It has been a really fun year so far for Capacitech Energy! Started it off by being named a top 30 energy storage startup, then we were selected as a top 4 finalist for the CADE Museum Prize, we won the collegiate prize at eMerge Americas, and last week we were awarded a $10,000 check by Space Florida for the seed stage competition at the Florida Venture Forum.
The Florida Venture Forum gave us the opportunity to share Capacitech’s growth and to focus on interested investors. This award supports the commercialization of our wire-shaped energy storage technology, and clearly demonstrates Central Florida’s innovation ecosystem!
-Joe Sleppy | CEO of Capacitech Energy
Capacitech presented their vision for improving residential solar power systems using their wire-shaped energy storage technology by building them into the DC power cords connecting everything together. The pitch was well received by investors in the crowd.
One of the coolest aspects of the night was the impressive showing by Orlando companies! Capacitech and SegAna are both members of the University of Central Florida incubation program and both took home awards in the seed stage and early stage competitions.
This form of non-dilutive capital can go a long way in helping companies reach the next stage. Maybe it is in the form of extending runway, a major investment, or to establish credibility to investors or customers. Regardless, this event hosted by Florida Venture Forum and Space Florida is an important piece of the central Florida innovation ecosystem!