Portfolio Company News


O'Hara-based Thar Pharmaceuticals files for IPO

08/22/2016

Thar Pharmaceuticals files for initial public offering worth up to $50M.

Read more in the Pittsburgh Post-Gazette


4moms Set To Release Self-Installing, Computerized Car Seat

08/19/2016

After six years of development 4moms is getting ready to debut a robotic, computerized self-installing car seat.

Read more and watch the video at CBSLocal



This startup requires all employees to work in a restaurant first — and it just landed $8 million from Yelp

08/11/2016

“Yelp announced it's making an $8 million investment in Nowait and integrating Nowait's technology into the Yelp app.”

Read more in Business Insider


Thread hires former Under Armour, American Eagle exec

08/03/2016
Thread, the Pittsburgh startup that recycles plastic bottles from Haiti and Honduras into fabric, has hired an Under Armour vet as executive vice president.

Read the full article via Pittsburgh Business Times.


PGH Lab pilot program announces trio of winners

08/02/2016

About 25 companies applied to the program and three winners were selected.

They are: HiberSense, which provides facility manager and property owners with micro-zone climate control; TransitSource, developer of products to address transit needs and problems; and Renerge Inc., an open flow hydro-energy system. 

Read the full article via Pittsburgh Business Times.


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Innovation Works values diversity in its programs and encourages women, minorities, individuals with disabilities, and veterans to submit applications or business plans for consideration.

Innovation Works is the Ben Franklin Technology Partner of Southwestern PA and is supported by the Department of Community and Economic Development.

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