OEN PubTalk - Seed Oregon Championship
Congratulations to WeoGeo
Congratulations to WeoGeo! After a heated competition among a variety of Oregon and Southwest Washington seed-stage companies, WeoGeo was selected as the winner of the Seed Oregon Tournament. WeoGeo presented by CEO, Paul Bisset is building the world's richest and most accessible library of maps, through an advanced storage and delivery system for professional engineering and mapping documents. They provide tremendous costs savings for their customers with a Software-as-a-Service solution for content management. This solution is combined with a professional content marketplace, similar to the "iTunes Store", that creates new revenue opportunities for these customers.
The finalist has earned an opportunity to present at OEN's Angel Oregon 2009, the premier angel investing event in the Northwest. Angel Oregon 2009 will be held at the Governor Hotel in Portland on March 12th. Early bird pricing is through February 12th.
Presenting Runner-Up Companies:
88, Inc. - Robin Jones, Founder & CEO
88, Inc. is breaking boundaries by creating of a line of jewelry that seamlessly integrates technology and design. Their products leverage the spark between technology and timeless materials and craft, created by women with a woman's reality in mind. The brand represents beauty, empowerment, self-expression, and connection.
Trillium Fiber Fuels - Chris Beatty, CEO
Trillium FiberFuels is developing an isomerization system which will increase ethanol yield from cellulosic feedstocks by 30%-40%. By enabling xylose fermentation to ethanol, this co-reactor running in parallel with the main fermenter will dramatically reduce cellulosic ethanol production costs. We are executing a strategy to release the first commercial unit in 2011 that will address a US market size of about $450MM by 2015. Our proprietary cartridge-type technology enables a profitable business model with recurring annuity revenue as well as revenue from capital installations. The strategy requires investment of about $1.6MM in 2009, and further investments of $10-12MM total in the 2010 2012 time frame to create a technology and business worth over $100MM by 2015.