Kyyba Innovations along with the event host IoT Tech Connect, announced on Monday that AvidCor was named the winner of the IoT Tech Connect Pitch Club Competition. According to IoT Connect and Kyyba Innovations, AvidCor is a health technology company based in Michigan that provides an affordable cardiac monitoring device through bluetooth-connected smart devices. The company will receive $50,000 equity investment and support services from Kyyba Innovations, as well as mentorship from the organization’s extensive network.
The organizers revealed that the IoT pitch competition was aimed at identifying the six startups in Autonomous and Connected Vehicles, Augmented and Virtual Reality, Connected Tech, Smart Cities/Smart Homes, Industry IoT and Cyber Security IoT. Speaking about the competition, Tel Ganesan, Managing Director of Kyyba Innovations, stated:
“Technology is disrupting everything and has fundamentally changed every business. Everything around us has become connected and the future belongs to technology and innovation-driven growth. The Pitch Club competition will help build the IoT ecosystem in Michigan, contributing to Michigan’s competitiveness, job growth and future economy.”
Kyyba Innovations is a global second stage startup accelerator investing in technology and IP related startups in broad-based industries, which are Health, Mobility, IoT, Industrial, Energy, Automotive, BlockChain, and Fintech. IoT TechConnect is co-produced by MITechNews.Com, an Ann Arbor media group covering technology and entrepreneurs statewide, and CloudTech1.com
Other finalists were of the competition were brandVR, CARMERA, Inspired Biometric, Giggso, Sample Serve.