NewHavenBIZ

New Haven Biz-November 2021

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n e w h a v e n b i z . c o m | N o v e m b e r 2 0 2 1 | n e w h a v e n B I Z 5 A r o u n d t h e R e g i o n Soware of Florida. CoreChain, which is based at District in New Haven, launched in September 2020. In a time when many businesses are still paying bills with paper checks, CoreChain aims to streamline and modernize B2B payments and reduce fraud risk. Its blockchain database technology creates a network of buyers and sup- pliers for moving funds, so all parties can see a transaction's status in real time. Scanco, launched in 1989, provides mobile warehouse and manufacturing automation products and services. e companies' combined technol- ogies are expected to make block- chain-powered payments and financ- ing available to warehousing and B R I E F S BY THE NUMBERS 4,700 The estimated number of jobs Connecticut added in September, the ninth consecutive month of job growth. manufacturing industries, according to an announcement. e companies plan to work togeth- er to integrate CoreChain's payments network with Scanco's soware prod- ucts. Since its launch, CoreChain has processed over $500 million in B2B payments. Guilford's Butterfly Network debuts upgraded vet ultrasound device Patients who bark, meow and neigh are set to benefit from a device from Guilford-based Butterfly Network, the iQ+ Vet Ultrasound. e device is designed for veteri- narians and comes with presets to aid in procedures involving the bladder, musculoskeletal, small organ and vascular systems of small animals, as well as horses. e iQ+ Vet Ultrasound, the second generation of the device, features sharper imaging, a new procedural guidance tool and hardware upgrades. Improvements include color-doppler sensitivity, increased max depth, a 15% smaller probe face and an up to 20% increase in battery life. As part of the rollout of the new device, Butterfly also announced a col- laboration with Rarebreed Veterinary Partners, a vet-practice management company that will use the iQ+ Vet at its affiliated clinics. n As a full-service accounting firm, we offer a depth of assurance, advisory, and tax services comparable to what national firms provide, but with the undivided attention and care for detail that we would expect for our own ventures. Contact us today to see how we can help you rest assured. Does your CPA firm make you feel like this? FMLCPAS.com | 860-657-3651 Glastonbury • New Haven • Enfield• Stamford • Stafford Springs $250M The amount of money Eversource Energy plans to invest in electric vehicle charging infrastructure in Connecticut and Massachusetts. 75% The percentage of eateries reporting to the Connecticut Restaurant Association that sales still remain weaker than pre-pandemic, according to a recent survey. $42.3B The new total of Yale University's endowment, after the college reported $12.1 billion in gains on its endowment for the fiscal year ending June 30. PHOTO | CONTRIBUTED CoreChain is based at District, a New Haven co- working space.

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