Launched Companies

FSI's mission is to help accelerate regional entrepreneurs by enabling them to find the resources necessary to grow and thrive. These entrepreneurs represent the promise of First State Innovation – drive the growth of the region’s economy by facilitating the connection of entrepreneurs with angel investors, regional business sponsors and the education community.

Information Assurance Corporation

Information Assurance Corporation
Location: Wilmington, DE
Established: 2007

IA provides a digital alternative to paper-based notary seal process.

Nayatek, Inc. Nayatek, Inc.
Location: Newark, DE

Nayatek specializes in Messaging Security, Management and Archiving to the global environment. They provide enterprise Compliance and Security Solutions designed to specifically assist organizations to ensure security, integrity and privacy of their messaging and electronic document resources and to maintain objectively verifiable, robust procedures to comply with industry regulations.

Regulatory Data Corp, International

Regulatory Data Corp, International
Location: Wilmington, DE / New York, NY
Established: 2002

Regulatory DataCorp, International (RDC) is a privately held Anti-money laundering compliance company focused on helping clients avoid doing business with high risk organizations or individuals. RDC is the first Bain Capital backed company in Delaware and has investors from 20 of the world's leading financial institutions lead by Goldman Sachs & Company.

OrphaGenix

OrphageniX, Inc.
Location: Wilmington, DE
Established: 2005

The vision of OrphageniX is to develop effective treatments for Orphan Diseases. The Company will focus its efforts on developing its proprietary oliogotherapy technologies and is determined to produce effective therapeutic products that provide a significant benefit to patients.

Patria Services

Patria Services
Location: Wilmington, DE
Established: 2007

Patria was formed as a result of the combination of two existing Pennsylvania-based companies focused on improving corporate and consumer relationships and developing new revenue generation opportunities within the home-movers marketplace.

AthenaBio

AthenaBio
Location: Newark, DE
Established: 2005

Athena Biotechnologies, Inc. is a privately held biotechnology company focused on cultivating new bacteria. It is committed to finding and exploiting commercial opportunities based on its unique ability to grow bacteria in culture that have never before been grown.

Nanopack

NanoPack, Inc.
Location: Wayne, PA

NanoPack Inc. is a materials science company that has developed and is marketing cost-performance, environmentally-friendly barrier coatings and coated film for the packaging industry, particularly for the $15 billion food-packaging sector where protection of contents from oxygen is important for shelf life. The Company has successfully produced and has released its first commercial products, which are in testing with several of the world's largest suppliers of packaging film suppliers (e.g. converters). NanoPack is raising $2.5 million dollars, primarily to cover commercial development activities and to support further technology development.