Technology & Innovation
German firm wins top Luminate award
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Lidrotec will receive a $1 million investment from New York. It is one of 10 startups that vied for a total of $2 million in prizes.
Rochester Beacon (https://rochesterbeacon.com/category/innovation/page/2/)
Lidrotec will receive a $1 million investment from New York. It is one of 10 startups that vied for a total of $2 million in prizes.
The new facilities for the University of Rochester’s Laboratory for Laser Energetics include office and lab space.
Launched by RIT graduates in 2015, cybersecurity firm Token now has experienced leadership, a new focus and $13 million in capital from Tom Golisano’s investment firm.
Rochester-based Circle Optics has been awarded over $2.5 million in contracts.
The $83 million included in the omnibus spending package will support some 900 jobs for scientists, engineers, technicians and staff.
PreAct, named “Company of the Year” at Thursday’s finals, will get $1 million.
Novomer’s sale to Danimer Scientific rewards a nearly two-decade bid to earn a place at the forefront of sustainable chemical manufacturing.
Its Sept. 30 event will feature a panel on women and diversity in entrepreneurship along with the Finals 2021 contest.
The venture studio and accelerator received nearly 600 applications from 64 countries.
Each of 10 companies will receive an initial investment of $100,000 and get the chance to compete for up to $2 million.