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Intuitive Motion seeks
$750,000 in funding, in addition to the more than
$278,000 it raised on Kickstarter.
Dhama Innovations took second place at the standing-room only event, attended by more than 230 journalists, bloggers and investors. The startup holds a patent-pending technology called ClimaCon® that instantly cools and heats between 25 degrees F to 140 degrees F for diverse pain-relief applications.
Third place went to
Troop ID, which digitally verifies military credentials for brands and government agencies, allowing men and women serving in the military to claim discounts and benefits.
Brian Cohen, chairman of New York Angeles, the panel of judges chose what they deemed was the most investor-worthy startup from eight presenters – selected in turn from more than 25 companies that applied.
The five other presenters included:
Asius Technology, maker of a device that converts earbud sound to energy to power a pump that inflates a bubble in the ear.
Larry Richenstein, managing director, Peak Ventures. The last startup he founded was Unwired Technology, the world's largest supplier of wireless headphones, which he sold in 2005.
Jeffrey Silverman, partner, Laconia Ventures, an early stage venture capital firm. Silverman has over 20 years leadership positions in early stage media and technology companies.
"The venture funding and Angel communities know that the entrepreneurial future of consumer electronics is strong," said
Brian Cohen, chairman of New York Angels and chief executive officer of Launch.it. "The eight finalists at the ShowStoppers Launch.it pitchfest all made very professional pitches for funding. Our Startup America partnership and having
Guy Kawasaki as one the judges helped make the event a more recognized place for entrepreneurs to raise seed capital, then build and grow successful companies."
About CEAThe Consumer Electronics Association (CEA),
www.ce.org, is the preeminent trade association promoting growth in the
$206 billion U.S. consumer electronics industry. More than 2,000 companies enjoy the benefits of CEA membership, including legislative advocacy, market research, technical training and education, industry promotion, standards development and the fostering of business and strategic relationships. CEA also owns and produces the International CES – The Global Stage for Innovation. All profits from CES are reinvested into CEA's industry services.
About ShowStoppersNow in its 20th year, ShowStoppers,
www.showstoppers.com, is the global leader in producing press and business events spanning the US,
Asia. Each event organizes product introductions, sneak previews and demonstrations for selected journalists, bloggers, industry and financial analysts, venture capitalists and business executives. Industry leaders, innovators and startups exhibit to help generate news coverage and product reviews, make new connections, promote brand, and open new markets. ShowStoppers produces events at CES, CTIA and Mobile World Congress, among others, and the official press events at IFA, NAB, Sandbox Summit and the CEA LineShow.
www.launch.it, is a self-publishing event news and social information management platform that "leaves no new product, service or idea behind," where companies use built-in social networking tools to engage directly with the media and consumers around the world. ShowStoppers works with LaunchIt to power a ShowStoppers-branded news service that is socially engaged, to better connect startups and industry leaders with consumers and journalists.
Steve LeonPartnerShowStoppers+1 512-288-0950
email@example.comTrace CohenPresidentLaunch.it+1 516 225-7417