Tag: Allosense

Uber, Virgin Galactic Founders Invest in Advanced Tech Startup Allosense
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Uber, Virgin Galactic Founders Invest in Advanced Tech Startup Allosense

Uber co-founder Garrett Camp and Virgin Galactic founder Richard Branson have invested an undisclosed pre-seed funding amount in the advanced technology startup Allosense. "Their investment put us as oversubscribed on our pre-seed round," said founder and CEO Roman Sandoval. "The backing from world-class investors via Garrett Camp’s Expa Ventures sets us up for aggressive growth.” As part of the investment, the San Antonio-based company also joined the Expa Accelerator, a pre-seed program created by Camp to support startups during the earliest stages of company building. With a program acceptance rate of less than 1%, Allosense was one of three companies selected globally this year. “We understand what it takes to build a scalable company and we’re taking a hands-on approach to t...
Food Startup Grain 4 Grain Wins $50,000 at Tech Fuel Pitch Competition
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Food Startup Grain 4 Grain Wins $50,000 at Tech Fuel Pitch Competition

As craft beer brewing grows in popularity, so does the staggering amount of leftover spent barley grains — over 6 billion pounds annually. That opportunity for food innovation is what drove Yoni Medhin and Matt Metchly to launch their low-carb spent barley flour company. Grain4Grain won the top prize of $50,000 Wednesday evening at Tech Fuel, San Antonio's largest, an equity-free cash-prize pitch competition for early-stage tech startups.   Launched by Tech Bloc, a San Antonio technology industry advocacy nonprofit, the three-tiered $100,000 competition is funded by Bexar County’s Innovation Fund to help emerging tech entrepreneurs launch innovative companies. Five judges with venture funding expertise questioned, then selected the $50,000 grand prize and $20,000 second-place winners...
San Antonio Startups to Watch in 2020
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San Antonio Startups to Watch in 2020

San Antonio startups had a good year in 2019. If you looked over the list of San Antonio startups to watch in 2019, you'd see how many of these were in the news over the past 12 months. Some received significant investments, such as Cyberfortress's $3 million or Plus One Robotics' $11.5 million.  Others experienced significant growth such as FunnelAI and Chargify, two software as a service (SaaS) companies that landed on San Antonio's list of fastest-growing companies in Texas as part of the first-ever Growjo Industry Awards last May. We recommend you keep watching these startups for news of more promising developments. Changes in our ecosystem since last year include an increase in the number of co-working spaces, more student entrepreneurial programs, more investor interest ...
Geekdom Startup Allosense Wins Air Force Funding for Asset Trackers
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Geekdom Startup Allosense Wins Air Force Funding for Asset Trackers

Winning an Air Force contract estimated at a potential total value of up to $5 million has been game-changing for one Geekdom startup company producing internet-of-things or IoT tracking devices. Allosense founder Roman Sandoval applied to the competitive awards-based Air Force Small Business Innovation Research (SBIR) program and won a Phase 1 SBIR award for $50,000 in December 2019. Allosense provides an easy way for companies or organizations looking to integrate the use of smart sensors for tracking assets. The asset trackers are cellphone-sized devices that are always in communication, either on-demand or via a data stream. “We make always-connected sensors that can be used as asset trackers in logistics,” Sandoval said. “Our ‘Sensing-as-a-Service’ can be used in many different ...