SOURCE SURGE Accelerator
SURGE Accelerator commences second annual boot camp for selected energy software startups; SURGE expands portfolio to include water information company.
HOUSTON, Feb. 21, 2013 /PRNewswire/ -- SURGE Accelerator today announced the second class of energy software startups with solutions for traditional energy, clean energy and electric power industries. SURGE'S portfolio also now includes a company targeting the water industry.
Over the next three months, SURGE companies will establish mentor relationships, land pilot projects, and prepare to raise subsequent rounds of capital. The twelve-week boot camp culminates in a demo day, known as "SURGE Day," on May 22 where each company will pitch to an audience of more than 500 of energy's leading experts and investors.
The SURGE Class 2 companies are: Bractlet (Atlanta, GA), Communificiency (New Haven, CT), Dynamo Micropower (Boston, MA), Energy Informatics (San Francisco, CA), Meshify (Houston, TX), Optimitive (Spain), RunTitle (Oklahoma City, OK), Secure-NOK (Norway), Skynet Labs (Ireland), The Metal Exchange (Houston, TX), WatrHub (Canada), and Waveseis (Denver, CO).
"The passion, quality and diversity of this class are unparalleled. We expect great things from these entrepreneurs," says Kirk Coburn, Founder and Managing Director of SURGE. "In addition, we decided to add water to our class because of its close relationship with energy. These limited resources face similar challenges in management and are crucial to our society's existence."
After focusing solely on solving the world's energy problems, the SURGE team delved into water and has found a calling to recognize and advocate its monumental role in the production of other resources. SURGE is now on an enhanced mission to better understand the nexus of water and energy and catalyze ideas that address future increases in resource demand.
Companies from SURGE'S inaugural class in 2012 have raised more than $9 million in additional capital and landed more than 20 pilot projects.
Learn more about SURGE 2 companies.
About SURGE Accelerator
SURGE Accelerator is a mentor-driven, seed accelerator solving the world's energy (+water) problems using software. Based in Houston, "The Energy Capital of the World," SURGE assists companies seeking to innovate and exploit the significant shifts in technology, policy and expertise across the energy industry. SURGE provides entrepreneurs with the seed capital, expert mentorship, and industry ecosystem to rise to true market validation and funding. SURGE's Texas-based and nationwide resources ensure entrepreneurs benefit from one of the world's best ecosystems to help an entrepreneur grow their company from idea to prototype to market leader.
©2012 PR Newswire. All Rights Reserved.