South Florida Tech HubSouth Florida Tech Hub

By Nikki Cabus

Florida Venture Forum announces a record number of companies to pitch at Florida Early Stage Conference

Read Time 9 Minutes

Florida Venture Forum, Florida’s largest statewide support organization for investors and entrepreneurs, today announced a record number of the companies selected to present at its 2024 Florida Early Stage Venture Conference, being held at the Dr. Phillips Center in Orlando, June 4 – 5, 2024. 

The 2024 Florida Early Stage Venture Conference also will feature the Statewide Collegiate Startup Competition, with 10 colleges and universities participating, and the Space Florida AeroTech Summit, featuring presentations and programming relevant to aerospace and related technologies.

Kevin Burgoyne, president and CEO of Florida Venture Forum, said, “The breadth and quality of our 2024 presenting companies is incredible, and our selection committee did an amazing – and difficult – job of reviewing a record number of applications to select them. On behalf of our members and staff I want to thank the committee as well as our sponsors and partners for helping us build what promises to be a record-breaking conference.”

The Florida Venture Forum is Florida’s largest statewide support organization for investors and entrepreneurs, helping companies with headquarters, operations or supply chain in Florida connect with sources of capital from across the country. Since 1984, over 2000 companies have presented at Forum events and have gone on to raise more than $16B in equity capital and contribute well over that amount in total economic value to Florida. The Forum’s membership represents a “Who’s who” of venture capital and private equity dealmakers, including equity and debt investors at all stages, as well as major law, accounting, and investment banking firms, and large corporates active in the innovation ecosystem. The Forum provides programs and programming statewide throughout the year in addition to hosting major annual conferences like the Florida Venture Capital Conference, the Statewide Collegiate Start-up Competition, the Early Stage Venture Conference, and industry-focused events.

South Florida Tech Hub member company and Boca Raton-based startup, Cuemby, an ecosystem that simplifies the deployment of applications on the cloud through their AI-powered platform, will be pitchng at this year’s conference for the first time. The company has a large presence in Latin America and is now making a name for themselves in the United States starting with Florida.

“As Cuemby prepares to pitch at Florida Venture Forum’s 2024 Florida Early Stage Venture Conference, we eagerly anticipate the opportunity to connect with top funders, innovative companies, and active investors,” Angel Ramirez, CEO & Co-founder of Cuemby and one of the South Florida startups pitching at the conference.

“Accepting the chance to present in front of our peers and the larger tech community is a tremendous honor. It’s an opportunity to showcase our AI-powered platform, which simplifies cloud application deployment, enhances developer productivity, and ensures robust security. We’re delighted to share our vision and contribute to Florida’s vibrant startup ecosystem!

Ben Patz, managing partner at DeepWork Capital and conference selection chair, said, “This year we have seen an exciting range of impressive applicants from across the state. By having three tracks for presenting companies, we are able to showcase those innovative aerospace technology focused companies along with a separate track for innovative early stage companies more broadly. All this with truly innovative collegiate companies. There will be something engaging for all early stage investors.”

 

Early Stage participating companies, by South, Central and North Florida regions:

SOUTH FLORIDA

  • Algas Organics (Miami) – Addresses the deforestation and sustainability challenges faced by packaging, paper, and pulp companies by replacing traditional deforestation-derived wood-based fiber with a novel, cost-effective seaweed-based solution. Their low-cost seaweed-based pulp fiber can be blended with wood pulp to produce paper and packaging whilst reducing deforestation.
  • Cuemby (Boca Raton) – An ecosystem that simplifies the deployment of applications on the cloud. Their AI-powered platform is designed to enhance developers’ productivity, supply robust security, and ensure cost efficiency. They are a community that empowers developers worldwide with innovative tools and services.
  • HelixVM (Boca Raton) – Built a software platform that dramatically increases physician productivity while increasing patient access. There are two go-to-market strategies- the first being the “Uber of Healthcare,” known as the HelixVM Marketplace. The HelixVM Marketplace provides rapid health care, often without a video visit, to patients across the US. As patients enjoy health care at any time, physicians appreciate significant income opportunity. In 2024, HelixVM will introduce the second strategy, leveraging its platform and marketplace expertise to extend these dramatic productivity enhancements into physician practices.
  • Woof (Miami) – A pet id that provides a system of records (SaaS) to enterprises (business and governments) that can benefit from pet data as a tool to drive engagement, human-pet wellness, and mental health, while reducing pet parenting costs and complexities.
  • HealthMe Technology (Naples) – A physician-founded digital healthcare platform that improves and automates the delivery of healthcare to patients and employers who pay directly for their healthcare. This growing group of directpay patients include employees of self-insured businesses, independent small business owners, and those disenfranchised by the high cost of health insurance.

 

CENTRAL REGION

  • Agora World (Orlando) – A “Canva for 3D” – a No-code Social XR Creation Suite for teams to create collaborative, photorealistic, 3D experiences and digital twins in minutes. Agora World is revolutionizing digital twin creation by offering an intuitive, no-code platform that transforms complex 3D design into a seamless, drag-and-drop experience.
  • Everix (Orlando) – Enables mass deployment of compact personal health and technology devices with features that were unaffordable in the past. They transform an inexpensive polymer into a nano-material (optical filter) that is worth 20x the value of GOLD by weight. They make it 10x-100x more cost efficient, 70x more energy efficient, and 20x more compact than their competition.
  • Home Lending Pal (Orlando) – A geospatial data and analytics platform offering a CRA-as-a-Service technology for U.S. lenders. It streamlines home-buying assistance eligibility checks, providing real-time insights into consumer behaviors and pathways to homeownership. This white-labeled solution automates support for near-mortgage-ready applicants, minimizing declinations and enabling lenders to effortlessly scale affordable housing efforts at the loan officer level. Additionally, it enables lenders to cross-sell other financial products, ensuring a low-pressure consumer experience.
  • Kalogon (Melbourne) – Founded by a team of former SpaceX and NASA engineers with $2.5M in seed funding, Kalogon has found product-market fit and is on track to over $1M ARR in 2024 with its first two products in the wheelchair space, Orbiter and Booster. In April 2024, the company announced a Medicare-coded product, Orbiter Med.
  • Precision Periodic (Orlando) – Poised to revolutionize the US battery industry using PuraLith, their cutting-edge lithium refinery.  PuraLith leverages Precision Periodic’s state-of-the-art purification product and processes to produce the highest purity lithium available. PuraLith can purify lithium from ANY source, no matter the impurities or quality. The entire process takes less than one hour and costs under $0.82 per kilogram, compared with the traditional eight-plus hours and $2.00 – $5.00 per kilogram. Their process also eliminates the environmental impact of traditional methods.
  • Rahm Sensor Development, Inc.  (Orlando) – Aims to disrupt the patient monitoring market with their flagship product, the RahmSD Guardian. This device offers zero-touch monitoring of heart rate, respiratory rate, and body temperature from distances of up to 5-6 feet. What sets the RahmSD Guardian apart is its capability to wirelessly transmit these vital metrics alongside a live video feed of the patient, ensuring continuous and unobtrusive patient care.
  • Silicon Assurance (Gainesville) – A hardware security startup committed to pioneering EDA software technologies that excel in detecting, assessing, and mitigating security vulnerabilities in silicon chips designed by semiconductor and system companies like Intel, NVIDIA, and Google. The distinctive feature of these technologies lies in their capacity to recognize threats before the critical chip fabrication stage.

 

NORTH FLORIDA

  • National Energy USA (Tallahassee) – A minority-owned, veteran-owned engineering firm. As a ClimateTech company, they sit at the intersection of energy security and the Circular Economy. Addressing climate change and promoting sustainability are key global priorities and National Energy provides subject matter expertise in these critical areas.
  • Nhu Energy (Tallahassee) – Provides high-performing digital operating technology (OT) solutions that enable clean, flexible, resilient distributed electric power at scale. Their suite of best-in-class proprietary and patented digital control, optimization, and analytics technologies backed by our Operating Technology as a Service (OTaaS)™ performance-oriented support provide mission critical facilities such as hospitals 24×7 clean energy, 22% reduction in demand charges, 24×7 clean uninterrupted backup power for OR’s and ICU’s, and provide electric utilities instantaneous power continuity for distribution circuit customers from 100% clean energy on loss of grid.
  • OrthodontiCell, Inc. (Ponte Vedra Beach) – Has new technology together with braces or aligners, that will shorten the time to permanently move and stabilize the root of the tooth in 3 to 6 months compared to 18 to 24 months. They have completed a study involving 44 patients, which was submitted to the world’s largest orthodontic magazine. The results showed that 60% of patients achieved permanently straightened teeth in 3 months, and 100% achieved this in 6 months.

 

BEYOND FLORIDA

  • BarrelSense Inc. (Lafayette, Indiana) – A SaaS IoT platform that enables Distillers to take a data-driven approach to managing the critical product aging process as well as detect costly leaks. BarrelSense will be the first solution in market that allows distillers to integrate data, providing a complete “barrel-centric” view of their product/spirits.

 

Space Florida AeroTech Summit participating companies, by South, Central and North Florida regions:

 

SOUTH FLORIDA

  • eJet Aerospace (Miami Lakes) – Making electric aviation a reality providing safer, faster, and more cost-effective travel. With over 24 years of research and development, they have patented the first cold jet propulsion system technology known asSMAPAD®, which has been internationally recognized as the best technology patented from Latin America by The World Intellectual Property Organization (WIPO).

 

CENTRAL FLORIDA

  • ETA Space, LLC, Rockledge.  ETA Space, LLC, is a cryogenic fluid management company serving the New Space and Terrestrial Energy markets through servicing equipment. Their critical technology enables sustainable space exploration by developing propellant depots for orbital and lunar locations, with sizing for various missions.
  • Lonestar Data Holdings, LLC (St. Petersburg) – Global Backup, Global Refresh, and Global Restore. Their mission is to apply abundance thinking and exponential technologies to the endless possibilities of lunar data storage for the human race, and in so doing to the exploration of the Moon and beyond. Lonestar’s vision is fueled by remarkable investors led by Scout Ventures, 2 Future Holdings, Seldor Capital, and the Veteran Fund. Irongate Global Capital, Atypical Ventures, Kittyhawk Ventures, and Backswing Ventures. Lonestar is committed to a carbon negative future.
  • MySky Eco, Inc (Port Orange) – A startup aircraft manufacturer that is entirely self-funded.  They have flying prototype with over 400 flight hours and more than 1,000 test flights. They are looking to expand into production with three key product lines: a very efficient piston-powered aircraft, a modular drone platform, and an electrically powered flight training aircraft. Additionally, they plan to use blockchain technology for advanced analytics and supply chain volatility smoothing.
  • Improving Aviation (Tampa)  Specializes in delivering real-time, actionable insights to critical sectors where it’s most needed, empowering community heroes like military personnel and firefighters to maintain safety with greater efficiency. Their small but dedicated team enhances crucial operations with innovative, adaptive, and non-disruptive technological solutions.
  • Ocellott LLC (Daytona Beach) – An electronics engineering company that creates innovative solutions to electrify both the current and next generation of aircraft, the eVTOL “electric vertical takeoff and landing” in a safe manner.
  • Satellite Augmentation, LLC (Tampa) – Has developed an innovative system (US and International Patent No. 11,554885) that breathes new life into dormant satellites. By supplying propulsion, power and data transfer capabilities, SAM helps clients across industries recover assets and maximize profits.
  • Space Perspective (https://spaceperspective.com /) Titusville.  Space Perspective is leading Carbon Neutral Space Tourism, making travel to space accessible for the masses. They are a Luxury Travel Brand with a large percentage of sales coming through Trade & Channel partners in the space.VerdeGo Aero, Inc (https://verdegoaero.com/)  Daytona Beach.  VerdeGo Aero, Inc designs and assembles powerplants for the new, $10B electric aircraft market. Their aim is to help aircraft designers develop sustainable and high-performance aircraft by taking certified aircraft engines and applying their patented technology to hybridize them. This facilitates the creation of fleets of innovative aircraft designed and built to meet demand in commercial and military applications.X-lumin (www.x-lumin.com ) Merritt Island.  X-lumin is powering the widespread use of wireless communication services to enable others to digital, secure, and exchange data “from light.”  They provide turn-key systems for ground to space laser communication, land based optical wireless communication, and space situational awareness with advanced integration capabilities.

 

BEYOND FLORIDA

  • M Aerospace RTC INC. (Austin, Texas) – Combines high Engineering Expertise On 3D Printing with Industry. Through their Smart Factory Armdust 2.0 Additive Manufacturing Solution and their Patent of Laser Cladding Technology (Cold Spray) that allows you to 3D print, drill and assemble.

 

Presenting companies that will be participating in the Statewide Collegiate Startup Competition include:

  • Biominer, representing the University of Miami
  • Bite Belt, representing Florida Gulf Coast University
  • Cordelia Bio, representing the University of Florida
  • JustTap, representing Florida Southern College
  • Limitless Aeronautics, representing Embry Riddle Aeronautical University
  • NanoSense, representing Florida Atlantic University
  • Rush Power, representing the University of Tampa
  • Silent Rolling Robotics, representing the University of South Florida
  • Skye Meraki LLC, representing Stetson University
  • Unbound Disability Claims, representing the University of Central Florida

 

For more information and to register for the conference, visit: www.flventure.org/florida-early-stage-venture-conference.  

By Nikki Cabus

Florida Venture Forum and South Florida Tech Hub partner for a Venture Capital Mid-Year Review

Read Time 4 Minutes

Florida Venture Forum and South Florida Tech Hub partnered to host the Venture Mid-Year Review in downtown Ft. Lauderdale at the beautiful The Main Las Olas bringing together startup founders, investors, and entrepreneurs from Miami, Tampa, Orlando, Ft. Lauderdale, Fort Myers, Boca Raton and across the state.

As VC funding to startups is on a steady decline across the country, the state of Florida is certainly not immune. The fundraising environment isn’t getting easier for technology startups.

According to the Q2 2023 Pitchbook-NVCA Venture Monitor Report, startups in Miami-Dade, Broward and Palm Beach counties secured just under $400 million from venture capital investors over 79 deals during the second quarter. Compared to the same period in 2022, that’s a major decline from the $1.2 billion that investors directed to local companies.

Although fundraising is difficult in the current market, there are still opportunities for companies that are able to execute on their plans. Many hugely successful startups were born during a down market. This was the consistent message from the event’s expert panel of investors who discussed the state of raising capital in South Florida and if it’s time to be cautious or a great time to invest.

Panelist and entrepreneur turned venture capitalist, Mark Volcheck, told South Florida Tech Hub that “2023 seems like a great time to invest in startups! So, I’m puzzled by all the VC firms that are pulling back and waiting on the sidelines. What are they waiting for?” Mark is also a Founding Partner at Las Olas Venture Capital based in Ft. Lauderdale.

“2023 has been a very dynamic year, with the market environment changing rapidly.  Provisioning an update mid year on the state of the VC industry was very timely when many entrepreneurs are wondering what direction the market is moving. There were many key takeaways from the panel,” said Mark.

He continued, “First off, valuations and revenue multiples have come down dramatically in most sectors over the past 18 months.  However, funding is still available for companies that are growing and solving real problems.  The bar is higher than it has been in a long time, but many of the best companies are started in tough times!”

The other panelists included Tim Cartwright, Partner of Fifth Avenue Family Office in Tampa, Kathy Chiu, Founding Managing Partner of Deep Work Capital in Orlando,  and David Zinn, Co-founder and Managing Partner of Ocean Azul Partners in Miami. 

The panelists agreed that the decline in fundraising is due to a number of factors, including interest rates, the lack of IPOs, and the general economic uncertainty. However, they also stressed that there are still investors who are willing to write checks, but it’s important to be realistic about the challenges you face and align your expectations with investors.

Kathy Chiu emphasized the importance of finishing what you start and of focusing on achievable milestones. She also warned against trying to do too much at once and suggested that startups should focus on the areas where they have a competitive advantage.

Nate Vasel, Partner at Las Olas Venture Capital, shared similar advice in an interview with South Florida Tech Hub stating that “Founders should focus on getting to breakeven, improving their operating margins, and extending their runways.

“They should also be realistic about the challenges they face and align their expectations with investors.”

The panel discussion was a valuable opportunity for entrepreneurs to learn from experienced investors about the current state of fundraising and how to position their companies for success. The panelists’ advice is clear and concise and provided valuable insights for startups that are looking to raise money in the current environment.

Here are the takeaways from the panel discussion:

  • The fundraising landscape is challenging, but there are still opportunities for companies that are able to execute on their plans.
  • Investors are looking for companies that have a clear path to profitability and that are able to demonstrate traction.
  • It is important to be realistic about the challenges you face and to align your expectations with investors.
  • Focus on finishing what you start and on achieving achievable milestones.
  • Don’t try to do too much at once.
  • Focus on the areas where you have a competitive advantage.

Pat Schneider, VP of Florida Venture Forum said, “The willingness of the VC panelists to share their knowledge and insight; coupled with the engagement level of the audience was the best part of the event. Plus, taking guests out to walk on the glass sky deck of The Main, while gauging their level of courage, was fun and a good ice breaker!”

By Nikki Cabus

Miami-based Kind Designs wins Florida Venture Forum’s Aerospace + EmergingTech Forum 2023

Read Time 5 Minutes

The Florida Venture Forum and co-host, Space Florida, hosted the 2023 Aerospace + EmergingTech Forum awarding over $200,000 in cash and VC investment.

The event is a capital acceleration competition and business networking event featuring presentations by some of Florida’s most promising early and mid-stage tech companies bringing together aerospace and tech enthusiasts and investors. The closing reception for the Aerospace Innovation awards was held on June 8th at the newly expanded Groundswell Startup Incubator in Melbourne, Florida. The reception featured speakers, panel discussion, and pitches from the finalists.

The panel discussion featured area tech resources and successfully funded entrepreneurs from companies such as Embry Riddle Aeronautical University, Groundswell Startups, Sensatek Propulsion Technology, Inc. and Helicon. It was moderated by Danielle Mousseau, Manager of Economic Development at 35 Mules, an innovation hub started by Florida Power & Light Company (FPL), a subsidiary of NextEra Energy. FPL was the Title Sponsor of the evening.

Florida Venture Forum is Florida’s largest statewide support organization for investors and entrepreneurs, helping fast-growth companies connect with sources of capital from across the country. Since 1984 more than 2000 companies have presented at Forum events and have gone on to raise upwards of $16B in equity capital, producing billions more in economic value to Florida. The Forum’s 250+ members represent a “who’s who” of venture capital and private equity dealmakers, including equity and debt investors at all stages, as well as major law, accounting, and investment banking firms, and large corporates active in the innovation ecosystem.

The finalists were chosen from a pool of over sixty applicants. The panel of investors reviewed each company’s presentation along with additional supporting materials giving insight into the company’s growth potential. Selected presenting companies were innovative and have a focus in aerospace and/or emerging technologies. This year’s event was one of the most competitive to date.

“The selection of companies from the long list of qualified applicants was made by a committed group of early stage investors. A special thanks to the selection committee for their hours of work and an equal thanks to the companies that provided information and presentations, and made this selection process the most competitive to date,” said Ben Patz, Managing Partner of DeepWork Capital.

“We were incredibly impressed by all the presenting companies and are excited about the opportunities for continued investment in this space,” said, Benjamin Patz, managing partner, DeepWork Capital. “Investing in cutting-edge sectors that stem from the transformative power of emerging and aerospace technology is a strategic move and critical to driving success.”

The “Final Four” winning companies are listed below:

GRAND PRIZE WINNER ($40,000) | Kind Designs

Miami Beach headquartered, Kind Designs (www.kinddesigns.com), is addressing the rising sea-level challenge by 3D Printing structural seawalls that both protect coastal communities and function as artificial reefs, sequester CO2 and have built-in sensors to track essential water quality data. The Living Seawalls are exponentially cheaper and faster to produce and permit than any conventional seawall products on the market.

It’s estimated that by the year 2100, Miami will be completely submerged by water. Kind Designs founder, Anya Freeman, a Ukraine native, lived in Israel before coming to Miami to study law. The love of technology drew her to 3D printing. Originally interested in building 3D-printed homes, Any changed her focus towards seawalls once she learned about the ability to mitigate the effect of climate change and rising sea levels.

In addition to the cash prizes awarded, DeepWork Capital, an early-stage venture capital firm based in Orlando, is announced they will invest $100,000 in Kind Designs.

1ST RUNNER UP ($30,000) | Zulu Pods, Ft. Lauderdale, FL., www.zulupods.com, is an aerospace and defense company who design and manufacture decentralized fluid delivery systems. The company is focused on unitizing part counts on components such as jet engines and/or geartrains, thereby reducing cost, reducing weight and increasing performance. With their patented pod technology, they can drastically reduce part counts for expendable jet engines (think of engines that power drones or missiles) or back-up emergency lubrication systems (think of helicopters or single engine fighter jet engines).

2ND RUNNER UP ($20,000) | Ainthoven, Cocoa Beach, FL., www.whoweplayfor.org, the company is bringing life-saving electrocardiogram (“ECG”) heart screenings to pediatrics and young adults in the United States and beyond.

3RD RUNNER UP ($10,000)Gigantor Technologies, Inc., Melbourne Beach, FL., www.gigantor.com/, provides an AI accelerator that can speed up neural network models to speeds nVidia, Tesla, that the company says – others cannot touch. If the process latency is reduced to a fraction of other solutions it can enable Deep and Convolutional neural networks (computer vision, radar, lidar) to work with any frame size, HD, 4K and above with no data loss, it also reduces power by over 90%.

Event co-host, Space Florida, was created to strengthen Florida’s position as the global leader in aerospace research, investment, exploration and commerce. As Florida’s aerospace development organization, we are committed to attracting and expanding the next generation of space industry businesses. With its highly trained workforce, proven infrastructure and unparalleled record of achievement, Florida is the ideal location for aerospace businesses to thrive – and Space Florida is the perfect partner to help them succeed.

“This year’s applicants exhibited exceptional innovation and leadership, and we believe they are poised to make an impact on the aerospace industry in today’s business climate,” said Space Florida President and CEO Frank DiBello. “To date, capital accelerator programs supported by Space Florida have attracted more than $600 million in funding and investments for companies. We are proud be the financial propellant that helps new ideas take off.”

“Congratulations to Kind Designs, Zulu Pods, Ainthoven, and Gigantor Technologies from this year’s forum,” said Kevin Burgoyne, president and CEO of the Florida Venture Forum. “Through our work and collaborations, we continue to be on the forefront of driving innovation and progress with early-stage companies across various industries.”

To see the images of all winning companies, click here.

By Nikki Cabus

Space Florida and Florida Venture Forum Award $100,000 to Early Stage Companies

Read Time 4 Minutes

Space Florida and the Florida Venture Forum, Florida’s largest statewide support organization for investors and entrepreneurs, are pleased to announce the award winners at the 2022 Florida Early Stage Capital Conference in Tampa will receive a total of $100,000. The Early Stage Capital Conference is “where capital and innovation meet!”

This event marks the 15th year the Florida Venture Forum has hosted the Florida Early Stage Capital Conference. The 19 presenting companies including 8 from southeast Florida were selected from a pool of more than 150 applicants by a committee of active Florida venture capital investors. The companies eligible to win originated from one of several industries including aerospace, artificial intelligence, robotics, virtual reality, cybersecurity, and others.

A total of 19 companies presented this year and 3 of the 5 winners were from South Florida!

Grand Prize Winner ($40,000) – Miami (Miami-Dade County)

EVQLV leverages advances in computation to revolutionize the design and development of therapeutic antibodies. We work with partners at the discovery stage to accelerate the speed of antibody discovery. For those collaborators who have preclinical, clinical, or commercial assets, we support the optimization of antibody candidates, develop assets that expand IP protection, and design next generation and innovative immunotherapies. All of our work is performed at accelerated speeds and scale only feasible by leveraging computational tools that learn from massive and diverse datasets.

 

2nd Place Winner ($30,000) –  Daytona Beach (Volusia County)

Novineer, Inc. is a design hub where novel engineering design meets 3D printing. The company plans to bring a 3D printing design and simulation software to market that will streamline the process of designing, modeling and fabricating parts

 

 

 

3rd Place Winner ($20,000) – Juno Beach (Palm Beach County)

Revterra Corporation is developing a modular kinetic battery designed to mitigate demand charges and infrastructure upgrade requirements in applications such as high-power electric vehicle charging and larger grid-scale applications. They are a 35 Mules (powered by FPL) innovation hub startup.

 

 

Additionally, OverTheShoulder and Pet HealthCare Innovations were the recipients of the 13th annual 2022 Statewide Collegiate Startup Competition, attracting the “best of the best” in collegiate competitors from 11 of Florida’s leading innovation-focused colleges and universities.  They were an FAU Tech Runway startup. They will receive $5,000.

“This year’s applicants exemplify the ingenuity and forward-thinking that is essential to success in the today’s business climate. The ingenuity of this year’s winners is a testament to the innovative and entrepreneurial culture we have fostered here in Florida,” said Space Florida president and CEO Frank DiBello. “Together with the Florida Venture Forum we are proud to support these businesses as they continue to push boundaries and bring new technologies and solutions to market.”

Space Florida provided the Accelerating Innovation prize money totaling $100,000. The goal of the Early Stage Capital Conference is to provide Florida entrepreneurs and innovators an opportunity to engage with potential investors. Space Florida supported capital accelerators have attracted more than $640 million in funding and investments for the participating companies. Seven colleges and universities were chosen to participate in this year’s Statewide Collegiate Startup Competition.

Space Florida was created to strengthen Florida’s position as the global leader in aerospace research, investment, exploration and commerce. The Florida Venture Forum is Florida’s largest statewide support organization for investors and entrepreneurs, helping fast-growth companies connect with sources of capital from across the country.

“Congratulations to EVQLV, Novineer, Inc., Revterra Corporation and to all the winners and participants at the 2022 Early Stage Capital Conference,” said Kevin Burgoyne, president and CEO of the Florida Venture Forum. “We are extremely grateful to our partners at Space Florida for their support and commitment to the Forum, and to Florida’s innovation ecosystem. Cash awards like this one, plus the venture capital Forum members invest in startups, are like rocket fuel for the companies powering Florida’s future.”

The Forum provides programs and programming statewide throughout the year in addition to hosting major annual conferences like the Florida Venture Capital Conference, the Statewide Collegiate Startup Competition, the Early Stage Capital Conference, and industry-focused events including aerospace and healthcare.

For more info on the Florida Early Stage Capital Conference, visit flventure.org/2022-early-stage-capital-conference/

Florida Venture Forum announces a record number of companies to pitch at Florida Early Stage Conference
Florida Venture Forum and South Florida Tech Hub partner for a Venture Capital Mid-Year Review
Miami-based Kind Designs wins Florida Venture Forum’s Aerospace + EmergingTech Forum 2023
Space Florida and Florida Venture Forum Award $100,000 to Early Stage Companies