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Prosper planet pulse
Home»Startups»Local startup receives funding for future growth
Startups

Local startup receives funding for future growth

prosperplanetpulse.comBy prosperplanetpulse.comMay 1, 2024No Comments2 Mins Read0 Views
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DAYTON, Ohio (WDTN) — The Ohio Technology Validation Startup Fund has awarded $200,000 in grants to three technology startups.

All three startups utilize technology developed at the University of Dayton through the Propel Dayton program.


Before a company is established, it goes through three phases, including exploring commercial opportunities and outlining available resources. Accelerator is the last step in the launch and candidates are sent through a pre-accelerator program.

Man’s body found inside Dayton home

The first grant recipient, Calix, recently won UD’s Flyer Pitch Competition and received $25,000 in cash and $25,000 in support from the Dayton Entrepreneurship Center.

Kalix provides solutions for detecting diseases caused by parasites, bacteria, and viruses that affect animals, dairy farms, and agricultural farms. Kalix’s technology uses artificial intelligence and molecular diagnostic systems to provide detection and management on the farm rather than in the lab.

Nabu Optical Systems is the second recipient of a $200,000 grant. The company’s nanomanufacturing platform aims to establish its technology in the semiconductor industry in southwest and central Ohio.

Nabu’s technology helps other startups and small businesses accelerate time to market by giving them the tools they need to grow and innovate. Founder Imad Agha, a UD associate professor of physics, electro-optics and photonics, said these businesses are often underserved by manufacturing industries focused on meeting large-scale demand. explain.

Texas-based energy company considers Logan County site for eighth Ohio solar farm

5G microelectronics company CapV LLC is the third recipient of this grant. The company plans to develop end-to-end varactor manufacturing processes and varactor-based chip-scale hardware solutions for defense and communications applications.

Propel Dayton has conducted more than $2 billion in sponsored research in areas such as corrosion protection, nanotechnology, materials, green technology, and image analysis. Click here to learn more about this program that supports up-and-coming entrepreneurs in the Dayton area who are interested in using technology developed at UD.



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