The NYU Tandon School of Engineering’s Future Labs announced the seven startup companies selected for their inaugural Catalyst NYC cohort who will participate in a six-month program offering the benefits previously available only to Future Labs companies.
Catalyst NYC provides an opportunity for startup companies to successfully pass through the pre-seed stage by offering them access to resources, faculty, and University talent valued at about $350,000. Participation is equity-free and at no cost.
These seven startups are:
- Ursa, allowing the recording of notes and conversations side-by-side to improve actionability, efficiency, and context to traditional meeting notes.
- Trash TV, using a next-generation stock video library and content platform for real-time predictive video editing.
- Skopos Labs, leveraging an AI software platform that makes accurate risk and opportunity predictions from unstructured data for financial markets and companies.
- ai, identifying the veracity of scientists and scientific work through a researcher network and machine learning.
- Omnirisk, keeping up with evolving autonomous driving technologies and offering risk assessments of commercial vehicles and their components.
- LandWright, using a new form of equity financing for a commercial real estate securities marketplace with access to individuals priced out of the market.
- ai, allowing brands to drive their sales directly from social media comments.
Steven Kuyan, the managing director at NYU Tandon Future Labs, talked about the selection process for the cohort, saying that, “We received overwhelming interest, and the entire team worked diligently to identify seven companies that will benefit from our program. With the help of our resources, we will work toward ensuring the companies gain market traction and become contributing members of the New York City startup ecosystem.”
Catalyst NYC encompasses half of NYU Tandon’s Future Labs, making use of the Data Future Lab as well as the Digital Future Lab, in Manhattan’s SoHo neighborhood and the DUMBO section of Brooklyn, respectively.