Upward Labs Showcases The Future Of Homes, Spaces and Cities at First Demo Day

August 2024 ยท 7 minute read

HARTFORD, Conn., Oct. 11, 2019 /PRNewswire-PRWeb/ -- Upward Labs, Connecticut's first pilot lab for tech companies creating the future of smart buildings and aged care, is hosting an interactive demonstration of its inaugural cohort's technologies on October 22nd, 2019. The announcement was made by Shana Schlossberg, CEO, Upward, in collaboration with Matt McCooe, CEO, Connecticut Innovations (CI) and Mayor Luke Bronin.

Upward Labs Demo Day: The Experience invites the public to participate in a live exhibition of the first cohort's tech solutions in action, allowing attendees to experience a tech-enabled urban hub in which to live, work, and play. "We are excited to shine a spotlight on our startups and the important role they play in the future of homes, spaces and cities," says Upward CEO Shana Schlossberg about the interactive presentation. "We have designed a unique demo day that will allow participants to experience how it feels to live in a smart city."

Companies from the first cohort have already started hiring local employees as they develop satellite offices in downtown Hartford and continue partnerships with the Labs' 27 corporate partners with whom they have collaborated over the past 6 months of the program. "Because of our participation in Upward Labs and the tremendous support of Hartford's ecosystem, we are excited to announce that we have moved our business from Germany and will be headquartering and manufacturing in Hartford, CT," said Soner Haci, CEO of BEAD - a company that uses smart sensors to monitor and manage building energy systems.

"Our innovation ecosystem is growing quickly, and Upward Labs Demo Day is one more good step forward," said Mayor Luke Bronin. "To see a company like BEAD move its business from Germany to Hartford is one more demonstration that Hartford can compete and win when it comes to attracting innovators, startups and growing companies. All of the companies at Upward Labs are trying to make everyday life easier, smarter, and more efficient, and we're thrilled to have them in our city. I want to thank Upward and Connecticut Innovations for their belief in Hartford and for bringing Upward Labs to life."

"Upward Labs has done a fantastic job with the first cohort of companies, attracting exciting companies from around the world, and showing them what Connecticut has to offer," said Matt McCooe, CEO of Connecticut Innovations. "We're even more excited about this next round of companies. Upward Labs is a lighthouse, showing the way some of the largest companies can go to market with some of the smallest, most innovative companies across the globe. Connecticut Innovations is proud to be an investor and partner to Shana and her team."

The Labs' second cohort of 10 startups will participate in Demo Day and begin their 6-month journey in Hartford on Wednesday, October 23rd. The participating companies include AuraAir, Family Eye, Naboso Technology, Well Beat, Softhard, Sniffy, Sensara, Saya Life, Vaango, and OSD. The companies will build custom pilots and refine their technologies for the US market under the purview of close to 30 corporate partners throughout the USA.

Upward Labs Demo Day: The Experience is open to the public on Tuesday, October 22nd, 2019, starting at 1:45pm, with an invite-only tour and lunch reception for the program's corporate partners and investors starting at 12:30pm.

What: Upward Labs Demo Day: The Experience. Eight tech startups from the smart building and aged care industries will present their piloting experiences with local Fortune 500 companies before operating live exhibitions in a demo "smart city" environment. Some of the companies are already hiring for their formal expansion to Hartford.

When: Tuesday, October 22nd - 12:30pm (Corporate Partners VIP Reception & Lunch); 1:45pm (Doors open to all guests); 2:15pm (Welcome remarks); 2:30pm (Keynote); 3:00pm (Startup pitches); 4:00pm (Immersive gallery opens); 4:30pm (Networking & cocktails)

Where: Upward Hartford, 20 Church St., Mezzanine Fl., Hartford, CT 06103

Cost: Free (Event includes refreshments)

Details: Learn more & register via Eventbrite: https://www.eventbrite.com/e/upward-labs-demo-day-the-experience-tickets-69905708857

Contact: Shana Schlossberg - Upward CEO - shana@moveupward.city

About Upward
Upward is global incubator with a vision to reinvigorate second-tier cities through a generation of innovators with ideas that are fostered through connection, learning and experience. In the last year, Upward's foundation city, Hartford CT, has started to transform into a thriving ecosystem and Upward has facilitated pilots and deals between startups from all over the world and major Fortune 500 Companies headquartered in the city. With the introduction of Labs, Upward is inviting startups globally to be a part of this movement and maximize their potential to effect real change. Learn more via http://www.moveupward.city.

About Connecticut Innovations Inc.
Connecticut Innovations is Connecticut's strategic venture capital arm, providing funding and strategic support to early-stage technology companies. In addition to equity investments, CI provides grants that support innovation and collaboration through CTNext, and connections to its well-established network of partners and professionals. To learn more, visit http://www.ctinnovations.com.

SOURCE Upward

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