For 11 weeks, WashU-based startup teams worked with the Skandalaris Center and mentors to develop their pitches and prepare for the Spring 2021 cycle of the Skandalaris Venture Awards. April 26, during a special online event, finalists presented to a panel of judges. Three winners, along with an honorable mention, were selected.
- The first place SVC Cup and $10,000 cash prize went to HIVE Medical, Inc. HIVE incorporates a wireless sensor into IV lines to improve medication adherence and prevent expensive unplanned readmissions.
- Second place and $7,500 was awarded to Salentra Biosciences, a company that has developed a new technology capable of secreting insulin in response to glucose.
- SafeBeat Rx received third place and a $5,000 cash prize. SafeBeat Rx is developing machine-learning technology that aims to expand access to heart medications.
- An honorable mention went to Jellie Rhodes Group, which developed an algorithm that personalizes ACT and SAT training for high school students.
The recognized teams were funded thanks to generous support from Skandalaris National Council member Kishore Kanakamedala and David Mandell.