Bethesda, Maryland Apr 15, 2021 (Issuewire.com) - The Center for Advancing Innovation (CAI) will host a virtual Investor Forum for winning startups, launched from the Innovate Children’s Health Challenge (ICHC), to pitch for seed and early-stage funding. The ICHC is an open innovation contest to advance high-impact inventions and solutions to improve children's health globally. The ICHC Investor Forum will be held from 1:30 PM to 5:15 PM Eastern on Friday, April 23rd, 2021 using Zoom. CAI invites investors, interested in evaluating ICHC winners for investment, to register for the forum at the link below:
https://www.eventbrite.com/e/innovate-childrens-health-challenge-investor-forum-tickets-144763955889
CAI orchestrated the ICHC with funding from Resonance Philanthropies, a donor-advised fund of the Silicon Valley Community Foundation. The ICHC Investor Forum is made possible by a sponsorship from McCarter & English, LLP (McCarter & English).
Joe Daniels, Partner, and Co-Chair of the Venture Capital and Emerging Companies Group at McCarter & English said, "McCarter & English is delighted to continue our relationship with CAI by sponsoring the Innovate Children’s Health Challenge Investor Forum. We look forward to helping these impactful startups to access capital and to deliver their innovative solutions for the benefit of all children around the world."
Rosemarie Truman, Founder, and CEO of the Center for Advancing Innovation added, “McCarter & English provides outstanding value to their clients. Joe Daniels is simply incredible in the startup business. CAI and the challenge winners are grateful for their support."
ICHC winners have secured ~$4,175,000 in seed funding thus far. These startups will use additional funding from the Investor Forum to get their products to market. ICHC winners to pitch at the forum include the following:
HIGHLIGHTED CHALLENGE WINNERS
ACCELERA:
- Improving the lives of children with cerebral palsy using neuromuscular reeducation
ALGOMETRX:
- Developing a medical device aiming to objectively measure pain in real-time
AMNION LIFE:
- Increasing survivability and thrivability for preterm infants with incubators
FAMILY PROUD:
- Connecting patients and caretakers with a community and the resources critical for their care in an easy-to-use, secure, platform
GORDIAN PHARMA:
- Delivering safe, clinically- and cost-effective medicines for treating pediatric cancers
INTROMMUNE THERAPEUTICS:
- Developing safe and effective options for food allergy sufferers
VAXSYNA:
- Preventing cancers using novel vaccines against human papillomavirus (HPV)
VIDEOKALL:
- Developing next-generation telemedicine for minor and chronic illnesses
VIROLEXI:
- Stopping acute respiratory infections using Rostafuroxin
VIRTULEAP:
- Taking cognitive assessment and training to the next level using VR and AI
KEY CHALLENGE PARTNERS
ABOUT CAI:
The Center for Advancing Innovation (CAI) is a global public-private partnership, non-profit focused on creating a virtuous circle of innovation and driving growth breakthroughs through novel, creative paradigms, and models. CAI's mission is to accelerate and increase the volume of technology commercialization to ignite entrepreneurship, bolster the global economy, and maximize the potential of promising inventions. CAI’s award-winning challenge-based accelerator, rigorous evidence-based due diligence, and capital-efficient lean management models serve to hyper-accelerated “gazelle” high-performing startups for outsized investor returns. For additional information about CAI, please visit http://www.thecenterforadvancinginnovation.org.
ABOUT RESONANCE PHILANTHROPIES:
Resonance Philanthropies is a donor-advised fund of the Silicon Valley Community Foundation with primary funding interests in Children’s Health and Plastic Pollution. The Fund supports the interests of its co-founders, Sheri Sobrato and Eric Brisson. Resonance Philanthropies, one of the philanthropic funds, developed Shadow’s Edge, the first-ever free mobile game designed to build emotional resilience in young people facing health challenges. http://www.shadowsedge.com
ABOUT MCCARTER & ENGLISH, LLP:
McCarter & English, LLP is a law firm of exceptionally skilled lawyers and staff collaborating to deliver innovative solutions and outstanding value to our clients. Our globally renowned Venture Capital & Emerging Growth Companies team empowers clients throughout the development cycle—from ideation to creation, capitalization, implementation, commercialization, and monetization. PitchBook lists us among the most active law firms in this space, placing us in the top law firms globally in several distinct categories. For more information, visit https://www.mccarter.com/.
Media Contact
The Center for Advancing Innovation, Inc r.truman@caistartups.org 2024382208 9508 Burning Tree Rd http://www.thecenterforadvancinginnovation.org/
