Throughout the last month, our portfolio companies have announced big tech partnerships, won impressive awards, appointed new executives, and more. As we approach the end of 2021, Anzu is dedicated to helping each of our portfolio companies close out the year on a strong note, while simultaneously driving our own continued momentum.
Here is a quick preview of the highlights from November:
GelSight announced a new partnership with Meta AI (formerly Facebook) to commercially manufacture the DIGIT tactile sensor
GelSight and Azumo were named winners in Fast Company’s first Next Big Things in Tech Awards in the Smart Machines category
GelSight and 6K were selected as honorees on the BostInno on Fire list in the Robotics and Clean and Green Tech categories respectively
InterVenn presented results from studies on two different applications of its perspectIV™ platform at the American Society for Mass Spectrometry and the American Society for Immunotherapy of Cancer Conferences
Partium and IBM entered into a collaboration to integrate its AI-based visual spare parts search into the IBM Maximo product suite
Thank you for your continued support.
Sincerely, David Michael, David Seldin, and Whitney Haring-Smith
PORTFOLIO COMPANY UPDATES
GelSight Partners with Meta AI to Democratize Digital Tactile Sensing
At the beginning of November, GelSight announced a partnership with Meta AI to commercially manufacture the DIGIT tactile sensor and expand the field of tactile sensing research.
While other human senses such as sight and hearing have already been replicated in robotic applications, touch is the next sense that will be digitized to enable robots to perform previously impossible tasks. By manufacturing DIGIT, GelSight is making digital tactile sensing more accessible to the global AI and robotics research community and enabling new industrial applications that require understanding surface and texture.
DIGIT is a reliable, low-cost, compact, high-resolution tactile sensor designed for robotic in-hand manipulation, developed and open-sourced in 2020 by Meta AI researchers. Utilizing GelSight’s technology, DIGIT can help improve robotic inspection for quality assurance, material properties identification, manufacturing, assembly process efficiency, and much more.
Fast Company recently announced the winners of its inaugural Next Big Things in Tech Awards, which recognize technology breakthroughs that promise to define the future of industries. GelSight and Azumo were both selected as winners in the Smart Machines category, which focuses on companies behind the technologies that are making the machines that we rely on daily smarter and helping them better “feel” and adapt to the world around us.
GelSight was recognized for helping robots develop the sense of touch, which will shape the future of industries like robotics, aerospace, manufacturing, and more. Azumo was selected for building screens that stand up to sunlight and praised by Fast Company as “the holy grail of mobile displays.”
BostInno on Fire honors 50 of the most impressive innovators in the Greater Boston region each year for raising money, growing their firms, bringing in new customers, launching new products, and boosting Boston's ecosystem.
GelSight earned its spot on the list in the Robotics category after raising $6 million as part of a $10 million offering of debt and other securities this year and announcing its partnership with Meta AI to manufacture the DIGIT tactile sensor. 6K was also recognized in the Clean and Green Tech category for its accomplishments this year including raising $51 million in Series C funding, announcing a new Battery Center of Excellence, adding former congressman Joe Kennedy III to its board of directors, and announcing plans to triple the size of its factory in the coming years.
InterVenn presents results from studies on applications of its perspectIV™ platform at two American Society Conferences
In November, InterVenn presented at both the American Society for Mass Spectrometry and the American Society for Immunotherapy of Cancer Conferences to share results from studies on various applications of its perspectIV™ platform.
American Society for Mass Spectrometry Conference: Based on a study of COVID-19 patients, InterVenn presented results demonstrating that glycoproteomic profiles in patients with a severe course of the infection are significantly different from those who experienced an asymptomatic course of the infection. The study results not only highlight another clinically important use of InterVenn’s perspectIV™, but also the potential of glycoproteomics to discover new biomarkers and novel insights into pathobiology.
American Society for Immunotherapy of Cancer Conference: At this conference, InterVenn presented results on a predictive signature developed using the perspectIV™ platform that is capable of identifying non-small cell lung cancer patients that will benefit most from immune checkpoint inhibitors. These results were an important step in InterVenn’s development and validation of its Dawn™ assay that will launch in 2022.
IBM enters into a collaboration with Partium to integrate its AI-based visual spare parts search into the IBM Maximo product suite.
Earlier this month, Partium announced a collaboration with IBM Maximo. With this partnership, IBM Maximo will be the first enterprise asset management system on the market to enhance its part search functionality through artificial intelligence technology.
IBM Maximo drives the digital transformation and changes towards mobile devices by leveraging Partium, the leading provider of enterprise part search using advanced visual and text processing through mobile smartphones, tablets, and web and desktop applications in industrial and retail environments.
The information contained in this newsletter is being provided by Anzu Partners for informational purposes only. The information was obtained from various sources, but Anzu Partners cannot assure its accuracy. This is neither an offer to sell nor a solicitation for an offer to buy an interest in any fund managed by Anzu Partners. Any such offer or solicitation will only be made to qualified potential investors pursuant to a private placement memorandum. Past performance is no guarantee of future results. Inherent in any investment is the potential for loss.
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