Nov 1, 2018   SOURCE: PR NewsWire

Promising IoT StartUps Pave the Way to New Industries

RENO, Nev., Nov. 1, 2018 /PRNewswire/ -- Three companies selected for the Fall 2018 InNEVator, a fully-funded eight-week pre-accelerator program, are "ready for launch" according to program leaders and investors. Part of the vibrant entrepreneurial ecosystem taking hold in northern Nevada, the InNEVator is hosted by the University of Nevada, Reno Innevation Center--Powered By Switch and is advancing early-stage, IoT companies and technologies.

The companies, chosen from a pool of more than 50 applicants from around the world, are:

    --  Elva, a medical technology company helping people manage medical
        treatments and medications. Elva features a bar-code scanner, similar to
        what hospitals use, to allow user-friendly tracking of medications,
        chronology and dosage from home or elsewhere. The device can go three
        days without a charge and is always connected via a 4G network. Elva
        improves medication compliance, and gives caregivers and distant loved
        ones peace of mind.
    --  Senclo, building a platform for peer-to-peer garage space rental that
        streamlines the entire process to just one click. STORP2P is the first
        on the market that has a combined hardware and software solution. It
        enables homeowners to easily rent out their garage with the ability to
        control and monitor access 24/7 without physically being there. STORP2P
        makes it simple for renters to search, rent and access garage space.
    --  Soapy, on a mission to reduce the spread of disease by making
        hand-washing easier. The company provides regulatory compliant
        hand-hygiene stations, with 24/7 access to safe water and soap, anywhere
        in the world, including areas that are water scarce. Soapy's intelligent
        hygiene micro-stations are powered by a proprietary soap capsule capable
        of producing an accurate dose of soap and water. Soapy devices require
        just 100 ml of water -- 95% less water than any available solutions.

Each company arrived at the InNEVator with a specific set of goals, from producing prototypes to fine-tuning the hardware or software, to getting its respective programs off the ground.

The Innevation Center is a collaborative environment where university students, faculty members and researchers engage with entrepreneurs, investors, commercialization experts and community leaders. Joining as program collaborators in the InNEVator are Watershed Growth Ventures, University of Nevada, Reno and Breadware. For more information visit www.RenoInnevator.com

Media Contact:
Brooke Brumfield
530.414.6259
brooke@brookebrumfield.com

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SOURCE University of Nevada, Reno Innevation Center