MassChallenge handed out more than $400,000 in equity-free prizes last week to the top startups in its 2020 program.
MassChallenge held its event online with a virtual awards ceremony. In fact, the entire four-month accelerator for 58 startups took place online in response to the COVID-19 pandemic.
“All of the startups from this year’s program exemplify the grit and tenacity needed to build sustainable solutions,” Mike Millard, Managing Director of MassChallenge Texas in Austin said in a news release. “At the end of the accelerator, these startups have raised $40 million in funding, generated $17 million in revenue, and created 328 jobs. They are on a great path to impact our future – the way we live, work, and play.”
$100,000 Diamond Award Winners
● DanceFight of Austin: DanceFight is a mobile dance competition platform.
● RealKey of San Francisco: a mortgage processing platform.
$50,000 Gold Award Winners:
● At Ease Rentals Corp. of Round Rock: temporary housing for military and federal employees.
● Civic Champs of Bloomington, Indiana: creates a mobile platform for nonprofit organizations to organize and engage with volunteers.
● Code 1 Medical Devices of St. Petersburg, Florida: a medical device that prevents aspiration of stomach contents into the lungs.
● CUE Audio of Franklin, Tennessee: CUE transmits data between any microphone and speaker using sound waves.
● Locker Lifestyle of Orland Park, Illinois: created a wearable wrist wallet to stash cash, keys, phone, ID, and other objects.
● Muxy of Austin: created software that allows broadcasters to interact with viewers.
$15,000 FM Global Resilience Prize
● Power Polymer, based in Wimberley, the company’s patented solution shows significant promise in reinforcing existing structures, with the goal to enhance a property’s resilience.
