Elemental Machines

Breakout Ventures Welcomes Five New Venture Partners

Retrieved on: 
Tuesday, March 26, 2024

Breakout Ventures , the home for creative bioscience entrepreneurs, is pleased to welcome five new venture partners.

Key Points: 
  • Breakout Ventures , the home for creative bioscience entrepreneurs, is pleased to welcome five new venture partners.
  • Walter advises numerous portfolio companies of VC and PE firms, including as a board member for Checkerspot, a Breakout Ventures investment.
  • Breakout supports our portfolio companies with more than just capital, and we are excited to welcome this group of insightful leaders.
  • To learn more about Breakout Ventures, visit: https://www.breakout.vc/ .

Elemental Machines Announces New SVP of Global Sales, Rob Estrella

Retrieved on: 
Tuesday, March 19, 2024

Data-driven laboratory and manufacturing operational connectivity pioneer Elemental Machines announced the addition of Rob Estrella as its new SVP of Global Sales.

Key Points: 
  • Data-driven laboratory and manufacturing operational connectivity pioneer Elemental Machines announced the addition of Rob Estrella as its new SVP of Global Sales.
  • Estrella joined Elemental Machines to support their continued and deep commitment to serving the life sciences market and growth of enterprise-level Internet of Things (IoT) technology across laboratory and manufacturing spaces.
  • Elemental Machines is focused on scaling the business to expand into new market categories and facilitating the client journey from incubator to enterprise.
  • Estrella brings 20+ years of commercial expertise, joining Elemental Machines from Science 37 where he was Global Head of Sales.

Elemental Machines Introduces Revolutionary Health Score Tool for Proactive Equipment Monitoring

Retrieved on: 
Tuesday, February 6, 2024

Data-driven laboratory and manufacturing operational connectivity pioneer Elemental Machines announces the launch of Health Score — a revolutionary predictive tool designed to assess and ensure the optimal functioning of laboratory freezers.

Key Points: 
  • Data-driven laboratory and manufacturing operational connectivity pioneer Elemental Machines announces the launch of Health Score — a revolutionary predictive tool designed to assess and ensure the optimal functioning of laboratory freezers.
  • This cutting-edge application expands Elemental Machines’ commitment to enhancing laboratory efficiency and equipment reliability through intelligent analytics and data science.
  • The Health Score algorithm evaluates hidden patterns in both the power usage and temperature changes in lab freezers, providing a proactive approach to maintenance.
  • “Our extensive research into these variations allows the Health Score to serve as an invaluable early warning system for equipment health,” adds Iyengar.

Elemental Machines Partners with Ganymede Bio to Expand Digital Laboratory Connectivity

Retrieved on: 
Tuesday, October 3, 2023

The partnership will allow Elemental Machines and Ganymede to better serve laboratory and manufacturing professionals with increased connectivity and access to data in a single digital platform.

Key Points: 
  • The partnership will allow Elemental Machines and Ganymede to better serve laboratory and manufacturing professionals with increased connectivity and access to data in a single digital platform.
  • Elemental Machines' connectivity to the hardware and the physical lab environment through sensor data is unparalleled and is an ideal complement to Ganymede.
  • "We are excited to join with Ganymede and add value for our customers' digitally integrated laboratory," said Kevin Ghiasi, Vice President of Integrations and Global Alliances at Elemental Machines.
  • Ganymede will be in booth #601 and Elemental Machines will be in booth #616.

Elemental Machines partners with Hopara to help labs optimize operations and avoid costly inefficiencies

Retrieved on: 
Thursday, September 21, 2023

This partnership will allow users to optimize asset utilization by better predicting and preventing downtime by leveraging Elemental's Intelligent Operations Platform and Hopara's Agile Digital Twins.

Key Points: 
  • This partnership will allow users to optimize asset utilization by better predicting and preventing downtime by leveraging Elemental's Intelligent Operations Platform and Hopara's Agile Digital Twins.
  • Now, users will be able to visualize all devices on an interactive floor plan, alongside real-time alerts, status, availability, and additional details via the Elemental Machines database.
  • Through this innovative software partnership, labs will establish a single, contextual view of their facilities inclusive of planning, monitoring, utilization, and scheduling.
  • "Adding Hopara to our Elemental Machines ecosystem provides customers with a visual representation of device-specific data, moving the industry closer to a true digital twin for the laboratory," said Sridhar Iyengar, Chief Innovation Officer at Elemental Machines.

Elemental Machines Announces Edward Seguine As New Chief Executive Officer

Retrieved on: 
Thursday, July 20, 2023

CAMBRIDGE, Mass., July 20, 2023 /PRNewswire/ -- Elemental Machines (EM), the pioneering developer of the comprehensive Intelligent Operations Platform for life sciences, has appointed Ed Seguine as Chief Executive Officer. Sridhar Iyengar, PhD, founder and incumbent CEO, will remain actively involved day-to-day as Chief Innovation Officer, leading the development of new products and solutions to address highly complex customer needs. Iyengar will also serve as the Chairman of the Board.

Key Points: 
  • CAMBRIDGE, Mass., July 20, 2023 /PRNewswire/ -- Elemental Machines (EM), the pioneering developer of the comprehensive Intelligent Operations Platform for life sciences, has appointed Ed Seguine as Chief Executive Officer.
  • "Ed's leadership and experience are exactly what Elemental Machines needs to scale our innovative technology platform to the next level," said Iyengar.
  • "It is a rare privilege to lead a company with the transformative possibilities of Elemental Machines," stated Seguine.
  • Elemental Machines' ability to monitor highly sensitive processes, instruments, and environments in research, manufacturing, and testing is tremendous.

Kapia and Elemental Machines announce strategic partnership to source European Distribution Partners

Retrieved on: 
Wednesday, April 5, 2023

CAMBRIDGE, Mass., April 5, 2023 /PRNewswire/ -- Elemental Machines is thrilled to partner with Kapia Partners in Europe to identify, connect with, and secure suitable distributors across the region.

Key Points: 
  • CAMBRIDGE, Mass., April 5, 2023 /PRNewswire/ -- Elemental Machines is thrilled to partner with Kapia Partners in Europe to identify, connect with, and secure suitable distributors across the region.
  • Elemental Machines' Intelligent Operations Platform combines the best of IoT technology with purpose-built software solutions to deliver actionable intel to operators in the life sciences and beyond.
  • Science and technology leaders trust Elemental Machines' ecosystem of hardware and software to deliver actionable insights that accelerate their pace of innovation.
  • The benefits of implementing the Elemental Machines' platform are nearly immediately realized and include:
    With Elemental Machines' advanced analytics, potential risks are easily identifiable before becoming costly issues.

Elemental Machines partners with System-c bioprocess to bring its IoT hardware solutions to the European biopharmaceutical industry

Retrieved on: 
Wednesday, March 29, 2023

CAMBRIDGE, Mass., March 29, 2023 /PRNewswire/ -- Elemental Machines, developer of the Intelligent Operations Platform, has entered into a partnership with System-c bioprocess as an authorized reseller of Elemental Machines' hardware solutions, servicing the biopharmaceutical industry in France.

Key Points: 
  • CAMBRIDGE, Mass., March 29, 2023 /PRNewswire/ -- Elemental Machines , developer of the Intelligent Operations Platform, has entered into a partnership with System-c bioprocess as an authorized reseller of Elemental Machines' hardware solutions, servicing the biopharmaceutical industry in France.
  • The partnership will allow Elemental Machines to expand its footprint further in European markets.
  • Under the terms of the agreement, System-c will be an authorized reseller and distributor of Elemental Machines' suite of IoT-enabled sensors, which operators can use to collect and unify data across their biopharmaceutical facilities.
  • "We are excited to partner with System-c and leverage their expertise in bringing innovative technology solutions to their bio-pharma customers,"said Dan Petkanas, Director of Global Alliances at Elemental Machines.

Elemental Machines renews its commitment to sustainability via a new partnership with Evertreen

Retrieved on: 
Wednesday, March 22, 2023

Through this collaboration, Elemental Machines will contribute to Evertreen's tree planting projects which are active in 12 countries worldwide.

Key Points: 
  • Through this collaboration, Elemental Machines will contribute to Evertreen's tree planting projects which are active in 12 countries worldwide.
  • "We are thrilled to partner with Evertreen on the important mission of sustainability," said Sridhar Iyengar, PhD, CEO and cofounder of Elemental Machines.
  • Elemental Machines' partnership with Evertreen represents a long-term commitment to sustainability.
  • Elemental Machines encourages others to join in the effort to create a sustainable future for all.

Elastic Path Raises $90 Million in 2022

Retrieved on: 
Wednesday, December 7, 2022

Elastic Path , the leader of the Composable Commerce Movement , is marking the end of 2022 with a total of $90 million in financing, 200% year-over-year growth in bookings, and 221 product releases.

Key Points: 
  • Elastic Path , the leader of the Composable Commerce Movement , is marking the end of 2022 with a total of $90 million in financing, 200% year-over-year growth in bookings, and 221 product releases.
  • The $90 million includes $60 million announced in February, plus a recent addition of $30 million in growth funding led by Sageview Capital with participation from additional existing investors.
  • This new capital will allow Elastic Path to accelerate its leadership in Composable Commerce.
  • Elastic Path is dedicated to reducing the complexity and risk of a multi-vendor approach by providing unparalleled partnership, enabling all brands to leverage Composable Commerce.