Alchemist Accelerator Demo Day XXVIII: 23 Pitching Companies

Alchemist Accelerator's 28th Demo Day Showcases Enterprise-Focused Startups

Today marks the occasion of Alchemist’s 28th Demo Day, an event spotlighting companies geared towards the enterprise sector – businesses that primarily serve other companies, rather than individual consumers.

This current group consists of 23 companies. Consistent with recent Alchemist cohorts, this iteration was conducted entirely in a virtual format. Alchemist director Ravi Belani has indicated this approach has proven successful, with attendance at the virtual demo day experiencing a “100%” increase compared to previous in-person events.

Updates from Alchemist Accelerator

A discussion with Belani revealed details about each company’s work and provided updates regarding the accelerator itself. Key updates include:

• Alchemist has secured an additional $4 million in funding for investment, with backing from NEC, Johnson Controls, and Nornickel.
• Through its AlchemistX division, the accelerator is expanding into regional programs. These initiatives will collaborate with governmental bodies to foster the growth of local startups. Initial programs are planned for Canada, Japan, and Korea. For instance, a partnership with Innovate Edmonton will focus on community safety-oriented acceleration.
• Collectively, Alchemist-backed companies have now raised over $1.7 billion in funding.

The Alchemist Demo Day will be live-streamed starting at 10:30 AM Pacific time today.

The following 23 companies will be presenting, in the anticipated order:

Company Spotlights

Codelock: This system automates the prevention of unauthorized application modifications by signing and continuously monitoring every line of code.

Creatify: A streamlined platform designed for the purchase and sale of NFTs. It enables creators to quickly establish a white-labeled NFT marketplace compatible with various blockchains.

EngFlow: This system accelerates code compilation for developers – achieving speeds 5-10 times faster, according to their data – by distributing the build process across multiple machines.

Speechki: A text-to-speech solution for generating audiobooks using synthetic voices. Publishers can select from over 200 voices and refine the output, adjusting pacing and pauses to their preferences.

Moodbit: Leveraging AI, this system identifies declining employee engagement or burnout, proactively suggesting “science-based nudges” to improve well-being.

Knowron: A virtual assistant specifically designed for industrial service personnel. Users can pose questions like “Why is this machine overheating?” and receive insights from the machine’s service manuals.

11Sight: A browser-integrated video and audio call widget for websites, facilitating quick connections between potential customers and sales teams. It also tracks leads and integrates data with CRM systems.

The Bright App: An all-inclusive platform for virtual personal trainers (specializing in areas like weightlifting, yoga, and dance). It manages scheduling and payments, and currently supports over 2,000 trainers.

Copyright Delta: A blockchain-based platform for verifying and managing media ownership rights.

Gaudium.AI: This generative AI tool assists social media teams in creating fresh content, generating unique copy tailored to specific requirements.

Arcturus: A “climate data analytics” tool that helps companies assess weaknesses in their sustainability strategies and assists asset managers in evaluating the impact of climate change and regulations on their portfolios.

AltComm: An in-office tool designed to improve communication between patients with barriers and their healthcare providers, ensuring greater accuracy.

OnTrack Rehab: An at-home training program aimed at helping seniors enhance their balance and reduce the risk of falls. Progress is evaluated through 15-minute exercises conducted four times weekly.

Sensory Robotics: A computer vision-based safety system for factories. Utilizing redundant 3D cameras, it detects potential hazards, such as a robotic arm nearing a human, and adjusts the machine’s behavior accordingly.

Direktiv: This platform is described as a platform-agnostic “event-driven serverless orchestration engine” operating in the cloud.

EMBER Medical: A telemedicine and doctor-appointment booking platform focused on the Middle East/North Africa region. The company reports having over 900 doctors currently on the platform.

Simularge: This company creates a “digital twin” of a manufacturing line to identify inefficiencies and potential cost savings.

Fixtender: A platform for managing bids on large construction projects, moving the process from emails and spreadsheets to a more centralized and accessible system.

Tensorfield Agriculture: Autonomous robots utilizing computer vision to identify and eliminate weeds in crops by precisely applying heated vegetable oil.

ExoVibe: A “digital ergonomics” platform that uses motion capture data to identify workplace ergonomic risks and prevent injuries.

Freightify: Positioned as “Shopify for maritime freight”, Freightify provides freight forwarders with an online store and the necessary tools for operation.

Esper Bionics: Developing a prosthetic hand that is designed to improve and gain abilities over time, employing machine learning for more accurate signal detection.

QVALON: A cloud-based platform for retail store management, offering a centralized space for team communication, task tracking, issue reporting, and performance monitoring.