$900,000 to support tech development in KY
Nine innovative Kentucky companies will receive a total of $900,000 in state matching grants to support high-paying jobs and technology development in the commonwealth. The grants are part of the commonwealth’s nationally recognized Small Business Innovation Research (SBIR) and Small Business Technology Transfer (STTR) Matching Funds Program.
Ky tech helps paralyzed man stand
Another reminder of the amazing health care research being done in our city: A man who has been paralyzed for 39 years was able to stand and move his toes and ankles due to an epidural stimulation technique developed at the Kentucky Spinal Cord Injury Research Center. The study, called “The Big Idea,” is led by UofL professor Susan Harkema and is funded by the Christopher and Dana Reeve Foundation.
Kroger to build innovative fulfillment center in Louisville
Kroger is expanding its fulfillment network to Louisville with the addition of a spoke facility. The 50,000-square-foot facility, to be located on Robards Lane, will combine vertical integration, machine learning, and robotics to provide food delivery service. The facility is expected to become operational later this year and will employ up to 161 full-time associates.
T2 Software acquired
Louisville-based audio startup T2 Software has been acquired by Santa Barbara-based Sonos, an American developer and manufacturer of audio products. T2 Software has been working on Bluetooth Low Energy (LE) and a codec called LC3, which is designed to deliver improved audio quality at lower bitrates – boosting battery life on headphones.
Render’s second Reconstruct Challenge
Render is deploying a second national prize competition through the successful Reconstruct Challenge platform. The Challenge, funded by Access Ventures, will grant $100,000 each to five innovations that address barriers to employment in the Louisville region.
Launch Blue announces spring cohorts
Launch Blue has announced the spring cohorts for both its pre-seed accelerator and UAccel programs. The cohorts include three Louisville companies: Melanated Healthcare, a mobile application that was created to assist black and brown patients locate Melanated Healthcare professionals; Moolathon, a social fundraising platform and fitness tracker (here’s our interview with CEO Mac Wilkinson); and XpressRun, a platform that enables same-day and next-day delivery for e-commerce businesses.