Independence Equity I, LP launched in December 2010. We plan to invest in 10-12 companies over a five year period. Following is a brief overview of our portfolio companies.
Tagnetics, based in Dayton, Ohio, develops and manufactures electronic shelf label systems for the retail industry.
Tagnetics’ ESL solutions enable retailers to maintain superior pricing accuracy and vital product data; change pricing and other data instantaneously on thousands of items in-store; and reduce labor and other costs and inefficiencies associated with conventional printed and manually-placed plastic tags.
Libertyville, Illinois-based 10x Technology, LLC develops and manufactures micro- and nano-structured polymer substrates that have applications in the Energy, Medical, Electronics, Transportation and Military sectors.
10x’s products range from micro-needle arrays for transdermal drug delivery to Fresnel lenses for solar concentrator systems. The founder of 10x Technology, Mr. Robert Pricone, is the inventor behind the first micro-prismatic retro-reflective sheeting for high brightness traffic signs which are now found worldwide. EVONIK Industries, a world leading manufacturer of acrylic sheet and molding compounds and bulk and performance monomers, is a strategic alliance partner of 10x.
Champaign, Illinois-based Autonomic Materials, Inc. (AMI) provides innovative self-healing polymeric systems that are capable of autonomically repairing themselves after damage (coating systems such as paints that self-repair when scratched or damaged).
AMI’s products are based on extensive research from the Autonomous Materials Systems (AMS) Group at the University of Illinois at Urbana-Champaign. The Group developed and patented technologies for the production of self-healing polymer systems. AMI’s technology adds protection to high-value structures which are exposed to environmental stresses. Their systems are engineered to lengthen coating lifetimes, thereby reducing the costs (principally labor) and disruption associated with the recoating of surfaces.
AMI is currently working with more than a dozen potential customers and product specifiers, which include major coatings producers and end-users.