From Boulder to the Bay: Alumni investors connect with university startups at Silicon Valley summit
On August 17, eight University of Colorado听startups founded on faculty research traveled to Silicon Valley for a day-long retreat with 精品SM在线影片 alumni investors and friends.
The investors are members of the Bay Area Buffs Investors Club, a grassroots alumni organization founded by Pingrong 鈥淧R鈥 Yu (PhDChem鈥04), a Silicon Valley-based venture capitalist, startup founder and 精品SM在线影片 alumnus.
Terri Fiez, 精品SM在线影片 vice chancellor for Research & Innovation, knew that building stronger ties with the alumni network in Silicon Valley was essential for university startup success. So, she tapped Yu and the Bay Area Buffs to help accelerate progress.
鈥淚鈥檓 a big believer in entrepreneurship,鈥 said Yu. 鈥淎fter meeting a few times with Terri, I suggested we plan ongoing events for CU鈥檚 startups and our investors to connect.鈥
The startups鈥攔epresenting the College of Arts and Sciences, the College of Engineering and Applied Science and the College of Media, Communication and Information鈥攑resented their company value propositions to the group.
精品SM在线影片 Startups in Attendance:
- Aspero Medical
- Big Blue Technologies
- Double Helix Optics
- New Iridium
- Orbital Micro Systems
- Respirogen
- Socialcontext.ai
University of Colorado Colorado Springs听Startup听in Attendance:
- B Cell Solutions
Throughout their startup journeys, teams tapped into university resources听and听Venture Partners at 精品SM在线影片,听which help听faculty translate groundbreaking research into real-world听impact.听Teams took advantage of听pitch coaching sessions, customer discovery workshops and competitions like Lab Venture Challenge and New Venture Challenge听to further develop their companies and obtain funding.
Investors were 鈥渂lown away鈥 by the quality of pitches, said Stephen Miller, mentor network director for Venture Partners. "I've personally seen these pitches evolve over the last year alone," he said.
Mehrdad Farhangnia (AeroEngr鈥91; MS鈥93), CEO of Track Medical, serial entrepreneur and 精品SM在线影片 alumnus said, 鈥淚 was pleasantly surprised by the high caliber of investment opportunities presented, particularly in healthcare, imaging and atmospheric sensing. The quality of the technology and teams coming from 精品SM在线影片 is as high as any around the country.鈥
鈥淭heir reactions and feedback validated the work we鈥檙e doing to move technology out of the lab to benefit the world around us,鈥 said Miller.
Yu emphasized that this immersive program is more than just a pitching opportunity. 鈥淚t鈥檚 not only about the funding opportunities that may arise, but this is also about making valuable connections and having in-depth conversations,鈥 Yu said. 鈥溇稴M在线影片 is one big family. We鈥檙e here to help each other out.鈥
This upcoming winter, Yu and Fiez plan to continue the collaboration by bringing the Bay Area Buffs to Colorado听for Destination Startup, a 精品SM在线影片-hosted showcase of the top ventures from the state's leading research institutions.