It’s Monday out there: A great start to the week everybody and welcome new readers Jim, Sue, Cheri, Howard, Deb, Mike and Dawn. Today is the 72nd anniversary of D-Day, on which the Allies landed 160,000 troops in France. The American numbers that day: 1,465 killed, 3,184 wounded, 1,928 missing and 26 captured.
Richard Hollingshead opened the first park-in (later drive-in) movie theater on Crescent Avenue in Camden, N.J. in 1933. His patent was overturned in 1948, paving the way for such delights as the Johnny All-Weather Drive-in in Copiague, which held 2,500 cars and had an indoor theater for rainy days. (A Red Lobster now fills the screen’s space.)
Bio rising: Traverse Biosciences has closed on a $500,000 financing round led by Rochester’s Excell Partners and including the SUNY Research Foundation and local angel investors. The funding will help move along Traverse’s efforts to commercialize a portfolio of anti-inflammatory drugs developed at Stony Brook University.
Excell CEO Theresa Mazullo is taking an observer seat on the Traverse board as part of the deal.
Not just hot air: More details on Washington’s plan to lease 80,000 acres off the coast of the Rockaways for a wind-power project.
The Long Island Billion: Gov. Cuomo dropped in on Friday to announce contract awards for the LIRR’s second track project, which will double capacity between Farmingdale and Ronkonkoma, and to promote a new welcome center that he said will help the region increase tourist activity by $1 billion.
Power meet: NYIT hosts its 11th annual energy conference on June 16, including discussion of green construction, micro-grids, disruptive technology for commercial buildings and residential fuel cells, plus more. 8: 30 a.m. to 3 p.m. at the de Seversky. Info and registration here.
Also: Renowned growth hacker Vincent Dignan drops by LaunchPad Huntington to offer 30 marketing and business strategies that will rock your competition. Wednesday, June 8, 6 p.m.
And: Lt. Gov. Kathy Hochul huddlees with the Women’s Collaborative, June 7, 8 a.m., LIA’s downstairs space, free but email email@example.com that you’re coming.
Innovator of the Year awards: Nominations now being accepted for our annual salute to Long Island’s best, brightest and most creative. Nominate or request more info via firstname.lastname@example.org.
About our sponsor: Farrell Fritz, a full-service law firm with 15 practice groups, advises startups on entity formation, founder and shareholder agreements, funding, executive compensation and benefits, licensing and technology transfer, mergers and acquisitions and other strategic transactions. The firm’s blog, New York Venture Hub, discusses legal and business issues facing entrepreneurs and investors.
The week’s top reads
A novel Parkinson’s procedure
LI Brew Bus and premium service
Snack entrepreneur readies pork rinds
Boffo time at SBU’s incubator showcase
Feinstein’s Tracey to headline bioelectronics summit
M3 Technology has command of the chain
Applied DNA inks a Swedish luxury car deal
Om with a wristband: Tired of tracking just your steps and heart beat? The Zenta wearable also helps you monitor your emotional wellbeing. Made by London startup Vinaya, the device launched on Indiegogo on June 1 and had raised $135,000 by yesterday afternoon. (A pledge of $119 gets you an entry-level model; $4,999 includes a weeklong “digital detox retreat.”)
Why Brooklyn: Tech company demand for office space in Manhattan increased 177 percent between 2000 and 2012, representing a quarter of all NYC leases.
Another Olympic ring: 45 Summer Games athletes will sport Visa’s new payment ring, making it easier for them to buy stuff without having to carry a wallet.
Capital move: D.C.-based seed fund Startup 1776 is taking space at Brooklyn’s BLDG 77.
Nothing like the real thing: Birchbox, the NYC platform that offers makeup and skincare samples in nifty gift boxes, has started bulking sales with full-sized products at a SoHo retail outlet.
Finally: The president has new wheels. Ground Force One, a $1.1 million armor-plated bus, is the latest addition to the White House fleet. (There’s a matching decoy. Same price.)
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Compiled by John Kominicki. Thanks for reading this far.