Tech Wildcatters held its second Gauntlet pitch day Wednesday at the House of Blues in Dallas.
Selery Fulfillment and Tech EdVentures were the first startups to reach graduate status in the Dallas-based accelerator’s milestone-driven Gauntlet program, which launched earlier this year.
Both startups recently wrapped up of their seed rounds, which collectively totaled almost $1 million. They celebrated the investments Wednesday with check presentations during the pitch event.
Selery Fulfillment and Tech EdVentures told Dallas Innovates prior to pitch day that they raised a little over $300,000 and $685,000, respectively, in their seed rounds.
Tech Wildcatters invested $100,000 in both startups. Deep Space Ventures, a Dallas venture capital fund, gave a total of $650,000, according to D CEO.
“We’re proud of our investment and absolutely thrilled to be partnered with both companies,” Stephen Hays, Deep Space Ventures managing partner, told Launch DFW. “In both companies, we were the largest contributors to each company’s funding rounds, and have a board seat in both companies as well.”
Startups also featured during the pitch event that have reached level 3 in the Gauntlet program included: Dycap Media Solutions, PRYZM, Tigli Solutions, Floor Show VR, teleCalm, CruiseBe Inc, Fetch, The Stones Inc, and Help Bond Me.
Tech Wildcatters CEO Gabriella Draney Zielke plans to launch a licensing model for the Gauntlet program, according to D CEO. She’s also foreseeing other developments for the accelerator.
“Change is the only thing you can depend on. So don’t expect us to be the same in a year or five years from now, but do expect us to improve each time,” Draney Zielke told D CEO.
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