Announcement: Semi-Finalists for the Eighth Annual Accelerate Michigan Innovation Competition

Announcement: Semi-Finalists for the Eighth Annual Accelerate Michigan Innovation Competition

SEMI-FINALSTS ANNOUNCED FOR 8th ANNUAL ACCELERATE MICHIGAN INNOVATION COMPETITION

36 high-tech startups offering groundbreaking ideas in consumer products, healthcare, IT, mobility and more, to compete for $1 million in cash and prizes

DETROIT – October 3, 2017 –

The stage is set for the 8th Annual Accelerate Michigan Innovation Competition, the state’s largest convening of high-growth, high-tech companies and venture investors. Today, 36 innovative startups from a variety of high-growth sectors including advanced materials, manufacturing, alternative energy, business services, consumer products, information technology, life sciences/healthcare, media, mobility and more, learned they are this year’s semifinalists.

“We are extremely impressed with the diverse and creative entries that came to us from across the state and we’re excited to unveil an outstanding new crop of competitors,” said Martin Dober, Vice President of Invest Detroit and Managing Director of Invest Detroit Ventures. “This competition has the potential to be life changing for these businesses. It is truly rewarding to help put promising young startups on a trajectory toward success.”

Each year, the Accelerate Michigan Innovation Competition showcases the start-up innovation happening throughout Michigan and provides startups with the exposure, funding, and mentorship they need. This year’s event is fueled by significant support from the Ralph C. Wilson, Jr. Foundation. The metro Detroit-based philanthropic organization provided a $250,000 grant and will serve as the program’s Title Sponsor. Since the competition’s inception, participating companies have generated more than 1,000 jobs in Michigan and raised more than $550 million in capital.


2017 Accelerate Michigan Innovation Competition Semifinalists

The 2017 Semifinalists represent Ann Arbor, Detroit, Grand Rapids, Lansing, metro Detroit and Michigan’s Upper Peninsula. Company names and brief description are listed below.

  • Airspace Experience Technologies, Detroit
    Developing on-demand air logistics and air mobility solutions with MOBi, and electric vertical take-off and landing (eVTOL) aircraft
  • Alchemie, Troy
    Building a new path to student understanding and assessment using interactive digital tools, machine learning, and data analytics
  • Alerje, Detroit
    Building an IoMT phone case that holds a slim epinephrine auto-injector that notifies 911 of location information when used in emergencies
  • Ash & Erie, Detroit
    Makes everyday clothes for shorter guys
  • Bloomscape, Detroit
    A vertically integrated e-commerce plant brand founded in Detroit
  • Brax.Me, Detroit
    Enables secure and private enterprise communication and collaboration with customers
  • Carma Car, Inc., Detroit
    All-inclusive, month-to-month subscriptions to a car you keep
  • Change Dynamix, Inc., Royal Oak
    Delivers a risk analytics platform powering cyber threat detection and security analysis of user and entity behaviors
  • Circadian Risk Inc., Ann Arbor
    Our mission is to make the world a safer place, one building at a time, by reducing risk to people and critical assets
  • Fathom, Grand Rapids
    Modernizing and simplifying the recreational rental industry starting with the Fathom One, an underwater drone built for adventure
  • Foodstand, Ann Arbor
    Makes healthy eating an everyday habit through its mobile-first behavioral change program for workplaces, schools, and individuals
  • Genus, Inc., Detroit
    A platform empowering caregivers and providers with the latest resources and technology to connect, communicate and care better, together
  • Goldstrike Data, Houghton
    An EdTech company providing predictive analytics solutions for enhanced university management and decision-making
  • GreenMark Biomedical Inc., East Lansing
    Technology that will change dentistry, revolutionize diagnostics and pain free treatment using targeted delivery
  • IC-SURGICAL, Grand Rapids
    A medical device company transforming surgical outcomes with a new class of medical devices
  • Lawrence Hunt, Royal Oak
    A direct to consumer clothing brand, reinventing professional apparel with sweat-proof technology
  • Mi Padrino, Ann Arbor
    A crowdfunding platform serving as a simple alternative to age-old methods of organizing, planning and funding traditional Latino events
  • MTBIsense LLC, Okemos
    A company dedicated to putting objective head impact information in the hands of people who need it most, when they need it
  • MySwimPro, Detroit
    Fitness technology platform that helps swimmers around the world achieve their fitness goals through personalized coaching and analytics
  • Novolux Biosciences, Inc., Houghton
    Makes dyes brighter than anyone, tunable in any color
  • Orbion Space Technology, Houghton
    Develops revolutionary plasma propulsion systems that allow small satellite operators to maximize their data value
  • Parabricks, Ann Arbor
    High performance genomic analysis
  • Plinqit, Ann Arbor
    Helping community banks build lasting and profitable relationships with their digital customers
  • Pretch, Novi
    A portable, stackable, sharable, whiteboard panel system
  • Ripple Science, Ann Arbor
    A web-based software that facilitates the recruitment and management of participants for clinical and translational studies
  • Slideless, Ann Arbor
    Digital pathology made simple
  • SmileBOND, Lansing
    Offers patented processes FBO patients and dentists, including 3-D printing technologies
  • Soft Lesion Analytics, Ann Arbor
    Automating cancer biopsy assessment by using machine learning to reduce the time and labor needed for diagnostics
  • SpellBound, Ann Arbor
    Improves cooperation with medical treatment, reducing trauma and improving outcomes for patients using augmented reality
  • SpinTech, Inc., Detroit
    Develops rapid, quantitative brain imaging software, enabling enhanced diagnosis of traumatic brain injury, dementia, and stroke
  • Sterilogy LLC, Bloomfield Hills
    A unique body worn hand hygiene compliance system to reduce the 90,000 patient deaths & $30B in unnecessary costs
  • SU2 Systems, Lansing
    Offering a suite of innovative multi-asset, broker-neutral investor platforms
  • Switched Source, East Lansing
    The next generation of power-electronics solutions, enabling utility companies to deliver the smart grid of tomorrow
  • TechStak, Ann Arbor
    An online platform helping small businesses find vetted technology solution providers for all their outsourced tech and IT needs
  • TheraB Medical Products, East Lansing
    A startup launching SnugLit – a wearable, portable solution to infant jaundice that promotes bonding and breast-feeding
  • Urū, Ann Arbor
    An online global platform that connects athletes with open playing positions and teams with fitting talent

About Accelerate Michigan and Partners

The Accelerate Michigan Innovation Competition is the state’s largest convening of high-growth, high-tech companies and venture investors, and awards $1,000,000 in prize offerings. Since its inception, participating companies have generated 1,000+ Michigan jobs and raised more than $550 million in capital. Now entering its eighth year, the competition has featured notable grand prize award winners including: SPLT (2016), Banza (2015), SkySpecs (2014), Varsity News Network (2013), Algal Scientific (2012), Celsee Diagnostics (2011) and Armune Biosciences (2010). Through the strong support of partners, collaborative investors and a burgeoning tech sector, Accelerate Michigan is recognized as a pillar of the local startup community. The annual event is made possible by grants and sponsorships from the New Economy Initiative and the Michigan Economic Development Corporation’s 21st Century Jobs Fund, as well as significant corporate and community support. Accelerate Michigan is a program of Invest Detroit Ventures, an early stage investment platform powered by Invest Detroit.


Competition Timeline

  • Semi-Finalist pitches occur in the morning and afternoon of November 16, 2017 at the Detroit Masonic Temple.
  • Top Ten Finalist pitches commence in the evening of November 16 during the Gala Awards Dinner, where the $500,000 Grand Prize and a number of highlight awards will be announced.

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About the Michigan Economic Development Corporation 21st Century Jobs Fund

Visit  www.michiganbusiness.org

About The New Economy Initiative

Visit www.neweconomyinitiative.org

AMIC Media Relations

info@acceleratemichigan.org


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