Melville, NY – April 22, 2025 – The Long Island Capital Alliance (“LICA”), Long Island’s leading non-profit capital formation and business development organization, today announced that its AI Technology Capital Forum was held on Friday, April 4, 2024.
The event took place in Melville with networking and exhibition time for presenting companies and sponsors to showcase some of the region’s most innovative artificial intelligence (or “AI”) technologies and an ecosystem of service providers supporting the emerging industry. Company presentations and event activities facilitated a dynamic discussion on innovative AI breakthroughs and investment opportunities shaping the future of the technology space. LICA assembled a panel of investment community and business leaders to help explore the potential for AI technology.
“This was the first time LICA held an event focused on AI technologies and it was a resounding success,” said Michael A. Lane, Chairman of LICA. “An audience of nearly 100 regional AI technology innovators, investors, and business professionals gathered at our capital forum to embrace AI as it alters modern industry and everyday life. We are very pleased to be at the forefront of exploring and supporting the growth of this fascinating and rapidly emerging industry.”
The capital forum featured:
Presenting Companies
- Asha AI: Revolutionizing the future of pharma and clinical trials by making drug trials virtual and accessible to patients worldwide through the use of AI to improve efficiency and ensure more patients can participate.
- NIRUA: Smart wireless earbuds to help track your Focus and turn Productivity into a fun challenge.
- RYLTI: Advancing healthcare with AIPowered tools that broaden the scope of discovery, enhance molecular disorder diagnoses, and provide evidence that VUSs could be changed to pathogenic DNA variants.
- Secure AIs: The #1 AIGovernance Platform Solution for regulated businesses, allowing them to focus on innovation.
Key Note Speaker, Moderators and Investor/Industry Professional Panel
- Key Note Speaker: Dan Lloyd, Accelerate LI
- Moderator: Corey Massella, LICA President and Managing Director of UHY Advisors
- Investor/Industry Professional Panel: Cory McNeley, Managing Director, UHY Consulting
- Investor/Industry Professional Panel: Weiyee In, Chief Information Officer, Protego Trust Bank
LICA hosted the AI Technology Capital Forum on Friday, April 4, 2025 from 8:00 AM to 11:00 AM Eastern at the RXR Center, 68 South Service Road, Melville, NY 11747. The capital forum provided an opportunity to meet capital providers, entrepreneurs, industry executives and businesses seeking capital, as well as to hear industry experts discuss financing alternatives for growth companies in the AI technology industry.
Save the Dates – Upcoming LICA Events
About Long Island Capital Alliance
Since 1984, the Long Island Capital Alliance (www.licapital.org), formerly known as Long Island Venture Group, has been promoting business growth on Long Island. LICA seeks to create a productive and business-friendly environment that will afford area businesses access to the resources necessary to compete successfully in today’s markets. LICA serves as a focal point for the exchange of ideas among new and existing business enterprises, successful entrepreneurs, investors, and service providers. Through quarterly capital forums and special meetings, LICA brings together members of the region’s business community and has been recognized as the place to turn to when small businesses need equity, debt, or other financing, or for investors to find an attractive investment opportunity.
LICA’s mission is to encourage economic development on Long Island by facilitating capital formation for a broad range of companies in various industries, from early stage to mature, middle market, closely held and publicly-traded businesses. LICA accomplishes this primarily through education, networking, quarterly capital forums, periodic special educational meetings, and alliances with other regional organizations. LICA brings together members of the region’s business community and serves as the finance arm for significant local business and organizations.
The work of LICA in assisting dozens of local companies in raising over $150 million and providing business formation consultation would not be possible without the support of its sponsors. A total of 14 sponsors provide LICA, a non-profit organization, with financial contributions and in-kind services.
Our sponsors contribute significant time and effort to the success of LICA. Please support them! For more information on LICA sponsors and next events, please contact LICA today or register online at www.licapital.org.
