 - Slater Reinvests in Enhanced Energy Group
- Slater Increases Investment in Healthcare Startup Care Thread
- ProThera Biologics Appoints New President, Moves to Jewelry District
- Brown University Pilots Summer B-Lab Program, Led by Slater Board Director Bill Foulkes
- Federal Funding for Slater Resumes
- Slater Announces the Appointment of Geoffrey Davis as Chairman of the Board of Directors
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SLATER IN THE NEWS
Slater Managing Partner Thorne Sparkman talked with Providence Business News about the fund's expansion into energy and the business climate for startups in Rhode Island.
Slater-Backed Entrepreneur Paul Dunn of Enhanced Energy Group and Slater Managing Partner Thorne Sparkman were featured in Ted Nesi's weekly television show "Executive Suite."
Read More Here
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summer Edition | August 2015
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Slater Spotlight: IlluminOss
 IlluminOss Medical, a commercial-stage medical device company based in Rhode Island, continues to build momentum for its one-of-a-kind fracture repair technology. The company recently announced the successful treatment of the first U.S. patients with its light-curable bone stabilization system, treated through Marshall University Joan C. Edwards School of Medicine in collaboration with Cabell-Huntington Hospital and the Marshall Clinical Research Center, as part of its U.S. Lightfix clinical trial for the treatment of impending and pathologic fractures in the humerus due to metastatic carcinoma. Another institution participating in the U.S. Lightfix clinical trial is Rhode Island Hospital, under the guidance of Dr. Richard M. Terek, an expert in the treatment of patients with osteogenic sarcoma, Ewing sarcoma, soft-tissue sarcoma, and metastatic cancer. To date, the company's proprietary bone stabilization technology has proven successful in the treatment of more than a thousand patients in Europe, where it is commercially available and has been in clinical use since 2010. To oversee its rapidly expanding global clinical trial program, IlluminOss has appointed industry veteran Amy Orlick Berman as vice president of clinical affairs and has also appointed Clive V. Ridgwell as vice president of sales. The company also recently completed the final tranche of its Series C Preferred Stock financing. First announced in September 2012, the aggregate funding raised thereunder represents the largest financing round for a Rhode Island-based biomedical company in decades. To continue reading, click here. 
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Slater Reinvests in Enhanced Energy Group
 In the aftermath of January's conference on carbon capture technologies, which convened investors and strategic players defining the markets for CO2, the Slater Technology Fund announced that it has committed another $100,000 to Enhanced Energy Group (EEG), a Rhode Island-based technology company commercializing a patented non-emissive co-generation system based on a family of technologies called Semi-Closed Cycle (SCC) engines, which produce both electricity and carbon dioxide (CO2) suitable for industrial markets. This additional infusion of capital brings the total amount invested by Slater to $250,000.
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Slater Increases Investment in Healthcare Startup Care Thread
 The Slater Technology Fund announced that it has
increased its seed investment in Care Thread, a Providence-based healthcare startup that provides HIPAA-compliant mHealth technologies, by $100,000. Slater's renewed investment, made alongside other existing investors, comes in response to the company's recent gains in market traction, as it continues to expand its customer base. The latest funding brings Slater's total investment in the company to $350,000.
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ProThera Biologics Appoints New President, Moves to Jewelry District
ProThera Biologics, a biomedical company developing novel therapies to treat life-threatening diseases, has appointed pharmaceutical industry veteran Denice M. Spero, Ph.D, president and chief business officer. In this new role, Dr. Spero will strengthen the company's efforts in advancing its inter-alpha inhibitor proteins (IaIp) into clinical development and will assume a leadership role in business development and fund-raising for the company. ProThera has also moved its operations from the former FujiFilms facility in East Providence to a Brown University building on Eddy Street that puts it in the heart of an area dedicated to medical advances and research.
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Brown University Pilots Summer B-Lab Program, Led by Slater Board Director Bill Foulkes
Over the last two months, Brown University and its Office of the Provost ran a pilot program, called the Summer B-Lab, designed to encourage and support a select group of college students to pursue their creative, entrepreneurial and innovative passions. This summer's program hosted 17 developing venture teams who got involved in a diverse range of interests and industries--health, music education, fashion, engineering, and more. Bill Foulkes, director of the Summer B-Lab, is also a member of the Slater Technology Fund's board of directors and a faculty member at the Rhode Island School of Design. Mentors for the session included Slater Managing Director Thorne Sparkman, Slater advisor Steve Collins and Annette Tonti, formerly the CEO of Slater portfolio company Mofuse, Inc.
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Federal Funding for Slater Resumes
 The U.S. Treasury Department has authorized resumption of funding under the $13.1- million State Small Business Credit Initiative (SSBCI) grant originally awarded to Rhode Island in September, 2011. That year, the state received the first tranche of funding in the amount of $4.3 million, substantially all of which was deployed in Rhode Island's three SSBCI-approved programs. Recently, Treasury released the second tranche of funding in the amount of $4.3 million, which will be used to support Slater's ongoing SSBCI program. Slater was allocated an aggregate of $9 million of the $13.1 million award, of which $1.9 million had been received prior to the most recent advance.
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Slater Announces the Appointment of Geoffrey Davis as Chairman of the Board of Directors
The Slater Technology Fund announced that Geoffrey B. Davis, the founding partner of Barker Davis, a law firm specializing in legal services for the life sciences industry, has been appointed Chairman of the Slater Board of Directors.
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