Thursday October 13, 2016 0 comments
CENTENNIAL -- Innovation Pavilion’s TechrIoT, Colorado’s first Internet of Things (IoT) entrepreneurial collaborative, announced it hosted its inaugural IoT-focused Demo Day for eight graduating startup companies.
The graduating cohort pitched their IoT products to a room of investors after a roundtable discussion between Fortune 500 companies, city governments and others around the future of IoT.
“This was our first graduating class, and they did a great job in our TechrIoT Demo Day,” said Suzy Gutierrez, TechrIoT co-founder and community manager.
“They’ve worked so hard this year to leapfrog their businesses forward, and I can’t wait to see what happens for them next.”
The eight startups were selected by TechrIoT’s Executive Advisory Board from more than 120 applications from across the country.
Over six months, Innovation Pavilion helped these companies optimize their business plans, access capital, find key customers, and connect to supply chain resources.
The next round of the accelerator program starts in early 2017.
“Centennial recognizes the importance of building an innovation ecosystem to attract and retain entrepreneurs who are creating companies, jobs and technologies that are changing the world and our economy,” said Neil Marciniak, economic development manager for the City of Centennial.
“IP is key to making this happen in the Denver South region.”
The 2016 cohort graduates are:
- Envio Systems (Calgary, Canada): SMART commercial building management systems
- GoFire (Boulder): Precise dosage control
- Knocki (Houston): A SMART device that turns any surface into a control
- LockState (Denver): A Wifi-enabled remote lock
- Ombitron (Seattle): Business Intelligence for the Internet of Things
- Pet Wireless (San Diego): Health and wellness monitoring for pets
- Place Global (Denver): A Content Platform of Things
- UGrokIt (Steamboat Springs): An affordable RFID read/write device for smartphones
Envio is currently collaborating with Vinci and RWE on pilot projects, and it has already secured customer purchase orders for its IoT solution with Vinci, RWE Daimler, Mercedes and BMW Group.
“The TechrIoT program has been helpful by providing industry contacts and an opportunity to present to VC’s in the USA,” said Reza Alaghehband, Envio CEO.
“This fits well into pursuing growth in North America along with our European contingent.”