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In 2023, Tech Launch Arizona (TLA) launched a campaign to create a seed fund dedicated to helping startups commercializing University of Arizona innovations span the “valley of death,” the period soon after a venture launches and faces its highest risk of failure. As of February 2026, the Wildcat Philanthropic Seed Fund (WPSF) has raised nearly 60% of its initial goal and has now begun making its first investments. Launched in 2022, CarbeniumTec was founded to commercialize a new type of organic-based reduction-oxidation battery, known as a “redox flow battery,” that reimagines how electricity is stored. Based on the research of Thomas Gianetti, associate professor in the Department of Chemistry and Biochemistry, and assistant professor at the French National Centre for Scientific Research and postdoctoral research associate at the time in Gianetti’s lab, Joules Moutet, the company is developing a sustainable, metal-free and environmentally friendly solution that addresses the need for large-scale, longer-term energy storage. The team of co-founders consists of Gianetti, who serves as chief executive officer; Moutet, who serves as chief technology officer; and Tucson entrepreneur and TLA commercialization partner Philip Lacovara, who serves as chief operating officer. Read the full story about all three initial seed fund investment recipients at https://techlaunch.arizona.edu/news/w....