Virtual Peaker raises $16.6M
Hometown company does good! Virtual Peaker, which provides modern utilities with a distributed energy platform, raised $16.6M in Series A funding in a round that was led by Louis Bacon’s Moore Strategic Ventures with participation from Emerson Ventures. The company plans to use the funds for further product development, sales, and other functions. Click here to read Louisville Future’s 2020 interview with Virtual Peaker’s founder Bill Burke.
Humana and UofL partner on Health Innovation Hub
Humana and the University of Louisville are investing up to $25 million in a Health Innovation Hub with the goal of advancing health equity and outcomes for marginalized populations. The hub will focus on research, talent development, entrepreneurship, and skills to attain better jobs. Dr. Monica Wendel, a public health researcher with experience addressing these types of issues will lead the hub at UofL.
Making KY an agritech capital
A Kentucky-Netherlands Agritech collaboration that plans to make Kentucky an agritech capital in the U.S. by 2030, has added nine new members. Joining the effort are the Kentucky Horticulture Council, Kentucky State University, and Wageningen University & Research in the Netherlands, as well as Kentucky-based companies AppleAtCha, Kentucky Fresh Harvest, and AppHarvest, which helped spearhead the initiative. The initiative aims to provide fresh, local and affordable food to more people, use fewer land and natural resources and create sustainable skilled jobs within the sector.
KCTCS unveils mapping program
The Kentucky Community & Technical College System (KCTCS) unveiled a first-of-its-kind online mapping program that visualizes, aggregates, and analyzes education, workforce and socioeconomic data in every county across the Commonwealth. The tool is designed to improve lawmakers’, community leaders’, researchers’ and other stakeholders’ understanding of the trends emerging at the intersection of education and workforce development.
Federal money for EV charging infrastructure
Kentucky could receive as much as $10,280,470 from the U.S. Department of Transportation to deploy and expand its electric vehicle (EV) charging infrastructure. The money is part of $5 billion states will receive over the next five years under the new National Electric Vehicle Infrastructure (NEVI) Formula Program.
Developing an automated seizure detection system
Lexington-based Signal Solutions has received a $1.725 million grant from the National Institute of Neurological Disorders and Stroke of the National Institutes of Health to develop an automated seizure detection system for epilepsy.