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 | Future Ventures co-founders Maryanna Saenko and Steve Jurvetson
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Future Ventures Launches $200M Venture Capital Fund
Now entering its fifth year, the early-stage venture firm Future Ventures just closed a $200M fund—its third in a row, to invest in frontier technologies across diverse industries including machine intelligence, sustainable mobility, the future of food, computational biology, high-performance computing, aerospace and more. Future Ventures is co-founded by Steve Jurvetson, a veteran VC who has long been close to Elon Musk, and Carnegie Mellon University alumnus Maryanna Saenko.
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CMU Spinout Liquid X’s $2.5M Raise Means Hiring
Liquid X manufactures particle-free metallic inks. The company spun out of Carnegie Mellon University in 2010, after its leaders Richard McCullough and Greg Babe saw a need for more flexible ink products during the additive manufacturing boom in the mid-2000s. Liquid X raised $2.5M in December, to be divided in three tranches over the next two years.
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Pitt Ohio Taps Maven Machines for AI-enabled Deployment and Management Platform for 1,700 Trucks
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Pitt Ohio, one of the region's largest trucking and transportation companies, has tapped Maven Machines Inc., the makers of a cloud-based and real-time fleet management platform for trucking fleets and operators, to manage the dispatching of 1,700 trucks and 25 service centers.
Additional coverage in PIttsburgh Inno
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 | Kloopify co-founders Daniela Osio, CEO (left) and Ignacio Osio, COO (right)
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Kloopify Among Pittsburgh Inno's Ten Startups to
Watch in 2023
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Kloopify Inc., one of many startups working out of the CMU Swartz Center, has been named among the companies selected to the Pittsburgh Inno's 'Ten Startups to Watch in 2023'. Founded in 2021 by CEO Daniela Osio and Chief Operations Officer and CMU alumnus Ignacio Osio, Kloopify offers a software platform for procurement teams to make sustainable purchasing decisions.
Other CMU founded startups on the list are: Abridge AI, Culturora, Farm to Flame Energy, Inc., MindTrace Technologies and more.
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The Swartz Center for Entrepreneurship Hosts the
CMU Venture Challenge Demo Day
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On Saturday, April 8, the CMU Swartz Center hosted the annual CMU Venture Challenge Demo Day, a startup pitch competition that allows undergraduate student participants from top U.S. universities to pitch their startup ideas and win seed funding, legal services, mentorship and the opportunity to work with partners at Y Combinator, Meyer, Unkovic & Scott LLP, HubSpot, AWS, DRF and Bubble. Organized by the CMU Undergraduate Entrepreneurship Association (UEA), the event—which was held in person and
online—included keynote speakers Vinod Khosla, founder of Khosla Ventures and Lucy Guo,
co-founder of Scale AI. The winners of the Demo Day were:
1st place: HydroPhos Solutions (University of New Hampshire)
2nd place: Unsmudgeable (Babson College, Wellesley College)
3rd place: Equolity Bio (UPenn, Yale)
Demo Day organizers:
Roshni Surpur, Coleman Isner, Khushi Wadhwa (Innovation Scholars), Advika Jayanti, Anisha Chatterjee, Krishni Jumani, Eli Forcucci, Ram Potham, Tejas Venkatesh, Evan Pinnix, Krish Mawalkar
and Aryan Rawat
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Graduate Entrepreneurship Club Startup Spotlight:
Revvo Technologies
Revvo Technologies ensures that vehicles are safe on the road through it's smart time management platform. Read Revvo's full story. If you are a founder of a startup and would like to be featured in future publications, please fill out the form here.
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|  | 2022-24 Innovation Scholars at CMU Silicon Valley campus during 2023 Trek
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| Applications for the 2023-25 Innovation Scholars Program Close Today!
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Applications for the 2023-25 Innovation Scholars program are due by Friday,
April 14, 2023 at 11:59 PM; EST. Current second year students in the second semester in ANY school or college at CMU are eligible to apply to this highly selective program.
Applications MUST be fully submitted to be considered. Due to the competitive nature of the program and the limitation of 12 slots available, interviews will be based on the strength of the candidates' application and CMU program diversity.
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Apply for the Innovation Commercialization Fellows Program by Monday, May 1!
Carnegie Mellon graduate and Ph.D. students, post doctoral fellows and research assistants currently working with faculty on CMU research-based startups are eligible to apply for the Innovation Commercialization Fellows program. Well-qualified candidates will display a strong interest in driving the startup's commercialization efforts.
The Innovation Commercialization Fellows is a year-long, entrepreneurial program that begins on
July 1, 2023. Along with cohort-based educational workshops and expert one-on-one mentoring, Fellows will receive $50K from the Swartz Center—contingent upon a $50K match from another source—to assist with working on their commercialization.
Find out more and apply by Monday, May 1, 2023 at midnight ET. Send questions to Melanie Simko,
Program Manager.
Register for an Info Session on April 11 and April 20.
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Apply for the Customer Discovery Kickstart Program
The Swartz Center for Entrepreneurship’s Project Olympus Incubator announces the Customer Discovery Kickstart program, designed for early-stage startups to explore the feasibility of their business ideas. There are two four-week cohorts. The first begins on May 10 and the second begins on June 14, 2023. This program helps startup founders to determine product-market fit by connecting them with potential customers and industry stakeholders. CMU students, staff and alumni are eligible to apply.
Register for an upcoming info session to learn more:
Friday April 14, 4-4:30 pm ET
Monday April 17, 10-10:30 am ET
Thursday April 20; 4-4:30 pm ET
Apply for the May 10 - May 31 cohort by April 28, 2023.
Apply for the June 14 - July 12 cohort by May 31, 2023.
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CONNECTS/START SMART LAW SEMINARS
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| See the full Spring 2023 schedule here.
Can't make a CONNECTS? Watch on our YouTube channel.
The CONNECTS seminars have ended for the Spring semester and will resume at the start of the Fall semester in September.
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The James R. Swartz Entrepreneurial Leadership
Series Presents:
India, A Blue Ocean with Rima Mehta, CEO, TV Ad Indx
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Date: Friday, April 21, 2023
Time: 9:00 to 10:00 AM; EST | 6:30 PM IST
Location: Virtual (Zoom)
Join us for this virtual talk about India's growing prominence and the endless opportunities with Rima Mehta, founder and CEO of TV Ad Indx, a renowned Advertising Data Analytics Firm.
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Corporate Startup Lab Public Demo Day
Date: Tuesday, April 25, 2023
Time: 5-6 PM | ET
Location: Tepper Quad, 5th Floor, 4765 Forbes Avenue, Suite 5700
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RustBuilt Investor Day
Date: Thursday, April 27, 2023
Time: 9:00 AM - 8:00 PM | ET
Location: AlphaLab, Pittsburgh
As a part of this year's inaugural XchangeInnovation Week, twenty+ venture funds, family offices and other investors are coming to Pittsburgh for the RustBuilt Investor Day—a full day of curated, one-on-one meetings, investor-led workshops and the RustBuilt Startup Showdown pitch competition for startups from Pittsburgh, Detroit, Buffalo, Cleveland, Columbus, and Cincinnati with some traction and
<$1.5 Mil raised to date.
Founders are encouraged to apply!
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The mission of 99 Tartans is to partner with the highest potential, early-stage CMU alumni companies and accelerate their success through access to capital and networks. Find out more.
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CMU ENTREPRENEURSHIP CLUBS
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The CMU Tech & Entrepreneurship group connects the CMU community, alumni and students, to build an entrepreneurial culture and provide resources to help the community succeed. There are multiple region-based chapters within the group. Find out more and join the CMU T&E blog,
the CMU Tech Entrepreneur!
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The following companies help directly support our programming and entrepreneurs.
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| Pwc and Steptoe & Johnson, PLLC are holding in person office hours at the CMU Swartz Center for Entrepreneurship, Tepper Quad, 4765 Forbes Avenue, 3rd Floor. The office hours are for any interested CMU graduate, undergraduate or alumni interested in entrepreneurship or connecting with members of the Swartz Center network.
Walk-ins accepted. Registration NOT required!
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| Trust & Consulting Solutions
When: Weekly on Wednesdays
12-5 PM | ET: Dates: May 3, 2023, June 7, 2023
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Legal Services Office Hours
When: Weekly on Thursdays
1-4 PM | ET
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PATRON SPOTLIGHT
Procter & Gamble
Procter & Gamble (P&G) serves consumers around the world with one of the strongest portfolios of trusted, quality, leadership brands, including Always®, Ambi Pur®, Ariel®, Bounty®, Charmin®, Crest®, Dawn®, Downy®, Fairy®, Febreze®, Gain®, Gillette®, Head & Shoulders®, Lenor®, Olay®, Oral-B®, Pampers®, Pantene®, SK-II®, Tide®, Vicks® and Whisper®.
The P&G community includes operations in approximately 70 countries with thirteen research and development centers worldwide. Since 1837, P&G’s success is rooted in research and development and strong external partnerships with academia, entrepreneurs and startups. P&G would like to continue this legacy by partnering with you to bring your ideas to life. Find out more.
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HOW TO WORK OUT OF THE SWARTZ CENTER
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Swartz Center Education and Resources
No matter what phase of the entrepreneurship cycle you're in, there are programs and resources at the Swartz Center for Entrepreneurship that will take your idea to the next level. Find out more.
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Project Olympus Incubator Program
Want more help with finding product/market fit, developing your business model, making connections and attracting funding? Project Olympus will team you up with a business coach to develop a personalized ‘roadmap. Find out more.
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COMMUNITY OPPORTUNITIES/RESOURCES
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The Innovation Scholars program fosters innovation and entrepreneurship and seeks to increase the number of successful startup companies initiated by or involving Carnegie Mellon University’s undergraduate students.
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FIND OUT WHAT OUR PARTNERS ARE DOING
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Have startup news or opportunities to share? Have questions about the Swartz Center Weekly Bulletin? Send news, opportunities or questions to Sonya Ford, Program Manager.
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Carnegie Mellon University Swartz Center For Entrepreneurship
5000 Forbes Avenue | Pittsburgh, PA 15213-3890 |
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