The Willamette Angels Conference (WAC) has announced five finalists to compete for funding the annual investor conference on May 12, 2016.
“It was a difficult decision to choose finalists as this is the most competitive set of applicants ever,” said Marc Manley, WAC Fund Manager. “Thanks to our due diligence teams and student interns, we were able to narrow down to these five finalists and are excited to learn more about the opportunities each of these companies provide as we continue due diligence over the coming weeks.”
Last year, the WAC invested about $1 million in four separate startups. The goal is to make more than one investment again this year.
Each of the company finalists offer a unique business proposal:
- Agility Robotics, a Corvallis robotics company that designs and builds the world’s most capable robotic solutions for telepresence, delivery and logistics.
- Code3Similator (formerly known as Coelo), a Corvallis software company that enables cities to optimize fire/EMS service delivery with data-driven strategies, saving money, lives and property.
- Costanoan Biotechnologies, a Portland biotechnology company that helps life science researchers by making drug discovery and production faster and cheaper.
- IOTAS: A Portland real estate company that sells smart apartment technology to real estate developers, which increases cash flow, profits and market value.
- Yellow Scope, a Portland consumer products company that makes high-quality, rigorous and creative science kits for girls.
All of these companies are excited to move on to the last round of the competition and are eager to hear the results at the conference.
“We’re deeply honored to have been selected as a WAC finalist company and we’re deeply grateful for the opportunity,” said Carl Niedner, CEO and Founder of Code3Simulator. “We’re thankful for the efforts of the amazing people of WAC, and while we aspire to win the competition, whatever happens, the WAC has helped us become a better product and a better company.”
The annual conference will take place on May 12, at Venue 252 from 12-5 p.m. with a reception to follow until 7 p.m. Those interested in attending the event can register for the event at http://bit.ly/Attend_WAC16. Registration costs $80 per person and closes on May 6th.