Eshelman Innovation, the innovation engine at the University of North Carolina at Chapel Hill, is working on groundbreaking healthcare therapeutics and bringing digital health ideas to reality, including new technologies to address the opioid crisis.

With Alloy Partners, Eshelman created Goldie Health, which equips community health workers with a purpose-built, interoperable platform that connects disparate systems and stakeholders to better facilitate post-overdose treatment and services.

Purdue University is a leading public research institution with one of the leading schools of agriculture in the country. The university is a leader in innovation with deep partnerships with corporate leaders across the agri-food industry. They recognized the need and opportunity to convene corporate partners to bolster and grow their agri-food entrepreneurial ecosystem and created DIAL Ventures.

Purdue and DIAL Ventures partnered with Alloy Partners to help them build and run Gold & Black Agri-Food Fund and Studio, a venture studio that could systematically create, fund, and launch new agri-food and agtech startups. Since the launch of the venture studio, Alloy Partners and DIAL have launched 10 new companies that help farmers streamline operations, address labor shortages, and implement more sustainable farming practices.

Koch Industries has a diverse portfolio of businesses that span multiple industries. With a strong desire to continually innovate, Koch wanted to address two key challenges facing some of its companies: supply chain logistics and construction jobsite inefficiency.

Venture-build programs executed with Alloy Partners helped Koch create Amplio, an asset recovery solution to help diagnose supply chain issues and reduce inventory, and PLOT,  a construction material procurement platform to streamline ordering and delivery.

CMS Energy Corporation wanted to derive energy entirely from biomass and use carbon-capture and -sequestration technology to clean the air and create carbon credits. To do so, it needed sufficient biomass feedstock supply, a common issue facing energy utility providers.

CMS partnered with Alloy Partners to explore solutions. The result of our venture-building initiative was Chuck, an AI-driven wood waste management platform that enables construction crews to divert leftover wood from work sites to power plants. Within three months, Chuck was already bringing in revenue and diverting waste, and as of March 2025, they have diverted over 200t of CO2E.

Learn more about Chuck from Chuck's CEO and Founder, Todd Thomas:

Elanco Animal Health wanted to help livestock value chain partners reduce their greenhouse gas emissions. The organization ultimately saw startup creation as a way to address problems they couldn't solve internally through its existing R&D and innovation engines.

Through a venture building program with Alloy Partners, we explored hundreds of ideas tied to the sustainability theme and designed and launched a venture-backable company in Athian, the world's first carbon marketplace for the livestock industry. Through this work and success of Athian, it also opened up an entirely new product and market segment for Elanco. Athian's momentum continues to grow since its launch, paying livestock producers more than $9 million from the sale of certified Scope 3 inset reductions within its first year of selling verified reductions.

Learn more about Athian from CEO and Founder, Paul Myer: 

OSF HealthCare, a not-for-profit medical group that operates a dozen-plus hospital systems and facilities in Illinois and Michigan, wanted to address community healthcare challenges tied to the patient and provider experience in the communities it serves.

Partnering with Alloy Partners enabled OSF to launch Marti Health, a care-management solution for those with sickle cell in underserved communities, and Alpine Health, a patient-transition platform to help case workers reduce extended hospital stays.