ActivEd

Portfolio news - Summer 2017

More milestones, awards, and good publicity over the last few weeks for the entrepreneurs working hard over the summer.

Emrgy: Emrgy's installation of a turbine in a canal for Denver Water generated plenty of local press and coverage in trade publications. You can even enjoy live footage from several news outlets.

Kwipped:

ActivEd: SCRA announced additional funding for ActivEd through SC Launch.

UVision: Enjoy Allison London-Brown's presentation of UVision and its Luminelle hysteroscope at CED's Life Science Conference earlier this summer.

Atlas Organics: After success with its residential collection program Compost House in Greenville, Atlas Organics is beginning its efforts in Chattanooga.

Baebies: Received a CE mark in Europe for SEEKER, which is great news, and announced new assays for FINDER. They also inked a new deal with Trivitron's Labsystems Diagnostics to deliver a wider range of newborn screening solutions.

Zipit: Wins a 2017 IoT Security Excellence Award from IoT Evolution magazine.

Proterra: Read about Greenville's grant application to have Proterra buses on Upstate streets.

Avadim: Announced the showcasing of PHUEL at the National Athletic Trainers' Association Clinical Symposia & AT Expo at the end of June in Houston.

Portfolio news - June 2017

June is apparently a very busy time for our companies, so much so that we need two updates this month to cover the news already this month.

Proterra: Undermining the narrative that South Carolina companies never raise venture capital, Proterra announced its latest $55 million financing (in which VentureSouth members again participated - thanks pro rata rights!)  (Forbes, WSJ.) Wonder what proportion of those that are "still in" will be buying electric buses or just creating their own hot air?

ActivEd: several big achievements, from a rollout across all Cherokee County Schools to a state-level budget proviso to fund Walkabouts in 250 more classrooms in South Carolina - taking ActivEd into over 50% of schools in the state. This is why this is important.

Pharmright: Livi is working hard - and is already improving the lives of caregivers and early adopters. You can enjoy The Medicine Shoppe's commercial here.

OB Medical: LaborView is now available in Australia and New Zealand thanks to a distribution partnership with LSR Healthcare. (It had also announced integration with Philips' legacy monitoring systems back in April.)

Kwipped: Officially announced the additional investment from The Angel Roundtable. Pleased to be working with Tony and the rest of the TAR team.

Servosity: And finally here's Damien Stevens' "Entrepreneur Minute" from a couple of weeks ago.

More portfolio news - June 2016

It was a busy month for our portfolio companies. As well as the opening of the Atlas Organics facility and our new investment (Asheville Angels' 10th) in Brightfield Transportation, our portfolio companies have been reaching milestones and making headlines:

OB Medical: Fetal heart monitoring device manufacturer announces its product launch after a successful trip to the Association of Women’s Health and Neonatal Nurses convention. A huge milestone towards to improving the experience of mothers during delivery - a subject close to our hearts.

Baebies: CEO Rich West was recognized as the 2016 Life Sciences CEO of the Year by the Triangle Business Journal. He is one of many very talented leaders in our portfolio. Baebies also added stellar board members, including the former Chairman and CEO of Medtronic.

KIYATEC: Announced a partnership with the Mayo Clinic to combine their complementary technology platforms for ovarian cancer clinical care.

ActivEd: At the ISTE 2016 conference in Denver, ActivEd founder Dr. Julian Reed presented his research on the impact of moving on cognition, as the company was showcased across the conference.

Plum Print: Went to the White House!

 

Electric City Angels Make First Investment

Electric City Angels Make First Investment

Angel Group Gaining Traction in Anderson

ANDERSON, S.C. – Electric City Angels, Anderson’s angel investor group that is part of the statewide South Carolina Angel Network (SCAN) is excited to announce that they have made their first investment. Electric City Angels met for the first time in March, has seen several promising companies pitch to its members, and has now funded its first investment.

The investment was in ActivEd, Inc., which was also funded by other SCAN groups over the summer. ActivEd develops online lessons to help schools teach required curriculum standards by incorporating“kinesthetic”  (movement-based) learning through its  “Walkabouts” learning platform. Based on the research of Furman University Professor Julian Reed, a leading authority on kinesthetic learning, ActivEd is already selling the “Walkabouts” platform to schools across the US, including schools in Anderson,from its headquarters here in the Upstate. Dr. Reed stated, “ActivEd is delighted to have investors from Anderson who are helping us expand the reach of our unique learning tool. Walkabouts will help schoolswith the ever-increasing pressure to improve educational outcomes, and we are  delighted to begin this process at home in South Carolina.”

Craig Kinley, e-City Angel Network founding memberstated, “We are delighted by the enthusiasm for angel investing here in the Anderson area. Our investors have participated in its first regional investment, which is a remarkable accomplishment in just a few short weeks.”

Angel investors are successful business and community leaders with diverse backgrounds that invest in and support high-growth entrepreneurs to make attractive financial returns and support the local business community.

VentureSouth-wide investments begin with ActivEd

VentureSouth exists to encourage collaboration between angel investors across our state. Our goal is to fund fully our best early stage companies - so they can spend less time fundraising and more time building great businesses.

As the UBJ and others around the state reported we are realizing our goal. The investment in ActivEd is the first time that almost all of the angel groups affiliated with SCAN have invested together in supporting a South Carolina-based company. Over 60 investors, from Asheville to Charleston, joined the UCAN-led angel round.

This is not only the first truly state-wide "syndication" by SCAN groups. It is also the first investment from Spartanburg Angels, as the Herald-Journal covered this weekend. Congratulations!

Sharing the best investment opportunities, due diligence, and industry expertise across the state; pooling capital to diversify risk; and helping communities form their own angel groups. This is what SCAN is for and we are proud to be executing on our plan.