December 2016: TVL Investment Competition Winners
Happy holidays from TVL! Please note that we will not hold office hours next Wednesday, December 28. Office hours will resume in the new year.

SandBox Semiconductor Wins TVL Investment Competition

Chemical Engineering PhD candidate named Texas Champion

Meghali Chopra received first place in the 2016 Fall Texas Venture Labs Investment Competition (TVLIC) on Dec. 2, 2016, for her company, SandBox Semiconductor.

“Competing in TVLIC was a very valuable experience,” said Chopra. “I was inspired by all the innovations being implemented by my peers at UT Austin. My co-founder, Roger Bonnecaze, and I were especially excited to be able to share the significant technological and commercial impact of our semiconductor process optimization software, RODEo, with the university community.”

The other four finalists include Wilder Systems in second place receiving $5,000, Desert Door in third place receiving $2,000, Smart Savior in fourth place receiving $1,000, and H-Tech in fifth place receiving $1,000. In addition to awarding the top five teams, TVLIC also awards teams for specialized honors such as the Wells Fargo Clean Technology Award, the James D. Pippin Veteran Award, and the E. Craig Nemec Elevator Challenge Award.

This year’s recipient of the Wells Fargo Clean Technology Award of $5,000 is Bright Volume. Bright Volume is a building technology company that provides an environmentally friendly and efficient building, design and construction solution for airplane hangars.

Salutem Systems received the James D. Pippin Veteran Award of $1,000 given to the most promising startup in TVLIC with one or more veteran co-founders.

The sixth annual E. Craig Nemec Elevator Challenge Award goes to three teams that competed in TVLIC and gave the best elevator pitch for their business in  two minutes. This year’s winners include Lawtomation, InterStellar Coatings and Hylio. Each team will receive $1,000. [Read more on McCombs TODAY]

Deadline Approaching!

TVL Scholarship applications are due January 16

Jon Brumley Texas Venture Labs (TVL) is accepting applications for its MBA scholarship business plan competition until January 16. TVL will award scholarships during a Shark Tank style pitch competition at The University of Texas at Austin on February 24, 2017.

The TVL Scholarship, a competitive scholarship awarded annually, includes:

  • $10,000 per year scholarship 
  • Consideration for admission of your company into the TVL Accelerator upon graduation
  • Consideration for a post-graduate position as a Venture Partner worth $50,000
  • Continued support from Texas Venture Labs throughout the development of your company

Please see the TVL Scholarship website for guidelines and eligibility.

Alumni and Other News

In December, Brobe raised a seed round from Southwest Angel Network to expand product line. [Brobe]
EyeQ, Moniker Guitars, Aunt Bertha and Sandbox Commerce honored at AustinInno's 50 on Fire. [AustinInno]

Metcalfe donates $100,000 to accelerate professor-led startup activity. [Silicon Hills News]
Copyright © 2016 Jon Brumley Texas Venture Labs, All rights reserved.