500 Startups Batch 21 Demo Day was muted compared to past Demo Days. Normally it’s a festive themed environment. However, there was no theme this time. Christine Tsai, 500 Startups CEO, address the elephant in room and spoke about the difficulties following Dave McClure’s resigination after sexual hassament allegations.
Christine Tsai affirmed 500 Startups commitment to diversity and to build and support startups. Despite the turmoil experienced during this time, I found this batch to be excellent. Batch 21 consisted of 31 companies. Several have already achieved six digit MRRs.
So, in no particular order, here are some of my favorite startups at Batch 21.
Save the World (and Make Money)
Folia Water is my favorite of the batch. They developed a filter that can be used to make potable water. The best part is that it only cost pennies to make. One filter can make enough potable for a family of 4 for a week and only cost a quarter. Folia Water has the potential to provide cheap clean potable water for third world countries where this is a challenge.
Wow, this is Really Cool!
Lumotune has develop a digital display that is transparent. Essentially this enables any window to become marketing vehicle. I can see every major brick and mortar retailer and restaurant adapting their technology.
I waited half an hour (it turns out that investors have a priority over pseudo-journalist) to take a ride in VR Motion’s virtual reality vehicle simulator. Their current business model is to sell their simulators to police departments. I’m not sure what that market is like but it was a fun ride (I even got dizzy when I took the virtual car off roading).
My Vote for Unicorn