TechOut first place winners Sylvie Breton, John Randle and Jean-Francois Carbonneau hold a check for the record-breaking $200,000 prize at the NH High Tech Council event on Nov. 15. Pictured from left are: Gary Sloper, VP of global sales engineering and customer success at Oracle+Dyn and TechOut Committee co-chair; Pete Lachance, CPA and partner at Howe, Riley & Howe and TechOut Committee co-chair; Sylvie Breton, PhD and CSO of Kantum Diagnostics, Inc.; John Randle, COO of Kantum Diagnostics, Inc.; Jean-Francois Carbonneau, founder and CEO of Kantum Diagnostics, Inc.; Matt Cookson, executive director of the New Hampshire High Tech Council; and Gray Chynoweth of ARMI and Mill Works II.
Two NH startups won a total of $300,000 in investment capital at TechOut on Nov. 15. As part of the NH High Technology Council’s 2017 TechOut competition, six finalists presented before a live audience of nearly 250 people and Kantum Diagnostics Inc. won the $200,000 first place investment, and Datanomix won the $100,000 second place investment. The winners were determined by a panel of judges comprised of business experts, entrepreneurs and venture capitalists.
“TechOut brings an unrivaled excitement to the New Hampshire startup community,” says Pete Lachance, co-chair of the TechOut Committee, board member of the Council and partner at Howe Riley & Howe. “Our six finalists made very professional and comprehensive presentations and it was clear that they benefited from the expertise of the judges and from going through TechOut’s pitch camp to perfect their presentations. We want to congratulate Kantum Diagnostics on their first place finish and Datanomix for taking second place and look forward to helping and watching them grow and thrive as part of the state’s tech ecosystem.”
Kantum Diagnostics Inc., presented by CEO Jean-Francois Carbonneau, is a biotechnology company that is developing a diagnostic and therapeutic combination to prevent and treat Acute Kidney Injury (AKI). AKI is a common medical complication that affects 4 million people and kills 300,000 people each year in the United States. AKI is often described as a “silent killer” because it has no visible symptoms; there is no early biomarker and no specific therapy for AKI. Kantum provides doctors with new diagnostics and treatments that can eventually be used to prevent AKI.
"This prize will help make AKI a thing of the past,” Carbonneau
Datanomix, presented by Founder and CTO Greg McHale, offers a fog computing system that helps simplify and accelerate how companies extract value from machine generated data. Datanomix makes analysis pipelines and cloud services seamless to implement, use and operate in real-time. Datamonix currently focuses on industrial Internet of Things (IoT), manufacturing and life sciences.
Canopus Water Technologies Inc., EDACS, Performology and TargetRNA were also 2017 TechOut competition finalists, and demonstrated their products and presented at the event.
TechOut is open to startups that have been in business for fewer than five years, raised less than $250,000 in funding and have less than $250,000 in revenue. It is funded by the Mill Works Fund II, a partnership among NH investors and the NH Business Finance Authority. Past TechOut events have helped twelve winners launch and grow their businesses in the Granite State.
TechOut second place winner, Greg McHale, holds a check for the $100,000 prize at the New Hampshire High Tech Council even on November 15. Pictured from left to right are Gary Sloper, VP of global sales engineering and customer success at Oracle+Dyn and TechOut Committee co-chair; Pete Lachance, CPA and partner at Howe, Riley & Howe and TechOut Committee co-chair; Greg McHale, founder of Datanomix; Matt Cookson, executive director of the New Hampshire High Tech Council; and Gray Chynoweth of ARMI and Mill Works II.
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