On April 6 and 7, in Mountain View, CA, Princeton Entrepreneurship Council (PEC) sponsored its first Startup Roadshow. Nine companies, each with a faculty member or alumnus serving in a founder or senior executive role, pitched to eight established VC firms headquartered in the Bay Area for Series A funding.
From an initial pool of almost 40 applicants, the nine Princeton startups were selected by an alumni panel of venture capitalists and seasoned entrepreneurs. These startups represented technology-based businesses in health care, travel, information security, battery diagnostics, STEM tutoring, education toys, solar power, quantum computing and 3D-printing resins. Two of the startups were faculty-led, two were AEF-funded companies, and five were led by other Princeton alumni.
The participating VC firms to whom they pitched were Artiman, Emergence, Greylock, Intel Capital, Propeller, Redpoint, Sequoia Capital and Venrock.
In addition, PEC co-hosted an alumni reception and networking event during which each of the companies presented a brief overview of their companies to about 120 alumni and guests.
The law firm Fenwick & West provided space for both the roadshow and alumni reception.