In gluten-free baking, still room for innovation
BY GREGORY ZELLER // Bakers are no longer known primarily for innovation. Television contests may demand interesting new shapes for cookies and cakes, but in the early 21st century, virtually…
Startups
Sharestates lands $30M to expand RE investments
Sharestates, the Great Neck-based online real estate investment platform, announced a $30 million commitment from Ranger Direct Lending Fund that will expand the startup’s direct lending in residential, commercial and mixed-use properties…
BUFFALO WATCH: More Paychex for Western NY
In another non-Long Island score for Gov. Andrew Cuomo’s Start-Up NY program, former Buffalo Sabres owner Tom Golisano is spearheading a “multi-million-dollar investment” that will bring 267 new jobs to…
Traverse Biosciences inks R&D, licensing deal
BY GREGORY ZELLER // Stony Brook-based startup Traverse Biosciences has inked an exclusive R&D agreement that could lead to an $8 million sublicensing option. Traverse, a resident of the Long…
DEBRIEF: Michael Faltischek, LI Angel Network
As chairman of the board of the Long Island Angel Network – which has reviewed over 600 financing applications and brokered in excess of $5 million in investments – attorney…
CEWIT residents soft pitch the Angels
The board of the Long Island Angel Network heard presentations from four aspiring companies on Friday and, for a change, not one of them was asking for money. Soliciting investments…
Ashish Pandhi and James Knaus have a Bettr idea
By GREGORY ZELLER // Even Ashish Pandhi and James Knaus know it can’t be this easy. That’s why the entrepreneurs continue to tinker tirelessly on the functionality and marketing of…
Lift Stick wins $50K in Hofstra biz plan contest
Hofstra students Nick Calderon and Kevin McCroary won the $50,000 top prize in the annual CPXi VentureTech student business plan contest on Wednesday for The Lift Stick, a device that…
SulfCrete readies its breakout pitch
BY GREGORY ZELLER // A rock-solid Brookhaven National Laboratory commercialization prospect is ready for its close-up. SulfCrete, a stronger, more environmentally friendly alternative to traditional concrete, will share the spotlight…
Traverse readies the move to market
BY GREGORY ZELLER // Armed with a just-executed licensing agreement for a suite of anti-inflammatory drug therapies, two-year-old Traverse Biosciences is stepping up efforts to land the investors and strategic…
At Hofstra, collaboration without losing your stuff
BY GREGORY ZELLER // A Hofstra University effort to combine industrial and educational forces is breaking the innovation mold. And intellectual property rights are only part of the sea change….
Looking to make a splash
Industrialist Ramuel Maramara may have reinvented the way oceanic energy is harvested. If his artificial jellyfish proves seaworthy. That’s the next big test for Maramara and Brimes Energy, the Stony…
State’s job board sets record on tech employment
Tech-based jobs rule the roost on New York State’s Jobs Express website, an online resource looking to connect the unemployed with companies in search of fresh blood. According to the…
Accelerate LI to partner on $1.5M seed fund
New York State has awarded $1.5 million to a new seed fund designed to invest in downstate companies commercializing research from local laboratories and universities. The fund will be administered…
Startup House founder at Suffolk inventor’s meetup
Shmulik Shahar, founder of the Seed Startup House, discusses software and app development at the Suffolk County Inventors and Entrepreneurs Club, April 21, from 7 to 9 p.m. Shahar has…