MentorMint Wins Startup of the Year at SXSW

Trojan startup MentorMint won ‘Startup of the Year’ at Tech.Co’s seventh annual SXSW pitch competition. MentorMint offers its users the opportunity to connect with expert mentors for career coaching in users’ fields of interest.

MentorMint was one among three winners that received an invitation to Tech.Co’s global startup competition, the Celebrate Conference. In addition to the invite, they’ll also receive the following prizes:

  • AA Business Extra Points from American Airlines;
  • Copies of Steve Case’s new book The Third Wave;
  • Hosting credits for 12 months from IBM;
  • Routers from Belkin; and
  • An invitation to join Salesforce’s Salesforce for Startups.

Congratulations to MentorMint on their success at SXSW!

Startup Feature: AIO Robotics


AIO Robotics

Interview with CEO Jens Windau


WHAT THEY DO

“We make the only stand alone 3D printing machine on the market — Zeus. If you think about Xerox copy machines, they’re completely standalone. They can scan, copy and print without being hooked up to a computer. We’re the only machine in the market that can do that in 3D and with a beautiful touchscreen and a powerful processor. There are machines that try to do the same thing but they’re not stand alone, so they’re not machines that you can put somewhere without an external computer. Since December 2014, we have shipped around 500 machines at about $2,500 each to customers worldwide.”

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“We secured angel investment funding the year after and with that capital, we were able to finish the development process. At the end of 2014, we started manufacturing our machines with a huge team of engineers and a partner in Taiwan. We finally grew to a team of seven people and moved to an office in Santa Monica.”

MOST REWARDING EXPERIENCE

“As an entrepreneur, you pretty much have to do everything by yourself first and then hand over tasks, and I think that’s one of the most rewarding things. Then the fun part in between was, for example, the Secret Service called and said “we need a machine.” The FBI called. Those kinds of things you don’t really expect.

We build prosthetic hands for kids and they’re incredible. It’s like $10 to print them and they’re super light. You can print them in 24 hours and kids can have instant prosthetic hands. We donate them to hospitals and kids here doing the special olympics. There was one little kid who came to our booth who was missing a few fingers, and the moment where you can help was very rewarding. It’s about opportunities to help people and give something back, and I think those moments are also moments when you realize it’s not always about competition or profit.”

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BEST ADVICE TO ENTREPRENEURS

“Be prepared for a roller coaster. When you’re in the field of tech, often your product development cycle takes a lot of patience. When you get your product up and running is not necessarily when it’s ready for the customer, so you definitely need a strong team that hauls together and sustains a long product development phase until it’s ready for the market.

You will still experience a lot of ups and downs, both financially as well as making sure the team gets along. You just have to be persistent, and think about what the end game is going to be and where you want to go.”

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Startup Feature: KrafftIT

 


KrafftIT

Interview with CEO Fredrik Krafft 


WHO THEY ARE

Fredrik Krafft, 31, was born in Sweden and graduated with an M.S. in Mechanical Engineering from USC in 2015. He created the Swedish version of KrafftIT during his military service in 2004. He registered KrafftIT Inc. in Delware in 2014.

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WHAT THEY DO

“KrafftIT is a health tech company that wants to solve the obvious problems that haven’t been solved yet. For example, air quality. People don’t think about it because it’s not as tangible. We want to fix the problem, not just inform you that there is a problem. Our app “Inhale” makes predictions for air quality, for up to four days in advance, so you know when the best time to be outside is.

If you work out outside for one hour at five o’clock, how is that relative to all other times you could work out? We have pollen predictions too. Pollen predictions give a much higher value to people in the United States because of allergies. If you’re far away from the major cities, there’s still an issue with air quality, not because of pollution but because of pollen.”

HOW KRAFFTIT WAS BORN

“I was running around campus with one of the triathlon team members. He’s running full speed and it’s a short track on campus, but halfway through I’m dying. Sure, he’s a triathlon guy, but I should at least be able to get around campus. It was one of those really polluted summer days and there were cars all around us. It got me thinking, “when should I have been running? I wish I had an idea of when that should be,” but there was no solution out there. So I thought, ‘ok, I should do something about it. ’”

MOST REWARDING STARTUP EXPERIENCE

“Creating something new. Being your own creator of success. I don’t know if in America this is a common expression, but in Sweden, the saying is “you are your happiness blacksmith,” so you make your own happiness. By doing something on your own, well in a team of course, where you share a common goal with your teammates, what you do makes a huge difference for the success of the company. Everyone has a part in this and what they do will influence the success enormously.”

krafftit founders

Director of Business Development Matt Kasten said: “It’s very fun, it’s very chaotic, it’s very rewarding. It’s an experience that I think we’re all looking for coming out of school. Instead of going to work for perhaps a big company, we’re really looking to create something for ourselves, for communities, for Los Angeles, for the world, that’s going to be a really helpful tool going forward.”

“If you don’t have a bigger vision of why you want to do something, it doesn’t make sense to do it. Why are you putting in all this work if, ok you might have the vision to get rich, but money has no real value right? It’s nothingness.

Seeing people happy, solving a problem, helping someone. I strongly believe that everyone needs to do something where they feel like they’re making a difference, and that’s what makes you happy.”

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