Lair East Labs

11/27/2024

Whether you are celebrating with loved ones or getting through another work week (hello international friends!), we are so grateful for you.

To who inspire us through relentless ambition, and who lend your expertise, and to our global that makes everything possible: THANK YOU!

Your time, energy, and support help us empower to create impactful and sustainable ventures that address big challenges.

We believe that innovation knows no borders. This year, we’ve been proud to help founders bridge markets, form meaningful partnerships, and turn bold visions into reality.

As we gather with loved ones this week, we’re reminded that none of this would be possible without the collective efforts of this incredible community.

Wishing you all a warm, joyful, and gratitude-filled Thanksgiving 🧡

10/13/2024

🚀 We’re thrilled to co-host the inaugural Newark Demo Day as part of Newark Tech Week (NWT) on October 15 at The Newark Museum of Art! This collaborative event, powered by New Jersey Innovation Institute, Lair East Labs, Newark Alliance, and Audible, with support from New Jersey Economic Development Authority (NJEDA), will bring together 10+ innovative startups from the NJ and NYC region to showcase their innovative solutions.

🎤 Expect opening remarks from NJ tech leaders, exciting startup pitches, networking reception, and exhibition booths featuring outstanding startups and stakeholders in the regional tech ecosystem. This is a fantastic opportunity to connect with early-stage tech companies, explore investment opportunities, and support emerging technologies.

✨ Join us and be part of this landmark event: https://lu.ma/qr0yf596

07/19/2024

Celebrating our brilliant 2024 venture fellows! Thank you Carolyn Kim, Chuck Dodge, Jonathan Lee, Mitchell Quon, and Sherry Wang for all your hard work and support, especially helping with last month 🙏

What is a venture fellow? VFs help find and evaluate breakthrough technology , particularly those with a vision. The role is a combination of , , and working with Lair East Labs' companies to support on strategic initiatives.

👋 Interested in becoming a next year? Find us at https://laireastlabs.com/venture-fellows/

06/28/2024

We had an incredible morning at our Breakfast event during #2024, where John Shen shared his inspiring journey and immigrant founders mingled to exchange notes and resources. 

John's parallel entrepreneurial journey showcased another successful immigrant founder story in the U.S. He spoke about overcoming his first business failure and bouncing back from the lowest point in his life, teaching us the true meaning of -- the freedom and ability to choose how we respond to external challenges and uncertainties. 

John also mentioned that and are critical as a founder. He shared how he was able to be a parallel entrepreneur by launching American Lending Center, Sunstone Management, and another two businesses in his memoir "Crossing the Swamp." Additionally, John's book signing added a personal touch for the audience, leaving them with a tangible piece of his learning and a simple yet powerful message: "Never, never, never give up." We want to give a BIG shoutout to John and , for their dedicated support of the early-stage startup community. 

Another round of thanks to for housing the event and to Arcjet, ASCENDING Inc., and American Lending Center, LLC, for supporting it. 

We look forward to supporting more immigrant founders everywhere! 🚀

06/20/2024

We are thrilled for Frich, a 2023 cohort alum, for raising a seed round in this climate! Huge congratulations to Aleksandra Medina, Katrin Kaurov, and the rest of the team 🎉

Haven't met them yet? Check out the coverage linked below:
https://techcrunch.com/2024/05/30/meet-frich-an-app-where-gen-z-talks-and-learns-about-money-that-just-raised-2-8m/

Frich gives users the ability to ask questions anonymously on the app to get a better sense of how others their age are doing financially without feeling competitive. They can also anonymously share financial data to see how they compare with peers. 💡

The app has grown to over 100,000 Gen Z users nationwide, with primary markets being New York, Florida, and Texas. Frich makes money by partnering with banks and brands such as a credit builder or a lifestyle brand, and charging them a flat fee to be on its platform. And they are approaching $1 million in annual recurring revenue (ARR) with a B2B subscription model!

We are cheering for you from Lair East Labs and can't wait to see where you head next!

Frich launched its app in the summer of 2021 and since then, has grown to over 100,000 GenZ users nationwide.

06/18/2024

The photos are in and more to come! They captured the highlights of our , but don't fully do justice to the energy we were surrounded by at the 4 events Lair East Labs had the fortune of hosting!

We saw how founders and investors rose above underestimation to be advocates of their own dreams, as evident by Aleksandra Medina (Frich), Tiffany Zhou (OLEADA), Julia Peter (LocalAway), and Rachel Zhao (PayPal Ventures) 💪

We heard how John Shen (American Lending Center) overcame layers of obstacles to pursue parallel entrepreneurial journeys against the backdrop of being an 🚀

We learned a great deal about and from the two events we were a part of. Jane Tran, Dovran Amanov, Denzil Eden, and Rein Wu led an absolute 🔥 panel on how they utilize and . Michelle and Jie also supported a discussion on the implementation of GenAI in various industries 💡

HUGE thank you to American Lending Center, Arcjet, ASCENDING Inc., InvestHK New York (& Ranjit Unnithan), and Wolf Greenfield (& Daniel Rudoy) for making these events possible 🙏 You enabled thoughtful discussions and mingling of founders, operators, investors, and ecosystem partners.

And a BIG shoutout to our team members who helped put this together! Michelle, Jie, Joy, Carolyn, Mitchell, Chuck, and Sherry you are the MVPs 🙌

06/07/2024

It's 3 for 3 at ! We hosted a room full of and to talk about the future of applications, including some hot takes from the panel 🔥

Big shoutout to Jane Tran for hosting the discussion with Dovran Amanov, Denzil Eden, and Rein Wu. 🙏

We also heard from Daniel Rudoy on how to protect AI innovations through 💡

This is a wrap on events, but we're still here to support diverse, early stage founders. If that's you, please reach out! Have a great rest of your 🙌

06/06/2024

Two events down, one more to go! We will see you at + Panel: Future of AI Applications tonight!

Here's footage from the room at our & mixer 🥂 Thank you to the panelists for an inspiring discussion and to every attendee who brought their energy and passion 🔥

05/31/2024

Event Spotlight 💡 AI+ Panel: Future of AI Applications 💡
When: June 6, Thur
What: Join us for a discussion on and its applications across various industry verticals! Panel speakers are and of AI-enabled :

​👋 David Hojah, Founder & CEO of Parrots AI
​​👋 Dovran Amanov, Founder & CEO of Neuronspike
​​👋 Denzil Eden, Founder & CEO of smarty.ai
​​👋 Rein Y. Wu, Ph.D., Founder & CEO of IndicatorLab
​​👋 moderated by Jane Tran, Co-Founder & COO of Sixfold

💬 We also welcome Daniel Rudoy, a Shareholder and Executive Committee Member of Wolf Greenfield, who will share insights about current and upcoming IP practices in the AI space.

👉 Join us at https://lu.ma/aiplus

We are very grateful for the support of:

​🙏 Wolf Greenfield is among the 10 largest law firms in the country devoted exclusively to intellectual property law. The firm’s primary practice areas include patent, litigation, post-grant proceedings, and trademark and copyright. More than 90% of the firm’s practitioners have science or engineering degrees and 70% hold advanced degrees (MD, PhD, or MS).

🙏 ASCENDING Inc. is an AWS Certified Advanced Consulting Partner. ASCENDING provides AI and Cloud computing consulting service to SMB and startups.

🙏 Arcjet helps developers protect their apps in just a few lines of code. It allows developers to build security in from the beginning rather than bolting it on later and wasting time refactoring. This includes features like rate limiting, bot detection, signup form spam protection and attack detection.

🙏 American Lending Center, LLC is a private non-bank lender headquartered in southern California, and a nationally recognized leader in commercial lending, providing capital to small businesses nationwide. We believe that the success of the small business community is built on access to fast, flexible credit.

05/30/2024

Event Spotlight: and Panel + Happy Hour 🥂
When: June 4
What: Come celebrate the brilliant female founders and investors in the city with us! tech-enabled founders and investors are especially welcome. ​We will also have a short as part of the mixer:

👋 ​Aleksandra Medina, co-founder of Frich
​👋 Tiffany Zhou, founder of OLEADA
​👋 Julia Peter, founder of LocalAway
​👋 Rachel X. Zhao, PayPal Ventures
​👋 moderated by Michelle Wang of Lair East Labs

👉 Join us at https://lu.ma/female

We are very grateful for the support of:

🙏 ASCENDING Inc. is an AWS Certified Advanced Consulting Partner. ASCENDING provides AI and Cloud computing consulting service to SMB and startups.

🙏 Arcjet helps developers protect their apps in just a few lines of code. It allows developers to build security in from the beginning rather than bolting it on later and wasting time refactoring. This includes features like rate limiting, bot detection, signup form spam protection and attack detection.

05/29/2024

Event Spotlight: and Breakfast featuring parallel John Shen
🗓️ When: June 5
✅ What: Join us at the Immigrant Founders and Funders Breakfast! As the Hamilton Musical famously sang, "Immigrants, we get the job done." 💪 ​We will also hear from John Shen on his highly successful immigrant entrepreneurial journey.

💡 John moved to the US in 1993 and earned his degrees from Peking University and Duke University. He founded American Lending Center, transforming it into one of the most successful nonbank small business lending institutions.

🚀 John has also established three other companies: Sunstone Management, Sunstone Trust Company, and Partake Collective. His companies have received numerous awards, including Inc. 5000’s "Fastest Growing Private Companies" and Financial Times’ "The Americas' Fastest Growing Companies."

👉 Join us and hear more about John's story at: https://lu.ma/IMMIGRANT

🙏 We are very grateful for the support of:

👋 InvestHK New York team works with U.S. based companies, including startups, that wish to set up an office – or expand their existing business – in Hong Kong. Their services include providing information about the startup ecosystem in Hong Kong, connecting people to the startup community, hosting startup events and helping to foster a positive environment for startups to thrive.

👋 American Lending Center, LLC is a private non-bank lender headquartered in southern California, and a nationally recognized leader in commercial lending, providing capital to small businesses nationwide.

👋 ASCENDING is an AWS Certified Advanced Consulting Partner. ASCENDING provides AI and Cloud computing consulting service to SMB and startups.

👋 Arcjet helps developers protect their apps in just a few lines of code. It allows developers to build security in from the beginning rather than bolting it on later and wasting time refactoring. This includes features like rate limiting, bot detection, signup form spam protection and attack detection.

05/23/2024

🚨 New Speakers 🚨 We are honored to be adding the following and to our lineup this :

Female Founders and Funders Panel + Happy Hour
https://lu.ma/female
🎤 ​Aleksandra Medina, co-founder of Frich
🎤 Tiffany Zhou, founder of
🎤 Julia Peter, founder of LocalAway
🎤 Rachel Zhao, PayPal Ventures
​🎤 moderated by Michelle Wang, partner at Lair East Labs

Immigrant Founders & Funders Breakfast
https://lu.ma/IMMIGRANT
​🎤 John Shen, Author, Founder of American Lending Center, Sunstone Management, Partake Collective, and Eritage Resort

AI+ Panel: Future of AI Applications
https://lu.ma/aiplus
​🎤 ​David Hojah, Founder & CEO of Parrots Inc.
​​🎤 ​Dovran Amanov, Founder & CEO of NeuronSpike
​​🎤 ​Denzil Eden, Founder & CEO of Smarty
​​🎤 ​Rein Wu, Founder & CEO of IndicatorLab
​​🎤 ​moderated by Jane Tran, Co-Founder & COO of Sixfold

See you there!

05/13/2024

The third and final event we are hosting at is the AI+ panel on the future of and 💡 All speakers are founders & CEOs of enabled , including:

Dovran Amanov, Founder & CEO of Neuronspike
​David Hojah, Founder & CEO of Parrots AI
​Rein Wu, Founder & CEO of IndicatorLab
+1 more founder pending confirmation!

📆 Thursday, June 6
⏰ 6PM - 8PM
✅ RSVP at https://lu.ma/aiplus

​Come learn, network, and share what you're building 👋

Join us for a discussion on AI and its application across finance and healthcare! The panel speakers are founders/CEOs of AI-enabled startups: Dovran Amanov,…

05/08/2024

Join us at the and Breakfast taking place on June 5! As Hamilton the Musical famously sang: Immigrants, we get the job done 💪

​This is the second of three events Lair East Labs is hosting at . Come meet fellow dreamers 💭 Perhaps it'll be the start to your new adventure 🚀

🥐 Immigrant Founder & Funder Breakfast
📆 Wednesday, June 5
⏰ 9AM - 11AM
✅ RSVP at https://lu.ma/IMMIGRANT

05/06/2024

At this year's - just one month away - Lair East Labs is hosting three events to convene and celebrate the brilliant tech community in and around NYC 🎉 We will be spotlighting them throughout the week. Up first:

🍹 Female Founders & Funders Happy Hour
📆 Tuesday, June 4
⏰ 5PM - 8PM
✅ RSVP at https://lu.ma/female

See you there!

04/05/2024

We are excited to support Irvine Tech Week that brings together , , and champions for the future of technology 🚀 Join the Irvine Tech Week 5k & FirstGen Color Run on April 20 🏃‍♀️ 🏃‍♂️

Register at https://runsignup.com/Race/CA/Irvine/IrvineTechWeek5KColorFunRun

All funds raised from this event will be donated to the Sunstone Management Community Fund, directly supporting startups and entrepreneurship in the City of Irvine!

Check out the rest of the tech week events at https://irvinetechweek.com/

The Dream Run is on Saturday April 20, 2024. It includes the following events: Irvine Tech Week 5K Fun Run, FirstGen Color Run (Standard Package), FirstGen Color Run (Start Up Package), and Virtual 5K.

03/07/2024

HUGE congrats to portfolio company Mi Terro for being recognized by TIME as one of America’s Top Companies 🏆 They are selected from a list of 4,600+ companies working to combat climate change.

If you haven't met them: Mi Terro engineers agricultural waste into high-quality, low-cost, and scalable biomaterials to end microplastics. Mi Terro uses a selection of biopolymers and natural fibers with the aim of maximizing the use of agricultural side streams (non-food feedstock) and certified biomasses. The technologies are patented and are USDA Bio-based Certified.

Cheers to Robert Luo and the team 🎉

Full list at:

Find out which companies made the list.

02/27/2024

David Suendermann-Oeft is in town at BIO CEO & Investor Conference! He is the and of Modality AI, a LEL portfolio company. This is the first time we've met IRL - hi David 👋

To date, Modality AI has produced:

📖 90 publications
🤝 47 collaborator institutions
🔍 11 clinical R&D areas
💡 21 patents

About: Modality has pioneered technology for assessing neurological and psychiatric conditions remotely or in clinical settings through AI-powered audio and visual measurements of patient conversations with their virtual guide, Tina. From Parkinson’s disease to schizophrenia and depression, Modality's multimodal platform, listed with the FDA as a Class II medical device, is being used by leading clinical institutions globally to assess, monitor, and expedite the care and treatment of patients.

Learn more at: https://modality.ai/modality-ai