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Oct 22, 2024

FAU Tech Runway welcomes 17 companies into 14th cohort of Venture Program

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Florida Atlantic University’s Tech Runway® has announced the acceptance of 17 innovative companies into the 14th cohort of its prestigious Venture Program.

As a cornerstone of Florida Atlantic University’s entrepreneurial ecosystem, Florida Atlantic Tech Runway® (“FAU Tech Runway”) continues to serve as a dynamic business accelerator and innovation hub, providing South Florida’s most promising startups with the resources needed to scale and succeed. The Venture Program offers a comprehensive suite of services, including entrepreneurial instruction, structured mentoring, networking opportunities, capital-raising assistance, co-working space, intern support, and access to a robust schedule of events. Through FAU’s Innovation and Business Development pipeline, participating startups gain access to the tools, expertise, and networks necessary to propel their growth.

Jessica Beaver, Associate Director of FAU Tech Runway

“This exceptional group of startups brings fresh energy and innovative solutions to FAU Tech Runway,” said Jessica Beaver, Associate Director of FAU Tech Runway. “Their work not only complements the groundbreaking research at FAU but also strengthens South Florida’s entrepreneurial landscape. By connecting them with our network of mentors, resources, and support systems, we’re investing in the future of South Florida.”

Companies accepted into the program are strategically aligned with FAU’s research focus areas, including cutting-edge fields such as drone technologies, educational technologies, environmental and marine sciences, ocean engineering, neuroscience, healthy aging, big data analytics, artificial intelligence (AI), machine learning, cybersecurity, sensing, and smart systems. By connecting startups with FAU’s world-class research and academic resources, the Venture Program accelerates the commercialization of breakthrough technologies and innovations.

Since its inception in 2014, FAU Tech Runway has been instrumental in the success of numerous startups, driving innovation and economic growth across the region. The program has helped companies raise millions in venture capital, create high-paying jobs, and contribute to the thriving South Florida tech ecosystem.

The 14th cohort will receive year-long access to the Venture Program’s expansive resources and join a vibrant community of entrepreneurs, mentors, and industry leaders committed to advancing innovation. Alumni of the program remain connected through FAU Tech Runway’s network, continuing to benefit from ongoing support as their businesses scale.

The 17 companies in Venture Class 14 are:

  • AIKOLO LLC, an EDGE AI company that develops a box-style unit, is set to introduce AI capabilities to the global array of long-range surveillance sensors in a simple, rapid and cost-effective manner.
  • Arranged AI is dedicated to addressing a pressing issue: 58% of Americans collectively spend $202 billion annually to combat loneliness. It is the first voice-based matchmaking app designed to build authentic relationships.
  • Clean Box Enterprise Inc. is a fully autonomous human sanitation machine designed to provide a quick, convenient and efficient way for individuals to clean their bodies from neck to feet. Its state-of-the-art technology and innovative features include water temperature.
  • Dreamigos LLC is a dedicated platform for dreams. Its core product is an online dream diary where dreams are recorded and optionally shared. Dreamers will have access to a vast network of dream therapists for interpretation, education and more.
  • eJet Aerospace makes electric defense aviation a reality, as it has patented the first electric cold jet propulsion system technology known as SMAPAD®.
  • Epilyse is a pioneering seizure detection app integrated with wearable devices to empower epilepsy management through cutting-edge technology and AI.
  • Evala.ai is an AI-powered platform designed to help early-stage founders create and perfect their pitch decks. Founders upload their pitch deck and receive slide-by-slide actionable feedback and suggestions, scoring and a full summary.
  • ExtremeComms Lab Inc. is an affordable and programmable underwater wireless modem to build the internet of floating things.
  • Future Optek LLC makes mixed reality glasses used to aim firearms. The AR glasses enable someone’s aim from an otherwise impossible position (e.g., the hip), has rapid target acquisition, and reduces response time for the situations where saving seconds saves lives.
  • NanoDetect stands at the forefront of accessible, cost-effective, rapid, non-invasive and convenient medical diagnostics, meant to spearhead a revolution in health care through its groundbreaking nanotechnology.
  • Neurodiverse Educational Testing (N.E.T.) offers advanced AI-driven assessments for neurodiversity, to facilitate early diagnosis and tailored support for children. N.E.T. enhances 504 education plans, empowering families and educators to address the unique needs of neurodiverse students.
  • Send Amor is a multinational remittance financial service that focuses on mobile-to-mobile money transfers, providing a reliable secure way for various populations to send and receive money across continents.
  • Social Wellbeing LLC is a platform that connects patients, communities and health care providers. Its goal is to streamline the search for quality care by offering a quicker, more efficient way to locate excellent health care services in your area.
  • Starfish Software LLC uses AI to help small businesses understand and lower costs. Its AI integrates into accounting systems and automates the P&L analysis, saving customers time and money.
  • Sternum Shield helps open-heart, thoracic and cancer patients recover faster and heal quicker after surgery, alleviating pain, discomfort and fear associated with surgery.
  • Strong Interactive.io pioneers digital solutions specializing in Web 3, mixed reality and AI technologies, to create immersive experiences in sports, entertainment and hospitality, while enhancing fan engagement and offering innovative AR and AI driven content.
  • Wholesale Payroll LLC is a payroll software platform for industry professionals to create scalable and profitable revenue centers within their practice.

For more information about Florida Atlantic Tech Runway, visit www.fau.edu/techrunway.