Tag: Multisensor Diagnostics

Awards

2 With FastForward Ties Among Those Named to BBJ’s…

2 With FastForward Ties Among Those Named to BBJ’s Tech 10

 

John Cammack

Through innovation, investments and talent nurturing, Baltimore’s tech community grows stronger every day. To recognize those most instrumental in driving this change, The Baltimore Business Journal named the recipients of its second annual Tech 10 Awards, including two with ties to FastForward.

John Cammack and Sathya Elumalai were featured among a prestigious list that included tech company executives, leaders of incubators and venture capital investors.

Cammack, a FastForward mentor-in-residence, is backing several Baltimore-based tech companies like Allovue, Red Owl Analytics and ZeroFox. The ex-T. Rowe Price executive also sits on a number of boards, including those of Betamore and the Johns Hopkins student startup FactoryFour.

Sathya Elumalai

Sathya Elumalai, CEO of Multisensor Diagnostics, a FastForward startup, is developing a handheld device called MouthLab that quickly and easily gathers key vital signs. Elumalai co-founded Multisensor Diagnostics in 2015 while earning his MBA in health care management and finance at the Johns Hopkins Carey Business School. In March, his company beat out a field of about five dozen to become one of four finalists in the Association of University Technology Manager’s national business plan competition.

In addition to being featured in the BBJ’s September 22 issue, the publication will celebrate the honorees with a public event on September 21. Jen Meyer, CEO of Betamore and a Tech 10 winner last year, will be the keynote speaker at the event.

Last year, the BBJ selected JHTV head Christy Wyskiel and Protenus co-founders Robert Lord and Nick Culbertson among its honorees for the inaugural Tech 10 awards. Protenus is a FastForward startup currently operating in Baltimore’s Harbor East neighborhood.

Interested in learning more about or investing in a venture? Click here!

 

Awards

Maryland Startups Sweep Finals at National Competition

Maryland Startups Sweep Finals at National Competition

 
A national field of about five dozen shrunk to 16 and then to four, and by that point only Maryland teams remained. It may sound like a hometown fan’s March Madness basketball bracket, but that’s the outcome at the Association of University Technology Manager’s (AUTM) national business plan competition.

AUTM officials selected the finalists as part of a blind panel process, and, on March 14, LifeSprout claimed the top prize of $10,000 at the Pitch and Play Venture Challenge, edging out fellow Johns Hopkins Technology Ventures (JHTV) startups Pathovax and Multisensor Diagnostics and University of Maryland startup Grip Boost.

LifeSprout - AUTM Award Winner
LifeSprout’s Director of Operations Kevin Colbert (left) and CEO Sashank Reddy (right) accept the $10,000 prize from AUTM.

“Winning the AUTM competition is terrific. It is a validation of our team’s efforts to build something of great value for patients, partners, and investors,” LifeSprout CEO Sashank Reddy says.

“It is also a validation of the great work of JHTV, TEDCO and the Abell Foundation in supporting local startups. It is no accident that three of the final four teams in this national business plan competition were from JHTV and all four had TEDCO support.”

LifeSprout is developing a suite of minimally invasive products that can be used to restore missing soft tissues, particularly for those who lost soft tissue due to cancer surgery or as a result of trauma. The award money will allow the company to scale up the manufacturing of its composites as it looks toward clinical trials.

At the event held in Hollywood, Florida, each team made a 10-minute presentation and then fielded questions from a panel of five seasoned venture capitalists from across the country.

“The VC panel has been asking me how we help our startups,” says JHTV’s Technology Transfer Director Hassan Naqvi, who attended the event. “They are very impressed with the quality of the business plans going into the session.”

“This success is a testament to the work and drive of the startup companies in the competition as well as proof positive of Christy Wyskiel’s vision and Brian Stansky’s translation of that vision into FastForward,” Naqvi continues, referring to the head of JHTV and its director of FastForward, respectively.

Sonavex, a JHTV startup currently operating out of FastForward Homewood, won the competition in 2015, and the success of one could have played a role in what happened this year.

“When someone sees someone else be successful, there’s an ‘If they can do it, I can do it,’” Stansky tells The Daily Record. “You’re thickening the soup in which things can come together and grow.”

Here’s an overview of each of the finalists:
 

  • Multisensor Diagnostics: Based in Baltimore’s Hampden neighborhood, Multisensor Diagnostic is developing a portable handheld device designed to quickly and easily gather an individual’s key vital signs. CEO: Sathya Elumalai

 

  • Pathovax: A startup leasing shared lab space at the FastForward 1812 innovation hub, Pathovax is developing a universal HPV vaccine. The pilot pipeline vaccine promises to provide protection against all 15 oncogenic HPV types and many others that cause warts. Earlier this year, Pathovax won the 43North startup competition and $500,000. Co-founders: Weijie Poh, Joshua Wang

 

  • Grip Boost: A part of UM Ventures, Grip Boost has developed chemically modified grip solution for football gloves and other sport grips that is legal and easy to use. It currently sells grip products for football, baseball, softball and golf.

 

Click to watch a powerful video about LifeSprout’s technology.

 

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