It’s been a busy quarter here at EvoNexus since you last read our July Newsletter.
InSilicon Valley, we hosted all of our FinTech startups for our Founder’s Week. The four-day event culminated in our FinTech Demo Day, which was attended by angels, VCs, and professionals across the FinTech industry. We loved seeing everyone working together and learning from each other as the week progressed. See our post covering the week here!
EvoNexus launched its MedTech round on August 18th, alongside sponsors Abbott, Bio-Rad, Dexcom, and ResMed. Applications are still being accepted until October 29th for startups with end-to-end solutions such as:
IoT & AI Health Device Monitoring & Therapy Management
Remote Healthcare, Patient Monitoring & Data Collection
Enhanced Drug Management
AI-assisted Data Analytics & Decisions Support for Clinicians & Patients
Those that apply and are selected will receive an invite to a presentation with the Evonexus selection committee in as little as 2 weeks.
Read on for details about:
The amazing and innovative companies we’ve admitted to our program
Those that have reached milestones and been highlighted in the press
Our thriving portfolio companies who have closed funding rounds
The continuing success of our alumni companies
Portfolio company job postings
We are thrilled to announce the introduction of the following new startups into the EvoNexus portfolio of companies. Each company has undergone a rigorous due diligence process, and we look forward to closely supporting their development over their incubation lifecycle.
Open Sesame, a platform that is pioneering the social audio experience, by allowing carriers to sell the emotional benefit of 5G to consumers.
Pleno, a novel CMOS-based Active-Matrix Digital Micro-Fluidic chip which integrates multi-omic sample-prep and detection on a single reconfigurable device.
RetMap, Inc, a medical device company providing innovative diagnostic solutions for ophthalmic care.
SatelIot, the first satellite telecom operator for global continuous IoT connectivity merging satellite and terrestrial networks under 5G protocol.
These are some of the press stories about our current portfolio companies:
FarmTogether partnered with Carbon by Indigo to drive on-farm climate action. The collaboration will advance farmland as a meaningful climate solution while opening a new income stream for farmland and farmland investors.
Advanced Image Robotics successfully debuted their camera-to-cloud AIR One remote video production system at the La Jolla International Fashion Film Festival.
Propel(x) CEO, Swati Chaturvedi, was named by the San Francisco Business Times as a top 100 Most Influential Women in Bay Area Business.
Skeyeon, the creator of a Near Earth Orbiter satellite that enables high-resolution while remaining low-profile and cost-effective, was featured on the cover of Space News.
QuSecure was named by CB Insights as one of the top 28 cybersecurity firms of 2021.
These companies currently in the EvoNexus incubators successfully closed their funding rounds this past quarter:
QuSecure, a patented suite of software based post-quantum cybersecurity products, triple oversubscribed a $1.5 million round on a $24 million pre-money-cap.
GoX Labs, a developer of wearable sensors for workforce injury predictive analytics and risk management, raised $1.5 million.
RetMap, Inc secured $1 million in an oversubscribed seed round.
Noonum, a SaaS FinTech company which empowers investors to build and monitor custom portfolios for themes and trends, finalized a partnership with the Credem Group in Italy. The agreement entails an equity investment from their Corporate Venture Fund alongside the opportunity to leverage the technology within the asset and wealth management groups of the Italian Bank.
Neutroon, a Network-as-a-Service platform that allows clients to deploy advanced private networks in minutes and at a lower cost, secured $650,000 led by 5G Ventures with strategic investors Ferrovial and SharedAccess.
Open Sesame secured a $75,000 SAFE from Emerging Ventures.
After leaving the Evonexus nest, many of our alumni companies go onto great success:
InBrace, an orthodontics company whose Smartwire invisible braces technology is hidden behind a patient’s teeth, raised a $102 million Series D led by Farallon Capital Management and Marshall Wace. MVM Partners, Soleus Capital, Endeavour Vision, Vivo Capital, Novo Holdings, venBio, BlackRock and RTW Investments also participated in the round.
SOCi, a provider of a localized marketing platform built for multi-location marketers, acquired Brandify, a provider of location-based digital marketing solutions.
GigaIO, a rack-scale composable infrastructure solution that delivers the unlimited flexibility and agility of the cloud at a fraction of the cost, raised a $14.7 million Series B, led by Impact Venture Capital.
The aprevo, a personalized spinal fusion device created by Carlsmed, won the prestigious Spine Technology Award. Presented by Orthopedics This Week at the North American Spine Society (NASS) meeting, the award is given to exemplary and innovative spine surgery products that improve spine care.
Are you looking to join a vetted, top-tier start-up? Many of our portfolio companies are looking to quickly scale. Current job openings range from engineering and product to supply chain to marketing and business development. Click the link below to see what you may be a fit for.
Listen to what what founders in our current portfolio companies have to say about EvoNexus:
EvoNexus welcomes all FinTech, 5G / Ai / IoT , or MedTech startups to apply to our incubation program. Follow the link below to begin our application process. If this does not apply to you but to someone you know, please send them our way!
Our triumphs are a result of our close partnerships with the world’s leading influential companies in 5G, MedTech, and FinTech, as well as with angel, seed, and other early-stage investors! EvoNexus, as a non-profit, further succeeds thanks to the support we receive from our volunteers and selection committee members, and top providers of professional services. If you are involved with a company that should be connected with EvoNexus, click on the button below to connect with us.
