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Applied LifeSciences & Systems raises $7M, to accelerate commercialization of poultry tech

by WRAL TechWire May 14, 2021 .
MORRISVILLE – New funding in the form of $7 million in A Series B fROUND will accelerate the commercialization of the automated and individualized poultry vaccination systems, SAYS Morrisville-based Applied LifeSciences & Systems, or ALSS.
The round was co-led by Merck Animal Health and Mountain Group Partners, and included an investment from Oval Park Capital, a Raleigh-based early-stage investment firm, which was also an early investor.
According to the company, its high-speed imaging, feature recognition, artificial intelligence, robotics, and microfluidics proprietary technologies are integrated in a system developed to address a significant challenge for the commercial poultry industry: successful, efficient vaccinations. ....

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NC Commerce: Secretary Sanders Begins Commerce Service Focusing on Innovation, Entrepreneurship, and Inclusion

NC Commerce: Secretary Sanders Begins Commerce Service Focusing on Innovation, Entrepreneurship, and Inclusion
nccommerce.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from nccommerce.com Daily Mail and Mail on Sunday newspapers.

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Startup Spotlight: 29 emerging companies across NC share $1.5M in One NC Small Business Program grants

by Barry Teater, NCBiotech writer February 8, 2021 .
RESEARCH TRIANGLE PARK – Twenty-nine technology companies across North Carolina – about half of them working in the life sciences – have received grants totaling $1.5 million to foster job creation and promote research and technological development in response to the COVID-19 pandemic.
The grants were awarded by the One North Carolina Small Business Program with funds from the state’s share of the $2.2 trillion federal Coronavirus Aid, Relief and Economic Security (CARES) Act of 2020.
The program is administered by the Office of Science, Technology, & Innovation, a division of the N.C. Department of Commerce, on behalf of the Board of Science, Technology & Innovation, which encourages, promotes, and supports scientific, engineering, and industrial research applications in the state. ....

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