The Bee Corp. Lands 'Milestone' Funding

Posted: Updated:
(photo courtesy The Bee Corp.) (photo courtesy The Bee Corp.)
BLOOMINGTON -

The National Science Foundation has awarded a $225,000 grant to Bloomington-based startup The Bee Corp. The company says the funding will allow for additional research to improve its beehive monitoring system.

The Bee Corp. is also pursuing an additional $50,000 in matching funds offered by Indianapolis-based Elevate Ventures.

The company says it will use the funds to build on its baseline statistical model of a healthy hive originally developed last year. The new model will look for anomalies in hive data that correspond to common threats to beehive health, such as pest- and disease-related problems.

"The National Science Foundation award will allow us to discover new insights about honeybee health through hive data," said Ellie Symes, chief executive officer of The Bee Corp. "We will be able to build better models of hive activity and develop new applications for internet of things technology within the beekeeping industry."

Symes says the grant represents a "significant milestone" for the company. The data will allow the company to improve existing monitoring products for beekeepers.

The company has also hired its first non-founder employee. Symes says Gretchen Riggs, who joins the company as a data scientist, will spend the majority of her time working on the grant project, leading a three-person team of IU graduates to build and test algorithms and make recommendations on product creation.

Earlier this month, Symes spoke with Inside INdiana Business about The Bee Corp.'s newest technology designed to help beekeepers deal with hive theft. 

  • Perspectives

    • Indiana's Workforce is Mission: Critical

      Indiana is ranked the #10 Best Place to Do Business, #4 for Quality of Life, #1 for Regulatory Environment and #2 for Software Job Growth. Indianapolis is ranked #3 for Tech Jobs for Women. We have four of the top 25 Best Places to live in America, with my hometown of Fishers topping the list. Yet, in spite of these amazing rankings, we have some serious challenges to overcome within our economic development ecosystem, not the least of which is skilling up a workforce to meet demand.

    More

Subscribe

Name:
Company Name:
Email:
Confirm Email:
HTML
INside Edge
Morning Briefing
BigWigs & New Gigs
Life Sciences Indiana
Indiana Connections
INPower
Subscribe
Unsubscribe

Events



  • Most Popular Stories

    • 'Best Places' in Indiana Reaches Record

      The Indiana Chamber of Commerce has released the 2018 list of Best Places to Work in Indiana. A record 125 companies are being honored this year and more than 50 are first-timers or returning after a year or more off the list. Employers in over two dozen communities are represented and the chamber will unveil the rankings of the Best Places honorees during a May 3 awards dinner at the Indiana Convention Center in downtown Indianapolis.

    • Cook Details Major Realignment

      The president of Bloomington-based Cook Medical says changes to the company's organizational structure will drive more rapid technology innovation and continued growth. Cook is restructuring from 10 business units to two divisions, a move that will impact sales, marketing, research and development, and customer service teams. It will also establishing new distribution channel management and medical education teams. In an interview with Inside INdiana Business, Pete Yonkman said...

    • Indiana's Workforce is Mission: Critical

      Indiana is ranked the #10 Best Place to Do Business, #4 for Quality of Life, #1 for Regulatory Environment and #2 for Software Job Growth. Indianapolis is ranked #3 for Tech Jobs for Women. We have four of the top 25 Best Places to live in America, with my hometown of Fishers topping the list. Yet, in spite of these amazing rankings, we have some serious challenges to overcome within our economic development ecosystem, not the least of which is skilling up a workforce to meet demand.

    • Vectren Planning Nearly $1B in Natural Gas, Solar Projects

      Evansville-based Vectren Corp. (VVC) has announced plans for two major projects in southwest Indiana. The utility says the efforts, which include a $900 million natural gas-fired generation plant, will reduce its carbon emissions by 60 percent over 2005 levels. Vectren is also planning to install a 50-megawatt solar array that will include more than 150,000 solar panels covering nearly 300 acres. A specific location for the array was not announced. The plans are part of Vectren's...

    • Cummins to Design Combat Engines That Elude the Enemy

      The monstrous, larger-than-life military tanks of tomorrow could be powered by Hoosier ingenuity. A recent $47 million defense contract delivers marching orders for Columbus-based Cummins Inc.: develop the next-generation engine to power U.S. combat vehicles, and it must be stronger, but smaller, and elusive to enemies’ efforts to spot it.