Contributed by Matt Hollander, Eugene Area Chamber of Commerce
The Willamette Angel Conference (WAC) has announced the semi-finalists for its 5th annual conference to be held on May 9th at the CH2M HILL Alumni Center in Corvallis. The semi-finalists were chosen from 40 Oregon and Southern-Washington based start-up companies.
The twelve semi-finalists are vying for investment estimated to be in excess of $200,000*. The WAC investors are actively performing due diligence on the semi-finalists to determine which companies are best suited for their investment.
Five finalists will be selected from the group to present at the WAC. Register here to see the finalists compete at the Willamette Angel Conference.
Amorphyx – Corvallis – Amorphyx
Amorphyx leverages innovations in amorphous metals to redefine flat panel display backplane cost and performance while enabling mass production of flexible displays.
Carrot – Eugene – www.GoCarrot.com
Carrot brings social growth to mobile apps.
CloudyDays – Portland – www.Cloudy-Days.com
Changing the way applications scale in the cloud
CSD Nano – Corvallis – www.CSDNano.com
Improving efficiency of solar modules with nanostructured optical thin films
DesignMedix – Portland – www.DesignMedix.com
DesignMedix, Inc develops drugs to overcome drug resistance in multiple diseases, and has a malaria drug nearly ready for human trials.
Green Zebra Grocery – Portland – www.GreenZebraGrocery.com
Green Zebra Grocery is a mash-up of a 7-11 and a Whole Foods–we’re creating healthy convenience stores for eaters on the go!
GruntWorks – Portland – www.GruntWorksUSA.com
We are the conduit between property owners and service providers, adding consumer stickiness to the home services lead generation business.
Indie Vinos, Inc. – Portland – www.IndieVinos.com
Our solution makes wine-buying at events easy and helps wineries grow event-related sales by converting wine tasters into wine buyers.
LanguageTwin – Portland – www.LanguageTwin.com
LanguageTwin adds conversation and culture to foreign language classrooms through an evaluative and structured student-to-student video chat.
QE Chemicals, Inc. – Eugene – www.QEChem.com
Azaborine synthetic building blocks provide structural diversity and novel biochemical reactivity, expanding chemists’ ability to innovate.
Sonivate Medical – Portland – www.Sonivate.com
Sonivate has a disruptive, proprietary, FDA-cleared medical imaging technology that addresses critical needs in the $5B ultrasound market.
SpinRiot, Inc – Wilsonville – www.SpinRiot.com
SpinRiot is the first simple, multi-screen (mobile + web + tablet + TV) authoring for interactive content.
The investment group was challenged this year due to the quality of applicants. Skip Rung, President of ONAMI, and a WAC investor since inception in 2009, said, “This is the strongest pool of WAC applicants I’ve seen. I review business plans from all over the state, and I see dozens of pitches every year. This is the best ever.”
“This is clearly the best slate ever, with better potential investments from top to bottom,” said Jens Anderson, Eugene CPA and member investor. “I also see plans from the Bend Venture Group, so I’ve seen dozens every year of the last four. And this year’s group is the best.”
This year is the fifth since the WAC began in 2009. The group includes investor members from Eugene and Corvallis, divided roughly half in half. The WAC event switches between Eugene and Corvallis in alternating years. The Eugene Chamber of Commerce leads the development, sponsorship, organization, and hosting of the event.
*The investment amount is still pending because the investor group is still open to new members.