Innovation Guelph and CBaSE at the University of Guelph teamed up last night for the first “Startup Royale” pitch competition.
A total of 20 contestants were given a 2-minute opportunity to pitch their startup idea to a panel of judges in the hopes of being pushed through to the second round, which saw five startups compete and score seed investment. BioDatAlign, Red Tree Robotics, Local Line, SweetTCakes, and the Custom Tea Company all competed for a piece of the $15,000 prize.
At the end of the night, Redtree Robotics secured the main seed investment of $5,000. Second place, and $4,000 each, was won by both SweetTCakes and the Custom Tea Company. Local Line won fourth place and $2,500, while BioDatAlign won $1,088.
Redtree Robotics is currently working in Montreal for 3-months at the Notman House (FoundersFuel). The company was founded by CEO Tom Hummel and CTO Jason Ernst and states they are “experts in mobile robotics integration,” and help companies “focus on making your robot do something cool.” Redtree is creating Hydra, the first mobile robotics integration platform that aims to reduce the cost and time to market.