Archive for January, 2018

Fox News Runs Story on Violet Defense Flu-Killing Technology

Posted on: January 31st, 2018 by Kirenaga Partners

We’re deep in flu season, and as we all try to avoid that annual boogeyman over a year where vaccine effectiveness has missed the target, Fox News has run a story on the potential importance of Violet Defense’s UV technology to keeping us all healthy.

We’ve said it before and we’ll say it again, but the unprecedented affordability and efficacy of the Violet Defense UV solution towards infection control makes the sky the limit for their potential. We look forward to seeing what comes next from founder Mark and the rest of his team!

To see the whole story, you can find the full video at the link below.

Full Video

ecoSPEARS Formally Urges GE and EPA to Review New Technology for Hudson River Clean-up

Posted on: January 26th, 2018 by Kirenaga Partners

As any New York native will tell you, the Hudson River is a tragically polluted waterway despite its proximity to one of the largest population hubs on the planet. The toxins primarily responsible for this state are PCBs, poisonous chemicals with a long lifespan that were dumped into the river over the middle of the past century by General Electric (GE) before the extent of their deleterious effects were well-known. Now, our partners at ecoSPEARS are looking to turn the Hudson River story around.

ecoSPEARS has formally asked GE, the Environmental Protection Agency (EPA), and state officials to review their recently commercialized, NASA developed technology as a solution to the Hudson River’s longstanding contamination problem. This technology, conceived by NASA to solve their own PCB related issues and exclusively licensed by ecoSPEARS, would allow for the rapid and permanent removal of PCBs from the Hudson River system with a fraction of the financial cost and environmental disruption of alternative measures. Considering current clean-up efforts using existing technologies have failed to meet clean-up plan targets thus far, we at Kirenaga hope that, for the sake of all residents near the Hudson River, this new technology is given the serious consideration it deserves.

For more information, the full press release can be found at the link below.

Press Release

Bloomberg Announces Plenty’s Plan to Build 300 Indoor Farms in China

Posted on: January 22nd, 2018 by Kirenaga Partners

Bloomberg posted an article announcing that our partners at Plenty Inc. plan to use their disruptive Agri-Tech to build 300 indoor farms near major Chinese population hubs to bring produce of unprecedented quality to those metropolitan areas. While Plenty has already experienced explosive growth, we at Kirenaga remain true believers that Plenty has only begun to tap the worldwide opportunity set available to them, and are thrilled to see them taking their first steps into the international market.

You can find the full article at the link below.


Violet Defense Unveils Cutting-Edge Germ-Killing Technology at CES Show

Posted on: January 12th, 2018 by Kirenaga Partners

Violet Defense is again making waves, this time at the International Consumer Electronics Show (CES). Especially turning heads is Violet Defense’s new S.A.G.E. UV Micro unit, which allows unprecedented portability of their advanced germ-eradicating technology.

You can find the full press release at the link below.


BOOM! AdvisorEngine Becomes Second Kirenaga Company to Hit Nine Figure Valuation

Posted on: January 2nd, 2018 by Kirenaga Partners

This morning AdvisorEngine announced a series of transformational transactions that increased its valuation to over $100 million, and affirmed its status as the leading technology platform for financial advisors to manage and grow their business.

First, AdvisorEngine acquired Junxure, the provider of the industry-leading client relationship management technology platform. Junxure is used by 1,400 financial advisory firms, with $600 billion of assets running through its platform. This transaction brings that additional scale and capability to the AdvisorEngine Platform.

To fund the Junxure acquisition and provide additional working capital for integration and future growth, AdvisorEngine received a commitment of $30 million from WisdomTree (NASDAQ: WETF), the publicly-traded asset management firm.

Finally, AdvisorEngine entered into and agreement that gives WisdomTree the option to fully acquire the remaining equity interests of AdvisorEngine with the closing to occur no later than January 15, 2019.

While an incredible amount of opportunity exists to continue to further expand its platform, we are exceptionally proud of the achievements to date from from the entire management team of AdvisorEngine, especially their CEO, Richard Cancro.

You can find the full press release at the link below.


Violet Defense Technology Gets Attention of Orlando Sentinel

Posted on: January 2nd, 2018 by Kirenaga Partners

The Orlando Sentinel ran an article today about Violet Defense founder Mark Nathan and his firm’s revolutionary UV technology. We at Kirenaga are excited to see our partners at Violet Defense beginning to get the attention they deserve for their disruptive new take on infection control, and eagerly anticipate future successes from them as their business continues to mature.

You can find the full Orlando Sentinel piece at the link below.