Investment Paves Way for Salmon Farm to Expand in Upstate New York
AUBURN, N.Y., Sept. 27, 2023 /PRNewswire/ — LocalCoho, a land-based aquaculture start-up that raises premium Coho salmon at an indoor farm, has secured significant new funding from Cuna del Mar. The impact investment fund invests in leading-edge aquaculture businesses with the potential to create positive disruption in the seafood industry and produce a sustainable and diverse supply of healthy, wholesome fish.
Coho Salmon raised at LocalCoho farm in Upstate New York
“We were impressed by the LocalCoho business plan, management team, and their approach to building supply of a great tasting fish close to market,” said Robert Orr, Managing Director of Cuna del Mar. “The intent of our investment is to enable them to properly prepare for full scale up and commercialization.”
LocalCoho grows Coho salmon indoors from egg to harvest using Recirculated Aquaculture Systems (RAS) technology. This emerging technology aims to optimize resource use and minimize impact on the local environment and wildlife and allows farms to be sited in areas local to the customers they serve.
The multi-million-dollar investment will allow LocalCoho to prepare for expansion of its pilot facility in the Finger Lakes region of upstate New York and start mapping a plan for growth in other regions of the U.S., with a farm eyed for the Midwest. Its fish are already on the menus of Nobu in New York and Morimoto in Philadelphia.
“Cuna del Mar is a pioneer in supporting aquaculture companies helping to preserve the health of our oceans by using innovative approaches to growing fish. Their investment provides capital to advance our vision allowing us to get one step closer to expansion,” says LocalCoho CEO Michael Fabbro. “That such an industry leader vetted us thoroughly and believes in our strategy and team truly validates what we are doing.”
This is the second major investment for LocalCoho in the past year. The privately held company received significant funding in November 2022 from seafood industry veteran Rodger May of Peter Pan Seafood to increase harvest capacity and continue to improve husbandry practices. The company also received a $500,000 grant from New York State Development in 2022 to help commercialize its business.
LocalCoho is seeking to raise an additional $4 million by the end of 2023 to fund its next growth phase.
About LocalCoho LocalCoho is an American salmon company raising Coho salmon in the Finger Lakes Region of New York State. Salmon are grown indoors from egg to harvest using Recirculated Aquaculture Systems (RAS) technology. This cutting-edge technology aims to optimize resource use and minimize impact on the local environment and wildlife. The company’s aim is to innovate and produce healthy, delicious local food for a more sustainable future. LocalCoho has recently started supplying premium salmon to American chefs and consumers throughout the Northeast region. The company is BAP (Best Aquaculture Practices) certified and a Monterey Bay Aquarium Seafood Watch “Best Choice.” For more information, go to localcoho.com. For photos, click here.
About Cuna del Mar Cuna del Mar explores, supports and develops open ocean aquaculture methods and other enabling technologies that are economically viable as well as environmentally and socially responsible. We invest in businesses that have the potential to create disruption in the industry by being positive change agents to produce a diverse supply of healthy, wholesome seafood. Learn more at cunadelmar.com.
Backed by science, fueled by love, HYAESTIC skincare exposes potency problems in top anti-aging beauty brands, provides purity-tested alternative
NEW YORK, Sept. 27, 2023 /PRNewswire/ — Prepare to embark on a captivating journey where experience, determination, and a relentless pursuit of excellence converge to redefine the world of skincare. Dr. Vincent Dagron, a seasoned optometrist, discovered that his expertise in vision care was just the beginning of a mission to improve lives. Driven by a deep-rooted desire to address the skincare needs of his wife and daughter, whose delicate skin could not tolerate mainstream creams, Dr. Dagron fearlessly ventured beyond the boundaries of optometry to develop HYAESTIC (HI-ES-TIK), a collection every bit as pure and effective as it is gentle.
A Vision for Change: Healthcare Pioneer’s Quest to Empower Consumers with Transparent Skincare Labels
HYAESTIC, originating from France and the European Union, is designed for unique and sensitive skin types. Each product undergoes rigorous testing to ensure high efficacy and safety, addressing top skin challenges like aging, dullness, discoloration, and acne.
Retinol, the gold standard in anti-aging, falls short in many products. HYAESTIC’s groundbreaking research revealed that actual retinol content in popular brands was up to 70% lower than claimed. To combat this, HYAESTIC introduces a clinical anti-aging collection featuring Entrapped Poly-Pore Retinol technology. These multifunctional products house potent active ingredients and are packaged to preserve their integrity.
HYAESTIC multifunctional products are highly potent, science-backed active ingredients known to combat signs of skin damage. The collection includes:
Anti-Aging Retinol:. Fight early signs of aging with HYAESTIC Retinol serums. Choose between HYAESTIC 1% Pure Retinol ($65, 30ML) and experience skin cell renewal, firmness, hydration, and repair. Vitamin E, Sodium Hyaluronate, and Calendula Officinalis Flower Extract reduce fine lines and wrinkles.
High-Grade B5 for Skin Recovery and Protection: Restore compromised skin with HYAESTIC B5 Revital Serum ($45, 30ML) Its 3% pure B5 formula provides light hydration and soothes the skin. Pair it with HYAESTIC NMF Light-Weight Hydrating Cream ($38, 30ML) to fortify the moisture barrier
Anti-Aging and Acne Control: For sensitive skin, HYAESTIC 0.5% BHA and 10% AZE Cream ($53, 30ML) is a gentle alternative. This luxurious cream reduces discoloration, promotes an even skin tone, and inhibits acne-causing comedones.
Discover the complete HYAESTIC collection, including a range of multi-functional, high-performing skincare products engineered to outperform top picks in suncare, acne control, recovery, hydration, brightening, and professional-grade peels.
About HYAESTIC:
HYAESTIC (HI-ES-TIK) is a science-based collection of purely concentrated advanced skincare products engineered to outperform top picks in every major category, including anti-aging, suncare, acne control, recovery, hydration, brightening, and professional-grade peels. Developed by industry insider Dr. Vincent Dagron, the brand introduces a fresh approach to premium skincare that aims to maintain product integrity and affordability with multi-functional, high-performing formulas designed with their own family members in mind. Driven by science and fueled by love, HYAESTIC is the family skincare brand with a mix of secret formulas from Europe and the USA, now fast becoming a worldwide sensation. Shop now at Hyaestic.com. Follow @hyaestic on Instagram for product updates and the most advanced guidance to achieve more radiant, youthful skin at every age. HYAESTIC – Labels You Can Trust, Results You Can See
AUSTIN, Texas, Sept. 27, 2023 /PRNewswire/ — FileCloud, a leader in the secure enterprise file-sharing and data governance space, is delighted to announce a strategic technology partnership with OPSWAT, a leading provider of critical infrastructure protection (CIP) cybersecurity solutions. This collaboration aims to empower FileCloud customers to bolster their data security posture through the seamless integration with MetaDefender, OPSWAT’s advanced threat detection and prevention platform.
FileCloud is trusted by tens of thousands of end-users globally to deliver secure collaboration, governance, and safeguarding of sensitive content. Committed to equipping enterprises with proactive security measures, FileCloud collaborates closely with strategic technology partners like OPSWAT to fulfill this commitment.
A key technology of OPSWAT’s MetaDefender platform is Multiscanning, which harnesses the power of over 30 anti-malware engines, aggregating insights from global malware labs. This multifaceted approach significantly enhances malware detection rates, reduces outbreak detection times and minimizes potential exposure associated with relying on a single vendor. The integration of FileCloud and OPSWAT MetaDefender empowers customers to leverage Multiscanning’s threat detection capabilities when uploading content into the FileCloud ecosystem, thereby protecting against potential threats.
FileCloud’s CEO, Ray Downes, said, “OPSWAT MetaDefender’s cutting-edge threat detection and prevention capabilities, combined with FileCloud’s secure content collaboration and governance solution makes for an ideal partnership. Data is the lifeblood of a modern business and ensuring that the wide surface area it provides to potential threat actors is safeguarded is a vital part of any customer’s security strategy. The integration builds on the principles commonly adopted by CISOs today of assuming zero trust for any inbound files until proven otherwise. We’re excited about the joint value proposition that we can now offer and look forward to addressing customers’ data security requirements together.”
A Partnership that Harnesses Leading Technologies
As part of this integration, FileCloud will act as an intermediary, sending an ICAP request to MetaDefender whenever a user attempts to upload a file. MetaDefender will conduct a comprehensive scan for viruses and other threats using its powerful multiscanning technology. Once MetaDefender completes the scan, it will generate an ICAP response with data on the scan results. Depending on these results, the file will be delivered, or the FileCloud user will be notified that the file is malicious and has been quarantined.
“Making OPSWAT an even stronger partner for FileCloud are the other zero-trust technologies that can be leveraged on the MetaDefender platform, including Deep Content Disarm and Reconstruction (Deep CDR), file-based vulnerability assessment, and adaptive threat analysis with OPSWAT Sandbox,” said George Prichici, VP of Products at OPSWAT. “Through our partnership, we can fulfill our commitment to safeguarding data and delivering comprehensive security solutions that empower organizations to stay one step ahead of evolving threats and protect their valuable assets and critical infrastructure.”
FileCloud is already an innovator in relation to file security measures. Its Zero Trust File SharingSM feature is an industry first, while its comprehensive set of security features include Data Leak Prevention (DLP), endpoint device management, and data governance capabilities. FileCloud’s built-in compliance features help enterprises to simplify adherence to complex regulations, such as ITAR, GDPR, and HIPAA, through powerful automation capabilities.
For more information about FileCloud and its partnership with OPSWAT, you can read more here.
About FileCloud FileCloud is a hyper-secure content collaboration platform (CCP) that provides industry-first Zero Trust File Sharing℠, compliance, data governance, data leak protection, data retention and digital rights management capabilities. Workflow automation and granular control of content sharing across most enterprise platforms is fully integrated into the complete CCP stack.
The platform offers powerful file sharing, sync, and mobile access capabilities on public, private, and hybrid clouds. FileCloud is headquartered in Austin, Texas and is used by millions of users around the world, including top Global 1000 enterprises, educational institutions, government organizations, and managed service providers.
About OPSWAT For the last 20 years OPSWAT, a global leader in IT, OT, and ICS critical infrastructure cybersecurity, has continuously evolved an end-to-end solutions platform that gives public and private sector organizations and enterprises the critical advantage needed to protect their complex networks and ensure compliance. Empowered by a “Trust no file. Trust no device.™” philosophy, OPSWAT solves customers’ challenges around the world with zero-trust solutions and patented technologies across every level of their infrastructure, securing their networks, data, and devices, and preventing known and unknown threats, zero-day attacks, and malware. Discover how OPSWAT protects the world’s critical infrastructure and helps secure our way of life; visit www.opswat.com.
Former Healthcare Facility Will Be Transformed Into 150-Unit Multifamily Property
NEW YORK, Sept. 27, 2023 /PRNewswire/ — Eastern Union, one of America’s largest commercial real estate mortgage brokerage firms, has arranged a $19,634,381 construction loan in support of the conversion of a 131,075-square-foot, former healthcare complex into a multifamily property at 600 Bond Street in the North Bridgeport section of Bridgeport, CT.
The facility, constructed in approximately 1971, is situated on a 15-acre site. It will undergo a gut renovation and reconfiguration into a 150-unit, two-story, walkup apartment building as well as a 7,069-square-foot fitness center.
Abe Bergman is president and co-founder of Eastern Union, which recently secured $19,634,381 in construction financing for the conversion of a 131,075-square-foot, former healthcare complex into a multifamily property in Bridgeport, CT.
Eastern Union has arranged a $19,634,381 construction loan toward the conversion of this 131,075-square-foot, former healthcare complex in Bridgeport, CT into a multifamily property. The mortgage was secured by senior managing director Motti Blau, senior loan consultant Mendy Pfeifer, and senior loan consultant Hershy Fried. Dov Bakon served as underwriter for the transaction.
The mortgage was secured by Eastern Union senior managing director Motti Blau, senior loan consultant Mendy Pfeifer, and senior loan consultant Hershy Fried. Dov Bakon served as underwriter for the transaction.
The loan covered a 24-month period on an interest-only basis, with principal due at the end of the term. The interest rate was not disclosed.
“The Eastern Union team succeeded in securing financing for this ambitious project thanks to the solid relationships they have built with lenders nationwide,” said Eastern Union president and co-founder Abraham Bergman. “The borrower is an experienced owner who has the capabilities to successfully execute a transition from a healthcare facility into a residential property.”
The names of the borrower and the lender were not disclosed.
About Eastern Union
Founded in 2001, Eastern Union is a national commercial real estate firm that provides both financing services and capital markets advisory services. It employs more than 90 real estate professionals and closes billions of dollars’ worth of transactions annually. Eastern Union leverages its relationships with lenders and its marketplace knowledge to secure the best available rates and terms.
Headquartered in New York, Eastern Union secures financing for transactions of all sizes across the United States. Transactions, which can include multi-state and multi-site portfolios, encompass conventional commercial mortgages, structured debt, healthcare, hospitality, manufactured home properties, single-family rentals, investment sales, and — handled in conjunction with company affiliate Eastern Equity Advisors — equity placement.
EMERYVILLE, Calif., Sept. 27, 2023 /PRNewswire/ — PhenomeX Inc. (Nasdaq: CELL), a functional cell biology company, announced the Opto® Memory B Discovery Human workflow, further expanding diversity of antibodies customers can discover on the Beacon® optofluidic platform.
The new workflow and reagents, to be commercially available by the end of the year, enable rapid, automated generation of antigen-specific, functional monoclonal antibodies from human memory B cells, building on prior workflows and reagents that used rabbit memory B cells and mouse plasma cells. Directly accessing the human repertoire with new workflow and reagents allows researchers to find more physiologically relevant and efficacious antibodies faster in a rapidly evolving biomedical field aimed at addressing infectious, autoimmune, and oncologic diseases.
Using the Opto Memory B Discovery Human workflow, PhenomeX estimates customers can:
Prepare memory B cells from a wide variety of traditional enrichment strategies for screening in <1 week;
Screen up to 60,000 single B cells per workflow in five days, depending on chip selection and number of chips used per workflow;
Identify hundreds to thousands of antigen-specific hits per workflow; and
Recover high-quality antibody sequences for the majority of discovered hits.
“We are excited to announce our continued innovation that enables antibody discovery customers to find high-value molecules against the most difficult targets in the shortest time possible,” said Yan Zhang, Ph.D., chief commercial officer of PhenomeX. “Following the impacts our optofluidic technology had in discovering molecules that helped save lives during the onset of the COVID-19 pandemic and in providing researchers a platform to stay ahead of the endemic disease, we embarked on a journey to democratize a workflow that could dramatically cut timelines and costs to address human disease. Our customers can now rapidly screen, recover, and sequence memory B cells from human donors with unparalleled phenotypic depth in a single week, unlocking new research potential and preparedness in autoimmune, oncology, and infectious diseases.”
The workflow broadens PhenomeX’s market opportunity beyond rodent models, enabling direct discovery of high-value human antibodies that are well-suited for therapeutics, diagnostics, and research reagents without the explicit need for experimentation in animal models.
Read more about Opto Memory B Discovery Human workflow and other PhenomeX antibody discovery products at our product page on www.phenomex.com.
About PhenomeX
PhenomeX is empowering scientists to leverage the full potential of each cell and drive the next era of functional cell biology that will advance human health. We enable scientists to reveal the most complete insights on cell function and obtain a full view of the behavior of each cell. Our unique suite of proven high-throughput tools and services offer unparalleled resolution and speed, accelerating the insights that are key to advancing discoveries that can profoundly improve the prevention and treatment of disease. Our award-winning platforms are used by researchers across the globe, including those at the top 15 global pharmaceutical companies and approximately 85% of leading U.S. comprehensive cancer centers.
PhenomeX has no affiliation with Phenomenex, Inc. PhenomeX will be changing its name. All inquiries regarding Phenomenex, Inc. and/or its products should be directed to [email protected].
Forward-Looking Statements
To the extent that statements contained in this press release are not descriptions of historical facts regarding PhenomeX or its products, they are forward-looking statements reflecting the current beliefs and expectations of management. Such forward-looking statements involve substantial known and unknown risks and uncertainties that relate to future events, and actual results and product performance could differ significantly from those expressed or implied by the forward-looking statements. PhenomeX undertakes no obligation to update or revise any forward-looking statements. For a further description of the risks and uncertainties relating to the Company’s growth and continual evolution see the statements in the “Risk Factors” sections, and elsewhere, in our filings with the U.S. Securities and Exchange Commission.
Design industry’s highly anticipated relaunch showcases over 175 top brands and artists, programming and special events November 16-18
SANTA MONICA, Calif., Sept. 27, 2023 /PRNewswire/ — WestEdge Design Fair, the West Coast’s premier contemporary design fair, returns to Santa Monica’s Barker Hangar November 16-18, 2023 for the first time since 2019. Celebrating its eighth year and relaunching post-pandemic, guests will have the opportunity to experience the latest in design and furnishings featuring a highly-curated selection of domestic and international manufacturers as well as independent designers and makers.
The WestEdge Design Fair will welcome thousands of design professionals and enthusiasts to source from the industry’s leading established and up-and-coming brands. Offering furniture, lighting, art, kitchen, bath and more, WestEdge Design Fair will bring together over 175 brands from across the globe for an immersive experience set in Santa Monica’s indoor/outdoor Barker Hangar venue. Attendees have the opportunity to engage with 45+ presenting speakers, 20 culinary and mixology demonstrations and various meet-and-greets with notable design influencers over the course of the three-day event.
“We have been eagerly anticipating this year’s return, and are ready to welcome guests to our immersive celebration of creativity, innovation, and the power of design,” said WestEdge co-founder, Megan Reilly. “We look forward to seeing our returning and new exhibitors showcasing impeccable goods, making sure attendees are inspired, no matter how large or small their next design project might be.”
Highlights for this year’s event include:
MADE:MODERN, a curated section of the fair showcasing independent designers, makers and artists with one-of-a-kind furniture, lighting and accent offerings with exhibitors including Art’s Tree House, Black Crow Studios, Buzzell Studios, CarbonShack, Ever Atelier, whyrHymer and dozens more.
The PIRCH Culinary Pavilion offers daily demonstrations and samplings Including a Thanksgiving wine pairings seminar and a “Taste of Italian Cuisine” series.
WestEdge XTERIORS offering an outdoor portion of the fair and showcasing the latest in outdoor design from outdoor furnishings and kitchens/grills, to outdoor saunas and more.
WestEdge ‘Convo By Design’ Theater offers attendees two days of panel talks, industry forums and engaging conversations filled with education and inspiration on a variety of topics.
The IIDA/WestEdge Design Fair Booth Awards where the International Interior Design Association (IIDA) is teaming up with WestEdge to launch two new design competitions. Exhibitors can enter now for product awards and/or booth awards by October 26 with winners announced at an Awards Presentation on-site.
“WestEdge Design Fair is proud to showcase the rich diversity of brands and exhibitors from across the globe. From established industry leaders to emerging talents, the fair represents the best in contemporary design,” said WestEdge Principal, Troy Durst. “We’re building a platform where creativity, innovation and the power of design come together and can’t think of a better place to do so than in Los Angeles given the city’s diverse makeup of innovators and creatives.”
To commemorate the return, an Opening Night Party presented by PIRCH will kick off the fair November 16 from 6:00 p.m. -10:00 p.m. Ticket proceeds and a one-of-a-kind auction of designer items will benefit Hollywood Food Coalition whose mission is to feed and serve the immediate needs of the hungry every day of the year so they can build better lives. Guests will have the opportunity to mingle ahead of the weekend crowds with elevated food and cocktails, entertainment and early-access to shop hundreds of design products.
WestEdge Design Fair will be open to the trade and public on Friday, November 17, from 11:00 a.m. to 7:00 p.m. and Saturday, November 18, from 10:00 a.m. to 6:00 p.m. Admission to the daytime event hours is complimentary for design trade professionals who pre-register by November 10. To learn more and register for the fair and Opening Night Party, visit www.westedgedesignfair.com.
About WestEdge Design WestEdge is a three-day event that offers the best in modern design, all in an environment designed to engage, entertain and inspire. The fair offers the opportunity to shop from premium design brands – many new to the West Coast and meet the designers behind thousands of inspiring products. In addition, attendees gain insight from leading names in the design industry with a full series of educational programs and are invited to enjoy culinary demonstrations, special events and more. For more information visit,www.westedgedesignfair.com.
