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Sensible Photonics Completes AlphaLab Gear Accelerator Program; Secures $100K in Pre-seed Funding
May 31
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Pittsburgh, PA – May 31, 2024 – Sensible Photonics announced today its completion of the AlphaLab Gear Accelerator program and has received $100,000 in pre-seed investment to support its licensing and commercialization efforts. During the program, Sensible Photonics defined a pathway to its minimum viable product, developed necessary manufacturing process flows and documentation, established its diligence data room, and prepared the company for its upcoming fundraise.
The AlphaLab Gear program provided expert support for technology programming, communication strategy and community engagement during a 5 month, in-person accelerator program.
“Working with the AlphaLab Gear technical and business teams during the funded accelerator program positioned Sensible Photonics to achieve our technical and commercialization milestones that supports and expedites our growth moving forward,” said John Belechak, Executive Advisor. “Our company profile and commercialization strategy were enhanced through community engagement with various networking and investment opportunities.”
About Sensible Photonics Inc.
At Sensible Photonics Inc., we are dedicated to envisioning a world free from catastrophic power equipment failures through our advanced optical fiber monitoring solutions. Our innovative technology, developed over more than a decade through collaborations with the University of Pittsburgh and the National Energy Technology Laboratory (NETL), offers early detection of potential failures in critical grid assets such as distribution transformers and energy storage systems. Recognized with prestigious awards including the R&D 100, Rocket Fund, and ARPA-E, our solutions provide a comprehensive sensing platform that delivers real-time insights into temperature, chemical, and strain conditions. Designed to reduce risks and enhance operational efficiency, our simplified fiber optic sensors are ideal for monitoring distribution transformers and energy storage systems, ensuring a more reliable and safer energy infrastructure. Based in Pittsburgh, Sensible Photonics is committed to advancing technology that supports the longevity and health of energy systems, enabling utilities and industries to operate with greater confidence and reduced risk.
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