Northbrook, IL (October 27, 2014) – Intellihot, a Cornerstone portfolio company was awarded the first prize, $400k, at the inaugural Illinois Clean Energy Fund Awards. Intellihot designs and manufactures efficient energy systems for commercial, residential and industrial environments including tankless water heaters for commercial applications and combi space + water heaters for residential applications. It earned the prize and the check after pitching its business plan to a team of judges, made up of energy industry representatives and investors. The Clean Energy Trust, a Chicago-based promoter of clean energy startups, and the Illinois Department of Commerce and Economic Opportunity (DCEO) sponsored the event. More details can be found at link below –
EatStreet Co-Founders Named to Forbes 30 Under 30
Forbes has named EatStreet co-founders Matt Howard and Alex Wyler to its prestigious 2018 30 Under 30, unveiled today. Howard, CEO, and Wyler, chief technology officer, were named to the consumer technology category, marking the first time Wisconsin tech startup … Continue reading
Cornerstone Portfolio Company Front Range Raises Capital & ExpandsFront Range Biosciences, an agricultural biotech company that specializes in high-value crops such as cannabis, has raised $3 million in funding. The funding will go to scaling the company’s processes and an expansion into California and other states where cannabis use is … Continue reading
Endotronix – Added $12MM Bank Loan to $32MM Series C RoundEndotronix, a Cornerstone portfolio company and maker of cloud-enabled tools that help patients with advanced heart failure, announced earlier in the year that it had raised $12 million in debt financing from Silicon Valley Bank. The company raised a $32 million Series C round … Continue reading
