Alabama Launchpad has selected 10 finalists for its Cycle 3 2023 competition. The startups selected will compete for a combined $75,000 at the finale scheduled for Dec. 7 in Hoover.
Alabama Launchpad features startups in two stages: the concept stage, which are pre-revenue companies; and the early seed stage, which are companies looking to accelerate growth of their existing business. A winner will be named in each stage.
“We are eager to see the rapid growth of these 10 companies as they work with our launch advisers in preparation for the in-person pitch finale,” said Miller Girvin, executive vice president of Innovation & Talent at EDPA. “Alabama Launchpad provides both the necessary financial support and mentorship to turn ideas and early-stage companies into thriving businesses within the state.”
There are four concept stage companies competing for $25,000. These are the descriptions from Alabama Launchpad:
OMNIS Inc. DBA LucidTrade (Auburn) offers a product to revolutionize finance by merging blockchain tech with traditional banking — empowering users with peer-to-peer loans, credit-building and seamless transactions.
DevClarity (Birmingham) is an AI-powered platform for proactive developer management. With DevClarity, developers are able to maximize and streamline operations, while optimizing resource allocation.
Revive Recovery Solutions LLC (Birmingham) is a wearable opioid overdose detection device and alert system. It is also a data collection company to provide real-time OD information for the fight in the opioid epidemic.
Score Pharma Inc. (Huntsville) uses CoreX technology platform to develop next-generation antibody therapeutics from existing clinically validated products. This process can create drugs with increased potency, decreased costs and shortened time to market for better patient outcomes.
These are the six companies in the early seed stage, which will be competing for $50,000:
Autonoma Inc. (Auburn) creates autonomous vehicle simulation and validation tools. It combines an AV simulator with high-bandwidth, low-latency wireless communications to allow a real vehicle to “see” a virtual environment around it. This allows for a safer transition from simulation to on-road operation and is much cheaper and more efficient than current validation methods.
Dryft Coffee (Birmingham) is currently operating as a mobile coffee camper but is also building its first brick and mortar in downtown Birmingham. Dryft coffee sources its product from women-owned farms and provides a portion of its profits back to the women in their supply chain.
Datus Henry Industries LLC (Birmingham) is a family-owned business in the hemp industry, based around products grown on one of the first Alabama Black Belt farms licensed to grow hemp. DHI specializes in the growing CBD sector, offering products in its retail location in Birmingham, and it is expanding into the industrial hemp fiber sector.
GutChek Inc. (Madison) is the first marketplace that enables patients to self-schedule colonoscopies without an office visit. It deems itself as the “Calendly for Colonoscopy.”
Circool (Birmingham) realizes that today, most schools leave their doors open when hosting large events, allowing easy access for potentially unwanted people. Circool protects schools, children and staff by validating school entry and child pick-up during planned and unplanned events.
VirtuOwl (Birmingham) links, facilitates and hosts learning sessions between a school’s population of students and certified counselors and educators — all on its online platform.