By Tim Ryan
757 Accelerate has just unveiled its dynamic Cohort 7, featuring nine groundbreaking startups ready to transform industries from EdTech to Robotics. These companies were selected from a record-breaking 158 applicants and will embark on a 10-week intensive startup program beginning August 19, 2024. This new cohort showcases impressive innovation and diversity, with 73% of the founders representing diverse backgrounds.
Eileen Brewer, Executive Director of 757 Accelerate, expressed her excitement: “Our vision is to harness the collective strength of our experienced mentors, industry leaders, and vibrant startup community. With a deep commitment to collaboration and innovation, we will ignite the growth and potential of these startups, paving the way for remarkable achievements and sustainable success.”
Meet the Innovators:
- ALN Technology – Specializing in AI-driven automation to enhance customer service and sales efficiency.
- LuftCar – Revolutionizing transportation with vehicles that transition seamlessly between air and road operations.
- Markbotix – Developing assistive robotics to improve the quality of life for the elderly and disabled.
- Nightingale Caring Solutions – Using big data and machine learning to optimize nurse-patient assignments.
- Nininger Medical – Innovating heart valve leaflets that are ten times thinner than current materials.
- ReBlood Rx – Introducing a new hemoglobin-based oxygen carrier system.
- ReEnvision.A’i’ – Democratizing AI access for small businesses with an affordable, user-friendly platform.
- Slip Signal Technologies – Creating semiconductor technology to reduce electromagnetic interference.
- Words Liive – Offering a social network for educators to enhance literacy and engagement.
Carlos Munoz, Founder of ReBlood Rx, shared his enthusiasm: “757 has a track record of successful companies coming from their program and to be one of the few selected means a level of trust and excitement around what ReBlood is building.”
The startups will benefit from $20,000 non-dilutive grants and access to collaborative office space at the 757 Startup Studios within Assembly’s iconic campus. This environment, filled with makers and creators, is designed to foster innovation and growth.
Harout Markarian, founder of MARKBOTIX, highlighted the value of the program: “Being accepted into the 757 Accelerate cohort is an exciting opportunity to collaborate with other innovative entrepreneurs and access valuable resources and mentorship. This experience will help me refine my business strategies, accelerate the growth of my company, and bring impactful solutions to the market more effectively.”
757 Accelerate not only supports startups within Virginia but also attracts talent from across the country, enhancing Hampton Roads’ reputation as a burgeoning hub for innovation. As these startups prepare to pitch their ideas to investors, the community eagerly anticipates the remarkable impact they will make.
Stay tuned as these startups transform their sectors and drive economic growth in Hampton Roads. With the collective power of 757 Accelerate’s resources and the vibrant entrepreneurial spirit of the region, the future looks exceptionally bright.
For more information, visit 757 Accelerate and 757 Collab.
You can download a copy of the press release here.
