Portfolio News: Peloton - Are those 80,000 pound trucks tailgating each other? Soon it may be perfectly normal — and safe

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If you look to the next lane and see two 18-wheelers roar past at 70 mph with just 10 yards between them, you’ll probably think they are dangerously close. In this high-tech age, that may no longer be true. In fact, it might be just the opposite, and it might even end up saving you money. A wave of new technology intended to make trucks safer — using radar, cameras and reflective light scanning — is sweeping the industry. By next year, much of it may be combined to put pairs of trucks on the road at a distance that before would not have been possible or safe.

Read full article by Ashley Halsey III in the Washington Post

Portfolio News: Pegasus Solar Raises Series A Round Led by Ecosystem Integrity Fund

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Band portfolio company Pegasus Solar, a leading designer and manufacturer of innovative rooftop mounting systems for solar installations, announced today that it has closed on a Series A round of equity funding led by Ecosystem Integrity Fund (“EIF”), with additional participation from Okapi Capital, Howard Wenger, Mike Miskovsky, and other solar industry executives.

Pegasus said will use the proceeds to grow its sales and customer support teams and to continue its industry-leading efforts to design and manufacture efficient and functional solar mounting systems.

Read full press release here

Space Technology and Investment Forum

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Band member Thomas Dittler, Chair of the AeroAstro Special Interest Group (SiG) was a speaker on the topic of “International Investment in Space Activities” at the Space Technology and Investment Forum held on August 30th - 31st in San Francisco. Organized by the Space Foundation, it was a prestigious gathering of some of the most innovative, insightful and visionary professionals from the entrepreneurial and investment sectors of space and technology.

The Band of Angels AeroAstro SiG is interested in mentoring and investing in interesting start up teams in this domain (broadly defined: new space, new aeronautics and related services, technologies, components). For more information, please contact Thomas Dittler

Band of Angels Accelerators SiG at RocketSpace

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Band of Angels is pleased to be RocketSpace campus partner. Founded in San Francisco in 2011, RocketSpace is a leading technology-focused accelerator for seed funded or beyond, fast growth companies. Band of Angels will be providing mentoring, workshops on seed stage startup funding, and hold office hours. We look forward to meeting the RocketSpace startup members.

IEEE Vision, Innovation, and Challenges Summit

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Band member Kurt Petersen, Chair of the Band of Angels Wearables, Consumer & Semiconductor Special Interest Group (WCS SIG), participated in the inaugural IEEE Vision, Innovation, and Challenges Summit (IEEE VIC Summit). The Summit brought leading innovators, visionaries, and disruptors in technology together in San Francisco. The panel session that Kurt participated in, “Entrepreneurship: Innovating and Challenges,” was a big hit with the audience and addressed many stimulating questions.


Image (L-R: Mario Milicevic, Kurt Petersen, Samantha Snabes and Craig Barratt)