FOR IMMEDIATE RELEASE
The InVentures Group Expanding With Addition of New Clients, Personnel
May 14, 2014 – Buffalo, NY – The InVentures Group (IVG), a Buffalo-based virtual incubator, venture investing, and consulting firm for high-tech start-up businesses, announced today the addition of new personnel to its team and the signing of new clients in the Buffalo-Niagara region.
Buffalo-based metal component producer Adiabatic Solutions (ASi) is the newest company to join forces with IVG. ASi uses high velocity impact technology to create superior quality components for products such as automotive parts, gears, military weapons and ordinance, and medical components. ASi employs an energy efficient and green process that produces no waste. This technology provides the potential for ASi customers to save millions of dollars per year in manufacturing costs and obtain higher quality and superior performance components than present manufacturing processes provide.
IVG is also delighted to welcome ReNewRareEarth,Inc. as a new client. ReNewefficiently and cost-effectively recovers valuable rare earth materials from pre- and post-consumer material streams, such as recyclers, then processes them into valuable intermediate products such as phosphors and magnet materials. Rare earth compounds are essential to modern electronics, lighting, medical imaging, transportation, and energy systems. China controls over 90% of the world’s supply of these critical materials so the ReNew process offers an important alternative to accessing these valuable materials. ReNew selected IVG for assistance in developing its business model and go-to-market strategy.
Barry Weinbaum and Jennifer Brady have joined the IVG team, both bringing significant resources to the group. Mr. Weinbaum is an accomplished operating executive and business leader with exceptional experience applied to emerging and growth technology companies. He has extensive subject matter expertise across a variety of technology segments including communications, nanotechnology, IT, software, mobility, consumer products, lighting, and lighting control systems. Mr. Weinbaum is a recognized operational collaborative leader with a proven track record of leading organizations through significant transformation and growth and nows expands IVG’s presence to Washington, D.C. Mr. Weinbaum will be providing IVG clients with C-level assistance including strategic, operational, and technical guidance with an emphasis on companies working in nanotechnology, cleantech, and displays and lighting space.
Ms. Brady comes to IVG with leadership experience in media and client relations, international and domestic sales, and facilitation expertise. She has worked with local companies such as The Hamister Group, as well as with local independent schools. Ms. Brady brings a robust skill set that includes creative and strategic thinking, problem-solving, marketing communications, and media outreach that will be available to all IVG client and portfolio companies.