We published 26 new decks between IPO Candy, SPACvest, and Spinoff Stock Candy in January. In addition to each site, they are also consolidated in our database at IPO Candy Pro.
I like to read a consolidated summary of all the company descriptions, so I'm going to start publishing that here for everyone else who might enjoy perusing the list.
It's optimized for discovery, not decision-making. I do a few minor things to group similar companies, some light editing and bolding to make it easier to skim. Sometimes I might put a little "note to self" in brackets.
The Company Blurbs
GE HealthCare is a global medical technology, pharmaceutical diagnostics, and digital solutions innovator providing integrated solutions, services, and data analytics to make hospitals more efficient, clinicians more effective, therapies more precise, and patients healthier and happier. Serving patients and providers for more than 100 years, GE HealthCare is advancing personalized, connected, and compassionate care while simplifying the patient’s journey across the care pathway.
iCoreConnect is a cloud-based software and technology company focused on increasing workflow productivity and customer profitability through its enterprise and healthcare workflow platform of applications and services. iCoreConnect is most notably known for its innovation in solving healthcare business problems. iCoreConnect’s philosophy places a high value on customer feedback, allowing iCoreConnect to respond to the market’s needs. iCoreConnect offers 15 SaaS enterprise solutions and more than 90 agreements with state or regional healthcare associations across the United States.
Infinite Reality (iR) helps clients with audiences develop immersive Web3 experiences that maximize the value between audiences, brands, and creators. An iR-powered digital experience enables brands and creators to fully control how they distribute content, engage audiences, commercialize their creations, and communicate with their communities. With its deep expertise in Hollywood production, iR develops Metaverse experiences that continuously redefine the possibilities in connected digital environments.
Quanergy offers a high-performance AI-powered LiDAR platform designed to accelerate the automation of key business processes to increase the world's productivity, efficiency, and safety. Quanergy has developed the only true 100% solid state CMOS LiDAR sensor built on optical phased array (OPA) technology to enable the mass production of low-cost, highly reliable 3D LiDAR solutions. Through Quanergy’s smart LiDAR solutions, businesses can leverage real-time, advanced 3D insights to transform their operations in various industries, including industrial automation, physical security, smart cities, smart spaces, and more. [How many LiDAR companies do we need? #ADAS]
Intuitive Machines are a diversified space company focused on space exploration. Intuitive Machines supplies space products and services to support sustained robotic and human exploration to the Moon, Mars, and beyond. Their products and services are offered through the company's four business units: Lunar Access Services, Orbital Services, Lunar Data Services, and Space Products and Infrastructure. [Sounds cool anyway, will add to Space Sector.]
Obagi is an industry-leading, advanced skincare line formulated with scientifically proven ingredients, refined with a legacy of 30 years of experience. Milk Makeup is a high-growth, cult-favorite beauty brand among Gen-Z consumers and a leader in clean beauty that has grown organically through a diverse and inclusive community and is known for its cultural relevance and iconic products.
Skyward Specialty is a rapidly growing specialty insurance company, delivering commercial property and casualty products and solutions on a non-admitted and admitted basis. Skyward Specialty's subsidiary insurance companies include Houston Specialty Insurance Company, Imperium Insurance Company, Great Midwest Insurance Company, and Oklahoma Specialty Insurance Company.
The Beneficient Company Group (Ben) provides a unique suite of simple, rapid, and cost-effective liquidity solutions and other financial and fiduciary services for owners of alternative assets. Ben’s liquidity solutions are available for most professionally managed alternative asset investments and can be customized to suit individual circumstances. Serving as a principal by using its balance sheet, Ben operates as a permanent financial institution that helps to remove many of the traditional barriers to liquidity faced by mid-to-high-net-worth individuals and small-to-mid-sized institutions. [So if you have illiquid weird stuff to sell, Ben is your uncle?]
Digital Virgo is one of the world’s leading mobile payment specialists, implementing powerful monetization ecosystems for telecom operators and merchants, serving as a single destination for customers’ mobile content, entertainment, and commerce needs. With over 2 billion connected users and operating in 40+ countries, Digital Virgo’s global network of local offices allows them to roll out scalable and secure mobile commerce experiences worldwide.
Heritage is among the premier independent craft spirits distilleries in the United States, offering a variety of whiskeys, vodkas, gins, and rums produced mainly from local, sustainably sourced ingredients. Heritage is the most awarded craft distillery in North America by the American Distilling Institute for the past nine years out of more than 2,600 craft distilleries. To accelerate its national wholesale distribution growth strategy, Heritage founded the Tribal Beverage Network (TBN) to collaborate with Native American tribes and develop Heritage-branded distilleries, brands, and tasting rooms and to develop brands unique to the tribes, to serve patrons of tribal casinos and entertainment venues, creating compelling social and economic benefits for participating tribal communities while allowing the tribes another channel through which to exercise tribal sovereignty. Heritage is a majority women-owned enterprise.
Bitcoin Depot was founded in 2016 to connect those who prefer to use cash to the broader digital financial system. Bitcoin Depot provides its users with simple, efficient, and intuitive means of converting cash into cryptocurrency, which can be employed for numerous uses in the payments, spending, and investing space. Users can convert cash to cryptocurrencies at Bitcoin Depot’s kiosks and thousands of name-brand retail cash registers through BDCheckout. The company has a leading market share in North America, with over 7,000 kiosk locations. [Sort of an anti-crypto play because they take cash and give you crypto.] #crypto
Mobile Infrastructure is an internally-managed, publicly registered, non-listed company that invests primarily in parking lots and garages in the United States. As of September 30, 2022, it owned 44 parking facilities in 22 separate markets throughout the United States, with 15,750 parking spaces, approximately 5.4 million square feet, and approximately 0.2 million square feet of commercial space adjacent to its parking facilities. #spac [Draft writeup completed, seems too expensive.]
EnOcean is the pioneer of energy harvesting. The company delivers valuable data for the Internet of Things (IoT) with its resource-saving technology. EnOcean has a long history of producing maintenance-free wireless switches and sensors, which gain energy from the surroundings – from movement, light, or temperature. The combination of miniaturized energy converters, ultra-low power electronics, and robust radio technology based on open standards (EnOcean, Zigbee, and Bluetooth®) forms the foundation for digitized buildings, services, and production processes in the IoT. The self-powered solutions are used in building automation, smart homes, LED lighting control, and industrial applications. EnOcean is a strong partner for over 350 leading product manufacturers and has already completed over a million buildings worldwide with energy harvesting solutions.
TXO Energy Partners, L.P. is a master limited partnership focused on acquiring, developing, optimizing, and exploiting North America's conventional oil, natural gas, and natural gas liquid reserves. TXO’s current acreage positions are concentrated in the Permian Basin of West Texas and New Mexico and the San Juan Basin of New Mexico and Colorado.
Greenfire is currently an intermediate-sized, low-cost oil sands producer focused on responsible energy development in Canada, with its registered office in Calgary, Alberta. Greenfire remains an operationally focused company emphasizing an entrepreneurial environment and employee ownership. Greenfire continues to see a range of attractive investment opportunities in Canada's oil and gas sector.
Elate Group is a high-touch, best-in-class moving and storage company providing domestic concierge services and international relocation solutions for residential, commercial, and government clients in the United States (“U.S.”) and Canada.
Erayak Power Solution Group conducts business primarily through its wholly-owned subsidiaries, Zhejiang Leiya and Wenzhou New Focus, in China. Erayak specializes in wholesale and retail power solution products. The product portfolio includes sine wave and off-grid inverters, inverter and gasoline generators, batteries, smart chargers, and custom-designed products.
Prestige Wealth is a wealth management and asset management services provider based in Hong Kong, with most of its subsidiaries' operations in Hong Kong. Prestige Wealth's subsidiaries assist their clients in identifying and purchasing well-matched wealth management products and global asset management products.
Lucy Scientific Discovery is an early-stage psychotropics contract manufacturing company focused on becoming the premier contract research, development, and manufacturing organization for the emerging psychotropics-based medicines industry. Recent research involving testing psychedelics and psychotropics has resulted in promising clinical trial outcomes concerning various conditions and disorders. Clinical studies are underway to understand the therapeutic potential of a range of psychedelic substances.
Psyence is a life science biotechnology company listed on the Canadian Securities Exchange (CSE: PSYG), focusing on natural psychedelics. The Psyence Biomed Division works with natural psilocybin products to heal psychological trauma and its mental health consequences in palliative care. Informed by nature and guided by science, Psyence built and operates one of the world’s first federally licensed commercial psilocybin mushroom cultivation and production facilities in Southern Africa. Psyence's key divisions, Psyence Production, Psyence Therapeutics, and Psyence Function, anchor an international collaboration with operations in Canada, the United Kingdom, and Southern Africa and a presence in the United States and Australia.
Longevity Biomedical is a biopharmaceutical company focused on advancing technologies across therapeutics, health monitoring, and digital health solutions to restore tissue form and function to increase and improve health span. Longevity's mission is to become a consolidator and a leading provider of products and services designed to help people live longer healthier lives. Longevity is acquiring a differentiated therapeutic pipeline of late-stage clinical technologies across ophthalmology, cardiovascular disease, and soft tissue reconstruction and repair. Building on this platform, Longevity intends to acquire and/or partner with other health technology companies to become a leading provider of products and services designed to increase and improve health span amongst the rapidly growing aging patient population. Longevity is led by a team of industry experts and scientific advisors with significant experience acquiring, developing, and commercializing cutting-edge health technologies.
Structure Therapeutics is a clinical-stage global biopharmaceutical company discovering and developing novel oral therapeutics to treat chronic metabolic and pulmonary diseases with unmet medical needs. By leveraging its next-generation structure-based drug discovery platform, the company has built a pipeline including two clinical-stage small molecule compounds designed to overcome the limitations of biologics and peptide therapies. The company is currently focused on the GPCR family of drug targets.
Carmell Therapeutics is a Phase 2 stage biotechnology platform company developing allogeneic plasma-based biomaterials to boost innate regenerative pathways across various bone and soft tissue indications. The Company received FDA clearance for a Phase 2-stage clinical trial designed to study accelerated healing and reduced infections in open tibia (shinbone) fractures with intramedullary rodding. The Company expects to initiate a Phase 2 trial for Foot/Ankle Fusion in Q3 2023. Pre-clinical development is also underway in Spinal Fusion, Dental Bone Graft Substitute, Androgenetic Alopecia, Surgical/Chronic Wound Healing, and Cosmetic Skin Rejuvenation. #interesting
Coya Therapeutics is a clinical-stage biotechnology company focused on developing proprietary new therapies to enhance the function of regulatory T cells (“Tregs”). Tregs consist of CD4+CD25 high hFOXP3+ cells, a subpopulation of T-lymphocytes, a type of white blood cell that suppresses inflammatory responses. Coya has built a diversified product candidate pipeline that includes both ex vivo (outside the body) and in vivo (inside the body) therapeutic approaches.
Calidi Biotherapeutics is a clinical-stage immuno-oncology company with proprietary technology that revolutionizes the effective delivery and potentiation of oncolytic viruses for targeted therapy against difficult-to-treat cancers. Calidi Biotherapeutics is advancing in the clinical development of a potent allogeneic stem cell and oncolytic virus combination for use in multiple oncology indications. Calidi’s off-the-shelf, universal cell-based delivery platforms are designed to protect, amplify, and potentiate oncolytic viruses currently in development leading to enhanced efficacy and improved patient safety.
APRINOIA Therapeutics Inc., incorporated in 2015, is a Cambridge, MA-based global clinical-stage biotech company developing novel therapeutics and precision diagnostics for the treatments of neurodegenerative diseases in collaboration with leading global biotech companies. #SPAC