Portfolio company updates including new partnerships, new executives, board members, and more
Introduction to new Anzu legal team member
Hi everyone,
In July, we celebrated the promotion of Dr. Jimmy Kan as our newest partner at Anzu. Jimmy joined Anzu as an Associate as we closed our first venture fund in 2017. As the firm has grown, Jimmy has been indispensable as a team member, a leader, and a partner to our investors and portfolio companies.
When Jimmy joined Anzu, our firm was still in its early days, and we are grateful to him for taking a risk on us, just as Jimmy has taken on a risk on entrepreneurs and founders in our portfolio. With a Ph.D. in magnetic materials, Jimmy transitioned from a role as an accomplished engineer at Qualcomm (with 20+ patents to his name) to an investor role, bringing both technical depth and market insight to the team.
Based in Anzu’s San Diego office, Jimmy is a core member of the investment team, originating new investments and actively supporting portfolio companies, and progressing to Senior Associate in 2018 and Principal in 2020. Jimmy serves on the Board of Directors of Aspinity, Niron Magnetics, EnCharge AI, South 8 Technologies, and Liquid Instruments, and serves as a board observer at Arduino and TeraPore Technologies. Across these investments, Jimmy has emerged as a thought leader in semiconductor innovations, edge computing, and machine learning.
Inside the firm, Jimmy has shaped many of the core investment processes – from pipeline management to portfolio reviews – that are central to delivering for our investors. As Jimmy joins the partnership, we look forward to his continued contributions and thank him for his continued support as we build the firm together. Please join us in congratulating Jimmy!
Sincerely,
David, David, and Whitney
PORTFOLIO COMPANY UPDATES
Niron Magnetics and GreenSpur Wind Collaborate to Develop New Rare Earth-free Generator Solution for the Offshore Wind Market
Niron Magnetics, the company pioneering the world’s first high-performance, rare earth-free permanent magnets, and GreenSpur Wind, the company that has developed a new generator for the global offshore wind market, announced a collaboration to develop a new, lighter, and highly efficient rare earth-free generator solution for the offshore wind market.
Past iterations of the GreenSpur generator had attracted interest, but there were concerns about its mass. Keeping generator mass within the same range as existing machines is important, as adding weight requires more structural support, which increases cost. By designing with Niron’s Generation 1 Clean Earth Magnet™, which offers significantly stronger magnetic performance than the ferrites used in its earlier generator designs, GreenSpur developed a new 15MW generator. Based upon initial non-optimized results, the new generator delivers a significant 56% reduction in mass.
These findings have been verified by ORE Catapult, the UK’s leading technology innovation and research center for offshore renewable energy.
BioFlyte, a bioaerosol surveillance firm with a disruptive new class of fieldable biological threat collection, detection, and identification solutions, announced that experienced and growth-oriented national security and public sector business leader Todd Sickles has joined the company as Chief Executive Officer.
Sickles most recently served as CEO of Tsymmetry, a Washington DC-based IT consulting and services provider to the federal government, primarily in the homeland security and public sector space. During the ten years he served as CEO, he oversaw and grew key mission-critical programs at Department of State and DHS and collaborated with various federal civilian law enforcement and intelligence agencies. Under his leadership, the firm grew over 300% and pivoted from a staff augmentation services organization to an award-winning government prime contractor. Prior to his tenure at Tsymmetry, Sickles held senior roles within business development, business unit and divisional management, and senior client relationship management at Accenture and BAE Systems IT.
InterVenn Expands Global Presence to Drive the Potential of
Glycoproteomics to Improve Patient Outcomes
InterVenn Biosciences, a clinical technology company leveraging glycoproteomics to transform the future of healthcare, announced that it has expanded its global presence with the opening of multiple new locations in Asia-Pacific and North America.
The company’s new facilities include Mandaluyong, Philippines; Kuala Lumpur, Malaysia; Melbourne, Australia; and San Diego, California, adding a large footprint of state-of-the-art laboratories and office space for scaling up InterVenn’s software development, technical support, clinical research, and business development.
e-Zinc, the company enabling sustainable, long-duration energy storage with its zinc-air battery, announced that it has appointed energy and technology industry leader Ron Dizy to its Board of Directors. As a member of the board, Dizy will bring deep industry experience to help e-Zinc grow, commercialize its energy storage technology, and secure new funding.
Currently, Dizy is the Co-Founder and Managing Director at Red Jar Capital where he serves a dual role as an operator and investor in the technology and advanced energy sectors. At Red Jar, Dizy is responsible for managing the day-to-day operations, leading investments, and finding ways to consistently add value to Red Jar’s portfolio and partner companies. Dizy is also an active participant in the advanced energy sector, and he is frequently sought out as a consultant by government and energy agencies, and utility organizations.
John Sabl joins Anzu as General Counsel, and also serves as Senior of Counsel at Innovators Legal.
John is a leading deal attorney who has spent most of his career as a Corporate and Securities partner at Sidley Austin LLP, one of the world’s leading law firms. At Sidley, he handled a broad range of transactions, including mergers and acquisitions, IPOs and other public and private equity and debt offerings, private equity, venture capital, and strategic investment transactions, strategic partnerships, restructurings, and major contractual matters, corporate governance, and corporate counseling assignments. His clients included first-generation entrepreneurial entities, major established companies, investment banks, investment funds, institutional investors, and individuals.
His background spans a broad range of industries, including manufacturing, software and information services, communications and media, investment management, insurance and other financial services, and food and agribusiness.
John received his Bachelor's Degree from Stanford University and JD from Stanford Law School.
CAREER OPPORTUNITIES
Anzu Partners and our portfolio companies are hiring!
Browse the open roles here and learn more about joining our amazing teams.
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ABOUT ANZU PARTNERS
Anzu Partners is an investment firm that focuses on industrial and life science technology companies with the potential to transform their industries. Anzu works with entrepreneurs to develop and commercialize technological innovations by providing capital alongside deep expertise in business development, market positioning, global connectivity, and operations. For more information, please visit https://anzupartners.com/.
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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