MassChallenge Texas Awards $510,000 and Prizes to 10 Startups
Summary
The company is piloting a trial of the technology, he said.The $100,000 will allow the company to generate momentum and get its product out into the field, he said.Were going to save the damn world, Schuster said.Its estimated that over half of our causalities in Afghanistan or Iraq were potentially survivable, said Sean Bauld, Sempulse chief product officer.The prize money allows Sempulse to continue to minimize the device, Bauld said. Across the board, MassChallenge has been able to provide expertise.Another healthcare startup, NovoThelium, which means new skin, out of San Antonio, took home one of the $75,000 Platinum awards. We forget how important they are.Cloud 9 needs community support through MassChallenge because sales cycles are so long with healthcare and government agencies and funding sources are uncertain, he said.This helps us get that initial inertia and momentum going, Adams said.A few weeks ago, Cloud 9 won $100,000 in the Smart Cities Challenge put on by Capital Factory. Brainstorming how to take Texas first and then the east and west coasts.Less than 10 facilities nationwide take food waste to recycle and there are 60,000 farms in the country that need cheaper animal feed, Olivier said.Working with the farmers we can scale nationally, he said.GrubTubs, with 11 employees, has raised $325,000 in seed stage funding.Its customers include Facebooks corporate cafeteria in downtown Austin, which it helped save 53 dumpsters of food from going to a landfill last month, Olivier said. And Popspots, based in Austin, won a $25,000 award for its AdMob product for retailers.And the event included talks by Cristal Glangchai, founder of VentureLab and author of VentureGirls, Julia Cheek, founder of Everlywell, and Bryan Daniel from the Office of Texas Governor Greg Abbott.