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COVID-19 disrupts Hartford's efforts to become a startup magnet

COVID-19 disrupts Hartford's efforts to become a startup magnet
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Medtech firm CareClever considers local base as Hartford HealthCare partnership proves fruitful


By Sean Teehan steehan@hartfordbusiness.com
As homebound seniors have felt social isolation amid COVID-19 social distancing requirements, Hartford HealthCare and a tech startup are testing a robot capable of filling the void by connecting them virtually with people and activities.
The Cutii robot made by French company CareClever, which recently established a Hartford presence is currently being used by a Hartford HealthCare homecare patient, said Eric Smullen, HHC s vice president of operations for community networks. But based on early success, HHC is expanding the pilot program, pairing a second at-home patient with a Cutii robot this month.
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Eric Smullen ....

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Despite pandemic, CT companies post strongest venture fundraising year in nearly two decades


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Ron Bergamesca
CEO Ron Bergamesca said Payveris, which provides digital-payment products to banks and credit unions, will use that money to hire up to 25 new workers and boost marketing efforts. Entrepreneurs in Connecticut have long lamented the difficulties in getting attention from VC firms, but Bergamesca said Payveris location hasn t stymied its ability to raise money.
The [VC] interest level was more in 2020 than it was prior, Bergamesca said. I think Connecticut is primed well [for future investment].
Bergamesca’s bullish outlook isn’t just steeped in blind optimism.
In fact, Connecticut companies in 2020 had a banner year in securing venture investment, despite challenges posed by the pandemic. ....

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Connecticut companies see sensors as game-changing technology


Connecticut companies see sensors as game-changing technology
    WALLINGFORD, Connecticut (Hartford Business Journal) When Wallingford-based Amphenol Corp. announced plans last month to acquire sensor-technology company MTS Systems Corp. for $1.7 billion, the price tag was eyebrow-raising, but the strategy made sense.
“For many many years, we have seen more and more of our interconnect products being married together with some type of a sensor,” said R. Adam Norwitt, CEO of Amphenol, which makes electrical, electronic and fiber optic connectors, cables and interconnect systems for the telecommunications, aerospace and other industries. “We see demand for sensors growing, really, across all the markets where we’re focused.” ....

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CT companies see sensors as game-changing technology


When Wallingford-based Amphenol Corp. announced plans last month to acquire sensor-technology company MTS Systems Corp. for $1.7 billion, the price tag was eyebrow-raising, but the strategy made sense.
“For many many years, we have seen more and more of our interconnect products being married together with some type of a sensor,” said R. Adam Norwitt, CEO of Amphenol, which makes electrical, electronic and fiber optic connectors, cables and interconnect systems for the telecommunications, aerospace and other industries. “We see demand for sensors growing, really, across all the markets where we’re focused.”
Norwitt’s not the only one who sees growth opportunities in sensor technology, which is expected to blossom globally into a $287 billion industry by 2025, according to Allied Market Research. ....

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