Oneiric scores big at GTAN|START
Waterloo Region, Ontario – May 18th, 2016
The winner of GTAN|START is Oneiric Hockey. The hockey equipment company walks away with $10,000, named the GTAN|START 2016 winner, and is in due diligence for additional funding from Angel investors.
In an effort to secure equity investment to fuel the growth of the companies, the pitch competition was opened up to over 100 Angel Investors, venture capitalists and industry leaders. In addition to possible investment the companies also pitched to a panel of judges for cash prizes of $17,000.
Emily Rudow, Co-Founder of Oneiric Hockey said the experience of pitching in front of seasoned investors was incredible. “The feeling is indescribable. We were up against some really tough competition which made the win that much more exciting. It reaffirmed our business idea and gave us the confidence to keep moving forward!”
Second place at $5000, went to Suncayr, a nano-technology company that has created a “spot” that warns when sunscreen has worn off exposing skin to UV. $2000 and third place was won by Skywatch. The space-tech company has built an online marketplace for satellite data and imagery. All six GTAN|START companies had interest from the Investors and are in due diligence for the possibility of additional Angel funding.
“Highlighting great new startups and connecting them with Angel Investors and early-stage funding is what we do at GTAN, and tonight was a success,” says Rob Douglas, GTAN President. “All six companies will get the benefit of working through due diligence, which is a great experience for the founders, followed by the real possibility of funding.”
GTAN|START is an annual event that celebrates dynamic early-stage companies, who have demonstrated the originality, skills, and experience necessary to grow. The goal is for these companies to scale and join the ranks of Waterloo Region’s most promising startups.
Golden Triangle Angel Network (GTAN) is one of the most successful Angel Investment groups in Canada. It started in 2009 as a not-for-profit corporation and has grown to more than 100+ members that have invested more than $30 million dollars resulting in an economic impact of over $60 million in over 60 companies. GTAN invests in early stage startups, and proudly contributes to the healthy startup culture in Waterloo Region.
For more information:
Melissa Durrell, Durrell Communications PR Strategist
The GTAN|START Six
Second Waiter Inc.