Two Milwaukee area-based startups founded by women recently received federal dollars to fund the continued development of their technology.
The funding comes from a Small Business Innovation Research-Advance grant program operated by the University of Wisconsin System’s Center of Technology Commercialization in Madison and the Wisconsin Economic Development Corp.
Rapid Radicals Technology, or RRT, founded and led by Paige Peters, is receiving a $75,000 phase one grant to develop its end-of-pipe treatment technology that moves wastewater through a chemically enhanced conveyance system and safely back into lakes and rivers.
A 2019 graduate of The Water Council’s BREW accelerator, RRT recently received a $50,000 grant from the council, made possible with funding from the WEDC, and a one-year lease at the Global Water Center for working space. Founded in 2016, RRT has previously received seed funding from Marquette University and the Wisconsin Economic Development Corp.
The other company receiving federal dollars is Shorewood-based SafeLi, which is developing patented material that boosts energy storage capacity in lithium-ion batteries. The material can be used for faster charging times and safer batteries used in electric and hybrid vehicles, power tools and consumer electronics.