Denver Startup Week Second Place Win and Funding Update

I had a fantastic time at Denver Startup Week 2017 last week! It brought together over 17,500 entrepreneurs, investors, and business leaders focused on startups, and I took the opportunity to attend as many sessions as possible to learn and connect with others. The event organizers did a great job bringing everyone together to foster passion, motivation, and innovation. I feel fortunate to live in a city with such a thriving startup community.

For me, the highlight of the week was the Pitch Competition. The competition was fierce, and I do not envy the judges having to select only three winners from the impressive finalists. The winner, Boogaloos Beds, creates and sells smart beds for people with autism and other sensory disorders to improve their sleep, safety, and sensory control. They are hoping to improve the lives of the estimated 71% of children with Autism who have sleep disorders. Nikola Power wishes them well in their important work.

The 3rd place winner, AI Health, is also hoping to improve lives: they want to quickly and efficiently match patients being discharge from the hospital to Post-Acute Care (PAC) facilities. They have developed a platform to match patient needs to PAC reviews, capabilities, and availability. A good fit between patient and PACs will ensure patients get home quicker and in better health, and we hope AI Health succeeds in their mission.  

I am honored Nikola Power placed second among these inspiring startups. This is great validation of our progress and potential, and I would like to thank everyone who took the time to vote and help us into the final round! We are fortunate to have such great support and have worked hard to be where we are today.

Speaking of support, we are in the middle of raising our seed round. We have two lead investors, the Rockies Venture Club (RVC) and Laurence Chang, former Janus Capital Portfolio Manager, who have been fantastic partners. We are making solid progress and have already raised a third of our round. We are looking forward to closing this round and implementing our vision of a 100% renewable energy powered world!

Thank you everyone for helping us get this far! If you are interested in either participating in the seed round or working with us to deploy solar and energy storage, please reach out to me at jw.postal@nikolapower.com.   

Below is a picture of our team with the second place DSW Pitch Competition award:

 From left to right: Ben Joseph, Leslie Fredrickson, JW Postal, Evan Hung, and Bernadette Jendrusch. Missing from the picture is Ben McConahey.

From left to right: Ben Joseph, Leslie Fredrickson, JW Postal, Evan Hung, and Bernadette Jendrusch. Missing from the picture is Ben McConahey.

Evan Hung