Alchemist Accelerator Demo Day: 20 Companies to Watch

Alchemist Accelerator Hosts 29th Virtual Demo Day

Alchemist Accelerator recently concluded its 29th Demo Day, continuing its trend of exclusively virtual events. The accelerator showcased a diverse range of startups during the presentation.

Focus on Enterprise Solutions

Alchemist Accelerator distinguishes itself by concentrating on enterprise-level companies. These businesses typically develop solutions for other businesses, rather than directly targeting consumers. Their innovations often involve enhancing existing products, streamlining processes, or facilitating sales for their clients.

Key Announcements from Alchemist

Ravi Belani, of Alchemist, announced several developments during the Demo Day, including:

• A $2 million investment secured from German chemical company BASF. This investment is part of the “AlchemistX” initiative, which facilitates partnerships between Alchemist and large corporations – such as NEC, LG, and Siemens – and governmental bodies to establish accelerator programs.
• The appointment of Ian Bergman, formerly a director at Microsoft for Startups, as a partner and the head of Product for AlchemistX.

The Alchemist Demo Day commenced at 10:30 AM Pacific Time and was accessible via YouTube. The following is a summary of the companies that presented, outlining their respective areas of focus.

Company Spotlights

eCommerceInsights.AI: This company leverages artificial intelligence to analyze customer reviews, identifying key themes and converting them into practical, actionable insights for businesses.

Wilab: Wilab provides data analytics specifically tailored for 5G networks. Their solutions aim to forecast energy and bandwidth requirements, ultimately reducing network outages.

Booke.AI: An AI-powered assistant designed for bookkeepers, Booke.AI integrates with accounting software like QuickBooks and Xero to automate routine tasks, such as client communication and transaction categorization.

Covision Quality: Utilizing machine learning and computer vision, Covision Quality offers a system for detecting defects in manufactured plastic and metal components.

Grandeur Technologies: Positioning itself as a comprehensive platform for IoT developers, Grandeur Technologies provides tools that allow developers to prioritize hardware development while simplifying data storage and user authentication.

Deriskly: This platform employs AI to mitigate legal risks. It monitors and flags potentially problematic communications and identifies developing legal disputes with customers, employees, and other stakeholders across various digital channels.

EVAGo Medtech: EVAGo Medtech combines movement-detection technology, similar to Kinect, with physical rehabilitation programs. This allows therapists to remotely assist patients, particularly beneficial in situations where in-person sessions are challenging.

JSight: JSight introduces an open-source API standard designed to automatically maintain up-to-date API documentation for development teams.

PAL: This system supports families with children on the autism spectrum by connecting them with qualified caregivers and utilizing wearable technology and data analysis to enhance the quality of care.

Revire: Revire empowers companies to build AI-driven internal tools, offering pre-built machine learning models and user interface components for data analysis.

Seabird Apps: A no-code platform enabling the rapid creation of mobile community applications. These apps feature functionalities like messaging, event scheduling, and announcements, catering to groups such as neighborhoods, school clubs, and volunteer organizations.

Slingshot: Similar to how sports scouts identify promising athletes, Slingshot identifies talented young developers, creating a database for companies seeking to hire skilled coders.

Tellus Technologies: Tellus Technologies develops plant-based plastic alternatives that are fully biodegradable, quickly compostable, and sustainably sourced.

Werbot: Werbot simplifies and secures access to development servers. Users gain access to all servers with a single sign-on, and administrators can review server sessions to troubleshoot issues.

Kanari AI: Kanari AI focuses on improving speech recognition models to accurately recognize diverse dialects of the same language.

Portals: This platform aims to provide content creators with a dedicated space for their fans and new avenues for monetization.

Asynos: Asynos offers low-cost sensors for tracking individual items throughout the supply chain, reducing loss and waste.

Qummy: Qummy has developed an automated oven designed for small-scale food service operations, such as cafes and gas stations, enabling them to offer meals with limited kitchen space. Meals are frozen and heated directly in their packaging.

Watts Battery: Watts Battery manufactures large, stackable backup batteries for residential use. Users can customize their power capacity by adding multiple batteries as needed.

Aratar: Currently operating in a stealth mode, Aratar is a cryptocurrency-related project described on its website as an “index coin.”