WeatherCheck founder launches new company
Demetrius Gray, founder of WeatherCheck, founded a fintech company in May 2021 and has now raised $104 million. The fintech, called Captain, offers a lending tool aimed at bridging the gap between policyholders, insurance companies, and contractors so that a homeowner can choose a contractor and have repairs completed within 30 days versus 180 days after natural disasters.
Legislation brings in bitcoin miners
Senate Bill 255 extended the commonwealth’s clean energy-based incentives to bitcoin miners who provide a minimum capital investment of $1 million, while Kentucky House Bill 230 provides miners a number of tax breaks. In the year since their passage, Kentucky and mining-focused businesses alike have reaped benefits from the legislation.
Render Capital taking applications for third competition
Render Capital announced the opening of applications for their third annual Render Competition. The competition aims to make funding more accessible to local early-stage startups in the Greater Louisville region, and will also help attract new entrepreneurs to the area.
Speed School offers STEM class for visually impaired
UofL’s Speed School of Engineering is offering an elective course focused on the design and prototype of educational models to enhance STEM education for blind or visually impaired (VI) students. Students of the class will become proficient in the development of models using CAD software to iteratively design and produce tactile educational prototypes with 3D printers.
FirstBuild’s latest product
FirstBuild, the co-creation community and open innovation lab backed by GE Appliances, a Haier Company, has launched a new product: a barbecue smoker that can be used indoors. Arden is able to be used indoors thanks to a unique smoke elimination system first innovated at FirstBuild for the Monogram Smart Hearth Oven.