Atlanta’s TechSquare Labs Crown’s Oculogx Winner Of Atlanta Startup Battle, They Will Head To The 1776 Challenge Cup In Washington DC
Oculogx is an Atlanta startup founded by two Georgia Tech undergrads; Charu Thomas and Sarthank Srinivas. Thomas is a junior studying industrial and systems engineering. Srinivas is a senior studying computer science.
Together, the two students came up with Oculogx a company that uses machine learning and augmented reality to improve the world of operations, logistics and supply chain. ” Through augmented reality, we create customized software solutions for clients in order to optimize the efficiency of their operations.” the company says on their website.
TechSquare Labs was the host of the Atlanta Startup Battle. TechSquare Labs is part startup space, innovation hub and early stage startup fund. They target startups in the pre-seed stage shedding the stringent demands that are typically placed on seed funds from traditional institutional investors.
We’re an early stage investor,” TechSquare Labs co-founder Allen Nance told RollingOut “Oftentimes, in Atlanta, early stage meant you had a million dollars in revenue. Here at TechSquare Labs, early stage means it can be two engineers and a computer. It can be an idea. It can be a prototype.”
TechSquare will invest between $100,000 and $500,000 into technology startups across the region.
The Startup Battle pitted five startups against each other after attracting over 400 applicants. That pool was reduced to 10 semi-finalists and then the five finalists that pitched last week at TechSquare Labs. The four other startups were; EmployToy, Grubbly Farms, OmniSpeech, and HelixAl.
When all was said and done Oculogx was the big winner in Atlanta. The $100,000 grand prize will help the duo move the company forward.
“It means we get to work on this full time. We had a lot of trouble finding the time, finding the resources, and we’re both students at Georgia Tech, which is a demanding school. We’ve had a lot of obstacles come our way but this gives us the validation because this means that other people believe in the same thing we do. We get to work on this full time now. It is so exciting,” Srinivas said.
Oculogx will head down to Washington DC to compete in the finals of the Global Challenge Cup a startup competition put on by The DC Incubator spun out of Startup America, 1776. The finals take place November 13-17th.
Check out Oculogx here.