Centers | Venture Labs Investment Competition

Success Stories

A-Surgical (formerly Anastom Technologies), E.M. Lyon

2010 Global Moot Corp – Division I Outstanding Market
Since the 2010 Competition, the A-Surgical team (formerly Anastom Technologies) has completed their MBA program and has been actively implementing their plan.  A-Surgical has been incubated and the founding team benefits from the support of new partners that offer critical skills in engineering, quality/regulatory affairs, sales/marketing, laboratory testing (bio-materials, animal surgery), IP, medtech, and medical devices manufacturing. The founders are now focusing on putting together its Advisory Board and proof of concept financing. A-Surgical plans to conduct UroClip ex-vivo tissue testing later this year, and pre-clinical (live animals) and clinical (humans) test campaigns are planned for 2012 and 2013. A-Surgical will be officially inaugurated by the end of 2011 and will then seek private funds to finance its time-to-market and product launch scheduled for 2014.  For additional information, contact Arnold Ferlin (CEO) at arnold.ferlin@a-tech.fr.

Altus Poles, Brigham Young University

2010 Global Moot Corp – Thompson & Knight Challenge First Runner-up
Altus Poles is focused on developing and implementing the most advanced structural composites for the pole, tower and aircraft industries. In pursuit of this goal, Altus Poles has secured the exclusive worldwide license of IsoTruss technology for these markets. In an effort to continue the development of the IsoTruss technology, Altus Poles recently announced a three year, multi-million dollar development agreement with Novatek, a well established technology incubator.  Since competing in the Global Moot Corp Competition, Altus Poles has grown to four employees, two founders and two part-time employees.  In the future, the company plans to possibly introduce another non-anticipated product, if the economics prove more interesting than its current towers.  For more information, visit www.altuspoles.com.

BiologicsMD, University of Arkansas

2010 Global Moot Corp – Global Champion
BiologicsMD is on the path of developing a unique treatment for osteoporosis PTH-CBD that binds directly to bone stimulating new bone growth.  This new prescription medication has the potential to improve the quality of life and affect millions of people worldwide.  The company received notification in January 2011 that it has been awarded a $2.3M contract from the Department of Defense.  Over 600 applications were submitted and less than 10% were awarded.  BiologicsMD’s application was well received and the company was, in fact, told that “the proposal is exceptionally well presented, and the investigators show a clear and concise understanding of bone biology, drug discovery and drug development.”  The DOD grant provides an external validation of BiologicsMD’s science and has given the company momentum in its fund raising efforts.  Ideally, BiologicsMD will close its seed round in the first quarter of 2011.  The seed round capital combined with the DOD grant will provide the company ample opportunity to start executing its business plan.  For more information, visit www.biologicsMD.com .

CervoCheck, LLC, Johns Hopkins University

2010 Global Moot Corp
CervoCheck’s preterm labor technology addresses the unmet market need of an accurate early detection of labor, a $26.2 billion annual problem in the United States alone. CervoCheck, LLC was incorporated in early 2010 and since competing in the Moot Corp Competition has continued to grow as it received grant funding of $50,000 from the Maryland Technology Development Corporation (TEDCO). As the company proceeds through animal studies, CervoCheck continues to achieve many important milestones and is in the process of preparing for a human pilot study. See www.cervocheck.com/.

DSGM, Kennesaw State University

2010 Global Moot Corp – Thompson & Knight Challenge Honorable Mention
DSGM is finalizing the seed financing needed to complete the development of a bench-scale prototype of its Glusonic Alert™, a non-invasive blood sugar testing device for both Type 1 and Type 2 diabetics, later this fall.  Also, DSGM has received expressions of interest from two major pharmaceutical firms for the possible purchase of its technology after the completion of these tests.

LyoGo LLC (formerly GlucaGo), Purdue University/Indiana University

2010 Global Moot Corp – Third Runner-up
LyoGo was formed for the purpose of developing innovative drug delivery systems. LyoGo is focused on engineering delivery systems which offer a superior user experience, are intuitive to use, improve safety and sterility, and substantially reduce or eliminate the need for refrigeration at room temperature which improves storage and distribution of drugs. LyoGo develops systems for delivering drugs that are intentionally designed to easily fit into the established drug filling processes of leading pharmaceutical companies. See www.lyogo.com.

Nanomark Therapeutics, University of Louisville

2010 Global Moot Corp – Semifinalist
Nanomark Therapeutics is in the final stages of Research and Development of its flagship product AUra.  AUra has shown great results in animal studies, eliminating ovarian cancer with minimal or no side effects at all to normal, healthy cells while reducing dosage requirements by more than 50 fold. Currently, the company is finishing the final round of animal studies with hopes to enter human testing by 2012. Additionally, simultaneous testing in animals for 11 other cancers is scheduled to begin before the end of 2011. Nanomark Therapeutics has been recognized with several grants since Moot Corp, including $75,000 from the Kentucky Commercialization Fund and has recently been awarded the prestigious Vogt Award that is given to promising companies in Louisville and can total up to $250,000. To learn more about Nanomark Therapeutics and AUra, visit www.nanomark-therapeutics.com or email nanomarktherapeutics@gmail.com. The mission still remains the same as Nanomark moves forward to eliminate cancer and the harsh side effects associated with traditional chemotherapy because we still believe Life Is Precious!

Recárgatel¡, Centro de Investigacion en Materiales Avanzados (CIMAV)

2010 Global Moot Corp – Semifinalist
Recárgatel¡, our “wire public pay phone vending machine” wiphone, competes in the E and D segments of the pyramid base for prepaid air time in cellular phones in suburban and rural areas.  The company has 3,000 points of sales and is growing at six points of sale daily.  We are striving to be the biggest distributor of prepaid air time for the brand of Telcel and Movistar cellular carriers in this segment in Mexico and we are creating an alliance to sell e-Lottery as well.   We have raised $500,000 from angel investors since Moot Corp.

Sayyou, Insper – Sao Paulo

2010 Global Moot Corp – Benchmark Capital Challenge Winner
Sayyou offers a cheaper, safer and environmentally friendly solution to weed eradication.  The company has continued to grow since Moot Corp and has received approximately $1 million from investors and approximately $200,000 from the government.  For more information, visit www.sayyou.com.br.

Solavicta, University of Texas at Austin

2010 Global Moot Corp
Solavicta is developing an ultra low cost solar generation technology that is 25% cheaper than the world’s leading solar panel manufacturers. Our patent-pending technology combines linear concentrated photovoltaics with a novel mass manufacturing process to create low cost solar energy without the need for a capital-intensive factory. Since competing, the company has been awarded an R&D grant from local utility Austin Energy and is currently building a demonstration prototype to be tested on the grid in late spring of 2011. For more information, contact David McParland at dmcparland@austin.rr.com.

Thermal Conservation Technologies, University of Illinois at Chicago

2010 Global Moot Corp – Thompson & Knight Challenge Honorable Mention
Thermal Conservation Technologies is an early-stage company committed to energy preservation and sustainability through the utilization of high-performance vacuum insulation. The first product by TCT is Klimate Kontrol, a patent pending technology which presents novel improvements for more reliable and efficient cooling in cold chain transportation.  Currently, the company has NSF SBIR phase I funding for $150k.  Since Moot Corp, Thermal Conservation Technologies has won the Clean Energy Trust concept award where the company was awarded $30k.  It is notable that the USPTO recently allowed claims on the patent that serves as the basis for the thermal insulation.  For more information, visit www.tensileVIP.com.

TranquilMed LLC, Brigham Young University

2010 Global Moot Corp – Division I Outstanding Written Plan
TranquilMed LLC is a medical device company that has a new treatment for Restless Legs Syndrome (RLS).  It is working with Brigham Young University (BYU) in the development of this new treatment and is the exclusive worldwide licensee of the patent filed by BYU.  RLS sufferers have been ignored and ridiculed and TranquilMed has been inundated with thanks, interest and praise since its inception.  Currently the company is seeking funding for a Canadian launch that is less costly and less risky than a full-scale US launch.  For more information, see www.tranquilmed.com and you may contact the technical founder at jared.edgel@tranquilmed.com or the president at rich.hoopes@tranquilmed.com.

WindFlip, Norwegian University of Science and Technology

2010 Global Moot Corp – Thompson & Knight Honorable Mention
WindFlip is a specialized barge for transportation and installation of floating wind turbines. The design of the barge enables high transit speeds and larger operational window. The novel launching operation enables turbines to be fully assembled onshore and installation to be performed without any costly offshore cranes. The barge operates independently of large water depths, which opens huge markets worldwide. WindFlip AS has today two employees and a highly competent board of directors. The company has raised $452,000 in research grants and other non-diluting funding used to perform proof of concept by testing a scale prototype. In September 2010 a private share issue was held, raising $250,000. In 2011, the company saw its first revenue stream. WindFlip is currently looking to attract industrial partners for the further commercialization of our concept.  For more information, visit www.windflip.com or contact us at post@windflip.com , ane@windflip.com, or +47 971 63 117.

Grain Life Technologies, Fayetteville State University

2009 Global Moot Corp – Division VIII Outstanding Product
Grain Life Technologies (GLT) is in the process of finishing product validation showing the grain dryer performance based on US standards. Validation is being conducted at Vicosa University in Brazil and Iowa State University in the US; the completed report is expected by April 2011. Proven US results will allow GLT easier access to funding and better market acceptance. Since attending Moot Corp, the company has grown their network, increased the number of prospective buyers and is well positioned to sell its first unit within six months.

Fluoptics, E. M. Lyon

2009 Global Moot Corp – Division VI Outstanding Market
Fluoptics is a French medical imaging company developing a patented system for intra-operative cancer imaging.  Fluoptics allows surgeons to clearly delineate cancerous tissues from healthy tissues in real time during surgery, greatly reducing both the time needed to perform such procedures and the probability of either damaging healthy tissue or leaving cancerous tissue behind.  Fluoptics’ patented technology combines two elements: a consumable fluorescent probe which specifically targets tumors and a real-time optical imaging system offering acute intraoperative visualization.  Once injected, the fluorescent probe concentrates in the tumor, emitting a shifted infrared signal which is visible on a screen. Tumors can thus be precisely located and removed.  Fluoptics has received multiple rounds of government research funding and is in a preclinical trial phase while simultaneously marketing its system to research laboratories for in vivo imaging.

KT TAPE, Brigham Young University

2009 Global Moot Corp – Thompson & Knight First Runner-up
After competing in the Global Moot Corp Competition, KT TAPE was launched early in 2009.  KT TAPE is a self-funded venture that has grown from a small startup to an international success story.  True to its original business plan, KT Tape is now sold at over 10,000 US retail locations and is distributed in over 40 countries. KT TAPE is the currently the best selling sports medicine product at many of the nation’s top retail sporting good retail chains and will be available at Wal-mart and Target stores later this year.  You can learn more about KT TAPE at www.kttape.com .

NuVision Pharmaceuticals, Kennesaw State University

2009 Moot Corp – Semifinalist
NuVision is completing the package design and vendor selection needed to bring its first product, Valoxiderm™, to market in the U.S. later this year.  It is also finalizing a Licensing Agreement for the sale of Valoxiderm™ in India and Japan.  In addition, Beta tests of Trioxiderm™, its second product, were 100% successful curing ALL of the Grade 1, 2 and 3 diabetic ulcers on which it was used in under 10 weeks with no side effects.

PULSE, Universidad de los Andes

2009 Global Moot Corp – Division VIII Outstanding Market
PULSE is a new technology solution for improving the doctor-patient relationship using touch screen devices to improve the quality and interaction with the medical registers, tracking and treatment updates. HAND BUSINESS SOLUTIONS was legally incorporated in Colombia in late 2008 and has a partner company in USA HRHAND INC to deliver and distribute products and services. PULSE has customers who are doctors, clinics and multinational companies. As of 2011, PULSE has been installed in 40 customers in six different countries (Colombia, Venezuela, Ecuador, Costa Rica and Mexico) and is used daily by 150 users.  PULSE follows the business plan and has a copyright in Colombia. The solution has been specialized and customized for specialties like General Medicine, Rheumatology, Internal Medicine, Plastic Surgery and is now working with Occupational Health for large companies in the oil sector. So far, funding has been bootstrapped – in countries like Colombia it is very challenging to get venture capital for startup companies. PULSE is still looking for funding, but the company is now changing its strategy to get a small group of ten or twenty investors, one for each new specialty, some of them family or close friends. The goals for this year are to have three more specialties and double the customers.

Cleanspray, Bond University

2008 Global Moot Corp
Cleanspray is a convenient pocket sized hand sanitizer.  It kills 99.9% of germs.  Application is simplicity itself.  Spray three squirts onto your hands and vigorously rub together until dry. Since the Moot Corp Competition, the company now has a small management team and a national distribution network within Australia, with distributors also in New Zealand. Cleanspray has recently received an approach from a UK importer and distributor and is currently engaged in preliminary discussions regarding the UK opportunity.  Additionally, Cleanspray has identified higher value opportunities in some EU countries and will likely pursue offshore growth in Europe prior to entertaining opportunities in the US. Cleanspray is signing new distribution agents and wholesalers on a monthly basis. Its distribution footprint within Australia has grown considerably and is now quite comprehensive with multiple distributors and wholesalers in every Australian State. Further significant distribution agreements are expected to be closed with large retail chains in the immediate future (one with the third largest retail chain in Australia). In terms of funding, the operation has been self-funded by the founder, with some assistance provided by Australian Government R&D tax rebates. The company is debt free and will fund future growth from free cash flow. Cleanspray has moved away from vending machines as the primary means of market access. In the original business plan the principal source of distribution was via vending machines. The capital intensive vending business has been sold off in an exclusive supply agreement with one of Australia’s largest independent vending machine enterprises. That business owner is now one of many clients and sales via vending is a small component of overall sales levels. The vast majority of sales are via conventional retail outlets. The company is finding that this change reduces the capital required to be injected into the business to drive growth and also makes for improved gross profit levels at the product level. For more information, visit www.cleanspray.com.au .

ePack, Inc., University of Michigan

2008 Global Moot Corp
ePack utilizes world-renowned technology and packaging expertise to help MEMS component companies bring new and exciting devices to market.  Its technology eliminates the headache of packaging so your company can focus on the functionality that makes your devices truly exciting.  Since the Moot Corp Competition, the company has received funding through grants for an undisclosed amount.  For the next three years, ePack has applied for around $3 million in additional grant funding.  For more information, visit www.memsepack.com.

HeartSounds, University of Illinois at Chicago

2008 Global Moot Corp – Thompson & Knight Challenge Winner
HeartSounds is an early-stage medical device company focused on the development of advanced cardiac monitoring solutions for both intensive care and preventive care environments.  The device platform utilizes advanced signal processing techniques to non-invasively detect a variety of cardiac dysfunctions and abnormalities, including allowing for the remote monitoring of heart failure patients – a $3 billion market.  Since the Moot Corp Competition, the company has raised and invested more than $300K to develop a working prototype, negotiated an exclusive technology license from the University of Illinois at Chicago and is currently collecting data for FDA approval, anticipated in 2011.  For more information, visit www.HeartSoundsDevices.com.

HydroCoal Technologies, Kennesaw State University

2008 Global Moot Corp – Division VII Outstanding Product
HydroCoal has completed the design of its product parameterization test facility at the University of Georgia.  It plans to complete the initial testing needed to build its first commercial coal gasification facility in the fall of 2011, which will be available for customer use in early 2012.

Klymit, Brigham Young University

2008 Global Moot Corp – First Runner-up
Klymit has seven full time employees and 50+ agents.  Its sales and distribution is located in more than 25 countries.  The company first reached profitability in 2011 with revenue growing each month.  Klymit has gained some significant traction with the military, with most US Special Forces units using its Klymit branded gear and the company expects a large full military order within the next 12 months.  Klymit has received $4.5 million total by Q2 of 2011 from both angels and VCs.  The company’s initial business model was to solely license our technology; however a better opportunity was seen, consisting of better strengths, margins etc., by launching products under its own brand, which has then accelerated the licensing portion of our business model.  Klymit has also invented a number of new platform technologies providing new product and licensing opportunities for the company.  For more information, visit www.klymit.com.

MicroTransponder, University of Texas at Dallas

2008 Global Moot Corp – Murphree Venture Partners Challenge Honorable Mention
MicroTransponder is in the final stages of finishing the wireless SAINT™ device which can deliver wireless stimulation to peripheral nerves to treat several different neurological disorders including chronic pain, urinary incontinence, tinnitus and PTSD.  Our research on using paired vagus nerve stimulation therapy to reverse tinnitus in rats will be published in a prestigious peer-reviewed scientific journal (name withheld for embargo).  Additionally, the ongoing research into using neurostimulation for other neurological disorders has resulted in MicroTransponder being awarded over $5 Million in NIH grants.  The newest research area is using our wireless device to increase permeability in the blood brain barrier during chemotherapy treatments to treat refractory breast cancer, which was recently funded via a Qualified Therapeutic Discovery Project grant from the U.S. Government. Both the company and executive team of MicroTransponder received numerous sources of recognition both locally and nationally. The focus for the company in 2011 will be in finalizing our clinical prototype for biocompatibility testing and testing for use for patients with refractory neuropathic pain.   We will also be running a clinical trial with patients who are suffering from overactive bladder.    We hope to present how our financial position will enable us to finish clinical trials in tinnitus, neuropathic pain and OAB by the end of 2012.  We anticipate even more exciting developments to report in 2011.  Please continue to check our website www.microtransponder.com for updates throughout the year.

Qcue, University of Texas at Austin

2008 Global Moot Corp – Second Runner-up
Qcue is the premier software-based dynamic pricing solution for the live entertainment industry. Our proven software helps sports teams, venues, promoters and ticketing organizations set better up-front prices and adjust to shifting demand, changes in market conditions and real-time sales data. Sophisticated algorithms analyze real-time sales data and other external factors to generate sales and revenue forecasts based on various price recommendations.  Qcue has received $1 million from the Texas Emerging Technology Fund, as well as funding from approximately ten private investors.  For more information, visit www.qcue.net.

Trusted Guests (formerly ShellSwitching), London Business School

2008 Global Moot Corp – Murphree Venture Partners Challenge Honorable Mention
Trusted Guests helps vacation homeowners rent their empty nights to trustworthy guests.  Homeowners identify exactly whom they trust and only guests who exceed this trust threshold can even see the home exists and then make an automatic reservation.  Our portable and multi-purposed MetaTrust Engine facilitates this trust relationship and will eventually open new markets and improve peer-to-peer commerce beyond the vacation home industry. Safely Stay is the payment platform for vacation home rentals.  Homeowners can accept credit cards, we hold the reservation money in a bonded escrow account until after the guest arrives; we eliminate the security deposit by selling a damage waiver to cover the first $3,000 or $5,000 worth of damage and run a background check on the guest.  This “PayPal for vacation homes” is the best and safest way to make a “rent-by-owner” reservation, and is immediately usable by the million or so homes already available for rent to strangers.  We will be launching SafelyStay.com by April 2011.

eVapt, University of Texas at Austin

2007 Global Moot Corp – Division IV Outstanding Market
eVapt enables the pay-as-you-use model for Cloud infrastructure and Software-as-a-Service (SaaS) vendors. By using eVapt’s solution, Cloud and SaaS vendors can operate more efficiently. The solution handles price modeling, usage analytics, invoicing, billing etc. thereby allowing vendors to focus on their core competencies. eVapt was initially funded by the two founders. The McGinnis Competition gave us almost $45,000 in cash and services, which kept eVapt going through the end of 2007.  We got angel funding in January 2008. In October 2009, MagnaQuest, a Hyderabad, India company, acquired eVapt. Both companies are involved in providing cloud computing solutions. With a customer-centric approach to building its solution, eVapt has grown steadily since its inception and continues to build upon its solid momentum. See www.evapt.com.

Green Dragon Pest Solutions, Inc. (formerly Mullis Enterprises, LLC), University of Georgia

2007 Global Moot Corp – Finalist
Green Dragon Pest Solutions, Inc. received EPA registration of its patent pending, environmentally friendly roach bait, Green Dragon Roach Kill™ in April of 2008 and began building demand in the professional pest control market by attending national and regional pest management tradeshows.  Most recently GDPS, Inc. partnered with Univar USA, Inc., the nation’s largest chemical distributor, to provide its product to customers in the southeastern United States.  The company was seeded with $65K from 2007 business plan competition winnings and angel money in the amount of $400k.  GDPS, Inc. is currently raising an additional $350k to expand into additional markets and develop its first ant bait product.  For more information, visit www.gdpsinc.com or contact the corporate office at 478-742-8868.

Hudl (formerly Agile Sports), University of Nebraska at Lincoln

2007 Global Moot Corp – Semifinalist
Agile Sports Technologies, Inc. is a software-as-a-service company focused on helping coaches win. In the past several years, Agile has grown from the original three founders to 30 full time employees.  We have completed two rounds of funding for a total of $4 million in angel investment, led by Jeff Raikes (CEO of the Bill and Melinda Gates Foundation) and a group of local investors.  We recorded $2.3M in revenue in 2010 and were named to Inc. Magazine’s 30 Under 30 list (http://www.inc.com/30under30/2010/profile-david-graff-john-wirtz-brian-kaiser-agile-sports.html).  Our customer base has grown from 15 pilot teams to over 2,900 schools.  We are profitable and on track to have another year of record growth. In order to facilitate this level of growth, Agile has expanded its markets beyond the original vision at Moot Corp (a focus on NFL and NCAA) to include high schools and youth organizations. You can learn more about Agile Sports and our product Hudl at www.hudl.com.

Innovative Sports Strategies (ISS), University of Oregon

2007 Global Moot Corp – Division IV Outstanding Written Plan
Innovative Sports Strategies (ISS) continues to grow.  ISS successfully met their financing needs between 2007 and 2009 by first initially convertible notes and subsequently completing their Series A financing. They launched their Elevation brand college athletic financial management software in January 2009. As of March 2011, there are a dozen athletic departments across the country using Elevation to meet their financial planning and reporting needs.

Lumedyne Technologies (formerly Omega Sensors), San Diego State University

2007 Global Moot Corp – Global Champion
Lumedyne Technologies employs 15 people and is continually growing.  The company’s annual revenues are in the multiple millions.  Lumedyne has received $1.5 million from angel investors and approximately $6 million from grants and corporate partners.  In 2011, Lumedyne Technologies received an award from the Federal Laboratory Consortium for Excellence in Commercialization of Government Tech.  For more information, visit www.lumedynetechnologies.com.

MacuCLEAR, University of Texas at Austin

2007 Global Moot Corp – Murphree Venture Partners Challenge First Runner-up
MacuCLEAR Inc. is a specialty clinical-stage pharmaceutical company focused on developing and commercializing novel solutions for vascular disorders of the eye. It has received investigational new drug (IND) application clearance from the FDA and has successfully completed a Phase 1b study in humans.  MacuCLEAR is now preparing to commence a pivotal Phase 3 human clinical trial beginning later in 2011. MC-1101, MacuCLEAR’s lead compound, is a patented, topically delivered drug for treating and stopping the progression of Dry Age-related Macular Degeneration (AMD), the leading cause of blindness and vision impairment in people over the age of 50. Subsequent targets beyond dry AMD include diabetic retinopathy and ischemic retinopathy. In April 2007, MacuCLEAR closed a Series A investment round to complete preclinical studies, optimize the eye drop formulation and advance MC-1101 through FDA IND clearance for human clinical testing. In April 2009, MacuCLEAR received $1.7M from the Texas Emerging Technology Fund. See www.macuclear.com for more information.

Power Prawns, Thammasat University

2007 Global Moot Corp – First Runner -up
Power Prawns uses a specialized technology to breed the most sought-after larger 100% male offspring prawns. Power Prawns can produce them cheaper, faster and with greater yields than competitors.  After one year of due diligence, Power Prawns was funded by angel money and legally registered as Power Prawn Producer Co., Ltd. in Thailand. The Power Prawn phenomenon, and its first time harvest of all male prawns, was witnessed by a hundred farmers and made the venture well embraced by the industry. Power Prawns Producer continues to build its stock of male producing prawns and building its production base.

T&T International Seafood, University of Georgia

2007 Moot Corp – Semifinalist
T&T International Seafood launched its business importing farm-grown Tiger shrimp from Vietnam in late 2007.  Currently, it imports, processes and distributes superior quality fresh seafood from around the world for the American market.  Its 2010 sales exceeded $8.0 million and it is continuing to grow profitably.

Floragenex, University of Oregon

2006 Global Moot Corp – Murphree Venture Partners Challenge Honorable Mention
Following very positive feedback from advisors and potential investors, the company launched in early 2007. The company leveraged founders’ capital with local business development loans and a small round of friends and family investment to move through technology development and into commercial launch in late 2008. With additional grant funding and early support from customers, the company grew slowly by boot-strapping through recent economic doldrums. Building on a strategic niche in plant genomics applications to the global seed industry, the company recently completed a Series A financing round led by a new strategic partner. The core concept of Floragenex has remained very true to the idea that was presented at Moot Corp. As the technology revolution of DNA sequencing has evolved over the past five years, Floragenex has adapted to that change and built a business specializing in bringing rapidly advancing genomics technology to the global agricultural industry.

Phurnace Software, University of Texas at Austin

2006 Global Moot Corp – Division V Outstanding Presentation
Phurnace is a developer of automation software that reduces the cost, complexity and risk to deploy and configure Java-based applications in physical, virtual and cloud environments.  Phurnace significantly reduces the time that large companies spend rolling out and upgrading Java applications. Phurnace Software was purchased by BMC Software, a Houston-based firm, in 2010. Phurnace had raised $5 million from backers including Austin investor John Hime, S3 Ventures of Austin and DFJ Mercury , a Texas-based venture fund affiliated with Draper Fisher Jurvetson of Menlo Park, Calif. Phurnace’s 21 employees will remain on board. In addition, BMC plans to expand both the product and staff. Phurnace, which doesn’t disclose revenue, has two dozen customers, including Discover Financial Services, American Airlines, Union Bank of California and the State of Texas. BMC, which sells information management software and services to corporate customers, has 5,800 employees worldwide — including 264 in Austin — and posted revenue of $1.9 billion in fiscal 2009. The purchase amount was not disclosed.

Bigfoot Networks, University of  Texas at Austin

2005 Global Moot Corp – Semifinalist
Bigfoot Networks is a leading networking technology company that develops hardware and software solutions that significantly improve the online consumer experience. Its products are designed to provide maximum network performance for online gaming, HD video streaming, high quality audio, and other real time applications. The company’s new line of products include Killer® Wireless-N high-performance Wi-Fi® adapters embedded in leading PC notebooks, award-winning Killer® 2100 plug-and-play desktop NIC, and gaming motherboards featuring Killer® E2100 networking.  Bigfoot  saw triple-digit growth in 2010, much of which was the result of Asian and European expansion. The company also got its products into the retail channel via Best Buy, Fry’s, Microcenter and others. The company is headquartered in San Jose, CA and has offices in Austin, TX.  Venture capital investors include North Bridge Venture Partners and Raven Venture Partners. To learn more, visit  www.bigfootnetworks.com.

International Nutraceutical Company of America, University of Georgia

2005 Moot Corp
INCA secured a license for its technology from the University of Georgia in 2006.  In the past year, it completed all required product testing and finalized its package design and vendor selection.  To date, INCA has secured over $300,000 in funding and expects to launch its highly effective Revalife™ osteoarthritis cream later this year.

O.N.E (formerly One World), Fundacao Getulio Vargas

2005 Global Moot Corp
O.N.E.™ is the premier, all-natural beverage company established in 2005 by Rodrigo Veloso – a visionary instrumental in creating a whole new category of functional beverage in the U.S.  Their award winning and #1 selling coconut water is fast-becoming recognized as America’s healthiest beverage for providing enhanced hydration, essential nutrition and all five essential electrolytes (calcium, potassium, magnesium, phosphorous and sodium). O.N.E.™ drinks are packaged in environmentally friendly Tetra Pak cartons underscoring the company’s deep commitment to the Earth.  O.N.E.™ is a founding member of Conscious Capitalism (consciouscapitalism.com) and dedicated to using its business platform of conscious capitalism to educate consumers about the importance of proper hydration in all stages and phases of life–especially for mothers and children.  As such, it supports several nonprofit organizations – most importantly Healthy Child Healthy World (www.healthychild.org). It is also collaborating with the Alliance for a Healthier Generation, an initiative that supports schools nationwide in developing healthier environments with the goal of reversing the trend of childhood obesity. The Alliance for a Healthier Generation is a partnership between the American Heart Association and the William J. Clinton Foundation.   O.N.E.™ is available in over 14,000 retail outlets including Whole Foods, Publix, Kroger Stores, Cost Plus World Markets, Vitamin Shoppe and on Amazon.com.

P’Kolino, LLC, Babson College

2005 Global Moot Corp – Division VII Outstanding Presentation
P’kolino (pee-ko-lee-no)  was founded to improve play at home by two dads with a passion for creating great products. With the help of friends, family and a global network of designers, P’kolino has created play products that are beloved worldwide for their playful style and smart functionality.  P’Kolino has grown since its participation in Moot Corp and has reached $5 million in revenue with more than 100Skus, seeing growth at 3X every year since incorporation in 2004 (aside from 2009, which was flat).  Additionally, the company is distributing in over 15 countries.  P’Kolino has received $2 million in funding from angel investors.  For more information, visit www.pkolino.com.

Perpetua, University of Oregon

2005 Global Moot Corp – Gefinor Ventures Challenge Winner
Incorporated in 2005, Perpetua Power Source Technologies, Inc. develops cost effective and easy-to-integrate energy harvesting solutions for industrial, commercial and on-body wireless sensors and other low-power electronics.  Perpetua is the exclusive licensee of over a decade of thermoelectric developments at the Pacific Northwest National Laboratories and has produced the best performing thermoelectric products that harvest energy from small temperature differences.  The Perpetua Power Puck® product line introduced in 2009 is the recipient of the National Federal Laboratories Consortium Award and prestigious R&D 100 Award. The company was initially seeded with angel money and has successfully raised subsequent rounds of follow-on financing from institutional and strategic investors.  Perpetua is currently working on expanding manufacturing capabilities to keep pace with high product demand.  For more information, visit www.perpetuapower.com.

Chipotle Business Group, University of Texas at Austin

2004 Global Moot Corp
It has been said “Water promises to be to the 21st century what oil was to the 20th century.”  Chipotle Business Group, Inc. (CBGI) is advancing industry-altering technologies for rapid quantification of dangerous, if not deadly, microbes (E. coli, Cryptosporidium, etc.) and complex chemicals (pesticides, pharmaceuticals, etc.) in water. CBGI’s patented technologies could potentially save millions of lives caused by contaminated water as well as save billions of dollars lost annually in the tourism and other industries reliant on safe water. The company offers customers key advantages on the most important competitive factors in environmental testing including better data acquisition and results clarity, a reduction in the potential for human error and faster turnaround times all while meeting specific industry needs at a lower price point.  CBGI has received over $200K in private equity and debt funding and $700K out of a $1M award from the Texas Emerging Technology Fund. For more information, contact Scott Evans at Sevans@ChipotleGroup.com.

uShip, University of Texas at Austin

2004 Global Moot Corp – Semifinalist
uShip is an online shipping marketplace that connects people with customer-reviewed transport companies that can move hard-to-ship items such as cars, motorcycles, boats, household goods, LTL (less-than-truckload), FTL (full truckload), heavy equipment, horses and more. Transporters place competing bids to win a customer’s business, which brings down delivery costs and makes shipping more affordable and efficient. uShip operates globally with localized functionality in the United States, the United Kingdom, Germany, France, the Netherlands, Austria, the European Union, Canada and Australia.  uShip is a privately-held company of 65 employees based in Austin, Texas, with European headquarters in Amsterdam. uShip has grabbed investment dollars from Benchmark Capital — the venture firm that took a $5 million gamble on eBay back in 1997 — and estimates that it doubled its annual revenues in 2009, to approximately $6 million. Since uShip launched six years ago, shippers have paid more than $125 million for services brokered by the company. Nearly 900,000 listings have been posted to the Web site, attracting bids from tens of thousands of transport companies. See www.uship.com.

Halsa Pharmaceuticals, University of Texas at Austin

2001 Global Moot Corp – TL Ventures Challenge Winner
Halsa Pharmaceuticals currently is working on preclinical safety, dosing and small animal studies of its lead ZAG candidate and CEO Phil Speros estimates the drug is about 24 months from the filing of an investigational new drug application. Earlier in its pipeline, Halsa is working on a program that involves blocking proteolysis induction factor receptor (PIFR), interrupting the mechanism by which cancers cause muscle wasting.  To date, Halsa’s ZAG and PIFR work has been funded without venture capital. The firm raised about $500,000 around its 2007 launch from angel and high net worth investors and it also received $1 million from the Texas Emerging Technology Fund.  Halsa currently is fundraising and aims to close a $5 million second round in mid-2010, which may or may not include VCs.  Read more at www.halsapharma.net.

Lear Communication (formerly Lear NeuroLogic, Inc) , University of Western Ontario

2000 Global Moot Corp
Lear Communications’ speech language pathologists help determine which factors are contributing to the difficulties and what their impact is on each area of communication. Since the competition, revenue has increased ten-fold in 10 years and has expanded from one to three locations.  Lear Communications has been funded by bank loans of approximately $250k over a few years.  The company has experienced a much slower growth rate since incorporation and maintained its sole focus on speech-language pathology services, rather than expanding into other rehabilitation therapies.  For more information

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