Category Archives: Recent Investment

After performing extensive due diligence, the SWAN Impact Network is pleased to announce that it has led the investment in ATX LED. ATX LED is revolutionizing residential home lighting with a next-generation architecture that extends LED lights’ operating lives, supports advanced smart home automation, and significantly reduces the cost of installing lighting in new homes, by reducing labor and copper costs.

The Southwest Angel Network  is working to support portfolio companies in these uncertain times, and is pleased to announce an incremental investment in Shyft Power Solutions.

Shyft was founded at Stanford University as a byproduct of the research of the co-founders, and facilitates the adoption of solar energy and storage in micro-grids, thereby enabling widespread access to clean, reliable and affordable energy. Shyft builds the technology that enables the transition to a decentralized, democratized and digitized energy landscape, and is focused on markets with unreliable power grids.

The Southwest Angel Network is please to participate in follow-on funding for Family Plan. SWAN made a seed investment in September of 2018. Since that time Family Plan has made significant  progress and has now closed a multi-million dollar round.

Family plan works to reduce the stress on a family following a divorce.  Using Family Plan, parents can manage custody scheduling on a shared calendar in real time, arrange and make payments instantaneously and with authentication, and make and log texts and emails to support open communication and maintain a reliable record. No other mobile app provides this suite of functions. This app has been developed with input from a team of divorced parents, divorce lawyers, and ex-judges to address both an important social need and a large market opportunity.

Family Plan was founded and is led by Mark and Laura MacMahon, from Maine, who founded the company for the same reason many companies are founded – they had a problem they wanted to solve, and the available solutions just weren’t good enough. In the years after Mark’s divorce, he found that he was spending hours a week just trying to stay on top of managing his schedule, finances, and communications all related to the kids. Mark and Laura decided to build a set of tools that would help families thrive after a breakup – reducing conflict along the way.

SWAN made a first investment in CURB in 2019, and is pleased to announce a significant follow-on investment that will assist the company in its rapid revenue growth.

CURB provides an interactive energy efficiency solution that enables homeowners to reduce electricity consumption by up to 20%.  CURB uncovers home energy trends, pinpoints power hogs, and gives users control over their electric bill.

The heavy-duty engine industry is approaching a time when the rising cost of petroleum-based diesel fuel—and continued government regulation of CO₂ and diesel criteria pollutants (NO_x and particulates)—are leading to the decline of diesel-fueled engines. Heavy-duty engine manufacturers are aggressively seeking viable alternative technologies. ClearFlame Engine Technologies is introducing a disruptive, patented engine technology that easily integrates into existing compression ignition engine manufacturing which delivers uncompromising engine performance at a lower cost.

ClearFlame Engine Technology has the potential to reduce well over five gigatons of greenhouse gas emissions by 2050.

Our network’s investment was part of the company’s $3M funding round.