Exploration Park, Miami and Tampa, Fla. (October 8, 2021) – Space Florida and the Florida Venture Forum, Florida’s largest statewide support organization for investors and entrepreneurs, are pleased to announce Calculum, Inc., FLUIX LLC and Oracle Heath, Inc., as the award winners at the 2021 Florida Early Stage Capital Conference, held October 7-8, 2021 in Tampa. A panel of investor judges reviewed each eligible company’s presentation and supporting materials. Grand Prize Winner Calculum Inc., will receive $40,000 of Space Florida’s Accelerating Innovation (AI) Award, while 1st Runner-Up FLUIX LLC will receive $30,000 and 2nd Runner-Up Oracle Health, Inc. will receive $20,000.
Calculum, Inc., Miami, the company helps organizations unlock millions in working capital and generate free cash flow by optimizing payment terms. In short, Calculum helps companies get paid earlier and pay invoices later. The company’s platform allows organizations to compare themselves with their competitors. With the web-based platform leveraging artificial intelligence, companies can analyze all their suppliers in terms of payment terms, financials, sustainability, ESG (Economic Social Governance), and seize all the necessary arguments to negotiate more favorable terms.
FLUIX LLC, Orlando, the company’s patent pending multi-inlet liquid cooler eliminates overheating and allows workstation manufacturers to increase processing speeds by up to 25% In turn this allows compute intensive firms (AEC) to increase productivity. They sell their technology in an “AIO” all-in-one liquid cooler to workstation manufacturers.
Oracle Health, Inc., Safety Harbor, the company is developing a tiny insertable cardiac device with remote monitoring capabilities to monitor long term cardiac disease, known as Heart Failure, a $21B problem.
Additionally, Abilitare (University of Florida) and Eucovent (University of South Florida) were the two winners in the 12th Annual Statewide Collegiate Startup Competition and will each receive $5,000.
“Space Florida congratulates the winners Calculum, Inc., FLUIX LLC and Oracle Heath, Inc., as well as all the participating companies, in this year’s Florida Early Stage Capital Conference,” said Space Florida President and CEO Frank DiBello. “Our partnership with the Florida Venture Forum and the success of these capital accelerator events continue to elevate Florida’s profile in the venture capital arena. Space Florida applauds the Florida Venture Forum on another fruitful event and its continued leadership in the start-up ecosystem.”
“Congratulations Calculum, Inc., and to all the winners and participants at the 2021 Early Stage Capital Conference,” said Kevin Burgoyne, president and CEO of the Florida Venture Forum. “We are so grateful to our partners at Space Florida for their support and commitment to the Forum, and to Florida’s innovation ecosystem. Our work together has a huge impact on the entrepreneurs and companies powering Florida’s present – and very bright future.”
The event marks the 14th year the Florida Venture Forum has hosted the Florida Early Stage Capital Conference. The 24 presenting companies were selected from a pool of more than 150 applicants by a committee of active Florida venture capital investors. Space Florida provided the Accelerating Innovation prize money totaling $100,000. To date, Space Florida supported capital accelerators have attracted more than $530 million in funding and investments for the participating companies. Seven colleges and universities were chosen to participate in this year’s Statewide Collegiate Startup Competition.
About Space Florida: Space Florida was created to strengthen Florida’s position as the global leader in aerospace research, investment, exploration and commerce. As Florida’s aerospace and spaceport development authority, we are committed to attracting and expanding the next generation of space industry businesses. With its highly trained workforce, proven infrastructure and unparalleled record of achievement, Florida is the ideal location for aerospace businesses to thrive – and Space Florida is the perfect partner to help them succeed. www.spaceflorida.gov.
About the Florida Venture Forum: The Florida Venture Forum is Florida’s largest statewide support organization for investors and entrepreneurs, helping fast-growth companies connect with sources of capital from across the country. Since 1984 more than 1500 companies have presented at Forum events and have gone on to raise upwards of $11B in equity capital, producing billions more in economic value to Florida. The Forum’s 250+ members represent a “who’s who” of venture capital and private equity dealmakers, including equity and debt investors at all stages, as well as major law, accounting, and investment banking firms, and large corporates active in the innovation ecosystem. The Forum provides programs and programming statewide throughout the year in addition to hosting major annual conferences like the Florida Venture Capital Conference, the Statewide Collegiate Startup Competition, the Early Stage Capital Conference, and industry-focused events including aerospace and healthcare. For more information, visit: http://www.flventure.org.