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HARTFORDBUSINESS.COM | DECEMBER 27, 2021
INNOVATION
Largest Connecticut Innovations aid recipients
(Ranked by amount of funding, FY 2021, then number of jobs created)
Largest Connecticut Innovations aid recipients
(Ranked by amount of funding, FY 2021, then number of jobs created)
Number of full-time
jobs
Rank Recipient
Amount
funded
Type of funding/
Fund
Amount
leveraged Retained Created Type of business
Top executive/
Title
1
Enko Chem Inc.
62 Maritime Drive
Mystic, CT 06355
enkochem.com
$4,400,000
Equity, Debt
CBIF, Venture debt
$45,300,000 20.0 1.0 Agriculture, bioscience
Jacqueline Heard
CEO
2
Point Pickup
Greenwich, CT
www.pointpickup.com
$2,000,000
Convertible debt
CBIF
$3,300,001 5.0 3.0 Healthcare services
Tom Fiorita
CEO
3
Triax Technologies Inc.
18 Marshall St.
Norwalk, CT 06854
203-803-9879; triaxec.com
$1,500,000
Equity
Eli Whitney
$5,750,000 37.0 NA Information technology
Robert Constantini
CEO
4
Diameter Health Inc.
400 Farmington Ave.
Farmington, CT 06032
978-717-1401; diameterhealth.com
$1,166,998
Equity
Eli Whitney
$15,633,002 1.0 15.0 Information technology
Eric Rosow
CEO
5
Payveris
200 Corporate Place, Suite 200
Rocky Hill, CT 06067
860-896-8350; payveris.com
$1,100,000
Debt
Venture debt
$3,300,000 7.0 18.0 Information technology
Jeffrey Weikert
President
6
Sema4
1 Commercial St.
Branford, CT 06405
800-298-6470; sema4.com
$1,000,000
Equity
Eli Whitney
$120,000,000 220.0 280.0 Bioscience
Eric Schadt
Founder & CEO
7
IsoPlexis Corp.
35 N.E. Industrial Road
Branford, CT 06405
415-971-7484; isoplexis.com
$1,000,000
Equity
Eli Whitney
$98,999,999 5.0 201.5 Diagnostics
Sean Mackay
Co-founder & CEO
8
Inbox Health Inc.
770 Chapel St.
New Haven, CT 06510
866-480-2699; inboxhealth.com
$1,000,000
Equity
Eli Whitney
$14,000,000 10.0 23.0 Information technology
Blake Walker
CEO
9
Azitra Inc.
400 Farmington Ave.
Farmington, CT 06032
860-679-4292; azitrainc.com
$1,000,000
Equity
CBIF
$16,997,633 8.0 5.5 Bioscience
Francisco Salva
CEO
10
Lumeda
101 Hammer Mill Road, Suite K
Rocky Hill, CT 06067
860-982-9588; www.lumedainc.com
$1,000,000
Convertible debt
CBIF
$3,300,001 5.0 3.0 Healthcare services
Alexander Zinke
CEO
11
DiA Imaging Analysis Inc.
77 HaEnergia St.
Be'er Sheva, Israel
972-777648318; www.dia-analysis.com
$1,000,000
Equity
CBIF
$10,250,000 NA 2.0 Digital health
Hila Goldman-Aslan
CEO
12
ReNetX Bio
157 Church St., 19th Floor
New Haven, CT 06510
www.renetx.com
$1,000,000
Equity
CBIF
$1,800,001 3.0 1.5 Bioscience
Erika Smith
CEO
13
Wise Owl Holdings LLC
Owl's Brew
New York, NY
theowlsbrew.com
$1,000,000
Equity
Eli Whitney
$7,500,000 2.0 1.0 Beverage
Jenni Ripps
CEO
14
Artizan Biosciences
150 Munson St., Suite 210
New Haven, CT 06511
www.artizanbiosciences.com
$1,000,000
Equity
CBIF
$9,756,872 11.0 NA Bioscience
Bridget Martell
James Rosen
co-CEOs
Sources: CT Innovations & company websites.
Notes: Jobs retained and created may be attributable to more than one instance of aid received in the same year. Amount leveraged represents the amount the company was able to secure via other sources such as bank lenders or venture capital
investors. NA= Not applicable; CBIF = Connecticut Bioscience Innovation Fund. This list was originally published in the September 2021 issue of New Haven Biz.
—Compiled by Timothy Doyle.
