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Fourteen teams from across the University of Colorado competed for a combined total of $1.25M in startup funding grants as part of the 2024 Lab Venture Challenge (LVC). 

Judges from across the network heard Shark-Tank-Style pitches across two evenings, one for innovations in biosciences, and another for physical sciences and engineering. Two RASEI Fellows, Gregor Henze and Adam Holewinski were members of two of the successful teams, being awarded a total of $250k in startup funding ($125k each). 

RASEI Fellow Adam Holewinski was the lead for EcoValeric Innovations, built around an electrochemical process that converts biomass-based building blocks (levulinic acid) into commodity chemicals (4-hydroxyvaleric acid (HVA)), versatile intermediates for producing biodegradable plastics, biofuels and green solvents. This scalable, renewable process has the potential to significantly reduce the reliance on fossil fuels in a sustainable fashion. Also on the EcoValeric team were CEO and CTO . 

RASEI Fellow Gregor Henze was the lead for Whisper Energy, built around the development of a wireless, battery-free sensor platform for smart buildings. Using machine learning to cut energy consumption by >30%, the platform can provide real-time data to optimize energy use, reduce emissions, and drive toward more energy efficient homes and commercial buildings. Developed through an initial $2M ARPA-E grant, it advances zero emissions in an economic and efficent manner. Gregor was supported by CEO and Technical lead .