Parallel18 is an international innovation hub and accelerator firm established in 2015, located in San Juan, Puerto Rico. The organization is dedicated to supporting underrepresented founders globally by offering funding, mentorship, and essential business connections. It primarily focuses on the software sector and aims to foster entrepreneurship across Latin America, the United States, and Puerto Rico. By providing resources and guidance, Parallel18 seeks to enhance the growth and success of diverse startups in a competitive landscape.
General Motors
Grant in 2024
General Motors Company, based in Detroit, Michigan, is a leading global automaker engaged in the manufacture and sale of a diverse range of vehicles, including cars, trucks, sedans, crossovers, and hybrid models. The company operates in various markets, including the United States, China, Brazil, Germany, the United Kingdom, Canada, and Italy, and offers its products through a network of dealers and distributors. GM also provides parts and accessories, as well as vehicle safety and information services through its OnStar subsidiary. Following its emergence from bankruptcy in 2009, GM streamlined its brand portfolio and has since regained its market share leadership in the U.S. automotive sector. The company operates under four segments: GM North America, GM International, Cruise, and GM Financial. GM's Cruise division focuses on autonomous vehicle technology and has conducted pilot services in select urban areas. With a strong emphasis on innovation and sustainability, General Motors is committed to advancing mobility solutions while maintaining its position as one of the world's largest automakers.
Generac Power Systems
Grant in 2024
Generac Power Systems, Inc. is a manufacturer of backup power generators and engine-powered tools, specializing in various power generation solutions for residential, commercial, and industrial markets. The company's product portfolio includes home backup generators, portable generators, business standby generators, and a range of pressure washers and water pumps. Additionally, Generac offers automatic transfer switches and energy storage systems, enhancing its capabilities in home energy management. Its mobile products, such as light towers and generators, are tailored for diverse applications including government, military, construction, and disaster relief. Generac serves a wide array of industries, including healthcare, telecommunications, and hospitality, by distributing its products through retailers, service centers, and dealers both domestically and internationally. Founded in 1959 and headquartered in Waukesha, Wisconsin, Generac operates additional facilities across several locations in the U.S. and abroad, including Latin America and Europe. The company also engages in strategic partnerships to further expand its market presence.
General Motors
Grant in 2024
General Motors Company, based in Detroit, Michigan, is a leading global automaker engaged in the manufacture and sale of a diverse range of vehicles, including cars, trucks, sedans, crossovers, and hybrid models. The company operates in various markets, including the United States, China, Brazil, Germany, the United Kingdom, Canada, and Italy, and offers its products through a network of dealers and distributors. GM also provides parts and accessories, as well as vehicle safety and information services through its OnStar subsidiary. Following its emergence from bankruptcy in 2009, GM streamlined its brand portfolio and has since regained its market share leadership in the U.S. automotive sector. The company operates under four segments: GM North America, GM International, Cruise, and GM Financial. GM's Cruise division focuses on autonomous vehicle technology and has conducted pilot services in select urban areas. With a strong emphasis on innovation and sustainability, General Motors is committed to advancing mobility solutions while maintaining its position as one of the world's largest automakers.
O-I Glass, Inc. is a leading global manufacturer of glass containers, primarily serving food and beverage manufacturers across the Americas, Europe, and the Asia Pacific. Founded in 1903 and headquartered in Perrysburg, Ohio, the company specializes in producing glass packaging for a variety of products, including alcoholic beverages like beer, wine, and spirits, as well as food items, non-alcoholic beverages, and pharmaceuticals. O-I Glass offers its products in diverse sizes, shapes, and colors and sells them directly to customers through long-term supply agreements, as well as via distributors. With approximately 70% of its revenue generated from international markets, O-I Glass holds a significant position in key regions such as Europe, North America, and Brazil, with beer serving as its primary end market.
The Chemours
Grant in 2024
The Chemours Company is a global leader in performance chemicals, operating across North America, Europe, the Asia Pacific, Africa, the Middle East, and Latin America. Founded in 2014 and headquartered in Wilmington, Delaware, Chemours operates through three segments: Fluoroproducts, Chemical Solutions, and Titanium Technologies. The Fluoroproducts segment produces a range of fluorochemicals, including refrigerants and specialty coatings, while the Chemical Solutions segment supplies industrial and specialty chemicals for various industries such as mining and electronics. The Titanium Technologies segment, which generates the majority of the company's revenue, manufactures titanium dioxide pigments used in coatings, plastics, and packaging. Chemours is dedicated to providing innovative, chemistry-based solutions that enhance product performance and sustainability across diverse applications.
Lithium Americas
Post in 2024
Lithium Americas is engaged in the exploration and evaluation of lithium, potassium, and other mineral resources in South America. The company has rights over approximately 161,000 hectares in five salt lakes in the Jujuy and Salta provinces of Argentina. Its principal property is the Cauchari-Olaroz Lithium Project covering an area of approximately 81,000 hectares in adjacent to Cauchari and Olaroz salt lakes located in Jujuy, Argentina. Lithium Americas was incorporated in 2009 and is headquartered in Toronto, Canada.
Copeland is a manufacturer and distributor of heating, ventilation, air conditioning, and refrigeration products, catering to residential, commercial, and industrial sectors. The company specializes in producing compressors, condensing units, and refrigerants, including hydrofluorocarbons, which are utilized in various applications such as heat pumps, refrigeration, and air conditioning systems. By focusing on energy efficiency and reducing carbon emissions, Copeland aims to enhance comfort and sustainability for its customers. In addition to product manufacturing, the company offers services including system design, testing, education, training, energy management, and on-site monitoring. Headquartered in Sidney, Ohio, Copeland operates internationally with locations across Asia Pacific, Canada, Europe, the United States, Latin America, the Middle East, and Africa.
Solugraf Brasil operates in the graphic market, providing a range of services and products. The company specializes in distributing graphic materials and offers services such as machine and equipment rental. Solugraf Brasil also has a presence in South America with a main office in Brazil and another in Peru. The company uses digital processes for fast printing, including laser print, inkjet, and wax methods. Additionally, Solugraf Brasil provides offset printing services, known for their superior print quality.
Ocean Renewable Power Company
Grant in 2010
ORPC, Inc. specializes in developing marine renewable energy solutions that harness tidal and river currents to generate clean electricity. The company focuses on creating technologies and projects primarily in North America that convert water energy into grid-compatible power, using turbine generator units to form complete power systems. Notably, its RivGen Power System operates in Igiugig, Alaska, where it is part of a microgrid project that significantly reduces reliance on diesel generators. ORPC offers several power systems, including the TidGen for shallow tidal applications and the OCGen for deeper ocean currents, catering to various clients such as public utilities, remote communities, and military facilities. With a global outreach that has attracted interest from over 42 countries, ORPC plans to expand its deployments to Canada and Patagonia, Chile. Headquartered in Portland, Maine, ORPC operates additional offices in Anchorage, Montreal, Dublin, and has a dedicated team capable of managing all aspects of project development, from assessment to maintenance.
Whirlpool Corporation is a leading manufacturer and marketer of home appliances, established in 1911 and headquartered in Benton Harbor, Michigan. The company operates through four geographical segments: North America, Europe, the Middle East and Africa, Latin America, and Asia. Its primary product offerings include refrigerators, freezers, laundry appliances, cooking appliances, dishwashers, and various small domestic appliances, as well as hermetic compressors for refrigeration systems. Whirlpool markets its products under a diverse range of brand names, including Whirlpool, Maytag, KitchenAid, JennAir, and Amana, among others. The company distributes its products to retailers, distributors, builders, and directly to consumers, ensuring a broad reach in the home appliance market across multiple regions.
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