{"640001":{"#nid":"640001","#data":{"type":"news","title":"Aerodyme Technologies Wins TiE University Global Pitch Competition 2020","body":[{"value":"\u003Cp\u003E\u003Cstrong\u003ECalifornia, September 14, 2020:\u003C\/strong\u003E\u0026nbsp;TiE Global hosted the 2nd edition of the TiE University Pitch Competition over the weekend. Cash prizes of close to $14,000 and almost $35,000 worth of in-kind prizes were given out to the 13 participants. TiE Atlanta\u0026rsquo;s Aerodyme Technologies from Georgia Institute of Technology came in first, winning $5000. TiE Silicon Valley\u0026rsquo;s team Ambii from San Jose State University bagged the second prize, winning $3000; while TiE Toronto\u0026rsquo;s LSK Technologies, a MedTech startup from the University of Toronto emerged as the third winner, winning $2000.\u003C\/p\u003E\r\n\r\n\u003Cp\u003EThe winning team, Aerodyme Technologies has created a novel device that saves fuel costs for tractor-trailers by minimizing aerodynamic drag. Ambii, which came in second, provides an in-store music streaming platform for retail outlets, cafes and restaurants without the hassles of licensing. Third prize winner, LSK Technologies, created a diagnostic device for testing infectious diseases such as Covid19 at the point of need.\u0026nbsp;\u003C\/p\u003E\r\n\r\n\u003Cp\u003ECongratulating the winning team, Mahavir Pratap Sharma, Chairman of the TiE Global Board of Trustees said, \u0026quot;We are proud of these young talented entrepreneurs. Their growth story from pitches at their local TiE Chapters till the Global Finals has seen a massive expansion and iteration of thought and structure. This is a complete team effort put forward by the program co-chairs and charter member mentors who helped them grow their idea, giving them thorough guidance and mentoring the students over the last few months to compete on a global stage.\u0026rdquo;\u003C\/p\u003E\r\n\r\n\u003Cp\u003E\u003Ca href=\u0022https:\/\/aerodymetech.com\/\u0022\u003EAerodyme Technologies\u003C\/a\u003E\u0026nbsp;participated in Georgia Tech\u0026rsquo;s\u0026nbsp;\u003Ca href=\u0022https:\/\/create-x.gatech.edu\/launch\u0022\u003ECREATE-X Startup Launch\u003C\/a\u003E\u0026nbsp;program during summer 2019. During the startup accelerator program, the Aerodyme team was able to conduct customer discovery and receive mentorship and funding to take their product to market. The team also won 2nd place in the 12th annual\u0026nbsp;\u003Ca href=\u0022https:\/\/inventureprize.gatech.edu\/\u0022\u003EInVenture Prize\u003C\/a\u003E\u0026nbsp;competition in March 2020. As part of the competition, Aerodyme received $10,000 in cash and patent filing assistance funded by the Georgia Tech Research Corporations.\u0026nbsp;\u003C\/p\u003E\r\n\r\n\u003Cp\u003EThe second edition of the TiE University jointly organized by TiE Atlanta \u0026amp; TiE Hyderabad had 13 teams representing TiE chapters from India, Israel, UAE, Israel, USA, and Canada. These teams were previously the chapter winners and were then mentored to participate in the Global finals.\u0026nbsp;After the Semi-final round on Saturday, seven teams were selected for the finals. Teams had a 10-minute pitch to an eminent Jury panel and a 5-minute live Q\u0026amp;A.\u0026nbsp;\u003C\/p\u003E\r\n\r\n\u003Cp\u003ESpeaking at the Presentation Ceremony the TiE University program co-chairs\u0026nbsp;\u003Ca href=\u0022https:\/\/www.linkedin.com\/in\/lopezpaul\/\u0022\u003E\u003Cem\u003EDr. Paul Lopez\u003C\/em\u003E\u003C\/a\u003E\u003Cem\u003E,\u003C\/em\u003E\u0026nbsp;\u003Ca href=\u0022https:\/\/www.linkedin.com\/in\/subbaraju\/\u0022\u003E\u003Cem\u003ESubbaRaju Pericherla\u003C\/em\u003E\u003C\/a\u003E\u003Cem\u003Eand\u003C\/em\u003E\u0026nbsp;\u003Ca href=\u0022https:\/\/www.linkedin.com\/in\/viiveck\/\u0022\u003E\u003Cem\u003EViiveck Verma\u003C\/em\u003E\u003C\/a\u003E,\u0026nbsp;\u003Cem\u003Esaid they are\u003C\/em\u003E\u0026nbsp;looking to expand the program participation to 40 chapters and 400+ universities worldwide by 2022.\u003C\/p\u003E\r\n\r\n\u003Cp\u003EThe worldwide jury panel for the finals, consisting of VCs and investors, included Bodhi Capital\u0026rsquo;s\u0026nbsp;\u0026nbsp;\u003Ca href=\u0022https:\/\/www.linkedin.com\/in\/dhartidesai\/\u0022\u003EDharti Desai\u003C\/a\u003E, Silicon Valley Bank\u0026rsquo;s\u0026nbsp;\u003Ca href=\u0022https:\/\/www.linkedin.com\/in\/rajanpriya\/\u0022\u003EPriya Rajan\u003C\/a\u003E, Elevate Capital\u0026rsquo;s\u0026nbsp;\u003Ca href=\u0022https:\/\/www.linkedin.com\/in\/ksripadam\/\u0022\u003EKumar Sripadam\u003C\/a\u003E, and Inflexor Ventures\u0026rsquo;\u0026nbsp;\u003Ca href=\u0022https:\/\/www.linkedin.com\/in\/venkat-vallabhaneni-a663871\/\u0022\u003EVenkat Vallabhaneni\u003C\/a\u003E.\u0026nbsp;\u0026nbsp;Semi-finals judges from across the globe included\u0026nbsp;\u003Ca href=\u0022https:\/\/www.linkedin.com\/in\/craig-abbott-78b408\/\u0022\u003ECraig Abbott\u003C\/a\u003E,\u0026nbsp;\u003Ca href=\u0022https:\/\/www.linkedin.com\/in\/rbhatia\/\u0022\u003ERakesh Bhatia\u003C\/a\u003E,\u0026nbsp;\u003Ca href=\u0022https:\/\/www.linkedin.com\/in\/radhikaiyengar13\/\u0022\u003ERadhika Iyengar\u003C\/a\u003E,\u0026nbsp;\u003Ca href=\u0022https:\/\/www.linkedin.com\/in\/rama-devi-kanneganti-2119aa184\/\u0022\u003ERama Devi Kanneganti\u003C\/a\u003E,\u0026nbsp;\u003Ca href=\u0022https:\/\/www.linkedin.com\/in\/docparghi\/\u0022\u003EDoc Parghi\u003C\/a\u003E, and\u0026nbsp;\u003Ca href=\u0022https:\/\/www.linkedin.com\/in\/soniaweymuller\/\u0022\u003ESonia Weymuller\u003C\/a\u003E.\u003C\/p\u003E\r\n\r\n\u003Cp\u003EApart from the top three winners, prizes were announced in various other categories. Silicon Valley\u0026rsquo;s Ambii and New Jersey\u0026rsquo;s Volant from New Jersey Institute of Technology jointly received a $1,500 Best Elevator Pitch award. Similarly, Teams Clean Electric from IIT\/BHU, Varanasi representing TiE Mumbai, and Aruga Technologies from Carnegie Mellon University representing TiE Pittsburgh jointly received $1,500 Best Technology prize. Frinks, from IIT Hyderabad, representing TiE Hyderabad took the $500 People\u0026#39;s Choice Award. Apart from this, all participating teams walked away with technology and service prizes worth $2500 per team.\u003C\/p\u003E\r\n\r\n\u003Cp\u003EThe competition also hosted a keynote address by serial entrepreneur\u0026nbsp;\u003Ca href=\u0022https:\/\/www.linkedin.com\/in\/thejo\/\u0022\u003EThejo Kote\u003C\/a\u003E. Thejo sold his connectivity startup, Automatic for $115 million to SiriusXm. He inspired the university startup teams and online audience alike by saying, \u0026ldquo;The biggest lesson I\u0026rsquo;ve learned along the way is to make sure you enjoy the journey (of building a startup) and it\u0026rsquo;s something that you learn from and grow from. Else it will be a lot more challenging.\u0026rdquo;\u003C\/p\u003E\r\n\r\n\u003Cp\u003E\u0026nbsp;\u003C\/p\u003E\r\n\r\n\u003Cp\u003E\u003Cstrong\u003EAbout TiE University:\u003C\/strong\u003E\u003C\/p\u003E\r\n\r\n\u003Cp\u003ETiE University program focuses on enhancing the learning objectives of university students globally through the creation and presentation of business pitches for startups and new small business ventures so that they aspire to become entrepreneurs. TiE University is looking to expand its reach to 40 chapters and 400+ universities worldwide. If you\u0026rsquo;re interested, reach out to the below-mentioned media contact. For more information, visit -\u0026nbsp;\u003Ca href=\u0022https:\/\/tie.org\/tie-university\/\u0022\u003Ehttps:\/\/tie.org\/tie-university\/\u003C\/a\u003E\u003C\/p\u003E\r\n\r\n\u003Cp\u003E\u0026nbsp;\u003C\/p\u003E\r\n\r\n\u003Cp\u003E\u003Cstrong\u003EAbout TiE Global:\u003C\/strong\u003E\u003C\/p\u003E\r\n\r\n\u003Cp\u003ETiE Global, is a non-profit organization dedicated to fostering entrepreneurship around the World. TiE strives to inspire entrepreneurs through mentoring, networking, education, incubating and funding programs and activities. With nearly 2000+ events held each year, TiE brings together the entrepreneurial community to learn from local leaders, as well as each other. Few of the annual flagship events conducted by TiE are TYE, TiE Women, TiE University, TiECons and TGS. For more information, please visit our website at\u0026nbsp;\u003Ca href=\u0022https:\/\/tie.org\/\u0022\u003Ehttps:\/\/tie.org\/\u003C\/a\u003E\u003C\/p\u003E\r\n\r\n\u003Cp\u003E\u0026nbsp;\u003C\/p\u003E\r\n\r\n\u003Cp\u003E\u003Cstrong\u003EMedia Contact:\u003C\/strong\u003E\u003C\/p\u003E\r\n\r\n\u003Cp\u003EAparna Mishra Aparna@tie.org\u003C\/p\u003E\r\n","summary":null,"format":"limited_html"}],"field_subtitle":"","field_summary":"","field_summary_sentence":[{"value":"Georgia Tech\u2019s Aerodyme Technologies wins first place of the 13 student teams representing TiE chapters from India, Middle East, USA, and Canada."}],"uid":"28156","created_gmt":"2020-10-07 22:32:33","changed_gmt":"2020-10-08 00:24:39","author":"Recha Reid","boilerplate_text":"","field_publication":"","field_article_url":"","dateline":{"date":"2020-10-07T00:00:00-04:00","iso_date":"2020-10-07T00:00:00-04:00","tz":"America\/New_York"},"extras":[],"hg_media":{"640006":{"id":"640006","type":"image","title":"Aerodyme Technologies Wins TiE University Global Pitch Competition 2020","body":null,"created":"1602116639","gmt_created":"2020-10-08 00:23:59","changed":"1602116639","gmt_changed":"2020-10-08 00:23:59","alt":"","file":{"fid":"243291","name":"Aerodyme Technologies.jpg","image_path":"\/sites\/default\/files\/images\/Aerodyme%20Technologies.jpg","image_full_path":"http:\/\/www.tlwarc.hg.gatech.edu\/\/sites\/default\/files\/images\/Aerodyme%20Technologies.jpg","mime":"image\/jpeg","size":57691,"path_740":"http:\/\/www.tlwarc.hg.gatech.edu\/sites\/default\/files\/styles\/740xx_scale\/public\/images\/Aerodyme%20Technologies.jpg?itok=A0TcyTta"}}},"media_ids":["640006"],"related_links":[{"url":"https:\/\/inventureprize.gatech.edu","title":"InVenture Prize"},{"url":"https:\/\/create-x.gatech.edu","title":"CREATE-X"},{"url":"https:\/\/tie.org\/tie-university\/","title":"TiE University"}],"groups":[{"id":"605793","name":"Innovation (news)"}],"categories":[{"id":"129","name":"Institute and Campus"}],"keywords":[],"core_research_areas":[{"id":"39441","name":"Bioengineering and Bioscience"},{"id":"145171","name":"Cybersecurity"},{"id":"39431","name":"Data Engineering and Science"},{"id":"39451","name":"Electronics and Nanotechnology"},{"id":"39531","name":"Energy and Sustainable Infrastructure"},{"id":"39461","name":"Manufacturing, Trade, and Logistics"},{"id":"39471","name":"Materials"},{"id":"39481","name":"National Security"},{"id":"39501","name":"People and Technology"},{"id":"39511","name":"Public Service, Leadership, and Policy"},{"id":"39491","name":"Renewable Bioproducts"},{"id":"39521","name":"Robotics"},{"id":"39541","name":"Systems"}],"news_room_topics":[],"event_categories":[],"invited_audience":[],"affiliations":[],"classification":[],"areas_of_expertise":[],"news_and_recent_appearances":[],"phone":[],"contact":[],"email":[],"slides":[],"orientation":[],"userdata":""}}}