No. 275: On pipelines, solar farms, industrial parks and local innovators spreading around the world – without leaving LI

Solitary Man: Neil Diamond, who will be honored Jan. 28 with the Recording Academy's prestigious Lifetime Achievement Award, turns 77 today.

And you were there: Welcome, dear reader, to a fairly quirky Wednesday, chronologically speaking. Turns out Jan. 24 is less likely to fall on a Monday or Wednesday (56 times every 400 years) than a Friday or Saturday (57 times) or a Tuesday, Thursday or Sunday (58).

It was a Thursday, way back in 41 AD, when Roman Emperor Caligula was offed by his own Praetorian Guard; a Tuesday, in 1989, when notorious serial killer Ted Bundy was offed by the State of Florida; and a Sunday, in 1965, when bedrock British PM Winston Churchill succumbed to complications from a stroke (coincidentally, on the same date his father, Lord Randolph Churchill, perished in 1895).

Happier notes: Happy birthday Ernest Borgnine (1917-2012), Oral Roberts (1918-2009), Neil Diamond (1941), Warren Zevon (1947-2003), John Belushi (1949-1982) and Mischa Barton (1986), among others.

And happy re-birth to the Dakota Access Pipeline, executive-ordered back into service one year ago today by President Trump. (This week, reports surfaced that the leaky DAPL, which runs underneath Lake Oahe, main water supply for the Standing Rock Sioux Tribe, was intentionally rerouted away from mostly white North Dakota suburbs by the U.S. Army Corps of Engineers. Ruh-roh.)

So, oil or solar? Eagles or Patriots? Borgnine or Vigoda? Share your picks at editor@innovateli.com, along with story ideas, calendar suggestions and other juicy socioeconomic commentary.

Dim watts: Before we jump into the week in Long Island innovation, we’re still trying to comprehend the presidents decision to impose a 30-percent tariff on solar cells imported into the United States – a “pro-American jobs” move that will actually cost 23,000 good-paying U.S. jobs this year alone and “cancel billions of dollars in investments” in U.S. solar companies, according to the national nonprofit Solar Energy Association.

 

BUT FIRST, THIS

Hot stuff: Physicians at Northwell Health’s Imbert Cancer Center and Southside Hospital, both located in Bay Shore, are now offering abdominal-cancer patients a high-dose localized chemotherapy option known as hyperthermic intraperitoneal chemoperfusion.

Leveraging the proven fact that heat is known to weaken cancer cells, the procedure involves a 90-minute dose of warmed chemotherapy administered directly to cancerous cells during surgery. This permits a higher absorption rate than administering chemotherapy through the blood stream, Northwell Health said Tuesday.

The innovative treatment, which is being offered by Northwell Health facilities for the first time, is designed specifically for patients with ovarian, uterine, colon and other abdominal cancers.

Shutdown rundown: The federal government reopened Tuesday after a three-day hiatus, but Congress only punted the ball – the same spending showdown will happen again in February, unless something drastic happens first.

With another default looming, our friends at WalletHub offer this cheery bit, at least for those of us in the Empire State: New York is actually one of the least-affected states when the fed fails. That’s because we rank 43rd in the nation insofar as the percentage of federal jobs located here; 42nd regarding federal contract dollars per capita; and 49th in federal small-business lending per capita.

Unfortunately, federal shutdowns are not as easy on some of New York’s most vulnerable: According to WalletHub, the state ranks 7th in the nation for the percentage of its children receiving Child Health Insurance Program services.

 

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TOP OF THE SITE

Bright ideas: With development of the first 40 acres underway, Middle Island Solar Farm is eager to sit down with the Town of Brookhaven to discuss future phases of its ambitious Mastic-based project.

Here to stay: Product-design specialist Intelligent Product Solutions has been acquired by a Florida-based manufacturer with strong international ties – but the Hauppauge-headquartered maker isn’t going anywhere.

Right site: With Asian-Pacific textile and pharmaceutical markets exploding, Stony Brook-based supply-chain authenticator Applied DNA Sciences thought long and hard before settling on Ahmedabad, India for its new satellite laboratory.

Industrial revolution: The Hauppauge Industrial Association, the Suffolk County IDA and regional planners are joining forces to work up the best possible expansion plan for the already-massive Hauppauge Industrial Park.

 

STUFF WE’RE READING

Wide world of tech: Why U.S. Olympic Committee biomedical engineer Mounir Zok – the guy who brainstorms new gear and wearable technologies designed to help America’s top athletes avoid injury and improve performance – is more focused on the IoT than the IOC.

Greener blue jeans: Scientists may have found a more ecologically friendly way to give your favorite bell bottoms that perfect indigo hue – thanks to an engineered strain of the E. Coli bacteria.

Ones to watch: With the 2018 Consumer Electronics Show in the books, PitchBook runs down the startups and trends to watch in the coming year (parents will like the augmented-reality toothbrush that makes teeth-cleaning a game).

Hey, look over here! Venture capitalists are increasingly casting their eyes, and investments, outside of Silicon Valley – a trend that, according to Inc.com, will benefit three states in particular (none of which, unfortunately, is New York).

 

RECENT FUNDINGS

+ Bolt Threads, a California-based developer of programmable fibers and fabrics, secured $123 million in Series D funding.

+ Bio-Optronics, a Rochester-based provider of software for healthcare organizations, received a $30 million investment from Mainsail Partners.

+ Cargo, a New York City-based in-car commerce platform for the rideshare economy, raised $5.5 million in seed-preferred financing from backers that included eighteen94 capital and Kellogg Company’s venture capital fund, among others.

+ Ollie, a New York-based luxury co-living space startup, raised $15 million in funding led by Aviva Investors Real Estate Capital, with participation from the Texas Employees Retirement System and The Moinian Group.

+ Varo Money, a San Francisco-based mobile banking app, raised $45 million in Series B funding led by Warburg Pincus and The Rise Fund.

+ Visible Alpha, a New York-based distribution network and analytics platform for asset Managers, raised $38 million led by Goldman Sachs/Banco Santander, Santander InnoVentures, Exane BNP Paribas, Macquarie Group, Royal Bank of Canada, Wells Fargo, Bank of America, Citi, Jefferies, Morgan Stanley and UBS.

+ ForUSAll, a San Francisco-based 401(k) advisor platform for small to mid-sized businesses, raised $21 million led by Ribbit Capital.

+ Pandion Therapeutics, a Massachusetts-based biotechnology company developing antibody therapeutics, completed a $58 million Series A financing round.

+ NurseGrid, an Oregon-based healthcare scheduling and staffing technology platform provider, closed a $5.7 million funding round led by Hatteras Venture Partners with participation from existing investors Excelerate Health Ventures, Toba Capital, HealthBox and the Portland Seed Fund.

+ Apartment List, a San Francisco-based online apartment rental marketplace, raised $50 million in Series C funding.

+ Roofstock, a California-based online marketplace for buying, owning and selling single-family rental homes, raised $7 million in Series C funding from SVB Capital, Asia Pacific Land, et al.

 

BELOW THE FOLD

Land of the freelance: The highest-paying freelance jobs, according to the Freshbooks 2018 Earnings Index: Interior designer and marketer (both $75/hour), web designer ($65/hour), graphic designer ($61/hour), photographer/illustrator and writer/editor (all $55/hour).

Renaissance man: He’s a former NFL player, an actor and a surprising voice in America’s sexual-assault reckoning – but as an entrepreneur, Terry Crews finally knows true terror.

Senior circuit: Why one Chelsea gallery only features artists older than 60.

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