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TEEC Angel Fund Portfolio Updates

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Datafox: Datafox

After a full year of testing with 2000+ trail users, Datafox launched its Beta: a matrix of algorithms that collect information from public and private sources and deliver it right when people need it, on Sept.16. DataFox call this predictive intelligence. It offers “Intelligence-As-A-Service” to professional investors, publishers, VC firms and others involved in private equity to stop wasting time on data collection and focus instead on analysis and investment decision makings. The new DataFox Beta has the following three major characteristics: 1. A Real-Time Events Feed that Replaces an Analyst 2. The Best Prospecting Tool Ever 3. Create and Curate Lists Together.

 

Lex Machina: Lex Machina

Lex Machina, an enterprise software provider of legal analytics from publicly available data sources, announced on Sept.23 a new service for the pharmaceutical industry. The new service allows drug patent holders and generic drug manufacturers and their counsel to use the company’s data analytics to decide about case strategy and litigation tactics around the 1984 Drug Price Competition and Patent Restoration Act, commonly known as the Hatch-Waxman Act.

 

Quanergy Systems: Quanergy

On Sept.29, 2014, Quanergy Systems, Inc. (Quanergy) and Mercedes-Benz Research & Development North America, Inc. (MBRDNA) announced the consummation of a strategic partnership agreement whereby the companies will undertake a close technical collaboration to develop, test, and deploy advanced LiDAR-based systems specifically designed to enable enhanced automotive safety and autonomous driving features. Quanergy is developing a new generation of LIDAR sensors offering the highest performance/price ratio for multiple industries – automotive, transportation, logistics, robotics, military, mapping, and other areas.

 

FlightCar: FlightCar

On Oct.14, FlightCar, the world’s first peer-to-peer car sharing startup which already operates in San Francisco, Los Angeles, and Boston airports, expanded operations to include Seattle-Tacoma International Airport (SEA). FlightCar gives its customers a way to enjoy free airport parking and earn extra cash by renting out these same unused cars to others. The company has seen impressive growth in the past 18 months since its launch and it has the financial backing and endorsement of many top tier investors, such as GGV Capital, General Catalyst Partners, Airbnb Co-Founder Brian Chesky, and Ryan Seacrest.

On Nov.19, FlightCar announced that it has expanded operations to include Philadelphia International Airport (PHL), Dallas Love Field (DAL), and Washington Dulles International Airport (IAD).

 

Pact:GymPact

The health tracking app Pact became the first, freely available smartphone application to launch its own health plan for employers, called Pact Health on Oct.14. It’s an insurance service in all but name since Pact can offer extra coverage the more you exercise, but the 15-person startup is calling it a health “plan” to avoid the extra regulatory scrutiny.

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