SOURCE: CHICAGO INNO Two Chicago cleantech startups just got funding from the Clean Energy Trust, a fund that backs energy upstarts across the Midwest. The Chicago-based Clean Energy Trust announced Wednesday that it invested in Renewance, a startup focused on battery recycling that connects electric vehicle companies and other businesses to recycling solutions, and Iris Light Technologies, a maker…
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SOURCE: CHICAGO INNO With hospitals becoming overcrowded with coronavirus patients, a Chicago startup has developed a tech-based method to care for COVID-19 patients at home. Chicago telehealth startup 4D Healthware announced that it launched a new COVID-19 monitoring platform, based on its original software, which allows for remote monitoring, physician and lab supported diagnosis, and at-home treatment. By equipping…
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SOURCE: MIT TECHNOLOGY REVIEW Here is our annual list of technological advances that we believe will make a real difference in solving important problems. How do we pick? We avoid the one-off tricks, the overhyped new gadgets. Instead we look for those breakthroughs that will truly change how we live and work. Unhackable internet Hyper-personalized…
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SOURCE: CHICAGO INNO Lewis Gruber, who’s turning 70 this year, says he has no plans on dying. Well, that’s not entirely true. The biotech entrepreneur has prepared a will. And when pressed on exactly how long he expects to live, he replied calmly, “Something on the order of 120 I wouldn’t think would be out…
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SOURCE: CHICAGO INNO BrewBike, a coffee startup with roots at Northwestern University, has secured $2 million from investors as it celebrates a major milestone—selling 100,000 cups of coffee. The startup announced Wednesday that it raised $2 million in a seed round led by CEAS Investments, a venture firm with a focus on early-stage consumer product companies. The…
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Source: Entrepreneur At the tender age of 19, Rob Rohn and Dan Mermelstein started selling aftermarket auto accessories from their college dorm room. Ten years, four locations and 23 employees later, Gilbert, Ariz.-based Vivid Racing is a $10 million business. We asked Rohn and Mermelstein, both 29, to share a few of the business insights…
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Source: ForbesO On a morning half-choked by smoke from the nearby California wildfires, Mariam Naficy, the CEO of Minted, unlocks the heart of her growing design empire. And is it ever dull. Absent are the bold printed pillows and the bookshelves made from reclaimed scaffolding found elsewhere in Minted’s San Francisco offices, the better to…
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The role of futures in the financial markets and society is widely misunderstood. Futures do not inherently destabilize the financial system, and they are not devices made purely for speculation. Futures, especially exchange-traded futures, have massively contributed to the creation of the modern financial system. This system allows for capital to be put to use…
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