ResilientGrid Wins Capital Factory Smart City Challenge & $100K Investment
Cities across the world have been challenged to provide the fundamental necessities to grow — better transportation, affordable housing, clean energy. As one of the fastest growing cities in the nation, Austin is no exception. Although technology isn’t the answer to all our problems, it has always been a driving force in the growth of a city. We teamed up with MobilityX, Austin Tech Alliance and the City of Austin to give one tech startup a $100,000 investment but left giving two startups the opportunity — what can we say? Two is better than one.
Our team of Mentors, city council members and officials, and representatives from MobilityX went through hours of pitches and one-on-one meetings with the six finalists. There were so many amazing companies that we couldn’t pick one — so we picked two! We decided that Cloud 9 and ResilientGrid would each receive a $100,000 investment to transform Austin into a city of the future.