SCRA announces new members and grant funding

December 6, 2022
Baleen Solutions, FinSiteful, PeriopHealth, Real Motors, and Sagacity were accepted as South Carolina Research Authority Member Companies. Baleen Solutions, CarbonCents, Elevate Therapeutics, Incora Health, ProTrustee, and Sojourn MedTech received new grant funding.

All SCRA Member Companies receive coaching, access to experts in SCRA’s Resource Partner Network, eligibility to apply for grant funding, and the potential to be considered for investment from SCRA’s investment affiliate, SC Launch Inc.

Baleen Solutions LLC was accepted as an SCRA Member Company and received a $50,000 Acceleration Grant. The Summerville-based startup has developed a cloud-based software that automates the analysis of text and image documents and provides rapid actionable interpretations. The software can be used with financial, medical, legal, and government forms and reporting.

CarbonCents Inc. received a $50,000 Acceleration Grant. The Walhalla-based startup provides solutions to organizations to collect, measure, and evaluate energy costs and emissions. Their service offers insight into the operations of manufacturing, health care, education, and municipalities.

EHG South Inc., DBA Momento Med, received a $25,000 Project Development Fund Grant. The Columbia-based startup provides a web application that allows providers to support HIV medicine management for large groups of patients in little time. The app combines pill reminders with motivational and educational text messages sent directly to the patient’s cell phone.

Elevate Therapeutics Inc. received a $25,000 Project Development Fund Grant. The Greenville-based startup developed a digital application that helps palliative care patients better manage pain and medications while offering education and empowerment at their fingertips.

FinSiteful Inc. was accepted as an SCRA Member Company. The Swansea-based startup offers an easy-to-use web application for college and high school students to learn about, manage, and access money. The app provides real-time access to financial aid options, financial literacy tools, and scholarships and grants.

Incora Health Inc. received a $25,000 Project Development Fund Grant. The Greenville-based startup patented a smart earring that tracks biodata without interrupting the user’s activities or sleep. The wearable accurately tracks core body temperature using machine learning and artificial intelligence, which provides women with reliable biometrics to help meet their maternal and wellness goals.

PeriopHealth LLC was accepted as an SCRA Member Company. The Charleston-based startup offers a surgical instrument management solution that creates a real-time perpetual inventory, reduces waste, and helps to optimize instrument workflows and quality in sterile environments.

ProTrustee Inc. received a $50,000 Acceleration Grant. The Mount Pleasant-based startup offers a software platform that simplifies, automates, and streamlines fiduciary processes for bank trust departments and independent trust companies.

Real Motors Inc. was accepted as an SCRA Member Company. The Greenville-based electric motorcycle manufacturer is developing an affordable, light-duty electric motorcycle targeted at urban commuting.

Sagacity was accepted as an SCRA Member Company. The Greenville-based startup developed a platform that helps venture capital firms request, collect, and analyze portfolio company performance freeing up team members’ time to make more informed decisions.

Sojourn MedTech LLC received a $25,0000 Academic Startup Grant. The Clemson University-based startup developed the world’s first smart simulator (called CanSim) equipped with state-of-the-art hardware and software for assessing and training clinic personnel to improve dialysis procedures.

SCRA welcomes these new Member Companies and congratulates those that received funding.

Grant funding is made possible, in part, by the Industry Partnership Fund contributions that fuel the state’s innovation economy. Contributors to the IPF receive a dollar-for-dollar state tax credit, making it an easy and effective way to help one of the fastest-growing segments of the South Carolina economy. Grant funding for Member Companies creates a direct, positive economic effect and job creation.

About SCRA

Chartered in 1983 by the State of South Carolina as a public, nonprofit corporation, South Carolina Research Authority (SCRA) fuels South Carolina’s innovation economy through the impact of its four programs. SC Academic Innovations provides funding and support to advance translational research and accelerate the growth of academic startups. SC Facilities offers high-quality laboratory and administrative workspaces for technology-based startups and academic institutions. SC Industry Solutions facilitates and funds technology advancements and partnerships with industry, startups, and academic institutions. SC Launch mentors and funds technology-based startups that may also receive investments from SCRA’s investment affiliate, SC Launch, Inc.