Empire State Development announced the 10 finalists selected to take part in the fourth round of the Luminate NY accelerator program and competition. The finalists were selected from a pool of 126 startups from 22 countries and 21 U.S. states. They had applied for consideration and pitched their ideas and innovations to an advisory panel of industry experts.
Each finalist will receive an initial investment of $100,000 and will have the chance to compete for up to $2 million in follow-on funding upon completion of the accelerator program. This fourth cohort of Luminate NY will begin on April 5. The six-month program will help the companies speed the commercialization of their technologies and business. Funding for the $25 million program, which is administered by NextCorps, is provided through the Finger Lakes Forward Upstate Revitalization Initiative.
The finalists follow:
Andluca Technologies
Princeton, N.J.
Product: UV solar-powered smart glass for improving the energy efficiency of buildings.
www.andluca.com
Dynocardia Inc.
Cambridge, Mass.
Product: First noninvasive blood pressure (NIBP) method that measures BP continuously and with accuracy compared to the gold standard.
www.dynocardia.care
Infrascreen SA
Neuchâtel, Switzerland
Product: Nanotech solutions for better climate control in greenhouses.
www.infrascreen.com
Layer Metrics Inc.
Wilmington, Del.
Product: Monitoring system that enables intelligent 3D printing.
www.layermetricsinc.com
Mesodyne
Somerville, Mass.
Product: Ultrahigh, energy-density compact power generators that increase the endurance of small autonomous systems by 10× over batteries alone.
www.mesodyne.com
Momentum Optics
Longmont, Colo.
Product: High-quality, affordable, and rapidly delivered custom optics.
www.momentumoptics.com
OSCPs Motion Sensing Inc.
Montreal, Canada
Product: Inertial navigation sensors for autonomous vehicles.
www.onesiliconchipphotonics.com
Owl Autonomous Imaging
Fairport, N.Y.
Product: World’s only 3D Thermal Ranger, providing HD imaging and precision ranging that is a 150× improvement in resolution and cloud density of lidar.
www.owlai.us
PreAct Technologies
Portland, Ore.
Product: Sensors and software that make it possible to angle car seats away, deploy airbags earlier, and raise the car suspension before the impact of a crash to save lives.
www.preact-tech.com
2EyesVision
Tres Cantos, Spain
Product: Corrective technology that allows people to quickly and accurately compare the different corrections available for presbyopia.
www.2eyesvision.com/en
Additional companies will take part in the program outside of the finalist structure. Far UV Technologies, Qunnect, and Intelon Optics are joining the accelerator to gain access to regional resources, and XR Nanotech and IRIS Light Technology will audit the program to help prepare and advance their businesses for applying to accelerator programs in the future.