Developer of tattoo ink with a safe removal solution
New York University students are developing a removable tattoo ink with their startup, Ephemeral. The goal is to deliver high-quality ink that gives customers the option of safe, easy, and effective removal with a proprietary removal solution. The Ephemeral technology is designed to integrate seamlessly into existing tattoo equipment, so the application process remains unchanged. Ephemeral hopes to capture a share of the billion-dollar industry, in addition to potential consumers who might be more interested in tattoos if easy removal is an option. The startup is in the process of testing prototypes and expects to have a finalized product within 12 to 18 months. Ephemeral estimates that its ink and removal products will cost about $100 to $200, less than traditional laser-removal procedures that cost over $2,000 and can leave permanent skin damage.
Ephemeral completed the NYU Summer Launchpad Accelerator Program last year, and won the first-place prize of $75,000 in the technology venture category in NYU Stern’s Berkley Center for Entrepreneurship & Innovation 200K Entrepreneurs Challenge. The startup was also featured at the Google I/O Extended NYU event and Columbia University's Future of Urban Innovation Startups conference.
Smart grading tool that lets professors grade everything online
Gradescope is a web-based smart grading tool developed by computer science doctoral students, former teaching assistants, and a professor from UC Berkeley. The startup aims to streamline the more tedious aspects of the grading process, allowing instructors to grade everything online (including paper-based assignments, which can be scanned) and enable data-driven education. Gradescope’s reusable scoring criteria are designed to improve consistency, promote transparency, and reduce time spent grading by half. The team also plans to roll out additional premium features, which would allow certain assignments to be graded in 10 percent of the time it currently requires.
The prerevenue startup completed UC Berkeley’s accelerator program SkyDeck, and has attracted more than $1 million in investment funding from angel investors and venture capital funds including K9 Ventures. The Gradescope software has been used to grade over five million questions in over 100 high schools, colleges, and universities. This semester, half of all Berkeley undergraduates are taking courses that use the online tool.
Maker of indoor farms that efficiently grow produce year-round
Local Roots designs, manufactures, and operates indoor farms that seek to grow organic produce year-round in an efficient manner. The student founders, who are focused on ecofriendly growing practices, have turned 40-foot shipping containers into scalable indoor farming systems. Using robotics, microbiology, and big data analytics, Local Roots says its containers have achieved higher production densities--up to 300 times higher per square foot--than conventional farms. The startup’s produce is grown without pesticides or herbicides and the containers use less water than traditional methods. A second version of the company’s farms, capable of growing the equivalent of five acres of outdoor produce, will launch this month. Local Roots is dedicated to providing affordable and sustainable produce while inspiring healthy lifestyles.
Local Roots has attracted over $1 million in seed funding from investors in the food service, commercial real estate, and traditional farming sectors. It currently sells its indoor-farm produce to TenderGreens, a fast-casual restaurant chain in Southern California, and also direct to consumers. It has set up pilot programs with other restaurants, retailers, and wholesalers, and eventually plans to work with national distributors.
Creators of Rosie the Robot for commercial cleaning
Maidbot plans to disrupt the hospitality industry with Rosie the Robot, a device that can be used for commercial cleaning. The robotics company, which is still in stealth mode, is run by business and engineering students and alumni from Cornell, Carnegie Mellon, and Georgia Tech universities. The team created Rosie to help reduce costs, inefficiencies, and injury rates in commercial--and eventually residential--cleaning. The robot also gathers useful data to improve management productivity in scheduling and logistics. In the future, additional features like laundry-folding and bed-making will be added. Maidbot is receiving preorders for the robot, which is scheduled to be released in September.
Maidbot is establishing pilot programs in the hotel industry with companies including Marriott, Hilton, and Wyndham. The robotics startup has raised $500,000 in funding from angel investors and is currently trying to secure a $4 million round. It is part of the Ithaca-based REV Accelerator Program, and last summer completed the Life Changing Lab incubator program for Cornell students and alumni. Maidbot expects to have revenue by the third quarter of 2016.
Cold-pressed juices made from odd-looking produce to combat food waste
MISFIT Juicery aims to fight food waste by using tasteful but aesthetically unappealing fruits and vegetables in its juice products. The Georgetown University student startup makes its cold-pressed juices with oddly shaped, sized, or colored produce that would otherwise end up in the trash bin. Unlike cleanse-focused juice companies, MISFIT Juicery is branding its product as an everyday drink. Its goal is to expand the concept to other food products and consumer goods while changing the way people engage with food.
One year after launch, MISFIT Juicery sells its product in 44 locations in Washington, D.C. It has partnered with fast-casual restaurant Chaia, which is piloting the startup’s juice kegs. MISFIT posted $73,000 in revenue for 2015, received $35,000 in seed funding earlier this year, and is hoping to raise an additional $215,000. The startup won first place in Georgetown University’s Hoya Pitch Challenge and Social Innovation Competition, and received $20,000 from a Georgetown MBA class. MISFIT has a number of advisers, including Jordan Figueiredo, an anti-food-waste activist. It also secured a partnership with Baldor, the largest produce distributor in the Northeast, to incorporate discarded produce in MISFIT juices.