Monday, April 12, 2021
Startups Win $25,000 In CSULB Challenge
Two startups won a total of $25,000 in prizes last week at the Sunstone Innovations Challenge at CSULB, a startup pitch competition involving student teams from CSU Long Beach. According to Sunstone Management, a private capital and investment firm, VITALINK, a biotech smart watch accessory startup developing a "a dermal caffeine dosage system" received $15,000 in seed funding and will also receive co-working space, marketing, legal and accounting services totaling up to $35,000. The runner up was UNWIND, which is developing personalized meditation programs, which received $10,000 in seed funding. According to Sunstone Management, four teams from the colleges of health and human services, business and engineering participated in the finals. Sunstone said other finalists were , a platform that offers group experiences hosted by locals to provide on-demand experiences as well as income for hosts and QMMUNITY, a healthcare app aiming to make care more equitable, accessible and transparent for the LBGTQ+ community.