Finalists selected for third Luminate cohort

Via the RBJ
 November 7, 2019

The 10 finalists in the third cohort of Luminate. (Provided)

The 10 finalists in the third cohort of Luminate. (Provided)

Empire State Development announced the 10 startups selected to take part in the third round of New York State’s Luminate NY accelerator competition in Rochester on Thursday during the Lightning Awards at the Strong National Museum of Play.

Each of the 10 companies receives an initial investment of $100,000 and a chance to receive $2 million in follow-on funding. The companies will take part in Luminate’s third cohort starting in January at the Sibley Building in downtown Rochester. The six-month program is designed to help the companies speed up the commercialization of their technologies and business, leading up to the Demo Day competition in June. The $25 million program is funded through the Finger Lakes Forward Upstate Revitalization Initiative award and is being administered by NextCorps.

“Congratulations to the 10 entrepreneurial companies selected as finalists for Luminate NY’s third cohort,” said Empire State Development Acting Commissioner and President & CEO-designate Eric Gertler. “These optics, photonics and imaging startups will continue to drive innovation and opportunity in the Finger Lakes region and throughout New York State.”

The 10 companies selected are:

  • Akknatek: Lens Reviewer, optical imaging system
  • ExPrimary: High-performance, low-cost bioanalytical instruments and assay-kit consumables
  • Haqean: On-demand quantum entropy
  • Kilo Medical Solutions: Brise-Solette, light regulation for premature infants in the neonatal ICU
  • PixelDisplay Inc.: Nanoparticles, thin-films, LED and Micro-LED designs, and digital controller ICs
  • Rubitection Inc.: Rubitect Assessment System (RAS), early bedsore detection and management tools
  • Sanoor: Smart lighting, LiFi, IoT, and underwater optical communications
  • Simulated Inanimate Models, LLC: SIM ARTS™, hands-free educational experiences
  • SunDensity: Photonic Smart Coating (PSC) technology
  • Think Outside: SKNOW, digital avalanche safety device

“The caliber of the startups and technologies for Cohort III is very strong,” said Luminate NY Managing Director Sujatha Ramanujan. “Our OPI ecosystem in the Finger Lakes will provide a distinct advantage for these businesses as they work to speed their innovations to market.”