Kyle
20/20 innoVentures a venture capital arm of Castrol Oil/BP stopped in Denver Colorao this week to hear pitches from up and coming mobile/mobility technology startups.
Crashboxx a Fort Collins based startup was one of four companies that made their pitches. David Byrne, Crashbox’s CEO said that this was his first time pitching to a vc firm.
Crashboxx is a technology geared towards fleet. The Crashboxx functions much like the black box on an airplane and records data that can be recalled in the event of a crash.
“This is really the future of fleet management and something every parent of a teenage driver would want,” said Byrne to the
Lightning Hybrids out of Loveland pitched as well. Their technology uses a hydraulic system to store the force from braking and re-applies it to accelerating.
According to Lightning Hybrid’s Founder Dan Johnson, their technology boosts mileage efficiency up to 30%
Fort Collins startup VanDyne SuperTurbo has made over 300 pitches according tp founder Ed VanDyne. They’ve raised over $14 million dollars so far.
They need to raise more capital for their technology that uses exhaust waste heat and torque from an engine’s drive train to increase an engine’s energy efficiency up to 30%.
GreenGold of Colorado Springs also pitched their manufacturing technology that according to their website “unlocks the full potential and benefits of biobased ingredients to create machining lubricants”
Source: Denver Post
