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EV Shuttle and School Bus Manufacturer Endera Gains $49 Million to Support Growth

American Entrepreneurship

Magnetar, a global multi-strategy alternative asset manager, with additional support from Pulse Fund and strategic partner Pritchard Auto Company, made a $36 million equity contribution to the five-year-old company. In addition, Endera secured a $13 million credit facility.

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Steve Case Testifies on Expanding Access to Capital Across America

Revolution

Ive been grateful to see that support firsthand throughout my careerwhether through the passage of the JOBS Act , the creation of Opportunity Zones , or, most recently, the Regional Technology and Innovation Hubs (Tech Hubs) initiative. were on the platform. Based in Washington, D.C., Take Detroit, for example.

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i2E & Plains Ventures Surpasses $100M Milestone in Total Investments

Innovation 2 Enterprise

a nonprofit dedicated to fostering the growth of startups and entrepreneurs in Oklahoma, is proud to announce surpassing the $100 million mark in total investments. This achievement highlights their continued commitment to driving innovation and economic growth across Oklahoma and beyond. i2E, Inc., Novazyme Pharmaceuticals Inc.

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Woodchuck Raises $3.75M to Combat Construction Waste Crisis with AI-Driven Biomass Energy Platform

American Entrepreneurship

Our AI technology enables us to extract value from this waste, turning it into clean energy and enabling our clients to achieve their sustainability goals.” We’re proving that sustainability and strong economic growth can go hand in hand… This is an example that we are up to the task in creating opportunity in the process.”

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CoreWeave’s IPO Marks a Milestone for New Jersey’s AI Ecosystem

American Entrepreneurship

Today, it operates 32 data centers and supports over 250,000 Nvidia GPUs, serving clients like Microsoft, Meta, and OpenAI. CoreWeave, alongside its partners, is contributing to a $72 million investment into the initiative, including a planned NJ AI Venture Fund that will support early-stage innovation and AI commercialization.

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NJEDA Board Approves Two Programs to Advance New Jersey’s Leadership in Artificial Intelligence

American Entrepreneurship

AI presents a tremendous economic opportunity for New Jersey, poised to create good-paying jobs, catalyze new discoveries, grow our start-up community, and foster long-term economic growth, said Governor Murphy. Winners will also receive mentorship and advisory support from the Administrators network of subject matter experts.

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CSIT Awards Grant Funding to Seven Innovative Startups Aiming to Strengthen NJ’s Food Security Efforts

American Entrepreneurship

(January 3, 2025) The New Jersey Commission on Science, Innovation and Technology (CSIT) awarded over $500,000 in funding to seven New Jersey startups under the Food and Agriculture Research & Development Pilot Seed Grant Program. “Congratulations to the seven grant awardees, said CSIT Chair and BioNJ President and CEO Debbie Hart.