Xatoms and Knead take home top prizes amid strong Canadian showing at SXSW pitch competition
Summary
Toronto-based Xatoms and Calgary-based Knead Technologies won top prizes in their SXSW pitch categories in Austin. Knead sells customizable software that helps food banks and other nonprofit food redistribution groups match with local donors, while Xatoms uses AI and quantum chemistry to make water safe to drink. Knead has already helped redistribute more than 2 million pounds of surplus food and recently closed an $800,000 pre-seed round. Xatoms also continues to build visibility after collecting multiple awards at past startup competitions.
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