SC Launch

Established in 2006, SC Launch, Inc. is an independent, non-profit corporation affiliated with SCRA, which provides loans and investments to selected South Carolina-based companies participating in the SC Launch program.

Steve Johnson

Investment Manager

Lee MacIlwinen

Director

Bob Quinn

CEO and President

Past deals in South Carolina

Land Intelligence

Seed Round in 2022
Land Intelligence operates as the rating agency for land. By leveraging big data ingestion, on-the-ground relationships, and a patented software algorithm, Land Intelligence is a time and cost-efficient solution to the land acquisition and due diligence problem. It provides users with customized, automated reports for site condition analysis, asset volume projections, and future asset value forecasts. Land Intelligence was founded in 2019 and is based in Columbia, South Carolina.

MitoChem Therapeutics

Venture Round in 2022
MitoChem Therapeutics is a biotechnology company based in Charleston, South Carolina, focused on developing treatments for mitochondrial dysfunction associated with neurodegenerative diseases. Founded by Craig Beeson and Bärbel Rohrer, the company targets eye-related conditions such as retinitis pigmentosa, age-related macular degeneration, and glaucoma by aiming to protect mitochondrial homeostasis. MitoChem has demonstrated proof of concept for its therapeutic approach in animal models, showing potential applications beyond ophthalmic diseases, including kidney-related conditions like diabetic kidney disease and acute kidney injury. Through its innovative research, MitoChem seeks to address the underlying causes of various neurodegenerative, metabolic, and aging-related diseases.

Zylö Therapeutics

Series B in 2022
Zylö Therapeutics offers an innovative sustained-release drug-delivery system that was developed by Joel Friedman MD PhD, Adam Friedman MD FAAD, and Andrew Draganski PhD. The delivery system uses patented hydrogel-derived nanoparticles, called Nanopods, to deliver—in a sustained and controlled manner—notoriously hard-to-deliver therapeutic agents through topical administration. The company was founded in 2017 and is based in Greenville, South Carolina.

Zylö Therapeutics

Grant in 2021
Zylö Therapeutics offers an innovative sustained-release drug-delivery system that was developed by Joel Friedman MD PhD, Adam Friedman MD FAAD, and Andrew Draganski PhD. The delivery system uses patented hydrogel-derived nanoparticles, called Nanopods, to deliver—in a sustained and controlled manner—notoriously hard-to-deliver therapeutic agents through topical administration. The company was founded in 2017 and is based in Greenville, South Carolina.

Hank AI

Seed Round in 2021
Hank AI is a healthcare technology company based in Columbia, South Carolina, specializing in AI-driven solutions that enhance and automate workflows within the healthcare sector. The company offers a platform that utilizes natural language processing, machine learning, and computer vision to streamline business processes such as data entry, medical coding, and auditing. By developing proprietary technologies from the ground up, Hank AI aims to improve the efficiency and accuracy of medical coding and documentation, ultimately maximizing return on investment for its clients. The organization holds numerous patents for its innovative approaches, positioning itself for potential expansion into the enterprise resource planning and industrial sectors.

Hook Security

Seed Round in 2021
Hook Security, Inc. is a cybersecurity training company based in Greenville, South Carolina, founded in 2018. The company specializes in providing services that educate employees on recognizing and responding to cyber threats, particularly through phishing simulations and social engineering testing. Its innovative training platform employs techniques such as humor, repetition, and insights from neuroscience to enhance learning and retention. Hook Security aims to empower organizations by helping them implement effective policies for email security and offering on-demand training that includes detailed reporting and integration with existing cybersecurity systems. By focusing on the concept of Psychological Security, the company seeks to elevate the standard of information security across various business enterprises.

Hank AI

Seed Round in 2020
Hank AI is a healthcare technology company based in Columbia, South Carolina, specializing in AI-driven solutions that enhance and automate workflows within the healthcare sector. The company offers a platform that utilizes natural language processing, machine learning, and computer vision to streamline business processes such as data entry, medical coding, and auditing. By developing proprietary technologies from the ground up, Hank AI aims to improve the efficiency and accuracy of medical coding and documentation, ultimately maximizing return on investment for its clients. The organization holds numerous patents for its innovative approaches, positioning itself for potential expansion into the enterprise resource planning and industrial sectors.

Zylö Therapeutics

Series A in 2019
Zylö Therapeutics offers an innovative sustained-release drug-delivery system that was developed by Joel Friedman MD PhD, Adam Friedman MD FAAD, and Andrew Draganski PhD. The delivery system uses patented hydrogel-derived nanoparticles, called Nanopods, to deliver—in a sustained and controlled manner—notoriously hard-to-deliver therapeutic agents through topical administration. The company was founded in 2017 and is based in Greenville, South Carolina.

Zylö Therapeutics

Seed Round in 2019
Zylö Therapeutics offers an innovative sustained-release drug-delivery system that was developed by Joel Friedman MD PhD, Adam Friedman MD FAAD, and Andrew Draganski PhD. The delivery system uses patented hydrogel-derived nanoparticles, called Nanopods, to deliver—in a sustained and controlled manner—notoriously hard-to-deliver therapeutic agents through topical administration. The company was founded in 2017 and is based in Greenville, South Carolina.

Van Robotics

Seed Round in 2019
Van Robotics, Inc. specializes in developing autonomous robot tutors aimed at enhancing educational experiences for children in grades 1-5. Founded in 2016 by a team of researchers from Yale University, the company focuses on delivering adaptive instruction in math, reading, and social-emotional learning through its flagship product, ABii. This desktop-sized robot tutor utilizes artificial intelligence to adjust lesson difficulty based on individual student performance, ensuring personalized and engaging learning experiences. ABii promotes confidence and mastery of core skills by incorporating fun social interactions, making it an effective educational tool. Since its launch, ABii has gained recognition, including being named one of TIME’s Best Inventions of 2020, and is currently utilized in 34 states and six countries. Van Robotics sells its products online and is headquartered in Columbia, South Carolina.

Ellipsis Technologies

Venture Round in 2019
Ellipsis Technologies Inc. specializes in web security technology designed to help website owners identify genuine human visitors while isolating potentially suspicious ones. The company's Human Presence technology operates by invisibly detecting and recording the behavioral characteristics of individual users. This innovative approach eliminates the need for traditional captcha systems, effectively traps bots, and offers an analytics dashboard for enhanced insights. Established in 2013, Ellipsis Technologies is headquartered in Greenville, South Carolina.

Simpliphy

Corporate Round in 2018
Simpliphy, Inc. is a healthcare technology company based in Greenville, South Carolina, founded in 2014. It specializes in a cloud-based web application designed for healthcare organizations to efficiently manage physician compensation. The platform offers customizable dashboards and reports, allowing users to navigate complex compensation models with ease. Simpliphy's tools also integrate national average survey data, providing a comprehensive overview that helps organizations minimize errors in their compensation processes. The application is noted for its quick implementation and user-friendly interface, making it a valuable resource for healthcare entities aiming to streamline their compensation management.

BarberWind Turbines

Seed Round in 2014
BarberWind Turbines, LLC, founded in 2010 and based in Greenville, South Carolina, specializes in designing, manufacturing, constructing, and maintaining 800 kW wind turbines. The company utilizes innovative rim technology, featuring 64 8-inch airfoil blades and a unique lifting system that eliminates the need for rental cranes during installation. BarberWind Turbines targets the mid-size wind market, catering to a diverse range of clients including industrial parks, data centers, small communities, farms, ranches, water treatment plants, ethanol facilities, island nations, amusement parks, and sports arenas. The company's turbines provide an economically viable and environmentally friendly solution for generating electricity, addressing the growing demand for sustainable energy sources across various commercial applications.
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