Digital Sandbox charges three new startups with its proof-of-concept challenge
January 25, 2019 | Startland News Staff
An effort to elevate Kansas City’s creative minds, Digital Sandbox KC is digging deeper in its sixth year of acceleration — adding three new startups to its portfolio, the proof-of-concept program announced this week.
Jeff Shackelford, Digital Sandbox
“Our initial goal was to find 10 early-stage concepts that had high-growth potential and help them secure follow-on funding,” said Jeff Shackelford, executive director. “We’ve now had 76 sandbox companies secure over $68 million in funding and have created more than 600 area jobs.”
Companies joining the Digital Sandbox fold in 2019 include; data theft thwarting tech, Erkios Systems; digital assistant platform, Üdo; and artificial intelligence enabled, water management platform, Blockchain Water.
“The range of concepts we continue to see presented to the Sandbox is incredible,” Shackelford said of the companies chosen to take part in the program.
Already having gained traction in the Kansas City startup space is Erkios Systems, one of eight $50,000 winners in the 2018 LaunchKC grants competition.
Click here to read more about Erkios.
“This Digital Sandbox KC award is a major benefit, not just for Erkios Systems, but for the world,” said Ryan Sylvia, CTO, Erkios Systems. “This will facilitate Erkios Systems to enhance and streamline its product offering to secure the Internet of Things devices that, until now, had no viable solutions.”
Read about Erkios Systems winning appearance at LaunchKC 2018 here.
In its first five years, Digital Sandbox created job opportunities that infused more than $14 million into the pockets of Kansas Citians, bolstering the local economy, the company said.
“Digital Sandbox KC funding is a very important validation and will help us move our platform to market at much faster rate,” said Elangovan Thevar, Blockchain Water founder. “Digital Sandbox KC provides great local support and other resources to propel our venture to the next stage and reach our goals. We are very excited to start our entrepreneurial journey.”
Featured Business
2019 Startups to Watch
stats here
Related Posts on Startland News
YEP KC teen serves hope through enterprising volleyball benefit for men’s shelter
When 17-year-old Catherine Franano learned the mattresses at Kansas City Rescue Mission were old and too worn for comfortable use, the Pembroke High School senior leapt into action, she said. “Some of these people … like they’ve just had so many awful things happen to them, but not having anywhere to sleep?” Catherine said. “How…
(Video) ESHIP Summit attendees ask: Can entrepreneurial support efforts actually be sustainable?
When more than 600 attendees gathered this week in Kansas City for the second ESHIP Summit, they each came with their own ecosystems, businesses, local governments and support networks in mind. They also brought questions. “What are they doing in their cities? What’s worked and what hasn’t worked? What can we adopt back at home…
Four key moments led to SoftVu’s exit (three missteps kept it from happening sooner)
Deals like the acquisition of KC-based SoftVu by an Alabama private equity firm don’t happen overnight. And founder Tim Donnelly gives near-equal weight to the trials and triumphs that led the marketing platform to its big exit. “We’ve done as much as we possibly can based on the mistakes we’ve made, the lessons that have…
Eyeing added impact, AltCap expands its KC service area
AltCap — a Kansas City-based community development financial institution that focuses on underserved populations — is expanding its footprint. In response to small businesses’ growing demand for capital, AltCap will now serve the entire Kansas City metro, including the Kansas counties of Wyandotte, Johnson, and Leavenworth. The move will allow AltCap to finance more small…