Skip to main content

Category: Business/Technology

Cellectar reports $2.3 million second quarter loss

Milwaukee Journal Sentinel

Noted: Cellectar was founded in Madison in 2003 by University of Wisconsin-Madison professor Jamey Weichert. Following a 2011 merger with a public company, Novelos Therapeutics, the corporate headquarters was moved to Massachusetts. The company moved back to Madison in 2014.

By Observing Humans in Slow Motion, Robots Learn to Collaborate with Us

MIT Technology Review

In a paper presented at Robotics Science and Systems in Rome in July, scientists at the University of Wisconsin-Madison describe how they taught a Kinova Mico robot arm to help people do the dishes. The key, apparently, is slowing down and letting human team members take charge. “We want robots to follow our lead, or at least plan their actions with an awareness of ours,” says Bilge Mutlu, associate professor of computer science, psychology, and industrial engineering and an author of the paper.

Madison start-ups compete for Silicon Valley trip

Milwaukee Journal Sentinel

Noted: Fetch Rewards has an app that makes grocery shopping easier. It was founded in 2013 by Wes Schroll, who was a University of Wisconsin-Madison student at the time

SmartUQ provides a faster way to do complex computer simulations with its analytics software, which helps companies reduce the complexity, time and cost of design cycles. It was formed in 2014 by Peter Qian, a statistics professor at the University of Wisconsin-Madison.

College students in the business of social change

The Charlotte Observer

It’s go-time tonight for eight college students participating in ImpactU, an accelerator program for college entrepreneurs. Following their ten-week program, they’ll have five minutes to pitch their business models to the start-up community during ImpactU Demo Day at UNC Charlotte Center City.

Here’s a quick look at the class of 2015’s participants, schools and projects:

 

Wiphala, from Jared Burris of University of Wisconsin-Madison, and Peter Rossi of Davidson College: This venture develops and manufactures llama fleece-based insulation, then sells it to apparel and bedding brands, retailers and manufacturers. This sustainable product can also increase Peruvian- or Bolivian- llama ranchers’ livelihoods.

Madison start-up to present at the White House

Wisconsin State Journal

Export Abroad, a software company that helps other firms with market research and sales leads in foreign countries, will be part of the first-ever White House Demo Day on Tuesday. Willy Hakizimana, 35, who co-founded Export Abroad in May 2014, said a San Francisco company that he works with nominated him for the event. Hakizimana came from Rwanda for an advanced degree in information systems at UW-Madison. “It’s just going to give us exposure and bring customers our way.”

Tom Still: With surging need for bandwidth, top public CIOs see urgent need for cooperation

State of Wisconsin CIO David Cagigal has a simple goal: To “never spend another dollar” on laying optical fiber cable for data projects involving state government and its partners. If that sounds unrealistic, consider that millions of miles of “dark fiber” — meaning, high-bandwidth fiber not in use — already exist in the United States. … Finding and lighting dark fiber will help Wisconsin prepare for the predicted bandwidth crunch brought on by the “Internet of Things” and the explosion in mobile devices, Cagigal and UW-Madison Chief Information Officer Bruce Maas told a July 28 meeting of the Wisconsin Innovation Network.

3D scanning technology at UW is helping with crime scene investigations

NBC15

Technology originally designed to study homes and heath with UW-Madison’s School of Nursing is now being used at crime scenes. Researchers at the Wisconsin Institutes for Discovery are hoping 3D scanning will make some of the most complicated crime investigations more efficient. Quoted: Kevin Ponto, assistant professor of design studies; Ross Tredinnick, systems programmer at the Living Environments Laboratory.

Madison equipped to become a startup city

Madison Magazine

In case you haven’t noticed, a startup scene is surging all across Madison. Ideas are taking shape at coffee shops and on campuses, in coworking spaces and accelerators. Emerging new companies and academic spinoffs are launching products and services. They’re attracting consumers and clients and finding and growing resources to give their dreams a go. If local entrepreneurs and civic and business leaders capitalize on the city’s size, location and unique culture—and make inclusivity a priority—Madison has all the makings of becoming a startup city.

Rostowfske to lead revenue growth efforts for food and beverage companies

Milwaukee Journal Sentinel

Noted: Rostowfske will receive training from the Food Institute of the University of Wisconsin-Madison extension, organizers said. He has been doing consulting work for nearly two years with Oscar Mayer, Palermos Pizza and other well-known brands. Before that, Rostowfske was director of innovation and new business development at Palermos, according to his LinkedIn profile.

The SWAMP helps keep hackers at bay

The Homeland Security grant provides $23.4 million over five years for the SWAMP program, which is a collaborative effort, based here in the Midwest: Morgridge is the lead institution and is responsible for building and operating the SWAMP; UW-Madison selects the software security tools and brings them into the SWAMP; Indiana University makes sure the SWAMP itself is secure; and, University of Illinois at Urbana-Champaign manages and stores the identities of those who use the SWAMP.

Bronson Koenig warns of Snapchat imposters

NBC15

The UW-Madison men’s basketball team rose to fame this year with their final four season, but some players are learning fame comes with a price.

Last night, point guard Bronson Koenig sent a tweet warning people that someone was posing as him on Snapchat. The tweet said, “Once again, there is an imposter running a fake snapchat account of me. If u receive a snapchat thinking its me & idk you its, it’s not me.”

UW study: Women-owned businesses provide growth opportunities for Wisconsin

Milwaukee Business Journal

A University of Wisconsin-Madison study has found that increasing the amount of women-owned businesses in Wisconsin could be an economic growth and development opportunity.

As of 2011 in Wisconsin, women owned or managed more than 80,000 businesses, employed over 550,000 workers and earned $45 billion in sales, according to the study’s authors, Tessa Conroy and Steven Deller. However, there is a significant lack of women-owned businesses in Wisconsin compared with those owned by men.

Total Water Treatment Systems quenches thirst for ultrapure water

Milwaukee Journal Sentinel

Biotechnology, pharmaceuticals, water technology and university research are all promising segments of the Wisconsin economy — and all need a special ingredient to stay in business:

Water that is so ultra-purified and sterile that it will never exist in nature and humans are not even advised to drink it. In 2003, it moved into a larger headquarters in Madison as it began to build water treatment reactors for the fast-growing companies related to biosciences, genomes, stem cells and drug manufacturing. It installed the ultrapure water infrastructure inside the city’s Wisconsin Institutes of Discovery, the massive University of Wisconsin-Madison research facility.

Social media helps researchers track wildlife in Madison

AP

Plenty of people use Facebook to keep up with friends. Now, a new UW research project is using social media to keep up with the lives of local foxes and coyotes.The UW Urban Canid Project, headed by David Drake and Marcus Mueller, is reaching out to the community for help in tracking and researching red foxes and coyotes in Madison urban areas.

Woodmans launches partnership with GrocerKey for online sales

Milwaukee Journal Sentinel

Noted: Neren figured out many of those things while running Munchie Delivery, an on-demand grocery delivery service that operates out of Capitol Centre Market in Madison, Vosseller said. Neren started Munchie Delivery in 2006, after graduating from the University of Wisconsin-Madison with a history degree.

Tom Still: Revisiting recent topics: Startups, innovation, trade, cybersecurity and more

Wisconsin State Journal

Noted: The WiSys Technology Foundation, which handles invention disclosures for all University of Wisconsin campuses outside Madison and Milwaukee, is reporting a record number of invention “disclosures” by faculty and students. There were 56 disclosures this fiscal year, the highest total in 10 years. Disclosures are ideas that can lead to new products, services and startups.

Lindberg launches a quest for high-performance computing projects

Milwaukee Journal Sentinel

Nick Lindberg is young, highly educated and technically savvy — and he’s aiming to bring more people like him to southeastern Wisconsin. A graduate of the University of Wisconsin-Madison with a masters degree in computer engineering, Lindberg had internships with Cisco Systems and Lockheed Martin. Then he moved to Rochester, N.Y., where he designed next-generation processors for IBM.

Nash: UW is a real job creator

Baraboo News Republic

UW–Madison is the fourth-largest research institution in the nation, with awards in 2013 reaching more than $1.1 billion. For the past 20 years, it has ranked among the top five universities overall for research funding from various sources. It also ranks sixth of all the nation’s universities for patents received.

Food and beverage start-ups get a helping hand

Milwaukee Journal Sentinel

Noted: It also would house offices for FaB Wisconsin, which has 135 companies among its members; support services, such as law and accounting firms; and possibly satellite offices for the state Department of Agriculture, Trade and Consumer Protection, University of Wisconsin-Madison College of Agricultural and Life Sciences and other institutions, Jurewicz said.

‘Nano-paper’ chips end up in compost heaps, not landfills

Engadget

Today’s cast-off gadgets are far more likely to end up in a landfill than they are being responsibly disposed of. In fact, 41.8 million tons of e-waste were scrapped last year alone. To combat this, a team from the University of Wisconsin-Madison has invented a radically new kind of ecologically-friendly semiconductor chip made from wood. No, seriously.

Career Enhancers Pursue an MBA to Move Up

U.S. News and World Report

Noted: At the School of Business at University of Wisconsin—Madison, MBA students choose a specialization, such as arts administration or real estate. They can immediately dive into classes that are of interest to them, says Blair Sanford, assistant dean for the full-time MBA program at the school.