It was an inspiring night at the UCLA Anderson Venture Accelerator 2019 Spring Showcase. Ten companies incubated in the accelerator or through Anderson’s Business Creation Option capstone program presented their startup ideas to an audience of more than 200, including about 100 venture capitalists and angel investors.
The showcase included two recent UCLA Anderson Knapp Venture Competition winners, skin care firm U-Defi and Elenita, which makes a ready-to-drink mescal cocktail. VoiceLife, which includes a father and son among its team members and makes a product that uses Wi-Fi to charge mobile devices, has already received funding. Several other companies are in discussions with potential investors.
“This year’s companies were further along in their product development, which resulted in some better funding,” says accelerator director Trish Halamandaris (’92). “Much of that success can be attributed to the increased number of Anderson alumni who served as advisors and were instrumental in helping these companies accelerate their growth.”
The showcase was the third for the Anderson Venture Accelerator, which launched in 2016. These are the Spring Showcase teams: