanol sourced from corn at no loss in performance. Based upon that, ClearFlame has been named to Fast Company’s annual list of the Next Big Things in Tech.

Fast Company describes the chosen members of this list as “tech breakthroughs across industries that promise to transform the future.”  These technology breakthroughs were highlighted by Fast Company for their cutting-edge advancements and potential to impact consumers, businesses, and society overall. Clear Flame is recognized in the transportation category by this leading publication dedicated to the intersection of business, innovation, and design.

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