In collaboration with OCS and Cubic Boston, InnoSTARS Boston preliminary competition was successfully completed yesterday, offering an opportunity for 19 pre-selected technology companies to present their innovations and readiness for the China market.
The competing companies presented innovations spanning a broad range of industries, including: Advanced Manufacturing, Healthcare and Biotechnology, Environmental Technology, Renewable Energy and New Materials, Information and Communication Technology, Artificial Intelligence and Augmented/Virtual Reality. Each technology company made 9-minute presentations, which were scored by judges on factors including technology, market potential, team, financials, exit opportunity and presentation. The seven companies that secured invitations to the 2018 semi-finals in China this autumn are: Vapore, LLC, Soteria Battery Innovation Group, Q Hydrogen Solutions Corporation, PhDSoft Technology Inc, AnCatt, Rho Renewables, Inc and H2-1.com.
InnoSTARS Boston judges included: Jason Wen, Joyce Zhang, Shawn He, Daniel Harris, Tina Adolfsson, Raza Shaikh, Andy Korhonen, Boris Umylyn, Tony Tian, Tian Hua, Pei Qi, Hao He and Lili Li.
Success Stories From 2018 InnoSTARS Boston Preliminary Winners
Soteria Battery Innovation Group
1st Place in 2018 InnoSTARS Industry Final – New Materials
Who they are
Soteria Battery Innovation Group Members are dedicated to enabling portable electric power without the risk of fires, no matter the circumstances. Our material architecture eliminates the spark on the inside of a battery that can cause fires. We are different. Our goal is to ensure that these materials are available to every battery manufacturer with local production from a broad supply base so that every device, whether a hearing aid or a electric bus, can have a battery that is virtually impossible to self-ignite. We will ensure that these materials are used responsibly by setting world-class safety standards so that you, the device manufacturer or consumer, will know that you have the safest electric power source, no matter what.
What they said
“China is a key market for lithium-ion batteries and it is growing very quickly. Soteria aims to expand its consortium in China, pulling together a robust supply chain that will work together to eliminate lithium-ion battery fires. Having the opportunity to travel with InnoSTARS to China to make connections with potential partners and investors has been very valuable to Soteria Battery Innovation Group. We are very thankful to have been a part of InnoSTARS and look forward to participating at the InnoSTARS Alumni Spotlight in Houston.”
— Brian Morin, CEO
2018 InnoSTARS Preliminary Stage Winner – Healthcare and Biotechnology
Who they are
Matregenix Inc. uses a platform technology to develop synthetic scaffolds that help human tissue to regenerate more quickly. Our unique patented process and novel materials enables us to create highly tunable 3D polymeric matrices, which mimics the structure of human tissue. Our landmark dental membrane product, InteGraft®, will create a paradigm shift in guided tissue and bone regeneration as it possess superior characteristics that will meet the doctor and the patient’s demands at a lower price point. In addition to the dental membranes product, Matregenix plans to expand its product pipeline into other indications to include tubular implants, resorbable stents, and wound healing batches. The company filed multiple provisional patents on general fabrication methods for its intended product pipeline.
What they said
“InnoSTARS offered us a great education opportunity about the Chinese medical device market. During my time in China, I connected with many people who can potentially help us accessing the Chinese market through partnership. While the Chinese market offers great expansion opportunity to grow our business, the complexity of this market makes it impossible to navigate without a Chinese partner. InnoSTARS is facilitating this mission through connecting us with potential Chinese partners.I also represented Matregenix at the 2018 OCS “Talent Make Future” Competition in Gunagzhou. It was my great pleasure experiencing this fruitful and interesting event. It is always inspiring to be with co-conspirators who are out there trying to make the world better place. Excited to be back next year to present our anticipated 2019 milestones.”
— Sherif Soliman, Chief Executive Officer and CTO
2018 InnoSTARS Preliminary Stage Winner – Information and Communication Technology
Who they are
Guppy operates a distributed ledger for credit data. Through a secure, permissioned, publicly accessible platform, personal data is easily uploaded, verified, offered and used. Guppy enables data owners–including financial institutions and everyday consumers–to monetize their own data, whether for account opening and maintenance or for employment and rental verification. Guppy modernizes and improves the credit data ecosystem for all participants by addressing the industry’s biggest pain points–transparency, accessibility, security, control and quality.
What they said
“The InnoSTARS experience in China was unique and transformative for Guppy because it enabled us to have conversations and learn about both the realities and opportunities of the massive Chinese market. The access to people and resources helped us accelerate our thinking and make a quantum leap in terms of exposure. We are currently in discussions with investors in the region, which we hope to announce later this year.”
— Sanjib Kalita, CEO