28 October 2019                      View this email in your browser
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Orlando Venture Sourcing Weekly

News, analysis, and opinions
Orlando's innovation community.


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Our newsletter promises to keep you informed about the latest tech, startup, and innovation news and events in Orlando.  We will bring you our analysis and opinions as well as those from guest authors from the innovation community. Our newsletter is powered by Orlando Venture Sourcing. Please signup if you haven't already done so and forward this newsletter to your friends.

Weekly Spotlight

SeedFundersOrlando Invests In First Portfolio Company Blue Halo Biomedical

SeedFundersOrlando announces today that it has made its first portfolio company investment in Blue Halo BioMedical, an Orlando medtech startup commercializing a revolutionary advancement in catheter technology for urologic patients.
Blue Halo’s Blue Halo Coil Catheter is a superior alternative to the 80-year old design of traditional Foley catheters.  Blue Halo’s catheter does not require an external collection device, has a superior flow rate, reduces the rate of urinary tract infections, and improves the quality of life in urologic patients.
“We are thrilled to become SeedFundersOrlando’s first portfolio company,” said Tony Ruben, CEO at Blue Halo BioMedical.  “SeedFundersOrlando is helping Central Florida startups get their product to market, and we look forward to being their first success as we work to commercialize the truly innovative Blue Halo Coil Catheter”

SeedFundersOrlando is an angel capital organization with a mission to provide investment capital, mentoring, and connections to pre-revenue, high-growth Orlando technology startups to accelerate their growth and success. Its members are world-class entrepreneurs with early-stage venture operational experience who have founded, scaled, and exited companies and believe that smart investments in emerging startup companies will benefit both their portfolios and Central Florida's innovation economy.
 “We were presented with the opportunity to make our first portfolio investment to the entrepreneur winning the Pitch Madness contest at Synapse Orlando,” said Dennis R. Pape, CEO of SeedFundersOrlando.  “With the startup field narrowed to three finalists, each remaining entrepreneur answered thought-provoking questions that got to the heart of how they think about scaling their startup.  Tony emerged as the clear winner. Blue Halo has made a major advancement in catheter technology and we’re confident Tony and his team at Blue Halo will revolutionize their industry.”


Startup Weekend Orlando 2019 - Early Bird Tickets, Discounted 50%, Expire On Friday

Techstars Startup Weekend is a global phenomenon in over 150 countries with close to 200,000 alumni. Over one weekend, participants will pitch brand-new business ideas, form teams, validate customers, present to a judging panel, and compete for prizes. Existing businesses cannot compete, making it a level playing field for new ideas and working with teams that are created spontaneously.

This year, Startup Weekend Orlando takes place November 22-24 at Credo Conduit. Orlando has a great track record, having won global awards in 2017 and 2018.

Students/Professionals of all ages and career stages are invited and encouraged to participate by purchasing tickets and using discount code OTECHROCKS. Note: Early bird tickets are currently discounted 50%, an opportunity which will expire on November 1st.

9 Central Florida Startups Selected to Pitch at Florida Aerospace Capital Forum


The Florida Venture Forum has selected 16 companies to present at its second annual Florida Aerospace Capital Forum at the Guidewell Innovation Center at Lake Nona on November 6 - and 9 are from Central Florida.

Ben Patz, head of the event selection committee and managing partner of DeepWork Capital stated, "The Florida Venture Forum's Aerospace Capital Conference draws early stage companies premised on hard science. Investors and businesses looking for startups with breakthrough technical solutions and meaningful IP can find hidden gems here, and companies with these innovations may find investors who understand them.

The 9 companies selected from Central Florida are:

 Alertgy, Melbourne ( has developed the first wearable noninvasive continuous blood glucose monitor (NICGM). 

Capacitech, Orlando ( is commercializing patent protected, advanced energy storage technology from University of Central Florida.

Censys Technologies, Daytona Beach ( is a Florida-based C-corp that sells long-range commercial drones, documentation services, mobile operation centers and data processing solutions that help drone service providers and enterprises minimize overhead and headache.

Everix, Orlando ( is disrupting the optical filter market with their high-value and low-cost-to produce solution.

Helical Communication Technologies, Rockledge ( was formed to serve the increasing need for specialized antennas for use with ground-based and space-based communication with satellites placed in low earth orbit and deep space.

Helicon Chemical Company, Orlando ( develops and manufactures next-generation rocket fuel for the military and commercial space industries.

InitWeather, Melbourne Beach ( uses artificial intelligence and advanced data collection technology to develop more accurate weather forecasts for the aerospace industry to help make better, smarter, and faster weather based-decisions.

Sensatek Propulsion Technology, Inc, Daytona Beach ( develops, produces, markets, and supports proprietary wireless sensors for measuring temperature, pressure, and strain in extreme environments.

SynMatter, Merritt Island ( provides smart anticorrosion microparticles utilizing its patented platform technology.

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Meet the Author
Dennis R. Pape

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