Issue 89 – September 2020
BioFlorida Announces 23rd Annual Virtual Conference and BioPitch Application
BioFlorida, representing 6,700 establishments and research organizations in BioPharma, MedTech, HealthIT, and BioAg that collectively employ nearly 94,000 Floridians, announced plans for their 23rd annual virtual conference on October 29, 2020.
BioPitch, taking place at the BioFlorida Conference, is an annual competition for seed and early-stage life science companies seeking investment. The competition provides Florida’s most innovative companies a platform with exposure to life science investors and a chance to win a $10,000.00 prize. The deadline to apply is Wednesday, September 30, 2020.
More information on the BioPitch competition and application information can be found here.
While focusing on testing, treatments, and prevention for COVID-19, attendees will also hear from experts on industry trends and have the opportunity to connect with investors and potential partners. Scientists, executives, researchers, investors, lawmakers, and service providers have the opportunity to leverage the BioFlorida Network aiming to advance economic development throughout Florida.
Registration and additional information about the BioFlorida Conference can be found on their website, or by clicking here.
The Institute welcomes LeapAnalysis, Inc. to its Portfolio
The Institute is proud to announce that it has finalized a funding agreement with LeapAnalysis, Inc., the first-ever tool that allows customers to virtually connect their data using only semantic metadata. With this proprietary technology, no data is migrated, moved, copied or ETL’d (extracted, transformed, loaded) into another system. LeapAnalysis helps companies with significant amounts of siloed data, which is typically expensive and time consuming to move.
More on LeapAnalysis may be viewed here.
Florida Funders Named most Active VC by CBInsights and top VC Firm in the Southeast by Pitchbook
The Institute’s private fund manager, Florida Funders, was named the most active VC in Florida by CBInsights. The report analyzed the most active firms investing in technology startups within a state across the US. The selection was based on venture capital firms that made equity investments in the greatest number of startups located within the specific State from 2015 to June 2020. The full ranking and more details may be viewed here.
Florida Funders has also been voted the top VC firm in the Southeast by Pitchbook.
Dominion Aesthetic Technologies, Inc. a Top Non Invasive Device Solution Provider in 2020
One of the Institute’s portfolio companies, Dominion Aesthetic Technologies, Inc. (Dominion), has recently been the recipient of the award for Top Non Invasive Device Solution Providers in 2020 by MedTech Outlook. The magazine released an annual listing of 10 companies that are at the forefront of providing Non Invasive Device solutions and impact the industry.
More Information on Dominion may be viewed here.
Yac Media, Inc. is now backed by Slack
Yac Media, Inc., an Orlando-based company funded by the Institute earlier this year, announced by late August that they received the backing of Slack to distribute one of the most efficient remote work communication tools into the work space.
The full press release can be viewed here.
Formed by the Florida Legislature in 2007, the Institute for Commercialization of Florida Technology supports and funds innovation companies that create clean jobs in new industries that are driving the global economy. The Institute provides company building services, and seed funding through the Florida Technology Seed Capital Fund, to promising Florida startups that are developing products that improve and save lives and help companies improve their bottom line. The organization’s investment decisions are guided through a strong partnership with its Private Fund Manager, Florida Funders. The Institute’s economic impact between 2011 and 2019 was $1.9 billion, with an annual return on investment of 31 times to the State of Florida.