NYC’s Vroom closes $50M expansion round
Vroom, the online used-car platform headquartered in NYC’s Flatiron district, has raised $50 million in a Series E round, the company announced Tuesday. The money will be used to resume…
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Feinstein eyes bioelectronic BP breakthrough
A new study by the head of the Feinstein Institute for Medical Research may open the door to bioelectronic treatments for hypertension and high blood pressure. In a study published…
Hofstra mechatronics lift SBU startup
By GREGORY ZELLER // Well, that worked just like they drew it up. Inside three short months, ThermoLift’s strategic research partnership with Hofstra University’s Center for Innovation has engineered advanced…
High caliber, high finance at LICA capital forum
By GREGORY ZELLER // If you’ve ever considered investing in smartphone-based job-candidate psychoanalysis, this was your event. Pitching everything from real-time commuter scheduling apps to, yes, a “mobile-powered talent-assessment system,”…
New York’s offshore dreams now have a blueprint
Albany has released a strategic plan to advance the development of offshore wind resources along New York’s coastline, including a giant wind farm 12 miles off Long Island’s shores. Governor…
Albany electrifies municipal ZEV efforts
By GREGORY ZELLER // Albany is opening its pocketbook to municipalities building new electric-vehicle infrastructure. The governor’s office announced this week that $3 million in funding is available for New…
Critical Island roads set for DOT facelift
More than 12 miles of state-owned Long Island roads will be resurfaced through a multimillion-dollar, multiyear paving effort, Gov. Andrew Cuomo announced Tuesday. Slated to begin this week, the $11.6…
Cuomo raises a glass to craft-beverage industries
Good news for Long Island Wine Country and the Island’s other burgeoning craft-beverage industries: Albany is updating “archaic” laws to allow vineyards and microbreweries to sell any New York-made “farm…
Survey: Voters trounce Trump tax plans
More taxing news for the Donald Trump campaign: Americans overwhelmingly prefer Hillary Clinton’s tax plans to Trump’s, according to a new survey released by personal finance platform Wallethub. With questions…
Spectronics signs new EMEA distribution deal
An exclusive distribution agreement with the subsidiary of a global fine-chemicals dealer will expand Spectronics Corp.’s presence in Europe, the Middle East and Africa. The Westbury-based manufacturer of ultraviolet and…
With iOS 10, Nomorobo is ready to rock
By GREGORY ZELLER // Telemarketer terminator Nomorobo, slayer of 135 million robocalls and counting, slides onto iOS devices for the first time Tuesday, when Apple releases its anticipated iOS 10…
When Elon Musk came to Shoreham
By GREGORY ZELLER // Spoiler alert: He hasn’t, yet. But with the South African-born Canadian-American magnate, engineer and inventor already investing $1 million in the Tesla Science Center at Wardenclyffe…
Survey: No brain drain at Farmingdale State
Brain drain? Not at Farmingdale State College. The State University of New York school is trumpeting a recent survey of alumni that shows 90 percent of bachelor’s degree recipients are…
Pitch Night heralds latest LI LaunchPad
By GREGORY ZELLER // The newest member of the LaunchPad Long Island family will celebrate its grand opening with a showcase of regional innovation. LaunchPad Westbury, an 8,000-square-foot co-working space…
Proposed plant applauds renewable/fossil study
As renewable programs struggle to set a new national energy tone, the Long Island-based subsidiary of a major independent power producer is lauding a new international study calling for greater…