Accelerator provides a 12-week intensive program for extended reality start-ups
Sacramento, February 8, 2019 — The Capital Region AR VR Accelerator announced today 7 start-up companies from throughout Northern California selected to participate in the 2019 program occurring at the HaneyBiz and Allegiant Giving Center facility located at 4465 Granite Drive in Rocklin. The Accelerator involves a 12-week intensive program for start-up virtual reality and augmented reality (VR and AR) companies.
The program is unique in that it provides a blend of on-site and virtual components, investment capital, custom-tailored mentor teams, a focus on creation of a mutually-aligned milestone plan for each selected company, and a primary emphasis on growing key influencer relationships (investors, team and board members, customers, advisors/mentors, strategic partners and media representatives) that can directly accelerate success in achieving each start-ups business objectives.
The start-ups selected to participate include:
Adventure Lab creates hosted Virtual Reality escape room adventures. The platform enables the next generation of experience creators (i.e. twitch streamers and youtubers) to host and game master cooperative play adventures for friends, family, and followers. The company is founded by veterans of Pixar, Google and Facebook and the former co-founder of Oculus Story Studio.
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Cognivive is a digital therapeutics company solving neurorehabilitation’s biggest challenge: that most stroke patients never fully recover. Cognivive delivers evidence-based treatments as fun virtual reality games for home use. The games increase adherence while patent-pending algorithms directly target specific brain systems necessary for recovery. Founded by an experienced neuroscientist and expert game designer, Cognivive is uniquely qualified to reduce this massive pain point. They closed their Angel round, won grants and are ready to scale.
Meedia allows you to broadcast your news, on your time, in your space, and in your way! Eliminate the physical press gallery, the annoying and repetitive questions and create your own narrative that speaks to your purpose and protects your personal brand by being in total control of your message. With Meedia you create the press questions, you edit your answers, and you broadcast your information through social media utilizing a realistic media press conference platform created and captured on your mobile device.
Observer Analytics is an analytics platform built specifically for AR and VR experiences. Their software allows developers to track and analyze user engagement and in-app behaviors in order to optimize user experience and increase retention. As XR becomes the next computing platform, there is a need to analyze new three-dimensional data points such as user gaze, physical movement, and object interactions. What Google Analytics provides for websites, Observer provides for new immersive experiences!
The US has a math and science education problem. Within the next year our STEM workforce gap will grow to 1 million college grads. Building a STEM-capable workforce is a massive bottleneck that when fixed could unlock $1 Trillion in annual GDP. The Sama Virtual Reality Learning Platform is producing a full letter grade improvement in learning outcomes, and in some college classes, reducing the failure rate to zero. It is the curriculum platform of the future designed to prepare for tomorrow’s jobs so that today’s students can become tomorrow’s inventors, problem solvers and next great minds.
Tesuji is building the future of interactive social experience gaming and communication. With Vrumble — we built an amazing way to group video chat, play interactive games with friends, while live streaming to fans. You can even host your own gameshow or an event played by thousands with real cash prizes! As new reality platforms like AR, VR, and XR redefine our common social experience, Vrumble’s unique platform provides the bridge between mobile and XR for realtime group play, setting Vrumble at the forefront of the social communication evolution.
Entities serving as collaborators in the Capital Region AR VR Accelerator include:
- McClatchy New Ventures Lab
- Sacramento Kings
- Clark Pacific
- Moneta Ventures
- George Foreman Jr./IYC Capital
- Greater Sacramento Economic Council
- Five Star Bank
- TechFutures Group
Mentors, Advisors and Subject Matter Experts Supporting the Accelerator
The start-ups are supported by a wide range of industry experts who serve either as Subject Matter Experts, Mentors, Advisors or Demo Day Judges. Mentor Teams are assigned to each company based on alignment of interests and expertise. Some of the individuals who are participating in these roles include:
- Praveen Gupta, HTC
- Marc Rowley, Live CGI
- Joe Hill, Lucid
- Chaitanya Hiremath, Scanta
- Marcie Jastrow, Technicolor
- Kendrick Kho, Hone Capital
- Solaris Nite, 3DIQ
- David Price, SCALA Advisors
- Leen Seegers, Lucid Web
- Louisa Spring, SAM Immersive
- Wallace Poulter, former director of Strategic Insight at Magic Leap
- Danny Stefanic, Learnbrite
- Andrew Trickett, Merge VR
- Ryan Wang, Outpost Capital
- Kenji Tanaka, Sony Electronics
- Aaron Norstad, Walt Disney Imagineering
- Meghan Sims, McClatchy New Ventures Lab
- David Anderman, Technology/Entertainment Executive, Former COO/GC of Lucasfilm LTD
- Geene Alhady, Clark Pacific
- Wayman Harris, Applied Materials
- Scott Armanini, Angel Investor
- Yan Chow, Amgen
- Fred Penney, Penney & Associates, and Private Investor
- Gerry Baranano, Tech Futures Group
- Charles Eason, Tech Futures Group
- Grant Anderson, Marvel Studios
- Hemanth Satyanarayana, Imaginate
- Joel Breton, HTC Vive
- Will Mason, prior Co-Founder of Upload
- Mike Caputo, InContextSolutions
- Corley Phillips, Director, Sacramento Entrepreneurship Academy; Retired Venture Capitalist and Angel Investor
- Lesley Chinen, Media Specialist in AR and VR
- Dave Edwards, SolveNext
- Andre Goldstein, Otherworld Interactive
- Walter Greenleaf, Stanford VR Lab
- Dr. Hafid, Hamadene, Amazon
- Mark Haney, HaneyBiz
- Alexander Haque, Lumiere VR