Fall 2023 Newsletter
Join us for Happy Hour on October 3 during Chicago Venture Summit Future-of-Climate-Tech Week.
Do you plan to attend the Chicago Venture Summit’s Future-of-Climate-Tech Week? If so, join us and co-host gener8tor Sustainability for Happy Hour on Tuesday, October 3, from 5 to 8 PM. We will feature exciting local climate tech startups.
Our event is quickly reaching capacity, so please register today!
View Other Partner Events During Chicago Climate Tech Week:
- OCT 2, Industrial Climate Tech Summit by Nomadic Venture Partners
- OCT 3, Co-Work at Kaplan Institute (Illinois Tech)
- OCT 4, Energize NEXT: The Climate Software Summit by Energize Capital
- OCT 4, ClimateTech Open House at mHUB
- OCT 4, Climate Tech VC Partner Breakfast by Earth Foundry
- OCT 4, DeepTech Expo by Evergreen Climate Innovations
- OCT 4, Climate Software Summit by Energize Capital
- OCT 4, Industry Lab Summits by 1871
- OCT 5, Chicago Venture Summit, Future-of-Climate-Tech 2023 by World Business Chicago
- OCT 5, Navigating the New Wave Emissions & Climate Risk Disclosures by Telesto Strategy Week
Portfolio Updates
Throne Labs:
We are thrilled to announce a new investment in Throne Labs, a DC-based startup revolutionizing the portable bathroom industry. Throne offers a self-monitoring, touchless bathroom experience superior to alternatives in traditional portable toilets and without the need for costly plumbing infrastructure. Our Residency Partners, MPC, are assisting Throne with some aspects of product development.
Participate in their ongoing Crowdfunding round on WeFunder before it closes on September 30, 2023.
Immersed:
Virtual Reality has promised an inflection point for some time now. It may finally be close. One of the main roadblocks to broader adoption has been the lack of headsets optimized for productivity and ease of use. Immersed has announced a groundbreaking new sub-$1000 lightweight VR headset, the Visor. The Visor will come in 2.5K and 4K micro-OLED per eye versions and is expected to ship as early as 2024. Intel’s CEO introduced Immersed’s Visor on stage last week during his opening keynote at the Intel Innovation Day keynote.
Pre-orders for Visor are LIVE now!
Immersed has also announced a SPAC deal with sponsor Maquia Capital Acquisition Corp. (NASDAQ: MAQCU), valuing the company at $150M. Immersed will go public on Nasdaq as “AIMR.” Read the full article.
GRIND:
Our Residency Partners are currently assisting GRIND in new product development.
Interesting Fact: The City of Houston declared August 12 as a GRIND DAY as a way for students to interact with the team and learn more about their products.
In August, Paul Couston and Ascent Integrated Tech made the ForbesUnder30Local list for Chicago. We’re proud to have our 4th Forbes30Under30 CEO!
You can now try a ZenBlen smoothie at Lakeshore East Fitness Center in the lobby. Monika and Shahaan of the Dipalo Ventures team are getting their smoothie fix!
Tales From The Hard Side
The latest “Tales From The Hard Side” episode features special guests Salvador Dueñas, Program Director at Chicago:Blend, and Tina Hrabak, Head of Platform at LongJump.
During the Collision Conference in Toronto, we did a “Tales From The Hard Side” episode with Josh Seerattan, Manager of Investment Relations and Principal at Wesley Clover.
Out and About
Here’s what’s coming up:
- SOSV Climate Summit, September 26–27.
- WebSummit in Lisbon from November 13–16. Rafiq will host a Masterclass and Judge the PITCH event.
- Dipalo Ventures continues its involvement at Illinois Tech’s Kaplan Institute. Shahaan is training students for the VC Investment Challenge. Monika is judging Innovation Day on December 1st.
Portfolio Job Opportunities
Are you or someone you know interested in joining any of these innovative teams?